Estimates-1962 — Page 258

1958/59

BALANCE SHEET OF THE WATERWORKS

AS AT 31ST MARCH, 1960

ASSETS

Appendix G

Contd.

(I) FRESH WATER SUPPLY:

1. Revaluation of Assets at 1.4.52

(a) Dams

(b) Plant

2. New Plant

As at 1.4.59

Less Capital expenditure on: (a) Plover Cove and Hebe Haven Scheme for the year 1958/59............ $ (b) Salt Water Flushing Supply for the year 1958/59

(c) Irrigation Works in the N.T. for the year 1958/59

13,460

2,324,565

120,000,000

40,000,000 160,000,000

26,747,306

1. CAPITAL

LIABILITIES

Revaluation of assets at 1.4.52

Add:

Advances: Net

accumu-

lated Capital Expendi- ture as at 1.4.59

Less Salt Water Flushing

Supplies for 1958/59 Less Irrigation Works in

the N.T. for 1958/59 Less Expenditure up to 31.3.59 in respect of Shek Pik Scheme now shown separately

Less Expenditure up to 31.3.59 in respect of Plover Cove and Hebe Haven Scheme

shown separately

1959/60

now

$136,158,549

2,324,565

1,703,855

9,043,210

A

1958/59

$

160,000,000

160,000,000

13,460 123,073,459

26,747,306

Gross Capital Expenditure incurred in

(a) New Plant

(b) Tai Lam Chung Scheme.....

Gross Capital Expenditure

Shek Pik Scheme:

Expenditure

31.3.59

up to

Expenditure for 1959/60 Add: Interest for 1959/ 60 @ 31% on Capital plus interest to 31.3.60 Add: Interest @ 31%

on Capital plus interest for the years 1955/56 to 1958/59.....

Gross Capital Expenditure Plover Cove and Hebe Haven Scheme:

$ 9,043,210 16,941,438

922,917

5,466,188 10,285,640

109,380,874

384,410

27,291,975

Expenditure

31.3.59

up to

13,460

1,703,855

4,041,880

Additions during 1959/60

22,705,426 5,466,188

28,171,614

3. Tai Lam Chung Scheme

As at 1.4.59

Additions during 1959/60

4. Shek Pik Scheme

109,380,874

10,285,640

119,666,514

As at 1.4.59

9,043,210

Additions during 1959/60

17,864,355

Add: Adjustment of interest @ 31%

9,043,210

on Capital plus interest for the years 1955/56 to 1958/59..

384,410

27,291,975

5. Plover Cove and Hebe Haven Scheme

As at 1.4.59

Additions during 1959/60

13,460 1,380,134

Add: Adjustment of interest @ 34% on

Capital for the year 1958/59.

6. Sinking Funds investments @ 31%

Sinking Funds investments 31.3.59 Add: Adjustment of sinking fund instal- ments deducted twice in 1958/59......

471

1,394,065

15,719,690

13,743

15,733,433

256