S 25
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DETAILS OF THE ACCUMULATED DEFICITS FROM COMMENCEMENT OF OPERATIONS TO END OF 1931 $8,495,384.23.
Income Account in the Annual Reports.
Year. Net Earnings. Loss on Working Portion of Special Expenditure Interest debits on Wu Chang Loan, Crown Agents Advances and Loss by armed robbery. Various items not included in previous years (Debit). Various items not included in previous years (Credit). Total. 1910 832.66 1911 24,845.14 1912 34,298.24 1913 87,824.74 1914 90,241.93 1915 46,503.11 1916 69,524.04 1917 4,715,589.76 827,326.86 1918 77,053.36 1919 73,060.63 1920 33,032.06 1921 75,989.71 1922 148,151.40 1923 48,791.35 1924 4,715,589.76 161,264.76 87,628.27 1925 99,323.18 417,191.43 1,703.61 139,827.11 213,115.84 47,081.34 8,987.44 4,049,527.66 815,092.39 1926 101,743.07 453,898.92 10,710.06 617,132.32 695.33 1927 2,344.56 492,298.41 11,483.65 1928 20,040.73 489,571.04 11,394.57 (1) 9,549.36 1929 138,767.19 496,817.79 10,299.30 (2) 32,204.23 1930 133,106.47 651,568.82 10,402.61 1931 150,094.76 829,593.59 10,752.79 Total, 1,269,336.01 8,546,529.76 364,675.57 1,703.61 139,827.11 213,115.84 47,081.34 74,030.42 617,132.32 1,162,759.58 483,159.32 407,685.10 379,955.53 (3) 30,494.93 9,106.20 477,564.81 659,639.84 41,753.59 695.33 39,601.13 8,495,384.23(1) Difference between original cost and scrap value of 437 telephone poles transferred to P.W.D. in 1928.
(2) Represents the difference between original cost and estimated value of rails and fastenings and various expenditure items written off in connection with closing of the Fanling Branch Line account authorised in C.8.9. 1114/16. See statement of sales summary of allocation.
(3) $22,414.25 being interest on Depreciation Reserves from 1926 to 1929 credited to P.L. account-Delayed Operating Credits and $8,080.68 interest in respect of the year 1930 credited to Income Account-Interest.