ROYAL ASIATIC SOCIETY - HONG KONG BRANCH STATEMENT OF RECOGNISED GAINS AND LOSSES FOR THE YEAR ENDED 31 DECEMBER 1999

Gain (loss) recognised on revaluation of interests in other securities

Net surplus for the year

Total recognised gain

1999 1998 HK$ HK$ 148,848 (22,606) 117,697 93,695 266,545 71,089

Effect of change in accounting policy on adoption of SSAP 24

- Increase in accumulated funds at 1 January 1999

- Decrease in investment revaluation reserve at 1 January 1999

HK$ 140,055 (140,055)
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