CO129-541-2 Estimates 1931 14-10-1932 - 19-7-1934 — Page 293

Appendix III,-Continued.

344

111

1932.

Excess of Assets over Liabilities at 1st

January, 1932

..$ 11,347,629

ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1933.

1933.

Brought forward ..........$ 11,812,803

Revenue to 30 June, 1932...$16,896,115 Estimated Revenue for six

months ending December 31st 1932

Estimated Revenue for 1933.............................................. .$ 34,002,575

$16,256,559

$ 45,815,378

Revised Estimate of Revenue for 1932...$ 33,152,674

$44,500,303

Estimated expenditure for

1933.....

..$34,699,247

Expenditure to 30th June,

1932

Estimated Expenditure for

six months ending Decem- ber, 31st 1932

Revised stimate of Expenditure for 1932 $32,687,500

$15,478,197

Expenditure

Balances

from Surplus

.$ 500,000

$17,209,303

$ 35,199,247

Estimated excess of Assets over Liabilities

Estimated excess of Assets over Liabili-

ties at December 31st, 1932 ..

on 31st December, 1933

$ 10,616,131

.$ 11,812,803

Dr.

LOAN ACCOUNT.

1931.

1932.

1931.

1932.

Cr.

Inscribed Stock Issues of 1893 and 1906 at 34% 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. £761,447. 14. 6. £798,200, 0. 0.

$4,927,000

$4,927,00 Sinking Fund. £ 98,036. 12. 3. | £101,460. 0. 0.

$333,000

Appendix IV.

STATEMENT OF 1925 TRADE LOAN.

1931.

Trade Loan 1925.

£3,000,000 authorised £1,800,000 borrowed

1931.

£400,000 repaid in 1926, £550.000 repaid in 1927, £435,000 repaid in 1928,

Loans issued..... Less repaid:

1926..

.$15,633,582.97

..$2,604,930.00

1927

4,845,879.76

£145,000 repaid in 1929

1928.

3,403,560.02

and £270,000 repaid in 1930.

1929.

1,356,536.86

1930......

1,280,842.65

1931...

832,241.62

14,323,990.91

1,309,592.06

Irrecoverable

Less amount written off as

Total Loans Outstanding ...$ 1,232,579.76

77,012.30