here - The Hong Kong Institute of Chartered Secretaries
here - The Hong Kong Institute of Chartered Secretaries
here - The Hong Kong Institute of Chartered Secretaries
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BALANCE SHEET 39<br />
At 31 July, 2004<br />
2004 2003<br />
Note HK$ HK$<br />
Non-current assets<br />
Property and equipment (10) 23,820,972<br />
----------------<br />
4,813,753<br />
----------------<br />
Current assets<br />
Cash and bank balances 1,146,054 588,647<br />
Fixed and call deposits at banks 108,174 10,534,888<br />
Investments in securities (11) 6,507,463 12,543,014<br />
Utility and other deposits 996,620 13,000<br />
Prepayments 85,766 103,943<br />
Accounts receivable 140,998 337,217<br />
Inventories 122,609 74,712<br />
9,107,684 24,195,421<br />
---------------- ----------------<br />
Current liabilities<br />
Accounts payable and provisions 1,426,632 618,195<br />
Deposits received 283,000 —<br />
Receipt in advance 140,945 31,635<br />
1,850,577 649,830<br />
---------------- ----------------<br />
Net current assets 7,257,107 23,545,591<br />
Net assets 31,078,079 28,359,344<br />
Reserves 31,078,079 28,359,344<br />
<strong>The</strong> financial statements were approved and authorised for issue by the Council on 21 September, 2004 and are<br />
signed on its behalf by:<br />
Neil M. McNamara<br />
President<br />
Joseph S.W. Yau<br />
Treasurer<br />
<strong>The</strong> accompanying notes form an integral part <strong>of</strong> these financial statements.<br />
ANNUAL REPORT 2004<br />
THE HONG KONG INSTITUTE OF COMPANY SECRETARIES
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