ENG-1953 — Page 282

APPENDICES

LIABILITIES:

Brought forward

REVENUE EQUALIZATION FUND

Appendix II

-Contd.

STATEMENT OF ASSETS AND

APPENDICES

LIABILITIES AS AT 31ST MARCH, 1953

ASSETS:

Brought forward

$

$

166,710.894.57

111,414,760.94

DEVELOPMENT FUND:-

Cash:

GENERAL REVENUE BALANCE ACCOUNT:-

Balance as at 1st April, 1952

Add Surplus from 1st April, 1952,

to 31st March, 1953

Add appreciation on Investments

$219,232,413.80

72,840,788.01

4,889,093.72

296,962,295.53

Less:-

Amount appropriated to Revenue Equalization Fund

$100,000,000.00 196,962,295.53

THE TREASURY,

Hong Kong, 22nd July, 1953.

228

TOTAL:

$475,087,951.04

$

$

#

196,072,983.87

At Bank

With Crown Agents (£44-7-8:) Joint Colonial Fund (£1,492,000:)

Sub Total:

Advance Hong Kong Government Sterling Investments (£3,056,098-4-2 :) Local Investments Loans

Sub Total:

8,037,937.43 710.13 23,872,000.00

31,910,647.56

40,695.27 48,897,571.33

45,066.50

2,132,639.05 83,026,619.71

279,099,603.58

SURPLUS BALANCES—

Investments:--

Hong Kong Government 34% Dollar Loan Sterling Investments (£12,075,710-9-4 :)

Notes:-(a) Represents total of credit balance on (b) Represents total of debit balances on Government holds 16,290 shares at a nominal value Amounts due from Colonial Development and Scheme D. 994-Village Agriculture Depots D. 994-Village Agriculture Depots D. 1242-Irrigation in the New D. 1952-Irrigation in the New D. 1602 Hong Kong Housing D. 1661-Survey Party in the New R. 480-Fisheries Research Unit

Kowloon-Canton Railway account under this Head. various accounts under this Head.

of $100 per share in Associated Properties Limited.

Welfare Fund are as follows:-

(Recurrent, Grant) (Recurrent, Loan)

Territories (Interim Scheme) Territories

Society Pilot Scheme Territories (Capital)

EXAMINED,

Sd. P. H. JENNINGS,

Director of Audit.

$30,688.51

$ 1,968.52

$ 1,827.24

$ 1,055.52

$15,866.81

$ 1,867.90

$95,423.57

10th September, 1953.

TOTAL:

229

2,776,980.00

$193,211,367.45 195,988,347.46

$475,087,951.04

R. C. LEMMON, Accountant General