Appendix III,-Continued.
344
111
1932.
Excess of Assets over Liabilities at 1st
January, 1932
..$ 11,347,629
ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1933.
1933.
Brought forward ..........$ 11,812,803
Revenue to 30 June, 1932...$16,896,115 Estimated Revenue for six
months ending December 31st 1932
Estimated Revenue for 1933.............................................. .$ 34,002,575
$16,256,559
$ 45,815,378
Revised Estimate of Revenue for 1932...$ 33,152,674
$44,500,303
Estimated expenditure for
1933.....
..$34,699,247
Expenditure to 30th June,
1932
Estimated Expenditure for
six months ending Decem- ber, 31st 1932
Revised stimate of Expenditure for 1932 $32,687,500
$15,478,197
Expenditure
Balances
from Surplus
.$ 500,000
$17,209,303
$ 35,199,247
Estimated excess of Assets over Liabilities
Estimated excess of Assets over Liabili-
ties at December 31st, 1932 ..
on 31st December, 1933
$ 10,616,131
.$ 11,812,803
Dr.
LOAN ACCOUNT.
1931.
1932.
1931.
1932.
Cr.
Inscribed Stock Issues of 1893 and 1906 at 34% 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.................
.£1,485,732. 16. 5 |£1,485,732. 16. 5. | Sinking Fund. £761,447. 14. 6. £798,200, 0. 0.
$4,927,000
$4,927,00 Sinking Fund. £ 98,036. 12. 3. | £101,460. 0. 0.
$333,000
Appendix IV.
STATEMENT OF 1925 TRADE LOAN.
1931.
Trade Loan 1925.
£3,000,000 authorised £1,800,000 borrowed
1931.
£400,000 repaid in 1926, £550.000 repaid in 1927, £435,000 repaid in 1928,
Loans issued..... Less repaid:
1926..
.$15,633,582.97
..$2,604,930.00
1927
4,845,879.76
£145,000 repaid in 1929
1928.
3,403,560.02
and £270,000 repaid in 1930.
1929.
1,356,536.86
1930......
1,280,842.65
1931...
832,241.62
14,323,990.91
1,309,592.06
Irrecoverable
Less amount written off as
Total Loans Outstanding ...$ 1,232,579.76
77,012.30