Table 1 : International Investment Position by Broad Component (position as at end of period)

Assets as at end of 2000 was HK$ million 8899295
Assets as at end of 2001 was HK$ million 8350623
Assets as at end of 2002 was HK$ million 8024646

Assets : Direct investment abroad as at end of 2000 was HK$ million 3027809
Assets : Direct investment abroad as at end of 2001 was HK$ million 2749237
Assets : Direct investment abroad as at end of 2002 was HK$ million 2375752
Assets : Portfolio investment as at end of 2000 was HK$ million 1394320
Assets : Portfolio investment as at end of 2001 was HK$ million 1603059
Assets : Portfolio investment as at end of 2002 was HK$ million 1903241
Assets : Financial derivatives as at end of 2000 was HK$ million 131063
Assets : Financial derivatives as at end of 2001 was HK$ million 136672
Assets : Financial derivatives as at end of 2002 was HK$ million 170070
Assets : Other investment as at end of 2000 was HK$ million 3507266
Assets : Other investment as at end of 2001 was HK$ million 2994734
Assets : Other investment as at end of 2002 was HK$ million 2702778
Assets : Reserve assets as at end of 2000 was HK$ million 838839
Assets : Reserve assets as at end of 2001 was HK$ million 866922
Assets : Reserve assets as at end of 2002 was HK$ million 872805

Liabilities as at end of 2000 was HK$ million 7169749
Liabilities as at end of 2001 was HK$ million 6282662
Liabilities as at end of 2002 was HK$ million 5378571

Liabilities : Direct investment in Hong Kong as at end of 2000 was HK$ million 3550840
Liabilities : Direct investment in Hong Kong as at end of 2001 was HK$ million 3269653
Liabilities : Direct investment in Hong Kong as at end of 2002 was HK$ million 2643871
Liabilities : Portfolio investment as at end of 2000 was HK$ million 1194477
Liabilities : Portfolio investment as at end of 2001 was HK$ million 912493
Liabilities : Portfolio investment as at end of 2002 was HK$ million 727408
Liabilities : Financial derivatives as at end of 2000 was HK$ million 97582
Liabilities : Financial derivatives as at end of 2001 was HK$ million 94022
Liabilities : Financial derivatives as at end of 2002 was HK$ million 157997
Liabilities : Other investment as at end of 2000 was HK$ million 2326849
Liabilities : Other investment as at end of 2001 was HK$ million 2006494
Liabilities : Other investment as at end of 2002 was HK$ million 1849295

Net International Investment Position as at end of 2000 was HK$ million 1729547
Net International Investment Position as at end of 2001 was HK$ million 2067961
Net International Investment Position as at end of 2002 was HK$ million 2646076

Net International Investment Position : Direct investment as at end of 2000 was HK$ million -523031
Net International Investment Position : Direct investment as at end of 2001 was HK$ million -520416
Net International Investment Position : Direct investment as at end of 2002 was HK$ million -268119
Net International Investment Position : Portfolio investment as at end of 2000 was HK$ million 199843
Net International Investment Position : Portfolio investment as at end of 2001 was HK$ million 690566
Net International Investment Position : Portfolio investment as at end of 2002 was HK$ million 1175833
Net International Investment Position : Financial derivatives as at end of 2000 was HK$ million 33481
Net International Investment Position : Financial derivatives as at end of 2001 was HK$ million 42650
Net International Investment Position : Financial derivatives as at end of 2002 was HK$ million 12073
Net International Investment Position : Other investment as at end of 2000 was HK$ million 1180416
Net International Investment Position : Other investment as at end of 2001 was HK$ million 988240
Net International Investment Position : Other investment as at end of 2002 was HK$ million 853484
Net International Investment Position : Reserve assets as at end of 2000 was HK$ million 838839
Net International Investment Position : Reserve assets as at end of 2001 was HK$ million 866922
Net International Investment Position : Reserve assets as at end of 2002 was HK$ million 872805




Note:
(1) Net international investment position is the difference between total external financial assets 
    and total external financial liabilities.