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COMMERCIAL DIVISION Statement of Revenue and Expenditure Expenditure Revenue 1947-48. 1948-49. 1047-48. 1948-49. t> £ £ £ £ Programmes .. .. .. 31,765 47,172 Sales of station time .. .. .. 248,392 305 549 •General .. .. .. .. .. 187,046 214,828 Other .. .. .. .. .. 6,379 17'309 Depreciation .. .. .. .. 6,490 8,457 Net profit carried down .. .. .. 29,470 52,401 £254,771 £322,858 £254,771 £322,858 Provision for taxation .. .. .. 17,269 30,680 Balance previous year .. .. .. 167,148 179 349 Balance forward .. .. .. .. 179,349 201,070 Balance brought down .. .. .. 29,470 52^401 £196,618 £231,750 £196,618 £231,750 Statement op Assets and Liabilities Liabilities i Assets 1947-48. 1948-49. [ 1947-48. 1948-49. j-i £ £ £ £ •Creditors 14,557 12,377 Cash in bank 27 396 9 096 Deposit Account .. .. .. .. 251 505 Cash on deposit .. .. .. .. 251 '505 Revenue in advance .. .. .. 831 591 Imprests outstanding .. .. .. .. 3 Provision for taxation .. .. .. 17,300 30,700 Debtors and prepayments .. .. .. 33,421 32,947 Writings off .. .. .. .. 73 76 Investments .. .. .. .. 120,000 llo'oOO Appropriation Account .. .. .. 179,349 201,070 Land and buildings .. .. .. .. 3,541 9^765 Machinery and plant .. .. .. 7,235 54,576 Office and studio equipment .. .. .. 20,444 28,351 Assets in suspense .. .. .. .. 73 76 £212,361 £245,319 £212,361 £245,319
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