Interest income

307,913

288,784

Interest expenses

(160,125)

(152,895)

Net interest income

5(a)

147,788

135,889

Fee and commission income

65,124

57,034

Fee and commission expenses

(6,807)

(6,641)

Net fee and commission income

5(b)

58,317

50,393

Sales of goods and services

5(c)

344,076

330,288

Other revenue

5(d)

16,316

16,715

360,392

347,003

Total revenue

566,497

533,285

Cost of sales and services

6,11

(283,148)

(270,863)

Other net income

7

9,944

7,713

Expected credit losses

8

(88,722)

(69,059)

Impairment losses

9

(7,024)

(6,511)

Other operating expenses

11

(103,894)

(102,685)

Net valuation (loss)/gain on investment properties

31

(756)

954

Share of profits of associates, net of tax

8,083

7,914

Share of profits of joint ventures, net of tax

5,474

2,786

Profit before net finance charges and taxation

106,454

103,534

Finance income

2,264

2,729

Finance costs

(12,703)

(12,294)

Net finance charges

10

(10,439)

(9,565)

Profit before taxation

11

96,015

93,969

Income tax

12

(17,827)

(18,944)

Profit for the year

78,188

75,025

Attributable to:

- Ordinary shareholders of the Company

53,903

50,239

- Holders of perpetual capital securities

-

600

- Non-controlling interests

24,285

24,186

Profit for the year

78,188

75,025

Earnings per share for profit attributable to ordinary shareholders of the Company during the year:

Basic and diluted earnings per share  (HK$)

16

                        1.85

                      1.73