Land Registrar's Statement, 2007
Highlights of 2006/07
Organization Chart of the Land Registry
Organization Structure
Management Structure
Services and Workload
Performance Pledges
Customer Service
Future Plan
Financial Objectives
Actual Performance
Fees and Charges
Service enhancement to the Integrated Registration Information System (IRIS)
Reducing stopped deeds
One-stop Stamp Payment and Registration
Property Information Hub
Future Plan
Customer Liaison Groups
Land Registry Joint Standing Committee
Land Registry Circular Memoranda
Land Registry News
Information Pamphlets
Customer Service Hotline
Corporate citizenship
Management Initiatives
Training and Development
Staff Motivation and Recognition
Staff Relations
Safe Workplace
Green Management and Environmental Improvement
Future Plan
Profit and Loss Account
Balance Sheet
Statement of Changes in Equity
Cash Flow Statement
Notes to the Accounts
The Land Registry 2005/06 Annual Report
Fourteenth Year in Review
The Land Registry Trading Fund
Vision, Mission, Values and Functions
Operations and Customer Service
Financial Management
Development Projects and New Services
Title Registration
Public Relations
Human Resources
Risk Management for IT Systems
Report of the Director of Audit
Financial Statements
Annex 2006/07 Performance Pledge
Home Contact Us Management Team Site Map
Traditional Chinese Simplified Chinese Pure Text Print
Financial Statements

Land Registry Trading Fund
Balance Sheet

as at 31 March 2007
(Expressed in thousands of Hong Kong dollars)

  Note 2007 2006
Non-current assets
Property, plant and equipment 9 355,130 376,180
Intangible assets 10 59,603 69,307
Held-to-maturity securities 11 100,380 99,451
515,113 544,938
Current assets
Debtors and prepayments 21,555 15,467
Amounts due from related parties 5,366 5,358
Placements with banks 503,500 454,700
Cash and bank balances 9,954 7,936
540,375 483,461
Current liabilities
Deferred revenue 12 4,310 3,030
Customers' deposits 13 22,953 22,982
Creditors 5,409 22,727
Amounts due to related parties 1,288 1,460
Provision for employee benefits 841 2,184
Tax payable 5,971 6,383
40,772 58,766
Net current assets 499,603 424,695
Total assets less current liabilities 1,014,716 969,633
Non-current liabilities
Deferred tax 14 19,053 23,710
Provision for employee benefits 67,276 65,296
NET ASSETS 928,387 880,627
Trading fund capital 15 118,300 118,300
Retained earnings 16 751,331 692,575
Proposed dividend 7 58,756 69,752
928,387 880,627

Land Registrar and General Manager,
Land Registry Trading Fund
11 September 2007

The Notes to the Accounts form part of these accounts.


Copyright Disclaimer

Best viewed with 800 x 600 resolution on IE5.0 or Netscape 4.7 or above.