7 
PART III. 
FINANCIAL RESULTS. 
Revenue. 
36. The following statement shows the total revenue from 1921 to 
i9 2 3 : — 
Settlement. 
1 
Revenue 
1921. 
Revenue 
1922. 
l 
Estimated 
revenue 
1923. 
Actual 
revenue 
1923. 
Increase or 
decrease 
over 
Estimates. 
Increase or 
decrease 
over 1922 
actuals. 
Singapore 
Penang and Province 
Wellesly 
Bindings 
Malacca 
Total 
$ 
16,678 
3,016 
13,801 
10,341 
$ 
14,389 
3,003 
16,916 
10,705 
$ 
8,000 
# 
3,250 
15,450 
7,740 
$ 
13,618 
4,154 
13,589 
16,947 
? 
+ 5,618 
+ 904 
1,861 
+ 9,207 
S 
771 
+ 1,151 
- 3,327 
; + 6,242 
43,836 
45,013 
34,440 
48,308 
; + 13,868 
+ 3,295 
j ' 
'll These figures are on the whole satisfactory, but a fall in revenue 
for a few years is likely until better systems of working can be introduced. 
In the meantime a cautious policy is necessary. 
EXPENDITURE. 
38. The following table shows the expenditure from 192T to 1923 : 
V 7 
" 
" 
Increase or 
Settlement. 
Expenditure, 
1921. 
Expenditure, 
192 2 . 
Estimated 
expenditure, 
1923. 
Expenditure, 
1923. 
Savings on 
Estimates. 
decrease 
over 1922 
actuals. 
$ 
I 
$ 
S 
$ 
$ 
Singapore 
18,659 
14,776 
8,802 
6,825 
1,977 
- 7,951 
Penang and Province 
Wellesley 
Dindings 
Malacca 
6,058 
10,383 
15,471 
5,782 
9,157 
14,704 
9,685 
10,667 
24,047 
8,951 
9,244 
19,273 
?34 
1,423 
4,774 
+ 3,169 
+ 87 
+ 4,569 
Total 
50,571 
44,419 
53,201 
. 
*44,293 
i * 
8,908 
126 
* Excludes temporary allowances amounting to $4,931. 
<10 The lump sum payable to the Federated Malay States under the 
amalgamation scheme is distributed amongst the different settlements in 
proportion to their area, and this accounts largely for the increases and 
decreases in the last column of the table. In former years admmistiative 
charges have been paid from the Singapore vote. 
SURPLUS AND DEFICIT. 
40 The surplus of revenue over expenditure was $4,015 as shown in the 
following statement:— 
Settlement. 
Surplus 
or deficit 
1921. 
Surplus 
or deficit 
1922. 
Estimated 
surplus or 
deficit 1923. 
Surplus 
or deficit 
1923. 
Increase 
or decrease 
over 
Estimates. 
Increase 
or decrease 
over 1922 
actuals. 
Singapore ••• 
Penang and Province 
Wellesley 
Dindings 
Malacca 
Total ... 
$ 
- 1,981 
- 3 042 
+ 3.418 
- 5,130 
- 6,735 
8 
- 387 
- 2,779 
+ 7,759 
- 3,999 
$ 
802 
- 6,435 
+ 4,783 
- 16,307 
$ 
+ 6,793 
- 4,797 
+ 4,345 
- 2,326 
$ 
+ 7,595 
+ 1,638 
438 
4- 13,981 
$ 
+ 7,180 
- 2,018 
- 3,414 
+ 1,673 
+ 594 
- 18,761 
+ 4,015 
+ 22,776 
+ 3,421 
