CMB_1985 — Page 26

China Motor Bus Annual Reports 中華巴士年報 All

At 30th June, 1985. there were potential contingent liabilities in respect of third party claims in connection with the operation of franchised motor buses amounting to approximately $46 million (1984: $44 million) for which provision of $44 million (1984: $38 million) has been included in contingency reserves. In the opinion of the directors, the amounts provided are sufficient to cover any liabilities which may subsequently arise in respect of these claims.

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