OUTFLOW
Daring Construction Period
FIDENTIAL
Tsuen Wan West Extensions
Projected Cash Flow (without $500M equity)
Total
1977
1978
1979
1980
1981
1982
1983
1994
1985
Construction Costs (1975 prices)
2,900
23
92
492
833
920
540
Crown Land Premia
170
170
Escalation
Finance costs
Interest
Daring Cheration
Capital and replacement costs
Operating costa
1,185
5
126.
315
439
300
121
2
16
31
40
32
819
+
7
128
.257
385
Finance costs
Interest
Profits Tax
Total Cutflow
† INFLOW
Fare income, including advertising revenue
CASH FLOW
Total Inflow
Repayment of loans
TRANCE REQUIRED
ĮPAFLUS FOR THE YEAR
UMULATIVE SURPLUS
や
HK$M
Annex D