31
APPENDIX III-Contd.
THE HONG KONG HOUSING AUTHORITY
ESTATES WORKING ACCOUNT FOR THE YEAR ENDED 31st March, 1962
1961
Rent Receivable
$5,227,195
Shops and Godowns
399,225
(less rebates)
$5,626,420
910,874
$4,715,546
Less-Rates
6,778 Assembly Halls
1,974 School Playground
3,626 Other Rents
4,950.00
1,974.00
940.00
4,127.00
3,278.00
North Point Estate
Sai Wan Estate
So Uk Estate
Ma Tau Wai Estate
Total
1961
Flats (including Rates) $3,290,353.77 $857,256.00 $3,825,713.00
321,459.00 25,440.00 161,800.00
$3,611,812.77 $882,696.00 $3,987,513.00
623,313.52 139,864.12 714,519.00
$2,988,499.25 $742,831.88 $3,272,994.00
624.00
$26,569.35 $7,999,892.12
$ 396,583
324.999
508,699.00
$26,569.35 $8,508,591.12
1,374
Telephones
83,365
Estate Working Expenses
Provision for Mainten-
ance and Repairs Salaries, including
Surcharge
Cleaning
293,100.00 $91,650.00 $ 357,021.98 $
38,180
Crown Rent
138,180
Electricity
1,477,696.64
117,161
15,794
580.00
$26,569.35 $7,030,894.48
6,154.00
1,974.00
Finance Charges
1,747,603
8,345.00
581,039
149,868
Share of Administration
Expenses
Insurance
Sundry Expenses
Interest on Govern-
ment Loan ...
Provision for Amorti-
sation of Capital Expenditure
Depreciation-Furniture
11,033.77 2,055.35
1,068,555.00 272,236.00 1,751,737.00
North Point Estate
Sai Wan Estate
So Uk Estate
Ma Tau Wai Estate
Total
$ 741,771.98
111,463.37 299.99
34,040.50 245.01
255,353.77
1,097.55
44,033.15 232.50
1,875.05
51,316.01
11,574.00
57,597.00
787.00
121,274.01
26,632.97
7,392.00
15,926.40
49,951.37
86,899.39
32,285.10
155,656.80
985.98
275,827.27
61,155.96 17,027.50
67,010.74
143.77
145,337.97
8,474.33 1,940.86
23,504,31
444,890.79
3,092,528.00
420,552.00 112,317,00 299,938.00
832,807.00
4,212 24,122
and Fixtures
$4,727,924
$2,996,363.25 $747,582.88 $3,276,852.00 $26,569.35 $7,047,367.48
1,105,444
$4,727,924
Provision for Bad Debts... Balance, transferred to
General Working Account
49,062.55 18,446.45
2,198.41 4,758.11
499.44
85,953.34
1,830.12
153,462.34
328.01
4,855.98 4,758.11
809,335.72 147,814.53 219,254.97 (21,881.92) 1,154,523.30
$2,996,363.25 $747,582.88 $3,276,852.00 $26,569.35 $7,047,367.48
$117,875
104
5,500
Unallocated Administration Expenses written off..... Rates in respect of previous year Audit Fee for 1959/60 underprovided
...
GENERAL WORKING ACCOUNT FOR THE YEAR ENDED 31st March, 1962
Finance Charges So Uk Estate underprovided in previous year 987,541 Balance, transferred to General Revenue Reserve
$1,111,020
$ 100,424.04
$1,105,444 Surplus transferred from Estates Working Account
$1,154,523.30
3,700
Excess Provision for Bad Debts written back
1,847
11,079.00 1,045,217.21
$1,156,720.25
29
Refund of Crown Rent on North Point Estate- -in respect of previous years Refund of Excess Rates assessed on North Point Estate.....
Refund of 1960/61 Insurance Premia due to adjustments of cost of buildings insured
$1,111,020
2,196.95
$1,156,720.25