(Company Registration No. 198101278D)
Additional Information on Toll Road Operations Traffic Volume FiguresTraffic Volume per road ('000 vehicles) | FY2016 | FY2015 | Change (%) |
1Q | 1Q | ||
Yongtaiwen Expressway | 3,048 | 2,792 | 9.2% |
Beilun Port Expressway | 2,473 | 2,337 | 5.8% |
Jiurui Expressway | 455 | 431 | 5.6% |
Guiliu Expressway | 1,075 | 1,282 | -16.1% |
Guihuang Highway | 1,926 | 1,934 | -0.4% |
Total | 8,977 | 8,776 | 2.3% |
Toll Revenue (RMB '000) | FY2016 | FY2015 | Change (%) |
1Q | 1Q | ||
Yongtaiwen Expressway | 321,759 | 295,176 | 9.0% |
Beilun Port Expressway | 77,485 | 70,118 | 10.5% |
Jiurui Expressway | 17,181 | 18,669 | -8.0% |
Guiliu Expressway | 145,463 | 160,563 | -9.4% |
Guihuang Highway | 46,500 | 48,560 | -4.2% |
Total | 608,388 | 593,086 | 2.6% |
1
Additional Information on Toll Road Operations (cont'd) Contribution to Group's Net Profit Attributable to Shareholders by Toll Roads(HK$'000) | FY2016 | FY2015 | Change % | ||||
1st Quarter | 1st Quarter | ||||||
Share of Results | Subsidy Income | Total | Share of Results | Subsidy Income | Total | ||
Joint Ventures ("JV") | |||||||
Guiliu Expressway | 34,034 | 34,034 | 43,741 | - | 43,741 | -22.2% | |
Guihuang Highway | 22,585 | 5,269 | 27,854 | 19,778 | 5,707 | 25,485 | 9.3% |
Net Profit from JV | 56,619 | 5,269 | 61,888 | 63,519 | 5,707 | 69,226 | -10.6% |
Subsidiaries | |||||||
Yongtaiwen Expressway | 93,936 | 85,809 | 9.5% | ||||
Beilun Port Expressway | 30,150 | 19,469 | 54.9% | ||||
Jiurui Expressway | 4,103 | 7,400 | -44.6% | ||||
Guixing Expressway (1) | 7,526 | - | n.m. | ||||
Guiyang Expressway (1) | 9,584 | - | n.m. | ||||
Yangping Expressway (2) | 663 | - | n.m. | ||||
Net Profit from Subsidiaries | 145,962 | 112,678 | 29.5% | ||||
Total | 207,850 | 181,904 | |||||
Others | |||||||
Other revenue & expenses (3) | (37,200) | (34,320) | 8.4% | ||||
Net Profit from Toll Road Operations | 170,650 | 147,584 | 15.6% |
Notes: 1)
2)
3)
The financial results of Guangxi Guixing Expressway and Guangxi Guiyang Expressway were consolidated with effect from 16 October 2015.
The financial results of Guangxi Yangping Expressway was consolidated with effect from 23 September 2015.
These comprise deferred income, effective interest, administrative expenses, finance costs, foreign exchange difference, withholding tax and income tax.
2
China Merchants Holdings (Pacific) Ltd. issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 April 2016 09:36:40 UTC
Original Document: http://www.cmhp.com.sg/resources/ck/files/1QFY16-Additional_Info_on_Toll_Road_Operations.pdf