NOTES ON THE ACCOUNTS (CONTINUED)

16. SHARE CAPITAL

Number of shares

Nominal value

1991

1990

1991

1990

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

17. RESERVES

Investment

Other

Share

premium

property

revaluation

capital

Retained

reserves

profits

Total

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

GROUP

At 1 January 1991

227,391

487.886

18.307

341,172

1,074,756

Revaluation surplus

21.664

21,664

Unrealised inter-

company profits

987

987

Profit for the

year retained

71,502

71,502

At 31 December 1991

227,391

509.550

19,294

412,674

1,168,909

COMPANY

At 1 January 1991

Revaluation surplus

227,391

488,879

20.664

317.594

1,033,864

20.664

Profit for the

year retained

48,014

48,014

At 31 December 1991

227,391

509,543

365,608

1,102,542

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