H—4s

95

Balance brought down .. Less net transfer back from Accumulated Funds, 1945-46 Profit distributions Surplus distribution Grants Reserve accounts Balance carried down .. Less net transfer back from Accumulated Funds, 1945-46 Balance brought forward 2. £ £ 1,226,927 4,634 7-81 1,222,293 .. Appropriation Aecount £ 9-48 247,962 £ 11-18 383,703 £ 8-42 1,605,996 £ £ 6-50 1,017,173 0-08 ii,810 .. 0-71 111,500 .. 86,444 4,634 0-52 81,810 .. £ 7-87 206,039 .. 0-21 5,460 0-44 11,500 .. 0-96 24,963 £ 8-03 275,631 .. 0-28 9,610 .. 0-16 5,465 2-39 82,000 .. 0-32 10,997 £ 6-78 1,292,804 .. 0-05 9,610 0-09 17,275 .. 1-01 193,500 .. 0-49 92,807 7-81 1,222,293 9-48 247,962 11-18 383,703 8-42 1,605,996 .. 3. Acci £ 0-52 81,810 .. imulated Funds Account £ 0-96 24,963 .. i 0-32 10,997 I 0-49 92,807 — —— ~~ * Includes annual and statutory holidays and guaranteed minimum payments, £245,908, equivalent to 8-07 per cent, total expenses and 7-1.7 per cent, total income ; balance, £114,527, represents administration expenses, equivalent to 3-76 per cent, total expenses and 3'34 per cent, total income.