CO129-548-1 Annual reports from various government departments 3-4-1934 - 11-6-1935 — Page 332

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- A (1) 16

12. Statement of

Assets and Liabilities on

the 31st

December 1933.

LIABILITIES.

C.

ASSETS.

DEPOSITS:-

Contractors and

ADVANCES :-

On

Officers Deposits

487,200.00

Suitors Fund

587,617.30

account Future Loan Purchase of three Locomotives for Chinese Section

of

6,934,474.13

Miscellaneous De-

posits.........

Insurance Compan-

ies

Kowloon Canton

2,268,353.78

Railway.

267,468.26

Miscellaneous

Building Loans

1,900,700,00| Imprest Account..

C.

79,401.82

723,310.04

7,218.15

A (1) 17

J

14. The balance of moneys not required to meet current requirements was lent to the Joint Colonial Fund which amount- ed to £157,000 and is shown in the above statement as $2,241,190. This fund is replenished by remittances from the Treasury and is drawn on from time to time as required by the Crown Agents.

15. The cash balance of $3,574,680 with the Treasurer in- cluded $700,211 held by the Official Receiver on account of Com- panies Liquidation and Bankruptcy. This latter figure also forms part of the sum of $2,268,354 shewn under Miscellaneous Deposits as a liability.

16. The Surplus Fund $1,610,714 represents the market value of the stocks as at 31st December 1933 and was invested

as follows:

AMOUNT OF STOCK, &C.

NOMINAL VALUE.

COST PRICE,

MARKET VALUE

Subsidiary Coin

1,415,597.95

Suspense Account

Exchange Adjustment| 136,808.00

Trade Loan Reserve... 1,070,609.68

967,147.31

Investments:-

STERLING INVESTMENTS.

Surplus Funds Crown Agents Re-

mittances

1,610,714,23

Canada (1930-50) India, (1936-38)

19,959.40

Kenya, (1950)..

3 % Stock. .51% .41%

11

13

Praya East Reclama-

tion

112,303.45

Trade Loan Out-

standing Unallocated

(P.W.D.).....

Newcastle Corporation,

(1945-55).

.44%

374,500.50

Stores,

486,713.30

Government House & City Development Fund

Unallocated Stores,

.5%

"1

1,227,666.28

(Railway)...

187,916.81

Cash Balance:-

House Service Account]

Coal Account

Total Liabilities... 8,771,011.30 |

Excess of Assets over

Liabilities

13,823,625.33

Crown Agents..

Treasurer..

* Joint

Colonial

Fund.........

Fixed Deposits:—

General $2,080,000.00

Insurance

Companies 1,900,700.00 Miscellaneous 450,000.00

10,478.98

2,126.52

40,792.69 3,574,679.79

2,241,189.57

* Part payment.

£ 117,829. 7. 6 £107,771.19. 9

+ No quotation.

ADVANCES.

17. On account of Future Loan.

This money has been expended as under:—

Aberdeen Water Scheme

Aerodrome

New Gaol at Wong Ma Kok

New Zealand, (1932-34)...5 % Bonds. New Zealand, (1949-54)...34% Queensland, (1940-60) ...5 % Stock. Union of South Africa,

(1933-43)....

£ 7,139. 1. 1 17,046,15,10 5,000, 0. 0

10,000, 0, 0

9,633.13. 9

£7,143,15, 2 (983) 17,482. 8. 3(107) 4,734.17. (112)

9,600. 0.0|(107)

9,495.13, 8(102) 10,594.12. 2+

£7,081.19. 4 18,240. 8. 0 5,600, 0, 0

10,700. 0. 0

9,826. 7. 2

20.000. 0. 0

*

10,594.12. 8

29,009.16.10

28,719.14.11 (107)

31,040.10. 7

20,000. 0. 0

20,000.18. 0 99XD) 19,800. 0. 0

£112.833.17, 9

Total.....$ 22,594,636.63

4,430,700.00

Total

.$ 22,591,636.63

* Joint Colonial Fund £157,000.0.0.

13. The excess of Assets over Liabilities on the 1st January 1933 was $12,847,062. On the 31st December 1933 this sum had increased to $13,823,625 the difference of $976,563 is the excess of revenue over expenditure as recorded in paragraph 1 of this Report.

Vehicular Ferry

Tytam Tuk Catchwater

Air Port and Slipway, &c.

252,992.91 9,702.31

$6,934,474.13

$2,499,625.70

20,485.92

162,244.36

Shing Mun Valley Scheme 1st Section

636,765.59

Shing Mun Valley Scheme 2nd Section:—

Preliminary Works

Filters

Gorge Dam

36,718.84

120,045.23

1,454,242.57

1,741,650.70

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