B.—l [PT. IV]

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Railway Employees' Sick Benefit Society.

111

Income and Expenditure. Dr. 1929-30. 1928-29. Cr. 1929-30. 1928-29. - - — ■ — — Expenditure. £ s. d. £ s. d. Income. I £ s. d. £ s. d. To Sick pay paid to members ®>Sj .. .. .. .. 30,242 0 8 -. By Contributions .. .. .. . • 21,067 7 2 2,786 6 2 Balance carried down being excess ofjincome over expenditure .. 6,334 14 11 Entrance fees .. .. .. .. .. .. 301 7 6 1,447 2 6 Interest on investment .. .. .. .. .. 228 7 1 Donation .. .. .. •• •• 100 Subsidy as per Section 5, Subsection (1), of Government Railways Amendment Act, 1928, charged to Working Railways Account .. .. .. .. .. 8,000 0 0 2,101 6 3 Balance carried down, being excess of expenditure over income for the year .. .. .. .. .. .. 643 18 11 £30,242 0 8 £6,334 14 11 £30,242 0 8 £6,334 14 11 To Balance brought down .. .. .. .. .. 643 18 11 .. By Accumulated funds brought forward on 1st April, 1929 .. 6,334 14 11 Balance, accumulated funds as at 31st March, 1930 .. 5,690 16 0 6,334 14 11 Balance, brought down .. .. .. .. .. .. 6,334 14 11 £6,334 14 11 £6,334 14 11 £6,334 14 11 £6,334 14 11 Balance-sheet. Liabilities. £ s. d. £ s . d. Assrts. £ s. d. £ s. d. £ s. d. Accumulated Funds Account .. .. .. .. 5,690 16 0 6,334 14 11 Investment Account .. .. .. 6,300 0 0 Working Railways Account ., .. .. .. 734 4 1 .. Plus accrued interest .. .. .. 228 7 1 Sundry creditors .. .. .. .. .. •• 31 10 9 .. 6,528 7 1 .. Sick pay (due not paid) .. .. .. .. •• 78 18 9 .. Cash in Working Railways Account .. .. .. .. .. 6,303 18 9 Contributions outstanding on 31st March, 1930 .. .. 6 12 6 20 13 8 Entrance fees outstanding on 31st March, 1930 .. .. 0 10 0 10 2 6 £6,535 9 7 £6,334 14 11 £6,535 9 7 £6,334 14 11