21. COMMITMENTS

a.

b.

NOTES ON THE ACCOUNTS

At 31 December, the Company had commitments under operating leases to make payments in the next year as follows:

Land and buildings

1995

HK$'000

1994

HK$ 000

Leases expiring:

Within 1 year

After 1 year but within 5 years

184

19

261

670

445

689

Capital commitments outstanding at 31 December not provided for in the accounts were as follows:

1995

1994

HK$'000

HK$000

Contracted for

293,777

213.513

Authorised but not contracted for

515,669

136,425

809,446

349,938

"/

58

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