Estimates-1937 — Page 113

Appendix III,-Continued.

Revised Estimate of Revenue for 1936...

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.-

113

$28,415,970

420,000

6,500

110,000

750

28,300

397,200

692,600

1,278,820

11,000

200,000

193,520

166,911

470,400

560,000

4,536,001

23,879,969

OPIUM MONOPOLY

Gross Receipts

Less Working Expenses

420,000 194,265

Net Profits....

225,735

WATER SERVICE.

Gross Receipts..

Less Working Expenses

6,500 8,000

Net Profits.....

Nil.

USE OF MOTOR VANS.

Gross Receipts

Less Working Expenses

28,300 26,930

Net Profits.....

1,370

WIRELESS TELEGRAPHY SERVICES.

Gross Receipts

692,600

Less Working Expenses

""

Capital Expenses to 1935

494,536 46.249

"2

*

for 1936 $80,000 @ 4%

3,200

543,985

148,615

543,678

U

Net Profits...

KOWLOON-CANTON RAILWAY,

Gross Receipts

Less Working Expenses

1,278,820 735,142

Net Profits

Revised Estimate of Revenue assessable for Defence Contribution for 1936... Estimate of Revenue assessable for Defence Contribution for 1936 ...

Underestimated

20% of...........

$1,859,123 $371,825

24,799,367 22,940,244

$ 1,859,123