British Mandate: A Survey of Palestine: Volume I - Page 386

CHAPTER IX.

(c) The accumulated profits during the four years amounted to £P.182,000 and were reinvested in capital assets, thus:-

Buildings, Adva n ** I Sundry
Value on I irrigation,
SO*h Sept Livestock, Stores Shares payments debtors I Total
machinery ai:~ ~11~~~- and cash
etc.
£P. £P. £P. £P. £P. I £P.
1940 I 541.000 I 55.000 I 18.000 I 31.000 I 26.000 I 671.000
1943 762,000 249,ooo se.ooo es.ooo ss.ooo 1.208,000
Increase j 1104,000 I 18.000 I 37.000 I 62,000 I
over 1940 221,000 532,000 (d) This capital development necessitated further borrowing to the extent of £P.408,000 as shown below:-

Loans and creditors

Year ending 30th Sept. 1940

1943

Increase over 1940

£P. 625,000 1,033,000 408,000

(c) Although the total indebtedness of these 16 settlements amounted to £P.l,033,000 (at 30th September, 1()43) it is not all immediately payable. By analysing the debts over the periods payable and deducting the amounts due to settlements (sundry debtors and cash) immediate indebtedness is arrived at as under :-

As at 30th September 1940

1941

1942

1943

Net immediate cash indebtedness

£P. 180,000 214,000 270,000 331,000

----

Increase over 1940

151,000

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