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5 -
Exchange Fund Income and Expenditure Account for the year ended 31 December 1996
INCOME
Investment income
Licence fees
Others
TOTAL INCOME
EXPENDITURE
Note and coin expenses
Operating expenses
Interest
TOTAL EXPENDITURE
SURPLUS FOR THE YEAR
1996 HK$ MILLION
1995 HK$ MILLION
25,384
46,734
173
176
23
104
25,580
47,014
165
352
518
440
12,169
11,862
12,852
12,654
12,728
34,360
STATEMENT OF ACCUMULATED SURPLUS
Accumulated surplus brought forward
160,134
125,774
Surplus for the year
12,728
34,360
ACCUMULATED SURPLUS
CARRIED FORWARD
End
172,862
160,134