KuB
九巴服務 日日進步
NOTES ON THE ACCOUNTS
60
b.
All the Company's leasehold land is held in Hong Kong and on long leases.
C.
Valuation
Included in the cost or valuation figure shown in the fixed assets summary is the
following assets shown at valuation:-
Net
Date of valuation
Valuation
HK$'000
book value
HK$'000
Leasehold land
15 July 1959
3,284
9. CURRENT ASSETS
1993
1992
HK$'000
HK$'000
Spare parts and stores (Note 1b)
191,015
194,777
Accounts receivable
45,850
11,078
Deposits and prepayments
11,034
22,913
Cash at bank and in hand
432,228
266,003
10. CURRENT LIABILITIES
680,127
494,771
1993
1992
HK$'000
HK$'000
Accounts payable
509,017
267,545
Taxation (Note 5b)
17,183
25,716
Bank loans and overdrafts (Note 16a)
178,885
162,045
Insurance claims payable
90,044
93,536
Dividend payable (Note 6)
201,820
189,710
996,949
738,552