封 面 Swire Pacic Annual Report Cover Size: 210mm(W) x 285mm(H) ( Natural Fine Paper White 300gsm) Spine: 7mm C M Y K 202 4 股份代號：'A' 股 00019 'B' 股 00087 中期報告 目 錄 1 企業宣言 2 表現摘要 3 主席報告 7 業務評述 37 財務評述 39 融資 44 簡明中期財務報表的審閱報告 45 簡明中期財務報表 50 簡明中期財務報表附註 83 附加資料 86 詞彙 88 財務日誌及投資者資訊 企業宣言 永續發展 長遠增長 太古公司是基地設於香港的國際綜合企業，其多元化的業務在市場擁有領先地位。公司在 大中華區歷史悠久，「太古」的名字在這地區享譽超過一百五十年。 | --- | --- | |----------------------------------------------------|-----------------------------------------------------------------| | | | | 我們的目標是透過長遠 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 太古股份有限公司 (於香港註冊成立的有限公司) (股份代號：00019 及 00087) 二零二四年中期業績 太古股份有限公司二零二四年中期報告 目錄 企業宣言 1 表現摘要 2 主席報告 3 業務評述 8 財務評述 36 融資 38 簡明中期財務報表的審閲報告 43 簡明中期財務報表 44 簡明中期財務報表附註 49 附加資料 75 詞彙 78 財務日誌及投資者資訊 80 太古股份有限公司二零二四年中期報告 企業宣言 永續發展 長遠增長 太古公司是基地設於香港的國際綜合企業，其多元化的業務在市場擁有領先地位。公司在大中 華區歷史悠久，「太古」的名字在這地區享譽超過一百五十年。 我們的目標是透過長遠地創造理想的權益回報以實現股東價值持續增長，及維持一般股息持續 增長以將價值回饋股東。我們的策略是以大中華區及東南亞為業務重心，致力在該等地區發展 地產、飲料及航空核心部門。我們正在醫療保健等新領域開拓業務。 ...

】【 大古公司 報 告 股份代號： 'A' 股 00019 'B' 股 00087 畫 三 目 錄 | --- | --- | --- | --- | |-------|--------------------------|---------|-------------------------------------| | | | | | | 2 | 企業宣言 | | 財務報表 | | 4 | 二零二三年表現摘要 | | 獨立核數師報告 | | 5 | 主席報告 | 121 129 | 綜合損益表 | | | | 130 | 綜合其他全面收益表 | | | 管理層論述及分析 | 131 | 綜合財務狀況表 | | 12 | 二零二三年表現評述及展望 | 132 | 綜合現金流量表 | | 62 | 財務評述 | 133 | 綜合權益變動表 | | 72 | 融資 | 134 | 財務報表附註 | | | | 211 | 會計政策 | | | 企業管治及可持續發展 | 214 | 主要附屬公司、合資公司及聯屬公司 | | 82 | 企業管治報告 | 224 | 國泰航空有限公司 — 財務報表節錄 | | 98 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 太古股份有限公司 (於香港註冊成立的有限公司) (股份代號：00019 及 00087) 二零二三年全年業績 二零二三年全年業績 二零二三年表現摘要 附註 2023 2022(iv) 變幅 權益回報 11.0% 1.6% +9.4個百分點 'A' 股每股股息 (港元) 11.32 3.00 +277% ...

封面 B Swire Pacific Interim Report Cover Size: 210mm(W) x 285mm(H) Spine: 6mm Paper: 290gsm [Textured Card] ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 太古股份有限公司 (於香港註冊成立的有限公司) (股份代號：00019 及 00087) 二零二三年中期業績 太古股份有限公司二零二三年中期報告 目錄 ...

■ 太古公司 6/000000000 ungull ZHANG 2 股份代號 'A' 股 00019 'B' 股 00087 目 錄 | --- | --- | --- | --- | |-------|--------------------------|---------|-------------------------------------| | | | | | | 1 | 企業宣言 | | 財務報表 | | 3 | 二零二二年表現摘要 | | 獨立核數師報告 | | 4 | 主席報告 | 117 125 | 綜合損益表 | | | | 126 | 綜合其他全面收益表 | | | 管理層論述及分析 | 127 | 綜合財務狀況表 | | 10 | 二零二二年表現評述及展望 | 128 | 綜合現金流量表 | | 59 | 財務評述 | 129 | 綜合權益變動表 | | 69 | 融資 | 130 | 財務報表附註 | | | | 205 | 主要會計政策 | | | 企業管治及可持續發展 | 208 | 主要附屬公司、合資公司及聯屬公司 | | 79 | 企業管治報告 | 218 | 國泰航空有限 ...

Financial Performance - Company's attributable profit for 2022 was HKD 1,891 million, compared to a loss of HKD 792 million in 2021[6] - Basic profit increased by 38% to HKD 1,729 million in 2022 from HKD 1,256 million in 2021[6] - Revenue decreased by 5% to HKD 44,596 million in 2022 from HKD 46,738 million in 2021[6] - Operating profit rose by 42% to HKD 6,760 million in 2022 from HKD 4,751 million in 2021[6] - Earnings per share for 'A' shares increased by 38% to HKD 1.15 in 2022 from HKD 0.84 in 2021[6] - Dividend per share for 'A' shares increased by 15% to HKD 1.15 in 2022 from HKD 1.00 in 2021[6] - Total equity (including non-controlling interests) increased by 1% to HKD 321,941 million in 2022 from HKD 319,136 million in 2021[6] - Cash flow from operations decreased by 42% to HKD 6,147 million in 2022 from HKD 10,657 million in 2021[6] - Swire Properties' basic profit for the first half of 2022 was HK$1.729 billion, compared to HK$1.256 billion in the same period last year[7] - Swire Coca-Cola's attributable profit for the first half of 2022 was HK$1.152 billion, a 22% decrease compared to the same period last year[9] - Cathay Pacific's loss decreased by 34% to HK$5 billion in the first half of 2022[10] - The company's attributable profit for the first half of 2022 was HKD 1.891 billion, compared to a loss of HKD 792 million in the first half of 2021[15] - The company's basic attributable profit, excluding investment property revaluations, was HKD 1.729 billion in the first half of 2022, compared to HKD 1.256 billion in the first half of 2021[15] - The company's recurring basic profit was HKD 1.249 billion in the first half of 2022, compared to HKD 786 million in the first half of 2021[15] - The company's property sector recorded a recurring basic profit of HKD 2.971 billion in the first half of 2022, compared to HKD 3.029 billion in the first half of 2021[15] - The company's Coca-Cola business recorded a profit of HKD 1.152 billion in the first half of 2022, a 22% decrease compared to HKD 1.471 billion in the first half of 2021[15] - The company's Coca-Cola business revenue increased by 0.5% to HKD 26.592 billion in the first half of 2022, while sales volume decreased by 8% to 896 million cases[15] - The company's aviation business achieved positive cash flow in the second quarter of 2022, with passenger capacity improving to 11% of pre-pandemic levels[15] - The group generated HKD 6.1 billion from operating activities and HKD 1 billion from business disposals in the first half of 2022[16] - Total revenue for the six months ended June 30, 2022, was HKD 6,698 million, compared to HKD 9,068 million in the same period in 2021[20] - The company's attributable profit for the six months ended June 30, 2022, was HKD 4,318 million, up from HKD 1,992 million in the same period in 2021[20] - The company's basic attributable profit for the six months ended June 30, 2022, was HKD 4,120 million, compared to HKD 4,490 million in the same period in 2021[22] - The company's recurring basic attributable profit for the six months ended June 30, 2022, was HKD 3,623 million, slightly down from HKD 3,693 million in the same period in 2021[22] - The company's property investment segment recorded a recurring basic profit of HKD 2,971 million for the six months ended June 30, 2022, down from HKD 3,029 million in the same period in 2021[23] - The company's retail property portfolio in Hong Kong was adversely affected by the fifth wave of the COVID-19 pandemic, particularly in the first quarter of 2022, but saw a recovery in foot traffic and tenant sales in May and June due to the easing of social distancing measures and the government's consumption voucher scheme[23] - The company's shopping malls in mainland China were affected by new waves of COVID-19 outbreaks, with malls in Shanghai closing in April and May and retail sales in Beijing being adversely impacted by outbreaks in May and June[24] - Swire Coca-Cola's revenue for the first half of 2022 was HKD 26.331 billion, with EBITDA of HKD 2.773 billion and operating profit of HKD 1.603 billion[43] - In Mainland China, Swire Coca-Cola's revenue for the first half of 2022 was HKD 13.029 billion, with EBITDA of HKD 1.514 billion and attributable profit of HKD 586 million[44] - Revenue in the US increased to HKD 10,567 million in the first half of 2022, up from HKD 9,269 million in the same period in 2021[45] - Total revenue for the first half of 2022 was HKD 26,592 million, a slight increase of 0.5% compared to HKD 26,466 million in the first half of 2021[45] - EBITDA margin for the first half of 2022 decreased to 11.1% from 12.4% in the first half of 2021[46] - EBIT margin for the first half of 2022 dropped to 6.8% from 8.5% in the first half of 2021[46] - Total sales volume decreased by 10% to 896 million cases in the first half of 2022[48] - Revenue from carbonated drinks decreased by 4%, while revenue from water and juice drinks fell by 27% and 3% respectively in the first half of 2022[48] - Revenue from energy drinks decreased by 3%, while revenue from premium categories such as coffee and tea drinks increased by 24% and 19% respectively in the first half of 2022[48] - Revenue in Hong Kong decreased by 8%, with sales volume dropping by 10% in the first half of 2022[48] - EBITDA increased by 12%, while EBIT decreased by 10%[49] - Total sales volume increased by 1%[49] - EBITDA margin rose from 12.0% in H1 2021 to 14.6% in H1 2022, while EBIT margin decreased from 7.6% to 7.4%[49] - Taiwan business profit decreased by 12% to HKD 53 million in H1 2022[49] - US business profit increased by 34% to HKD 554 million in H1 2022[49] - Revenue in local currency increased by 13% in the US, driven by price increases and slight volume growth[49] - Aviation sector recorded a loss of HKD 2.236 billion in H1 2022, compared to a loss of HKD 3.254 billion in H1 2021[51] - Cathay Pacific Group's loss attributable to shareholders was HKD 4.999 billion in H1 2022, compared to HKD 7.565 billion in H1 2021[52] - Revenue from carbonated drinks increased by 19%, while non-carbonated drinks increased by 5%[49] - Passenger revenue increased by 177.6% to HKD 2,068 million in the first half of 2022 compared to the same period in 2021[53][54] - Cargo revenue rose by 9.3% to HKD 12,148 million in the first half of 2022, with cargo yield increasing by 69.7% to HKD 5.72[53][57] - Available seat kilometers decreased by 26.6% to 3,059 million, while revenue passenger kilometers increased by 129.7% to 1,810 million in the first half of 2022[53] - Passenger load factor improved by 40.3 percentage points to 59.2% in the first half of 2022 compared to the same period in 2021[53][54] - Fuel costs increased by 55% to HKD 1,458 million in the first half of 2022, while non-fuel costs decreased by 5% to HKD 16,056 million[55] - Cargo load factor decreased by 5.6 percentage points to 75.8% in the first half of 2022, with cargo volume decreasing by 4.2% to 526 thousand tons[53][57] - The total fleet size of Cathay Pacific, HK Express, and Air Hong Kong was 228 aircraft as of June 30, 2022[56] - HK Express recorded a loss in the first half of 2022 due to strict travel restrictions and quarantine requirements affecting its operations[56] - Air Hong Kong reported a profit in the first half of 2022, despite challenges from quarantine requirements for Hong Kong-based crew[57] - The cost per available tonne kilometer (including fuel) increased by 32.4% to HKD 5.88 in the first half of 2022[53] - Cathay Pacific aims to increase passenger capacity to up to 25% of pre-pandemic levels and cargo capacity to up to 65% of pre-pandemic levels by the end of the year[60] - Cathay Pacific's total fleet as of June 30, 2022, consists of 228 aircraft, with an average age of 10.9 years[58] - Cathay Pacific has 21 Boeing 777-9 aircraft on order, with deliveries expected from 2024 onwards[58] - Cathay Pacific holds an 18.13% stake in Air China and a 24% stake in Air China Cargo as of June 30, 2022[59] - Air China's financial performance for the six months ended March 31, 2022, was negatively impacted by the COVID-19 pandemic[59] - Cathay Pacific expects improved performance in the second half of 2022 compared to the first half, but challenges remain for affiliated companies[60] - Revenue for the first half of 2022 reached HKD 6,557 million, a 21.4% increase compared to HKD 5,402 million in the same period of 2021[62] - Engine segment revenue grew significantly to HKD 2,569 million in H1 2022, up 52.2% from HKD 1,688 million in H1 2021[62] - Share of profits attributable to the company was HKD 166 million in H1 2022, compared to HKD 310 million in H1 2021, excluding non-recurring items[62] - Total base maintenance sold hours increased by 3% to 4.37 million hours in H1 2022 compared to 4.25 million hours in H1 2021[63] - Xiamen Taikoo's base maintenance sold hours grew 18% to 1.79 million hours in H1 2022[63] - HAECO Americas' base maintenance sold hours decreased by 11% to 1.29 million hours in H1 2022[63] - Engine overhaul volume at HAESL increased by 19% to 129 engines in H1 2022[63] - Cabin business recorded a loss of HKD 49 million in H1 2022, a 2% increase in loss compared to HKD 48 million in H1 2021[64] - HAECO Hong Kong's line maintenance handled 23,600 flights in H1 2022, a 7% increase from 22,100 flights in H1 2021[63] - Xiamen Taikoo benefited from unrealized foreign exchange gains in H1 2022, offsetting the impact of reduced government support in HAECO Americas[64] - The components business recorded a profit of HKD 230 million in the first half of 2022, a 32% decrease compared to the same period in 2021, while revenue increased by 23%[65] - The engine business saw a profit of HKD 250 million in the first half of 2022, an 81% increase year-over-year, with revenue rising by 52% due to increased demand for engine overhaul services[65] - Hong Kong Aircraft Engineering Company (HAECO) Xiamen completed 25 performance restoration projects and 6 quick-turn projects for GE90 engines in the first half of 2022, compared to 13 and 5 respectively in the same period in 2021[65] - The trading and industrial segment reported a loss of HKD 311 million in the first half of 2022, including non-recurring losses of HKD 367 million from goodwill impairment and HKD 57 million from long-term asset impairment at Qinyuan Food Company[69][70] - Swire Resources recorded a profit of HKD 13 million in the first half of 2022, compared to a loss of HKD 14 million in the same period in 2021, benefiting from the Hong Kong government's consumption voucher scheme and employment support program[71] - Global engine support services saw reduced profits in the first half of 2022 due to pandemic-related travel restrictions and decreased engine storage revenue[65] - The company expects stable demand for base maintenance services in the second half of 2022, with a gradual recovery in Hong Kong's line maintenance workload depending on the lifting of travel restrictions[65] - HAECO Xiamen is undergoing pre-construction work for the relocation to Xiamen's new airport, which is critical for its operations from 2026 onwards[65] - Net profit of Taikoo Environmental Services decreased to HKD 23 million in the first half of 2022 from HKD 41 million in the same period last year, primarily due to the absence of non-recurring gains from acquiring the remaining 50% equity of a joint venture[72] - Taikoo Motors' net profit increased to HKD 970 million in the first half of 2022 from HKD 820 million in the same period last year, with car sales rising by 3% to 8,330 units, despite a 3% decline in revenue due to unfavorable sales mix[72] - Taikoo Food Group recorded a net loss of HKD 437 million in the first half of 2022, compared to a net loss of HKD 31 million in the same period last year, with Qinyuan Food Company contributing a net loss of HKD 444 million, including non-recurring losses of HKD 367 million for goodwill impairment[72] - Taikoo Sugar Company's net profit decreased to HKD 7 million in the first half of 2022 from HKD 9 million in the same period last year, with a 6% decline in sugar product sales in Hong Kong but an increase in mainland China[72] - The company sold 6.7% of its equity in Cadeler A/S in February 2022, reducing its stake to 18.13%, and completed the sale of its 100% interest in Taikoo Offshore Group (excluding Cadeler) to Tidewater Inc. in April 2022[73] - Basic profit attributable to shareholders was HKD 1,729 million in the first half of 2022, compared to HKD 1,256 million in the same period last year, with adjustments for investment property valuation changes and deferred taxes[74] - The company expects Taikoo Motors to receive more car supplies in the second half of 2022, but performance is anticipated to be weaker due to unfavorable sales mix and exchange rate fluctuations[72] - Taikoo Environmental Services' performance is expected to be worse in the second half of 2022 compared to the first half[72] - Qinyuan Food Company plans to continue integrating its retail network and product categories, enhancing supply chain flexibility and efficiency to improve long-term performance[72] - Taikoo Sugar Company's food service business is expected to perform better in the second half of 2022 due to price increases, despite ongoing challenges from COVID-19 restrictions[72] - The company's basic profit attributable to shareholders for the six months ended June 30, 2022, was HKD 1,729 million, compared to HKD 1,256 million in the same period in 2021[75] - The recurring basic profit for the six months ended June 30, 2022, was HKD 1,249 million, up from HKD 786 million in the same period in 2021[75] - The property division contributed HKD 2,971 million to the recurring basic profit for the six months ended June 30, 2022, slightly down from HKD 3,029 million in the same period in 2021[76] - The beverage division's recurring basic profit for the six months ended June 30, 2022, was HKD 1,152 million, compared to HKD 1,471 million in the same period in 2021[76] - The Cathay Pacific Group reported a loss of HKD 2,385 million for the six months ended June 30, 2022, an improvement from a loss of HKD 3,146 million in the same period in 2021[76] - Cash generated from operations for the six months ended June 30, 2022, was HKD 6,147 million, down from HKD 10,657 million in the same period in 2021[77] - The company's total borrowings and lease liabilities as of June 30, 2022, were HKD 57,508 million and HKD 5,059 million, respectively[78] - As of June 30, 2022, the company had HKD 83,108 million in committed financing, of which HKD 25,464 million (31%) remained undrawn[79] - The company held HKD 13,597 million in bank balances and short-term deposits as of June 30, 2022, compared to HKD 22,894 million as of December 31, 2021[79] - Total

■ 太古公司 報 告 書 2 0 2 1 股份代號 'A' 殷 00019 'B' 殷 00087 F8MORRYW 信 望 香 港 信 望 未 來 目 錄 附註：本報告所用詞彙及比率的釋義載於「詞彙」。 | --- | --- | --- | --- | |-------|--------------------------|-------|--------------------------------| | | | | | | 1 | 企業宣言 | | 財務報表 | | 3 | 二零二一年表現摘要 | 113 | 獨立核數師報告 | | 4 | 主席報告 | 123 | 綜合損益表 | | 8 | 財務董事報告 | 124 | 綜合其他全面收益表 | | | | 125 | 綜合財務狀況表 | | | 管理層論述及分析 | 126 | 綜合現金流量表 | | 12 | 二零二一年表現評述及展望 | 127 | 綜合權益變動表 | | 61 | 財務評述 | 128 | 財務報表附註 | | 70 | 融資 | 196 | 主要會計政策 | | | | 199 | 主要附屬公司、合資公司及 | | | 企 ...