1947-1948 — Page 19

Kowloon-Canton Railway Departmental Reports 九廣鐵路年報 All

Statement No. 3—INCOME.--Continued.

Part II-Profit and Loss Account.

Previous Year

1

$

Current Year Previous Year

1

2

$

$

Current Year

2

PL-5 Balance of the year

PL-6 Loss on property re-

tired

(A)

2,089,485.64 PL-1 | Balance of the year

PL-2 Profit on sale of assets

2,932,607.26

9,546.50

PL-7 Delayed operating

debits

PL-8 Miscellaneous debits

2,089,485.64

2,089,485.64

Total Balance

2,923,060.76]

Total

2,932,607.26 2,089,485.64

PL-3 Delayed

operating

credits

PL-4 Miscellaneous credits

Total Balance

2,932,607.26

Total

2,932,607.26

Part III-Surplus Appropriation Account.

Previous Year

Current Year | Previous Year

Current Year

1

$

1

$

2

2

$

S-4

(B) 6,735,070.33 S-5

Deficit for the year ...

Deficit from previous

years

2,089,485.64 S-1 Surplus for the year

2,923,060.76

S-2

6,735,070.33

Total

4,645,584.69

4,645,584.69

Surplus from previous

years

Surplus carried to

balance sheet

6,735,070.33

Total

4,645,584.691

2,089,485.64

(C) 4,645,584.69

6,735,070.33

Total

2,923,060.76

Deficit carried to

balance sheet

1,722,523.93

Total

4,645,584.69

(A) Loss on one locomotive sold by Auction

estimated value

Actual amount realized by sale

Net Loss

(B) Deficit brought forward from 1939.

$15,000.00 5,453.50

$ 9,546.50

This defiict may have been greater during 1940 and 1941, but no records for these years are available.

(C) Deficit brought forward from 1939

Plus interest on Special Expenditure up to 1939 31% on $3,367,205.48 ...

Less Interest on Depre-

ciation Reserves for 1946/47, 31% on $57,900.89

Less net earnings for

1946/47

$ 2,026.53

2,205,311.30

$6,735,070.33

117,852.19

$6,852,922.52

2,207,337.83

$4,645,584.69

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