|
|
| FINANCIAL
REPORT |
17.
TRADING FUND CAPITAL
|
|
|
|
| |
This represents the Government's investment in the Electrical
and Mechanical Services Trading Fund. |
| |
|
2001
HK$000 |
2000
HK$000
|
|
|
| |
|
 |
|
|
|
| |
Balance at 1 April 2000
Addition |
706,600
- |
|
706,600
- |
|
|
|
|
|
| |
Balance at 31 March 2001 |
706,600 |
|
706,600 |
|
|
|
|
|
18. RETAINED
EARNINGS |
| |
|
2001
HK$000 |
2000
HK$000 |
|
|
|
|
|
| |
Balance at 1 April 2000
Profit for the year |
752,032
476,703 |
|
516,796
336,051 |
|
|
|
|
|
|
| |
Proposed dividend |
1,228,735
(143,010 |
) |
852,847
(100,815 |
) |
|
|
|
|
|
| |
Balance at 31 March 2001 |
1,085,725 |
|
752,032 |
|
|
| |
|
|
|
|
|
19. ANALYSIS OF CHANGES IN FINANCING DURING THE YEAR |
| |
|
Government
loan
(including short-term borrowing) |
|
2001
HK$000 |
|
2000
HK$000 |
|
| |
|
|
|
|
|
| |
Balance at 1 April 2000
Cash outflow from financing |
211,960
(30,280 |
) |
242,240
(30,280 |
) |
|
|
|
|
| |
Balance at 31 March 2001 |
181,680 |
|
211,960 |
|
|
|
|
|
20. ANALYSIS OF THE BALANCES OF CASH AND
CASH EQUIVALENTS AT END
OF YEAR |
| |
|
2001
HK$000 |
|
2000
HK$000 |
|
|
|
|
|
| |
Cash and bank balances
Placements with banks
(cash equivalents portion) |
15,155
1,490,000 |
|
78,945
800,000 |
|
|
| |
|
|
|
|
|
| |
|
1,505,155 |
|
878,945 |
|
|
|
|
|
|
|
21. RELATED PARTY TRANSACTIONS |
|
| |
Apart from those separately
disclosed in the accounts, the other material related party transactions
for the year are summarised as follows:
(a) Services provided to related parties included vehicle services;
electrical, mechanical and electronic
services; and project and consultancy services. The total revenue
derived from these services amounted
to $3,115 million (2000 : $2,995
million). This amount was included in Turnover under note 3.
(b) Services received from related parties included maintenance, accommodation,
central administration and
auditing. The total cost incurred on these services amounted to $103
million (2000 : $146 million). This amount was included in Operating
costs under note 4.
Services provided to related parties were priced on a cost-plus basis.
Services received from related parties were charged at the rates payable
by the general public for services which were also available to the
public or on a full cost recovery basis for services which were available
only to the related parties. |
| |
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|
