KOWLOON-CANTON RAILWAY (1935 ESTIMATES).
Gross Receipts
$1,692,900
35 END
Less Working Expenses
1,024,523
Net Profits
$668,377
Proportion (on $3,864,943) of
Interest on 3 Dollar Loan
Redemption of Bonds (3% Dollar
Loan)
$135,273
154,598
Total
$289,871
Railway earnings assessable
$378,506
=====
Old system of calculation.
Gross Receipts
$1,692,900
Less Working Expenses
$1,024,523
Interest at 3% on Inscribed
Stock Issue of 1906. £40,038
Sinking Fund at 1% on
Inscribed Stock Issue
of 1906.
£11,440
£51,478
772,170
$1,796,693
$ 103,793.
£51,478 @ 1s/4d.
Deficit.