29

CAN TON

KOWLOON RAILWAY

(Main Line

Length of Line

(Loops and Sidings

143.30 Km.)

21.04 Km.)

)164:34 Kilometres

Total at Dec. 31, 1928

Estimates for 1929

Estimated Total

at

December 31,1929

1. Assets

Cost of Road & Equipment

15,914,900.23

Working Assets:-

Cash

63,229,27

Stores

235,005.57

Others

24,473.86

Total

322,708.70

Grand Total

16,237,608.93

2. Liabilities

Permanent Govt. Investment

3,096,157.58

3,096,157.58

Mortgage Bond s

12,226,500.00

12,226,500.00

Working Liabilities:- Interest in arrears

Trustees Remuneration

2,139,637.50 611,325.00

52,353.40 15,195.49

2,750,962.50

67,548.89

Advances from

B.&C. Corporation (1)

65,859.15

5,239.85

71,099.00

"

#1

(2)

311,144.01

24,891.52

336,035.53

Obligations for Materials

91,003.48

91,003.48

Unpaid Wages

55,469.44

55,469.44

Domestic Loan

55,192.90

55,192.90

Tatal

2,770,659.88|656,651.86

3,427,311.74

Grand Total

18,749,969.32

18,093,317.46 656,651.86

(1) Sterling Advance for payment of interest on Mortgage Bonds

due on May 18th, 1925.

(2) Advance in Dollars for payment of principal and interest on

Mortgage Bonds due on December 1st, 1924.

Note: The difference between the amount of $2,770,659.88 as shown above under "Working Liabilities" and the amount of $2,282,361.54 shewn under the same head in the Railway's General Balance Sheet at December 31st, 1928, is explained by the fact that various loans and advances made to the railway have been included as "Temporary Advances from Government" in the said Balance Sheet.

1.

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