Estimates-1936 — Page 109

Appendix

III,- Continued.

Revised Estimate of Revenue for 1935...

DEDUCT:-

Opium Monopoly

Water Service

Government

Use of Motor Vans

Contribution for Anti Piracy Escorts

Maintenance of Gap Rock Lighthouse, Contribution from Chinese

Widows' and Orphans' Pensions Contribution.

Wireless Telegraphy Services..

Kowloon Canton Railway

ADD:-

Condemned Stores &c.

Land Sales

Interest on 4% Conversion Loan

Sinking Fund on above

Interest on 31% Dollar Loan

Redemption of Bonds

Net Receipts on Productive Undertakings.—

111

$28,328,034

400.000

10,000

100,000

750

30,000

307,000

679,500

1,443,550

20,000

644,500

193,520

166,911

490,000

560,000

5,045,731

23,282,303

OPIUM MONOPOLY

Gross Receipts

Less Working Expenses

400,000 199,905

Net Profits....

200,095

WATER SERVICE.

Gross Receipts..

Less Working Expenses

10,000 21,500

Net Profits....

Nil.

USE OF MOTOR VANS.

Gross Receipts

Less Working Expenses

30,000 28,290

Net Profits...........

1,710

WIRELESS TELEGRAPHY SERVICES.

Gross Receipts

679,500

Less Working Expenses

Capital Expenses to 1934

442,453 43,920

""

for 1935 $197,992 @ 4%...

7,920

494,293

Net Profits.....

185,207

KOWLOON CANTON RAILWAY.

Gross Receipts.

Less Working Expenses

Less Motor Cars

1,443,550

939,000 12,000

927,000

Net Profits

Revised Estimate of Revenue assessable for Defence Contribution for 1935. Estimate of Revenue assessable for Defence Contribution for 1935....

Overestimated

20% of.....

.$1,105,742 $221,148

=

516,550

24,185,865 25,291,607

$ 1,105,742