xiv
1986
LIABILITIES
Accumulated Fund
H.K. Currency
ROYAL ASIATIC SOCIETY
HONG KONG BRANCH
BALANCE SHEET AT 31ST DECEMBER 1987
1986
ASSETS
$ 87,358 Listed Investments, at cost
H.K. Currency
$ 90,913.60
$158,173
34,247 $123,926
Balance as at 1st January, 1987 Less: Excess of Expenditure over
Income in 1987
Balance as at 31st December 1987
$123,926.21
36,403.59
Accounts Receivable
87,522.62
Balance at Bank
75,000 Sundry Creditor - Printing Charges
for Journal
90,000.00
100,000
Fixed Deposits
Subscriptions (1988) received
7,810
Current Account
60,868.36 54,990.66
115,859.02
in advance
$198,926
29,250.00
$206,772.62
$198,926
$206,772.62
Notes: (1) Listed investments at 31st December 1987:
1,140 shares Hang Seng Bank Limited
4,620 shares Hong Kong Electric (Holdings) Company Limited 5,081 shares Hongkong & Shanghai Banking Corporation
Add: Cost of Rights issued..
4,620 shares Cavendish International Holdings Ltd..
(2) Subscription and interest incomes are accounted for on cash basis.
Dated: February 1988
D.A. Gilkes
Honorary Treasurer
Cost Market Value $34,272.00 $31,350.00 24,192.00 34,881.00 28,893.60 32,449.60 3,556.00 13,629.00 $90,913.60 $116,697.25