BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1934-35. AUDITED ACCOUNTS. (Presented to Parliament in Terms of Section 57 of the Finance Act, 1932.)

Appendix to the Journals of the House of Representatives, 1935 Session I, B-01-part04

B.—l [PT. IY].

1935. NEW ZEALAND.

BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1934-35. AUDITED ACCOUNTS. (Presented to Parliament in Terms of Section 57 of the Finance Act, 1932.)

I—B.1 —B. 1 [PT. IV],

B.—l [Pt. IV).

CONTENTS.

PAGE Administration of Western Samoa .. .. 3 Agriculture Department— Moumahaki Endowment Account .. .. 4 Orchard-tax, 1927, Deposit Account .. .. 6 Weraroa Agricultural Endowment Account .. 7 Audit Department .. .. « .. .. 8 Bank of New Zealand Shares Account .. .. 8 British Phosphate Commissioners .. .. 5 Cheviot Estate .. .. .. 53 Cook Islands Department .. .. .. 9 Crown Law Office .. .. .. 10 Customs Department .. .. .. .. 11 Defence Department . .. .. .. 12 Discharged Soldiers Settlement Account .. .. 17 Education .. .. .. .. .. 129 Electoral Department .. .. .. 29 Electric Supply Account .. .. .. 21 EUesmere and Forsyth and Akaroa Railway Trust Account .. .. .. .. ' .. 76 General Purposes Relief .. .. 30 Government Fire Insurance Fund .. .. 31 Government Life Insurance Department .. .. 32 Government Stores Marine Insurance Fund .. 33 Greymouth Harbour Board—Special Coal Rate .. 33 Hauraki Plains Settlement Scheme .. .. 34 Hutt Valley Lands Settlement Scheme .. .. 53 Internal Affairs Department .. .. 35 Kauri-gum Industry Account .. .. .. 31 Land and Deeds Department .. .. 38 Land and Income Tax .. .. 39 Land for Settlements Account .. .. .. 53 Lands and Survey Department— Auckland Museum Endowment Account .. 40 Bluff Harbour Endowment Account .. .. 40 Clutha River Trust Account .. .. 41 Geraldine County River District Account . . 41 Gore High School Endowment Account .. 42 Greymouth Technical and Hokitika High Schools Account .. .. .. .. 46 Hunter Soldiers' Assistance Trust Deposit Account .. .. .. .. 13 New Zealand University Endowment (Westland) Account .. .. .. .. 45 North Island Experimental Dairy School Account .. .. .. .. 45 Otago Boys' and Girls' High Schools Endowment Account .. .. . . .. 46 Otago University Endowment Account .. 47 Primary Education Endowment Deposit Account 48 Secondary Education Endowment Deposit Account .. .. .. .. .. 49 Taranaki Scholarship Endowment Account .. 50 Victoria College Endowment Account .. .. 50 Waipiata - Hamiltons Library Endowment Account .. .. .. .. .. 51 Wairoa Harbour Endowment Account .. 51

PAGE Lands and Survey Department—continued. Wanganui Harbour Endowment Account . . 6.1 Wanganui River Trust Account .. .. 52 Legislative .... .. .. .. 57 Main Highways Account .. .. 58 Marine Department .. .. .. 62 Mines Department .. .. .. 66 Mining Advances Account .. .. .. 67 Miscellaneous Advances from Consolidated Fund Account ~ .. .. .. 68 National Endowment Account .. .. 44 National Provident Fund .. .. .. 68 National Provident Fund and Friendly Societies Department .. .. .. .. 69 Native Trustee . . .. .. .. 126 Nauru and Ocean Islands Account .. .. 5 Naval Defence .. .. .. 70 New Zealand Broadcasting Board .. .. 71 Prime Minister's Department .. .. .. 72 Printing and Stationery Department .. .. 72 Public Debt Redemption Fund .. .. .. 74 Public Service Superannuation Fund .. .. 75 Railways Department .. .. .. 78 Railways Superannuation Fund .. .. 85 Rangitaiki Land Drainage Scheme .. .. 88 Reserve Fund Account .. .. 89 Samoan Loan Suspense and Sinking Fund Account 89 Scenic Reserves Account .. .. .. 90 Small Farms Scheme .. .. .. . . 91 Stamp Duties Department .. .. .. 92 State Advances Office—Settlers Branch .. .. .. .. 94 Rural Advances Branch .. .. .. 96 Workers Branch .. .. .. .. 97 Local Authorities Branch .. .. .. 98 Public Debt Sinking Funds Branch .. .. 99 Advances Office Sinking Fund Account .. 100 Housing Account .. .. .. 101 Loans to Employers for Workers' Dwellings Account .. .. .. .. .. 102 Fruit-preserving Industry Advances Account .. 104 Cold Storage Advances Account .. .. 105 Fishing Industry Promotion Account .. .. 103 Repatriation .. .. .. .. 106 State Balance-sheet as at 31st March, 1934 .. 93 State Coal-mines .. .. .. .. 107 State Fire Insurance Office .. .. 112 State Fire Insurance Office—Accident Branch .. 113 State Forest Service .. .. .. ..114 Swamp Land Drainage Schemes .. .. 118 Taranaki Maori Trust .. .. .. .. 127 Teachers' Superannuation Fund .. .. 121 Transport Department .. .. .. 123 Treasury Department .. .. .. 124 Westport Harbour Account .. .. .. 125 Waihou and Ohinemuri Rivers Improvement Scheme 77

THE FOLLOWING ACCOUNTS WERE NOT AVAILABLE FOR PRINTING IN THIS PUBLICATION AND WILL BE INCLUDED IN A SUPPLEMENT.

Agriculture Department— Departmental. Ruakura Farm of Instruction. Arawa District Trust Board. External Affairs Department. Health Department. Immigration. Industries and Commerce, Tourist and Publicity. Justice and Prisons Department. Labour Department. Lands and Survey Department-— Crown Lands. Departmental. Surveys of Native Land. Mental Hospitals Department,

Native Department—• Departmental. District Maori Land Boards. Maori Purposes Fund. Native Land Development Schemes. New Zealand Reparation Estates. Pensions Department. Police Department. Post and Telegraph Department. Public Service Commissioner's Office. Public Trust Office. Public Works Department: Departmental. Scientific and Industrial Research Department. State Balance-sheet as at 31st March, 1935. Tuwharetoa Trust Board. Unemployment Board. Valuation Department,

B.—l [PT. IV].

ADMINISTRATION OF WESTERN SAMOA. Revenue Account foe the Year ended 31st March, 1935. Expenditure. & g . d . By Bducation Department 19 8 * * * To Education e P^ ent ' 5 6 iSf Department' 147 11 3 Government House .. , « Medical Department .. 7,951 10 4 M- J 3 ~2 9 'S SSw lii!i « " 8 Postal and Radio Department. . 4,665 13 i 1 • • 57,138 610 Public Works Department 8,591 16 8 me .. 79 663 13 10 Depart- Balance of Revenue Account .. .. 7,445 6 8 ment .. • • • • 7,099 110 Interest and sinking fund on public debt .. • • 9 > Boo 9 ?0 j Amount required to increase Bad Debts Reserve to estimated figure •• • • •• 2,941 Depreciation—Buildings, plant, machinery, and „ furniture 8 ' 394 8 - £87,109 0 6 £87,109 0 6 Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ S. d. £ s. d. 19K /(QK 11 fl Capital Account ' ' St? = " CI "S«" J "iī:: :: :: :: tS* J poses .. •• ' ' Buoys, beacons, and moorings .. .. 1,141 0 0 Less 4J per cent Loan under veliioleg 2,338 19 10 Finance , , - Arms and accoutrements ... • • • • 753 13 0 tion 4, redeemed out of Fire-fighting appliances 304 19 4 ', ng .^™/ 7 /K7 q 000 Furniture and fittings .. •• •• 10,105 13 6 /i! w a^ Ur -+ y 9«/s/>57 rw Mechanical office appliances .. .. •• 395 7 0 (2) Maturity 26/8/57 1,33 Medical and technical instruments and equipment 1,871 211 ' 131,710 0 0 Libraries .. .. •• •• •• 393 10 10 n i rt Loose tools . . . • ■ • • • • • b!4 Z 7 Sundry creditors Saddlery and harness .. . • • • 110 4 1 Ordinary . • • ■ • • „ " „ ~ r = atoc k .. . . .. .. 354 2 6 Lands purchased .. •• 3 ,500 (J g Consumab l e stores 11,779 13 11 i qo ono 0 0 Investments — . Samoan currency notes .. •• 2 ' ooo q 0 New Zealand Government — £ s. d. Less unissued notes .. •• , > 30,000 0 0 Public Debt Sinking Fund .. 0 17 , , . , ' Samoan currency .. .. 32,000 0 0 Coolie Labour Account- Assets replacement .. 4,000 0 0 Transportation Fund .. • • ( 1 Ordinary revenue .. .. 3,350 0 0 Sundry creditors .. • • « Bank of New Zealand> ApiaSundry deposits held . . .. 810 6 Fixed deposits .. .. 1,910 17 0 Bad Debts Reserve .. •• 7,903 15 7 Mortgage over freehold in Apia.. 356 16 4 t i o jTT ' Post Office Savings-bank, Apia— Post Office Savings-bank Sundry 4 Deposits .. .. .. 462 5 8 depositors .. • • • • • • ' — 42,080 0 7 Sundry deposits— .Coolie Labour AccountsHeld by Treasury ■ • *>?<<> f ° Investments In departmental Trust Accounts w5B 2,631 14 5 Fixed deposit, Bank of New . . _ 41'370 14 6 Zealand, Apia .. 1,089 3 0 Depreciation Reserve •• •• •• 0 17 New Zealand Government .. 1,150 0 0 Loans Sinking i und .. •• •• •• 3 Mortgage on freehold properties Bad Debts Reserve '' i' iqa 1 8 in Samoa . • • • 789 7 6 Reserve for writings-ofl in Suspense .. •• 1,130 1 8 m Samoa 3,028 10 6 Cash in Bank of New Zealand, Apia 909 18 1 Sundry debtors .. • • 3,959 16 1 Interest on investments accrued butnotdue '• •' 7,903 15 7 Post Office Savings-bank — Investments in New Zealand . . 40,016 0 0 Cash in Bank of New Zealand, 4nin . • • 688 4 4 P " 40,704 4 4 Sundry debtors — ' Ordinary •• •• •• 11,274 010 Tulaele Farm—Deferred principal 556 5 0 —-— lljOoU O IU Sundry advances .. •• •• •• 6 1® I 9 ® Payments in advance •• •• °7 14 b Interest on investments accrued but not due .. l«n> 15 1U Writings-ofi in Suspense Account .. • • 1,130 1 8 Cash and bank balances — £ s - d. Cash in hand, Resident Commissioner, Savaii • • • ■ 24 1 1 Cash in Deposits Account, New Zealand Treasury .. •• 2,361 9 0 Bank of New Zealand, Apia, and £ s. d. Wellington . • 4,017 14 7 Less Coolie Labour Ac - count above 909 18 1 3,107 16 6 Imprest Account, London .. 1,913 10 8 Deposits held in Departmental Trust Accounts .. • • 258 11 9 Remittances in transit .. 21 10 0 Balance Revenue Account for year .. 7,445 6 8 £45M32JJ W. J. Crowther, Treasurer of Samoa. Examined and found correct.-J. H. Fowler, Deputy Controller and Auditor-General.

3

B. —1 [Pt. IV].

DEPARTMENT OF AGRICULTURE. MOUMAHAKI ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments. £ s. d. To Balance: Cash in Treasury Deposit By Administration expenses under section 4, Land Account at Ist April, 1934— £ s. d. £ s. d. Laws Amendment Act, 1927 .. .. 35 17 3 Revenue .. .. .. 89 11 8 Refund to vote " Agriculture" of expenditure in Capital .. .. .. 994 12 10 agricultural instruction under section 130 (3), 1,084 4 6 Reserves and other Lands Disposal and Public Rents .. .. .. .. .. 717 3 9 Bodies Empowering Act, 1924 .. .. 714 8 3 Interest on investments .. .. .. 34 0 0 Balance: Cash in Treasury Deposit Account at 31st March, 1935— £ s. d. Revenue .. .. .. 90 9 11 Capital .. .. .. 994 12 10 1,085 2 9 £1,835 8 3 £1,835 8 3 Revenue Account for the Year ended 31st March, 1935. m . . Dr - . , £ s - d - or ■ £ s. d. To Administration expenses under section 4, Land By Balance brought forward .. .. .. 2,233 17 0 Laws Amendment Act, 1927 .. .. 35 17 3 ' Accrucd rent .. .. .. .. 783 5 8 Expenditure in connection with agricultural Interest on investments .. .. .. 34 0 0 instruction under section 130 (3) of Reserves and other Lands Disposal and Public Bodies Empowering Act, 1924 .. .. .. 714 8 3, Remissions of rent — £ s. d. Court Order .. .. .. 593 7 4 Land Board .. .. .. 88 0 0 681 7 4 Balance carried forward .. .. .. 1,619 910 £3,051 2 8 £3,051 2 8 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s . d. Capital .. .. .. .. .. 22,365 4 6 Land : Capital value of leases .. .. .. 19,900 0 0 Rents charged in advance .. .. .. 220 0 0 Buildings: Sundry debtors for sale of .. 1,349 2 0 Revenue Account .. .. .. .. 1,619 910 Motor-cars and sundry assets .. .. .. 511 0 Sundry debtors — £ s. d. Rents and buildings interest .. 1,639 7 0 Instalments on buildings .. 83 14 4 1,723 1 4 Postponed under Court Order — Principal on buildings .. 37 15 4 Rent .. ' .. .. 100 0 0 137 15 4 Interest accrued but not due on investments .. .. .. .. 4111 Cash in Treasury Deposit Account at 31st March, 1935 — Revenue .. .. .. 90 9 11 Capital investments .. .. 850 0 0 Cash .. .. .. .. 144 12 10 1,085 2 9 £24,204 14 4 £24,204 14 4 A. S. Houston, Accountant, Department of Agriculture, Wellington. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — J. H. Fowler, Deputy Controller and Auditor-General.

4

B.—l [PT. IV],

DEPARTMENT OF AGRICULTURE —continued. NAURU AND OCEAN ISLANDS ACCOUNT. Revenue Account fob the Yeae ended 31st March, 1935. Dr £ r. d. Or. £ s. d. To Interest on debentures 15,684 3 9 By Annual payment from the British Phosphate Administration charge .. .. " •• 500 0 0 Commission dō,S4S II Z Audit fee .. .... .. 500 Balance to Appropriation Account .. .. 19,659 7 5 £35,848 II 2 £35,848 II J> Appropriation Account for the Year ended 31st March, 1935. £ s. d. s - To Redemption of debentures .. .. ■■ 47,725 0 0 By Balance, Ist April, 1934 .. .. •• 51 > Balance, 31st March, 1935 .. .. •• 23,856 010 Revenue Account .. .. .. . . 19,659 7 5 £71,581 0 10 £71,581 0 10 Balance-sheet as at 31st March, 1935. Liabilities. ssels. fVmital— ' £ 8- d. £ s. d. Share (16 per cent.) Nauru and Ocaan Islands £ s. d. Debentures at 3i per cent. .. 402,275 0 0 phosphate rights (at cost) . .. •• 565,040 0 0 Debentures at 4 per cent. .. 29,200 0 0 Proportion of annual payment from British 431,475 0 0 Phosphate Commission, accrued but not due .. 2b,5»b » o Interest accrued but not due 3,033 17 5 Cash (Loans Redemption Account) .. .. 3 910 Reserve Account .. .. .. •• 133,565 0 0 Appropriation Account .. .. •• 23,856 010 £591,929 18 3 £591,929 18 3 NOTES—(I) New Zealand's share of the profits earned by the Commission has been used for capital developments, but is not included in these accounts; (2) the accounts of the British Phosphate Commission for the year ended 30th June, 1934, are published herewith. Houston, Accountant, Department of Agriculture, Wellington. I hereby certify that the Revenue Account ancl Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J. H. Fowler, Deputy Controller and Auditor-General. THE BRITISH PHOSPHATE COMMISSIONERS. Trading Account for the Year ended 30th June, 1934. Dr _ £ s. d. Cr. £ s. d. To F.o.b. cost of phosphate, including interest on By Balance brought forward, Ist July, 1933 .. 5,895 17 0 capital, contribution to a sinking fund for Phosphate sales and sundry credits, less freight the redemption of capital, and other charges and insurance, &c. .. .. " ' J » ,a in accordance with Article 11 of Agreement of the 2nd July, 1919 .. .. •• 726,034 5 8 Balance carried forward .. .. •• 9,618 17 1 £735,653 2 9 £735,653 2 9 Balance-sheet as at 30th June, 1934. Liabilities. £ s. d. Assets. United Kingdom Government . . .. 1,375,870 17 1 Nauru and Ocean Island phosphate rights, £ s. d. Commonwealth Government .. •• 1,375,870 17 1 buildings and plant, steamers, and investNew Zealand Government 524,141 7 0 ments less reserves for depreciation and other charges m accordance with Article 11 3,275,883 1 2 of Agreement of the 2nd July, 1919 .. 2,913,173 7 9 Sinking fund for redemption of capital .. 255,616 18 10 Sundry debtors and bills receivable .. .. 185,574 15 8 Sundry creditors and outstandings .. .. 302,044 14 0 Voyages m progress •• •• 4,882 17 6 Government Appropriation Account .. 3,411 6 5 Phosphate and goods m transit .. 06,052 17 5 Trading Account, balance carried forward .. 9,618 17 1 Stocks at Nauru, Ocea,n Island, and elsewhere... s Cash at banks and m hand .. .. 433,079 14 10 £3,846,574 17 6 £3,846,574 17 6 We have examined the foregoing Balance-sheet with the books and vouchers of the British Phosphate Commissioners and the audited accounts from London. We have accepted the certificates of officers of the Commissioners for the valuation of the stocks. We have obtained all the information and explanations we have required. In our opinion the Balance-sheet is properly drawn up so as to exhibit a true and correct view of the state of the Commissioners' affairs according to the best of our information and the explanations given to us and as shown by the books of the Commissioners. —Kent, Brierley, and Sully, Chartered Accountants (Aust.), Auditors.

5

B.—l [PT. IV]

DEPARTMENT OF AGRICULTURE—continued. -THE ORCHARD TAX ACT, 1927, DEPOSIT ACCOUNT. Revenue Account fob the Yeab ended 31st March, 1935. Eposes i Fireblight-tax under Section 4. Tax I — ;— — Total. section's Waimea. Gisborne. Marlborough. Christchurch. Bangiora. Expenditure. £ s. d. £ a. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Expenses of collection . . .. 338 66 715 6 110 390 986 240 362 4 6 Balance to Appropriation Account .. .. 480 7 2 .. 18 10 6 52 14 8 .. 551 12 4 338 6 6 488 2 8 1 1 0 21 19 6 62 3 22 4 0 913 16 10 Income. £ s, d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Tax levied under sections 3 and 4 (in- .. 534 13 6 .. 23 19 9 66 910 .. 625 3 1 eluding penalty) Less penalties allowed on prompt .. 46 10 10 . . 2 0 3 4 6 8 .. 52 17 9 payment 488 2 8 .. 21 19 6 62 3 2 .. 572 5 4 Balance to Appropriation Account .. 338 66 .. 110 .. .. 240 341 11 6 338 6 6 488 2 8 110 21 19 6 62 3 22 4 0 913 16 10 Appropriation Account fob the Yeab ended 31st Mabch, 1935. Sposes Fireblight-tax under Section 4. Tax Total. Section 3 Waimea. Gisborne. Marlborough. Christchurch. Bangiora. I Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Tax irrecoverable, written oft .. 14 12 0 269 0 44 .. 100 236 20 67 Fruitgrowers' Federation and Fireblight 535 18 10 673 19 0 5 5 9 39 12 11 51 13 1 42 5 1 1,348 14 8 Committee Revenue Account .. .. .. 338 66 .. 110 .. .. 240 341 11 6 Balance .. .. .. .. .. 541 3 10 .. 31 11 2 62 12 3 .. 635 7 3 888 17 4 1,217 9 7 611 1 71 4 1 115 5 4 46 12 7 2,346 0 0 Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Balance, Ist April, 1934 .. .. 781 12 2 737 2 5 611 1 52 13 7 62 10 8 46 12 7 1,687 2 6 Revenue Account .. .. .. .. 480 7 2 .. 18 10 6 52 14 8 .. 551 12 4 Balance .. .. .. .. 107 5 2 . . .. .. .. .. 107 5 2 888 17 4 1,217 9 7 611 1 71 4 1 115 5 4 46 12 7 2,346 0 0 Balance-sheet as at 31st March, 1935. Purposes Pireblight-tax under Section 4. Tax —— Total. section's Waimea. Gisborne. Marlborough. Christchurch. Bangiora. Liabilities. £ s. d. £ g. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Creditors : Departmental . . .. 275 12 0 715 6 .. 119 0 6 8 6 .. 291 15 0 Suspense Accounts .. .. .. 719 1 .. .. .. .. .. 719 1 Appropriation Accounts .. .. .. 541 310 .. 31 11 2 62 12 3 .. 635 7 3 283 11 1 548 19 4 .. 33 10 2 69 0 9 .. 935 1 4 Assets. Sundry debtors — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Departmental .. .. .. 014 3 15 0 5 .. 010 0 17 17 4 .. 34 2 0 General .. .. .. 54 17 0 31 3 4 .. 1 1 6 22 15 1 .. 109 16 11 Cash in Deposit Account .. .. 120 14 8 502 15 7 .. 31 18 8 28 8 4 .. 683 17 3 Appropriation Account .. .. 107 5 2 .. . . . . . . . . 107 5 2 283 11 1 548 19 4 .. 33 10 2 69 0 9 . . 935 1 4 A. S. Houston, Accountant, Department of Agriculture, Wellington. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowleb, Deputy Controller and Auditor-General.

6

B. —1 [PT. IV].

DEPARTMENT OF AGRICULTURE —continued. WERAROA AGRICULTURAL ENDOWMENT ACCOUNT. Receipts and Payments Account fob the Yeae ended 31st March, 1935. Receipts. Payments. £ s, d. To Balance in Treasury Deposit By Administration expenses •• •• 60 18 4 Account at Ist April, 1934— £ s. d. £ s. d. Balance m Treasury Deposit Capital 772 6 0 Account, 31st March, 1935- £s d^ Revenue .. . • • • 2,659 7 8 Capital .. .. "97791911 — — 3,431 13 8 Revenue .. .. •• 3,772 12 11 Rents from leases .. 1,150 3 7 4,544 18 11 Interest on investments .. • • 24 0 0 £4,605 17 3 £4,605 17 3 Revenue Account foe the Yeae ended 31st Maech, 1935. Dr £ s - d - Cr ■ _ f no , s ; d ; To Administration expenses under section 4, Laud By Balance brought down from previous year .. 7,498 14 5 Laws Amendment Act, 1927 .. .. 57 10 2 Accrued rents and interest on buildings .. 1,879 15 4 Remissions rent (Land Act, 1924) .. .. 2,551 10 4 Interest on investments 24 0 0 Balance carried forward .. .. .. 6,793 9 3 £9,402 9 9 £9,402 9 9 Balance-sheet as at 31st Maech, 1935. Liabilities. £ s. d. Assets. ■■ Pani+nl .. .. 37,822 8 7 Endowment lands — £ s. a. t s. a. Rents charged in advance !! •• 462 0 0 Leased 34,775 0 0 Revenue Account .. .. .. 6,793 9 3 Unleased 90 0 0 34;865 0 0 Sundry debtors — Sale of buildings not yet payable .. •• 2,847 lb 0 Principal instalments on buildings .. .. 469 8 0 Rent .. 1.148 4 9 Postponed rent (Land Act, 1924) .. .. 1, 196 4 2 Administration expenses .. .. • • 3 8 2 Interest accrued but not due on investments .. 2 17 10 Cash in Treasury Deposit Account on 31st March, 1935 — Capital— £ s ' d. Cash 172 6 0 Investments . • • • 600 0 0 Revenue .. •• •• 3,772 12 11 4,544 18 11 £45,077 17 10 £45,077 17 10 A. S. Houston, Accountant, Department of Agriculture, Wellington. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby — J. H. Fowler, Deputy Controller and Auditor-General.

7

B.—l [PT. IV],

AUDIT DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure.. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 50,034 14 9 By Fees due.. .. .. .. .. 32,906 14 1 Books, &e. .. .. .. .. 193 17 0 Excess of expenditure over income .. 28,432 11 11 Allowances, London and Samoa , . .. 442 0 2 Allowances, higher duties .. .. .. 280 0 0 Law-costs .. .. .. .. 15 15 0 Office fittings .. .. . . .. 88 16 2 Postages .. .. .. .. .. 263 19 8 Rent .. .. .. .. 1,360 0 0 Telephone services .. .. .. 207 16 0 Temporary assistance .. .. .. 902 18 6 Travelling-expenses .. .. .. 5,947 8 5 Contingencies .. .. .. .. 0110 Transfer expenses, Audit Officers, London .. 185 8 0 Depreciation— £ s. d. Mechanical appliances .. 17 6 2 Furniture and fittings.. .. 144 910 Books .. .. .. 61 10 7 223 6 7 Printing and stationery .. .. .. 316 10 10 Transfer and removal expenses .. .. 112 4 3 Overtime and meal allowances .. .. 742 4 2 Assets provisionally written off .. .. 1 15 6 £61,339 6 0 £61,339 6 0 £ s. d. £ s. d. To Balance .. .. .. .. .. -28,432 11 11 By excess of expenditure over income .. .. 28,482 3 11 Interest on capital ...... 49 12 0 £28,482 3 11 £28,482 3 11 Note. —(1) The following charges are included for which the Department possesses no parliamentary appropriations: (a) Rental value as assessed by the Public Works Department; (b) interest on capital; (2) No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 1,072 13 7 Furniture and fittings .. .. .. 343 15 7 Treasury Adjustment Account .. .. .. 31,043 18 1 Mechanical appliances .. .. .. 117 14 6 Creditors— £ s. d. Books . . .. . . . . .. 611 3 6 Departmental .. .. .. 39 10 9 Stationery .. .. .. .. .. 167 7 5 Sundry .. .. .. 282 5 8 Stamps .. .. .. .. .. 46 0 2 321 16 5 Debtors — £ s. d. Fees paid in advance .. .. .. 29 17 0 Departmental.. .. .. 27 9 0 Writings-off, Suspense .. .. .. 115 6 Sundry .. .. .. 2,672 11 0 2,700 0 0 Assets in Suspense .. .. .. 1 15 6 Excess of expenditure over income .. 28,482 3 11 £32,470 0 7 £32,470 0 7 J. H. Fowler, F.R.A.N.Z., Chief Clerk. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —G. F. C. Campbell, Controller and Auditor-General. BANK OF NEW ZEALAND SHARES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Interest on consolidated stock .. .. 32,500 0 0 By Dividends received and declared for year .. 164,062 10 0 Management charges on consolidated stock .. 258 4 6 Excess of income over expenditure .. .. 131,304 5 6 £164,062 10 0 £164,062 10 0 Balance-sheet as at 31st March, 1935. Liabilities. Assets. Loan capital— £ £ s. d. Bank of New Zealand shares (at nominal £ s. d. New Zealand consolidated stock— value) — 3J per cent., 1940 .. .. 500,000 500,000 preference A shares .. .. 500,000 0 0 4 per cent., 1943-63 .. .. 375,000 1,375,000 preference B shares .. .. 1,375,000 0 0 875,000 0 0 234,375 long-term mortgage C shares .. 234,375 0 0 Consolidated Fund capital .. .. .. 984,375 0 0 Dividends declared but not paid .. .. 75,781 5 0 Capital reserve .. .. .. .. 250,000 0 0 Treasury Adjustment Account .. .. 62,173 14 3 Accrued interest on consolidated stock .. 6,650 13 9 Excess of income over expenditure .. .. 131,304 5 6 £2,247,329 19 3 £2,247,329 19 3 Accumulated profits to 31st March, 1935, £2,874,440 4s. 3d., credited to the Consolidated Fund. B. C. Ashwin, Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that no charge for the cost of exchange on payments made in London is included in the Account. —J. H. Fowler, Deputy Controller and Auditor-General,

8

B.—l I PT. IVI.

COOK ISLANDS DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. Income. Dr . £ a. d. Or. £ s. d. To Salaries ' .. •• •• •• •• 1*124 2 10 By Balance carried down .. •• •• 6,133 15 10 Advertising, &c. .. • • • • • • 21 0 1 Fuel, light, &c. .. -. • ■ • • 48 4 4 Hurricane relief and leper transport — G.s. " Matai" expenses .. .. •• 3,910 1 7 Medical and food relief supplies .. •. 470 9 2 Office expenses .. • • • • • ■ 2 9 0 Postages, telegrams, &c. .. • ■ ■ • 166 13 4 Printing and stationery .. ■. • • 53 11 8 Rent .. 50 0 0 Telephone services .. .. • • • • 29 13 5 Travelling-allowances, &c. .. .. • • 114 8 0 Depreciation .. • • • ■ • • 2 5 £6,133 15 ĪŌ £6 ' 133 15 10 £ s. d. £ 8 - d ' To Balance brought down 6,133 15 10 By Excess of expenditure over income .. .. 17,630 0 1 Grants to Cook Islands Administration .. 11,343 0 0 Interest on capital .. • • • • 153 4 3 £17,630 0 1 £17,630 0 1 Note. The following charges, for which the Department possesses no parliamentary appropriation, are included: (as) Rental value assessed by the Public Works Department; (6) interest on capital. COOK ISLANDS ADMINISTRATION (RAROTONGA TREASURY). Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. Income. , t _ , t) n „ ntll1 « Grants from Total Local .Revenue. Government. Income. £ s. d. Gr. £ s. d. £ s.. d. £ s. d. To Agriculture— By Agriculture— Experimental farm.. .. 146 19 11 Experimental farm .. 27 11 b Fruit Inspection Department 2,560 12 1 Fruit Inspection Department 2,598 11 10 2,707 12 0 2,626 3 4 .. 2,626 3 4 Aitutaki salaries .. . '711 9 2 Aitutaki Wharf .. .. 107 1 8 .. 107 1 8 Aitutaki Wharf .. .. 61 14 6 Ammunition .. .. 89 4 3 .. 89 4 3 Ammunition.. .. 72 17 11 Benzine .. •• •• ® q a Atiu salaries .. •• 154 11 9 Court fees and fines .. 483 9 0 .. 483 9 0 Arikis'visit to New Zealand .. 438 1 8 Customs duties .. .. 9,896 5 9 .. 9,896 5 9 Audit fees 176 16 6 Cinema licenses .. .. 10 0 0 .. 10 0 0 Courts .. •• 981 811 Dog-tax .. .. .. 33 0 0 .. 33 0 0 Customs and Treasury .. 960 19 5 Education.. .. .. 223 16 6 6,280 0 0 6,503 16 6 Education 7,917 10 8 Film-censorship fees .. 29 5 6 .. Film-censorship expenses .. 20 611 Freezer •• 2 ' 12 0 |10 " 'n q n Freezer .. .. •• 2,193 8 7 Government buildings .. 0 3 0 .. O 6 U TPiirnitnrp (rertairs. &e.) .. 58 10 11 Hall licenses .. .. 500 .. 500 Government buildings (repairs, Hospital and medical services 114 18 9 5,063 0 0 5,177 18 9 . .. 655 15 1 Sanitation scheme .. 295 5 6 .. 295 5 6 Hospital and medical services .. 4,345 4 5 Sanitation Scheme Reserve Dental Department .. 225 17 9 Fund .. .. 2,407 5 1 .. 2,407 5 1 Lepers, maintenance .. 1,145 19 0 Water-supply Extension Re- , ... .. Lunatics, maintenance .. 202 1 6 serve Fund .. .. 1,650 19 6 .. 1,650 19 6 Sanitation scheme .. .. 1,410 6 8 Liquor 1,254 19 11 .. 1,254 19 11 Marriage fees .. .. 41 13 0 .. 41 13 0 7,329 9 4 Motor fees .. •• 247 12 6 .. 247 12 6 Hurricane reparation .. 1,266 18 1 Native Land Court fees .. 23 5 9 .. ® Liquor . .. •• 1,086 12 11 Passport fees .. •• 614 0 .. 614 0 Mail subsidy .. .. 10 0 0 Post Office box rents .. 7 7 0 .. 7 7 0 Mangaia salaries .. .. 137 11 0 Post Office .. .. 1,081 17 3 .. 'q! I q Manihiki and Rakahanga salaries 290 7 4 j Printing .. .. • ■ 92 4 9 .. 4 a Mauke salaries .. .. 483 15 5 Rents 268 0 0 .. 268 0 0 Miscellaneous expenses .. 363 13 10 Road rates .. . • 114 13 6 .. Mitiaro salaries .. .. 85 10 0 Shipping fees .. .. 32 0 .. fj " Penrhyn salaries .. .. 230 0 0 Stamp sales .. 701 Police .. .. .. 1,079 2 8 Stock (Public Works Depart- * Post Office 1,615 0 4 ment) 3 13 8 .. 3 13 8 Printing 89 18 3 Stamp duties .. .. 29 15 0 .. 29 15 0 Prisoners 369 910 Telephones .. .. 167 13 10 .. 167 13 10 Public-works expenses .. 475 16 8 Trading licenses .. .. 500 17 6 .. Pukapuka salaries .. .. 268 14 0 Water rates .. -. 560 10 4 .. 560 10 4 Radiograms.. .. .. 154 17 4 Wireless services .. .. 1,209 16 6 .. 1,-09 16 b Resident Commissioner's Depart- n n n7 ~ <T~d men t # .. 1,809 2 1 Total income .. ..£26,468 9 4 £11,343 0 0 kJ7,01l J 4 Roads, bridges, culverts, and . , ~ AnA Q1 . foreshore .. .. .. 638 7 4 Excess of expenditure over income for the year ended 31st Subsidy, destruction of flying- March, 1935 .. . • • • • • • • 1 > 3 6 foxes and rats .. .. 148 11 8 Superannuation subsidy .. 232 16 5 Telephones .. .. •• 115 15 2 Travelling-expenses .. .. 58 1 6 Trucks (maintenance).. .. 128 10 3 Water expenses .. .. 143 2 4 Wireless service .. •• 1,642 17 8 Depreciation .. •• 2,154 7 5 £39,519 12 10 £39,519 12 10

2 —B. 1 [PT. IV

9

B.—l [PT. IV],

COOK ISLANDS DEPARTMENT—continued. Balance-sheet as at 31st March, 1935. _ . ~ I Departmental - AdStotfon. • Total. Liabilities. n , £ s. d. £ s. d. £ s. d. Capital 3,534 11 7 .. 3,534 11 7 Accumulated funds .. .. .. .. .. .. 74,448 10 3 74,448 10 3 Creditors — Departmental .. .. .. .. .. 27 16 4 .. 27 16 4 Sundry . .. .. .. .. .. 489 10 9 1,306 11 6 1,796 2 3 btorm Reparation Fund .. .. .. .. .. 4,849 3 3 4 849 3 3 Reserves ... 2,126 18 6 2,126 18 6 Ireasury Adjustment Account .. .. .. . . 17,114 13 0 .. 17 114 13 o 21,166 11 8 82,731 3 6 103,897 15 2 Assets. T , £ s. d. £ s. d. £ s. d. •• •• 9,846 5 0 9,846 5 0 .Buildings . .. .. .. .. .. 3,422 10 6 41,585 2 11 45,007 13 5 Water works and tanks .. .. .. 7 «74 i a q 7 an a. < 9 q Telephone system " '635 11 1 635 11 1 Riant and tools .. .. .. .. .. .. 4,757 6 8 4,757 6 8 furniture and fittings .. .. .. .. .. 112 1 1 4.284 6 10 4,396 7 11 Boats.. .. .. .. .. .. .. .. 267 5 11 267 5 11 Motor-vehicles .. .. .. .. .. .. 886 0 10 886 0 10 Stocks on hand and stamps .. .. .. .. .. 3 026 5 7 3 026 5 7 Sundry debtors ... .. ~ .. .. 2 0 0 1 2'892 5 0 5 0 iixed deposits .. .. .. .. .. .. 3,700 13 8 3,700 13 8 ash •• •• •• •• •• •• 1,467 3 9 1,467 3 9 Excess of expenditure over income .. .. .. 17,630 0 1 1,708 3 6 19,338 3 7 21,166 11 8 j 82,731 3 6 103,897 15 2 S. G. Smith, Secretary. I hereby certify that the departmental Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. The following comment is appended : The Cook Islands Treasury Regulations provide for a local audit once in two years. The Audit Officer visited there in 1934, and the departmental figures have therefore been accepted for the Cook Islands Administration for 1934-35,-J. H. Fowler, Deputy Controller and Auditor-General. CROWN LAW OFFICE. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s d To Salaries .. .. .. .. .. 5,435 12 9By Law-costs .. .. .. 347 2 7 Annual certificates .. .. .. .. 29 13 3 Balance .. .. .. .. .. 5,922 7 10 Printing and stationery .. .. .. 102 2 11 Postage .. .. .. .. .. 22 9 0 Purchase of law reports, &c. .. .. 79 5 1 Telephone subscriptions .. .. .. 100 16 6 Advertising, newspapers, &c. .. .. 3 18 0 Office fittings, repairs, and requisites .. .. 15 16 8 Sundry expenses .. . . .. .. 16 8 7 Rent ' .. ~ .. .. .. 252 0 0 Depreciation— £ s. d. Furniture and fittings .. .. 28 11 10 Mechanical office appliances .. 6 4 6 Library .. .. .. 176 11 4 211 7 8 £6,269 10 5 £6,269 10 5 £ s. d. £ g- (j. To Balance brought down .. .. .. 5,922 7 10 By Recoveries on account of expenditure of previous Interest on capital .. .. .. 64 16 10 . years .. .. .. .. .. 012 6 Excess of expenditure over income .. .. 5,986 12 2 £5,987 4 8 £5,987 4 8 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value of premises assessed by Public Works Department; (b) interest at 4J per cent, on capital. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. ( Assets. £ s. d. Capital .. .. .. .. .. 1,500 18 3 Furniture and fittings .. .. .. .. 93 5 2 Sundry creditors— £ s. d. Mechanical office appliances .. .. . . 13 1 9 Departmental .. .. .. 90 2 Library .. .. .. .. .. 1,394 11 4 Sundry .. .. .. .. 27 11 0 Payments in advance .. .. .. .. 42 18 3 36 11 2 Excess of expenditure over income .. .. 5,986 12 2 Treasury Adjustment Account .. .. .. 5,992 19 3 £7,530 8 8 £7,530 8 8 H. H. Cornish, Solicitor-General. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —J. H. Fowler, Deputy Controller and Auditor-General.

10

B.—l [Pt. IV

CUSTOMS DEPARTMENT. Revenue Account for the Year ended 31st March, 1935. Dr. Or. £ s. d. To Administrative charges — £ s. d. £ s. d. By Customs and excise duties .. .. 7,416,560 1-' 10 Salaries .. ..67,197 13 3 Beer duty .. .. •• 672,244 11 11 Pay of non-permanents .. 2,102 11 4 Brewery supervision fees .. .. 5)52 8 8 Allowances, overtime, and Customs fines .. . • • ■ • • 6» 15 0 rewards .. •• 2,416 11 11 Customs agents'license fees .. .. 364 5 0 Expenses of official repre- Distillation Act fees .. .. 180 10 0 sentatives, London .. 757 6 6 Gold-export duty (12s. 6d. per ounce) .. 102,753 12 6 Expenses of official repre- Hop-beer license fees .. .. • ■ 91 0 0 sentative, New York .. 1,786 810 Profit on realization of assets .. .. 015 0 Postage and telegrams .. 1,131 6 2 Sale of seizures , .. ■■ 8 0 9 Printing and stationery .. 1,329 3 5 Sales tax .. .. •• •• ® Telephone services .. 765 7 0 Sales-tax Hcense fees .. .. 588 0 0 Services rendered by other Territorial revenue .. . • • • 1 0 0 Departments .. .. 575 12 2 Timber-export duty . . .. • • o 0 A Transfer and removal ex- Tobacco Act license fees .. .. 603 4 0 penses .. •• 585 18 7 Warehouse license fees .. .. .. 11,446 16 i Travelling allowance and expenses .. ■• 517 15 1 Rent 4,321 19 0 Maintenance and repairs .. 173 7 11 Compensation under Workers' Compensation Act 1,025 18 0Miscellaneous expenses .. 2,836 3 7 87,523 2 9 Grants to Cook and Niue Islands "Governments .. .. 2,577 0 0 Depreciation — Buildings .. 309 16 1 Furniture and fittings .. 652 2 8 Mechanical appliances, &c. 113 13 1 1,075 II 10 Balance carried down .. •• •• 10,285,259 16 2 £10,376,435 10 9 £10,376,435 10 9 £ s. d. £ s. d. To Interest on capital .. .. •• 774 12 11 By Balance brought down .. .. .. 10,285,259 16 2 Excess of revenue over expenditure .. 10,284,485 3 3 £10,285,259 16 2 £10,285,259 16 2 Note. —Percentage cost of collection, including depreciation and interest on capital, 0-8613 = 17s. 3d. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital: Public Works Department Expendi- Land .. .. .. .. 8,202 0 0 ture Account .. .. •• •• 20,700 10 9 Buildings .. .. .. .. 8,142 15 6 Creditors— £ s. d. Bicycles .. .. .. .. .. 1829 Departmental .. .. 368 3 1 Furniture and fittings .. .. .. 1,049 911 Sundry •• •• 1,370 8 8 Mechanical office appliances .. .. 157 5 0 1,738 11 9 Saleable books .. .. .. .. 82 6 0 Fees paid in advance .. .. ■ • 10,363 5 10 Stamps, postage .. .. .. .. 70 2 7 Amounts held on deposit— Stocks at Printing and Stationery Customs duties .. .. 68,922 8 1 Department— £ s. d. Immigration Restriction Act 1,380 0 0 Stationery .. .. 597 10 6 Export Control Board .. 10,915 10 7 Uniform trimmings.. .. 16 5 9 81,217 18 8 Testing and gauging instruExcess of revenue over expenditure .. ..10,284,485 3 3 ments .. .. .. 609 19 1 1,223 15 4 Debtors — Departmental .. .. 10,420 16 6 Sundry .. .. .. 4,775 9 9 15,196 6 3 Deposit Accounts — Receiver-General .. 57,923 0 0 « Collectors of Customs .. 10,999 8 1 Immigration Restriction Acts 1,380 0 0 Dairy Produce Act, 1923 .. 9,162 6 5 Honey - export Control Act, 1924 .. .. .. 3 15 8 Meat - export Control Act, 1921-22.. .. .. 1,749 8 6 81,217 18 8 Treasury Adjustment Acconnt .. .. 10,283,145 8 3 £10,398,505 10 3 £10,398,505 10 3 Notes. —(1) The Revenue Account includes the following charges for which the Department possesses no parliamentary appropriation : (a) Services of Marine Department officers ; (b) rentals as assessed by Public Works Department; (c) interest on capital. Depreciation has been allowed for on balance of assets as at Ist April, 1934, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for services rendered to Internal Affairs Department, Marine Department, and Land and Income Tax Department. (2) No charge for the cost of exchange on payments made in London is included in the account. E. D. Good, Comptroller of Customs. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —J. H. Fowler, Deputy Controller and Auditor-General.

11

B.—l [PT. IV],

DEFENCE DEPARTMENT. Headquarters General Activities Revenue Account for Year ended 31st March, 1935.

12

General Head- Northern Centra] Southern quarters. Command. Command. Command. iotal. Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Pay, military, civil, and Territorial .. .. 31,180 10 2 7,600 12 2 7,104 0 2 5,317 4 7 51,202 7 1 Grants for rifle shooting, entry fees for competi- 72 13 7 3 2 3 .. .. 75 15 10 tions, and pur chase and engiaving of medals, &c. Medical examinations, attention, and hospital 357 8 6 10 15 6 54 4 8 42 11 9 465 0 5 charges Advertising, office expenses, printing, stationery, 923 7 10 421 15 4 196 3 3 201 17 2 1,743 3 7 postage, telegrams, telephones, repairs, cleaning, and laundering Hire and maintenance of drill-halls, offices, build- 985 18 I 2,165 13 8 1,740 15 6 1,014 .14 8 5,907 1 11 ings, parade-grounds, camps, rifle-ranges, boatsheds, &o. Compensation for sickness and accidents due to 15 8 0 .. 3 15 8 .. 19 3 8 military service Rations, forage, fuel, light, and water.. .. 1,287 6 1 670 13 8 147 16 1 723 15 6 2,829 11 4 Legal expenses and Courts of inquiry .. .. 169 3 0 .. 5 19 0 .. 175 2 0 Travelling allowances and expenses, removal ex- 3,279 2 1 1,219 9 6 646 1 6 1,375 6 6 6,519 19 7 penses ; rail, steamer, tram, motor, and ferry fares ; freights, cartage, and motor licenses Horses, hire and maintenance of .. .. 839 16 3 232 9 10 171 5 7 143 16 2 1,387 7 10 Horses, died or destroyed and written off .. .. 34 0 8 18 0 0 45 2 0 97 2 8 Clothing, stores, and ammunition .. .. 10,630 8 7 336 0 2 209 2 7 204 7 1 11,379 18 5 Stores lost, broken, destroyed, &c., and written off 1 5 1 2 14 6 ... 3 17 2 7 16 9 Rents irrecoverable written off .. .. 37 10 0 .. 5 0 0 17 1 5 59 11 5 Allowances and expenses of officers undergoing 3,717 19 6 .. .. .. 3,717 19 6 training abroad Rifle clubs—• Proportion of pay of military staff .. .. 36 7 1 250 0 0 250 0 0 250 0 0 786 7 1 Rail fares .. .. .. .. .. 17 19 3 90 13 9 33 2 2 141 15 2 Small-arms ammunition issued free and at less 622 18 4 1,583 1 8 4,370 1 7 5,427 7 4 12,003 8 11 than eost Proportion of cost of maintenance of ranges and 2 14 0 50 0 0 125 0 0 150 0 0 327 14 0 buildings used 3 Miscellaneous charges .. .. .. .. 23 2 9 36 4 7 57 8 8 116 16 0 Non-effective services— Contribution to pensions of Imperial non-com- 23 16 0 .. .. .. 23 16 0 missioned officers on loan Overpaid war gratuity written off .. .. 18 6 0 .. .. .. 18 6 0 Expenses of visit of Sir Maurice Hankey and 21703 .. .. .. 21703 party Depreciation on— ■ Buildings .. .. .. .. 851 18 0 5,809 1 5 1,960 15 9 3,054 3 9 11,675 18 11 Libraries .. .. .. .. 39 16 9 5 9 8 1 10 9 11 1 3 57 18 5 Motor-vehicles .. .. .. .. 145 1 3 .. .. .. 145 1 3 Furniture .. .. .. .. 531 9 10 253 15 5 364 10 11 333 5 1 1,483 1 3 55,987 4 3 20,689 17 5 17,501 1 4 18,406 2 3 112,584 5 3 £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Balance brought down .. .. .. 54,953 1 7 18,247 15 3 13,268 7 4 14,257 14 8 100,726 18 10 Interest on capital .. .. .. .. 10,871 1§, 0 13,000 4 8 7,091 14 10 7,657 16 3 38,621 10 9 65,824 16 7 31,247 19 11 20,360 2 2 21,915 10 11 139,348 9 7

B.—l [PT. IV].

DEFENCE DEPARTMENT —continued. Headquarters General Activities Revenue Account for Year ended 31st March, 1935 —continued. By Rent of buildings and quarters, light, and water— £ s - £ s - d - General Headquarters .. .. • • • • • • ■ • • • • • • ■ * 't Northern Command .. .. • • ■ • • • • • • • ■ • ■ • ' Central Command .. •• •• •• •• •• •" 9 191 2 9 Southern Command .. .. •• •• • • •• v ' Grazing-rights on rifle-ranges and reserves — General Headquarters .. • • • • • • • ■ • • • • ■ • 174. Oil Northern Command .. .. • ■ • ■ • • • • • • • • Central Command . . • ■ • • • ■ • • • ■ • • • ■ • • „ Southern Command .. .. • • • • • • • • • • • • • • 0 Fines: General Headquarters .. . . . • • • • • • ■ ■ * * ' *' 610 10 Use of departmental horses — Northern Command .. ■ ■ ■ ■ ■ ■ ■ • ■ ■ • •' '' 2 430 5 0 Central Command .. ■■ •• •• •• " >■_ 9 " Southern Command .. • • • • ■ • • • • • • • ' ■ '' ' g jgg 9 g Excess of expenditure over income carried down — General Headquarteit .. • • • • • ■ • • • • ' • ' ' ia' 0,17 1 e q Northern Command .. •• •• '• . _ , Central Command . . - • • • ■ • • • • • • • '' ' ' -t/yr'n 14 o Southern Command ...•••*••■ * 100 726 18 10 £112,584 5 3 To Excess of expenditure over income after charging interest on capital— £ d " £ s " d General Headquarters .. •• •• •• •• •• •• ' Northern Command .. .. •• •• " X 9 Central Command .. -■ •• •• •• •• " 01'oisinil Southern Command .. •• •• •• •• •• •' £139,348 9 7

Note The Revenue Accounts include charges for depreciation and interest on capital for which the Department has no parliamentary appropriation. No charge for the cost of exchange on payments made in London is included m the accounts.

13

General Head- Northern Central Southern Total. quarters. Command. Command. Command. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Administrative charges per head of trainees (Terri- 2210 217 123 0170 390 torials and Cadets), excluding non-effective services and interest on capital n a a oikc oiota Cost of assistance to rifle clubs per head of members .. 394 260 264 2 15 8 - 1Z 1U

B.—l [PT. IV],

DEFENCE DEPARTMENT—continued. Territorial Forces Revenue Account for the Year ended 31st March, 1935.

Cadet Forces Revenue Account for the Year ended 31st March, 1935.

14

Northern Central Southern „ Command. Command. Command. j lotal. Dr. £ s. d. £ s. d. £ s. d. I £ g. d. To Pay, military, civil, and Territorial .. .. .. 16,165 15 0 16,211 2 0 16,973 0 11 I 49,349 17 11 Clothing, stores, and ammunition .. .. .. 9,368 5 1 13,455 11 7 12,764 8 4 I 35,588 5 0 Medical fees, attention, and hospital charges, and oompen- 253 1 4 209 14 5 366 4 1 828 19 10 sation for sickness and accidents Advertising, office expenses, printing, stationery, postage, 1,398 1 9 . 1,187 0 2 1,164 14 7 3,749 16 6 telegrams, telephones, repairs, cleaning, laundering, engraving trophies, &c. Hire and maintenance of drill-halls, offices, buildings, 571 13 3 876 4 10 585 4 3 2,033 2 4 parade-grounds, rifle ranges, camps, launches, &c. Rations, forage, fuel, light, and water .. .. 2,854 6 7 3,859 4 6 3,613 2 9 10,326 13 10 Subsidies to officers' clubs .. .. .. .. 37 10 0 37 10 0 75 0 0 150 0 0 Horses, hire and maintenance of .. .. 1,487 19 1 1,571 16 9 1,296 3 3 4,355 19 1 Grants towards maintenance of regimental bands .. 300 0 0 400 0 0 400 0 0 1,100 0 0 Travelling allowances and expenses; rail, steamer, tram, 6,611 3 4 6,436 9 5 6,466 15 9 19,514 8 6 motor, and ferry fares ; freights, cartage, and motorlicenses Stores lost, broken, destroyed, &c., and written off .. 173 6 2 216 11 6 122 11 11 512 9 7 39,221 1 7 44,461 5 2 43,827 5 10 127,509 12 7 £ s. d. £ s. d. £ s. d. £ s. d. To Balance brought down .. .. .. .. 39,221 1 7 44,461 5 2 43,827 5 10 127,509 12 7 Interest on capital .. .. .. .. 4,561 6 6 4,881 14 2 5,263 13 3 14,706 13 11 43,782 8 I 49,342 19 4 49,090 19 1 142,216 6 6 Gr - £ s. d. £ s. d, £ s, d. £ s. d. By Balance carried down .. .. .. .. 39,221 1 7 44,461 5 2 j 43,827 5 10 127,509 12 7 39,221 1 7 44,461 5 2 43,827 5 10 127,509 12 7 £ s. d. £ s. d. £ s. d. £ s. d. By Excess of expenditure over income after charging interest 43,782 8 1 49,342 19 4 49,090 19 1 142,216 6 6 on capital : 43,782 8 1 49,342 19 4 49,090 19 1 142,216 6 6 Cost per head of Territorials — £ s. d. £ s. d. £ s. d. £ s. d. Exclusive of Headquarters administrative expenses and 12 3 1 15 0 4 14 3 9 13 14 11 interest on capital Including Headquarters administrative expenses .. 1676 1855 1737 17311

Northern Central Southern „ , . Command. Command. Command. lotai. Dr - £ s. d. £ s. d. £ s. d. £ s. d. To Pay, military, civil, and Territorial .. .. .. 4,738 19 5 5,448 10 4 7,785 5 9 17,972 15 6 Clothing, stores, and ammunition .. .. .. 3,960 2 1 3,112 0 5 5,600 14 11 17 5 Medical fees, attention, and hospital charges .. .. 866 .. 256 10 12 0 Advertising, office expenses, printing, stationery, postage, 125 6 5 208 7 6 116 5 9 449 19 8 telegrams, telephones, repairs, cleaning, laundering, engraving trophies, &c. Hire and maintenance of drill-halls, offices, buildings, 181 17 11 214 2 11 52 3 7 448 4 5 parade-grounds, rifle ranges, camps, launches, &c. Rations, forage, fuel, light, and water .. .. 75 18 5 107 16 7 174 5 9 358 0 9 Subsidies to officers' clubs . . .. .. .. 37 10 0 37 10 0 75 0 0 150 0 0 Horses, hire and maintenance of .. .. .. .. 38 3 4 17 10 0 55 13 4 Stores lost, broken, destroyed, &c., and written off .. 34 2 2 3 19 11 22 7 10 60 9 11 Prizes for rifle shooting and entry fees for Empire Com- 11 8 0 J 15 2 11 43 11 10 70 2 9 petition Travelling allowances and expenses; rail, steamer, tram, 599 0 11 444 16 5 524 11 3 1,568 8 7 motor, and ferry fares ; freights, cartage, and motor licenses 9,772 11 10 9,630 10 4 14,414 2 2 33,817 4 4 £ s. d. £ s. d. £ s. d. £ s. d. To Balance brought down .. .. .. .. 9,772 11 10 9,630 10 4 14,414 2 2 33,817 4 4 Interest on capital .. .. .. .. 1,148 17 7 1,293 8 7 1,942 2 6 4,384 8 8 10,921 9 5 10,923 18 11 16,356 4 8 38,201 13 0 0r - £ s. d. £ s. d. £ s. d. £ s. d. By Excess of expenditure over income carried down .. 9,772 11 10 9,630 10 4 14,414 2 2 33,817 4 4 9,772 11 10 9,630 10 4 14,414 2 2 33,817 4 4 £ s. d. £ s. d. £ s. d. £ s. d. By Excess of expenditure over income after charging interest 10,921 9 5 10,923 18 11 16,356 4 8 38,201 13 0 on capital ' 10,921 9 5 10,923 18 11 16,356 4 8 38,201 13 0 Cost per head of Senior Cadets — £ s. d. £ s. d. £ s. d. £ s. d. Exclusive of Headquarters administrative expenses and 223 220 229 225 interest on capital Including Headquarters administrative expenses .. 668 571 527 5115

B—l [Pt. IV].

DEFENCE DEPARTMENT —continued. Aviation Revenue Account foe the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s. d. To Pay, military and civil staff .. .. 22,814 1 10 By Fees under Air Navigation Act, 1931 .. 498 2 3 Advertising, printing, stationery, postage, tele- " Rents received .. .. .. ■ • 500 1 2 grams, and telephones .. .. .. 801 15 2 Excess of expenditure over income carried down 64,269 12 11 Travelling allowances and expenses, transport, freights, and cartage .. .. •• 1,704 15 7 Expenses of officer undergoing training abroad 622 3 0 Expenses and upkeep of aircraft, stores, clothing, &c. .. .. . • • • 7,311 13 2 Refresher courses (expenses of), including pay, rations, transport, &c., and oil and spirit consumed .. ... .. •• 3,346 11 0 Medical expenses and compensation .. .. 149 4 0 Maintenance of aerodromes, buildings, &c. . . 977 4 2 New Zealand's proportion of expenses of International Commission on Air Navigation .. 277 17 4 Uniform outfit and upkeep allowances .. 436 1 2 Aeroplanes crashed and written off .. 118 8 0 Stores lost, broken, damaged, &c., and written off 19 2 Civil aviation — Grants to aero clubs .. •• 3,456100 Landing-grounds, expenses incidental to .. 3,635 15 5 Proportion of pay of administrative staff .. 1,376 18 5 Depreciation on — Buildings .. •- •• •• 3,562 16 11 Furniture .. .. ■ • • ■ 49 10 6 Aircraft, engines, power, machinery, and motor-vehicles ... . ■ . ■ 14,625 1 6 £65,267 16 4 £65,267 16 4 £ s. d. ===== To Balance brought down .. .. .. 64,269 12 11 By Excess of expenditure over income after charg- £ s. d. Interest on capital .. .. .. 13,921 19 7 ing interest on capital .. .. .. 78,191 12 6 £78,191 12 6 £78,191 12 6 Army Ordnance Stores Revenue Account for the Year ended 31st March, 1935. Dr. £ a. d. Or. £ s. d. To Pay, military and civil .. .. .. 20,813 13 7 By Hire of stores .. .. .. .. 110 16 7 Medical fees and expenses .. •• 24 16 6 Excess of expenditure over income carried down 28,016 16 5 Advertising, printing, stationery, postage, telegrams, telephones, repairs, cleaning, and laundering .. .. .. •• 1,749 4 4 Maintenance of buildings, rations, forage, light, fuel, and water .. . . • • 1,530 7 2 Travelling allowances and expenses, removals, transport, freight, and cartage .. .. 1,270 19 7 Clothing, stores, and ammunition .. .. 749 5 11 Hire charges irrecoverable, written off .. 21 1 7 Stores lost, broken, &c., written off .. 315 2 11 Depreciation— Buildings .. .. . • • • 1,341 7 6 Furniture .. .. •• 148 13 9 Motor-vehicles .. . ■ • • 163 0 2 £28,127 13 0 £28,127 13 0 £ s. d. ===== To Balance brought down .. . . 28,016 16 sBy Excess of expenditure over income after charg- £ s. d Interest on capital .. .. •• 76,171 511 ing interest on capital .. .. ■■ 104,188 I 4 £104,188 2 4 £104,188 2 4

15

B.—l [PT. IV],

DEFENCE DEPARTMENT—continued. " Janie Seddon " Launch Revenue Account for the Year ended 31st March, 1935. £ s. d. To Pay of crew .. .. .. .. 1,234 13 3 £ s. d. Deck and engine-room stores .. .. 236 0 0 By Hire of vessel .. .. .. 1,442 5 6 Fuel and water .. .. .. .. 199 8 0 Towing of targets and other departmental services 311 0 0 Maintenance, repairs, slip-dues, survey, &c. .. 299 11 0 Excess of expenditure over income carried down.. 476 3 3 License fees and telephone .. .. .. 35 15 0 Depreciation on vessel .. .. .. 224 1 6 £2,229 8 9 £2,229 8 9 £ s. d. ===== To Balance brought down .. .. .. 476 3 3 By Excess of expenditure over income after charging £ s. d. Interest on capital .. .. .. .. 158 14 5 interest on capital .. .. .. 634 17 8 £634 17 8 £634 17 8 Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ s. d. Capital Account — £ s. d. £ s. d. Land .. .. .. .. .. 321,184 8 1 Public Works Fund .. 898,787 0 5 Buildings .. .. .. .. .. 443,183 15 0 Consolidated Fund .. 2,428,317 9 10 Military stores and equipment-— 3,327,104 10 3 Armament, heavy - gun and £ s. d. Value of gift assets .. .. 17,330 0 0 small-arms ammunition .. 1,007,867 10 5 Ordnance Depot stocks at 3,344,434 10 3 vocabulary prices .. 1,064,117 16 4 Creditors — Unit equipment and clothing Departmental .. .. 706 4 6 stocks .. .. 329,245 510 Sundry.. .. .. 4,760 1 10 2,401,230 12 7 5,466 6 4 Air and marine craft, aviation equipment and Creditors, Ordnance Depot .. .. .. 216 15 8 stores .. .. .. .. .. 170,711 4 4 Rents received in advance .. .. .. 107 19 0 Horses .. .. .. .. .. 3,482 19 0 Nelson Rifle Prize Fund .. .. .. 1,088 148 Army Service Corps supplies.. .. .. 457 5 3 Writings-off, Suspense Account .. .. 1,021 13 11 Office furniture .. .. .. .. 2,498 0 7 Treasury Adjustment Account .. .. 512,047 2 9 Mechanical office appliances .. .. .. 271 19 7 Libraries .. .. .. .. .. 612 7 1 Stationery and publications .. .. .. 5,746 6 2 Stamps .. .. .. .. .. 204 2 4 Medals and decorations .. .. .. 4,231 13 4 £ s. d. Defence vessel " Janie Seddon " 737 11 8 Coal and oil supplies on board 19 4 10 756 16 6 Wireless installation, short wave .. 521 12 4 Rents accrued .. .. .. 218 14 8 Debtors — Departmental .. .. 484, 9 6 Sundry .. .. .. 554 17 3 1,039 6 9 Fire Loss Suspense Account .. .. 3,140 810 Assets in Suspense .. .. .. 1,021 13 11 Nelson Rifle Prize Fund .. 1,000 0 0 Balance of interest on same .. 88 14 8 1,088 14 8 Excess of expenditure over income— Aviation Revenue Account .. 78,191 12 6 Ordnance Revenue Account .. 104,188 2 4 " Janie Seddon " Revenue Account .. .. .. 634 17 8 Headquarters Revenue Account .. .. .. 139,348 9 7 Territorial Revenue Account .. 142,216 6 6 Cadets Revenue Account .. 38,201 13 0 502,781 1 7 £3,864,383 2 7 £3,864,383 2 7 H. Turner, Under-Secretary of Defence. L. C. Forgie, Accountant. I hereby certify that the Revenue Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —J. H. Fowler, Deputy Controller and Auditor-General.

16

B.—l [PT. IV],

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments. To Balance as at Ist April, 1934— £ s. d. £ s. d. By Annual appropriations— £ s. d. £ s. d. Cash .. .. .. 420,145 9 10 Vote Expenses of ManageImprests outstanding .. 7,630 13 2 ment— Investments Account .. 192 10 7 Administration . .. 38,850 0 0 427,968 13 7 Advances to civilian mortReceipts in respect of ad- gagors, repairs to provances, &c.— perties, &c.— Repayments of principal — Current account advances 2,879 15 11 Current Account .. 485,438 17 6 Dwelling advances .. 90 6 5 Farms, orchards, &c. .. 104,272 14 9 Miscellaneous advances 467 16 6 Dwellings .. 227,926 6 9 Miscellaneous expenditure Buildings Account .. 484 6 0 on Crown Properties.. 6,874 5 5 Sale of live and dead stock 457 5 1 Capital expenditure on proMiscellaneous advances 4,532 3 8 perties acquired by Receipts on account of Crow:n— properties held by Freehold .. .. 6,371 2 3 Crown Leasehold . . .. 100 lo 4 Freehold . 11,470 19 9 Payment of instalments on Leasehold .. .. 370 12 4 State Advances mortReceipts from working of gages .. properties acquired by Expenses of working proCrown .. 8,218 4 6 perties acquired by Crown 8,531 o 1 Receipts on account of ' Purchase of live and dead properties in course of stock .. .. realization .. 10,850 13 3 Payments on account of Sale of properties on de- McGregor Block 396 16 1 f erred payment .. 96 9 9 Valuation expenses and tees 5 5 0 Recovery of bad debts" 152 8 0 Travelling-expenses of InMerged transactions under spectors of securities .. section 20, Discharged Expenditure m connection Soldiers Settlement with properties m course Amendment Act, 1923, of realization .. .. A II 2 section 20 (3) : Princi- Printing and stationery .. 165 15 0 pal instalments .. 1,006 19 7 Audit fees .. .. 700 855,278 0 11 Advances under sections 6 and 9, Discharged Soldiers Interest and rents — Settlement Act, 1915 Interest Current Account .. 459,146 10 8 Current Account .. 76,759 3 4 Farms, orchards, &e. .. 2,264 5 9 Dwellings .. .. 204,067 13 2 Dwellings, &c. .. .. 6,388 5 0 Farms .. .. 232,332 12 5 Miscellaneous advances .. 5,857 9 9 Buildings .. 934 2 7 Expenditure in connection Interest on ' sales of with properties in course properties on deferred °f realization .. .. 5, S 5 _ payment 74 5 8 479,083 14 7 Section 20 (3) : Interest Suspense Account: Amounts instalments .. 1,041 13 10 allocated - Miscellaneous .. 88 15 2 Fire Loss Suspense .. 12,455 7 4 Rents .. •• 36,926 17 6 Suspense Account .. 8,291 11 5 552,225 3 8 Interest recouped to the Consolidated Fund — Miscellaneous receipts .. 460 6 4 Interest on debentures .. 143,305 10 1 1,407,963 10 11 Interest on advances obSuspense Account: Receipts tained by hypothecation awaiting allocation— of securities .. 160,658 4 4 Fire Loss Suspense .. 10,471 1 6 Interest on transfer from Suspense Account .. 11,352 1 6 Consolidated 1 und .. 200,000 0 0 r : 21,823 3 0 503,963 14 5 Profit on redemption of securities .. 12 0 0 Repayment of advances obtained by hypotheInterest on investments .. .. 7,418 4 8 cation of securities 200 ' " , Management charges of Consolidated stock .. d 9 o I Stamp duty on transfers of consolidated stock 114 8 4 Charges and expenses of raising loans .. 250 0 0 Balance as at 31st March, 1935— £ s. d. Cash .. .. .. 586,481 18 7 Imprests outstanding .. 7,666 0 5 . 594,147 19 0 £1,865,185 12 2 £1,865,185 12 2

3—B. 1 [PT. IV.]

17

B.—l [PT. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Revenue Account foe the Year ended 31st March, 1935. To Interest and sundry charges re By Interest on advances— £ s. <£ £ s. d. loans— £ s. d. £ s. d. Current Account .. 85,236 12 4 Hypothecation of securities 160,658 4 4 Farms, &c. .. .. 302,376 2 3 Interest on debentures .. 151,644 8 0 Dwellings .. .. 222,075 15 6 Interest on amount trans- Merged interests .. 1,440 5 5 ferred from Consolidated Buildings .. .. 1,079 8 3 Fund .. .. 240,986 6 1 Sales .. .. .. 85 7 9 Interest on redemptions Miscellaneous .. .. 115 11 2 from Public Debt Repay- 612,409 2 8 ment Account .. 31,120 0 3 Rents and royalties from properties acquired Management charges of by the Crown .. .. .. .. 48,813 310 stock .. .. 39 5 1 Interest on surplus funds temporarily invested 6,705 1 8 Stamp duty on transfers .. 114 8 4 Profit on disposal of properties .. .. 2,627 11 I Charges and expenses of Transfer and production fees .. .. 281 18 0 raising loans, &c. .. 250 0 0 Valuation fees .. .. .. .. 15 4 6 584,812 12 1 Miscellaneous .. .. .. .. 53 0 1 Expenses of management — Profit on working farms acquired by the Crown 701 15 0 Costs recouped to vote, Recovery of bad debts .. .. .. 238 13 11 Lands and Survey .. 38,850 0 0 Forfeited deposits .. .. .. 110 0 Rebates .. .. 26,489 8 1 Profit on redemption of securities .. .. 12 0 0 Miscellaneous expenditure Balance, loss for year, carried down.. .. 172,812 2 1 on Crown properties .. 6,566 7 9 Audit fees .. .. 700 0 0 Travelling-expenses . 776 15 9 Printing and stationery . . 165 15 0 Valuation expenses .. 12 8 0 Commission, miscellaneous 68 8 0 73,629 2 7 Remissions — Land Board recommendations .. .. 70,644 13 3 Dominion Revaluation Board 274 19 8 Under Deteriorated Land Act, 1925 .. .. 25 11 2 Under Mortgagors and Tenants Relief Act, 1933 .. 3,519 7 5 — 74,464 11 6 Reduction in value of securities— Losses on realization : Writ-ings-off in Suspense .. 77,436 1 8 Losses on properties acquired by the Crown .. 33,313 14 7 Reduction of mortgages, &c., by Dominion Revaluation Board .. 651 11 8 Depreciation in value of of Native lease: McGregor Block .. 363 8 9 111,764 16 8 £844,671 2 10 £844,671 2 10 £ s. d. £ s. d. To Balance: Loss for year brought down .. 172,812 2 1 By Adjustment previous year .. .. 10 19 0 Balance forward from previous year .. 740,810 11 6 Balance : Accumulated loss to 31st March, 1935 913,611 14 7 £913,622 13 7 £913,622 13 7

18

B.—l [Pt. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT —continued. Balance-sheet as at 31st Mabch, 1935. ...... Assets. Liabilities. , <■ a .1 fad „ , # s d £ s. d. Advances on mortgages— fc s- Q- *■ s - u - Capital '' Current account •• 1,583,733 9 11 Transfer from Consoli- Farms, orchards, &c. ..5,739,786 12 0 dated Fund at 0 0 business pre- ? g Reduction under section BBB ' ' 11,497,842 6 7 22 Finance Act, 1927 ' Land leased under sections 4 and 5 of Dis(No. 2) .. •• /,fju,uuu nharorfid Soldiers Settlement Amendment I~ I I An+ iQ9i 99 .... 442.597 4 11 i n 000 0 0 Act, lyzi—.. • • » ' ' Buildings : Unpaid purchase price (not yet payLess repaid as per able) of buildings on Crown properties .. 21,475 10 3 Finance Act, l«d Sundry advances merged with value of Crown < No " 4 > '' '" 4 ' 850 ' 00 ° ° lands (section 20, Discharged Soldiers Settle--6 000 000 0 0 ment Amendment Act, 1923) .. •• 31,774 . . u , ' dfi'lfiO 0 0 Deferred-payment sales under section 9, DisDepreciation Fund .. 46,160 charged Soldiers Settlement Amendment Redemptions from Public Act 1921-22 •• •• 1,709 13 9 Mrt Repayment Ac- g Realization Account: Properties in course of 2n mu n by "the £ * tff&SSßg Si :: :: "Ikllt n I at 5 per cent., £255,495 703,448 11 3 16s. Bd.; at 5J per cent., , „ ## 13,088 11 3 pkaa\ r q 505 16 8 Live-stocK, occ. .. •• •• •• » TT 4.- "f ' ' Current Account Advances Suspense: SecHypothecation of secun- tion 3 (3) (6), Discharged Soldiers Settlement ties, section 7 (2), Di- 1924 .. •• •• •• 700 0 0 atTpettnt 931 (N °' 4) .' 3,850,000 0 0 Sundiy debtors for principal at A per cent __ 14,439,682 16 4 instalments— Ā _ , ... i ■ . Farms Account .. •• 196,049 13 4 Sundry creditors for interest- Dwellings Account .. 123,446 0 5 Interest due and unpaid . Merged transactions .. 1,550 14 10 on debentures .. 484 15 6 Buildings Account .. 1,989 15 8 Interest due and unpaid Deferred-payment sales .. 2 0 2 000 noc a k on transfer from Con- * 323,038 4 5 solidated Fund .. 875,884 1 Sundry debtors for interest — Interest accrued on trans- Current account .. .. 109,651 3 0 fer from Consolidated q . Farms Account ..253,220 1 5 I una • • D wellings Account • • 46,253 5 2 Ante's 39,770 18 11 Merged transactions .. 3,049 6 1 Interest on redemptions « Re : 68,630 !0 7 Miscellaneous advances ■ • 413 ,792 14 7 Interest paid from Con- 917 14 i 0 Sundry debtors forsolidated Func •• ■ 1,005,414 19 2 Rents of properties .. 48,498 17 1 „ , ' Miscellaneous advances .. 2,825 17 5 Sundry creditors Miscel- Departmental .. .. 1,370 17 4 KORQKIIIn laneous services — r 52,695 11 10 Miscellaneous .. 7 ' 6 34 16 o Postponements — Departmental .. •• 7,700 17 3 Under Discharged Soldiers St a te Advances Office : Mortgages taken over *712 1 7 J^XofpAc^ Miscellaneous credit balances on Farms 63,252 18 5 debtors'accounts Dwellings !! .. 3,075 8 3 Advances — * n 'u- ° 40 14 7 Current account .. .. 4,519 4 4 Buildmg .. •• 66)369 y 3 &c !0 U 6 InterestDwellings ■ • 10 II o Current account .. 5,882 3 1 Principal instalments- Farmg 73,126 18 0 Farms, &c .. •• 51 » Dwellings .. .. 1,316 11 0 Dwellings, &c. .. .. 752 1 7 Buildings .. .. 31 12 7 Buildings .. - ° ° » Rent .. .. 2,749 8 3 Miscellaneous advances •• 410 2 l 83,106 12 11 Principal instalments : Sales on Under Mortgagors and Tendeferred payment .. .. 10 0 o a nts Relief Act, 1933lnterest Instalments of principal— user* :: ::J*i 5 s■■5 ■■ '-SS'I S Dwellings .. ■■ 1 - 1 ' D'' Dwellings .. .. g 5Q4 } s Buildings • • • • 1 Interest — Miscellaneous .. 0 U 1 Farms .. •• 4,474 17 5 ents " '' " . io 430 6 3 Dwellings .. • • 112 3 0 Current account .. 737 13 0 —— 5,324 13 5 Carried forward ~ .. 1M63.941 0 7 Carried forward .. .. 13,873,951 011

19

B.—l [PT. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1935—continued. £ s. d. £ s d Brought forward .. .. 15,463,941 0 7 Brought forward .. ..13 873 951 011 »ents charges in advance .. .. 5,821 6 7 Interest on advances accrued but not due .. 98'070 16 6 Interest charged m advance .. .. 132 3 10 Interest on investments due and unpaid .. 0 19 3 Suspense Accounts £ s. d. Losses in Suspense .. .. .. 44 048 11 9 Eire Loss Account .. .. 5,920 2 7 Cash balance — £ s. d. Receipts unallocated .. 3,442 16 1 In Public Account .. 586,481 18 7 Surpluses on realization not yet Imprests outstanding .. 7,666 0 5 allocated .. • .. 525 0 7 594,147 19 0 ... _ 9,887 19 3 Revenue Account: Accumulated loss .. 913Ī611 14 7 Writmgs-off m Suspense .. _, .. .. 44,048 11 9 Accumulated losses written off under section 22, .Liabilities discharged under section 22, Einance Einance Act, 1927 {No. 2) .. ..3 969 759 10 11 Act, 1927 (No. 2), to write off accumulated ' losses, as per contra .. .. .. 3,969,759 10 11 £19,493,590 12 11 £19,493,590 12 11 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. Ī hereby certify tliat the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that no charge for the cost of exchange on payments made in London is included in the account. J. H. Fowler, Deputy Controller and Auditor-General.

20

B.—l [Pt. IV

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1935. General Balance-sheet at 31st March, 1935, compared with Position at 31st March, 1934.

21

1933-34. Liabilities. I 1934-35. j 1933-34. j Assets. 1934-35. ! j Ij I £ 8. d. Aid to Water-power Works and Electric £ s. d. £ s. d. £ s. d. North Island scheme — £ s. d. £ s. d. Supply Accounts — 8,678,523 19 6 Assets as per separate balance-sheet .. 8,818,443 6 6 Debentures Stock issued — 6,053 5 9 Investments, Sinking Fund 360,000 0 0 At 3 per cent, interest .. .. 423,665 0 0 576,420 7 11 Profit and Loss Account —Loss to date .. 586,848 10 7 1,000,000 0 0 At 3| per cent, interest .. .. 1,000,000 0 0 9,405,291 17 1 433,155 0 0 At 3f per cent, interest .. .. 574,555 0 0 9,260,997 13 2 1,957,790 0 0 At 4 per cent, interest .. .. 1,957,890 0 0 2,623,913 18 0 At per cent, interest .. .. 2,623,913 18 0 3,670,219 6 10 At 5 per cent, interest .. .. 3,670,219 6 10 South Island scheme — At 5J per cent, interest .. .. .. 4,149,911 7 8 Assets as per separate balance-sheet .. 4,492,708 16 10 5,400 0 0 At 5J per cent, interest .. .. 5,400 0 0 102,222 0 9 Investments, Sinking Fund .. .. 1,669 5 2 1,884,642 6 3 At 6 per cent, interest .. .. 1,884,642 6 3 4,494,378 2 0 150 0 0 Debentures not yet converted .. .. 50 0 0 4,252 ,133 8 5 " —12,140,335 11 1 11,935,270 11 1 Waihi Gold-mining Co., Ltd. — 212,500 0 0 Purchase of Horahora works —Deed of security at 5J per cent, interest. (Due 1/11/1934) Consolidated Fund — 125,900 8 1 Interest accrued on loans to 31st March, 128,949 3 7 1935 59 8 6 Sundry creditors for interest unclaimed .. 54 13 6 — — 129,003 17 1 125,959 16 7 . Electric Supply Sinking Fund Account — 26,727 9 2 Amount due under section 23, Finance Act, 1928 BT 28,333 3 3 Amount set aside as reserve to cover differ- .. 42,137 8 1 ence between interest payable on loans 16,161 19 3 Surveys and General .. .. .. .. 15,743 7 4 raised and interest earned from their temporary investment pending use 12,328,791 0 1 Carried forward .. .. .. 12,311,476 16 3 13,529,293 0 10 Carried forward .. .. .. 13,915,413 6 5

B.—l [Pt. IV

ELECTRIC SUPPLY ACCOUNT— continued. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1935—continued. General Balance-sheet at 31st March, 1935, as compared with Position at 31st March, 1934— continued.

Notes.—(a) No charge for the cost of exchange on payments made in London is included. (6) Owing to the interconnection of the undertakings in the North Island it has not been found practicable to show separately the accounts of the various schemes as required by the State Supply of Electrical Energy Act, 1917. E. L. Greensmith, Accountant, Public Works Department. I hereby certify that the General Balance-sheet has been duly compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby, subject to the departmental notes enfaced thereon.— G. F. C. Campbell, Controller and Auditor-General.

22

1933-34. Liabilities. 1934-35. 1933-34. Assets. 1934-35. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. 12,328,791 0 1 Brought forward .. .. .. 12,311,476 16 3 13,529,293 0 10 Brought forward .. .. .. 13,915,413 6 5 Sundry Creditors — Balance in Electric Supply Account at the 64,432 11 8 North Island scheme .. .. .. 60,930 17 2 end of year — 33,355 14 0 South Island scheme .. .. .. 24,875 12 9 408,606 11 7 Cash in Public Account .. .. 330,149 10 10 121 1 11 Surveys and general .. .. .. .. 7,652 18 9 Imprests outstanding .. .. .. 2,308 5 9 85,806 9 11 — 332,457 16 7 97,909 7 7 416,259 10 4 I Depreciation Reserve — 794,820 12 9 North Island scheme .. .. .. 959,085 16 1 244,501 16 1 South Island scheme .. .. .. 323,599 14 1 1,282,685 10 2 New Zealand Loans Act, 1932, Section 61— 1,039,322 8 10 ! Charges and expenses of raising loans — ! 52,425 0 0 Issues in renewal and conversion 17,070 0 0 Premiums on conversion Sinking Fund Reserve— 69,495 0 0 160, 110 0 0 Amount utilized for redemption of loans 308,145 0 0 129,095 17 0 Available for further redemptions .. 18,338 15 3 326,483 15 3 289,205 17 0 Reserve Fund — 259,838 3 5 Lake Coleridge scheme .. .. .. 241,418 11 5 19 5 9 Sundry debtors for interest due but unpaid.. £14,015,066 16 11 Total .. .. .. .. £14,247,871 3 0 j£14,015,066 16 11 Total .. .. .. .. £14,247,871 3 0

B.—l [PT. IV],

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1935, compared with Year ended 31st March, 1934. Gross Revenue Account.

Net Revenue Account.

23

1933-34 1934-35. ! 1933-34. 1934-35. ; II ; £ s. d. To Generating-expenses, headworks, and power- £ s. d. £ s. d. £ s. d. By Sales of energy— £ s. d. £ s. d. house— 673,558 14 10 Wholesale .. .. .. 703,746 17 4 9,524 11 5 Arapuni 11,659 2 2 995 19 4 Retail 1,681 17 1 5,189 12 9 Horahora 5,193 9 4 705 . 428 14 5 8,600 4 7 Mangahao .. . • • • • • 10,827 12 6 674, 554 14 2 8.500 5 9 Waikaremoana .. .. .. 8,523 17 5 Rents 4,331 10 5 Standby stations 912 5 3 6,176 6 1 Cottages, &e 6,281 6 10 37,116 6 8 598 4 0 Lines, plant, &c. .. .. •• 679 19 8 36,146 4 11 6 ' 961 6 6 Transmission-lines — 6,774 10 1 20,362 15 6 Patrol, maintenance. &c. .. .. .. 27,895 4 4 Miscellaneous Substations 264 3 3 Tests and inspection . • ■ ■ • • is 14,865 19 8 Operation and maintenance .. .. •• 21,989 14 3 285 12 0 Penalties .. .. •• •• 1 0 Management and general — ■ • Interest 27,508 19 8 Salaries, office expenses, accident, sick, .. 33,926 0 8 and holiday pay, testing, &c. 98,883 19 9 120,927 5 11 582,995 1 9 Balance to Net Revenue Account .. .. 591,839 6 8 £681,879 1 6 £712,766 12 7 £681,879 1 6 £712,766 12 7 ~ ~ 1 —

1933-34. ' 1934-35. 1933-34. 1934-35. I _ I II . .. - - ■ - - - J—- £ s d £ s. d. £ s. d. £ 434,622 19 6 To Interest for year ended 31st March, 1935 .. .. 414,041 12 3 582,995 1 5 By Balance from Gross Revenue Account .. .. 591,839 6 8 78,716 16 11 Depreciation on completed works 150,538 10 5 .. Balance to Profit and Loss Appropriation Account .. 10,428 2, 8 38,112 10 5 King's Wharf Station, half capital costs thereon .. .. 37,687 6 8 31,542 14 11 Balance to Profit and Loss Appropriation Account .. •• £582,995 1 9 £602,267 9 4 £582,995 1 5 £602,267 9 4

B.—l [Pt. IV]

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Appropriation Account for Year ended 31st March, 1935, compared with Year ended 31st March, 1934.

24

1933-34. 1934-35. 1933-34. 1934-35. £ s * d. £ s. d. £ s. d. £ s d 607,963 2 10 To Balance from previous year .. .. .. .. 576,420 7 11 31,542 14 11 By Balance from Net Revenue Account Balance from Net Revenue Account .. .. .. 10,428 2 8 576,420 7 11 Balance to General Balance-sheet .. .. '' 586,848 10 7 £607,963 2 10 £586,848 10 7 £607,963 2 10 £586,848 10 7 Depreciation Reserve Account. £ s - d. £ s. d. £ s. d. £ a15,098 13 2 To Replacements, renewals, &c. .. .. .. .. 18,066 3 7 703,079 5 7 By Balance at close of previous year .. .. .. 794,820 12 9 794,820 12 9 Balance to General Balance-sheet .. .. .. 959,085 16 1 28,123 3 5 Interest at 4 per cent, per annum .. .. .. 31,792 16 6 78,716 16 11 Amount set aside as per Net Revenue Account .. .. 150,538 10 5 £809,919 5 11 £977,151 19 8 £809,919 5 11 £977,151 19 8 Sinking Fund Account. £ s - d. _ £ s. d. £ s. d. £ s d 6,085 18 9 To Adjustment, amount over-credited previous years .. .. 61,705 7 9 By Balance at close of previous vear .. .. .. 55 821 5 9 55,821 5 9 | Balance .. .. .. .. .. .. 55,929 15 6 201 16 9 Interest on investments .. .. .. .. 108 9 9 £61,907 4 6 I £55,929 15 6 £61,907 4 6 £55,929 15 6

i w

B—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1935.

25

H 3 J 1933-34. ; Liabilities. j 1934-35. 1933-34. Assets. 1934-35. H— i j 7 - * 1 £ s d £ s. d. £ s. d. £ s. d. He&dworks, power-house, machinery, &c. — £ s. d. £ s. d. I 794,820 12 9 Depreciation Reserve ' 959,085 16 *2,087,972 .. .. .. ..2,1^1,518^10 1,205,367 2 11 Mangahao .. .. .. •• 1,208,775 12 8 Sinking Fund- 518 ' 526 4 4 Waikaremoana 521,820 13 10 49,768 0 0 Utilized for redemption of loans .. 55,929 15 6 ' ' 6,053 5 9 Amount available for further redemption.. .. 4,122,130 8 3 ! 55,929 15 6 Auxiliary plants — nn 891 n Q 61,805 15 5 Diesel Station, Penrose .. •• 61,801 16 11 ' w 9,127 9 4 Steam Station Grand Junction .. .. 9,125 19 4 10,814 1 11 Steam Station, Huntly .. .. 10,847 1 11 81,774 18 2 64,432 11 8 Sundry creditors .. .. •• •• 60,930 17 2 81,747 6 8 1,509,068 4 11 Transmission-lines .. .. •• 1,540,374 2 10 8,345,923 3 0 Head Office Account .. 8,329,345 8 4 890,815 9 5 .. - .. 9 iH?o ,! t 27,693 1 10 Office buildings, land, railway siding, harbour .. 34,418 16 8 facilities, &c. 97,874 9 4 Service buildings, workmen's accommodation, .. 97,977 1 4 &c. 39,241 9 10 Temporary development, Waikaremoana .. .. 39,241 9 10 416,952 10 5 Salaries and expenses of engineers and others .. 428,064 11 9 on surveys and during construction 234,697 11 10 Cost of raising loans .. .. .. .. 281,992 11 10 935,641 0 8 Interest during construction .. .. .. 937,468 18 3 8,355,861 13 2 8,505,539 6 5 28,434 2 5 Plant, motor-vehicles, &c. .. .. .. 24,785 17 6 114,365 15 0 Stocks .. .. .. 107,813 0 7 6,053 5 9 Sinking Fund investments 179,862 8 11 Sundry debtors .. .. .. • • •• 180,305 2 0 576,420 7 11 Accumulated loss .. .. •• 586,848 10 7 £9,260,997 13~2~ £9,405,291 17 1 £9,260,997 13 2 £9,405,291 17 1

B.—l [Pt. IV

SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1935, compared with Year ended 31st March, 1934.

26

Gross Revenue Account. 1933 ~ 34 - 1934-35. 1933-34. 1934-35. £ s. d. To Generating-expenses, headworks, power- £ s. d. £ s. d. £ s. d. By Sales of energy— ! £ g d £ a d ,, „ houses, and auxiliary plant— 217,303 12 6 Wholesale 225,725 2 10 8,313 14 3 Lake Coleridge 8,998 6 7 35 8 7 Retail 362 12 3 Waitaki .. .. .. .. 927 4 5 99fi n«7 IS 1 6,831 16 5 Lyttelton diesel station .. .. 1,428 6 0 217,339 1 1 ' 11,353 17 0 15,145 10 8 44 8 1 Discounts forfeited .. . . .. 32 8 11 k i«r o Transmission and distribution— 1,598 12 9 Land and buildings .. .. 1,476 6 5 2*290 15 S Primary distribution .. .. 4,948 2 8 192 7 0 Electric lines and poles .. .. 202 0 6 2,290 15 8 Secondary distribution .. .. 1,549 11 10 203 8 8 Electric plant . . 192 14 6 IWTT «"""» 8 1 5 '"«SI gSSXWw :: :: :: '«■}■} 114 1 ' " 10564 58 2 6 Electrical testing .. .. .. .. 59 1 5 vehicles 9,152 18 6 Management and general expenses .. .. 9,209 13 6 39,348 2 6 35,082 18 1 180,143 16 7 Balance, to Net Revenue Account .. .. 193,013 12 8 £219,491 19 1 £228,096 10 9 £219,491 19 1 £228,096*10 9 Net Revenue Account. £ s. d* g £ s d £ d Ks'fins 1Q \ To Depreciation on completed work 78,551 19 3 180,143 10 7 By Balance from Gross Revenue Account .. 193,013 12 8 83,b08 19 5 Interest for year ended 31st March .. .. .. 97,792 3 4 85,183 11 9 Balance to Profit and Loss Appropriation Account .. 16,669 10 1 £180,143 16 7 £193,013 12 8 £180,143 16 7 ' £193,013 12 8

B.—l [PT. IV].

SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY—continued. Profit and Loss Appropriation Account.

27

1933-34. 1934-35. j 1933-34. ! 1934-35. £ s. d. To Sinking Fund Reserve Account — £ s. d. £ s. d. . , , „ f RQ , „ 20,820 10 6 Amount appropriated under section 12 (1) of the State 16,669 10 1 85,183 11 9 By Balance from Net Revenue Account .. .. Ib,bb9 10 I Supply of Electrical Energy Act, 1917 .. Adjustment amount over credited to General Reserve in 18,419 12 0 Amount appropriated under section 23 of the Finance 18,419 12 0 1933—34 Act, 1928, for year 1933-34 64,363 1 3 General Reserve Account .. .. .. .. •• £85,183 11 9 £35,089 2 1 £85,183 11 9 £35,089 2 1 Depreciation Reserve Account. £ s. d. To Amounts written off — £ s. d. £ s. d. \ £ (^' 21,511 0 9 Motor-vehicles, tools, plant, &c 9,234 2 8 244,866 17 11 , By Balance from previous year s statement .. .. 244,501 16 I 244 501 16 1 Balance 323,599 14 1 9,794 13 6 Interest at 4 per cent, peranum . . . .. 9,780 1 5 11,351 5 5 Amount set aside as per Net Revenue Account .. .. 78,551 ly 6 £266,012 16 10 £332,833 16 9 j£266,012 16 10 £332,833 16 9 General Reserve Account. £ s d £ s. d. !i £ s. d. £ s. d. To Transfer to Profit and Loss Appropriation Account amount 18,419 12 0 |l 195,475 2 2 By Balance at close of previous year .. .. .. 259,838 3 5 over ere dited 1933-34 i 1 Amount set aside as per Profit and Loss Appropriation 259,838 3 5 Balance . 241,418 11 5 jj 64,363 1 3 Account £259,838 3 5 £259,838 3 5 |s£259,838 3 5 £259,838 3 5 Sinking Fund Reserve Account. £ s (j £ s. d. £ s. d. £ s - d. 222,828 1 7 By Balance as close of previous year .. .. .. 233,384 11 3 13 437 0 4 Adjustment previous year .. .. .. •• 20,820 10 6 ' Amount set aside as per Profit and Loss Appropriation 35,089 2 1 233; 384 11 3 Balance 270,553 19 9 # Recount 2,080 6 5 £246,821 11 7 ~ £270,553 19 9 |£246,821 11 7 £270,553 19 9

B.—l [Pt. IV

SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1935.

28

1933 34 - Liabilities. 1934-35. 1933-34. Assets. 1934-35. ... f A , . . £ s. d. £ s. d. Power stations — 244,501 16 1 Depreciation Reserve .. .. .. .. 323,599 14 1 £ s. d. Lake Coleridge— £ s. d. £ s. d. 0( - Q qqq , - t> i 539,490 13 8 Headworks .. .. .. .. 541,556 10 4 259,838 3 5 Reserve Fund .. .. 241,418 11 5 249,446 16 9 Buildings and machinery .. .. 250,593 0 7 . 792,149 10 11 788,937 10 5 Sinking Fund — 110,342 0 0 Amount utilized for redemption of loans .. 252,215 4 6 Waitaki 123,042 11 3 Available for further redemptions .. 18,338 15 3 943,238 7 5 Headworks .. .. .. .. 1,067,581 15 5 „„„ ~ 270,553 19 9 593,717 5 10 Buildings and machinery .. .. 615,746 17 10 -3d, 384 11 6 1,683,328 13 3 1,536,955 13 3 . „ Su S d^. Cr w it ? . , 88 ' 888 6 1 Lyttelton diesel station .. 89,006 5 1 i S i Public Works Department .. .. 17,464 7 6 — Transmission and distribution — 1,422 0 4 Other Government Departments .. .. 416 7 9 530,564 6 10 Primary .. 597 133 3 6 10,896 9 3 Non-departmental .. .. .. 6,994 17 6 79,674 9 1 Secondary .. !. !! 71' 110 3 4 —————— 24,875 12 9 ' 668,243 6 10 33,355 14 0 610,238 15 11 357,125 5 6 Substations .. .. .. .. .. 4X2 836 13 1 4,635 4 1 Trunk Telephone System .. .. .. 19,925 8 7 87,454 19 8 Exploration and preliminary surveys .. 87,447 19 9 Q <Q1 nco O O TI J a , 47,247 6 2 Salaries and expenses during construction .. 48,197 14 0 3,481,053 3 8 Head Office Aocount .. .. .. .. 3,633,930 4 0 375,988 9 2 Interest during construction .. .. 453,865 18 1 118,727 2 2 Charges and expenses of raising loans .. 142,869 11 0 — 752,306 11 5 4,016,198 13 5 4,397,871 0 7 31,819 8 6 Plant, tools, &c. .. .. .. .. 21 591 12 2 70,945 2 8 Stocks of material .. .. .. 43,722 0 6 Sundry debtors — 713 9 2 Public Works Department .. .. 1,340 16 7 3,413 14 5 Other Government Departments .. .. 1,046 12 9 26,795 11 6 Non-departmental .. .. .. 27,114 19 8 29,502 9 0 30,922 15 1 25 9 0 Payments in advance .. .. .. .. 21 14 7 102, 222 0 9 Sinking Fund investments.. .. .. .. 1,669 5 2 £4,252,133 8 5 £4,494,378 2 0 £4,252,133 8 5 £4.494.378 2 0 = = * '

B.—l [PT. IV].

ELECTORAL DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. •• •• .. 4,990 13 7 By Miscellaneous revenue .. •• •• 918 6 Allowance to Postmaster Registrars .. .. ISO 0 0 Balance carried down .. .. .. 8,646 9 8 Postage and telegrams .. •• 324 17 11 Fuel, light, telephones .. •• •• 78 6 11 Printing and stationery •. . • • • 315 12 4 Rent 682 17 4 Travelling-expenses . .. • • • • 72 3 9 Obsolete rolls written off .. .. •• 2,040 5 0 Sundries .. .. •• •• •• 1114 £8,656 8 2 £8,656 8 2 £ s. d. £ s. d. To Balance brought down 8,646 98 By Balance carried to Balance-sheet .. .. 8,743 10 8 Interest on capital .. .. ■ • • • 97 1 0 £8,743 10 8 £8,743 10 8 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. •• •• 1,358 1 4 Furniture, fittings, and mechanical appliances .. 1,210 8 J Creditors, departmental' 115 7 6 Postage-stamps on hand 94 4 3 Treasury adjustment .. .. •• 8,628 3 2 Stock of rolls .. •• •• Stock of maps .. • • • • • • 66 u Excess of expenditure over income .. .. 8,743 10 8 £10,101 12 0 £10,101 12 0 Note.—The following charges are included for which the Department possesses no parliamentary appropriation: (a) Rental assessed by Public Works Department; (6) interest on capital. „ G. G. Hodgkins, Chief Electoral Ofiicer. G. 0. Hall, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with' the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J. H. Eowler, Deputy Controller and Auditor-General.

29

b.—i rp T . rvi.

GENERAL PURPOSES RELIEF ACCOUNT. Income and Expenditure Account foe the Year ended 31st March, 1935. Expenditure. Income To Losses written off— £ s . d. £ s. d. By Interest on advances— ' £ s d £ s d Fire relief— Fire re]ief _. .. .. 434 15 9 Interest .. .. .. 30 14 2 Flood relief .. .. .. 35 0 2 Principal.. .. .. 1,267 6 1 Frost relief .. .. .. 47 1 9 Flood relief: Principal .. 5 14 0 Hailstorm relief .. .. 12 22 Frost relief In aid of works of production .. 612 18 6 I nter ? st , 49 10 4 1,141 18 4 principal.. .. .. 299 11 3 Receipts in respect of property taken over: 1,652 15 10 Cider-manufaeturing—lnterest on advance on Interest remitted by Court order .. .. 478 II 4 mortgage .. .. .12 18 3 Interest on loans .. .. .. .. 2,450 0 0 Interest on investments .. .. .. 370 18 1 Balance, being excess of expenditure over income 3,055 12 6 £4,581 7 2 £4,581 7 2 Balance-sheet as at 31st March. 1935. < , Liabilities. Assets. Capital £ s , d. Advances under Finance Act, 1932, New Zealand Loans Act, 1932,3J per cent. .. 70,000 0 0 section 6 (3)— £ s. d £ s d Contribution from Waimarino Bush Fire Relief Fire relief .. .. .. 10 309 16 0 Association .. .. .. .. 5,200 0 0 Flood relief .. .. .. 2,'224 15 1 Interest accrued on debentures .. .. 912 17 6 Frost relief .. .. .. 2,516 14 1 Liability to Consolidated Fund for interest .. 2,764 15 0 Hailstorm relief .. .. '681 0 8 Suspense Account: Repayments not allocated .. 245 111 In aid of works of production .. 12.906 '19 0 Writings-off in Suspense (as per contra) .. 1,930 7 I 28 639 410 Sundry creditors .. .. .. .. 3 8 3 Sundry debtors for interest— Fire relief .. .. .. 1,912 12 11 Flood relief .. .. .. 286 7 5 Frost relief .. .. .. 320 16 8 Hailstorm relief .. .. 68 0 2 In aid of works of production .. 2,369 8 3 4,957 5 5 Interest accrued on advances— Fire relief .. .. .. 103 8 7 Flood relief .. .. .. 5 18 1 Frost relief .. .. .. 22 13 7 Hailstorm relief .. .. 3 8 0 In aid of works of production .. 147 14 5 — 283 2 8 Assets under realization : Fire relief .. .. 198 11 5 Postponed interest .. .. .. .. 157 2 7 Property Account: Cider-manufacture—Advance secured on portion of property disposed of .. 249 5 2 Accrued interest thereon .. . . .. 3 9 6 Sundry debtors .. .. .. .. 464 6 8 Losses in Suspense .. .. . . .. 1,930 7 1 Interest accrued on investments .. .. 45 10 1 Cash— Public Account .. .. .. .. 12,545 13 8 State Advances Account .. .. .. 418 15 10 Investments .. .. .. .. 10,900 0 0 Income and Expenditure Account— £ s. d. Balance, Ist April, 1934 .. 17,208 2 4 Balance, 31st March, 1935 .. 3,055 12 6 20,263 14 10 £81,056 9 9 £81,056 9 9 Note. —Interest on overdue instalments has not been brought into account. B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental note enfaced thereon.—G. F. C. Campbell, Controller and Auditor-General.

30

B.—l [PT. IV],

GOVERNMENT FIRE INSURANCE FUND. (Established under Section 133 of the Public Revenues Act, 1926.) Revenue Account fob the Year ended 31st March, 1935. Dr. £ s. d. Or. To Accumulated Fund as at Ist April, 1934 .. 42,822 15 7 By Claims — £ s. d. Public Trust Office: Interest on balance at Massey College .. .. .. 14 5 credit .. .. .. .. 1,597 10 2 Education Department .. .. .. 10,984 2 7 Contributions by Government .. .. 20,000 0 0 Police Department .. .. .. 24 5 10 Public Works Department .. .. 954 8 9 Small-farm schemes .. • • •. 323 18 2 Accumulated fund as at 31st March, 1935 .. 52,109 16 0 £64,420 5 9 £64,420 5 9 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Accumulated Fund as at 31st March, 1935 .. 52,109 16 0 Amount invested in the Common Fund of the Public £ s. d. Outstanding claims .. .. . • • • 5,540 5 6 Trust Office .. .. .. .. 57, 530 5 0 Sundry debtors for claims overpaid .. .. 119 lb b £57,650 1 6 £57,650 1 6 Contingent liabilities : Estimated value of Govern- £ s. d. ment buildings at Napier destroyed by fire during the earthquake on 3rd February, 1931, which will become a claim on the fund if it is decided to rebuild .. .. .. ..11,500 0 0 Estimated cost of replacing Defence Department buildings destroyed by fire .. .. .. 4, 490 0 0 Estimated cost of replacing cottage under Smallfarm Scheme destroyed by fire .. .. 185 0 0 £16,175 0 0 B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. J. H. Fowler, Deputy Controller and Auditor-General. KAURI-GUM INDUSTRY ACCOUNT. (Abolished.) Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital: Debentures at 3 J per cent. .. .. 57,000 0 0 Realization Account .. .. .. ■■ 15 1 0 Writings-off reserve .. .. .. •. 1,588 610 Advances on gum .. .. .. •. 211 10 Treasury Adjustment Account .. 16,041 1 7 Sundry debtors .. .. .. .. 28 14 0 Losses in Suspense .. .. .. .. 1,588 610 Accumulated loss (account abolished 31st March, 1931) .. .. .. .. .. 72,994 14 9 £74,629 8 5 £74,629 8 5 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General.

31

B.—l [PT. IV],

B. —l [PT. IV].

GOVERNMENT LIFE INSURANCE DEPARTMENT. Revenue Account op the Government Life Insurance Department por the Year ended 31st December, 1934. £ s. d. [ £ s. d Amount of funds at Ist January, 1934 8,965,061 2 5 Death claims under assurance policies, Renewal premiums—Assurance, annu- including bonus additions .. 201,389 6 0 ity, and endowment, less reinsurance Endowment assurances matured, includpremiums .. .. .. 583,667 5 0 ing bonus additions .. .. 312,955 2 0 New premiums (including instalments Endowments matured .. .. 10,314 19 0 of first year's premiums falling due Premiums returned on endowments .. 192 0 2 in the year) less reinsurance premiums 33,336 1 5 Bonuses surrendered for cash .. 13,086 8 11 Single premiums—Assurance and en- Annuities .. .. .. 25,526 9 11 dowment .. .. .. 50,484 12 3 Surrenders .. .. .. 53,204 10 7 Consideration for annuities .. .. 43,466 3 0 Loans released by surrender.. .. 98,840 6 0 Interest, rent, and other £ s. d. £ s. d. income .. 417,655 17 7 Commission, new* .. 27,702 14 6 Less land and in- ~ renewal 4,103 7 4 come tax, £20,833 3j ggg j jq 3s. 3d.; property Contribution to Public Service Superexpenses, £1,268 annuation Fund .. .. .. 727 1 0 Bs. 9d. .. .. 22,101 12 0 £ s. d. 395,554 5 7 Expenses of management— Salaries .. .. 33,611 14 6 Extra clerical assistance .. .. 415 9 11 Payment to Treasury under Finance Act, 1931 (No. 2) .. 916 6 0 Medical fees and expenses .. .. 1,480 3 10 Travelling-expenses 897 4 4 Advertising .. 348 6 9 Printing and stationery .. .. 1,276 7 3 Rent .. .. 4,656 15 10 Postage and telegrams .. .. 1,649 19 11 Exchange .. 34 5 1 Audit fees .. 325 0 0 General expenses .. 4,901 15 1 50,513 8 6 Property depreciation .. .. 1,250 0 0 Transfer to Investment Fluctuation Reserve Account .. .. 30,000 0 0 Amount of funds, 31st December, 1934 9,241,763 15 9 £10,071,569 9 8 £10,071,569 9 8 * Including agents' allowances. -Balance-sheet op the Government Lipe Insurance Department on 31st December, 1934 Liabilities. Assets. £ s - d - £ s. d. Total assurance, annuity, and en- Loans on policies .. .. .. 1,272,174 17 9 dowment funds (as per Revenue New Zealand Government securities .. 2,520,060 0 0 Account) .. .. .. 9,241,763 15 9 Loans to Local Bodies .. .. 1,284,335 1 6 Claims admitted, proofs not yet Landed and house property .. 121,603 2 7 completed .. .. .. 40,894 19 2 Landed and house property (leasehold) 2,023 10 0 Annuities .. .. .. 312 15 1 Mortgages on property .. .. 3,801,369 11 0 Commission .. .. .. 469 1 0 Properties acquired by foreclosure .. 34,666 19 9 Medical fees .. . . .. 143 17 0 Overdue premiums rjn £ s. d. Premium and other deposits .. 8,682 16 6 policies in force .. 6,501 19 5 Sundry creditors .. .. .. 3,233 12 7 Outstanding premiums Accident and Fidelity Fund.. .. 5,000 0 0 due but not overdue 57,030 8 1 Investment Fluctuation Reserve .. 453,843 3 4 63,532 7 6 Sinking funds on local £ s. d. Overdue interest .. 48,238 911 body loans .. 14,215 511 Outstanding interest Interest accrued there- due but not overdue 10,863 2 9 on .. .. 199 13 11 Interest accrued but 14,414 19 10 not due .. .. 97,302 0 6 156,403 13 2 Sundry debtors .. .. .. 864 15 9 Income-tax paid in advance.. .. • 22,500 0 0 Cash in hand and on current account.. 489,225 1 3 £9,768,759 0 3 £9,768,759 0 3 W. E. Arnold, Commissioner. J. W. Macdonald, Secretary. The Audit Office, having examined the Revenue Account and Balance-sheet, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. E. C. Campbell, Controller and Auditor-General.

32

B.—l [PT. IV]

GOVERNMENT STORES MARINE INSURANCE FUND. (Established under section 134 of the Public Revenues Act, 1926.) Revenue Account for the Year ended 31st March, 1935. Dr. £ s. d. Gr. To Accumulated fund to Ist April, 1934 .. 18,482 6 1 By Claims — £s. d. £ s. d. Agriculture Department .. 3 15 Insurable Value Premiums Mental Hospitals .. .. 315 0 of Imports ss. Naval Defence .. .. 013 8 Exports. Cent. Post and Telegraph .. .. 29 10 2 Premiums — £ £ s. d. Printing and Stationery .. 2 16 1 Agriculture Department .. 3,334 8 610 Public Works.. .. .. 24 9 2 Customs .. .. .. 102 0 5 1 Railways .. .. .. 30 19 3 Defence 16,005 40 0 3 — 95 4 9 Education .. .. .. 4,124 10 6 2 Accumulated Fund as at 31st March, 1935 .. 21,340 911 External Affairs .. ■■ 4,133 10 6 8 Health .. .. .. 5,220 13 1 0 Industries and Commerce, Tourist, and Publicity .. .. 1,595 3 19 9 Justice .. .. .. 1,676 4 3 10 Lands and Survey .. .. 7,593 18 19 7 Marine .. .. .. 482 1 4 1 Mines.. .. .. .. 1,610 4 0 6 Mental Hospitals .. .. 15,250 3826 Naval Defence .. .. 84,963 212 8 2 Police .. .. • • 734 1 16 9 Post and Telegraph .. .. 88,396 220 19 7 Printing and Stationery.. .. 50,040 125 2 0 Public Works .. .. .. 140,183 350 9 3 Railways .. .. .. 490,069 1,225 3 5 Scientific and Industrial Research 1,840 4 12 0 917,349 2,293 7 5 Public Trust Office : Interest at Common Fund rate on balance at credit .. .. 660 1 2 £21,435 14 8 £21,435 14 8 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Accumuated Fund .. .. .. 21,340 911 Amount invested in Common Fund of the Public Sundry creditors (departmental) .. .. 33 17 10 Trust Office .. .. .. •• 20,708 12 3 Sundry debtors (departmental).. .. .. 665 15 6 £21,374 7 9 £21,374 7 9 B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to tie Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General. GREYMOUTH HARBOUR BOARD: SPECIAL COAL RATE. (Crown's proportion of Special Coal Rate collected by Greymouth Harbour Board under section 12 of Greymouth Harbour Board Act, 1884.) Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Interest at 5 per cent. 011 capital liability .. 7,081 19 oBy Coal rate received - ■ •• •• 1,391 1 7 Amount collectable outstanding .. .. 229 14 3 Balance.. .. .. .. 5,461 3 2 £7,081 19 0 £7,081 19 0 £ s. d. £ a- d. To Balance, Ist April, 1934 .. .. .. 212,325 10 9By Balance .. .. .. . • 217,/86 13 11 Balance brought down .. .. .. 5,461 3 2 £217,786 13 II £217,786 13 11 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital liability .. .. .. .. 141,639 1 0 Amount of coal rate collectable but outstanding.. 229 14 3 Interest due and unpaid .. .. .. 218,016 8 2 Treasury Adjustment Account .. .. 141,639 1 0 Income and Expenditure Account .. .. 217,786 13 11 £359,655 9 2 £359,655 9 2 B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

s—B. 1 [PT. IV].

33

B.—l [Pt. IV].

HAURAKI PLAINS SETTLEMENT SCHEME Rate Account as at 31st March, 1935. Dr. £ s. d. Or. £ s . d. To Maintenance of completed works . . .. 1,194 03 By Balance brought forward .. .. 1,858 3 2 Remission of rates .. .. .. .. 112 8 1 Rates levied .. .. .. .. 1*534 12 7 Balance .. .. .. .. .. 2,154 3 6 Penalty, 10 per cent. .. .. .. 67 16 1 £3,460 11 10 £3,460 11 10 Revenue Account foe the Year ended 31st March, 1935. Dr - £ s. d. Cr. £ s. d. To Interest on Public Works Fund capital .. 35,598 411 By Accrued rents .. .. .. .. 9,837 12 6 Kaihere Ferry expenses .. .. .. 194 11 9 ' Interest on sales of land .. .. .. '817 11 4 Kaihere Ferry: Half profit to County Council 4 9 4 Grazing-fees .. .. .. .. 110 9 1] Administration expenses .. .. .. 380 3 4 Ferry fares .. .. .. .. 203 10 6 Remissions of rent .. .. .. 738 13 5 Hire of plant .. .. .. . . 188 5 9 Remissions of interest .. .. .. 60 10 4 Forfeited deposits .. .. . . 7 10 0 Rebates .. .. .. .. .. 621 9 0 Net loss carried down .. .. .. 26,510 19 11 Irrecoverable rents, &c. .. . . .. 63 7 10 Premiums on conversion .. .. .. 14 10 0 £37,675 19 11 £37,675 19 11 £ s - d- £ s. d. To Net loss brought down .. .. .. 26,510 19 11 By Balance carried forward .. .. .. 228,801 9 b Balance from previous year .. .. 202,290 9 7 £228,801 9 6 £228,801 9 6 Balance-sheet as at 31st March, 1935. jTjiO/bilitics • Capital Account— £ s. d. £ s. d. Improved lands handed over to £ s. d. £ s. d. Public Works Fund .. .. 842,239 14 10 Land Board for settlement— Value of Crown land set apart Leased .. .. .. 186,497 911 under Act .. .. 45,000 0 0 Unleased .. .. .. 17 3 887,239 14 10 Unpaid purchase - money for Discharged Soldiers Settlement land sold on deferred payAccount : Merged transactions ments .. .. . . 15 105 II 9 under section 20, Discharged ' 213 111 18 11 Soldiers Settlement Amend- Unimproved value of land not disposed of .. 41,908 3 11 ment Act, 1923 .. .. .. 418 1 1 Improvements on adjoining Crown lands .. 7,710 0 0 Sundry creditors— Permanent reserves .. .. .. .. 8,851 0 0 Miscellaneous .. .. 2,058 9 8 Works in progress: Expenditure on land in course Departmental .. .. 9 12 6 of reclamation, including formation and metal- , ' 2,068 22 ling of roads .. .. .. .. 564,120 711 Rent charged in advance .. .. 2,382 10 0 Artesian wells— £ s. d. Rate Account .. .. 2,154 3 6 Crown tenants, Hauraki Plains 417 10 9 Payments in advance— Permanent reserves and Crown Rent • • • • ■ ■ 15 15 1 lands .. .. .. 216 10 9 Rates .. .. .. 7 8 10 634. 1 6 Instalment of principal, de- Buildings .. .. .. .. 4 504 17 7 ferred payment sales .. 111 2 Wharves .. .. '' . , \. 7 0 Instalment of interest, deferred Machinery and plant .. .. .. .. 30,956 15 1 payment sales .. .. 0 0 3 Live-stock .. ... .... ... ■ .... 31 1 6 Miscellaneous .. .. 0 7 6 Loose tools .. .. .. .. . . 996 11 10 25 210 Stores and fuel .. .. .. .. 3,930 5 5 Suspense Account .. .. .. . . 59 18 5 Stamps on hand .. .. .. .. 0 10 Writings-ofi in Suspense .. .. . 164 0 4 Sundry debtors— £ s. d. , Deposits by lessees: Surety against drain-damage 10 0 0 Rent .. .. .. 3,909 6 0 Treasury Adjustment Account .. .. 230,982 12 2 Rates ... .. '! 3'545 10 9 Instalment of principal on deferred payment sales ~ 197 17 11 Instalment of principal on buildings . . .... 762 Interest on well-boring .. 117 4 6 Interest, deferred payment sales 412 19 3 Law-costs .. .. .. 101 12 5 Tram freights and ferry fares .. 19 4 3 Grazing .. .. .. 65 13 9 Miscellaneous .. .. 5,185 17 7 Departmental .. .. 947 13 6 v- 14,510 6 1 Postponed rent .. .. .. .. 1,386 149 Postponed interest .. .. .. .. 20 3 4 Losses in Suspense .. .. .. . . 164 0 4 Interest accrued but not due .. .. .. 204 0 0 Premiums on conversion .. .. .. 116 0 0 Cash in transit from Post-office .. .. 141 19 8 Deposits Account .■. ■ .. .. 10 0 0 Revenue Account: Balance forward .. .. 228,801 9 6 £1,12.5,504 5 4 £1,125,504 5 4 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Rate and Revenue Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : (1) In the opinion of the Audit Office interest charged on works in progress should be capitalized ; (2) a Bad Debts Reserve should be created ; (3) suggestions in reference to the treatment of expenditure on lands already handed over for settlement were made to and are at present under consideration by the Department; (4) that the accounts of the Auckland District Lands Office and Chief Drainage Engineer, the audit of which has not yet been completed by the local Audit Inspector, are in agreement with the Head Office books ; (5) no charge for the cost of exchange on payments made in London is included in the account.—J. H. Fowler, Deputy Controller and Auditor-General.

34

B.—l [PT. IV

DEPARTMENT OF INTERNAL AFFAIRS. HEAD OFFICE (INCLUDING SUBDIVISIONS I, 111, IV, VIII, AND SPECIAL ACTS. Income and Expenditure Account foe the Year ended 31st March, 1935. Expenditure. Income. Departmental Administrative Charges. By Sundry revenue— £ s. d. £ s. d. £ s. d. £ s. d. Auctioneers' license fees, eomTo Salaries .. •• .. 20,830 10 2 mission on .. .. 242 0 0 Commissions of Inquiry .. 11,868 610 British Nationality of Aliens , Q , Freight and cartage .. .. 262 5 5 Act Fresh-water fisheries.. .. 4,390 18 8 Cinematograph films, censorLight, power, and water .. 361 14 1 ship of.. .. .. 2,219 b 9 Office-cleaning .. .. 144 13 0 By-laws Act .. 3 3 0 Postage .. •• 348 811 Land Agents Act .. .. 6,013 16 0 Printing and stationery .. 885 7 7 Opossum revenue .. .. 11,943 18 5 Publications .. 634 3 6 Passport fees .. .. 3,031 19 5 Rent of offices .. .. 3,326 8 3 Deer herds, reduction of .. 3,380 10 10 Telephone services .. .. 346 12 3 Fresh-water fisheries .. 5,434 14 5 Travelling-expenses of officers.. 486 18 2 Totalizators, mspection of .. 990 5 10 Deer herds, reduction of .. 4,903 7 6 Interest on loan .. .. 44 7 0 Ehtertaining visitors to New Imperial War Graves ComZealand .. .. •• 4,021 13 0 mission .. •• 20,000 0 0 Totalizators,'inspection of .. 978 8 2 Miscellaneous revenue .. 624 16 8 Turnbull Library, expenses of 44110 1 Balance carried down ..314,146 15 9 War graves, upkeep of .. 2,095 17 7 368,421 12 2 Depreciation •. • • 1,159 15 9* Losses in Suspense .. .. 162 9 1 Sundries .. .. 505 9 5 58,404 17 5 General Public Service Administrative Charges. £ s. d. To Salaries .. •• •• 63,334 18 1 Fuel for Government offices .. 1,430 18 8 Light, power, and water .. 5,055 6 5 Printing and stationery for Ministers' offices . . .. 785 10 10 Publications for Ministers'offices 295 12 1 Telephone services .. • ■ 1,229 710 Travelling allowances and expenses of Ministers .. 3,696 10 11 Travelling allowances and expenses of private secretaries.. 1,431 18 7 Travelling allowances and expenses of Ministerial staff 52 1 4 Office-cleaning .. • • 2,065 11 6 Ministerial telegraphic m e m oranda .. ■. • • 5,350 0 0 New Zealand Gazette .. •. 3,999 1 1 Charges not allocated .. 199 13 0 Sundries . ■ • • 109 ' " 89,036 8 5 Special Acts. £ s. d. T6 Salaries .. •• 16,900 311 Appropriation Act, 1926, section 15 .. 1,355 15 0 18,255 18 11 Other Charges. To Cost-of-living bonus to annuit- £ s. d. ants 1.261 11 2 Grants .. •• •• 5,526 0 3 Public Service Superannuation Fund, contribution to .. 86,000 0 0 Superannuation Funds: Increased allowances to widows and children .. •• 11,536 5 7 Reimbursement on account of reduction in rate of interest .. 52,152 0 0 Companies Act: Expenses in connection with special investigation .. 4,941 5 9 Monetary Committee expenses 918 8 8 Roval Visit, expenses in connection with.. •• •• 36,669 6 6 ( Subsidies to Fire Boards .. 3,365 12 2 SuDdrieS 353 17 4 202,724 7 5 £368,421 12 2 £368,421 12 2 ■j £ s d. £ s. d. TW down •• 314,146 15 9 By Miscellaneous revenue .. .. • • 2 16 0 Interest on cfpital " 1,333 11 11 ' Balance carried to Balance-sheet .. .. 315,477 11 8 £315,480 7 8 £315,480 7 8 equipment, £2 75.; camp-equipment, £58 18s. Id.: total, £1,159 15s. 9d.

35

B.—l [PT. IV].

DEPARTMENT OF INTERNAL AFFAlRS—continued. SUBDIVISION EL—GOVERNMENT ACTUARY. Income and Expenditure Account for the Year ended 31st March, 1935. „£, , . Expenditure. £ s. d. Income. £ s. d. io Salaries .. .. .. .. .. 3,732 9 2 By Contributions from other Departments .. 2,595 11 4 , . •• •• •• •• •• 110 13 1 Balance carried down .. .. .1 406 3 8 Sundries .......... 109 7 11 Depreciation— £ s. d. Furniture and fittings .. .. 19 19 11 Mechanical appliances .. .. 29 411 49 4 10 £4,001 15 0 £4,001 15 0 £ s. d. £ s d To Balance brought down .. .. .. 1,406 38 By Balance carried to balance-sheet .. 1 414 16 4 Interest on capital .. .. .. .. 8128 £I > 4M 16 £1,414 16 4 SUBDIVISION V,— HIGH COMMISSIONER. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ a. d. Income. To Salaries .. .. .. .. .. 23,053 16 3 By Sundry revenue— £ s d Advertising .. .. .. .. 156 17 11 Salaries .. .. .. .. 5 145 8 3 Fuel and light .. .. .. .. 665 17 6 Shipping charges .. .. '166 4 7 allowance: High Commissioner .. 937 10 0 Rent of offices .. .. . . 5 520 19 0 Grant "to officer transferred to London .. 200 0 0 Miscellaneous revenue .. '' \ \ ' 112 4 7 Maintenance of freehold property .. .. 1,353 1 9 Balance carried down .. .. .. 30 707 12 3 Office-cleaning .. .. .. .. 141 5 4 ' Official entertainments .. .. .. 206 16 2 PostageJ.. •• ••• •• 1,244 0 6 Printing and stationery .. .. .. 536 5 1 Rent of offices .. .. .. .. 7,361 0 8 Repairs to offices .. .. .. .. 430 12 11 Losses in suspense.. .. .. .. 122 0 0 Sundries.. .. .. .. .. 1,027 13 3 Depreciation— £ s. d. Buildings .. .. .. 3,211 3 2 Furniture and fittings .. 517 19 1 Mechanical appliances .. 137 19 0 Library .. .. .. 94 2 7 Motor-vehicles .. .. 254 7 6 — 4,215 11 4 £41,652 8 8 £41,652 8 8 £ s. d. £ s d To Balance brought down .. .. .. 30,707 12 3By Sale of old car .. .. .. .. 565 0 0 Interest on capital .. .. .. 6,948 10 7 Recovery on account of expenditure of previous years .. .. .. .. .. 542 4 8 Balance carried to Balance-sheet .. .. 36,548 18 2 £37,656 2 10 £37,656 2 10 SUBDIVISION VI,— MUSEUM. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £s. d. To Salaries .. .. .. .. .. 2,436 8 7 By Sundry revenue .. .. .. .. 216 0 Rent .. .. .. .. .. 1,024 0 0 Balance carried down .. .. ..4 175 13 1 Sundries .. .. .. .. .. 540 19 0 ' £ s. d. Furniture and fittings .. .. 114 9 0 Tools and utensils .. .. 4 2 6 Library .. .. .. 58 10 0 177 1 6 £4,178 9 1 £4,178 9 1 £ s. d. £ s _ ,j To Balance brought down .. .. .. 4,175 13 1 By Balance carried to Balance-sheet ..... 4 422 14 3 Interest on capital • ... .. 247 .1 2 ' £4,422 14 3 £4,422 14 3

36

B. —1 [PT. IV].

DEPARTMENT OP INTERNAL AFFAlRS—continued. SUBDIVISION VII.—EXPLOSIVES BRANCH. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. •• 2,819 9 6 By Explosives license fees .. .. .. 6,163 19 4 Magazine expenses .. .. . • • • 993 1 9 Magazine revenue .. .. .. .. 1,323 7 6 Rent of offices .. .. . / 87 0 0 Storage of powder .. .. .. .. 1,566 17 7 Travelling-expenses .. .. .. 771 4 1 Sundry revenue .. .. .. .. 72 18 9 Sundries .. .. •. ■ • • • 308 12 11 Depreciation — £ s. d. Furniture and fittings . . .. 26 12 4 Buildings .. . • • • 400 2 8 Mechanical appliances .. .. 14 0 Bicycles .. .. 0 18 11 428 17 11 Balance carried down .. .. .. 3,718 17 0 £9,127 3 2 £9,127 3 2 £ s. d. £ s. d. To Interest on capital .. .. .. 312 18 2 By Balance brought down .. .. .. 3,718 17 0 Balance carried to Balance-sheet .. .. 3,405 18 10 £3,718 17 0 £3,718 17 0 Combined Income and Expenditure Account for the Year ended 31st March, 1935. (Including Subdivisions I to VIII and Special Acts.) To Balances from separate accounts as under— £ s. d. By Balances from separate accounts as under : £ s. d. Head Office .. .. .. .. 315,477 11 8 Explosives Branch .. .. .. 3,405 18 10 Government Actuary .. .. .. 1,414 16 4 Balance carried to Combined Balance-sheet .. 354,458 1 7 High Commissioner .. .. •• 36,548 18 2 Museum .. .. .. .. 4,422 14 3 £357,864 0 5 £357,864 0 5 Notes. —(1) The following charges are included for which the Department possesses no parliamentary appropriation : (a) Interest on capital; (6) rental assessed by Public Works Department. (2) No charge for the cost of exchange on payments made in London is included in the accounts. Combined Balance-sheet as at 31st March, 1935. (Including Subdivisions I to VIII and Special Acts.) Liabilities. Assets. Capital as at 31st March, 1935— £ s. d. £ s. d. Departmental assets : Head Office Public Works Fund .. 168,012 17 10 and sub-Departments— £ s. d. £ s. d. Consolidated Fund .. .. 134,957 1 6 Land .. .. .. 14,250 10 6 302,969 19 4 Buildings.. .. .. 123,133 6 2 Creditors — Consumable stores .. .. 542 2 7 Departmental .. .. 2,455 7 2 Tools and utensils .. .. 351 0 6 Sundry .. .. .. 8,398 410 Furniture and fittings .. 4,875 11 3 10,853 12 0 Mechanical appliances .. 572 3 9 Rent paid in advance .. .. .. 4 8 6 Motor-vehicles .. . . 841 0 0 Repayment of loans in advance .. .. 77 8 4 Bicycles .. .. .. 513 10 Writings off in suspense .. .. .. 284 9 1 Library .. .. .. 1,265 16 2 Treasury Adjustment Account .. .. 348,520 19 1 Photographic apparatus . . 53 3 3 145,890 8 0 Special departmental assets — Head Office— Turnbull Library building 6,612 16 0 Turnbull Library.. .. 57,547 10 10 Fish-hatcheries .. .. 2,664 5 0 Wharves and beacons .. 226 3 4 Launches and boats . . 121 2 5 Horses and dogs .. .. 13 4 2 Camp outfit: Inspector under Animals Protection and Game Act .. .. 8 3 0 Camp-equipment.. .. 79 14 2 Hunting-equipment .. 12 9 1 Stock of deer-skins .. 120 13 3 67,406 1 3 High Commissioner — Lease of buildings . . 20,425 0 0 Lease of buildings, Suspense Account .. .. 14,623 0 2 Motor accessories .. 10 0 35,049 0 2 Museum exhibits .. . . .. . . 54,725 3 2 Explosives Branch: Explosives appliances .. 20 0 0 Debtors — £ s. d. Departmental .. .. 1,240 14 0 Sundry .. .. .. 2,653 19 11 Stranded New-Zealanders .. 982 19 2 4,877 13 1 Losses in suspense .. .. .. .. 284 9 1 Excess of expenditure over income .. .. 354,458 1 7 £662,710 16 4 £662,710 16 4 J. W. Heenan, Under-Secretary. F. B. Dwyer, Accountant. I hereby certify that the Income and Expenditure Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —J. H. Fowler, Deputy Controller and AuditorGeneral.

37

B.—l [PT. IV],

LAND AND DEEDS DEPARTMENT. Income and Expenditure Account foe the Yeab ending 31st MaecH, 1935. Expenditure. £ s. d. Income. £ s. d. To Advertising .. .. .. .. 223 II 7 By General fees .. .. .. .. 38,736 6 0 Binding .. .. .. .. .. 336 II 11 _ Deeds fees .. .. .. .. 2,217 3 9 Fuel and light .. .. .. .. 267 14 9 Compulsory titles .. .. .. .. 3,716 5 0 Office equipment .. .. .. .. 50 6 1 Land-tax registrations .. .. .. 378 2 4 Telephone .. .. .. .. 211 6 2 Salaries .. •• .. 37,833 13 6 Law-costs .. . . .. .. 3 3 0 Office-cleaning .. .. .. .. 7646 Printing and stationery .. .. .. 545 1 1 Rent .. .. .. .. .. 6,691 1 7 Compensation (loss of land) . . .. 80 0 0 Depreciation— Furniture, 7\ per cent. .. .. .. 1,416 4 4 Mechanical appliances, 10 per cent. .. 165 0 10 Library, 5 per cent. .. .. .. 23 7 0 Loss on equipment disposed of . . .. 118 6 Transfer expenses .. .. .. .. 10 17 5 Travelling expenses and allowances .. .. 89 14 11 Freight and cartage .. . . .. 33 5 9 Postage .. .. . • - • • • 249 17 8 Draughtsmen's work .. .. .. 9,704 6 0 By Balance carried down .. .. .'. 12,974 19 6 £58,022 16 7 £58,022 16 7 £ s. d. £ s. d. To Balance brought down .. .. .. 12,974 19 6 By Excess of expenditure over income for year Interest on capital .. .. .. 278 15 8 ending 31st March, 1935 .. .. 13,253 15 2 £13,253 15 2 £13,253 15 2 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental values as assessed by the Public Works Department; (6) interest on capital; (c) depreciation on assets. Balance-sheet as at 31st Mabch, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 5,851 15 6 Furniture .. .. .. .. .. 5,163 10 9 Creditors — Mechanical appliances .. .. .. 244 7 9 Departmental .. .. .. . . 23 1 1 Library .. .. .. .. .. 443 17 0 Sundry .. .. .. .. .. 74 17 5 Assets in Suspense .. .. .. .. 11 8 6 Writing off suspense .. .. .. .. 11 8 6 Sundry debtors (departmental) . . .. 16 2 Treasury Adjustment Account .. .. 13,157 2 10 Excess of expenditure over income for year ending 31st March, 1935 .. .. .. .. 13,253 15 2 £19,118 5 4 £19,118 5 4 P. G. Peabce, Secretary for Land and Deeds. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J. H. Eowler, Deputy Controller and Auditor-General.

38

B,—l FPT. IVI.

LAND AND INCOME TAX DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1935. Expenditure. Income. £ s. cl. £ s. d. £ s. d. By Land-tax .. .. .. .. 451,232 411 To Salaries .. .. .. 46,241 1 11 Income-tax .. .. .. .. 3,747,860 9 4 Alterations .. .. 330 10 3 Film-hire Tax Account .. .. .. 44,914 16 11 Advertising, &c. .. .. 652 2 3 Unclaimed Moneys Account .. . . 4,817 11 1 Gas and lighting .. .. 18 1 2 Interest on public moneys .. .. 249 9 3 Law-costs .. .. .. 170 16 7 Office-cleaning .. .. 43 11 9 Postage and telegrams .. 2,388 10 3 Printing and stationery .. 1,938 13 5 Refunds of unclaimed moneys 483 18 3 Rent .. .. ~ 2,311 5 0 Repairs and renewals .. 157 19 11 Sundry expenses . . . . 14 7 3 Telephone services .. .. 211 6 10 Travelling allowances and Expenses .. .. .. 1,038 5 0 Services rendered by other Departments — Customs Department: Collecting deposits .. 200 0 0 Post and Telegraph Department : Receiving payment of tax .. .. 2,041 5 6 Valuation Department: Contribution towards expenses 10,587 0 6 Interest on payments in advance, section 8, Finance Act, 1934 .. .. 9,310 3 4 78,138 19 2 Depreciation— Furniture and fittings .. 214 0 4 Appliances .. .. 53 3 7 Library .. .. 16 18 5 — 284 2 4 Balance carried down ... .. . • 4,170,651 10 0 £4,249,074 11 6 £4,249,074 11 6 £ s. d. £ s. d. To Interest on capital .. .. .. 98 4 1 By Balance brought down .. .. .. 4,170,651 10 0 Excess of revenue over expenditure .. 4,170,553 5 11 £4,170,651 10 0 £4,170,651 10 0 Percentage cost of collection, 1-624. The following charges are included for which the Department possesses no parliamentary appropriation : (a) Assessed rents ; (b) interest on capital; (c) cost of collection of deposits. No charge for the cost of exchange on payments made in London is included in the accounts. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. •• .. 2,364 5 6 Furniture and fittings .. .. .. 1,745 16 1 Sundry departmental creditors .'. .. 11,807 18 0 Appliances .. .. .. .. 445 18 8 Sundry other creditors .. .. .. 49,228 15 8 Library .. .. .. .. .. 172 10 9 Suspense Account, default assessments .. 150,000 0 0 Forms and stationery .. .. 1,148 ] 0 Excess of revenue over expenditure ... .. 4,170,553 5 11 Official stamps .. .. .. .. 8 0 0 Sundry departmental debtors . . .. 19 9 Sundry other debtors .. . . . . 448,970 14 7 Cash in hand, Post Office .. .. .. 41,703 15 8 Treasury Adjustment Account .. .. 3,889,757 18 7 £4,383,954 5 1 £4,383,954 5 1 C. E. Dowland, Commissioner of Taxes. I hereby certify that the Income and Expenditure Acconnt and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. —J. H. Fowler, Deputy Controller and Auditor-General.

39

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT. AUCKLAND MUSEUM ENDOWMENT ACCOUNT. Receipts and Payments Account fob the Yeab ended 31st Maech, 1935. » 5 Receipts. £ g. d. Payments. £ s. d. To Balance : Cash in Local Bodies' Deposit Accounts of By Payments to Auckland Museum Trustees under seethe Receiver of Land Revenue at North Auckland, " tion 4, Auckland Museum Endowment Act, 1882— Auckland, and Gisborne —On account of rents Rents and interest .. .. .. 33 10 8 and interest .. .. .. .. 2109 Administration expenses .. .. .. 311 8 Sales of land .. .. .. .. 17 1 6 Balance : Cash in Local Bodies' Deposit Accounts of Rents and interest .. .. .. .. 35 12 5 the Receivers of Land Revenue at Auckland and Gisborne— £ s. d. On account of sales of land .. 17 1 6 On account of rents and interest .. 0 14 10 17 16 4 £55 4 8 £55 4 8 Revenue Account foe the Yeae ended 31st March, 1935. Dr. £ S. d. Or. £ s . d. To Administration expenses .. .. .. 115 8 By Accrued rents and interest .. .. .. 33 14 11 Balance carried down .. .. .. ..31193 £33 14 11 £33 14 11 To Amount due to Auckland Museum Trustees for rents £ s< f and interest as per section 4, Auckland Museum £s. d. By Balance from previous year .. .. .. 212 0 Endowment Endowment Act, 1882 .. .. 33 16 8 Balance brought down ' .. .. .. 31 19 3 Balance carried forward .. .. . . 0 14 7 £34 11 3 £34 ii 3 Balance-sheet as at 31st Maech, 1935. Liabilities. £ s. d. £ s. d. Assets. £ s . d. Auckland Museum Trustees: Value of Land .. .. .. .. .. .. 839 8 9 land endowed under Auckland Sundry debtors for rents .. .. .. 0 0 6 Museum Endowment Act, 1882 10,000 0 0 Cash in Local Bodies' Deposit Accounts of Receivers Less repayments to Trustees in of Land Revenue at Auckland and Gisborne .. 17 16 4 respect of sales of land .. 9,283 15 0 716 5 0 Sundry creditors .. .. .. .. 140 6 0 Revenue Account . . .. .. .. 0 14 7 £857 5 7 £857 5 7 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowleb, Deputy Controller and Auditor-General. BLUFF HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. £ s. d. Payments. £ s. d. To Balance in Local Bodies' Deposit Account of By Administration expenses paid to Consolidated Receiver of Land Revenue, Invercargill, on Fund under section 4, Land Laws Amendment Ist April, 1934 .. .. .. .. 16 3 0 Act, 1927 .. .. .. .. 79 12 3 Rents .. .. .. .. .. 1,592 5 9 Payments to Bluff Harbour Board under section 132, Harbours Act, 1923 .. .. 1,519 6 6 Balance in Local Bodies' Deposit Account of Receiver of Land Revenue, Invercargill, on 31st March, 1935 .. .. .. 9 10 0 £1,608 8 9 £1,608 8 9 Revenue Account for the Yeae ended 31st March, 1935. Dr. To Administration expenses due to Consolidated £ s. d. Or. £ s . d. Fund under section 4, Lands Law Amendment By Balance from previous year .. .. .. 3,692 410 Act, 1927 .. .. .. .. 79 12 3 Accrued rents .. .. .. .. 1,342 3 9 Amount due to Bluff Harbour Board under section 132, Harbours Act, 1923 .. .. 1,512 13 6 Remissions granted under Mortgagors and Tenants Relief Act, 1933 .. .. 1,168 6 8 Balance carried forward .. .. .. 2,273 16 2 £5,034 8 7 £5,034 8 7

40

B. —1 FPT. IV

LANDS AND SURVEY DEPARTMENT—continued. BLUEF HARBOUR ENDOWMENT ACCOUNT —continued. Balance-sheet as at 31st Makch, 1935. Liabilities. £ s. d. Assets. £ s. d. Capita] .. .. •• •• •• 30,028 16 9 Endowment lands .. .. .. .. 30,028 16 9 Rents charged in advance .. .. •• 513 7 0 Sundry debtors for rent .. .. .. 1,940 310 Blufl Harbour Board : Amount not yet paid over 9 10 0 Postponed rent . . .. .. .. 846 19 4 Revenue Account .. .. .. 2,273 16 2 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Invercargill. on 31st March, 1935 .. .. . . .. .. 9 10 0 £32,825 9 11 £32,825 9 11 W. Roberston, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. CLUTHA RIVER TRUST ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. _ £ s. d. To Rents .. .. •• •• 1,898 4 9 By Amount paid to Trustees of Clutha River Trust under section 128, River Boards Act, 1908 .. 1,803 6 5 Administration expenses paid to Consolidated Eund under section 4, Land Laws Amendment Act, 1927 .. .. .. .. 94 18 4 £1,898 4 9 £1,898 4 9 Revenue Account for the Year ended 31st March, 1935. j) r £ s. d. Cr. £ s- d. To Amount paid to Trustees of Clutha River Trust By Balance brought forward from previous year .. 1,630 811 under section 128, River Boards Act, 1908 1,803 6 5 Accrued rent .. .. .. .. 1,419 3 1 Administration expenses payable to Consolidated Fund under section 4, Land Laws Amendment Act, 1927 •• •• 94 18 4 Remissions .. • • • • • • 539 19 6 Remissions under Mortgagors and Tenants Relief Act, 1933 .. • • • • • • 8 10 0 Balance carried forward .. .. • • 602 17 9 £3,049 12 0 £3,049 12 0 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. „ 0 £ . 0 „ „4; p i .. 28,480 0 0 Endowment lands .. .. .. .. 28,480 0 0 Rents charged in advance " .... .. 553 6 3 Sundry debtors for rent 918 11 6 Revenue Account: Balance cafried forward .. 602 17 9 Postponed rent 237 b £29,636 4 0 £29,636 4 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. GERALDINE COUNTY RIVER BOARD ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. £ s. d. rp -R OT , + „ . . . . 454 7 6 By Geraldine County River Board under (ieraldme County River District Act, 1921-22 .. . . 408 18 9 Consolidated Fund : Administration expenses under section 4, Land Laws Amendment Act, 1927 .. 45 8 9 £454 7 6 £454 7 6

6 —B. 1 [PT. IV].

41

8.--1 [PT. IV];

LANDS AND SURVEY DEPARTMENT—continued. GERALDINE COUNTY RIVER BOARD ENDOWMENT ACCOUNT—continued. Revenue Account foe the Year ended 31st March, 1935. D r - £ s. d. Cr. £ 3 d To Administration expenses due to Consolidated Fund By Accrued rent .. .. .. . 193 210 under section 4, Land Laws Amendment Act, 1927 45 § 9 Remissions of rent .. .. ~ . . 44 16 10 Balance carried down.. .. .. .. 102 17 3 £193 2 10 £193 2 10 To Amount due to Gerakline County River Board under £ s. d. £ section 7, Geraldine County River Districts Act, By Balance from previous year .. . ~ 265 13 9 .. .. .. 408 18 9 Balance brought down .. .. .. 102 17 3 Balance carried forward .. .. .. 40 7 9 18 9 MŌTĪT» Balance-sheet as at 31st March, 1935. Liabilities. £ s . d. Assets. Capital .. .. .. .. .. 4,580 5 0 Endowment lands— £ g d £ « d Rents charged in advance .. .. .. 57 16 0 Leased .. .. 4 484 0 Ō Rents paid in advance .. .. .. 217 0 Unleased .. .. .. '96 5 0 —— 4,580 5 0 Sundry debtors for rent .. .. .. 20 5 3 Revenue Account: Balance carried forward .. 40 7 9 £4,640 18 0 £4,640 18 0 W. Roberston, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and state the position as disclosed thereby—J. H. Fowler, Deputy Controller and Auditor-General. GORE HIGH SCHOOL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts, £g. d. Pttytnefits £ H To Balance ; Cash held m Local Bodies' Deposit Account By Administration expenses paid to Consolidated Fund " of the Receiver of Land Revenue, Invercargill, as under section 4, Land Laws Amendment Act at Ist April, 1934 .. .. .. .. 30 17 6 1927 .. .. .. « . R<?nts ■ • ■ • • • ■ ■ .. 65 0 0 Payment to Board of Governors of Gore High School under section 89, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919 •• •• •• •• .. 92 12 6 £95 17 6 £95 17 6 Revenue Account for the Year ended 31st March, 1935. fir* £ g> d. q t To Balance brought forward from previous year .. 16 s<j By Accrued rent .. £ A d ft ' Administration expenses due to Consolidated Fund Balance carried forward " " " lfi r a under section 4, Land Laws Amendment Act, 1927 3 5 0 " " 00 Amount due to Board of Governors of Gore High School under section 89, Reserves and other Lands Disposal Act, 1919 . . .. .. .. 61 15 0 £81 5 0 £81 5 0 Balance-sheet as at 31st March, 1935. p.. , Liabilities. £ s . d . Assets _ £ uapital .. . . .. .. i 3oq q q j^and Rents charged in advance .. .. !! '16 5 0 Revenue Account: Balance carried forward ?e 5 0 £I ' 3lti 5 0 £1,316 5 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correclv state the position as disclosed thereby.—J. 11. Fowler, Deputy Controller and Auditor-General.

42

B. —1 [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. HUNTER SOLDIERS' ASSISTANCE TRUST DEPOSIT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments, To Balance in Treasury Deposit By Expenditure under the Hunter Account at Ist April, 1934— £ s, d. £ s. d. Gift for the Settlement of Cash .. .. .. 606 I 7 Discharged Soldiers Act, Investments .. .. 4,435 0 0 1921 £ s. d. £ s. d. : 3,041 1 7 Section 6 (a) — Rents .. .. .. .. • • 475 11 7 Administration expenses .. 28 410 Interest on investments .. .. •• 152 18 2 Board fees .. .. 861 oflnAll Interest on advances — £ s. d. 36 10 II Instalment mortgage .. 47 13 5 Section 6 (b) Current Account .. .. 41 18 7 Advances on Current Account 1,617 6 8 89 12 0 Advances on instalment mortRepaymerjt of advances — g a S e • • • • • • 376 ~ ® Instalment mortgage • . 34 2 1 Grants to orphans .. 35 0 0 Current Account .. .. 386 5 9 -,0-8 9 420 7 10 Balance in Treasury Deposit Account at 31st March, 1935 — Cash 679 11 1 Investments .. .. 3,435 0 0 4,114 11 1 £6,179 11 2 £6,179 11 Revenue Account for the Year ended 31st March, 1935. D r _ Cr. £ s. d. To Expenditure under section 6 (a) of the By Accrued rent .. .. .. .. 801 0 0 Hunter Gift for Settlement of Accrued interest on— £ s. d. Discharged Soldiers Act, 1921— £ s. d. £ s. d. Current Account .. .. 149 4 2 Administration expenses .. 28 410 Instalment Account .. .. 96 11 0 Board fees .. .. .. 8 6 1 Investments .. .. .. 145 18 11 36 10 11 — 391 14 1 Grants to orphans under section 68 of the Hunter Gift for Settlement of Discharged Soldiers Act, 1921 ... .. •• •• 55 0 0 Rebates .. .. • • • ■ • • 37 16 3 Remissions granted under Land Act, 1924 . . 453 13 9 Balance carried down .. . • • • 609 13 2 £1,192 14 1 £1,192 14 1 £ s. d. £ s. d. To Balance to Reserve Account .. .. 609 13 2By Balance brought down .. .. .. 609 13 2 £609 13 2 £609 13 2 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s, d. Capital .. .. •• •• 17,800 0 0 Land endowed by Sir George Hunter (deceased) .. 17,800 0 0 Reserve Account .. .. • • •• 9,996 7 0 Advances on mortgage— £ s. d. Rents due but not accrued .. •• 200 5 0 Instalment Account .. .. 2,161 11 6 Sundry creditors : Interest on instalment advances Current Account .. .. 2,640 13 11 . paid in advance 7 6 11 4,802 5 5 Sundry debtors — Rent 564 10 5 Interest on Current Account .. 199 16 9 Interest on instalment advances ~. . 80 19 .3 Instalments of principal.. .. 81 18 7 927 5 0 Postponed rent (Land Act, 1924) .. .. 317 15 3 Interest, accrued but not due — On investments .. •• 16 11 2 On instalment advances,. .. 25 11 0 — 42 '3 2 Cash in Treasury Deposit Account at 31st March, 1935- — Cash .. .. .. 679 11 .1 Investments .. .. ■, 3,435 0, 0 ... 4,114.11 i £28,003 18 11 J £28,003 18 11 W. Robertson. Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that' the Revenue Account and Balance-sheet have been duly examined and compared with the restive books and cjocumept? submitted for audit, and correctly state . the position-as disclosed- thereby J. Fl. Fowler, Deputy Controller and Auditor-General. ***

43

B. —1 [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. NATIONAL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. _ , Receipts. £ s. d. Payments. £ s d To Balance at Ist April, 1934 .. .. 124,58111 6 By Land Act, 1924, section 295 (2): AdministraRents and interest: National - endowment tion expenses .. .. .. .. 7115154 lands.. .. .. .. .. 141,707 IS 4 Land Act, 1924, sections 139, 295, and 357: Transfer from State Forest in terms of sec- " Thirds" .. .. .. 3 548 18 jq tion 29 (2), Forests Act, 1921-22 .. 3,435 10 4 Payments to Universities of portion of nationalLand Laws Amendment Act, 1930 (section 13): endowment residue . . 12 458 3 2 Interest on national - endowment trust- Transfer to vote " Education " of portion of moneys .. .. .. .. 2,656 0 8 national-endowment residue .. .. 74,748 18 11 Portion of national-endowment-revenue residue applied in payment of old-age pensions .. 37,374 9 5 Refunds arising from operations of section 6, Deteriorated Land Act .. .. .. 38 3 7 Balance as at 31st March, 1935 .. .. 137,096 11 7 £272,381 0 10 £272,381 0 10 Revenue Account for the Year ended 31st March, 1935. D*". £ s. d. Or. £ s _ ,j. To Administration expenses .. .. .. 7,115 15 4By Accrued rents .. .. .. .. 137,741 14 3 Remissions £ s. d. Accrued royalties .. .. .. 3 281 4 2 Under Land Act, 1924 .. 17,311 5 6 Accrued interest .. .. .. .. 1,915 11 6 Under Deteriorated Land Coal rents .. .. .. .. 1,154 13 6 T7 Act •• 464 3 10 Royalties from State forests .. .. 3 0 Under Mortgagors and Recovery of rents previously written otf .. 3 0 0 Tenants Relief Act, 1932 1,468 010 Interest 011 investment of national-endowment .. jlt , 1 „ 19,243 10 2 trust-moneys .. .. .. .. 2,217 7 3 Ihirds and halves .. .. .. 3,555 15 5 Rents written off: Writings-off in Suspense.. 1,630 5 3 Interest charged under section 20 (3) of Discharged Soldiers Settlement Amendment Act, 1923 .. .. .... 359 19 7 Rebates .. .. .. .. 2,027 19 3 Commission on coal rents .. .. .. 45 18 6 Balance carried down .. .. .. 119,451 10 2 £153,430 13 8 £153,430 13 8 £ s. d. £ s. d. To Contribution for education and old-age pensions 137,096 11 7 By Balance brought down .. .. .. 119 451 10 2 Balance carried down .. .. .. 73,050 18 2 Adjustment previous years .. .. 750 0 0 Balance previous year .. .. .. 89,945 19 7 £210,147 9 9 £210,147 9 9 Balance-sheet as at 31st March, 1935. Liabilities. £ s» d. diss&ts Capital Account .. .. .. .. 4,098,240 5 5 Land— ' £ g d £ s d Public Works Fund .. .. .. 4,751 0 3 Leased .. .. .. 3,460,251 18 0 Land for Settlements Account: Interest on Unleased .. .. 223 641 5 0 national-endowment trust funds .. .. 407 12 9 Provisional State forest .. 307,823 1 3 - Merged interests under section 20, 3 ggj 716 4 .3 Discharged Soldiers Settle- Land subject to section 8, Land Laws Amendment Amendment Act, 1923— £ s. d. ment Act, 1929 .. .. 8 711 10 ' Advances .. .. .. 7,278 7 3 Buildings .. .. .. .. 1834 13 6 Instalment principal .. 365 1 6 National Endowment Trust Account .. .. 111'363 13 1 Interest .. .. .. 629 311 Sundry debtors for— £ s. d. „ , 8,272 12 8 Rents .. .. .. 96,441 1 3 Sundry creditors— Royalties .. .. 1,006 10 9 Contribution for education and Coal rents .. .. 1 265 14 1 old-age pensions .. .. 137,096 11 7 Interest on sales .. .. 962 12 7 Departmental .. .. 24 6 7 Principal instalments on Miscellaneous .. .. 6 17 6 buildings .. .. 210 19 11 137,127 15 8 Departmental .. .. 11,117 3 0 Payments m advance— Miscellaneous .. .. 617 6 Rfcnt 1,604 6 8 jjj QJQ jg . Interest on sales .. .. 0 5 4 Postponed rents — Royalties .. .. .. 18 6 7 Under Land Act .. .. 11,424 6 2 1,622 18 7 Under Mortgagors and Rents charged in advance .. .. .. 50,303 17 10 Tenants Relief Act, 1932 456 9 7 Overpaid, rents in suspense as a result of capital jj §§q g reduction under Deteriorated Lands Act, 1925 472 13 10 Interest on sales accrued but not due .. 635 7 9 Writings-ofF in Suspense .. .. .. 1,449 8 8 Losses in suspense .. .. .. 1 449 8 8 Revenue Account: Balance forward .. .. 73,050 18 2 Cash balance, 31st March, 1935 .. ! 11 7 £4,375,699 3 10 £4,375,699 3 10 W. Robertson, Under-Secretary for Lands. • '' •••■.: /■ Wm.'E. Shaw, Accountant. " • • T hereby certify that the Revenue Account and Balance-sheet have -been duly examine'dr and^'compared' with the relative books and documents submitted for audit, and correctly state the position as'disclosed thereby. The following comment is appended : The charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (6) of the Land Laws Amendment Act, 1927.— J. H. Fowler, Deputy Controller and Auditor-General.

44

B.—l [Pt. IV],

LANDS AND SURVEY DEPARTMENT—continued. NEW ZEALAND UNIVERSITY ENDOWMENT ACCOUNT (WESTLAND). Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments. £ s. d. To Balance in Treasury Deposit Ac- £ s. d. By Administration expenses . . .. .. 4 7 9 count at Ist April, 1934— £ s. d. Balance in Treasury Deposit AcCash. .. • • • • 670 14 8 count at 31st March, 1935— £ s. d. Investments .. •• 2,300 0 0 Cash .. •• ■■ 834 17 8 2,970 14 8 Investments .. .. 2. 300 0 0 Rents 76 10 9 3,134 17 8 Interest on investments .. .. .. 92 0 0 £3,139 5 S £3,139 5 5 Revenue Account fob the Year ended 31st March, 1935. />, £ s. d. Or. £ S. d. To Administration expenses under section 4, Land By Accrued rent .. . . .. 114 1 8 Laws Amendment Act, 1927.. .. .. 316 6 Interest on investments .. 92 0 0 Balance transferred to Capital Account .. .. 202 5 2 £206 1 8 £206 1 8 Balance-sheet as at 31st March, 1935. Liabilities. Assets, £ s. d. Capital— £ s. d. £ s. d. Land .. .. ■■ •• .. 2,195 0 0 Balance at Ist April, 1934 .. 3,137 13 6 Sundry debtors for rent .. .. .. 23 7 4 Appreciation of land-values .. 1,995 0 0 Sundry debtors for administration expenses overpaid 011 S Transfer from Revenue Account .. 202 5 2 Interest on investments accrued but not due .. 11 1 9 5,334 18 8 Cash in Treasury Deposit Account — £ s. d. Rents paid in advance .. .. ■ • ■ • 216 3 Cash .. . . .. .. 834 17 8 Rents due but not accrued .. .. •• 27 3 1 Investments 2,300 0 0 0,104 17 o £5,364 18 0 £5,364 18 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. NORTH ISLAND EXPERIMENTAL DAIRY SCHOOL ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. £ s. d. To Balance in Treasury Deposit Ac- By Cost of tree-planting .. .. .. 14 3 4 count at Ist April, 1934— £ s. d. Administration expenses .. .. .. 10 14 11 Cash .. •• 3,574 3 6 Balance in Treasury Deposit AcInvestments' .. .. 7,500 0 0 count at 31st March, 1935— £ s. d. 11,074 3 6 Cash .. .. .. 3,090 17 7 ltents .. .. 214 19 9 Investments .. .. 8,500 0 0 Interest on investments 326 12 7 11,590 17 7 £11,615 15 10 £11,615 15 10 Revenue Account for the Year ended 31st March, 1935. j) r £ s. d. Or. £ s. d. To Administration expenses under section 4, Land Laws By Accrued rent .. .. . • • ■ • • 155 0 0 Amendment Act, 1927 .. .. .. 10 14 11 Interest on investments .. .. .. 331 9 1 Balance carried down .. .. • • ■ • 475 14 2 £486 9 1 £486 9 1 To Appropriation of revenue receipts on account of £ s. d. £ a. d. expenditure on plantation .. 14 3 4 By Balance from previous year .. .. 11,146 12 9 Balance •• •• 11,608 3 7 Balance brought down .. .. .. 475 14 2 £11,022 6 11 £11,622 6 11 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital 5,117 5 10 Leased land 4,900 0 0 Rents due but not accrued .. • • ■ • 23 15 0 Plantation .. .. ~ . ■ • • 217 510 Revenue Account ..11,608 3 7 Sundry debtors for rent .. .. .. 0 13 Interest on investments accrued but not due .. 40 19 9 Treasury Deposit Account — £ s. d. Cash 3,090 17 7 Investments .. .. • • 8,500 0 0 11,590 17 7 £16,749 4 5 £16,749 4 5 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

45

B.—l FPT. IVI.

LANDS AND SURVEY DEPARTMENT—continued. GREYMOUTH TECHNICAL AND HOKITIKA HIGH SCHOOLS ACCOUNT. Receipts and Payments for the Yeae ended 31st March, 1935. Receipts. • Payments. To Balance at Ist April, 1934— £ s. d. By Payments to Consolidated Fund under sections 50 £ s. d. Cash in Treasury Deposit Account .. .. 5 15 8 and 50 (3), Finance Act, 1932, and sections 31 Rents .. .. ... .. .. 260 10 7 and 31 (3), Education Reserves Act, 1928— £ s. d. Compensation for improvements .. 175 0 0 Interest on compensation-money . . 25 10 0 Administration expenses . . .. 10 17 10 211 7 10 Balance at 31st March, 1935 : Cash in Treasury Deposit Account .. .. .. . . 54 18 5 £260 6 3 £266 6 3 Revenue Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s. d. To Administration expenses : Section 31, Education By Accrued rents .. .. .. ~ 303 1 3 Reserves Act, 1928, and section 50, Finance Act, 1932 (No. 2) .. .. .. 13 0 6 Consolidated Fund : Interest on amount paid as compensation for improvements, Poerua Run .. 22 17 9 Balance carried down .. .. .. 267 3 0 £303 1 3 £303 1 3 £ s. d. £ g. d. To Transfer of rents to meet capital liabilities .. 175 0 0 By Balance from previous year .. .. .. 103 0 1 Adjustment of administration expenses not incor- Balance brought down . . .. .. 267 3 0 porated in previous year .. .. .. 5 0 2 Balance carried down .. .. .. 190 2 11 £370 3 1 £370 3 1 Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ s. d. Land — £ s. d. £ s. d. Capital .. .. .. .. .. 5,327 14 2 Leased .. .. .-. 5,969 15 0 Reserve Account: Rents diverted to repayment of Unleased .. .. .. 494 7 6 advances from Consolidated Fund .. .. 636 8 4 6,464 2 6 Consolidated Fund: Compensation for improve- Sundry debtors for rent .. .. .. 190 7 7 ments, Poerua Run .. .. .. 500 0 0 Sundry debtors for royalties .. .. .. 23 13 0 Sundry creditors — £ s. d. Cash: Treasury Deposit Account as at 31st March, Rents paid in advance .. .. 1 17 6 1935 .. .. .. .. .. 54 18 5 Administration expenses .. .. 7 2 10 9 0 4 Rents charged but not due .. .. .. 69 15 9 Revenue Account: Balance carried forward .. 190 2 11 £6,733 1 6 £6,733 1 6 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. OTAGO BOYS' AND GIRLS' HIGH SCHOOL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Payments. To Balance in Local Bodies' Deposit Account of £ s. d. By Administration expenses paid to Consolidated Fund £ s. d. Receiver of Land Revenue, Dunedin, as at Ist under section 4, Land Laws Amendment Act, 1927 29 12 8 April, 1934 .. .. .. .. 159 11 0 Payments to Otago Boys' and Girls' High School Rents .. .. .. .. .. 452 16 6 Board of Governors .. .. .. 562 19 4 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Dunedin, as at 31st March, 1935 19 15 6 £612 7 6 £612 7 6 Revenue Account for the Year ended 31st March, 1935. Dr. Gr. £ s . d. To Administration expenses due to Consolidated Fund £ s. d. By Balance brought forward from previous year .. 109 4 7 under seetion 4, Land Laws Amendment Act, 1927 22 12 10 Accrued rents .. .. .. .. 411 110 Amount due to Otago Boys' and Girls' High School Board of Governors .. .. . . 430 3 8 Balance carried forward .. .. .. 67 9 11 £520 6 5 £520 6 5

46

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. OTAGO BOYS' AND GIRLS' HIGH SCHOOL ENDOWMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. 8,439 10 10 Endowment lands .. .. .. .. 8,439 10 10 Rents charged in advance .. .. • • 102 6 1 Sundry debtors for rent . . .. .. 94 18 0 Sundry creditors for administration expenses . . 0 19 9 Sundry debtors for postponed rent .. . . 74 18 0 Otago Boys' and Girls' High School Board of Cash in Local Bodies' Deposit Account of Receiver Governors : Amount not yet paid over.. .. 18 15 9 of Land Revenue, Dunedin, as at 31st March, 1935 19 15 6 Revenue Account: Balance carried forward .. 67 9 11 £8,629 2 4 £8,629 2 4 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. OTAGO UNIVERSITY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. To Cash on hand Ist April, 1934, in Local Bodies' By Land for Settlements Accounts for roading £ s. d. Deposit Account of the Receiver of Land costs (section 47, Land for Settlements Act, Revenue at — £ s. d. 1925) Dunedin .. .. 1,700 17 5 Principal .. .. .. .. 90 I 3 Invercargill .. 1,215 10 6 Interest .. .. .. .. 206 15 7 2,916 7 11 Administration expenses paid to Consolidated Rents . .. .. 5,081 12 2 Fund (section 4, Land Laws Amendment Act, Royalties:: HI 15 4 1927) .. .. 150 14 3 Otago University Council (section 118 (1), Reserves and other Lands, &c., Act, 1917) .. 6,299 7 8 Dunedin Athenaeum (Otago Museum Act, 1877) . . 85 12 0 Cash on hand, 31st March, 1935, in Local Bodies' Deposit Account of the Receiver of Land Revenue at— £ s. d. Dunedin . . .. .. 656 0 7 Invercargill .. .. 621 4 1 ■ - - 1,277 4 8 £8,109 15 5 £8,109 15 5 Revenue Account for the Year ended 31st March, 1935. £ s. d. £ s. d. To Administration expenses .. .. ■■ 124 11 10 By Accrued rent .. .. .. .. 7,876 17 6 Interest on loans under section 47 of Land for Accrued royalties . . .. .. .. 11l 15 4 Settlements Act, 1925 .. .. • ■ 263 14 8 Remission of rent .. .. ■ • 1 > 723 3 9 Writings-off in Suspense .. .. > • 180 4 7 Balance carried down .. .. •• 5,696 18 0 £7,988 12 10 £7,988 12 10 To Appropriation of revenue — £ s. d. £ s. d. Otago University Council under section 118 (1), By Balance brought forward from previous year .. 3,540 13 5 Reserves and other Lands, &c., Act, 1917 .. 4,686 6 10 Balance brought down .. .. .. 5,696 18 0 Dunedin Athenseum under Otago Museum Act, 1877 .. • • • • ■ • 85 12 0 Adjustment on account previous years : Interest on loans under section 47 of the Land for Settlements Act, 1927 .. .. • • 88 6 8 Revenue appropriated to repay loan-moneys, section 47 of Land for Settlements Act, 1925 .. 90 1 3 Balance carried forward .. .. . • 4,287 4 8 £9,237 11 5 £9,237 11 5 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Capital .. .. •• •• •• 128,641 1 8 Edowment lands — £ s. d. £ s. d. Loan for roading, section 47, Land Leased land .. .. 129,656 0 0 for Settlements Act, 1925— £ s. d. Unleased land .. .. 760 0 0 Advances .. .. •• 1,703 10 10 130,416 0 0 Principal instalments .. 71 7 6 Sundry debtors for rents .. .. .. 5,307 4 4 Interest .. .. •• 145 5 9 Postponed rent .. .. .. .. 2,217 8 9 1,920 4 1 Cash on hand, 31st March, 1935— Sundry creditors In the Local Bodies' Deposit Administration expenses (de- Account of the Receiver of partmental) .. ■ ■ 16 8 1 Land Revenue at— £ s. d. Otago University Council Dunedin .. .. .. 656 0 7 (amount not yet paid over).. 1,218 0 7 Invercargill .. .. 621 4 1 Amount due to Dunedin Athe- 1,277 4 8 nseum under Otago Museum Act, 1877 .. • ■ 42 16 0 Rents charged in advance .. 3,092 2 8 -— 4,369 7 4 Revenue Account: Balance carried forward .. 4, 287 4 8 £139,217 17 9 £139,217 17 9

W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General.

47

B.—l [PT. IV],

LANDS AND SURVEY DEPARTMENT—continued. PRIMARY EDUCATION ENDOWMENT DEPOSIT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Payments. £ s. d. To Balance— £ s. d. £ s. d. By Payments for primary-education purposes .. 115,264 8 1 Cash in Deposit Account .. 5,875 19 7 Administration expenses .. .. .. 6,160 14 9 Investment Account .. 11,850 0 0 Maintenance and repairs .. .. .. 171179 17,725 19 7 Survey costs, &c. .. .. .. 164 0 8 Rents, &e., under section 30, Education Purchases of land, section 27, Education Reserves Act, 1928 .. .. .. 121,005 17 5 Reserves Act, 1927 .. .. .. 22 0 0 Interest on cash and investments held by the Balance— £ s. d. Public Trustee .. .. .. 755 3 10 Cash in Deposit Account .. 14,735 17 10 Sales under section 27, Education Reserves Act, Investment Account .. 11,850 0 0 1928.. .. .. .. .. 8,395 18 3 26,585 17 10 Interest on sales .. .. .. .. 12 0 0 Interest on investments . . .. . . 474 0 0 £148,368 19 1 £148,368 19 1 Revenue Account for the Year ended 31st March, 1935. Dr. £ s. d. I Gr. £ s. d. To Administration expenses .. .. .. 6,056 211j By Accrued rents .. .. .. .. 115,059 510 Maintenance and repairs .. .. .. 171 17 9 Accrued royalties .. .. .. 1,939 4 .10 Survey costs, &c. .. .. .. 91 14 11 Accrued interest on sales .. .. .. 107 18 7 Remissions of rents, <fcc., Interest on cash and investments held by the granted— £ s. d. Public Trustee .. .. .. 771 5 11 Land Act, 1924 .. .. 11,480 12 10 Interest on investments .. .. .. 474 0 0 Mortgagor's and Tenants Relief Act, 1933 .. 990 4 11 Deteriorated Lands Act, 1925 68 16 7 12,539 14 4 Depreciation reserve on buildings .. .. 24 11 0 Irrecoverable rents .. .. . . 126 17 2 Interest under section 20, Discharged Soldiers Settlement Amendment Act, 1923 .. 21 4 2 Balance carried down .. .. .. 99,319 12 11 £118,351 15 2 £118,351 15 2 £ s. d. £ a. d. To Payments for primary-education purposes .. 115,264 8 1 By Balance from previous year .. .. 80,101 12 6 Balance.. .. .. .. .. 64,156 17 4 Balance brought down .. .. .. 99,319 12 11 £179,421 5 5 j £179,421 5 5 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Capital .. .. .. .. .. 2,471,099 8 7 Endowment lands — £ s. d. £ s. d. Public Works Fund: Roading (section 17, Land Leased .. .. .. 2,342,788 9 7 Laws Amendment Act, 1927) .. .. 3,721 2 8 Unleased .. .. 81,900 3 9 Discharged Soldiers Settlement Ac- Land for Settlements Account : Merged interest under count, section 6, Land section 20, Discharged Soldiers Laws Amendment Act, Settlement Amendment Act, 1929 .. .. .. 177 19 1 1923— £ s. d. 2,424,866 12 5 Advances .. .. .. 403 10 0 Buildings (included in the Principal instalment .. .. 103 17 4 capital value of leases) .. 1,213 0 5 Interest .. .. 76 3 1 Less Depreciation Reserve.. 265 19 4 583 10 5 947 1 1 Sundry creditors: Departmental .. .. 1,771 12 3 Buildings (purchase-price not Rents due but not accrued .. .. .. 23,012 16 3 yet payable) .. .. .. 5.730 5 2 Amounts paid in advance — Sundry debtorsRents .. .. .. .. 407 6 3 Rents .. .. .. 68,61126 Royalties .. .. .. 9 0 0 Royalties .. .. 1,504 18 4 416 6 3 Sales of land .. .. 180 0 0 Deteriorated lands : Suspense Account .. 106 9 6 Principal instalments on Writings-off in Suspense .. . . .. 20 13 4 buildings . . .. 215 3 9 Revenue Account: Balance carried forward .. 64,156 17 4 Interest on cash and investments .. .. 56 18 3 70,568 2 10 Postponed rents— Land Act, 1924 .. .. 13,512 1 5 Mortgagors and Tenants Relief Act, 1933 .. .. 719 19 0 — 14,232 0 5 Interest accrued but not due— Investments .. .. 57 2 9 Sales of buildings .. 23 5 8 80 8 5 Losses in Suspense .. .. .. 20 13 4 Cash and investments with Public Trustee .. .. .. 21,857 15 1 Cash in Consolidated Fund Deposits Account— Cash .. .. .. 14,735 17 10 Investments .. .. 11,850 0 0 26,585 17 10 £2,564.888 16 7 £2,564,888 16 7 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : (1) The charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (6) of the Land Laws Amendment Act, 1927 ; (2) to avoid delay, the accounts of some land districts, the audits of which have not been completed by the local Audit Inspectors, have been accepted from the Department's records. —G. F. C. Campbell, Controller and Auditor-General.

48

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. SECONDARY EDUCATION ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments. £ s. d. To Balance in Treasury Deposit Ac- By Administration expenses .. .. .. 645 15 10 count at Ist April, 1934— £ s. d. £ s. d. Repairs and maintenance .. .. .. 1 010 Q aB |j .. 5,493 16 8 Payments to secondary schools .. .. 13,31112 6 Investments .. .. 600 0 0 Balance in Deposit Account at 6,093 16 8 31st March, 1935— £ s. d. Rents under section 30, Education Reserves Cash .. .. .. 5,784 17 9 Act, 1928 .. .. •• •• 14,197 13 1 Investments .. .. 600 0 0 Interest on cash held by the Public Trustee .. 27 17 2 6,384 17 9 Interest on investments .. .. .. 24 0 0 £20,343 6 11 £20,343 6 11 Revenue Account for the Year ended 31st March, 1935. j) r- £ s. d. Or. £ s. d. To Administration expenses .. .. .. 714 1 0 By Accrued rent, &c. .. .. .. 13,030 4 2 Repairs and maintenance .. * .. . . 10 10 Interest on cash held by the Public Trustee .. 27 17 2 Irrecoverable rents .. . • • • 47 4 6 Interest on investments .. .. .. 24 0 0 Remissions of rent, &c. — £ s. d. Land Act, 1924 .. .. 120 16 9 Mortgagors and Tenants Relief Act, 1933 .. • • .. 284 9 3 405 6 0 Balance carried down .. .. ■■ 11,914 9 0 £13,082 1 . 4 £13,082 I 4 £ s. d. £ s. d. To Payments to secondary schools .. .. 13,31112 6By Balance from previous year .. .. 9,118 10 4 Balance carried forward .. .. •• 7,721 610 Balance brought down .. .. .. 11,914 9 0 £21,032 19 4 £21,032 19 4 Balance-sheet as at 31st March, 1935. Liabilities. £ s- d. Assets. Capital .. •• •• •• •• 208,082 12 9 Endowment lands— £ s. d. £ s. d. Appreciation in land-values .. .. 52,062 7 3 Leased .. .. 242,738 13 11 Public Works Fund—Roading (section 17, Land Unleased .. .. .. 17,692 6 2 Laws Amendment Act, 1927) .. .. 2,235 17 11 260,431 0 1 Sundry creditors— £ s. d. Sundry debtors for rent .. .. 4,426 4 6 Rents .. . • • • 244 15 9 Postponed rent — Departmental 239 16 6 Land Act, 1924 .. .. 1,004 9 5 484 12 3 Mortgagors and Tenants Relief Rents due but not accrued .. .. .. 2,894 13 1 Act, 1933 .. .. 465 16 4 Deteriorated Lands Act, 1925: Suspense Account 30 0 0 1,470 5 9 Writings-ofi in Suspense .. .. • • 9 2 6 Interest accrued but not due on investments .. 217 10 Revenue Account: Balance carried forward .. 7,721 610 Losses in Suspense .. .. .. •• 9 2 6 Cash held by the Public Trustee .. .. 796 4 2 Cash in Treasury Deposit Account at 31st March, 1935— £ s. d. Cash 5,784 17 9 Investments .. .. 600 0 0 — 6,384 17 9 £273,520 12 7 £273,520 12 7 W. Robertson, Under-Secretary for Lands. Wi. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : (1) The charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (6) of the Land Laws Amendment Act, 1927 ; (2) to avoid delay the accounts of some land districts, the audits of which have not been completed by the local Audit Inspectors, have been accepted from the Department's records. —G. I". C. Campbell, Controller and Auditor-General.

7 —B. 1 [PT. IV].

49

B.—l [PT. TYI.

LANDS AND SURVEY DEPARTMENT—continued. TARANAKI SCHOLARSHIP ENDOWMENT ACCOUNT. Receipts and Payments Account fob the Year ended 31st Maech, 1935. . Receipts. £ s. d. Payments. £ a. d. lo Balance in Treasury Deposit Account at Ist April, By Administration expenses under section 4, Land 1934 ■ • ■ • • • .. .. 396 18 0 Laws Amendment Act, 1927 .. .. 49 8 8 Rents .. .. .. .. .. 988 IS 10 Public Trustee, under section 22, New Zealand University Amendment Act, 1914 .. .. 890 7 2 Balance in Treasury Deposit Account at 31st March, 1935.. .. .. .. 445 18 0 £1,385 13 10 £1,385 13 10 Revenue Account foe the Year ended 31st Maech, 1935. P?- £ s. d. Cr. £ s d To Administration expenses under section 4, Land Laws By Accrued rent .. .. .. . 932 8 4 Amendment Act, 1927, and section 31 (2), Land Laws Amendment Act, 1929.. .. .. 49 8 8 Balance carried down.. .. .. .. 882 19 8 £932 8 4 £932 8 4 £ s. d. £ s d To Balance brought forward from previous year .. 133 10 3 By Balance brought down .. .. .. 882 19 8 Amount due to Public Trustee in terms of sec- Balance carried, forward .. .. .. 189 17 9 tion 22, New Zealand University Amendment Act, 1914 .. .. .. .. 939 7 2 £1,072 17 5 £1,072 17 5 Balance-sheet as at 31st Maech, 1935. Liabilities. £ s. d. Assets. Capital .. .. .. .. 19,343 16 8 Endowment lands— £ s. d. £ s. d. Public Trustee—Amount not yet paid over .. 445 18 0 Leased .. .. 19 331 6 8 Rents due but not accrued ".. .. .. 235 0 0 Unleased ..' ... "12 10 0 • 19,343 16 8 Sundry debtors for rent .. .. .. 45 2 3 Revenue Account—Balance carried forward .. 189 17 9 Cash in Treasury Deposit Account at 31st March, 1935 .. .. .. .. .. 445 18 0 £20,024 14 8 £20,024 14 8 W. Robeetson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby — J. H. Fowlee, Deputy Controller and Auditor-General. VICTORIA COLLEGE ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st Maech, 1935. Receipts. £ s. d. Payments. £ g. d. To Balance in Treasury Deposit Account at Ist April, By Administration expenses .. .. .. 5 18 3 1934 .. .. .. .. 28 9 6 Victoria College Council .. ~ .. 135 n g ■^ ents •• •• •• •• .. 118 3 9 Balance in Treasury Deposit Account at 31st March, 1935 537 £146 I 3 3 £146 13 3 Revenue Account foe the Year ended 31st Maech, 1935. To Administration expenses under section 39, Victoria £s. d. £ s d College Act, 1905 .. .. .. .. 518 3 By Accrued rent .. .. ~ ~ 133 5 q Balance carried down .. .. .. 127 6 9 £133 5 0 — -= £133 5 0 To Victoria College Council—Amount due under sec- £ s. d. ' tion 39, Victoria College Act, 1905 .. .. 112 5 6 £ s d Balanoe carried forward .. .. .. 238 14 1 By Balance from previous year .. .. .. 223 12 10 Balance brought down .. .. .. 127 6 9 £350 19 7 £350 19 7 Balance-sheet as at 31st Maech, 1935. Liabilities. £ s. d. Assets. £ s . d Capital .. .. .. .. .. 2,665 0 0 Leased land .. .. .. .. ..2 665 0 0 Victoria College Council: Amount not yet paid over *5 3 7 Sundry debtors for rent .. '' •" "'294 4 6 Rents due but not accrued .. .. .. 55 10 5 Cash in Treasury Deposit Account at 31st March, Revenue Account: Balance carried forward .. 238 14 1 1935 .. " ... . . , 5 3 7 £2.964 8 1 £2,964 8 1 W. Robeetson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

50

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. WAIPIATA-HAMILTONS LIBRARY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. To Balance brought forward .. .. .. 3 0 6 By Trustees of Waipiata-Hamiltons Library under £ s. d. Rents .. .. . • • • 17 5 6 section 93, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1917 . . 19 5 9 Administration expenses to Consolidated Fund under section 4, Land Laws Amendment Act, 1927 .. 1 0 3 £20 6 0 £20 6 0 Revenue Account for the Year ended 31st March, 1935. Dr. £ s. d. Or. £ s. d. To Amount due to trustees of Waipiata-Hamiltons By Balance brought forward previous year .. .. 0 7 2 Library under section 93, Reserves and other Accrued rent .. .. .. .. .. 13 10 8 Lands Disposal and Public Bodies' Empowering Balance carried forward .. .. .. 3 7 8 Act, 1917 .. .. .. .. .. 16 8 4 Administration expenses due to Consolidated Fund under section 4, Land Laws Amendment Act, 1927 017 2 £17 5 6 £17 5 6 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 338 13 2 Endowment land .. ' .. .. .. 338 13 2 Rents charged in advance .. .. .. 3 7 8 Revenue Account: Balance carried forward .. 3 7 8 £342 0 10 £342 0 10 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General. WANGANUI HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. To Rents .. .. .. .. .. 37 4 9 Payments. £ s. d. By Wanganui Harbour Board under Wanganui Harbour Endowment, &c., Act, 1877 .. .. 35 7 6 Consolidated Fund : Administration expenses under section 4, Land Laws Amendment Act, 1927 .. 1 17 3 £37 4 9 £37 4 9 Revenue Account for the Year ended 31st March, 1935. Dr. Or. £ s. d. To Administration expenses due to Consolidated Fund £s. d. By Accrued rents .. .. .. .. 36 3 6 under section 4, Land Laws Amendment Act, 1927 1 17 3 Balance carried down .. .. .. 34 6 3 £36 3 6 £36 3 6 £ s. d. £ s. d. To Balance from previous year .. .. .. 6 8 9 By Balance brought down .. .. .. 34 6 3 Amount due to the Wanganui Harbour Board Balance carried forward .. .. .. 7 10 0 under Wanganui Harbour Endowment, &c., Act, 1877 . . .. .. .. 35 7 6 £41 16 3 £41 16 3 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital .. . . .. • • • • 823 10 0 Leased land .. .. .. .. .. 823 10 0 Rents charged in advance .. .. .. 8 15 0 Sundry debtors for rent .. .. .. .. 15 0 Revenue Account: Balance carried forward .. 7 10 0 £832 5 0 £832 5 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General. WAIROA HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Payments. £ s. d. To Balance cash in Local Bodies' Deposit Account of £ s. d. By Administration expenses .. .. .. 3 9 9 the Receiver of Land Revenue, Gisborne, at " Thirds " and" fourths " under Land Act, 1924 .. 21 5 8 Ist April, 1934 .. .. .. .. 76 13 2 Amount paid to Wairoa Harbour Board under Rents .. .. ■. . • • ■ 73 510 section 31, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1915 .. 125 3 7 £149 19 0 £149 19 0

51

B.—l [Pt. IV],

LANDS AND SURVEY DEPARTMENT—continued. WAIROA HARBOUR ENDOWMENT ACCOUNT—continued. Revenue Account fob the Year ended 31st March, 1935. Dr. £ s. d. Or. £ s d To Administration expenses .. .. .. 3 9 9 By Accrued rents .. .. .. 139 10 0 Remissions .. .. .. .. 40 0 0 " Thirds, " Fourths," &c., deducted under section 136, Land Act, 1924 .. .. .. 21 5 8 Balance carried down.. .. .. .. 74 14 7 £139 10 0 £139 10 0 To Amount due to Wairoa Harbour Board under sec- £ s. d. £ s d tion 31, Reserves and other Lands Disposal and By Balance from previous year .. . 334 7 5 Public Bodies Empowering Act, 1915.. .. 48 10 5 Balance brought down !! " 74 14 *7 Balance carried down.. .. .. .. 360 11 7 £409 2 0 £409 2 0 Balance-sheet as at 31st March, 1935. . Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 3,100 0 0 Endowment lands .. .. .. ..3 100 0 0 Rents charged in advance .. .. . . 34 17 6 Sundry debtors for rent .. .. .. ' 155 15 1 Revenue Account : Balance carried forward .. 360 11 7 Postponed rent .. .. .. .. 239 14 0 £3,495 9 1 £3,495 9 1 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby—J. H. Fowler, Deputy Controller and Auditor-General. WANGANUI RIVER TRUST ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. £ s. d. Payments. i'° Bents .. .. .. .. .. 816 6 2 By Consolidated Fund : Administration expenses, sec- £ s. d. Principal instalments in respect of sales .. 4 0 3 tion 6of the Wanganui River Trust Act, 1891 . . 24 16 2 Interest on instalments in respect of sales .. 14 3 2 Wanganui River Trust under Wanganui River Trust Act, 1891 .. .. .. .. 471 3 3 Interest on loan repayments under section 47, Land for Settlements Act, 1925 .. .. .. 313 9 8 Balance in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington, as at 31st March, 1935 .. .. .. .. 25 0 6 £834 9 7 £834 9 7 Revenue Account for the Year ended 31st March, 1935. Dr. To Administration expenses due to Consolidated Fund £ s. d. Gr. £ s . d under section 6of the Wanganui River Trust Act, By Accrued rent .. .. .. .. 669 6 9 1891 • • • • • • ■ • 26 I 0 Accrued interest .. .. .. .. 13 22 Interest on loans under section 47, Land for Settle- Proceeds sale of land .. .. .. 4 0 3 ments Act, 1925 .. .. .. .. 95 10 10 Remission of rent .. .. .. 104 0 6 Balance carried down.. . . .. '.. 460 16 10 £686 9 2 £686 9 2 To Amount due to Wanganui River Trust under £ s. d. £ s d Wanganui River Trust Act, 1891 .. .. 496 3 9 By Balance from previous years .. .. 755 0 8 Adjustment on account of previous years: Balance brought down .. .. .. 460 16 10 Interest on loans under section 47 of the Land Balance carried forward ~ . 332 16 6 for Settlements Act, 1925 .. .. .. 1,052 10 3 £M>4B 14 0 £1,548 14 0 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Capital .. .. .. .. .. 13,732 9 4 Endowment lands— £ s. d. £ s. d Loan for reading, section 47, Land Leased land .. .. .. 15,350 9 2 for Settlements Act, 1925— £ s. d. Unleased land .. .. 593 10 0 Advances .. .. .. 2,095 18 0 15 943 19 2 Principal instalments .. .. 354 2 0 Sundry debtors for— Interest .. .. .. 834 11 5 Rents .. .. .. 479 0 9 3,284 11 5 Sales (not yet payable) .. 237 22 Sundry creditors — Principal instalments on sale .. 18 0 Administration expenses (depart- Interest on sales .. .. 7 4 5 mental) .. .. .. 1 410 724 35 4 Wanganui River Trust: Amount Interest on sales accrued but not due . 3 5 0 not yet paid over .. .. 25 0 6 Postponed rentsRents charged in advance .. 161 0 0 Land Act, 1924 .. .. 103 11 0 Rents paid in advance .. 3 14 8 Mortgagors and Tenants Relief 191 0 0 Act, 1933 .. . . .. 74 13 3 178 4 3 Revenue Account: Balance carried forward .. 332 16 6 Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington, at 31st March, 1935 .. .. .. 25 0 6 £17,208 0 9 £17,208 0 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy-Controller and Auditor-General.

52

B—l [PT. IV],

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1935.

53

General. ! Cheviot. | Hutt Valley. j Total. T) r Tn Tnterest on s. d. £ s. d. £ s. d. £ s. d. Loans 403,569 11 6 5,638 8 7 .. 409,208 0 1 Capital from proceeds of Crown lands .. •• 7 ?'f5ê a " " 7 «'a77 it n Value of Crown lands in estates 8,477 12 0 .. .. 8,477 12 0 National Endowment Trust Funds .. .. 2,217 ! " " is'ws n in Cheviot Estate accumulated funds transferred . . .. 18,508 0 10 .. •• 079 o a Deposits by lessees under section 208, Land Act, 1924 .. 272 2 8 .. • • Capital from Land for Settlements Account .. .. •• •• 4,973 15 0 4,y/d Sundry charges re Loans- 5 299 9 10 .. 5,299 9 10 Expenses of raismg loans .. .. •• •• » w 5 0 8 Stamp duty on transfer of stock .. .. • • 5 0 8 .. • • Management charges of New Zealand consolidated stock 360 o 5 .. • • Proportion of premium on loan conversions .. .. 2,563 0 0 A ti^ ati ° neXPenSeS " 10,970 17 10 968 7 9 156 5 8 12,095 11 3 Land Laws Amendment Act, 1929 1,728 6 0 .. .. 1,728 6 0 K Sr & c., from estates 23,036 1 3 1,418 2 8 .. 24,454 3 11 Rents and interest: Land Laws Amendment Act, 1929 .. 182 b 2 Remissions of rent and interest — XirKsrsssrr '».«»7. * »». »» Rents, &c., under Land Laws Amendment Act, 1929 .. 238 17 0 "KjKxrasrf """.r' T .. < > «». •• ».«1» Rents, &c., under Land Laws Amendment Act, 1929 .. 74 3 8 . . • • * Under Deteriorated Lands Act, 1925 .. . • • • 481 2 0 «.«.mi ... »»> «.«»♦ Rents, &c., under Land Laws Amendment Act, 1929 .. 715 0 o .. •• /10 u o Annual Appropriation : Vote, Land for Settlements Expenses— • £ s. d. Audit fees .. • ■ • • 250 0 0 Salaries .. .. • • • • 826 17 8 Travelling-expenses .. • • 46 6 6 Compensation for injuries on develop- 505 19 3 ment works Miscellaneous 717 13 2 346 16 11 .. •• . 2,346 16 11 _ ... t i i o ' 193 17 0 193 17 0 Depreciation of plant, &c. .. •• •• •• ioa c n .,-o' ,, i, i 144 19 6 Miscellaneous expenses incidental to estates .. .. 786 5 9 .. •< <• i o'q/r i i Interest on Cheviot Estate fixed capital (see contra) .. .. 6 I 1,899' 4 3 10 7 Balance carried down .. • ■ • • ■ • j • • l,v ' ' £696,832 13 11 j £18,936 5 7 j £8,290 3 11 £724,059 3 5 £ s. d. £ s. d. | £ s. d. £ s. d. To Balance brought forward .. .. •• 81,3.17 11 .. . aM ' , , 8 }'oL a o Transfer to Profit and Loss Appropriation Account .. j !,»»» 4 d * a Transfer to reserves .. .. •• '• o 4 j H___ , £81,317 1 1 ! £1,070 6 4 j £1,899 4 3 £84,286 11 8 Qy ■ "> —— ~ 1 ■—■= ===:i " " Bj R Estates d r ° yaltieS_ 511,249 13 *4 18,496 10 *7 205 17 *4 529,952 1 3 Land Laws Amendment Act, 1929 .. .. •• 2,632 17 9 .. •• 2,632 17 9 Int ;rr SaleS ~ •• 15,151 12 10 304 8 0 6,497 8 10 21,953 9 8 Land Laws Amendment Act,' 1929 !! .. .. 649 19 2 .. .. 649 19 2 Interest on capital expenditure — £ s - d. Te Wera Estate .. •• •• 3,960 18 8 Hutt Valley .. •• •• 4,973 15 0 Brinklands Estate .. .. • • 678 5 10 Land development 4,268 13 1 13 , 88 1 12 7 .. .. 13,881 12 7 Interest on advances — £ s - d. Land Laws Amendment Act, 1929 .. 8,253 15 1 Deteriorated Lands Act, 1925 .. 596 6 6 Interest on loans for roading of endowment lands under section 47, Land for Settlements Act, 1925 — £ s. d. Wanganui River Trust Endowment .. 95 10 10 Otago University Endowment .. 263 14 8 g 3f)9 5 6 Interest on investments .. •• • •• J? I lo y » A " k?'a7k iq « Interest on investments in Public Debt Redemption Fund.. 50,940 12 6 135 7 0 .. . Valuation fees, sections 7 and 14, Land Laws Amendment 119 11 0 Aot ' 14 9 5 Miscellaneous .. • • • • • ■ • • „ " ; " s 04.« 1 1 Interest on Cheviot Estate (see contra) .. ■■ • • 8,J4b 11 •• 1 586 17 9 1 586 17 9 Gross profit on trading .. •• •• •• - ' 81'317 1 1 Balance carried down .. •• ' ' ' £696,832 13 11 £18,936 5 7 £8,290 3 11 £724,059 3 5 £ s. d. £ s. d. £ s. d. £ s. d. By Balance brought forward •• „ 1.0™ 6 4 1,899 4 3 2,969 10 7 Adjustment previous year: Accrued interest on loans tor 1,140 lb 11 .. •• i,±*v roading of endowment lands under section 47, Land for Settlements Act, 1925 80 176 4 2 80,176 4 2 Transfer from reserve .. •• •• •• ov,x<u ■* > £81,317 1 1 £1,070 6 4 £1,899 4 3 £84,286 11 8

B.—l [PT. IV],

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1935. Liabilities.

54

General - Cheviot. Na me£t Tms d t° W " Hutt ValIe y- Total. Loan capital— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ q r i 3 per cent. .. 429,800 0 0 I 3J per cent. .. 6,001,733 5 11 ... 160,918 0 0 3f per cent. .. 364,150 0 0 4 per cent. .. 5,444,779 3 11 4£ per cent. .. 37,739 12 3 5 per cent. .. 118,520 0 0 5J per cent. .. 1,500 0 0 5J per cent. .. 19,580 0 0 Funded debt, £4 33,446 6 11 19s. 5-88d. Debentures not 200 0 0 converted 12,451,448 9 0 Less reduction, Finance Act (No. 2), 1,138,600 0 0 1927 — 11,312,848 9 0 Crown lands included in estates .. 211,940 0 0 Sales of Crown lands .. .. 2,482,592 11 7 14,007,381 0 7 Less amount expended in opening up 425,473 1 10 Crown lands 13,581,907 18 9 160,918 0 0 .. .. 13,742,825 18 9 Accumulated funds — Cheviot Estate .. .. .. .. 462,705 12 1 .. .. 462,705 12 1 National Endowment Trust .. .. .. .. 111,363 13 1 .. Ill'363 13 1 Deposits by lessees under section 208, 9,445 16 3 .. q'44f; ir ■! Land Act, 1924 " " ' Sundry creditors — Interest on capital from proceeds of sales 36,454 4 5 of Crown lands Interest on loans due and unpaid .. 50 14 5 Turakina Domain . . .. .. 317 3 1 Departmental .. .. .. 317611 Miscellaneous .. .. .. 2,524 5 5 39,663 14 3 .. .. .. 39,663 14 3 Interest on loans accrued but not due .. 107,707 19 1 1,373 6 3 .. UiQ ftSl k A Hutt Valley estates — Purchases .. .. .. .. .. .. 164,760 11 9 Roading and incidental expenses .. .. .. .. 225 026 3 1 Interest .. .. .. .. .. .. .. 7L 654 12 10 461,441 7 8 Less deductions, section 11 (2a), .. .. ... 299 925 19 2 Finance Act, 1932 ' 161,515 8 6 161,515 8 6 Railway Improvements Authorization Act, .. .. .. 1,014 14 1 1 014 14 1 1914 : Interest on capital ' Land Laws Amendment Act, 1929 : Land subject to section 8— Crown Lands Account .. .. 35,41465 National Endowment Account .. 8,711 10 2 Primary Education Endowment Account 177 19 1 44,303 15 8 .. .. .. 44,303 15 8 Discharged Soldiers Settlement Account— Merged interests under section 20, Discharged Soldiers Settlement Amendment Act, 1923 — Principal .. .. .. 2,945 11 7 Instalments .. .. .. 77119 3,023 3 4 .. .. .. 3,023 3 4 Payments in advance — Rents, &c., on estates .. .. 5,710 37 12 34 .. 250 Principal instalments: Sales of Crown 4,603 6 10 .. 1 7 7 land Interest on advances under Deterio- 0 16 3 rated Lands Act, 1925 Land Laws Amendment Act, 1929 : 48 18 1 Rents, &c. _____ 10,363 49 12 34 177 250 10,379 0 8 Rents charged in advance .. .. 128,969 19 5 5,790 17 0 .. 3 14 2 134,764 10 7 Suspense Account: Deteriorated Lands 802 8 10 .. .. .. 'g02 8 10 Act, 1925 Suspense Account: Buildings .. .. 321 16 11 .. .. .. 321 10 n Writings-off in Suspense Account .. 9,861 19 2 9 8 0 .. 405 19 10 10,277 7 0 Reserves for capitalized interest on land- 27,050 0 2 .. .. .. 27' 050 0 2 development schemes Reserve Account, including unexpended 809,411 5 0 7,315 0 2 .. .. 816 726 5 2 loading for roads, &c. Profit and Loss Appropriation Account .. .. .. .. 119,887 9 11 119 887 9 11 Cheviot Estate Account, as per contra .. 262,226 7 0 .. .. .. 262 '226 7 0 National Endowment Trust Account, as 63,740 1 6 .. .. .. 63' 740 1 6 per contra — _____ £15,098,799 10 1 £638,124 6 10 £111,365 0 8 £282,829 11 6 £16,131,118 9 1

B. —1 [PT. IV],

LAND FOR SETTLEMENTS ACCOU NT—continued. Balance-sheet as at 31st March, 1935 —continued. Assets.

55

General. Cheviot. Hutt Valiey - Total Land Account— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Estates leased .. .. •• 10,409,315 9 1 338,385 9 1 Estates unlet 276,917 9 3 365 0 0 .. 118,346 0 0 10,686,232 18 4 358,750 9 1 .. 118,346 0 0 11,163,329 7 5 Land Laws Amendment Act, 1929— Land leased .. • • • • 88,407 0 0 Land unlet .. • • • • 10,940 0 0 99,347 0 0 .. • • •• 99,347 0 0 Provisional State forest .. •• 3,158 6 6 .. ■■ • • 3,158 6 6 11,265,834 13 11 Unpaid purchase price (not yet payable)— Buildings on estates .. • • 114,880 9 8 20 9 7 Sales of settlement land .. .. 452,289 1 7 5,621 0 0 47,189 8 4 124,756 13 11 Sales of Crown land .. .. 517,657 8 2 Land Laws Amendment Act, 1929 — Buildings .. .. . • 249 13 1 Sales of land .. .. .. 12,703 5 2 1,097,779 17 8 5,641 9 7 47,189 8 4 124,756 13 11 1,275,367 9 6 Realization Account .. .. .. 3,290 1 5 .. •• •• 3,290 1 5 Hutt Valley estates — Purchases .. •• •• 164,760 11 9 Roading and incidental expenditure .. 225,026 3 1 Interest .. .. . • 71,654 12 10 461,441 7 8 Less deduction, section 11 (2 a), 299,925 19 2 Finance Act, 1932 161,515 8 6 .. .. .. 161,515 8 6 Railway Department: Balance unpaid on .. •• 26,389 8 0 26,389 8 0 area taken for workshops Advances on mortgages — Land Laws Amendment Act, 1929 — Current Account: Crown lands .. 131,102 8 7 Instalment mortgage : Crown lands 4,944 7 9 Current Account: Settlement land 19 ,153 15 7 Instalment mortgage : Settlement land 272 18 8 155,473 10 7 .. •• •• 155,473 10 7 Deteriorated Lands Act, 1925 — Current Account .. •• 9,911 4 7 Instalment mortgage .. .. 1,538 5 9 11,449 10 4 .. •• •• 11,449 10 4 Advances for roading of endowment lands under section 47, Land for Settlements Act, 1925 — Wanganui River Trust Endowment .. 2,095 18 0 Otago University Endowment .. 1,703 10 10 3,799 8 10 .. •• 3,799 8 10 Land Laws Amendment Act, 1929 : Expenditure on development of Crown and settlement lands — Crown lands— Improvements .. .. 107,838 18 9 Equipment .. • ■ • • 10,213 9 5 Stock and Farm Accounts .. 16,309 5 1 Settlement lands — Improvements .. •• 108,638 9 1 Equipment .. •• •• 8,697 2 3 Stock and Farm Accounts .. 31,338 19 10 283,036 4 5 .. •• 283,036 4 5 Interest on capital expenditure .. 27,050 0 2 .. •• 27,050 0 2 Carried forward .. .. 12,532,132 6 9 364,391 18 8 47,189 8 4 269,492 111 13,213,205 15 8

B.—l [PT. IV],

LAND FOR SETTLEMENTS ACCOUNT —continued. Balance-sheet as at 31st March, 1935 —continued. Assets—continued.

W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the following exception: No interest has been allowed" to the Cheviot Estate in respect, of the assets of the Cheviot Estate Account, which have been transferred to the Land for Settlements Account; and, moreover, the Cheviot Estate has been charged interest on the value of such assets other than cash. As a result, the accounts do not disclose the true amount of revenue earned by the Cheviot Estate and the Land for Settlements Account respectively. The following comments are appended : (1) The account contains no charge for the cost of exchange on payments made in London ; (2) to avoid delay, the accounts of some land districts, the audits of which have not yet been completed by the local Audit Inspector, have been accepted from the Department's records.—J. H. Fowler, Deputy Controller and AuditorGeneral.

56

General. Cheviot. Hlltt Valle y- Total. , „ £ s - d - £ s. d. £ s. d. ! £ s. d. £ s. d. Brought forward .. .. 12,532,132 6 9 364,391 18 8 47,189 8 4 j 269,492 111 13,213,205 15 8 Station accounts, including improvements 142,736 6 10 . .. j . 142 736 6 10 and live-stock Plant and machinery .. .. .. 3,88600 Less Depreciation Reserve .. .. 2,528 7 0 i' 357 13 0 •• •• •• 1,357 13 0 Postponements of rents, interest, &c. — Under Land Act, 1924— Rents, &e., from estates .. .. 124,015 0 9 117 16 7 Instalments from sales of Crown lands 1,413 14 8 .. 18 17 11 Land Laws Amendment Act, 1929 : 71 19 0 Rents, &c. Under Mortgagors and Tenants Relief Act, 1933— Rents, &c., from estates .. .. 6,315 17 10 376 3 5 Instalments from sales of Crown lands 187 17 10 132,004 10 1 494 0 0 18 17 11 .. 132,517 8 0 Sundry debtors for — Rents, royalties from estates .. 463,773 9 2 6,911 11 10 .. 239 17 7 Principal instalments: Buildings .. 14,824 16 7 5 9 1 Principal instalments: Sales of Crown 18,409 17 2 .. 416 12 11 lands Principal instalments: Sales of settle- 30,327 11 3 340 10 0 .. 3,352 17 10 ment lands Principal instalments : Advances under 21 3 4 Deteriorated Lands Act, 1925 Principal instalments : Loans for road- 425 9 6 ing endowment lands under section 47, Land for Settlements Act, 1925 Interest on loans for roading endowment 979 17 2 lands under section 47, Land for Settlements Act, 1925 Interest on advances under Deteriorated 1,154 11 0 Lands Act, 1925 Interest on sales of Crown lands : Sec- 186 19 4 tion 5. Land Laws Amendment Act, 1912 Interest on sales of settlement lands .. 15,448 16 3 155 15 0 .. 8,810 14 4 Land Laws Amendment Act, 1929 — Rents .. .. .. .. 1,252 5 7 Interest on sales .. .. .. 180 3 3 Interest on advances under sections 7 10,582 12 10 and 14 Principal instalments : Sales under 60 1 0 section 8 Principal instalments : Mortgages .. 19 9 9 Insurances .. . . .. 41 18 1 Departmental .. .. .. 3,239 11 9 Miscellaneous .. .. . . 1,498 8 1 562,427 1 1 7,413 5 11 416 12 11 12,403 9 9 582,660 9 8 Interest on national-endowment trust funds 407 12 9 .. .. .. 407 12 9 overpaid Interest accrued but not due on— ■ Investments .. .. .. 467 17 4 .. .. ... 467 17 4 Sales under deferred-payment licenses, &c. 6,459 8 11 70 5 3 .. 528 0 0 7 057 14 2 Outstanding losses : Suspense Account .. 9,861 19 2 9 8 0 .. 405 19 10 10'277 7 0 Investment in Public Debt Redemption 1,288,997 17 5 3,519 2 0 .. .. 1 292 516 19 5 Fund " ' ' Consolidated Fund: Proportion of interest ' 131,461 8 2 .. .. .. 131 4qi g 2 on Loan Account Premiums on loan conversions .. 20,504 0 0 .. .. .. 20 504 0 0 Land for Settlements Account: General, .. 262,226 7 0 63,740 1 6 .. 325 966 8 6 as per contra " ' Cash .. .. .. .. 252,116 8 7 .. .. .. 252 116 8 7 Investment Account • Securities held .. 17,865 0 0 .. .. .. W 17'865 0 0 £15,098,799 10 1 |£638,124 6 10 £111,365 0 8 <£282,829 11 6 £16,131,118 9 1

B. —1 [PT. IV

LEGISLATIVE DEPARTMENTS. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. •• •• 27,656 6 2 By Royalties on sales-tax publications (ButterFuel, light, &c. .. .. .. ■, 2,305 6 0 worth and Co.) .. .. .. 0 7 0 Laundry .. .. •• •• 137 8 11 Excess of expenditure over income carried Maintenance of grounds .. .. .. 1,214 19 3 down .. ... .. .. 159,353 14 3 Tools and implements .. .. .. 17 3 0 Newspapers ■. . • • • • • 350 18 6 Postages and telegrams .. .. .. 3,276 9 6 Printing and stationery .. .. .. 13,106 5 4 Maintenance and repairs, furniture and fittings 213 15 2 Postage-stamps supplied to members .. 2,119 10 0 Statistical publications supplied to members.. 336 10 0 Honoraria and allowances to members .. 37,307 9 11 Telephone concessions to members .. .. 732 3 2 Cleaning .. • • • • • • 3,064 2 6 Railway concessions and travelling-expenses of members .. .. .. • • 26,346 14 3 Winding clocks, contingencies, &c. .. ■■ 245 1 2 Compilation of " Index to Laws of New Zealand " .. ' .. • • • • 012 2 Newspapers, &c. —Library .. ■■ 110 18 1 Miscellaneous stores ...... 188 3 5 Uniforms .. .. • • • • 51 0 9 Cleaning and repairs to uniforms .. .. 47 1 2 Telephones .. .. • • • • 557 7 1 Rent 28,107 0 0 Repairs to typewriters .. .. • • 17 13 5 Depreciation on furniture, fittings—Library, &c. 3,187 16 6 Grant to officer —Library research overseas .. 400 0 0 Bellamy's— £ s. d. Salaries .. .. .. 5,055 16 0 Printing and stationery .. 40 19 8 Maintenance of staff .. 859 19 0 Laundry .. .. 92 6 6 Cleaning .. .. .. 225 0 0 Fuel .. •• 670 0 0 Depreciation on furniture and fittings .. • • 56 13 5 Rent .. .. •• 1,000 0 0 Writings-off Reserve .. 255 11 3 8,256 5 10 £159,354 1 3 £159,354 1 3 To Excess of expenditure over income brought £ s. d. By Excess of expenditure over income after charg- £ s. d. down .. •• •• 159,353 14 3 ing interest on capital .. .. .. 161,829 7 2 Interest on capital — £ s. d. Legislative .. .. 2, 363 511 Bellamy's .. .. 112 7 0 2,475 12 11 £161,829 7 2 £161,829 7 2 Notes. (1) The following are included for which the Department possesses no parliamentary appropriation: (a) Rental value assessed by Public Works Department; (6) interest on capital. (2) No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ s. d. Capital £ s. d. £ s. d. Bellamy's: Silverware, &c., Account .. .. 1,855 9 2 Legislative 54,153 3 8 Furniture and fittings— L> d « Bellamy's 2,616 19 .3 Legislative 15,289 17 6 56,770 2 11 Bellamys .. .. 761 10 1 Creditors— . 101 I Departmental .. .. 514 2 9 Mechanical appliances 532 14 9 Sundrv . .. ... 1,203 10 5 General Assembly Library .. .. .. 33,152 15 4 1,717 13 2 Books of reference .. .. •• •• 5,177 16 1 Writings-off, Suspense . • • • • • 255 11 3 Stocks of statutes, appendices, and parliamentary Treasury Adjustment Account .. .. 162,598 3 8 papers .. .. •• ■ • •• 505 110 Stock of Index to Laws of New Zealand at Printing Office .. ■ • • • • • 224 8 9 Stationery in stock .. .. .. .. 137 13 1 Stamps 17 8 4 Consumable stores .. •• 119 7 6 Uniforms .. • • • • • • • • 48 16 4 Bellamy's linen, glassware, crockery, &c. .< 1,287 4 2 Gardeners' tools and implements .. .. 43 15 3 Assets in suspense . . .. • • • ■ 255 11 3 Debtors, departmental .. .. • • 19 5 Payments in ad vance • . • • • • 101 5 0 Balance of Income and Expenditure Account .. 161,829 7 2 £221,341 11 0 £221,341 11 T. D. H. Hall, Clerk of the House of Representatives. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon,—J, H. Fowler, Deputy Controller and Auditor-General.

B—B. 1 [PT. IV].

57

B.—l [Pt. IV

MAIN HIGHWAYS ACCOUNT. REVENUE FUND. Income and Expenditure Account for the Year ended 31st March, 1935, and Total to Date.

58

Total since j . ' . EXPENDITURE. i Total for Inception of Main rp T ®T£ t Year 1934-35. Highway, Art 1922, I«COMB. »22, T ! ! "O ■ jL ' 3 ' ib - I j to 31/3/35. Net expenditure on maintenance, repairs, &c., of main highways :— I Tnmmo f,„ m Highway District— £ _ j 4? • , ™ + ,• . , „ £ s. d. £ s. d. Wo 1 , s ' tt - *■ s. d. Motor-registration licenses, fees, and fines (section 24, Motor-vehicles No! 2 ;; ;; «I A°t 1924).. 377,085 e 23,508,300 810 n o *• " " " H'TlZ i »yi,7Ub 6 b j Less Commission on collection by Post and Telegraph Department— 4 " " '• •* *• •* •• 52,647 0 7 366,893 18 6 1 £ s. d. No ' k " " " " " " •• 48,601 1 11 306,025 9 1 Motor-registration fees and licenses .. .. 15,710 18 0 ■vr ' fi " •* •* •* •* •• •• 15 4 548,436 5 2 Fees for registration of change of ownership .. 5,384 9 6 -ivj- * _ *" *" * * ■ • • • • • • • 56,995 1 5 342,958 5 10 > 01 7 <? 1"° i rir i in ± *J°- I 38,937 11 11 400,975 1 3 21,095 7 6 173, I08 10 4 AT _ O ** ** ** ** "* ** "" 33,911 18 10 327,162 11 7 OKK QQQ IQ C Q oqr -iaji TO o -vr ' 10 '* *' •• •• •• •• 47,526 18 4 480,315 12 6 Interest from investments of— £ s. d. 5 10 399,566 11 9 Construction Fund .. .. .. .. 4,180 1 9 Totals for North Island 610,355 14 10 4~,549, 920 12 10 RCT enue Fund 1,559 12 9 5,739x4 6 215,156 0 6 No. 11 pro Interest from local authorities on plant purchased on their behalf .. '635 15 10 20'319 3 4 v n 1 .> "' '' '' '' ' • • ■ • • ' "4" 0 8 390, 507 0 7 Interest on advances to local authorities .. .. .. .. 344111 19 076 1Q f> No! 13 " " " il'Vji ifi ft il ] Mileage Tax (Finance Act, 1931-32 (No. 2), section 19) .. .. l!284 0 8 310 No 14 ' " °° '' °° " 14 ,°' s ib o loo,ds9 1/ 4 Miscellaneous receipts .. .. .. .. .. .. 269 18 10 1 391 16 0 No' 15 " " " " " " " H,! 2 ffo'foa Motor-spirits tax (section 9, Motor-spirits Taxation Act, 1927) .. 970,506 0 9 6,469' 155 3 5 No. 16 " " " " " " Iqook o o oof ,0. J Tire-tax (sections 13 and 14, Main Highways Act, 1922) .. .. 91,692 13 9 1,827,933 5 5 No. 17 " " " " " " ,n' -on in i 12 b Transfer from Consolidated Fund (section 14, Main Highways Act, 1922) .. 210 000 0 0 at ' io ** '* '' " •• •• o0,o87 10 11 236,069 8 9 Rent of and tolls from ferries .. .. .. 2 10 6 18 •• •• •• •• •• •• .. 37,319 17 2 263,514 5 11 .... - 1U b Totals for Dominion .. qqo A74. iq o 7 10s cor q a "R i • * j-i. • • 1,429,559 4 1 12,102,673 0 6 iy z i, 180,080 6 0 .Balance, being excess of expenditure over income, carried to general Administration— balance-sheet 188,772 1 0 7,757 10 10 Administration expenses (including salaries, travellingexpenses, office rents, printing, stationery, postages, £ s. d. and miscellaneous expenses) .. .. .. 41,426 0 0 324 054 7 11 Fees and travelling-expenses of members of the Main Highways Board other than Government members .. 1,259 16 8 .. 13 815 0 7 Miscellaneous expenses — '' ' Advertising, maps, rent of halls, traffic tallies, transport of samples, &c. .. .. .. .. 134 8 6 .. 4 373 7 10 Compensation under section 3, Public Works Amendment Act, 1925 .. .. .. .. .. j q 15 j 0 j Depreciation of furniture, fittings, &c. .. .. 90 18 6 '654 10 8 Petrological laboratory and other experimental work, ! Expenses of .. .. .. .. 1,522 15 5 .. 6,753 1 9 Total administration .. .. 44,433 19 1 350,665 10 3 Carried forward .. .. .. .. _ 977,108 18 3 7,536,250 13 3 : Carried forward .. .. .. .. 1,618,331 5 1 12,110,430 11 4

15. I | Pr. IV].

MAIN HIGHWAYS ACCOUNT— continued. REVENUE FUND— continued. Income and Expenditure Account for the Year ended 31st March, 1935, and Total to Date-continued.

59

. ī ~ Total aince m . , . T Total since Total for Inception of Main PYPTfTsmTTTl-Rl? „ To " InceptronDfMam , INCOME. Yeai 1934-35. Highways Act, 1922, JiiA.i'ilijNDllUJIii. Year 1934-35. Highways Act, 1922, to 31/8/85 to 31/3/35. I Brought forward .. .. .. •• •• •• 977408 18 3 7,536,250 13 3 Brought forward .. •• •• •• •• 1,618,331 5 Ī 12,110,430 li 4 Loan charges — £ s - Charges and expenses of raising loans, management charges of Consolidated Stock on account of Construetion Fund, &c 551 2 11 .. 48,667 4 9 Interest on amount appropriated out of Public Works Fund and paid into Main Highways Account Construetion Fund .. .. 61,300 0 0 .. 306,500 0 0 Interest on loans, recoupment to Consolidated Fund (section 4, Finance Act, 1919) .. ... 117,482 19 2 .. 715,858 5 Transfer to reserve for redemption of main highway securities 75,576 0 0 .. 414,216 0 0*, Payment to local authorities in commutation of toll-gate charges (Finance Act, 1925, section 20) ■■ 1,793 1 1 .. -2,631 17 Payment to Wellington City Council in commutation of fees chargeable in respect of motor-vehicles using Hutt „ Road (Finance Act, 1927 (No. 2), section 33) .. 25,168 0 2 .. 15/, 611 10 0 Total loan charges 281,871 3 4 1,665,484 17 4 Subsidies, &c., in respect of other than main highways — Municipal Corporations (Municipal Corporations Act, 1933, on section 71) 22 > 662 9 5 • • 125,095 3 9 Countv Councils and other local authorities (Finance Act, 1930, section 37) .. •• •• 158,442 7 1 .. 805,542 9 3 Subsidies to County. Councils for rebate to ratepayers ji (Finance Act (No. 4), 1931, section 45) .. .. ... .. -53, 89- 1- 1 Subsidy on rates levied on farming land (Finance Act j (No. 3), 1934, section 28) .. .. . •• •• 178,246 7 0 .. 178,24b 7 0 | Maintenance and construction of roads giving access to ■ } outlying areas (Finance Act (No. 3), 1931) .. .. •• - 4o,918 Total subsidies 359,351 3 6 1,408,695 0 9 \ 1,618,331 5 1 10,610,430 11 4 Transfers to Construction Fund .. .. .. • • • • • • 1,500,000 0 0 1,618,331 5 1 12,110,430 11 4 , 1,618,331 5 1 12,110,430 11 4 * Excludes £38,918 19s. Id. interest credited.

B.—l [Pt. IV],

MAIN HIGHWAYS ACCOUNT— continued. CONSTRUCTION FUND. Income and Expenditure on Capital Account for the Year ended 31st March, 1935, and Total to Date.

60

Total since I _ EXPENDITURE Total for Year Declaration of ' 1 otal since 1934-35. Main Highways INCOME. ToW for Year : Declaration of ia /c,/24) 1934-35. I Mam Highways __ WW- I (9/6/24). Net expenditure on construction »nd improvement of main highways— Loans raised under Main Highways Act, 1922— Highway District- £ s. d. £ s. d. Stock and Debentures issued- £ a d f „ H No] 2 :: : 5®'™® §M 5 2 t At 3 per cent interest 16 365 (j Ô 116,365 0 6 at o '* '' ** *• oo,ol7 4 11 81J,05d 7 0 At 3f per cent, interest .. .. .. .. 15 iqk a o 9cm a a at° a " " " ** '* '* ** 3,363 8 2 175,981 19 10 At 3f per cent, interest .. .. .. 400'OOO 0 0 403'ooo 0 o S°- t 16 > 254 9 1 377,566 17 6 At 4 per cent, interest " 400 ' 000 0 0 0 0 ~ " *• •• •• •• •• •• 18,741 2 3 284,910 16 5 At per cent, interest .. .. .. .. .. _ '549*004 10 10 •vr ' 7 ** *' '*** *• *' •• •• 14,071 13 4 339,543 19 5 | At per cent, interest .. .. .. .. .. _ 17 000 0 o w °' „ •• 8,159 18 10 343,376 3 10 At 5J per cent, interest .. .. .. .. .. 75m ft n XT °' „ '' '• •• •• ■■ 16,480 9 8 208,564 13 1 At 5|-per cent, interest .. .. .. 11 n n ®°- 9 -> 27,627 111 575,105 3 2 .... IL,Z 50 0 0 ° " " " •" " '• •• 9,048 2 11 215,609 16 4 3 004 614 10 10 <fWoi„ at„ iV , t 1 j I 1 Receipts under section 15, Finance Act, 1923, from Public Works Fund, otals for Jvorth Island .. .. .. .. 198,969 0 5 3,963, 468 16 11 General Purposes Account (at 5 per cent, interest) .. 1 226 000 0 0 No. 11 7,315 16 li 161,478 8 4 Transfcr from Avenue Fund " l.'soolooo 0 0 J 2 •• •• •• •• •• .. 13J94 4 8 155,'474 8 3 £°- " •• •• .. .. 1,791 7 8 163,242 10 6 •• •• •• ■■ ■■ .. 54,955 6 11 302,840 14 8 J? •• ■■ .. .. .. .. 10,204 0 11, 159,315 16 3 16 •• •• •• •• •• .. .. 11,498 14 8 160,747 6 6 £°- }l ■■ ■■ ■■ •• .. 20,925 18 5 377,288 13 11 0 - 18 •• •• •• ■■ •• .. 6,628 7 6 106,614 6 7 Totals for Dominipn .. .. .. .. 325,482 17 3 5,550,471 1 11 Premium on conversion of loans .. .. .. .. .. 18 510 q q Charges and expenses of raising loans (adjustment) .. .. .. 332 t, . , . . 325,486 0 5 5,568,981 1 11 Balance, being excess of income over expenditure, carried to general balance-sheet .. .. .. .. .. .. .. 106,013 19 7 161,633 8 11 431,500 0 0 5,730,614 10 10 ' 431,500 0 0 5,730,614 10 10 Note. —No charge for the cost of exchange on payments made in London is included.

B.—l [PT. IV].

1 ! 1 II ' 1 E. L. Greensmith, Accountant, Public Works Department. C. J. McKenzie, Chairman, Main Highways Board. I hereby certify that the Income and Expenditure Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon. The following comment is appended: A reserve ot £449,542 s. for redemption of securities has been set up and paid over to Loans Bedemption Account, but only £60,720 has been applied to the redemption of securities. J. . owler, Deputy Controller and Auditor-General.

MAIN HIGHWAYS ACCOUNT—continued. General Balance-sheet as at 31st March, 1935.

61

LIABILITIES. ® e J,™ Ue COn runf° n j TotaL ! ASSETS. 11 TotaK Construction Fund- £ s. d. £ s. d. £ s. d. Cash in Public Account- £ s. d £ s. d £ s - d - Balance at 31/3/34 .. .. .. .. .. 55,619 9 4 At call .. .. .. .. .. 33,568 8 1 125,058 17 9 158,627 5 10 AM excess of income oyer expenditure for 1934-35 .. 106,013 19 7 Temporarily invested until required .. .. ■■ 57,0 ' 161,633 8 11 161,633 8 11 33,568 8 1 182,135 17 9 215,704 5 10 Sundry debtors — Public Works Department .. .. •• 1,506 9 6 168 4 8 1,674 14 2 Other Government Departments .. .. •• 770 7 11 1,083 6 5 1,853 14 4 Sundry creditors — Non-departmental .. .. •• •• •• 5,794 18 7 5,191 0 10 10,985 19 5 Public Works Department .. .. .. 5,463 17 10 654 12 0 6,118 9 10 Advances to local authorities (Main Highways Amendment Other Government Departments .. .. .. 3,949 15 3 275 6 1 4,225 1 4 Act, 1926, section 2) .. .. .. .. • • 74, 3 .. > Non-departmental .. .. .. .. 94,648 11 2 29,280 2 6 123,928 13 8 Advance on subsidies (Finance Act, 1930, sections 37 and 39, Interest accrued on loans .. .. .. .. 27,502 16 6 .. 27,502 16 6 and Finance Act, 1932, section 36) .. .. •• ik n '' 9 n Motor-registration fees paid in advance .. .. 70,319 0 0 .. 70,319 0 0 Motor-registration fees in hands of Postal Department .. 4,662 15 0 .. 4ift u Writings-ofi in Suspense .. .. .. .. 86 8 6 16 4 1 102 12 7 Interest due and accrued .. .. .. •• 3,505 8 0 .',„ ,,, oq'701 2 i Reserve for redemption of securities .. .. .. 392,414 19 I .. 392,414 19 1 Stocks of materials, tools, &c. .. .. •• •• • ~, . ', n , » Stocks Deficits Account.. .. .. . • •• 86 8 6 16 4 1 102 12 7 Furniture, fittings, &c. £ s. d. Expenditure to 31/3/35 •• •• 1,674 17 4 Less depreciation to 31/3/35 .. 654 10 8 1,020 6 8 .. 1,020 6 8 Plant and equipment — For Main Highways Board — Expenditure to 31/3/35 .. .. 105,270 18 2 Less depreciation charged to works 82,134 19 5 ] F ! 23,135 18 9 .. 23,135 18 9 Purchased for local authoritiesExpenditure to 31/3/35 .. .. 177,703 13 0 Less repayments of principal .. 163,127 6 8 * J 14,576 6 4 .. 14,576 6 4 Amount transferred to Loans Bedemption Account .. .. . ■ .• 449,542 4 8 Interest accrued to 31/3/35 .. .. 3,592 14 5 453,134 19 1 Less amount utilized for redemption of securities .. .. .. •• 60,720 00 or.nj-wini 392,414 19 1 .. 392,414 19 1 Bevenue Fund — Excess of expenditure over income for .. .. .. 188,772 1 0 Less Balance at 31/3/34 .. .. 181,014 10 2 7,757 10 10 .. 7,757 10 10 594,385 8 4 191,859 13 7 786,245 1 11 594,385 8 4 191,859 13 7 786,245 1 11

B.—l [PT. IV].

MARINE DEPARTMENT. HEAD OFFICE. Income and Expenditure Account fob the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 7,281 8 6 By Miscellaneous receipts .. .. .. 25 11 8 Rent .. .. .. .. .. 813 0 0 Balance carried down .. .. .. 8,677 3 9 Printing and stationery .. .. .. 130 12 6 Office fittings and requisites .. .. .. 14 22 Postage, telegrams, and rent of boxes.. .. 133 17 5 Telephone rentals, &c. .. .. .. 80 19 7 Books, newspapers, &c. .. .. .. 38 5 2 Maintenance of typewriters, &c. .. .. 17 0 5 Overtime and meal allowance .. .. 3 17 6 Transfer expenses .. .. .. .. 4 0 6 Travelling-expenses .. .. .. 95 1 9 Depreciation : Furniture and equipment .. 90 10 0 £8,702 15 5 £8,702 15 5 £ s. d. By Apportionment of cost of administration to To Balance brought down .. .. .. 8,677 3 9 branches— £ s. d. Interest on capital .. .. .. .. 11 15 3 Mercantile Marine Branch .. .. .. 5,437 411 Harbours Branch .. .. .. 430 13 6 Inspection of Machinery Branch .. .. 1,938 0 6 Fisheries Branch .. .. .. 323 0 1 Ross Dependency Account .. .. 10 0 0 Westport Harbour Account- .. .. 500 0 0 Rock Oyster Industry Account .. .. 50 0 0 £8,688 19 0 £8,688 19 0 MERCANTILE MARINE BRANCH. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. Income. £ s. d. To Lighthouses— £ s. d. By Light dues .. .. .. .. 91,108 3 3 General maintenance .. 21,065 13 6 Survey of ships .. .. .. .. 3,500 12 0 Working-expenses of tender 19,124 7 2 Engagement and discharge of seamen .. 1,711 13 6 40,190 0 8 Fines and forfeitures .. .. .. 26 8 5 Mercantile Marine Offices, &c.— Deck-cargo licenses .. .. .. 39 2 6 Salaries .. .. .. 10 8 Examination fees .. .. .. .. 194 14 10 Services of Customs officers.. 1,935 0 0 Sale of charts, books, and forms .. .. 845 4 10 Rent .. .. .. 1,624 9 8 Sale of " New Zealand Nautical Almanac" .. 178 3 4 Fuel, light, &c. .. .. 46 17 4 Registry of shipping fees .. .. .. 114 16 2 Printing and stationery .. 131 11 8 Salvage .. .. .. .. .. 770 Office fittings and requisites.. 44 17 5 Costs awarded the Department: Prosecutions Postage, telegrams, and rent under Shipping and Seamen Act .. .. 2 10 0 of boxes .. .. 73 12 6 Charter of G.s.s. " Matai" for relief expedition Telephone rentals, &c. .. 179 18 1 to Cook and other Islands .. .. 3,600 0 0 Books, newspapers, &c. .. 77 9 4 Fares, freight, &c. .. .. .. 864 17 0 Legal expenses .. .. 914 0 Services of lighthouse tender in respect of Removal of offices .. 209 0 8 harbours .. .. .. .. 676 13 4 Transfer expenses .. .. 174 19 7 Rents of buildings and reserves .. .. 87 15 0 Travelling-expenses .. 508 10 4 Subsidy from Unemployment Board for Godley Examination expenses .. 267 9 6 Head Road .. .. .. .. 42 0 0 Charts, saleable books, and Miscellaneous receipts .. .. .. 39 0 5 forms .. .. .. 402 0 3 " New Zealand Nautical Almanac" .. .. 523 18 10 Preparation of Tide-tables .. 550 0 0 Checking passenger traffic .. 86 3 8 Relief of distressed seamen .. 10 10 0 Grant to Imperial Shipping Committee .. .. 240 0 0 Miscellaneous expenses .. 16 11 9 19,629 5 3 Head Office administration .. .. 5,437 411 Losses on disposal of surplus stores .. .. .. .. 76 19 11 Depreciation— £ s. d. Lighthouses .. .. 6,285 10 11 G.s.s" Matai" ~ .. 4,034 4 8 Buildings .. .. 11l 7 8 Furniture and equipment .. 1,253 15 3 11,684 18 6 Balance carried down .. .. .. 26,020 12 4 £103,039 1 7 £103,039 1 7 £ s. d. £ s. d. To Interest on capital .. .. .. 13, 480 I 3 By Balance brought down .. .. .. 26,020 12 4 Excess of income over expenditure .. .. 12,540 11 1 £26,020 12 4 £26,020 12 4

62

B. —1 [FT. IV]

MARINE DEPARTMENT —continued. HARBOURS BRANCH. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. cl. Income. £ s. d. To Salaries and wages .. .. . • • • "767 13 6By Pilotage .. .. .. . • • • 457 8 5 Repairs and maintenance .. .. •• 454 14 4 Port charges .. .. .. •• 713 b 8 Services of lighthouse steamer .. .. 676 13 4 Harbourmaster s fees .. .. .. 51J 0 Supervision and maintenance of foreshore .. 737 8 0 Wharfage.. .. .. •• •• 277 9 3 _ _ _ _ _ ~ 26 14 4 Harbour boat license fees .. .. ■. 1/ 10 0 Office expenses 10 10 7 Watermen's license fees 10 0 Printing and stationery .. .. •• 43 411 Foreshore rentals .. .. ..6-680 Telephone rentals, &c. .. •• •• 18 14 8 Royalty on shingle, sand, &c. .. .. 1,312 10 11 Travelling-expenses .. .. • • 12 3 3 Order in Council and permit fees .. .. 24 15 0 Grants and subsidies .. .. 250 0 0 Rents of buildings and reserves .. .. 48 0 9 Head Office administration 430 13 6 Services to Customs Department .. .. 155 0 0 Depreciation— £ s. d. Miscellaneous receipts .. .. .. 41 11 0 Buildings .. .. .. 113 10 9 Balance carried down .. .. •• 343 7 i Equipment .. .. •• 476 14 11 590 5 8 £4,018 16 1 £4,018 16 1 £ s. d. £ s- dTo Balance brought down .. .. .. 343 7 1 By Excess of expenditure over income .. .. 992 4 3 Interest on capital .. .. .. • ■ 648 17 2 £992 4 3 £992 4 3 INSPECTION OE MACHINERY BRANCH. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. •• •• 10,815 11 3 By Inspection fees .. .. .. •• 19,041 1 9 Rent 799 7 0 Examination fees 359 4 6 Printing and stationery .. .. 235 11 0 Drawings, examination of .. .. .. 263 5 0 Office fittings and requisites • ■ • ■ 64 6 7 Sale of publications .. ■■ o 11 6 Postage, telegrams, and rent of boxes • • 190 2 4 Costs awarded the Department in connection Telephone rentals, &c. .. .. • • 166 15 4 with prosecutions under the Inspection of Commission on revenue collected by Post and Machinery Act .. .. .. •• J j' J Telegraph Department .. • • 193 13 6 Miscellaneous receipts .. .. .. 17 19 7 Books, newspapers, &c. .. • • • • 16 19 4 Fuel, light, and cleaning .. . • • • 13 9 1 Inquiries and technical investigations .. 12 12 0 Transfer expenses .. ■ • • • 251 2 4 Travelling-expenses .. •• •• 2,370 15 8 Head Office administration .. • • 1,938 0 6 Depreciation — £ s. d. Buildings .. .. • • 414 2 Furniture and equipment .. 219 11 3 Motor-vehicles ■ • • • 211 7 11 435 13 4 Balance carried down .. .. •• 2,187 0 1 £19,690 19 4 £19,690 19 4 £ s. d. £ s. d. To Interest on capital .. •. •• 61 5 3 By Balance brought down .. .. .. 2,187 0 1 Excess of income over expenditure .. .. 2,125 14 10 £2,187 0 1 £2,187 0 1 FISHERIES BRANCH. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries and wages .. .. •• •• 3,278 17 7By Fishing-boat license, registration fees, &c. .. 377 7 1 Salmon fisheries .. • • • • • • 420 12 11 Salmon license fees .. .. . • • • 33 0 0 Maintenance of launches .. • • • • 277 15 7 Rentals -of buildings .. ■ • • ■ 25 0 0 . .. .. .. 153 0 0 Toheroa areas: Rentals and license fees .. 316 0 0 Printing and stationery .. • • • • 62 10 0 Sale of salmon .. .. • • 2140 Office fittings and requisites .. • • • • 10 18 2 Sale of ova .. .. .. • • II 5 0 Postage, telegrams, &c. .. .. • • 21 4 8 Launch-hire .. .. .. •• 25 13 0 Telephone rentals, &c. .. • ■ • • 42 19 6 Sale of publications .. .. .. 4 0 3 Boots, newspapers, &c. .. • • • • 7 2 6 Costs awarded the Department in connection with Legal expenses, &c. . • • • • • 30 3 2 prosecutions under the Fisheries Act .. 13 18 0 Transfer expenses .. .. • ■ • ■ 88 5 Miscellaneous receipts .. .. .. 29 9 Travelling-expenses .. •• 555 6 8 Balance carried down .. .. .. 5,025 10 8 Fisheries investigation .. .. •• 11316 0 Miscellaneous expenses .. .. • • 9 13 7 Grants and subsidies .. • • • • 300 0 0 Head Office administration .. .. • • 323 0 1 Depreciation — £ s. d. Buildings .. .. • • 93 5 0 Motor-vehicles ■ ■ • • 34 14 0 Launches, &c. .. 111 19 11 239 18 11 £5,855 7 9 • £5,855 7 9 £ s. d. By Net profit on rock-oyster industry, transferred £ s. d. To Balance brought down .. .. •• 5,025 10 8 from Profit and Loss Account .. .. 509 7 3 Interest on capital .. .. • • • • 59 12 5 Excess of expenditure over income .. .. 4,575 15 10 £5,085 3 1 £5,085 3 1

63

B.—l TPT. IYI.

MARINE DEPARTMENT—continued. ROCK OYSTER INDUSTRY. Profit and Loss Account toe 1934 Season. „ o P r ' j £ s. d. Or. £ 3< d. To Salaries and wages .. .. .. .. 3,806 110 By Sales .. .. . . . ~ 5,925 8 4 Maintenance of ketch and launches .. .. 572 1 6 Freight and cartage .. .. .. 287 15 10 Stores and materials .. .. .. 222 4 2 Repairs to depot .. .. ~ .. 3 0 8 Wharfage and cranage .. .. .. 44 18 4 Rent, fuel, light, &c. .. .. .. 66 0 0 Administration expenses .. .. . . 80 12 5 Travelling-expenses .. .. .. 73 6 1 Office expenses .. .. .. .. 20 17 0 Printing and stationery .. .. .. 14 1 Advertising .. .. .. .. 16 2 3 Compensation for accident .. .. .. 55 3 11 Depreciation: Launches, &c. .. .. 96 18 7 Balance carried down .. .. .. 579 1 8 £5,925 8 4 £5,925 8 4 £ s. d. £ s . d. To Interest on capital .. .. .. .. 69 14 5 By Balance brought down .. .. ~ 579 1 8 Net profit .. .. .. .. 509 7 3 £579 1 8 £579 1 8 Note—This account includes expenditure on oyster cultivation amounting to £910 6s. lid. ROSS DEPENDENCY. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s . d. To Head Office administration .. .. .. 10 00 By Whaling-license fees .. .. ~ .. 600 oo' Depreciation : Furniture and equipment.. .. 1 19 9 Balance carried down .. .. .. 588 0 3 £600 0 0 £600 0 0 £ s. d. £ s _ (j. To Interest on capital .. .. .. .. 0115 By Balance brought down .. . .. 588 0 3 Excess of income over expenditure .. .. 587 810 £588 0 3 £588 o 3 Aggregate Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s, d. Income. £ s d To Head Office .. .. .. .. 8,612 55 By Head Office .. .. .. .. 25 11 8 Mercantile Marine .. .. .. 59,819 511 Mercantile Marine .. .. .. 102 962 1 8 Harbours .. .. .. .. 2,997 16 11 Harbours .. .. .. .. 9 0 Inspection of machinery .. .. .. 15,130 55 Inspection of machinery .. .. .. 19'690 19 4 Fisheries .. .. .. .. 10,491 16 10 Fisheries .. .. .. .. Q' 755 g g Ross Dependency .. .. .. .. Ross Dependency .. .. .. ' goo 0 0 97,051 10 6 133,709 7 1 Depreciation .. .. .. .. 13,140 4 9 Proportion of administration charges transBalance carried down .. .. .. 24,017 11 10 ferred to Westport Harbour Account .. 500 0 0 £134,209 7 1 £134,209 7 1 £ s. d £ s. d. To Interest on capital .. .. .. 14,331 17 2 By Balance brought down .. .. .. 24,0]7 11 10 Balance, being excess of income over expenditure after charging depreciation and interest on capital .. .. .. .. 9,685 14 8 £24,017 11 10 £24,017 11 10 £ s d To Subsidy paid to Greymouth Harbour Board in £ s. d. By Balance brought down .. .. .. 9 685 14 8 terms of section sof the Greymouth Harbour Balance, 31st March, 1935.. .. " 2314 5 4 Board Amendment Act, 1920 .. .. 12,000 0 0 0 0 £12,000 0 0 Notes. —(1) The subsidy payable from time to time to Greymouth Harbour Board was formerly charged to Permanent Appropriations under special Acts. (2) The following charges are included for which the Department possesses no parliamentary appropriation: (a) Services of Customs officers; (b) rental value as assessed by Public Works Department; (c) interest at 4J per cent, on capital; (d) proportion of cost of raising public-works loans;'(e) Public Works Department overhead cost. Depreciation has been allowed for on balances of assets as at Ist April, 1934, the total charge being carried to Depreciation Reserve; (/) credit has been taken without appropriation for services rendered to the Customs Department. (3) No- charge for the cost of exchange on payments made in London is included in the account.

64

9—B. 1 [PT. IV].

B.—l [PT. IV],

MARINE DEPARTMENT —continued. Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ s. d. Capital— £ s. d. £ s. d. Land .. .. .. .. •• 28,941 17 0 Public Works Fund .. 278,101 8 8 Buildings .. .. .. -• 4,331 8 0 Consolidated Fund . . .. 197,348 5 6 Lighthouses (including land, towers, buildings, 475,449 14 2 furniture, apparatus, and equipment).. .. 227,353 16 11 Creditors— Fog-signals .. .. -. • • 5,821 7 8 Departmental .. .. 950 011 Radio direction-finding experiments .. .. 1,971 3 8 Sundry .. .. .. 2,572 15 1 Radio direction-finding beacons .. .. 774 3 6 3,522 16 0 Beacons, buoys, and moorings .. .. 5,495 12 8 Rentals, &c., paid in advance.. .. •• 13 8 9 Government steamer " Matai" .. .. 64,803 7 1 Reserves for bad debts .. .. • • 156 9 4 Wharves .. .. • • • • • • 1,232 7 Deposit accounts .. .. .. • • 473 17 5 Harbour equipment (including launches, fiagstans, Writings-off, Reserve Account .. .. 103 13 5 signalling-apparatus, tools, &c.) .. .. 756 15 5 Treasury Adjustment Account .. •• 10,422 2 8 Oyster-beds .. •• •• -■ 117,867 4 / Oyster ketch, launches, and boats .. .. 502 2 5 Fish hatcheries and equipment .. .. 1,814 3 5 Motor-vehicles .. ■ ■ • • • • 388 19 1 Automatic flashing-lamps .. .. .. 70 2 4 Test-pumps and pressure-gauges .. .. 413 2 6 Office furniture and fittings .. .. .. 976 2 4 Mechanical office appliances .. .. .. 55 3 5 Library .. . • ■ • • • • • 554 6 9 Stores, tools, &c. .. •• •• 11,326 8 3 Stationery .. ■. • ■ ■ • • ■ 381 8 0 Charts, saleable books, and forms .. .. 2,19114 8 Unemployment insurance stamps .. •. 78 7 0 Official stamps .. .. • • • • 75 15 4 Debtors — £ s. d. Departmental .. .. 832 16 7 Sundry 7,772 10 11 8,605 7 6 Writings-off, Suspense Account .. . • 103 13 5 Deposit Cash Account— Receiver-General's deposits .. 10 0 0 Other deposits .. .. 463 17 5 473 17 5 Cash in Post Office .. •• 467 18 11 Income and Expenditure Account .. .. 2,314 5 4 £490,142 1 9 £490,142 1 9 J. E. Engel, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J. H. Fowler, Deputy Controller and AuditorGeneral.

65

B1 [Pt. IY].

MINES DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. | Income. £ s. d. To Advertising, books, &c. .. .. .. 11l 14 5 By Rent of buildings, &c. .. .. .. 108 13 6 Assistance to mining— £ s. d. Goldfields revenue.. .. .. .. 24,438 17 2 Assistance to prospecting .. 3,033 110 Territorial revenue under Mining Act, 1926 .. 401 1 4 Assistance to roads .. 142 16 0 Registration and other fees .. .. 2,370 0 6 3,195 17 10 Interest .. .. .. .. .. 406 16 11 Collecting goldfields revenue, and law-costs .. 445 13 2 Hire of drilling equipment .. .. .. 501 16 6 Drill-maintenance .. .. . . 283 16 10 Prospecting subsidies paid now recoverable .. 264 3 4 Examinations .. .. . . . . 127 4 9 Sale of mining equipment acquired under secFreight and cartage .. .. .. 10 19 1 tion 226, Mining Act, 1926 .. .. 168 10 0 Fuel, light, water, &e. .. .. .. 50 1 11 Balance carried down .. .. .. 14,985 11 10 Office requisites .. .. .. .. 33 0 8 Postages and telegrams .. .. .. 211 9 6 Printing and stationery .. .. .. 179 3 7 Rents .. .. .. .. .. 539 11 4 Salaries .. .. .. .. .. 7,764 5 2 Schools of Mines and libraries in mining townships .. .. .. .. .. 3,427 12 0 Sundry expenses .. .. .. .. 35 19 11 Supervision of prospectors: Unemployment Board schemes .. .. .. .. 88 19 3 Telephones .. .. .. .. 194 15 3 Travelling allowances and expenses and motormaintenance .. .. .. .. 1,537 12 11 Depreciation .. .. .. .. 914 6 0 Goldfields revenue.. .. .. .. 24,438 17 2 Bad debts .. .. .. .. 54 10 4 £43,645 11 1 £43,645 11 1 £ s. d. £ s. d. To Balance brought down .. .. .. 14,985 11 10 By Excess of expenditure over income .. .. 15,749 3 4 Interest on capital .. .. .. 763 11 6 £15,749 3 4 £15,749 3 4 COAL-MINES ACT, 1925. Revenue Account fob the Year ended 31st March, 1935. Dr. £ a. d. Or. £ g . d. To National-endowment revenue .. .. 1,154 13 6 By Rents, royalties, and fees from leases and licenses Westport Harbour revenue .. .. 9,135 16 9 under the Coal-mines Act, 1925 .. .. 22,716 17 2 Primary Education Account .. .. 1,642 12 0 Secondary Education Account .. .. 951 4 0 Lands for Settlement Account .. .. 26 15 3 Greymouth Harbour Board.. .. .. 1,800 7 6 Remissions of rent and royalty under section 17 of the Coal-mines Act, 1925, and section 7 of the Finance Act, 1932 (No. 2) .. .. 740 19 0 Bad debts written off .. .. .. 131 11 0 Consolidated Fund : Territorial Revenue, carried down .. .. .. .. .. 7,132 18 2 £22,716 17 2 £22,716 17 2 Net Revenue Account. „ , . £ s. d. £ s. d. To Salaries .. .. .. .. .. 467 15 6 By Territorial revenue brought down .. .. 7,132 18 2 Postages and telegrams .. .. .. 30 0 0 Commission for collecting .. .. .. 501 5 4 Printing and stationery .. .. .. 80 0 0 Depreciation .. .. .. .. 14 8 Balance carried down .. .. .. 1 3 055 3 4 £7,634 3 6 £7,634 3 6 £ s. d. £ g. d. To Interest on capital .. .. .. 011 0 By Balance .. .. .. .. .. 7,055 3 4 Excess of income over expenditure .. .. 7,054 12 4 £7,055 3 4 £7,055 3 4 Note. —The Revenue Account includes rents for period Ist July, 1934, to 30th June, 1935, and royalties for period Ist January, 1934, to 31st December, 1934.

66

B.—l [PT. IV].

MINES DEPARTMENT —continued. Balance-sheet as at 31st March, 1935. Assets. £ Liabilities. .. 4 349 0 0 Capital Account — £ s. d. £ s. d. Land •• •• " " '203 16 7 Consolidated Eund .. . • 5,352 14 10 Buildings .. •• 216 10 Public Works Fund .. -806,338 5 » 811 , 691 Q 9 MoZ-ears " " " •• •• 0 0 „ Furniture and fittings.. .. •• •• oo ok Departmental .. .. 22.11 0 Mechanical office appliances .. .. •• 38 2 5 Sundr y 9 ' 682 — 9,705 0 4 Stamps ! .. •• •• •• *> 2 5 Reserves : Reserve for bad and doubtful debts .. 1,050 0 0 Saleable publications Amounts held in deposit .. •• Mnrtoaees •• 6,623 6 8 Treasury Adjustment Account .. .. 10,046 19 Mo /XL accrued and unpaid .. 146 1 1 — 051 oy • y Debtors— .. KA , r , Departmental .. • • 100 d u gll n drv 12,709 9 10 ftunary _ 12,859 12 10 National Development Account: Development of mining .. •• •• •• Iqul2 10 Drills and equipment .. •• '7016 10 Library and maps .. • • • • • • ,f? , Exhibits in t ?, Mineral collections .. .. • • • • ° ° Instruments .. • • Deposit accounts — £ d - Post Office .. •• •• 56 10 0 Mining Act, 1926 .. 142 13 9 Receiver-General .. ■■ 3, 5Z7 91U Receivers of Gold Revenue .. 1,582 15 6 Receivers of Gold Revenue Cash 20 0 3 Local bodies .. •• ' 9 Fixed deposits .. •• 850 n,056 17 2 Excess of expenditure over income: Mines Department .. 15,749 3 4 Less excess of income over expenditure, Coal Revenue Ac- — 8,694 11 0 £843,549 17~1 £843 ' 549 17 4 01. r + + ill „ « B>5R !1 „ od paid to mining companies and syndicates are recoverable, but only if payable Notes. Subsidies totalling £5,858 lis. paid to mm g p Department possesses no parliamentary 3S&T.S - » — - — - A. W. Gyles, A.R.A.N.Z., Accountant. i a .t 52 SfpSt dtS P £»b™! subject the departmental note, ,uf«,d H. Few™, Deputy Controller and Auditor-General. MINING ADVANCES ACCOUNT. Income and Expenditure Account eor the Year ended 31st March, 1935. „ j Income. £ s - d. Expenditure. ! 444 13 6 By Interest on advances J45 10 0 To Interest on capital 745 10 0 Balance, loss 1,444 13 6 Reserved for losses .. • • • • • • £2,190 3 « g -"° 3 " NoTe.-The above >«„„„» feM. «. <«' '»'«»' » *»' "«* "" """""" " appropriation. BALANCE-SHEET AS AT 31 ST MARCH, 1935. Capital Account— £ £ <L Advances .. •• •• " 14, qi2 „ 2 Loans— ~o 545 Sundry debtors • • • • • • 01 ' A9fi a At 3J per cent. .. •• ' 5 , 5 Treasury Adjustment Account •• •• 2 *>626 6 6 At 4 per cent. •• •• ' 39,060 0 0 Excess of expenditure over income •• •• 1,444 Reserve for losses 2,907 9 0 £41 * 967 9 ° H. Tyndall, Under-Secretary. A. W. Gyles, A.R.A.N.Z., Accountant. Tl, v that the Income and Expenditure Account and Balance-sheet have been duly examined Auditor-General.

67

B.—l [PT. IV],

MISCELLANEOUS ADVANCES FROM CONSOLIDATED FUND. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ 8 . d. Income. £ s d io .Balance, being excess of income over expenditure 12,148 411 By Interest on advances .. .. .. 12 032 18 3 Surplus from Moana Vale Land Settlement Association .. .. .. .. U5 g g £12,148 4 11 £12,148 4 11 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets £ s d Advances from Consolidated Fund .. .. 697,803 7 8 Advances to— £ s d Sundry creditor, departmental .. .. 311 0 State Forests Account .. 87 405 3 4 Excess of income over expenditure .. .. 12,148 411 Southland Electric - power Board .. .. .. 15,000 0 0 Land-settlement associations.. 185,932 7 1 Rural Intermediate Credit Board .. .. .. 400,850 0 0 Sundry .. .. .. 7,052 11 8 696,240 2 1 Interest due and unpaid .. .. .. 12,497 8 3 Accrued interest .. .. .. .. '30 15 0 Treasury Adjustment Account .. .. 1,183 8 3 Cash in State Advances Account .. .. 3 10 0 £709,955 3 7 £709,955 71 B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury" I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General. NATIONAL PROVIDENT FUND. (1) Revenue Account for the Year ended 31st December, 1934. £ s. d. £ s d Amount of fund at beginning of year .. 3,756,980 15 1 Maternity claims (section 19) .. .. 5 252 0 o Contributions .. .. .. .. 227,651 17 2 Maternity claims (approved friendly societies) 29',878 0 0 Interest .. .. .. .. 165,828 19 6 Refund of contributions on lapse, reduction, Ernes .. .. .. .. .. 707 17 6 and withdrawal (sections 11, 12, and 13) .. 61 610 010 Government contribution under Act .. 56,732 11 7 Refund of contributions in lieu of pension Refund of maternity claims by the State .. 29,878 0 0 (section 14) .. .. .. .. 5 594 12 4 Contributions overpaid on exit .. .. 52 18 5 Incapacity allowances (sections 17 and 18)', Benefits refunded on exit .. .. .. 11,683 13 3 including contributions waived on incapacity Miscellaneous receipts .. .. .. 013 0 £1,189 9s. 2d.) .. .. . 7 752 10 11 Premium on conversion .. .. .. 636 7 1 Death: Refund of contributions (sections 15(5) and 16) .. .. .. .. 24,950 15 8 Death : Allowances on account of widows and children (section 15) .. .. .. 11,873 5 2 Retirement: Allowances (sections 13 and 48) 19 9 Refund of contributions overpaid on exit .. 52 18 5 Expenses— Salaries .. .. .. .. 8,29117 5 Commission, allowances, and agency expenses 4,001 6 7 Postages .. .. .. .. 293 18 3 Printing and stationery .. .. .. 286 12 0 R ent .. .. .. .. .. 634 17 4 Government Actuary .. .. .. 698 0 4 Post and Telegraph Department : Charges 610 15 0 Public Trustee : Charges .. .. 3,007 6 1 Travelling allowances and expenses .. 515 13 5 General expenses .. .. .. 509 i 4 Legal expenses .. .. .. .. 143 7 0 Amount of fund at end of year .. . . 4,037,792 14 9 £4,250,153 12 7 £4,250,153 12 7 Balance-sheet as at 31 st December, 1934. Liabilities. £ s. d. Assets. £ s d Fund as per Revenue Account .. .. 4,037,792 14 9 In hands of Public Trustee— Post Office .. .. .. .. 5,003 4 4 Invested .. .. .. ..3 847 484 16 1 Claims due and in course of payment*— Uninvested .. .. .. " '105'31667 Maternity .. .. .. .. 2,509 011 Balances in transit .. .. .. . 7'727 13 2 Death (section 16) .. .. .. 379 7 3 Contributions outstanding or in course of Death (section 15 (5) ) .. .. .. 1,262 11 5 transmission*— Death : Allowances (section 15) .. .. 342 4 5 (a) Contributions due but not overdue 10 028 14 2 Allowances (sections 13 and 48) .. .. 1,668 711 (6) Contributions overdue .. .. 2'ô64 19 2 Allowances (section 17) .. .. .. 224 17 0 Government subsidy due under Act* 56'732 11 7 Expenses due and in course of payment*— Refund due in respect of maternity claims* 2'204 0 0 Sundry creditors .. .. .. 4,025 0 3 Fines due* .. .. .. .. ' 167 12 11 Commission, allowances, and agency expenses 612 12 7 Interest due* .. .. .. " 29 386 19 7 Refunds in suspense .. .. .. 43,704 13 11 Interest accured but not due* .. .. 4ō'717 6 1 Suspense Account .. .. .. 144 11 5 ' Contributions prepaid .. .. .. 9,761 13 2 £4,107,430 19 4 £4,107,430 19 4 * Included in Revenue Account. „ T ... x 1T , R- Witheford, Superintendent. Wellington, Ist July, 1935. R. M. Porteous, Accountant. I hereby certify that the Balance-sheet and Revenue Account have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

68

B.—l [PT. IV].

NATIONAL PROVIDENT FUND AND FRIENDLY SOCIETIES DEPARTMENT. NATIONAL PROVIDENT FUND DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1935. j) r- £ s. d. Or. _ £ s. d. To Administrative expenses : Rent .. .. 130 00 By Recoveries on account of expenditure of previous Other items— £ s. d. years .... .. ■ • •• ' Maternity claims .. ..29,912 0 0 Balance earned down .. .. • • 74, you u 6 State subsidy .. 44,794 13 9 Depreciation (furniture, £52 10s.; mechanical appliances, £12 195.) .. 65 9 0 74,772 2 9 £74,902 2 9 £74,902 2 9 £ s. d. £ s- d - To Balance brought down 74,900 0 3 By Excess of expenditure over income .. .. 74,915 5 5 Interest on capital .. • • • • 15 5 2 £74,915 5 5 £74,915 5 5 Note. —The above account includes charges for interest on capital and depreciation for which the Department has no parliamentary appropriation. FRIENDLY SOCIETIES DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Dr Or. £ s. d. To Administration expenses — £ s. d. By Sundry fees .. .. •• •• 312 0 Salaries .. •• 1,172 12 11 Balance carried down .. .. •• A,164 o it Government Actuary .. • • •• 1,688 18 6 Postages and telegrams .. .. • • 50 2 5 Printing and stationery .. .. • • 80 14 10 Rent .. .. • ■ • • • • 104; 5 5 Telephone services .. .. • ■ 23 11 4 Travelling allowances and expenses .. 9 0 10 Fuel, light, power, and water .. .. 3 11 1 Office maintenance .. • • • • 3 17 £3,135 18 11 £3,135 18 11 £ s. d. £ s. d. To Balance brought down .. .. •• 3,132 611 By Excess of expenditure over income .. .. 3,135 15 9 Interest on capital .. .. • ■ • • 3 8 10 £3,135 15 9 £3,135 15 9 Note.—The above account includes charges for interest on capital and depreciation for which the Department has no parliamentary appropriation. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. 438 15 9 Furniture and fittings .. .. .. 266 4 9 Creditors Mechanical appliances .. .. .. 172 11 0 Departmental .. .. • • ■ • 0 5 3 Stationery .. .. .. .. .. 44 2 6 Sundry .. .. •• •• 948 3 0 Stamps .. .. •• •• •• 217 3 Treasurv Adjustment Account .. .. 77,149 12 8 Excess of expenditure over income— £ s. d. National Provident .. .. 74,915 5 5 Friendly societies .. .. 3,135 15 9 78,051 1 2 £78,536 16 8 £78,536 16 8 R. Witheford, Superintendent, National Provident and Friendly Societies Department. I hereby certify that the Income and Expenditure Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental note enfaced thereon.--G. F. C. Campbell, Controller and AuditorGeneral.

69

B.—l [PT. IV

NAVAL DEFENCE. Income and Expenditure Account eor the Year ended 31st March, 1935. Expenditure. Income. £ s, d. £ s. d. £ s. d. By Purchase of discharge .. .. .. 61 0 0 To Pay and salaries' .. . . .. 195,524 15 7 ' Rents of buildings .. . . .. 383 9 6 Clothing and victualling .. 30,385 16 2 Forfeited deferred pay .. .. .. 601 18 9 Add writings-off .. .. 1,549 14 11 Balance.. .. .. .. .. 401,002 17 6 31,935 11 1 Medical services .. .. 2,250 17 10 Add writings-off .. .. 2 3 7 2,253 1 5 Calliope Dock .. .. .. 3,525 0 0 Repairs to H.M. ships .. .. 19,930 0 11 Oil-fuel expenses .. .. .. 23,141 6 7 Coal .. .. .. .. 903 13 1 Lighting and electricity .. .. 2,373 5 1 Stores, Naval .. .. 6,921 2 7 Add writings-off .. .. 509 4 7 7,430 7 2 Stores, armament .. .. .. 16,891 19 7 Base stores .. .. .. 2,288 9 10 Works at base .. .. .. 3,047 4 5 Reserves (various) .. .. 9,552 9 9 Add writings-off .. .. 24 12 7 9,577 2 4 Freight.. .. .. .. .. 8,356 9 3 Office fittings ........ 47 5 7 Passages .. .. .. .. 24,880 19 6 Postages .. .. .. .. 314 0 4 Printing and stationery .. .. .. 987 9 4 Training in England and Australia .. .. 4,925 14 0 Deferred pay .. .. .. .. 35,430 19 3 Miscellaneous effective services .. .. 1,781 3 8 Miscellaneous non-effective services . . 1,346 14 0 Rental assessment .. .. .. 505 0 0 Depreciation—• £ s. d. Buildings .. .. 2,339 17 2 Plant .. .. .. 2,311 16 7 4,651 13 9 £402,049 5 9 £402,049 5 9 £ s. d. £ s . d. To Balance brought down .. .. .. 401,002 17 6 By Recoveries on account of expenditure of Contribution to Singapore Base .. .. 100,000 0 0 previous years .. .. .. 45 18 5 Interest on capital .. .. .. 10,383 3 1 Balance.. .. .. .. .. 511,340 22 £511,386 0 7 £511,386 0 7 Notbs. —(1) The following charges are included for which the Department possesses no parliamentary appropriation: (a) Rental value assessed by Public Works Department; (6) interest on capital. (2) No charge for cost of exchange for payments made in London has been included in the accounts. Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. 275,648 7 1 Land at Devonport .. .. .. .. 26,693 12 0 Sundry creditors — £ s. d. Bnildings .. .. .. .. .. 43,592 6 3 Departmental .. .. 309 12 2 Plant and fittings .. .. .. .. 30,085 15 9 Other .. .. .. 12,306 15 6 Stores— £ s. d. 12,616 7 8 Victualling and clothing .. 13,264 13 10 Amounts held on deposit— Naval and armament .. 141,358 8 5 Radiograms .. .. 92 10 1 Coal and oil fuel .. .. 20,147 10 4 Remittances .. .. 3,387 2 6 Medical .. .. .. 450 0 0 Naval Savings-bank .. .. 37 0 0 175 220 12 7 Deferred pay .. .. 81,998 14 2 Stationery .. .. .. .. .. ' 49 17 0 85,515 6 9 Stamps on hand .. .. .. .. 6 3 6 Writings-off, Suspense Account .. .. 970 19 7 Sundry debtors: Departmental . . .. 10 0 0 Treasury Adjustment Account .. .. 498,733 14 6 Deposits Accounts— £ s. d. Radiograms .. .. 92 10 1 Remittances .. .. 3,387 2 6 Naval Savings-bank .. 37 0 0 Deferred pay .. .. 81,998 14 2 85,515 6 9 Assets in Suspense .. .. .. .. 970 19 7 Excess of expenditure over income .. .. 511,340 22 £873,484 15 7 £873,484 15 7 E. L. Tottenham, Naval Secretary. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby subject to the departmental notes enfaced thereon.—J. H. Fowler, Deputy Controller and AuditorGeneral.

70

B. —1 [Pt. IV

THE NEW ZEALAND BROADCASTING BOARD. Revenue Account fob the Yeab ended 31st December, 1934. Expenditure. ... . Income. 1«4 £ Q9« io 's To Expenditure on programmes, including payments to artists, performing rights, £ s. d. By License fees .. .. .. • • • • • • • • • • > relay lines, music, salaries and expenses of programme staff, records, stationery, Net interest .. .. .. •• •••••• •• > Q « and sundry miscellaneous items .. .. .. .. •• 46,167 13 10 Proceeds from sale of assets previously written oil .. .. .. .. ' y Maintenance of plant, power, salaries of engineering and operating staffs .. 11,797 18 1 General expenses, including rent, rates, insurance, lighting, heating, legal, audit, printing, stationery, salaries and wages, telephones, travelling-expenses, repairs and maintenance, of buildings, and sundry miscellaneous items .. _.. 12,749 8 2 Administration salaries and expenses, including expenses of Advisory Council .. 6,017 0 1 Subsidies to " B" stations .. .. •• •• •• 2,518 13 4 Depreciation of assets .. .. •• •• •• •• 23,34802 Appropriation towards meeting capital expenditure .. .. .. .. 60,000 0 0 Balance 3,936 14 10 £166,535 8 6 £166,535 8 6 Balance-sheet as at 31st Decembee, 1934. Liabilities. Assets. Accumulated Fund— £ s. d. £ s. d. Land and buildings S ô Balance at Ist January, 1934 40,357 0 0 Value at Ist January 1934, less depreciation 22,751 2 0 Balance of Revenue Account at 31st December, 1933 .. .. 2,393 22 Additions during 1934 at cost .. i / Appropriation from Revenue Account towards meeting capital ' expenditure 60,000 0 0 Machinery and plant— r 102,750 22 Value at Ist January, 1934, less depreciation .. .. .. t> 11 Reserve for renewals and replacements.. .. .. •• •• 14,000 0 0 Additions during 1934, at cost, less depreciation .. .. 23,993 17 5 Liability to Post and Telegraph Department, fixed by Minister of ' Telegraphs as price of assets acquired .. .. •• 59,839 17 2 Office and studio equipment— „ Q „ T1 Less repayments 25,039 17 2 Value at Ist January, 1934, less depreciation 4,869 0 11 34,800 0 0 Additions during 1934 at cost, less depreciation .. .. 2,504 11 z Sundry creditors .. .. ... »>. •=• — 34,858 6 1 22 Revenue Account: Balance at 31st December, 1934 „ _ ... 3,936 14 10 Stocks on hand ,S , e Sundry debtors and prepayments .. .. .. •• » Post and Telegraph Department— License Fees Account .. ■■ •• •• •• 16,928 10 8 Investment Account .. •• •• ■■ 45,000 0 0 -— — 61,928 10 o Cash at bank and in hand— At bank •• 7>310 0 10 (n hanrl . . • • • • 170 0 0 lllhand 7,480 0 10 £190,345 3 1 £190,345 3 1 H. D. Vickery, Chairman, Geo. R. Hutchinson \ Memberg of the Board . Leslie Maceablane J E. C. Hands, General Manager. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby— J. H. Fowlee, Deputy Controller and Auditor-General.

71

B.—l HPT. IV

PRIME MINISTER'S DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 2,136 14 5 By Balance carried down .. .. .. 24,467 8 6 Grant to widow of officer .. .. .. 950 19 0 League of Nations : New Zealand expenses .. 20,126 4 2 Printing and stationery .. . . .. 231 4 0 Rent of offices .. .. .. . . 685 0 0 Sundries .. .. .. .. .. 100 17 8 Depreciation £ s. d. Furniture and fittings .. 185 7 0 Mechanical appliances .. 15 11 0 Library ...... 35 11 3 236 9 3 £24,467 8 6 £24,467 8 6 £ s - d. £ s. d. To Balance brought down .. .. .. 24,467 8 6 By Excess of expenditure over income .. .. 24,541 17 1 Interest on capital .. .. .. 74 8 7 £24,541 17 1 £24,541 17 1 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 1,770 110 Furniture and fittings .. .. .. 1,248 18 11 Creditors— £ s. d. Mechanical appliances .. .. .. 58 16 8 Government .. .. .. 2 11 9 Library .. .. .. .. .. 462 6 3 Sundry .. .. .. ..6 7 2 Debtors—Government .. .. .. 1 13 1 8 18 11 Excess of expenditure over income .. .. 24,541 17 1 Treasury Adjustment Account .. .. 24,534 11 3 £26,313 12 0 £26,313 12 0 Note. (1) The following charges are included for which the Department possesses no parliamentary appropriation: (a) Interest on capital; (6) rent assessed by Public Works Department. (2) no charge for the cost of exchange on payments made in London has been included in the accounts. C. A. Berendsen, Permanent Head. F. B. Dwyer, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.-—J. H. Fowler, Deputy Controller and Auditor-General. PRINTING AND STATIONERY DEPARTMENT. Trading Account for the Year ended 31st March, 1935. Dr. Gr. To Paper and materials— £ s. d. £ s. d. By Sales— £ s. d. £ s. d. Stock at beginning .. 24,961 7 0 Manufacturing ... .. 142,110 211 Add purchases .. .. 32,140 610 Less work in progress, —— 31st March, 1934 .. 6,384 5 7 57,101 13 10 Less stock on hand, 31st j35 725 ]7 4 March, 1935 .. .. 26,335 16 9 Add work in progress, — — 30,765 17 1 31st March, 1935 .. 7,470 1 5 Stationery—Stock at beginning .. 8,026 6 3 143,195 18 9 Add purchases .. .. 20,805 13 0 Stationery .. .. 28'387 5 8 ——— — Publications .. .. 7,435 15 1 28,831 19 3 Typewriters .. .. 3,840 0 0 Less stock on hand, 31st jg2 ggg jg 0 March, 1935 .. .. 7,124 11 7 Discounts received .. .. .. .. 150 11 2 — 21,707 7 8 Publications—■ Stock at beginning .. 11,131 3 11 Add purchases .. .. 3,201 6 3 14,332 10 2 Less stock on hand, 31st March, 1935 .. .. 11,713 8 2 — 2,619 2 0 Typewriters— Stock at beginning .. 115 4 6 Add purchases .. .. 3,383 12 6 3,498 17 0 Wages (productive) .. .. 55,262 9 5 Wages (establishment) .. 17,410 8 5 Wages (Stationery Office) .. 5,507 19 5 Freight (inward) .. .. 6,305 711 Lighting (proportion) .. 322 9 1 Power .. .. . . 691 6 0 Fuel .. .. .. 645 17 6 Water .. .. .. 203 8 0 — 86,349 5 9 Balance transferred to Profit and Loss Account 38,069 1 2 £183,009 10 8 £183,009 10 8

72

B.—l [PT. IV],

PRINTING AND STATIONERY DEPARTMENT —continued. Profit and Loss Account foe the Year ended 31st March, 1935. Dr. £ 8. d. Cr. £ s. d. To Office salaries .. .. .. .. 5,369 4 4 By Balance transferred from Trading Account .. 38,069 1 2 Repairs and alterations to buildings and plant.. 443 5 7 Storing and handling stationery, &c., for other Postages and telegrams .. .. .. 830 12 5 Government Departments .. .. 884 7 2 Freight and cartage (outward) .. .. 1,974 11 6 Commission on sales of publications .. .. 942 17 11 Insurance .. .. .. •. 125 7 9 Rent receivable .. .. . ■ •. 295 11 8 Exchange .. .. .. 25 15 8 Discounts allowed .. .. .. 123 3 8 Telephones (rental) .. .. . • 115 12 8 Medical services .. .. .. .. 15 12 2 Lighting, &c. (proportion) .. .. .. 35 16 7 Proportion of rent, &c., High Commissioner's Office .. .. .. .. 289 8 0 Office expenses .. .. .. ■. 340 910 Sundry trade expenses .. .. .. 540 13 2 Audit fee .. ■. ■ • • • 100 0 0 Wages—Cleaners, watchmen, &c. .. .. 1,076 0 2 Interest on capital .. .. ■■ 9,610 18 11 Depreciation — £ s. d. Buildings .. .. .. 1,010 11 5 Plant and machinery .. 5,298 210 Furniture, fittings, and office equipment .. .. 190 7 I Type and type metal .. 196 3 8 Accessories .. .. 413 6 6 7,108 11 6 Loss on machinery, &c. .. .. .. 11 10 1 Balance carried down .. .. .. 12,055 3 11 £40,191 17 11 £40,191 17 11 Note. —Interest at the rate of 4J per cent, has been charged on capital for which the Department has no parliamentary appropriation. Balance-sheet as at 31st March, 1935. Liabilities. Assets. £ s. d. Capital Account— £ s. d. £ s. d. Land .. .. .. .. .. 58,99900 Public Works Fund .. . . 112,623 6 0 Buildings . . .. .. -. 40,051 1 1 Consolidated Fund .. .. 113,516 12 7 Plant and machinery— £ s. d. 226,139 18 7 Composing plant .. .. 941 9 8 Creditors — Machine composing plant .. 13,324 511 Departmental .. .. 764 15 4 Addressograph plant .. .. 208 7 0 Sundry .. .. .. 1,427 4 3 Printing plant .. .. 16,884 211 2,191 19 7 Binding plant .. .. 9,369 7 1 Wages accrued .. .. . . .. 1,642 1 2 Litho plant .. .. .. 2,662 IS 9 Bad Debts Reserve .. .. .. 168 12 3 Photo plant .. .. .. 1,309 811 Writing-off Suspense Account .. .. .. 126 410 Stereotype plant .. .. 1,386 11 11 Balance, Profit and Loss Account .. .. 12,055 311 Engine-room plant .. .. 91111 4 Miscellaneous plant .. .. 7,976 19 7 54,975 3 1 Furniture, fittings, and office equipment .. 830 0 1 Type and type metal .. .. .. 10,953 510 Accessories — Composing Branch .. .. 2,747 14 10 Machine Composing Branch .. 85 0 1 Addressograph Branch .. 43 4 0 Printing Branch .. .. 83 9 10 Binding Branch .. .. 499 11 4 Litho Branch .. . ■ 108 8 6 Photo Branch .. .. 48 8 10 Stereotype Branch .. .. 110 7 Engine-room .. .. 41 16 4 Paper-store .. .. .. 52 13 8 3,721 8 0 Payments in advance .. .. .. 13 4 1 Debtors — Departmental .. •• 7,614 7 4 Sundry .. .. .. 1,440 18 9 9,055 6 1 Work in progress .. .. 7,470 1 5 Stock — On hand .. .. .. 44,779 6 4 In transit .. .. .. 1 710 On consignment .. .. 393 2 4 45,173 16 6 Stock Suspense Account .. .. •• 113 4 11 Assets to be written off .. .. .. 12 19 11 Treasury Adjustment Account .. .. 10,955 9 4 £242,324 0 4 £242,324 0 4 Note. —No charge for the cost of exchange on payments in London is included in the accounts. E. V. Paul, A.R.A.N.Z., Accountant. I hereby certify that the Receipts and Payments, Trading, and Profit and Loss Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental note enfaced thereon. —J, H. Fowler, Deputy Controller and Auditor-General. 10— B. 1 [Pt. IV].

73

B.—l [Pt. IV],

PUBLIC DEBT REDEMPTION FUND. Income and Expenditure Account for the Year ended 31st March, 1935. Dr. Qr To Public Debt Repayment Account: Payments £ s. d. By Interest on Public Debt Redemption Fund— £ s d from Consolidated Fund:— Public Trust.. .. 288 978 16 4 | per cent, on public debt outstanding at State Advances .. .. .. 123 989 1 11 31st March, 1934 .. .. .. 1,132,716 19 4 Discharged Soldiers Settlement Account.. 6 1 $ per cent, on public debt redeemed to 3lat. March, 1934 .. .. .. 51,044 7 4 Total income .. .. .. 653,954 4 4 ~ per cent, on public debt redeemed to Excess of expenditure over income .. 924 338 15 8 31st March, 1934 .. .. .. 357,310 11 1 3f per cent, on public debt cancelled during year .. .. .. 37,221 2 3 £1,578,293 0 0 £1,578,293 0 0 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets Public Debt Redemption Fund .. .. 17,225,644 10 6 Investments— ' £ s. d. Treasury Adjustment Account .. .. 1,928,047 11 8 Public Trust Office .. .. .. 7,966,688 11 2 State Advances Office .. .. .. 3,258,955 19 4 Discharged Soldiers Settlement Account .. 6,000,000 0 0 Interest accrued — Public Trust Office .. .. .. 2,682 9 6 State Advances Office .. .. .. 25,353 9 5 Discharged Soldiers Settlement Account .. 0 7 Interest due and unpaid— State Advances Office .. .. .. 42,035 17 2 Discharged Soldiers Settlement Account .. 875,884 18 7 Cash in State Advances Account .. .. 38,026 0 9 Excess of expenditure over income .. .. 924,338 15 8 £19,153,692 22 £19,153,692 22 B. C. Ashwin, M.Com., A.R.A.N.Z. Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

74

B.—l [Pt. IV]

PUBLIC SERVICE SUPERANNUATION FUND. Revenue Account for the Year ended 31st March, 1935. Dr £ s * ® r ' p A 4? rl To Amount of fund at beginning of year .. 2,899,564 56 «7 Retmng-allowances- u9 % 5 % % M XdOT%eotira\tMinMy) •• 238,622 510 To widows and children 39 ' 400 17 3 4gg 836 5 3 Transferred from other superannuation funds .. ■■ 221 13 3 Contributions returned— Interest on arrears of contributions .. 185 9 3 Under section 37 (left g 4 "WraSfSW 42 (death)' 1= . Service Superannua- £ s. d. Under section 34 (retiretion Act, 1927 .. 86,000 0 0 ment) .. •• 7U '' 40j065 2 x Under section 17, Fi- Contributions transferred to other super?9T(add ionS) ■ 5.000 0 0 animation funds (sectionl2o) ... •• 356 5 8 Under section 19, Fi- Intersection 38 Public Service Supera i /tvt„ q\ animation Act, .. .. •• IZ,± 40 981 12 6 Loss on realization of securities .. .. 6,516 15 0 Under section 114, Public ' Unclaimed moneys recovered •• •• - Service Superannua- Ejgsenses ■ • •• • • tion Act, 1927 (widows Salaries .. .. 2,383 .7 11 and children) .. 17,229 9 6 Audit fees 60 0 0 • 149,211 2 0 Contingencies .. •• - u Interest on investments, Legal charges .. •• 188 18 6 £129,761 Bs. 9d. ; less Post and Telegraph Deamounts written off by a wf L m iV Court orders, Mortgagors Public Tius e - , and Tenants Relief Act, nT S j° n if " " '79 16 0 1933, £6,848 4s. 9d. .. 122,913 4 0 Medical fees .. 79 lb 0 Reimbursement by Trea- g '' 23 2 0 sury on account reduction Travellmg-expen .. 144 n 0 of interest* .. .. 30,420 0 0 q and stationery 140 13 10 Subsidy, Cook Islands and Samoa .. 555 4 0 Postages, telegrams, and Premium on conversion local-body deben- j services .. • • L™ . .. 18,681 3 1 Typewriters and other Fines, fees, and sundries .. .. 356 14; machines (upkeep) .. Jl4 4 Stipendiary Magistrates' Account: Admims- MesSer service' " 40 7 1 tration expenses recovered .. .. PuSe and fittings .. 21 16 9 ? 4 , g 16 4 Balance as at 31st March, 1935 .. .. 2,917,'451 12 2 £3,460,779 0 1 £3,460,779 1 * Payment by Treasury of amount of statutory reduction of interest on mortgage securities (National Expenditure lIIX debentures (section 5, Local Authorities Interest Reduction and Loans Conversion Act, 1932-38), £0,975 . total, £30,420. Balance-sheet as at 31st March, 1935. T . J.-]-*-- I Assets. £ s. d. q nafirm Fund Ac I Amount invested by the Board .. •• 2,699,384 011 Superannuation Fund Ac- d £ d _ Contributions of me ' mberS - £ s . d. Balance due from Revenue In course of transmission ..12,579 15 1 Account .. ..2,917,451 12 2 Due and outstanding .. 1,377 13 3 g Add value of office furniture, . fittings, and machinery .. 333 14 8 ..47,173 11 9 9 917 785 6 10 Accrued but not due .. 30,472 1 9 Z,911, ISO oiu 77,645 13 6 Less amount due to con- . tributors under the pro- Cook Islands and Samoa .. 23 17 9 SSSLf Txnenditure Section 114, Public Service Adjustment Act, 1932 71,624 19 4 ? g Superannuation Act, 1927 173 18 5 mlg g Retiring and other allowances 2 ' 846 ' 160 ? ( (^^ fu^ nßfarable 3119 8 To^Xr e ° fPayment r 2,941 10 3 Rates, fees, premiums paid on account niortTo widows and children .. 360 19 5 gagors (recoverable) .. •• •• K lowidowsanacnnure g g offioe furniture) an d machinery . . 333 14 8 Refunds of contributions due in , Sundry debtors (Rarotongan Administration) 275 17 4 course of payment f I i 373 11 9 Under section 37 (left ser- , Cash in hand, Public Trustee "i+62'251 4 5 vice) .. • • ■ • 384 1 5 1.1 g24 ]@ 2 Under section 42 (death) .. 520 3 \ 904 „ 0 C ash in bank 130',377 17 5 Expenses due in course of pay- Assets in Suspense ment— Heating and lighting 1 0 10 Printing and stationery 15 12 0 Post and Telegraph Depart- ; ment charges .. • • 233 6 0 Postages and services .. 30 5 0 310 Contributions paid in advance or in. error 198 5 0 Public Trustee's charges on accrued interest .. 2,511 4 0 Balance Government subsidy* 64,500 0 0 Amount due to contributors under the provisions of section 9 (2), National Expenditure Adjustment Act, 1932 7i,624 19 4 Writing off, Suspense Account .. •• qm i « q Post Office Account •• ' «q ,» q Unclaimed Account (contributions, &c.) ib y £2,997,584 9 3 £2,997,584 9 3 ♦The Government subsidy is paid in January of each year : owing to the change in the date of the financial year, to show the true position of the fund it is necessary to state this item as a liability. t On deposit at call. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby .-J. H. Fowler, Deputy Controller and Auditor-General.

75

B.—l [PT. IV].

PUBLIC SERVICE SUPERANNUATION FUND—continued. Stipendiary Magistrates' Account. Revenue Account for the Year ended 31st March, 1935. Dr. £ s d r To Amount of fund, Ist April, 1934 99 ±1a o o t> .. ■ r ' „ £ s. d. Members' contributions, section 63 Public By retiring-allowances 4,239 2 6 Service Superannuation Act, 1927 1 429 8 6 on reahzatron of .. .. 52 8 7 Interest on investments ~ 1140 q Administration expenses 48 1110 Premium on conversion local-body debentures:.' ' 150 510 " ' " " 20,797 16 11 £25 ' 137 19 " £25,137 19 10 Balance-sheet, as at 31st March, 193-5. 1 " A .. .. 4..',', cou nt •• .. .. 20,797 16 11 Less amount due to contributors under the provisions of section 10 (3), National Expenditure Adjustment Act, 1932 .. .. 606 5 2 ~ . 20,191 11 9 xvetiring-ailowances due in course of payment .. 52 1 8 Amount due to contributors under the provisions of section 10 (3), National Expenditure Adjustment Act, 1932 .. .. .. .. _ 606 5 2 £20,849 18 7 £20.849 18 7 == Subsidiary Account. Cost-of-livmg Bonus paid to Annuitants of the Public Service Superannuation Fund on behalf of the Treasury. t °'fflaa" 1,1 aiaM34 -»,' ** p-?<•**'»» ',ii ' Amount received from Treasury .. 1 179 8 7 £I,lB ° 12 7 £1,180 12 7 R. S. Wogan, Secretary, M. P. Finnigan, Accountant, Public Service Superannuation Board. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position thlrebv J. H. Fowler, Deputy Controller and Auditor-General. 1 S msclosec[ thereby.— PUBLIC WORKS DEPARTMENT. ELLESMERE AND FORSYTH RECLAMATION AND AKAROA TRUST ACCOUNT. (PUBLIC WORKS FUND.) (Section 383, Land Act, 1924.) Income and Expenditure Account por the Year ended 31st March, 1935. Expenditure *""T£Si,*£jg!r * ™ i —• £ ■- 1 .. .. lUii'i Interest on loans raised by Board .. .. 439 5 0 Rebates and remissions of rent .. .. 162 5 9 Cost of administration .. .. .. 89 19 6 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. 1,188 6 4 £1'879I ' 879 16 "^ Balance-sheet as at 31st March, 1935. 6 'undeletion 6, Elles- * 4 Net Sf 8 from Bale or EUesmere Lake £ g . d . mere Land Drainage Act, 1905 439 5 0 T±127,462 6 2 Rents paid or charged in advance 464 19 8 cohi™ 111 940 7 0 A i AJ T. , 904 4 8 J "• *• A 1 7 9 Accumulated Fund— t> i • n _ , —— t»»*" .. «,«7 1. 8 Z&sszssr""r~■ »«•!« Add excess of income over ex- • • • ■ 538 6 3 penditure, 1934-35 .. 1,188 6 4 15,156 0 0 T- A. Barrow, Accountant, Public Works Department I hereby certify that the Income and Expenditure Account and Balance-sheet have been dulv examined and cisrs '• - d ~ L ' -«

76

B.—l [PT. IV

PUBLIC WORKS DEPARTMENT —continued. WAIHOU AND OHINEMURI RIVERS IMPROVEMENT SCHEME. Income and Expenditure Account fob the Year ended 31st March, 1935. Expenditure. Income. To Interest for 1934-35 — £ s. d. £ s. d. By Contribution from — £ s. d. £ s. d. First loan (£150,000) .. .. 5,250 0 0 Gold-mining companies .. 1,159 10 6 Second and subsequent loans .. 19,964 11 10 Gold duty .. .. 3,451 1 7 Public Works Eund capital .. .. 1,237 10 6 Consolidated Eund .. .. 1,150 7 2 Maintenance of works .. 3,090 4 10 5,760 19 3 Less subsidy from Unem- Rents and cottages and royalties from sale of ployment Board .. 1,382 15 0 sand .. .. .. .. .. 359 9 2 1,707 9 10 Interest credited for on investments in Public Debt Redemption Fund .. .. 210 12 5 Balance, being deficiency for the year carried down .. .. .. .. 21,828 11 4 £28,159 12 2 £28,159 12 2 £ s. d. i £ s. d. To Accumulated deficiency to 31st March, 1934 220,215 10 7 By Balance carried forward .. .. .. 242,044 1 11 Deficiency for 1934-35 .. .. .. 21,828 11 4 £242,044 1 11 £242,044 1 11 Balance-sheet as at 31st March, 1935. Liabilities. Assets. Loan liability— £ s. d. £ s. d. £ s. d. £ s. d. Debentures at— Land purchase and compensation 3,710 12 5 3i per cent. .. .. 584,925 0 0 Fencing .. .. .. 4,016 6 4 3§ per cent. .. .. 20,075 0 0 Clearing and destroying willows 52,185 6 8 4 per cent. .. .. 95,510 0 0 Moving of houses .. .. 4,016 4 1 700,510 0 0 Flood-gates .. .. .. 45,645 8 9 Liability to Public Works Fund .. 28,474 19 9 Interior drainage .. .. 56,203 10 II Liability to Consolidated Fund for Canals .. .. .. 11,789 13 8 unrecouped expenditure — Bridges .. .. .. 8,458 11 9 First loan: Interest .. 48,552 12 0 Stop-bank formation .. .. 492,630 16 3 Second and subsequent loans— Surveys, engineering, investigaInterest .. .. 224,583 3 3 tions, &c. .. .. .. 21,667 1 8 Sinking fund .. .. 1,612 10 8 Gauges .. .. .. 2,224 18 8 Public Works Fund capital 4,374 7 2 Slips, groynes, and dredging at Maintenance of completed wharves .. .. .. 3,076 14 9 works.. .. .. 11,103 7 5 Wharves and goods-sheds .. 9,927 5 7 —— Stores and tools on hand .. 1,579 16 7 290,526 0 6 Buildings and accommodation .. 233 17 6 Less contributions received Plant, £51,139 7s. ; less depreciatowards interest, main- tion charged to works, £50,677 tenance, &c. .. .. 18,027 5 8 7s. .. .. .. 462 0 0 , 272,198 14 10 Pontoons .. .. .. 818 10 0 Sundry creditors — • Maintenance during construction 3,820 8 4 Works, &c. .. .. 222 5 9 Contribution towards Criterion Accrued interest .. . . 5,157 15 3 and Ohinemuri Bridges and — —— 5,380 1 0 Paeroa Station-yard .. 11,480 0 0 Sinking-fund reserves—■ — 733,947 311 First loan .. .. 3,304 0 4 Advance to Waihi Borough: Second and subsequent loans 1,612 10 8 Finance Act, 1923, section 10 .. 1,997 7 9 4,916 11 0 Debtors for contribution towards interest, sinking fund, and maintenance— Gold-mining companies .. 2,095 15 0 Gold duty .. .. 22,920 16 10 Consolidated Fund .. .. 1,150 7 2 26,166 19 0 Sundry debtors : Miscellaneous .. 236 1 2 Investments, Public Debt Redemption Fund — First loan .. .. 3,304 0 4 Second and subsequent loans 1,612 10 8 4,916 11 0 Interest credited .. .. 2,172 110 7,088 12 10 Income and Expenditure Account: Accumulated deficiency on interest, sinking fund, and maintenance charges to 31st March, 1935 . . 242,044 111 £1,011,480 6 7 £1,011,480 6 7 T. A. Barrow, Accountant, Public Works Department. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : The deficiency in contributions towards expenditure has not been met by levying a rate as required by section 17, subsection 4 (d), Waihou and Ohinemuri Rivers Improvement Act, 1910. —J. H. Fowler, Deputy Controller and Auditor-General.

77

B.—l [Pt. IV]

WORKING RAILWAYS ACCOUNT. Income and Expenditure in respect of Railway Operation for the Year ended 31st March, 1935.

78

i Per Cent, of -g | p er c en t. Q f EXPENDITURE. | 1934-35. 1933-34. Operating Bevenne. BBVBNUE. jf= • 1934-35. ' 1933-34. Operating Revenue. S 1934-35. 1933-34. g 1934-35. 1933-34. £ s. d. £ s. d. £ s d £ s d Maintenance of way and works . . A 1,047,824 16 5 993,207 4 10 17-74 17-65 Passengers, ordinary .. .. 17 1,193,372 5 5 1,164,731 4 2 20-20 20-69 Maintenance of signals and electrical ap- B 137,477 2 6 110,298 0 11 2-33 1-96 Passengers, season tickets .. 17 175,316 1 7 171,603 6 1 2-97 3-05 pliances Parcels, luggage, and mails .. 17 292,096 7 10 281,888 19 0 4-94 5-00 Maintenance of rolling-stock .. .. C 1,236,323 12 9 1,220,101 12 6 20-92 21-68 Goods 17 4,138,433 12 2 3 911 244 12 11 70-05 69 49 Examination, lubrication, and lighting of D 54,098 12 2 52,376 18 5 0-92 0-93 Labour, demurrage, &c. .. .. 17 108 845 8 4 99 367 5 11 1-84 7-77 vehicles ' Locomotive transportation .. .. E 1,073,061 12 2 1,012,449 16 1 18-16 17-99 Traffic transportation .. .. .. F 1,360,928 2 8 1,253,833 3 7 23-03 22-27 General charges .. .. .. G 57,014 8 2 58,943 12 11 0-97 1-05 £ s. d. Superannuation subsidy .. 183,774 16 2 Less amount allocated to subsidiary services, &o. .. .. 11,915 2 6 G 171,859 13 8 175,935 4 2 2-91 3-13 Total operating expenses .. .. 5,138,588 0 6 4,877,145 13 5 86-98 86-66 Net operating revenue .. .. .. 769,475 14 10 751,689 14 8 13-02 13-34 5,908,063 15 4 5,628,835 8 1 100-00 100-00 .. 5,908,063 15 4 5,628,835 8 1 100-00 100-00

1 [PT. IV].

WORKING RAILWAYS ACCOUNT—continued. Income and Expenditure in respect of Lake Wakatipu Steamers.

Income and Expenditure in respect of Refreshment Service.

Income and Expenditure in respect of Book-stall Service.

79

Per Cent, of ī' cr Cent, of Revenue. Revenue. EXPENDITURE. 1934-35. 1033-34. j REVENUE. 1934-35. 1933-34. 1934-35.1 1933-34. 1934-35. 1933-34. _ I £ £ £ £ Salaries and wages, shore staff .. 880 869 8-26 9-04 Ordinary passengers .. 4,179 3,900 39-25 4.0-56 Salaries and wages, steamer staff 3,847 3,469 36-14 36-07 Season tickets .. .. 45 46 0-42 0-48 Coal and stores .. .. 1,738 1,478 16-32 15-36 Parcels, luggage, and mails .. 855 860 8-03 8 -94 Repairs, steamers .. .. 1,943 2,146 18-24 22-32 Goods 5,534 4,790 51-98 49-81 Repairs, wharves, &c... .. 375 137 3-52 1-43 Miscellaneous .. .. 34 -i- 0 21 Insurance, depreciation, &c. .. 762 767 7 17 5-01 9,545 8,866 89-65 92-20 Operating profit .. .. 1,102 751 10-35 7-80 10,647 9,617 100-00 100-00 10,647 9,617 100-00 100-00 Payments to railway revenue — Interest on capital .. .. 724 744 6-80 7-74 Operating profit .. .. 1,102 751 10-35 7-80 Net profit .. .. •• 378 7 3-53 0-06 1,102 751 10-35 T80 1,102 751 10-35 7-80

Per Cent, of Revenue. EXPENDITURE. 1934-35. 1933-34. REVENUE. 1934-35. 1933-34. 1934-35. 1933-34. £ £ £ £ Salaries and wages .. 24,718 22,793 30-97 30-94 Receipts from refreshment-rooms.. .. 79,817 73,657 Provisions consumed .. ■■ 32,905 29,192 41 '22 39-63 Light, fuel, and water .. 1,737 1,661 2-18 2-26 Renewals and depreciation . . 2,152 2,961 2-69 4-0~ Insurance and miscellaneous .. 2,950 3,026 3'70 4-11 64,462 59,633 80-76 80-96 Operating profit .. •• 15,355 14,024 19-24 19-04 79,817 73,657 100-00 100-00 79,817 73,657 Payments to railway revenue — , _ .. . ,,,,, Interest on capital .. .. 1,102 1,124 1-38 1-53 Operating profit .. .. 15,355 14,024 Rent .. ■■ •• 9,230 9,230 11-56 12-52 Freights and fares .. ■■ 2,891 2,884 3-63 3-92 Net profit .. •• 2,132 786 2-67 1-07 15,355 14,024 19-24 19-04 15,355 14,024

Per Cent, of Revenue. EXPENDITURE. 1934-35. 1933-34. REVENUE, 1934-35. 1933-34 1934-35. 1933-34. £ £ , £ £ w .. .. 3,987 1,894 10-82 9-11 Receipts .. .. •• •• 36,846 20,786 Stores !! •• 26,137 14,583 70-93 70-16 Miscellaneous •• •• 2-44 30,723 16,984 83-38 81-71 Operating profit . •• 6,123 3,802 16-62 18-29 36,846 20,786 100-00 100-00 36,846 20,786 Payments to railwajf revenue— i a too q ano p> ents . 3,685 2,079 10-00 10-00 Operating profit .. .. 6,123 3,802 Rail freights .. ■■ 157 39 0-43 0-19 Netprofit 2,281 1,684 6-19 8-10 6,123 3,802 16-62 ' 18-29 6,123 3,802

B.—l [PT. IV

WORKING RAILWAYS ACCOUNT—continued. Income and Expenditure in respect of Advertising Service.

Income and Expenditure in respect of Departmental Dwellings.

Income and Expenditure in respect of Buildings occupied by Refreshment Service, Book-stall Proprietors, etc.

80

Per Cent, of „ , Revenue. EXPENDITURE. 1934-35. 1933-34. REVENUE. 1934-35. 1933-34 1934-35. 1933-34. £ £ £ £ Salaries, wages, and allowances 6,069 6,068 20-20 18-55 Advertising-signs, publications, &c. .. 30,030 32 707 Stores and materials .. .. 1,135 1,229 3-78 3-76 Office and general expenses .. 2,690 2,351 8-96 7-19 Insurance and depreciation .. 7,863 9,256 26-19 28-30 Reserve —Commission .. .. 129 ..0-39 17,757 19,033 59-13 58-19 Operating profit .. .. 12,273 13,674 40-87 41-81 30,030 32,707 100-00 100-00 30,030 32,7~oV Payments to railway revenue — Interest on capital .. .. 1,017 1,261 3-39 3-86 Operating profit .. .. .. 12 273 13 674 Rent of premises and sites .. 8,074 8,690 26-89 26-57 Commission .. .. 737 786 2-45 2-40 Freights .. .. .. 357 389 1-19 1-19 Net profit .. .. .. 2,088 2,548 6-95 7-79 12,273 13,674 40-87 41-81 12,273 13,674

Per Cent, oi Revenue. EXPENDITURE. 1934-35. 1933-34. REVENUE, 1934-35. 1933-34 1934-35. 1933-34. ■ I . I £ £ £ £ Wages and charges .. .. 38,595 34,194 36-64 24-92 Rentals .. 105 338 137 ?38 Materials .. .. .. 14,388 14,648 13-66 10-67 Insurance .. .. .. 3,549 3,648 3 • 37 2-66 Depreciation .. .. 31,737 30,059 30-13 21-90 88,269 82,549 83-80 60-15 Operating profit .. .. 17,069 54,689 16-20 39-8-5 105,338137,238 100-00 100-00 105,338 137 238 Payments to railway revenue — Operating profit .. .. .. 17 069 54 689 Interest .. .. .. 67,033 68,232 63-63 49-72 Net loss .. .. .. .. 49,964 13',543 67,033 68,232 63-63 49-72 67,033 j 68,232

Per Cent, of Revenue. EXPENDITURE. 1934—35. 1933-34. REVENUE. 1934-35. 1933—34 1934-35. 1933-84. £ £ £ £ Wages and charges .. •• 1,980 1,004 11-41 6-38 Rentals .. .. .. .. 17 346 740 Materials .. •• 609 299 3-51 1-90 Insurance and depreciation .. 3,211 3,375 18-52 21-43 5,800 4,678 33-44 29-71 Operating profit .. .. 11,546 11,071 66-56 70-29 17,346 15,749 100-00 100-00 17,346 15,749 Payments to railway revenue — Interest .. •» •• 5,681 5,988 32-75 38-02 Operating profit .. .. .. H 546 11 071 Net profit ■■ •• 5.865 5,083 33-81 32-27 11,546 11,071 66-56 70-29 11,546 11,071

11— B. 1 [PT. IV],

B.—l [Pt. IV],

WORKING RAILWAYS ACCOUNT —continued. Income and Expenditure in respect of Road Motor Services.

Railway Employees' Sick Benefit Society.

81

Per Cent, of Per Cent, of Revenue. Revenue. EXPENDITURE. 1934-85. 1933-34. REVENUE. 1934-35. 1933-34. — 1934-35. 1933-34. : 1934-35. 1933-34, £ £ £ £ Superintendence — Salaries and 7,439 6,104 8*24 7- 71 Passengers.. .. .. 87,633 77,920 97-07 98'41 office expenses Parcels, mails, and newspapers 2,582 1,213 2-86 1-53 Maintenance charges .. .. 16,241 14,264 17*99 18'01 Miscellaneous .. .. 63 51 0*07 0-06 Running-expenses .. .. 4-2,036 36,874 46-56 46-57 License fees .. .. .. 3,096 2,902 3-43 3 • 66 Insurance and depreciation .. 14,428 15,045 15*98 19-01 83,240 75,189 92*20 94-96 Operating profit .. .. 7,038 3,995 7 • 80 5-04 90,278 79,184 100*00 100-00 90,278 79,184 100*00 100-00 Payments to railway revenue — Interest on capital .. .. 1,365 1,627 1*51 2-05 Operating profit .. .. 7,038 3,995 7-80 5'04 Net profit .. .. .. 5,673 2,368 6*29 2-99 7,038 3,995 7*80 5-04 7,038 3,995 7*80 5 04

Income and Expenditure. Expenditure. 1934-35. 1933-34. Income. 1934-35. 1933-34. £ £ £ £ To Sick pay paid to members .. .. 23,771 19,615 By Contributions .. .. .. .. 17,120 16,063 Balance carried down, being excess of income 2,450 5,306 Entrance fees .. .. .. .. 160 SI over expenditure Interest on investments .. .. 941 777 Subsidy as per section 5, subsection (1), of 8,000 8,000 Government Railways Amendment Act, 1928, charged to Worldng Railways Account 26,221 24,921 26,221 24,921 To Balance accumulated funds as at 31st March 28,970 26,520 By Accumulated funds brought forward on 26,520 21,214 1st April Balance brought down .. .. .. 2,450 5,306 28,970 26,520 28,970 26,520 Balance-sheet. Liabilities. £ £ Assets. £ £ Accumulated funds .. .. .. 28,970 26,520 Investments .. .. .. .. 28,046 26,105 Sick pay due not paid .. .. .. 11 9 Cash in Working Railways Account .. .. 933 421 Contributions outstanding at 31st March, .. 2 3 28,981 26,529 28,981 26,529

B. —1 [PT. IV],

WORKING RAILWAYS ACCOUNT—continued. RENEWALS, DEPRECIATION, AND EQUALIZATION RESERVE ACCOUNTS. General Reserve Account. | £ S. d. By Balance £1,144,552 17 8 Insurance Reserve Account. Expenditure. £ s. d. Income. £ s. d. To Losses .. .. .. .. .. 2,784 12 11 By Balance from previous year .. .. 73,996 22 Upkeep railway fire brigades and fire appli- Premiums debited to working-expenses .. 14,386 14 3 ances .. .... .. .. 2,710 5 5 Balance .. .. .. .. .. 82,887 18 1 £88,382 16 5 £88,382 16 5 By Balance .. .. .. .. .. £82,887 18 1 Workers' Compensation Reserve Account. Expenditure. £ s. d. Income. £ s. d. To Accident payments .. .. .. 28,197 16 2 By Balance from previous year .. .. 26,997 17 8 Balance .. .. .. .. .. 36,868 13 4 Premiums debited to working-expenses .. 38,068 11 10 £65,066 9 6 £65,066 9 6 By Balance.. .. .. .. .. £36,868 13 4 Slips, Floods, and Accidents Equalization Reserve Account. Expenditure. £ s. d. Income. £ s. d. To Repairs to bridges, slips, and washouts .. 13,165 10 1 By Balance from previous year .. .. 89,573 0 7 Balance .. .. .. .. 96,171 10 6 Contributions debited to working-expenses .. 19,256 0 0 Interest .. .. .. .. .. 508 0 0 £109,337 0 7 £109,337 0 7 By Balance .. .. .. .. £96,171 10 6 Betterments Reserve Account. Expenditure. £ s. d. Income. £ s. d. To Refreshment Branch .. .. .. 264 18 3 By Balance from previous year .. .. .. 3,983 13 11 Balance .. .. .. .. .. 3,718 15 8 £3,983 13 11 £3,983 13 11 By Balance .. .. .. .. ..£3,718 15 8 Renewals Reserve Account. Expenditure. £ s. d. Income. £ s. d To Relaying of track .. .. .. 147,551 16 2 By Balance from previous year .. .. 660,544 18 6 Signal and electrical equipment .. .. 1,010 19 4 Contributions debited to working-expenses .. 204,730 0 0 Transfer to Depreciation Account .. .. 106,242 11 1 Interest .. .. .. .. 2,59.1 0 0 Balance .. .. .. .. 729,004 10 2 Pole lines transferred to capital .. .. 115,943 18 3 £983,809 16 9 £983,809 16 9 By Balance.. .. .. .. ..£729,004 10 2 Depreciation Reserve Account. Expenditure. £ s. d. Income. £ s. d. To Way and works .. .. .. .. 21,465 0 6 By Balance from previous year .. .. 250,366 14 6 Bridges .. .. .. .. 89,933 19 1 Signals renewals transfers .. .. .. 106,242 11 1 Operating buildings .. .. .. 3,380 311 Contributions — Signalling and interlocking .. .. 51,086 16 11 Way and works .. .. .. 31,746 18 6 Rolling-stock; .. .. .. .. 239,226 8 1 Bridges .. .. .. .. 63,492 18 6 Locomotive running and car and wagon depots Operating buildings .. .. .. 39,607 2 6 plant.. .. .. .. .. 8,379 14 7 Signals, interlocking, and electric traction.. 58,285 8 11 Dwellings .. .. .. .. 4,731 18 I Rolling-stock .. .. .. .. 311,273 10 10 Head office buildings and plant .. . . 3,769 10 0 Locomotive running and car and wagon Refreshment, advertising, and road motor depots plant. . .. . . .. 2,392 0 0 buildings .. .. . . .. 44 4 11 Dwellings .. .. . . .. 32,880 8 9 Stores buildings and plant .. .. 429 9 8 Head office buildings and plant .. .. 1,879 0 0 Workshops buildings and plant .. t . 11,727 17 6 Refreshment, advertising, bookstalls, and Road motor services .. .. .. 13,299 8 3 road motor buildings .. .. .. 3,299 6 9 Portable plant .. .. .. .. 454 17 7 Stores, buildings, and plant .. .. 2,950 0 0 Balance .. .. .. .. 509,353 8 0 Workshops buildings and plant .. .. 38,389 210 Lake Wakatipu service .. .. 483 0 0 Road motor services .. .. .. 11,245 35 Wharves .. .. .. .. 1,021 10 6 Portable plant .. .. .. 1,728 0 0 £957,282 17 1 £957,282 17 1 By Balance.. .. .. .. .. £509,353 8 0

82

B. —1 [PT. IV

Net Revenue Account.

WORKING RAILWAYS ACCOUNT— continued. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1935.

83

Year 1934-35. Year 1933-34. Statement - ■ : Gross Revenue. Expenditure. Net Revenue. Gross Revenue. Expenditure. Net Revenue. £ s d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railwav operation 3 5,908,063 15 4 5,138,588 0 6 769,475 14 10 5,628,835 8 1 4,877,145 13 5 751,689 14 8 steamers !!! .. 4 10Ī646 10 6 10,268 19 9 377 10 9 ' 9 61617 * 9f0 7 2 6 10 2 D , . i ■ p; 79 817 S 8 77 684 19 4 2,132 4 4 73,657 6 1 72,811 12 11 18o Id 2 BooktSlscrvTc" 5a ll',m 0 2 34! 564 11 0 2',281 9 2 20,786 0 0 19,102 3 5 1,683 16 7 Advertising sCTviee •• 6 30,029 12 7 27,941 18 9 2,087 13 10 32,706 16 1 30,159 2 7 2,547 13 6 T)wlW? v 105,338 6 3 155,302 4 4 Dr. 49,963 18 1 137,238 9 0 150,781 0 1 Dr. 13,542 11 1 Buildinfs occupied by refreshment service, book- 8 17,346 1 10 11,480 14 7 5,865 7 3 15,749 1 2 10,666 7 4 5,082 13 10 Rotfm P oto P "s e er"cef C ' 9 90,278 4 7 1 84,605 11 3 5,672 13 4 79,183 18 2 76,816 6 2 2,367 12 0 Road motor services 349 562 3 4 349,562 3 4 334,937 13 6 .. 334,937 13 6 Miscellaneous revenue.. .. • • • • • • ° * * ' 6,627,927 18 3 5,540,436 19 6 6,332,711 9 5 5,247,152 13 1 Total net revenue to Net Revenue Account .. .. •• I 1,087,490 18 9 .. 1,085,558 16 4

j) ft 1934-35. 1933-34. Cr. 1934-35. j 1933 34. £ s. d. £ s. d. j s. d. £ s. d. Tn Tti+pW .. .. .. 2,330,885 11 7 2,282,365 4 2 By Net earnings before charging interest on capital.. j 1,087,490 18 9 1 085,558 16 4 *" Reduction on account of interest charges, vide 1,243,394 12 10 1,196,806 7 10 Section 14, Finance Act, 1930 2,330,885 11 7 2,282,365 4 2 j 2,330,885 11 7 2,282,365 4 2

B.—l [Pt. IV

WORKING RAILWAYS ACCOUNT— continued. Capital Account as at 31st March, 1935.

84

Total March ' 81st Y Ma r roh d lOT5 Total to 31st March, j Total to 31st March, Year ended Total to 31st March, 1034. 31st March, 1935. 1935. | 1934 , 31st Marchj 1935 _ 19s5 Expenditure £ s. d. £ s. d. £ s. d. Receipts. £ s . d. £ s. d. £ s d Permanent-way Works, buildings, ma- 49,584,753 8 8 108,719 11 7 49,693,473 0 3 Capital included in public debt .. 55,268,449 7 9 167 266 14 11 55 435 716 2 8 chinery, plant, and dwellings Other capital .. .. .. 9,033 902 6 6 ' 9'033 '902 6 6 Rolling-stock, lake steamers, and road 10,768,084 19 3 129,482 17 2 10,897,567 16 5 II ' ' Lines closed for traffic .. .. 309,515 5 10 Or. 19,054 5 1 290,461 0 9 Deduct accrued depreciation and 10,400,000 0 0 .. 10'400'000 0 0 " other losses of capital written off 60,662,353 13 9 219,148 3 8 60,881,501 17 5 in accordance with subsection (2), Deduct accrued depreciation on exist- 7,049,004 11 3 271,715 0 4 7,320,719 11 7 section 23. of the Government ing assets • Railways Amendment Act, 1931 53,613,349 2 6 Cr.52,566 16 8 53,560,782 5 10 ! A-dd unexpended balances 53 351 14 3 167 266 i j . arq <i 1 o 0 Depreciation Fund .. .. 250,366 14 6 258,986 13 6 509,353 8 0 j Outstanding liabilities .. .. 6 994 15 9 12'576 14 0 ' 19'ō71 9 9 Assets Realization .. .. 45,630 13 0 Cr.26,576 7 11 19,054 5 1! »»£>/1 £53,909,346 10 0 £179,843 8 11 £54,089,189 18 11 . £53,909,346 10 0 £179,843 8 11 £54,089,189 18 11 Note.— Unopened lines are under the control of the Public Works Department, and all expenditure out of the Public Works Fund in connection therewith is included in the accounts of that Department.

B.—l [PT. IV].

WORKING RAILWAYS ACCOUNT—continued. General Balance-sheet as at 31st March, 1935. Liabilities Assets. Sundry creditors- ' £ s. d. £ s. d. Sawmills, bush areas, and stocks £ s. d. £ a. d General creditors (including timber •••••• '' ' unpaid wages) and credit Stores and material on hand balances .. 470,271 1 4 Stores Branch .. •• 744,787 17 1 Government Departments.. 28,334 18 8 Subsidiary services .. .. 10,82119 2 498,606 0 0 755,609 16 3 Collections for refund to — Sundry assets— Harbour Boards, shipping Advertising Branch .. 22,79.13 6 companies, and other Refreshment Branch .. 31,133 17 1 carriers .. .. 14,785 17 1 Housing improvements .. 13,302 1 7 Government Departments 90 4 0 ' 14,876 I 1 Sundry debtorsItems to be written off on Advances to capital .. 17,126 0 5 receipt of parliamentary Government Departments .. 6,077 15 0 authority •• •• 5,220 5 1 Advances: Housing scheme General reserve .. ..1,144,552 17 8 under Government RailDepreciation reserve .. 509,353 8 0 ways Amendment Act, Assets realization .. •• 19,054 5 1 ... „ ~ Renewals reserve .. .. 729,004 10 2 Section 15 (2), State AdInsurance reserves — vanoes. .. •• , J Fjle , . 82,887 18 1 Section 15 (5), Railway emWorkers' Compensation .. 36,868 13 4 ployees .. .. 1,777 18 8 Slips, Moods, and Accidents 96,171 10 6 Work m progress sundry r 2 617,893 210 debtors, and debit balances 75,Z6l 17 0 -Q ~ , ' — 109,408 11 1 Betterment reserve — „ * i. , , • , , i n ai a « Refreshment Branch 3,718 15 8 Accrued interest on investments .. 10,546 19 6 Sick Benefit Fund 28,979 0 8 Outstanding at stationsCash m hand .. •• in Freights, &c., owing by Government Departments .. 34,290 2 8 Freights, &c., owing by sundrv debtors 124,537 10 6 187,162 1 1 Working Railways Investments .. 587,940 0 0 Sick Benefit Fund Investments •. 28,045 11 4 Cash in Working Railways Account .. 1,224,394 12 3 £3,169,293 5 4 £3,169,293 5 4 11. Valentine, F.R.A.N.Z., Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly set out the position as disclosed thereby, subiect to the above departmental note, and to the exception that the cost of exchange in respect of interest and other payments made in London during the year for the purposes of this account has not been charged to the account but lias been borne by the Consolidated Fund.—J. H. Fowler, Deputy Controller and Auditor-General. GOVERNMENT RAILWAYS SUPERANNUATION FUND. Statement of Accounts in accordance with Section 123, Government Railways Act, 1926. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Payments. Dr £ s. d. Or. £ s- d. To Balance'in hands of Public Trustee on 31st By Retiring-allowances paid to members .. 422,380 3 0 March 1934 •• •• •• 5,717 10 1 Allowances to widows and children .. 29,059 3 0 Contributions bv staff •• 136,535 17 5 Contributions refunded to members who have Contributions by contingent contributors .. 2,'469 1 6 left the Service .. .. 20,994 4 2 _ ~ ~ .. 126 10 0 Contributions refunded to contingent members Working Railway's' Account-— " who have left the Service .. .. 1,297 3 4 Subsidy •• 170,000 0 0 Rebates of contributions .. .. .. 153 10 I Increased allowances to widows and children 12,979 2 0 Refunds to legal representatives of deceased Cost-of-living bonus to annuitants .. 773 10 10 beneficiaries under section 120 (c) of GoSubsidies from vernment Railways Act, 1926 .. .. 480 II 10 New Zealand Railway Officers' Institute on Contributions transferred to other funds . . 183 13 6 account of Richard Hampton .. •• 18 11 5 Travelling-expenses of Board members .. 77 10 Railway Tradesmen's Association on account Public Trust charges (legal costs) .. .. 62 18 11 of Samuel Ingram .. .. 24 15 3 Public Trust commission .. .. .. l,Bbl 13 5 New Zealand Engine-drivers, Firemen, and Rates and fees paid on account of mortgagors Cleaners' Association on account of (recoverable) .. .. ■ ■ • • 77 18 3 Thomas H. Stephenson ... •• 60 5 5 Audit Office fee .. .. .. .. 50 0 0 Consolidated Fund 87,000 0 0 Insurance premiums (recoverable) .. .. 0 8 11 Interest £ s. d. Salaries .. .. ■ • ■ • 1,104 / U Investments .. .. 63,608 11 2 Postages .. 2 6 Treasury Department .. 12,138 0 0 Printing and stationery .. .. .. ii 12 0 75,746 11 2 Cost-of-living bonus to annuitants .. .. 775 7 11 Investments .. .. •• 16,595 16 4 Balance in hands of Public Trustee at 31st Commission on collection of Government Life March, 1935 .. .. .. .. 29,259 16 5 Insurance premiums 48 3 10 £508,095 15 ~3 £508,095 15 3 —«— —-

85

B.—l ITt. IV

GOVERNMENT RAILWAYS SUPERANNUATION FUND—continued. Statement of Accounts, etc.— continued. Revenue Account for the Year ended 31st March, 1935.

86

EXPENDITURE. 1934-35. 1933-34. INCOME. i 1934-35. j 1933-34. To Retiring-allowances to members 422,477 11 10 4 10 By Members'contributions 134,886 11 11 133 660 5 *5 _Jowances to widows and children .. .. .. 29,020 2 11 28,980 4 0 Members'contributions on account of casual service .. 2 505 2 4 Refund of total contributions .. .. .. .. 20,785 2 1 24,539 1 7 Pines .. .. .. .. .. .. 135 10 0 "l27 12 6 Refund of contributions in excess of allowance drawn by 480 11 10 529 1 4 Subsidies deceased beneficiaries Consolidated Fund .. .. .. .. 87,000 0 0 Refund of casual-service contributions .. 19 19 7 Working Railways 170,000 0 0 170,000 0 0 ransfers to other funds .. .. .. 183 13 6 43 13 7 Working Railways, on account of increased allowances to 12,999 8 3 13,005 10 4 Reserve for bad and doubtful debts .. .. .. 1,891 1 3 4,556 0 0 widows and children ' dministration charges-— Zealand Railway Officers' Institute, on account 18 11 2 19 1 10 Travellmg-expenses of Board members .. .. 77 1 0 77 1 0 Richard Hampton -p U , ]^ C commissio 11 .. .. .. 1.581 18 3 1,606 19 3 New Zealand Railway Tradesmen's Association, on 24 15 0 25 9 1 Trust charges ( g C0sts) 62 18 11 72 7 10 account Samuel Ingram O 1 • ce fee .. .. .. .. .. 50 0 0 50 0 0 New Zealand Engine-drivers, Firemen, and Cleaners' 31 0 9 29 10 5 | aianes 1,154 7 0 1,069 2 0 Association, on account T. H. Stephenson Postages 194 2 6 149 4 4 Interest— £ s. d. Printing and stationery 33 12 0 44 3 3 Investments .. .. .. 55,855 17 4 Treasury Department .. .. 12,138 0 0 67,993 17 4 75,220 1 4 Premium on securities converted .. .. .. j 1,342 10 4 2 446 0 6 Commission on Government Life Insurance collections .. 48 3 10 47 4 9 Balance carried down, being excess of expenditure over 1,006 12 2 92,449 6 5 income for the year 477,992 3 1 486,930 2 7 477,992 3 1 486,930 2 7 To Balance brought down 1,006 12 2 92,449 6 5 By Accumulated funds brought forward on 1st April .. 1,240,830 15 8 1,333 245 8 1 Amounts previously written off now claimed: Refund of 118 18 6 .. Amounts unclaimed written off— * ' contributions Retiring-allowances .. .. .. .. 28 19 11 Balance accumulated funds as at 31st March .. .. 1,239,705 5 0 1,240,830 15 8 Widows'allowances .. .. .. .. .! 5 14 1 1,240,830 15 8 1,333,280 2 1 1,240,830 15 8 1,333,280 2 1

B.—l [Pt. IV

Jambs H. Gunson, Acting-Chairman of the Government Railways H. Valentine, Superannuation Fund Board. Chief Accountant, iNew Zealand Railways. I hereby certify that the Statements of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative boots S&TbSIT* and correctly state the position a, disclosed thcby.-J. H. Fowl,*, Dep.ty Controller and A„d,tor-Gen,,,!.

GOVERNMENT RAILWAYS SUPERANNUATION FUND— continued. Statement of Accounts, etc.— continued. Balance-sheet as at 31st March, 1935.

87

~ " I 1 1933—34 1 ASSETS. ' 1934-35. I 1933-34. LIABILITIES. j 1934-30. 1933 34. | j [ £ s d £ s d £ s. d. £ s. d. Accumulated funds as per Revenue Account .. •• 1,239,705 5 0 1,240 830 | 8 Account- £ £ Casual employees' contingent contributions .. 10,507 16 5 8,566 16 8 investments ' 64,876 2 11 Retiring and other allowances due (not paid) 1,218,265 14 0 1,239,783 6 10 nyr ? 254 8 11 OUO iy 0 i Wows and children :: " i '• "3 17 10 152 !3 3 Current Account- ; 10 g 5J17101 Refund of contributions authorized (not paid) .. •• 346 9 1 299 9 trjbutioI , s and in transit j 10,799 10 H Transfers to other funds authorized (not paid) .. .. 2g4 15 4 489 12 2 Contributions outstanding .. .. •• . 674 9 8 2 f q7 1210 Interest paid m advance •• •• 1 2 20 2 0 4 068 4 9 Contributions due by members in respect of casual service | 2,688 8 0 Z,b91 Reserve and doubtful debts !. i. 0 0 6,500 0 0 bonus j 65 11 5 63 14 4 Rebates of contributions (National Expenditure Adjustmen , . . 0n aooount 0 f additional allowance to widows and children 1,037 0 11 1,016 14 8 Act ' 1932) Interest due not paid i 24,109 6 8 31308 8 4 Interest accrued but not dne .. •• •• •• o2a a ? ' ofii 19 R Rates and fees paid .. • • • • • • • • ! 0 1 Insurance premium 29 16 ! Sundry debtors .. • • • • • • • • 1,300,466 12 4 1,305,400 11 11 1,300,466 12 4 j1,305,400 11 11

B.—l [PT. IV].

RANGITAIKI LAND DRAINAGE SCHEME. Rate Account as at 31st March, 1935. Capital. Maintenance. Capital. Maintenance. . £ s - d - £ s - d - 6V. £ s. d. £ s. d. To Interest on capital cost .. 13,261 17 6 By Balance as at Ist April, 1934 2,503 0 7 4 250 15 10 Less capitalized .. .. 5,261 17 6 Rates levied .. .. 8,598 17 8 4,960 1 4 Penalty .. .. .. 667 2 4 '381 19 9 8,000 0 0 Cost of maintenance .. .. 5,707 7 2 Remissions .. . . 86 13 2 43 8 9 Balance as at 31st March, 1935 3,682 7 5 3,842 1 0 £11,769 0 7 £9,592 16 11 £11,769 0 ~7 £9,592 16 Ū Revenue Account fob the Year ended 31st March, 1935. Dr. £ s. d. Or. £ s d To Interest on Public Works Fund capital .. 20,788 14 4 By Accrued rent .. .. .. . 141 10 6 Loss of plant, &c .. .. .. .. 549 0 7 Thirds .. .. .. ' j 313 6 Capitalized interest: Section 12, Finance Act, 1927 (No. 2) .. .. .. 5,261 17 6 Interest recoverable by rates .. .. 8,000 0 0 Balance, transferred to Drainage Works Account 7,930 13 5 £21,337 14 11 £21,337 14 11 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Asscts. Public Works Fund .. .. .. .. 489,285011 Drainage-works £ s d £ s d Treasury Adjustment Account .. .. 221,332 10 9 RecoverableUnpaid purchase-money for land taken .. 210 1 1 Capital expenditure ..205,000 0 0 Sundry creditors • £ s. d. Capitalized interest: Section Departmental .. .. 428 7 9 12, Finance Act, 1927 (No. 2) 65,499 7 6 Miscellaneous .. .. 437 10 0 865 17 9 270,499 7 6 Rate accounts Not recoverable : Capital exCapital .. .. .. 3, 682 7 5 penditure and capitalized inMaintenance .. .. .. 3,842 1 0 terest .. .. .. 409,105 1 8 7,524 8 5 679,604 9 2 Suspense Account . . . . .. 584 6 8 Plant and machinery . . 8 257 4 6 Wntings-off in Suspense .. .. .. 567 3 1 Buildings .. '.. .. .. .. '937 9 6 Payments in advance — Loose tools .. .. .. .. 205 5 4 Rates .. .. .. 4 3 1 Sundry goods .. .. .. . . 267 14 0 Miscellaneous .. .. 0 4 0 Fuel .. .. .. . . 24 10 0 4 7 1 Cash in transit .. .. .. .. 673 3 6 Sundry debtors— £ s. d. Rates capital .. .. 17,502 2 8 Rates maintenance .. . . 11.949 8 4 Law-costs .. .. .. 303 15 3 Rents .. .. . . 17 11 6 Miscellaneous .. .. 63 18 11 29,836 16 8 Losses in suspense .. .. .. ~ 567 3 1 £720,373 15 9 £720,373 15 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant.. I hereby certify that the Rate and Revenue Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that the accounts of the Chief Drainage Engineer, Auckland, the audit of which has not yet been completed by the local Audit Inspector, are in agreement with Head Office books.—J. H. Fowler, Deputy Controller and Auditor-General.

88

B.—l [PT. IV],

RESERVE FUND ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. \ Income. £ s. d. To Excess of income over expenditure .. .. 34,054 13 8 By Interest on investments .. .. .. 15,206 0 8 Interest on loans (section 38 (a), Hawke's BayEarthquake Act, 1931) .. .. .. 18,848 13 0 £34,054 13 8 £34,054 13 8 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Capital, Ist April, 1934 .. .. .. 1,255,480 7 9 Investment AccountRecoveries of amounts written off capital in Nominal Value. previous years .. .. • • • • 121 5 0 £ s. d. £ s. d. F y . 284,840 14 0 British Conversion Loan, 1944-64 290,893 11 5 1,255,601 12 9 33,760 2 7 2-per-cent. Imperial Treasury Lesg _ bonds 34,013 17 10 Loss on realization of India £ s. d. - — - ~r~~; I I 3i-per-cent. stock .. 2,893 9 2 318,600 16 7 324,907 9 3 Loss on realization of ad- Interest accrued on mvestments .. .. 6,16116 6 vance under section 38 (a), Hawke's Bay Earthquake Act, 1931— Hawke's Bay Earthquake Loans to earthquake sufferers, section 38 (a) . . 674,541 2 3 Act 1931 .. •• 72 3 4 Loans to local authorities, section 38 (6) .. 235,958 12 1 Administration "expenses Interest due and unpaid on loans .. .. 5,633 15 7 (section 39, Hawke's Bay Interest accrued on loans .. .. .. 4,981 2 9 Earthquake Act, 1931) .. 127 2 8 Interest postponed .. .. .. 1,060 8 9 Grants to earthquake suf- Sundry debtors .. 320 18 7 ferers, section 38 (a), Treasury Adjustment Account .. .. 13,158 710 Hawke's Bay Earthquake Cash in State Advances Account .. .. 5,442 x 8 11 Act 1931) 114 13 8 Cash in Public Account .. .. .. 14,320 19 7 3,207 8 10 1,252,394 3 11 Instalments not allocated .. .. • • 38 14 6 Excess of income over expenditure for the year ended 31st March, 1935 .. .. •• 34,054 13 8 £1,-286,487 12 1 £1,286,487 12 1 — — i B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General. SAMOAN LOAN SUSPENSE AND SINKING FUND ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. £ Sv d. To Interest on loan capital .. •• 3,089 80 By Interest on advances to Samoan Administration.. 5,78118 2 Interest on advances from Treasury investment accounts •• •• •• 1,319 8 2 Excess of income over expenditure .. 1,373 2 0 £5,781 18 2 £5,781 18- 2 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. ■ £ s. d. Loan capital •• •• 105,000 0 0 Advances to Samoan Administration .. .. 131,710 0 0 Advances from Treasury investment accounts .. 26,710 0 0 Interest accrued on advances to Samoan Adminis-«rl-mu Wind •• •• 0 17 tration .. .. •• •• 2,8b7 311 Interest accrued- £ s. d. Treasury Adjustment Account . . . . 64 18 1 Loan capital 904 14 4 Cash m Public Account 0 17 Advances from Treasury investment aCCOUntS 5 .. S 1,559 0 0 Excess of income over expenditure for year ended 31st March, 1935 .. •. • • • • 1.373 2 0 £134,642 3 7 £134,642 3 7 B. C. Ashwin, M.Com., A.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General.

12— B. 1 [PT. IV].

89

B.—l [PT. IY].

SCENIC RESERVES ACCOUNT. Income and Expenditure Account fob the Year ended 31st March, 1935. Expenditure. Income. £ s. d To Cost of administering reserves— £ s. d. £ s. d. By Accrued rents .. .. .. .. 401 710 Repairs to fencing, &c. .. 229 17 9 Accrued royalties and sales of timber .. .. 1,811 17 10 Trounson Kauri Forest .. 266 7 5 Refund of expenses of administration .. 485 2 9 Ranger's salary, Summit Road.. 37 18 4 Opossum fees .. .. .. 2 »0 0 534 3 6 Clearing, grassing, and internal roading, Waitangi .. .. .. .. .. 732 11 5 Depreciation on buildings, &c., Motuihi Island 95 8 9 Rebates.. .. .. .. .. 038 " Thirds" .. .. .. .. 0 8 0 Balance carried down .. .. .. 1,337 13 1 £2,700 8 5 £2,700 8 5 £ s. d. £ s. d. To Balance brought forward from previous year .. 86,135 15 7 By Balance brought down .. .. .. 1,337 13 1 Interest on capital invested in scenic reserves 8,784 14 5 Balance: Accumulated excess of expenditure over income .. .. .. .. 93,582 16 11 £94,920 10 0 £94,920 10 0 Note.—A charge has been made in the above account for interest on capital for which the Department has no parliamentary appropriation. Balance-sheet as at 31st March, 1935. Liabilities. Assets. Capital Account— Land— £ B , <}. Moneys provided out of Consolidated Fund— £ s. d. Scenic reserves .. .. .. .. 320,460 19 0 Balance, Ist April, 1934 .. .. .. 205,760 1 3 Domain and recreation reserves .. .. 513,700 910 Expenditure during year .. .. 1,878 14 10 Motuihi Island Domain .. .. .. 11,110 1 9 Sundry debtors for rent and royalties .. .. 265 5 9 207,638 16 1 Sundry debtors: Miscellaneous .. .. 212 0 Moneys provided from Public Works Fund .. 11,491 16 9 Postponed rent .. .. .. 518 6 Moneys provided from private sources for pur- Income and Expenditure Account .. .. 93,582 16 11 chase of reserves .. .. .. 1,720 2 9 Value of Crown land set aside as reserves .. 624,521 14 8 Total capital .. .. .. .. 845,372 10 3 Sundry creditors— £ s. d. Departmental .. .. 1,234 5 7 Miscellaneous .. .. 43 12 9 1,277 18 4 Rents paid in advance .. .. .. 2 0 6 Rents charged in advance .. .. .. 107 17 11 Suspense Account .. .. .. .. 50 0 0 Treasury Adjustment Account .. .. 92,317 16 9 £939,128 3 9 £939,128 3 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental note enfaced thereon—J. H. Fowler, Deputy Controller and Auditor-General,

90

B.—l [PT. IV].

SMALL-FARMS SCHEME. Revenue Account foe the Year ended 31st March, 1935. £ s. d. £ s - d - To Interest on capital provided from Public Works By Rents receivable •• 7,274 111 io on capiwii F 16,358 17 0 Interest receivable on— £ s. a. iuna .. •• •• •• 4.'004 9 4 Current Account advances .. 6,733 2 5 Rents payable . • • • • • • • » g Instalment mortgages .. 966 0 4 Interest payable .. • ■ " " 44 3 S Advances under share-milking Administration and travelling-expenses .. 4 agreements .. 3,507 10 7 Losses written off .. •• •• •• g 8 11,206 13 4 Sundry expenses .. • • • • • • Surplus realized on disposal of land .. .. 26 10 10 Sundry receipts .. • • • • • • " 610 Balance: Loss carried down .. •• 0,0<4 w w £21 - 897 £ sd. £ s. d. , q 178 'Q 1 Bv Balance, 31st March, 1935: Loss carried To Balance, Ist April, 1934 3,17» o a forward •• •• 6,550 18 10 Loss brought down, 31st March, 1935 .. 3,372 9 9 forward .. _j £6,550 18 10 £6,550 18 10 Note—No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. r . ...... Assets. £ s. d. U abilities. Land 120,053 2 11 C Xw\c A Works¥und .. ..486,581 13 f ' ' Development expenditure on land .. ..138,801 14 10 t-uD-nc worKS runu Live-stock and chattels .. •• ..17 6 M Value of land donated ■ ■ 488,210 13 1 Advances to small-farm oocupiers— Loan from Unemployment Board .. • • 6,320 18 9 18 8 Crown Lands Account: Land set aside for small g gjek an d chattels .. 19,347 17 6 National Endowment Account: Land set aside for ! " 6 ' 7 72 15 10 small farms •• •• •• •• ' — 175,113 0 7 Sundry creditors— . j Advances under share-milking agreements .. 55,255 19 10 State Advances Department : £ s. d Realization Account: Properties in course of Purchase pnee of land .. 7,165 0 0 realization 3,438 5 9 Rent •• •• Sundry debtorsDepartmental .. 'qs7 0 Rent owing by small-farm oe- £ s. d. Miscellaneous •• 10 10;653 9 n CU piers 8,844 3 1 Principal instalments: sharePayments m advance— u 3 milkers'loans .. 2,455 13 0 Rent . . . I', ,'' M. ' Principal instalments: InstalPrincipal instalments: Share- ment mortgage .. .. 33 911 milkers'loans .. -30 19 Interestn^ rest -ii >i 14.1 8 9 Share-milkers'loans •• 1,663 8 4 Share-milkers loans • • Instalment mortgages . • 69 10 8 Current Account .. •• u - Current Account .. .. 8,23115 6 Instalment mortgage .. « * Departmental .. .. 1,180 110 Miscellaneous •• •• 1:i 3 Miscellaneous •• •• 201 13 9 , , . 22,679 16 1 Accrued interest on expenditure on blocks being g g ? Rent paid in advance 816 0 developed • * " " ' 368 18 3 Postponed principal: Instalments on share-milkers' Rent Adjustment Account .. • • • ■ gB6 11 10 loans .. • • • • • • • • 20 13 2 Writings-off in Suspense .. Interest on expenditure on blocks being developed 8,835 11 10 Treasury Adjustment Account Interest Adjustment Account .. •• •• 1,116 4 4 Losses in Suspense .. ■ • • • • • 886 11 10 Revenue Account: Balance carried forward .. 6,550 IS 10 £550,082 19 9 £550,082 19 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. T hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and I hereby cert y documents submitted for audit, and correctly state the position as disclosed »1— Tt ° following comment i. appended: The «count thereby, subject to tne 1 expenses incurred by Departments administering the scheme, other than a rf of ooti Id F. C. 0« Controller and Auditor-General.

91

}>.- ! [PT. IV}.

STAMP DUTIES DEPARTMENT. Income and Expenditure Account fob the Year ending 31st March, 1935. Expenditure. £ a d n To Postage and telephones 1,234 lo' 1 By Adhesive stamps .. 129 142 19 9 Shanes and wages .. 20 , 883 6 5 Duty on instruments .. " " 241-37 17 7 Printing, stationery, and advertising .. 1,151 1 2 Death duties .. ",f '» \ Cost printing stamps 2,116 13 1 Gift duty .. .. ! 40'?04 7 o - v'j . •• •• 65 1 8 Fines and penalties .. 1'257 17 2 Travelling 'ami wSxpenses ! Z'm \t Freight and cartage .. .. 124 910 Bank-note duty .. " " 158559 I ? ssatrtrrrr. :: :s ? s s-»»rr •• - «ftS 11 't • "f 2,335 7 3 Miscellaneous^.. " " " 15 0 1 otalizator-mspection 447 14 7 Overseas passenger duty .. '" " 18 148 3 8 Interest on succession duty .. .. 257 6 9 Lottery duty .. " " '9,4 7 Refund totalizator-tax . .. .. 27,289 5 6 Sharebrokers'licenses .. !! " 2 052 0 6 Sgag?'" •• •• 2158 .. :: f;«S» 5 Furniture 315 18 2 P 7 60 6 6 Machinery !! 565 17 3 Mechanical appliances .. .. .. 97 9 8 Library 8 15 0 Balance carried down .. .. 3 203 372 16 0 £3,260,781 7 0 To Interest on capital .. .. 7*4 By Balance brought down .. 3 16 0 ILxcess income over expenditure .. .. 3,203,102 8 8 " 0 it) u £3,203,372 16 0 £3,203,372 16 0 of exchange on payments made in London is included L the account. depreciation on assets. No charge for the cost Balance-sheet as at 31st March, 1935. _ . , Liabilities. £ s . d. „ , 1^ 1 5,934 18 6 Furniture 6"5 2 4 r Sundīy 631 17 8 6c^ nical a PĪ Jiances 26 11 6 Departmental .. .. .. .. 540 0 2 " " " " 5,116 19 8 For refunds- Stan/paper on hand !! " " 12 ? ® Undl 7 . 8,811 18 7 Assets in suspense .. .. " 7«? ? « Departmental 6,518 9 5 Debtors— 751 4 6 Keserves — Writing off 7*l a a n + 1 " * ' * *' *' 347,315 15 4 v uii •• •• • • •• 751 4 6 Departmental .. .. i«7 11 7 Accrued penalties (racing revenue) .. .. 9,687 18 10 Deposit accounts .. " " *1 ]l l lZtl V 8 " , '• 85 16 3 Cash in hands of receivers i! " 77 o SZXS 1 ™ 1 "3,203,,02 8 8 *■•»■» « «■■■■. .. " 2,881,692 6 ? »■»«■«" 12 7 5.236.0M12 7 P. G. Pearce, Commissioner of Stamp Duties. _ I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.-J. H. Fowler, Deputy Controller and

92

B.—l [Pt. IV]

STATE BALANCE-SHEET AS AT 31st MARCH, 1934. Liabilities. Assets. Ca-Tiital ' £ s. d. Land and buildings, including Crown, settlement, and £ s. d Public debt* .. •• 306,841,996 311 endowment land, departmental land and buildings 41,968,995 15 5 Rural Advances bonds " '. 4',213,050 0 0 State forests, nurseries, and plantations .. .. 38,037,640 7 1 Public Debt Redemption Fund .. 19,225,644 10 6 Railways, including permanent-way and works, cn Aon n „ A o Creditors rolling-stock, and unopened lines .. .. 59,029,270 16 8 Sundry .. .. •• 2,185,547 6 9 Telegraphs, telephones, and wireless systems .. 10,964,418 19 11 Interest on debentures and stock Electrical schemes 12,578,497 14 6 due and unpaid* . .. 52,416 17 3 Drainage and irrigation schemes .. .. 4,042,537 14 6 Interest accrued but not due* .. 2,331,491 0 0 Collieries, sawmills quarries, &c. .. 396,649 0 3 Wages and other payments accrued 7,085 18 4 Armament and military stores, aviation equipment 2,871,437 19 2 Payments in advance, &c 408,358 3 11 Oyster-beds, fish-hatcheries, equipment &c. .. 10 7 -Rpqprvpq Wharves, bridges, harbour-works, lighthouses, &c... 828,864 3 4 General .. •• 3,891,384 9 3 Plant, material, and furniture .. .. .. 3,229,994 5 8 Sinking fund and reserves for loan- Libraries, books, museum exhibits, stationery, redemption .. .. •• 3,296,319 8 2 stamps, &c... .. .. • • •• 376,794 6 3 Depreciation .. .. 7,996,371 5 1 Live and dead stock, farm crops, &c. .. ... 234,511 8 0 Fire, accident, and marine insurance, Government steamers, launches, motor-cars, &c. .. 566,656 6 7 bad debts, &c. .. .. 893,244 10 3 Advances on loan or mortgage .. .. .. 57,476,457 8 6 Amount held on deposit .. .. 1,027,210 17 1 Debtors Suspense . .. .. 258,935 14 11 Sundry .. .. ... • • 2,275,020 13 8 Post Office investment and war-loan Unpaid purchase-price of land and buildings and certificates . •• 1,560,673 210 interest thereon .. .. .. .. 2,264,759 2 4 Miscellaneous liabilities .. .. '49,217 19 6 Postponed rents, &c ■ • ■ • " 370,816 14 10 Excess of assets over liabilities .. 48,638,674 2 1 Interest and rent, due and unpaid, and due and 0 in , accrued"' .. .. . ■ .. . ■ o, 693,154 12 4 Special investments — Nauru phosphate rights .. .. .. 565,040 0 0 Bank of New Zealand shares .. .. .. 2,109,375 0 0 Public Trust Office (Public Debt Redemption Fund, &c.) .. .. •• 8,137,529 5 2 Special assets of various accounts — Native land schemes, &c. .. .. .. 921,356 3 1 Unallocated loan charges .. .. .. 750,660 5 8 Earthquake expenditure .. •• .. 22,725711 Payments in advance .. .. •• • • 315,007 13 1 Properties acquired by Crown and properties in course of realization .. .. .. 990,110 7 2 Investments — Reserve Fund .. .. .. •• 327,702 3 4 Sinking funds .. .. •• •• 372,652 16 7 Miscellaneous, including investment of Treasury accounts .. .. •• •• 24,788,639 14 0 National Development Account — Expenditure on— £ s. d. Main highways, roads, &c. 27,844,621 17 7 Development of mining .. 867,467 15 11 Education .. 8,161,201 15 6 Immigration .. .. 3,319,398 15 7 Harbour-works .. .. 1,042,508 9 6 Land-development .. 696,454 2 8 Cost of raising loans .. 358,092 3 0 42,289,744 19 9 Other loan expenditure — War expenditure .. .. 66,528,021 0 2 Naval defence .. .. 1,389,656 1 5 Local bodies .. .. 3,037,229 19 2 Maori-land settlement .. 247,050 0 0 Miscellaneous .. .. 6,163,496 18 8 77,365,453 19 5 Cash — New Zealand Government Indemnity Exchange Account 1,000, 000 0 0 Public Account .. .. 778,179 3 6 Receiver-General .. .. 2,818 8 11 State Advances Office Account 62,568 1 11 Post Office or Post Office Savings-bank .. .. 464,151 7 8 Deposit accounts .. .. 118,718 18 7 In hand and in transit .. 83,742 5 9 Deposit with Bank of International Settlements .. 36,023 0 0 2,546,201 6 4 Miscellaneous assets .. . . . • 45,297 8 9 £402,877,621 9 10 £402,877,621 9 10 * See Note (2) below. N OTES _m To account for the whole public debt, loan expenditure on war and other purposes not represented by tangible assets has been included under the heading " Other Loan Expenditure." Interest is received in respect of portion of the local bodies' loan shown above ag public debt> £45146.3 is held by investment accounts within the Public Account. Interest accrued and interest due and unpaid in respect of this sum is also shown in both sides of the Balance-sheet. (3) Contingent liabilities : — Subsidies (not including accumulated interest) short paid to— £ s. d. Teachers' Superannuation Fund .. •• •• •• 1,340,084 0 0 Public Service Superannuation Fund .. .. .. .. 2,104,067 0 0 3,444,151 0 0 Excess of subsidies recommended by Actuary over subsidies paid : Railway Superannuation Fund .. .. •• •• 1,190,000 0 0 4,634,151 0 0 Local authorities' loans guaranteed by the Govern- £ s. d. ment 2,978,075 0 0 Less Accumulated sinking funds .. 880,107 13 5 2,097,967 6 7 £6,732,118 6 7 A. D. Park, F.1.A.N.Z., F.R.A.N.Z., Secretary to the Treasury. I hereby certify that the above amalgamation of Balance-sheets has been compared with the relative audited accounts, and correctly states the position as disclosed thereby, subject to the departmental notes enfaced thereon.— G. F. C. Campbell, Controller and Auditor-General.

93

B.—l TPT. IV

STATE ADVANCES OFFICE. ADVANCES TO SETTLERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1935. Liabilities. £ s. d. Assets. £ s. d. £ \ : S:' d. Sundry loans .. .. .. .. 19,586,820 8 5 Investment Account— Temporary advances from — £ s. d. Advances not due .. 15,853,757 1 5' Public Debt Sinking Funds Instalments of principal Branch .. .. 150,000 0 0 overdue .. .. 415,164 18 1 Advances Office Sinking Principal owing by Fund Account .. 1,260,000 0 0 mortgagors .. -16,270,921 19 6 1,410,000 0 0 Advances on current account .. 11,684 0 2 Amount held for investment on behalf of the Properties acquired .. .. 2, 722 3 0 Housing Insurance Eund .. . . . . 7,844 7 4 Temporary investments .. .. ,325,000 0 0 Advances Suspense Account .. .. 6,859 1 8 Temporary advances to — Eire Loss Suspense Account .. .. .. 11,750 16 8 Workers Branch .. 2,875,000 0 0 Sundry creditors .. .. .. .. 2,711 16 8 Rural Advances Branch.. 695,000 0 0 Weekly rental and instalment collections held Local Authorities Branch 285,000 0 0 pending allocation .. .. .. 84,759 19 6 3,855,000 0 0 Income-tax Suspense Account .. .. 7,702 17 11 Sinking Fund Investments held by Advances Interest on loans — £ s. d Office Sinking Eund Account .. .. 2,076,620 14 5 Deferred .. .. 277,613 12 10 Interest on mortgages — £ s. d. Overdue .. .. 11,872 17 1 Overdue .. .. 727,010 8 5 Accrued but not due .. 139,369 1 8 Accrued .. .. 200,293 13 6 428,855 11 7 927,304 1 11 Reserve for bad debts .. .. .. 285,310 0 2 Interest on temporary investments accrued .. 1,175 7 5 Sinking Fund .. .. .. .. 2,076,620 14 5 Office furniture and equipment .. .. 7,174 11 8 Reserve Fund .. .. .. .. 25,000 0 0 Motor-vehicles .. .. .. .. 649 4 10 Sundry debtors .. .. .. .. 717 14 7 Half-yearly instalments postponed— £ s. d. Interest .. .. 27,216 17 6 Principal .. .. 14,769 0 3 41,985 17 9 Securities Protection Suspense Account .. 5,080 9 2 Lodgment Transit Account .. .. 8,113 3 2 Realization Suspense Account .. .. 163,273 13 7 Loan Charges Account .. .. .. 159,549 18 9 Cash in hand and in bank at 31st March, 1935.. 77,262 14 5 £23,934,235 14 4 £23,934,235 14 4 Profit and Loss Account for the Year ended 31st March, 1935. Dr. £ s. d. Gr. £ s. d. To Management Expenses Account .. .. 39,1.00 14 3 By Interest Account: Gross profits .. .. 97,421 11 1 Loss on realization of securities, and doubtful Profit on sale of motor-vehicle .. .. 9 115 securities written down .. .. .. 29,021 18 9 Net revenue on properties acquired .. .. 37 3 5 Depreciation on— £ s. d. Furniture and equipment 377 12 2 Motor-vehicles .. . ■ 175 2 8 ——— 552 14 10 Income-tax .. .. .. .. 7,702 17 11 Loan-flotation charges written down .. 21,090 0 2 £97,468 5 11 £97,468 5 11 £ s. d. £ s. d. To Balance transferred to Reserve for bad debts .. 7,631 910 By Income-tax refunded .. .. .. 7,631 910 £7,631 9 10 £7,631 9 10 Interest Account for the Year ended 31st March, 1935. Dr. £ s. d. £ s. d. Gr. . £ s. d. £ s. d. To Interest on loans .. .. 834,061 411 By Interest on mortgages .. 848,437 17 10 Less accrued at 31st March, Interest on mortgages— 1934.. .. .. 157,148 5 1 Overdue at 31st March, 676,912 19 10 1935 .. .. 727,010 8 5 Interest on loans accrued but not due .. 139,369 1 8 Accrued but not due at 31st Interest on amounts temporarily transferred March, 1935 .. .. 200,293 13 6 from other branches .. .. .. 56,718 1 1 Balance: Gross profits transferred to Profit 1,775,741 19 9 and Loss Account .. .. .. 97,421 11 1 Less overdue and accrued at 31st March, 1934 .. 966,609 12 10 809,132 6 11 Interest on Current Account advances .. .. .. 355 0 5 Interest on temporary investments .. .. 15,912 13 8 Less accrued at 31st March, 1934 .. 1,175 7 5 14,737 6 3 Interest on outstanding paymemts .. .. 138 6 0 Interest on temporary advances to other branches .. .. .. .. 144,883 6 8 Interest on temporary investments (accrued) .. 1,175 7 5 £970,421 13 8 £970,421 13 8

94

B. —1 [PT. IV

STATE ADVANCES OFFlCE—continued. ADVANCES TO SETTLERS BRANCH —continued. Management Expenses Account foe the Yeae ended 31st Maecb, 1935. JT) r- £ s. d. Or. £ s - d. To Advertising, newspapers, &c. .. .. 10 63 By Consent fees .. •• •• 46 9 6 Audit Office services .. . • • • 345 0 0 Cost of preparation of mortgages .. .. Cartage .. .. . • • • • • 12 13 1 Production fees ... . • • • • • >>38 ■! 7 Cleaning, lighting, heating, and messenger ser- Release fees .. .. •• •• ' 295 4 5 Sundry iggs •• •• •• •• ooii Commission !! 1! !! 236 18 6 Balance transferred to Profit and Loss Account 39,100 14 3 Employers' liability insurance .. . • 55 15 2 Exchange on and cost of remittances .. 918 13 3 Fidelity guarantee bonds .. • • • • 43 411 Management charges on New Zealand stock and bonds 1,264 19 11 Meal allowances and overtime .. • • 656 0 10 Motor maintenance ■ • ■ • • • 513 7 5 Office maintenance . • • • • • 206 10 3 Postages and telegrams .. . • • • 810 15 10 Post Office services • • • • ■ • 1,362 2 6 Printing and stationery .. . • • • 688 4 1 Public Service Superannuation Fund contribution .. 264 18 1 Rent 1,809 14 4 Salaries .. .. • • • • .. 22,850 1 2 Solicitors'costs and Court costs .. .. 2,640 310 Telephones .. • ■ • ■ • • 235 4 11 Travelling-expenses .. •• •• 132 3 11 - Typewriters and adding-machines (repairs) . . 91 14 8 Valuation Department: Agency work .. 4,495 410 £39,939 22 £39,939 22 G. E. Millee, Superintendent. R. Robebtson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the amount of exchange paid in respect of the interest which has been paid in London on the loans of this account has not been charged to the account, but has been borne by the Consolidated Fund. —J. H. Fowler, Deputy Controller and Auditor-General.

95

B.—l [PT. TV],

STATE ADVANCES OFFlCE—continued. RURAL ADVANCES BRANCH. Statement op Liabilities and Assets as at 31st Mabch, 1935. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Bonds issued .. .. .. .. 4,213,050 0 0 Investment Account— Temporary advances from Settlers Branch .. 695,000 0 0 Advances not due .. 4,405,382 12 0 Advances Suspense Account .. .. 172 0 0 Instalments of principal Fire Loss Suspense Account .. .. .. 3,393 0 0 overdue .. .. 61,534 13 2 Income-tax Suspense Account .. .. 3,618 3 1 Principal owing by Sundry creditors .. .. .. .. 17 2 4 mortgagors .. 4,466,917 5 2 Weekly rental and instalment collections held Interest on mortgages— pending allocation .. .. .. 18,965 6 8 Overdue .. .. 270,682 14 9 Interest on loans accrued but not due .. 7,513 4 0 Accrued .. .. 55,339 17 6 Reserve for bad debts .. .. .. 54,299 2 1 326,022 12 3 Stamp duty due under section 47 (2) of the National Expenditure Adjustment Act, 1932.. 4,172 10 0 Sundry debtors .. .. .. .. 0181 Half-yearly instalments postponed— £ s. d. Interest .. .. 10,401 16 1 Principal .. .. 3,451 7 8 13,853 3 9 Securities Protection Suspense Account .. 596 1 7 Realization Suspense Account .. .. 15,102 1 5 Loan Charges Account .. .. .. 151,981 13 3 Cash in hand and in bank at 31st March, 1935 .. 17,381 12 8 £4,996,027 18 2 £4,996,027 18 2 Profit and Loss Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 10,680 10 3 By Interest Account: Gross profits .. .. 23,432 911 Loan-flotation charges written down .. 12,665 2 8 Balance: Loss for the year .. .. 3,531 6 1 Income-tax .. .. .. .. 3,618 3 1 £26,963 16 0 £26,963 16 0 £ s. d. £ s. d. To Loss for the year .. .. .. .. 3,531 6 1 By Income-tax refunded .. .. .. 7,007 0 4 Balance transferred to Reserve for bad debts .. 3,475 14 3 £7,007. 0 4 £7,007 0 4 Interest Account for the Year ended 31st March, 1935. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on bonds .. 170,895 12 6 By Interest on mortgages .. 241,590 9 7 Less accrued at 31st Interest on mortgages— March, 1934 . . 7,471 4 11 Overdue at 31st March, — 163,424 7 7 1935 .. .. 270,682 14 9 Interest on bonds accrued but not due .. 7,513 4 0 Accrued but not due at Interest on amounts temporarily transferred 31st March, 1935 .. 55,339 17 6 from Settlers Branch .. .. .. 27,233 6 8 Balance: Gross profits transferred to Profit 567,613 1 10 and Loss Account .. .. .. 23,432 911 Less overdue and accrued at 31st March, 1934 .. .. 346,083 710 221,529 14 0 Interest on bank balances .. .. 48 12 9 Interest on outstanding payments .. .. 25 1 5 £221,603 8 2 £221,603 8 2 Management Expenses Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s . d. To Audit Office services .. .. .. 145 0 0 By Consent fees .. .. .. .. 1 15 0 Cleaning, lighting, heating, and messenger ser- Cost of preparation of mortgages .. .. 3 13 6 vices .. .. ■ • ■ • ■ ■ 120 0 0 Production fees .. .. .. .. 41 17 0 Exchange on and cost of remittances .. .. 7 14 10 Release fees .. .. .. .. 6 15 0 Postages and telegrams .. .. .. 169 11 8 Balance transferred to Profit and Loss Account 10,680 10 3 Post Office services .. .. .. 205 0 0 Printing and stationery .. .. . . 150 0 0 Public Service Superannuation Fund contribution 65 0 0 Rent .. • ■ .. •. . • 170 0 0 Salaries .. .. .. .. 7,399 0 0 Solicitors' costs and Court costs .. .. 753 4 3 Travelling-expenses .. .. .. 50 0 0 Valuation Department: Agency work .. 1,500 0 0 £10,734 10 9 £10,734 10 9 G. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and the accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the amount of exchange paid in respect of the interest which has been paid in London on the loans of this account has not been charged to the account, but has been borne by the Consolidated Fund. —J. H, Fowler, Deputy Controller and Auditor-General,

96

B. —1 [PT. IV

STATE ADVANCES OFFICE —continued. ADVANCES TO WORKERS BRANCH. Statement of Liabilities and Assets as at 31st Maech, 1935. Liabilities. £ s. d. /1 ssets, £ s. d. £ s. d. Sundry loans .. .. ■■ ..12,117,444 10 4 Investment AccountTemporary advances from Settlers Branch .. 2,875,000 0 0 Advances not due ..13,880,427 10 5 Liability to Railway Department (railway Instalments of principal housing) .. .. •• 9.195 0.0 overdue .. .. 328,181 11 1 Advances Suspense Account .. . ■ 7, 195 0 0 Principal owing by Fire Loss Suspense Account .. .. 2,052 15 0 mortgagors . —— — 14,208,609 1 6 Income-tax Suspense 1,036 4 6 Sinking Fund investments held by Advances Sundry creditors .. .. •• 13 3 9 Office Sinking Fund Account .. . . 93,828 311 Weekly rental and instalment collections held Interest on mortgages : £ s. d. pending allocations 120,985 8 2 Overdue .. .. 800,147 6 6 Interest on loans— £ s. d. Accrued .. .. 174,728 5 9 Deferred .. .. 51,704 10 9 — 974,875 12 3 Accrued but not due .. 105,443 12 11 Unregistered Transfers Account (Railway emOverdue on liability to ployees) 9,195 O O Railway Department .. 2,383 13 5 Motor-vehicles .. .. .. 1,469 7 b 159,531 17 1 Sundry debtors .. .. .. .. 66 12 10 Reserve for bad debts .. • • • • 164,930 14 0 Half-yearly instalments postSinking fund 93,828 311 poned— £ s. d 6 Interest .. ~ 578 5 9 Principal .. .. 299 2 1 877 7 10 Securities Protection Suspense Account .. 33,406 16 2 Realization Suspense Account .. .. 6,643 1 9 Loan Charges Account .. .. •• 184,446 8 9 Cash in hand and in bank at 31st March, 1935 37,795 4 4 £15,551,212 16 9 £15,551,212 16 9 Profit and Loss Account fob the Yeae ended 31st Maech, 1935. j) r £ s. d. Cr. £ s - d. To Management Expenses Account .. .. 18,644 18 BBy Interest Account: Gross profits .. .. 94,713 0 0 Loss on realization of securities and doubtful securities written down .. .. 52,830 3 4 Depreciation on motor-vehicles .. .. 552 2 0 Loan-flotation charges written down .. .. 21,649 11 6 Income-tax .. •• •• 1,036 4 6 £94,713 0 0 £94,713 0 0 £ s. d. £ s - To Balance transferred to Reserve for bad debts .. 6,873 10 10 By Income-tax refunded 6,873 10 10 £6,873 10 10 £6,873 10 10 Interest Account foe the Yeae ended 31st Maech, 1935. j) r £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. 494,491 8 2 By Interest on mortgages .. 597,970 16 3 Less accrued at 31st Interest on mortgages— March, 1934 .. 101,427 19 7 Overdue at 31st March, 393,063 8 7 1935 .. 800,147 6 6 Interest on amounts temporarily transferred Accrued but not due at from Settlers Branch 116,950 0 0 31st March, 1935 .. 174,728 5 9 Interest on railway expenditure (erection of 1,572,846 8 6 dwellings) .. • • • ■ • • -o 0 1 ° , . ■ ' Interest on loans accrued but not due .. 105,443 12 11 Less interest overdue Balance: Gross profits transferred to Profit and accrued at 31st and Loss Account .. .. .. 94,713 0 0 March, 1934 .. 862,832 710 g Interest on bank balances .. • • 87113 Interest on outstanding payments .. .. 323 14 0 £710,425 5 11 £710,425 5 11 Management Expenses Account foe the Yeae ended 31st Maech, 1935. j^ r £ s. d. Cr. £ s * d. To Audit services 225 0 0 By Cost of preparation of mortgages .. .. 23 3 0 leaning, lighting, heating, and messenger ser- q q ■; , Q PnmmissioTi .. •• •• 1,527 17 7 Sundry fees .. .. •• '0 15 0 Exchange on and cost of remittances .. 57 10 4 Balance transferred to Profit and Loss Account 18,644 18 8 Fidelity guarantee bonds .. •. • • 90 0 0 Management charges on New Zealand stock and bonds .. . • ■• • • • • 61' ' ® Motor-vehicle maintenance •• •• 1,000 0 0 Post Office services .. • ■ • • 550 0 0 Postages and telegrams . . • • • • 369 6 7 Printing and stationery .. • • • • 300 0 0 Public Service Superannuation Fund contribution .. • • • • US 0 0 Rent " ' 600 0 0 Salaries " 12,718 0 0 Solicitors' costs and Court costs .. . • 134 1 2 Travelling-expenses .. • • • • 75 0 0 Valuation Department: Agency work .. 350 0 0 £18,954 3 2 £18,954 3 2 G. E. Millee, Superintendent. R. Robeetson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and "documents submitted for audit, and correctly state the position as disclosed thereby, except that the amount of exchange paid in respect of the interest which has been paid m London an the loans of this account has not been charged to the account, but has been borne by the Consolidated Fund.-J. H. Fowlee, Deputy Controller and Auditor-General.

13— B. 1 [PT. IV],

97

B.—l [PT. IV],

STATE ADVANCES OFFlCE—continued. LOCAL AUTHORITIES BRANCH. Statement of Liabilities and Assets as at 31st March, 1935. 0 , , Liabilities. £ g. d. Assets. £ s. d. £ s. d. Sundry loans .. .. .. .. 2,778,690 15 7 Investment Account— Loan-moneys: Unexpected balance under sec- Advances not due ..2,883 653 10 3 tion 72, Local Bodies; Loans Act, 1926 .. 3,987 12 10 Instalments of principal Hawke s Bay Rehabilitation : Loan-moneys overdue .. 6 159 9 9 received from Treasury .. .. .. 235,938 12 1 Principal owing by Temporary advances from Settlers Branch .. 285,000 0 0 local bodies .. - 2 889 813 0 0 Sundry creditors : Treasury (Hawke's Bay re- Hawke's Bay rehabilitation advances .. *235 '938 12 1 habitation principal repayments) .. .. 20 0 0 Sinking Fund investments held by Advances Suspense Account .. .. .. .. 217 410 Office Sinking Fund Account . . . . 200 223 9 8 Income-tax Suspense Account .. .. 2,449 19 7 Interest on debentures— £ s. d. Conversion premiums, in accordance with sec- Overdue .. .. 7,395 9 10 tion 13 of the Local Authorities Interest Accrued .. .. 25'333 14 4 Reduction and Loan Conversion Act, 1932-33 618 12 8 " " ' 32 729 4 2 Interest on loans accrued but not due .. 11,580 15 7 Interest postponed .. .. .. .. 72 13 11 Sinking Fund .. .. .. .. 200,223 9 8 Interest paid in advance .. .. .. 0 710 Loan Charges Account .. .. .. 24,646 12 6 Profit and Loss Account .. .. .. 121,125 0 5 Cash in hand and in bank at 31st March, 1935.. 14,178 2 3 £3,518,727 2 10 £3,518,727 2 10 Profit and Loss Account foe the Yeah ended 31st March, 1935. Dr ' £ s - d - ('>■ £ s. d. 1 o Management Expenses Account .. .. 1,745 810 By Interest Account: Gross profits .. .. 10,854 810 Loan-flotation charges written down .. .. 1,116 10 4 Annual proportion conversion premiums 25 15 6 Income-tax .. .. .. .. 2,449 19 7 Balance : Net profits for the year .. .. 5,'568 5 7 £10,880 4 4 £10,880 4 4 £ s. d. £ s< To Balance at 31st March, 1934 .. .. 127,242 12 8 By Income-tax refunded .. .. .. 549 6 8 Net profits for the year .. .. .. 5,568 5 7 Balance .. .. .. .. .. 121,125 0 5 £127,242 12 8 £127,242 12 8 Interest Account for the Year ended 31st March, 1935. r ' £ s - £ s * d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 101,225 2 5 By Interest on debentures .. 103,350 15 10 Less accrued at 31st March, Less overdue and accrued at 1934 •• •• 11,580 15 7 31st March, 1934 .. 29,127 12 8 89,644 6 10 1 74 223 3 2 Interest on loans accrued but not due .. 11,580 15 7 Interest on bank balances .. .. .. '1010 7 Interest on temporary advances from Settlers Interest on temporary advances to Settlers Branch .. .. .. .. 700 0 0 Branch .. .. .. .. 5 816 13 4 Balance : Gross profits transferred to Profit Interest on debentures— and Loss Account .. .. .. 10,854 810 Overdue at 31st March, £ s. d. 1935 .. . . 7,395 9 10 Accrued but not due at 31st March, 1935 .. .. 25,333 14 4 ■ 32,729 4 2 £112,779 11 3 £112,779 11 3 Management Expenses Account fob the Year ended 31st March, 1935. >r ■ £ s. d. Cr. £ s _ d r l° Audit Office services .. .. .. 50 0 0 By Balance transferred to Profit and Loss Account 1,745 810 Cleaning, lighting, heating, and messenger services .. .. .. .. ' .. 30 0 0 Management charges : New Zealand stock and bonds .......... 149 8 10 Postages and telegrams .. .. *•.. 40 0 0 Post Office services .. .. .. 60 0 0 Printing and stationery .. .. .. 75 0 0 Public Service Superannuation Fund contribution .. .. .. .. .. 50 0 0 Rent .. .. .. .. .. 80 0 0 Salaries .. .. .. .. .. 1,211 0 0 £1,745 8 10 £1,745 8 10 G. E. Miller,, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the amount of exchange paid in respect of the interest which has been paid in London on the loans of this account has not been charged to the account, but has been borne by the Consolidated Fund. —J. H. Fowler, Deputy Controller and Auditor-General.

98

B.—l |TT. IV

STATE ADVANCES OFFICE —continued. PUBLIC DEBT SINKING FUND BRANCH. Statement of Liabilities and Assets as at 31st Maeoh, 1935. T . | Assets. Sinking Fund created under the provisions of £ s. d. Investment Account— £ s. d. the Public Debt Extinction Act, 1910 ■■ 3,258,955 19 4 Advances not due- 1>000)80fl 10 10 Weekly rental and instalment collections held Workers •• 50,749 5 2 JgSfSSST :: :: ,:: .:« »» •• , i-u™« a Debt Act, 1925— £ a. d overaue g In hand at 31st March, 1935 38,026 0 9 Workers .. I^2Bo 10 7 S5:: :: ftffi 17 > 5 i(r4|r 7 4 •• «o on 105,415 7 4 , n ' Principal owing by mortgagors and local bodies .. • • • • • • 2,343,992 19 2 Temporary advances to Settlers Branch .. 150,000 0 0 Sundry debtors .. • • • • • • Half-yearly instalments postponed— £ s - '' ■ Interest .. • • • • 560 13 4 Principal . ■ • • 234 12 0 795 5 4 Interest overdue on loans to — Settlers .. •• •• 32,670 7 6 Workers .. .. • • 822 1 1 Local bodies .. .. 8,543 8 7 42(085 17 2 Interest accrued on loans to — < Settlers .. •• •• 12,729 15 7 Workers .. • • • • 645 10 7 Local bodies .. .. 11,978 * * 0 5 Realization Suspense Account .. iLi'l™ J 8 Cash in hand and in bank at 31st March, 1935.. 806,690 13 10 £3,370,111 0 2 £3,370,111 0 2 Interest Account for the Yeae ended 31st March, 1935. Or. ■ i r'nnanliHntpd £ s. d. By Interest on loans to — £ s. d. £ s. d. To Interest on investments due to Consoliaatea is. y «uhi pt .„ .. 51,666 9 6 Fund in accordance with section 12 (a), ~ «04. 4 2 ii-sn :: :: AS I . ■ " S>S '5 I — ■"»" 1 Accrued at 31st March, 1935 .. •• at 31st March, 1934 . . 76,016 16 4 200,005 18 3 49 ' 3 ®2 0 9 i j n „ nvnai a Okf March Interest on bank balances .. .. •• ot o o Less overdue and accrued at 31st Mai eh, temporary advanoesJ to Sett l ers 1934 •• •• •• •• ' Branch •• •• •• 4,576 13 4 Interest on temporary investments .. 2,316 15 9 Conversion premiums (local bodies) ■ • 303 16 2 Interest on outstanding payments .. .. 6 3 8 Interest overdue at 31st March, 1935, on loans to — £ s. d. Settlers .. *. ■ 32,670 7 6 Workers •. • • 822 1 1 Local bodies .. .. 8,543 g Interest accrued at 31st March, 1935, on loans to — Settlers ... •• 12,729 15 7 Workers .. • • 645 10 7 Local bodies .. .. 11,978 3 3 q _ £123,989 1 11 £123,989 1 11 G. E. Miller, Superintendent. E. Robertson, Accountant. T hereby certify that the Balance-sheet and accompanying accounts have been diily examined and compared with the boofe and documents submitted for audit, and correctly state the posxfaon as disclosed thereby.J. H. Fowler, Deputy Controller and Auditor-General. THE LIBRARY UNIVERSITY OF CANTERBUtS" CHRISTCHURCH. N:*' "*

99

B.—l [PT. IV].

STATE ADVANCES OFFlCE—continued. ADVANCES OFFICE SINKING FUND ACCOUNT. Statement op Liabilities and Assets as at 31st March, 1935. Liabilities. Principal received as at 31st March, 1934, with a accumulated interest from- £ B . d . Investment Account- s d £ „ d Settlers Branch 2,478,471 9 2 Advances not dueWorkers Branch 298,146 3 0 Settlers .. 743 948 9 5 Local Authorities Branch .. .. 431,983 18 9 Workers .. .. 39'702 9 7 Local bodies .. .. 271 246 10 5 3,208,601 10 11 ' , l)ru M 7 on £ ,d. Instalments of principal over- ' ' Settlers Branch .. .. 83,514 7 2 Sett l ers .. 17 737 13 5 Workers Branch 3,773 8 10 Workers .. I*9lB 18 11 Local Authorities Branch .. 8,052 4 7 Local bodies .. '895 11 0 95,340 0 7 •' ° 20;549 3 4 3,303,941 . PrMp., owing b r 1„„I faasa - ass is •• «s: ♦ Local Authorities Branch 239,812 13 8 Half-yearly instalments post--933,269 3 6 poned— £ s- dTotal funds as at 31st March, 1935 .. .. 2,370,672 8 0 Principal " " 1 '756 15 11 Weekly rental and instalment collections held Interest overdue on loans to— 1,996 13 4 pending allocation 3,194 2 1 Settlers.. .. 19 976 11 10 Advances Suspense .. .. .. 50 0 0 Workers " 1'228 17 11 Fire Loss Suspense 100 0 0 Local bodies .'! !! 1,'707 8 4 t , , j j — 22,912 18 1 interest accrued on loans to— Settlers.. .. 8,655 9 2 Workers .. .. 468 12 1 Local bodies .. .. 2,215 IS 0 n u- -L j n . , , 11,339 16 3 Cash m hand and in bank at 31st March, 1935 .. 1,895 9 4 1 £2,374,016 10 1 ' . Interest Account fob the Year ended 31st March, 1935. T)r t j t, t £ s. d. £ a. d. , r T , /• £ s. d. By Interest on loans to — lo Interest on investments, transferred to Sinking Settlers 38 243 11 I Fund Account 95,340 0 7 Workers.'.' " " 5 0 Local bodies .. .. 15,'087 15 2 55,278 11 3 Less overdue and accrued at 31st March, 1934 .. 37,496 0 7 t , . , ~ , 17,782 10 8 Interest on bank balances .. .. 6 17 Interest on temporary advances to Settlers Branch .. .. .. __ 43,296 13 4 Interest on outstanding payments .. .. 2 0 8 Interest overdue at 31st March, 1935, on loans to — £ s . d . Settlers .. .. .. 19,976 11 10 Workers .. .. .. 1,228 17 11 Local bodies .. .. 1 1 707 8 4 T , , , 22,912 18 1 Interest accrued at 31st March, 1935, on loans to— Settlers .. .. .. 8,655 9 2 Workers .. .. .. 468 12 1 Local bodies .. .. 2,215 15 0 11,339 16 3 £95 ' 340 0 7 G. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby — J. H. Fowler, Deputy Controller and Auditor-General.

100

B.—l [PT. IY

STATE ADVANCES OFFICE —continued. MISCELLANEOUS BUSINESS BRANCH. —HOUSING ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1935. Liabilities. Assets. £ s. d. £ s. d. Investment Account — £ s. d. £ s. d. Sundry loans .. .. .. 412,388 9 4 Advances not due— Less loan liability redeemed and Dwellings purchased ..251,906 1 2 discharged from Consolidated Sections purchased .. .. 1,095 0 8 Fund .. .. .. 19,468 9 4 Advances .. .. 126 12 2 253,127 14 0 392,920 0 0 Instalments of principal overLess loan liability redeemed by due — Public Debt Repayment As- Dwellings purchased .. 6,947 0 0 count .. .. .. 100 0 0 Sections purchased .. 139 2 1 ■ 392,820 0 0 Advances .. .. .. 33 17 1 Liability to Consolidated Fund in terms of sec- 7,119 19 2 tion 22, Finance Act, 1926 .. .. 100 0 0 Sundry creditors .. .. .. ..* 710 Principal owing by mortgagors .. .. 260,247 13 2 Suspense Account .. .. .. 163 8 3 Dwellings let .. .. .. .. 30,222 10 11 Insurance Fund .. .. . - • • 9,206 8 3 Freehold land .. .. .. .. 26,494 5 2 Interest on loans — £ s. d. Sinking Fund investments held by Public Debt Overdue .. .. .. 5,668 15 1 Redemption Fund .. .. .. .. *4,892 5 4 Accrued .. .. .. 5,129 11 6 Insurance Fund investment held by Settlers Branch 7,844 7 4 10,798 6 7 Sundry debtors .. .. .. .. 1,105 11 0 Reserve for bad debts .. .. .. 19,880 18 11 Interest on dwellings and land— £ s. d. Sinking Fund .. .. .. ■. 1,537 5 6 Overdue .. .. .. 7,733 1 2 Accrued .. .. .. 73 5 4 7,806 6 6 Rent overdue .. .. .. . .. 2,028 5 0 Insurance premiums— Overdue .. .. .. 490 0 7 Paid in advance .. .. 208 17 9 698 18 4 Realization Suspense Account .. .. .. 9,738 16 6 Profit and Loss Account .. .. .. 79,551 7 5 Cash in hand and in bank at 31st March, 1935 .. 3,883 110 £434,513 8 6 £434,513 8 6 * This amount includes the sum of £3,354 19s. 10d., capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account fob the Year ended 31st March, 1935. Dr. £ s. d. Gr. £ s. d. To Management Expenses Account .. .. 1,665 53 By Interest Account: Gross profits .. .. 1,331 610 Dwellings maintenance .. .. .. 1,483 8 7 Balance: Loss for the year.. .. .. 1,817 7 0 £3,148 13 10 £3,148 13 10 £ s. d. £ s. d. To Balance as at 31st March, 1934 .. .. 77,777 11 4 By Profits from loans to Employers for Workers' Loss for the year .. .. .. .. 1,817 7 0 Dwellings Account .. .. .. 43 10 11 Balance .. .. .. .. .. 79,551 7 5 £79,594 18 4 £79,594 18 4 Interest Account for the Year ended 31st March, 1935. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest on loans .. .. 13,677 8 2 By Interest on land and dwellings 12,504 15 4 Less accrued at 31st March, Less overdue and accrued at 1934 .. .. 5,063 410 31st March, 1934 .. 7,917 211 8,614 3 4 4,587 12 5 Interest on loans accrued but not due .. 5,12911 6 Interest on amounts temporarily transferred to Balance: Gross profits transferred to Profit and Settlers Branch .. .. .. .. 2,660 8 4 Loss Account .. .. .. •• 1,331 610 Interest on bank balances .. .. .. 20 14 5 Interest on dwellings and land — £ s. d. Overdue at 31st March, 1935 7,733 1 2 Accrued but not due at 31st March, 1935 .. .. 73 5 4 — 7,806 6 6 £15,075 1 8 £15,075 1 8 Management Expenses Account for the Year ended 31st March, 1935. Dr. £ s. d. Gr. £ s. d. To Audit Office services .. • • • ■ 90 0 0 By Balance transferred to Profit and Loss Account 1,665 5 3 Cleaning, lighting, heating, and messenger services 25 0 0 Fees paid for special services in respect of securities 51 12 0 Postages and telegrams .. .. • • 40 0 0 Post Office services .. .. . • 60 0 0 Printing and stationery .. .. .. 50 0 0 Public Service Superannuation Fund contribution 40 0 0 Rent .. .. •• • • • • 50 0 0 Salaries .. .. • • • • .. 1,198 0 0 Solicitors' costs .. .. ■ . • ■ 10 13 3 Valuation Department: Agency work . . 50 0 0 £1,665 5 3 £1,665 5 3 G. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position a? disclosed thereby. — J. H. Fowler, Deputy Controller and Auditor-General.

101

B.—l [PT. IV],

STATE ADVANCES OEFlCE—continued. LOANS TO EMPLOYERS FOR WORKERS' DWELLINGS ACCOUNT. Statement of Liabilities and Assets as at 31st Maech, 1935 —NIL. The investments under this account have been repaid and the relative loan liability redeemed. The Sinking Eund and Sinking Fund investment have been transferred to Part I of the Act (Housing Account). Profit and Loss Account fob the Year ended 31st March, 1935. Dr. £ s. d. Gr. £ s. d. To Administration expenses .. .. 10 0 0 By Balance : Loss for the year .. .. .. 31 8 0 Balance: Interest Account .. .. 21 8 0 £31 8 0 £31 8 0 £ s. d. £ s. d. To Loss for the year .. .. . . 31 8 0 By Balance as at 31st March, 1934 .. .. 70 19 11 Balance—Profits transferred to Part lof the Act Income-tax refunded .. .. .. .. 3190 (Housing Account) .. .. .. .. 43 10 11 £74 18 11 £74 18 11 Interest Account for the Year ended 31st March, 1935. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest on loans .. .. .. 116 511 By Interest on mortgages .. .. 427 17 11 Less accrued at 31st March, 1934 .. 33 11 8 Less interest on mortgages overdue 82 14 3 at 31st March, 1934 .. .. 370 10 0 — 57 7 11 Interest on temporary advances to Settlers Branch .. 3 18 4 Balance—Transferred to Profit and Loss Account .. 21 8 0 £82 14 3 £82 14 3 Management Expenses Account for the Year ended 31st March, 1935. Dr. £ s. d. Gr. £ s. d. To Administration expenses .. .. 10 0 0 By Balance transferred to Profit and Loss Account . . 10 0 0 £10 0 0 £10 0 0 G. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. — J. H. Fowler, Deputy Controller and Auditor-General.

102

B. —1 [PT. IV].

STATE ADVANCES OFFICE —continued. FISHING-INDUSTRY PROMOTION ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1935. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 2,521 19 2 Investment Account: Instalments oi principal overLess loan liability redeemed and due . ** , t>' discharged from Consolidated Sinking Fund investments held by Public Debt Fund . •• 1,036 19 2 Redemption Fund .. .. • • •• 59 1 j Interest on bills of sale overdue.. .. •• o l o 1,485 0 0 Sundry debtors .. •• •• •• 19 5 0 Less loan liability redeemed by Profit and Loss Account •' " . ? Public Debt Repayment Account 1,060 0 0 Cash m hand and m bank at 31st March, 1935 .. 1,094 19 6 425 0 0 Liability to Consolidated Fund in terms of section 22, Finance Act, » 1926 1,060 0 0 Interest on loans — Overdue .. • • • • 0 10 0 Accrued .. • • • • 5 10 10 6 0 10 Sinking Fund .. .. ■ • • • 17 17 9 £1,508 18 7 £1,508 18 7 » This amount includes the sum of £41 3s. 5d., capital paid into the Sinking Fund in accordance with the Public Deht Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1935. Or £ s. d. Or. £ s - To Management Expenses Account .. .. 15 00 By Balance: Loss for the year 21 010 Balance: Interest Account .. .. • • 6 010 £2! o 10 £21 0 10 £ s. d. £ s - d - To Balance at 31st March, 1934 238 7 2 By Income-tax: Refunded 7 5 3 Loss for the year .. .. ■ • • • 21 010 Balance .. .. • • • ■ • • £259 8 0 £259 8 0 Interest Account for the Year ended 31st March, 1935. Dr . £ s. d. £s. d. Gr. £ s. d. £s. d. To Interest on loans .. .. .. 14 17 6 By Interest on bills of sale .. .. 210 0 Less accrued at 31st March, 1934 .. 510 10 Interest on temporary advances to 9 6 8 Settlers Branch .. .. .. 8 16 8 Interest on loans accrued but not due .. .. 5 10 10 Interest on bills of sale overdue at 31st March, 1935 .. .. .. 8 J 8 19 8 4 Less interest on bills of sale overdue at 31st March, 1934 .. 10 11 8 8 16 8 Balance transferred to Profit and Loss Account .. 6 0 10 £14 17 6 £14 17 6 Management Expenses Account for the Year ended 31st March, 1935. Or £ s. d. Or. £ s. d. To Administration expenses .. .. •• 10 0 0 By Balance transferred to Profit and Loss Account .. 15 0 0 Audit Office services .. .. •• ..500 £15 0 0 £15 0 0 G. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. J. H. Fowler, Deputy Controller and Auditor-General.

103

B.—l [PT. IV].

STATE ADVANCES OFFlCE—continued. FRUIT-PRESERVING INDUSTRY ADVANCES ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1935. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Investment Account— Sundry loans .. .. 43,858 14 3 Advances not due .. .. 23,555 6 3 Less loan liability redeemed Instalments of principal and discharged from Con- overdue .. .. 4,134 4 9 solidated Fund . . . . 6,008 14 3 Principal owing by mortgagors .. .. .. 27,689 11 0 37,850 0 0 Properties acquired .. .. .. .. 4,212 8 6 Less loan liability redeemed by Sundry debtors .. .. .. .. 6 6 0 Public Debt Repayment Ac- Half-yearly instalments postponed— £ s. d. count .. .. .. 5,000 0 0 Interest .. . . .. 299 15 0 32,850 0 0 Principal .. .. .. 500 0 0 Liability to Consolidated Fund in terms of sec- 799 jg q tion 22, Finance Act, 1926 .. .. .. 5,000 0 0 Sinking Fund investments held by Public Debt Suspense Account .. . . .. .. 39 19 10 Redemption Fund .. .. .. .. *888 8 1 Income-tax Suspense Account .. .. .. 38 11 8 Interest on mortgages — £ s. d. Interest on loans accrued .. .. .. 428 8 1 Overdue .. .. .. 2,708 9 2 Reserve for bad debts .. .. .. 3,839 11 8 Accrued .. .. .. 241 18 9 Sinking Fund .. .. .. .. 275 11 3 2,950 7 11 Profit and Loss Account .. .. .. 3,678 17 10 Cash in hand and in bank at 31st March, 1935 .. 2,246 8 2 £42,472 2 6 £42,472 2 6 * This amount includes the sum of £612 16s. 10d., capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ 8 . d. To Management Expenses Account .. .. 123 12 0 By Interest Account: Gross profits .. .. 259 11 9 Income-tax .. .. .. .. .. 38 11 8 Balance : Net profits for the year .. .. 97 8 1 £259 11 9 £259 11 9 £ s * d. £ s. d. To Balance as at 31st March, 1934 .. .. 3,809 6 8 By Net profits for the year .. .. .. 97 8 1 Income-tax refunded .. .. .. .. 33 0 9 Balance .. .. .. .. .. 3,678 17 10 £3,809 6 8 £3,809 6 8 Interest Account for the Year ended 31st March, 1935. Dr. £ s. d. £ s. d. Cr. £ s . d. £ s. d. To Interest on loans .. .. 1,149 15 0 By Interest on mortgages .. .. 1,405 011 Less accrued at 31st March, 1934 428 8 I Interest on mortgages— 721 6 11 Overdue at 31st March, 1935 .. 2,708 9 2 Interest on loans accrued but not due . . .. 428 8 1 Accrued at 31st March, 1935 .. 241 18 9 Balance : Gross profits transferred to Profit and Loss Account .. .. .. .. 259 11 9 4,355 810 Less interest overdue and accrued at 31st March, 1934.. 2,958 10 5 1,396 18 5 Interest on temporary advances to Settlers Branch 12 8 4 £1,409 6 9 £1,409 6 9 Management Expenses Account fob the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ g . d. To Administration expenses .. . . . . 118 12 0 By Balance transferred to Profit and Loss Account .. 123 12 0 Audit Office services .. .. . . . . 5 0 0 £123 12 0 £123 12 0 G-. E. Miller, Superintendent. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. J. H. Fowler, Deputy Controller and Auditor-General.

104

B. —1 [Ft. IV].

STATE ADVANCES OFFICE —continued. COLD-STORAGE ADVANCES ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1935. T . Assets. Liabilities. £ s. d. Ifi too 0 0 Investment Account: Advances not due •• 12,517 18 7 Sundry loans . . •• - 30 " ,u Sinking Fund Investments held by Public Debt BeLess loan liability redeemed and Xmltion Fund .. •• •• 346 8 5 rl i arsed from Consolidated. t . < £ s d Fund 7,500 0 0 mortgages- , j 0 3 11 4 29,000 0 0 Accrued 195 9 5 , 399 0 9 Less loan liability redeemed by Sundrv debtors ' 33 5 0 Public Debt Repayment Ac- Station Suspense Account 57 10 10 COUIIt 27,470 O 0 Profit and Loss Account .. •• 13,986 4 8 .0 i a nr\nn+ 7 500 0 0 Cash in hand and m bank at 31st March, 1935 .. Capital Reduction Account . . • • • • 4 > oyj v Liability to Consolidated Fund in terms oi section 22, Finance Act, 1926 .. ■■ " Interest on loans accrued • • ■ • • • j Reserve for bad debts .. • • ■ • • • ' Sinking Fund • • • • ■ • ' • ' 15 10 £37 ' 574 15 10 . This amount includes the sum of £588 Us. Id., capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account fob the Year ended 31st March, 1935. £ s d 'Or, £ s. d. r ' a 4. 115 o 0 Bv Balance: Loss for the year .. • • • • 368 8 7 To Management Expenses Account . . " « - Balance : Interest account ...... /5» » ' £368~8~~7 £368 8 7 £ s d £ s. d. To Balance as at 31st March, 1934 .. .0i B, la = -te ■■ ;; ;; 1 | Loss for the year .. • • ■ • ■ • — £13,990 19 4 Interest Account for the Year ended 31st March, 1935. , $ j p r £ s. d. £ s. d. Fir £ S. d. S. d. -np ,rj f> m T , 961 9 0 By Interest on mortgages .. //0 1/ o March,' 1934 !! 197 # 1935 .. 1,203 11 4 i ji , 197 11 3 Accrued at 31st March, 1935 .. 195 9 5 Interest on loans accrued but not due • • IJ ' 1 — 2,175 IB 3 Less overdue and accrued at 31st March, 1934 .. .. 1,508 12 10 667 5 5 Interest on temporary advances to Settlers Branch 40 15 0 Balance transferred to Profit and Loss Account .. "53 8 7 Management Expenses Account for the Year ended 31st March, 1935. £ s. d. Or. s " Dr. lin q q Bv Balance transferred to Profit and Loss Account .. 115 0 0 To Administration expenses • • • • *500 Audit Office services .. • • • • • • — £115 0 0 G. E. Miller, Superintendent. E. Robertson, Accountant. T , , ,-i! xi, i + i, O "Roinniap aVipft ,md accompanying accounts have been duly examined and compared »»»% —•». J. H. Eowler, Deputy Controller and Auditor-General.

14— B. 1 [PT. IV].

105

B.—l [PT. IV].

STATE ADVANCES OFFlCE—continued. REPATRIATION. Statement of Liabilities and Assets as at 31st March, 1935. Liabilities. Assets. t0 Redern P tlon Account as at Ist April, £ s. d. Investment Account : Principal £ s. d. .£ s d t " '' , 01 , '• •• 1 j290,182 2 1 owing on bills of sale .. .. 188,356 3 4 Less repayments to 31st March, 1935 .. 189,103 211 Less Suspense adjustments .. 145 12 4 ■ 188,210 11 0 T . 1,101,078 19 2 Interest on bills of sale overdue .. 4 482 I'' 11 'aLirslstXr'i'osr' 910f083 9 9 * hMdand bank at3lst March > 1935 •■ ' 959 ]5 5 Losses on realization for the year ended 31st March, 1935 .. . . . . 1,772 2 0 Management Expenses Account for the year ended 31st March, 1935 .. 1,012 16 5 912,868 8 2 Liability to Redemption Account as at 31st March, 1935 .. .. .. .. 188,210 11 0 Sundry creditors, Treasury— £ s. d. Interest .. .. . . 305 3 0 Principal .. .. .. 600 6 10 905 9 10 Suspense Account .. .. .. . . 54 5 7 Interest on advances from War Expenses Account overdue .. .. .. .. 4,482 12 11 £193,652 19 4 £193,652 19 4 Interest Account for the Year ended 31st March, 1935. To Interest paid to Treasury 493 H 9 By Interest'on bills of sale .. 836 A' *5 £ Interest m hand due to Treasury at 31st March, Interest on bills of sale overdue at T i 4. A" 4. rr " ;■ •• 3 Q 31st March, 1935 .. .. 4,482 12 11 Interest due to Treasury overdue at 31st March, 1935 •• • 4,482 12 11 5,318 14 4 Less overdue at 31st March, 1934 4,697 6 3 5,281 7 8 J Less interest due to Treasury overdue at , 31st March, 1934 .. .. .. 4,697 6 3 Less realizations: Interest .. 49 12 2 ; 571 15 11 Interest on bank balances .. .. 12 5 6 £584 j 1 5 £584 1 5 Management Expenses Account for the Year ended 31st March, 1935. ® r ' £ s. d. Cr $ j To Audit Office services 30 0 0 By Balance recouped in accordance with secCleaning and messenger services .. .. 35 0 0 tion 13 (3), State Advances Amendment Act, Commission 32 0 2 1922 .. .. 1 012 16 * Contingencies .. .. .. .. 0 9 11 ' '* *" 10 ° Postages and telegrams .. .. .. 80 0 0 Post Office services .. . . . . 115 0 0 Printing and stationery . . .. . . 25 0 0 Rent .. . . .. .. .. 90 0 0 Salaries .. .. .. .. .. 580 0 0 Solicitors' costs .. . . .. ~ 25 6 4 £1,012 16 5 £1,012 16 5 G. E. Miller, Superintendent. R. Robertson, Accountant. i certlf y at t]le Balance-sheet and accompanying accounts have been duly examined and compared books and documents submitted for audit, and correctly state the position as disclosed thereby - J. 11. lowler, Deputy Controller and Auditor-General.

106

B.—l [PT. IV].

NEW ZEALAND STATE COAL-MINES. Statement of Keceipts and Payments for the Year ended 31st March, 1935. Receipts. Payments. To Cash in Public Account at £ s. d. £ s. d. By James Colliery— £ s. d. £ s. d. Ist April, 1934 .. .. 3,301 7 4 Wages .. .. .. 12,652 12 9 Proceeds sale of coal, &c. .. 179,736 1 0 Special rate .. .. 241 12 0 Recoveries, refunds, &c. . . 2,209 7 8 Coal purchased .. . . 33 16 2 Royalties .. .. 7,806 19 8 Subsidized bus-fares .. 225 3 6 189,752 8 4 Electric power .. .. 423 17 11 Contracts —Deposits •• .. •• 30 0 0 13,577 2 4 Interest .. .. . • • • 2,578 2 6 Liverpool Colliery— Dishonoured cheques recredited .. .. 76 10 5 Property and development .. 612 11 Repayment of housing loans .. .. 773 15 10 Plant .. .. .. 37 7 5 * J Buildings .. .. 424 2 6 Cottages .. .. .. 111119 Stores and materials .. 12,960 15 6 Wages .. .. .. 50,700 11 7 Special rate .. .. 551 11 9 Railway tickets .. .. 1,505 0 0 Coal purchased .. . . 56 12 11 66,354 6 4 Mac Donald Colliery . . • . .. 3 111 Prospecting on State Coal Reserve .. .. .. 1,379 4 7 Seddonville Colliery Account . . 39 19 9 Wellington Depot Account .. 10,266 15 3 Christchurch Depot Account .. 21,546 10 0 Wanganui Depot Account .. 621 3 4 Coal purchased on account of depots (Suspense Account) . . 419 14 6 Cargo adjustments (co-operative coal) ' . . .. . . 016 3 34,274 3 8 Superannuation Fund subsidy. . .. 168 10 10 Management and office salaries 5,352 10 8 Interest . . . . . . 4,497 5 9 Travelling-expenses .. .. 106 6 8 Printing and stationery .. 148 3 9 Repairs and maintenance .. 2,810 7 7 Wharfage .. .. .. 2,379 11 3 Railway haulage .. .. 11,750 1 8 Marine freights . . .. 32,768 10 9 Postages and telegrams .. 192 4 5 Insurances . . .. .. 52 10 9 Rents . . .. .. 66 14 8 Compensation . . .. 3,938 5 10 Coal-miners' Relief Fund .. 254 8 3 General expenses .. .. 600 14 8 Sinking Fund instalment .. 8,509 19 1 Audit fees .. .. .. 323 0 0 Contracts —Deposits .. 5 0 0 Cheques dishonoured .. 76 10 5 Receiver-General's Deposit Account .. .. .. 30 0 0 — * 73,862 6 2 Cash in Public Account at 31st March, 1935 .. .. .. 8,272 13 2 £196,512 4 5 £196,512 4 5

107

B.—l TPT. IVI.

NEW ZEALAND STATE COAL-MINES—continued. Colliery Sales Accounts for the Year ended 31st March, 1935.

Colliery Working Accounts for the Year ended 31st March, 1935.

Colliery Profit and Loss Accounts for the Year ended 31st March, 1935.

Mac Donald Colliery Profit and Loss Account fob the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ g. d. To Interest .. .. .. .. .. 2,112 4 8 By Rents .. .. .. .. .. 250 18 9 Depreciation .. .. .. .. 1,204 1 5 Royalties .. .. .. .. .. 4,420 610 Legal expenses . . .. .. .. 165 16 0 3,482 2 1 Net profit—Transferred to General Profit and Loss Account .. .. .. 1,189 3 6 £4,671 5 7 £4,671 5 7

108

Dr. Liverpool. James. Gr. Liverpool. Jambs. £ s. d. £ s. d. £ s . d. £ s. d. To Railway haulage.. .. 8,178 19 8 3,007 12 6 By Sales of coal, f.o.r., f.o.b., and 110,744 8 8 34,885 6 6 Wharfage .. .. 1,687 14 6 735 6 9 e.i.f. Special rate .. .. 562'll 6 245 2 3 Marine freight .. .. 22,369 12 7 10,685 3 4 32,798 18 3 14,673 4 10 To Working Account—Sales of 77,945 10 5 20,212 1 8 coal net f.o.r. £110,744 8 8 £34,885 6 6 £110,744 8 8 £34,885 6 6

Dr. I Liverpool. J James. Cr. Liverpool. James. £ s. d. £ s. d. £ s . d. £ s. d. To Stocks on hand, 1st April, 4,553 3 11 720 15 9 By Sales Account—Sales of coal 77,945 10 5 20 212 1 8 1934 net f.o.r. Coal-winning— Sales of stores, &c. .. 4,005 16 2 Wages .. .. 51,900 15 10 13,144 11 7 Stocks on hand at 31st March, 2,757 2 11 441 6 5 Stores and materials used 4,981 10 6 615 4 3 1935, at mine, wharf, and Railways and bus fares .. 459 3 11 228 8 6 afloat Stores sales (at cost) .. 3,659 12 8 Coal purchased .. 52 2 5 40 9 5 Electric power .. .. 407 7 8 65,606 9 3 15,156 17 2 To Gross profit—To Profit and 19,102 0 3 5,496 10 11 Loss Account £84,708 9 6 £20,653 8 1 £84,708 9 6 £20,653 8 1

Dr. Livekpool. James. \ Cr. Liverpool. James. £ s. d. £ s. d. £ s . d. £ s. d. To Salaries .. .. 2,757 0 8 872 14 4 By Gross profit at mine .. 19,102 0 3 5,496 10 11 Rents .. . . . . .. 56 10 8 Rents .. .. .. 440 14 6 Interest .. .. 2,997 19 5 742 2 9 Net loss —Transferred to .. 724 13 8 Travelling-expenses .. 83 18 4 20 19 7 General Profit and Loss Printing and stationery . . 88 15 10 22 3 11 Account Repairs and maintenance.. 3,671 18 8 1,442 16 0 Telegrams and postages . . 156 16 3 39 4 1 Insurance .. .. 2,578 9 9 638 12 8 Coal-miners' Relief Fund.. 210 9 6 54 11 4 General expenses .. 451 9 10 133 8 9 Audit fees . . . . 135 5 7 33 16 5 Superannuation Fund subsidy 92 10 1 23 2 7 Depreciation .. .. 4,021 12 0 2,141 1 6 17,246 5 11 6,221 4 7 Net profit — Transferred to 2,296 8 10 General Profit and Loss Account — £19,542 14 9 £6,221 4 7 £19,542 14 9 £6,221 4 7

B. —1 [PT. IV].

Depot Profit and Loss Accounts for the Year ended 31st March, 1935.

NEW ZEALAND STATE COAL-MINES— continued. Depot Trading Accounts for the Year ended 31st March, 1935.

109

ttt n, Welliugtom. Chbistchtjkch. Wamganui. j) Tm Wellington. Christchubch. Wangantti. /r - ! j ' £ s. d. £ s. d. £ s. d. g 00 j9 d g 901 18 6 71 15 4 By Gross profit from Trading Account .. 5,986 1 0 5,701 14 8 195 4 9 T° Wages 1495 10 11 1 219 14 9 85 14 3 Net loss-To General Profit and Loss .. •• 314 1 7 Rent?.. :: :: :: *388 16 0 21112 Account Interest 296 3 2 115 3 \ qk o q Travelling expenses and allowances 85 6 6 82 13 b d y Repairs and maintenance .. .. 216 15 4 189 16 8 4Postages and telegrams .... 61 5 0 51 5 3 U 11 1 Printing and stationery .. .. 56 4 8 6- 8 4 4 3 Insurances • ■ 21 11 1 27 19 4 5 19 4 Ca~ :: •• •• 1,125 3 11 1,242 ,4 7 49 13 5 Sacks .. ■■ •• 76 13 7 111 0 9 11 3 0 General expenses • • • • 250 13 3 92 10 9 41 11 4 Audit fees .. • • • • 65 14 0 59 8 0 28 16 0 Superannuation Fund subsidy .. 25 9 0 25 9 0 J r Reserve for bad debts . . .. 26 8 10 9 15 10 75 14 1 Depreciation 996 4 10 422 14 9 20 11 3 5,718 12 9 4,738 5 6 509 6 4 Net profit —To General Profit and Loss 267 8 3 963 9 2 .. I AC ° 0Unt " £5,986 1 0 £5,701 14 8 £5,986 1 0 j £5,701 14 8 J609__6_^_

T-rr _ n r Wellington. Christchurch. j Wanganui. j)r t Wellington. | Christchurch. Wanganui. i. r • j | To Stocks on hand, 1st April, 1934 .. M89 13 H 5,458 1 10 345 12 0 By Sate .. ;; 90,173 10 5 43,514 9 10 1,570 19 7 Purchases of firewood, coke, &c. .. IS 9 8 IS» 9 5 38 17 3 Stolon hand at 31st March, 1935- g lg g 3>279 0 () :: :: m I" nA I \ 6 i7 5 :: .. '157125 542 4 0 Wages —Discharging . . • • 151 4 9 204 2 1 — 90,663 6 10 42,909 15 6 1,489 18 6 j Gross profit — To Profit and Loss 5,986 1 0 5,701 14 8 195 4 9 AC0OTint £96,649 7 10 V 10 £18,611 10 2 £1,685 3 3

B.—l [PT. IV],

NEW ZEALAND STATE COAL-MlNES—continued. General Profit and Loss Account fob the Year ended 31st March, 1935. ■Dr. Cr T ° N James Colliery T2i n £ b. d. By Net profit- £ s . d . £ g. d. w -in i " " Liverpool Colliery .. ~2 296 810 Wanganm Depot .. .. 314 1 7 Mac Donald Colliery .. ]JB9 3 6 s >, AT , „ : 1,038 15 3 Wellington Depot .. .. 267 8 3 Balance-Net profit lor year earned down .. 13,005 8 5 Christchurcli Depot 963 9 2 v . . 4,716 9 9 JNet recoveries— Seddonville Colliery .. 18 15 5 Royalties .. '.. .. 4,464 5 9 —- 4,483 1 2 JNet revenue from hire of piant, buildings, &c... 25 3 10 Interest on investments .. .. 4,819 81] £14,044 3 8 £14,044 3 8 To Sinking Fund Account for redemption of loan £ s d capital 8,509 19 I By Net profit for year .. 13 005 8 <5 Balance—Net surplus for year .. .. 4,495 9 4 '' iiS > W0 ° t> £13,005 8 5 £13,005 8 5

110

B—l. [PT. IV],

NEW ZEALAND STATE COAL-MINES— continued. Balance-sheet as at 31st March, 1935. Liabilities. Assets. Loan capital— £ s. d. £ s. d. Collieries. £s. d. £ s. d. Loans at 3 1 per cent. .. .. .. .. .. 416 13 4 Development and Property Accounts .. .. .. 99,727 1 1 Loans at 4 per cent. .. .. .. .. .. 105,416 13 4 Machinery, plant, ropes, and rolling-stock .. 28,032 10 5 105,833 6 8 Electrical plant (James Colliery) .. .. .. .. 3,507 1 7 Accrued interest on loan capital .. .. .. .. .. 426 4 0 Buildings at mines .. .. .. .. .. 5,561 9 6 Departmental. Sundry. Cottages at mines .. .. .. .. .. 3,912 19 3 Sundry creditors— £ s. d. £ s. d. Plantations at mines .. .. .. .. .. 1,781 IS . I Liverpool Colliery .. .. 222 11 5 5,944 7 10 6,166 19 3 Coal stocks (bins, wharf, and afloat) .. . .. .. 3,198 9 4 James Colliery .. .. .. 66 10 1 5,385 19 5 5,452 9 6 Stores on hand .. .. .. .. .. .. 7,815 0 9 Mac Donald Colliery .. .. 165 16 0 165 16 0 153,536 10 0 Wellington Depot .. .. 13 11 5 463 3 4 476 14 9 Plant, equipment, &c., on hire ~ .. .. .. .. 790 1 5 Christ church Depot .. .. 508 197 21442 723 3 9 Depots : Property Accounts .. .. .. .. .. 9,475 12 2 811 12 6 12,173 10 9 12,985 3 3 Stocks and stores on hand .. .. .. .. .. 6,504 0 5 Deposits on contracts .. .. .. .. .. .. 1,100 0 0 „ 15,979 12 7 Sinking Fund .. .. .. .. .. .. .. 8,590 13 8 Prospecting on State Coal Reserve .. .. .. .. .. 8,503 10 6 Reserves Sinking Fund investments .. .. .. .. •• .. 8,590 13 8 General Reserve .. .. .. .. .. 169,109 9 7 Housing advances to workmen .. . . .. . - 8,134 12 2 Bad Debts Reserve .. .. .. .. .. 828 19 1 Interest accrued due .. .. .. .. .. 116 19 8 Accident Insurance Reserve .. .. .. .. 6,161 10 9 8,251 11 10 176,099 19 5 Investments (ordinary) .. .. .. .. .. 62,800 0 0 General Profit and Loss Account— Interest accrued due .. .. .. .. .. 276 14 7 Net surplus f<>r year .. .. .. .. .. .. 4,495 9 4 63,076 14 7 Departmental. Sundry. Sundry debtors— £ s. d. £ s. d. Liverpool Colliery.. .. .. 11 14 0 3,178 11 6 3,190 5 6 James Colliery .. .. .. .. 29 7 1 29 7 1 Mac Donald Colliery .. .. .. 2,392 17 10 2,392 17 10 Wellington Depot .. .. 446 19 1 33,091 16 8 33,538 15 9 Christchurch Depot .. .. 4 11 6 2,310 19 10 2,315 11 4 463 4 7 41,003 12 11 41,466 17 6 Less provisionally written off .. .. .. .. 37 8 U 41,429 8 7 Cash in Receiver-General's Deposit Account .. .. .. .. 1,100 0 0 Cash in Public Account .. .. .. .. .. 8,272 13 2 £309,530 10 4 £309,530 16 4 A. W. Gyles, A.R.A.N.Z., Accountant. Chas. E. Macmillan, Minister of Mines. r I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss Account, and Balance-shee thave been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that no charge for the cost of exchange on payments made in London is included in the account.— J. H. Fowler, Deputy Controller and Auditor-General.

111

B.—l [PT. IV].

STATE FIRE INSURANCE OFFICE. Revenue Account of the State Fire Insurance Office for the Year ended 31st December, 1934. £ s. d. | £ s. d. Premiums after deduction of reinsurances .. 200,580 14 8 ; Bonus rebate to policyholders .. .. 41,210 12 0 Premium on conversion of securities .. .. 44 11 1 Losses by fire and earthquake (after deduction of Other receipts — £ s. d. reinsurances) .. .. .. .. 54,750 16 7 Interest, commission, and rent 44,130 17 3 Income-tax .. .. .. .. 34,929 3 8 Less land-tax .. .. 380 9 2 Commission .. .. .. .. 8,838 11 4 43,750 8 1 Salaries .. .. .. .. .. 27,352 14 0 Contribution to Public Service Superannuation Fund .. . . .. .. .. 527 1 0 Contribution to Fire Boards under the Fire Brigades Act, 1908 .. .. .. 7,939 19 11 Expenses of management — £ s. d. Travelling-expenses .. .. 4,044 15 6 Printing, stationery, and advertising .. .. 1,429 0 4 Rent .. .. .. 1,492 9 8 Exchange .. .. .. 45 11 8 Postages, telegrams, cablegrams, and sundry charges .. 4,932 8 3 11,944 5 5 Office equipment .. .. .. .. 1,574 16 5 Office premises : Depreciation .. .. 2,835 8 4 191,903 8 8 Payment to New Zealand Treasury under section 5, Finance Act, 1931 (No. 2) .. .. . . 871 2 9 Office premises: Written off .. .. . . 26,000 0 0 ■ Amount of fire-insurance funds at end of year .. 25,601 2 5 £244,375 13 10 £244,375 13 10 Balance-sheet of the State Fire Insurance Office on the 31st December, 1934. Liabilities. £ s. d. Assets. £ s. d. Capital authorized by the State Fire £ Government securities .. .. .. 414,942 16 2 Insurance Act, 1908 .. .. 100,000 Local-authority securities .. .. ... 158,707 9 1 Less not raised .. .. .. 100,000 Rural Advances bonds .. .. .. 14,175 0 0 Nil. Fixed deposits and at short call .. .. 187,000 0 0 Bad Debts Reserve.. .. .. •• 1,500 0 0 Land and buildings .. .. .. 125,657 10 2 Reserve Fund .. .. .. .. 717,340 16 0 Outstanding premiums .. .. .. 11,440 6 5 Investments Fluctuation Reserve Fund .. 59,000 0 0 Interest accrued but not due .. .. 8,999 311 Reserve for unearned premiums .. .. 104,246 9 11 Rent accrued or due .. .. .. 252 4 5 Bonus Rebate Reserve .. .. .. 49,000 0 0 Rent overdue .. .. .. .. 7493 Reinsurance Reserve Fund .. . . .. 60,000 0 0 Cash in Reserve Bank of New Premium and other deposits .. .. 926 19 11 Zealand at Wellington, or in £ s. d. Outstanding fire and earthquake losses .. 5,629 0 0 transit to Wellington .. 147,288 6 10 Government taxes .. .. .. .. 24,774 14 6 Imprest Account balances : Head Sundry creditors .. .. .. .. 10,002 19 10 Office and branches .. .. 589 14 2 Other amounts owing by the Office — £ s. d. 147,878 1 0 Reinsurance premiums due .. 7,946 19 3 Commission .. .. . • 1,559 19 7 Printing, stationery, and advertising .. • • • ■ 25 4 6 Postages and sundrv charges .. 1,572 14 6 11,104 17 10 Fire-insurance funds, as per Revenue Account .. 25,601 2 5 £1,069,127 0 5 £1,069,127 0 5 J. H. Jerram, General Manager. L. H. Osborn, Deputy General Manager. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — J. H. Fowler, Deputy Controller and Auditor-General.

112

B. —1 [PT. IV]

STATE FIRE INSURANCE OFFlCE—continued. Revenue Account of the Accident Branch of the State Fire Insurance Office for the Year ended 31st December, 1934. £ s. d. | £ s. d. Premiums after deduction of reinsurances .. 84,727 8 8 Free-year bonus on personal accident policies .. 255 7 1 £ s. d. Claims .. .. .. .. .. 62,034 16 10 Interest .. .. .. 15,170 6 0 Commission .. .. .. .. .. 3,522 12 3 Less land and income tax .. 5,503 18 2 Salaries .. .. .. .. .. 10,997 10 0 9,666 7 10 Contribution to Public Service Superannuation Premium on conversion of securities .. .. 157 2 9 Fund .. .. .. .. .. 172 10 0 Expenses of management .. .. .. 3,270 0 6 80,252 16 8 Payment to New Zealand Treasury under section 5, Finance Act, 1931 (No. 2) .. .. 293 10 0 Appropriation to Reinsurance Reserve ..' .. 10,000 0 0 Amount of Accident Funds, 31st December, 1934 4,004 12 7 £94,550 19 3 £94,550 19 3 Balance-sheet of the Accident Branch of the State Fire Insurance Office as on the 31st December, 1934. Liabilities. £ s. d. Assets. £ s. d. Accident funds, as per Revenue Account .. 4,004 12 7 Government securities .. .. .. 163,502 15 8 Outstanding accident claims .. .. .. 48,459 0 0 Local-authority securities .. .. .. 120,427 15 9 Government taxes .. .. .. .. 6,111 10 9 Rural Advances bonds .. .. .. 14,425 0 0 Commission .. .. .. .. 345 4 1 Property under agreement for sale and purchase .. 3,980 0 0 Premium and other deposits .. .. .. 131 13 5 Fixed deposits and at short call .. .. 40,000 0 0 Sundry creditor» .. .. .. .. 98 4 9 Interest accrued but not due .. .. .. 3,761 4 3 Reinsurance premiums due .. .. .. 56 13 11 Interest overdue .. .. .. -. 199 0 0 Officers' Fidelity Fund .. .. .. 500 0 0 Agents'balances .. .. .. .. 1,632 18 7 Reserve for Unearned Premiums .. .. 47,220 13 10 Sundry debtors, including Motor-vehicles InsurInvestment Fluctuation Reserve .. .. 41,000 0 0 ance (Third-party Risks) Act pool .. .. 51,099 13 2 Reinsurance Reserve .. .. .. 10,000 0 0 Cash in hand on current account .. .. 12,686 17 2 Bad Debts Reserve .. .. ■ ■ • ■ 1,000 0 0 Reserve Fund constituted under section 6 of the Government Accident Insurance Amendment Act, 1924 252,787 11 3 £411,715 4 7 £411,715 4 7 J. H. Jerram, General Manager. L. H. Osborn, Deputy General Manager. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

15— B. I [PT. IVI.

113

B. —1 [Pt. IV]

Note. £ s. d. Main Balance-sheet: Plantations .. .. .. .. .. 3,328, 898 5 2 £ s. d. Value of buildings, &c., above .. .. .. .. 178,933 0 7 Debt on planted area .. .. .. .. .. 3,149,965 4 7 —^— 3,328,898 5 2

STATE FOREST SERVICE. Summary of Plantation Operations to 31st March, 1935.

114

Expenditure. Receipts. \ \ Compound , j j I I Valnp nf I Atoqq Cost Age of I 3C. costm5 - oSS.! sssssa j —• j S? [ sggsi I p-,| ~- Maramarua .. . 58,535 0 *7 12,970 18 1 : i 4,084 2 % 889 2 *5 1,551 19 *0 78 JJ.31 3 % 214 6 4 24 3 'ā 7,694 14 *6 70,097 19 *2 78 031 3 *5 129«} 5 8 If Riyerhead .. .. 54,103 16 5 13,334 17 9 7,892 17 11 1,774 6 9 1,042 8 8 78,148 7 6 813 19 9 61 12 4 6,586 15 1 70,686 0 4 78 148 7 6 11 613 6 19 9 £ - rUa " '• 3 637 14 8 9 >361 13 0 11,981 10 3 1,408 12 9 1,062 12 11 82,452 3 7 320 6 3 28 14 6 14,153 15 4 67.949 7 6 82'45*> 3 7 lo'945 6 4 2 6 Kamgaroa .. .. 8 0149,643 4 1 128,470 9 9 63,381 9 7 42,856 4 8 769,542 16 1 3,233 5 10 1,031 9 10 34,438 17 5 730,839 3 0 769' 542 16 1 ?64'961 2 15 2 ~>i Sff apU '• •' 16 '2 25 12 18 9 25,906 0 6 48,527 2 3 5,284 9 3 321,337 2 11 1 827 9 5 1 075 7 10 5 441 15 0 312 992 10 8 321 337 2 1 7 387 42 7 7 37 S™ '• ™'onf *2 n't? o « MĪ J U a 4 } 9 ° 7 ' 171 9 8 376 ' 28618 1 341 0 0 4 5 7,' 8 33 2 3 358>08 11 5 m,' 286 18 1 gfll 11 3 36 •• •• 59,903 3 11 13,734 9 6 16,621 14 6 2,474 15 6 3,489 13 9 96,223 17 2 871 10 7 186 12 0 15,609 9 7 79,556 5 0 96,223 17 2 18,669 4 5 3 9 South Island. P^w, 1 'i ,OWnS " 322° t 51 !?' 636 3 10 34 *' 644 17 3 4,176 11 10 5,446 3 7 137,764 3 3 803 9 11 79 0 5 19,058 5 1 117.823 7 10 137,764 3 3 20 223 5 16 6 8 Balmoral .. .. 114,674 2 0 45,117 9 11 36,672 10 8 17,542 19 0 9,117 15 11 223,124 17 6 3,719 12 0 917 1 7 11,348 13 11 207 139 10 0 223 124 17 6 22'l96 9 6 8 18 '• 3 338 0 IiH 3014 4 17,514 7 0 3,913 7 9 7,775 19 11 124 9 7 283 12 5 29 2 4 11 [stl 2 4 H3,148 12 6 124,772 9 7 19 119 5 18 4 ? S ™ r •• 117,862 1 5 76,048 2 1 23,102 0 5 22,786 8 1 12,113 7 0 251,911 19 0 5,792 7 1 1,977 1 2 11,181 13 7 232 960 17 2 *>5l'911 19 0 8'll9 28 14 7 33 Biue Mountains .. 45,607 1 0 13,277 5 1 16,752 3 0 5,979 10 10 807 0 7 82 1423 0 6 727 3 4 141 19 8 6 234 5 10 75 329 11 8 82 423 0 6 9'ō74 7 17 I 11 omcal Hills .. .. 83 > 683 5 6 81,056 8 6 23,101 7 1 36,677 12 1 11,518 19 1 236,037 12 3 4,881 16 11 4,226 3 9 9,502 1 3 217,427 10 4 236'o37 12 3 4'325 50 5 5 32 Dusky and Greenvale .. 71,535 6 4 66,900 9 9 29,185 9 8 34,040 10 4 7,327 16 4 208,989 12 5 2,624 19 9 927 7 11 5,857 0 3 4 6 208 989 12 5 4 753 41 19 9 36 n ■■ •• 37,100 10 5 32,066 16 6 27,451 17 9 32,324 13 2 3,752 9 5 132,696 7 3 1,470 9 11 438 7 2 3 514 5 0 127 273 5 2 132'696 7 3 3'594 35 8 3 35 Pebbly Hills .. .. 14,741 12 11 1,861 11 6 12,128 13 0 1,647 8 3 '526 6 2 30 ;905 11 10 ' 2 38 9 9 14 12 7 3 i064 14 5 15 Ī S9O5 J 10 Ifm 6 3 2 4 Expebimental Stations. Waipoua .. .. 2,505 8 0 50 15 5 457 12 0 20 11 10 15 19 5 3,050 6 8 .. .. 517 18 4 2 532 8 4 3 050 6 8 1 117 2 5 4 1 Erua '• ■' 12 All ? ? 6 ? t 9 3 0 325 4 5 2 °' 755 11 8 411 8 10 115 10 11 47717 « 14 5 20';?55 lī 8 '966 20 111 17 t~V *" "" 4,329 1 7 519 7 7 1,589 1 5 145 4 4 .. 6,582 14 11 .. .. 165 7 7 6 417 7 4 6 582 14 ]1 2 568 2 10 0 7 Dumgree .. .. 15,714 16 4 19,563 0 6 3,998 9 4 8,616 5 1 9,277 5 9 57,169 17 0 4,106 17 3 3,550 13 1 379 2 2 49'l33 4 6 57 169 17 0 342 143 13 3 32 Galloway " ' q ,n I 0 10 ' 2 ™ " t 9 ?° 17 I 132 13 7 40 > 553 6 6 «5 10 ' 1 9 11 1,501 6 2 39,0W 4 7 To'Ml 6 6 3,017 !l ll 8 ĪI n . 7 '' '' 68 19 10 8o 8 9 16 0 0 19 7 9 0 9 9 190 6 1 .. .. 12 4 6 178 1 7 190 61 2 8Q010 1Q '• i' !,S ? 3 > 2 ? 8 2 2 7 ' 32 o 6 811 18 10 22 ' 01113 1 2 > 694 15 4 2,308 16 8 97 5 0 16,910 16 1 22,011 13 1 93 1 1 34 "na :: :: %° 1 1 o I ll « o m l 'i 18 l 11 14 0 30 6 6 "? ° 4 5 > 41817 3 «.«39.18 1 i 80 30 2 1 33 T i 6 Do O U 1 o Z 11 14 7 988 8 9 . . . . 11 7 9 977 1 0 Q88 8 Q 11 cc 1« K 9a OmSma " " % 'oo " ' " " 32 16 8 " " 32 16 8 32 16 8 26 umarama .... 70 0 0 .. . . ... 70 0 0 .. 70 0 0 70 0 0 apanm • 4 ' 009 1 1 171 15 8 •• 46 13 2 4,227 9 11 325 2 3 7 5 9 2,738 3 9 1,156 18 2 4,227 9 11 'l95 6*i8 8 _ 2 1,598,602 6 2863,522 3 5459,276 9 4 336,866 16 1 133,652 16 83,391,920 11 8 41,745 2 921,277 3 9 178,933 0 7 3,149,965 4 73,391,920 11 8 : : t : _ ! I

B. —i [Pt. iy;

STATE FOREST SERVICE— continued. Summary of Nursery Tree-growing Operations for the Year ended 31st March, 1935.

Nursery Balance-sheets as at 31st March, 1935.

115

Dr. O. RtneVs nf Trees Purchase of . j Stocks ol Seeds Stores Seed and Operational Interest JProfit to Kente Sale of Trees and Seed Tn ,„ nT . Trees, Seeds, Wurserv and Seed-beds Transfer of Expenses and ; D epreciatlon . and Total - and Trees and transferred to w° s ? ™ and Stores Total. N SCTy ' aTatlstAprU, Tre^ om Land Rental. Grazin 8" Seed - Plantations, &e. at 31st March, 1984 ' Regions. £ s d £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Kaiiigaroa .. .. 6,233 13 7 271 18 11 909 5 3 18 8 3 229 5 7 .. 7,662 11 7 .. .. 3,076 11 4 .. 4,586 0 3 7,662 11 7 Rotorna 9 048 5 7 8 10 4 4,878 6 5 453 15 5 504 10 10 .. 14,893 8 7 125 0 0 149 19 9 5,179 5 0670 1 2 8,769 2 814,893 8 7 Karioi.. .. .. 3,189 3 6 79 4 5 221 12 0 60 10 0 155 10 4 .. 3,706 0 3 .. .. 2,414 12 5 .. 1,291 7 10 3,706 0 3 • Putorino 223 8 11 .. • • • • • • • ■ 223 8 11 .. .. 223 8 11 .. .. 223 8 11 Golden Downs " " 2,376 2 0 10l'i0 10 898 14 7 62 17 4 117 1 4 .. 3,556 6 1 .. 39 4 9 1,688 8 2 .. 1,828 13 2 3,556 6 1 Westland . 6.167 1 8 .. 193 4 1 347 10 11 313 0 7 .. 7,020 17 3 51 13 9 .. 6,780 17 1150 16 5 37 10 0 7,020 17 3 Hanmer .. .. 1,005 11 10 71 13 6 627 18 9 39 1 3 52 5 8 .. 1,796 11 0 .. 27 0 0 1,212 6 3 13 15 3 543 9 6 1,796 11 0 28,243 7 1 532 18 0 7,729 1 1 982 3 21,371 14 4 .. 38,859 3 8 176 13 9 216 4 620,575 9 2 834 12 1017,056 3 538,859 3 8

Liabilities. || Assets. Nursery. Creators Capital. Total. Arboretum Buildings. Formation. Fences. bridges" 1 Seed Frames, pane's. Sa-vlce. De pjjjp™rty tal fie. 03 ' Tota1 ' £ s. d. £ s. a. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Riverhead .. .. 1,037 3 9 1,037 3 9 12 2 0 468 10 8 54 2 6 104 4 5 199 17 2 .. 3 0 0195 7 0 .. .. 1,037 3 9 Kaiiwaroa .. 0 1 0 4,730 18 6 4,730 19 6 .. 130 16 3 .. .. .. .. .. 14 3 0 4,586 0 3 4,730 19 6 Rotorua .. 4 11 10 13,672 11 113,677 2 11 .. 2,169 19 91,422 0 0 89 14 4 .. 590 0 0 .. 189 0 0 447 6 2 8,769 2 813,677 2 11 Karioi .. .. .. 1,351 8 9 1,351 8 9 .. .. •• 12 0 0 8 3 6 39 17 5 .. .. 1,291 7 10 1,351 8 9 Putorino .. .. .. 189 1 8 189 1 8 .. 189 1 8 .. - ■ • • • ■ • ■ • ■ • • • • 189 1 8 Golden Downs .. .. 2,046 13 9 2,046 13 9 .. .. 15 8 9 76 19 6 .. 70 0 0 .. 55 12 4 1,828 13 2 2,046 13 9 Westland . .. 3,380 7 6 3,380 7 6 .. 1,147 0 01,871 0 9 195 7 0 129 4 9 .. .. .. 0 5 0 37 10 0 3,380 7 6 Hammer .. .. .. 599 8 5 599 8 5 . . .. .. •• 55 18 11 543 9 6 599 8 5 Totals .. 4 12 10 27,007 13 527,012 6 3 12 2 0 3,974 12 13,493 8 3 478 5 3 337 5 5 699 17 5 3 0 0384 7 0 573 5 517,056 3 527,012 6 3 i

B.—l [PT. IV]

STATE FOREST SERVlCE—continued. STATE FORESTS ACCOUNT. Income and Expenditure Account foe the Year ended 31st March, 1935. General Revenue Account. Expenditure. £ s . d. Income £ s d -P ri To Salaries and contributions to Public Service By Timber royalties .. 6 294 11 11 Superannuation Fund, &c. .. ..10,664 8 9 Timber sales .. .. ' 70'142 6 7 General management of State Timber trespass .. .. '2411 4 lorests— £ Postages, cables, stationery, Leases "6,461 9 10 printing, &c . . 755 17 10 Grazing .. .. 1 717 19 0 Payments to other Departments Sawmill sites ' 91 IS 1 for services rendered 139 6 5 Industrial .. .. 1 067 8 10 Forest reconnaissance, timber Miscellaneous .. .. '550 10 10 cruising, &c. .. .. 5,687 19 6 Permits, miscellaneous .. 4 0 10 Legal expenses, &c. .. .. 101 16 0 , ~ _ Office rent, heating, lighting &c. 516 16 7 License and transfer fees .. .. 309 5 6 Transportation expenses and up- l nterest on promissory notes .. " 19 ig in keep of motor-vehicles .. 1,047 4 6 Fees for inspections .. ... 428 17 8 ravelling and transfer and re- Rents of departmental houses . 228 9 1 moval expenses 1,252 16 10 Kauri-gum, sale of, and royalty .. " 16 2 0 Maintenance of buddings and Administration expenses: Forest Amendment other departmental property 320 15 0 Act, 1926 .. .. Bg9 15 „ „ . 9,822 12 8 Miscellaneous .. .. 470 c o Forest-fire prevention— " " Communication and control, locomotion, travelling - expenses, &c. .; .. 141 14 0 Wages (fire-fighting) .. 747 4 1 888 18 1 Education — Photographic records, &c. .. 10 9 3 Preparation of service bulletins, publications, &c. .. .. 60 6 11 70 16 2 Forest research— Forest ecology .. .. 944 Forest entomology .. .. 20 0 11 Silvicultura 1-management studies, &c. .. .. 159 11 8 Timber-products testing .. 460 2 5 Travelling expenses and allowances .. .. .. 106 5 6 755 4 10 Aliorestation— Work for other Departments .. 8 9 2 Travelling expenses and allowances .. .. .. 18 5 Miscellaneous— 9 17 7 Yearly rental, Otanewainuku .. 74 0 0 Rebate of royalty on timber exported .. .. .. 261 17 1 335 17 1 Depreciation .. .. .. ..2 169 15 11 Bad debts 15 8 Rebates .. .. .. .. .. 3373 19 7 Balance carried forward .. .. .. 52 709 3 5 £82,225 9 9 £82,225 9 9 Allocation of Revenue Account. To Consolidated Fund— £ g d "tiASCtioSS.. 16 ™ 1 :: 7.117 3 O Account .. 3 5 Local authorities: " Fifths " of revenue : Finance Act, 1924, section 17 .. .. 5,71411 2 General reserve: Indigenous .. .. 39,877 9 3 £52,709 3 5 £52,709 3 5 Nurseries and Plantations. To^™° n ! oanS f V " •• -.80,026 15 By Interest on investments L,3 d « * "7' mana S ement Interest charged on nurseries and plantations.. 138,094 17 9 Free trees to schools'and local bodies" 1,077 14 4 Sons § ° n and planta_ „ Tree-seed condemned and destroyed.. .. 735 17 9 " '* ** * * " 12,179 14 8 Premium on loan conversion .. .. 1,050 10 0 Loss on— Rotorua Nursery .. ~ , , 670 1 2 Westland Nursery .. . . .. 150 16 5 Hanmer Nursery .. . , .. 13 15 3 General reserve : Afforestation ... .. 66,985 17 5 £150,883 4 10 £150,883 4 10

116

B.—l TPT. IV

STATE FOREST SERVlCE—continued. STATE FORESTS ACCOUNT —continued. Balance-sheet as at 31st Mabch, 1935. Liabilities. Assets. £ s. d. £ s. d. Land Account .. .. .. .. 1,072,975 5 6 Capital Account .. .. .. .. 35,410,336 8 9 Standing forests .. .. .. • ■ 34,028,189 15 2 Loans — Forest improvements— £ s. d. Debentures and stock issued — Demarcation .. .. 2,360 15 10 Rate of Interest. Amount of Roads, tracks, &c. .. 5,314 15 10 Per Cent. Loan. , Protection improvements 236 19 3 £ s. d. £ s. d. r 7 q l2 in 11 q 7 nnn n n ' ~ n ft Departmental property: Lift Vo- AAA A a digenous forests— f ~i a a Buildings .. .. 6,437 19 6 t iS K Field equipment .. 1,264 19 2 fj, 20 f'396 13 5 Office equipment .. 1,967 2 6 K1 in'™ A a MotQr-vehicles .. .. 664 19 8 f ?'7?4 12 10 Telephone lines.. .. 267 1 9 ' , cm no Fire-fighting equipment . . 97 10 8 .. . „ ,93U,0 Photographic equipment .. 60 16 2 Advances from Consoli- Reference library, &c. .. 1,187 0 3 dated Fund: 4 per cent. 87,405 3 4 Forest-ecology equipment 30 011 „ , ' ' 1 Forest-entomology equipSundry creditors— ment .. .. 107 8 0 Consolidated i und Silvicultural-management Loans redeemed on con- studies equipment .. 19 910 version •• Q R Timber-testing equipment 526 6 1 For interest paid 130,324 9 6 Forest atlas . .. 1,620 11 9 For interest due and un- . Saleable publications .. 340 9 1 T, pal t Ti - '•> 20,139 Miscellaneous .. .. 54 4 9 For National-endow- 646 0 1 ment revenue .. 11,117 3 0 Sundry debtorsLands Department Departmental .. .. 405 18 6 HurakiaForest: Interest 3,202 5 y Sundry 86 137 2 0 Open accounts— .... , Q 0 Departmental .. * o Nurseries and plantations— Sundr y •• •• 5,137 18 10 „ A / anfllft „ Nurseries .. .. 27,012 6 3 „ 304,606 10 9 pi anta tions .. .. 3,328,898 5 2 Reserves: General Reserve- Administration expenses Inchgneous .. .. 452,524 7 5 not yet allocated .. 8,151 1 6 Afforestation .. .. 440,767 3 0 3,364,061 12 11 T . . ~, . j . i'oko a o Experimental and research works .. .. 620 0 9 Liability for amounts held m deposit .. 1,962 0 2 g stoek 477 4 8 Writings-off m Suspense 10,151 16 0 Deposit Account-Receiver-General's .. .. 1,379 17 9 Other (Forest Clerks') .. .. .. 582 2 5 Cash in Public Account .. .. 41,852 4 0 Cash in Post Office .. .. .. 4 5 0 Premium on loan conversion .. .. 8,404 0 0 Assets in Suspense .. .. ■■ 10,151 16 0 £38,637,799 15 8 £38,637,799 15 8 Notes. —(1) Lands and standing forests other than areas purchased have been valued as follows : Prairie value, ss. per acre; protection, £1 per acre; merchantable forest, £10 per acre; accretions during the year have been brought into the accounts at the prairie value of ss. per acre. (2) Plantations have been valued at cost plus compound interest, less returns compounded. (3) No charge for the cost of exchange on payments made in London is included in the Revenue Account. (4) The liability for advances from the Consolidated Fund is fixed by section 21 of the Finance Act, 1926, and section 3 of the Finance Act, 1927, at £104,250. £87,405 3s. 4d. only is shown as a liability of this account, £16,844 16s. Bd., representing the expenditure on sand-dune reclamation, having been transferred without statutory authority to the Crown Lands Account. A. D. McGavocKj Director of Forestry. W. Riach, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J. H. Fowler, Deputy Controller and Auditor-General.

117

B.—l [PT. IV],

SWAMP LAND DRAINAGE SCHEMES. Rate Accounts for the Year ended 31st March, 1935. Kaitaia Dbainage Akea. Special Rate Accounts : Capital. „ ,®? r . a ! „ , Town Rural Town Subdivision. Subdivision. Subdivision. Subdivision. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Transfer to Reserve Fund .. 364 13 6 49 16 9 By Balance .. .. .. 567 10 9 12 15 2 Interest charge .. .. 2,335 6 6 401 3 3 £ s. d. Remissions .. .. .. 13 4 3 17 13 1 Rates levied .. 3,325 9 3 460 3 3 Balance .. .. .. 786 9 4 25 7 2 Less rebate .. 600 5 5 2,725 3 10 Penalty, 10 per cent, unpaid rates 206 19 0 21 1 10 £3,499 13 7 £494 0 3 £3,499 13 7 £494 0 3 General Rate Accounts : Maintenance. Rural Town Rural Town Subdivision. Subdivision. Subdivision. Subdivision. Dr - £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Balance .. .. .. 40 18 8 .. By Balance .. .. .. .. 53 4 0 Cost of maintenance (less subsidy) .. 580 0 0 49 10 2 Rates levied (less subsidy).. .. 684 14 3 99 3 2 Remissions .. .. .. 36 3 413 11 Penalty, 10 per cent, unpaid rates .. 49 5 3 411 3 Balance .. .. .. 109 14 7 102 14 4 £733 19 6 £156 18 5 £733 19 6 £156 18 5 Note.—Gross maintenance costs (£1,094 10s. 2d.) were subsidized from Consolidated Fund by £465. Waihi Dbainage Akea. Special Rate Accounts : Capital. Pukehina Kaikokopu Pukehina Kaikokopu Ward. Ward. Ward, Ward. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Balance .. .. .. .. 48 0 8 By Balance .. .. .. 607 3 11 Remissions .. .. .. .. 2 310 Rates levied .. .. .. 374 2 0 389 17 0 Transfer to Reserve Fund .. 31 18 2 47 17 3 Penalty, 10 per cent, unpaid rates .. 37 8 2 32 0 8 Interest charge .. .. .. 243 110 364 12 9 Balance .. .. .. .. 40 16 10 Balance .. .. .. 743 14 1 £1,018 14 1 £462 14 6 £1,018 14 1 £462 14 6 General Rate Accounts : Maintenance. Pukehina Kaikokopu Central Pukehina Kaikokopu Central Ward. Ward. Ward. Ward. Ward. Ward. Dr. £ s. d. £ s. d. £ s. d. Cr. £ s. d. £ s. d. £ s. d. To Cost of maintenance .. 15 9 0 329 15 6 255 3 0 By Balance .. .. 655 3 8 604 13 1 209 15 2 Remissions .. .. .. 22 3 451 11 7 Rates levied .. 122 4 4 290 12 10 364 18 8 Balance .. .. 774 3 6 585 911 .. Penalty, 10 per cent. unpaid rates .. 12 4 6 22 1 9 26 811 Balance .. .. .. .. 105 11 10 £789 12 6 £917 7 8 £706 14 7 £789 12 6 £917 7 8 £706 14 7 Poukawa Drainage Aeea. Special Rate Account: Capital. Dr. £ s. d. Cr. £ s . d. To Remissions .. .. .. .. 19 15 10 By Balance .. .. .. .. .. 131 13 3 Transfer to Reserve Fund .. .. .. 122 15 11 Rates levied .. .. .. .. 1,233 310 Interest charge .. .. .. 1,062 9 1 Penalty, 10 per cent, unpaid rates .. .. 55 5 0 Balance .. .. .. .. .. 215 1 3 £1.420 2 1 £1,420 2 1 General Rate Account: Maintenance. Dr. £ s. d. Cr. £ g . a. To Remissions .. .. .. .. 2 3 6 By Balance .. .. .. .. .. 150 16 6 Balance .. .. .. .. .. 290 10 9 Rates levied .. .. .. .. 135 17 2 Penalty, 10 per cent, unpaid rates .. .. 6 0 7 £292 14 3 £292 14 3

118

B.—l [PT. IV].

SWAMP LAND DRAINAGE SCHEMES —continued. Receipts and Payments Account foe the Year ended 31st March, 1935. Receipts. Payments. Public Consolidated Public Consolidated Works Fund. Fund. ... Works Fund. Fund. To Bents from national-endowment £ s. d. £ s. d. By Kaitaia Drainage Area £ s. a. £ s. a. land ir, Waihi Drainage Area .. .. 335 15 0 Drainage-works, &c .. 31 4 0 .. Special rate for interest and sink- • Maintenance, completed works .. 1,277 8 b ing fund Waihi Drainage Area— Waihi Drainage Area .. .. 217 19 4 Maintenance, completed works .. 52118 4 Kaitaia Drainage Area .. .. 1,453 14 b Poukawa Drainage Area— Poukawa Drainage Area .. ... 792 19 9 Drainage-works, &c. 117 5 b General rate for administration Management and engineering and maintenance— expenses Waihi Drainage Area .. •• 427 8 7 Hikurangi Drainage Area— Kaitaia Drainage Area .. .. 458 13 7 Drainage-works, &c. .. 3,137 3 8 Poukawa Drainage Area .. .. 89 2 4 Management and engineering Subsidy from Consolidated Fund: expenses .. •• 390 lb J. Maintenance, Kaitaia Drainage Euel and stores .. • • 777 lb .. A rea _ _ .. .. .. 4b5 0 0 Transfer, receipts to Treasury Thirds " •• •• •• 129 0 3 Adjustment Account .. .. 4,714 5 11 Sundry rents ! ! 1 '. • • 30 16 10 Transfer, receipts to Public Works Miscellaneous 313 15 9 Fund 1,293 1 5 Credits in reduction of expenditure 1,293 1 5 Transfer, expenditure to Treasury Adjustment Account .. .. 1,799 6 10 Transfer, expenditure to Public Works Fund .. •• 4,469 14 0 .. £5,762 15 5 £6,513 12 9 £5,762 15 5 £6,513 12 9

119

B.—l [PT. IV].

. SWAMP LAND DRAINAGE SCHEMES—continued. Balance-sheet as at 31st March, 1935. Liabilities. £ s . a. Assets Capital Account, Public Works Fund .. .. 689,541 9 2 Kaitaia Drainage Area— ' £ s d £ s d Reserve : Repayment capital costs- Allocated cost of works on which ' ' Kaitaia Drainage Dis- rates are leviedrj ri< i rt• • • , ■*' o £ S * d * Rural subdivision .. .. 60,000 0 0 Rural subdivision 1,687 14 3 Town subdivision .. .. 8 200 0 0 Town subdivision 226 11 1 ' ™ ~ A 68,200 0 0 w T-. • -A- 1,004 o 4 Excess cost of works not recoverWaA. Drainage Dis- aWe 155 518 g j T) i i- i t . Interest Account : Proportion rio e n ma 170 1 chargeable to district .. 123,145 8 9 Kaikokopu subdivi'- Waihi Drainage Area- — 278,663 17 10 n Allocated cost of works on which t> i t* • . ~ 2 / rates are levied— Poukawa Drainage District .. 343 13 8 _ Pukehina subdivision .. 5,000 0 0 d„4. a" i 2,653 1 7 Kaikokopu subdivision .. 7,500 0 0 Specialßate Accounts: Capital- Central subdivision • • 50 ' 000 0 0 Kaitaia Drainage Excess cost of works not recover- ,500 0 0 District— £ s. d. aWe 9 , „ nq „ , Tnw ISU M- S -° n 7 t Interest A ™t: Proportion ' Town subdivision 7 2 chargeable to district .. 39,058 14 3 Waihi Drainage District: Puke- 16 6 Poukawa Drainage Area- 62,867 17 4 hma subdivision .. 743 14 ] Drainage works .. .. 15,872 8 5 Poukawa Drainage District .. 215 1 3 I nteres t Account: Proportion General Rate Accounts: Mainten- 1,770 11 10 chargeable to district .. 2,868 15 11 aricp . . — 18,741 4 4 ~T7~ • j • t\ • -p.. Hikurangi Drainage Area— Kaitaia Drainage Dis- Drainage works 8 .. ..245,656 510 m a ; Interest Account: Proportion SSEKES I! 109 it 7 chargeable to district .. 110,434 18 10 919 on 356,091 4 8 ttt -l • tv 9 11 Mangawai Drainage Area— WaAi Drainage Dis- Drainage works .. .. 1,877 19 3 t) i i • i t . Interest Account : Proportion ton™. 774 3 6 chargeable to district .. 1,206 7 0 Kaikokopu subdivi- Harihari Drainage Area- 3 ' 084 6 3 Slon " Jll Drainage works .. .. 4,355 211 T, , t~. _. , . , Irf ō Interest Account : Proportion Poukawa Drainage District .. 290 10 9 _ chargeable to district .. 2,441 6 5 Sundry creditors— 13 1 Buildings ?'!!!? 9 4 Miscellaneous 381 12 7 Wharves " I.' 62 1111 Departmental 112 10 Plant and machinery .. .. 29,779 15 1 D ii_ <] . , 383 5 5 Loose tools .. .. .. QO4. it h Rents charged m advance .. .. 223 0 0 Live-stock .. .. " 2 00 Payments in advance- Fuel _ , g® 4 2 0 3 Stores on hand . . ." " 4 290 6 2 Rates 312 2 Sundry debtors for rates- " " ' „ A x 5 12 5 Drainage District. Capital. Maintenance. suspense Account .. .. .. 060 £ s. d. £ s d Writings-ofl in Suspense .. .. .. 171 1 0 Kaitaia .. 10,323 3 9 3,095 15 7 13 418 19 4 lreasury Adjustment Account .. .. 231,971 19 4 Waihi.. .. 4,115 19 3 5,908 17 3 10.'024 16 6 Poukawa .. 1,619 18 8 176 9 0 7 8 Sundry debtors — Rent under section 4 (2), Swamp Land Drainage Amendment £ s. d. Act, 1926.. .. .. 1,015 18 3 House-rent .. .. .. 27 15 10 Law-costs .. .. .. 341 io 7 Miscellaneous .. .. 72 8 6 Departmental .. .. 87 4 10 1,544 18 0 Kate Account— Special Rate Account—Capital— Waihi Drainage District: Kaikokopu subdivision 40 16 10 General Rate Account—Maintenance— Waihi Drainage District: Central subdivision 105 11 10 Postponed rent .. .. .. .. 17 19 10 Premiums on conversion .. .. .. 204 0 0 Revenue Account : Waihi Drainage District, central ward .. .. ~ .. 8 314 6 5 Losses in Suspense .. .. .. .. 171 1 0 Cash in transit from Post-office .. .. 13 7 4 £928,582 19 10 £928,582 19 10 ============== ============== W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. CeTtl Jy that Rat ® Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that no charge for the cost of exchange on payments made in London is included in the Account competed 6 bt^r 1 ! ° f th ® Auckla * d f' °® and Chlef Draina S e Engineer, the audit of which has not yet been completed by the local Audit Inspector, being m agreement with the Head Office books.—J. H. Fowler Deputy Controller and Auditor-General. 1 J

120

B.—l [PT. IV].

TEACHERS' SUPERANNUATION FUND. Revenue Account for the Yeab ended 31st January, 1935. £ s. <1. £ s. d. To Balance, 31st January, 1934 .. .. 1,003,184 16 IBy Retiring and other allowances .. .. 306,350 5 0 £ s. d. Contributions refunded — £ s. d. Contributions of members 114,660 13 4 On voluntary retirement .. 25,972 2 1 Less refunds to teachers On death of members .. 5,613 710 wrongly admitted as On lapse of membership .. 1,693 10 4 contributors .. 272 13 9 33,279 0 3 114,387 19 7 Rebate of contributions to annuitants on Contributions transferred from other funds 95 9 4 retirement under National Expenditure Additional contribution from Fiji Govern- Adjustment Act, 1932, section 9 (2) .. 135 18 4 ment in respect to teachers in Fiji schools 215 911 Contributions transferred to other funds .. 46 13 3 Government subsidy— £ s. d. ' Administration expenses— £ s. d. Under the Act, section 112 43,000 0 0 Commission, G.P.O. .. 586 3 0 Under Finance Act (No. 2), Commission, Public Trustee 1,602 4 2 1934, section 17 . . 108,000 0 0 Clerical assistance .. 900 0 0 Under the Act, section 114 4,538 110 Postage and telegrams .. 119 17 4 On account of reduction of : : Office expenses .. .. 135 13 2 interest during year Travelling-expenses of ended 31st March, 1934, Board members .. 88 11 1 under National Expendi- Medical fees .. .. 54 12 0 ture Adjustment Act, Audit fees . . .. 50 0 0 1932 .. ■■ 10,510 0 0 3,537 0 9 166,048 1 10 Acturial investigation as at 31st January, 1934 Interest (in progress), Reserve for cost of.. .. 350 0 0 On investments .. 47,851 19 9 Balance, 31st January, 1935 .. .. 989,310 310 On contributions in arrears 533 3 4 48,385 3 1 Less investments written down (proportion of premium on purchase of bonds) .. .. 2 19 0 Less interest allowed on amounts paid into fund in error . . .. 55 1 0 48,327 3 1 Premium on conversion of debentures .. 34 5 1 Profit on realization of Rural Advances Bonds 715 16 6 £1,333, £1,333,009 1 5 Cost-of-living Bonus Account foe the Yeae ended 31st January, 1935. £ s. d. £ s. d. To Refund from Consolidated Fund .. .. 380 15 1 By Balance due from Consolidated Fund, January, Balance due from Consolidated Fund. 31st Janu- 1934 .. .. .. .. 56 17 2 ary, 1935 . . . • • • ■ • ■ • 72 16 4 Payment of bonus . . .. .. .. 396 14 3 £453 11 5 £453 11 5

16— B. 1 [PT. IYI.

121

B.—l [PT. IV].

TEACHERS' SUPERANNUATION FUND—continued. Balance-sheet as at 31st January, 1935. Liabilities. £ s. d. Assets. Fund as per Revenue Account .. .. 989,310 310 Amount. held by Public Retiring and other allowances due and unpaid .. 2,688 9 7 Trustee— £ g . c ] £ s j Refund of contributions due and unpaid .. 1,917 11 5 Invested .. .. 952,247 17 10 Administration expenses unpaid— Uninvested .. .. 71 301 14 0 Commission, Post and Telegraph £ s. d. " ' j 02 3 549 nlO Department .. .. 190 5 6 Premium paid on purchase of Clerical assistance .. .. 750 0 0 rural bonds .. .. 101 5 0 Postage and telegrams .. 100 0 0 Less amount written off 2 19 0 Office expenses, printing, and 98 6 0 stationery ~ .. 717 2 Amounts paid to protect securities .. .. 319 14 10 Medical fees .. .. 8 8 0 Contributions of members — £ s. d. Audit fee .. .. .. 41 13 4 In transit .. .. 2,503 9 0 . 1,098 4 0 Due and outstanding .. 3,637 16 4 Unclaimed contributions .. .. 1,680 6 3 g 24] g 4 Amounts paid into fund in error .. 10 19 7 Interest oil investmentsGovernment subsidy—Statutory l) ue and outstanding . . 14 132 11 11 grant paid m advance for 1935.. 39,416 13 4 Accrued, but not due .. 11,735 4-0 Less additional subsidy under see- 25 867 15 11 tion 114 of Act not yet paid .. 352 11 6 Interest on arrears of contributions due and outLess additional subsidy under sec- standing (contributors) .. .. .. 500 19 2 tion 114, payable in respect to Due by annuitants (contributions and interest).. 51 3 7 allowances outstanding at 31st Consolidated Fund, on account of cost-of-living January, 1935 .. .. 296 16 0 bonus .. .. .. 72 16 4 38,767 5 10 Rent received from securities leased (held for rates and expenses) .. .. .. .. 164 18 10 Reserve-— For commission payable to Public Trustee in respect to interest due or accrued .. 940 10 9 For commission to Post and Telegraph Department in respect to vouchers issued but unpaid .. .. .. 36 4 6 For cost of actuarial examination in progress .. .. 350 0 0 — 1,326 15 3 Reserve for loss on investments— Balance at 31st January, 1934 4,499 5 3 Less written-off principal . . 3 19 8 Less written-off interest .. 1,032 11 3 3,462 14 4 Vouchers issued but unpaid at 31st January, 1935 .. .. 19,726 1 10 Less cash in Post Office Account.. 3,551 17 9 16,174 4 1 £1,056,601 13 0 £1,056,601 13 0 Notes.—Since the closing of the Account for the year the Government has given a further subsidy on account of the loss suffered by the reduction of interest under the provisions of the National Expenditure Adjustment Act, 1932. The amount accrued for the period to 31st January, 1935 —not included in the year's accounts—is £7,995. The liability under section 9 (2) of the National Expenditure Adjustment Act, 1932, as amended by section 25 of the Finance Act (No. 2), 1932-33, m respect to the rebate to those contributors who did not elect to continue to contribute on tlie higher rate of salary before the reductions in 1932 has not been taken into account in the foregoing statement. The benefit (which is payable upon retirement) will amount in the aggregate, to approximately £30,000 ; but the additional liability is only approximately £5,000 as the remaining £25,000 would, in any case, be refunded as contributions in the ordinary way upon retirement before full age or service. C. B. Crawford, A.R.A.N.Z., Secretary, Teachers' Superannuation Board. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—G. F. C. Campbell, Controller and Auditor-General.

122

B.—l [PT. IV

TRANSPORT DEPARTMENT. Income and Expenditure Account fob the Year ended 31st March, 1935. Expenditure. Income. To Head Office administration — £ s. d. £ s. d. £ s. d. £ s d Salaries .. .. .. 8,735 13 3 By Fees under Transport Licensing Advertising, books, newspapers, Act, 1931 .. .. .. 20,118 12 4 &e. .. .. .. 49 8 11 Less refunds .. .. 513 2 9 Printing, stationery, and office 19 yyg 9 7 requisites .. .. 656 7 6 Balance .. .. .. .. 9 4 Postages and telegrams .. 199 10 5 Rent .. .. .. 463 0 0 Travelling allowances and expenses .. .. .. 507 810 Annual license fee under Motorvehicles Act, 1934, for car owned by F. R. Barnett .. 313 4 Ex gratia payment to G .D. Tod 10 0 0 Depreciation— £ s. d. Library .. 3 9 2 Furniture .. 61 6 0 Mechanical appliances .. 39 19 0 104 14 2 Overtime .. .. .. 310 18 0 Telephone rentals .. .. 135 7 1 Telephone toll fees .. .. 41 9 8 Telephone alterations and extensions .. .. .. 13 0 10 Meal allowances .. .. 36 8 9 Writings-off in Suspense .. 1 10 0 Sundry expenses .. .. 7 7 11 11,275 18 8 Transport Licensing Authorities — Rent: Auckland Branch Office 109 16 8 Metal holders for vehicle authorities .. .. .. 15 3 4 Conference of chairmen . . 159 1 4 Alterations and additions to Auckland Branch Office . . 150 6 6 Travelling-expenses .. .. 1,860 9 0 Fees of members .. .. 2,601 17 2 Advertising .. .. 692 12 1 Salaries of secretaries .. 2,919 7 2 Office expenses .. .. 368 6 9 Rent of meeting-rooms .. 48 5 0 Services of Registrar of Motorvehicles .. .. .. 396 15 0 — 9,322 0 0 Transport Co-ordination Board — Law-costs .. .. .. 1 12 8 Rent of meeting-rooms .. 9 15 0 Advertising .. .. 110 4 4 Salaries of members .. .. 1,564 8 10 Travelling-expenses .. .. 1,178 18 1 2,864 18 11 Inspection of passenger - service vehicles — Maintenance of brake-testing equipment .. .. 6 8 11 Salaries of vehicle Inspectors .. 1,778 1] 5 Travelling-expenses of vehicle Inspectors .. .. 965 3 8 Rent . . .. .. 25 0 0 Sundry expenses .. .. 218 0 Overalls for vehicle Inspectors 3 2 11 Depreciation : Satchells .. 1 17 10 — 2,783 2 9 Traffic-control — Law-costs .. .. .. 114 4 Badges for Traffic Inspectors .. 5 8 8 Uniform caps for Traffic Inspectors .. .. .. 5 14 4 Salaries of Traffic Inspectors .. 343 17 3 Travelling-expenses of Traffic Inspectors .. .. 129 2 1 Cost of operation of motor-ear — £ s. d. License fees ..644 Maintenance and repairs .. 47 10 7 Petrol and oil .. 121 9 5 Tires, &c. .. 16 11 2 Depreciation . . 48 16 5 — 240 11 11 735 18 7 £26,981 18 11 £26,981 18 11 £ s. d. £ g. d. Co Balance •• ■■ 7,376 9 4 By Balance .". .. .. .. .. 7,444 6 3 Interest on capital .. .. .. .. 67 16 11 £7,444 6 3 7,444 6 3 Not es.—(l) The above account includes charges for interest on capital depreciation and assessed rent for which the Department las no parliamentary appropriation ; (2.) no charge for the cost of exchange on payments made in London is included in the accounts.

123

B.—l [Pt. IV],

TRANSPORT DEPARTMENT—continued. Balance-sheet as at 31st March, 1935. Liabilities. A , Assets. Capital at ; 31st March 1935 .. .. 1,406 15 *4 Office furniture and fittings 770 h % Fe S Z v d :iī mnSP ° rt L :— g ACt ' 1931 ' reCeiVed 311 19 8 Typewriters and mechanfcal appliances !! 200 6 1 Sundry creditors- " " £ sd ' 3111. 8 Departmental library 56 3 2 Departmental .. 171 19' 7 £ a ? P f orms P ectl ° n of passenger-vehicles .. 52 19 0 «tor '.. .. :: S8 »• Sotri' 8 . ;; - - ;«?»,» Writings-off in Suspense 151 a3WSSfc' 4W,,rt "*" ' « , d ' Treasury Adjustment Account 7,406 12 1 Departmental .. .. 86 17 6 other •• .. 295 9 1 , . , —— 382 6 7 sundry payments in advance .. .. ~ 112 8 Official stamps .. .. ~ /" 9 13 2 Forms and stationery on hand .. .. 200 0 0 Satchells for vehicle inspectors .. .. .. 3 15 7 Assets in Suspense .. .. .. 110 0 Income and Expenditure Account .. .. 7,444 6 3 G. C. Godfrey, Commissioner of Transport. H. B. Smith, Accountant. 1 Hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as Auditor Generaf 7 ' departmental notes epfaced thereon.-J. H. Fowler, Deputy Controller and i TREASURY DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. rn O, • ' Expenditure. £ g . d. |i Income ' e ' a To Salaries 27,953 8 2 By Inscribed stock fees .. .. 2 171 18 n ver ime, c. .. .. .. 134 g g Balance carried down .. 81' 333 19 n .Legal and professional expenses .. .. 239 3 0 ' • > o Printing and stationery .. .. .. 3,332 18 9 Office requisites .. .. .. .. 213 17 9 Office and sundry expenses .. .. 81 17 4 Travelling-expenses .. .. .. 232 19 10 Postage and telegrams .. .. .. 2,452 14 5 Telegrams beyond the Dominion .. .. 1,613 10 7 Telephone subscriptions, &c. .. .. 391 4 7 Annual rental value of premises .. .. 2,588 0 0 Rent, Dunedin office .. .. .. 112 7 9 Expenses of Local Government Loans Board .. 221 3 11 Depreciation— £ s . d. Office furniture, &c. .. .. 247 16 0 Mechanical appliances .. 281 0 5 Library .. .. .. 10 12 8 „ , 539 9 1 . Bank exchange and commission .. .. 8 17 9 Custody of bonds .. .. .. .. 200 0 0 Consolidated Stock— Management charges .. .. .. 35,715 16 7 Stamp duty on transfers .. 7,473 18 8 £83,505 17 5 : £83,505 17 5 :: :: :: "IS 1 !? * Excess of expenditure over income .. .. 81,448 8 3 £81 ' 451 0 l Balance-sheet as at 31st March, 1935. . Liabilities. £ s. d. Assets. # .1 Creditors— " " " "& V 2 ' 663 17 5 O ffi ce furniture, fittings, and equipment.. .. 1,537 10 11 Departmental 220 6 7 Mechanical appliances 928 1 2 x/epai omental .. .. .. b 7 Library .. .. T oa k a Sundr y 276 11 11 Stock of stamps .. !" 7I t at 18 6 Debtors— £ s d Treasury Adjustment Account .. .. 81,089 18 2 . Sundry .. .. .. 46 7 0 Departmental .. .. .. 76 12 1 „ . , 122 19 1 Jixpenses paid m advance .. .. .. 8 5 3 — Excess of expenditure over income .. .. 81,448 8 3 iTI : C v .Ashwin, M.Com,, A.R. A.N.Z., Accountant to the Treasury. : I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the following comments: (1) The accounts include charges against the Department for rent and interest for which the Department possesses no parliamentary appropriation ; (2) no charge for the C A OS e * chan f e on payments made m London is included in the accounts.—G. F, C. Campbell Controller and Auditor-General. > <" lu -

124

B.—l [PT. IVI.

WESTPORT HARBOUR ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. o' *o' To Dredging.. .. •• •• 7,098 5 9 By Special coal rate .. .. •• •• 14,572 8 3 Harbour-maintenance .. •• •• 2,321 7 7 Endowment revenue •• ' '' ® Working-expenses of tug and launch.. .. 873 6 6 Port dues .. •• •• 3,70/ o Office administration (local) .. •• 1,005 610 Sale of surplus stoies .. •• ■ Endowments: Administration expenses .. 333 2 7 Hire of plant .. . • • ■ ■ ■ tj n i\ Audit fees .. .. •• •• 42 6 0 Rent .. .. •• 74 9 0 T Piral »Tnensps . . • 45 19 6 Cape Foulwind Railway revenue . . .. 3 0 0 Tefephone services" 66 0 6 Subsidy from Unemployment Fund 793 3 7 Compensation for accidents.. .. ■ • 67 6 3 Supervision of explosives magazine .. .. Ana Travelling-expenses .. ■ • • • 012 5 ; Miscellaneous receipts .. • ■ • ■ Cape Foulwind Railway maintenance • • 58 5 1 Balance carried down Head Office administration • • 500 0 0 Depreciation — £ s - d. ; Buildings •• •• •• 138 11 5 Harbour light .. .. 144 3 4 Dredges, launches, &c. .. 2,254 15 11 B 2,537 10 8 Interest on loans .. .. •• •• 17,591 18 10 £32,541 8 6 £32,541 8 6 £ s. d. £ s * To Balance brought down .. .. , • 1,768 61 By Transfer from General Reserve .. .. 8,238 6 3 Transfer to Sinking Fund .. .. •• 6,470 0 2 £8,238 6 3 £8,238 6 3 Note. No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. TAahiliiipß ss&ts. Loan capital- ' Endowment lands- £ s d £ s. d. New Zealand Loans Act, 1932— £ s. d. Leased 33,445 14 0 3-per-cent. stock 237,500 0 0 Unleased 23,042 16 9 4-per-cent. debentures .. .. •• 6,470 11 9 > 5-per-cent debentures 117,352 18 10 Breakwaters .. 344,332 15 3 Westport Harbour Act, 1920: 5-per-cent. de- Training-walls io2,jyB 0 0 bfTitnreq .. .. .. 8,250 19 6 Limestone quarry .. .. " u Protective works and relief channel . ■ 17,384 9 0 369,574 10 1 Gridiron .. .. .. ■■ •• 1,581 2 3 Finance Act, 1932, section 16 .. .. 92,421 14 3 Dredge wharf 1,488 0 0 Martin's Island .. .. • • ■ • • 700 0 0 461,996 4 4 Harbour buildings .. .. •• •• 2,679 0 3 Endowment capital 56,488 10 9 Dredges, tug " Mana," plant, &c 21,134 18 8 Sinking Fund Reserve 167,014 11 3 Cape Foulwind Railway 8,250 19 6 General Reserve . . . . • • •• 26,556 19 11 Office furniture and fittings .. .. .. 10/10 Writings-off, Reserve Account .. .. 40 10 3 Stock and stores .. .. .. •• 5,657 510 Payments in advance 426 110 Work in progress .. .. •• •• 9 3 Survey costs, Suspense Account .. • ■ 431 15 0 Survey charges, Endowment lands . . .. 431 lo 0 Creditors— £ s. d. Debtors— £ s- d. Accrued interest 1,133 0 9 Accrued revenue .. 5,469 3 9 Departmental .. .. 227 2 5 Departmental .. .. 37 911 Sundry 249 18 8 Sundry 1,346 15 9 * 1,610 1 10 6 » 85 3 9 5 Treasury Adjustment Account .. .. 22,637 9 4 Sinking Fund investments 167,014 11 3 Writings-off, Suspense Account .. .. 40 10 3 £737,202 4 6 ' £737,202 4 6 J. E. Engel, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental note enfaced thereon.—J. H. Fowler, Deputy Controller and Auditor-General.

125

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NATIVE TRUSTEE. Revenue Accounts for the Year ended 31st March, 1935. Interest Account. r Expenditure. Revenue. £ s d To Interest allocated to amounts £ s. d. £ s. d. By Interest on mortgage and other investments .. 31,466 3 7 held under— ' Native Land Act, 1931 : Part 111 .. .. 6,208 4 2 Native Land Act, 1931 : Part X .. .. 3,543 19 5 Native Land Act, 1931 : Miscellaneous .. .. 109 3 8 Native Trustee Act, 1930 .. 763 14 5 Native Purposes, 1931 .. 2,060 12 9 West Coast Settlement Reserves Act, 1892 .. 218 3 3 Miscellaneous funds .. 3 2 4 12,907 0 0 Interest on advances under— Native Land Act, 1931 : Section 521 .. .. 6,242 6 10 Finance Act, 1930 (No. 2) : Section 6 .. .. 60 16 5 6,303 3 3 Surplus carried to Revenue Account .. 12,256 0 4 £31/466 3 7 £31,466 3 7 Revenue Account. Expenditure. £ s. d. Revenue. £ s. d. lo Administration expenses : Contribution to Con- By Balance from Interest Account .. 12 256 0 4 solidated Fund of amount fixed to cover the Commissions .. 4 549 g - Native Trustee's proportion of salaries and Pees .. .. .. " '750 19 1 working-expenses .. .. .. 13,000 0 0 Net working loss on properties acquired under mortgage .. .. .. .. 141 4 2 Depreciation— £ s. d. Office furniture .. .. 43 16 4 Mechanical office appliances .. 116 5 45 12 9 Net surplus carried to Appropriation Account .. 4,362 411 "I±Lli 0 m^TTIŌ Ajipropriation Account. Dr " £ s. d. Cr. £ s d lo Reserve against unpaid interest .. .. 1,363 3 6 By Net surplus from Revenue Account .. 4 362 4 11 Assurance and Reserve Pund .. .. 2,699 3 3 Investment Fluctuation Fund .. .. 299 18 2 11 £4,362 4 11 Balance-sheet of the Native Trustee as at 31st March, 1935. Liabilities. Assets Amounts held under— £ s . d. Office fittings, furniture, and £ s. d. £ s d West Coast Settlement Reserves Act, 1892 .. 53,346 9 9 plant, &c. 199 14 5 Native Reserves Act, 1882 .. .. .. 61,086 2 0 Less depreciation" 45 12 9 Native Land Act, 1931 : Part X .. .. 104,826 12 1 jo Native Land Act, 1931 £ s. d. Mortgages and other investments Maori Land Board Funds .. 174,519 0 4 (book value) Special . . .. .. 1, 700 0 0 Local-body securities .. 5,100 0 0 176,219 0 4 Mortgages, including special Miscellaneous .. .. .. .. 6,294 7 2 investments .. .. 510,405 910 Native Trustee Act, 1930 .. .. .. 30,932 15 0 Properties acquired under Native Purposes Act, 1931 . . .. .. 59,103 0 9 mortgage .. .. 12 241 8 0 Miscellaneous funds .. .. .. 6,891 6 11 " ' Native Land Act, 1931 : Sec- 527 746 17 10 tion 521 £ s. d. Less reserve against loss on Advances under .. .. 130,064 611 securities . . 8 325 7 7 Less repayments .. .. 4,239 8 2 ' 519 421 10 3 — Interest and rent due and accrued .. .. 36,900 17 1 125,824 18 9 Advances (on overdraft) to estates and accounts .. 146'786 19 3 Interest accrued .. .. 1,151 16 7 Sundry debtors .. 040 17 k 126,976 15 4 Balances— £ s d Reserve against unpaid interest. . 3,023 0 0 At bank .. .. .. 16 440 4 2 Special reserve against claims .. 215 18 4 Cash in hand .! . . ' 20 2 6 Assurance and Reserve Fund .. 86,191 7 6 At Post Office '' '' 494 19 to Investment Fluctuation Fund .. 5.277 17 0 " " ' „ „ 94,708 2 10 b ' BBs 6 b £720,384 12 2 £720,384 12 2 H. S. King, Deputy Native Trustee. R. L. Jellicoe, A.R.A.N.Z., Accountant. The Audit Office having examined the Balance-sheet and accompanying accounts, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith, subject to the following comment: Advances exceeding the statutory margin of security have been made by the Native Trustee to the East Coast Maori Soldiers' Fund.—G. F. C. Campbell, Controller and Auditor-General.

126

B.—l TPT. IVI

TARANAKI MAORI TRUST BOARD. Statement of Receipts and Payments for the Year ended 31st March, 1935. Receipts. Payments. £ s. d. £ s. d. By Grants — £ s. d. £ s. d. To Balance as at 31st March, 1934 .. 1,784 3 4 (a) Marae renovation .. 673 19 4 Investment withdrawn.. .. 500 0 0 Marae, miscellaneous .. 1,176 15 6 2,284 3 4 1,850 14 10 Compensation grant — (&) Health scheme .. .. .. 250 0 0 Grant for year 1934-35 .. 5,000 0 0 (c) Indigent .. .. .. .. 50 0 Less 5 per cent, to the {d) Special Government .. .. 250 0 0 Sir Maui Pomare Memorial. . 623 12 6 4,750 0 0 Lady Pomare .. .. 100 0 0 Refunds .. .. ■ • ■ ■ 15 8 Wreath to Sir Maui Pomare 1 I 0 Interest .. .. .. .. •• 516 11 Waitangi painting (box) .. 1 15 0 Cancelled cheque .. .. .. 010 0 Miniature cups (haka) .. 214 6 West Coast Reserves Benefits Association .. 91 15 0 820 18 0 (e) General District Committees .. 819 16 3 3,746 9 1 Administration of Board — (a) Members' allowance and expenses .. .. •• 140 14 4 (b) Secretary's salary .. .. 220 11 8 (c) Countersigning officer's honorarium .. . . . . 10 0 0 (d) Office expenses and sundries .. 263 7 2 634 13 2 General Reserve investment .. .. .. 1,000 0 0 Credit balance .. .. •• •• 1,660 13 8 £7,041 15 11 £7,041 15 11 Statement op Income and Expenditure for the Year ended 31st March, 1935. Expenditure. Income. £ s. d. To Grants— £ s. d. £ s. d. By Compensation grant .. .. .. 5,000 0 0 (а) Marae renovation .. 252 7 9 Interests on investments .. .. .. 62 8 3 Marae, miscellaneous .. 1,160 7 8 1,412 15 5 (б) Special— 5-per-cent. grant to the Government .. .. 250 0 0 Miniature cups (haka) .. 214 6 Waitangi painting (box) .. I 15 0 Wreath to Sir Maui Pomare 1 1 0 Lady Pomare .. .. 100 0 0 Sir Maui Pomare Memorial 644 12 6 1,000 3 0 (c) Indigent .. .. • • ■ • 5 0 0 (d) Health, medical .. • • • ■ 250 0 0 (e) General .. •• •• 1,200 0 0 3,867 18 5 Administration of Board — (a) Members ordinary allowance 94 10 0 Members ordinary travelling expenses .. •• 39 13 7 Members special allowance .. 10 0 135 3 7 (b) Secretary's salary .. .. 220 11 8 (c) Countersigning officer's honorarium .. . . . . 10 0 0 Id) Office expenses and sundries .. 241 16 1 607 11 4 Balance, being excess of income over expenditure 586 18 6 £5,062 8 3 £5,062 8 3

127

B.—l [FT. TV],

TARANAKI MAORI TRUST BOARD—continued. Balance-sheet as at 31st March, 1935. Liabilities. Assets. Grants authorized but outstanding— £ s. d. £ s. d. Compensation grant outstanding— £ s. d. £ s. d Marae renovation .. .. 21 810 Balance as at 31st March, 1934 .. 3,000 0 0 Special: Sir Maui Pomare Memorial 1,121 0 0 Add grant for 1934-35 .. .. 5,000 0 0 General . . .. . . 380 3 9 , , 8 000 0 0 1,522 12 7 LessReserves— 5-per-cent. grant to the GoGeneral reserve .. .. 3,000 0 0 vernment .. .. 250 0 0 Reserve for depreciation .. 19 8 7 Add receipt during the year .. 4,750 0 0 Office sundries outstanding— 3 ' 019 § ? s, ° Q ° ° ° Furniture and fittings .. .. 2 7 1 3 000 0 0 Printing .. .. .. 0 16 4 Furniture and fittings .. .. . . .. 90 4 9 — 3 3 5; Payments in advance .. .. .. .. 10 10 5 Appropriation Account— Sundry debtors .. .. .. .. 108 711 Balance as at 31st March, 1934 .. 3,937 17 6 Bills receivable .. .. . . 88 8 6 Add cheque 546: Cancelled .. 010 0 Cash at bank and in hand .. .. .. 4,767 7 1 Add excess of income over expenditure for period ended 31st March, 1935 .. .. 586 18 6 4,525 6 0 Less (General reserve, £1,000; reserve for depreciation, £5 lis. lid.).. .. .. 1,005 11 11 3,519 14 1 £8,064 18 8 £8,064 18 8 W. Wakarua, Secretary. The Audit Office having examined the Balance-sheet and accompanying accounts, required by law to be audited, hereby certifies them to be correct, subject to the following—Comments : (1) As Parliament has not provided in the Appropriations for the payment of the i compensation grant of £3,000, the item "Compensation grant outstanding, £3,000" should not be included in' the statement of assets ; (2) purporting to act under the authority of section 49 (3) (b) of the Native Purposes Act, 1931, and the Order in Council of the 11th May, 1931, which provides that, subject to the Board's power to expend its funds for the general benefit of certain Maori tribes, it may determine what may be a proper object for which a payment may be made out of its funds, the Board has expended, inter alia, an amount of £100 in making a grant to the widow of a deceased Native Minister, £644 towards the cost of a memorial to that Minister, and an amount in excess of £800 in connection with a hui held at Oeo Pa. In the opinion of Audit the provisions of the law did not contemplate the expenditure of the trust-moneys on the making of grants of this nature. Exceptions : (1) The authority of the Native Minister to the increase in the salary of the Secretary was not obtained as required by clause 19 (2) of the regulations under the Native Land Amendment and Native Claims Adjustment Act, 1928 ; (2) the vouchers for a grant to one Marae Committee are unsupported by details of and receipts for the expenditure of the grant. —G. P. C. Campbell, Controller and Auditor-General.

128

B.—l [PT. IV],

EDUCATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. Income. To Balance from separate accounts— £ s. d. By Income from — £ s. d. Primary education .. .. .. 2,082,331 8 8 Primary-education reserves .. .. 115,264 8 1 Post-primary education .. .. 049,062 1. 11 National endowment .. .. .. 95,967 12 1 Higher education .. .. 100,164 19 9 Balance as per Balance-sheet .. .. 2,948,128 19 9 Training of teachers .. .. .. 17,573 1 1 1 Native education .. .. •• 97,444 2 8 Physical training .. • . • • 1, 740 2 10 Examinations .. .. • • 2,263 8 3 • Miscellaneous .. •• 58,187 19 11 Special Schools and Child Welfare Branch 150,593 14 0 £3,159,360 19 11 £3,159,360 19 11 Head Office Administration. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. •• •• 29,847 2 3 By Payment by Teachers' Superannuation Fund Travelling-expenses .. .. . . 604 8 5 for clerical work, postage, and printing and Office requisites, advertising, &c. .. .. 196 17 8 stationery .. .. .. .. 1,040 0 0 Telephones . . .. .. ■ • 315 8 3 Sale of publications .. .. .. 181 12 4 Printing and stationery .. .. .. 963 9 4 Recovery of salaries of officers for services in Postage . . • • • • • • 643 9 0 connection with Electrical Wiremen's ExamiRent of offices (Government Buildings) .. 1,634 0 0 nations .. .. .. .. 90 0 0 Depreciation on furniture .. .. • • 16 0 0 Education Gazette £ s. d. Depreciation on mechanical appliances .. 80 0 Sales .. .. .. 41 0 7 Interest on capital .. .. •• 229 0 0 Advertising.. .. .. 211.16 5 Education Gazette — £ s. d. 0 Salaries .. .. .. 195 0 0 Balance transferred to other accounts .. 34,232 14 8 Printing .. .. ■ • 834 11 6 Postage .. .. 2299 11 Sundries .. .. • ■ 80 7 8 — 1,339 9 1 £35,797 4 0 £35,797 4 0

17— B. 1 [Pt. IV],

129

B. —1 [PT. IV]

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Primary Education. Expenditure. £ s . d. Income. To Head Office salaries and administration charges .. 12,572 5 8 By Teachers' salaries: Recoveries £ s. d. Public schools £ s. d. from Unemployment Board .. 23,377 4 8 Teachers salaries .. .. 1,443,599 16 1 Recovery from Eire Insurance Teachers'house allowances .. 36,477 511 Fund' .. . . .. 8 564 10 1 Teachers'removal expenses .. 1,829 5 7 School buildings : Rent'of school —— 1,481,906 7 7 buildings .. .. .. 410 15 6 Manual instruction Inspection : Fees for special exSalaries .. .. .. .. 50,526 18 11 aminations .. .. 64 0 0 Capitation for incidentals .. .. 13,256 11 0 Teachers'appeal fees .. .. 41 13 6 Handwork materials .. .. 4,278 18 X School Journal sales .. .. 500 4 7 68,062 8 0 Miscellaneous : Recoveries for School and class libraries, including books education of foreign children . . 98 16 6 supplied to pupils in necessitous cases .. 1,208 17 9 Balance carried to General Income Maintenance of school buildings, &c — and Expenditure Account ..2,082,331 8 8 Grants to Board for maintenance .. 65,307 13 11 Less part charged to post-primary for maintenance of district high schools (secondary departments).. 1,747 0 0 63,560 13 11 Alterations to buildings to diminish danger from earthquake .. .. 5,438 16 6 Rebuilding of schools destroyed by fire 10,647 18 4 School Committee allowances, £104,721 65.; less part charged to post-primary for district high schools (secondary departments), £3,009 .. 101,712 6 0 Rents of buildings for school purposes 2,348 17 9 183,708 12 6 Inspection of schools — Inspectors' salaries .. .. 23,925 1 6 Less charged to grading of teachers, £1,931 18s. lid.; less charged to Head Office administration, £682 2,613 18 11 21,311 2 7 Travelling-expenses .. .. 7,319 4 0 Office requisites (including depreciation on furniture) .. .. 88 14 9 Clerical assistance . . .. 331 0 5 Transfer and removal expenses .. 406 13 7 Telephones .. .. .. 54 6 4 Postage .. .. .. . . 84 9 0 29,595 10 8 Registration and grading of teachers — Head Office salaries and administration 933 19 6 Portion of Inspectors'salaries .. 1,931 18 11 Expenses of appeals .. .. 217 4 11 Printing and stationery .. .. 142 11 11 3,225 15 3 Conveyance of pupils and instructors, including depreciation on departmental buses .. .. .. .. .. 79,210 0 1 Education Boards: Grants for administion and general purposes .. 28,197 10 2 Less part charged to post-primary for district high schools (secondary departments) .. .. .. 696 0 0 27,501 10 2 Correspondence School (primary department) — Head Office administration .. 60 0 0 Salaries .. .. .. .. 5,474 17 3 Books and stationery, £1,200 Is. 3d.; less recoveries from parents, £850 17s. 6d. .. . . .. 349 3 9 Cleaning, lighting, heating, &c. .. 91 12 8 Depreciation on furniture .. .. 39 0 0 Depreciation on mechanical appliances 6 0 0 Postage .. .. .. .. 408 7 5 Rent of offices .. .. .. 390 0 0 Telephone .. .. .. 15 10 0 Interest on capital .. .. 36 0 0 6,870 II 1 School Journal— Head Office administration .. .. 40 0 0 Salaries .. .. .. .. 429 19 8 Printing and despatch .. .. 2,762 10 4 Postage .. .. .. .. 1,274 14 1 Rent of offices .. .. .. 43 0 0 Telephone .. .. .. 9 5 0 Sundries .. .. .. .. 22 6 8 4,581 15 9 Postage .. .. .. .. .. . . 70 14 10 Printing and stationery .. .. .. .. 724 9 10 Interest on capital .. .. .. .. .. 216,137 2 10 Miscellaneous .. .. .. .. .. 12 11 6 £2,115,388 13 6 £2,115,388 13 6

130

B.—l [PT. IV],

EDUCATION DEPARTMENT —continued. Income and Expenditure Account —continued. Post-primary Education. Expenditure. £ s. d. Income. To Head Office administration charges .. •• •• 6,165 710 By High schools— J d ' £ s * d * Salaries of teachers and instructors — £ s. d. lupils fees .. 2,26- 10 0 Secondary schools 224,297 15 3 Endowment inTechnical schools 154,354 12 6 come applied to Combined schools 35,206 16 1 . payment of District high schools 67,197 9 3 teachers salaries 481,056 13 1 and maintenance Grants to Boards for general purposes— of buildings .. 24,046 19 11 Secondary schools 30,282 2 3 _ 26,309 9 11 Technical schools 35,981 15 1 Technical and cornCombined schools 7,695 3 2 binedschoolsDistrict high schools (part of grant to S + •" ' " Education Boards for general purposes, Endowment m£696; part of grant to Education come applied to Boards for School Committee inci- payment of dentals, £3,009) 3,705 0 0 incidentals and — 77,664 0 6 maintenance 01 Grant to Marlborough High School Board „ buildings .. 6,421 19 7 ijniain n (Marlborough High School Act) .. • ■ 340 0 0 14,016 Maintenance of buildings- Recovery of compensation paid to Secondary schools 5,074 14 10 contractor, new Wellington ColTechnical schools ■■ •• 1,656 7 2 lege buildings .. >• /5116 0 ComCed schools .. ■■ 706 13 9 Recoveries from Boards of payments District high schools (proportion for department for repairs secondary departments) 1,747 0 0 „ to ,^ ddmgs •• •• •• 9,184 15 9 Rent of school buildings and sites .. 91 2 o Rents of buildings for classes- Teachers'appeal fees .. .. 22 0 Secondary schools 370 0 0 Balance carried to General Income Technical schools 339 16 7 and Expenditure Account ..649,062 111 — 709 16 7 Rebuilding of schools destroyed by fire .. • • 127 12 9 Alterations to buildings to diminish danger from earthquake • • • ■ • • • • 2, 464 7 0 Grading and registration of teachers — Head Office administration charges .. 300 0 0 Portion of Inspectors' salaries .. . • 294 3 8 Expenses of appeals . . • ■ • • 1 13 8 Printing and stationery .. •• 5 0 0 Inspection— Salaries of inspectors .. .. •• 4,290 4 3 Less part charged to grading of teachers, £294 3s. Bd. ; less part charged to Head Office administration, £760 .. 1,054 3 8 3,236 0 7 Travelling-expenses .. ■■ 1,280 17 4 Transfer and removal expenses .. 29 11 8 4,54b 9 7 Conveyance of pupils and instructors .. .. 13,942 14 10 Manual instruction in secondary schools .. .. 2, 521 J 6 Scholarships: War bursaries .. .. 848 5 7 Correspondence School (secondary department) — Head Offioe administration .. • • 40 0 0 Salaries •• 5,132 12 8 ' Books and stationery, £1,012; less recoveries from parents, £650 .. • • 362 0 0 Postage .. •• •• •• 0 ° Rent of offices • • • • • • 200 0 0 Cleaning, lighting, and sundries .. n n Depreciation on furniture .. • ■ 22 0 0 Interest on capital .. • • • • 13 0 0 g Printing and stationery .. • • • • ■ • 169 17 ® Miscellaneous . • •• •• •• l! ; ® Interest on capital .. •• •• 84,062 4 4 £690,689 4 9 £690,689 4 9

131

B.—l [PT. IV],

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. -Higher Education. mxr j r>« j• • ■ , Ex P enditure - £ s. d. Income. ' £ s. d. io Head Office administration charges .. .. .. 379 0 0 By Balance carried to General Income Grants to— and Expenditure Account .. 100,164 19 9 JNew Zealand University and University colleges for general purposes, &c. .. .. .. .. .. 39,700 14 2 New Zealand University and University colleges, being share of national-endowment revenue collected during 1934-35 .. .. .. .. .. .. 13,709 13 2 Scholarships and bursaries .. .. .. .. 11,543 12 5 Special assistance to deserving students .. .. 45 0 0 Interest on capital .. .. .. .. .. 34,787 0 0 £100,164 19 9 £100,164 19 9 Training of Teachers. Expenditure. £ s. d. Income. £ s d To Hea,d Office administration charges .. .. ~ 315 0 0 By Rent of buildings .. .. 825 3 5 Training colleges Balance carried to Generallncome Salaries of staff (including extra staffs of and Expenditure Account .. 17,573 111 practising schools in excess of the usual £ s. d. staff as public schools) .. .. 8,276 13 7 Special instruction .. .. .. 252 12 0 Science material .. .. .. 5 14 8 8,535 0 3 Allowances to students .. .. 1,597 18 8 Transport expenses .. .. .. 180 13 1 1,778 11 9 Training classes, including fares of instructors and teachers . . 2 10 0 Printing and stationery .. .. .. .. 1562 Interest on capital .. .. .. .. .. 7,751 17 2 £18,398 5 4 £18,398 5 4 Native Education. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. 1,517 15 10 By Rent of buildings and sites .. 27 15 0 Native schools £ s. d. Recovery from Fire Insurance Salaries of teachers .. .. .. 67,157 1 3 Fund .. .. .. 3 0 0 Manual instruction .. .. .. 417 6 2 Tauranga Endowment Reserve Books, school requisites, &c. .. .. 1,443 7 6 revenue .. .. .. 245 710 Alterations to buildings to diminish danger Balance carried to General Income from earthquake .. .. .. 812 0 and Expenditure Account .. 97,444 2 8 Repairs to buildings .. .... 5,910 1 6 Rebuilding of schools destroyed by fire .. 3 0 0 Miscellaneous ...... 39 7 2 Removal expenses of teachers .. .. 846 12 10 Depreciation on buildings .. .. 4,964 0 0 — 80,789 8 5 Conveyance and board of children .. .. 3,931 11 4 Inspection— Salaries of Inspectors .. .. .. 1,31317 8 Travelling-expenses .. .. .. 639 5 8 Transfer and removal expenses .. .. 37 0 0 I 1,990 3 4 Higher education : Scholarship allowances and expenses .. 4,151 18 8 Postage .. .. .. .. .. .. 9 13 2 Printing and stationery .. .. .. .. 10149 Interest on capital .. .. .. .. .. 5,319 0 0 £97,720 5 6 £97,720 5 6

132

B.—l [PT. IVI.

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Physical Education. Expenditure. £ s - d. Income. £ s. d. To Head Office salaries and administration charges .. .. 30 0 0 By Balance carried to General Income £ s. d. and Expenditure Account .. 1,740 LlO Salaries of Instructors .. . • • • 1 > 080 1 I Travelling-expenses .. • • ■ • 628 9 3 1,708 10 4 Books and material .. •. • • • ■ 1 12 6 £1,740 2 10 £1,740 2 10 Examinations. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. .. 1,785 19 4By Fees for examinations and certifiExaminers' and supervisors' fees .. •. • • 748 8 6 cates .. • • • • 1 > »32 Rents of buildings, forwarding charges, &c. .. •• 188 11 1 Balance carried to General Income Postage .. .. •• •• •• •• 155 9 4 and Expenditure Account .. 2,263 8 3 Printing and stationery .. • • • • • • 626 12 3 Rent of store, Wellington .. . • ■ ■ . ■ • 88 0 0 Transfer to University of New Zealand of fees received on account of school-certificate examination .. . • 407 12 5 Technological examination .. .. • • ■ • 168 L 5 3 Sundries .. .. • • • • • • • • 26 2 5 £4,195 10 7 £4,195 10 7 Miscellaneous. Expenditure. £ s. d. Income. £ s. d. To Accidents to school-children .. .. •• 40 12 3 By Registration fees : Education Act, Compassionate allowance to widow of late W. G. Blaekie .. 250 0 0 1914 . . Contribution to Eire Insurance Fund .. .. •• 10,000 0 0 Balance carried to General Income Amount written off, being part of premium on conversion: and Expenditure Account .. 00,107 Education Loans Account .. . . •. • • 502 15 6 Charges and expenses : Education Loans Account .. 25 0 0 Teachers' Superannuation Fund — Government subsidy under Superannuation £ s. d. Act, 1927 (section 12) .. ■■ 43,000 0 0 Subsidy under Finance Act, 1925 (section 14) 4,374 12 8 J 47,374 12 8 £58,193 0 5 £58,193 0 5 Special Schools and Child Welfare (Summary). Expenditure. Income. To Balances brought forward from separate By Balance brought forward from separate ac- £ s. d. accounts £ s - d - counts: Stores Summary Account .. 208 1 9 Education of the blind .. .. 2,704 8 4 Balance carried to General Income and ExEducation of the deaf .. .. .. 6,324 10 7 penditure Account .. .. •• 150,593 14 0 Education of the feeble-minded .. .. 16,868 13 3 Child welfare: General .. .. 124,904 3 7 £150,801 15 9 £150,801 15 9 Special Schools and Child Welfare. —General Administration. Expenditure: £ s. d. _ Income. . To Head Office salaries and administration charges 10,093 66 By Balance carried to separate special schools £ »• 1 • and child welfare accounts .. .. 10,093 ob £10,093 6 6 £10,093 (i Ji Education of the Blind. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges 60 0 0 By Maintenance fees .. •. Maintenance of State wards in New Zealand Amount previously set aside and not required Institute for the Blind .. • • 483 9 8 for bad debts .. .. • • • • 100 0 0 Grant to New Zealand Institute for the Blind .. 1,000 0 0 Balance carried to Special Schools Summary Travelling-expenses of children .. ■■ 55 14 9 Account .. > Interest on capital .. . ■ 1,615 0 0 £3,214 4 5 £3,214 4 5

133

B.—l [PT. IV],

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Education of the Deaf. Expenditure. £ s. d. Income. £ g. d. Io Head Office salaries and administration charges 400 0 0 By Maintenance fees .. .. .. 2,193 0 1 School for the Deaf £ s. d. Deductions from salaries of staff for board and Salaries of staff . . .. 5,203 8 6 quarters provided . . .. .. 375 0 0 Maintenance of children .. 1,874 19 7 Balance carried to Special Schools Summary Maintenance of buildings .. 252 16 4 Account .. . . . . .. 6 324 10 7 Depreciation on buildings .. 259 0 0 Depreciation on water system 31 0 0 7,621 4 5 Advertising.. .. .. .. 22 0 7 Travelling-expenses .. .. .. 329 5 8 Interest on capital .. .. .. 520 0 0 £8,892 10 8 £8,892 10 8 School for the Deaf. —Income from Bequests in the Hands of Public Trustee. (To be expended on amusements, &c., for inmates not usually provided by the Department from parliamentary vote.) Expenditure. £ s. d. Income. £ s. d. To Expenditure on recreations, &c. . . . . 185 4 7 By Balance of income in Post Office Savings-bank 211 14 4 Balance in hand, 31st March, 1935, carried to Income from bequests .. .. .. 109 10 6 Balance-sheet ... .. .. .. 140 12.8 Interest on deposits in Post Office Savings-bank 4 12 5 £325 17 3 . £325 17 3 Education and Training of the Feeble-minded. Expenditure. Income. £ s . d. To Balance (net cost) 011 — £ s. d. By Maintenance fees from parents, &c... .. 1,144 9 10 Richmond School for Girls . . .. 5,087 7 1 Amount previously set aside for bad debts and Otekaike School for Boys .. .. 12 ,684 15 9 not required .. .. .. .. 400 0 0 Head Office administration (non-institutional) 200 0 0 Recoveries on account of travelling-expenses.. 29 18 10 Travelling - expenses (including interest on Balance carried to General Income and Excapital on motor-cars) .. .. .. 394 211 penditure Account .. .. .. 16,868 13 3 Postage .. .. .. .. 76 16 2 £18,443 1 11 £18,443 1 11 Special School for Girls, Richmond. Expenditure. £ s. d. Income. £ s . d. To Head Office salaries and administration charges 120 0 0 By Deductions from salaries of staff for board and Salaries of staff .. .. .. .. 1,998 10 6 quarters provided .. .. .. 210 0 0 Maintenance of inmates .. .. .. 2,069 16 11 Sales of produce .. .. .. .. 12 9 1 Repairs to buildings .. .. .. 264 8 9 Balance carried to Education and Training of the Depreciation on buildings .. .. .. 386 0 0 Feeble-minded Income and Expenditure AcInterest on capital .. .. .. .. 471 0 0 count .. .. .. .. .. 5,087 7 1 £5,309 16 2 £5,309 16 2 Special School for Boys, Otekaike. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges 200 0 0 By Deductions from salaries of staff for board and Salaries of staff . . .. .. 5,406 411 quarters provided .. . . .. 965 0 0 Maintenance of inmates .. .. .. 5,113 16 9 Sales of timber .. .. .. .. 69 4 9 Repairs to buildings .. .. .. 312 14 10 Sales of mats, basketwork, &c. .. .. 186 17 4 Depreciation on buildings .. .. .. 1, 038 0 0 Balance carried to Education and Training of Depreciation on furniture . . . . . . 150 0 0 the Peeble-minded Income and Expenditure Depreciation on motor-vehicles .. .. 102 0 0 Account .. .. .. .. 12,684 15 9 Depreciation on plant and machinery .. 14 0 0 Balance (loss) from Farm Account .. . . 293 1 4 Interest on capital .. .. .. .. 1,276 0 0 £13,905 17 10 £13,905 17 10

134

B.—1 TPT. TYI.

EDUCATION DEPARTMENT —continued. Income and Expenbituke Account —continued. Special School for Boys, Otekaike (Farm Account). ExpcTidituTß. ITICOVYIC» £ s« d. To Stock on hand, Ist April, 1934— £ s. d. £ s. d. By Sales of produce (including issues to Otekaike Live-stock .. .. .. 455 4 1 institution) .. . • l,ba4 s ■> Farm-produce ' " . • 791 13 10 Stocks on hand, 31st March, 1935— £ s. d. 1,246 17 11 Live-stock .. .. .. 460 17 1 Purchase of live-stock 294 17 0 Farm-produce .. .. 710 17 4 Purchase of feed 54 7 1 1.171 14 5 Purchase of seeds and manures .. .. 119 13 11 Repairs to plant, buildings, &c. .. .. 70 16 7 Purchase of petrol, oil, and sundries .. .. 107 12 6 Salaries and wages of staff employed on farm . . 825 19 0 Depreciation on buildings . . .. ■ ■ 102 0 0 Balance carried down .. . ■ ■ • 43 18 8 _____ £2,866 2 8 £2,866 2 8 £ s. d. £ s- (! - To Head Office salaries and administration charges 25 0 0 By Balance brought down • • • • • • 43 18 8 Otekaike office salaries, &c 45- 0 0 Balance carried to Otekaike General Account .. 293 1 4 Interest on capital .. .. ■ • - • 267 0 0 £337 0 0 £ 337 0 0 Child Welfare Summary Account. Expenditure. £ s. d. Income. £ s. d. To Provision for bad debts 15,000 0 0 By Fees recovered from parents, &c„ for mamtenBoys' Training Farm, Weraroa •• 7,459 14 11 ance of children , ... * ■ •• -6,44b 13 Auckland Receiving Home .. .. 1,075 2 7 Balance carried to Special Schools Summary of Hamilton Receiving Home .. .. 816 9 8 Income and Expenditure Account .. 124,904 3 7 Miramar Children's Home .. ■ • 1,205 1 8 Wellington Girls' Hostel .. . . • ■ 907 16 6 Christchurch Receiving Home .. ■■ 1,210 13 2 Burwood Girls' Home .. . ■ • ■ 5,005 2 11 Timaru Girls' Home .. • • ■ ■ 460 1 2 Dunedin Receiving Home .. ■. • • 914 1 10 Auckland Boys' Home .. •• 1,473 13 5 Wellington Boys' Home .. . . ■ • 706 12 7 Christchurch Boys' Home .. .. • ■ 1,204 17 6 Dunedin Boys' Home .. •. • • 960 4 1 Non-institutional.. .. .. •• 112,951 5 5 £151,350 17 5 £151,350 17 5 Boys' Training Farm, Weraroa. Expenditure. £ s. d. _ _ Income. £ s. d. To Head Office salaries and administration charges 180 0 0 By Deduction from salaries of staff for board and Salaries and wages of staff 3,493 3 8 quarters provided 596 0 0 Maintenance of inmates 3,374 7 11 Rent of buildings 68 II 5 Repairs to buildings, &c 226 5 5 Board of inmates .. .. .. .. 5o 9 Telephones .. ■■ 17 8 4 Balance (profit) from Farm Account.. .. 660 13 3 Depreciation on buildings . . .. •• 613 0 0 Balance carried to Child Welfare General AcInterest on capital 886 0 count 7,459 14 11 £8,790 5 4 £8,790 5 4 Boys' Training Farm, Weraroa (Farm Account). EXjOßTlditltTCt iTtCOTYI&t To Stocks, Ist April, 1934— £ s. d. £ s. d. By Stocks, 31st March, 1935— £ s. d. £ s. d. Live-stock.. .. .. 1,562 15 6 Live-stock 1,658 16 6 Farm-produce .. .. 692 5 0 Farm-produce .. .. 953 ib 0 r 2,255 0 6 2,612 12 b Purchase of live-stock '4115 7 Sales of produce including issues to Weraroa Purchase of seeds and manures .. •• 155 5 2 institution . . ■■ • • 3,002 b 2, Purchase of feed .. .. ■■ 115 8 5 Transfer of live-stock to other institutions .. 15 0 0 Repairs to buildings, plant, &c. .. •• 84 14 11 Salaries and wages of staff .. . • ■ • 859 16 2 Sundries .. ■. ■ • • ■ • • 218 4 8 Depreciation on buildings .. . . . ■ 96 0 0 Depreciation on tractor . . . . • • 24 0 0 Balance carried down .. .. 1,779 13 3 £5,629 18 8 £5,629 18 8 £ s. d. £ 8 - d - To Head Office administration charges .. .. 30 0 0 By Balance brought down .. .. •• 1,779 13 3 Weraroa office charges .. • • ■ • 130 0 0 Interest on capital .. .. .. • • 959 0 0 Balance (profit) carried to Weraroa General Account .. .. •• ■• ■• 660 13 3 £1,779 13 3 £1,779 13 3

135

B.—l [PT. IYI.

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Girls' Homes and Receiving Homes.

Boys' Homes.

136

Auokland. Hamilton. Miramar. W Hostol° n Christchurch. 1 Burwood. Timaru.* J Dunedin. — !__ ' i Expenditure. £ s. d. £ s. d. £ g. d. £ s. d. £ g. d. £ g. d. £ s d £ g d To Head Office admims- 30 0 0 30 0 0 30 0 0 30 0 0 40 0 0 50 0 0 30 0 0 tration charges Salaries of staff .. 466 7 7 266 5 11 475 6 4 405 0 0 437 7 1 2,069 12 0 288 3 10 328 17 10 Maintenance of inmates 481 4 8 357 13 8 451 6 0 478 1 6 532 17 0 1,875 11 10 11 2 11 367 5 10 Repairs to buildings 38 8 2 47 0 1 104 19 6 82 19 4 129 0 0 ' 163 4 6 1 6 7 38 5 8 Telephone .. .. 7 12 6 5 10 0 5 6 3 4 5 0 6 7 6 8 15 0 1 0 0 ' 7 12 6 Depreciation on build- 59 0 0 66 0 0 159 0 0 37 0 0 78 0 0 398 0 0 53 0 0 58 0 0 ings Depreciation on furni- .. .. .. 32 0 0 .. 3 0 0 ture Interest on capital .. 151 0 0 94 0 0 197 0 0 82 0 0 131 0 0 865 0 0 179 0 0 144 0 0 Valuation fees .. .. . . .. . . t e 2 12 6 1,233 12 11 866 9 8 1,422 18 1 1,151 5 10 1,354 11 7 5,430 3 4 539 5 10 974 1 10 Income and, Balances. £ g. d. £ g. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Deduction from salaries 105 0 0 50 0 0 105 0 0 75 0 0 105 0 0 365 0 0 60 0 ō of staff for board and quarters provided Board of inmates . . 53 10 4 .. 3 16 5 168 9 4 38 18 5 Sales of produce and . . .. .. .. _ 30 0 5 79 4 8 stores Rent of buildingg .. . . . . 109 0 0 . . . . 30 0 0 Balance carried to Child 1,075 2 7 816 9 8 1,205 1 8 907 16 6 1,210 13 2 5,005 2 11 460 1 2 914 1 10 Welfare Income and Expenditure Account 1,233 12 11 866 9 8 1,422 18 1 1,151 5 10 1,354 11 7 5,430 3 4 539~5~10 974 1 10 * Timaru Home closed, 80th April, 1934.

Auckland. Wellington. Ohristchurch. Dunedln. Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. To Head Office administration charges .. ,. .. .. 40 0 0 30 0 0 35 0 0 30 o' 0 Salaries of staff . . .. .. .. .. .. 571 15 9 344 12 8 526 4 6 554 3 0 Maintenance of inmates .. .. .. .. .. 403 18 5 313 1 6 351 19 5 228 16 0 Repairs to buildings .. .. .. .. .. 23 4 0 10 14 10 59 12 7 37 15 1 Telephone .. .. .. .. .. .. 850 7 15 0 876 526 Depreciation on buildings .. .. .. .. .. 205 0 0 48 0 0 124 0 0 83 0 0 Interest on capital .. . . .. .. .. 305 0 0 108 0 0 150 0 0 206 0 0 1,557 3 2 862 4 0 1,255 4 0 1,144 16 7 Income and Balances. £ s. d. £ s. d. £ s. d. £ s d By Deduction from salaries of staff for board and quarters provided .. 75 0 0 75 0 0 30 0 0 60 0 0 Board of inmates .. .. - .. .. .. .. 8 9 9 72 8 9 20 6 6 86 12 6 Rent of buildings .. .. .. .. .. .. .. 828 .. 38 00 Balance carried to Child Welfare Income and Expenditure Account 1,473 13 5 706 12 7 1,204 17 6 960 4 1 1,557 3 2 862 4 0 1,255 4 0 1,144 16 7

B. —1 IPT. IV]

EDUCATION DEPARTMENT —continued. Income and Expenditure Account—continued. Child Welfare. —Non-institutional. Expenditure. £ s. d* Income. £ s. d. To Head Office salaries and administration charges 8,443 6 6 By Earnings of boys and girls placed at service Salaries of officers 14,286 8 8 (deceased: Earnings forfeited) .. 427 0 7 Maintenance of children Recoveries for clothing, &c., supplied by Depart-boarded-out— £ s. d. ment .. .. •• •• •• 715 15 0 Payments to foster-parents,. 74,171 13 7 Rent of buildings .. .. •• •• Clothing, &c 6,499 10 4 Rent of buildings 40 7 1 Post and Telegraph Depart- Sale of stores, &c. • • • • • • 90 10 b ment: Commission on Rent of buildings .. .. •• •• Jo 9 -j payments .. .. 689 4 6 Recoveries from parents tor travelling-expenses 241 8 8 81,360 8 5 Balance carried to Child Welfare Income and Maintenance of inmates in __ _ Expenditure Account .. .. .. 112,951 5 5 private institutions .. .. 3,433 13 7 Boys' Hostel, Auckland — Repairs to buildings .. 83 1 2 Depreciation on buildings .. 95 0 0 Interest on capital .. 177 0 0 355 1 2 Receiving Home, Wanganui (closed) — Repairs to buildings .. 41 18 5 Telephone ■ • • • 10 0 Depreciation on buildings .. 52 0 0 Interest on capital . • 77 0 0 171 18 5 Receiving Home, Napier (closed) — Depreciation on buildings .. 43 0 0 Interest on capital • • 56 0 0 99 0 0 Rent, office requisites, &c. .. •• 1,614 14 11 Payment to Justice Department for services rendered by staff of Registrar-General's Office .. .. .. •• 20 0 0 Legal expenses .. • ■ ■ • • ■ 19 5 7 Travelling - expenses of staff and children (including running-expenses of departmental motor-cars) .. ■■ •• 3,401 8 3 Transfer and removal expenses of staff .. 7 3 6 Refunds of maintenance payments . . •. 182 14 0 Postage 672 7 7 Printing and stationery .. . • • • 167 19 5 Telephones .. • • • • ■ • 393 6 5 Interest on capital (furniture, &c.) . ■ • • 53 0 0 £114,681 16 5 £114,681 16 5 Stores Summary Account. Expenditure. £ s. d. r n 9° me " n £ s. d. To Balance (loss) from Dunedin Store Account .. 23 12 10 By Balance (profit) from Wellington Central Store Balance transferred to Special Schools and Child Account .. . . •• •• ' ■ Welfare Summary Account 208 1 9 Balance (profit) from Auckland Store Account .. 14 4 Balance (profit) from Factory Account .. .. 93 1 0 £231 14 7 £231 14 7 Central Store, Wellington. Trading Account for the Year ended 31st March, 1935. j) r £ s. d. Gr. £ s. d. To Stock, Ist April, 1934 1,477 16 3By Issues to invitations &e 5,486 116 Purchases and issues from factory .. .. 4,437 I_ 0 Stock, 31st March, 1935 .. .. .. , Balance carried to Profit and Loss Account .. 757 16 1 £6,673 4 4 £6,673 4 4 Profit and Loss Account. j) r £ s. cl. Cr. £ s. d. To Head Office administration charges .. .. 40 00 By Balance (gross profit) from Trading Account .. 757 16 1 Salaries . . • ■ • • • • • ■ 347 4 0 Rent • • • • • • • ■ 64 0 0 Outward freight .. •. • • • • b 6 Fire insurance on stock .. . • • • 12 7 6 Sundries .. • • • • • • • • 2 1 1 Telephone .. .. • • • • • • ah Depreciation on fittings .. • • • • 15 0 0 Interest on capital .. •• •• •• 6100 Balance (profit) carried to Stores Summary Account 13119 3 £757 16 1 £757 16 1

18— B. 1 [PT. IV].

137

B.—l [PT. IV],

EDUCATION DEPARTMENT —continued. Income and Expenditure Account —continued. Branch Store. Auckland. Trading Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s. d.. To Stock, Ist April, 1934 .. .. 402 11 3 By Issues to institutions, &c. .. .. .. 1,142 18 7 Purchases and transfers from Wellington store.. 1,156 13 0 Stock, 31st March, 1935 .. .. .. 501 16 6 Balance carried to Profit and Loss Account .. 85 10 10 £1,644 15 1 £1,644 15 1 Profit and Loss Account. Dr. £ s. d. Or. £ s. d. To Head Office administration charges .. .. 5 0 0 By Balance (profit) brought down.. .. .. 85 10 10 Salaries .. .. .. .. 35 0 0 Sale of packing-cases .. .. .. .. 0 3 6 Rent .. .. .. .. 20 0 0 Interest on capital .. .. .. . . 19 0 0 Balance (net profit) carried to Stores Summary Account .. .. .. .. .. 6 14 4 £85 14 4 £85 14 4 Dunedin Branch Store. Trading Account for the Year ended 31st March, 1935. Dr. £ S. d. Cr. £ B . d. To Stock, Ist April, 1934 .. . . .. 444 9 4 By Issues to institutions, &c. .. .. .. 435 4 9 Purchases and transfers from Wellington store .. 404 8 5 Stock, 31st March, 1935 .. .. . . 463 0 2 Balance (gross profit) carried to Profit and Loss Account .. .. .. •• 49 7 2 £898 4 11 £898 4 11 Profit and Loss Account. Dr. £ s. d. Cr. £ s . d. To Head Office administration charges .. .. 5 0 0 By Balance (profit) brought down .. .. 49 7 2 Salaries .. .. . • • ■ 25 0 0 Balance (loss) carried to Stores Summary Account 23 12 10 Rent .. .. • • ■ • 20 0 0 Depreciation on fittings .. ' .. . . 3 0 0 Interest on capital .. .. .. . ■ 20 0 0 £73 0 0 £73 0 0 Clothing -factory, Wellington. Trading Account for the Year ended 31st March, 1935. Dr. Cr. £ s. d. £ s. d. To Stock, Ist April, 1934— £ s. d. £ s. d. By Goods manufactured and issued .. 2,178 14 2 Materials .. .. 93 11 1 Stock, 31st March, 1935— Part-manufactured goods .. 219 2 9 Materials .. . . .. 115 2 7 312 13 10 Part-manufactured goods .. 267 2 9 Issues from Central Store .. .. .. 1,388 2 0 382 5 4 Wages .. .. • • • • 656 3 10 Sale of rags .. .. .. .. 1 19 11 Balance (gross profit) carried down .. .. 205 19 9 £2,562 19 5 £2,562 19 5 Profit and Loss Account. Dr. £ s. d. Cr. £ - s. d. To Head Office administration charges .. .. 10 0 0 By Balance (gross profit) brought down .. .. 205 19 9 Power and lighting .. .. .. .. 16 6 8 Sundries .. .. .. . • • • 15 12 1 Rent .. .. ■ ■ .. 30 0 0 Depreciation on plant and fittings .. .. 27 0 0 Interest on capital .. .. .. .. 1400 Balance (profit) carried to Stores Summary Account 93 1 0 £205 19 9 £205 19 9

138

B. —1 [PT. IV

EDUCATION DEPARTMENT —continued. Balance-sheet as at 31st March, 1935. Liabilities. 4ssete. Capital provided by Treasury, £ £ g . d . to E t Public Works' Fund ..7,374,935 9 6 cation Bo J ds nd Consolidated Fund .. 1,081,462 910 4 - p S, "t.! TTT . , i , f nr £ s. d. £ s. cu Boys and girls at servwe: Wages m hands Primary education ..5,084,992 7 4 Department .. .. •• "4, Kindergartens .. .. 8,336 16 2 "erS • .. 29,208 4 1 Post-primary education .. 2,015 045 16 6 Government Departments x hers " m',009 12 9 Amounts paid to Department Education of the blind .. 38,000 0 0 16 Q , GrTmophon°e e sTnd radio sets 590 16 10 Departmental assetsEducation Gazette .. 28 15 10 Land .. •• 0 School Journal 9 0 Hydro-flectric services .. 1,898 0 9 Teachers certificate fees .. 340 1 038 15 6 Water services .. .. 808 2 4 School for the Deaf, Sumner- Furniture fittings &c .. " .«0 410 Capital Account: Bequests for special pur- ( . P I;2n 2 2 Income from bequests for'special purposes .. ' 140 12 8 Motor buses, cars, and cycles 2,16116 10 Stores Suspense Account - •• 23 Ty JK^ B 666 4 0 Treasury Adjustment Account .. •• 3,142,175 11 appliances .. g Q libraries .. . 342,722 3 6 Stocks of materials on hand, 31st March, 1935 — School books and requisites 1,701 3 5 General stores .. •• 6,208 12 6 Farm-produce .. •• 1,664 13 4 Live-stock .. •• 2,168 6 1 11,742 15 4 Stores Deficiency Account .. . • • • 233 13 6 Official stamps on hand, 31st March, 1935 . . 16 410 Premium on conversion : Education Loans Account .. . • • • • ■ • • 4,022 4 6 Amount paid in advance .. • • • • 010 v Sundry debtors — £ s - d. General .. •• 149,202 10 4 Less Reserve .. .. 19,896 1 6 129,306 8 10 Government Departments 96,097 17 11 225,404 6 9 Cash in hands of Public Trustee : Sumner bequests .. •• •• 2,710 14 0 Cash in hands of Post Office Savings-bank : Sumner bequests • • • • • • 12 8 Cash in hands of Post Office Savings-bank : Wages of boys and girls at service.. •• 64,094 13 9 Cash in hands of Post Office, 31st March, 1935.. 210 12 0 Balance from Income and Expenditure Account 2,948,128 19 9 £11,697,343 10 4 £11,697,343 10 4 Notts—m The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value of office^&c. as Sd by S the Public Works Department; (b) interest on capital. (2) No charge for the cost of exchange on payments made in London is included m the accounts. CRAWFORD, A.R.A.N.Z., Accountant, W. S. La Trobe, Acting Director of Education. I hereby certify that the Income and Expenditure, Trading, and Profit and Loss Accounts, and Balance-sheet have been duly examined and compared with the relative books and documents submitted state the position as disclosed thereby, subject to the departmental notes enfaced thereon.—J, H. Fowler, Deputy Controller and Auditor-General.

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