B.—l [PT. IY, Sup.] .

WESTPORT HARBOUR ACCOUNT. Revenue Account for the Year ended 31st March, 1925. Expenditure. £ s. d. Income. £ s. d. To Stock as at Ist April, 1924 .. .. 9,296 3 1 By Endowment revenue .. .. 14,911 11 9 Salaries .. .. .. .. 1,263 411 Special wharfage on coal .. .. 20,616 16 2 Dredging .. .. .. 7,908 9 8 Port charges .. .. .. 5,050 13 6 Harbour maintenance .. .. 3,195 9 6 Special coal rate .. .. .. 6,939 8 2 Working-expenses of tug .. .. 610 3 3 Rent .. .. .. .. 91 11 0 Compensation for accidents .. 7 113 Sale of surplus stores, &c. .. .. 2,071 18 1 Retiring-allowance .. .. 342 8 8 Interest on investments .. .. 494 19 4 Office expenses .. .. .. 219 11 10 Royalty on sand, &c. .. .. 143 2 9 Grant to School of Mines .. .. 25 0 0 Hire of plant .. .. .. 54 16 6 Audit fees .. .. .. 10 0 0 Miscellaneous receipts .. .. 3 13 9 Miscellaneous expenses .. .. 5 0 0 Stock as at 31st March, 1925 .. 8,341 9 9 Depreciation .. .. .. 3,015 010 Interest on loans .. .. .. 22,496 17 6 Balance carried down .. .. 10,325 0 3 £58,720 0 9 £58,720 0 9 £ s. d. £ s. d. To Transfer to sinking fund .. .. 4,613 3 3 By Balance brought down .. .. 10,325 0 3 Balance (excess income over expenditure for year carried down 5,711 17 0 £10,325 0 3 £10,325 0 3 £ s. d. £ s. d. To Balance brought forward from previous By Balance brought down .. .. 5,711 17 0 year .. .. .. .. 37,355 6 1 Transfer from Reserve Account .. 32,585 0 5 Special Coal Rate Account adjustment 941 11 4 £38,296 17 5 £38,296 17 5 Balance-sheet as at 31st March, 1925. Liabilities. £ s. d. Assets. £ s. d. Loan capital— Eastern Breakwater .. .. 202,142 0 0 Westport Harbour Board Act, 1884 .. 1,823 10 8 Western Breakwater .. .. 163,545 0 0 Westport Harbour Board Act, 1884, Training-walls .. .. .. 102,998 0 0 and Loan Acts, 1896, 1897, and Limestone quarry .. .. .. 128 0 0 1900 .. .. .. .. 294,117 12 11 Orowaiti protective works and Buller Westport Harbour Board Loan Act, relief channel .. .. .. 7,141 0 0 1908 .. .. .. .. 117,647 1 2 Floating basin .. .. .. 73,575 0 0 Appropriation Act, 1919, section 32 .. 30,495 0 0 Gridiron .. .. .. .. 2,196 0 0 Dredge wharf .. .. .. 2,790 0 0 444,083 4 9 Martin's Island .. .. .. 700 0 0 Reserve Account .. .. .. 55,650 5 6 Harbour buildings .. .. .. 4,619 0 0 Sinking Fund .. .. .. 104,991 13 7 Dredges, tug" Mana," &c. .. .. 25,361 0 0 Depreciation Reserve Account .. 12,060 3 2 Stock and stores .. .. .. 8,341 9 9 Sundry creditors—• £ s. d. Sundry debtors— £ s. d. Accrued interest .. 3,844 5 2 For interest, &c. .. 5,333 2 1 On open account .. 991 12 4 On open account .. 1,747 14 10 4,835 17 6 7,080 16 11 Treasury Advance Account .. .. 141,126 17 2 Sinking fund investments .. 104,991 13 7 Temporary investments .. 36,000 0 0 Cash— In Public Account .. 19,315 10 9 With High Commissioner, London .. 1,823 10 8 —— 21,139 1 5 £762,748 1 8 £762,748 1 8 G. C. Godfrey, Secretary. J. E. En gel, Accountant. I hereby certify that the Revenue 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, except that the terms of section 7, Westport Harbour Act, 1920, require the whole charge for interest and sinking fund to be included in the accounts. —J. H. Fowler, Deputy Controller and Auditor-General.

Authority: W. A. G. Skinner, Government Printer, Wellington.—l92s.

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