AnnualReport-1934 — Page 72

11. Statement of Assets and Liabilities on the 31st December, 1934.

LIABILITIES. $ c. ASSETS. DEPOSITS:- Contractors and Officers Deposits 521,085.50 Purchase of three Locomotives for Suitor's Fund 43,638.29 Chinese Section Kowloon Canton Railway. 147,468.26 Insurance Companies 1,762,946.51 Miscellaneous Deposits 237,642.32 Building Loans 738,250.94 House Service Account Imprest Account. 9,476.27 2,176,481.29 ADVANCES Subsidiary Coin 1,261,981.10 Trade Loan Outstanding 23,614.27 553,500.50 Government House & Unallocated Stores, (P.W.D.). 578,052.47 City Development 1,218,741.28 Unallocated Stores, (Railway). 170,372.02 Suspense Account. 975,589.24 Dollar Loan Account... 217,067.30 Exchange Adjustment 28,038.16 Cash Balance : Treasurer... Crown Agents... 2,334,087.55 15,762.01 Trade Loan Reserve... 1,073,017.94 Praya East Reclamation 112,175.27 *Joint Colonial Fund.... 2,913,103.46 Coal Account 2,092.09 Fixed Deposits:- General... $8,800,000.00 Insurance Companies 1,762,946.51 Miscellaneous 451,464.37 11,014,410.88 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 £242,000.0.0.

12. The excess of Assets over Liabilities on the 1st January 1934 was $13,823,625. On the 31st December 1934 this sum had decreased to $12,248,755; the difference of $1,574,870 is the excess of Expenditure over Revenue as recorded in paragraph 1 of this Report.