340
116
Appendix IV,-Continued.
ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1935.
1934.
1935.
Excess of Assets over Liabilities at 1st
January, 1934
Brought forward
..$ 13,823,625
Estimated Revenue for 1935.........
Revised Estimate of Revenue for 1934...$ 29,670,634
$43,494,259
Revised Estimate of Expenditure for 1934 $30,893,000
12,601,259
$ 30,585,650
43,186,909
Estimated expenditure for 1935
$ 32,476,102
Estimated excess of Assets over Liabili-
ties at December 31st, 1934 ............................
.$ 12,601,259
Estimated excess of Assets over Liabilities
on 31st December, 1935
.$ 10,710,807
Dr.
Inscribed Stock Issues of 1893 and 1906 at
31% interest per
anuum.
LOAN ACCOUNT.
Cr.
1933.
1934.
1933.
1934.
To be paid
£1,485,732. 16, 5
Sinking Fund £911,747. 12. 6
off on the 15th April, 1943
Public Works (1927)
Loan at 6% interest per annum. To be paid off on the 1st November, 1938....
Converted to 4% to be
paid off in 20 years...
Hong Kong 3% Dollar Loan to be paid off by 25 annual drawings commencing 15th July, 1935
$4,927,000
Sinking Fund. £132,192. 0.10
4,838,000
$4,838,000
£12,127. 2. 7
14,000,000
Appendix V.
STATEMENT OF 1925 TRADE LOAN.
Trade Loan 1925.
£3,000,000 authorised £1,800,000 borrowed
1932.
Loans issued..
1932.
.$15,633,582.97
Less repaid
:
£400,000 repaid in 1926, £550,000 repaid in 1927,
1926.... .$2,604,930.00
1927......... 4,845,879.76
£435,000 repaid in 1928,
1928...
3,403,560.02
£145,000 repaid in 1929
1929.
1,356,536.86
and £270,000 repaid in
1930.
1,280,842.65
1930.
1931.
832,241.62
1932.
451,828 26
1933.
147,000.00
14,922,819.17
710,763.80
Irrecoverable
Less amount written off as
Total Loans Outstanding .$ 574,500.50
136,263,30
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