8
|
|
Dividend
A dividend of $100.815 million being 30% of the profit after tax
is proposed for the year ended 31 March 2000
and is payable to the Government (1999 : $98.287 million).
|
9
|
Rate of
Return on Fixed Assets
This is calculated
as a percentage of profit from operations and interest income after
taxation to Average Net Fixed Assets (ANFA). The Electrical and Mechanical
Services Trading Fund is expected to meet a target return of 13.5%
per annum on ANFA as determined by the Financial Secretary.
|
10
|
Fixed
Assets
| |
Land
and
Buildings |
Plant
and
Equipment |
Computer
Systems and
Equipment |
Motor
Vehicles |
Furniture
and Fixtures |
Total |
|
Cost
or Valuation
At
1 April 1999
Additions
Disposals |
950,100
-
-
|
23,248
256
- |
25,109
9,665
- |
24,258
1,833
(294) |
2,535
3,285
- |
1,025,250
15,039
(294) |
|
| At
31 March 2000 |
950,100 |
23,504 |
34,774 |
25,797 |
5,820 |
1,039,995 |
|
Aggregate
Depreciation / Amortisation
At 1 April 1999
Charge for the year
Written back on disposals
|
37,358
13,993
- |
8,486
3,358
- |
12,698
7,381
- |
10,942
5,133
(178) |
237
887
- |
69,721
30,752
(178) |
|
| At
31 March 2000 |
51,351 |
11,844 |
20,079 |
15,897 |
1,124 |
100,295 |
|
Net
Book Value
At 31 March 2000
|
898,749
|
11,660 |
14,695 |
9,900 |
4,696 |
939,700 |
| |
|
| At
31 March 1999 |
912,742 |
14,762 |
12,411 |
13,316 |
2,298 |
955,529 |
|
|
|
11
|
Stocks
and Works in Progress
|
2000
HK$000 |
1999
HK$000 |
|
Stocks
Work in progress |
102,098
32,928 |
116,038
29,851 |
|
| |
135,026 |
145,889 |
|
|
|
12
|
Short-Term
Borrowing
|
2000
HK$000 |
1999
HK$000 |
|
Government
loan repayable within one year at 31 March 2000
(see also note 16) |
30,280 |
30,280 |
|
|
|
13
|
Customers'
Deposits
|
2000
HK$000 |
1999
HK$000 |
|
Deposits
received from related parties
Deposits received from other customers
|
461,133
13,853 |
196,287
9,070 |
|
| |
474,986 |
205,357 |
|
|
|
14
|
Deferred
Revenue
This represents
contract fees received in advance for which services have not yet
been rendered.
|
2000
HK$000 |
1999
HK$000 |
|
| Contract
fees received in advance from related parties |
45,955 |
50,551 |
| |
|
|
|
|
|
