7.

Fixed assets

Leasehold

Motor

Plant, 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, 1987

52,330

42,382

344,526

27,747

466,985

Additions

437

21,807

836

23,080

Disposals

(5,378)

(81)

(5,459)

At 30th June, 1988

52,330

42,819

360,955

28.502

484,606

Aggregate depreciation:

At 1st July, 1987

Written back on disposal

Charge for the year

At 30th June, 1988

Net book value:

At 30th June, 1988

Add: Buses under

4,343

233,568

19,954

257,865

(4,986)

(60)

(5,046)

512

27,138

1,424

29,074

4,855

255,720

21,318

281,893

52,330

37,964

105,235

7,184

202,713

construction &

in transit at cost

Net book value:

At 30th June, 1987

Add: Buses under

construction & in transit

at cost

23,445

226,158

52,330

38,039

110,958

7,793

209,120

17

19,335

228,455

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