64
Notes on the Scheme of Control Statement
3.
Items not ranking for Scheme of Control
Items not ranking for Scheme of Control represent all other net income which is not generated from franchised bus operation. They mainly include interest income (excluding interest earned from bus insurance deposit) and income from disposal of
fixed assets.
4. Development Fund
Note
1994
HK$'m
1993
HK$'m
Balance at 1 January
29.8
Interest at 8% per annum on the average
balance of the Development Fund
1c(i)
1.2
Transfer to profit and loss account
Balance at 31 December
(31.0)
The Kowloon Motor Bus Company (1933) Limited