J).—s.

Statement of Accounts in accordance with Section 123, Government Railways Act, 1926. Revenue Account for the Year ended 31st March, 1934.

5

EXPENDITURE. 1933-34. 1932-33. INCOME. 1933-34. 1932-33. £ s. d. £ s. d. £ s. d. £ s. d. To Retiring-allowances to members .. .. .. 425,193 4 10 I 423,567 19 10 By Members' contributions .. .. .• •• 133,560 5 5 143,984 4 9 Allowances to widows and children .. .. .. 28,980 4 0 28,027 5 0 Fines .. .. .. .. .. •■ 127.12 6 124 15 0 Refund of total contributions .. .. .. .. 24,53917 25,836 2 2 Subsidies — Refund of contributions in excess of allowances drawn by 529 1 4 1,479 7 5 Working Railways .. .. •■ .- 170,000 0 0 1 170,000 0 0 deceased beneficiaries Working Railways, on account of increased allowances 13,005 10 4 | 12,545 4 6 Refund of casual service contributions .. .. .. i 19 19 7! 29 0 4 to widows and children Transfers to other funds .. .. .. .. ! 43 13 7 : 756 8 10 i New Zealand Railway Officers' Institute, on account ! 19 1 10 17 14 2 Interest remitted .. .. .. .. .. .. 51 10 0 Richard Hampton Reserve for bad and doubtful debts .. .. .. I 4,556 0 0 2,204 11 2 \ New Zealand Railway Tradesmen's Association, on 25 9 1 21 12 11 Administration charges — account Samuel Ingram Travelling-expenses of Board members .. .. 77 1 0 ', 100 1 6. '■ New Zealand Engine-drivers, Firemen, and Cleaners' 29 10 5 Public Trust Office commission .. .. ... 1,606 19 3 1,837 15 10 j Association, on account T. H. Stephenson Public Trust charges (legal costs) .. .. .. i 72 7 10 .. Interest — £ s. d. Audit Office fee .. .. .. .. .. 50 0 0 50 0 0 Investments .. 61,490 1 4 Salaries .. .. .. .. .. .. 1,069 2 0 1,075 19 1 ! Treasury Department .. .. 13,730 0 0 Postages .. '.. .. .. .. .. I 149 4 4 185 15 9 75,220 1 4 j 82,297 1 11 Printing and stationery .. .. .. .. 44 3 3 22 6 6 Premium on inscribed stock converted .. .. 2,446 0 6 i Commission on Government Life Insurance collections .. 47 4 9 47 10 5 Balance carried down, being excess of expenditure over 92,449 6 5 ; 76,185 19 9 income for the year 486,930 2 7 485,224 3 5 \ 486,930 2 7 j 485,224 3 5 To Balance brought down .. .. .. .. 92,449 6 5 76,185 19 9 By Accumulated funds brought forward on 1st April .. 1,333,245 8 1 11,464,173 S 4 Amounts previously written off now claimed : Refund of .. 13 19 5 \\ Amounts unclaimed written off — contributions Refund of contributions .. .. .. . ■ .. 278 4 6 Rebates of contributions in respect of previous years .. 45,011 10 8 i. Retiring-allowances .. .. . • • • 28 19 11 | 5 5 1 (National Expenditure Adjustment Act, 1932) Widows' allowances .. .. . ■ • ■ j 5 14 1 Balance, accumulated funds as at 31st March .. .. 1,240,830 15 8 1,333,245 8 1 1,333,280 2 1 1,454,456 17 11 \ 1,333,280 2 1 jl, 454, 456 17 11