D—2

STATEMENT No. 10 Rilway Employees' Sick Benefit Society

24

Income and Expenditure EXPENDITURE. 19-16-47. 1915-46. INCOME. 1916-47. 1945-46. Sick benefits paid to members Balance, being excess of income over expenditure for the year £ 52,280 £ 48,633 1,516 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 Balance, being excess of expenditure over income for the year Accumulated funds brought forward on 1st April Excess of income over expenditure £ 25,681 278 225 24,580 1^522 £ 24,627 107 214 25,200 1 52,286 50,149 52,286 50,149 Excess of expenditure over income Balance accumulated funds as at 31st March 1,522 7,964 9,486 9,486 7,970 1,516 9,486 9,486 9,486 9,486 Balance-sheet Liabilities Accumulated funds Sick pay due not paid £ 7,964 16 £ 9,486 4 Assets Investments Contributions outstanding at 31st March Cash in Working Railways Account £ 7,169 21 790 £ 6,944 27 2,519 7,980 9,490 7,980 9,490