Dr.
TABLE XXIX
OFFICIAL TRUSTEE ACCOUNT
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST MARCH 1968
Cr.
RECEIPTS
PAYMENTS
Bank Balance as at 1st April 1967 Interest and dividends on investments, deposits and savings
$ 4,467
Payments to beneficiaries:
From Capital Account
accounts
Refund by Government of interest tax previously deducted... Proceeds of sale of $1,600 3% Savings Bonds 1960/70 Deposits cashed:
11,602
924
From Income Account
$23,271
1,519
$ 24,790
23,031
Deposit @ Call, Hong Kong
$43,500
Administration Expenses;
Legal costs for finalizing one Trust Miscellaneous
100
203
303
...
Deposit @ Call, London
Transfer from Savings Accounts
Realization of Savings Accounts
85,247
128,747
Purchase of:
16,558
19,667
+
320 shares in Hong Kong & Shanghai Banking Corporation
43,415
700 shares in Hong Kong Land Investment & Agency Co. Ltd.
21,252
1,300 shares in Hong Kong Electric Co. Ltd.
24,733
1,300 shares in Hong Kong Telephone Co.
Ltd.
24,764
114,164
Deposits in Savings Accounts
28,859
Fixed Deposit
Deposit at Call
Official Trustee's Commission
Bank Balance as at 31st March 1968
31,550
2,850
348
2,132
$204,996
$204,996
95
STATEMENT OF ASSETS AND LIABILITIES as at 31st March 1968
LIABILITIES
Trust Funds Capital Account Trust Funds-Income Account
ASSETS
$123,512
88,891
Investments:
£3,477.10.0 34% War Loan 1952 or after (book value)
$45,645
320 shares Hong Kong & Shanghai Banking Corporation (at cost)
43,415
700 share Hong Kong Land Investment & Agency Co. Ltd. (at cost)
21,252
1,300 shares Hong Kong Electric Co. Ltd. (at cost)
24,733
1,300 shares Hong Kong Telephone Co. Ltd.
(at cost)
24,764
$159,809
Deposits at Call, Hong Kong
5,850
Fixed Deposits, Hong Kong
31,550
Savings Accounts
13,062
Bank Balance as at 31st March 1968
2,132
$212,403
$212,403
Notes: (1) The figure in the above statement for the Investment in 34% War Loan 1952 or after takes account of the devaluation of sterling in November 1967.
(2) Market values for investments as at 31st March 1968 are as follows:
33% War Loan 1952 or after
£3,477.10.0
320 shares
700 shares
1,300 shares
Hong Kong & Shanghai Banking Corporation Hong Kong Land Investment & Agency Co. Ltd. Hong Kong Electric Co. Ltd.
50
$130.50
@$130.875 @$ 18.35
$ 25,291
41,760
21,612
23,855
1,300 shares
Hong Kong Telephone Co. Ltd.
@$ 18.25
why
23,725
$136,243
D. G. BRITTON,
Director of Audit.
CERTIFICATE OF THE DIRECTOR OF AUDIT
W. HUME, Registrar General, (Official Trustee). 19th September 1968.
The above Statement of Assets and Liabilities and the accompanying Statement of Receipts and Payments have been examined in accordance with Colonial Regulation 257. I have obtained all the information and explanations that I have required, and I certify, as a result of this audit, that in my opinion the Statements are correct.
AUDIT DEPARTMENT,
Hong Kong, 26th September 1968.
1
TABLE XXX
MARRIAGE REGISTRY
COMPARISON WITH PREVIOUS YEARS