Estimates-1958 — Page 216

BALANCE SHEET OF THE WATERWORKS AS AT 31ST MARCH, 1956

Appendix F,

Contd.

LIABILITIES

Revaluation of assets at 1/4/52..

$

Advances: Net accumulated Capital

Expenditure as at 1/4/55

Add Gross Capital Expenditure incurred in

1955/56

(a) New plant

24,126,028

2,823,964

(b) Tai Lam Chung Water Supply Scheme.. 20,750,471

Add

10,129,774

3,133,734 12,245,463

1954/55

ASSETS

CA

的

1. REVALUATION OF ASSETS AT 1/4/52

160,000,000 120,000,000

40,000,000

(a) Dams.... (b) Plant

120,000,000

40,000,000 160,000,000

7,246,036

2. NEW PLANT

As at 1/4/55

Additions during 1955/56..

7,246,036

2,823,964 10,070,000

212

47,700,463

1,382,943

184,126,028

Less Repayment out of 1955/56 Profit

2,210,076 45,490,387

205,490,387

23,896,449

3. TAI LAM CHUNG WATER SCHEME

As at 1/4/55

Additions during 1955/56....

23,896,449 20,750,471

44,646,920

2. SINKING FUNDS

Sinking Fund 31/3/55

4,249,323

Interest 1955/56 at 31%

4,249,323

Instalments 1955/56

148,726 2,201,541

4. SINKING FUNDS INVESTMENTS AT 31%

Sinking Funds investments 31/3/55 Interest 1955/56 @ 31%

4,249,323

6,599,590 4,249,323

Instalments 1955/56

148,726 2,201,541

6,599,590

3. REVENUE AND EXPENDITURE

As at 1/4/55

7,016,457

7,016,457

Add Excess of Revenue over Expenditure

for the year 1955/56

2,210,076

9,226,533

$195,391,808

$221,316,510 $195,391,808

$221,316,510