1995 — Page 117

NOTES ON THE ACCOUNTS

4. EXCEPTIONAL ITEM

Exceptional item in 1994 represents the surplus arising from the disposal of the Company's property at 81 How Ming Street, Kwun Tong and a portion of the property at 51-53 Kwai Cheong Road, Kwai Chung.

5. DIRECTORS' REMUNERATION

Directors' remuneration disclosed pursuant to Section 161 of the Companies Ordinance is as follows:

1995

HK$'000

1994

HK$'000

Fees

417

298

Salaries and allowances

5,719

4,858

Discretionary and performance related bonuses

4,195

6,073

Retirement fund contributions

1,071

1.060

11,402

12,289

Fees and other emoluments in respect of independent non-executive directors for the year

ended 31 December 1995 amounted to HK$460,000 (1994 - HK$588,000).

The Directors' remuneration is analysed as follows:

Exceeding

Nil

HK$2,500,000

Not exceeding

Number of directors

1995

1994

་ ་

HK$1,000,000

9

HK$3,000,000

1

1

HK$5,500,000

HK$6,500,000

HK$6,000,000

1

HK$7,000,000

1

1

48

1