Consolidated Income Statment
For the year ended 31 December 2022
|
|
For the year ended 31 December |
||
|---|---|---|---|
|
Note |
2022 HK$ million |
2021 HK$ million |
|
|
Interest income |
384,322 |
371,808 |
|
|
Interest expenses |
(201,025) |
(189,835) |
|
|
Net interest income |
183,297 |
181,973 |
|
|
Fee and commission income |
85,978 |
55,949 |
|
|
Fee and commission expenses |
(10,069) |
(6,229) |
|
|
Net fee and commission income |
75,909 |
49,720 |
|
|
Sales of goods and services |
466,823 |
452,163 |
|
|
Other revenue |
45,104 |
25,080 |
|
|
511,927 |
477,243 |
||
|
Total revenue |
771,133 |
708,936 |
|
|
Cost of sales and services |
(413,422) |
(397,524) |
|
|
Other net income |
19,005 |
7,747 |
|
|
Expected credit losses |
(91,905) |
(103,094) |
|
|
Impairment losses |
(8,822) |
(1,704) |
|
|
Other operating expenses |
(131,922) |
(103,320) |
|
|
Net valuation loss on investment properties |
(758) |
(66) |
|
|
Share of profits of associates, net of tax |
7,554 |
12,787 |
|
|
Share of profits of joint ventures, net of tax |
5,312 |
4,776 |
|
|
Profit before net finance charges and taxation |
156,175 |
128,538 | |
|
Finance income |
1,364 |
2,036 | |
|
Finance costs |
(9,700) |
(9,433) | |
|
Net finance charges |
(8,336) |
(7,397) |
|
|
Profit before taxation |
147,839 |
121,141 |
|
|
Income tax |
(24,828) |
(20,863) |
|
|
Profit for the year |
123,011 |
100,278 |
|
|
Attributable to: |
|||
|
– Ordinary shareholders of the Company |
75,481 |
70,222 |
|
|
– Non-controlling interests |
47,530 |
30,056 |
|
|
Profit for the year |
123,011 |
100,278 |
|
|
Earnings per share for profit attributable to ordinary shareholders of the Company during the year: |
|
||
|
Basic earnings per share (HK$) |
2.59 |
2.41 |
|
|
Diluted earnings per share (HK$) |
2.59 |
2.41 |
|
The notes form part of these consolidated financial statements.