RAS-1981 — Page 21

ROYAL ASIATIC SOCIETY HONG KONG BRANCH

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 1981

H K Currency

H.K. Currency 1980 H.K. Currency 1980 $41,550 Journal and Other Publications $41,335.00 $2,250 Life Memberships 6,415 Activity Expenses (Annual General Meeting, Dinner, Symposium and Outings) 19,201 19,201 Annual Memberships 3,374.00 15,343 Sales of Publications 4,505 Receipts from Members for Activities 7,800 7,800 Secretarial Assistance 7,800.00 19,758 Bank Interest Received 1,132 Purchase of Books 2,188.00 1,093 Dividends Received Sundry Expenses (Printing, Stationery, Postage, etc.) 6,042.84 2,600 Donation Received 12,113 38 Sundry Receipts $500.00 19,497.06 $500.00 19,497.06 12,678.93 2,585.00 19,191.02 3,509.90 200.00 Annual Subscription to Hong Kong Arts Centre 3,500 3,500 3,500.00 44,850 Rent for Library in Hong Kong Arts Centre (44,850) 3,000 3,000.00 $75,510 $67,239.84 10,722 $75,510 Tours. Amount received from members Amount paid out Balance being Deficit of Expenditure over Income transferred to Accumulated Funds 8,996.93 $67,239.84

BALANCE SHEET AT 31ST DECEMBER 1981

1980

LIABILITIES

Accumulated Funds

HK Currency

1980

$113,183 140,000 Balance as at 1st January 1982 Add Net Surplus on Sales of shares $242,461.08 $44,371 ASSETS Quoted Investment Cost at 1st January 1981 Add: Purchase of Shares: 253,183 242,461.08 61,086 (10,772) Less Excess of Expenditure over Income in 1981 TIT (8,996.63) 242,461 233,464.15 Sundry Creditor - Printing Charges for Journal 28,000 38,000.00 105,457 105,457

H K Currency

— Hang Seng Bank Ltd. 34,272.00 Hong Kong Electric (Holdings) Co. Ltd. 24,192.00 Hong Kong Land Co. Ltd. 23,790.00 Hong Kong & Shanghai Banking Corporation 28,893.60 Less: Cost of Shares Sold 111,147.60 111,147.60

7