Consolidated Profit And Loss Account Page 16

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NOTES TO THE ACCOUNTS
2.
SEGMENT INFORMATION
a)
Business segments
(i)
Revenue and results
Segment Revenue
Segment Results
2005
2004
2005
2004
HK$ Million
HK$ Million
HK$ Million
HK$ Million
Property investment
343.0
330.7
237.2
235.8
Property development
3,900.4
6,522.4
861.2
980.3
Investment and others
358.3
375.7
287.0
215.0
4,601.7
7,228.8
1,385.4
1,431.1
Inter-segment revenue (Note i)
(140.6)
(112.9)
4,461.1
7,115.9
1,385.4
1,431.1
Unallocated expenses
(12.7)
(7.7)
Operating profit
1,372.7
1,423.4
Borrowing costs
(78.9)
(137.0)
Write back of provision/(provision) for properties
Property development
1,352.1
(4.6)
Property investment
885.8
44.6
Share of results of associates (Note ii)
2,167.9
2,047.3
Profit before taxation
5,699.6
3,373.7
Income tax
(506.0)
(536.8)
Minority interests
(1,026.3)
(534.3)
Group profit attributable to shareholders
4,167.3
2,302.6
48
Wheelock and Company Limited Annual Report 2004/05

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