Statement No. 3-Income.

Part I-Income Account.

Previous Year

Current Year Previous Year

Current Year

$

$

$

$

I-12

293,332.57

Interest on Government Investments

4,228,449.34 I-1

Balance, net revenue...

6,122,363.83

(A) 372,657.02

I-14

776,000.00

Amortization of Re- habilitation Loan (C) 776,000.00

....

I-3

15,682.87

Interest on Deprecia- tion Reserves

(B) 27,804.97

}

28

1,069,332.57

3,174,799.64

Total

Balance

1,148,657.02

4,244,132.21

Total

6,150,168.80

5,001,511.78!

-

4,244,132.21

Total

Total

6,150,168.80

$5,309,211.78 $1,552,000.00

$3,757,211.78 @ 31% $131,502.41) $6,890,131.74 @ 31% $241,154.61}

$372,657.02

6,150,168.80

4,244,132.21

(A) Interest on Rehabilitation Loan up to 1949/50 Less Amortization of Rehabilitation Loan up to 1949/50

Interest on Special Expenditure up to 1949/50

(1939-47 $4,534,122.49)

$1,198,322.12) $1,157,687.13)

(B) Interest on Depreciation Reserves up to 1950/51 31% on $794,427.71.

(C)

Third instalment of the K.C.R. repayment over twenty five years of Rehabilitation Loan $19,400,000.00.*

(1948-49

(1949-50

*

This sum was reduced to $18,920,000.00 for the $1950/51 financial year.

Part II-Profit and Loss Account.

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