CO129-541-2 Estimates 1931 14-10-1932 - 19-7-1934 — Page 101

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A (1) 4

Kowloon Canton Railway.

Estimate. Actual. Increase.

Passenger Service

Increase in the number of passengers owing to the accelerated express train service.

Auxiliary operations, Foreign

Haulage

Increase of haulage of fast goods trains and extra charge for additional coaches

$

1,059,400 1,854,462

295,062

Rent of Government Property, Land and Houses.

A (1) 5

Miscellaneous Receipts.

Estimate.

Actual.

Increase.

$

$

$

Conservancy Contracts

1,450 16,812 15,362

New Contract

Overpayments in previous years

Casual

8,000

22,098 14,098

Other Miscellaneous Receipts.

75,000 94,816

19,316

135,000 166,226 31,226

Exchange transactions ac- counted for $16,996. Appreciation of Sterling

Securities

13,043

13,043

Increase in market value at 31/12/33 of investments on account of surplus balances

Royalty payable by Kowloon

Motor Bus Co., Ld.

63,592

63,592

Estimate.

Actual.

Increase.

A new item

Royalty

payable by China

$

$

$

Motor Bus Co., Ld.

48,287 48,287

Lands Not Leased

260,000

281,755

21,755

A new item

Increase in the number

of permits issued

7. The principal decreases over the amounts as estimated were as follows:-

Leased Lands (Crown Rent Ex-

clusive of N.T.)

Increase in land leased

528,000

539,086

11,086

Interest.

Estimate. Actual. Increase.

$

200,000 306,326 106,326

Interest

The actual expenditure for the year both ordinary and on loan account was short of the estimate. Hence larger sums than anticipated were available for short term investments

Duties.

Estimate. Actual. Decrease.

$

$

$

273,286

Import Duty on Liquor ...................... 1,800,000 1,026,714

Less consumption of Chi- nese liquor.

Import Duty on Tobacco ...... 4,600,000 2,921,456 1,678,544

Receipts overestimated &

less tobacco imported

Port and Harbour Dues.

- Estimate.

Light Dues

$

640,000

Actual.

$

524,436

Decrease.

115,564

Rate reduced from 1st April, 1933

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