1).—5.

Statement of Accounts, etc.— continued. Revenue Account for the Year ended 31st March, 1937.

5

EXPENDITURE. 1936-37. 1935-36. INCOME. 1936-37. 1935-36. 3 ' i ~ " j " £ s. d. ■ £ s. d. £ s. d. £ s. d. Retiring-allowances to members .. .. .. .. 420,208 14 3 - 419,569 8 8 Members'contributions.. .. .. .. .. 156,324 17 0 142,098 14 2 Allowances to widows and children .. .. .. 28,618 7 5:1 29,028 14 3 Members'contributions on account of casual service •• i 4,011 7 11 2,737 10 8 Refund of total contributions .. .. .. .. 14,120 10 0 14,863 2 5 Fines .. .. .. .. .. ' ■•! 107 15 0 139 5 0 Refund of contributions in excess of allowance drawn by': 1,041 7 3 1 624 14 5 Subsidies — deceased beneficiaries Consolidated Fund .. .. .. .. .. 65,000 0 0 82,200 0 0 Transfers to other funds.. .. .. .. .. 234 18 7 611 9 2 Working Railways .. .. .. .. . . | 170,000 0 0 170,000 0 0 Reserve for bad and doubtful debts .. .. .. j 1,368 3 7 ; 1,086 7 3 Working Railways, on account of increased allowances to ; 12,704 6 9 12,962 18 9 Cost of actuarial investigation of the fund .. .. .. 380 0 0 .. widows and children Administration charges New Zealand Railway Officers' Institute .. .. 17 18 10 13 3 9 Travellmg-expenses of Board members .. .. .. 74 2 6 78 17 0 New Zealand Railway Tradesmen's Association.. .. | 21 15 0 23 19 0 Public Trust Office commission.. .. .. .. 1,367 8 3 1,519 13 5 New Zealand Engine-drivers, Firemen, and Cleaners' 32 2 8 32 19 8 Public Trust charges (legal costs) .. .. .. 21 18 1 24 18 6 Association Audit Office fee .. .. .. .. ., 50 0 0 50 0 0 Interest— £ s. d. Salaries .. .. .. .. .. .. 1,290 15 5 1,177 14 2 Investments.. .. .. .. 53,248 17 6 Postages .. .. .. .. .. {97 ix 0 151 18 11 Treasury Department .. .. .. 11,362 0 0 Printing and stationery .. .. .. .. 37 9 2 45 9 2 " 64,610 17 6 65,877 4 1 Balance carried down, being excess of income over expendi- 3,866 14 0 7,306 8 10 Premium on securities converted.. .. .. .. .. 5 5 9 ture for the year Commission on Government Life Insurance collections . . 46 18 10 47 15 4 472,877 19 6 476,138 16 2 472,877 19 6 476,138 16 2 Amounts previously written off now claimed: Refund of .. 27 5 11 Accumulated funds brought forward on 1st April .. .. 1,246,984 7 11 1,239,705 5 0 contributions Balance brought down .. .. .. .. 3,866 14 0 7,306 8 10 Balance accumulated funds as at 31st March .. .. 1,250,860 10 2 -1,246,984 7 11 Amounts unclaimed written off— Life allowances .. .. .. .. .. 4 18 5 Widows' allowances .. .. .. .. .. 315 Refund of contributions .. .. .. .. 185 1,250,860 10 2 1,247,011 13 10 1,250,860 10 2 1,247,011 13 10