Estimates-1962 — Page 8

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STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1960

LIABILITIES

ASSETS

DEPOSITS :---

$

C.

CASH :-

Contributions towards Building Projects...

5,173,602.50

In Hand:

Control of Publications

780,000.00

Treasury

$2,215,994.14

Other Government

Development Loan Fund

3,168,281.48

Departments

199,242.49

Government Servants

1,926,324.77

Miscellaneous...

21,225,225.69

Crown Agents (£586.17.5)

At Bank:

9,389.93

2,424,626.56

Motor Vehicles Insurance Third Party

200,000.00

Public Works Department

Works Account

Private

1,403,217.64

Water Deposits

8,944,783.85

42,821,435.93

Treasury

6,280,569,24

Other Government

Departments

1,155,627.01

7,436,196.25

Joint Consolidated Fund (£1,060,000.0.0)...

16,960,000,00

26,820,822.81

Other Administrations

126,693.58

Colonial Development and Welfare Schemes

152,558.32 43,100,687.83

FIXED DEPOSITS

60,000,000,00

86,820,822.81

SUSPENSE-Kowloon-Canton Railway

31,261.62

IMPRESTS

REVENUE EQUALIZATION FUND

138,014,760.94

SURPLUS BALANCES :-

Investment:

264,000.00

GENERAL REVENUE BALANCE :--

Federation of Malaya 44% Stock

1964/74 (M$4,675,000.00)

8,726,666.67

Balance 1st April, 1959

461,011,096.93

Less Deficit from 1st April, 1959

to 31st March, 1960

Federation of Malaya 4% Stock

1965/75 (M$5,785,875.00)

10,800,300.00

45,318,994,21

415,692,102.72

Hong Kong Government 34% Dollar

Loan 1940

+++

1,182,550.00

Sterling Investments (£29,658,434.9.2)

474,534,951.33

495,244,468.00

Less Depreciation on Investments

9,012,457.99 406,679,644,73

TOTAL

$587,826,355.12

ADVANCES :-

Personal

Miscellaneous

Other Administrations

Colonial Development and

Welfare Schemes...

$4,264,011.33

741,505.65

5,005,516.98

454,534.91

37,012.42 5,497,064.31

TOTAL

$587,826,355.12

NOTES: Government holds 16,290 shares at a nominal value of $100 per share in Associated Properties Limited, 168 shares at a nominal value of $10 per share in South China Building Materials Ltd., and 980 shares at a nominal value of 500 YEN per share in Helm Brothers Ltd. (Yokohama).

There is a contingent liability of $2,244,991.38 in respect of the $1 Note Security Fund.

THE TREASURY,

Hong Kong, 23rd May, 1960.

H. HEYS, Accountant General.