Fxhink 14
RTHKC FINANCIAL PROJECTIONS
1990 HK$ millions*
385
385
CONFIDENTIAL
132.4/
310
300
30
00
Commercial revenue
Government subvention
% change 1990/91
96/97
55
24% reduction in expenditure
267% increase in
revenue
36% reduction in required Government
subvention
1990/91
1991/92
ΚΟΥ
High capital
G
High capital expenditures
Determinants:
expenditures
Most staff changes occur
2
Transmittar EFP equipment
In December 1991
-
·
improved work
standards
• Changes in
organisational structure
1992/93
1996/97
New staff level in
-
Continued
effect for full year
improved
commercialisation
efforts
Reduced capital expenditures
improvement in
work standards
Increased
commercialisation
revenues
* Excludes redundancy payments and additional staff costs during transition management; assumes relaxed sponsordhip regulations
60 30HА
CONFIDENTIAL
+