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Appendix

(Chapter 3: Financial

Development

Balance Sheet as at

XIII-Contd

Structure)

Loan Fund 31st March 1965

LIABILITIES

Kwun Tong Reclamation: Cost

Loan Projects:

Housing Loans Educational Loans

Medical Loans

Miscellaneous Loans

Fisheries Loans

Investments

Fixed Deposits

ASSETS

Joint Consolidated Fund (£424,000.0.0)

Cash:

214,037.80

$518,919,037.64

Crown Agents (£882.18.2) At Bank

Balance as at 1st April 1964 (including proceeds of land sales,

Kwun Tong Reclamation, $75,977,796.15)

Proceeds of Land Sales, Kwun Tong Reclamation, 1st April 1964

to 31st March 1965

Revenue Account

$339,906,458.63

10,319,874,38

168,478,666.83

518,704,999.84

Fund Account:

Add:

Appreciation on Investments

$518,919,037.64

:

293

$401,033,940.25

38,016,644.34

4,627,184.66

12,798,655.82

$ 8,291,562.04

2,790,308.00 459,266,733.07

8,396,474.66

20,000,000.00

14,126.53

16,166,141.34 6,784,000.00

22,964,267,87

$518,919,037.64

Notes: Government holds 6,000 shares in The Hong Kong per share of which $15 per share has been paid up,

Building and Loan Agency Ltd, of a nominal value of $100 as a result of expenditure from the Development Loan Fund.

:

:.

:

Summary of Receipts and

Payments for 1964-5

:

:

E

:

:

:

1. Receipts:

Loan repayments

Interest on Loans

Interest on Investments and Balances

Interest on Land sales premia

Land sales premia, Kwun Tong Reclamation

Proceeds of Former Enemy Property

Transfer from Exchange Fund Surplus

LESS

2. Payments:

Loans

Interest paid

Kwun Tong Reclamation-expenditure

Realization of Investments

3. Surplus

:

:

:

:

:

:

:

:

:

:

:

:

:

$ 7,535,193.19

15,711,374.79

2,307,996.16

1,346,588.13

10,319,874.38

89.41

150,000,000.00

$187,221,116.06

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

75,628,179.14

873,264.59

2,324.72

14,117.07

76,517,885.52

$110,703,230.54

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