B. —1 [PT. IV], SUP. TO 1936.

POST AND TELEGRAPH DEPARTMENT—continued. SERVICE GARAGE. Profit and Loss Account for the Yeas ended 31st March, 1936. Dr. £ s. d. Or. £ 8 ' d* Working-expenses .. .. .. .. 53,036 2 8 Revenue .. .. •• •• 74,467 9 8 Depreciation (b) .. .. .. .. 8,645 111 Profit before charging interest on capital, carried down .. .. .. .. .. 12,786 5 1 £74,467 9 8 £74,467 9 8 £ s. d. £ s - d. Interest on capital (a) .. .. .. 5,224 910 Profit, brought down .. .. .. 12,786 5 1 Profit on year's working, transferred to General Profit and Loss Account .. .. .. 7,561 15 3 £12,786 5 J. £12,786 5 1 GENERAL PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 1936. Dr. £ s. d. Cr. £ s. d. Postal Branch, loss .. .. .. .. 85,696 710 Toll Branch, profit .. .. •• •• 110,748 15 10 Telegraph Branch, loss .. .. .. -67,983 12 10 Telephone Branch, profit .. .. 53,062 17 Q Wireless Branch, loss .. .. .. 5,823 12 7 Garages, profit .. .. •• •• 7,561 15 3 Net profit .. .. .. .. .. 11,869 14 10 £171,373 8 1 £171,373 8 1 GENERAL PROFIT AND LOSS APPROPRIATION ACCOUNT, 1935-36. Dr. £ s. d. Gr. _ £ s. d. Payments to Treasury .. .. .. 5,000 0 0 Balance .. •• •• 30,190 8 6 Expenditure chargeable against Profit and Loss General Profit and Loss Account .. .. 11,869 14 10 Accounts for previous years .. .. .. 2,247 4 1 Balance : Post and Telegraph Act, 1928, section 95 (d) — £ s. d. Dae to Consolidated Fund .. 3,297 14 10 Retained by Post Office Account 31,515 4 5 34,812 19 3 £42,060 3 4 £42,060 3 4 SAVINGS-BANK BRANCH. Profit and Loss Account for the Year ended the 31st March, 1936. Dr. £ s. d. Cr. £ s. d. £ s. d. Interest credited to depositors .. .. 1,405,032 11 4 Interest received .. .. 1,503,058 1 10 Management expenses .. .. .. 131,335 18 6 Plus interest accrued to 31st Balance carried to Appropriation Account .. 43,200 18 6 March, 1936 .. .. 348,956 0 9 1,852,014 2 7 Less interest accrued on 31st March, 1935 .. 307,666. 3 6 1,544,347 19 1 Sundry receipts .. .. .. 35,221 9 3 £1,579,569 8 4 £1,579,569 8 4 Appropriation Account for the Year ended the 31st March, 1936. £ s. d. £ s. d. Savings-bank profits paid to Consolidated Fund .. 75,000 0 0 Balance brought forward .. .. •• 54,482 8 4 Balance carried forward .. .. .. 22,683 6 10 Profit and Loss Account .. .. •• 43,200 18 6 £97,683 6 10 £97,683 6 10 Balance-sheet of the New Zealand Post Office Savings-bank as at the 31st March, 1936. Liabilities. £ s. d. sdets. £ s. d. Balance at credit of depositors'accounts .. 52,930,189 0 5 Cash on hand and at bank .. .. 1,264,448 1 0 Letters of credit and other liabilities .. 23,225 15 5 Investments .. .. •• •• 52,540,822 411 Reserve Fund .. .. .. .. 1,171,257 16 2 Interest accrued on investments .. .. 348,956 0 9 Advances to Postmasters, &c„ of stamps, &c. 1,969 8 3 Thrift stamps held by teachers .. .. 99 0 5 Advance for School Savings-bank expenses .. 5,000 0 0 Profit and Loss Appropriation Account .. 22,683 6 10 £54,154,325 7 1 £54,154,325 7 1 A. Marshall, F.R.A.N.Z., Director of Accounts. G. McNamara, Director-General, Post and Telegraph Department. I hereby certify that the Profit and Loss Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. EL Fowler, Deputy Controller and Auditor-General.

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