B.—l [Pt. IY].

DEPARTMENT OF AGRICULTURE —continued. TE KAUWHATA HORTICULTURAL STATION. Working Account and Profit and Loss Account for the Year ended 31st March, 1926.

Summary.

MOUMAHAKI EXPERIMENTAL FARM. Kealization Account, sth June, 1925. Dr. £ 3. d. Cr. £ s. d. To Land .. .. •• •• 9,945 0 0 By Depreciation reserves .. .. .. 2,017 18 3 Permanent improvements .. .. .. 7,292 19 5 Sales and lease valuations — Endowment Furniture, fittings, and fixtures .. .. 219 14 8 Account .. .. .. .. 36,247 14 8 Implements and tools .. .. .. 924 16 5 Sales (including from Ist April, 1925, to sth Live-stock .. .. •• •• 3,588 17 6 June, 1925) Consolidated Fund .. .. 4,620 15 7 Farm crops and stores .. .. .. 898 6 1 Sundry expenses (Ist April, 1925, to sth June, 1925) .. .. • • • • •• 462 3 6 Interest on capital (three months) .. .. 257 5 8 Balance (profit on realization) .. .. 19,297 5 3 £42,886 8 6 £42,886 8 6

2 —B. 1 [Pt. IV].

9

Plantation General Farm. Vineyard. Wine-eellar. Horticulture. Management. Totals. i Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. 400 0 0 838 10 5 19 12 3 11,351 10 4 .. .. 12,609 13 0 Labour .. .. .. 842 15 7 352 18 1 880 15 8 606 14 8 239 8 9 .. 2,922 12 9 Inter-section charges .. 29 12 6 .. 56 19 8 1,130 10 0 .. .. 1,217 2 2 Sundries .. .. 45 5 2 168 0 11 28 12 6 54 13 6 0 5 4 .. 296 17 5 Cartage and freight .. 46 8 1 .. .. 80 19 8 .. .. 127 7 9 Sheep and sugar .. .. .. 373 16 10 .. 368 10 7 .. .. 742 7 5 Seeds, manures, and sprays .. 189 6 11 50 2 0 .. 1 5 6 .. 240 14 5 Bottles, corks, and labels .. .. .. .. 406 2 2 .. .. 406 2 2 Cases and straws .. .. .. .. 359 2 9 .. .. 359 2 9 Licenses.. .. .. .. .. .. 22 10 0 .. .. 22 10 0 Balances carried down .. 1,064 7 8 .. 121 9 11 2,358 4 1 .. .. 3,544 1 8 2,428 9 0 1,922 13 2 1,157 12 0 16,738 17 9 240 19 7 .. 22,488 11 6 To Balances brought down .. .. 9 5 8 .. .. 171 15 5 .. 181 1 1 Repairs and maintenance .. 12 3 0 61 14 0 .. 13 8 10 0 15 8 20 17 5 108 18 11 Salaries and sundry expenses 2 12 4 .. .. .. .. 695 12 11 698 5 3 Depreciation .. .. 85 0 5 129 13 6 18 8 ] 92 17 7 4 12 0 115 7 2 445 18 9 Interest on capital .. 280 4 1 161 17 6 109 12 11 581 1 4 16 4 2 26 11 8 1,175 11 8 Administration charge .. .. .. .. .. .. 16] 13 2 161 13 2 Balances (profits).. .. 865 18 3 .. .. 1,707 12 6 .. .. 2,573 10 9 1,245 18 1 | 362 10 8 128 1 0 2,395 0 3 193 7 3 1,020 2 4 5,344 19 7 = Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales — Bark, posts, and firewood 1,560 94 .. .. .. .. .. 1,560 9 4 Sheep and wool .. .. 779 5 3 .. .. .. .. 779 5 3 Produce and sundries .. .. 140 14 3 12 14 0 10 7 6 24 1 8 .. 187 17 5 Wine (bulk) .. .. .. .. .. 3,153 10 9 .. .. 3,153 10 9 Wine (case) .. .. .. .. .. 3,313 16 .. .. 3,313 1 6 Inter-section credits .. 5 2 2 118 7 6 1,125 0 0 .. 7 15 6 .. 1,256 5 2 Stock, 31st March, 1926 .. 862 17 6 875 0 6 19 18 0 10,261 18 0 37 7 0 .. 12,057 1 0 Balances carried down .. .. 9 5 8 .. .. 171 15 5 .. 181 1 1 2,428 9 0 1,922 13 2 1,157 12 0 16,738 17 9 240 19 7 .. 22,488 11 6 By Balances brought down .. 1,064 7 8 .. 121 9 11 2,358 4 1 .. .. 3,544 1 8 Rents and royalties .. 181 10 5 .. .. .. .. 183 12 0 365 2 5 Profits on fixed-asset sales .. .. 4 0 3 .. 36 16 2 .. .. 40 16 5 Balances (losses) .. .. .. 358 10 5 6 11 1 .. 193 7 3 836 10 4 1,394 19 1 1,245 18 1 362 10 8 128 1 0 2,395 0 3 193 7 3 1,020 2 4 5,344 19 7 ; l .

Section. | Profit. ! Loss. Management. Proflt ' loss - £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Wattle Plantation .. .. 865 18 3 .. 109 0 1 756 18 2 General Farm .. .. .. 358 10 5 127 7 5 .. 485 17 10 Vineyard .. .. .. .. 6 11 1 127 7 5 .. 133 18 6 Wine-cellar.. .. .. 1,707 12 6 .. 399 18 2 1,307 14 4 Horticulture .. .. .. 193 7 3 72 17 3 .. 266 4 6 2,064 12 6 886 0 10 Less losses .. .. .. j .. .. 886 0 10 Net profit .. .. .. .. .. 1,178 11 8