AnnualReport-1934 — Page 765

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- S 12-

These Agencies have stimulated passenger traffic and have relieved the congestion at the Kowloon Station Booking Office which was becoming acute.

49. The prices of refreshments on British Section trains were reduced considerably on the 1st October and proper measures of 40 c.c. capacity were introduced in connection with the sale of drinks.

50. Arrangements were made with the Kowloon Fire Brigade commencing in April for Kowloon Station to be thoroughly cleaned by hose on the first and third Tuesday of every month.

51. A series of advertisements were inserted in the local papers in spaces previously occupied by the timetable. It was found that these advertisements increased traffic to a considerable degree.

III.-ACCOUNTS.

1.-General.

52. After making provision for all interest charges on Loan and Special Expenditure, the net surplus for the year was $105,053.25. This amount has been applied to the reduction of the accumulated deficit brought forward from previous years. The total deficit now stands at $8,693,340.71.

53. The Capital Account has been increased by $45,742.84 and now stands at $20,377,244.41.

54. The Chinese Section have made twelve monthly cash payments of $10,000 each in respect of their obligations on the Locomotive Loan Account.

55. Claims against the Chinese Section for suspension of traffic and demurrage amounting to $1,025,533.96 have been written off. These claims have been included in previous Railway Annual Accounts under the provisions of the old working agreement. This item has been deleted from the General Balance Sheet as the result of the deliberations of the delegates appointed by the British and Chinese Governments to draft the new working agreement.

56. The working results of the past five years are as follows:

Year Gross Receipts Operating Expenses Net Operating Revenue $ $ $ $ 1930 973,128.63 840,022.16 133,106.47 1931 1,095,098.77 945,004.01 150,094.76 1932 1,295,789.20 962,377.05 333,412.15 1933 1,630,610.83 919,558.41 711,052.42 1934 Actual 1,639,775.07 943,170.66 696,604.41 Weighted 1,671,087.76 727,917.10

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- S 12- These Agencies have stimulated passenger traffic and have relieved the congestion at the Kowloon Station Booking Office which was becoming acute. 49. The prices of refreshments on British Section trains were reduced considerably on the 1st October and proper measures of 40 c.c. capacity were introduced in connection with the sale of drinks. 50. Arrangements were made with the Kowloon Fire Brigade commencing in April for Kowloon Station to be thoroughly cleaned by hose on the first and third Tuesday of every month. 51. A series of advertisements were inserted in the local papers in spaces previously occupied by the timetable. It was found that these advertisements increased traffic to a considerable degree. III.-ACCOUNTS. 1.-General. 52. After making provision for all interest charges on Loan and Special Expenditure, the net surplus for the year was $105,053.25. This amount has been applied to the reduction of the accumulated deficit brought forward from previous years. The total deficit now stands at $8,693,340.71. 53. The Capital Account has been increased by $45,742.84 and now stands at $20,377,244.41. 54. The Chinese Section have made twelve monthly cash payments of $10,000 each in respect of their obligations on the Locomotive Loan Account. 55. Claims against the Chinese Section for suspension of traffic and demurrage amounting to $1,025,533.96 have been written off. These claims have been included in previous Railway Annual Accounts under the provisions of the old working agreement. This item has been deleted from the General Balance Sheet as the result of the deliberations of the delegates appointed by the British and Chinese Governments to draft the new working agreement. 56. The working results of the past five years are as follows: Year Gross Receipts Operating Expenses Net Operating Revenue $ $ $ $ 1930 973,128.63 840,022.16 133,106.47 1931 1,095,098.77 945,004.01 150,094.76 1932 1,295,789.20 962,377.05 333,412.15 1933 1,630,610.83 919,558.41 711,052.42 1934 Actual 1,639,775.07 943,170.66 696,604.41 Weighted 1,671,087.76 727,917.10 Page 765 Page 766
Baseline (Original)
-S 12- These Agencies have stimulated passenger traffic and have relieved the congestion at the Kowloon Station Booking Office which was becoming acute. 49. The prices of refreshments on British Section trains were reduced considerably on the 1st October and proper measures of 40 c.c. capacity were introduced in connection with the sale of drinks. 50. Arrangements were made with the Kowloon Fire Brigade commencing in April for Kowloon Station to be. thoroughly cleaned by hose on the first and third Tuesday of every month. 51. A series of advertisements were inserted in the local papers in spaces previously occupied by the timetable. It was found that these advertisements increased traffic to a consider- able degree. III.-ACCOUNTS. 1.-General. 52. After making provision for all interest charges on Loan and Special Expenditure, the net surplus for the year was $105,053.25. This amount has been applied to the reduction of the accumulated deficit brought forward from previous years. The total deficit now stands at $8,693,340.71. 53. The Capital Account has been increased by $45,742.84 and now stands at $20,377,244.41. 54. The Chinese Section have made twelve monthly cash payments of $10,000 each in respect of their obligations on the Locomotive Loan Account. 55. Claims against the Chinese Section for suspension of traffic and demurrage amounting to $1,025,533.96 have been written off. These claims have been included in previous Rail- way Annual Accounts under the provisions of the old working agreement. This item has been deleted from the General Balance Sheet as the result of the deliberations of the delegates appointed by the British and Chinese Governments to draft the new working agreement. 56. The working results of the past five years are as follows: Year. Gross Receipts. Operating Expenses. Net Operating Revenue. $ $ $ 1930...... 973,128.63 840,022.16 133,106.47 1931......1,095,098.77 945,004.01 150.094.76 1932. 1,295,789.20 962,377.05 333,412.15 1933......1,630,610.83 919,558.41 711,052.42 1934 Actual ......1,639,775.07 943,170.66 696,604.41 Weighted ...1,671,087.76 727,917.10 Page 765Page 766
2026-05-09 20:27:21 · Baseline
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-S 12-

These Agencies have stimulated passenger traffic and have relieved the congestion at the Kowloon Station Booking Office which was becoming acute.

49. The prices of refreshments on British Section trains were reduced considerably on the 1st October and proper measures of 40 c.c. capacity were introduced in connection with the sale of drinks.

50. Arrangements were made with the Kowloon Fire Brigade commencing in April for Kowloon Station to be. thoroughly cleaned by hose on the first and third Tuesday of every month.

51. A series of advertisements were inserted in the local papers in spaces previously occupied by the timetable. It was found that these advertisements increased traffic to a consider- able degree.

III.-ACCOUNTS.

1.-General.

52. After making provision for all interest charges on Loan and Special Expenditure, the net surplus for the year was $105,053.25. This amount has been applied to the reduction of the accumulated deficit brought forward from previous years. The total deficit now stands at $8,693,340.71.

53. The Capital Account has been increased by $45,742.84 and now stands at $20,377,244.41.

54. The Chinese Section have made twelve monthly cash payments of $10,000 each in respect of their obligations on the Locomotive Loan Account.

55. Claims against the Chinese Section for suspension of traffic and demurrage amounting to $1,025,533.96 have been written off. These claims have been included in previous Rail- way Annual Accounts under the provisions of the old working agreement. This item has been deleted from the General Balance Sheet as the result of the deliberations of the delegates appointed by the British and Chinese Governments to draft the new working agreement.

56. The working results of the past five years are as follows:

Year.

Gross Receipts.

Operating

Expenses.

Net Operating Revenue.

$

$

$

1930...... 973,128.63

840,022.16

133,106.47

1931......1,095,098.77

945,004.01

150.094.76

1932. 1,295,789.20

962,377.05

333,412.15

1933......1,630,610.83

919,558.41

711,052.42

1934 Actual ......1,639,775.07

943,170.66

696,604.41

Weighted ...1,671,087.76

727,917.10

Page 765Page 766

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