37
6. On most other heads, however, the expenditure exceeded the estimate mainly as a result of the fall in exchange—the estimates being based on a rate of 1s. 4d. = 1 dollar whereas the Treasury rate averaged 1s. 1d. = 1 dollar.
7. Debt. The total amount of sterling debt outstanding at the close of 1931 was £1,485,782. 16s. 5d.; the sinking fund for its redemption amounting to £707,585. There is also the 1927 Public Works Loan of $4,927,000; the sinking fund for which amounted at the end of 1931 to £89,975.
8. The Assets and Liabilities of the Colony on the 31st December, 1931, are shown in the following statement:-
LIABILITIES $ ASSETS $ DEPOSITS :- Contractors and Officers Deposits.. Suitors Fund Miscellaneous Deposits Postal Agencies Suspense Account Exchange Adjustment.. Trade Loan Reserve 415,261.81 590,712.07 2,611,171.02 1,451.91 923,010.85 332,099.29 Praya East Reclamation! Coal Account Crown Agents-Overdraft... ADVANCES: On account of Future Loan Purchase of three Locomotives for Chinese Section Kowloon-Canton Railway Miscellaneous 1,045,389.41 142,642.33 2,672.68 1,357.16 Building Loans Imprest Account................ Subsidiary Coin 1,296,805.90 1,363,434.80 41,588.44 INVESTMENTS:- Surplus Fund Crown Agents Remittances.... Trade Loan (Railway) Outstanding 3,484,014.01 447,468.26 83,036.70 1,053,924.31 6,330.31 Unallocated Stores, (P. W. D.),...... Unallocated Stores, Lorry Haulage Account 517,248.14 163,545.31 1,743.26 Total Liabilities... 6,065,769.53 CASH BALANCE:- Treasurer * Joint Colonial Fund.. Fixed Deposits 3,588,678.89 2,303,999.99 1,828,999.92 Excess of Assets over Liabilities 11,347,629.47 Total .............. $ 17,413,398.00 Total .............. $ 17,413,398.00* Joint Colonial Fund £159,000 0s. 0d.
37
6. On most other heads, however, the expenditure exceeded the estimate mainly as a result of the fall in exchange-the estimates being based on a rate of 1s./4d.=1 dollar whereas the Treasury rate averaged 1s./-id. 1 dollar.
7. Debt. The total amount of sterling debt outstanding at the close of 1931 was £1,485,782.16.5; the sinking fund for its redemption amounting to £707,585. There is also the 1927 Public Works Loan of $4,927,000; the sinking fund for which amounted at the end of 1931 to £89,975.
8. The Assets and Liabilities of the Colony on the 31st December, 1981, are shown in the following statement:-
LIABILITIES.
C.
ASSETS.
$
C.
DEPOSITS :-
Contractors and
Officers Deposits..
Suitors Fund
Miscellaneous De-
posits
Postal Agencies Suspense Account
Exchange Adjustment.. Trade Loan Reserve
415,261.81 590,712.07
2,611,171,02
1.451.91
•
923,010.85
332,099.29
Praya East Reclamation! Coal Account
Crown Agents-Over-
draft...
ADVANCES:
On account of
Future Loan Purchase of three
Locomotives for
Chinese Section
Kowloon-Canton
Railway
Miscellaneous
1,045,389.41 Building Loans
142,642.33 | Imprest Account................
2,672.68 | Subsidiary Coin
1,357.16 INVESTMENTS:-
Surplus Fund
Crown Agents Re-
3,484,014.01
447,468.26
83,036.70
1,053,924.31
6,330,31
1,296,805.90
.....
1,363,434.80
41.588.44
Trade Loan
Ont-
standing
1,232,579.76
(Railway)
Unallocated Stores,
(P. W. D.),......
Unallocated Stores,
Lorry Haulage Account
517,248,14
163,545.31
1,743.26
mittances....
Total Liabilities... 6,065,769.53
CASH BALANCE:-
Treasurer
3,588,678.89
* Joint Colonial
Excess of Assets over
Liabilities
11,347,629.47
Fund.. Fixed Deposits
2,303,999.99
1,828,999.92
Total...... 17,413,398.00
* Joint Colonial Fund £159,000 0s. Od,
Total ..............$ 17,413,398.00
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