Annual Report 2020

160 Transport International Holdings Limited 2020 Annual Report Consolidated Statement of Profit or Loss for the year ended 31 December 2020 (Expressed in Hong Kong dollars) 2020 2019 Note $’ 000 $’ 000 Revenue 3 & 12 6,190,880 8,112,201 Other income 4 1,249,571 411,068 Staff costs 5(a) (4,339,974) (4,517,368) Depreciation (993,019) (966,607) Fuel and oil (619,612) (919,993) Spare parts (197,468) (214,679) Toll charges (272,388) (328,717) Other operating expenses (771,009) (865,944) Profit from operations 246,981 709,961 Finance costs 5(b) (26,933) (32,182) Gain on disposal of a subsidiary 35 1,495,548 – Share of profits of associates 6,525 21,544 Share of profit of joint venture 35 – Profit before taxation 5 1,722,156 699,323 Income tax credit/(expense) 6(a) 181,958 (94,012) Profit for the year 1,904,114 605,311 Earnings per share Basic and diluted 10 $4.21 $1.38 The notes on pages 167 to 239 form part of these financial statements. Details of dividends paid and payable to equity shareholders of the Company attributable to the profit for the year are set out in note 11.