LIABILITIES
Preferential creditors:
Total per statement of affairs, as adjusted... $ 278,892 Less: Amounts claimed and paid to date..
278,607
ASSETS
Cash and Bank balances: Cash in Hand:
Petty Cash Accounts Second Dividend Account
2,000
2,945
$
GA
285
4,945
Unclaimed dividends to unsecured creditors:
Unsecured creditors per statement of affairs (as adjusted) HK$150,630,685
Current Accounts with
Bankers:
Companies Liquidation
(C.T.) Account:
Current Account
$1,103,016
Dividend Account
74,436
First
Dividends declared
Second Dividend Dividend 25% 10% $37,657,671 $15,063,069
1,177,452
Deposits with Bankers: Fixed Deposits Call Deposits
$3,900,000 1,000,000
Less: Amounts claimed and
4,900,000
paid to date (less
$6,082,397
recoveries)
$
37,286,048 14,211,750. 371,623 $ 851,319
1,222,942
Deposits received from licensees and tenants of premises Excess of assets over liabilities as at 31st March 1970
$6,082,397
19,280
4,839,890
$6,082,397
92
Note: The foregoing Balance Sheet reflects:
(1) Only such Assets as had actually been realized up to 31st March 1970.
(2) Amounts due to Preferential and Unsecured Creditors irrespective of whether their claims had been admitted as at 31st March 1970, (3) Adjustments found, since 12th May 1965, to be necessary in respect of the accounts of Preferential and Un- secured Creditors reported in the Statement of Affairs as at that date.
W. HUME, Registrar General, (Official Receiver). 5th June 1970.