# THE ROYAL ASIATIC SOCIETY HONG KONG BRANCH
## BALANCE SHEET AT 31ST DECEMBER, 1979
### ASSETS
QUOTED INVESTMENTS (see note 2 below)
Cost at 1st January, 1979 $57,415.00
Add: Purchase of Rights Shares:
China Light & Power Co., Ltd. $3,330.00
Purchase of Reg. Warrants:
Hong Kong Electric Co., Ltd. $8,465.00
$69,210.00
Deduct: Cost of shares sold:
3,025 shares of Lane Crawford "A" $(6,366)
$62,844.00
### QUOTED INVESTMENTS AT COST
Lane Crawford "A" $8,638.74 38,115 shares of Lane Crawford "B" $2,453.55 $16,200.00 $24,838.74 $88,367.00### BALANCE AT BANKS
Fixed Deposits $88,906.32 Deposit at Call $5,545.63 Current Account $1,359.28 $95,811.23### LIABILITIES
SUNDRY CREDITORS $24,000
Printing Charges for Journal $27,000.00
$14,952
$112,367
$40,000
### ACCUMULATED FUNDS
Balance as at 1st January, 1979 $88,367.22
Add Surplus on Sales of Shares:
1978 $94,733
Lane Crawford "A" $12,494.96
38,115 shares of Lane Crawford "B" $9,866.85
$22,361.81
Excess of Income over Expenditure in 1979 $24,838.74
$113,182.58
Balance of Accumulated Funds at 31st December, 1979 $44,371.35
$140,182.58 $112,387
$140,182.58
D. A. GILKES, Hon. Treasurer
## NOTE:
1. Incomes from subscription are accounted for on cash basis.
2. Quoted Investments held at 31st December, 1979.
£700 Stocks 6% Commonwealth of Australia_1977/80 Cost HK$11,488.38 Market Value HK$7,063.35 1,781 Shares China Light & Power Co. Ltd. $9,291.17 $38,647.70 16,934 Shares Hong Kong Electric Co. Ltd. $15,126.80 $104,144.10 1,693 Shares Hong Kong Electric Co. Ltd. Reg Warrants HK$10 1988/92 $8,465.00 $8,465.00 $44,371.35 $158,320.15