Income
FIVE YEAR FORECAST
ESTATE WORKING ACCOUNT DOMESTIC PROPERTIES
<<
1986/87
1987/88
Annex C
($ Million)
1988/89
1989/90
1990/91
447.5
274.3
106.5
375.4
93.8
129.5
10.6
23.9
18.5
21.3
Rental Income
Other Income
2,242.8 12.9
2,632.3
13.9
3,054.9 14.9
3.562.9
4,040.1
16.1
17.2
Government Grant
9.9
10.5
11.0
11.5
12.0
2,265.6
2,656.7
3,090.8
3,590.5
4,069.3
Estate Working Expenses
Rates
Maintenance
Improvements
Personal Emoluments
Cleaning
Water
Electricity
Security
Stores
Other Expenses
549.9
586.7
618.6
649.9
393.7
480.1
514.0
588.6
92.1
98.7
88.5
99.5
420.5
471.0
522.9
581.0
102.3
111.7
120.9
130.8
145.4
164.0
183.3
203.8
11.3
11.9
12.3
12.9
26.7
29.8
33.1
36.7
20.4
22.7
24.9
27.3
23.0
24.8
26.5
28.3
Share of Administration Expenses
249.2
267.8
287.6
305.6
325.5
Sub-total
1,750.5
2,053.1
2,289.0
2,450.6
2,684.3
Finance Payments
Repayment of DLF Principal
204.0
233.7
263.3
292.9
326.7
Total Payments
1,954.5
2,286.8
2,552.3
2,743.5
3,011.0
Cash Surplus/(Deficit)
311.1
369.9
528.5
847.0
1,058.3
Finance Charges
DLF Interest
397.4
452.0
488.5
534.9
566.0
Depreciation (net of principal repayment)
127.5
153.3
186.6
219.8
249.0
Account Surplus/(Deficit)
(213.8)
(235.4)
(146.6)
92.3
243.3
Notes:
Grants from Government are in respect of deficits in Cottage Areas. (2) Interest on projects under construction is treated as capital
expenditure and is not charged to the above account.