CMB_1997 — Page 23

Balance Sheet at 30th June, 1997

(Expressed in Hong Kong dollars)

NOTE

1997

1996

$000's

$000's

FIXED ASSETS

8

349,774

330,878

INTEREST IN SUBSIDIARIES

9

1,191,661

1,123,136

1,541,435

1,454,014

CURRENT ASSETS CURRENT LIABILITIES

NET CURRENT ASSETS

12

13

~3

292,299

367,984

268,498

236,669

23,801

131,315

1,565,236

1,585,329

Representing:- SHARE CAPITAL RESERVES

DEFERRED PROFITS

DEFERRED LIABILITIES

CONTINGENCY RESERVES

Approved by the board of directors on 24th November, 1997

14

15

45

92,537 963,450

92,537

710,205

1,055,987

802,742

16

261,539

449,290

17

78,129

72,928

18

169,581

260,369

1,565,236

1,585,329

NGAN Kit-ling

}

) Directors

NGAN Kit-keung

}

J

}

D.A. L. WRIGHT

} Director

}

The notes on pages 20 to 30 form part of these accounts.

17