46. The amount paid for the buildings taken over from the China Light & Power Co., Ltd., viz., $30,000.00, less small adjustments, is included under Stations and Buildings. Under the head C-12, credit of $19,272.80 is taken in respect of the new garages built for use of Government motor cars and previously charged to Railway, and under C-15 $4,879.16 for a motor truck tyre press and other small items on account of Government. The total of the Capital Account after the inclusion of all adjustments to end of the year stands at $20,274,444.04.
47. The interest on construction account from commencement of operations to end of 1910 amounting to $701,705.62 has previously been included in the Capital Account. The interest charges from beginning of 1911 to end of 1924 amounting to $4,715,589.76 which is chargeable to Revenue now appears in the Surplus Appropriation Account. Interest for the current year $417,191.43 is included in Income Account.
48. After the inclusion of interest and other items for the current year, the balance at Income Account is $509,230.75 which is carried to Profit and Loss Account.
49. A sum of $139,827.11 inserted under delayed operating debits Profit and Loss Account, represents part salary of the Railway Medical Officer and other Government officers for services rendered, rent allowances drawn by European and Asiatic officers, passages paid by Government in years prior to 1925, and the value of stationery supplied free to the Railway by the Prison Department.
50. Similarly $47,081.34 appears under delayed operating credits Profit and Loss Account. Included in this sum is $31,105.20 in respect of transportation of Government passengers and goods from 1920 to 1924 for which services the Government departments concerned were not debited, $11,439.00 for rent of Railway Quarters occupied by officers of other Government departments, $3,500.00 allowance drawn by the Chief Mechanical Engineer in connection with supervision of repairs of Government motor vehicles and $1,036.75 on account of salary of Station Inspector paid from Railway funds after being transferred to the Imports & Exports Department.
51. With the exception of depreciation on rolling stock which has not yet been dealt with, all outstanding items have now been brought to account. The balance at Profit and Loss Account stands at $815,092.39 and is transferred to Surplus Appropriation Account. The total deficit at the end of the year being $4,864,620.05.