STATEMENT 6
SURPLUS BALANCES—STATEMENT OF OVERSEAS INVESTMENTS AS AT 31ST MARCH, 1976
I-STERLING INVESTMENTS
Nominal Value
Middle Market Price
Market Value
Book Value
Appreciation Depreciation
on 31.3.76
£
£
£
£
£
Treasury Stock 9% 1978
888,465,14
991
881,801.65
British Electricity 41% 1974/79
Australia 6% 1977/80
858,755.28
23,046.37
59,092.72
891
52,740.25
49,864.82
2,875.43
49,880.10
79
39,405.28
37,908.88
1,496.40
Jamaica 61% 1978/80
56,661,06
76
43,062.41
39,096.13
3,966.28
Kenya 5% 1978/82...
6,796.55
64
4,349.79
3,942.00
407.79
London County 5% 1980/83
48,633.36
62 XD
30,152.68
30,152.68
-
Treasury Loan 12% 1983...
351,688.47
102
358,722.24
362,239.13
3,516.89
East Africa High Commission 54% 1980/84
9,478.63
60
5,687.18
5.213.25
British Guiana 5% 1980/85
11,055.65
54
5,970.05
5,306.71
473.93 663.34
Southwark Corporation 63% 1983/86
50,000.00
64
32,000.00
32,000.00
Treasury Loan 84% 1984/86
1,965,365.64
86
1,690,214.45
1,650,907.14
39,307.31
London County 51% 1985/87
296,000.00
55
162,800.00
164,425.60
1,625,60
Funding Loan 64% 1985/87
2,388,998.17
71 XD
Hertfordshire County Council 6% 1985/87
105,000.00
62
British Transport 3% 1978/88
30,432.13
49
1,696,188.70 65,100.00 14,911.74
1,662,523.06
33,665.64
64,050.00
1,050.00
13,542.30
1,369.44
Treasury Loan 74% 1985/88
6,851,233.70
754
Treasury Loan 81% 1987/90
2,012,507,96
73
London County 64% 1988/90 Funding Loan 51% 1987/91 Greater London 64% 1990/92 Treasury Loan 124% 1992 Funding Loan 6% 1993 Treasury Loan 124% 1993 Treasury Loan 9% 1994 Treasury Loan 9% 1992/96 Treasury Loan 81% 1997... Treasury Loan 134% 1997 Treasury Loan 131% 1997 ‘A* Treasury Loan 62% 1995/98 Treasury Loan 91% 1999... Treasury Loan 8% 2002/06 Treasury Loan 74% 2012/15
382,225.86 16,541,339.74
£ 69,271,651.42
55,000.00
55
5,172,681.44 1,469,130.81 30,250.00
5,129,396.53
43.284.91
1,454,474,65
14,656.16
31,900.00
1,650.00
6,128,485.66
55 XD
3,370,667.11
3,311,147.17
59,519.94
251,000.00
53
133,030.00
138,050.00
5,020.00
1,317,865.16
961
1,271,739.88
1,260,635.54
11,104.34
5,919,395.48
521
3,107,682.63
3,107,682.63
5,711,503.11
944
5,397,370.44
4,980,876.75
416,493.69
2,390,493,69
721
1,733,107.93
1,757,012.86
23,904.93
3,880,961.42
68+
2,658,458.57
2,574,579.85
83,878.72
3,547,084.08
661
2,358,810.91
2,394,281.75
35,470.84
2,200,000.00
98
2,156,000.00
2,079,000.00
77,000.00
1,481,000.00
991
1,473,595.00
1,317,041.22
156,553.78
3,212,035.27
52 XD
1,670,258.34
1,686,318.52
16,060.18
1,071,972.67
724
777,180.19
784,442.64
7,262.45
581 XD 58
223,602.13
227,424.39
3,822.26
9,593,977.05
9,593,977.05
47,680,648.85
46,808,168.53
970,813.47
98,333.15
-$654,617,105.92
=$450,582,131.63 $442,337,192.61 -$9,174,187.29
-$929,248.27
II-EURO-CURRENCY BONDS AND
Nominal Value
NOTES
Middle Market Price on 31.3.76
Market Value
Book Value
Appreciation
Depreciation
A.
Denominated in Deutsche Marks
DM
DM
DM
DM
DM
Deutsche Kommunalbank Serial E 74% Bonds
1.9.1977
3,700,000.00
British Gas 64% Bonds 1969/79
120,000.00
102.75 100.00
World Bank 64% Bonds 1968/80
6,300,000.00
100.25
European Investment Bank 8% Bonds 1975/80
785,000.00
103.75
New Zealand 94% Bonds 1975/80
2,500,000.00
106.50
Austria 7% Bonds 1968/82
452,000.00
100.75
3,801,750.00 120,000.00 6,315,750.00 814,437.50 2,662,500.00 455,390.00
3,635,250.00 121,320.00 5,960,541.67 773,094.16
166,500.00
1,320.00
355,208.33
41,343.34
2,600,000.00
62,500.00
411,772.00
43,618.00
International Bank for Reconstruction and De-
velopment (World Bank) 64% Bonds 1972/82
7,000,000,00
96.75
World Bank 8% Bonds 1975/82 ...
250,000.00
102.00
6,772,500,00 255,000.00
6,212,500.00
560,000.00
249,861.11
5,138.89
Australia 81% Bonds 1975/82
250,000.00
104.00
260,000.00
247,500.00
12,500.00
Tauernautobahn 9% Bonds 1975/82
475,000.00
105.25
499,937.50
476,187.50
23,750.00
New Zealand 94% Bonds 1975/82
2,000,000.00
109.00
2,180,000.00
2,100,000.00
80,000.00
ESCOM 64% Bonds 1968/83
1,600,000.00
80.25
1,284,000.00
1,364,000.00
80,000.00
World Bank 81% Bonds 1975/83
5,000,000.00
103.35
5,167,500.00
4,946,562.50
220,937.50
European Investment Bank 91% Bonds 1975/83
4,000,000.00
107.25
4,290,000.00
4,080,000.00
210,000.00
Australia 74% Bonds 1976/83
1,500,000.00
100.00
1,500,000.00
1,495,520.83
4,479.17
World Bank 64% (453395) Bonds 1968/84
2,500,000.00
95.50
2,387,500.00
2,243,750.00
143,750.00
World Bank 6% Bonds 1969/84
750,000.00
94.00
Australia 64% Bonds 1969/84
250,000.00
99.50
World Bank 64% (453436) Bonds 1969/84
2,000,000.00
95.50
World Bank 64 % (453588) Bonds 1969/84
540,000.00
96.00
South Africa 61% Bonds 1969/84
500,000.00
79.00
World Bank 8% Bonds 1976/84
2,290,000.00
101.10
Austrian Drau Power Station 84% Bonds 1975/85
1,000,000.00
105.00
705,000.00 248,750.00 1,910,000.00 518,400.00 395,000.00 2,315,190.00 1,050,000.00
654,375.00
50,625.00
238,750.00
10,000.00
1,790,000.00
120,000.00
484,650.00
33,750.00
427,500.00
32,500.00
2,301,027.22
14,162.78
990,000.00
60,000.00
South Africa 7.75% Bonds 1971/86
67,000.00
76.00
50,920.00
55,810.53
4,890.53
ESCOM 8% Bonds 1971/86
238,000.00
83.00
197,540.00
199,920.00
2,380.00
European Investment Bank 6% Bonds 1972/87
500,000.00
87.50
437,500.00
445,333.33
7,833.33
Province of Quebec 64% Bonds 1972/87
1,100,000.00
91.50
1,006,500.00
929,500.00
77,000,00
-
Rural Industries Bank of Western Australia 64%
Bonds 1987 (Australian $530,000)*
2,005,043.00
95.00
1,904,790.85
1,527,241.25
377,549.60
Inter-American Development Bank 62% Bonds
1972/87
17,000,000.00
89.50
15,215,000.00
13,982,500.00
1,232,500.00
Australia 7% Bonds 1972/87
800,000.00
98.00
784,000.00
ISCOR 7% Bonds 1972/87
3,850,000.00
72.95
2,808,575,00
811,839.16 2,840,417.37
27,839.16 31,842.37
European Investment Bank 7% Bonds 1973/88
5,000,000.00
92.10
4,605,000.00
4,275,000.00
330,000.00
South African Railways & Harbours 74%
Bonds 1973/88
5,000,000.00
72.10
OSLO 61% Bonds 1973/90
210,000.00
90.00
3,605,000.00 189,000.00
Deutsche Marks
81,532,043.00
-$159,395,144.07
* These Bonds are denominated in Australian dollars but the principal is payable in Australian dollars or Deutsche Marks and the interest is payable in U.S. dollars or Deutsche Marks, in each case at the option of the holders; conversion is at the fixed exchange rate of Australian $=DM 3.7831 shown in the prospectus.
349,158.44
-$682,604.75
76,712,430.85
3,762,500.00 192,053.05
72,826,276.68
157,500.00 3,053.05
=$149,972,802.31 -$142,375,370.91
4,235,312.61
-$8,280.036.15
113