irasia.com

Hopson Development Holdings Limited

Balance Sheet
As of 31st December, 1998
(Expressed in Hong Kong dollars)
                                              Consolidated      Company

                                            1998     1997     1998   1997
                                 Notes     $'000    $'000    $'000  $'000

Fixed assets                      12      12,237    8,987        -     -

Investment properties             13     364,000        -        -     -

Properties under development
  for long-term investment        14     420,923  100,259        -     -

Investment in subsidiaries        15           -        -  423,758     -

Investment in associated company  16       5,868    3,778        -     -

Other investment                  17      66,074        -        -     -

Current assets                    18   1,697,359  991,847  309,193   100

Current liabilities               19    (901,584) 610,944)    (229)  (44)
________________________________________________________________________
                                       1,664,877  493,927  732,722    56

Land premium payable              20     (98,970)(182,318)       -     -

Deferred taxation                 21    (300,227) (82,389)       -     -
________________________________________________________________________
Net assets                             1,265,680  229,220  732,722    56
                                       =========  =======  =======    ==
Representing:

Share capital                     22     100,000   75,000  100,000   100

Reserves                          23   1,127,278  130,111  632,722   (44)
________________________________________________________________________
Shareholders' equity                   1,227,278  205,111  732,722    56
 
Minority interests                        38,402  24,109         -     -
________________________________________________________________________
                                       1,265,680  229,220  732,722    56
                                       =========  =======  =======    ==
Approved by the Board of Directors on 22nd March, 1999.


          Chu Mang Yee                            Au Yeung Fu, Anthony
            Director                                     Director


Source: Hopson Development Holdings Limited
  • Annual Reports
  • Company's Index
  • irasia.com

  • © Copyright 1996-2018 irasia.com Ltd. All rights reserved.
    DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website.
    TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.
    TERMS OF USE: Please read the Terms of Use governing the use of our website.