Cathay Pacific 1999 Annual Report Download - page 43

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Notes to the Accounts – Balance Sheets
47CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 1999
15. Other long-term receivables and investments
Group Company
1999 1998 1999 1998
HK$M HK$M HK$M HK$M
Staff housing loans and other receivables 818 887 697 746
Investments at fair value
– listed in Hong Kong 58 32 ––
– listed outside Hong Kong 722 854 711 836
– unlisted 583 537 583 537
2,181 2,310 1,991 2,119
The fair value of investments listed outside Hong Kong is stated after taking into account certain legal and
contracted restrictions on the Company’s ability to dispose of these investments.
16. Long-term liabilities
1999 1998
Current Non-current Current Non-current
Note
HK$M HK$M HK$M HK$M
Group
Long-term bank loans, bonds and other liabilities
(a)
617 3,345 980 4,223
Obligations under finance leases
(b)
1,408 19,413 1,360 20,635
2,025 22,758 2,340 24,858
Company
Long-term bank loans, bonds and other liabilities
(a)
486 3,947 909 4,640
Obligations under finance leases
(b)
2,141 26,357 2,471 29,937
2,627 30,304 3,380 34,577
(a) Long-term loans, bonds and other liabilities
Group Company
1999 1998 1999 1998
HK$M HK$M HK$M HK$M
Bank loans
– secured 5,078 5,522 3,981 4,303
– unsecured 451 1,039 400 899
Other loans
– secured 82 228 –126
– unsecured 65 92 52 221
Bonds
– unsecured 200 346 ––
5,876 7,227 4,433 5,549
Security deposits (1,914) (2,024) ––
Amount due within one year included
under current liabilities (617) (980) (486) (909)
3,345 4,223 3,947 4,640