主席報告 Chairman's Statement
船廠業務
Shipyard Operation
HKF
本年度内,船廠之除稅後溢利為三千三百八十萬港元, 比上年度增加百分之二。
其他業務
由於消費市場疲弱,貿易部之經營溢利下跌百分之四十 至八百五十萬港元,旅遊部則有微利一百六十萬港元 年內,本集團現金存款利息收入為八千七百七十萬港 元,而於股票投資方面則獲利七百五十萬港元。
特殊項目
一九九零年四月政府刊登於憲報之西九龍填海計劃, 響本集團於大角咀九龍海地段112號及其伸延部份 (「九龍海傍地段112號及其伸延部份」)之船廠業務。本 集團已與政府達成協議,將香港船廠有限公司之業務分 別於一九九四年中遷往北青衣青衣市地段102號,及 於一九九五年中遷往位於西九龍填海區之緊急維修站。 船廠遷往北青衣後,本公司自置物業舊船廠用地(九龍 海房地段112號及其伸延部份),原則上已可騰出作工 業/貨倉用途。
由於這次搬遷,於舊船廠地之固定資產,包括一些建築 物及船廠設施均需於會計帳內撇除,而新固定資產則由 政府提供,因此而產生增值之特殊項目,共二億六千六 百五十萬港元,相等於政府於新廠址內提供固定資產之 成本,減去撇除舊船廠之固定資產及其他有關之費用。
大角咀舊船廠地(九龍海傍地段112號及其伸延部份)
繼上文所述,船廠搬遷至北青衣後,本公司自置物業地 皮面積為十四萬二千一百平方呎之舊船廠用地(九龍海 地段112號及其伸延部份)原則上已可騰出作工業/貨 倉用途。
建議中之中環碼頭上蓋發展計劃
即如本公司於中期報告書內所載,於一九九五年七月四 日,港督會同行政局已批准有關中環填海區四個新渡輪 碼頭上蓋發展建議之一般條款。就本集團所知,中英土 地委員會已批准出售有關中環碼頭發展所需之地盤。
發展計劃須待有關文件及條款細則落實後,方可作實, 並將包括下列主要條款:
1. 私人協議方式批地
根據該建議,香港政府將授權油蔴地,進行中環碼 頭發展,此批地規定總樓面面積之20%將由本集團 保留作出租用途,除非獲港府批准,否則不得在二 零一零年三月三十一日前出售。香港政府仍未與本 集團就地價達成任何協議。
The shipyard recorded a net profit after tax of HK$33.8 million in 1995, which represented an increase of 2% over the previous year.
Other Businesses
Due to the sluggishness in the consumer market, the Trading Division reported a decrease of operating profit by 40% to HK$8.5 - _ million and the Travel Division reported a small profit of HK$1.6 million. During the year under review, the Group derived revenues of HK$87.7 million from interest income on cash deposits and HK$7.5 million on securities investment respectively.
Exceptional Item
The West Kowloon Reclamation gazetted by the government in April 1990 affected the operations of the Group in Tai Kok Tsui and Kowloon Marine Lot No. 112 & Extension (“KML No. 112 & Ext").
It was agreed with the government that the operations of The Hong Kong Shipyard Limited, a wholly-owned subsidiary of the Group, would be relocated respectively to Tsing Yi Town Lot No. 102 in mid 1994 and an emergency repair depot at West Kowloon Reclamation Area in mid 1995. Following the relocation of the shipyard to North Tsing Yi, the Company's property at the old shipyard site (KML No. 112 and Ext.) can, in principle, be available for redevelopment into industrial/godown uses.
As a result of the relocation, fixed assets at the old shipyard site including a civil structure and related shipyard facilities were written off and new fixed assets were provided by the government. An exceptional item of net surplus resulted, amounting to HK$266.5 million, which represented the costs of fixed assets at the new sites as provided by the government, after writing off the fixed assets at the old site plus other associated expenses.
OLD SHIPYARD SITE AT TAI KOK TSUI (K.M.L. NO. 112 & EXT.)
As mentioned above, the Company's property at the old shipyard site at Tai Kok Tsui (KML No.112 and Ext.) of site area 142.100 sq. ft. can, in principle, be available now for redevelopment into industrial/ godown uses.
THE PROPOSED DEVELOPMENT OF THE CENTRAL FERRY PIERS
As reported in our interim report, the Governor in Council has approved on 4 July 1995 the general terms of our proposal of the development above the four ferry piers on the Central reclamation. We also understand that, with regard to the disposal of the site required for the development, approval has been granted by the Land Commission.
Subject to the finalisation of the relevant documentation and the detailed terms, the following principal terms will be contained in the proposal:-
1. The private treaty grant
F15
Under the proposal, the government will grant to HYF the rights to carry out the development. The grant will provide that 20% of the gross floor area shall be retained for rental purposes to the Group and may not be sold earlier than 31 March 2010 unless
with the approval of the government. The full market premium to be paid is still to be agreed between the government and the Group.