D.—s

4

Statement of Accounts in accordance with Section 123, Government Railways Act, 1926. Revenue Account for the Year ended 31st March, 1927.

EXPENDITURE. I 1926-27. 1925-26. I INCOME. ! 1926-27. j 1925-26. £ s. d. £ s. d. £ s. d. £ s. d. To Retiring-allowances to members .. .. .. 215,250 2 1 198,889 15 9 By Members'contributions .. .. .. .. 153,914 15 6 147,976 11 2 Allowances to widows and children .. .. .. 27,489 2 7 27,064 19 9 Members'contributions on account of casual service .. : 3,869 18 6 5,926 8 7 Refunds of total contributions .. .. .. 20,986 5 4 23,552 17 8 Fines .. .. .. .. .. .. 141 10 0 219 0 0 Refunds of contributions in excess of allowances drawn by 768 2 7 342 10 8 Subsidies — deceased beneficiaries Consolidated Fund .. .. .. .. .. 25,000 0 0 Compensation under the Government Railways Act of 1887 37 1 3 17 2 10 Working Railways .. .. .. .. 170,000 0 0 145,000 0 0 Transfers to other funds .. .. .. .. 108 14 1 200 13 11 Working Railways, on account of increased allowances ; 12,608 17 1 12,464 16 9 Interest remitted .. .. .. .. .. 47 9 3 .. to widows and children Administration charges — Amalgamated Society of Railway Servants, on account 14 19 2 199 14 2 Travelling-expenses of Board members .. .. 56 10 0 19 0 8 of M. J. Mack Public Trust Office commission .. .. .. 1,190 12 0 1,044 10 2 Interest .. .. .. .. .. .. 50,715 14 7 43,750 12 8 Public Trust mortgage inspection fees .. .. 6 16 3 .. Commission on Government Life Insurance collections .. 1153 4 10 3 Audit Office fees ... .. .. .. 50 0 0 50 0 0 Salaries .. .. .. .. .. .. 1,413 3 2 1,391 12 2 Postages .. .. .. .. .. .. 104 16 1 129 16 8 Printing and stationery .. .. .. .. 79411 80 8 0 , Balance carried down, being excess of income over expendi- 123,689 0 6 127,758 5 4 ture for the year — 391,277 0 1 380,541 13 7 391,277 0 1 380,541 13 7 To Balance accumulated funds at 31st March, 1927. .. .. 985,828 4 0 862,139 3 6 By Accumulated funds brought forward on 1st April, 1926 .. i 862,139 3 6 734,112 8 11 Amounts unclaimed written off .. .. .. .. 268 9 3 Balance brought down .. .. .. .. 123,689 0 6 127,758 5 4 £985,828 4 0 £862,139 3 6 i £985,828 4 0 \£862,139 3 6