CMB_1991 — Page 23

Notes on The Accounts (Continued)

13. CURRENT LIABILITIES

Creditors and accruals Taxation (note 6 (b)) Proposed dividends

14. SHARE CAPITAL

Authorised:

50,000,000 ordinary shares of $2 each

Issued and fully paid :

46,268,256 ordinary shares of $2 each

15. RESERVES

The group

The company

1991

1990

1991

1990

$000's

$000's

$000's

$000's

50,034

39,015 49,741

38,905

10,027

13,849

9,729 13,543

23,598

23,598

23,598

23,598

83,659

76,462

83,068

76,046

1991

1990

$000's

$000's

100,000

100,000

92,537

92,537

The group

The company

1991

1990

1991

1990

$000's

$000's

$000's

$000's

Revenue reserves

General reserve

At 1st July

130,000

120,000 130,000

Transfer from profit and loss account

10,000

120,000 10,000 10,000 10,000

At 30th June

140,000

130,000 140,000 130,000

Profit and loss account

108,258

80,824 95,966

75,411

248,258

210,824

235,966 205,411

16. DEVELOPMENT FUND

At 1st July

Transfer to profit and loss account

At 30th June

20

Group and company

1991

1990

$000's

$000's

4,862

54,690

(4,862)

(49,828)

4,862