The Land Registry Annual Report 2010/11

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Certified Financial Statements

Statement of Comprehensive Income

for the year ended 31 March 2011
(Expressed in thousands of Hong Kong dollars)

Note

2011

2010

Turnover

3

573,396

505,761

Operating costs

4

(340,768

)

(337,772

)

Profit from operations

232,628

167,989

Other income

5

9,656

9,858

Profit before tax

242,284

177,847

Taxation

6

(38,822

)

(28,138

)

Profit for the year

203,462

149,709

Other comprehensive income

–

–

Total comprehensive income
for the year

203,462

149,709

Rate of return on fixed assets

7

52.6%

38.5%

The Notes to the Financial Statements form part of these financial statements.