ANNEXURE I.
MISALLOCATIONS BROUGHT TO NOTICE TOO LATE FOR ADJUSTMENT. IN THE ACCOUNTS FOR THE FINANCIAL PERIOD 1946/47
A.- MISALLOCATIONS AFFECTING THE ACCOUNTANT GENERAL'S ACCOUNTS.
173
CHARGED TO
HEAD
SUBHEAD
Deposits
Colonial Office
Loans to Local Bodies
Fisheries Co-operative Hong Kong University
Advances
AMOUNT
12,000,000.00
250,000.00 480,000.00
SHOULD HAVE BEEN CHARGED TO HEAD
SUBHEAD
New Revenue Head: Grants from Imperial Government
New Expenditure Head: Loans to Local Bodies.
New Expenditure Head: Colonial Development & Welfare Expenditure
Advances
Colonial Development & Welfare Act Scheme "R. 94 Fisheries Research"
2,447.30
Imprests
Currency Funds
Note Security Fund
Government Agent, Calcutta.
89,046.69
355,000.00
Currency Funds
Fisheries Co-operative Hong Kong University
Scheme "R.94 Fisheries Research"
AMOUNT
12,000,000.00
800.00
250,000.00 480,000.00
2,447.30
Government Agents,
89,046.69
Culcutta.
Overprinted Note Security Fund
355,000.00
B.- MISALLOCATIONS AFFECTING THE MANNER IN WHICH THE ACCOUNTANT GENERAL'S ACCOUNTS ARE CLASSIFIED IN STATEMENTS OF ACCOUNTS ETC.
ACCOUNTANT GENERAL'S ACCOUNTS
HEAD OR ACCOUNT
SUBHEAD OR ACCOUNT
General Revenue
Balance
Deficit for 1946/47
AMOUNT
3,480,834.74
STATEMENT OF ACCOUNT ETC.- HEAD OR ACCOUNT
Statement of Assets & Liabilities
General Revenue
SUBHEAD OR ACCOUNT
Deficit during 1946/47 (includes excess of 1941 Liabilities over Assets $2,000)
AMOUNT
3,482,834.74
Cash on hand Cash at Bank
795,703.56 8,343,004.72
Cash in Hand
Treasury No.1 Account
Investments
Hong Kong Government
34 Loan
5,559,000.00
Investments
Miscellaneous Funds
9,138,708.28
5,559,000.00
Investments
Fixed Deposit
1,689,000.00
Investments
Miscellaneous Funds
1,689,000.00
Statement of Balances (excluding Special Fund etc.)
General Revenue
Balance
Expenditure 1946/47
85,622,390.78
General Revenue Balance
Expenditure (includes excess of 1941 Liabi- lities over Assets
$2,000)
Annual Abstract Account A. Receipts.
85,624,390.78
Deposits
Cash Balance B.M.A.
Education Scholar-
Ship Fund
Special Funds
1941 Accounts
Note Security Fund
Currency Funds
1941 Account
Subsidiary Note
34,994,692.53
16,677,344.52
Deposits
51,672,037.05
Included under Deposits
51,672,037.05
11,301.71
Education Scholarship
68,301.71
Fund
227,000.00
857,000 included under Education Scholarships S.C.A. Funds:
68,301.71
Chinese Public
Dispensaries
6,000.00
District Watchmen
58,000.00
Passage Fund
6,000.00
China Provident Loan
& Mercantile Co.
100,000.00
3,517,092.57
Note Security Fund
9,117,092.57
7,250,000.00
185,600,000 included under Note Security Fund |Overprinted Note Security
7,250,000.00
Fund
$1,250,000 included under Subsidiary Note
Security Fund
}
1,003,478.65
Subsidiary Note Security Fund
400,000.00
2,253,478.65
2,253,478.65
80,920,000.00
Security Fund
Special Fund (Banking
& Insurance Companies
83,998,784.55
Banking & Insurance
Companies
Grant Schools Provid-
ent Fund
Supreme Court
Official Administration
138,623.75
2,940,160.80
Page 160Page 161
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