HONG KONG MONETARY AUTHORITY Annual Report 1996
NOTES ON THE ACCOUNTS*
8. LOCATION OF ASSETS
9. FIXED ASSETSThe Exchange Fund's assets are held in deposit, trustee and safe-keeping accounts with banks, central banks and custodial organisations situated in Hong Kong and other major financial centres.
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1996 HK$ million |
|---|---|---|---|---|
| Cost |
|
|
|
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| As at 1 January 1996 |
|
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59
|
| Additions |
|
|
|
115
|
| Disposals |
|
|
|
(1)
|
| Costs as at 31 December 1996 |
|
|
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173
|
|
|
|
|
|
|
| Accumulated depreciation |
|
|
|
|
| As at 1 January 1996 |
|
|
|
1
|
| Charge for the year |
|
|
|
6
|
| On disposals |
|
|
|
-
|
| Accumulated depreciation as at 31 December 1996 |
|
|
|
7
|
|
|
|
|
|
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| Net book value |
|
|
|
|
| As at 31 December 1996 |
|
|
|
166
|
| As at 31 December 1995 |
|
|
|
58
|