5.

Taxation (continued)

(b) The liability to taxation represents:-

The group

The company

1986

1985

1986

1985

$000's

$000's

$000's

$000's

Estimated liability to profits

tax for the year

10,015

21,726

9,800

21,500

Balance of profits tax provision

relating to previous year

5,894

8,082

5,894

8,098

15,909

29,808

15,694

29,598

Taxation recoverable in respect

of previous year

(3)

15,906

29,808

15,694

29,598

6.

Dividends

Group and company

1986

1985

$000's

$000's

First interim dividend of

18 cents per share paid (1985: 20 cents)

8,329

9,253

Special dividend of

5 cents per share paid (1985: 5 cents)

2,313

2,313

Second interim dividend of

18 cents per share declared (1985: 18 cents)

8,329

8,329

Proposed final dividend of

30 cents per share (1985: 30 cents)

13,880

13,880

32,851

33,775

7.

Fixed assets

Plant,

Leasehold

Motor

fixtures and

land

Buildings

buses

equipment

Total

$000's

$000's

$000's

$000's

$000's

The group

Cost or valuation:

At 1st July, 1985

45,474

36,118

347,814

24,132

453,538

Additions

1,279

664

3,022

4,965

Disposals

(4,973)

(620)

(5,593)

At 30th June, 1986

45,474

37,397

343,505

26,534

452,910

Aggregate depreciation:

At 1st July, 1985

2,665

182,292

17,643

202,600

Written back on disposal

(4,432)

(581)

(5,013)

Charge for the year

480

29,250

1,572

31,302

At 30th June, 1986

3,145

207,110

18,634

228,889

Net book value:

At 30th June, 1986

45,474

34,252

136,395

7,900

224,021

Net book value:

At 30th June, 1985

45,474

33.453

165,522

6,489

250,938

17

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