87. The results of the past 5 years are as follows:-
Year Gross Receipts. Operating Expenses. Net Loss. Net Revenue.
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 $20,040.73
1929...... 890,744.54 751,977.35 138,767.19
88. Through and Joint Sectional passengers carried were as follows:
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
1927. 202,893
1928 309,917
1929. 375,144
89. The Local Passengers carried were as follows:—
Main Line Fanling Branch
1927 835,240 27,699
1928 826,374 5,933
1929 895,579 closed.
90. The final division of through and joint sectional traffic receipts were agreed between the two Administrations to the end of June, 1929.
91. 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 $997,596.21 increased by $23,996.40.
92. Debits in respect of Demurrage and Hire of Rolling Stock for the year 1929 were accepted by the Administration of the Chinese Section and the accounts adjusted accordingly.
93. The Claims for Suspension of Traffic (1923 to 1929) 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 to 1928 $941,208.21
Suspension of Traffic (37 days in 1929) 23,966.40
$965,174.61
Demurrage of Wagons 1924 and 1925 56,388.00
$1,021,562.61
Total due by Chinese Section to British Section