8.—.1 rp T . IV, Sup. A

40

POST AND TELEGRAPH DEPARTMENT. General Profit and Loss Account for the Year ended 31st March, 1923. Dr. £ s. d. Cr. £ s. d. To Telegraph Branch loss .. .. 89,211 2 7 By Postal Branch profit .. .. 316,817 1 9 Telephone Branch loss .. .. 46,799 11 3 Savings-bank Branch profit .. 171,151 15 6 Wireless Branch loss .. .. 10,502 1 5 Profit and Loss Appropriation Account carricd down .. .. 341,456 2 0 £487,968 17 3 £487,968 17 3 Profit and Louts Appropriation Account. Dr. £ s. d. Or. £ s. d. To Profits invested in departmental assets 36,492 6 9 By Balance forward .. .. 1.76,095 411 Savings-bank Reserve Account .. 179,000 0 0 By Profit and Loss Account .. 341,456 2 0 Balance.. .. .. .. 302,059 0 2 £517,551 6 11 £517,551 6 11 POSTAL BRANCH. Profit and Loss Account for the Year ended 31st March, 1923. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. 1,001,579 5 9 By Postages .. .. .. 1,291,173 9 6 Depreciation .. .. .. 24,144 I 10 Rents received .. .. 5,061 6 0 Profit before charging interest Private box and bag rents .. 27,971 17 11 carried down .. .. 357,801 17 6 Rural delivery fees .. .. 8,191 3 10 Money-order and postal-note commission .. .. . . 47,180 6 6 Miscellaneous revenue .. .. 3,947 1 4 £1,383,525 5 1 £1,383,525 5 1 £ s. d. £ s. d. To Interest on capital .. .. 40,984 15 9 By Balance brought down .. .. 357,801 17 6 Profit on year's working transferred to General Profit and Loss Account .. .. .. 316,817 1 9 £357,801 17 6 £357,801 17 6 TELEGRAPH BRANCH. Profit and Loss Account for the Year ended 31st March, 1923. Dr. £ s. d. • Gr. £ s. d. To Working-expenses .. .. 655,893 0 6 By Telegraph revenue .. .. 696,818 11 8 Depreciation .. .. .. 73,089 910 Miscellaneous .. .. .. 14,728 2 0 Rents received .. .. .. 2,583 6 4 Loss before charging interest carried down .. .. .. 14,852 10 4 £728,982 10 4 £728,982 10 4 £ s. d. £ s. d. To Loss brought down .. .. 14,852 10 4 By Loss on year's working transferred to Interest on capital .. .. 74,358 12 3 General Profit and Loss Account.. 89,211 2 7 £89,211 2 7 £89,211 2 7