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APPENDIX V—Contd.

THE HONG KONG HOUSING AUTHORITY

ACCOUNTS TO 31ST MARCH, 1960

SCHEDULE I

1. HOUSING ESTATES AT Cost

LAND

As at 31st March, 1959 Additions during year

North Point Estate

Sai Wan Estate

So Uk Estate

Chọi Hung Estate

Total

$4,036,243.50

$ 402,500.00

$ 6,068,500.00 $

$10,507,243.50

Balance at 31st March, 1960

$ 4,036,243.50

$ 402,500.00

$ 6,068,500.00 $

$10,507,243.50

SITE FORMATION

BUILDING

As at 31st March, 1959 Additions during year

Balance at 31st March, 1960

As at 31st March, 1959 Additions during year, including Interest and Share of Administration Expenses Amounts refunded by Government for Primary School, Clinic and Post Office and by Hong Kong Electric Co., Ltd. for Substation

$ 850,669.55

$ 1,719,937.89 $

$2,570,607.44

21,481.48 177,576.73 199,058.21

$ 850,669.55

$1,741,419.37 $177,576.73 $ 2,769,665.65

$28,735,884.01

$7,323,772.76

$1,623,380.43 $

$37,683,037.20

260,301.94

11,790,134.31

12,050,436.25

...

Total

(1,040.055.77)

$27,695,828.24

$7,584,074.70

$13,413,514.74 $

(1,040,055.77)

$48,693,417.68

$31,732,071.74

$8,837,244.25

$21,223,434.11 $177,576.73 $61,970,326.83

North Point Estate

Sai Wan Estate

So Uk Estate

Choi Hung Estate

Total

2. GRANTS RECEIVED FROM THE COLONIAL DE- VELOPMENT AND WELFARE FUND TOWARDS THE COST OF HOUSING ESTATES

As at 31st March, 1959

Additions during year

Grant limited to

3. PROVISION FOR AMORTIZATION

:

$ 866,086.00

16,111.11 $ 1,281,884.18

$1,281,884.18 $

$ 2,105,773.07 16,111.11

$ 2,121,884.18

$ 840,000.00

$1,265,773.07

$ 840,000.00

$ 840,000.00

840,000.00

113,569.00

$ 1,422,000.00

$

$ 979,655.00

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