The Gleaner Company Ltd.

GROUP PROFIT AND LOSS ACCOUNT
Year ended December 31, 1997

NOTES
1997
$(000)
1996
$(000)
TURNOVER
12
 1,466,455 1,343,543
Trading profit for the
year before interest
and after charging
the under mentioned items
118,354 104,822
1997
$(000)
1996
$(000)
Depreciation
40,625
51,938
Directors' remuneration:
     Fees
346
261
     For Executive Services
2,541
1,922
Auditors' remuneration
3,290
2,463
Interest income
25,614
19,751
143,968
124,573
Interest paid
(10,090)
(11,206)
Exceptional items
13
498
1,552
( 9,592)
( 9,654)
Share of Profit/(Loss) in
Associated Companies
2(e)
2,024
( 487)
Profit before taxation
2(e)
136,400
114,432
Taxation
14
( 29,097)
( 33,880)
Profit after taxation
attributable to
stockholders of
parent company
14
107,303
80,552
Dealt with in the
financial statements of:
Parent Company
90,089
65,291
Subsidiary Companies
15,218
16,016
Associated Companies
1,996
( 755)

  • Directors' Report 1997
  • Group Profit & Loss Account
  • Financial Summary 1993 - 1997
  • The Quarter Ending March 31, 1998
  • Balance Sheets - December 31, 1997