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SUNDAY, OCTOBER 31, 1982
FOR THOSE WHO CAN NO LONGER LIVE WITH THEIR FAMILIES OR ON THEIR OWN FOR HEALTH OR OTHER REASONS, RESIDENTIAL FACILITIES, SUCH AS HOSTELS IN PUBLIC HOUSING PREMISES, ARE PROVIDED. SPECIAL ATTENTION IS GIVEN TO ORGANISING VARIOUS CULTURAL AND RECREATIONAL PROGRAMMES OR INTEREST GROUP ACTIVITIES TO ENSURE THAT THE RESIDENTS DO NOT FEEL SOCIALLY ISOLATED OR UNWANTED.
AT THE SAME TIME, PUBLIC EDUCATION ON THE AGING PROCESS IS BEING PROMOTED SO THAT GROWING OLD AND THE ASSOCIATED SENSE OF INCREASING DEPENDENCY, PHYSICALLY, EMOTIONALLY AND SOCIALLY, IS ACCEPTED BY ALL AS A NATURAL PROGRESSION. THE LEAST THE COMMUNITY CAN DO FOR OUR ELDERLY CITIZENS IS TO ACCORD THEM THE OPPORTUNITY AND THE MEANS TO ENJOY A DIGNIFIED OLD AGE.
CARITAS IS, OF COURSE, A TRADITIONAL PROVIDER OF SERVICES FOR THE ELDERLY AND I AM SURE THAT IT WILL SPARE NO EFFORT IN CONTINUING WITH ITS WORK IN THIS VERY WORTHWHILE FIELD.
AND NOW, WITHOUT FURTHER ADO, LET ME DECLARE THE BAZAAR OPEN SO THAT WE MAY PROCEED TO ENRICH THE COFFERS OF CARITAS TO HELP IT FUND THE MANY VARIED SERVICES IT PROVIDES.
STATISTICS ON FINANCING SECTOR
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THE CENSUS AND STATISTICS DEPARTMENT TODAY PUBLISHED THE PROVISIONAL RESULTS ON THE FINANCING SECTOR OF THE BENCHMARK ECONOMIC CENSUS CONDUCTED IN 1981 ON THE STORAGE, COMMUNICATIONS, FINANCING, INSURANCE AND BUSINESS SERVICES SECTORS FOR THE REFERENCE YEAR 1980. THE PROVISIONAL RESULTS ON THE STORAGE, COMMUNICATIONS AND INSURANCE SECTORS WERE RELEASED IN EARLY OCTOBER.
APART FROM BANKS AND DEPOSIT-TAKING COMPANIES (WHICH WERE COVERED BY A SEPARATE SURVEY OF BANKS AND DEPOSIT-TAKING COMPANIES), THERE WERE 1 847 FINANCIAL ESTABLISHMENTS IN OPERATION DURING THE WHOLE OR PART OF 1980, WITH A WORKFORCE OF 15 582 PERSONS. THESE ESTABLISHMENTS GENERATED $8 417 MILLION OF INCOME AND RECEIPTS.
TOTAL EXPENSES INCURRED BY THE FINANCING SECTOR WERE ESTIMATED TO BE $2 578 MILLION, OF WHICH 25 PER CENT WERE SPENT ON COMPENSATION OF EMPLOYEES, 49 PER CENT ON RENT AND RATES ON LAND AND BUILDINGS RENTALS FOR EQUIPMENT AND MACHINERY AND INTEREST ON OPERATING LOANS, 26 PER CENT ON REPAIR AND MAINTENANCE, PURCHASES OF GOODS, SUPPLIES, FUELS, WATER, ELECTRICITY AND OTHER SERVICES. CAPITAL STOCK AT THE END OF 1980 WAS WORTH $506 MILLION, WITH $60 MILLION AS DEPRECIATION OVER THE YEAR, AND $133 MILLION AS GROSS ADDITIONS TO FIXED ASSETS WHICH WERE ACQUISITIONS OF FIXED ASSETS LESS PROCEEDS FROM RE-SALE OF FIXED ASSETS.
/A STATISTICAL