100
Appendix I.
CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1922.
Estimated Revenue,
DEDUCT:-
CLASS I.
Opium Monopoly,
க
564,800 (1)
CLASS II.
Kowloon-Canton Railway,
629,000 (2)
CLASS IV.
Widows' and Orphans' Pension Contributions,...
81,000 (3)
CLASS V.
Land Sales,
Interest ou 6% War Loan ($3,000,000),
1,634,000 (4)
180,000
Sinking Fund on above,
Revenue assessable to Defence Contribution,
17,276,260
200,000 (5)
3,288,800
13,987,460
20% of $13,987,460=
2,797,492
44,234 (7)
2,841,726
Add estimated arrears on account of 1921 Contribution,...
Total.....
(1) For details see Statement overleaf.
(2) C.O. Despatch No. 250 of 19th August, 1911:—
Gross Receipts,
Less Working Expenses including $265,345 under Special Expenditure for
Construction and Locomotive. Carriare, and Wagon Expenses, Interest @3% on Inscribed Stock Issue of 1906 (£1,143.933)=£40.038, Sinking Fund @ 1% on 33 % Inscribed Stock Issue of 1906 (£1,143,933)
-£11,440,..
Deficit,
.$ 629,000
$ 795,766 320,304
91,520
1,207,590
$ 578,590
(3) Ordinance No. 15 of 1908, s. 5.
(4) Ordinance No. 1 of 1901, s. 2.
(5) Ordinance No. 1 of 1917.
(1) Estimated arrears on account of 1921 Military Contribution for 1922 Estimates :-
Revised Estimate of Revenue, 1921,
$16,590,519
Deduct
CLASS I.
*Light Ducs, Special Assessment,
Opium Monopoly,
8.624 427,690
CLASS II.
Kowloon-Canton Railway,
604,000
CLASS IV.
Widows' and Orphans' Peusions Contributions,
78,000
CLASS V.
Land Sales,
1,281,000
Interest on 6% War Loan ($3,000,000),
180,000
Sinking Fund on above,
200,000
2.779,314
Revised Estimate of Revenue 1921 assessable to Military Contribution, Less Estimate of Revenue 1921 assessable to Military Contribution,
13.811,205 13.590,036
20% on $221,169,
* Balance of half cost of Typhoon Refuge.
221,169
44.234