116
Appendix IV,-Continued.
ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1935.
1984.
1935,
Excess of Assets over Liabilities at 1st
January, 1934
Revised Estimate of Revenue for 1934...$ 29,670,634
$43,494,259
Revised Estimate of Expenditure for 1934 $30,893,000
Brought forward .....
12,601,259
.......$ 13,823,625
Estimated Revenue for 1935.....
.$ 30,585,650
$ 48,186,909
Estimated expenditure for 1935
$ 32,556,102
Estimated excess of Assets over Liabili-
ties at December 31st, 1934 ......
$ 12,601,259
Estimated excess of Assets over Liabilities
on 31st December, 1935
:$ 10,630,807
Dr.
Inscribed Stock Issues of 1893 and 1906 at 3% interest per annum. To be paid off on the 15th April, 1943
Public Works (1927) Loan at 6% interest
LOAN ACCOUNT.
1933.
1934.
1933.
1934.
£1,485,732. 16. 5
Sinking Fund £911,747. 12. 6
per annum. To be paid off on the 1st November, 1938......
$4,927,000
Converted to 4% to be
paid off in 20 years.....
4,838,000
$4,838,000
Hong Kong 3% Dollar
Loan to be paid off by
25 annual drawings
commencing
15th
July, 1935
1
14,000,000
Sinking Fund. £132,192. 0. 10
Appendix V.
STATEMENT OF 1925 TRADE LOAN.
Cr.
£12,127. 2. 7
1932.
Trade Loan 1925.
£3,000,000 authorised £1,800,000 borrowed
1932.
Loaus issued... Less repaid
.$15,633.582.97
!
£400,000 repaid in 1926,
1926..
$2,604,930.00
£550,000 repaid in 1927,
1927.
4,845,879.76
£435,000 repaid in 1928,
1928.
3,403.560.02
£145,000 repaid in 1929
1929..
1,356,536.86
and £270,000 repaid in
1930.
1,280,842.65
1930.
1931.
832,241.62
1932
451,828 26
1933..
147,000.00
14,922,819.17
710,763.80
Less amount written off as
Irrecoverable
136,263,30
Total Loans Outstanding
:
574,500.50