REPORT OF THE AUDITORS TO THE MEMBERS OF CHINA MOTOR BUS COMPANY, LIMITED
We have audited the accounts set out on pages 10 to 21 in accordance with approved Auditing Standards.
In our opinion, the accounts of the company and of the group give a true and fair view of the state of affairs at 30th June, 1986 and of the profit and changes in financial position for the year ended on that date and comply with the Companies Ordinance.
Hong Kong, 15th November, 1986
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Peat, Marwick, Mitchell & Co.
Certified Public Accountants