1958-1959 — Page 23

Dr.

Last Year

$

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31st March, 1959

APPENDIX IV

Cr.

This Year

$

4,151,794.00

92,979.21

338.28

4,245,111.49

$4,245,111.49

Interest

This Year

$

Last Year

(A) 719,663,90

...

776,000.00

3,875,725.40

500,000.00

+9

4.48

1,995,668.38

196,548.00

56.94

4,072,330.34

2,249,443.11 $4,245,111.49

By Profit on Operating Account, brought forward

••

Sale of Capital Assets, Surplus Stores and Scrap

Profit on Stores

Total

Deficit carried to Appropriation

Account

$4,072,330.34

Loan, etc.

$

744,770.59

776,000.00 500,000.00

To Interest on Government Loans, etc.

Amortization of Rehabilitation Loan Depreciation Provision

"

5.55

Losses on Stores

27

2,020,776.14

2,051,554.20

$4,072,330.34

""

Total

Surplus carried to Appropriation Account..

18

Loan Statement

Rehabilitation Loan Deduct

Amortization to 1957/58 @ $776,000.00 per annum.

14,775,402.10

7,760,000.00

Balance $ 7,015,402.10 @ 34% p.a.

245,539.07

Special Expenditure:

1939 - 1957 1957-1958

$

21,487,757.78

2,058,666.03

$

23,546,423,81

Deduct

$

Amortization : 1952- 53

5,000,000.00

1957 - 58

1958 - 59

3,000,000.00 2,000.000.00

10,000,000.00

Balance $13,546,423.81 @ 34% p.a.

474,124.83

(A) $719,663.90

Dr.

APPROPRIATION ACCOUNT

Cr.

Last Year

This Year

$

Last Year

$

This Year

To Deficit from previous years, brought

forward

"

3,000,000.00

3,000,000.00

Deficit from Profit and Loss Account Amortization of Special Expenditure

4,422,051.08 2,051,554.20

By Surplus from previous years, brought forward

3,473,605,28

99

Surplus from Profit and Loss Account...

2,249,443,11

2,000,000.00

Total

2,000,000.00

6,473,605.28

Total

5,723,048.39

3,473,605.28

$6,473,605.28

"

Surplus carried forward to Balance Sheet

3,723,048.39

Deficit carried forward to Balance Sheet

"

$5,723,048.39

$6,473,605.28

$5,723,048.39