STATEMENT 11
HONG KONG GOVERNMENT 34% (REHABILITATION) LOAN SINKING FUND STATEMENT OF STERLING INVESTMENTS AS AT 31ST MARCH, 1976
Investments
Nominal Value
Middle Market Price on 31.3.76
Market Value
Book Value
£
£
£
Appreciation
£
Depreciation
£
Mauritius 43% 1972/77
41,883.30
87
36,438.47
33,506.64
Newcastle-upon-Tyne Corporation 54% 1975/77 Middlesex County Council 64% 1975/77 Barbados 6% 1975/77
2,931.83
46,866.72
92
43,117.38
39,836.71
3,280.67
48,383.38
92
44,512.71
42,429.28
2,083.43
•
10,000.00
94
9,400.00
Kent County 6% 1975/77
8,700.00
700.00
49,381.09
93 XD
Hertfordshire County Council 64% 1975/77
45,924,41
44,596.53
1,327.88
11,327.95
95
10,761.55
9,968.60
792.95
Bechuanaland 61% I.C.L. 1977
25,000.00
901
22,687.50
Warwickshire County Council 64% 1977
20,718.75
1,968.75
50,000.00
94
47,000.00
43,500.00
British Honduras 7% I.C.L. 1977
3,500.00
47,072.56
93 1/16
43,806.90
40,364.72
Cardiff Corporation 71% 1977
3,442.18
10,000.00
94
9,400.00
9,717.04
Greater London 74% 1977
140,000.00
95
133,000.00
134,771.79
New Zealand 74% 1977
317.04 1,771.79
100,000.00
96
96,000.00
Bournemouth Corporation 71% 1977
92,924.83
3,075.17
25,000.00
95
23,750.00
24,507.28
Liverpool Corporation 34% 1968/78
757.28
42,145.02
84 XD
35,401.82
31,608.77
Kenya 44% 1971/78
3,793.05
105,717.73
85
89,860,07
80,345.47
9,514.60
Nyasaland 44% 1971/78
38,325.18
83
Kenya 34% 1973/78
31,809.90
27,594.13
4,215.77
50,480.70
82 XD
41,394.17
Jamaica 41% 1973/78
37,860.53
3,533.64
45,275.21
84 XD
38,031.18
33,503.66
Australia 5% 1975/78
4,527.52
180,315.98
86 XD
155,071.74
148,118.71
London County 6% 1975/78
6,953.03
150,000.00
91
136,500.00
127,360.30
Nottingham Corporation 6% 1975/78
9,139.70
47,506.57
92
Corporation of London 64% 1975/78
43,706.04
40,380.58
3,325.46
64,028.81
90
57,625.93
53,143.91
Australia 5% 1976/78
4,482.02
170,723.02
89 XD
Hull Corporation 54% 1976/78
151,943.49
143,523.51
8,419,98
16,000.00
90
14,400.00
13,120.00
Liverpool Corporation 54% 1976/78
1.280.00
25,000.00
87 XD
Swansea Corporation 53% 1976/78
21,750.00
20,978.68
771.32
31,557,07
88
27,770.22
Grenada 6% 1976/78
25,876.80
1,893.42
17,679.79
84
Greenwich Corporation 64% 1976/78
14,851.02
13,613.44
1,237.58
173,362.98
89
154,293.05
147,155.01
7,138.04
Jamaica 7% 1976/78
Leeds Corporation 74% 1977/78
Basutoland 64 % L.C.L. 1978 Bechuanaland 64% I.C.L. 1978 Montserrat 64% I.C.L. 1978 Warley Corporation 74% 1978
Treasury Stock 9% 1978
British Electricity 41 % 1974/79 Treasury Stock 104% 1979 Treasury Stock 114% 1979
British Guiana 3% 1975/80
141,600.00
86
121,776.00
111,864.00
9,912.00
133,292.61
90
119,963.35
111,965.79
7.997.56
60,542.82
88 3/16
53,391.20
48,774.81
4,616.39
56,904.48
88 3/16
50,182.64
45,843.67
4,338.97
10,000.00
85 9/16
8,556,25
7,837.50
718.75
23,688.28
93
22,030.10
20,608.80
1,421.30
1,035,383.95
991
1,027,618.57
999,202.21
28,416.36
146,272.33
891
130,548.05
123,430.49
7,117.56
41,332.12
994 XD
41,228.79
42,169.31
940.52
403,209.14
1034
416,313.44
413,371.96
2,941.48
18,201.96
68
12,377.33
Funding Loan 51% 1978/80
10,739.16
1,638.17
19,689.33
88
17,326.61
Bechuanaland 58 % I.C.L. 1980
17,326.21
0.40
15,000.00
744
11,175.00
Treasury Conv. Stock 9% 1980
10,162.50
1,012.50
64,828.99
951
61,911.69
Mersey Docks & Harbour Co. Debenture Stock
60,615.11
1,296.58
51% 1980/82
44,458.64
421
20735 Combined Units of Mersey Docks and
18,894.92
18,005.75
889.17
Harbour Co. (each unit comprising 98p
nominal Redeemable Subordinated Unsecured Loan Stock and I ordinary share of 10p)
22,393.80
8 P
£
3,999,831.51
-$37,798,407.77
1,658.80
3,695,160.29
=$34,919,264.74
1,526.85
3,533,169.79
$33,388,454.52
131.95
165,777.13
3,786.63
$35,783,66
-$1,566,593.88
In addition the Crown Agents held on deposit in the Joint Consolidated Fund £44,881.09 ($424,126.30). Notes: (1) The book values of investments purchased during_1975/76 are stated at total cost; other investments are
valued at middle market prices on 31st March, 1975.
(2) Conversions to Hong Kong dollars are at the exchange rate of £1 = $9.45.
STATEMENT 12
COINAGE SECURITY FUND
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1976
LIABILITIES
ASSETS
31st March, 1975 $
$
$
$
$
31st March, 1975 $
COINS IN CIRCULATION:-
Current issues:~~~
4,523,783.20 43,932,313.00
5 Cents
4,904,063.20
10 Cents
44,284,061.60
CASH BALANCES WITH BANKERS
AND AGENTS AND MONEY AT CALL:—
Hong Kong Overseas (a)
13,903,592.40
21,093,485.10
877,891.43 14,781,483.83
27,928,775.24
20 Cents
14,000,136.20
75,763,654,50 188,899,061.00
50 Cents
72,253,754.00
TIME DEPOSITS:-
1 Dollar
176,385,120.00
Hong Kong
2 Dollars
46,501,784.00 358,328,919,00
Overseas (a)
106,000,000.00 82,129,105.45
65,600,000.00
188,129,105.45
61,280,771.78
Obsolete issues:-
INVESTMENTS:-
1,606,538.49
Nickel Coins
1,606,538.49
Overseas (a)
15,550,657.13
$330,276,007.32
HONG KONG GOVERNMENT (6)
$359,935,457.49
125,753,355.07
HONG KONG GOVERNMENT (6) 31,271,513.14
$359,935,457.49
154,372,975.20
$330,276,007.32
Notes: (a) Overseas investments and currency balances have been valued at the middle market rate for telegraphic
transfers on the last working day of March, 1976 as advised by the Hong Kong Exchange Banks' Association. (b) This balance arises from the end of year valuation of the Fund's investments and oversea currency holdings;
and realized profits and losses on investment and currency transactions during the year.
THE TREASURY,
Hong Kong, 17th June, 1976.
119
F. CRABB,
Director of Accounting Services (Acting).