BALANCE SHEET OF THE WATERWORKS
AS AT 31ST MARCH, 1961
I. CAPITAL
(1) Fresh Water Supply:
Revaluation of assets at 1.4.52
Add:
(i) Advances: Net accumulated Capital
Expenditure as at 1.4.60
(ii) Gross Capital Expenditure incurred in
1960-61
(a) New Plant
(b) Tai Lam Chung Scheme
(iii) Gross Capital Expenditure-Shek Pik
€
1959-60
ASSETS
(1) Fresh Water Supply:
Appendix G
Contd.
260
160,000,000
(a) Dams
160,000,000
(b) Plant
(i) Revaluation of assets at 1.4.52
120,000,000
40,000,000 160,000,000
140,162,909
(ii) New Plant :
as at 1.4.60
28,171,614
22,183,868 6,587,909
Additions during 1960-61
(iii) Tai Lam Chung Scheme:
28,171,614
22,183,868 50,355,482
as at 1.4.60
119,666,514
119,666,514
Additions during 1960-61
6,587,909
126,254,423
(iv) Shek Pik Scheme:
as at 1.4.60
27,291,975
Add: Adjustment of interest from 31% to 5% for the period of construction (from 1955-56 to 1959-60).
570,600
27,291,975
41,388,202
69,250,777
Scheme :
up to
$27,291,975
Expenditure 31.3.60 Add: Adjustment of in- terest from 31% to 5% for the period of construction (from 1955-56 to 1959-60)...
570,600 27,862,575
Expenditure for 1960-61 38,090,546
65,953,121
Add: Interest for 1960-61
@ 5% on Capital plus
interest to 31.3.61......
3,297,656
69,250,777
1,394.065
(iv) Gross Capital Expenditure
Cove and Hebe Haven Integrated
Plover
Scheme :
Expenditure
31.3.60
up to
$ 1,394,065
Add: Adjustment of in- terest from 31% to 5% for the period of con- struction (from 1958-59 to 1959-60).....
20,416
1,414,481
8,090,322
Additions during 1960-61
(v) Plover Cove & Hebe Haven Integrated
Scheme :
as at 1.4.60
Add: Adjustment of interest from 31% to 5% for the period of construction (from 1958-59 to 1959-60).................. Additions during 1960-61
(2) Salt Water Flushing Supply:
as at 1.4.60
Additions during 1960-61
(3) Sinking Fund Investments:
(i) Fresh Water Supply:
(a) At 31%:
Sinking Funds invest-
ments 31.3.60 .. $19,712,391
1,394,065
20,416 7,828,433
9,242,914
8,090,322
4,732,356 12,822,678