Amount

1920.

Gross Receipts.

Per cent, on

Revenue Account for the Year ending 31st December, 1921.

Expenditure.

Amount

1921.

Per cent. on

Gross Receipts.

Amount 1920.

Earnings.

Amount 1921.

Total,

Expenses,

68,651.83 13.20 46,458.02 8.93

Traffic Expenses,

General Charges,

74.00 .01

Miscellaneous Expenditure,

$ % 58,350.66 11.22 To Maintenance A C. $ C. Main Line. of Way and 93,079.26 17.89 11,736.09 23,371.41 Sundry }} Works, 299,967.29 57.67 Loco, Carriage and Wagon 158,933.64 | By Coaching Traffic,.. Goods 290,547.14 48.11 80,990.12 | 13.41 194,041.14 8.09 .01 287,956.45 By Coaching Traffic,... Local. $ F $ C. 155,847.65 11,891.54 20,100.82 187,840.01 48,880.74 Foreign. 24.00 379,840.32 27,112.13 Goods 24,511.61 Branch Line. 3,276.79 }} Sundry 4,409.78 3,882.13 .75 To Maintenance of Way and 318,345.37 408,761.71 Works, 4,708.91 .79 Branch Line. "} 9,051.59 1.74 Loco, Carriage and Wagon Expenses, 708.52 .13 " Traffic Expenses,.. 8,998.49 1.49 762.40 .11 7,325.09 164.50 By Coaching Traffic, Goods 6,740.88 638.17 "} Sundry J # $527,991.06 87.42 7,789.59 7,379.05 Balance (Net Earnings), 75,989.71 12.58 $487,144.04 93.65 33,032.06 6.35 $520,176.10 100.00 100.00

J. MORRIS,

Chief Accountant.

Kowloon, 25th May, 1922.

$603,980.77 100.00 520,176.10

$603,980.77

H. P. WINSLOW,

Manager.

S 12

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