Estimates-1952 — Page 4

Add Surplus from 1st April, 1949

GENERAL REVENUE BALANCE ACCOUNT:-

Balance at 1st April, 1949

to 31st March, 1950

Deduct net depreciation on

Investment

$72,143,683.25

$82,128,816.92

119,657.60

82,009,159.32 154,152,842.57

INVESTMENTS:-

SPECIAL FUNDS:

Education Scholarships Fund-

Fixed Deposit

6,000.00

H.K. Govt. Loan

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)

998,126.54

Surplus Balances:-

H.K. Govt. 31% Dollar Loan

3,661,020.00

Total:

$228,910,895.65

Total:

$228,910,895.65

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.

THE TREASURY,

Hong Kong, 21st August, 1950.

(a)

(b)

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

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

R. C. LEMMON,

Accountant General.

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