B—l [PT. IV]

NEW ZEALAND BROADCASTING SERVICE NATIONAL DIVISION Income and Expenditure Account for the Year ended 31st March, 1946 Expenditure £ Income £ Expenditure on programmes, including payments to artists, Radio license fees .. .. .. .. .. 441,370 broadcasting rights, copyright fees, recorded programmes, Interest on investments .. .. .. .. 26,291 relay lines, and sundry miscellaneous items .. .. 109,754 Rents .. .. .. .. .. .. 1,216 General administrative and running expenses, including rents, Miscellaneous receipts .. .. .. .. .. 3,299 rates and insurance, lighting and heating, legal and audit, New Zealand Listener : Excess of income over expenditure .. 7,550 printing and stationery, salaries and wages, telephone services, repairs and maintenance of buildings and office and studio fittings, operation and maintenance of transmitting equipment, fees for technical trainees, and sundry miscellaneous items .. .. .. .. .. 138,132 Payments to stations operated under contract and subsidies to "B" stations .. .. .. .. .. 1,225 Expenses in connection with the broadcasting units overseas and troop entertainment in New Zealand .. .. 6,423 Depreciation provision and writing down of assets . . 19,465 Balance carried down: Surplus for year.. .. .. 204,727 £479,726 £479,726 £ £ £ Donation to National Patriotic Fund .. .. .. 1,000 Balance brought forward from previous year .. 1,886,863 Balance .. .. .. .. .. .. 2,160,904 License fees paid in advance (adjustment) .. 70,3141,957,177 Balance brought down .. .. .. .. 204,727 £2,161,904 £2,161,904

3—B-l [Pt. IV]

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