| as at 31 March 2006 |
| (Expressed in thousands of Hong Kong dollars) |
| |
Note |
2006 |
2005 |
| ASSETS |
|
|
|
| Non-current assets |
|
|
|
| Property, plant and equipment |
10 |
376,180 |
364,774 |
| Intangible assets |
11 |
69,307 |
76,185 |
| Held-to-maturity securities |
12 |
99,451
|
-
|
| |
|
544,938 |
440,959 |
| Current assets |
|
|
|
| Debtors and prepayments |
|
15,467 |
13,462 |
| Amounts due from related parties |
|
5,358 |
5,279 |
| Placements with banks |
|
454,700 |
406,500 |
| Cash and bank balances |
|
7,936
|
90,624
|
| |
|
483,461
|
515,865
|
| Current liabilities |
|
|
|
| Deferred revenue |
13 |
3,030 |
1,588 |
| Customers’ deposits |
14 |
22,982 |
22,733 |
| Creditors |
|
22,727 |
8,316 |
| Amounts due to related parties |
|
1,460 |
4,194 |
| Provision for employee benefits |
|
2,184 |
6,634 |
| Tax payable |
|
6,383
|
17,230
|
| |
|
58,766
|
60,695
|
| Net current assets |
|
424,695
|
455,170
|
| Total assets less current
liabilities |
|
969,633 |
896,129 |
| Non-current liabilities |
|
|
|
| Deferred tax |
15 |
23,710 |
22,337 |
| Provision for employee benefits |
|
65,296
|
63,604
|
| NET ASSETS |
|
880,627
|
810,188
|
| CAPITAL AND RESERVES |
|
|
|
| Trading fund capital |
16 |
118,300 |
118,300 |
| Retained earnings |
17 |
692,575 |
622,824 |
| Proposed dividend |
8 |
69,752
|
69,064
|
| |
|
880,627
|
810,188
|
K. A. Salkeld, J.P.
The Land Registrar & General Manager,
The Land Registry Trading Fund
13 September 2006
The Notes to the Accounts form part of these statements |
