Appendix III,-Continued.
Revised Estimate of Revenue for 1934..
DEDUCT :-
Opium Monopoly
Water Service
Government
Use of Motor Vans
Contribution for Anti Piracy Escorts
Maintenance of Gap Rock Lighthouse, Contribution from Chinese
Widows' and Orphans' Pensions Contribution.
Wireless Telegraphy Services.
Kowloon Canton Railway
ADD:-
Condemued Stores &c.
Land Sales
Realization of Sterling Securities
Interest on 4% Conversion Loan
Sinking Fund on above
Net Receipts on Productive Undertakings.—-
113
$29,670,634
700,000
25,000
100,000
750
31,000 330,000
671,500
1,687,400
13,000
590,000
125,000
193,520
166,911
4,634,081
25,036,553
OPIUM MONOPOLY
Gross Receipts
Less Working Expenses
700,000 197,126
Net Profits...........
502,874
WATER SERVICE.
Gross Receipts.
Less Working Expenses
25,000 37,000
Net Profits..
Nil.
USE OF MOTOR VANS.
Gross Receipts
Less Working Expenses
31,000 32,810
Net Profits...
Nil,
WIRELESS TELEGRAPHY SERVICES.
Gross Receipts
671,500
Less Working Expenses
459,640
"}
Capital Expenses to 1933
37,596
**
"
for 1934 $263,679 @ 4%...
10,547
507,783
Net Profits.
163,717
KOWLOON CANTON RAILWAY.
Gross Receipts.
1,687,400
Less Working Expenses
Interest on 3% Inscribed Stock
*
9)
Sinking Fund on above
1,104,506 719,444 204,867
2,028,817
Net Profits
Nil.
Revised Estimate of Revenue assessable for Defence Contribution for 1934. Estimate of Revenue assessable for Defence Contribution for 1934
25,703,144 27,287,491
Overestimated
$ 1,584,347
20% of.......
$1,584,347 $316,869
=