1954-1955 — Page 29

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.