E.—7

Statement of the Receipts and Expenditure of the Auckland University College for the Year ended 31st December, 1911. I. Genebal Account. Receipts. £ s. d. Expenditure, £ s. d. Balance, Ist. January, 1911 .. .. 6,419 14 3 Salaries .. .. .. .. 4,931 6 8 From Government— Office expenses .. .. .. 24 2 4 Statutory grant .. .. .. 4,000 0 0 Stationery .. .. .. .. 20 4 9 Additional grant .. .. .. 1,200 0 0 Printing .. .. .. .. 102 17 10 Endowments— Advertising .. .. .. .. 35 2 2 Rents collected by Land Board .. 394 2 9 Cleaning, lighting, and warming .. 104 8 6 Rents oolleoted by Registrar .. .. 138 14 11 Insurance .. .. .. .. 29 12 4 Taupiri rent .. .. .. 110 0 0 Commission (bank account) .. .. 010 0 Musio examinations .. .. .. 128 16 0 Furniture and fittings .. .. .. 13 13 0 Annual examinations .. .. .. 7 7 0 Repairs .. .. .. .. 199 7 8 Sale of calendars, &o. .. .. .. 4 6 6 Contribution to School of Mines .. 373 11 8 Miscellaneous .. .. .. .. 33 0 6 Water rates .. .. .. .. 11 8 0 Interest— Lecture requisites (Professor Brown) .. 100 18 1 Debentures .. .. .... 16 0 0 „ (Professor A. P. W. Thomas) 103 11 3 Mortgage (Grey Street) .. .. 37 10 0 Library .. .. .. .. 124 8 0 Mortgage (Great South Road) .. .. 30 5 0 Premiums .. .. .. .. 33 16 0 Auckland Savings-bank .. .. 4 0 0 Music examination expenses .. .. 79 19 0 Post-Offioe Savings-bank .. .. 12 5 5 Annual examination expenses .. .. 918 3 Students'fees .. .. .. .. 2,175 9 0 Endowment expenses .. .. .. 517 11 School of Music .. .. .. 7 14 6 Legal expenses .. .. .. 20 14 6 Miscellaneous .. .. .. 27 17 0 Professors and leoturers (students'fees) 2,175 9 0 Balance, 31st December, 1911 — Debentures .. .. £400 0 0 Mortgage (Grey Street) .. 750 0 0 (Great South Road) 550 0 0 Auokland Savings-bank .. 134 12 2 Post-Office Savings-bank 372 5 0 Bank of New Zealand — Current account .. 3,968 5 9 6,175 2 11 £14,711 11 4 £14,711 11 4 11. Skpabate Accounts. 1. Specialization Account, School of Commerce and School of Mines. Receipts. £ s. d. | Expenditure. £ s. d. Prom Government — Balance, Ist January, 1911 .. .. 499 18 8 Grant .. .. .. .. 2,000 0 0 Salaries .. .. .. .. 1,722 18 4 Building .. .. .. 145 0 0 Office expenses .. .. .. .. 19 4 3 Material and apparatus .. .. 158 0 0 Stationery .. .. .. .. 9 6 0 Miscellaneous .. .. .. .. 2 7 5 Printing .. .. .. .. 49 2 6 Students' fees .. .. .. 188 10 0 Advertising .. .. .. .. 11 6 3 Balance, 31st December, 1911 .. .. 727 0 7 Cleaning, lighting, and warming .. .. 11l 6 8 Contribution from General Account :. 373 11 8 Insurance .. .. .. .. 8 2 3 Furniture and fittings .. .. .. 25 1 3 Repairs .. .. .. .. 414 2 Water-rates .. .. .. .. 4 0 0 Lecture requisites (Professor Jarman) .. 125 8 4 (Mr. Lamb) .. .. 134 13 10 (Mr. Wilson) .. .. 235 4 0 Library .. .. .. .. 28 12 10 Commission and interest.. .. .. 1 17 0 Miscellaneous .. .. .. .. 1 11 8 Scholarships .. .. .. .. 40 0 0 Professors and lecturers (student' fees) .. 188 10 0 £3,594 9 8 £3,594 9 8 Balance, Ist January, 1912 .. .. £727 0 7 2. Sinclair-Gillies Trust Account. £ s. d. £ s. d. Balanoe, Ist January, 1911 .. .. 3,773 12 8 Scholarships .. .. .. 140 0 0 Interest on £3,000 on mortgage at 5 per Balance, 31st December, 1911— cent. .. .. .. .. 150 0 0 Auokland Savings-bank .. .. 215 7 3 Interest— Post-Office Savings-bank .. .. 590 18 7 Auckland Savings-bank .. .. 4 0 0 On mortgage .. .. .. 3,000 0 0 Post-Office Savings-bank .. .. 18 13 2 £3,946 5 10 63,946 5 10 3. J. L. Sinclair (Bequest). £ s. d. £ s. d. Balance, Ist January, 1911 .. .. 26 9 4 Balance, 31st December, 1911— Interest (Auckland Savings-bank) .. .. 10 9 In Auckland Savings-bank .. .. 27 10 1 £27 10 1 £27 10 1 Examined and found correct, except that the item "Rents collected by Land Board, £394 2s. 9d.," appearing in the General Account, include two amounts of £89 17s. and £76 respectively, resulting from the sale of endowment lands, for which there is no authority of law, —R. J. Collins, Controller and Auditor-General.

3—E. 7.

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