42
NOTES ON THE ACCOUNTS
10 CURRENT ASSETS
1989
1988
HK$'000
HK$'000
Spare parts and stores (Note lb)
146,589
149,536
Accounts receivable
28,406
21,044
Deposits and prepayments
Cash at banks and in hand
16,042
24,623
Deposits with finance companies
169,850
208,101
37,151
25,009
398,038
428,313
CURRENT LIABILITIES
1989
1988
HK$'000
HK$'000
Accounts payable
257.364
225.821
Taxation (Note 5b)
5.643
37,953
Bank loans and overdrafts (Note 18a)
118,139
73,409
Other borrowings (Note 18b)
94,112
118,080
Insurance claims payable
77,432
72,699
Dividend payable (Note 7)
141,274
129,165
693,964
657,127
12 SHARE CAPITAL
1989
1988
Number of
Number of
ordinary shares of HK$1 each
Nominal value HK$'000
ordinary shares of
HK$1 each
Nominal value HK$'000
Authorised:
At 1st January Increase during the year
410,000,000 410,000
330,000,000
330,000
80,000,000
80,000
At 31st December
410,000,000 410,000
410,000,000 410,000
Issued and fully paid:
At 1st January
403,639,413 403,639
Allotment during the year
322,911,531 322,911
80,727,882
80,728
At 31st December
403,639,413 403,639
403,639,413
403,639