CO129-516-4 Canton-Kowloon Railway- use of money from the 'Boxer Indemnity' 21-2-1929 - 6-8-1929 — Page 40

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Thirty 30-ton Goods Wagons bought in 1920.

ᄒᄒ

Total cost .

Each cost

÷ ÷

39

$231,389.71

$7,713.00 (average cost).

Depreciation at 4% per annum from July, 1920 up to October, 1923, held up by the Chinese Section.

Depreciation 1920 July - 1921 June $7,713.00 @ 4% = $308.52

#

-

1921 July 1922 June

#1

#1

= $308.52

#

1922 July

1923 June

#

#1

= $308.52

1923 July

1923 Oct.

#t

#1

=

$102.84

Total depreciation

$1.028.40

Original cost...

$7,713.00

Less depreciation.

• •

1,028.40

Estimated value of Wagon No.71...... $6,684.60

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