D.—s

4

Statement of Accounts in accordance with Section 123, Government Railways Act, 1926. Revenue Account for the Year ended 31st March, 1929.

I I 1 EXPENDITURE. 1928-29. 1927-28. INCOME. 1928-29. 1927-28. _ — £ s. d. £ s. d. i £ s. d. £ s. d. To Retiring-allowances to members .. .. .. 240,710 5 4 227 860 15 5 ' By Members'contributions .. .. .. .. 160,360 9 10 156,798 12 7 Allowances to widows and children .. .. .. 27,023 5 7 27,152 13 9 Members'contributions on account of casual service .. 6,078 13 5 1,801 11 11 Refunds of total contributions.. .. .. .. 14,707 1 10 14,562 8 4 Subsidies — Refunds of contributions in excess of allowances drawn by 339 10 2 538 1 2 Working Railways .. .. .. .. 170,000 0 0 170,000 0 0 deceased beneficiaries Working Railways, on account of increased allowances 12,336 12 3 12,379 16 1 Transfers to other funds .. .. .. .. 20 4 7 613 1 1 to widows and children Interest remitted .. .. .. .. .. 105 0 0 105 0 0 Interest .. .. .. .. .. .. 65,537 5 6 58,293 4 11 Cost of actuarial investigation of the fund .. .. 573 10 8 .. Commission on Government Life Insurance collections .. 15410 13 3 2 Administration charges — Donation .. .. .. .. .. .. .. 0 11 3 Travelling-expenses of Board members .. .. 81 5 0 70 10 0 Public Trust Office commission .. .. .. 1,583 2 6 1,442 1 5 Public Trust mortgage inspection fees .. .. 3 3 0 Audit Office fees . . .. .. .. .. 50 0 0 50 0 0 Salaries .. .. .. .. . . .. 1,430 6 2 1,401 2 4 Postages .. .. .. .. .. . . 102 19 3 137 3 2 j Printing and stationery .. .. .. .. 50 9 0 98 10 2 Balance carried down, being excess of income over expendi- 127,548 2 9 125,255 13 1 ture for the year — —• 414,328 5 10 399,286 19 11 414,328 5 10 399,286 19 11 To Amounts previously written off, now claimed — Refunds of contributions .. .. .. .. 69 15 6 .. By Accumulated funds brought forward on 1st April, 1928 .. 1,111,199 11 2 985,828 4 0 Retiring-allowances .. .. .. .. 469 .. Amounts unclaimed written off — Balance, accumulated funds as at 31st March, 1929 .. 1,238,673 11 8 1,111,199 11 2 Refunds of contributions .. .. .. .. .. 98 10 11 Retiring-allowances .. .. .. .. .. 10 16 3 Widows' allowances . , .. .. .. .. 6 6 11 Balance brought down .. .. .. .. 127,548 2 9 125,255 13 1 1,238,747 13 11 1,111,199 11 2 1,238,747 13 11 1,111,199 11 2 ' ' i