| |
| SFC FINANCIAL STATEMENTS |
| ................................................ |
| |
| |
| Securities and Futures Commission |
| Balance Sheet |
| At 3Ist March 1998 (Expressed in HK$'000) |
| |
| |
| l.................................................................................................................................................... |
| FIXED ASSETS |
7 |
$ 15,389 |
$ 9,009 |
| INVESTMENTS |
8 |
$ 763,354 |
$ 394,690 |
| CURRENT ASSETS |
|
|
|
| Investments |
8 |
$ 168,351 |
$ 245,005 |
| Bank deposits |
|
52,967 |
36,541 |
| Debtors, deposits and prepayments |
9 |
34,979 |
34,591 |
| Cash at bank and in hand |
|
708 |
706 |
| |
|
|
|
| |
|
$ 257,005 |
$ 316,843 |
| |
|
......................... |
......................... |
| CURRENT LIABILITIES |
|
|
|
| Deferred income |
3 |
$ 25,966 |
$ 23,530 |
| Creditors and accrued charges |
|
44,881 |
43,996 |
| |
|
|
|
| |
|
$ 70,847 |
$ 67,526 |
| |
|
......................... |
......................... |
| NET CURRENT ASSETS |
|
$ 186,158 |
$ 249,317 |
| |
|
......................... |
......................... |
| NET ASSETS |
|
$ 964,901 |
$ 653,016 |
| |
|
=========== |
=========== |
| Representing: |
|
|
|
| INITIAL FUNDING BY GOVERNMENT |
10 |
$ 42,840 |
$ 42,840 |
| INCOME AND EXPENDITURE ACCOUNT |
|
922,061 |
610,176 |
| |
|
|
|
| |
|
$ 964,901 |
$ 653,016 |
| |
|
=========== |
=========== |
| |
|
|
|
| Approved by the Commission on |
| 15th June 1998 and signed on its behalf by |
| |
| |
| Anthony F Neoh |
Roderick E D Chalmers |
| Chairman |
Non-executive Director |
| |
|
| |
|
| |
|
| The notes on pages 72 to 76 form part of these financial statements. |
| |
|
|
