366
16
—
367
11. STATEMENT OF ASSETS AND LIABILITIES ON DECEMBER, 1931.
LIABILITIES.
ASSETS.
THE 31ST
DEPOSITS-
Contractors and
ADVANCES:-
Officers Deposits...
Suitors Fund
415,261.81 590,712.07
1,451.91
Ou account of Future Loan Purchase of three Locomotives for Chinese Section Kowloon-Canton Railway Miscellaneous
3,484,014.01
447,468.26 83,036.70
Miscellaneous De-
posits
Postal Agencies ..... Suspense Account Exchange Adjustment.. Trade Loan Reserve
Praya East Reclamation Coal Account
Crown Agents-Over-
draft......
2,611,171.02
923,010.85 382,099.29
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......
1,053,924.31
13. 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 $1,363,434 represents the market value of the stocks as at 31st December 1931 and was invested as follows:-
6,330.31
1,296,805.90
AMOUNT OF STOCK, &C.
NOMINAL VALUE.
COST PRICE.
MARKET VALUE.
1,363,434.80
STERLING INVESTMENT.
41,588.44
Trade Loan Out-
stauding
1,232,579.76
London County Council,
(1945-85) Natal. (1929-49)
41% Stock. ...3 %
£ 10,137.14.
7.600. 0. 0.
21
£9,137. 2. 0 (884)
5,646, 7, 0 (69)
Unallocated Stores,
(P. W. D.),... Unallocated Stores,
517,248.14
Newcastle Corporation,
(1945-55).
-41% Queensland, (1940-60) ...5 % Treasury Bond, (1932-4) 4%
+1
10,000. 0. 0 29,009.16.10 50,972. 9. 5
9.600, 0. 0 (90) 28,719.14.11 (73) 50,993, 9,11 |(977)
£8,971.17. 3 5,244. 0. 0
9,000. 0. 0 21,177, 3. 6 49.698. 3. 2
(Railway)
163,545.31
Lorry Haulage Account
1,743.26
£107,720. 0. 3 £104,096.13.10
£94,091. 3.11
Total Liabilities.
6,065,769.53
CASH BALANCE :—
Treasurer
3,588,678.89
*Joint Colonial
Excess of Assets over
Liabilities
*****
11,347,629.47
Fund.... Fixed Deposits
|2,303,999.99
1,828,999.92
Total..... 17,413,398.00
* Joint Colonial Fund £159,000 0s. Od.
Total
....$ 17,413,398.00
ADVANCE ON ACCOUNT OF FUTURE LOAN.
16. This money has been expended as under :-
Aberdeen Water Scheme......
Aerodrome
$1,868,983.12
740,331.42
Shing Mun Valley Scheme 1st Section...
367,961.85
Filters
$8,831.34
3)
417,906.28
12. The excess of Assets over Liabilities on the 1st January 1930 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
$3,484,014.01