11. Long term liabilities
Group
1985
Group 1984
HK$Millions
HK$Millions
Bank loans repayable within 2 years
865.0
Bank loans repayable within 5 years
54.0
T
Negotiable bills of exchange repayable within 2 years
500.0
Other loans repayable within 5 years
5.5
16.8
Other loans not wholly repayable within 5 years
43.7
Deferred liabilities land improvement cost
59.8
170.6
Deposit on sale of fixed assets
39.0
1,567.0
187.4
The portion of the above loans repayable within one year has been reflected in current liabilities (note 7). Long term bank loans and other loans of the Group are secured to the extent of HK$205.5 million (1984 HK$8.1 million).
Other loans not wholly repayable within five years are repayable by semi-annual instalments until 1994 at interest rates of 8% and 82% per annum.
12. Turnover
The turnover of the Group comprises the gross value of goods and services invoiced to customers, income from investments, the proceeds of the sale of development properties and dealing investments, rents received, interest received and finance charges earned. It does not include the turnover of associated companies.
13. Directors' remuneration
Group
Group
1985
HK$Millions
1984 HK$Millions
The emoluments of the directors of the Company are as follows:
Fees
Resignation payments
Other emoluments
0.7
0.7
20.1
13.3
13.9
14. Trading profit
Trading profit is shown after charging and crediting the following items?
Charges:
Group
Group
1985
HK$Millions
1984 HK$Millions
Interest on bank loans and overdrafts
Interest on other loans repayable within 5 years Interest on loan stock
Depreciation and amortisation of fixed assets
n
Plant and machinery hire
Auditors' remuneration
Credits:
Income from quoted investments
Income from unquoted investments
37.2
3.6
42.7
3.9
15.0
23.9
134.5
111.2
4.1
2.1
4.3
3.7
0.7
2.1
4.6
3.1
Rental income less related outgoings
215.7
195.3
40
HUTCHISON WHAMPOA LIMITED