KOWLOON-CANTON RAILWAY

Balance Sheet as at 31st March 1978

APPENDIX III

Notes

1978 $'000

1977 $'000

NET ASSETS EMPLOYED

Net fixed assets Current assets

12

13

243,994 6,175

238,148 10,957

250,169

249,105

Current liabilities

14

1,177

1,527

248,992

247,578

FINANCED BY

Replacement Reserve Revaluation Reserve

14,134

13,710

170,385

170,385

Accumulated Surplus

64,473

63,483

248,992

247,578

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