757,278
2,883,853
4. INTEREST @ 31% ON CAPITAL ADVANCE
Gross expenditure incurred during the year ended 31.3.59 ($16,775,068)—Tai Lam Chung Scheme...$ 587,127 ($7,732,322)--Shek Pik Scheme.... ($8,129,662)—New Plant.....
270,631
284,538 1,142,296
Net accumulated expenditure from 1.4.52 to 31.3.58
($104,123,393)
($13,948)—adjustment of Tai Lam Chung
expenditure for the year
1955/56. Interest @ 34% for the years 1955/56, 1956/57 & 1957/58
.$3,644,319
5. SINKING FUND INSTALMENTS ASSUMED
INVESTED @ 31%
(a) Dams revalued @ 1.4.52
redeemable 50 years (b) Plant revalued @ 1.4.52
redeemable 25 years.. (c) New plant purchased 1952/53 redeemable 25 years... (d) New plant purchased 1953/54
redeemable 25 years
916,044
1,026,960
86,454
19,126
80,455
(e) New plant purchased 1954/55
redeemable 25 years
1,465 3,645,784
4,788,080
$120,000,000
$ 40,000,000
916,044
1,026,960
$ 3,367,360
86,454
$ 744,942
19,126
3,133,734
80,455
$ 2,823,964
72,502
(f) New plant purchased 1955/56
Less: Preliminary expenses in connec- tion with the Shek Pik Scheme previously included under New Plant 1955/56
redeemable 25 years
178,450 $2,645,514
67,921
91,078
(g) New plant purchased 1956/57
redeemable 25 years
$ 3,547,478
91,078
132,956
(h) New plant purchased 1957/58
redeemable 25 years
$ 5,178,616
132,956
(i) New plant purchased 1958/59
redeemable 25 years
$ 8,129,662
208,721
(j) Tai Lam Chung Scheme
Expenditure up to 31.3.59
$109,380,874
$20,262,304
redeemable 50 years
Less Instalments for Shek Pik expenditure (pre- viously included under New Plant 1955/56) for the years 1955/56, 1956/57 & 1957/58...
6. PROFIT FOR THE YEAR 1958/59
834,981
3,464,696
13,743
3,450,953
615,844
$22,895,724 $20,262,304
$22,895,724
237