asked the Minister for Posts and Telegraphs if he will state in respect of the years 1957/58 and 1958/59 the profit or loss involved in the postal, telegraph and telephone services on the same basis as calculated in a reply of 20th February, 1958.
Written Answers. - Postal, Telegraph and Telephone Services.
32.
The profit or loss on each service in 1957/58 as shown in the published commercial accounts was as follows:—
|
(Profit (+) or Loss (-)) |
|||
|
Year |
Postal Service |
Telegraph Service |
Telephone Service |
|
£ |
£ |
£ |
|
|
1957-58 |
+104,999 |
–177,556 |
+366,377 |
Sufficient information is not available yet to prepare commercial accounts for 1958/59 and to determine profits or losses.
The following is an estimate based on the information at present available:—
(Profit (+) or Loss (-))
|
Year |
Postal Service |
Telegraph Service |
Telephone Service |
|
£ |
£ |
£ |
|
|
1958-59 |
–40,000 |
–160,000 |
+400,000 |
|
(Estimated) |