Registrar-Generals-Department-Annual-report-1962-1963 — Page 93

87

..$1,004,320.71

1,203.37 $1,005,524.08 3,700.00 912,864.40 7,126.58

Dr.

TABLE XXXII

OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST March, 1963

RECEIPTS

To Balances as at 1st April 1962:

""

**

"

Cash at Bank

Cash in Hand

---

...

Creditors' Deposits for sundry purposes Realizations of assets of bankrupt estates Transferred from Bankruptcy Estates Account Received from Hong Kong Government to meet

expenses of pauper petition

...

Unclaimed proceeds of sale of property

4.1

•

Payment on account of surplus of a bankrupt's estate Payment to landlords of balance of proceeds of distraint

Cr.

PAYMENTS

By Payments to Creditors:

Preferential creditors

Dividends to creditors

85,503.02 759,344.58 $ 844,847.60

Expenses of administration of bankrupt estates Unclaimed funds and dividends transferred to Bank-

70,570.96

"

ruptcy Estates Account Official Receiver's Fees

AA

285,778.02

56,561.88

12,629.66

"

31,381.93

17

Interest on fixed deposit and bank account

***

175.35

1,549.38 59,087.00

"

Refund of Deposits

3,192.00

Placed on Fixed Deposits

600,000.00

Interest Tax

220.34

ז,

Balances as at 31st March, 1963:

Cash at Bank

Cash in Hand

$ 84,634.44

209.96

84,844.40

$1,990,026.79

$1,990,026.79

STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST March, 1963

LIABILITIES

Creditors' Deposits for sundry purposes

Less expenses paid therefrom

Sundry creditors

...

Unclaimed dividends

"

Undistributed assets of bankrupt estates

ASSETS

$13,281.54

Fixed Deposits ..

614.55 $ 12,666.99

Advance Accounts

1,681.28 120,839.01 1,262,802.91

Balances as at 31st March, 1963:

Cash at Bank Cash in Hand

J

$1,300,000.00 13,145.79

444

$84,634.44 209.96

84,844.40

$1,397,990.19

$1,397,990.19

Note: The above Statement includes only such assets of Bankrupt Estates as have been realized.

CERTIFICATE OF THE DIRECTOR OF AUDIT

W. K. THOMSON, Registrar General, (Official Receiver).

23rd May, 1963.

The above Statement of Assets and Liabilities and the accompanying Statement of Receipts and Payments have been examined in accordance with Colonial Regulation 257. I have obtained all the information and explanations that I have required, and I certify, as a result of this audit, that in my opinion the Statements are correct. AUDIT DEPARTMENT,

Hong Kong, 5th September, 1963.

W. J. D. Cooper, Director of Audit.