1977-1978 — Page 27

6.

INCOME FROM POSTAL SERVICES AND OTHER GOVERNMENT USE

This represents the income from carriage of postal freight and special trains or facilities provided for Government purposes.

7.

INTEREST

This item includes interest on Treasury Current Account calculated at a rate of 7 per cent per annum on the average balance at the beginning and the end of the financial year.

1978 $'000

1977 $'000

Interest on bank account

19

25

Interest on Treasury Current Account

518

803

537

828

8.

STAFF COST

This item is the staff salaries and fringe benefits.

9.

GENERAL OPERATING EXPENSES

Fuel, light and power

Stores and equipment

Maintenance

Rates

Duty

Provision for insurance

1978

1977

$'000

$'000

3,006

2,729

536

569

6,720

4,775

842

629

1,266 200

1,123

200

12,570

10,025

10. CONTRACTOR'S WORK ON GOODS SERVICES

This is the cost of the unloading and handling of terminal trains at freight yards.

11. ADMINISTRATION

An administration overhead charge has been included to reflect the cost of central administration which is concerned with

(i) the establishment of policies within which Departments must

work; and

(ii) the provision of appropriate resources with which Departments

will be expected to operate.