117
112
Description
STATEMENT 13
DEVELOPMENT LOAN FUND
STATEMENT OF APPROVED LOANS AND CAPITAL PROJECTS AS AT 31 MARCH 1977
Estimated
Allocation
Payments
of Funds
to 31.3.76
Payments Supplementary
1976/77
Provisions
Development Loan Fund
Special Warrant No.
Payments
from 1.4.76 to 31.3.77
Total Payments
Discharged
to 31.3.77
to 31.3.76
to 31.3.77
Discharged from 1.4.76
Total Discharged to 31.3.77
$
$
$
$
A. SOCIAL SERVICES
I. HOUSING
1 Housing Authority (a)
2 Hong Kong Housing Society:
(i) Completed Schemes
(ii) Urban Improvement Scheme
3 Local Government Officers ((b)
100
4 Hong Kong Building & Loan Agency Ltd:
(1) Share Capital (d)
(ii) Loan Capital, Debenture Issued
(ii) Guaranteed Notes
5 Hong Kong Settlers Housing Corporation Ltd
352,842,000 300,145,974.03 $2,696,000.00
146,018,214 146,018,212.04
100,000,000 29,000,000.00 50,000,000.00 176,000,000 163,623,721.30 4,600,000.00
31,260,000 31,082,165.43
3,375,000 3,375,000.00
8,954,000
40,000,000
10,000,000
8,954,000.00
33,000,000.00 7,000,000.00
9,500,000.00
868,449,214 724,699,072.80 114,296,000.00
II. EDUCATION
I Loans to Schools
2 Loans to Students (a)
III. MEDICAL
The Mother Superioress of the Daughters of
Charity of the Canossian Institute
B. ECONOMIC SERVICES
US 10|
174,360.57
174,360.57
Balance
at 31.3.77
$
$
300,145,974.03
300,145,974.03
2,000,000.00 2,082,914.52 10,274.21
146,018,212,04 23,217,809.31
31,000,000.00
2,471,852.98 25,689,662,29 120,328,549.75 31,000,000.00 165,706,635.82 75,733,963.41 7,429,282.60 83,163,246.01 82,543,389.81 31,092,439.64 10,375,801.34 1,203,242.86 11,579,044.20 19,513,395.44
3,375,000.00
8,954,000.00
33,000,000.00
9,500,000.00
4,093,188.73 728,792,261.53 109,327,574.06
3,375,000.00 8,954,000.00 6,000,000.00 6,000,000.00 27,000,000.00 9,500,000.00
17,104,378.44 126,431,952.50 602,360,309,03
161,300,000 141,649,933,80 3,728,000,00 1,398,210.00 96,097,000 53,979,663.83 1,835,000.00 23,400,000.00
257,397,000 195,629,597.63 5,563,000.00 24,798,210,00
4
5,126,210.00 146,776,143.80 86,645,423.31 5,200,850.18 91,846,273.49 54,929,870.31 1 & 3 (e)23,108,493.40 77,088,157.23
77,088,157.23
28,234,703.40 223,864,301.03 86,645,423.31 5,200,850.18 91,846,273.49 132,018,027,54
V
2,000,000 2,000,000.00
I. AIRPORT and HarboUR
1 The Cross Harbour Tunnel Co, Ltd (ƒ)
27,500,000 24,217,500.00
2 Hong Kong & Kowloon Wharf & Godown
Company, Ltd:
Ocean Terminal
26,900,000 26,900,000.00
3 Hong Kong Air Cargo Terminals Ltd:
Share Capital (g)
3,500,000 3,500,000,00
57,900,000 54,617,500.00
II. PRIMARY PRODUCTS
1 Fisheries Loans (a)
2 Kadoorie Agricultural Aid Loan Fund
III. TRADE
2,000,000.00 1,534,274.12
112,999.49
1,647,273.61
352,726.39
24,217,500.00
24,217,500.00
26,900,000.00 12,105,000.00 1,345,000.00
3,500,000.00
13,450,000.00 13,450,000.00
3,500,000.00
54,617,500.00 12,105,000.00 1,345,000.00 13,450,000.00
41,167,500,00
5,000,000
1,777,339.67 2,454,000.00 500,000 500,000,00
5,500,000 2,277,339.67 2,454,000.00
Cr. 510.390,75
1,266,948.92
500,000,00
Cr. 510,390,75
1,766,948.92
Hong Kong Export Credit Insurance Corporation
20,000,000 20,000,000.00
IV. DEVELOPMENT OF INDUSTRIAL ESTATES
Hong Kong Industrial Estates Corporation
V. INDUSTRIAL TRAINING
1 Construction Industry Training Authority
2 Clothing Industry Training Authority
C. COMMUNITY SERVICES
20,000,000.00
1,266,948.92 500,000.00
1,766,948.92
20,000,000.00
153,000,000
571,409.23 26,620,000.00
8,742,592,79 9,314,002.02
9,314,002.02
8,800,000 4,000,000
6,940,000,00
1,823,525.27 1,823,525.27
3,822,000,00
12,800,000
10,762,000.00
1,823,525.27
1,823,525,27
AMENITIES AND RELATED Services
1 Hong Kong Cricket Club:
(i) Turfing
(ii) Club House and Facilities
75,000
1,400,000
75,000.00 1,400,000.00
1,475,000
1,475,000.00
GRAND TOTAL (h)
1,378,521,214 1,001,269,919.33
159,695,000.00 24,972,570.57
Notes:
(a) These are revolving funds and are therefore shown net.
1,823,525.27
wwwww
1,823,525.27
75,000.00 1,400,000.00
5,690,09
6,031.50 44,387.98
1,475,000.00
5,690.09
50,419.48
11.721.59 44,387,98
56,109.57 1,418,890.43
63,278.41 1,355,612.02
42,383,619.44 1,043,653,538.77
209,617,961,58
23,813,647.59 233,431,609.17 810,221,929.60
(b) Co-operative Housing Loans at interest rates of 34% or 5% over 20 years.
(c) Housing schemes at Lung Cheung Road and Ngok Yue Shan and Co-operative Housing Societies at 7% p.a. over 20 years.
(d) 675,000 shares purchased at $5 each, together with 364,500 bonus shares, totalling 1,039,500 shares at $5 each. At $13.20 per share, the price quoted on 31 March 1977, these shares would have had a value of $13,721,400.00. (e) After deducting waiver of loans totalling $22,026.00.
24,217,500 shares of $1 each. At $10.50 per share, the price quoted on 31 March 1977, these shares would have had a value of $254,283,750,00.
(g) 35,000 shares of $100 each.
(h) Projects totalling $14,382,934.69 have been finalized and are not included in this statement.