HONG KONG INTERNATIONAL AIRPORT

PROJECTED BALANCE SHEET 1986/87 TO 1987/88

Attachment II

1985/86

Projections

Actual

1986/87

1987/88

$M

$M

$M

NET FIXED ASSETS

2,505.7

2,657.7

2,897.4

CURRENT ASSETS

Debtors & Prepayments

63.7

62.7

66.5

Treasury Current Account

1,406.2

1,718.3

1,909.1

1,469.9

1,781.0

1,975.6

3,975.6

4,438.7

4,873.0

Less

CURRENT LIABILITIES

9.3

10.5

14.1

DEFERRED LIABILITIES

18.9

28.8

42.8

28.2

39.3

56.9

NET ASSETS

3,947.4

4,399.4

4,816.1

FINANCED BY

Land Revaluation Reserve

1,182.0

1,182.0

1,182.0

Accumulated Surplus

2,765.4

3,217.4

3,634.1

3,947.4

4,399.4

4,816.1

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