CO129-623-9 Estimates of Expenditure- includes a report for the year ending March 1952 1-2-1951 - 30-11-1951 — Page 66

ASSETS:

STATEMENT OF ASSETS AND LIABILITIES AS AT 31st MARCH, 1950.

LIABILITIES:

2

DEPOSITS:-

CASH:-

Colonial Development & Welfare Schemes

$ 257,215.36

At Bank

Contractors

626,891.00

In Hand

Government Servants

1,882,392.55

With Crown Agents (£55-14-7)

$31,974,815.85

2,373,587.80

891.67

Land Sales

1,062,381.00

1941 Advances Recovered

2,921,312.04

Sub Total:

34,349,295.32

Other Administrations

4,440,881.70

Refund of Relief Loans (China)

2,635,351.10

Joint Colonial Fund (£3,325,000)

53,200,000.00 $87,549,295.32

Water Deposits

2,405,356.84

Miscellaneous

4,857,802.85 $ 21,089,584.44

Fixed Deposit Account

IMPRESTS:-

50,000,000.00

366.85

Supplies and Distribution

.(a)

49,673,891.78

SUSPENSE:-

Kowloon Canton Railway Miscellaneous

173,573.42

884,342.06 50,731,807.26

Supplies and Distribution

Kowloon Canton Railway

Miscellaneous

(b).

22,667,590.53

223,041.60

441,446.01

23,332,078.14

SUSPENSE:-

SPECIAL FUNDS:-

Education Scholarships Fund ......

Grant Schools Building Depreciation Fund Grant Schools Provident Fund

S.C.A. Chinese Public Dispensaries Fund S.C.A. District Watchmen Fund

75,867.80

245,220.60

846,148.76

5,940.00

ADVANCES:-

Currency Fund

313,513.99

Other Administrations

878,451.72

57,420.00

Pending Raising of Loan

59,434,976.83

Water Works Renewals & Improvement Fund Revenue Reward Fund

1,506,064.22

Personal

708,472.24

200,000.00

Miscellaneous

855,995.28

62,191,410.06

Total Liabilities:

74,758,053.08

£5

GENERAL REVENUE BALANCE ACCOUNT:-

Balance at 1st April, 1949

$72,143,683.25

Add Surplus from 1st April, 1949

to 31st March, 1950

Deduct net depreciation on

Investment

$82,128,816.92

119,657.60

INVESTMENTS:-

SPECIAL FUNDS:-

Education Scholarships Fund-

Fixed Deposit

82,009,159.32

154,152,842.57

H.K. Govt. Loan

6,000.00

40,590.00

Sterling Investments (£58-18-4)

942.67

47,532.67

Grant Schools Building Depreciation Fund-

Sterling Investments (£15,011-3-3)

240,178.60

Grant Schools Provident Fund-

Sterling Investments (£51,720-9-4)

827,527,47

S.C.A. Chinese Public Dispensaries Fund-

H.K. Govt. Loan

5,940.00

S.C.A. District Watchmen Fund-

H.K. Govt. Loan

57,420.00

Water Works Renewals & Improvement Fund-

Sterling Investments (£62,382-18-2) Surplus Balances:—

998,126,54

H.K. Govt. 31% Dollar Loan

3,661,020.00

Total:

$228,910,895.65

Total:

$228,910,895.65

THE TREASURY,

Notes:-Government holds 210 shares at a nominal value $500.00 per share in Messrs. Noronha & Co., Ltd. and 16,290 shares at a nominal value of $100 per share in Messrs. Associated Properties Ltd.

(a) Represents total of credit balances on various accounts under this head.

(b) Represents total of debit balances on various accounts under this head.

Hong Kong, 21st August, 1950.

R. C. LEMMON,

Accountant General.

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