2,332
Subsistence allowances
24,323
!
52,645
Travelling expenses
67,195
5,118
Uniforms
2,680
10,579
Workshop equipment & tools.
36,451
6,163
Flow recorders...
8,401
46,057
Drilling equipment..
15,159
Pumps
50,023
3,081
Sluice valves
19,398
7,163
Surveying units
1,946
1,914
Maintenance of office machinery & equipment
5,084
Printing, stationery & office furniture
50,000
(estimated)
50,000
30,000
Administration, accounting etc. (estimated)... Adding machine
30,000
2,610.
400,075
4. INTEREST @ 34% ON CAPITAL ADVANCE
Gross expenditure incurred during year ended
31/3/56
($20,750,471)—TaiLam Chung
Water Scheme....
($2,823,964)--New Plant
726,266
538,272
98,839 825,105
Net accumulated expenditure from 1/4/52
354,542
844,411
1,669,516
to 31/3/55 ($24,126,028)
5. SINKING FUND INSTALMENTS ASSUMED
INVESTED @ 31%
916,044
1,026,960
86,454
(a) Dam revalued at 1/4/52-$120,000,000
redeemable 50 years (b) Plant revalued at 1/4/52-$40,000,000
redeemable 25 years (c) New plant purchased 1952/53—$3,367,360
redeemable 25 years
916,044
1,026,960
86,454
19,126
80,455
(d) New plant purchased 1953/54-$744,942
redeemable 25 years (e) New plant purchased 1954/55—$3,133,734
redeemable 25 years (f) New plant purchased 1955/56—$2,823,964
19,126
80,455
redeemable 25 years
72,502
2,201,541
1,382,943
$ 12,424,363
6. EXCESS OF REVENUE OVER EXPENDI-
TURE FOR THE YEAR
2,210,076
$ 15,200,393
$ 12,424,363
$ 15,200,393
211
Page 215Page 216
1954/55
1. CAPITAL
160,000,000