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B.—l [Pt. IV

114

NEW ZEALAND GOVERNMENT RAILWAYS— continued. RAILWAY SUPERANNUATION FUND—continued. Revenue Account for the Year ended 31st March, 1930.

EXPENDITURE. 1929-30. 1928-29. i INCOME. 1929-30. 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. To Retiring-allowances to members .. .. .. 249,235 15 2 240,710 5 4 By Members'contributions .. .. .. .. 165,410 7 1 160,360 9 10 Allowances to widows and children .. .. .. 26,700 7 10 27,023 5 7 Members'contributions on account of casual service .. 10,461 15 11 6,078 13 5 Refunds of total contributions .. .. .. 17,597 5 1 14,707 1 10 Fines .. .. .. .. .. .. 0 10 0 Refunds of contributions in excess of allowances drawn by 522 19 11 339 10 2 Subsidies — deceased beneficiaries Working Railways .. .. .. .. 170,000 0 0 170,000 0 0 Transfers to other funds .. .. .. .. 387 13 2 20 4 7 Working Railways, on account of increased allowances 12,111 18 9 12,336 12 3 Interest remitted .. .. .. .. .. 105 0 0 105 0 0 to widows and children Cost of actuarial investigation of the fund .. .. .. 573 10 8 Engine-drivers, Firemen, and Cleaners' Association, on 138 17 11 Administration charges — account of William McArley Travelling-expenses of Board members .. .. 85 12 6 81 5 0 Interest .. .. .. .. .. .. 73,123 8 2 65,537 5 6 Public Trust Office commission .. .. 1,785 11 2 1,583 2 6 Commission on Government Life Insurance collections .. 18 11 3 15 4 10 Public Trust mortgage inspection fees .. .. 3 3 0 3 3 0 Audit Office fees .. .. .. .. .. 50 0 0 50 0 0 Salaries .. .. .. .. .. .. 1,338 13 3 1,430 6 2 Postages .. .. .. .. .. .. 137 9 4 102 19 3 Printing and stationery .. .. .. .. 70 18 1 50 9 0 Balance carried down, being excess of income over expendi- 133,245 0 7 127,548 2 9 ture for the year 431,265 9 1 414,328 5 10 431,265 9 1 414,328 5 10 To Amounts previously written off, now claimed — Refunds of contributions .. .. .. .. .. 69 15 6 Retiring-allowances .. .. .. .. .. 4 6 9 By Accumulated funds brought forward on 1st April, 1929 .. 1,238,673 11 8 1,111,199 11 2 Balance, accumulated funds as at 31st March, 1930 .. 1,371,918 12 3 1,238,673 11 8 Balance brought down .. .. .. .. 133,245 0 7 127,548 2 9 1,371,918 12 3 1,238,747 13 11 1,371,918 12 3 1,238,747 13 11

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