E.—7.

ARTS AND GENERAL—continued. Balance-sheet as at 31st December, 1931. Capital Statement. Liabilities. Fixed Assets. £ s. d. Buildings and equipment— £ s. d. Capital balance .. .. .. .. 248,241 0 5 Arts building .. .. .. .. 130,786 15 3 Arts furniture .. .. .. .. 9,261 6 3 Students'building .. .. .. .. 23,450 16 5 Students'furniture .. .. .. .. 1,321 13 0 Caretaker's cottage .. .. .. .. 2,042 4 0 Swanson Cottage .. .. .. .. 605 14 0 Engineering building .. .. .. 987 8 0 Engineering equipment .. .. ~ 3,047 14 0 Engineering furniture .. .. .. 72 9 0 Science building .. .. .. .. 22,530 0 0 Science equipment .. .. .. .. 4,812 0 0 Science furniture .. .. .. .. 399 8 0 Office equipment .. .. .. .. 226 10 0 Grounds equipment .. .. .. .. 69 12 6 Library .. .. .. .. .. 5,707 10 0 Properties— £ s. d. Science building-site .. 5,920 0 0 Arts building-site .. • .. 24,520 0 0 30,420 0 0 Endowment lands .. .. .. .. 12,500 0 0 £248,241 0 5 £248,241 0 5 Statement No. 2. Liabilities. £ s. d. Assets. £ s. d. Endowment sales .. .. .. .. 10,534 12 7 Endowment sales investment .. .. .. 10,534 12 7 Endowment royalties .. .. .. 1,025 0 4 Endowment royalties investment .. .. 1,025 0 4 General Endowment Eund .. .. .. 7,461 2 9 General Endowment Eund investment .. .. 7,461 2 9 Engineering Building Reserve Fund .. .. 1,528 711 Engineering Building Reserve Fund investment .. 1,528 711 Depreciation and Endowment Fund .. .. 7,260 0 0 Depreciation and Endowment Fund investment .. 7,260 0 0 Mennie bequest—School of Commerce .. .. 1,300 0 0 Mennie bequest—School of Commerce —Investment 1,300 0 0 Building Fund .. .. .. .. 52 18 2 Building Fund investment—Auckland Savings-bank 52 18 2 Student Building Fund .. .. .. 106 1 0 Student Building Fund investment — Auckland Student Furniture Fund .. .. .. 49 7 5 Savings-bank .. .. .. .. 106 1 0 Student fees —In advance .. .. .. 68 7 6 Land-utilization Research Fund—Bank of New Land-utilization Research Fund .. .. 343 14 8 Zealand .. .. .. .. .. 343 14 9 School of Engineering—-Test fees, Suspense .. 8 5 5 Sundry debtors— Rents in Suspense .. .. .. .. 422 1 6 Endowment rent — £ s. d. Prizes — £ s. d. Accrued .. .. .. 31 5 9 Allum Prize .. .. 6 3 4 Arrears .. .. .. 315 17 11 Journalism Prize .. .. 0 5 0 In Suspense —Five years .. 422 1 6 Forestry Prize .. .. 10 0 0 769 5 2 Auckland Brick Manufacturers' Depreciation and Endowment Fund interest — Scholarship .. .. 135 0 0 Cathcart .. .. .. .. 25 0 0 Butterworth Prize .. .. 0 2 0 Student fees .. .. .. .. 175 6 6 151 10 4 Revenue investment—Post Office Savings-bank Revenue funds .. .. .. .. 426 11 11 interest .. .. .. .. 3 4 3 Balance at Bank of New Zealand, £ s. d. 31st December, 1931 .. 914 17 6 Less unpresented cheques .. ■ 26 9 8 888 7 10 Post Office Savings-bank .. 11l 10 5 999 18 3 Add interest— Endowment royalties .. 2 5 9 General Endowment Fund .. 3 16 2 1,006 0 2 Less Workers' Educational Assotion's share national endowment, £303 15s. ; Medical library funds, £205 2s. 3d.; Land - utilization Reserve Fund, £343 14s. Bd. .. 852 12 0 153 8 2 £30,738 1 6 £30,738 1 6

12