B.—l [PT. IV].

PUBLIC WORKS DEPARTMENT—continued. MAINTENANCE OF PUBLIC BUILDINGS (CONSOLIDATED FUND): WELLINGTON WORKSHOPS. Trading and Profit and Loss Account for the Year ended 31st March, 1927. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Materials used— By Output for the year—Purchases during year .. 23,063 15 1 Completed jobs—• Add stocks in hand, Ist April, \ On Trading Account .. 63,960 8 4 1926 .. .. .. 9,800 19 6 Maintenance of shops .. 1,293 4 0 32,864 14 7 65,253 12 4 Deduct stocks in hand, 31st Add work in progress, 31st • March, 1927 .. .. 11,058 17 7 March, 1927 .. .. 2,852 11 5 21,805 17 0 Workshops wages (productive) .. .. 28,802 12 7 68,106 3 9 Cartage (recoverable) .. .. .. 1,522 8 5 Deduct work in progress, Travelling-expenses (recoverable) .. .. 96 15 1 31st March, 1926 .. 6,785 17 5 Gross profit, carried down .. .. .. 9,806 13 0 61,320 6 4 Transfers from stock .. .. .. 713 19 9 £62,034 6 1 £62,034 6 1 To Overhead expenses— £ s. d. Supervision— £ s. d. £ s. d. By Gross profit, brought down .. ~ 9,806 13 0 Salaries .. .. 2,852 8 3 Balance, being net loss for year .. .. 3,040 0 5 Supervisory wages .. 2,570 18 6 —— 5,423 6 9 Holiday pay .. .. .. .. 1,786 18 2 Accident compensation .. .. .. 240 17 9 Travelling-expenses .. .. .. 231 6 11 Rebates .. ■ .. .. .. 63 18 8 Power .. .. .. .. 3119 6 Maintenance of shops and sundry expenses 1,127 15 2 Rent of premises .. .. .. 1,245 311 Depreciation — £ s. d. Motor-vehicles .. 89 0 0 Loose tools, &c. .. 193 15 5 282 15 5 Depreciation Reserves — Buildings, 2 per cent, (seven months) .. .. 98 0 0 Plant, 5 per cent.. . .. 83 15 0 Office furniture .. .. 3 5 0 185 0 0 Interest at 4J per cent, on net monthly balances of cash advances from Head Office .. 1,948 1 2 £12,846 13 5 £12,846 13 5 Note. —The following charges have been included for which the Department possesses no parliamentary appropriation under the above vote: (a) Reserve for depreciation of fixed assets; (b) interest on cash advances at 4J per cent: (c) assessed rent, £940.

10 —B, 1 [PT. IV],

73