B.—l [Pt. IV, Sup. B].

33

MARINE DEPARTMENT— continued,. Sale of Oysters, 1923 Season. Production Account. Dr. £ s. d. Or. £ s. d. To Wages of overseers and pickers .. 2,775 7 6 By Balance transferred to Trading Account 2,775 7 6 £2,775 7 6 £2,775 7 6 Trading Account. Dr. £ s. d. CY. £ s. d. To Balance transferred from Production By Sales .. .. .. .. 7,355 17 0 Account .. .. .. 2,775 7 6 Wages of storemen and labourers .. 283 15 5 Freight and cartage .. ... 324 18 3 Sacks and stores .. .. .. 237 12 9 Wharfage .. .. .. 53 6 0 Maintenance of ketch and launches .. 701 7 11 Depreciation on ketch and launches .. 159 7 8 Gross profit transferred to Profit and Loss Account .. .. .. 2,820 2 0 £7,355 17 6 £7,355 17 6 Profit and Loss Account. Dr. £ s. d. Or. £ s. d. To Salaries .. .. .. .. 332 610 By Gross profit transferred from Profit Rent and electric light .. .. 54 1 2 and Loss Account .. .. 2,820 2 0 Travelling-expenses .. .. 107 14 0 Printing and stationery .. .. 9 2 0 Advertising .. .. .. 015 9 Telephone rental .. .. .. 5 2 6 Not profit transferred to Income and Expenditure Account .. .. 2,310 19 9 £2,820 2 0 £2.820 2 0 Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 539,725 410 Land and buildings .. .. .. 36,497 910 Sundry creditors .. .. .. 5,748 10 0 Lighthouses (including land, towers, buildDepreciation Reserve Account .. .. 29,718 18 9 ings, furniture, apparatus, and equipTreasurv Adjustment Account .. .. 10.616 9 4 ment) .. .. .. .. 260,934 8 11 Automatic lights .. .. .. 29,167 2 3 Fog-signals .. . . .. .. 250 0 0 Buoys, beacons, and moorings .. .. 7,706 2 3 Government steamers .. .. 25,698 1 1 Wharves .. .. .. .. 2,354 0 0 Harbour equipment (including boats, flagstaffs, signalling-apparatus, tools, &c.) 2,079 4 0 Oyster-beds .. .. .. 122,173 13 2 Oyster ketch and launches .. .. 0,065 17 7 Fish-hatcheries and equipment .. 2,180 5 5 Fisheries Development Account .. 32,311 13 5 Motor-vehicles .. .. .. 200 17 S Horses .. .. . . .. 050 10 0 Meteorological instruments and apparatus 2,190 5 2 Automatic flashing lamps .. .. 343 12 10 Test-pumps and pressure-gauges .. 277 15 0 Office furniture and fittings .. .. 4,483 0 5 Mechanical office appliances .. .. 701 15 0 Library .. .. .. .. 1,397 19 0 Marine stores .. .. .. 11,787 4 9 Charts, saleable books, and forms .. 3,833 S 3 Sundry debtors .. .. .. 5,281 12 2 Excess expenditure over income .. 27,231 4 9 £585,809 2 11 £585,809 2 11 J. E. Engel, Accountant. G. 0, Godfrey, Secretary. T 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, except that the accounts include charges against the Department for rent, interest, services of Customs Department, and the construction and maintenance ol' lighthouses, for which the Department possesses no parliamentary appropriation, and also charges for services rendered to the Customs Department for which that Department possesses no parliamentary appropriation. —G. E. C. Campbell, Controller and Auditor-General,

s—B.5 —B. 1 [Pt. IV, Sue. B].