1991 — Page 23

9.

FIXED ASSETS

GROUP

NOTES ON THE ACCOUNTS (CONTINUED)

Machinery,

Leasehold

Ferry

furniture

Investment

Hotel

land and

vessels and

and other

properties

properties

buildings

other craft

fixed assets

Total

HK$'000

HK$'000

HK$ 000

HK$'000

HK$'000

HK$'000

Cost or valuation

At 1 January 1991

605,000

24.546

98.339

723,582

54,265

1,505,732

Additions

1.336

246

5,664

14.641

6,966

28.853

Valuation surplus

21.664

21,664

Disposals

200

8,526

965

9,691

At 31 December 1991

628,000

24,792

103,803

729,697

60,266

1,546,558

Aggregate depreciation

At 1 January 1991

34,251

293.276

31,034

358,561

Charge for the year

4,718

31,759

5,294

41,771

Written back on disposals

129

8,508

670

9,307

At 31 December 1991

38,840

316,527

35,658

391,025

Net book Value

At 31 December 1991

628,000

24,792

64.963

413,170

24.608

1,155,533

At 31 December 1990

605,000

24.546

64,088

430,306

23,231

1,147,171

COMPANY

Cost or valuation

At 1 January 1991

594,000

38.687

570,360

282

1,203,329

Additions

1,336

26

50

1.412

Valuation surplus

20,664

20,664

Disposals

8,501

8.501

At 31 December 1991

616,000

38,713

561,859

332

1,216,904

Aggregate depreciation

At 1 January 1991

6,167

243,267

120

249,554

Charge for the year

659

21,884

31

22,574

Written back on disposals

8,500

8,500

At 31 December 1991

6,826

256,651

151

263,628

Net book value

At 31 December 1991

616,000

31,887

305,208

181

953,276

At 31 December 1990

594,000

32.520

327,093

162

953,775

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