Estimates-1916 — Page 225

Appendix II.

CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1916.

timated Revenue,

DUCT :-

Light Dues, Special Assessment,

Opium Monopoly,

CLASS I.

102,000

881,237 (2)

(1)

CLASS II.

432,600 (3)

Kowloon-Canton Railway,......

CLASS IV.

Widows' and Orphans' Pensions Contributions,

Land Sales,

62,800

(4)

CLASS V.

150,000 (5)

Revenue assessable to Defence Contribution,

11,409,010

1,628,637

9,780,373

20% of $9,780,373

1,956,075

Add estimated arrears on account of 1915 Contribution,

79,600

Total,............ $ 2,035,675

0.0. Despatch No. 185 of 13th August, 1908.

For details see Statement overleaf.

C.O. Despatch No. 250 of 19th August, 1911.

Gross Receipts, .........................

$ 432,600

Less Working Expenses,

Interest @31% on Inscribed Stock Issue of 1906 (£1,143,933)=£40,038, Sinking Fund @ 1% on 32 % Inscribed Stock Issue of 1906

(£1,143,933)=£11,440,.........

$313,905 457,577

130,743

Interest on advances by Crown Agents, and overdraft to meet cost of Rail-

way construction,

54,000

956,225

Deficit,

$523,625

Ordinance No. 15 of 1908, s. 5.

Ordinance No. 1 of 1901, s. 2.

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