AnnualReport-1932

Dr.

Previous Year

1

- $ 25

INCOME STATEMENT

PART 1-INCOME ACCOUNT.

Current Year Previous Year cts. cts. I- 8 Balance, Net Loss cts. 150,094.76 829,593.59 I- 9 Interest on Funded Debt I-10 Interest on Current Debt 1-11 Contractual Dividends I-12 Interest on Government Investments 9,106.20 ..(A) 698,961.89 I-13 Loss on Industrial Investments 1-1 Balance, Net Revenue 1-2 Income from Securities.... 1-3 Interest on Depreciation Reserves I-4 Profit on Industrial Investments 1-5 Rent Receivable 1-6 Exchange (Gain) I-14 Amortization of Discounts on Funded Debt.... 10,752.79 I-7 Miscellaneous Credits:- 829,593.59 829,593.59 I-15 Taxes I-16 Rents Payable... I-17 Discount on Depreciated Currency.. I-18 Exchange (Loss).. 1-19 Miscellaneous Debits: Total 698,961.89 169,953.75 Balance 659,639.84 Total 698,961.89 829,593.59

(A) Interest on Wu Chang Loan for 1932

34% on £1,100,000 for 6 months @ 1/31

£1,100,000

6

17

37

Interest on Special Expenditure to 1931 (less sales and adjustments) 31% on $2,928,106.15

$305,454.55

1/3

291,023.62

$596,478.17

102,483.72

Total for the year.. .$698,961.89

Or.

Current Year 2 $ cts. 333,412.15 9,446.24 342,858.39 356,103.50 698,961.89

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