18
BANK LOANS AND OVERDRAFTS
Bank loans and overdrafts are repayable as follows:
The Group The Company
1996
1996
1995
HK$'000
HK$'000
HK$'000
Within 1 year and included in current liabilities
171,495
171,495
135,505
After 1 year and included in long term liabilities.
-between 1 and 2 years
115,714
115,714
116,998
between 2 and 5 years
230,000
230,000
165,714
over 5 years
20,000
345,714
345,714
302,712
517,209
517,209
438,217
19
STAFF RETIREMENT FUND
The Group
The Company
1996
1996
1995
HK$'000
HK$'000
HK$'000
Balance at 1 January
Provision made during the year
Balance at 31 December
595,300
595,300
475,300
134,300
134,300
120,000
729,600
729,600
595,300
The above fund represents the provision for the improvement of the retirement benefits to employees.
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