ASSETS:
STATEMENT OF ASSETS AND LIABILITIES AS AT 31st MARCH, 1950.
LIABILITIES:
2
DEPOSITS:-
CASH:-
Colonial Development & Welfare Schemes
$ 257,215.36
At Bank
Contractors
626,891.00
In Hand
Government Servants
1,882,392.55
With Crown Agents (£55-14-7)
$31,974,815.85
2,373,587.80
891.67
Land Sales
1,062,381.00
1941 Advances Recovered
2,921,312.04
Sub Total:
34,349,295.32
Other Administrations
4,440,881.70
Refund of Relief Loans (China)
2,635,351.10
Joint Colonial Fund (£3,325,000)
53,200,000.00 $87,549,295.32
Water Deposits
2,405,356.84
Miscellaneous
4,857,802.85 $ 21,089,584.44
Fixed Deposit Account
IMPRESTS:-
50,000,000.00
366.85
Supplies and Distribution
.(a)
49,673,891.78
SUSPENSE:-
Kowloon Canton Railway Miscellaneous
173,573.42
884,342.06 50,731,807.26
Supplies and Distribution
Kowloon Canton Railway
Miscellaneous
(b).
22,667,590.53
223,041.60
441,446.01
23,332,078.14
SUSPENSE:-
SPECIAL FUNDS:-
Education Scholarships Fund ......
Grant Schools Building Depreciation Fund Grant Schools Provident Fund
S.C.A. Chinese Public Dispensaries Fund S.C.A. District Watchmen Fund
75,867.80
245,220.60
846,148.76
5,940.00
ADVANCES:-
Currency Fund
313,513.99
Other Administrations
878,451.72
57,420.00
Pending Raising of Loan
59,434,976.83
Water Works Renewals & Improvement Fund Revenue Reward Fund
1,506,064.22
Personal
708,472.24
200,000.00
Miscellaneous
855,995.28
62,191,410.06
Total Liabilities:
74,758,053.08
£5
GENERAL REVENUE BALANCE ACCOUNT:-
Balance at 1st April, 1949
$72,143,683.25
Add Surplus from 1st April, 1949
to 31st March, 1950
Deduct net depreciation on
Investment
$82,128,816.92
119,657.60
INVESTMENTS:-
SPECIAL FUNDS:-
Education Scholarships Fund-
Fixed Deposit
82,009,159.32
154,152,842.57
H.K. Govt. Loan
6,000.00
40,590.00
Sterling Investments (£58-18-4)
942.67
47,532.67
Grant Schools Building Depreciation Fund-
Sterling Investments (£15,011-3-3)
240,178.60
Grant Schools Provident Fund-
Sterling Investments (£51,720-9-4)
827,527,47
S.C.A. Chinese Public Dispensaries Fund-
H.K. Govt. Loan
5,940.00
S.C.A. District Watchmen Fund-
H.K. Govt. Loan
57,420.00
Water Works Renewals & Improvement Fund-
Sterling Investments (£62,382-18-2) Surplus Balances:—
998,126,54
H.K. Govt. 31% Dollar Loan
3,661,020.00
Total:
$228,910,895.65
Total:
$228,910,895.65
THE TREASURY,
Notes:-Government holds 210 shares at a nominal value $500.00 per share in Messrs. Noronha & Co., Ltd. and 16,290 shares at a nominal value of $100 per share in Messrs. Associated Properties Ltd.
(a) Represents total of credit balances on various accounts under this head.
(b) Represents total of debit balances on various accounts under this head.
Hong Kong, 21st August, 1950.
R. C. LEMMON,
Accountant General.
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