NOTES ON THE ACCOUNTS
17. BANK LOANS, OVERDRAFTS AND OTHER BORROWINGS (Cont'd)
1992
HK$'000
1991
HK$'000
a.
Bank loans and overdrafts are repayable as follows:
Within 1 year and included in current liabilities After 1 year and included in long term liabilities
141,849
91,835
- between 1 and 2 years -between 2 and 5 years
- over 5 years
104,847
86,467
219,134
148,266
45,714
81,429
369,695
316,162
511,544
407,997
b.
Other borrowings are repayable as follows:
Within 1 year and included in current liabilities
20,196
64,269
After 1 year and included in long term liabilities
between 1 and 2 years
19,856
20,196
between 2 and 5 years
29,336
49,192
49,192
69.388
69,388
133,657
18. UNDERTAKINGS FOR CHARGE OF PROPERTIES
The title deeds of certain of the Company's properties, with a net book value of HK$144,442,000 at 31st December, 1992, have been deposited with certain banks together with agreements of undertaking to execute a legal mortgage in an event of default of the Company's obligations under the respective loan agreements.
At 31st December, 1992, the Company's liabilities covered by the above agreements of undertaking were HK$224,286,000 (1991- HK$260,000,000).
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