Estimates-1928 — Page 105

Appendix IV,—Continued.

ASSETS AND LIABILITIES ON 31ST DECEMBER, 1926, AND

81ST DECEMBER 1927, (ESTIMATED).

105

1926.

Revenue.... Expenditure

$21,131,581.64 23,524,715.94

Revenue.....

Expenditure

Deficit

-2,393,134.30

Exchange Fluctuation Account

2,234,057.84

Deficit...

Total Deficit

Balance of Assets, (1925)

Balance of Assets, (1926)

$1,627,192.14 8,113,482.68

$3,486,290.54

Balance of Assets, (1926)

Balance of Assets, (1927)

1927.

$20,535,901.00

21,584,658.00

$ 1,048,757.00

3,486,290.00

$ 2,437,533.00

Dr.

War Loan Stock Issue

LOAN ACCOUNT.

1926.

1927.

1926.

1927.

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

$3,000,000

$2,100,000 paid off Sinking Fund.. $1,834,928 and

on May 1st.

£120,653.

Nil.

$ 900,000 paid off

ou November 1st.

Inscribed Stock Issues of 1893 and 1906 at 31% interest. To be paid off on the 15th | April, 1943....

£1,485,782. 16. 5 £1,485,732. 16. 5 Sinking Fund. £533,787.12.10. £572,665.

Appendix V.

STATEMENT OF 1925 TRADE LOAN,

Trade Loan 1925.

1925.

£3,000,000 authorised £1,800,000 borrowed

£1,800,000

1926.

Cr.

£400,000 repaid. Balance Loans issued.........

£1,400,000 on Deposit with the Hong Kong and Shanghai Banking Cor- poration, London, against Note Issue.

$15,524,588.46 Less repaid ............$ 2,604,930.00

Loans outstanding ...$12,919,658.46 Overdraft in Hong

Kong

$12,596,711.85

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