Expenditure for 1959/60 Add: Interest for 1959/60 @31% on Capital plus interest to 31.3.60 Add: Interest @ 31% on
Capital for 1958/59
1,332,992
47,142
471
1,394,065 167,511,327
1,909,283 169,420,610
329,420,610
Add: Deficit for the year
296,158,549
2. SINKING FUNDS
$15,719,690
Less (a) Adjustment in re- spect of Plover Cove and Hebe Haven Scheme for the year 1958/59......... $ (b) Adjustment in re- spect of Salt Water Flushing Supplies for the year 1958/59 (c) Adjustment in re- spect of Irrigation Works in the N.T. for the year 1958/59
346
59,681
Sinking Funds 31.3.59........ Add: Adjustment of sinking fund instalments deducted twice in 1958/59 Less (a) Adjustment in re- spect of Plover Cove
and Hebe Haven
Scheme for the year 1958/59
(b) Adjustment in re- spect of Salt Water Flushing Supplies for the year 1958/59 (c) Adjustment in re- spect of Irrigation Works in the N.T. for the year 1958/59
13,743
15,733,433
346
15,719,690
43,744
103,771
Interest 1959/60 @ 31%
15,629,662
547,038
Instalments 1959/60
$3,579,781
Less Instalments on items
(a) & (c) for the year 1958/59
44,090
3,535,691
19,712,391
59,681
43,744
103,771
15,629,662
(1) As at 1.4.59
(II) SALT WATER FLUSHING SUPPLY:
Additions during 1959/60
2,324,565
5,765,757
8,090,322
(2) Sinking Fund investments 31.3.59
59,681
Interest 1959/60 @ 31%
2,089
Instalments 1959/60
207,711
269,481
Interest 1959/60 at 31%
547,038
Instalments 1959/60......
Less Instalments on items (a)
:
$ 3,579,781
15,719,690
& (c) for the year 1958/59.
44,090
3,535,691
19,712,391
3. SALT WATER FLUSHING SUPPLIES
(a) Advances: Accumulated Capital expen-
diture as at 1.4.59
2,324,565
Add: Capital Expenditure incurred in
1959/60
5,765,757
8,090,322
(b) Sinking Fund 31.3.59
Interest 1959/60 at 31%
59,681 2,089
Instalments 1959/60
207,711
269,481
4. REVENUE AND EXPENDITURE
As at 1.4.59
9,012,841
9,012,841
Less: Deficit for the year 1959/60.......
1,909,283
7,103,558
$320,891,080
$364,596,362 | $320,891,080
$364,596,362
257