158
110
Appendix IV,-Continued.
ASSETS AND LIABILITIES ON 31ST DECEMBER, 1928, AND
31ST DECEMBER 1929, (ESTIMATED).
1928.
Revenue...
.$24,968,399.00
Revenue....
1929.
.$22,700,000.00
Expenditure
21,230,242.00
Expenditure
23,079,368.00
Surplus
$3,738,157.00
Deficit
379,368.00
Exchange Fluctuation Account
367,715.00
4,105,872.00
Balance of Assets, (1927)
3,985,761,00
Balance of Assets, (1928)
.$ 8,091,633.00
Balance of Assets, (1928)
Balance of Assets, (1929)
8,091,633.00
7,712,265.00
Dr.
LOAN ACCOUNT.
1928.
1929.
1928.
1929.
Cr.
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 he paid off on the 1st November, 1938..
£1,485,782. 16. 5 '£1,485,732. 16. 5 Sinking Fund. £631,051. 0. 0. | £676,720. 0. 0.
$4,927,000
$4,927,000 Sinking Fund. £ 20,666. 0. 0. £ 21,496. 0. 0.
$333,000.00
Appendix V
STATEMENT OF 1925 TRADE LOAN.
Trade Loan 1925.
£3,000,000 authorised £1,800,000 horrowed
1925.
£1,800,000
1928.
£400,000 repaid in 1926, £550,000 repaid in 1927. and £435,000 repaid in 1928. Balance £415,000 Deposit with the Hong Kong and Shang- hai Banking Corporation, Note London, against Issue.
Onl
1928.
$15,628,782.84
:
.$2,604,930.00
Loans issued........ Less repaid 1926.... 1927.
1928....
4,845,879.76 3,403,560.02
Less amount written off as
Irrecoverable
Total Loans Outstanding
10,854,369.78
4,774,413.06
76,506.93
..$ 4,697,906.13
Overdraft in Hong Kong......$ 4,023,050.88
>