300
LIABILITIES
Appendix XIII-Contd
(Chapter 3: Financial
Structure)
Development Loan Fund
Balance Sheet as at
31st March 1966
:
ASSETS
24,078,117.60
545,501,445.39
84,686.40 $545,586,131.79
$545,586,131.79
Kwun Tong Reclamation: Cost
Loan Projects:
Housing Loans Educational Loans Medical Loans
Miscellaneous Loans
Fisheries Loans
Investments
Fixed Deposits
Cash:
Crown Agents (£419.6.11.) At Bank
Joint Consolidated Fund (£27,000.0.0.)
Fund Account:
Balance as at 1st April 1965 (including proceeds of land sales,
Kwun Tong Reclamation, $86,297,670.53)
$518,919,037.64
Proceeds of Land Sales, Kwun Tong Reclamation, 1st April 1965
to 31st March 1966
2,504,290.15
Revenue Account
Add:
Appreciation on Investments
:
Note:
:
:
301
$418,645,811.60
$ 8,291,562.04
48,774,687.70
4,397,413.36 25,173,951.77 2,813,085.00
499,804,949.43
3,693,577.33
20,000,000.00
The Development Loan Fund holds 6,000 shares of a nominal value of $100 per share of which
in The Hong Kong Building and Loan Agency Limited, $25 per share has been paid up.
Summary of Receipts and Payments for 1965-6
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
Realization of Investments
LESS
2. Payments:
Loans
3. Deficit
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4.
F
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6,709.53 13,357,333.46 432,000.00
13,796,042.99
$545,586,131.79
$ 9,104,352.14
17,955,300.29
2,412,019.71
1,051,035.44
2,504,290.15
2,601,185.16
58,577.00
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$35,686,759.89
49,642,568.50
$13,955,808.61