67,195
Travelling expenses
73,048
2,680
Uniforms
4,324
36,451
Workshop equipment & tools
14,295
Billing machines
54,502
8,401
Flow recorders..
23,838
50,023
Pumps
12,244
19,398
Sluice valves
11,165
1,946
Surveying units
2,610
Mains locating & leak detecting machine Adding machines
1,239
Printing, stationery & office furniture
50,000
(estimated)
50,000
30,000
Administration, accounting, etc. (estimated)......
30,000
435,591
4. INTEREST @ 31% ON CAPITAL ADVANCE
825,105
844,411
Gross expenditure incurred during the year
ended 31.3.57
($32,438,262)—Tai Lam Chung
Water Scheme...
($3,728,714)-New Plant
1,135,339
130,505 1,265,844
1,592,164
2,858,008
Net accumulated expenditure from 1.4.52
to 31.3.56 ($45,490,387)
5. SINKING FUND INSTALMENTS ASSUMED
INVESTED @ 3%
916,044
1,026,960
86,454
(a) Dams revalued @ 1.4.52—$120,000,000
redeemable 50 years (b) Plant revalued @ 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
(d) New plant purchased 1953/54—$744,942
19,126
80,455
72,502
redeemable 25 years (f) New plant purchased 1955/56—$2,823,964
redeemable 25 years (g) New plant purchased 1956/57-$3,728,714
redeemable 25 years
redeemable 25 years (e) New plant purchased 1954/55—$3,133,734
19,126
80,455
72,502
95,731 2,297,272
2,210,076
$15,200,393
6. EXCESS OF REVENUE OVER EXPENDI-
TURE FOR THE YEAR
$16,421,270
$15,200,393
$16,421,270
221
Page 220Page 221
1955/56
LIABILITIES
1. CAPITAL
160,000,000
Revaluation of assets at 1.4.52.....