# 7. EQUIPMENT
COST
Brought forward
HK$
20,160
DEPRECIATION
Brought forward
10,080
Charge for the year
5,040
Carried forward
15,120
NET BOOK VALUE
At 31 December 2002
At 31 December 2001
5,040
10,080
# 8. INVESTMENT IN SECURITIES
2002
2001
HK$
HK$
Listed investments
Quoted unit trusts
Listed securities
409,200
438,000
409,200
438,000
Market value of listed investments
409,200
438,000
Carrying amount analysed for reporting purposes as non-current
409,200
438,000
# 9. INVESTMENT REVALUATION RESERVE
At 1 January 2001
HK$
(50,387)
Loss realised on disposal of investment,
Transferred to income and expenditure account
50,387
Unrealised loss on revaluation of investments in securities
(23,255)
At 31 December 2001
(23,255)
Unrealised loss on revaluation of investments in securities (28,800)
At 31 December 2002
(52,055)
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