14,452,343 1,833,720 Net amount of assets, on 30th April, 1804 Increase of assets Deducting increase of assets from increase of debts, the state of the Company's affairs in this view, is worse in April, 1804, than in April, 1803, in the sum of HOME ACCOUNTS.. 833,264 No. 25-Aggregate amount of sales in 1804-5 8,044,393 Less than the year preceding The sales of the Company's goods were less by The sales of the private 609,991 trade goods were more by 229,115 380,876 The sales of the Company's goods were estimat ed at 6,868,700 The actual amount was 5,267,578 Being less than estimated 1,601,122 YOL. III. 1805-6. 4 B The From the disappointment in the produce of the sales, with a large payment in bonds by the purchasers, and from a greater ex penditure on account of India and China tha first intended, the deficit would have appeared in the cash balance of this year to a considerable amount; but the sum borrowed from Government, a loan from the Bank, and an issue of Company's bonds, have so operated, that the balance of cash estimated to remain in favour of the Company, on the 1st March, 1805, to the amount of was found by the actual accounts of the year to be 157,631 12,020 which was less than estimated by the sum of 145,614 HOME ACCOUNTS. ESTIMATE 1805-6, No. 23--Sale of the Company's goods estimated to amount to GENERAL RESULT, Notwithstanding the receipts from the sales are estimated much higher than the actual of the last year, and the expectation is stated of a payment by government of a million, the various demands upon the treasury are so great for freight and demorage, the repayment to government of 500,000l. borrowed in the last year, and on other accounts, that 6,301,414 the the balance on the 1st March, 1806, is estimated to be against the Company in the sum of DEBTS AT HOME. On the 1st March, 1804 62,836 4,788,865 No. 23, on the 1st March, 1805 Increase 6,012,196 1,223,331 ASSETS AT HOME. On the 1st of March, 1804 19,168,736 Increase No. 23, on the 1st March, 1805 Deducting the increase of debt from the increase of assets, the home concern exhibits, in this view, an improvement in the year amounting to CHINA AND ST. HELENA. 20,442,659 1,273,923 50,592 Deducted from the increase of debt, will shew a deterioration to have taken place on the whole concern in this view, during the years 1809-4 abroad, and 1804-5 at home, to the amount of Add-Amount received in India, and included in the quick stock there, dated April 30, 1804, which formed part of the cargoes afloat outwards, in the assets at home Goods in the export warehouses in India on the 30th April, 1804, arrived in England and included in assets at home 583,299 339,194 43,619 626,918 966,112, The amount of the deterioration will then be The assets at home exhibited an increase in value during the year in the sum of 442,1927. from the insertion of the amount of the claims of the Company on the public, it having been calculated before it was under the consideration of Parliament. As this branch of the concern is under examination upon principles recommended by a committee of the House of Commons, which will lessen its amount, a further considerable adjustment will hereafter be requisite. ABSTRACT OF ADDITIONAL ACCOUNTS.-BUDget, 1805. General View of Estimates, 1905-6, Revenues of Bengal 8,763,220 Madras Bombay 4,774,296 Total revenues 14,279,8533 Total interest 2,018,828 2,651,939, Total excess of charge beyond the produce 1805-6 Net amount of debt on 30th April, 1804 22,556,207 Amount as to Bengal, January 28, 1805, and Madras and Bombay, 39th April, 1805 Deduct sinking fund as above 28,107,499 3,151,065 Net amount of debts in 1805 25,046,434 Increase 2,510,227 DEBTS BEARING INTEREST. Amount in April 1804, by No. 16 21,276,466 Deduct in the hands of the com missioners of the sinking fund 2,244,532 Net amount of debts bearing interest on the 30th April, 1804 19,031,934 |