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'File 19/176 VI Bahrain Finances' [31r] (61/253)
The record is made up of 1 file (125 folios). It was created in 17 Oct 1941-6 Apr 1948. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
as being in the bank. This may be due to the fact that the
money has only just been invested and therefore dividends have
not become due. Cn the liability side of the "Balance Sheet"
1361 we see a free use of the term "Reserve".
"Deprec^iation Reserve" could possibly be better described
as a "Replacement Fund" while it should not be necessary to have
a "Reserve for Bad Debts" in your "Balance Sheet"; although
"Bad Debts" might, and frequently do, figure in accounts.
Under "Operating Reserve" there is the sum of io.1,36,403-
-16-3 without any indication of how this sum was arrived at;
we have already noted ftn "Operating Reserve" of is.48,761-13-1
in the "Profit and Loss Account" 1361.
3. Graphs
The graphs showing "Units Generated" and "Revenue in I-Upe^V
are misleading, for the revenue is shown at half the scale of
the units generated. Thus the variation in the "Revenue"
graph is only half as great as the variation in the "Unit'^raph.
The "Revenue" scale should in future reports be the same as
the "Units Generated" scale.
III - STATE BUDGST
RSVKNU3S
1. Oil Royalty . The Adviser is correct in giving a
conservative estimate under this head. 1 have oeen given to
understand that the expansion of the Refinery will not affect
the royalty paid to the Bahrain Gtovernment/^» yuaJ.
2. Customs . As the Bahrain Customs duties are assessed
on the value of the articles imported and not on the quantity
the revenue will only decrease when the value of the uoual
imports falls below that of the previous year. I see little
likelihood of this occurring in view of iJae continual rise in
prices and I consider that this should have been taken into
account when assessing the probable revenue under ohis head.
I believe that the customs revenue this year has already exceede<
the budget figure by some six
lakhs
One lakh is equal to one hundred thousand rupees
of
rupees
Indian silver coin also widely used in the Persian Gulf.
.
3. Suspense Accouht . rhe sum of hs.7,73,000 has been
/shown
About this item
- Content
This file contains Bahrain government budget reports and other detailed financial records for the years 1941 to 1948. The documents in the file include details of goverment revenue and expenditure and discussion related to the size of the allowances received by the Al Khalifa family.
Of note are folios 41 and 42, on which financial details from 1943/44 have been printed on the reverse of two unrelated posters - presumably due to a paper shortage during war time.
- Extent and format
- 1 file (125 folios)
- Arrangement
File is arranged in chronological order, from earliest at beginning of the file to most recent at end.
- Physical characteristics
Previously a bound correspondence file but the sheets have now been unbound and are loose. Foliation in small encircled numbers in pencil in top right corner of recto The front of a sheet of paper or leaf, often abbreviated to 'r'. . Starts on front cover and continues to last letter page. Folios 41 and 42 are in an envelope. Additional inconsistent system of pagination starts with 3 on f.2. This is partly in larger uncircled numbers and partly in smaller numbers prefaced with 'p.'. Occasional pages also have large encircled numbers in red or blue crayon.
- Written in
- English in Latin script View the complete information for this record
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'File 19/176 VI Bahrain Finances' [31r] (61/253), British Library: India Office Records and Private Papers, IOR/R/15/1/355, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023545908.0x00003e> [accessed 25 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/1/355
- Title
- 'File 19/176 VI Bahrain Finances'
- Pages
- front, front-i, 2r:2v, 5v, 9v:10v, 13v:17v, 19v:20v, 22v:38v, 46v, 52v:58v, 61v:62v, 64v, 67v, 70v:89v, 90v, 91v, 93v:103v, 104v, 107r:108v, 109v:122v, 123v:125v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence