CONFIDENTIAL
24
THE EXCHANGE FUND
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 1987
Note
1987 HK$'000s
1986 HK$*000s
INCOME
Note
1987 HK$'000s
1986 HK$'000s
Note and coin expenses
13
71,014
Administration expenses
14
19,674
Bank rescue operations
15
189,976
Interest
16
1,183,246
82,638
15,963
205,203
878,593
Interest
18
Dividends
19
6,718,164
379,171
5,609,570
221,956
Money market operations
979
Sale of withdrawn coins
20
20
195
304
Money market operations
17
233
Gross surplus carried down
5,633,387
4,650,412
7,097,530
5,832,809
7,097,530
======
=========
5,832,809
===版=====
Investment losses
Surplus for the year
transferred to Accumulated
Surplus Account
21
794,164
14,366,8
846
15,161,010
11,473,224
11,473,224
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Gross surplus brought down
5,633,387
4,650,412
Investment gains
669,025
Exchange gains
22
22
9,527,623
15,161,010
6,153,787
11,473,224
CONFIDENTIAL
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