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RESULTS OF THE YEAR'S OPERATIONS.

> The outcome of the year’s finance again discloses a substantial surplus of revenue over expenditure, vix.:— • £ £ Balance brought forward, Ist April, 1924 .. 4,954,714 Revenue ... •.. .. 28,643,000 Net Expenditure .. .. .. .. 27,399,200 Add surplus of revenue over expenditure 1,243,800 Add net miscellaneous receipts credited to Ordinary Revenue Account. 4,42! 6,202,934 Less transfers during the year— Te Public Works Fund .. ... 1,000,000 To Loans Redemption Account .. 1,052,130 Balance at 31st March, 1925 ■. £4,150,806

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19250725.2.57

Bibliographic details

New Zealand Times, Volume LII, Issue 12199, 25 July 1925, Page 5

Word Count
72

RESULTS OF THE YEAR'S OPERATIONS. New Zealand Times, Volume LII, Issue 12199, 25 July 1925, Page 5

RESULTS OF THE YEAR'S OPERATIONS. New Zealand Times, Volume LII, Issue 12199, 25 July 1925, Page 5