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Balance-sheet as at 31st December, 1923. (Statbmbkt No. 1.) Fixed Assets. , Liabilities. Buildings and equipment — £ s. d. £ s. d. £ s, d. £ s. d. New Arts Buildings .. 45.272 5 1 Capital Account- Balance, Students'Buildings .. 4,099 15 6 Ist January, 1923 .. 147,363 1 0 Grounds, cfeo. .. .. 1,703 5 9 Arts Building .. .. 34,144 5 9 51,075 0 4 Students'Building .. 2,240 17 3 Science Building . .. ~ 20,000 0 0 Retaining-wall, grounds, &c. 117 10 (i Science equiprne.nl .. 9,566 12 5 30,502 13 6 Less depreciation .. 956 12 5 • 8,610 0 0 Engineering Building .. 3,024 13 o Less depreciation . . 151 4 9 2,873 8 3 Engineering equipment .. 4,168 1 5 Less depreciation . . 416 16 5 3,751 5 0 Furniture— Science Building . . 663 11 2 Less depreciation .. 82 18 8 580 12 6 Engineering Building .. 131 6 8 Less depreciation .. 16 8 4 114 18 4 Ails accommodation .. 427. 5 6 Less depreciation .. 53 8 0 373 17 6 Offloe furniture and fittings .. 227 2 0 Library .. .. 3,424 6 IO Add 1923 additions .. 613 16 5 4,038 3 3 Less depreciation .. 302 17 3 3,735 6 0 Endowment lands .. .. 61,311 0 0 Properties— Science Building site .. .. 5,920 0 0 Arts Building site .. .. 24,500 0 0 Balance (to Statement No. 2) .. 792 18 7 £183,865 14 6 £183,805 14 6 (Statement No. 2.) Assets. Liabilities. Cash at Bank of New Zoa- £ s. d. £ s. d. £ s. d. £ s. d. land— Balance from Statement No. 1 .. 792 18 7 General Account .. 10,634 8 0 Endowment sales .. .. 10,246 0 0 Fixed deposit .. .. 16,000 0 0 New Building Fund— Imprest .. .. 30 0 0 Donations and subsidies 19,719 5 6 26,604 8 0 Less survey fees .. 789 11 4 Endowment sales investment — 18,929 14 2 Auckland City Council £ ;;. cl. Workers Educational Assodebentures '.. .. 10,200 0 0 ciation Fund .. .. .. 789 I 9 War-loan certificates .. 40 0 0 Revenue — 10,240 0 0 Balance as at Ist January, Mortgage investments .. .. 3,525 0 0 1923 .. .. 10,774 0 5 Auckland City Council .. .. 400 0 0 Less Workers' Eduoadebenture3 tional Association Unexpired insurances . . .. 82 9 4 share national enPhysics notes .. .. .. 31 7 0 dowment, 1922 .. 300 0 0 Sundry debtors — Rent arrears, 1922 ... .. 190 5 2 10,474 0 5 Rent anears, 1923 .. . . 112 3 4 Less 1921 student fees 128 0 0 Mortgage arrears .. .. 24 7 0 ■ Mortgage interest accrued .. 36 J1 4 10,340 0 5 Student fees arrears, 1921 .. 2 0 0 Plus refund Engineering Student fees arrears, 1922 .. 210 0 equipment .. 325 11 2 10,071 11 7 Less excess expenditure over income .. 112 311 —— 10,559 7 8 £41,317 2 2 £41,317 2 2 M. R. O'Shua, Registrar.

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