101

Figures showing revenue derived from Waterworks undertakings.

(a) and (b). Total Revenue from Rates @ 2% Meter Rental and Fire Service Retention Fees, and Excess Consumption.

1932.

1933.

Rates at 2%

Meter Rental including Fire Service.

Excess Consumption

$ 729,743.67 141,045.09 1,177,394.01

$755,883.58

207,167.88 1,521,739.50

Total

$2,048,182.77

$2,484,790.96

Deduct 20% for Military Contribu-

tion

409,636.55

496,958.19

$1,638,546.22

$1,987,832.77

(c). Maintenance Expenditure on Waterworks during the same period.

1. P.W.R. including 10% for Office rent, incidentals, stationery, Ty- phoon damage, etc.

2. Salaries, including 25% for leave, passages, housing overtime, tran- sport, Treasury staff, etc.

$ 445,042.44

$ 380.075.29

263,946.80

237,658.59

3. Depreciation 1%

on capital

outlay of $10,000,000 prior to

borrowing

150,000.00

150,000.00

4. P.W.E. Extensions and improve-

ments

302,574.87

439,341.79

5. New Meters

321,945.29

257.704.17

Total

$1,483,479.40

$1,464,779.87

$ 155,066.82

$ 523,052.93

Apparent excess of revenue over

expenditure

(d). Loan Expenditure.

1. Loan Requirements for Waterworks undertakings up to 1937, as shown in Appendix VI on page 117 of the Draft Estimates

2. Actual Expenditure

up to 31.12.1931.

$5,825,775.74

$17,124,436.52

Estimated for 1934-1937.

1932.

1933.

cd. fd

$ 761,359.99 5,825,775.74

$1,913,254.54

$8,624,046.25

8,500,390.27

(expended)

6,587,135.73

6,587,135.73

8,500,390.27

17,124.436.52

3. Loan Charges on above.

Interest @3p.a.

230,549.75

297,513.66

Sinking Fund @ 4%

p.a.

263,485.43

340,015.61

4. Total Loan Charges

494,035.18

637,529.27

Deduct apparent ex-

cess of revenue

155,066.82

523,052.93

5. Net Loss for the years

under review

338,968.36

114,476.34

Page 105Page 106

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