246
120
Appendix IV,—Continued.
ASSETS AND LIABILITIES ON 31ST DECEMBER, 1929, AND
31ST DECEMBER 1930, (ESTIMATED).
Revenue....
1929.
.$23,554,475.00
1930.
Expenditure
21,983,257.00
Revenue...
Expenditure
24,066,000,00
28,303,500.00
Surplus
1,571,218,00
Deficit
4,237,500.00
Balance of Assets, (1928)
Balance of Assets, (1929)
8,091,634.00
...$ 9,662,852.00
Balance of Assets, (1929)
Balance of Assets, (1930)
9,662,852.00
5,125,352.00
Dr.
Inscribed Stock Issues of 1893 and 1906 at 31% interest per annum. To be paid off on the 15th April, 1943
Public Works (1927) Loan at 6% interest
per annum.
To be
paid off on the 1st November, 1938......
1
Trade Loan 1925.
£3,000,000 authorised £1,800,000 borrowed
LOAN ACCOUNT.
1929.
1930.
1929.
1930.
Cr.
£1,485,732. 16. 5£1,485,732. 16. 3 Sinking Fund
£67,462. 0. 0. £726,048 0. 0.
$4,927,000
$4,927,000 Sinking Fund. £ 51,320, 0. 0.
£51,320 0. 0. $333,000 0. 0.
Appendix V.
STATEMENT OF 1925 TRADE LOAN.
1929.
1925.
£1,800,000 £400,000 repaid in 1926, £550,000 repaid in 1927, £135,000 repaid in 1928 and £145,000 repaid in 1929. Balance £270,000 Deposit with the Hong Kong and Shang- hai Banking Corporation, London, against Note Issue.
on
1929.
Loans issued........
Less repaid:
$15,629,818.69
1926.
..$2,604,930,00
1927.
4,845,879.76
1928.
3,403,560.02
1929.....
1,356,536.86
Less amount written off as
Irrecoverable
12,210,906.64
3,118,912.05
78,889.83
Total Loans Outstanding ...$ 3,340,022.22
Overdraft in Hong Kong......$ 2,532,468.64