25

B.—l [PT. IY, SUP. B].

MARINE DEPARTMENT—continued. Sale of Oysters, 1925 Season. Trading Account. Dr. £ s. d. Cr. £ s. d. To Salaries and wages .. .. .. 4,412 6 6 By Sales .. .. .. .. 10,205 5 0 Maintenance of ketch and launches .. .. 844 15 4 Freight and cartage .. .. .. 799 1610 Sacks and stores .. .. .. .. 426 15 1 Wharfage and crane dues .. .. .. 88 6 7 Rent, light, &c. .. .. ~ .. 54 3 3 Depreciation of ketch and launches .. .. 336 13 6 Gross profit transferred to Profit and Loss Account .. .. .. .. 3,242 7 11 £10,205 5 0 £10,205 5 0 Profit and Loss Account. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 211 16 0 By Gross profit transferred from Trading Account 3,242 711 Travelling-expenses .. . . . . 9117 Office expenses .. .. .. .. 15 0 0 Printing and stationery .. .. .. 28 310 Advertising .. .. .. .. 4 12 5 Interest on capital .. .. .. 374 10 2 Net profit .. .. .. .. 2,517 311 £3,242 7 11 £3,242 7 11 Balance-sheet as at 31st Mabch, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 556,032 0 0 Land and buildings .. .. .. .. 37,163 1 3 Sundry creditors .. .. .. .. 8,342 4 6 Lighthouses (including land, towers, buildings, Rentals, &c., paid in advance .. .. .. 19 5 0 furniture, apparatus, and equipment) .. 259,009 16 11 Depreciation Reserve .. .. 46,431 3 8 Automatic lights .. .. .. .. 36,665 4 6 Fog-signals .. .. .. .. .. 397 4 0 Radio direction-finding experiments .. .. 1,971 3 8 Beacons, buoys, and moorings .. .. 7,787 10 2 Government steamers .. .. .. 20,084 9 3 Wharves .. .. .. .. .. 2,354 0 0 Harbour equipment (including boats, flagstaffs, signalling-apparatus, tools, &c.) .. .. 2,044 4 0 Oyster-beds.. .. .. .. .. 122,956 5 8 Oyster ketch and launches .. .. .. 6,518 1 9 Fish-hatcheries and equipment .. .. 2,489 8 8 Fisheries Development Account .. .. 38,934 12 9 Motor-vehicles .. .. .. .. 859 17 2 Horses .. .. .. .. .. 675 7 7 Meteorological instruments and apparatus .. 2,336 10 3 Automatic flashing-lamps .. .. .. 343 12 10 Test-pumps and pressure-gauges .. .. 277 15 0 Office furniture and fittings .. .. .. 5,169 16 0 Mechanical office appliances .. .. .. 970 10 9 Library .. .. .. .. .. 1,433 0 8 Marine stores .. .. .. ..11,859 12 3 Charts, saleable books and forms .. .. 3,450 18 1 National health, pensions, and unemploymentinsurance stamps .. .. . . .. 396 16 0 £ s. .d Sundry debtors .. ..12,575 2 2 Less reserve for rebates, &c. .. 874 9 2 11,700 13 0 Treasury Adjustment Account .. .. 15,680 12 2 Excess expenditure over income .. .. 17,294 8 10 £610,824 13 2 £610,824 13 2 12th July, 1926. 6. C. Godfrey, Secretary. J. E. Engel, Accountant. 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. —G. F. C. Campbell, Controller and Auditor-General.

4—B. 1 [PT. IY, SUP. 81.