1984 — Page 21

Yaumati Ferry 油蔴地小輪年報 All

20. Capital Commitments

a) Capital commitments outstanding at 31st December 1984 not provided for in the accounts

were as follows:-

Contracted for

Authorised but not

contracted for

Company

Group

1984

1983

1984

1983

20,120

52,300

20,120

52,730

136,920

126,090

136,920

126,090

b) The Company has undertaken foreign exchange contracts of approximately HK$4.7 million

(1983 - Nil) which had not yet matured as at 31st December 1984.

21. Contingent Liabilities

The parent company has issued a counter indemnity to the extent of £3,552,000 in respect of the obligation of a subsidiary company covering credit facilities made available to an associated company.

22. Comparative Figures

Certain comparative figures in these accounts have been re-classified to conform to the current year's presentation.

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