NOTES ON THE ACCOUNTS (Continued)
18. SHARE CAPITAL
Number of shares
Nominal value
1989
1988
1989
1988
HK$'000
HK$'000
Authorised:
Ordinary shares of $1 each
300,000,000
300,000,000
300,000
300,000
Issued and fully paid:
Ordinary shares of $1 each
182,989,343
182,989,343
182,989
182,989
19. RESERVES
GROUP
Investment Other
Share property capital Retained premium revaluation reserves profits
HK$'000 HK$'000 HK$'000
Total
HK$'000 HK$'000
At 1 January 1989
227,391
Revaluation surplus
325,779 15,500 274,818 135,260
843,488
135,260
Unrealised inter-company profits
1,673
1,673
Profit for the year retained
19,539
19,539
At 31 December 1989
227,391
461,039
17,173
294,357
999,960
COMPANY
At 1 January 1989
227,391
330,850
Revaluation surplus
130,260
290,670 848,911 130,260
Profit for the year retained
(15,533) (15,533)
At 31 December 1989
227,391
461,110
275,137 963,638
20. LONG TERM LIABILITIES
24
Group
1989
1988
1989
HK$'000
HK$'000
HK$'000
Bank loans, secured
6,074
55,599
Other loans
102
6,074
55,701
1
Amount included in current
liabilities (note 16)
(6,074)
(49,627)
6,074
Company
1988
HK$'000
37,377
102
37,479
(37,479)