4
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1960
LIABILITIES
ASSETS
DEPOSITS :---
$
C.
CASH :-
Contributions towards Building Projects...
5,173,602.50
In Hand:
Control of Publications
780,000.00
Treasury
$2,215,994.14
Other Government
Development Loan Fund
3,168,281.48
Departments
199,242.49
Government Servants
1,926,324.77
Miscellaneous...
21,225,225.69
Crown Agents (£586.17.5)
At Bank:
9,389.93
2,424,626.56
Motor Vehicles Insurance Third Party
200,000.00
Public Works Department
Works Account
Private
1,403,217.64
Water Deposits
8,944,783.85
42,821,435.93
Treasury
6,280,569,24
Other Government
Departments
1,155,627.01
7,436,196.25
Joint Consolidated Fund (£1,060,000.0.0)...
16,960,000,00
26,820,822.81
Other Administrations
126,693.58
Colonial Development and Welfare Schemes
152,558.32 43,100,687.83
FIXED DEPOSITS
60,000,000,00
86,820,822.81
SUSPENSE-Kowloon-Canton Railway
31,261.62
IMPRESTS
REVENUE EQUALIZATION FUND
138,014,760.94
SURPLUS BALANCES :-
Investment:
264,000.00
GENERAL REVENUE BALANCE :--
Federation of Malaya 44% Stock
1964/74 (M$4,675,000.00)
8,726,666.67
Balance 1st April, 1959
461,011,096.93
Less Deficit from 1st April, 1959
to 31st March, 1960
Federation of Malaya 4% Stock
1965/75 (M$5,785,875.00)
10,800,300.00
45,318,994,21
415,692,102.72
Hong Kong Government 34% Dollar
Loan 1940
+++
1,182,550.00
Sterling Investments (£29,658,434.9.2)
474,534,951.33
495,244,468.00
Less Depreciation on Investments
9,012,457.99 406,679,644,73
TOTAL
$587,826,355.12
ADVANCES :-
Personal
Miscellaneous
Other Administrations
Colonial Development and
Welfare Schemes...
$4,264,011.33
741,505.65
5,005,516.98
454,534.91
37,012.42 5,497,064.31
TOTAL
$587,826,355.12
NOTES: Government holds 16,290 shares at a nominal value of $100 per share in Associated Properties Limited, 168 shares at a nominal value of $10 per share in South China Building Materials Ltd., and 980 shares at a nominal value of 500 YEN per share in Helm Brothers Ltd. (Yokohama).
There is a contingent liability of $2,244,991.38 in respect of the $1 Note Security Fund.
THE TREASURY,
Hong Kong, 23rd May, 1960.
H. HEYS, Accountant General.