Year.

Net Earnings.

S 27

DETAILS OF THE ACCUMULATED DEFICITS FROM COMMENCEMENT OF OPERATIONS TO END OF 1932 $8,844,331.58.

Loss on Working.

Interest debits on Wu Chang Loan, Crown

Loss by

robbery.

!

Various items not included in

previous

Agents Advances and Special Ex- penditure.

Portion of Special Expenditure from 1917

to 1924

years (Debit). chargeable

Income Account in the Annual Reports.

Various items not included in previous

years,

to revenue.

(Credit).

Transport of Government Passengers, Rent

of Railway Quarters for the year from

1925 (Credit).

Depreciation on Rolling Stock prior to 1926 (Debit).

Loss on pro

perty retired excluding Rolling Stock.

Profit on property retired.

Pensions paid prior

to 1926.

1910832.66 191124,845.14 191234,298.24 191387,824.74 191490,241.93 191546,503.11 191669,524.01 191790,814.98 191877,053.36 191973,060.63 192033,032.06 1 192175,989.71 1922148,151.40 192348,791.35 192487,628.27 4,7 15,589.76 827,326.80 161,284.76 192599,323.18 4,715,589.76417,191.43 44 1,703.61 139,827.11 213,115.84 47,081.34 1926101,743.07 453,898.92 8,987.44 10,710.06 617,132.32 19272,344.56 492,298.41 695.33 11,483.65 192820,040.73 489,571.01 11,394.57 1929138,767.19 496,817.79 10,299.30 1930133,106.47 (1) 9,549.36 (2) 32,204.23 651,568.82 10,402.61 1931150,004.76 829,593.59 10,752.79 1932333,412.15 698,961.89 (4)7,156.15 Total,1,602,748.16 364,675.57 9,245,491.65 1,703.61 139,827.11 213,115.84 47,081.34 74,030.42 617,132.32 41,753.59 7,156.15 695.33

(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.3.0. 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.

(4) Amount received by sale of Fanling Branch Line rails in excess of "book value”.

Interest on Depre- ciation Reserves Total. (Credit). c. 4,049,527.66815,092.39 1,162,759.58 483,159.32 467,685.10 379,955.53 (3) 30,494.93477,564.81 9,100.20659,639.84 9,440.24348,947.35 49,047.378,844,331.58
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