B—l3

Revenue Accounts for the Year ended 31st March, 1947 Interest Account Dr. £ Cr. £ Interest on stock and debentures .. .. .. 1,654,141 Interest on mortgages and current accounts .. .. 1,893,095 Interest on General Reserve Fund investments— Interest concessions on rehabilitation advances : Paid from Payable on State's contribution .. .. .. 106,041 War Expenses Account .. .. .. .. 230,963 Credited to General Reserve Fund .. . . .. 58,758 Interest on Government and local-body securities and on temGross profit transferred to Profit and Loss Account .. 502,517 porary investments .. .. .. .. .. 197,399 £2,321,457 £2,321,457 Profit and Loss Account Dr. £ Cr. £ Management expenses .. .. .. .. .. 297,404 Gross profit transferred from Interest Account .. .. 502,517 Administration of rehabilitation advances from War Expenses £ Account (business, tools of trade, furniture, and miscellaneous Rentals: Properties acquired .. .. .. 1,365 loans) .. .. .. .. .. .. 83,733 Less miscellaneous expenses thereon .. .. 389 Earthquake-damage insurance .. .. .. .. 10,187 976 Reserve for losses: Ex-State .. .. .. .. 17,500 Reserve for losses: New business .. .. .. 20,275 Net profit, transferred to Appropriation Account .. .. 74,394 £503,493 £503,493 Profit and Loss Appropriation Account Dr. £ Or. £ Reserve for taxes .. .. .. .. .. 66,000 Net profit, transferred from Profit and Loss Account .. 74,394 Balance : Profits payable to Treasury .. .. .. 8,394 £74,394 £74,394

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