STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1968
LIABILITIES
ASSETS
9
DEPOSITS:-
Unspent Grants ...
CASH:-
$ 5,089,123.24
In Treasuries, in transit, Departments and
Banks in Hong Kong
$ 38,374,242.27
Public Works Department:--
With the Crown Agents
12,801,706.49 $51,175,948.76
Contract Retentions
Private Works ...
Water Deposits
$11,580,316.55
3,762,841.50
27,248,440.49
42,591,598.54
FIXED DEPOSITS:-
Local
Sterling
545,260,000.00
7,272,727.27 552,532,727.27
Other Deposits:—
Control of Publications.
Government Servants...
1,020,000.00
1,080,853.13
Other Administrations..
Miscellaneous ...
74,114.12
18,970,802.55
21,145,769.80 $ 68,826,491,58
Malayan
Sterling
INVESTMENTS:-(i)
21,385,975.76
357,256,687.82 378,642,663.58
SPECIAL FUNDS:—
World Refugee Year Loan Fund for
Co-operative Societies
+
192,093.06
SPECIAL FUNDS:—
REVENUE EQUALIZATION FUND
138,024,760.94
GENERAL REVENUE BALANCE:-(ii)
As at 1st April, 1967
710,190,423,14
Add:
Surplus from 1st April, 1967 to
31st March, 1968
133,505,458.92
843,695,882.06
Less:
Net loss on revaluation
(iii)
Depreciation on
Investments...
43,181,221.45
12,870,096.13 56,051,317.58 787,644,564.48
$994,687,910.06
World Refugee Year Loan Fund for
Co-operative Societies-Deposits
ADVANCES:—
Personal-Imprests...
Personal-General
Post Office
Other Administrations
Miscellaneous
:
$16,558,60
150,000.00
6,682,855.81
3,216,300.47
569,511.37
1,201,344.20
12,186,570.45
Notes: (i) Does not include 16,290 shares of a nominal value of $100 each held in Associated Properties Limited.
(ii) There are contingent liabilities in respect of-
(a) The contracts of the Hong Kong Export Credit Insurance Corporation.
(b) The accumulated deficit of $393,790,41 of the $ Note Security Fund.
(iii) Represents the net Hong Kong dollar cost to the Colony's General Revenue Balance of the decision to revalue
the Hong Kong dollar from 1/3d. to 1/43d. sterling from 23rd November, 1967.
THE TREASURY,
Hong Kong, 23rd May, 1968.
$994,687,910.06
H. WARDLE, Accountant General.