and the farms and licences, the average of
those revenues, from 1799, 1800, to 1801–2,

was

Which exceeded the average from 1798-9 to

1800-1

Estimated for 1801-2

Actual amount

More than estimate

Charges.-Estimated for 1801-2

Actual amount

More than estimate

Deducting excess of charge from excess of reve-
nue, the net charge was less than estimated

£.1,136,597

101,528

3,899,040

4,729,610

830,570

4,559,311

4,963,742

404,431

426,139

234,132

And the net charge of the

year

1801-2 was

ESTIMATES 1802-3.

Revenues

4,670,369

Charges

4,555,676

Revenues.-Excluding the revenues of the ceded provinces

Revenues

Deducting excess of charge from excess of revenue,
the net charge was less than estimated
And the net charge of the year 1801-2 was

ESTIMATES 1802-3.

£. 32,187

881,296

410,280

Net charge estimated for 1802-3, less than preceding year

384,170

BENCOOLEN AND OTHER SETTLEMENTS.

Revenues of Fort Marlbro', on average of three years, 1798–9

to 1800-1

8,806

Charges ditto, ditto

Supplies from Bengal to Fort Marlbro', Penang, &c. esti

mated for 1801-2

85,840

Remaining net revenue

1,065,757

Deducted from the interest, &c. paid on the debts,

Showed the deficit from the territorial revenues to be
Deducted from the amount sales of imports, &c. by

The remainder

was the sum left, applicable to the purposes of commerce. Amount advanced for the purchase of investment, payment of commercial charges, and in aid of China investment,

At Bengal
Madras
Bombay
Marlbro'

739,651

281,329

246,021

21,092

£. 383,743 418,717

34,974

Total advances for investments 1,288,093

Cargoes invoiced from India to Europe in 1801-2, with charges by

GENERAL VIEW.

Result of the Estimates for the Year 1802-3, collectively.

2,362,443

Revenues.-Bengal

7,612,384

Madras

4,670,369

The total

1,507,316

was the amount estimated to be applicable in the year

1802-3, to the purposes of commerce.

Amount of interest payable by the accounts of last year

1,342,853

Ditto, of this year

1,481,070

Increase of interest payable annually

138,217

ASSETS IN INDIA,

Consisting of cash, goods, stores, &c. last year
Ditto, ditto, by present statements

12,113,923

13,372,741

Deduct increase of assets from increase of debts, the state of the company's affairs in India appeared worse in this view by

1,032,389

The sales of the company's goods were estimated at
The actual amount was

5,880,600

6,048,028

Being more than estimated by

167,428

The receipts of the sales of the company's goods estimated at 6,500,600 Actually amounted to

6,972,417

General result. The balance of cash estimated to be against the company on the first of March 1803

1,434,556

Actually

Actually proved to be in their favour

Being better than estimated

Which may be attributed to the additional receipts on the sales of goods, on private trade, and on the issue of bonds, combined with the payments below the estimate on account of India and China, and on several other accounts; also, the protraction of the liquidation of 700,0001. of the debt to the bank.

ESTIMATE 1803-4.

£. 1,009,822

2,444,378

Receipt for sale of company's goods
General result.-Although the balance of cash on the 1st of
March, 1803, was large, and although the smaller receipt
on the sale of the goods was more than made up by an
expected payment from government, the great disburse-
ment required for India and China, for purchase of invest-
ments and liquidation of debt, and the payment of the loan
from the bank, were likely so to operate, that the balance of
cash in favour of the company, on the 1st of March 1804,
was estimated to amount to the sum only of

6,085,500

89,393

Increase

637,833

Adding the decrease of debts to the increase of assets, the - improvement of the home concern in the year was

686,630