POST AND TELEGRAPH
DEPARTMENT’S ANNUAL REPORT A DECREASE IN REVENUE (From Oua Parliamentary Reporter ) WELLINGTON. September 14. A decrease in revenue of £93,518 compared Avith the previous year is slioavii in the annual report of the Post and Telegraph Department tabled in the House of Representatives to-day. The sum of £3,200,414 AVas received during the year under revicAv as against £3,293,932 for the year 1932-1933. The report, hoAvever, states that tlie position shoAvod toAvards the end of the year an improvement Avhich had been maintained and Avhicli had become general in the opening months of the neAV financial year.
The payments, for the year in. respect of Working expenses, including 'interest on capital liability of £553,000 and £36,733 provided by the Depreciation Fund, totalled £2,648,000. Tlie excess of receipts oVei* expenditure was, - therefore, £551,614, aiid the stuff of . £154,388 AA*as paid to the Consolidated Fund during the year.
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Bibliographic details
Otago Daily Times, Issue 22368, 15 September 1934, Page 20
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148POST AND TELEGRAPH Otago Daily Times, Issue 22368, 15 September 1934, Page 20
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