1999 — Page 48

Yaumati Ferry 油蔴地小輪年報 All

46

Hg Kong Ferry (Holdings) Co Ltd.

Notes on the Accounts

14. INTEREST IN SUBSIDIARIES

Unlisted shares, at cost

Amounts due from subsidiaries

Provision for diminution in value

Amounts due to subsidiaries

Deposits received from subsidiaries in respect of

properties pending transfer

1999

HK$'000

Company

1998

HK$'000

167,278

167,278

4,667,718

1,963,638

(373,734)

(373,734)

4,461,262

1,757,182

(689)

(706)

(940,000)

4,460,573

816,476

Details of principal subsidiaries, which materially affect the results or assets of the Group, are as

follows:

Ordinary share capital

% held

% held

Issued

by the

Company

by a

subsidiary

Principal

activities

(HK$)

12,000,030

100

Property

HYFCO Development Company Limited

The Hong Kong Shipyard Limited 17,000,000

100

investment

Shipbuilding

and repairs

2

100

Trading

HYFCO Trading and

Investments Company Limited

HYFCO Estate

25,000,000

100

Management & Agency Limited

Property

management

HYFCO Properties Limited

21,700,000

100

Hotel

investment

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