Estimates-1961 — Page 239

BALANCE SHEET OF THE WATERWORKS

AS AT 31ST MARCH, 1959

Appendix G

Contd.

238

1957/58

LIABILITIES

15,506,676 951,202

160,000,000

1. CAPITAL

Revaluation of assets at 1.4.52 Add:

(a) Advances: Net accumu- lated Capital Expendi- ture as at 1.4.58...

$104,123,393

(b) Adjustment of Tai Lam

82,395,805

13,948 104,137,341

5,178,616

Chung expenditure for

the year 1955/56.........

Add: Gross Capital Expenditure incurred in

1958/59

(a) New Plant

(b) Tai Lam Chung Scheme

$

1957/58 $

160,000,000

120,000,000 40,000,000

ASSETS

GA

*A

1. REVALUATION OF ASSETS AT 1.4.52

(a) Dams

(b) Plant......

2. NEW PLANT

.120,000,000

40,000,000 160,000,000

18,796,094

As at 1.4.58

Less: Expenditure on Shek Pik Scheme for

1955/56

Additions during 1958/59

18,796,094

178,450

18,617,644

8,129,662 26,747,306

8,129,662

16,775,068

3. TAI LAM CHUNG SCHEME

As at 1.4.58

92,591,858

(c) Shek Pik Scheme

7,732,322

136,774,393

92,591,858

Adjustment of expenditure for 1955/56.. Additions during 1958/59

13,948

16,775,068

109,380,874

91,094

Less: Repayment out of profit

615,844

(Deficit for

the year)

136,158,549 296,158,549

4. SHEK PIK SCHEME

As at 1.4.58

1,132,438

11,868,082

8,396,997

2. SINKING FUNDS

Sinking Funds 31.3.58.....

Less: (a) Adjustment in respect of Shek Pik Scheme for the years 1955/56, 1956/57

and 1957/58.....

..$ 13,743

(b) Adjustment of compound interest @ 31% on 1955/56 instalment in respect of the Shek Pik

Scheme for the years

1956/57 and 1957/58...

Interest 1958/59 at 31% Instalments 1958/59.....

3. REVENUE AND EXPENDITURE

As at 1.4.58

Add: Profit for the year 1958/59 ...

11,868,082

1,132,438

Adjustment of expenditure for 1955/56 Additions during 1958/59

178,450

7,732,322

9,043,210

487

14,230 11,853,852 414,885 3,450,953

15,719,690

8,396,997

615,844 9,012,841 11,868,082

5. SINKING FUNDS INVESTMENTS AT 31%

Less: (a) Adjustment in respect of

Shek Pik Scheme for the

years 1955/56, 1956/57 and 1957/58

(b) Adjustment of compound interest @ 31% on 1955/56 instalment in respect of the Shek Pik Scheme for the years 1956/57 and 1957/58...

Interest 1958/59 @ 31% Instalments 1958/59

.$ 13,743

Sinking Funds investments 31.3.58...

11,868,082

487

14,230 11,853,852

414,885

3,450,953

15,719,690

$284,388,472

$320,891,080 $284,388,472

$320,891,080