24.
Statement No. 3—Income.
Part 1-Income Account.
Previous year
Current year
Previous year
$
I- 8
Balance, net loss
$
3,595,901.05
I-1
Balance, net revenue
Current year
$
4,228,449.34
238,687.52
I-12
Interest on Government
Investments
(A) 293,332.57
11,292.25
I-3
Interest on Depreciation
Reserves
(B) 15,682.87
776,000,00
I-14
Amortization of Rehabilita-
tion Loan
(C) 776,000,00
1,014,687,52
2,592,505.78
Total
Balance
1,069,332.57
3,174,799.64
3,607,193.30
Total
4,244,132.21
3,607,193.30
Total
4,244,132.21
3,607,193.30
Total
4,244,132.21
$3,424,486.07 776,000.00
(A) Interest on Rehabilitation Loan up to 1948/49
Less Amortization of Rehabilitation Loan in 1948/49
Interest on Special Expenditure up to 1948/49 (1939/47 $4,534,122.49) (1948/49 $1,198,322.12)
$2,648,486.07 @31% $ 92,697.01 $5,732,444.61 @ 31% $200,635.56
(B) Interest on Depreciation Reserves up to 1949/50 34% on $448,082.00. (C) Second instalment of the K.C.R. repayment over twenty five years of Rehabilitation Loan $19,400,000.00.
Part II-Profit and Loss Account,
Previous year
55,363.45
PL-5
PL-6
Balance of the year
Loss on property retired
55,363.45
2,587,142.33
Total
Balance
2,592,505.78
Total
Previous year
$
$293,332.57
Current year
Previous year
$
$
2,592,505.78
PL-1
Balance of the year
2,592,505.78
3,174,799.64
3,174,799.64
2,592,505.78
Part III-Surplus Appropriation Account.
1,722,523.93
S4
S-5
Deficit for the year
Deficit from previous year
1,722,523.93
814,618.40
2,537,142.33
Total
Current year
$
3,174,799.64
3,174,799.64
Total
3,174,799.64
Current year Previous year
Current year
$
2,537,142.33
S-1
S-2
Surplus for the year
Surplus from previous year..
$
3,174,799.64
814,618.40
Total
3,989,418.04
Total
2,537,142.33
Surplus carried to Bal, Sheet
3,989,418.04
Total
3,989,418.04
2,537,142.33
}
Deficit carried to Bal. Sheet
Total
3,989,418.04
Page 25Page 26
Balance at beginning
of year