Annex B
PEAK TRAMWAYS COMPANY LIMITED
TRAMWAYS OPERATIONS
ESTIMATED PROFIT AND LOSS ACCOUNT FOR THE YEARS 1980, 1981 & 1982
REVENUE
Traffic Receipts
EXPENSES
1980
1981
1982
3,283,000 $3,529,000 $3,
$3,599,000
Audit Fee
$
8,250
$ 8,910 $ 9,623
Depreciation
137,000
147,960
159,800
Directors' Fees
12,500
12,500
12,500
Insurance
36,300
39,204
42,340
Legal and Professional Fees
5,500
5,940
6,415
Maintenance and Repairs
127,392
137,583
148,590
Permit Fee
293,300
317,900
324,900
Power, Light and Gas
89,055
102,413
117,775
Printing and Stationery
10,080
10,886
11,756
Provident and Retirement Fund
57,936
62,571
67,577
Rates and Crown Rent
57,960
62,597
67,605
Rent Charged
200,000
216,000
233,280
Salaries, Wages & Allowances
1,518,480
1,746,252
2,008,190
Secretarial and Accounting Fees
60,000
64,800
69,984
Staff Leave Passages
24,480
26,438
28,553
Sundry Expenses
36,000
38,880
41,990
$2,674,233 $3,000,834 $3,350,878
PROFIT BEFORE TAXATION
$608,767 $528,166 $248,122
KYC 9th December 1979.