LOAN
C.O.
2553
REC
THE BRITISH AND CHINESE CORPORATION, LIMITED 24 JAN 30!
77
ROUGH ESTIMATE OF AMOUNT OF LOAN REQUIRED FOR CANTON-KOWLOON
RAILWAY (CHINESE SECTION).
£1,500,000. £2,000,000. 1,350,000. 1,800,000. Deduct Interest and Service of Loan during construction, 2 years at 5% and 1% 150,376. 200,500. £1,199,624. £1,599,500. Add Interest on Loan Funds pending expenditure at 2½% 32,493. 54,539 £1,232,117. £1,664,039. Construction and Equipment including commission to British and Chinese Corporation on materials:- Construction and Equipment £979,659. Commission 20,341 £1,000,000. £1,000,000. Balance for Land, Working Capital, Expenses of Board of Commissioners) and Office, and margin for contingencies such as extra cost and or longer period of construction. If Interest is allowed on Loan Funds at 3% £232,117. £654,039. balance would be increased by:- £6,728. £11,256. £238,845. £665,295. If Interest is allowed on Loan Funds at 3¾% balance would be increased by:- £13,532 £22,632. £245,649. £676,671.