CMB_1998_Copy2 — Page 23

Balance Sheet at 30th June, 1998

(Expressed in Hong Kong dollars)

NOTE

1998

1997

$000's

$000's

FIXED ASSETS

8

338,732

349,774

INTEREST IN SUBSIDIARIES

9

1,094,003

1,191,661

1,432,735

1,541,435

CURRENT ASSETS CURRENT LIABILITIES

NET CURRENT ASSETS

12

13

23

260,768

292,299

189,033

268,498

71,735

23,801

1,504,470

1,565,236

Representing:- SHARE CAPITAL RESERVES

DEFERRED PROFITS

DEFERRED LIABILITIES

CONTINGENCY RESERVES

Approved by the board of directors on 17th November, 1998

14 15

45

92,537 962,185

92,537

963,450

1,054,722

1,055,987

16

17

18

07∞

253,235

261,539

67,621

78,129

128,892

169,581

1,504,470

1,565,236

)

NGAN Kit-ling

) Directors

NGAN Kit-keung

}

)

Henry NGAN

) Director

The notes on pages 21 to 32 form part of these accounts.

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