A (1) 3 -
A sum of $2,142,689 was expended on Compensation and Resumptions against an estimate of $100,000. There were savings due to works being delayed or deferred owing to various causes resulting in a total excess expenditure under Public Works Extraordinary of $1,115,685.
There was a saving of a sum of $341,645 under the Kowloon Canton Railway, the estimates for certain items of Rolling Stock and Constructional Works under the head "Special Expenditure" being partly expended only.
5. The Expenditure for the year exceeded the Revenue by the sum of $2,516,788.
6. The following statement shows the Liabilities and Assets on the 31st December, 1924 :-
LIABILITIES.
$ C. ASSETS. Deposits not Available: 1,118,530.86 Subsidiary Coins 990,091.10 Postal Agencies 195,179.07 Building Loans 989,900.00 Advances 29,577.59 Imprest 2,800.96 Shipping Control Ac. 8,693.85 House Service A/c., 2,220,493.91 Overdraft-Bank Suspense Account $. C. Crown Agents' De- 1,117,385.33 posit Account.. Unallocated Stores, 3,314,426.96* 4,785.55 (P. W. D.),. D.)........ 566,979.87 Unallocated Stores, (Railway) 211,446.65 Coal Account.... 103,774.88 Investment Account 8,972,105.70† Total Liabilities 4,790,776.21 Balance 13,107,549.29 Total.....$17,898,325.53 Fixed Deposit A/c... 500,000.00 Crown Agents' Cur- rent Account 42,926.49 Total..... 17,898,325.53*Cash lent at Interest.......... £7,000 0s. 0d.
Cash on Deposit....£624,088 4s. 1d.
† Invested as follows:
1
น
A (1) 3 -
A sum of $2,142,689 was expended on Compensation and Resumptions against an estimate of $100,000. There were savings due to works being delayed or deferred owing to various causes resulting in a total excess expenditure under Public Works Extraordinary of $1,115,685.
There was a saving of a sum of $341,645 under the Kowloon Canton Railway, the estimates for certain items of Rolling Stock and Constructional Works under the head "Special Expenditure" being partly expended only.
5. The Expenditure for the year exceeded the Revenue by the sum of $2,516,788.
6. The following statement shows the Liabilities and Assets on the 31st December, 1924 :-
LIABILITIES.
$ C.
ASSETS.
Deposits not Available: 1,118,530.86| Subsidiary Coins
Postal Agencies
Advances
29,577.59 Building Loans
Imprest
Shipping Control Ac. | 2,220,493.91 House Service A/c.,
Overdraft-Bank
Suspense Acconut
$.
C.
990,091.10 195,179.07
989,900.00
2,800.96
8,693.85
Crown Agents' De-
1,117,385.33
posit Account.. Unallocated Stores,
3.314,426.96*
4,785.55
(P. W. D.),.
D.)........
566,979.87
Unallocated Stores,
(Railway)
211,446.65
Coal Account....
103,774,88
Investment Account
8,972,105.70†
Total Liabilities
4,790,776.21
Balance
13,107,549.29
Total.....$17,898,325.53
Fixed Deposit A/e... 500,000,00
Crown Agents' Cur-
rent Account
42,926.49
|
Total..... 17,898,325.53
*Cash lent at Interest.........
£7,000 0s. Od.
Cash on Deposit....£624,088
48. id.
† Invested as follows:
1
No comments yet.
Private notes are available after approval.