SURPLUS OF £12,308,000
British Post Office Year \ (British Official Wireless*., Received February 12, 5.5 p.m.' Rugby, February 11. The Postmaster-General, Sir Kingsley Wood, in presenting the commercial accounts for the last financial year, points out’ that this wds the first year of operation of the new financial scheme, under which the Post Office is liable to pay a fixed sum of £10,750,000 to the Exchequer* and any sum earned in excess of this amount is payable to the Post Office Fund, where it becomes available for Post Office purposes. Results for the year show that Post Office business resulted in a net surplus, after charging interest on capital, of £12,308,017, as compared with £ll.055,717 in the previous year.
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Dominion, Volume 28, Issue 119, 13 February 1935, Page 9
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118SURPLUS OF £12,308,000 Dominion, Volume 28, Issue 119, 13 February 1935, Page 9
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