1990 — Page 38

Note

1990 HK$'000

1989 HK$'000

Fixed Assets

Current Assets

8

1,701,644

1,656,222

319,417

398,038

Current Liabilities

10

(704,922)

(693,964)

Net Current Liabilities

(385,505)

(295,926)

1,316,139

1,360,296

Representing:

Share Capital & Reserves

Share Capital

11

403,639

403,639

BALANCE

Reserves

12

519,700

462,909

SHEET

AS AT 31ST

923,339

866,548

DECEMBER, 1990

Contingency Provision - Insurance

13

108,251

107,100

Development Fund

14

Long Term Liabilities

15

265,016

355,613

Staff Retirement Fund

16

19,533

31,035

1,316,139

1,360,296

36

Approved by the Board of Directors on 11th April, 1991

PC Woo

Chairman

Lawrence E Louey Managing Director

The notes on pages 38 to 46 form part of these accounts.