B—l [Pt. IV]

POST AND TELEGRAPH DEPARTMENT SAVINGS-BANK BRANCH Profit and Loss Account for the Year Ended 31st March, 1949 Dr. £ Cr. £ £ Interest credited to depositors .. .. .. .. 3,743,790 Interest received .. .. .. .. 4,443,946 Management expenses .. .. .. .. .. 491,580 Plus interest accrued to 31st March, 1949 .. 941,641 Balance carried to Appropriation Account .. .. 244,333 5,385,587 Less interest accrued to 31st March, 1948 . . 921,301 4,464,286 Sundry receipts .. .. .. .. .. 15,417 £4,479., 703 £4,479,703 Appropriation Account for the Year Ended 31st March, 1949 Dr. £ I Cr. £ Savings-bank profits paid to Consolidated Fund .. .. 587,313 Balance brought forward .. .. .. .. .. 882,740 Balance due to Consolidated Fund (section 95 (c), Post and Profit and Loss Account .. .. .. .. .. 244,333 Telegraph Act, 1928) .. .. .. .. .. 539,760 £1,127,073 £1,127,073

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