NOTES ON THE ACCOUNTS
7. EARNINGS PER SHARE
Earnings per share is based on earnings of HK$298,315,000 (1990 shares in issue during the year.
HK$266,683,000) and 403,639,413
8.
FIXED ASSETS
42
Leasehold
Buses and
other motor
land Buildings
HK$'000
HK$'000
vehicles
HK$'000
Others
HK$'000
Total
HK$'000
a.
Cost or valuation :
At 1st January, 1991
141,607
562,530
1,970,250 199,395
2,873,782
Additions
21,402
264,041
9,103 294,546
Disposals
(642)
(2,714)
(18,782) (1,738) (23,876)
At 31st December, 1991
140,965
581,218
2,215,509
206,760 3,144,452
Aggregate depreciation :
At 1st January, 1991
26,855
Charge for the year
153,064
14,866
989,573
128,251 1,297,743
115,490
19,821 150,177
Written back on
disposals
(165)
(2,308)
(18,773) (1,481) (22,727)
At 31st December, 1991
26,690
165,622
1,086,290
146,591 1,425,193
Net book value :
At 31st December, 1991
114,275
415,596 1,129,219
60,169 1,719,259
Add: Buses under construction
-
at cost
Deposits paid in respect of
buses on order
Net book value :
At 31st December, 1990
Add: Buses under construction
at cost
Deposits paid in respect of
buses on order
178,094
5,563
1,902,916
114,752 409,466
980,677
71,144
1,576,039
125,605
1,701,644