RAS-1975 — Page 20

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 1974

1973 HK$ 1974 HK$ $ 1,629 Life Memberships $ 1,995.87 $ 8,050 Journal and other Publication $ 9,619.00 Expenses 3,787 Activity Expenses (Annual General Meeting Dinner, Symposium and Outings) 10,954 Annual Membership 1974 14,230.84 4,990.60 Annual Membership 1975 paid in 1974 150 4,126 Sale of Publications 1,400.09 994 Purchase of Books 3,066 3,882.00 Sundry Expenses (Printing, Stationery, Advertising, Lecture Expenses, etc.) 4,941 Entrance Fee to Hong Kong Arts Centre 7,200 8,331.52 Thailand Trip 4,079 2,007 Bank Interest Received 5,513 4,230.17 4,274 Dividends Received 4,612.22 200 Sundry Receipts 200.00 $30,485 $30,581.19 Balance, being Surplus of Income over Expenditure transferred to Accumulated Funds $30,485 $30,581.19

D. A. GILKES, Hon. Treasurer.

REPORT OF THE HON. AUDITORS TO THE MEMBERS OF THE ROYAL ASIATIC SOCIETY, HONG KONG BRANCH

We have examined the above Balance Sheet with the books and have obtained all the information and explanations we required for the purposes of our audit.

In our opinion, the said Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Society's affairs as at 31st December, 1974, according to the best of our information and explanations given to us and as shown in the books of the Society.

Hong Kong, 22nd March, 1975.

Wong, Tan & Co., Hon. Auditors. Chartered Accountants. Certified Public Accountants.