39

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.

Rates at 2%

Meter Rental including Fire Service.

Excess Consumption

Total

Deduct 20% for Military Contribu-

tion

1932.

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

$2,048,182.77

1933.

$ 755,883.58 207,167.88 1,521,739.50

$2,484,790.96

409,636.55

$1,638,546.22

496,958.19

$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.

3. Depreciation 11% on capital

outlay of $10,000,000 prior to borrowing

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

ments

5. New Meters

Total

Apparent excess of revenue over

expenditure

$445,042.44

$ 380,075.29

263,946.80

237,658.59

150,000.00

150,000.00

302,574.87

439,341.79

321,945.29

257,704.17

$1,483,479.40

$1,464,779.84

$ 155,066.82

$ 523,052.93

(d). Loan Expenditure.

1932.

cd. fd

$ 761,359.99 5,825,775.74

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.

1933.

$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 @3 p.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

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