110
Appendix V,-Continued.
ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1932.
1931.
1932.
Excess of Assets over Liabilities at 1st
January, 1931
.$ 9,361,679
Brought forward...$
9,413,547
Revenue to 30 June, 1931...$15,812,386 Estimated Revenue for six
mouths ending December
Estimated Revenue for 1932.....
.$ 33,991,510
31st. 1931
..$15,391,982
$ 43,403,057
Revised Estimate of Revenue for 1931...$ 31,204,368
$40,566,047
Estimated
1932.....
expenditure for
.$33,981,661
Expenditure to 30th June,
1931 Estimated Expenditure for six months ending Decem- ber, 31st 1931
Revised Estimate of Expenditure for 1931 $31,152,500
..$14,609,051
Expenditure from Surplus
Balances
..$ 1,000,000
.$16,543,449
$ 34,981,661
Estimated excess of Assets over Liabili-
ties at December 31st, 1931
Estimated excess of Assets over Liabilities
on 31st December, 1932
8,423,396
.$9,413,547
Dr.
Inscribed Stock Issues of 1893 and 1906 at 31% interest per To be paid off on the 15th April, 1943
annum.
Public Works (1927) Loan at 6% interest per annum. To be paid off on the 1st ! November, 1938......
LOAN ACCOUNT.
1930.
1921.
1930.
1931.
Cr.
£1,485,732. 16. 5 £1,485,732 16. 5 Sinking Fund.
£719,664 8. 4.
£766,100 0. 0.
$4,927,000
$4,927,000 Sinking Fund.
£75,748 16. 5.
£76,770 0. 0. $333,000
Appendix VI.
STATEMENT OF 1925 TRADE LOAN.
1930.
Trade Loan 1925.
£3,000,000 authorised £1,800,000 borrowed
1930.
£400,000 repaid in 1926, £550.000 repaid in 1927,
Loans issued.
Less repaid:
$15,632,343.34
1926...
.$2,604,930.00
£435,000 repaid in 1928,
1927
4,845,879.76
£145,000 repaid in 1929
1928.
3,403,560.02
and £270,000 repaid in 1930.
1929.
1,356,536.86
1930..
1,280,842.65
13,491,749.29
2,140,594.05
Less amount written off as
Irrecoverable
76,412.30
Total Loans Outstanding ...$ 2,064,181.75