8

■P.—B

II.— Statement showing the Sums borrowed and the Securities created.

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

IV. — Statement showing the Expenses of the Cable in the Year ended 31st March, 1913.

V.— Statement showing (a) the Sums received and expended, and (b) the Securities purchased and sold, on Account of the Provident Fund in the Year ended 31st March, 1913.

I Amount. Money borrowed. Securities created. 1 Amount. £ s. d. £ s. d. !um issued as above 2,000,000 0 0 In the period ended 784, BOO 0 0 Annuity of £77,544 18s. First 31st March, payment, 1st December, 1903; 1902 last payment, 1st December, 1952. In the year ended 1,215,400 0 0 31st March, 1903 I 2,000,000 0 0 \ 2,000,000 0 0

Details of Expenditure. In the Period ended 31st March, 1912. In the Year ended 31st March, 1913. Total to 31st March, 1913. 1.) Head office (furniture, &e.) 2.) Stations, — Buildings Accessories 3.) Cable,— Contract Accessories 4.) Instruments ;5.) Ship,— Contract Accessories 6.) Engineers' fees and expenses £ s. d. 429 7 8 .. , 67,634 18 3 18,828 18 11 1,787,463 1 9 335 15 0 28,804 8 10 65,910 0 0 7,161 8 1 20,135 9 7 £ s. d. £ s. d. 429 7 8 6,830 12 6 74,465 10 0 18,828 18 11 ■ Or. 10,000 0 0 i 1,777,463 1 9 335 15 0 28,804 8 10 65,910 0 0 7,161 8 1 20,135 9 7 Or. 3,169 7 (i 1,993,534 0 7 1,996,703 8 1 • I l

Details of Receipts. Revenue. Details of Expenditure. Annuity for the Replacement of Capital. Workingexpenses. £ s. d. ialance on 31st March, 18,782 0 7 1912 teceived from H.M. Trea- | 27,645 0 0 sury out of the parliamentary grant-iu-aid "raffic receipts (less £4,280 I 8s. 5d. paid out for the insertion of date and time and for duplicate copies of messages) iank interest lefund of tolls and dues.. teceived for charter of Board's cable-ship "Iris" (survey new cable) £ s. d. 166,026 17 3 Tenth annuity payment .. Head office (salaries and expenses) Head office (advertising and canvassing, engineers' fees, and royalties) Cable-stations (salaries and expenses) Cable-ship (salaries and expenses) Provident Fund—contribution to (Statement V) Transferred to Cable Repair —Reserve and General Renewal Fund (Statement VI) £ s. d. 77,544 18 0 £ s. d. 6,129' 5 9 2,972 17 3 1 68,096 0 0 278 1 7 615 16 2 980 0 0 13,379 13 9 2,047 17 8 30,000 0 0 167,900 15 0 46,427 0 7 122,625 14 5 I 77,544 18 0 Balance on 31st March, 1913 200.170 12 5 14,157 3 2 214,327 15 7 214,327 15 7

Securities purchased. (For Details see below.) Cash Eeceipts. ! I I Balance on 31st March, 1912 Transferred from the account of annual expenses (Statement IV) Contribution of employees.. [nterest on securities Securities redeemed (£800 Canada 4-per-cent. bonds) Securities purchased (as per contra) £ s. d. £ s. d. 28.948 0 0 1.832 12 5 ! 2,047 17 8 2,047 17 8 1,012 7 0 800 0 0 3.500 0 0 ■ 32,448 0 0 i 7,740 14 9

Securities sold or redeemed. (For Details see below.) j Cash Payments. £ s. d. £ 8. d. Invested in securities, viz. :— £2,000 Queensland 31-per-cent, stock at 96 £1,500 New South Wales 4-per-cent. stock at 99 Payments to employees on cessation of services £800 Canada 4 - per - oent. bonds redeemed Auditor's fee 1,920 0 0 1.485 0 I) 1.144 0 I I 801) 0 0 10 0 0 Balance on 31st March, 1913 800 0 0 31,648 0 0 4,559 0 11 3,181 13 10 32,448 0 0 7,740 14 9