E.—2.

[Appendix B.

Statement of Assets and Liabilities— continued.

Balance Account, 1909. 1910. £ s. a. 1910. k. s. d. Jan. 1. To Balances brought down— Jan. 1. By Balances brought down — Capital .. .. .. 43,838 19 7 Investments .. .. 40,012 11 6 Dec. 31. Balances carried forward— Valuation Aocount .. .. 181 8 7 Investments .. .. 38,121 0 0J Primary rents over-apportioned 141 11 2 Cash in bank .. .. 92 7 7 ; Cash in bank .. .. 3,503 8 4 Dec. 31. Balances carried forward— Capital .. .. .. 37,797 4 2 Primary rents under - apportioned .. .. .. 400 11 5 Secondary rents under-appor-tioned .. .. .. 15 12 0 £82,052 7 2 j £82,052 7 2 1911. 1911. Jan. 1. Balances brought down — I Jan. 1. Balances brought down — Capital .. .. .. 37,797 4 Investments .. .. 38,121 0 0 Primary rents under - appor- Cash in bank .. .. 92 7 7 tioned .. .. .. 400 11 5 Secondary rents under-appor-tioned ...... 15 12 0 £38,213 7 7 £38,213 7 7 Wμ. Dallas, Chairman. C. Macandkew, Treasurer.

Examined and found correct, except that the following payments have no authority of law, and are therefore disallowed : Members' travelling-expenses, attending meetings, £120 os. Id.; members' travelling-expenses, inspecting reserves, £37 Is. 6d.; motor-car and wagonette hire for members, £8 10s. —E. J. Collins, Controller and Auditor-General.

XVI

Liabit ui .ties. Primary. Secondary. Total. Due primary apportionment to Education Boards ... Due secondary apportionment to High Schools Board Rents overpaid Outstanding cheques Amount due to Public Trustee, account Elliott's mort- £ s. d. £ b. d. £ s. d. 400 11 5 1 14 2 37 19 8 7,900 0 0 15 12 0 0 15 0 400 11 5 15 12 0 2 9 2 37 19 8 7,900 0 0 gage Total liabilities 8,340 5 3 16 7 0 8,356 12 3