AnnualReport-1936 — Page 100

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Appendix A (2).

REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON

THE AUDIT OF THE ACCOUNTS OF HONG KONG 1936.

Subject to the comments contained in this report, the accounts for the year under review were satisfactorily kept and rendered; the system of accounting appears to provide sufficient checks against irregularity and fraud.

2. The Appropriation Account was received on the 31st July, 1937, and the Public Works Department Statements on the 8th July, 1937.

3. A reconciliation statement of the Assets and Liabilities on the 31st December, 1936, is submitted: --

The Revenue for the year amounted to $30,042,983.86

and the expenditure to $29,513,520.08

The excess of Revenue over Expenditure being $529,463.78

The Balance standing to the credit of the Colony on 31.12.35 was $12,387,668.51

resulting in an excess of Assets over Liabilities on 31.12.36 of $12,917,132.29

Detailed proof of the Statement of the Assets and Liabilities is forwarded in Enclosure (Q).

4. The actual Revenue for the year amounting to $30,042,983.86 showed an increase over the Estimates of $3,371,139, and the actual Expenditure $29,513,520.08 was $84,628 less than the estimated figure $29,598,148.

A detailed comparison of the Estimated Revenue and Expenditure will be found in the Statements in Enclosures (C, D).

EXPENDITURE 1935.

5. The Supplementary Schedule of Additional Provision for 1935 was approved by the Secretary of State in his Despatch No.301 of the 19th August, 1936.

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Appendix A (2). REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HONG KONG 1936. Subject to the comments contained in this report, the accounts for the year under review were satisfactorily kept and rendered; the system of accounting appears to provide sufficient checks against irregularity and fraud. 2. The Appropriation Account was received on the 31st July, 1937, and the Public Works Department Statements on the 8th July, 1937. 3. A reconciliation statement of the Assets and Liabilities on the 31st December, 1936, is submitted: -- The Revenue for the year amounted to $30,042,983.86 and the expenditure to $29,513,520.08 The excess of Revenue over Expenditure being $529,463.78 The Balance standing to the credit of the Colony on 31.12.35 was $12,387,668.51 resulting in an excess of Assets over Liabilities on 31.12.36 of $12,917,132.29 Detailed proof of the Statement of the Assets and Liabilities is forwarded in Enclosure (Q). 4. The actual Revenue for the year amounting to $30,042,983.86 showed an increase over the Estimates of $3,371,139, and the actual Expenditure $29,513,520.08 was $84,628 less than the estimated figure $29,598,148. A detailed comparison of the Estimated Revenue and Expenditure will be found in the Statements in Enclosures (C, D). EXPENDITURE 1935. 5. The Supplementary Schedule of Additional Provision for 1935 was approved by the Secretary of State in his Despatch No.301 of the 19th August, 1936.

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Appendix A (2). REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON THE AUDIT OF THE ACCOUNTS OF HONG KONG 1936. Subject to the comments contained in this report, the accounts for the year under review were satisfactorily kept and rendered; the system of accounting appears to provide sufficient checks against irregularity and fraud. 2. The Appropriation Account was received on the 31st July, 1937, and the Public Works Department Stateinents on the 8th July, 1937. 3. A reconciliation statement of the Assets and Liabilities on the 31st December, 1936, is submitted: -- The Revenue for the year amounted to and the expenditure to The excess of Revenue over Expenditure being The Balance standing to the credit of the Colony on 31. 12. 35. resulting in an excess of Assets over Liabilities on 31.12.36 of $30,042,983.86 29,513,520.08 529,463.78 12,387,668.51 $ 12,917,132.29 Detailed proof of the Statement of the Assets and Liabilities is forwarded in Enclosure (Q). to 4. The actual Revenue for the year amounting $30,042,983.86 showed an increase increase over the Estimates of $3,371,139, and the actual Expenditure $29,513,520.08 was $84,628 less than the estimated figure $29,598,148. A detailed comparison of the Estimated Revenue and Expenditure will be found in the Statements in Enclosures. (C, D.). EXPENDITURE 1935. 5. The Supplementary Schedule of Additional Provision for 1935 was approved by the Secretary of State in his Despatch No. 301 of the 19th August, 1936.

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Appendix A (2).

REPORT TO THE DIRECTOR OF COLONIAL AUDIT ON

THE AUDIT OF THE ACCOUNTS OF HONG KONG 1936.

2. The Appropriation Account was received on the 31st July, 1937, and the Public Works Department Stateinents on the 8th July, 1937.

3. A reconciliation statement of the Assets and Liabilities on the 31st December, 1936, is submitted: --

The Revenue for the year

amounted to

and the expenditure to

The excess of Revenue over

Expenditure being

The Balance standing to the credit of the Colony on 31. 12. 35.

resulting in an excess of Assets

over Liabilities on 31.12.36 of

$30,042,983.86

29,513,520.08

529,463.78

12,387,668.51

$ 12,917,132.29

Detailed proof of the Statement of the Assets and Liabilities is forwarded in Enclosure (Q).

4. The actual Revenue for the year amounting $30,042,983.86 showed an increase

increase over the Estimates of $3,371,139, and the actual Expenditure $29,513,520.08 was $84,628 less than the estimated figure $29,598,148.

A detailed comparison of the Estimated Revenue and Expenditure will be found in the Statements in Enclosures. (C, D.).

EXPENDITURE 1935.

5. The Supplementary Schedule of Additional Provision for 1935 was approved by the Secretary of State in his Despatch No. 301 of the 19th August, 1936.

AnnualReport-1936 — Page 100

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