10 CURRENT ASSETS
NOTES ON THE ACCOUNTS
1987
HK$'000
1986 HK$'000
Spare parts and stores (Note Ib)
172,010
147,068
Accounts receivable
17,549
16,873
Deposits and prepayments
14,179
1,700
Deposits with finance companies
249,766
253,867
Cash at banks and in hand
34.464
36,833
487,968
466,341
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CURRENT LIABILITIES
1987
1986
HK$'000
HK$'000
Accounts payable
229,315
190,257
Taxation (Note 5b)
11,165
1,165
Bank loans and overdrafts (Note 18a)
65,762
59,802
Other borrowings (Note 18b)
135,453
89.263
Insurance claims payable
75,453
64.168
Dividend payable
113,019
90,415
Special cash bonus payable
25,833
630,167
520,903
12 SHARE CAPITAL
Authorised:
At 1st January
Increase during the year
1987
1986
Number of ordinary shares of HK$1 each
Number of
Nominal value HK$'000
ordinary shares of
HK$1 each
Nominal value
HK$'000
260,000,000
70,000,000
260,000 70,000
210,000,000
210,000
50,000,000
50,000
330,000,000 330,000
260,000,000
260,000
At 31st December
Issued and fully paid:
At 1st January
258,329,225
258,329
206,663,380
206,663
Allotment during the year
64,582,306
64,582
51,665,845
51.666
At 31st December
322,911,531
322,911
258,329,225 258,329
The issued and fully paid share capital of the Company was increased during the year by a bonus issue of 64,582,306 shares of HK$1 each in the proportion of one for four on 4th June, 1987.
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