1961-1962 — Page 49

31

APPENDIX III-Contd.

THE HONG KONG HOUSING AUTHORITY

ESTATES WORKING ACCOUNT FOR THE YEAR ENDED 31st March, 1962

1961

Rent Receivable

$5,227,195

Shops and Godowns

399,225

(less rebates)

$5,626,420

910,874

$4,715,546

Less-Rates

6,778 Assembly Halls

1,974 School Playground

3,626 Other Rents

4,950.00

1,974.00

940.00

4,127.00

3,278.00

North Point Estate

Sai Wan Estate

So Uk Estate

Ma Tau Wai Estate

Total

1961

Flats (including Rates) $3,290,353.77 $857,256.00 $3,825,713.00

321,459.00 25,440.00 161,800.00

$3,611,812.77 $882,696.00 $3,987,513.00

623,313.52 139,864.12 714,519.00

$2,988,499.25 $742,831.88 $3,272,994.00

624.00

$26,569.35 $7,999,892.12

$ 396,583

324.999

508,699.00

$26,569.35 $8,508,591.12

1,374

Telephones

83,365

Estate Working Expenses

Provision for Mainten-

ance and Repairs Salaries, including

Surcharge

Cleaning

293,100.00 $91,650.00 $ 357,021.98 $

38,180

Crown Rent

138,180

Electricity

1,477,696.64

117,161

15,794

580.00

$26,569.35 $7,030,894.48

6,154.00

1,974.00

Finance Charges

1,747,603

8,345.00

581,039

149,868

Share of Administration

Expenses

Insurance

Sundry Expenses

Interest on Govern-

ment Loan ...

Provision for Amorti-

sation of Capital Expenditure

Depreciation-Furniture

11,033.77 2,055.35

1,068,555.00 272,236.00 1,751,737.00

North Point Estate

Sai Wan Estate

So Uk Estate

Ma Tau Wai Estate

Total

$ 741,771.98

111,463.37 299.99

34,040.50 245.01

255,353.77

1,097.55

44,033.15 232.50

1,875.05

51,316.01

11,574.00

57,597.00

787.00

121,274.01

26,632.97

7,392.00

15,926.40

49,951.37

86,899.39

32,285.10

155,656.80

985.98

275,827.27

61,155.96 17,027.50

67,010.74

143.77

145,337.97

8,474.33 1,940.86

23,504,31

444,890.79

3,092,528.00

420,552.00 112,317,00 299,938.00

832,807.00

4,212 24,122

and Fixtures

$4,727,924

$2,996,363.25 $747,582.88 $3,276,852.00 $26,569.35 $7,047,367.48

1,105,444

$4,727,924

Provision for Bad Debts... Balance, transferred to

General Working Account

49,062.55 18,446.45

2,198.41 4,758.11

499.44

85,953.34

1,830.12

153,462.34

328.01

4,855.98 4,758.11

809,335.72 147,814.53 219,254.97 (21,881.92) 1,154,523.30

$2,996,363.25 $747,582.88 $3,276,852.00 $26,569.35 $7,047,367.48

$117,875

104

5,500

Unallocated Administration Expenses written off..... Rates in respect of previous year Audit Fee for 1959/60 underprovided

...

GENERAL WORKING ACCOUNT FOR THE YEAR ENDED 31st March, 1962

Finance Charges So Uk Estate underprovided in previous year 987,541 Balance, transferred to General Revenue Reserve

$1,111,020

$ 100,424.04

$1,105,444 Surplus transferred from Estates Working Account

$1,154,523.30

3,700

Excess Provision for Bad Debts written back

1,847

11,079.00 1,045,217.21

$1,156,720.25

29

Refund of Crown Rent on North Point Estate- -in respect of previous years Refund of Excess Rates assessed on North Point Estate.....

Refund of 1960/61 Insurance Premia due to adjustments of cost of buildings insured

$1,111,020

2,196.95

$1,156,720.25