286
110
Revenue...
Expenditure
Appendix 1V,—Continued.
ASSETS AND LIABILITIES ON 31ST DECEMBER, 1928, AND
31ST DECEMBER 1929, (ESTIMATED).
1928.
.$21,968,399.00 Revenue...
21,230,242.00
1929.
.$22,700,000.00
Expenditure
་་་་
Surplus
.$ 3,738,157.00
Deficit
23,079,368.00
379,368.00
Exchange Fluctuation Account
367,715.00
Balance of Assets, (1927)
4,105,872.00 3,985,761.00
Balance of Assets, (1928)
$ 8,091,633.00
Balance of Assets, (1928)
Balance of Assets, (1929)
8,091,633.00
..$ 7,712,265.00
Dr.
LOAN ACCOUNT.
1928.
1929.
1928.
1929.
Cr.
Inscribed Stock Issues of 1893 and 1906 at 31% interest per
annum. To be paid off on the 15th April, 1943
Public Works (1927) Loan at 6% interest per annum. To be paid off on the 1st November, 1938......
£1,485,732. 16. 5 £1,485,732. 16, 5 Sinking Fund £631,051. 0. 0. | £676,720. 0. 0.
$4,927,000
$4,927,000 Sinking Fund. £ 20,666. 0. 0. £ 21,496. 0. 0.
$333,000.00
Appendix V
STATEMENT OF 1925 TRADE LOAN.
Trade Loan 1925.
£3,000,000 anthorised £1,800,000 borrowed
1925.
£1,800,000
1928.
£400,000 repaid in 1926, £550,000 repaid in 1927, and £435,000 repaid in 1928. Balance £415,000 on Deposit with the Hong Kong and Shang- hai Banking Corporation, London, against Note Issue.
Loans issued..
Less repaid:
1926.........$2,604,930.00
1927. 1928..
1928.
..$15,628,782.84
4,845,879.76
3,403,560.02
10,854,369.78
4,774,413.06
76,506,93
Less amount written off as
Irrecoverable
Total Loans Outstanding ...$ 4,697,906.13
Overdraft in Hong Kong......$ 4,023,050.88
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