B.—l [Pt. IV].

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure in respect of Road Motor Services.

Railway Employees' Sick Benefit Society.

Statement op Cash Receipts and Payments.—Wobking Railways Account. Receipts. £ s. d. I Payments. £ s. d. To Balance brought forward .. .. 70,936 3 2 By Investments, Sick Benefit Fund .. .. 2,300 0 0 Revenue receipts .. .. .. 7,568,702 3 0 i Wages and vouchers .. .. .. 7,558,892 611 " Credits-in-aid " (Working Railways ex- Refunds to Harbour Boards, shipping compenditure) .. .. .. .. 1,361,423 611 panies, and other carriers .. .. 274,002 12 4 Contributions to Sick Benefit Fund .. 29,311 4 3 Interest on capital .. .. .. 685,000 0 0 Interest .. .. .. .. 2,690 4 1 Payments from Sick Benefit Fund .. 24,690 19 6 Balance as per general balance-sheet .. 488,177 2 8 £9,033,063 1 5 £9,033,063 1 5 Reconciliation Statement. £ s. d. £ s. d. Credit, balance in Working Railways Account as per Treasury figures .. .. 479,688 7 2 Add— Imprests outstanding .. .. .. .. .. .. 7,589 11 10 Cash in transit .. .. .. .. .. .. 33 17 8 Charges debited by Treasury after accounts closed . , .. .. 865 6 0 8,488 15 6 Credit balance as per above statement ~ ~ ~ ~ .. £488,177 2 8

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Per Cent, of Per Cent, of Revenue. Revenue. EXPENDITURE. 1930-31. 1929-30. : REVENUE. 1930-31. 1929-30. 1930-31. 1929-30. 1930-31. 1929-30. £ £ £ £ Superintendence — Salaries and 9,419 8,858 911 i 8-38 Passengers.. .. .. 101,561103,884 98-27 98-27 office expenses ! Parcels ] 1,737 1,740 1-68 1-65 Maintenance charges .. .. 16,336 22,405 15-81 21-20 Advertising .. .. 50 78 0-05 0-08 Running-expenses .. .. 52,548 55,238 50-85 52-26 License fees .. .. .. 3,127 i 3,081 3-03 2-91 Insurance and depreciation .. 21,313 21,996 20-62 20-81 102,743 \lll,578 99-42 ' 105-56 ; 103,348 105,702 100-00 100-00 Operating profit .. .. 605 .. 0-58 .. j Operating loss .. .. | .. 5,876 .. 5-56 103,348'111,578 100-00 105-56 ',103,348 111,578 100-00 105-56 ' Operating loss .. .. .. ! 5,876 Operating profit .. .. I 605 Payments to railway revenue — i Net loss .. .. .. 5,843 11,415 Interest on capital .. .. 2,7871 2,002 Preliminary expenses .. 3,537 j 3,537 Earthquake relief — Cost of 124 j i services rendered gratis 6,448 11,415 6,448 11,415

Income and Expenditure. Expenditure. 1930-31. 1929-30. ! Income. 1930-31. 1929-30 £ £ £ £ To Sick pay paid to members .. .. 25,021 30,242 By Contributions .. .. .. .. 21,117 21,067 Balance carried down, being excess of income 4,545 .. Entrance fees .. .. .. .. 89 302 over expenditure Interest on investments.. .. .. 357 228 Donation .. .. .. .. 1 1 Fines .. .. .. .. 2 Subsidy as per section 5 subsection (1) of 8,000 8,000 Government Railways Amendment Act, 1928, charged to Working Railways Account Balance carried down, being excess of .. 644 expenditure over income 29,566 30,242 29,566 30,242 To Balance brought down .. .. .. .. 644 By accumulated funds brought forward on 5,691 6,335 Balance accumulated funds as at 31st March, 10,236 5,691 1st April, 1930 1931 Balance brought down .. .. .. 4,545 10,236 6,335 10,236 6,335 Balance-sheet. Liabilities. £ £ \ Assets. £ £ Accumulated Funds Account .. .. 10,236 5,691 \ Investment Account .. .. .. 9,186 6,528 Working Railways Account .. .. .. 734 , Cash in Working Railways Account .. .. 1,063 Sundry creditors .. .. .. .. .. 31 Contributions outstanding at 31st March, 1931 6 6 Sick pay (due not paid) .. .. .. 19 79 Entrance fees outstanding at 31st March, 1931 .. 1 10,255 6,535 ! ! 10,255 6,535 I . J