D.—2.

STATEMENT No. 9. Income and Expenditure in respect of Road Services.

STATEMENT No. 10. Railway Employees' Sick Benefit Society.

11

Per Cent, of j Per Cent, of Revenue. Revenue. EXPENDITURE. 1937-38. 1936-37. , REVENUE. j 1937-38. 1936-37. — 1937-38. 1936-37. j 1937-38. 1936-37. £ £ £ £ Superintendence — Salaries and 26,509 18,595 9-59 9-36 Passengers.. .. .. 234,697173,864 84-87 87-48 office expenses Goods, parcels, mails, &c. .. 40,144 23,808 14-52 11-98 Maintenance charges .. .. 39,100 28,279 14-14 14-23 Miscellaneous .. .. 1,686 1,079 0-61 0-54 Running-expenses .. .. 127,875 87,074 46-24 43-80 License fees 8,431 6,202 3-05 3-12 Insurance and depreciation .. 45,392 32,548 16-42 16-38 247,307172,698 89-44 86-89 Operating profit .. .. 29,220 26,053 10-56 13-11 276,527198,751 100-00 100-00 276,527 198,751100-00 100-00 Payment to railway revenue — Interest on capital .. .. 7,246 4,355 2-62 2-19 Operating profit .. .. 29,220 26,053 10-56 13-11 Net profit .. .. .. 21,974 21,698 7-94 10-92 .29,220 26,053 10-56 13-11 29,220 26,053 10-56 13-11

Income and Expenditure. EXPENDITURE. 1937-38. 1936-37. 1 INCOME. 1937-38. 1936-37. II £ £ £ £ Sick benefits paid to members •• 27,090 23,346 Contributions .. .. .. .. 23,715 20,359 Balance carried down, being excess of income 6,433 6,549 Entrance fees .. .. .. .. 337 281 over expenditure Interest on Investments .. .. .. 1,471 1,255 Subsidy as per section 5, subsection (1), of 8,000 8,000 Government Railways Amendment Act, 1928, charged to Working Railways Account 33,523 29,895 ; 33,523 29,895 Balance accumulated funds as at 31st March .. 47,392 40,959 j Accumulated funds brought forward on 1st April 40,959 34,410 Balance brought down .. .. .. 6,433 6,549 47,392 40,959 ! 47,392 40,959 Balance-sheet. Liabilities. £ £ Assets. £ £ Accumulated funds .. .. .. 47,392 40,959 Investments .. .. .. .. 46,916 40,545 Sick pay due not paid .. .. .. 74 5 Cash in Working Railways Account .. .. 492 411 Contributions outstanding at 31st March . . 58 2 47,466 40,964 47,466 40,964