STATEMENT 1
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1976
31st March, 1975
$
95%
DEPOSITS:--
16%
5,234,603.51
Unspent Grants
2,552.133.61
81%
Public Works Department:-
24,907,837.52 11,093,246.43 $1,198,180.15
Contract Retentions
28,391,144.53
LIABILITIES
ASSETS
31st March, 1975
$
$
$
$
$
CASH IN HAND, IN TRANSIT, BALANCES WITH BANKERS AND AGENTS AND MONEY AT CALL:-
Hong Kong
Overseas (a)
101,206,513.58
132,109,354.34 233,315,867,92
103,193,537,00
307,763,679.00
Private Works
56,039,031.64 77,350,812.11
partment his staff.
1,610,000.00 1,011,233.47
Other Deposits:--
Control of Publications Government Servants Mass Transit Railway Miscellaneous
Water Deposits
14,828,380.39 55,387,501.39
98,607,026,31
1,700,000.00
SHORT NOTICE AND TIME DEPOSITS:—
Hong Kong (3)...
1,420,732,854.56
1,112,319.86
12,263,953.21
Overseas (a)
991,568,503.45 2,412,301,358.01
1,050,061,280,05
795,365,300.36
140,269,157.66
155,345,430.73 256,504,590.65
INVESTMENTS:~(a), (c)
SPECIAL FUNDS-
Overseas ...
829,052,721.87
1,025,835,303.75
181,551.90
World Refugee Year Loan Fund for Co-operative Societies
318,823.98
SPECIAL FUNDS:--
SUSPENSE Colonial Treasurer Incorporated...
27,875.43
World Refugee Year Loan Fund for Co-operative Societies— short notice and time deposits
100,000.00
50,000.00
SUSPENSE-Special Coin
24,112,335.56
SUSPENSE Colonial Treasurer Incorporated...
106,216,12
5.
600,000,000.00
MASS TRANSIT FUND
450,000,000.00
494,603.59
386,308.51
8,410,463.21
7,791,649.40
6,606,644,62
9,884,065.00
304,315.75
313,076.60
GENERAL REVENUE BALANCE :—(d)
2,808,751,444.61
379,840,747.88
As at 1st April, 1975 ...
2,521,954,579.86
...
Surplus and Deficit Account at 31st March, 1976-Surplus
ADVANCES:-
Personal-Imprests
Personal-General
Post Office
487,349,208.45
3,009,303,788.31
Other Administrations
93,043,883.13*
Less:
Depreciation on investments and exchange differences
Loaos (Asian Development Bank) Ordinance
www.
199,047,758,25 2,810,256,030,06
Miscellaneous
50,633,680.71
$3,350,581,076,59
THE TREASURY,
HONG KONG. 17th June, 1976.
$3,541,219,655.68
66,449,707.88
1,140,755.79
48,689,905.01
$3,541,219,655,68
$3,350,581,076.59
* Appreciation on investments and exchange differences.
NOTES:
(z) Overseas investments and currency balances have been valued at the middle market rates for telegraphic transfers on the last working day of March,
1976 as advised by the Hong Kong Exchange Banks' Association.
(b) Includes $22,649,373.45 held for the Official Receiver under Section 294 of the Companies Ordinance (Cap. 32).
(c) Does not include 16,290 shares of a nominal value of $100.00 each held in Associated Properties Limited and 3,500 shares of a nominal value of
$100,000 each held in the Mass Transit Railway Corporation.
(d) There are contingent liabilities in respect of:-
(1) the Colony's Asian Development Bank capital subscription:
(2) a guarantee on notes issued by the Hong Kong Building and Loan Agency Limited;
(3) all moneys due by the Hong Kong Export Credit Insurance Corporation;
(4) the Loans for Small Industries Scheme;
(5) outstanding currency notes demonetized under the Dollar and Subsidiary Currency Notes Ordinance 1969;
(6) a guarantee to pay 25% of sums made available under an Agreement between Cross-Harbour Tunnel Company Ltd, and Lloyds Bank Ltd.; (7) one cent notes issued under Section 4(1) of the Dollar and Subsidiary Currency Notes Ordinance 1969. Notes to the value of $726,161.00 were in
circulation at 31st March, 1976;
(8) guarantees in respect of the repayment of loans made to and the discharge of indebtedness of Mass Transit Railway Corporation under
the facilities specified in the Schedule to L/N 242 of 1975 as amended by L/N 35 of 1976 and L/N 62 of 1976.
(9) gold coins issued in accordance with L/N 97 of 1975. Coins to the value of $35,456,000.00 were in circulation at 31st March, 1976.
25
F. CRABB,
Director of Accounting Services (Acting).