1987 — Page 39

BALANCE SHEET

AS AT 31ST DECEMBER, 1987

Note

1987

1986

HK$'000

HK$'000

Fixed Assets

9

1,518,549

1,189,319

Current Assets

10

487,968

466,341

Current Liabilities

630,167

520,903

(142,199)

(54,562)

1,376,350

1,134,757

Representing:

Share Capital & Reserves

Share Capital

12

322,9'11

258.329

Reserves

13

392,974

384,811

715,885

643,140

Contingency Reserve - Insurance

14

106,154

91,410

Development Fund

15

64,841

44,746

Long Term Liabilities

16

444,192

302,686

Staff Retirement Fund

17

45,278

52,775

1,376,350

1,134,757

Approved by the Board of Directors on 14th April, 1988

PC Woo

Chairman

Lawrence E Louey

Director

The notes on pages 37 to 45 form part of these accounts.

35