Balance Sheet

As at 31 December 1999

Non-current assets

Fixed assets

Hong Kong Ferry (Holdings) Co. Ltd

Note

1999

1998

HK$'000

HK$'000 HK$'000

HK$'000

Property, plant and

equipment

11

434,872

464,344

Properties pending transfer

to subsidiaries

13

2,420,000

Interest in subsidiaries

14

4,460,573

816,476

Other non-current financial

assets

15

7,297

4,902,742

Current assets

Debtors and prepayments

17

21.114

46,030

Tax recoverable

7(c)

34,120

21,886

Cash and cash equivalents

18

1,772

1,230,914

57,006

1,298,830

7.396

3,708,216

Current liabilities

Creditors and accrued

charges

22,343

53,980

Short term bank loans

19

200,000

Proposed final dividend

a

71,254

71,254

93,597

325,234

(36,591)

973,596

Net current (liabilities)/assets

Total assets less current

liabilities

Non-current liabilities

Deferred taxation

NET ASSETS

20

4,866,151

4,681,812

26,000

4,840,151

21,000

4,660,812

27

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