3- Profit and Loss Account.
Appendix IV
$1,440,537.05 By Balance, nett Operating Revenue By Sale of Capital Assets, surplus stores and scrap. By Profit on Stores
Current Year
Previous Year
$530,320.87
776,000.00
500,000.00
136.44
$1,806,457.31
$1,806,457.31
43,857.79
$1,484,394.84 332,127.09
$1,816,521.93
Total.
Balance
Cr.
Current Year
$915,257.36
61,055.77
12,297.56
$988,610.69
817,846.62
$1,806,457-31
Statement No. No.
3
Dr.
Previous Year
$540,521.93 To Interest on Govt. Investments (A) 776,000.00 To Amortization of Rehab. Loan (B) 500,000.00 To Depreciation Reserves
$1,816,521.93
To Losses on Stores
Total.
$530,320.87
$10,119,402.10 @ 31% $354,179.071 5,032,622.90 @ 34% 176,141.80.
(A) Interest on Rehabilitation Loan up to 1953/54... Less Amortization of Rehabilitation Loan up to 1953/54...
$14,775,402.10 4,656,000.00
$1,816,521.93
25
Interest on Special Expenditure up to 1953/54
1939-53 $9,601,634.44
5,000,000.00
$5,032,622.90
(B) Seventh instalment of the K. C. R. repayment over twenty five years of Rehabilitation Loan $19,400,000.00* Actual amount spent on Loan Funds $14,775,402,10
*
Surplus Appropriation Account.
1953-54
430,988.46
$10,032,622.90
Less Amortization in 1952/53.
Cr.
Current Year
Previous Year
Current Year
$817,846.62
By Surplus for the Year...
$ 817,846.62 2,153,577.59
$2,971,424.21
$3,303,551.30
$3,303,551.30 By Surplus from previous year........ Total.
$2,971,424.21
$2,971,424.21
$3,303,551.30
$2,971,424.21
Dr.
Previous Year
$332,127.09 To Deficit for the year
S 332,127.09
2,971,424.21
$3,303,551.30
Total...
Surplus carried forward to Bal. Sht.