| Item | Amount ($) |
|---|---|
| Deposits not Available | 1,209,014.25 |
| Advances | 25,259.76 |
| Postal Agencies | 1,097,852.91 |
| Building Loans | 157,353.21 |
| Imprest | 997,700.00 |
| Shipping Control Account | 3,097.84 |
| House Service Account | 2,220,493.91 |
| Crown Agents' Deposit Account | 22,334.41 |
| Suspense Account | 9,496,620.09 |
| Investment Account | 1,755.00 |
| Total Liabilities | 3,456,522.92 |
| Balance | 15,971,495.23 |
| Item | Amount ($) |
|---|---|
| Subsidiary Coins | ... |
| Building Loans | ... |
| Imprest | 3,097.84 |
| Shipping Control Account | 2,220,493.91 |
| House Service Account | 22,334.41 |
| Crown Agents' Deposit Account | 9,496,620.09 |
| Suspense Account | 1,755.00 |
| Investment Account | ... |
| Unallocated Stores (P.W.D.) | 366,004.92 |
| Unallocated Stores (Railway) | 247,893.56 |
| Coal Account | 74,740.74 |
| Balances at Banks | 6,420,211.23 |
| Crown Agents' Current Account | 542,669.24 |
| Unspecified | 2,039.60 |
| Total | 19,428,018.15 |
£89,000 0s. 0d.
£1,009,046 1s. 1d.
Total ......... $19,428,018.15
Cash lent at Interest.
Cash on deposit + Invested as follows:—
| Description | Nominal Value | Actual Cost |
|---|---|---|
| Hongkong 6% War Loan, 1921–28 | $120,000.00 | $120,000.00 |
| 4% Funding Loan, 1960–90 | £835,000 0s. 0d. | £662,991 14s. 9d. |
| Queensland 4% Stock 1920–25 | £18,000 0s. 0d. | £17,697 5s. 0d. |
| Queensland 4% Stock 1924 | £23,500 0s. 0d. | £23,381 6s. 3d. |
| Queensland 4% Bond 1920–25 | £25,000 0s. 0d. | £24,391 12s. 6d. |
---
| Debt | Rate of Interest | When Incurred & Cause | Provision for Interest / Sinking Fund (Enactment) | Original Debt | Market Value | Amount Repaid | Remarks |
|---|---|---|---|---|---|---|---|
| 1887 Public Works Loan | 4% | 1887. Public Works. | Ordinances Nos. 6 of 1886 and 1 of 1893. | £200,000 0s. 0d. | ... | £60,000 0s. 0d. | In 1894 the balance of the 1887 loan was converted into 3½% inscribed stock. |
| 1893 Public Works Loan | 3½% | 1893. Public Works. | Ordinances Nos. 1 and 2 of 1893. | £200,000 0s. 0d. | ... | £1,799 15s. 0d. | Do. |
| 1894 Conversion Stock | 3½% | 1894. Stock created to defray expenses of conversion of the balance of the 1887 loan. | ... | £1,143,933 1s. 4d. | ... | £1,799 15s. 1d. | ... |
| 1906 Loan to Chinese Provincial Government for Railway Construction | 4% | 1906. Loan to Chinese Provincial Government and for Railway Construction. | Ordinances Nos. 1 of 1893 and 11 of 1905. Joint sinking fund: ten shillings per centum on the total nominal amount of the inscribed stock appropriated half-yearly from general revenues and assets. Interest appropriated half-yearly from the same source. | £1,143,933 1s. 4d. | ... | ... | ... |
| 1916 War Contribution | 6% | 1916. Contribution to Imperial Government for war purposes. | Ordinance No. 12 of 1916. | $3,000,000 | ... | ... | Sterling debt outstanding at the close of 1923: £1,485,732 16s. 5d. Sinking Fund on 31st December 1923 amounted to $1,176,086.49 and £99,441 3s. 0d. |
54
(08)
STATEMENT OF ASSETS AND LIABILITIES
ON THE 31ST December, 1923.
LIABILITIES.
ASSETS.
Deposits not Available,
1,209,014.25
Subsidiary Coins,...................
Advances,
Postal Agencies,
25,259.76
Building Loans,
Imprest.......
1,097,852.91 157,353.21 997,700.00 3,097.84
Shipping Control Account,..........
2.220,493.91
House Service Account,
22,334.41
Crown Agents' Deposit Account,
9,496,620.09"
Suspense Account,
1,755.00
Investment Account,
Total Liabilities,
Balance,
3.456,522.92
15,971,495.23
Unallocated Stores, (P.W.D.),
Luallocated Stores, (Railway), Coal Account,
Bulunces at Banks,
Crown Agents' Current Account,
366,004.92
247.893,56
74,740.74
6,420,211,23+
542,669.24
2,039.60
Total,..
19,428,018.15
£
89,000 0s.
Od.
£1,009,046 1ts.
1d.
Total......... $ 19,428,018,15
Cash lent at Interest....
Cash on deposit
+ Invested as follows :—
Vaine of Stock.
Hongkong 6% War Loan, 1921-28, ..$120,000.00
4% Funding Loau, 1960-90, Queensland 44% Stock 1920-25, Queensland 4 Stock 1924
Queensland 43% Bond 1920-25
£835,000 Os. Od. .. 18,000 Os. Od. ..£ 23,500 0s. Od. ...............£ 25,000 Os. Od.
Actual Cost, $120,000.00 £662,991 14s. 9jd. £17,697 5s, Od. ✰ 23,381 6s. 3d. £24,391 12s. 6d.
PUBLIC DEBT.
Debts.
Rate of luterest.
When incurred and for what cause.
State Provision for Payment of Interest or Sinking Fund, and refer to Enactments by which it is made.
Amount of Original Debt.
Market Value. $120,000,00
£730,625 Os. Od. (873). £17,640 0s. Od. (98). £23,265 Os. Od. (99). £ 24,500 Os. Od. (9%).
Amount repaid.
Rewarks.
ť
s. d.
200,000 0 0 4 per cen- 1887. Public Works.
11.
Ordinances Nos, 6 of 1886 and 1 of 1893.
£
d. £ s.d.
200,000 0 0 60,000 0.0%
200,000 0 0 31
»
Ordinances Nos. 1 and 2 of 1893.
200,000 0 0
In 1894 the balance of the 1887 loan wHA converted into 34% inscribed stock.
1,799 15 | 31
Do.
1,799 15 1
The
HMOTNE
toral
of
1,143,933
143
to
Ordinances Nos. 1,143,933 1 4
Govermuent and for of 1905.
Railway Construc-
tion.
Joint
fund:
sinking ten shil- lings per centum on the total no- minal amount of the inscribed stock being appropriato i half-yearly from general revenues and assets. Inter- est appropriated half-yearly from the same source.
Government for war
purposes.
$3,000,000
sterling debt outstanding at the close of
1928 £1,485,732.
[168, 5d.
from
Was
The sinking
the.
same date 'n-
mounted
10
£132,592. 5s. 5d.
|Sinking Fund on 31st December 1923 amounted to$1,176,086.49 and £99,441. 3s. Od.
$3,000,000 | 6 »
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