1991 — Page 16

BALANCE SHEETS AT 31 DECEMBER 1991

Group

Company

Note

1991

1990

1991

1990

HK$'000

HK'000

HK$'000

HK'000

ASSETS EMPLOYED:

FIXED ASSETS

9

1,155,533

1,147,171

953,276

953,775

ASSETS UNDER CONSTRUCTION

10

9,438

570

INTEREST IN SUBSIDIARIES

11

102,233

125,560

INTEREST IN ASSOCIATE

12

902

870

3,543

3,486

INVESTMENTS

13

61,251

17,293

61,251

17,293

1,227,124

1,165,904

1,120,303

1,100,114

CURRENT ASSETS

14

324,690

271,880

248,514

196,507

CURRENT LIABILITIES

15

199,916

180.039

83.286

79,768

NET CURRENT ASSETS

124,774

91,841

165,228

116,739

1,351,898

1,257,745

1,285,531

1,216,853

FINANCED BY:

SHARE CAPITAL

RESERVES

SHAREHOLDERS' FUNDS

16

182,989

182,989

182,989

182,989

17

1,168,909

1,074.756

1,102,542

1,033,864

1,351,898

1,257,745

1,285,531

1,216,853

The notes on pages 15 to 26 form part of these accounts.

Approved by the board of directors on 9 March 1992.

Colin K. Y. Lam

Director

Leung Hay Man

Director

13