D—l

MAIN HIGHWAYS STATEMENT OF ACCOUNTS— continued Income and Expenditure Account for the Year ended 31st March, 1950, and Total to Date

66

"■■'" Total since EXPENDITURE. Total for Year 1949-50. Total since Inception of Main Highways Act, 1922, INCOME. Total for Year 1949-50. Inception of Main Highways Act, 1922, to 31/3/50 to 31/3/50. £ £ £ £ Net expenditure on construction, renewPublic Works Account: Capital 2,306,597 18,969,597 als, maintenance, &c. (see separate Securities redeemed, Loans Redemption Account 1,313,613 statement) 5,192,131 56,373,778 Consolidated Fund —Public Debt Repayment Administration — Administration expenses (including Account 55,720 salaries, travelling-expenses, office 2,306,597 20,338,930 rents, printing, stationery, postages, £ £ and miscellaneous expenses) .. 406,681 2,694,641 Revenue from the Consolidated Fund 3,844,046 Fees and travelling-expenses of memLess Commission on collection by bers of the Main Highways Board Post and Telegraph Departother than Government members .. 1,407 28,840 ment — Miscellaneous expenses — Motor - registration fees £ Advertising, maps, rent of halls, and licences .. 34,386 traffic tallies, transport of samples, Fees for registration and depreciation of furniture, &c. .. 777 9,896 change of ownership .. 9,283 Compassionate grants to widows and 43,669 relatives of deceased empl oyees 4,000 3,800,377 49,089,132 Compensation under section 3, Interest from investments 218,444 Public Works Amendment Act, Interest from local authorities on plant purchased 1925 1,015 on their behalf 6,934 56,762 Exchange on remittances 9,887 Interest on advances to local authorities 2,280 53,175 Grant to Transport Department Miscellaneous receipts 6,845 52,581 towards Traffic inspection 42,906 Rent of and tolls from ferries 2,082 Petrological laboratory and other experimental work, expenses of.. 1,647 410 512 26,532 n , . , . . , ,. 2,817,717 .Lotal, administration . • Loan charges — Charges and expenses of raising loans, management charges of Consolidated Stock on account of Construction Fund, &c. 88,080