112
Appendix II.
CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1926.
Estimated Revenue
DEDUCT :-
CLASS I.
Opium Monopoly
812,245 (1)
CLASS II.
Kowloon-Canton Railway
787,500 (2)
CLASS IV.
Condemned Stores
Widows' and Orphans' Pensions Contributions
8,000 (3) 114,000
CLASS V.
Land Sales
Interest on 6% War Loau ($3,000,000)
Sinking Fund on above
Revenue assessable to Defence Contribution
Add estimated arrears on account of 1925 Contribution
(1) For details see Statement on next page.
Total....
(2) C.0. Despatch No. 250 of 19th August, 1911;-
Gross Receipts,
Less Working Expenses including $60.140 under Special Expenditure for
Construction and Locomotive, Carriage, and Wagon Expenses, Interest @ 31 on Inscribed Stock Issue of 1906 (£1,143,933)—£40,038, Sinking Fund @ 1 % on 31⁄2 。 Inscribed Stock Issue of 1906 (£1,148,933)
£11,440,....
Deficit,..
(3) 0.0. Despatch No. 129 of 29th April, 1922.
(4) Ordinance No. 15 of 1908, s. 5.
(5) Ordinance No. 1 of 1901, s, 2.
الله و
$
21,367,743
500,000 (5) 180,000
200,000 (6)
2,626,745
18,740,998
20% of $18,740,998===
3,748,200
276,034 (7)
4,024,234
.§ 787,500
$ 630,893
369,582
105,600
1,106,075
318,575
(6) Ordinance No. 1 of 1917.
(7) Estimated arrears on account of 1925 Military Contribution for 1926 Estimates :--
Revised Estimate of Revenue, 1925,
Deduct :-
CLASS I.
Opium Monopoly,
CLASS II.
Kowloon-Canton Railway,
CLASS IV.
Condemned Stores,...
Widows' and Orphans' Pensions Contributions,
CLASS V.
Land Sales,
Interest on 6% War Loan ($3,000,000),
Sinking Fund on above,
Revised Estimate of Revenue 1925 assessable to Military Contribution. Less Estimate of Revenue 1925 assessable to Military Contribution, 1925.,
20% on $1,380,171,
$22,279,855
696,985
501,400
2,837
136,100
640,400
180,000
200,000
2,257,722
20,022,139
18,641,962
1,380,171
276,034
Page 110Page 111