F.—B

6

III.—Statement showing the Aggregate Amount of Capital Expenditure.

IV.—Statement showing the Expenses of the Cable in the Year ended 31st March, 1908.

V. —Statement showing (a) the Securities purchased and sold, and (b) the Sums received and expended on account of the Provident Fund in the Year ended 31st March, 1908.

Details of Expenditure. .a the Periuc! end* 31st March, 1907. In the Year ended 31st March, 1908. Total to 31st March, 1M8. (1.) Head office (furniture, etc.) (2.) StationsBuildings A.H essories .. (3.) CableContract Accessories (4.) Instruments (5.) ShipContract Accessories (6.) Engineers' fees and expenses £ s. d. tJ'.i 7 8 66,744 18 11 18,502 19 0 1,790,642 15 6 335 15 0 28,788 4 10 £ s. d. £ s. d. 429 7 8 133 19 4 66,878 18 3 74 3 8 18,577 2 8 1,790,642 15 6 335 15 0 16 4 0 28,804 8 10 65,910 0 0 6,971 8 1 20,135 9 7 65,910 0 0 6,971 8 1 20,135 9 7 224 7 0 1,998,685 6 7 1,998,460 18 7

Details of Receipts. Parliamentary Grant. Annuity for the Replacement of Capital. Workingexpenses. Revenue. Details of Expenditure. Balance on 31st March, 1907 Received from H.M. Treasury out of the parliamentary grant-in-aid Traffic receipts (less £3,911 13s. paid out to the Canadian Pacific Railway and the Atlantic Companies for the insertion of date and time tnd for duplicate copies of messages) Interest on money placed on deposit £ l (1. 44,664 3 S 38,780 1 0 Ffith annuity payment .. Head office (salaries and expense*) Head office (advertising and canvassing, engineers' fees, royalties, and cost of remitting money Home) Cable-stations (salaries and expenses) Cable - ship (salaries and expeiuet) Provident Fund—contribution to (Statement V) Transferred to Cable Repair —Reserve and General Renewal Fund (Statement VI) £ s. d. 77,544 18 0 £ a. d. 4,34o' 9 1 109,637 5 1 1,596 12 7 38,764 16 1 16,759 I- , 11 522 17 3 1,511 8 8 32,000 0 0 94,977 14 4 77,544 18 0 110,160 2 4 83,344 4 8 Balance on 31st March, 1908 172,522 12 4 20,981 14 8 193,504 7 0 193,504 7 0

Securities purchased. (For Details see below.) Cash Receipts. Securities sold. (For Details see below.) Cash Payment*. Balance on 31st March, 1907 rransforrod from the account of annual expenses (Statement IV) mitri but ions of employees.. Interest on securities Securities purchased (as per ■ contra) £ s. (I. 10,700 0 0 £ k. d. 1,753 17 4 1,511 .! 8 Invested in securities, viz.:— £1,700 North-Eastern Railway, 3-per-cent. debenture stock at 89J £1,100 Straits Settlement •H - per - cent, stock at MA £800 Straits Settlement 3J-per-cent. at 97j 7 fi £800 Canada 4-per-cent. debenture bonds at 100,% Payment to employees on cessation of services Auditor's fee £ s. d. £ s. d. 1,587 0 8 1,81] 3 8 435 4 1 1,062 4 9 4,400 0 0 781 11 0 802 15 o' 428 7 10 10 0 0 Balance on 31st March, 1908 ir,,KK) o o 4,621 19 3 589 9 6 15,100 0 0 5,211 8 9 15,100 0 0 5,211 8 9