D^-5

Statement of Accounts Revenue Account for the Year ended 31st March, 1947 Expenditure £ Income £ Retiring-allowances to members .. .. .. .. 768,293 Members'contributions .. .. .. .. 279,960 Allowances to widows and children .. .. .. 86,155 Members'contributions on account of casual service .. 15,518 Cost-of-living bonus .. .. .. .. .. 40,608 Fines .. .. .. .. .. .. 328 Refund of total contributions .. .. .. .. 143, 228 Subsidies— Refund of contributions in excess of allowances drawn by From Consolidated Fund (section 3, Finance Act (No. 2), 1942) 74,000 deceased beneficiaries .. .. .. .. 1,000 From Working Railways Account (section 119, £ Transfers to other funds .. .. .. .. 4,321 Government Railways Act, 1926) .. .. 200,000 Earthquake damage insurance .. .. .. .. 67 From Working Railways Account: Increased allowWithdrawal of total contributions .. .. .. 279,400 ances to annuitants compulsorily retired (section Administration charges— 31, Superannuation Amendment Act, 1945) .. 4,604 Travelling-expenses of Board members .. .. .. 80 From Working Railways Account: Increased Public Trust Commission .. .. .. .. 1,260 allowances to widows and children (section 114, Audit fee .. .. .. .. .. 50 Government Railways Act, 1926, and sections 28 v Salaries .. .. .. .. .. .. 3,816 and 29, Superannuation Amendment Act, 1945) 54,335 Postages .. .. .. .. .. .. 527 From Working Railways Account: Cost-of-living Printing and stationery .. .. .. .. 167 bonus .. .. .. .. .. 40,608 299,547 New Zealand Railway Tradesmen's Association .. .. 15 New Zealand Engine-drivers, Firemen, and Cleaners' Association .. .. .. .. .. 19 Amalgamated Society of Railway Servants .. .. 14 New Zealand Railway Officers' Institute .. .. ,25 Interest— Investments .. .. .. .. 45,582 Treasury Department.. .. .. .. 6,196 51,778 Commission on Government Life Insurance collections .. 55 Balance carried down, being excess of expenditure over income for the year .. .. .. .. .. 607,713 £1,328,972 £1,328,972 £ £ Balance brought down .. .. .. ... .. 607,713 Accumulated funds brought forward on Ist April .. .. 1,080,779 Balance, accumulated funds as at 31st March .. .. 473,090 Amounts unclaimed written off— Contingent contributions .. .. .. .. 21 Rebates .. .. .. .. .. .. 3 £1,080,803 £1,080,803

6