against cost is made only where there has been a permanent diminution in value.

1997
1996
HK$
HK$

530,150
122,701
258,411

Unlisted unit trust investments, at cost 240,150

Value at 31 December

(3) APPROVAL OF ACCOUNTS

The accounts on pages 2 to 5 were approved by the Council on 24 March 1998.

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