7.
Fixed Assets (continued)
Net book value at:
Leasehold
Motor
Plant, fixtures and
land
Buildings
buses
equipment
Total
$000's
$000's
$000's
$000's
$000's
39.321
30th June. 1984
Motor buses under assembly and construction, at cost
19.873
192.247
5.896
257,337
4.338
261.675
Leasehold land at 30th June, 1985 is held in Hong Kong under long-term lease and comprises the following:-
The group
The company
1985
1984
1985
1984
$000's
$000's
$000's
$000's
At 1962 valuation
22,800
22.800
17.000
17.000
At cost
22,674
22.674
22,321
22.321
45,474
45.474
39.321
39.321
8. Interest in Subsidiary Company
1985
$000's
1984
$000's
7,887
7.887
Name of company
Unlisted shares, at cost
Details of the subsidiary company are as follows:—
Country of incorporation
Description of shares held
Percentage
Principal
held directly
activities
Island Communication Enterprises
Hong Kong
Ordinary
100
Property
Limited
investment
9.
Investments
Shares listed in Hong Kong, at cost
Market value
18
The group
1985
$000's
1984
$000's
56
56
517
361
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