- 18 -5 - Reserve Fund The unexpended balance of the reserve fund on January 1, 1911 was £457,491.19 Additions: (1) 1911 Budget Increase £192,695 (2) Miscellaneous Revenues in 1911 £38,295.0 Total £330,394.5 Deduct what was paid in 1911 £805,272.4 £457,491.12 The balance on January 1, 1912 was From this balance, an amount of £4,080,266 is designated for credits opened but not yet disbursed. The amount invested in securities for the reserve and its total maximum in 1911 has been calculated. The reserve fund balance in the presented table does not account for corrections of this nature.

6 - Egyptian Debt The total debt was £49,497,220 on December 31, 1910, and the interest and amortization amounted to £3,504,400. £350,440 of the principal was repaid during the year, making the total debt £49,492,166 on December 31, 1911, with annual interest and amortization of £4,056,100. It should be noted that the government and the Debt Commission hold bonds worth £4,120,000, with an interest of £200,000. Thus, the total debt whose bonds were circulating among the public at the end of last year was £89,117,540, and the government's payment for interest and amortization is £3,350,900 per year.

* This figure includes the interest and amortization for the Domaine loan for the entire year. If the Domaine loan was taken out before the end of the year, this figure would be different. As it is not possible to determine the exact date of the loan's inception at this time, it is impossible to precisely adjust this figure.