In addition to bank overdraft facilities
7. Bank Overdrafts and other Short Term
Loans
七、銀行透支及其他短期貸欵
December 1977, the Corporation also has
本公司除取得之銀行透支額二億八千萬 元外(截至一九七七年十二月卅一日止其中 一億五千六百萬元予利用),亦取得其他 可轉期之短期貸欸一億五千萬元。
amounting to $280 million, of which
$156 million had been utilised at 31
available to it, other short term rollover credits of $150 million.
Medium term facilities available to the Corporation maturing before 31 December 1982 amount to $2,060 million, of which $1,178 million is represented by syndicat- ed foreign currency loans from international banking institutions which are converted at approximately the rates of exchange ruling at 31 December 1977. Also included are exist- ing local contractor finance facilities totalling $567 million granted in respect of certain individual MIS contracts let to local contractors which, during the year, were consolidated into a single general facility.
8. Share Capital
The Corporation has an authorised share capital of $2,000 million, in shares of
$100,000 each. Of this total, the Govern-
ment has subscribed $800 million to
discharge the pre-incorporation expenditure,
land and compensation costs and to provide funds for the Corporation's overhead and other preliminary expenses until the Railway is operational.
Shares to the value of $335 million have also been issued to the Government, in settle- ment of the land premiums for Kowloon Bay
(note 3). The total issued share capital at
31 December 1977 is therefore $1,135 million.
9. Estates Development
The total costs incurred in connection with the three developments at Kowloon Bay, Admiralty and GPO totalling $246 million (1976 $180 million) have been financed firstly from equity issues ($165 million) for Crown Land Premia. The balance has been
financed wholly from deposits received in
respect of the Corporation's anticipated
share of the proceeds of sale of the
developments ($215 million) and in
respect of areas already reserved by
prospective tenants within the
commercial development at Kowloon Bay
($898,000), which area is to be retained by the Corporation as an investment.
本公司獲得一九八二年十二月卅一日前 到期之中期貸欵二十億零六千萬元,其中十
·億七千八百萬元為國際銀行集團之外幣貸
欸,並已按一九七七年十二月卅一日之兌換 率折成港幣。此筆賬項亦包括現有之本地承 建商所分別提供之貸款,即就批予本港承建 商之若干「修正早期系統」工程合約所獲得總 額達五億六千七百萬元之貸欵。此等貸欵已 於是年內併成單項之一般貸欸。
̇八、股本
本公司之法定股本為二十億元,分為每 股面值十萬港元之股份。於此總數中,政府 認購八億元,以抵銷本公司註冊成立前之開 支、購買土地費用與賠償費用,以及在地下 鐵路通車前,為本公司提供資金,以應付經 常開支及其他初步開銷。
本公司亦已發行總值爲三億三千五百萬 元之股份給予香港政府,以償還九龍灣土地 費用(附註三)。因此,截至一九七七年十 二月卅一日止已發行股本總值爲十一億三千 五百萬元。
九、物業發展開支
九龍灣、金鐘及郵政總局舊址三處之物 業發展總費用,計達二億四千六百萬元(一 九七六年為一億八千萬元);爲支付官地費 用,本公司首先發行股份一億六千五百萬元 ,其餘額則由本公司未來出售住宅及商業單 位所佔收益之訂金(二億一千五百萬元)以 及九龍灣商場未來租戶之訂金(八十九萬八 千元),以作支付。九龍灣商用面積將不予 出售,由本公司留作投資物業。
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