40
APPENDIX III—Contd.
THE HONG KONG HOUSING AUTHORITY
ESTATES WORKING ACCOUNT FOR THE YEAR Ended 31ST MARCH, 1961
North Point Estate
Sai Wan Estate
So Uk Estate
Total
$3,289,792.73 $857,175.40 $1,080,226.46 $5,227,194.59
61,912.50 399,225.00
309,812.00 27,500.50
$3,599,604.73 $884,675.90 $1,142,138.96 $5,626,419.59
910,873.99
611,881.87 139,864.12 159,128.00
$2,987,722.86 $741,811.78 $ 983,010.96 $4,715,545.60
1960
199,594
62,471
34,846
Crown Rent
107,646
Electricity
106,702
10,572
101,730.85 327.48 51,414.52
$ 328,500
Estate Working Expenses
Provision for Mainten-
auce and Repairs Salaries, including
Surcharge
Telephones
Cleaning
$ 240,000.00 $ 88,500.00 $ 68,083.35 $ 396,583.35
North Point Estate
Sai Wan Estate
So Uk Estate
Totul
1960
Rent Receivable
32,858.80 174.98 12,400.00
190,409.49 871.50 19,551.00
27,248.79
7,392.00
3,539.20
324,999.14 1,373.96 83,365.52 38,179.99
76,745.40 28,819.37
32,615.36
138,180.13
1,873,651
105,753
Insurance
Sundry Expenses
Finance Charges
Interest on Govern.
ment Loan .......
Provision for Amorti-
sation of Capital Expenditure
Share of Administration
Expenses
Depreciation
75,636.45 21,285.43
20,238.88
117,160.76
11,107.96
2,037.30
2,648.81
15,794.07
$4,148,894
266,439
$4,415,333
762,773
$3,652,560
Flats (including Rates)
Shops and Godowus ...
: Less Rates
1,082,776.00 276,035.00 388,792.00
1,747,603.00
2,890 Assembly Hall
1,974 School Playground
365 Other Rents
:
:
406,331.00 108,518.00
67,742.39 28,350.83
2,982 44,206
780,866
$3,657,789
Furniture and Fixtures Provision for Bad Debts....... Balance, transferred to
General Working Account
2,174.64 17,978.86
499.44 4,420.49
66,190.00 581,039.00
53,774.55 149,867.77
1,538.15 1,722.31
4,212.23 24,121.66
835,491.37 133,966.14 135,986.36 1,105,443.87
$2,996,705.71 $745,257.78 $985,960.96 $4,727,924.45
$ 665,062 Unallocated Administration Expenses written off
Rates in respect of previous year
Audit Fee for 1959-60 underprovided
218,481 Balance, transferred to General Revenue Reserve
$ 883,543
6,332.50
1,974.00
676.35
446.00
6,778.50
2,950.00
1,974.00
3,626.35
$3,657,789
$2,996,705.71 $745,257.78 $985,960.96 $4,727,924.45
GENERAL WORKING ACCOUNT FOR THE YEAR 31ST MARCH, 1961
$ 117,874.54 | $ 780,866
104.58 5,500.00
Surplus transferred from Estates Working Account Excess Provision for Bad Debts written back
$1,105,443.87
987,540.51
7,636
95,041
Refund of Crown Rent on Nor h Point Estate-in respect of previous years Refund of Excess Rates assessed on North Point Estate Refund of Excess Rates assessed on Sai Wan Estate Finance Charges overprovided in previous years
3,699.47 1,847.25
29.04
+40
...
$1,111,019.63
$ 883,543
$1,111,019.63