B.—l [Pt. IV].

46

KAURI-GUM INDUSTRY ACCOUNT. Statement of Accounts for the Year ended 31st March, 1923. Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. To Cash in hand, Ist April, 1922 .. 1,945 6 2 By Wages to workmen, overseers, and Sales of kauri-gum .. .. 32,814 9 9 gum-buyers .. .. .. 2,537 5 9 Miscellaneous receipts and proceeds Plant, machinery, stores, &v. .. 307 0 7 from consignments .. .. 980 2 8 Purchases of kauri-gum .. .. 21,157 711 Freights, &c. .. .. .. 3,471 13 0 General and office expenses, administration, &c. .. .. .. 1,288 7 11 Interest on loan debentures and sinking fund .. .. .. .. 4,835 510 Cash in hand at Treasury, 31st March, 1923 .. .. .. .. 2,088 11 1 £35,745 18 7 £35,745 18 7 Trading Account. '£ s. d. £ s. cl. To Gum on hand, Ist April, 1922 .. 00,270 18 7 By Gum on hand, 31st March, 1923 .. 00,753 9 9 Purchases of gum .. .. .. 20,883 11 9 Sales of gum .. .. .. 32,814 9 9 Wages .. .. .. .. 2,679 0 1 Gum scut on consignment .. .. 11l 17 11 Freights inward .. .. .. 980 18 1 Balance, being gross profit, to Profit and Loss Account .. .. 8,859 8 11 £93,679 17 5 £93,679 17 5 Profit and Loss Account. £ s. d. £ s. d. To Freights outward .. .. .. 2,657 16 4 By Trading Account .. .. .. 8,859 811 General expenses .. .. .. 130 19 8 Profit from sales of stores, &c. .. 114 2 8 Cables, &c. .. .. .. 77 0 5 Sacks, gum-casss, and consumable stores .. .. .. .. 787 8 2 Fire insurance .. .. .. 210 10 10 Printing and stationery .. .. 37 19 5 Depreciation .. .. .. 09 15 0 Rent .. .. .. .. 300 0 0 Salaries .. .. .. .. 481 10 11 Loss on consignments .. .. 242 14 1 Balance carried down .. .. 3,971 4 9 £8,973 11 7 £8,973 11 7 £ s. d. £ s. d. To Balance cm Ist April, 1922 .. .. 5,873 4 8 By Balanco brought down .- .. 3,971 4 9 Intorost on debentures .. .. 3,275 0 0 Balance as por balance-sheet .. 5,176 19 11 £9,148 4 8 £9,148 4 8 Balance-sheet as at 31st March, 1923. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Land at faco-works and elsewhere, with Loan Account —Debentures buildings, fences, and improvements .. 5,127 12 6 issued under Kauri - gum Vacuum-tank, fittings and plant, and Industry Act, 1914 .. 75,000 0 0 royalties, short-workings .. .. 2,900 010 Less sinking fund in hands Plant and store: fittings .. .. 251 310 of Treasury .. .. 347 8 0 Tools, Auckland and depots .. .. 44 3 4 74,652 12 0 Live and dead stock .. .. .. 52 14 3 Crown Lands Account .. .. .. 500 0 0 Furniture and office fittings .. .. 107 11 5 Sundry creditor's, for supplies, &o. .. 923 0 2 Sacks, gum-oases, and. consumable stores 364 6 0 Sundry creditors, for gum-purchases .. 509 17 9 Charges paid in advance .. .. 102 11 0 Interest on debentures.. .. .. 1,342 12 3 Gum on hand .. .. .. 60,753 9 9 Gum on consignment .. .. .. 894 15 1 Sundry debtors .. .. .. 64 2 8 Cash on hand .. .. .. 2,088 11 1 Profit and Loss Account .. .. 5,176 19 11 £77,928 8 2 £77,928 8 2 R. P. Greville, Kauri-gum Superintendent. I hereby certify that the balance-sheet and supporting statements have been duly examined and compared with the relative books and documents submitted for audit and correctly state the position as thereby disclosed ; also that the stocks on hand are as certified by the Kauri-gum Superintendent. —G. F. C. Campbell, Controller and Auditor-General.