46
7. The Assets and Liabilities of the Colony on the 31st December, 1934, are shown in the following statement:-
LIABILITIES. ASSETS. $ $ DEPOSITS: ADVANCES:- Officers Deposits.. 521,085.50 Contractors and Purchase of three Locomotives for Kowloon Canton Railway. 147,468.26 Suitors Fund 43,638.29 Miscellaneous ....... 237,642.32 Insurance Companies 1,762,946.51 Building Loans.. 738,250.94 Miscellaneous Deposits 2,176,481.29 Imprest Account 9,476.27 House Service Account 23,614.27 Subsidiary Coin 1,261,981.10 Government House and City Development Fund 553,500.50 Trade Loan Outstanding 1,218,741.28 Unallocated Stores, (P.W.D.) 573,052.47 Suspense Account ..... 975,589.24 Unallocated Stores, (Railway) 170,372.02 Exchange Adjustment 28,038.16 Dollar Loan Account... 217,067.30 Trade Loan Reserve.. 1,073,017.94 Cash Balance:-- Crown Agents 15,762.01 Praya East Reclamation 112,175.27 Treasurer 2,334,087.55 Coal Account 2,092.09 *Joint Colonial Fund 2,913,103.46 Fixed Deposits:- General $8,800,000.00 Insurance Companies 1,762,946.51 Miscellaneous 451,464.37 Total Liabilities.. 7,937,419.84 Excess of Assets over Liabilities.... 12,248,755.24 Total......... $20,186,175.08 Total......... $20,186,175.08*Joint Colonial Fund £242,000. 0s. 0d.
8. Main Heads of Taxation.—The largest item of revenue is derived from the assessment tax, the sum of $6,603,229 being collected in 1934. This represents 22.32% of the total revenue
46
7. The Assets and Liabilities of the Colony on the 31st December, 1934, are shown in the following statement:-
LIABILITIES.
€
e.
ASSETS.
eA
C.
DEPOSITS:
ADVANCES:-
Contractors and
Purchase of three
Officers Deposits..
521,085.50
Locomotives for
Chinese Section
Suitors Fund
43,638.29
Kowloon Canton
Railway.
147,468.26
Insurance Com-
panies
1,762,946.51
Miscellaneous .......
237,642.32
Miscellaneous De-
posits
Building Loans..
738,250.94
2,176,481.29
Imprest Account
9,476.27
House Service
Account
23,614.27 Subsidiary Coin
1,261,981.10
Government House
Trade Loan Outstand-
and City Develop-
ment Fund
ing
553,500.50
1,218,741.28
Unallocated Stores,
(P.W.D.)
573,052.47
Suspense Account .....
975,589.24 Unallocated
Stores,
(Railway)
170,372.02
Exchange Adjust-
meut
28,038.16 Dollar Loan Account...
217,067.30
Trade Loan Reserve.. 1,073,017.94 | Cash Balance:--
Crown Agents
15,762.01
Prava East Reclama-
tion
...
112,175.27
Treasurer
2,334,087.55
Coal Account
*Joint Colonial Fund 2,913,103.46
2,092.09 Fixed Deposits:-
General $8,800,000.00 Insurance
Companies 1,762,946.51
Miscellaneous 451,464,37
Total Liabilities.. 7,937,419.84
Excess of Assets
11,014,410.88
over Liabilities....12,248,755.24
Total.........$20,186,175.08
*Joint Colonial Fund £242,000. Os. Od.
Total.... $20,186,175.08
8. Main Heads of Taxation.—The largest item of revenue is derived from the assessment tax, the sum of $6,603,229 being collected in 1934. This represents 22.32% of the total revenue
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