Estimates-1959 — Page 221

BALANCE SHEET OF THE WATERWORKS

AS AT 31ST MARCH, 1957

$

Add

Advances : Net accumulated Capital

24,126,028

Expenditure as at 1.4.56

2,823,964 20,750,471

1956/57

(a) New plant

Add Gross Capital Expenditure incurred in

45,490,387

3,728,714

(b) Tai Lam Chung Water Supply Scheme.. 32,438,262

2,210,076

Add Deficit for the year 1956/57.....

(Repayment out of profit

for the year.)

2. SINKING FUNDS

1955/56

ASSETS

1. REVALUATION OF ASSETS AT 1.4.52

160,000,000

120,000,000 40,000,000

(a) Dams (b) Plant..

10,070,000

81,657,363

738,442

82,395,805

44,646,920

Sinking Funds 31.3.56......

6,599,590

6,599,590

Interest 1956/57 at 31% Instalments 1956/57....

230,986 2,297,272

9,127,848

6,599,590

3. REVENUE AND EXPENDITURE

As at 1.4.56

9,226,533

9,226,533

Less Deficit for the year 1956/57.

738,442

8,488,091

$221,316,510

$260,011,744 | $221,316,510

2. NEW PLANT

Appendix F,-

Contd.

***

.120,000,000 40,000,000

160,000,000

As at 1.4.56

Additions during 1956/57

3. TAI LAM CHUNG WATER SCHEME

10,070,000

3,728,714 13,798,714

As at 1.4.56

Additions during 1956/57

4. SINKING FUNDS INVESTMENTS AT 31%

Sinking Funds investments 31.3.56 ................................ Interest 1956/57 @ 31%

Instalments 1956/57

44,646,920 32,438,262

77,085,182

6,599,590

230,986

2,297,272

9,127,848

$260,011,744

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