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FINANCIAL The revenue for the year ended the 31st March, 1948, was £8,974,448. Payments in respect of working-expenses (including interest on capital liability amounting to £746,316) totalled £8,956,316. The excess of receipts over payments was £18,132. The total amount of the cash transactions handled by the Department during the year was £665,477,131, compared with £661,482,981 during the previous year. The following is an analysis of the cash turnover : 1946-47. 1947-48. £ £ Departmental working-expenses and revenue .. 16,047,201 17,930,764 Other departmental cash transactions .. 287,279,518 305,194,267 Receipts and payments in respect of telegraph extension .. .. .. .. 1,818,511 1,005,840 Savings-bank deposits and withdrawals .. 135,127,636 141,213,872 Work performed for other Government Departments .. .. .. .. .. 221,210,115 200,132,388 Total cash turnover .. .. £661,482,981 £665,477,131 A detailed Statement of Receipts and Payments in respect of the working of the Post Office is shown in the Appendix (Table No. 1). STAFF PERSONNEL Comparative Return or Persons employed in the Department 31st March, 31st March, ■ Permanent staff — 1947. 1948. Administrative .. .. .. .. 14 14 First Division .. .. .. .. 4,800 5,218 Second Division .. .. .. 6,717 5,710 11,531 10,942 Temporary and casual staff .. .. .. 3,916 4,803 *15,447 115,745 Non-classified staff, P.M.'s, and assistants .. 217 221 Non-permanent staff, country postmasters and telephonists, including Railway officers .. 1,288 1,274 16,952 17,240 * Includes 385 serving with Armed Forces. f Includes 93 serving with. Armed Forces.

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