1991 — Page 41

BALANCE SHEET

AS AT 31ST DECEMBER, 1991

NOTE

1991

1990

HK$'000

HK$'000

Fixed Assets

Current Assets

8

1,902,916

1,701,644

9

446,016

319,417

Current Liabilities

10

(749,369)

(704,922)

Net Current Liabilities

(303,353)

(385,505)

1,599,563

1,316,139

Representing:

Share Capital & Reserves

Share Capital

11

403,639

403,639

Reserves

127

583,904

519,700

987,543

923,339

Contingency Provision-Insurance

13

128,382

108,251

Development Fund

14

30,604

Long Term Liabilities

15

385,934

265,016

Staff Retirement Fund

16

67,100

19,533

1,599,563

1,316,139

Approved by the Board of Directors on 9th April, 1992

PC Woo

Chairman

Lawrence E Louey Managing Director

The notes on pages 39 to 48 form part of these accounts.

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