GENERAL REVENUE BALANCE ACCOUNT:-
Balance as at 1st April, 1955
293,791,761.87
SPECIAL FUNDS:-
Investments :—
Education Scholarships Fund—
Fixed Deposit .....
6,000.00
Add Surplus from 1st April, 1955
to 31st March, 1956
52,256,546.85
Hong Kong Government Loan
12,210.00
Sterling Investments (£3,872-17-6)...
61,966.00
80,176.00
346,048,308.72
DEVELOPMENT FUND
127,585,115.75
Deduct Depreciation on Investments
34,612,164.15 311,436,144.57
SURPLUS BALANCES :-
Investments :-
Federation of Malaya 44% Registered Stock
1964/74 (M$4,950,000)
9,240,000.00
Federation of Malaya 4% Stock
1965/75 (M$6,567,750)
12,259,800.00
Hong Kong Government 31% Dollar Loan 1940... Sterling Investments (£24,632,592.8.11)
2,173,875.00
394,121,479.13 417,795,154.13
TOTAL:
637,603,746.74
TOTAL:
637,603,746.74
THE TREASURY,
Hong Kong, 11th July, 1956.
NOTES:
Government holds 16,290 shares at a nominal value of $100 per share in Associated Properties Limited.
Amounts due from Colonial Development and Welfare Fund are as follows:--
Scheme D. 2061 - Site development for low-cost housing, Hung Hom
$30,966.28
D. 2341 - Site development for low-cost housing, Healthy Village
Amount due from United Kingdom Government for Kai Tak Airport Development Scheme
There is a contingent liability of $1,337,708.51 in respect of the $1 Note Security Fund.
19,964,56
8,753.26
W. F. KERR, Acting Accountant General.
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