Estimates-1958 — Page 215

2,332

Subsistence allowances

24,323

!

52,645

Travelling expenses

67,195

5,118

Uniforms

2,680

10,579

Workshop equipment & tools.

36,451

6,163

Flow recorders...

8,401

46,057

Drilling equipment..

15,159

Pumps

50,023

3,081

Sluice valves

19,398

7,163

Surveying units

1,946

1,914

Maintenance of office machinery & equipment

5,084

Printing, stationery & office furniture

50,000

(estimated)

50,000

30,000

Administration, accounting etc. (estimated)... Adding machine

30,000

2,610.

400,075

4. INTEREST @ 34% ON CAPITAL ADVANCE

Gross expenditure incurred during year ended

31/3/56

($20,750,471)—TaiLam Chung

Water Scheme....

($2,823,964)--New Plant

726,266

538,272

98,839 825,105

Net accumulated expenditure from 1/4/52

354,542

844,411

1,669,516

to 31/3/55 ($24,126,028)

5. SINKING FUND INSTALMENTS ASSUMED

INVESTED @ 31%

916,044

1,026,960

86,454

(a) Dam revalued at 1/4/52-$120,000,000

redeemable 50 years (b) Plant revalued at 1/4/52-$40,000,000

redeemable 25 years (c) New plant purchased 1952/53—$3,367,360

redeemable 25 years

916,044

1,026,960

86,454

19,126

80,455

(d) New plant purchased 1953/54-$744,942

redeemable 25 years (e) New plant purchased 1954/55—$3,133,734

redeemable 25 years (f) New plant purchased 1955/56—$2,823,964

19,126

80,455

redeemable 25 years

72,502

2,201,541

1,382,943

$ 12,424,363

6. EXCESS OF REVENUE OVER EXPENDI-

TURE FOR THE YEAR

2,210,076

$ 15,200,393

$ 12,424,363

$ 15,200,393

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1954/55

1. CAPITAL

160,000,000