Appendix III,-Continued.

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1924, AND

31ST DECEMBER 1925, (ESTIMATED).

115

Revenue...... Expenditure

Deficit

Exchange Fluctuation Account

Total Deficit

Balance of Assets, (1923)

Balance of Assets, (1924)

1924.

.$24,209,639.72 26,726,428.44

$ 2,516,788.72 347,157.22

Revenue..

Expenditure

1925.

.$22,279,855.00

Deficit...

...$ 2,863,945,94 15,971,495.23

Balance of Assets, (1924)

30,032,127.00

$ 7,752,272.00

13,107,549.00

$13,107,549,29

Balance of Assets, (1925) ..........$ 5,355,277.00

}

Dr.

War Loan Stock Issue of 1916 at 6% interest. To be paid off on the 1st December, 1928...

Inscribed Stock Issues of 1893 and 1906 at 31% interest. To be paid off on the 15th April, 1943..

1

LOAN ACCOUNT.

1924.

1925.

1924.

1925.

Or.

$3,000,000

$3,000,000

Sinking Fund..$1,444,619.44 and $1,757,000 and £103,453.7.10 Stg.£108,835.0.0 Stg.

£1,485,732. 16. 5 £1,485,732. 16. 5 Sinking Fund

£467,442. 8. 7. £504,157. 0. 0.

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