Estimates-1955 — Page 10

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ESTIMATED FINANCIAL POSITION

1954-1955

$

Excess of assets over liabilities on 31st March, 1953

196,962,296

Revised estimate of revenue 1953-54

385,835,000

Revised estimate of expenditure 1953-54

376,311,000

Estimated surplus 1953-54

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

9,524,000

206,486,296

Estimated revenue 1954-55

389,480,000

Estimated expenditure 1954-55

388,262,050

Estimated surplus 1954-55

1,217,950

Estimated excess of assets over liabilities on 31st March, 1955.....

207,704,246

STATEMENT OF LIQUIDITY OF SURPLUS BALANCES AS AT

31st MARCH, 1953

ASSETS

$ 106,953,091

$

771,633

7,209,945

7,981,578

LIABILITIES

Suspense.

$

29,207

Suspense

Advances pending raising

General Revenue Balance.......

196,962,296

of loan......

Other advances....

$ 196,991,503

Liquid assets

$ 114,934,669

82,056,834

$ 196,991,503

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