Estimates-1952 — Page 173

WATERWORKS RENEWALS AND IMPROVEMENT FUND

A. Capital expenditure from Revenue up to 31st March, 1948.

(i) Charged to Revenue up to 31.12.38 1939 credit for sale of surplus plant

111

.$15,644,464 30,977

$15,613,487

(ii) Charged to Revenue in Anticipation of a loan

Actual expenditure up to 31.12.39 Estimated expenditure 1940/41

.$ 2,266,913 1,714,494

3,981,407

19,594,894

(iii) Expenditure from Public Works Non-Recurrent works of

capital nature—

1948/49 1949/50

6,650

1,148,981

1,155,631

$20,750,525

2% of $20,750,525 being contributions to Renewals and

Improvement Fund in 1950/51

B. Renewals and Improvement Fund Account.

$ 415,010

NOTE: The credit balance of $1,100,093 brought down from 1940/41 has been written off as lost through

enemy action.

To actual expenditure charged

1948/49 1949/50

$ 39,143 20,644

Actual contributions by transfer from Public Works Recurrent sub-head entitled Contribu- tions to Renewals and Im- provement Fund.

1946/47

$ 391,898

To balance carried down

$1,507,938

1947/48

1948/49

1949/50

391,898

391,898

392,031

$1,567,725

$1,567,725

Estimated expenditure in

1950/51

Balance brought down from

$ 305,000

Net depreciation on revaluation

of stocks held at 31.3.50 ..... Estimated balance on 31.3.51

28.072 1,630,534

1.4.50 Dividend 30.9.50 Contributions due for 1950/51

$1,507,938

on investments

to

40,658

415,010

$1,963,606

$1,963,606

NOTE: The securities in the hands of Crown Agents: $1,000,000 plus dividend $40,657.33 less depreciation

$28,072.46 $1,012,584.87.

C. Schedules of estimated expenditure for 1951/52.

Item

Estimate

Estimated Expenditure 1951/52

$

1. Tytam Tuk Pumping Station conversion.

2. Grouting leakage at Wong Nei Chong

Reservoir

650,000

$ 600,000

30,000

30,000

3. Conversion of Slow Sand Filters at

Kowloon to Rapid Gravity Filters ......

800,000

400,000

4. Renewals and Improvements to existing

mains

400,000

400,000

5. Replacement of Water Meters

50,000

50,000

$1,930,000

$1,480,000