B.—l [Pt. TV].

54

MENTAL HOSPITALS DEPARTMENT. Balance-sheet as at 31st March, 1923. Liabilities. £ s. d. Assets. Capital .. .. .. .. 811,627 13 1 £ s. d. £ s. d. Sundry creditors .. .. .. 11,476 19 0 Land .. .. 164,433 10 0 Depreciation Reserve .. .. 16,784 18 9 Less reserve for loss Treasury Adjustment Account .. 280,642 1111 on sale of land .. 1,062 10 0 103,371 0 0 Buildings.. .. .. .. 489,292 0 0 Development-work.. .. .. 1,963 15 0 Improvements .. .. .. 55,819 5 9 Furniture and fittings .. .. 17,07112 6 Plant and machinery .. .. 105 10 0 Motor vehicles .. .. .. 3,508 0 0 Other vehicles .. . . .. 896 0 0 Loose and artisans'tools .. .. 1,893 13 3 Farm implements .. .. .. 1,997 1 9 Stores and equipment .. .. 63,926 3 6 Live-stock .. .. .. 19,988 13 0 Sundry debtors .. .. .. 1,212 18 4 Expenses paid in advance .. .. 425 3 1 Excess of expenditure over income .. 299, 061 6 8 £1,120,532 2 9 £1,120,532 2 9 General Income and Expenditure Account for the Year ended 31st March, 1.923. To Institutional accounts —• £ s. d. By Balance (excess of expenditure over £ s. d. Auckland.. .. .. .. 46,557 11 8 income) .. .. .. 299,001. 0 8 Christchurch .. .. .. 54,802 10 3 Dunedin .. .. .. 74,914 5 0 Hokitika .. .. .. 20,700 14 4 10 Nelson .. .. .. .. 21,231 4UO Porirua .. .. .. 55,308 5" 2 Tokanui .. .. .. 23,383 4g7 Rent not apportioned .. .. 184 0 0 Loss on sale of land .. .. 1,002 I.o^o Interest .. .. .. .. 790 19 10 £299,001 0 8 £299,001 6 8 G. C. Holder, For Inspector-General. I hereby certify that the Income and Expenditure Aooount 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— (1.) No charges have been included for wages of inmates engaged on the farms. (2.) Pending a detailed valuation of the land, buildings, and improvements comprising the farms, the correct charge for intorest and depreciation cannot be ascertained. (3.) The valuations of land, buildings, and improvements are incomplete. (4,) The amount of sundry creditors appears to have been considerably underestimated. (6 ,) The valuations of live-stock have been made by the Head Office, and appear to be on the low side. (6,1 The income from maintenance fees does not represent the earnings- for the year, and the outstandings at the end of the year have not been correctly stated. il.) The accounts include charges against the Department for rent, interest, maintenance of buildings, and land, &c, for which the Mental Hospitals Department possesses no appropriation by Parliament. J. H. Fowler, Deputy Controller and Auditor-General.