1

ACCUMULATED DEFICITS.

Income Account in the Annual Reports.

$ 39 -

Total.

47,081.34 8,987.44 10,710.06 617,132.32 695.33 11,483.65 ... 4,049,527.66 815,092.39 1,162,759.58 483,159.32 11,394.57 10,299.20 (1) 9,549.36 (2) 32,204.23 467,685.10 379,955.53 10,402.61 (3) 30,494.93 477,564.81 10,752.79 ... 9,106.20 659,639.84 ..(4) 7,156.15 9,446.24 348,947.35 10,649.49 45,937.62 10,054.30 105,053.25 121.63 2,756.86 47,081.34 76,908.91 617,132.32 41,753.59 7,156.15 695.33 69,751.16 8,693,340.71

(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 Lines rails in excess of "book value".

C.

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