CONFIDENTIAL

33 -

7.

CASH AND SHORT-TERM FUNDS

1987 HK$'000s

1986 HK$'000s

(1)

Cash at banks

1,179,550

261,598

(ii) Money at call and short notice

11,355,294

7,374,833

(iii) Treasury bills, bankers'

acceptances, promissory notes,

repurchase agreements and central bank facility (at cost)

4,388,932

4,027,030

(iv) Negotiable certificates

of deposit (at market value)

823,586

686,400

17,747,362

12,349,861

===

A currency analysis of the figures at (i) and (ii) is given in the

following tables:

(1) CASH AT BANKS

1987 HK$'000s

1986 HK$ '000s

Canadian dollars

163,936

13,006

Deutsche marks

2,980

2,072

H.K. dollars

1,010,036

245,031

Japanese yen

Sterling

1,175

469

909

583

U.S. dollars

514

437

1,179,550

261,598

(ii)

MONEY AT CALL AND SHORT NOTICE

1987 HK$'000s

1986 HK$'000s

Canadian dollars

6,639

13,226

Deutsche marks

216,628

71,652

Dutch guilders

59,414

26,258

H.K. dollars

422,346

455,581

Japanese yen

301,151

170,694

Sterling

479,742

100,422

Swiss francs

28,005

16,736

U.S. dollars

9,841,369

6,520,264

11,355,294

7,374,833

CONFIDENTIAL

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