Table 2 : International Investment Position by Standard 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 : Direct investment abroad : Equity capital and reinvested earnings as at end of 2000 was HK$ million 2472154
Assets : Direct investment abroad : Equity capital and reinvested earnings as at end of 2001 was HK$ million 2204771
Assets : Direct investment abroad : Equity capital and reinvested earnings as at end of 2002 was HK$ million 1872837
Assets : Direct investment abroad : Equity capital and reinvested earnings : Claims on affiliated enterprises as at end of 2000 was HK$ million 2472154
Assets : Direct investment abroad : Equity capital and reinvested earnings : Claims on affiliated enterprises as at end of 2001 was HK$ million 2204771
Assets : Direct investment abroad : Equity capital and reinvested earnings : Claims on affiliated enterprises as at end of 2002 was HK$ million 1872837
Assets : Direct investment abroad : Equity capital and reinvested earnings : Liabilities to affiliated enterprises as at end of 2000 was less than HK$ million 10
Assets : Direct investment abroad : Equity capital and reinvested earnings : Liabilities to affiliated enterprises as at end of 2001 was less than HK$ million 10
Assets : Direct investment abroad : Equity capital and reinvested earnings : Liabilities to affiliated enterprises as at end of 2002 was less than HK$ million 10

Assets : Direct investment abroad : Other capital as at end of 2000 was HK$ million 555654
Assets : Direct investment abroad : Other capital as at end of 2001 was HK$ million 544466
Assets : Direct investment abroad : Other capital as at end of 2002 was HK$ million 502915
Assets : Direct investment abroad : Other capital : Claims on affiliated enterprises as at end of 2000 was HK$ million 735820
Assets : Direct investment abroad : Other capital : Claims on affiliated enterprises as at end of 2001 was HK$ million 776439
Assets : Direct investment abroad : Other capital : Claims on affiliated enterprises as at end of 2002 was HK$ million 736649
Assets : Direct investment abroad : Other capital : Liabilities to affiliated enterprises as at end of 2000 was HK$ million -180165
Assets : Direct investment abroad : Other capital : Liabilities to affiliated enterprises as at end of 2001 was HK$ million -231973
Assets : Direct investment abroad : Other capital : Liabilities to affiliated enterprises as at end of 2002 was HK$ million -233734

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 : Portfolio investment : Equity securities as at end of 2000 was HK$ million 688581
Assets : Portfolio investment : Equity securities as at end of 2001 was HK$ million 737717
Assets : Portfolio investment : Equity securities as at end of 2002 was HK$ million 746434
Assets : Portfolio investment : Equity securities : Bank sector as at end of 2000 was HK$ million 548
Assets : Portfolio investment : Equity securities : Bank sector as at end of 2001 was HK$ million 512
Assets : Portfolio investment : Equity securities : Bank sector as at end of 2002 was HK$ million 536
Assets : Portfolio investment : Equity securities : Other sectors as at end of 2000 was HK$ million 688033
Assets : Portfolio investment : Equity securities : Other sectors as at end of 2001 was HK$ million 737205
Assets : Portfolio investment : Equity securities : Other sectors as at end of 2002 was HK$ million 745897

Assets : Portfolio investment : Debt securities as at end of 2000 was HK$ million 705739
Assets : Portfolio investment : Debt securities as at end of 2001 was HK$ million 865342
Assets : Portfolio investment : Debt securities as at end of 2002 was HK$ million 1156808

Assets : Portfolio investment : Debt securities : Bonds and notes as at end of 2000 was HK$ million 524023
Assets : Portfolio investment : Debt securities : Bonds and notes as at end of 2001 was HK$ million 669585
Assets : Portfolio investment : Debt securities : Bonds and notes as at end of 2002 was HK$ million 963268
Assets : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2000 was HK$ million 327111
Assets : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2001 was HK$ million 459213
Assets : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2002 was HK$ million 663758
Assets : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2000 was HK$ million 196912
Assets : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2001 was HK$ million 210372
Assets : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2002 was HK$ million 299510

Assets : Portfolio investment : Debt securities : Money market instruments as at end of 2000 was HK$ million 181716
Assets : Portfolio investment : Debt securities : Money market instruments as at end of 2001 was HK$ million 195757
Assets : Portfolio investment : Debt securities : Money market instruments as at end of 2002 was HK$ million 193540
Assets : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2000 was HK$ million 164918
Assets : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2001 was HK$ million 167265
Assets : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2002 was HK$ million 166653
Assets : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2000 was HK$ million 16799
Assets : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2001 was HK$ million 28493
Assets : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2002 was HK$ million 26887

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 : Financial derivatives : Bank sector as at end of 2000 was HK$ million 123152
Assets : Financial derivatives : Bank sector as at end of 2001 was HK$ million 128498
Assets : Financial derivatives : Bank sector as at end of 2002 was HK$ million 154054
Assets : Financial derivatives : Other sectors as at end of 2000 was HK$ million 7911
Assets : Financial derivatives : Other sectors as at end of 2001 was HK$ million 8174
Assets : Financial derivatives : Other sectors as at end of 2002 was HK$ million 16016

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 : Other investment : Trade credits as at end of 2000 was HK$ million 31434
Assets : Other investment : Trade credits as at end of 2001 was HK$ million 45785
Assets : Other investment : Trade credits as at end of 2002 was HK$ million 58088

Assets : Other investment : Loans as at end of 2000 was HK$ million 648886
Assets : Other investment : Loans as at end of 2001 was HK$ million 450881
Assets : Other investment : Loans as at end of 2002 was HK$ million 408489
Assets : Other investment : Loans : Bank sector as at end of 2000 was HK$ million 599188
Assets : Other investment : Loans : Bank sector as at end of 2001 was HK$ million 357827
Assets : Other investment : Loans : Bank sector as at end of 2002 was HK$ million 356973
Assets : Other investment : Loans : Other sectors as at end of 2000 was HK$ million 49699
Assets : Other investment : Loans : Other sectors as at end of 2001 was HK$ million 93054
Assets : Other investment : Loans : Other sectors as at end of 2002 was HK$ million 51516

Assets : Other investment : Currency and deposits as at end of 2000 was HK$ million 2782776
Assets : Other investment : Currency and deposits as at end of 2001 was HK$ million 2451964
Assets : Other investment : Currency and deposits as at end of 2002 was HK$ million 2197794
Assets : Other investment : Currency and deposits : Bank sector as at end of 2000 was HK$ million 2455796
Assets : Other investment : Currency and deposits : Bank sector as at end of 2001 was HK$ million 2115542
Assets : Other investment : Currency and deposits : Bank sector as at end of 2002 was HK$ million 1836154
Assets : Other investment : Currency and deposits : Other sectors as at end of 2000 was HK$ million 326980
Assets : Other investment : Currency and deposits : Other sectors as at end of 2001 was HK$ million 336422
Assets : Other investment : Currency and deposits : Other sectors as at end of 2002 was HK$ million 361639

Assets : Other investment : Other assets as at end of 2000 was HK$ million 44169
Assets : Other investment : Other assets as at end of 2001 was HK$ million 46103
Assets : Other investment : Other assets as at end of 2002 was HK$ million 38408
Assets : Other investment : Other assets : Bank sector as at end of 2000 was HK$ million 10066
Assets : Other investment : Other assets : Bank sector as at end of 2001 was HK$ million 9180
Assets : Other investment : Other assets : Bank sector as at end of 2002 was HK$ million 9194
Assets : Other investment : Other assets : Other sectors as at end of 2000 was HK$ million 34103
Assets : Other investment : Other assets : Other sectors as at end of 2001 was HK$ million 36923
Assets : Other investment : Other assets : Other sectors as at end of 2002 was HK$ million 29213

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 : Direct investment in Hong Kong : Equity capital and reinvested earnings as at end of 2000 was HK$ million 3134592
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings as at end of 2001 was HK$ million 2765016
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings as at end of 2002 was HK$ million 2185591
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Claims on direct investors as at end of 2000 was less than HK$ million 10
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Claims on direct investors as at end of 2001 was less than HK$ million 10
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Claims on direct investors as at end of 2002 was less than HK$ million 10
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Liabilities to direct investors as at end of 2000 was HK$ million 3134592
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Liabilities to direct investors as at end of 2001 was HK$ million 2765016
Liabilities : Direct investment in Hong Kong : Equity capital and reinvested earnings : Liabilities to direct investors as at end of 2002 was HK$ million 2185591

Liabilities : Direct investment in Hong Kong : Other capital as at end of 2000 was HK$ million 416248
Liabilities : Direct investment in Hong Kong : Other capital as at end of 2001 was HK$ million 504637
Liabilities : Direct investment in Hong Kong : Other capital as at end of 2002 was HK$ million 458280
Liabilities : Direct investment in Hong Kong : Other capital : Claims on direct investors as at end of 2000 was HK$ million -104029
Liabilities : Direct investment in Hong Kong : Other capital : Claims on direct investors as at end of 2001 was HK$ million -97324
Liabilities : Direct investment in Hong Kong : Other capital : Claims on direct investors as at end of 2002 was HK$ million -89172
Liabilities : Direct investment in Hong Kong : Other capital : Liabilities to direct investors as at end of 2000 was HK$ million 520277
Liabilities : Direct investment in Hong Kong : Other capital : Liabilities to direct investors as at end of 2001 was HK$ million 601961
Liabilities : Direct investment in Hong Kong : Other capital : Liabilities to direct investors as at end of 2002 was HK$ million 547452

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 : Portfolio investment : Equity securities as at end of 2000 was HK$ million 1076454
Liabilities : Portfolio investment : Equity securities as at end of 2001 was HK$ million 801787
Liabilities : Portfolio investment : Equity securities as at end of 2002 was HK$ million 618299
Liabilities : Portfolio investment : Equity securities : Bank sector as at end of 2000 was HK$ million 63165
Liabilities : Portfolio investment : Equity securities : Bank sector as at end of 2001 was HK$ million 50031
Liabilities : Portfolio investment : Equity securities : Bank sector as at end of 2002 was HK$ million 44774
Liabilities : Portfolio investment : Equity securities : Other sectors as at end of 2000 was HK$ million 1013290
Liabilities : Portfolio investment : Equity securities : Other sectors as at end of 2001 was HK$ million 751756
Liabilities : Portfolio investment : Equity securities : Other sectors as at end of 2002 was HK$ million 573525

Liabilities : Portfolio investment : Debt securities as at end of 2000 was HK$ million 118023
Liabilities : Portfolio investment : Debt securities as at end of 2001 was HK$ million 110706
Liabilities : Portfolio investment : Debt securities as at end of 2002 was HK$ million 109109

Liabilities : Portfolio investment : Debt securities : Bonds and notes as at end of 2000 was HK$ million 74948
Liabilities : Portfolio investment : Debt securities : Bonds and notes as at end of 2001 was HK$ million 63038
Liabilities : Portfolio investment : Debt securities : Bonds and notes as at end of 2002 was HK$ million 79382
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2000 was HK$ million 27719
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2001 was HK$ million 23242
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Bank sector as at end of 2002 was HK$ million 33996
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2000 was HK$ million 47229
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2001 was HK$ million 39796
Liabilities : Portfolio investment : Debt securities : Bonds and notes : Other sectors as at end of 2002 was HK$ million 45385

Liabilities : Portfolio investment : Debt securities : Money market instruments as at end of 2000 was HK$ million 43075
Liabilities : Portfolio investment : Debt securities : Money market instruments as at end of 2001 was HK$ million 47668
Liabilities : Portfolio investment : Debt securities : Money market instruments as at end of 2002 was HK$ million 29728
Liabilities : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2000 was HK$ million 21168
Liabilities : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2001 was HK$ million 24936
Liabilities : Portfolio investment : Debt securities : Money market instruments : Bank sector as at end of 2002 was HK$ million 24576
Liabilities : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2000 was HK$ million 21907
Liabilities : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2001 was HK$ million 22731
Liabilities : Portfolio investment : Debt securities : Money market instruments : Other sectors as at end of 2002 was HK$ million 5152

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 : Financial derivatives : Bank sector as at end of 2000 was HK$ million 92904
Liabilities : Financial derivatives : Bank sector as at end of 2001 was HK$ million 90240
Liabilities : Financial derivatives : Bank sector as at end of 2002 was HK$ million 152089
Liabilities : Financial derivatives : Other sectors as at end of 2000 was HK$ million 4678
Liabilities : Financial derivatives : Other sectors as at end of 2001 was HK$ million 3783
Liabilities : Financial derivatives : Other sectors as at end of 2002 was HK$ million 5907

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

Liabilities : Other investment : Trade credits as at end of 2000 was HK$ million 16539
Liabilities : Other investment : Trade credits as at end of 2001 was HK$ million 23524
Liabilities : Other investment : Trade credits as at end of 2002 was HK$ million 30488

Liabilities : Other investment : Loans as at end of 2000 was HK$ million 271329
Liabilities : Other investment : Loans as at end of 2001 was HK$ million 269070
Liabilities : Other investment : Loans as at end of 2002 was HK$ million 161191
Liabilities : Other investment : Loans : Bank sector as at end of 2000 was HK$ million 152272
Liabilities : Other investment : Loans : Bank sector as at end of 2001 was HK$ million 105292
Liabilities : Other investment : Loans : Bank sector as at end of 2002 was HK$ million 50758
Liabilities : Other investment : Loans : Other sectors as at end of 2000 was HK$ million 119057
Liabilities : Other investment : Loans : Other sectors as at end of 2001 was HK$ million 163778
Liabilities : Other investment : Loans : Other sectors as at end of 2002 was HK$ million 110434

Liabilities : Other investment : Currency and deposits as at end of 2000 was HK$ million 2021862
Liabilities : Other investment : Currency and deposits as at end of 2001 was HK$ million 1693371
Liabilities : Other investment : Currency and deposits as at end of 2002 was HK$ million 1628478
Liabilities : Other investment : Currency and deposits : Bank sector as at end of 2000 was HK$ million 2019923
Liabilities : Other investment : Currency and deposits : Bank sector as at end of 2001 was HK$ million 1693037
Liabilities : Other investment : Currency and deposits : Bank sector as at end of 2002 was HK$ million 1627560
Liabilities : Other investment : Currency and deposits : Other sectors as at end of 2000 was HK$ million 1939
Liabilities : Other investment : Currency and deposits : Other sectors as at end of 2001 was HK$ million 334
Liabilities : Other investment : Currency and deposits : Other sectors as at end of 2002 was HK$ million 918

Liabilities : Other investment : Other liabilities as at end of 2000 was HK$ million 17119
Liabilities : Other investment : Other liabilities as at end of 2001 was HK$ million 20530
Liabilities : Other investment : Other liabilities as at end of 2002 was HK$ million 29137
Liabilities : Other investment : Other liabilities : Bank sector as at end of 2000 was HK$ million 3018
Liabilities : Other investment : Other liabilities : Bank sector as at end of 2001 was HK$ million 4194
Liabilities : Other investment : Other liabilities : Bank sector as at end of 2002 was HK$ million 4974
Liabilities : Other investment : Other liabilities : Other sectors as at end of 2000 was HK$ million 14102
Liabilities : Other investment : Other liabilities : Other sectors as at end of 2001 was HK$ million 16335
Liabilities : Other investment : Other liabilities : Other sectors as at end of 2002 was HK$ million 24164

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




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