ENG-1962 — Page 470

408

APPENDICES

Appendix II-Contd

(Chapter 4: Public

Finances)

Development Loan Fund

APPENDICES

409

ASSETS

Cost

Balance Sheet as at

31st March 1962

LIABILITIES

:

:

16,950,651.57

275,823,856.51

96,600.50

$275,920,457.01

21,690,209.0

$297,610,666.06

Kwun Tong Reclamation:

Projects:

Housing Loans

Educational Loans

Medical Loans

Miscellaneous Loans

Fisheries Loans ..

Investments

Cash:

In Hand

Crown Agents (£445.18.11)

At Bank

Joint Consolidated Fund (£62,000.0.0)

Fund Account:

Balance as at 1st April 1961 (including proceeds of

land sales, Kwun Tong Reclamation, $20,404,899.56) ..

Proceeds of Land Sales, Kwun Tong Reclamation,

1st April 1961 to 31st March 1962

Revenue Account

$248,779,898.78

10,093,306.16

Add:

Appreciation on Investments

Deposits-Hong Kong Government

$ 8,280,367.36

$235,496,843.48

22,822.095.89

5,305,945.72

907,343.74

1,700,801.00

266,233,029.83

17,447,903.43

$ 60,000.00

7,135.14

4,590,230.30

992,000.00

:

:

:

Summary of Receipts and

and Payments for 1961-2

1. Receipts:

Loan repayments

Interest on Loans

Interest on Investments and Balances

Interest on Land sales premia

Land sales premia, Kwun Tong Reclamation

Profit on realization of investments

LESS

2. Payments:

Loans

Kwun Tong reclamation-expenditure

3. DEFICIT met from the Fund's Balances

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

5,649,365.44

$297,610,666.06

$ 4,284,106

7,695,870

882,750

1,469,956

16,950,652

:

44,730

$31,328,064

65,126,441

15,472

65,141,913

$33,813,849