Notes on the Accounts cont'd

18. Share Capital

1984

1983

Authorised:

150,000,000 ordinary shares of $1 each

150,000

150,000

Issued and fully paid:

138,628,290 ordinary shares of $1 each

138,628

138,628

19. Reserves

Capital reserve:-

Company

Group

Share premium account

At 1st January and 31st December 1984

155,821

155,821

19

Others

As previously reported at 1st January 1984 Prior year adjustments (note 7)

As restated at 1st January 1984

Unrealised inter-company profit on sale of fixed

assets by a subsidiary to the parent company

1

11,592

84

11,676

503

12,179

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 1984

(184)

11,995

155,821

167,816

Revenue reserve:

Retained profits at 31st December 1984

131,256

129,289

Total reserves at 31st December 1984

287,077

297,105

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