Estimates-1954 — Page 8

6

ESTIMATED FINANCIAL POSITION

1953

1954

$

$

Excess of assets over liabilities on 31st March, 1952

219,232,414

359,205,130

Revised estimate of revenue 1952-53

100,000,000

Revised estimate of expenditure 1952-53

321,972,720

100,000,000

Estimated surplus 1952-53

37,231,410

256,463,824

Less surplus transferred to Revenue

Estimated excess of assets over liabilities on 31st March, 1953

100,000,000

156,463,824

Estimated revenue 1953-54

Estimated expenditure 1953-54

Estimated surplus 1953-54

Estimated excess of assets over liabilities on 31st March, 1954

348,642,700

328,169,818

20,472,882

176,936,706

Suspense

STATEMENT OF LIQUIDITY OF SURPLUS BALANCES

AS AT 31st MARCH, 1952

LIABILITIES

$ 1,255,699.69

219,232,413.80

Suspense

ASSETS

$ 55,650,185.85

Advances pending

raising of loan. $4,323,153.80

Other advances... 9,911,362.58

General revenue balance

Liquid assets

$220,488,113.49

14,234,516.38

$ 69,884,702.23

150,603,411.26

$220,488,113.49