Appendix II.
CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1934.
Estimated Revenue
DEDUCT:-
Opium Monopoly
Water Service
REVENUE
HEAD 3.
HEAD 4.
Contribution for Anti-Piracy Escorts
Maintenance of Gap Rock Light House, Contribution from Chinese
Government
Use of Motor Vans
Widows' and Orphans' Pensions Contribution.....
HEAD 5.
Wireless Telegraphy Services
HEAD 6.
Kowloon-Canton Railway
HEAD 9.
Condemned Stores, &c.
HEAD 10.
Land Sales
EXPENDITURE
HEAD 30.
Interest on 4% Conversion Loan ($4,927,000)
Sinking Fund on above
Revenue assessable to Defence Contribution
196,547 (1)
37,000
112,000
(2)
750
31,000 380,000 (3)
526,775 (2)
1,581,000 (4)
12,000 (5)
*
31,731.625
158
107
1,200,000 (6)
197,089 169,982
(7)
4,444,134
27,287,491
20% of $27,287,491
5,457,498
483,346 (8)
4,974,152
Less Estimated Overpayment on account of 1933 Contribution.......
Total
(1) For details see Statement on next page.
(2) Approved by Secretary of State.
(3) Ordinance No. 15 of 1908, s. 5.
(4) C. O. Despatch No. 250 of 19th August, 1911:-
Gross Receipts,.
Less Working Expenses
Interest @ 31% on Inscribed Stock Issue of 1906 (£1,143,933)=£40,038, Sinking Fund @ 1% on 34 % Inscribed Stock Issue of 1906 (£1,143,933)
-£11,440,.
Deficit,.....
.$ 1,581,000
$ 1,142,781 640,608
183,040
1,966,429
$
385,429
C. O. Despatch No. 129 of 29th April, 1922.
(6) Ordinance No. 1 of 1901, s. 2.
(7) Ordinance No. 15 of 1933.
(8) Estimated Overpayment on account of 1933 Military Contribution for 1934 Estimates :--
Revised Estimate of Revenue, 1933,
DEDUCT:-
Opium Monopoly.
REVENUE
HEAD 3.
HEAD 4.
Contribution for Anti-Piracy Escorts
Water Service
Government
Use of Motor Vans
Maintenance of Gap Rock Light House, Contribution from Chinese
Widows' and Orphans' Pension Contribution,..
HEAD 5.
Wireless Telegraphy Services
HEAD 6.
Kowloon-Canton Railway
HEAD 9.
Condemned Stores, &c.
HEAD 10.
Land Sales,
EXPENDITURE
HEAD 30.
Interest on 6% Public Works (1927) Loan ($5,000,000) Sinking Fund on above
Revised Estimate of Revenue assessable to Military Contribution,
Estimate of Revenue 1933 assessable to Military Contribution,
20% of $2,416,732,
568,965
34,000
115,000
750
31,010
348,000
466,839
1,574,000
12,000
2,400,000
Overestimated........
$ 33,027,000
221,715
5.772,279
27,254,721 29,671,453
2,416,732
483,346