ROYAL ASIATIC SOCIETY - HONG KONG BRANCH INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 1999
1999 1998 HK$ HK$ Total income (Schedule 1) 272,947 285,762 Total expenditure (Schedule 2) 155,250 192,067 Net surplus for the year 117,697 93,695 Accumulated funds at 1 January - as previously reported 403,692 450,052 - prior period adjustment 140,055 - - as restated 543,747 450,052 Accumulated funds at 31 December 661,444 543,747 1999 1998 HK$ HK$ SCHEDULE 1 TOTAL INCOME SUBSCRIPTIONS Life memberships 8,300 4,700 Annual memberships 196,430 160,405 204,730 165,105 ORGANISED ACTIVITIES Income from participants 324,153 252,409 Expenses 581,363 495,883 71,744 85,480 35TH ANNIVERSARY PUBLICATION Sales 4,160 3,205 Expenses 2,704 2,496 1,456 709 HONG KONG GOING & GONE Sales 2,460 11,895xxvii