1993 — Page 61

59

8.

FIXED ASSETS

Buses and

Leasehold

other motor

land

HK$'000

Buildings vehicles

HK$'000 HK$'000

Others

Total

HK$'000 HK$'000

a.

Cost or valuation:

At 1 January 1993

140,965

Additions

Disposals

599,499 2,454,139

49,047 275,967

(34,230)

227,173 3,421,776

18,855 343,869

(1,327) (35,557)

At 31 December 1993

140,965

648,546

2,695,876 244,701 3,730,088

Aggregate depreciation:

At 1 January 1993

Charge for the year

Written back on disposals

26,690

179,928 1,207,247

21,016 151,917

(34,218)

168,040 1,581,905

23,369 196,302

(1,109) (35,327)

At 31 December 1993

26,690

200,944

1,324,946

190,300 1,742,880

Net book value:

At 31 December 1993

114,275

447,602 1,370,930

54,401 1,987,208

Add: Buses under construction

at cost

Deposits paid in respect of buses on order

Net book value:

246,219

7,710

2,241,137

At 31 December 1992

114,275

419,571

1,246,892

59,133 1,839,871

Add: Buses under construction

-

at cost

Deposits paid in respect of buses on order

207,119

2,480

2,049,470