HKG-CAR1887-1903 — Page 396

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HONG KONG, 1903.

TOTAL REVENUE and Expenditure for the FIVE Years

1899-1903.

Revenue Expenditure Surplus Deficit 1899. $3,610,143.25 4,213,893.22 603,749.97 1900. 4,202,587.40 4,901,073.70 698,486.30 1901. 5,238,857.88 8,162,792.36 2,923,934.48 1902. 3,628,447.13 4,111,722.49 483,275.36 1903. 5,909,548.51 5,396,669.48 512,879.03

Page 3

(B.) ASSETS AND LIABILITIES.

At the end of the year 1903, the assets of the Colony amounted to $609,950.40, exclusive of arrears of revenue which with the sum just mentioned bring the total assets up to $731,218.40 The total liabilities were $672,661.86, so that the surplus of assets over liabilities amounted to $58,556.54.

(C.) PUBLIC DEBT.

There is a public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Drainage and Sewerage Works.

Interest at 3 per cent is payable on the loan, which is being paid off by a Sinking Fund.

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HONG KONG, 1903. TOTAL REVENUE and Expenditure for the FIVE Years 1899-1903. Revenue Expenditure Surplus Deficit 1899. $3,610,143.25 4,213,893.22 603,749.97 1900. 4,202,587.40 4,901,073.70 698,486.30 1901. 5,238,857.88 8,162,792.36 2,923,934.48 1902. 3,628,447.13 4,111,722.49 483,275.36 1903. 5,909,548.51 5,396,669.48 512,879.03 Page 3 (B.) ASSETS AND LIABILITIES. At the end of the year 1903, the assets of the Colony amounted to $609,950.40, exclusive of arrears of revenue which with the sum just mentioned bring the total assets up to $731,218.40 The total liabilities were $672,661.86, so that the surplus of assets over liabilities amounted to $58,556.54. (C.) PUBLIC DEBT. There is a public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Drainage and Sewerage Works. Interest at 3 per cent is payable on the loan, which is being paid off by a Sinking Fund. Page 4 18697 A 3 389
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1887-1903 HONG KONG, 1903. TOTAL REVEnue and Expenditure for the FIVE Years 1899-1903. Revenue Expenditure Surplus Deficit *** *** *** 1899. 1900. 1901. 1902. 1903. 3 $ 3,610,143.25 4,202,587.40 |4,213,893.224,901,073.70 | 5,238,857.88 8,162,792.36 3,628,447.13 4,111,722.495,909,548.515,396,669.48 447,350.89 574,140.27 102,170.73 4 1,008,474.81 157,811.60 (B.) ASSETS AND LIABILITIES. At the end of the year 1903, the assets of the Colony amounted to $609,950.40, exclusive of arrears of revenue which with the sum just mentioned bring the total assets up to $731,218.40 The total liabilities were $672,661.86, so that the surplus of assets over liabilities amounted to $58,556.54. (C.) PUBLIC Debt. There is a public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclama- tion, the Central Market, and Water, Drainage and Sewerage Works. Interest at 3 per cent is payable on the loan, which is being paid off by a Sinking Fund. 18697 A 3 389
2026-05-10 20:25:02 · Baseline
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1887-1903

HONG KONG, 1903.

TOTAL REVEnue and Expenditure for the FIVE Years

1899-1903.

Revenue Expenditure

Surplus

Deficit

***

***

***

1899.

1900.

1901.

1902.

1903.

3

$

3,610,143.25 4,202,587.40 |4,213,893.224,901,073.70 | 5,238,857.88 8,162,792.36 3,628,447.13 4,111,722.495,909,548.515,396,669.48

447,350.89 574,140.27 102,170.73

4

1,008,474.81 157,811.60

(B.) ASSETS AND LIABILITIES.

At the end of the year 1903, the assets of the Colony amounted to $609,950.40, exclusive of arrears of revenue which with the sum just mentioned bring the total assets up to $731,218.40 The total liabilities were $672,661.86, so that the surplus of assets over liabilities amounted to $58,556.54.

(C.) PUBLIC Debt.

There is a public debt of £341,799 15s. 1d. outstanding. The original debt was incurred in connection with the Praya Reclama- tion, the Central Market, and Water, Drainage and Sewerage Works.

Interest at 3 per cent is payable on the loan, which is being paid off by a Sinking Fund.

18697

A 3

389

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