Notes on the Accounts cont'd
9.
Leasehold land is held in Hong Kong and comprises the following:
Company
Group
1982
1981
1982
1981
$'000
$'000
$'000
$'000
Long lease
over 50 years
22,883
22,316
22,883
22,316
Medium-term lease
10-50 years
6
685
684
685
22.889
23,001
23,567
23,001
Assets under Construction, at Cost
Company
Group
$'000
$'000
Vessels under construction
At 1st January, 1982
50,255
50,255
Additions
132,611
132,611
Transfer to fixed assets
(130,369)
(133,961)
Transfer to a subsidiary company
(3,592)
At 31st December, 1982
48,905
48,905
Property under development
At 1st January, 1982
10,305
10,305
Additions
20,144
20,144
Transfer to fixed assets
(17,322)
Transfer to a subsidiary company
(17,322)
At 31st December, 1982
13,127
13,127
62,032
62,032
10. Interest in Subsidiary Companies
Company
1982
1981
$'000
$'000
Unquoted shares, at cost
54,162
6,500
Amount due from/(to) subsidiaries
(4,986)
6,587
49,176
13,087
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