13. Share capital
1990
1989
$000's
$000's
(a) Authorised:
50,000,000 ordinary shares of $2 each
100,000
100,000
(b) Issued and fully paid:
46,268,256 ordinary shares of $2 each
92,537
92,537
14. Reserves
Revenue reserves
The group
The company
1990
1989
1990
1989
$000's
$000's
$000's
$000's
General reserve
At 1st July
120,000
110,000
120,000
110,000
Transfer from profit
and loss account
10,000
10,000
10,000
10,000
At 30th June
130,000
120,000
130,000
120,000
Profit and loss account
80,824
54,920
75,411
50,952
210,824
174,920
205,411
170,952
15. Development fund
Group and company
1990
1989
$000's
$000's
At 1st July
54,690
50,827
Transfer (to)/from profit and loss account
(49,828)
3,863
At 30th June
4,862
54,690
16.
Deferred liabilities
Group and company
1990
1989
$000's
$000's
Employees' retirement gratuities
At 1st July
45,396
41,902
Payments during year
(917)
(1,251)
Provision for the year
At 30th June
68,700
4,745
113,179
45,396
20
20
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