19

Notes on the Accounts cont'd

19. Reserves

Company

Group

Capital reserve:--

Share Premium account

At 1st January and 31st December 1983

155,821

155,821

Others

At 1st January 1983

9,840

Unrealised inter-company profit on sale

of fixed assets by a subsidiary to

the parent company

Transfer to profit and loss account -

Realised inter-company profit on sale

of fixed assets by a subsidiary to the parent company

At 31st December 1983

1,914

11,754

162

11,592

155,821

167,413

Revenue reserve:-

General reserve

At 1st January 1983

101,727

101,727

Transfer from profit and loss account

10,500

10,500

At 31st December 1983

112,227

112,227

Profit and loss account

714

2,471

112,941

114,698

268,762

282,111

Total reserves at 31st December 1983

20. Capital Commitments

(a) Capital commitments outstanding at 31st December 1983 not provided for in the

accounts were as follows:-

Contracted for

Authorised but not

contracted for

Company

Group

1983

1982

1983

1982

52,300

69,740

52,730

73,740

126,090

155,680

126,090

155,680

(b) There is no foreign exchange contract undertaken by the Company which had not yet

matured as at 31st December 1983 (1982 approximately HK$54.5 million)

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