ENG-1966 — Page 377

300

LIABILITIES

Appendix XIII-Contd

(Chapter 3: Financial

Structure)

Development Loan Fund

Balance Sheet as at

31st March 1966

:

ASSETS

24,078,117.60

545,501,445.39

84,686.40 $545,586,131.79

$545,586,131.79

Kwun Tong Reclamation: Cost

Loan Projects:

Housing Loans Educational Loans Medical Loans

Miscellaneous Loans

Fisheries Loans

Investments

Fixed Deposits

Cash:

Crown Agents (£419.6.11.) At Bank

Joint Consolidated Fund (£27,000.0.0.)

Fund Account:

Balance as at 1st April 1965 (including proceeds of land sales,

Kwun Tong Reclamation, $86,297,670.53)

$518,919,037.64

Proceeds of Land Sales, Kwun Tong Reclamation, 1st April 1965

to 31st March 1966

2,504,290.15

Revenue Account

Add:

Appreciation on Investments

:

Note:

:

:

301

$418,645,811.60

$ 8,291,562.04

48,774,687.70

4,397,413.36 25,173,951.77 2,813,085.00

499,804,949.43

3,693,577.33

20,000,000.00

The Development Loan Fund holds 6,000 shares of a nominal value of $100 per share of which

in The Hong Kong Building and Loan Agency Limited, $25 per share has been paid up.

Summary of Receipts and Payments for 1965-6

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

Realization of Investments

LESS

2. Payments:

Loans

3. Deficit

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

::

:.

:

:

4.

F

:

:

:

:

:

6,709.53 13,357,333.46 432,000.00

13,796,042.99

$545,586,131.79

$ 9,104,352.14

17,955,300.29

2,412,019.71

1,051,035.44

2,504,290.15

2,601,185.16

58,577.00

:

:

:

:

:

:

:

:

:

:..

:

$35,686,759.89

49,642,568.50

$13,955,808.61