B—l [Pt. IV]

POST AND TELEGRAPH DEPARTMENT— continued POST OFFICE Profit and Loss Account for the Year Ended 31st March, 1947 Dr. £ Or. £ Maintenance and working expenses .. .. .. 5,402,253 Postages .. .. .. .. .. .. 3,090,129 Interest .. .. .. .. .. .. 677,657 Private box and bag rents and rural delivery fee .. .. 72,771 Provision for reserves— Money-order and postal-note commission .. .. .. 76,354 Depreciation .. .. .. .. .. 780,937 Telegraph revenue .. .. .. .. .. 708,932 Fire insurance .. .. .. .. .. 100,000 Toll revenue .. .. .. .. .. .. 1,601,177 Earthquake and war damage .. .. .. .. 200,000 Telephone revenue .. .. .. .. .. 1,987,519 Net profit .. .. .. .. .. .. 1,053,412 Revenue from wireless traffic .. .. .'. .. 44,203 Rent received .. .. ... .. .. .. 50,720 Fees, &c., for services motor registration and licensing .. 73,584 Fees, &c., for services as agent of other Government Departments .. .. .. .. .. .. 223,131 Interest on investments .. .. .. .. 254 ,441 Miscellaneous revenue .. .. .. .. .. 31,298 £8,214,259 £8,214,259 Profit and Loss Appropriation Account for Year Ended 31st March, 1947 Dr. £ ,£ I Cr. £ Payment to Treasury .. .. .. 263,033 Balance brought forward .. .. .. .. 1,601,075 War expenditure not recoverable " .. ... .... 8,345 I Net profit for year : ... .. .. 1,053,412 Balance carried forward— i" Receipts on account of services rendered in previous years .. 56,383 Post and Telegraph Act, 1928, section 95 (d), due to Consolidated Fund .. .. 2,410,222 Retained by Post Office .. .. .. 29,270 2,439,492 £2,710,870 £2,710,870

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