CO129-536-1 Estimates- 1932 3-9-1931 - 16-6-1933 — Page 298

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110

Appendix V, --Continued.

ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1932.

1931.

1932.

Excess of Assets over Liabilities at 1st

January, 1931

9,361,679

Brought forward

.$

9,413,547

Revenue to 30 June, 1931...$15,812,386 Estimated Revenue for six

months ending December

Estimated Revenue for 1932....

.$ 33,991,510

31st 1931

.$15,391,982

$ 43,405,057

Revised Estimate of Revenue for 1931 ...$ 31,204,368

$40,566,047

Estimated expenditure for

1932.....

..$33,981,661

Expenditure to 30th June,

1931

Estimated Expenditure for six months ending Decem- ber, 31st 1931

Revised Estimate of Expenditure for 1931 $31,152,500

...$14,609,051

$16,543,449

Expenditure

Balances

from Surplus

.$ 1,000,000

$ 34,981,661

Estimated excess of Assets over Liabilities

Estimated excess of Assets over Liabili-

ties at December 31st, 1931

on 31st December, 1932

$ 8,423,396

$ 9,413,547

Dr.

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....

LOAN ACCOUNT.

1930.

1931.

1930.

1931.

Cr.

£1,485,732. 16. 5 |£1,485,732 16. 5 Sinking Fund. £719,664 8. 4.

£766,100 0. 0..

$4,927,000

$4,927,000

Sinking Fund.

£75,749 16. 5.

£ 76,770 0. 0. $333,000

Appendix VI.

STATEMENT OF 1925 TRADE LOAN.

Trade Loan 1925.

£3,000,000 anthorised £1,800,000 borrowed

1930.

£400,000 repaid in 1926, £550.000 repaid in 1927,

1926...

£435,000 repaid in 1928,

1927

Loans issued... Less repaid:

..$2,604,930.00

4,845,879,76

1930.

..$15,632,343.34

£145,000 repaid in 1929

1928.

3,403,560.02

and £270,000 repaid in

1929..

1,356,536.86

1930.

1930..

1,280,842.65

13,491,749.29

2,140,594.05

Less amount written off as

Irrecoverable

76,412.30

Total Loans Outstanding

..$ 2,064,181.75