xiv
1977
$ 97,542
LIABILITIES
Accumulated Funds
THE ROYAL ASIATIC SOCIETY
HONG KONG BRANCH
BALANCE SHEET AT 31ST DECEMBER, 1978
Balance at 1st January, 1978 Less: Excess of Expenditure over
HK$
1977
ASSETS
HK$
$ 94,733.41
$ 57,415
Quoted Investments (see note 2 below)
Cost at 1st January, 1978...
Balance at Banks
$ 57,415.09
2,808
Income in 1978
6,366.19
-11
+
57,410
Fixed Deposits
$ 40,000.00
4,909
Current Account
14,952.13
54,952.13
+++
$ 94,734
Balance of Accumulated Funds at
31st December, 1978 25,000 Sundry Creditors-Printing Charges
$ 88,367.22
24,000.00
$119,734
$112,367.22
$119,734
$112,367.22
NOTE:
Cost Market Value
+
HK$11,488.38 HK$ 6,167.70
5,961.17 22,614.20
15,126.80 77,616.00
8,638.74 14,025.00
16,200.00
17,325.00
HK$57,415.09 HK$137,747.90
1. Incomes from subscription are accounted for on cash basis.
2. Quoted Investments held at 31st December, 1978.
£700 stock 6% Commonwealth of Australia 1977/80
1,114 Shares China Light & Power Co. Ltd.
14,112 Shares Hong Kong Electric Co. Ltd.
2,750 'A' Shares Lane Crawford Ltd.
34,650 'B' Shares Lane Crawford Ltd.
++
+