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STATEMENT No. 10 Railway Employees' Sick Benefit Society

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Income and Expenditure EXPENDITURE. 1945-46. 1944-45. INCOME. 1945-46. 1944-45. Sick benefits paid to members Balance, being excess of income over expenditure for the year £ 48,683 1,516 £ 48,796 36 Contributions Entrance fees Interest on investments Subsidy as per section 5, subsection (1), of Government Railways Amendment Act, 1928, and section 26 of the Statutes Amendment Act, 1944, charged to Working Railways Account Donation .. .... £ 24,627 107 214 25,200 1 £ 32,333 116 133 16,250 50,149 48,832 50,149 48,832 ; Accumulated funds brought forward on 1st April Excess of income over expenditure 7,970 1,516 7,934 36 Balance accumulated funds as at 31st March 9,486 7,970 9,486 7,970 9,486 7,970 Balance-sheet Liabilities Accumulated funds Sick pay due not paid £ 9,486 4 £ 7,970 41 Assets Investments Contributions outstanding at 31st March Cash in Working Railways Account £ 6,944 27 2,519 £ 1,730 28 6,253 9,490 8,011 • 9,490 8,0U