12. INTEREST IN ASSOCIATE
Group
Company
1988
1987
1988
HK$'000 HK$'000
HK$'000
1987
HK$'000
Unlisted shares, at cost
5
5
Share of accumulated post
acquisition losses
(2,569)
(2,542)
Amounts due from associate less
provision
3,436
3,404
3,436
3,404
-872
867
3,436
3,404
Name of associate
Authian Estates
Limited
Place of incorporation
Hong Kong
Description of shares held
Percentage held indirectly
Principal
activities
"A" Ordinary
50%
Property
investment &
development
13. OTHER INVESTMENTS
Group
1988
1987
1988
HK$'000
HK$'000
HK$'000
Company
1987
HK$'000
Unlisted shares, at cost Others
253
193
230
170
16,570
17,557
16,570
17,557
16,823
17,750
16,800
17,727
Provision for diminution in value
(148)
(5,595)
(125)
(5,572)
16,675
12,155
16,675
12,155
14. CURRENT ASSETS
Group
Company
1988
1987
1988
1987
HK$'000
HK$'000
HK$'000
HK$'000
Stocks and work in progress
69,736
58,986
42,836
36,922
Debtors
31,286
30,739
11,171
5,763
Dividends receivable
24,252
15,865
Short term deposit
128,000
128,000
Cash at banks and in hand
4,274
23,185
2,608
20,656
233,296
112,910
208,867
79,206
Included in the debtors of the group is a sum of $1,200,000 (1987 - $2,400,000) which falls due after twelve months from the balance sheet date.
23
7
7
1/"I
ار
1
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