B.—l [PT. IV].

POST AND TELEGRAPH DEPARTMENT. General Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Postal Branch loss .. .. .. 11,711 8 8 By Telephone Branch profit .. .. .. 44,331 16 6 Telegraph Branch loss .. .. .. 119,191 4 3 Toll Branch profit .. .. .. 79,169 4 6 Wireless Branch loss .. .. .. 7,940 3 6 Garages.. .. .. .. .. 8,719 14 5 Net loss .. .. .. .. 6,622 1 0 £138,842 16 5 £138,842 16 5 General Profit and Loss Appropriation Account, 1925-26. Dr. £ s. d. Cr. £ s. d. To Balance forward .. .. .. .. 39,687 18 3 By Balance .. .. .. .. 49,609 16 11 Savings-bank Profit and Loss Appropriation Account adjustment .. .. .. 3,299 17 8 General Profit and Loss Account .. .. 6,622 1 0 £49,609 16 11 £49,609 16 11 POSTAL BRANCH. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 1,119,793 19 10 By Postages (a) .. .. .. .. 1,073,506 18 0 Depreciation (d) .. .. .. 24,839 14 11 Rents received (6) .. .. .. 6,713 11 2 Profit before charging interest on capital, Private box and bag rents .. .. 28,731 19 7 carried down .. .. .. 34,028 2 1 Rural delivery fees .. .. .. 12,225 2 9 Money-order and postal-note commission .. 48,452 18 11 Miscellaneous revenue .. .. .. 9,029 6 5 £1,178,661 16 10 £1,178,661 16 10 £ s. d. £ s. d. To Interest on capital (c) .. .. .. 45,739 10 9 By Profit brought down .. .. .. 34,028 2 1 Loss on year's working, transferred to General Profit and Loss Account .. .. 11,711 8 8 £45,739 10 9 j £45,739 10 9 TELEGRAPH BRANCH. Profit and Loss Account for tiie Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 494,022 8 4 By Telegraph revenue (e) .. .. .. 416,506 1 2 Depreciation (d) .. .. .. 28,343 5 5 Miscellaneous revenue .. .. .. 12,215 7 6 Rents received (ft) .. .. .. 824 11 4 Loss before charging interest, carried down .. 92,819 13 9 £522,365 13 9 . £522,365 13 9 £ s. d. £ s. d. To Loss brought down .. .. .. 92,819 13 9 By Loss on year's working .. .. .. 119,191 4 3 Interest on capital (c) .. .. .. 26,371 10 6 £119,191 4 3 £119,191 4 3 TOLL BRANCH. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 163,716 15 9 By Toll revenue .. .. .. .. 358,036 12 11 Depreciation (d) .. .. .. 60,562 17 0 Rents received (b) .. .. .. 1,761 18 1 Profit before charging interest, carried down.. 135,518 18 3 £359,798 11 0 £359,798 11 0 £ s. d. £ s. d. To Interest on capital (c) . . .. .. 56,349 13 9 By Profit brought down .. .. .. 135,518 18 3 Profit on year's working .. .. .. 79,169 4 6 £135,518 18 3 £135,518 18 3

111