10. GOLD.
Quantity
Market value
CONFIDENTIAL
-
- 38 -
-
Valuation price (a troy ounce)
1987 troy ounces
1986 troy ounces
179,641.155
207,409.458
HK$ '000s
HK$'000s
681,684
632,396
USD486.50 (HKD3,794.70)
USD390.90 (HKD3,049.02)
Of the 179,641.155 fine ounces of gold stock in hand, a total of 160,277.869 fine ounces was deposited with U.K. financial institutions at an average interest rate of 0.40 percent per
annum.
11. LOANS
1987
1986
HK$'000s
HK$'000s
(i) The Ka Wah Bank Limited
1,972,315
1,958,384
(ii) First Pacific Bank Limited
(iii) The Hong Kong Futures Guarantee
Corporation Limited
152,261
1,000,000
CONFIDENTIAL
3,124,576
1,958,384
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