F.—B

Pacific Cable Board (1 Edward VII, c. 31).-Account for the Period ended 31st March, 1914. I.-Statement showing the Sum issued out of the Consolidated Fund, and the Expenditure.

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, 1914.

7

d

5

Details of Expenditure. In the Period ended 81st March, 1913. t s. (I. 429 7 8 In the Year ended 31st March, 1914. I £ s. d. Total to 31st March, 1914. £ s. d. 429 7 S (1.) Head office (furniture, &c.) (2.) Stations — Buildings Accessories .. (3.) Cable— Contract Accessories .. [4.) Instruments . . (5.) ShipContract Accessories Ii.) Engineers' fees and expenses 74,465 10 9 18,828 18 II 1.777,41)3 1 9 335 15 0 28,804 8 I (I 3.531 14 0 620 0 0 77,997 4 9 19.448 IS I I 1,777,463 I 9 335 15 0 28,804 8 10 05,910 0 0 7,161 8 I 20.135 9 7 •• 65,910 0 0 7,161 8 1 20,135 9 7 •V 1.993.534 0 7 4,151 14 0 1*997,685 14 7

Details of Receipts. Parliamentary Grant. ineni rant. Be venue. Details of Expenditure. Annuity for the j Replacement of i Capital and of Loan from General Account. Workingexpenses. £ s. d. 14,157 3 2 12,573 (I 0 £ s. (I. I £ S. (1. 77,544 IS 0 9,056 13 0 £ s. d. Balance on 31st March, 1913 Received from H.M. Treasury out of the parliamentary grant in aid Traffic receipts (loss £4,451 14s. I d. paid out for the insertion of date and timo and for duplicate copies of messages) Bank interest (less cost of advance remittances) Refund of tolls and dues Sale of furniture Rent of leased buildings £ 14, 12, £ I ,1 ,5 1 5 15 57 s. 57 : 73 I 196,054 19 7 492 0 4 . 3 0 ( ! ). Eleventh annuity payment . . First, annuity payment to Renewal Acoount (Pacific Cable Act, 1911. I & 2 Geo. V, cap. 30) 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) 5.326 15 5 3.415 13 5 665 !(i 4 385 0 0 249 17 11 77,082 16 S • 13,241 III S 197,847 14 2 — 2li. 730 3 2 2,120 15 II 30,000 (I I) 131,196 12 86,601 11 0 Balance on 3|sl, March, 1914 217,798 3 I 6,779 14 3 224,577 17 4 224,577 17 4