TNAG-1773-FCO40-2525-Hong-Kong-Exchange-Fund-Hong-Kong-Futures-Exchange-Limited--1988 — Page 107

CONFIDENTIAL

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THE EXCHANGE FUND

ACCUMULATED SURPLUS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 1987

Note

1987 HK$'000s

1986 HK$'000s

Note

1987 HK$'000s

1986 HK$ '000s

Transfer to Exchange

Equalisation Reserve

Accumulated surplus brought forward

18,006,349

16,809,548

23

9,880,723

6,109,417

Surplus for the year

Transfer to Investment

Equalisation Reserve

Transfer to Contingency Reserve

Accumulated surplus carried forward

23,139,082

33,019,805

417,006

transferred from Income and Expenditure Account

3,750,000

Transfer from Investment

Equalisation Reserve

18,006,349

28,282,772

14,366,846

11,473,224

24

646,610

33,019,805

28,282,772

Zer da bi se pun pe per sem van S

CONFIDENTIAL

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