CONFIDENTIAL.

RTHKC FINANCIAL PRO ECTIONS: TOTAL EXPENDITURE March 179,-K$ millions'

410"

13

402

18

INDICATIVE

Commercial rever»

Government subvanıcı

397

315

303

32

55

248

26% reduction in

expenditure

323% increase in

revenue

38% reduction in required Government

subvention

Kiy Dlermaris

1990/91

- High capital

expenditures

Transmilters

*

EFP equipment

1991/92

– High capital expenditures

- Most stall changes occur

in December 1991

Improved work

slandards

Changes in

organizational

structure

1992/93

New staff level ir effect for full yea Improved

commercial ellor's

Reduced capital expenditures

*Exludes edinca cy payments and asumes rolaxed sponsorship regulations

1996/97

Continued

improvement in

work standards Increased commercial

revenues

CONFIDENTIAL

E-?!

35%

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