Cathay Pacific 2000 Annual Report Download - page 41

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CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 2000 39
Consolidated Profit and Loss Account
for the year ended 31st December 2000
2000 1999 2000 1999
Note
HK$M HK$M US$M US$M
Turnover
Passenger services 22,878 18,979 2,933 2,433
Cargo services 10,136 8,391 1,299 1,076
Catering and other services 1,509 1,332 194 171
Total turnover
2
34,523 28,702 4,426 3,680
Expenses
Staff (7,482) (7,299) (959) (936)
Route (6,756) (6,352) (866) (814)
Fuel (5,770) (3,641) (740) (467)
Aircraft maintenance (2,920) (2,714) (375) (348)
Depreciation and operating leases (4,244) (3,886) (544) (499)
Commissions (719) (663) (92) (85)
Others (1,343) (1,336) (172) (171)
Operating expenses (29,234) (25,891) (3,748) (3,320)
Operating profit
3
5,289 2,811 678 360
Finance charges (2,731) (2,775) (350) (356)
Finance income 2,364 1,857 303 238
Net finance charges
4
(367) (918) (47) (118)
Profit on sale of investments
5
–482 –62
Share of profits of associated companies
14
279 108 36 14
Profit before taxation 5,201 2,483 667 318
Taxation
6
(110) (219) (14) (28)
Profit after taxation 5,091 2,264 653 290
Minority interests (86) (84) (11) (11)
Profit attributable to shareholders
7
5,005 2,180 642 279
Dividends
8
(2,182) (1,016) (280) (130)
Retained profit for the year
9
2,823 1,164 362 149
Basic earnings per share
10
148.4¢ 64.4¢ 19.0¢ 8.3¢
Diluted earnings per share
10
147.0¢ 64.0¢ 18.8¢ 8.2¢
The US$ figures are for information only and are translated at HK$7.8.
The notes on pages 44 to 73 form part of these accounts.