73. Two Locomotive boilers were sent to England for reconditioning and both boilers arrived back in the Colony towards the end of the year. The expenditure in connection with boiler repairs, and also the cost of rebuilding four coaches was charged to Depreciation Reserves.
74. The total expended under the Head of Special Expenditure amounted to $107,763.44 and the details are shown in the statements herein.
75. The last of the Fanling Branch Line old locomotives was disposed of in September and realised $400.00. In 1929 the book value of this locomotive was written down to $100.00, Depreciation Reserves being debited. The difference between the book value and selling price was credited back to Depreciation Reserves, and the Fanling Branch Line construction account closed with the year.
76. The fifth instalment on account of re-railing Tunnel No. 2 in 1928 was included in the Operating Expenses.
77. The sum provided under Personal Emoluments was $430,301.00 which included $5,000.00 wages of Drivers of Government Motor Cars and Lorries, and the expenditure was $393,942.46. The exchange rate for the 1933 Estimates was fixed at 1/2 for the conversion of sterling salaries to dollars, but the average rate of exchange for the year, at which the salaries were paid, was approximately 1/4 to the dollar.
78. Under Sterling Salaries $22,030.00 lapsed. The greater portion of this saving was on account of the higher rate of exchange, and in a lesser degree to changes in personnel. 79. Credits afforded in respect of work carried out in the Workshops amounted to $9,712.34, and other savings chiefly due to staff changes brought the net savings up to $36,358.54. 80. The estimate of Other Charges was $458,574 excluding sub-head Motor Cars and Lorries Running Expenses and the expenditure $378,913.96 or $79,660.04 less than the amount provided. 81. Under General Charges the amount provided under sub-head Advertising was found to be insufficient, and a further sum of $80.00 was required. However there were savings under most of the other sub-heads, and the total expended was $1,375.74 less than the estimate. 82. The provision in the estimates for Traffic Expenses was $14,458, and the expenditure $12,635.33. The vote for sub-head Electric Fans and Light at Stations was exceeded by $145.48, but varying amounts lapsed under various sub-heads which brought the total savings to $1,822.67. However, to follow the exact instruction for output format using HTML withfor paragraphs, the corrected version should be:
73. Two Locomotive boilers were sent to England for reconditioning and both boilers arrived back in the Colony towards the end of the year. The expenditure in connection with boiler repairs, and also the cost of rebuilding four coaches was charged to Depreciation Reserves.
74. The total expended under the Head of Special Expenditure amounted to $107,763.44 and the details are shown in the statements herein.
75. The last of the Fanling Branch Line old locomotives was disposed of in September and realised $400.00. In 1929 the book value of this locomotive was written down to $100.00, Depreciation Reserves being debited. The difference between the book value and selling price was credited back to Depreciation Reserves, and the Fanling Branch Line construction account closed with the year.
76. The fifth instalment on account of re-railing Tunnel No. 2 in 1928 was included in the Operating Expenses.
77. The sum provided under Personal Emoluments was $430,301.00 which included $5,000.00 wages of Drivers of Government Motor Cars and Lorries, and the expenditure was $393,942.46. The exchange rate for the 1933 Estimates was fixed at 1/2 for the conversion of sterling salaries to dollars, but the average rate of exchange for the year, at which the salaries were paid, was approximately 1/4 to the dollar.
78. Under Sterling Salaries $22,030.00 lapsed. The greater portion of this saving was on account of the higher rate of exchange, and in a lesser degree to changes in personnel.
79. Credits afforded in respect of work carried out in the Workshops amounted to $9,712.34, and other savings chiefly due to staff changes brought the net savings up to $36,358.54.
80. The estimate of Other Charges was $458,574 excluding sub-head Motor Cars and Lorries Running Expenses and the expenditure $378,913.96 or $79,660.04 less than the amount provided.
81. Under General Charges the amount provided under sub-head Advertising was found to be insufficient, and a further sum of $80.00 was required. However there were savings under most of the other sub-heads, and the total expended was $1,375.74 less than the estimate.
82. The provision in the estimates for Traffic Expenses was $14,458, and the expenditure $12,635.33. The vote for sub-head Electric Fans and Light at Stations was exceeded by $145.48, but varying amounts lapsed under various sub-heads which brought the total savings to $1,822.67.
S 11
73. Two Locomotive boilers were sent to England for reconditioning and both boilers arrived back in the Colony towards the end of the year. The expenditure in connection with boiler repairs, and also the cost of rebuilding four coaches was charged to Depreciation Reserves.
74. The total expended under the Head
the Head of Special Expenditure amounted to $107,763.44 and the details are shown in the statements herein.
75. The last of the Fanling Branch Line old locomotives was disposed of in September and realised $400.00. In 1929 the book value of this locomotive was written down to $100.00, Depreciation Reserves being debited. The difference between the book value and selling price was credited back to Depreciation Reserves, and the Fanling Branch Line construction account closed with the year.
76. The fifth instalment on account of re-railing Tunnel No. 2 in 1928 was included in the Operating Expenses.
77. The sum provided under Personal Emoluments was $430,301.00 which included $5,000.00 wages of Drivers of Government Motor Cars and Lorries, and the expenditure was $393,942.46. The exchange rate for the 1933 Estimates was fixed at 1/2 for the conversion of sterling salaries to dollars, but the average rate of exchange for the year, at which the salaries were paid, was approximately 1/4 to the dollar.
|ப்
78. Under Sterling Salaries $22,030.00 lapsed. The greater portion of this saving was on account of the higher rate of exchange, and in a lesser degree to changes in personnel.
79. Credits afforded in respect of work carried out in the Workshops amounted to $9,712.34, and other savings chiefly due to staff changes brought the net savings up to $36,358.54.
80. The estimate of Other Charges was $458,574 excluding sub-head Motor Cars and Lorries Running Expenses and the expenditure $378,913.96 or $79,660.04 less than the amount provided.
81. Under General Charges the amount provided under sub-head Advertising was found to be insufficient, and a further sum of $80.00 was required. However there were savings under most of the other sub-heads, and the
the total expended was $1,375.74 less than the estimate.
82. The provision in the estimates for Traffic Expenses was $14,458, and the expenditure $12,635.33. The vote for sub- head Electric Fans and Light at Stations was exceeded by $145.48, but varying amounts lapsed under various sub-heads which brought the total savings to $1,822.67.
No comments yet.
Private notes are available after approval.