9.
Interest in subsidiary
Unlisted shares, at cost
Amount due from subsidiary
Details of the subsidiary are as follows:-
1990
$000's
7,887
143
1989
$000's
7,887 49
8,030
7,936
Name of company
Country of incorporation and operation
Description of
Issued share
shares and percentage
Principal
Island Communication Enterprises Limited
Hong Kong
capital
$2,786,983
directly held
activity
100%
Ordinary
Property investment
10. Investments
11.
Investments listed in Hong Kong, at cost less provision
Market value of listed investments
Current assets
The group
1990
1989
$000's
$000's
31
24
742
595
The group
The company
1990
1989
1990
1989
$000's
$000's
$000's
$000's
Stores and spare parts
80,983
77,320
80,983
77,320
Debtors, deposits and prepayments
12,009
9.324
11,905
9,364
Deposit with Hong Kong Government
2,000
2,000
2,000
2,000
Short term deposits with banks
249,186
195,832
243,103
192,475
Cash at banks and in hand
6,611
350,789
12,488
5,590
10,348
296,964
343,581
291,507
12. Current liabilities
The group
The company
1990
1989
1990
1989
$000's
$000's
$000's
$000's
Creditors and accruals
39,015
35.645
38,905
35,619
Taxation (note 6(b))
13,849
12,455
13,543
12,186
Proposed dividends
23,598
23,598
23,598
23,598
76.462
71,698
76,046
71,403
19