56

B — 1 [Pt. Ill].

POST AND TELEGRAPH DEPARTMENT— continued. POST OFFICE SAVINGS-BANK. Profit and Loss Account for the Year ended 31st March, 1921. Dr. £ s. d. Cr. £ s. d. £ s. d. To Interest credited during the year By Interest received ended 31st March 1921 .. 1,464,216 19 3 during the year 1,565,344 12 5 Management expenses .. .. 64,000 0 0 Interest accrued Transferred to Savings-bank Appro- to 31st Maroh, priation Account .. .. 126,699 16 5 1921 .. 496,475 7 3 2,061,819 19 8 Less accrued „ interest on 31st March, 1920 .. 410,601 9 5 1,651,218 10 3 Sundry receipts .. 3,698 5 5 £1,654,916 15 8 £1,654,916 15 8 Savings-bank Appropriation Account. 31st March, 1921. £ s. d. : Ist April, 1920. £ s. d. To Transfer to Reserve Fund.. .. 21,295 0 0 By Balanoe brought forward .. .. 135,939 7 5 Balance .. .. .. 241,344 3 10 31st March, 1921. By Savings-bank Profit and Loss Account 126,699 16 5 £262,639 3 10 £262,639 3 10 TELEGRAPH BRANCH. Profit and Loss Account for the Year ended 31st March, 1921. Dr. £ s. d. £ s. d. Cr. £ s. d. To Salaries of officers .. 630,74111 4 By Telegraph revenue .. .. 683,486 8 7 i Working-expenses .. 261,594 12 10 Miscellaneous revenue .. .. 9,129 3 9 892,336 4 2 Loss (before charging interest) carried Depreciation .. .. 81,437 2 3 down .. . .. 281,157 14 04 £973,773 6 5 £973,773 .6 5 £ s. d. . £ s. d. Loss brought down .. .. .. 281,157 14 0| Loss on year's working .. .. 382,275 2 6| Interest on capital .. .. .. 101,117 8 6 £382,275 2 6| £382,275 2 6J TELEPHONE BRANCH. Profit and Loss Account for the Year ended 31st March, 1921. Dr. ■ £ s. d. £ s. d. Or. £ s. d. To Salaries of officers.. 292,547 1 3 By Telephone revenue .. .. 512,734 17 2 Working-expenses.. 119,294 15 9 Loss (before charging interest on 411,841 17 0 capital) carried down .. .. 1,946 18 3 Depreciation .. .. .. 102,839 18 5 £514,681 15 5 £514,681 15 5 £ s. d. £ s. d. Loss brought down .. .. 1,946 18 3 Loss on year's working .. .. 125,958 0 1 Interest on capital .. .. 124,011 110 £125,958 0 1 £125,958 0 1 WIRELESS BRANCH. Profit and loss Account for the Year ended 31st March, 1921. Dr. £ s. d. £ s. d. Or. £ s. dTo Salaries of officers .. 8,382 0 0 By Revenue on wireless traffic... .. 7,994 11 6 Working-expenses .. 3,622 0 0 Loss (before charging interest on 12,004 0 0 capital) carried down .. .. 6,357 6 1 Depreciation ...... 2,347 17 7 £14,351 17 7 £14,351 17 7 £ s. d. £ s. d. Loss brought down .. .. 6,357 6 1 Loss on year's working .. .. 8,998 13 4 Interest on capital .. .. 2,641 7 3 £8,998 13 4 £8,998 13 4