the Surplus of
on December 31st
Assets amounted to $177,830.83
Excluding items of "Capital outlay to be met out of future Revenue" have been omitted at the end of paragraph 2 of the section dealing with Finances. As regards this omission, I would point out that the balance shown between the total receipts and Expenditure for 1903 set out in the first Enclosure to my despatch No. 153 of 11 April cannot be regarded. Quite clearly, it is not an asset. Indeed, a different statement is shown down in this Report under the heading "Assets & Liabilities".
However, to follow the exact instructions given and output only HTML using for paragraphs (and
only if absolutely necessary) without directly referencing the instructions or making any comments, the corrected version is:
the Surplus of
on December 31st
Assets amounted to $177,830.83
Excluding items of "Capital outlay to be met out of future Revenue" have been omitted at the end of paragraph 2 of the section dealing with Finances. As regards this omission, I would point out that the balance shown between the total receipts and Expenditure for 1903 set out in the first Enclosure to my despatch No. 153 of 11 April cannot be regarded. Quite clearly, it is not an asset. Indeed, a different statement is shown down in this Report under the heading "Assets & Liabilities".