F—l.

STATEMENT OF FINANCIAL OPERATIONS AND BUSINESS OF THE DEPARTMENT FOR THE YEAR ENDED 31st MARCH, 1931.

RECEIPTS AND PAYMENTS. The receipts and payments of the Department for the financial year 1930-31 are shown in the following account: — Receipts. Payments. £ s. d. £ a. d. £ a. d. £ 9. d. To Balance forward .. 52,897 17 8 By Salaries .. 1,761,345 19 11 Postages ..1,221,392 6 4 Conveyance of Money-order and ocean mails .. 94,948 14 1 postal- note Conveyance of commission .. 64,877 4 7 inland mails .. 145,282 13 6 Private box and Conveyance of bag rents and mails by rail .. 116,563 5 2 rural - delivery Maintenance of fees .. 47,995 16 7 telegraph and Miscellaneous re- telephone lines 136,170 3 6 ceipts .. 290,521 16 6 Renewals and rePaid telegrams 376,989 6 7 placements .. 158,247 13 10 Paid tolls .. 466,994 16 7 J Motor services and Telephone-ex- workshops .. 33,770 6 8 change rentals 1,238,648 12 10 Miscellaneous .. 354,319 3 4 3,707,420 0 0i Interest on capital liability .. 504,000 0 0 3,304,648 0 0 Renewal and replacement of Assets Fund (investment) .. .. 400,000 0 0 Balance carried down .. .. 55,669 17 8i £3,760,317 17 8£ £3,760,317 17 8£ £ s. d. To Balance brought down .. .. 55,669 17 8J The total cash value of the transactions of the Department, inclusive of the above, amounted to approximately £201,500,000 for the year.

Receipts and Payments for the Years 1881-82, 1891-92, 1901-02, 1911-12, 1921-22, and following Years.

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. Balance of lleceipts Excess of Payments Year. j Receipts. Payments. over Payments. over Receipts. £ £ £ f 1881-1882 .. .. •• •• 234,529 233,291 1,238 1891-1892 .. .. •• •• 320,058 268,343 51,715 1901-1902 .. .. •• •• 488,573 465,756 22,817 1911-1912 .. .. •• •• 1,087,710 988,911 98,799 1921-1922 .. .. •• 2,811,535 2,451,571 359,964 1992-1923 .. .. .. 2,687,768 2,114,994 572,774 1923-1924 .. .. •• •• 2,688,954 2,120,584 568,370 1924-1925 .. •• •• 2,889.450 2,416,257 473,193 1925-1926 !! .. •• 3,100,396 2,409,556 690,840 1926-1927 •• •• 3,220,666 2,346,274 874,392 1927-1998 ' •• •• 3,329,511 2,299,571 1,029,940 1928-19i9 .! .. •• 3,445,545 2,921,736* 523,809 1929-1930 •• •• 3,641,620 3,611,199t 30,421 1930-1931 ■■ •• •• 3,707,420 3,704,6481 2,772 •Includes payment of interest on capital liability, which was previously paid out of Consolidated Fund. tIncludes investment "Renewal and Replacement of Assets Fund."