BALANCE SHEET OF THE WATERWORKS
AS AT 31ST MARCH, 1957
$
Add
Advances : Net accumulated Capital
24,126,028
Expenditure as at 1.4.56
2,823,964 20,750,471
1956/57
(a) New plant
Add Gross Capital Expenditure incurred in
45,490,387
3,728,714
(b) Tai Lam Chung Water Supply Scheme.. 32,438,262
2,210,076
Add Deficit for the year 1956/57.....
(Repayment out of profit
for the year.)
2. SINKING FUNDS
1955/56
ASSETS
1. REVALUATION OF ASSETS AT 1.4.52
160,000,000
120,000,000 40,000,000
(a) Dams (b) Plant..
10,070,000
81,657,363
738,442
82,395,805
44,646,920
Sinking Funds 31.3.56......
6,599,590
6,599,590
Interest 1956/57 at 31% Instalments 1956/57....
230,986 2,297,272
9,127,848
6,599,590
3. REVENUE AND EXPENDITURE
As at 1.4.56
9,226,533
9,226,533
Less Deficit for the year 1956/57.
738,442
8,488,091
$221,316,510
$260,011,744 | $221,316,510
2. NEW PLANT
Appendix F,-
Contd.
***
.120,000,000 40,000,000
160,000,000
As at 1.4.56
Additions during 1956/57
3. TAI LAM CHUNG WATER SCHEME
10,070,000
3,728,714 13,798,714
As at 1.4.56
Additions during 1956/57
4. SINKING FUNDS INVESTMENTS AT 31%
Sinking Funds investments 31.3.56 ................................ Interest 1956/57 @ 31%
Instalments 1956/57
44,646,920 32,438,262
77,085,182
6,599,590
230,986
2,297,272
9,127,848
$260,011,744
222