RAS-1978 — Page 27

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 1977

1976 HKS $16,353 Expenses ... 2,244 Journal and other Publication Activity Expenses (Annual General Meeting, Dinner, Symposium and Outings) ... $19,200.00

1976 $ 2,064 17,365 8,863 HK$ Life Memberships (Note 1 on p. 10) $ 3,450.00 Annual Memberships (Note 1) 17,588.19 Sales of Publications 5,720.15 2,232 Receipts from Members for Activities 2,850.00

7,200 Secretarial Assistance 3,269.50 7,200.00 3,374 Bank Interest Received 2,842.78 4,577 Dividends Received 2,746 Office Equipment 200 Sundry Receipts 5,230.46 225.00 1,253 Purchase of Books 500.00

7,241 4,600 Sundry Expenses (Printing, Stationery, Advertising, Lecture Expenses, etc.) 6,345.20 2,962 Annual Subscription to Hong Kong Arts Centre Balance, being Deficit of Expenditure over Income transferred to Accumulated Funds 2,808.12 4,000.00

$41,637 $40,714.70 $41,637 $40,714.70

D. A. GILKES, Hon. Treasurer.

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

In our opinion, the above Balance Sheet is properly drawn up so as to exhibit a true and fair view of the Society's affairs at 31st December 1977 and of its income and expenditure for the year ended on that date.

WONG, TAN & Co., Hon. Auditors, Chartered Accountants, Certified Public Accountants. Hong Kong 8th March 1978.

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