CO129-596-7 Canton-Kowloon Railway 6-2-1948 - 25-8-1948 — Page 18

Previous Year

1

$

Statement No. 3-INCOME.

Part-Income Account.

Current Year Previous Year

1

2

$

$

on funded

on

(B) 202,889.65

I- 8 Balance, net loss

I. 9 Interest

debt I-10 Interest

current debt 1-11 Contractual dividends (A) 117,852.19 I-12 Interest on Govern-

ment Investments I-13 Loss on industrial

investment

I-14 Amortization of dis-

counts on

debt

I-15 Taxes

I-16 Rents payable

funded!

I-17 Discount on depreciat-

ed currency

I-18 Exchange (Loss)

I-19 Miscellaneous debits

2,089,485.64

2,207,337.83

Total Balance

Total

Current Year

2

$

3,128,786.87

(C)

6,710.04

2,205,311.30 I-1 Balance, net revenue

I-2 Income from securities! I-3 Interest on Deprecia- tion Reserves

2,026.53 I-4 Profit on industrial

investments

I-5 Rents receivable 1-6 Exchange (gain)

I-7 Miscellaneous credits

[ 17 ]

202,889.65 2,932,607.26

2,207,337.83

Total Balance

3,135,496.91

3,135,496.91

2,207,337.83

Total

3,135,496.91

(A) Interest on Special Expenditure up to 1939 34% on $3,367,205.48 $117,852.19. (B) Interest on Special Expenditure up to 1946/47 3% on $5,796,847.28 $202,889.65. (C) Interest on Depreciation Reserves up to 1947/48 31% on $191,715.31-$6,710.04.

24