Dr.

66

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1921, AND 31ST DECEMBER, 1922,

(ESTIMATED).

1921.

1922.

Revenue, Expenditure,

$17,728,131.94 15,739,652.40

Revenue,.. Expenditure,

20,718,720

19,565,500

Surplus,......

Balance of Assets, (1920),

$1,988,479.54 4,490,266.31

Surplus,

1,153,220

Balance of Assets, (1921),

6,478,745

Balance of Assets, (1921),

.$ 6,478,745.85

Balance of Assets, (1922),

7,631,965

War Loan Stock Issue of 1916 at 6%. In- terest to be paid off on the 1st Decem- ber, 1928,

Inscribed Stock Issues of 1893 and 1906 at

LOAN ACCOUNT,

1921.

1922.

1921.

1922.

Gr.

$3,000,000

$3,000,000

Sinking Fund,

$664,495 and

£89,093 Stg.

$921,665 and

£93,715 Sig.

3%. Interest to be paid off on the 15th April, 1943,

£1,485,732. 16. 5 £1,485,732. 16. 5 Sinking Fund, £368,403, 0. 0.

£425,628. 0.0.

HONGKONG, 27th September, 1922.

D. W. TRATMAN,

Treasurer.

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