Exchange Fund Balance Sheet
as at 31 December 1996
ASSETS
Cash and short-term funds
Fixed deposits
Certificates of deposit
Investment
Fixed assets
Other assets
Total Assets
1996
HKS MILLION
1995 HK$ MILLION
126,648
100,343
63,401
76,830
64,065
23,657
270,869
250,702
166
58
9.368
9,144
534,517
460,734
Total Assets (by allocation):
Foreign currency assets
493,802
428,547
Hong Kong dollar assets
40,715
32,187
534,517
460,734
LIABILITIES
Certificates of Indebtedness
82,480
77,600
Coins in circulation
4,164
3,597
Balance of banking system
474
1,762
Exchange Fund Bills and Notes
83,509
53,125
Fiscal Reserves Account
145,898
125,916
Placements by other institutions
39,125
34,302
Other liabilities
6,005
4,298
Total Liabilities
361,655
300,600
NET ASSETS
172,862
160,134
REPRESENTING ACCUMULATED
SURPLUS
172,862
160,134