XV
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER, 1978
HK$ 1977 HK$ $15,300.00 $ 3,450 Life Memberships (Note 1) 17,588 Annual Memberships (Note 1) 5,720 Sales of Publications +++ $ 1,040.00 19,313.92 6,458.38 +++ +++ + 2,920.00 6,600.00 1,064.15 2,850 Receipts from Members for Activities 2,843 Bank Interest Received 5,231 Dividends Received 2,400.00 ... 1,602.34 +++ 5,795.89 225 Sundry Receipts 403.03 +++ 762.00 Tours-Amount received 1977 $19,200 3,270 Journal and other Publication Expenses ** Activity Expenses (Annual General Meeting, Dinner, Symposium and Outings) 7,200 Secretarial Assistance Office Equipment H 500 Purchase of Books +++ Sundry Expenses (Printing, Stationery, Postage, Stamp Duty, Telephone, etc.) 6,545 9,253.60 4,000 Annual Subscription to Hong Kong Arts Centre 4,060.00 Rent for Library in Hong Kong Arts Centre HI $40,715 3,420.00 $43,379.75 2,808 $40,715 from Members $103,700 ** Amount paid out 103,700 Balance, being Deficit of Expenditure over Income transferred to Accumulated Funds +++ 6,366.19 $43,379.75D. A. GILKES, Hon. Treasurer.
REPORT OF THE HON. AUDITORS TO THE MEMBERS OF ROYAL ASIATIC SOCIETY, HONG KONG BRANCH
In our opinion, the above Balance Sheet is properly drawn up so as to exhibit a true and fair view of the Society's affairs at 31st December 1978 and of its income and expenditure for the year ended on that date.
Wong, Tan & Co., Hon. Auditors, Chartered Accountants, Certified Public Accountants, Hong Kong.
22nd March, 1979.