RAS-1963

HON. TREASURER'S REPORT

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDING

31st December, 1962

7

EXPENDITURE INCOME Sundry Expenses (including Lecture expenses) $1,481.65 Annual Membership Fees for 1962 $4,779.55 Journal Costs $5,123.50 Annual Membership Fees for 1963 paid in 1962 $23.42 Surplus: Excess of Income over Expenditure $1,708.18 Life Membership Fees 1962 $1,380.00 Interest on Investments & Deposits $1,108.31 Sales of Journals and Articles $911.75 Sundry Receipts $110.30 $8,313.33 $8,313.33

BALANCE SHEET AS AT 31ST DECEMBER, 1962

LIABILITIES ASSETS Surplus 31st December, 1961 $21,127.44 Investments at cost $16,247.25 Excess of Income over Expenditure in 1962 $1,708.18 Cash on Deposit $5,000.00 Cash at Bank $1,569.72 Cash in Hand $18.65 $22,835.62 $22,835.62

INVESTMENTS

40 Shares H. & S. B. C., London Register @ £17 £500 6% Commonwealth of Australia 1977/80 @ 103

£680.0.0.

515.0.0.

£1,195.0.0.

@ 1/3 = $19,120.00

(Signed) A. M. MACK,

(Signed) T. J. Lindsay,

Hon. Auditor.

Hon. Treasurer.

Hong Kong, 28th February, 1963.