Estimates-1933 — Page 109

Appendix III,—Continued.

ESTIMATE OF THE FINANCIAL POSITION AT 31st DECEMBER, 1933.

111

1932.

1933,

Excess of Assets over Liabilities at 1st

January, 1932

$ 11,347,629

Brought forward...........

11,812,803

Revenue to 30 June, 1932...$16,896,115 Estimated Revenue for six

months ending December 31st 1932

Estimated Revenue for 1933......

$ 34,002,575

.$16,256,559

$ 45,815,378

Revised Estimate of Revenue for 1932 ...$ 33,152,674

$44,500,303

Estimated

1933..

expenditure for

.$34,699,247

Expenditure to 30th June,

1932

Estimated Expenditure for six months ending Decem- ber, 31st 1932

Revised stimate of Expenditure for 1932 $32,687,500

$15,478,197

Expenditure

Balances

from Surplus

500,000

$17,209,303

$ 35,199,247

Estimated excess of Assets over Liabili-

ties at December 31st, 1932 ...

Estimated excess of Assets over Liabilities

on 31st December, 1933

$ 10,616,131

..$ 11,812,803

Dr.

LOAN ACCOUNT.

1931.

1932.

1931.

1932.

Cr.

Inscribed Stock Issues of 1893 and 1906 at

34% interest per

annum. To be paid off on the 15th April, 1943

Public Works (1927)

Loan at 6% interest per annum. To be paid off on the 1st November, 1938......!

.£1,485,732. 16. 5 £1,485,732. 16. 5. | Sinking Fund. £761,447. 14. 6. £798,200. 0. 0.

$4,927,000

$4,927,00 | Sinking Fund. £ 98,036. 12. 3. | £101,460. 0. 0.

$333,000

Appendix IV.

STATEMENT OF 1925 TRADE LOAN.

1931.

Trade Loan 1925,

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

1931.

£400,000 repaid in 1926, £550.000 repaid in 1927, £435,000 repaid in 1928,

Loans issued.

Less repaid:

$15,633,582.97

1926.... 1927.

.$2,604,930.00

4,845,879.76

£145,000 repaid in 1929

1928

3,403,560.02

and £270,000 repaid in 1930.

1929..

1,356,536.86

1930.

1,280,842.65

1931....

832,241.62

14,323,990.91

1,309,592.06

Less amount written off as

Irrecoverable

77,012.30

Total Loans Outstanding ...$ 1,232,579.76