Call our Sales Team on 0208 912 2120

Northern Ireland Transport Board's Results_

8th December 1944
Page 28
Page 28, 8th December 1944 — Northern Ireland Transport Board's Results_
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

THE report of the Northern Ireland Road Transport Board for the year ended September .30, 1944, shows an operating profit of £382,713, after setting aside -£225,000 for depreciation (£151,155 on the passenger-vehicle side and £73,845 on the freight-vehicle side) and providing for war damage insurance.

The gross traffic receipts, which were the highest in the history of the Board, amounted to £3,012,366, compared

A20 with 42,886,343 in the previous year. The expenditure, including provision for depreciation, totalled £2,629,653, against £2,517,958.

To the operating profit of £382,713 has to be added the net figure of £5,121 in respect of miscellaneous receipts, making a total of £387,834; the corresponding figure for the previous year was I:1373,537.

After deductions for pensions, taxation liability,. etc,, and other appro. priations, and charging the year's interest on the loans advanced by the Ministry of Finance, there remains a surplus of £17,140, which reduces the debit balance of £315,837 brought forward from last year to £298,697, which is carried forward to next year's accounts.

The number of employees in the service of the Board at the end of the year coyered by the report was 5,097,

comments powered by Disqus