Commentary on Financial Results
Hong Kong Ferry (Holdings) Co. Ltd.
15
LIQUIDITY AND FINANCIAL RESOURCES
Current assets of the Group were recorded at HK$231 million as compared to the Group's current
liabilities of HK$460 million as of 31 December 1999. Current ratio of the Group depleted from 3.2
as of 31 December 1998 to 0.5 as of 31 December 1999. The current portion of the bank loan of
HK$200 million included in current liabilities will be met by the second instalment from the Disposal
of HK$397.5 million to be received in the year 2000.
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