Estimates-1925 — Page 111

Appendix II.

FINANCIAL STATEMENTS IN CONNECTION WITH THE ESTIMATES FOR 1925.

Statement of Assets and Liabilities on the 31st December, 1923.

LIABILITIES.

C.

ASSETS.

Deposits not Available,

1,209,014.25 Subsidiary Coius,....

Advances,

Postal Agencies,

25,259.76

Building Loans,

Imprest......

Shipping Control Account,.

2,220,493.91

House Service Account,

Crown Agents' Deposit Account,

Suspense Acconut,

1,755.00

Dr.

113

C.

1,097,352.91

157,353.21

997,700.00

3,097.84

22,334.81

9,496,620.09*

Total Liabilities,

Balance,

3,456,522.92

15,971,495.23

Total................... .$ 19,428,018.15

* Cash lent at Interest..

Cash on deposit.

Invested as follows :—

Value of Stock. ..$120,000.00

Hongkong 6% War Loan, 1921-28, 4% Funding Loan, 1960-90, Queensland 44% Stock 1920-25, Queensland 4 % Stock 1924,

£835,000 Os. Od. ..£ 18,000 Os. Od. .£ 23,500 Os. Od.

Queensland 4% Bond 1920-25, ......£ 25,000 Os. Od.

Unallocated Stores, (P.W.D.),

Unallocated Stores, (Railway), Coal Account,

Investment Account,

Balances at Banks,

Crown Agents' Current Account,

Total,..............

...£

89,000 0s. Od.

.£1,009,046 14s. 1d.

Actual Cost. $120,000.00 £662,991 14s. 94d. £ 17,697 5s. Od. £ 23,381 6s. 3d. £ 24,391 12s. 6d.

366,001.92

247,893.56

74,740.74

6,420,211.23†

542,669.24

2,039.60

$19,428,018.15

Market Value. $120,000.00 £730,625 0s. Od. (87). £ 17,640 Os. Od. (98). £23,265 Os. Od. (99). £ 24,500 Os. Od. (98).

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1923, AND 31st DECE MBER, 1924,

(ESTIMATED).

1923.

1924.

:

Revenue, Expenditure,

Surplus,......

Exchange Finctuation Account,

Balance of Assets, (1922),

$24,783,762.53

21,571,904.72

Revenue,... Expenditure,

23,903,937

26,120,852

3,211,857.81

Deficit,

.$

2,216,915

100,995.01 12,658,642.41

Balance of Assets, (1923),

15,971,495

Balance of Assets, (1923),

4

$15,971,495.23

Balance of Assets, (1924),

13,754,580

War Loan Stock Issue

LOAN ACCOUNT.

1923.

J924.

1923.

1924.

Cr.

of 1916 at 6% interest. To be paid off on the 1st December, 1928,

$3,000,000

$3,000,000

Sinking Fund, .

$1,176,086 and £98,441 Stg.

$1,458,182 and

£105,455 Stg.

Inscribed Stock Issues of 1893 and 1906 at

3% interest. To be paid off on the 15th April, 1943,

£1,485,732. 16. 5 £1,485,732. 16. 5 Sinking Fund,. £432,592. 0. 0.

£467,272. 0.0.