ROYAL ASIATIC SOCIETY - HONG KONG BRANCH
BALANCE SHEET
AS AT 31 DECEMBER 1998
INVESTMENTS (Note 2)
1998 1997 HK$ HK$ 100,095 240,150 CURRENT ASSETS Stock of publications 36,086 53,837 Debtor 3,275 770 Fixed deposits 497,288 465,039 Bank balance - savings 23,486 22,314 Bank balance - current 40,688 12,871 Petty cash float 5,000 5,000 605,823 559,831 CURRENT LIABILITIES Accrued printing cost 256,800 305,800 Creditors 17,226 24,354 Subscriptions in advance 28,200 19,775 302,226 349,929 NET CURRENT ASSETS 303,597 209,902 403,692 450,052 Represented by: ACCUMULATED FUNDS 403,692 450,052 403,692 450,052The financial statements on pages 2 to 5 were approved by the Council of the Society on 19 March 1999 and signed on its behalf by:
HON TREASURER
PRESIDENT
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