B.—l [PT. IY, Sup.].

TREASURY DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1925. Expenditure. I Income. £ s. d. To Administrative charges— £ s. d. £ s. d. IBy Inscribed stock fees, &c. .. .. 1,071 15 6 Salaries .. .. 22,802 10 6 Exchange and commission .. .. 17,903 3 11 Allowances, overtime,&c. 296 0 4 { Balance carried down .. .. 41,483 1 2 Office expenses .. 87 13 3 Postages, &e. .. 2,249 2 0 Telephone subscriptions 158 18 4 Printing and stationery 4,650 5 4 Office requisites, repairs, &c. .. .. 282 13 6 Travelling-expenses .. 294 111 Telegrams beyond Dominion .. .. 1,202 12 7 Annual rental value of premises (a) .. 2,145 0 0 34,168 17 9 Refunds of unclaimed money .. 51 13 10 Interest coupons lost in transit . . 3 7 6 Compassionate allowance .. .. 490 9 0 Premium paid to Wheat Account .. 9,948 0 0 j Expenses collection worn silver coin .. 654 11 0 Depreciation .. .. .. 188 7 4 j Consolidated stock management charges 14,952 14 2 £60,458 0 7 | £60,458 0 7 £ s. d. | By Recoveries on account of expenditure £ s. d. To Balance brought down .. .. 41,483 1 2 j of previous years .. .. 57 0 0 Interest on capital (b) .. .. 97 19 3 Excess of expenditure over income .. 41,524 0 5 £41,581 0 5 ! £41,581 0 5 Notes. —The following charges are included for which the Department possesses no parliamentary appropriation : — (a.) Rental value as assessed by Public Works Department. (6.) Interest at 4| per cent, on capital as at Ist April, 1924. Depreciation has been allowed for on balances of assets as at Ist April, 1924, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for value of furniture transferred to other Departments. Balance-sheet as at 31st March, 1925. Liabilities. £ s. d. Assets. £ s. d. Capital as at Ist April, 1924 .. .. 2,176 18 6 Office furniture, fittings, and equipment .. 1,200 11 3 Sundry creditors for outstanding expenses 1,488 9 5 Mechanical appliances .. .. .. 1,063 12 0 Depreciation reserve .. .. .. 645 19 7 Library .. .. .. .. 70 18 5 Treasury Adjustment Account .. .. 39,764 16 6 Stock of stamps .. .. .. 415 8 Writings-off in suspense .. .. 118 6 Sundry debtors .. • .. .. 193 16 9 Expenses paid in advance .. .. 18 9 6 Excess of expenditure over income .. 41,524 0 5 Suspense Account .. .. .. 1 18 6 £44,078 2 6 £44,078 2 6 A. D. Park, Accountant to the Treasury. The Treasury, Wellington, Bth July, 1925. I 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, subject to the above departmental notes. —J. H. Fowler, Deputy Controller and Auditor-General.

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