WATERWORKS RENEWALS AND IMPROVEMENT FUND
A. Capital expenditure from Revenue up to 31st March, 1951
(i) Charged to Revenue up to 31.12.38 1939 credit for sale of surplus plant
$15,644,464 30,977
(ii) Charged to Revenue in anticipation of a loan
Actual expenditure up to 31.12.39 Estimated expenditure 1940/41
(iii) Expenditure on non-recurrent works of a capital nature
1948/49
1949/50
1950/51
111
$ 2,266,913 1,714,494
$15,613,487
3,981,407
19,594,894
6,650
1,148,981
1,461,253
2,616,884
$22,211,778
$
444,236
2% of $22,211,778, being contributions to Renewals and
Improvement Fund in 1951/52 ...
B. Renewals and Improvement Fund Account
NOTE: The credit balance of $1,100,093 brought down from 1940/41 has been written off as lost through
enemy action
To actual expenditure charged
Actual contributions by transfer from Public Works Recurrent sub-head entitled Contribu- tions to Renewals and Im- provement Fund
1946/47
1948/49
$ 39,143
$ 391,898
1949/50
20,644
1950/51
267,030
Balance carried down
$1,633,908
1947/48
1948/49
1949/50
1950/51
391,898
391,898
392,031
393,000
$1,960,725
$1,960,725
Estimated expenditure in
Balance brought down from
1951/52
$1,110,000
Net depreciation on revaluation
1.4.51 Dividend
$1,633,908
on investments
to
of stocks held at 31.3.51
26,589
Estimated balance on 31.3.52
1,011,775
30.9.51 Contribution due for 1951/52
70.220
444,236
$2,148,364
$2,148,364
NOTE: The value of securities in the hands of Crown Agents is $1,000,000 plus dividend $70,219.46 less
depreciation $26,588.13=$1,043,631.33
C. Schedules of estimated expenditure for 1952/53
Item
Estimate
Estimated Expenditure 1951/52
Estimate 1952/53
$
$
$
1. Tytam Tuk Pumping Station conversion
2. Grouting leakage at Wongneichong
Reservoir
650,000
600,000
50,000
30,000
10,000
20,000
Conversion of Slow Sand Filters at Kowloon to Rapid Gravity Filters ...
800,000
50,000
750,000
4. Renewals and improvements to existing
mains
400,000
400,000
5. Replacement of water meters
50,000
50,000
$1,930,000
$1,110,000
$820,000