Dr.

106

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1922, AND 31ST DECEMBER, 1923,

(ESTIMATED).

Revenue,

Expenditure,

Surplus.....

Exchange Fluctuation Account,

Balmure of Assets, (1921),

Balance of Assets, (1922),

1922.

1923.

.$22,291,064.81 18,563,002,91

Revenue, Expenditure,

22,981,474

21,579,530

.$ 3,728,061.90

Surplus

1,402,944

2,451,834.66

6,478,745.85

Balance of Assets, (1922),

12,658,642

.$12,658,642,41

Balance of Assets, (1923),

.$

14,061,586

LOAN ACCOUNT.

1922.

1923.

1922.

1923.

Cr.

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

Inscribed Stock Issues

$3,000,000

$3,000,000 Sinking Fund, .

$906,699 and

£93,657 Stg.

$1,150,821 and

£98,503 Sig.

of 1893 and 1906 at 34%. Interest to be

paid off on the 15th! April, 1943,

£1,485,782. 16. 5 £1,485,732. 16. 5| Sinking Fund,. £399,591, 0, 0.

£433,127.0, 0.

C. McI. MESSER,

Treasurer,

HONGKONG, 29th September, 1923.

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