A (1) 2
while another factor was the absence of a large part of the staff, their salaries being charged to War Expenditure under Miscellaneous Services.
5. The expenditure for the year exceeded the revenue by a sum of $1,390,950; with the result that the surplus balance decreased to $4,920,187.
6. The following statement shows the Liabilities and Assets on the 31st December, 1919 :-
LIABILITIES $ C. ASSETS $ C. Deposits not Available, 1,369,266 59 Subsidiary Coins, 844,316 93 Postal Agencies, 74,320 32 Advances, other items, 659,987 90 Rice, 956,839 13 Imprest, 12,488 25 Shipping Control A/c., 2,216,204 11 House Service A/c., 4,402 14 Crown Agents' Deposit Account, 375,308 64 Suspense Account, 15 00 Unallocated Stores, Overdraft, Bank, 1,179,928 37 (P. W. D.), 205,368 91 Overdraft, Crown Agents' Current A/c., 35,220 25 Unallocated Stores, (Railway), 207,519 94 Total Liabilities, 4,874,954 64 Coal Account, 706,137 84 Investment Account, 5,192,772 86 Balance, 4,920,187 90 Total $9,165,142 54 Total $9,165,142 54 Total $9,165,142 547. The following table shows the Revenue and Expenditure during the last five years:-
1915 1916 1917 1918 1919 Revenue $11,786,107 $13,833,386 $15,058,105 $15,149,268 $16,524,975 Expenditure $11,079,914 $14,090,828 $16,252,172 $17,915,925 $17,915,925 Surplus $2,753,472 Deficit $967,277 $2,413,076 $3,363,161 $1,390,950PUBLIC DEBT.
8. The Inscribed Stock Loans of 1893 and 1906 amount to £1,485,732 and the Sinking Fund now stands at £310,469 being £26,866 more than the amount at credit of that fund at the end of 1918.
The local Loan (under Ordinance No. 12 of 1916) stands at $3,000,000 with a Sinking Fund of $224,720 and £80,628 sterling.
A (1) 2
while another factor was the absence of a large part of the staff, their salaries being charged to War Expenditure under Micellaneous Services.
5. The expenditure for the year exceeded the revenue by a sum of $1,390,950; with the result that the surplus balance decreased to $4,920,187.
6. The following statement shows the Liabilities and Assets on the 31st December, 1919 :-
LIABILITIES.
$
C.
ASSETS.
៩.
c.
Deposits not Available, 1,369,266.59
Subsidiary Coins,
844,316.93
Postal Agencies,...
74,320.32
Advances, other items,
Rice,...
659,987.90
956,839.13
27
Imprest,
12,488.25
Shipping Control A/c., 2,216,204.11
House Service A/c.,
4,402.14
Crown Agents' De-
Suspense Account,.............
15.00
posit Account,..
375,308.64
Unallocated Stores,
Overdraft, Bank,........................... 1,179,928.37
Overdraft, Crown
Agents' Current Afc., 35,220.25
Total Liabilities,... 4,874,954.64
(P. W. D.),.....................
205,368.91
Unallocated Stores,
(Railway),
207,519.94
Coal Account,
706,137.84
Investment Account, 5,192,772.86
Balance,
4,920,187.90
Total...... $9,165,142.54
Total,......$ 9,165,
9,165,142.54
7. The following table shows the Revenue and Expenditure during the last five years:-
1915.
1916.
$9
Revenue,.. Expenditure, Surplus, Deficit,
$ 11,786,107 13,833,386 15,058,105 15,149,268 11,079,914 14,090,828
2,753,472 967,277
1917,
$
1918.
1919.
$
$ 18,665,248 16,524,975 16,252,172 17,915,925
2,413,076
3,363,161
1,390,950
PUBLIC DEBT.
8. The Inscribed Stock Loans of 1893 and 1906 amount to £1,485,732 and the Sinking Fund now stands at £310,469 being £26,866 more than the amount at credit of that fund at the end of 1918.
The local Loan (under Ordinance No. 12 of 1916) stands at $3,000,000 with a Sinking Fund of $224,720 and £80,628 sterling.
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