| (a) |
Employee loans are repayable
in equal monthly instalments over five years. The amount shown
as non-current receivables represent staff loan instalments
falling due for payment after 1 January 2004. |
| (b) |
As explained in Accounting
Policy K, insurance premium paid by the Company to secure foreign
loans under the 150K Project Scheme has been deferred on the
grounds that the benefit of this expenditure is not exhausted
in the period in which it is incurred and will be written off
to the Income Statement over the repayment period of the loans. |
