TNAG-2475-FCO40-3605-Hong-Kong-exchange-fund-report-and-accounts-for-1991-1992 — Page 47

CONFIDENTIAL

34

3. CASH, SHORT-TERM FUNDS AND CURRENCY OPTIONS

1991

Note

HK$ '000

1990 HK$'000

Cash at banks

347,567

401,589

Money at call and short notice

16,653,890

18,245,562

Treasury bills, bankers'

acceptances, promissory notes,

repurchase agreements and

central bank facility

Exchange Fund Bills

Negotiable certificates

of deposit

Currency options

4. INVESTMENTS

5,191,900

5,864,323

10

2,670,864

3,122,886

2,631,787

27,987,107

27,143,261

EFFEEF====

Bonds and notes

Equities

1991 HK$ '000

126,123,457

1990 HK$ '000

86,914,694

18,825

351,304

126,142,282

87,265,998

EEEEEE

The equities are made up of listed and unlisted shares in Hong Kong:

1991

1990

HK$'000

HK$ '000

HK$ '000

HK$ '000

Cost

Year End Valuation

Year End

Cost

Valuation

Listed

332,479

332,479

Unlisted

2,018,825

2,018,825

18,825

18,825

2,018,825

18,825

2,351,304

351,304

Market value

of listed

shares

N.A.

CONFIDENTIAL

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443,032