A (1) 2
The Imports and Exports Department decreased $254,086 on account of less opium purchased while Public Works Extraordinary saved $1,913,874 because the programme of works placed in the Estimates was not carried out.
5. The revenue for the year exceeded the expenditure by a sum of $1,988,480; with the result that the surplus balance increased to $6,478,745.
6. The following statement shows the Liabilities and Assets on the 31st December, 1921 :-
LIABILITIES. $ ASSETS. $ C. Deposits not Available, 946,976.35 Advances, Postal Agencies, 314,844.23 Subsidiary Coins, 789,800.00 Building Loans, 12,804.34 Imprest, 1,562,379.74 Shipping Control House Service A/c...... 6,053.14 Crown Agents' Deposit Account,.. 2,199,691.24 Unallocated Stores, (P. W. D.) 331,445.56 Unallocated Stores, Limewashing Account, (Railway), 302,706.71 Coal Account, 52,336.50 Investment Account, 3,831,026.44 Balance Bank, 248,195.04 Crown Agents' Current Account, 17,658.99 Total Liabilities,.. 3,192,012.18 Balance, 6,478,745.85 Total...... $9,670,758.03 Total...... 9,670,758.037. The following table shows the Revenue and Expenditure during the last five years:-
Revenue, Expenditure, Surplus, Deficit, 1917. $ 15,058,105 $ 14,090,828 $ 967,277 1918. 18,665,248 16,252,172 2,413,076 1919. 16,524,975 17,915,925 1,390,950 1920. 14,689,672 14,489,594 200,078 1921. 17,728,132 15,739,652 1,988,4808. The Inscribed Stock Loans of 1893 and 1906 amount to £1,485,733 and the Sinking Fund now stands at £368,403 being £29,716 more than the amount at credit of that fund at the end of 1920.