B.—l [PT. IY, Sup.].

MINES DEPARTMENT —continued. Income and Expenditure Account fob the Year ended 31st March, 1927. Expenditure. £ s. d. Income. £ s. d. To Advertising, &c. .. .. .. .. 75 14 5 By Interest .. .. .. .. .. 57 18 0 Assistance to mining— £ s. d. Waimea-Kumara water sales .. .. 349 10 10 Prospecting .. .. 8,418 5 G Waimea-Kumara timber royalties .. .. 654 5 0 Roads .. .. .. 1,374 17 10 Territorial revenue under Mining Act .. 266 6 8 Bounty, Onakaka .. .. 6,694 3 0 • Registration and other fees .. .. .. 466 9 0 Experiments in coal-dust .. 140 5 0 Goldfields revenue .. .. .. 15,364 5 9 Experiments in brown coals .. 259 711 Balance .. .. .. .. .. 34,578 8 4 Mining Conference .. .. 350 0 0 Dunstan Miners' jubilee .. 50 0 0 Buller Diamond Jubilee .. 100 0 0 Flood damage, Ross .. .. 100 0 0 17,486 19 3 Coal Inquiry Board expenses .. .. 96 3 I Depreciation .. . . .. .. 617 8 3 Drills (maintenance of) .. .. .. 207 11 10 Examinations .. .. .. .. 11l 4 9 Expenses re oil-boring licenses .. .. 187 6 7 Freight, cartage, &c. .. .. .. 2 13 0 Fuel, light, water, &c. .. .. .. 45 0 11 Law-costs .. .. .. .. 292 9 6 Office requisites .. .. .. .. 25 18 10 Outfit allowances and field expenses .. . 26 0 0 Postages, telegrams, &e. .. .. .. 225 10 4 Printing and stationery .. .. .. 295 1 4 Rents .. .. .. .. .. 588 4 9 Salaries .. .. .. .. 8,664 3 4 Schools of Mines .. .. .. .. 3,717 4 9 Telephones .. .. .. . . 179 14 8 Travelling expenses and allowances .. .. 1,753 12 0 Waimea-Kumara Water-race maintenance . . 1,298 3 0 Sundry expenses and instrument maintenance.. 27 10 5 Bad debts, &c. .. .. .. .. 449 2 10 { Goldfields revenue .. .. ..15,364 5 9 £51,737 3 7 £51,737 3 7 £ s. d. £ s. d. To Balance .. .. .. .. .. 34,578 8 4 By Balance .. .. .. .. .. 36,397 15 11 Interest on capital.. .. .. .. 1,819 7 7, £36,397 15 11 £36,397 15 11 Balance-sheet as at 31st March, 1927. Liabilities. £ s. d. -Assets. £ s. d. Capital .. .. .. .. .. 42,439 411 Land .. .. .. .. .. 4,349 0 0 Treasury Adjustment Account .. .. .. 21,237 18 4 Buildings .. .. .. .. .. 378 1 6 Depreciation Reserve .. .. .. .. 4,042 3 1 £ s. d. Sundry creditors .. .. .. .. 16,731 3 8 Furniture and fittings .. .. 1,013 5 6 Deposits .. .. .. .. .. 4,480 9 7 Less provisionally written off .. 22 14 2 990 11 4 Mechanical appliances .. .. .. 385 3 6 Instruments .. .. .. .. 200 14 0 Plant and machinery .. .. 1,107 16 0 Less provisionally written off 1,034 8 1 73 7 11 Library, maps, &c. .. .. .. 184 7 0 Mineral collections .. .. .. 66 11 0 Exhibits .. .. .. . . 273 2 5 Motor-cars .. .. .. . . 615 0 3 Drills and equipment .. .. 10,193 13 1 Less provisionally written off .. 25 9 3 — 10,168 3 10 Water-races .. .. .. .. 10,808 18 0 Loans to oif-boring companies and others .. .. .. 17,324 5 4 Less reserve .. .. .. 5,000 0 0 12,324 5 4 Sundry debtors .. .. .. 9,872 17 6 Less provisionally written off .. 3,125 8 9 ■ — 6,747 8 9 Rents accrued but not due .. ~ 10 10 0 Stores and stocks on hand.. .. 86 19 10 Less provisionally written off 17 6 85 12 4 Cash in hands of receivers .. .. 11,075 19 6 Deficiency for year— Mines Department .. 36,397 15 11 Less profit from coal revenue .. 6,203 13 ,0 30,194 2 11 £88,930 19 7 £88,930 19 7 Note. —Subsidies totalling £34,511 12s. sd. made to mining companies are recoverable, but only if payable gold in sufficient quantities is won. The following charge is included for which the Department possesses no parliamentary appropriation : Interest at 4£ per cent, on capital as at Ist April, 1926. The accounts relating to the Geological Survey have been transferred to the Department of Industrial and Scientific Research. G. Jas. Anderson, Minister of Mines. A. W. Gyles, A.1.A.N.Z., 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.

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