E.—7

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER, 1925. Receipts and Expenditure. Receipts. £ s. d. Expenditure. £ s. ci. Balance brought forward, 31st December, Live-stock .. .. .. .. 1,539 7 8 1924 .. .. .. .. 279 3 10 Manures .. .. .. .. 429 12 3 Transferred from investment account .. 161 16 2 Seeds .. .. . . .. 203 18 10 Sheep .. .. .. .. 4,588 3 9 Farm contingencies .. .. .. 668 17 1 Cattle .. .. .. .. 389 12 5 Implements .. .. .. .. 233 11 8 Pigs .. .. .. .. 358 16 9 Saddlery .. .. .. .. 79 5 7 Wool, skins, and fat .. .. .. 903 13 10 Workshops . . .. .. .. 317 710 Dairy-produce .. .. .. 37 6 1 Orchards and grounds .. .. .. 177 12 O Wheat .. .. .. .. 2,999 0 3 Farm wages .. .. .. .. 2,023 13 1 Other grain .. .. .. 1,332 14 5 Staff salaries .. .. .. 2,837 3 6 Farm trades .. .. .. .. 300 16 4 Students'maintenance.. .. .. 2,928 14 2 Farm contingencies ■ .. .. 76 0 0 College contingencies .. .. .. 1,055 4 6 College contingencies .. .. .. 632 4 9 Buildings .. .. .. .. 416 16 6 Rents .. .. .. .. 3,651 4 2 Laboratories .. .. .. .. 206 19 11 Interest in investments .. .. 584 2 2 Library .. .. .. .. 51 8 3 Interest on Post Office Savings-bank Ac- Stationer}-, telephone, &e. .. .. 139 8 1 count .. .. . . .. 1 10 5 Students' books .. .. .. 63 13 9 Students'fees .. .. .. 2,898 3 4 Printing and advertising .. .. 31 711 Students' books .. . . .. 33 12 9 Board expenses .. .. . . 69 4 9 Students' stationery .. .. .. 16 17 5 Students' fees refunded .. .. 80 8 0' Laboratories and veterinary fees .. 85 7 3 Students' travelling-expenses .. .. 20 0 0 Students' maintenance-—Refunds .. 8 7 0 College insurances .. .. .. 158 7 6 Saddlery fees .. . . .. 5 8 0 Benefit Fund Premiums Account .. 134 0 4 Benefit Fund premiums—Refunds . 93 17 8 Prizes and certificates .. .. .. 48 4 3 College insurance—Rebates .. .. 21 18 6 Farm fuel .. .. .. .. 37 13 11 Memorial Hall—Old Boys' Association Grain .. .. .. .. 1,465 1 3 donation .. .. .. .. 65 0 0 Memorial Hall .. .. .. 346 2 4 Prizes and certificates .. .. .. 8 2 0 Rates .. .. .. .. 215 15 8 Farm fuel .. .. .. .. 8 0 0 Exhibition expenses .. .. .. 65 0 0 Defalcations by M. Banks written off .. 270 13 3 Balance, 31st December, 1925 .. .. 2,472 17 11 £19,540 19 3 £19,540 19 3 | , r Bank Reconciliation. By Cash in bank on 31st £ s. d. December, 1925 .. 2,583 13 8 Less outstanding cheques on 31st December, 1925 .. .. 151 0 3 2,432 13 5 Cash in Post Office Savings-bank on 31st December, 1925 .. .. 40 4 6 £2,472 17 11 Investment Account. £ s. d. £ s. d. To Balance, Ist January, 1925 .. .. 11,661 16 2 By Transfer to General Account .. 161 16 2 Balance in Mortgage Account .. 11,500 0 0 £11,661 16 2 . £11,661 16 2 R. E. Alexander, Director. Examined and found correct, subject to the exception that the deposit during the year of College funds with the New Zealand Refrigerating Company is contrary to law. —G. F. C. Campbell, Controller and Auditor-General.

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