ENG-1968 — Page 400

314

ASSETS

Liabilities as at March 31, 1968

Appendix

XIII-Contd

(Chapter 3: Financial

Structure)

Development

I'

Loan Fund

Statement of Assets and

LIABILITIES

Cash:

In Treasuries, Departments and Banks in Hong Kong...

Fixed Deposits

Investments:

Local...

Kwun Tong Reclamation:

Outstanding premia (ii)

Outstanding Loans and Capital (iii) for:

Housing (iii) ...

Educational

Medical

⠀

Development Loan Fund:

As at April 1, 1967

$578,716,298.14

Less adjustment-Land Sales Premia 1966–7

37.80

578,716,260.34

Statement of Receipts and Payments-Recurrent Receipts

24,136,768.49

Loss due to revaluation of Sterling Assets (i)

602,853,028.83

378,188.76

$602,474,840.07

"

$602,474,840,07

Fisheries

Export Credit Insurance (iii)

Miscellaneous purposes

:

:

:

:

315

$ 2,985,408.68

5,000,000.00

$482,601,365.87

52,193,471.02

3,932,381.52

408,240.00

15,531,787.33

3,869,966.00

10,000,000.00

25,952,219.65 578,549,404.06

Notes: (i) This represents the Hong Kong dollar cost to the the Hong Kong dollar from 1/3d to 1/43d sterling from (ii) Does not include the value of nine unsold Kwun Tong (iii) The Capital items comprise 6,000 shares (each of $100 and Loan Agency Limited and $10,000,000 in the Hong

Summary of Receipts and

Colony's Development Loan Fund Balance of the decision to revalue November 23, 1967.

Reclamation lots.

of which $50 per share has been paid up) in The Hong Kong Building Kong Export Credit Insurance Corporation.

Payments for 1967-8

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 and Capital (Net)

3.

Deficit

:

:

:

::

:

:

:

:

:

:

:

:.

:

:

:

:

$602,474,840,07

$12,936,396.63

21,640,456.42

1,750,670.06

648,061.89

1,340,178.09 97,580.12

$38,413,343.21

:

:

:.

63,083,702.23

$24,670,359.02