292
Appendix
(Chapter 3: Financial
Development
Balance Sheet as at
XIII-Contd
Structure)
Loan Fund 31st March 1965
LIABILITIES
Kwun Tong Reclamation: Cost
Loan Projects:
Housing Loans Educational Loans
Medical Loans
Miscellaneous Loans
Fisheries Loans
Investments
Fixed Deposits
ASSETS
Joint Consolidated Fund (£424,000.0.0)
Cash:
214,037.80
$518,919,037.64
Crown Agents (£882.18.2) At Bank
Balance as at 1st April 1964 (including proceeds of land sales,
Kwun Tong Reclamation, $75,977,796.15)
Proceeds of Land Sales, Kwun Tong Reclamation, 1st April 1964
to 31st March 1965
Revenue Account
$339,906,458.63
10,319,874,38
168,478,666.83
518,704,999.84
Fund Account:
Add:
Appreciation on Investments
$518,919,037.64
:
293
$401,033,940.25
38,016,644.34
4,627,184.66
12,798,655.82
$ 8,291,562.04
2,790,308.00 459,266,733.07
8,396,474.66
20,000,000.00
14,126.53
16,166,141.34 6,784,000.00
22,964,267,87
$518,919,037.64
Notes: Government holds 6,000 shares in The Hong Kong per share of which $15 per share has been paid up,
Building and Loan Agency Ltd, of a nominal value of $100 as a result of expenditure from the Development Loan Fund.
:
:.
:
Summary of Receipts and
Payments for 1964-5
:
:
E
:
:
:
1. Receipts:
Loan repayments
Interest on Loans
Interest on Investments and Balances
Interest on Land sales premia
Land sales premia, Kwun Tong Reclamation
Proceeds of Former Enemy Property
Transfer from Exchange Fund Surplus
LESS
2. Payments:
Loans
Interest paid
Kwun Tong Reclamation-expenditure
Realization of Investments
3. Surplus
:
:
:
:
:
:
:
:
:
:
:
:
:
$ 7,535,193.19
15,711,374.79
2,307,996.16
1,346,588.13
10,319,874.38
89.41
150,000,000.00
$187,221,116.06
:
:
:
:
:
:
:
:
:
:
:
:
:
:
:
:
75,628,179.14
873,264.59
2,324.72
14,117.07
76,517,885.52
$110,703,230.54
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