B.—l [Pt. IV].

WORKING RAILWAYS ACCOUNT—continued. Income and Expenditure in respect of Road Services.

Railway Employees' Sick Benefit Society. Income and Expenditure.

Balance-sheet.

85

P Eevenue° f Per Cent " of EXPENDITURE. 1936-37. 1935-36. " REVENUE. 1936-37. 1935-36. 1936-37. 1935-36. 1936-37. 1935-36. —— ' - — __—_ ; £ £ ' £ £ Superintendence — Salaries and 18,595 8,493 9-36 8-22 Passengers.. .. .. 173,864 99,718 87-48 96-54 office expenses | Parcels, mails, and newspapers 23,808 3,462 11-98 3-36 Maintenance charges .. .. 28,279 17,381 14-23 ! 16-83 Miscellaneous .. .. 1 079 100 0-54 0-1 ft Running-expenses .. .. 87,074 45,850 43-80 : 44-39 License fees .. .. .. 6,202 3,512 3-12 I 3-40 Insurance and depreciation .. 32,548 18,144 16-38 ; 17-57 172,698 93,380 86-89 90-41 Operating profit .. .. 26,053 9,900 13-11 9-59 198,751 103,280 100-00 100-00 198,751103,280 100-00 100-00 Payments to railway revenue— Interest on capital .. .. 4,355 1,303 2-19 1-26 Operating profit .. 26 053 9 900 13-11 <3-T<3 Net profit 21,698 8,597 10-92 8-33 ' 26,053 9,900 13-11 9-59 \ 26,053 9,900 13-11 9-59

Expenditure. 1936-37. 1935-30. Income. 1936-37. 1935-36. £ £ £ £ To Sick pay paid to members .. .. 23,346 -21,999 By Contributions .. .. .. .. 20 359 IS 189 Balance carried down, being excess of income 6,549 5,440 Entrance fees .. .. '' '231 '205 over expenditure Interest on investments .. .. 1 t 255 7 ) 045 Subsidy as per section 5, subsection (1), of 8,000 8,000 Government Railways Amendment Act, 1928, charged to W orking Railways Account 29,895 { 27,439 29,895 27,439 To Balance accumulated funds as at 31st March 40,959 j 34,410 By Accumulated funds brought forward on 34,410 j 1st April Balance brought down .. .. .. 6,549 5,440 40,959 34,410 40,959 34,410

Liabilities. £ £ Assets. £ i £ Accumulated funds .. .. .. 40,959 34,410 \ Investments .. .. .. .. 40545 34 091 Sick pay due not paid .. .. .. 5 2 j Cash in Working Railways Account .. .. '417 j * 317 Contributions outstanding at 31st March .. 2 4 40,964 j 34,412 \ 40,964 1 34,412