CMB_1988 — Page 14

Balance Sheet at 30th June, 1988

(Expressed in Hong Kong dollars)

Note

1988

$000's

1987

$000's

FIXED ASSETS

7

219,341

221,540

INTEREST IN SUBSIDIARY

8

7,935

7,927

227,276

229,467

CURRENT ASSETS

10

287,383

215,598

CURRENT LIABILITIES

11

92,726

78,977

NET CURRENT ASSETS

194,657

136,621

421,933

366,088

Representing:-

SHARE CAPITAL

RESERVES

DEVELOPMENT FUND

DEFERRED LIABILITIES

CONTINGENCY RESERVES

Approved by the board of directors on 28th October, 1988

}

12

92,537

92,537

13

148,167

136,221

240,704

228,758

14

50,827

28,702

15

41,902

38,128

16

88,500

70,500

421,933

366,088

NGAN Shing-kwan ) Managing Director

}

}

NGAN Kit-ling

Directors

M.T. Geoffrey YEH

)

The notes on pages 14 to 21 form part of these accounts.

12