RAS-1977 — Page 25

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 1975

1974 $ 9,619 Expenses 4,991 Journal and other Publication Activity Expenses (Annual General Meeting, Dinner, Symposium and Outings) Secretarial Assistance Purchase of Typewriter 8,331 7,640 $30,581 HK$

1974 $1,996 Life Memberships $30,464.00 14,261 Annual Memberships 1,400 Sale of Publications 5,496.00 6,420.00 1,200.00 677.75 3,882 Receipts from Members for Activities 4,230 Bank Interest Received 4,612 Dividends Received 7,767.18 200 Sundry Receipts HKS $11,088.75 18,135.44 ... 6,223.97 5,130.00 4,188.39 4,195.71 200.00 4,000.00 Balance, being Deficit of Expenditure over Income transferred to Accumulated Funds 6,862.67 $56,024.93 $30,581 $56,024.93 Photo Survey Expenses Sundry Expenses (Printing, Stationery, Advertising, Lecture Expenses etc.) Annual Subscription to Hong Kong Arts Centre Balance, being Surplus of Income over Expenditure transferred to Accumulated Funds

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 1975, according to the best of our information and explanations given to us and as shown by the books of the Society.

Hong Kong, 19th March, 1976.

WONG, TAN & Co., Hon. Auditors, Chartered Accountants, Certified Public Accountants.