19.

F

MASS TRANSIT RAILWAY CORPORATION Balance Sheet as at 31 December 1977 HK$'000

}

1976

351,901

1,006,306

FIXED ASSETS - At Cost

- 120, 721 21,994 113,270

CONSTRUCTION COSTS

CURRENT ASSETS

Debtors and Payments In Advance

Vested Materials

Contract Downpayments

Deposits and Loans

Bank Balances and Cash In Hand

1,264

484,839

742,088

LESS: CURRENT LIABILITIES

178,880

Creditors and Accrued Charges

55,908.

Contract Retentions

Bank Overdrafts and Other Short Term Loans

234,788

1,865,507

2,000,000

800,000

400,000

120,000

210,507

335,000

1,865,507

REPRESENTED BY:

SHARE CAPITAL

Authorised

20,000 shares of $100,000 each

Issued and Fully Paid

11,350 shares of $100,000 each

9-3/8 PER CENT BONDS DUE 1986

DEPOSITS AND ADVANCES RECEIVED IN RESPECT OF ESTATES DEVELOPMENT

LONG TERM LOANS

AMOUNT DUE TO HONG KONG GOVERNMENT

) Members of the Board

N.S. Thompson)

D.W.A. Blye

}

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