16. Deferred Liabilities
Company
Group
1983
1982
1983
1982
Bank loans
Secured
69,381
32,576
69,381
32,576
Unsecured
5,427
10,916
5,427
10,916
Other loans due within
five years
73,419
88,874
73,419
88,874
Exchange equalisation
account (note 17)
3,086
3,086
148,227
135,452
148,227
135,452
Less: Amount repayable
within one year
included in
current liabilities
45,831
51,727
45,831
51,727
102,396
83,725
102,396
83,725
The Company has executed an "all monies" mortgage in favour of a bank charging K.M. L. No. 112 (and the extension thereto) and buildings erected thereon to secure general banking facilities granted to the Company.
Other loans are repayable in semi-annual instalments due within five years and bear interest at rates of 7.25% to 10% per annum.
17. Exchange Equalisation Account
Balance at 1st January 1983 Transferred to ferry vessel account
(note 1(g))
Transferred to profit and loss account
Balance at 31st December 1983
Company
3,086
Group
3,086
(2,840)
(2,840)
(246)
(246)
18. Share Capital
1983
1982
Authorised:
150,000,000 ordinary shares of $1 each
150,000
150,000
Issued:
138,628,290 ordinary shares of $1 each
fully paid
138,628
138,628
18