19

THURSDAY, JUNE 23, 1994

SOME

470

IN THE COMMUNICATION INDUSTRY, THERE WERE ESTABLISHMENTS IN OPERATION IN 1992, AN INCREASE OF 12% OVER 1991. THESE INCLUDE TELEPHONE, TELEGRAPH, COURIER AND RADIO-PAGING COMPANIES.

TOTAL RECEIPTS GENERATED BY THESE ESTABLISHMENTS $26.1 BILLION, WHICH WAS 22% HIGHER THAN 1991.

AMOUNTED TO

THE GROSS SURPLUS OF THE INDUSTRY ACCOUNTED FOR 41.6% OF THE TOTAL RECEIPTS, A DECREASE OF 1.1 PERCENTAGE POINT FROM THE FIGURE FOR 1991.

IN

THE TOTAL VALUE ADDED OF THESE ESTABLISHMENTS WAS $15.5 BILLION 1992, REPRESENTING AN INCREASE OF 22% OVER 1991. IT ACCOUNTED 59.5% OF THE TOTAL RECEIPTS, AND WAS 0.2 PERCENTAGE POINTS HIGHER THAN THE FIGURE FOR 1991.

IN THE INSURANCE INDUSTRY, WHICH INCLUDES GENERAL INSURERS, LIFE INSURERS AND INSURANCE AGENTS, THERE WERE SOME 1,850 ESTABLISHMENTS IN OPERATION IN 1992, A DECREASE OF 4% UNDER 1991.

THE INSURANCE INDUSTRY GENERATED $28.6 BILLION OF TOTAL RECEIPTS IN 1992, AN INCREASE OF 20% OVER 1991.

IN THE FINANCING (EXCEPT BANKING) INDUSTRY, THERE WERE ESTABLISHMENTS OPERATING IN 1992.

3,800

CREDIT

THIS INDUSTRY COMPRISES LOAN AND MORTGAGE COMPANIES, INSTITUTIONS, FINANCE LEASING, PAWNSHOPS, INVESTMENT AND HOLDING COMPANIES, SECURITIES, FUTURES AND GOLD BULLION BROKERS AND DEALERS, MONEY CHANGERS AND FOREIGN EXCHANGE BROKERS AND DEALERS.

THE SURVEY DID NOT INCLUDE BANKING INSTITUTIONS AND DEPOSIT- TAKING COMPANIES WHICH WERE SEPARATELY COVERED UNDER THE 1992 SURVEY OF BANKS, DEPOSIT-TAKING COMPANIES, RESTRICTED LICENCE BANKS AND REPRESENTATIVE OFFICES OF FOREIGN BANKS.

THE RESULTS OF THE LATTER SURVEY WERE PUBLISHED IN THE MARCH 1994 ISSUE OF THE HONG KONG MONTHLY DIGEST OF STATISTICS.

THE FINANCIAL (EXCEPT BANKING) INDUSTRY GENERATED $70.2 BILLION OF TOTAL RECEIPTS, A SMALL INCREASE OF 3% OVER 1991.

THE GROSS SURPLUS OF THE FINANCING (EXCEPT BANKING) INDUSTRY ACCOUNTED FOR 57.2% OF THE TOTAL RECEIPTS. COMPARED WITH 1991, THIS WAS 3.1 PERCENTAGE POINTS HIGHER.

THE OPERATING EXPENDITURE OF THESE ESTABLISHMENTS ACCOUNTED FOR 42.8% OF THE TOTAL RECEIPTS, A DECREASE OF 3.1 PERCENTAGE POINTS FROM THE FIGURE FOR 1991.

THE TOTAL VALUE ADDED CALCULATED FOR THE INDUSTRY, WHICH DID NOT INCLUDE THAT OF INVESTMENT AND HOLDING COMPANIES OWING TO THE SPECIAL FEATURES OF THEIR BUSINESS OPERATIONS, INCREASED BY 35% $7.5 BILLION IN 1992.

ΤΟ

/IT ACCOUNTED

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