70. The results of the past 5 years are as follows:-
Year Gross Receipts Working Expenses Net Loss 1924 420,186.15 507,814.42 87,628.27 1925 430,578.31 529,901.49 99,323.18 1926 538,044.73 639,787.80 101,743.07 1927 713,424.85 715,769.41 2,344.56 1928 820,994.90 800,954.17 Net Revenue 20,040.7371. Through and Joint Sectional passengers carried were as follows:-
1926 1927 1928 Passengers booked at Stations in British Territory to Stations in China excluding Shum Chun the border station. Passengers booked at Stations in China excluding Shum Chun the border station to Stations in British Territory 18,031 17,609 202,893309,917
72. The Local passengers carried were as follows:-
Main Line Fanling Branch 1926 1,151,780 48,451 1927 835,240 27,699 1928 826,374 5,93373. The final division of through and joint sectional traffic receipts were agreed between the two Administrations to end of June, 1928.
74. Claims outstanding against the Chinese Section on account of suspension of Through and Joint Sectional traffic, Hire of Rolling Stock and Demurrage, which stood at $993,449.22 at the end of 1927, have increased by $4,146.99.
75. Debits in respect of Demurrage and Hire of Rolling Stock for the year 1928 were accepted by the Administration of the Chinese Section and the accounts adjusted accordingly. The claims for Suspension of Traffic and Demurrage of Wagons for 1924 and 1925 were however not accepted and the total outstanding at the end of the year was as follows:--
Suspension of Traffic (1923-1927) 935,302.75 Do. 1928 (9 days) 5,905.46 941,208.21 Demurrage of Wagons (1924-1925) 56,388.00 Total due by Chinese Section to British Section $997,596.21