KMB
九巴服務 日日進步
NOTES ON THE ACCOUNTS
14. DEVELOPMENT FUND
1993
1992
HK$'000
HK$'000
Balance at 1 January
29,763
30,604
Transfer (to)/from profit and loss account
Amount in deficit of permitted return
Interest on development fund
(30,968)
(3,163)
1,205
2,322
(29,763)
(841)
Balance at 31 December
15. STAFF RETIREMENT FUND
29,763
1993
1992
HK$'000
HK$'000
Balance at 1 January
157,300
67,100
Transfer from profit and loss account
213,661
167,894
Payments during year
Balance at 31 December
370,961
234,994
(87,661)
(77,694)
283,300
157,300
The above fund represents the provision for the improvement of retirement benefits to
employees.
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