2.
The above formula would have the following effects:-
SOURCE OF FUNDS:
Shareholders' Cash Contributions:
Wheelock Marden & Co. Ltd.
$21.70 million
Hutchison International
$21.70
Hongkong Government
$27.50
20.50
H.K.S.B.C.
$11.00
Kwong Wan Ltd.
$ 5.50
Sir Elly Kadoorie Successors
$ 1.10
$88.50
#
82.00
12.00
Government Loan
12.00.
#
94.00
TOTAL
$100.50 million
UTILISATION OF FUNDS:
230
Contract Cost (25% of $240 million)
$60.00 million
5°7.50
Government Roadworks
6.00
Interest on Promissory Notes
13.00
Consulting Engineers
I) Already paid
$7.700 million
2) To be paid 25%
Į
of $12.3 million 3.075
H
10.80
Miscellaneous Expenditure
4.50
Contingency
6.20
2.20
TOTAL
$100.50 million
94