Page 20 -
P. 20

Report of the Directors





               RESERVES


               Movements in the reserves of the Group and of the Company during the year are set out in Note 26 and Note
               32 to the consolidated financial statements respectively.


               DONATIONS

               Charitable and other donation made by the Group during the year amounted to HK$30,000.


               PROPERTY, PLANT AND EQUIPMENT

               Details  of  the  movements  in  property,  plant  and  equipment  of  the  Group  are  set  out  in  Note  14  to  the
               consolidated financial statements.

               PRINCIPAL PROPERTIES


               Details of the principal properties held for investment purposes are set out on page 87.

               SHARE CAPITAL


               Details  of  the  movements  in  the  share  capital  of  the  Company  are  set  out  in  Note  25  to  the  consolidated
               financial statements.

               DISTRIBUTABLE RESERVES


               Distributable  reserves  of  the  Company  at  31st  March  2016  amounted  to  HK$749,247,000  (2015:
               HK$761,881,000), comprising retained earnings and contributed surplus.

               FIVE-YEAR FINANCIAL SUMMARY

               A summary of the results and of the assets and liabilities of the Group for the last five financial years is set out
               on page 88.


               PURCHASE, SALE OR REDEMPTION OF SHARES

               Neither  the  Company  nor  its  subsidiary  companies  has  purchased  or  sold  any  of  the  Company’s  shares
               during the year ended 31st March 2016 and the Company has not redeemed any of its shares during the
               same financial year.
















         18    ALCO HOLDINGS LIMITED  ANNUAL REPORT 2016
   15   16   17   18   19   20   21   22   23   24   25