1988 — Page 17

INCREASE/(DECREASE) IN WORKING CAPITAL

Stocks and work in progress

10,750

Debtors

547

Creditors

(14,688)

5,539 (1,349)

(21,159)

Movements in net liquid funds: -

Short term deposit

128,000

Cash and bank balances

Bank overdrafts and loans

(18,911) (7,383)

(4,261) 18,911

(875)

101,706

13,775

98,315

(3,194)

The notes on pages 16 to 27 form part of these accounts.

URBAN COUNCIL PUBLIC LIBRARIES REFERENCE LIBRARY

15