TNAG-1773-FCO40-2525-Hong-Kong-Exchange-Fund-Hong-Kong-Futures-Exchange-Limited--1988 — Page 114

6.

CONFIDENTIAL

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OTHER LIABILITIES

The total was made up as follows:

Hong Kong Government

General Revenue Account

1987

1986

HK$'000s HK$'000s HK$'000s HK$'000s

Interest on debt

certificates

Staff costs

252,646

184,420

1,926

1,737

Miscellaneous

1 254,573

1

186,158

Development Loan Fund

Interest on debt

certificates

22,464

24,698

Capital Works Reserve Fund

Works Account

Interest on debt

certificates

Lotteries Fund

Interest on debt

certificates

Sub Total:

Hong Kong Government

Other accounts

20,740

13,627

582

298,359

224,483

(non-Government)

Advances from bank

400,000

110,000

Management fees and

bank charges

3,562

1,952

Multi-currency portfolio

bonuses

598

407

Note and coin expenses

18

5,493

Office expenses

31

Amount due to portfolio

manager

Consultancy fee

10,658

403

404,612

128,518

702,971

353,001

====

Interest on debt certificates issued to the Home Ownership Fund, the Capital Works Reserve Fund Reserve Account and the Mass Transit Fund is paid to the General Revenue Account.

CONFIDENTIAL