STATEMENT No. 9. Railway Sawmills and Bush Accounts.—Combined Trading and Profit and Loss Accounts.

STATEMENT No. 9a. Railway Employees' Sick Benefit Society.

D.—2.

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Dr. 1928-29. 1927-28. Or. 1928-29. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. T* Stock of timber, firewood, and logs on hand at 1st April, 99,-883 13 2 129,728 12 1 By Sales, issues, and transfers — £ s. d. 1928 Timber .. .. .. .. 100,438 5 1 Purchases and transfers — £ s. d. Firewood .. .. .. .. 3,902 3 6 Timber .. .. .. .. 10,337 3 10 Logs .. .. .. .. 11,001 7 6 Firewood.. .. .. .. 2,866 13 0 — — 115,341 16 1 173,424 0 9 Logs .. .. .. .. 16,840 18 4 Stocks on hand at 31st March, 1929 — 30,044 15 2 63,165 6 8 Timber .. .. .. .. 42,202 12 8 Logs .. .. .. .. 639 4 10 Royalty payments .. .. .. .. .. 2,767 2 8 9,680 17 6 — —— 42,841 17 6 99,883 13 2 Wages .. .. .. .. .. .. 16,542 2 0 33,961 19 6 Bents .. .. .. .. 501 7 0 538 14 3 Salaries and miscellaneous payments, including interest 31,001 8 0 52,595 16 3 Written off to Reserve Account .. .. .. .. 11,378 17 6 on capital Net loss carried forward .. .. .. .. 21,554 0 5 3,907 6 4 £180,239 1 0 £289,132 12 0 £180,239 1 0 £289,132 12 0

Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. To Balance to Accumulated Fund .. .. .. .. 6,334 14 11 By Contributions .. .. .. .. .. .. 2,786 6 2 Entrance fees .. .. .. .. .. .. 1,447 2 6 Subsidy as per Section 5, Subsection (1), of Government Railways Amendment Act, 1928, charged to Working Railways Account .. .. .. .. .. .. 2,101 6 3 £6,334 14 11 £6,334 14 11 Balance-sheet. Liabilities. £ s. d. Assets. £ s. d. Accumulated Fund Account .. .. .. .. 6,334 14 11 Cash in Working Railways Account.. .. .. .. 6,303 18 9 Contributions outstanding on 31st March, 1929 .. .. 20 13 8 Entrance fees outstanding on 31st March, 1929 .. .. 10 2 6 £6,334 14 11 £6,334 14 11