120
16
11. STATEMENT OF ASSETS AND LIABILITIES DECEMBER, 1931.
LIABILITIES.
DEPOSITS
Contractors and
Officers Deposits...
Suitors Fund
..
ASSETS.
ON THE 31ST
6.
ADVANCES
415,261.81 590,712.07 |
Miscellaneons De-
posits
2,611,171,02
On account of Future Loan Purchase of three Locomotives for Chinese Section Kowloon-Canton Railway
3,484,014.01
Postal Agencies..... Suspense Account Exchange Adjustment.. Trade Loan Reserve
Praya East Reclamation Coal Account
Crown Agents-Over-
draft...
1,451.91 923,010.85
382,099.29 Miscellaneous 1,045,889.41 | Building Loans
142,642.33 Imprest Account. 2,672.68 | Subsidiary Coin
1,357.16 INVESTMENTS:
Surplus Fund
—
Crown Agents Re-
mittances...
447,468.26 83,036.70
1,053,924.31
6,330.31 1,296,805,90
17
18. The Crown Agents had a small overdraft on current account at the end of year of £93. 13s. 2d. The balance of moneys not required to meet current requirements was lent to the Joint Colonial Fund which amounted to £159,000 and is shown in the above statement as $2,303,999. This fund is drawn on from time to time as required by the Crown Agents.
14. The cash balance of $3,588,678 with the Treasurer in- cluded $1,295,643 held by the Official Receiver on account of Companies Liquidation and Bankruptcy. This letter figure also forms part of the sum of $2,611,171 shewn under Miscellaneous Deposits as a Liability.
15. The Surplus Fund $1,363,434 represents the market value of the stocks as at 31st December 1931 and was invested as follows:-
AMOUNT OF STOCK, &C.
NOMINAL VALUE.
COST PRICE.
MARKET VALUE.
1,363,434.80
41,588.44
Trade. Loan
Out-
standing
1,232,579.76
STERLING INVESTMENT.
London County Council,
(1945-85) Natal, (1929-49)
.41% Stock. .3 %
£ 10.137.14. 0
7.600, 0. 0!
Unallocated Stores,
Newcastle Corporation,
(1945-55)
(P. W. D.),........................... Unallocated Stores,
(Railway)
517,248.14
Queensland, (1940-60) ...5 % Treasury Bond, (1932-4) 41%
Jt
10,000. 0. 0 29,009.16.10 50.972. 9, 5
£9.137. 2. 0(884) £8,971,17. 3
5,646, 7.0 (69)
9.600, 0.0|(90) 28.719.14.11 (73) 50,993. 9.11 (973)
9,000. 0. 0 21,177. 3. 6 49,698, 3, 2
5,244. 0. 0
163,545.31
Lorry Haulage Account
1,743.26
|£ 107,720, 0, 3 | £104,096.13.10
£94,091. 3.11
Total Liabilities.
6,065,768.53
CASH BALANCE :—
Treasurer
3,589,678.89
Excess of Assets over
Liabilities
11,347,629.47
* Joint Colonial Fund... Fixed Deposits
2,303,999.99 1,828,999.92
Total .$ 17,413,398.00
* Joint Colonial Fund £159,000 0s. Od.
Total......$ 17,413,398.00
ADVANCE ON ACCOUNT OF FUTURE LOAN.
16. This money has been expended as under: —
Aberdeen Water Scheme.......
Aerodrome
Shing Mun Valley Scheme 1st Section...
31
Filters
17
}}
$1,868,983.12
740,331,42
367,961.85
88,831.34
12. The excess of Assets over Liabilities on the 1st January 1980 was $9,361,679. On the 31st December 1931 this sum had increased to $11,347,629; the difference of $1,985,950 is the ex- cess of revenue over expenditure as recorded in paragraph 1 of this Report.
Vehicular Ferry
417,906.28
$3,484,014.01
121