D—l

MAIN HIGHWAYS STATEMENT OF ACCOUNTS— continued Income and Expenditure Account for the Year ended 31st March, 1949, and Total to Date

74

• EXPENDITURE. Total for Year 1948-49. Total since Inception of Main Highways Act, 1922, to 81/3/49. INCOME. Total for Year 1948-49. Total since Inception of Main Highways Act, 1922, to 31/3/49. £ £ Net expenditure on construction, renewPublic Works Account: Capital 1,969,628 16,663,000 als, maintenance, &c. (see separate £ £ Securities redeemed, Loans Redemption Account 1,313,613 statement) 4,993,568 • 51,181,647 Consolidated Fund —Public Debt Repayment Administration — Account , , 55,720 Administration expenses (including salaries, travelling-expenses, office 1,969,628 18,032,333 rents, printing, stationery, postages, £ £ and miscellaneous expenses) 347,406 2,287,960 Revenue from the Consolidated Fund 3,660,396 Fees and travelling-expenses of memLess Commission on collection by bers of the Main Highways Board Post and Telegraph Departother than Government members .. 1,295 .. . 27,433 ment — Miscellaneous expenses — Motor - registration fees £ Advertising, maps, rent of halls, and licences .. 24,127 traffic tallies transport of samples, Fees for registration and depreciation of furniture, &c. .. 2,637 9,119 change of ownership .. 8,036 Compassionate grants to widows and 32,163 relatives of deceased employees 4,000 3,628,233 45,288,755 Compensation under section 3, Interest from investments 218,444 Public Works Amendment Act, Interest from local authorities on plant purchased 1?25. 1,015 on their behalf 4,781 49,828 Exchange on remittances 9,887 Interest on advances to local authorities 1,650 50,895 Grant to Transport Department Miscellaneous receipts 4,685 45,736 towards Traffic inspection 42,906 Rent of and tolls from ferries 2,082 Penological laboratory and other experimental work, expenses of.. 2,081 24,885 Total, administration .. 353,419 2,407,205 Loan charges — Charges and expenses of raising loans, management charges of Consolidated Stock on account of Construction Fund, &c. 88,080