7

F.—B.

IV.—Statement showing the Expenses of the Cable in the Year ended 31st March, 1907.

V.—Statement showing (a) the Securities purchased and sold, and (b) the Sums received and expended on account of the Provident Fund in the Year ended 31st March, 1907.

Details of Receipts. Parliamentary Grant. Revenue. Details of Expenditure. Annuity for the Replacement of Capital. Workingexpeases. Balance on 31 at March, 1906 Received from H.M. Treasury out of the parliamentary grant-in-aid Praffic receipts (less £3,401 13a. 2d. paid out to the Canadian Pacific Railway and the Atlantic Companies for the insertion of date and time end for duplicate copies of messages) Interest on money placed S on deposit £ s. d. 25,481 3 5 t 74,006 12 5 Fourth annuity payment.. Head office (salaries and expenses) Head office (advertising and canvassing, engineers' fees, royalties, and cost of remitting money Home) Cable-stations (salaries and expenses) Cable - ship (salaries and expenses) Provident Fund—contribution to (Statement V) Transferred to Cable Repair —Reserve and General Renewal Fund (Statement VI) £ 8, d. 77,544 18 0 5,172 0 3 113,000 0 ] 2,024 19 11 34,380 18 1 14,891 8 4 516 7 1 1,425 14 9 33,000 0 0 90,895 1 4 77,544 18 0 113,51(i 7 2 J 99,487 15 10 Balance on 31st March, 1907 168,439 19 4 44,564 3 8 213,004 3 0 213,004 3 0

Securities purchased. (For Details see below.) Cash Receipts. Securities sold. (For Details see below.) Cash Payment!?. balance on 31st March, 1906 LYansferred from the account of annual expenses (Statement IV) Contributions of employees.. Interest on securities Securities purchased (as per contra) £ s. d. £ s. d. 8,300 0 0 1,237 19 4 i .1,425 14 9 Invested in securities, viz. ; — £800 Metropolitan Water Board, 3 - per - cent. B. Stock at 96 ij £600 London County Council 3-per-cent. Consolidated Stock at 892 £1,000 New South Wales 3-per-cent. Stock at 87J Payment to employees on cessation of services Auditor's fee £ s. d. 774 0 0 1,425 14 9 284 0 11 2,400 0 0 537 1 0 881 6 0 417 5 5 10 0 0 I Balance on 31st March, 1907 ; 10,700 0 0 2,619 12 5 1,753 17 4 ' 10,700 0 0| 4,373 9 9 i 10,700 0 0 4,373 9 9 Details of Securities. Balance on :)lst. March, 1906. Securities purchased during Period of Account. Total. Securities sold during Period of Account. Balance on 31st March, 1907. Value at Market Price on 31st March, 1907. i I London County Council 3-per-cent. stock London, Brighton, and South Coast Railway 4-per-cent. debenture stock Metropolitan Water Hoard 3-per-cent. B. stock Canadian Northern Railway 3-per-oent. debenture stock (guaranteed by Canadian Government) New South Wales 3-per-cent. Stock £ b. d. 4,100 0 (» £ a. d. 600 0 0 £ s. d. 4,700 0 0 £ s. d. 4,700 0 0 £ s. (1. 87 4,089 0 (I 1,800 0 0 1,800 0 0 1,800 0 0 115 2,070 0 0 1,400 0 0 800 0 0 2,200 0 0 2,200 0 0 89* 1,960 0 0 8<H ] ,000 0 0 1,000 0 0 1.000 0 0 88 880 0 0 88 1,000 0 0 1,000 0 0 1,000 0 0 87 870 0 0 .. 87 I 10,700 0 0 8,300 0 0 2,400 O 0 10,700 0 0 9,878 0 0