H.—3o

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APPENDIX K.

POVERTY BAY FARMERS' MEAT COMPANY (LIMITED).—BALANCE-SHEETS.

APPENDIX L. Liabilities. Assets. Nominal capital— £ s. d. £ s. d. £ s. d. £ s. d. 100,000 shares at £5 .. 500,000 0 0 Steamer .. .. 397,212 18 3 Subscribed capital — Buildings .. ..131,011 6 2 20,689 ordinary shares Cookhouse plant .. .. 538 9 5 8,086 preference shares Horses, carts, and harness.. 206 7 6 3,082 preference "B" Insulated trucks .. .. 1,214 1 1 28,971 shipping shares Motor-cycle .. .. 239 0 0 Motor-lorry .. .. 221 0 0 60,828 .. ..304,140 0 0 Plant and machinery .. 70,627 11 5 Less uncalled — Railway-siding .. .. 2,522 15 7 3,782 shares at £2 15s. .. 10,400 10 0 Land .. .. .. 14,648 8 9 618,441 18 2 293,739 10 0 Office furniture .. .. .. 609 13 4 Less calls in arrears .. 20,099 11 2 Stocks and stores .. .. .. 9,830 7 1 273,639 18 10 Consignments .. .. .. 12,759 19 5 Loan on mortgage .. .. .. 25,000 0 0 Advances to clients .. .. .. 3,949 13 8 Government debentures .. .. 7,000 0 0 Hydro-electric shares .. .. .. 3,950 0 0 Secured creditors .. .. .. 60,000 0 0 Sundry debtors .. .. .. 3,090 10 0 Unclaimed dividends .. .. .. 97 19 0 Bills receivable .. .. .. 15,235 6 0 Advances against consignments.. .. 7,385 2 3 Steamer Running Account .. .. 5,958 14 2 Bills payable .. .. .. 1,179 14 0 Steamer: General advance and claims .. 2,469 14 6 Accruements .. .. .. .. 3,650 0 5 Workman: Arbuckle and Mackinnon .. 8,855 18 1 National Bank of New Zealand .. ..303,326 1 0 Imperial Government .. .. .. 2,192 5 6 "Admiral Codrington " : £ s. d. Loss on consignments .. .. .. 3,024 11 6 Freight .. .. 35,267 10 5 Less general ex- £ s. d. penses .. 7,249 19 5 Disburse m en t No. 4 .. 23,566 11 7 30,816 11 0 4,450 19 5 Sundry credits .. .. • • 1,587 6 8 £ s. d. Profit and Loss Account .. 3,822 6 4 Less balance forward .. 770 15 11 3,051 10 5 £690,368 12 0 £690,368 12 0

— 1919. ! 1920. 1921. 1922. 1923. j I " Crea,8e - — j | | 1920-1923 . Valuation of — £ £ £ £ £ £ (a.) Works.. .. .. 186,078 191,979 216,869 219,365 221,229 + 30,000 (6.) Steamer .. .. .. 384,421 395,953 396,307 397,213 + 12,000 186,078 576,400 612,822 615,672 618,442 42,000 Bank overdraft .. .. 88,337 205,379 255,905 171,714 185,011 Bank overdraft, "Admiral Cod- .. .. .. 152,580 163,591 rington " Account 88,337 205,379 255,905 324,294 348,962 Cr. 10,523 No. 2 Account. £338,439 net +£133,000 Call Account Gr. £36,000