CMB_1985 — Page 20

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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