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APPENDIX III-Contd.

THE HONG KONG HOUSING AUTHORITY

ACCOUNTS TO 31ST MARch, 1961

SCHEDULE I

1. HOUSING ESTATE AT COST

Land

As at 31st March, 1960... Addition during year

North Point Estate

Sai Wan Estate

So Uk Estate

Choi Hung Estate

Ma Tau Wai Estate

Total

$ 4,036,243.50 $

402,500.00 $ 6,068,500.00 $

S

$10,507,243.50

Balance at 31st March, 1961

$ 4,036,243.50 $

402,500.00 $ 6,068,500.00 $

$

$10,507,243.50

Site Formation

As at 31st March, 1960...

$

Additions during year

850,669.55 $ 1,741,419.37 $

15,699.11

177,576.73 $

$ 2,769,665.65 15,699.11

Amount transferred from Site Investigation Expenses

Amount transferred to Cost of Buildings

*

$

850,669.55 $ 1,757,118.48 $

Balance at 31st March, 1961

$

$

850,669.55 $ 1,757,118.48 $

177,576.73 $ 164,311.73

13,265.00 $

10,076.50

10,076.50 $ 2,795,441.26 164,311.73

10,076.50 $ 2,631,129.53

10,076.50

Buildings

$27,695,828.24 $ 7,584,074.70 $13,413,514.74 $

$

...

As at 31st March, 1960...

Additions during year

Amount transferred from Site Formation

Amount transferred from Site Investigation Expenses

Crown Rent refunded in respect of part of Property

used by Government...

Balance at 31st March, 1961

Total

$48,693,417.68 18,291,004.12 1,081,259.94 2,396,218.72 21,768,482.78

164,311.73

164,311.73 6,043.13

6,043.13

$27,695,828.24 $ 7,584,074.70 $31,704,518.86 $ 1,245,571.67 $ 2,402,261.85 $70,632,255.32

1,666.74

1,666.74

$27,694,161.50 $ 7,584,074.70 $31,704,518.86 $ 1,245,571.67 $ 2,402,261.85 $70,630,588.58

$31,730,405.00 $ 8,837,244.25 $39,530,137.34 $ 1,258,836.67 $ 2,412,338.35 $83,768,961.61

2. GRANTS RECEIVED FROM THE COLONIAL

DEVELOPMENT AND WELFARE FUND TOWARDS THE COST OF HOUSING ESTATES

As at 31st March, 1960...

Additions during year

...

***

Grant limited to

3. PROVISION FOR AMORTISATION OF CAPITAL

EXPENDITURE ON HOUSING ESTATES

4+

$

840,000.00 $ 1,281,884.18 34,274.33

$

840,000.00 $ 1,316,158.51

$

840,000.00 $ 1,422,000,00

$ 1,269,878.00 $

221,810.00 $ 66,190.00

$ 2,121,884.18 34,274.33

$ 2,156,158.51

$ 2,262,000.00

$ 1,557,878.00

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