Estimates-1962 — Page 255

1,142,296

4. INTEREST @ 31% ON CAPITAL ADVANCE

Gross expenditure incurred during the year ended

31.3.60

($10,285,640)—Tai Lam Chung Scheme $359,997 ($ 5,466,188)-New Plant

191,317

Net accumulated expenditure from 1.4.52 to 31.3.59

($136,158,549)

Less: ($ 2,324,565)-Expenditure-Salt

Water Flushing Sup-

plies for the year 1958/

59 now shown sepa- rately

Less: ($ 1,703,855)-Expenditure---Irriga-

tion Works in the N.T. for the year 1958/59

Less: ($ 9,043,210)-Expenditure-Shek

Less: ($

Pik Scheme for the year 1955/56 to 1958/ 59

13,460) Expenditure-Plover

551,314

3,645,784

($123,073,459)

:

Cove & Hebe Haven Scheme for the year 1958/59

$4,307,571

81,360

59,635

year

381,228

471 3,784,877 4,336,191

Less Interest-Salt Water Flushing

Supplies for the year 1958/59.... Less: Interest-Irrigation Works in the N.T. for the year 1958/59 Less: Interest-On Capital advance

for Shek Pik Scheme for the 1955/56 to 1958/59

Less Interest-Plover Cove & Hebe

Haven Scheme for the year 1958/59

5. SINKING FUND INSTALMENTS ASSUMED

INVESTED @ 31%

(a) Dams revalued @ 1.4.52

redeemable 50 years

(b) Plant revalued @ 1.4.52

redeemable 25 years

(c) New plant purchased 1952/53

redeemable 25 years....

$120,000,000

$ 40,000,000

916,044

1,026,960

$ 3,367,360

86,454

744,942

19,126

(e) New plant purchased 1954/55

redeemable 25 years

$ 3,133,734

80,455

(f) New plant purchased 1955/56 redeemable 25

years

$ 2,645,514

67,921

(d) New plant purchased 1953/54

redeemable 25 years

253

Page 255Page 256

1958/59