17
Notes on the Accounts cont'd
13. Current Assets
Company
Group
1983
1982
1983
1982
Stocks and work in progress
(note 1(e))
52,579
50,987
60,471
61,617
Goods in transit
69
2,818
69
2,818
Debtors and prepayments
4,484
8,179
9,075
11,157
Dividends receivable
6,380
4,251
Cash at banks, on deposit
and in hand
6,938
44,574
7,418
54,353
70,450
110,809
77,033
129,945
14. Current Liabilities
Company
Group
1983
1982
1983
1982
Current portion of deferred
liabilities (note 16)
45,831
51,727
45,831
51,727
Creditors and accrued
charges
32,568
43,095
45,863
66,124
Provision for staff
retirement benefits
(note 15)
4,613
7,044
6,751
9,207
Taxation (note 5(b))
1.257
(985)
Proposed dividend
13,863
13,863
13,863
13,863
96,875
115,729
113,565
139,936
15. Provision for Staff Retirement Benefits
At 1st January 1983
Provision during year
Credited by a subsidiary on staff
transfer
Contribution to staff retirement funds
Benefits paid during year
At 31st December 1983
Company
Group
7,044
9,207
194
69
7,113
9,401
2,500
2,500
150
4,613
6,751
Under the rules of the Company's staff retirement funds, the Company is liable to make good any deficiency of the assets of the funds compared to the liabilities of the funds at 30th June and 31st December each year. Full provision for this liability has been made in the accounts.
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Private notes are available after approval.