TNAG-2475-FCO40-3605-Hong-Kong-exchange-fund-report-and-accounts-for-1991-1992 — Page 41

CONFIDENTIAL

28

A

THE EXCHANGE FUND

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 1991

Note

1991 HK$ '000

1990 HK$ '000

INCOME

Interest

17

15,647,921

14,586,697

Dividends

18

45,995

55,088

Sale of withdrawn coins

19

264

288

Bank rescue operations

20

43,355

46,092

Realised exchange gains

21

567,781

Realised investment gains

22

949,395

2,760,561

16,686,930

18,016,507

EXPENDITURE

Note and coin expenses

23

Administration expenses

24

155,608

67,351

184,300

40,097

Interest

Realised exchange losses

222 223

25

4,722,196

5,368,585

21

716,508

5,661,663

5,592,982

SURPLUS FOR THE YEAR BEFORE

EXTRAORDINARY ITEMS

EXTRAORDINARY ITEMS

11,025,267

12,423,525

12,196

SURPLUS FOR THE YEAR

13

11,025,267

12,411,329

- 2 m 2 2 1 1 2

The notes on pages 29 to 47 form part of these accounts.

CONFIDENTIAL