CMB_1995 — Page 27

Notes on The Accounts (Continued)

8.

FIXED ASSETS (Continued)

Company

Plant,

Leasehold

Motor

fixtures and

land

Buildings

buses

equipment

Total

$000's

$000's

$000's

$000's

$000's

Cost or valuation:

At 1st July, 1994

33,606

Additions

42,448

471

581,326

35,290

692,670

56,434

700

57,605

Disposals

(26,265)

(26,265)

At 30th June, 1995

33,606

42,919

611,495

35,990

724,010

Aggregate depreciation:

At 1st July, 1994

Written back on disposal Charge for the year

At 30th June, 1995

Net book value:

At 30th June, 1995

Add: Buses under construction & in transit

at cost

Net book value:

1

1

4,831

372,260

30,105

407,196

(25,465)

(25,465)

478

29,537

1,467

31,482

5,309

376,332

31,572

413,213

33,606

37,610

235,163

4,418

310,797

310,797

At 30th June, 1994

33,606

37,617

209,066

5,185

285,474

Add: Buses under construction & in transit at cost

33,512

318,986

Leasehold land at 30th June, 1995 is held in Hong Kong under long leases and comprises the following:-

At 1962 valuation

At 1993/94 valuation

At cost

3333

23

The group

1995

1994

$000's

$000's

The company

1995

$000's $000's

1994

1,300

1,300 89,279

1,300

1,300

32,306

32,306 32,306 32,306

33,606

122,885 33,606 33,606