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Kevenue Accounts for the Year ended 31st March, 1949 Interest Account Dr. £ Or. £ Interest on stock and debentures .. .. .. 2,024,650 Interest on mortgages and current accounts .. .. 2,226,023 Interest on General Reserve Fund investments— Interest concessions on rehabilitation advances : Paid from Payable on State's contribution .. .. .. 103,460 War Expenses Account .. .. .. .. 468,530 Credited to General Reserve Fund .. . . . . 79,336 Interest on Government and local-body securities .. .. 177,769 Gross profit transferred to Profit and Loss Account . . 664,876 £2,872,322 £2,872,322 Profit and Loss Account Dr. £ C'r. £ £ Management expenses .. .. .. .. .. 321,058 Gross profit transferred from Interest Account .. .. 664,876 Administration of rehabilitation advances from War Expenses Rentals : Properties acquired . . .. . . 1,004 Account (business, tools of trade, furniture, and miscellaneous Less miscellaneous expenses thereon . . . . 451 loans) .. .. .. .. ■• .. 90,090 553 Earthquake-damage insurance .. .. .. .. 12,423 Net profit, transferred to Appropriation Account . . .. 241, 858 £665,429 £665,429 Profit and Loss Appropriation Account Dr. £ Or. £ Provision for taxation .. .. .. .. .. 138,000 Net profit, transferred from Profit and Loss Account .. 241,858 General Reserve Fund (on account of taxation on Reserve Fund accretions) .. .. .. .. •• •• 42,498 Reserve for Losses— New Business .. .. .. 21,325 Balance : Profits payable to Treasury .. . . . . 40,035 £241,858 £241,858

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