F
47
APPENDIX V-Contd.
THE HONG KONG HOUSING AUTHORITY
ESTATES WORKING ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 1960
1959
North Point Estate
Sai Wan Estate
Total
1959
Estate Working Expenses—
Provision for Main-
$247,327 198,889
tenance and Repairs
$ 240,000.00 $ 88,500.00 $ 328,500.00
Rent Receivable—
Flats (including rates) Less: Rates for flats
North Point Estate
$3,291,240.00 $857,654.00
Sai Wan Estate
Total
Salaries and Wages
153,847,22 45,746.86 199,594.08
624,438.56 138,334.70
$4,148,894.00 762,773.26
85,978
Insurance
83,612.10
23,090.50
106,702.60
95,576
Electricity
78,919.23
28,726.69
107,645.92
$2,678,291 138,970 330
$2,666,801.44 $719,319.30 $3,386,120.74
Shops and Godowns...
256,706.00 9,733.33 266,439.33
Cleaning
51,740.82
10,730.00
62,470.82
Assembly Hall
28,127
Crown Rent
W
27,453.96
7,392.00
34,845.96
School Playground
2,890.00 1,974.00
2,890.00
1,974.00
Other Rents
250.00
115.00
10,229
Sundry Expenses
9,087.14
365.00
1,484.79
10,571.93
Finance Charges—
6,400
Shop Tender Deposits
Forfeited
Interest on Govern-
1,583,536
50,696
ment Loan and Provision for Amor-
tization of Capital Expenditure
Share of Administration
Expenses
1,489,100.00
384,551,00 1,873,651.00
79,314.85 26,438.28
105,753.13
Depreciation-
2,848
Furniture and Fixtures Provision for Voids and
Bad Debts
2,473.30
508.68
2,981.98
35,530.60
8,675.02
44,205.62
Balance, transferred to
520,685
General Working Account
677,542.22 103.323.81
780,866.03
$2,823,991
$2,823,991
$2,928,621.44 $729,167.63 $3,657,789.07
GENERAL WORKING ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 1960
Unallocated Administration Expenses Written off—
In respect of previous years In respect of current year
$ 520,685
$357,898.78
307,163.21 $ 665,061.99
218,480.58
$ 883,542.57
$ 520,685
520,685 Balance, transferred to General Revenue Reserve
520,685
$2,928,621.44 $729,167.63 $3,657,789.07
Surplus transferred from Estates Working Account Refund of Excess Rates assessed on Sai Wan Estate Finance Charges overprovided in previous years
...
780,866.03 7,635.70 95,040.84
$ 883,542.57