As bonds purchased on date t are redeemed on date t + 1, their gross receipts can be given to nonmovers only.
If so, could he tell us what are the total gross receipts he expects to get from these organisations?
As the gross receipts of the railways last year were £457 million, the loss represents a quarter of their gross receipts.
Since it was prepared improvements in wages and working conditions have increased costs, and gross receipts are less than expected.
That deduction was very properly taken off the gross receipts.
Turnover comprises gross receipts including investment and estate income, as well as trading receipts.
It should be taken from the gross receipts less certified programme expenditure.
The gross receipts are of the order of £1 million in that particular field.
