G.—2

2

Balance-sheet as at 31st March, 1922. Amounts held under— £ s. d. Sundry assets— £ s. d. £ s. d. £ s. d. West Coast Settlement Re- Office furniture .. 282 18 6 serves Act, 1892 .. 86,644 5 5 Less depreciation (10 Native Reserves Act, 1882 percent.) .. 28 6 0 (as per statement at- 254 12 6 tached) .. .. 44,976 12 3 Office fittings .. 360 19 0 Native Land Act, 1909 Less depreciation (20 (Part X) .. .. 157,170 10 5 percent.) .. 72 4 0 Miscellaneous funds (including 288 15 0 Maori Land Board accounts) 518,232 3 0 Office instruments and Sundry creditors . . .. 314 8 0 machinery .. 251 0 0 Reserve and Assurance Fund 12,193 15 4 Less depreciation (15 Investment Fluctuation Fund 1,285 0 0 percent.) .. 37 13 0 213 7 0 Stationery .. .. .. 259 0 0 1,015 14 6 Stocks, bonds, and debentures— Government securities .. .. 65,000 0 0 Local bodies'securities.. .. 195,290 0 0 260,290 0 0 Mortgages (including special investments) ..: .. .. .. : 451,856 18 2 Interest due and accrued .. .. 13,436 17 3 Payments in advance — Telephone rentals .. .. .. .. 26 19 0 Cash on deposit .. .. 2,000 0 0 Cash on hand, and Agents'balances 92,191 5 6 94,191 5 6 £820,816 14 5 £820,816 14 5 Revenue Account for the Year ended 31st March, 1922. Dr. £ s. o £ s. d. Or. £ s. d. To Salaries — By Commissions, fees, and charges .. 4,439 9 2 Permanent .. 4,027 7 1 Net interest on investments .. .. 14,768 11 10 Temporary .. 538 711 4,565 15 0 Additions, improvements, repairs, maintenance, and insurance of plant, &c. — Office furniture .. . . .. 25 7 0 Audit fees for inspection of accounts .. 50 0 0 Overtime and meal allowances .. 30 11 0 Postages, telegrams, freight, cartage, and rent of boxes .. .. 143 15 8 Post and Telegraph Department —Payment for services .. .. 50 8 6 Printing and stationery .. .. 179 5 9 Rent .. .. .. .. 325 0 0 Stores for cleaning, lighting, tiring, &c. 0 6 9 Telephone charges .. .. .. 47 3 8 Travelling expenses and allowances— Officers on transfer £125 16 4 Officers on duty .. 14 211 139 19 3 Contingencies .. .. .. 33 9 7 Depreciation of office furniture, fittings, instruments, and machinery .. 138 3 0 Net profit to Appropriation Account .. 13,478 15 4 £19,208 1 0 £19,208 1 0 Appropriation Account for the Year ended 31st March, 1922. Dr. £ s. d. Or. £ s. d. To Reserve and Assurance Fund .. 12,193 15 4 By Net profit for year ending 31st March, Investment Fluctuation Fund .. 1,285 0 0 1922, transferred.. .. .. 13,478 15 4 £13,478 15 4 £13,478 15 4