1996 — Page 131

Kowloon Motor Bus Annuanl Reports 九龍巴士年報 All

14 SHARE CAPITAL

1996

HK$'000

1995

HK$'000

Authorised:

410,000,000 ordinary shares of HK$1 each

410,000

410,000

Issued and fully paid:

403,639,413 ordinary shares of HK$1 each

403,639

403,639

15 RESERVES

The Group

The Company

1996

1996

1995

HK$'000

HK$'000

HK$'000

Capital reserve

Balance at 1 January and 31 December

2,412

2,412

2,412

General reserve

Balance at 1 January and 31 December

17,601

17,601

17,601

Retained profits

1,171,007

1,168,763

1,063,049

1,191,020

1,188,776

1,083,062

Included in the figure for the retained profits of the Group is a loss of HK$113,000 attributable to associated

companies.

The distributable reserves as at 31 December 1996 amounted to HK$1,186,364,000 (1995:

HK$1,080,650,000).

58

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