Notes to Fina - 星島新聞集團

Notes to Fina
Notes to Financial Statements
31 December 2002
12. TAX
12.
Hong Kong profits tax has been provided at the rate of
16% (period ended 31 December 2001: 16%) on the
estimated assessable profits arising in Hong Kong during
the year/period. Taxes on profits assessable elsewhere
have been calculated at the rates of tax prevailing in
the countries in which the Group operates, based on
existing legislation, interpretations and practices in
respect thereof.
16%
16%
Period from
Year ended 1 April 2001 to
31 December 31 December
2002 2001
HK$’000
HK$’000
Group:
The People’s Republic of China:
Hong Kong 1,265 5,417
Elsewhere 123 66
Elsewhere 18,201 15,886
Under/(over) provision
in prior years 10 (1,360)
Deferred tax (note 33) 33 (491) (1,631)
19,108 18,378
Share of tax attributable to:
Jointly-controlled entities 4,008 461
Tax charge for the year/period 23,116 18,839
13. NET LOSS FROM ORDINARY ACTIVITIES ATTRIBUTABLE
TO SHAREHOLDERS
13.
98
The net loss from ordinary activities attributable to
shareholders for the year ended 31 December 2002 dealt
with in the financial statements of the Company was
HK$79,071,000 (period ended 31 December 2001:
HK$206,166,000).
Global China Group Holdings Limited Annual Report 2002
79,071,000
206,166,000