B.—l [PT. IY].

TREASURY DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1932. Expenditure. Income. £ s. d. To Administration charges— £ s. d. By Bank exchange, commission, discount, &c. .. 726 9 7 Salaries .. .. .. .. 25,663 7 6 Inscribed stock fees .. .. .. 1,768 5 0 Legal expenses .. .. .. .. 115 0 Receipts: Unclaimed moneys .. .. 3,309 18 7 Office requisites .. .. .. 180 14 11 Receipts: Unclaimed' dividends, New Zealand Overtime, &c. .. .. .. .. 87 14 7 consolidated stock .. .. .. 220 11 5 Postage and telegrams .. .. .. 3,399 2 8 Conscience-money .. .. .. 90 19 2 Printing and stationery .. .. .. 3,217 16 11 Unpresented cheques .. .. .. 296 9 4 Telegrams beyond the Dominion .. .. 922 4 2 Balance carried down .. .. .. 66,920 10 7 Telephone subscriptions, &c. .. .. 241 17 0 Travelling-expenses .. .. .. 76 18 9 Annual rental value of premises (a) .. 2,412 0 0 Rent: Dunedin office .. .. .. 143 0 3 Office expenses .. .. .. .. 16 8 0 Expenses of Local Government Loans Board.. 214 12 6 Compassionate allowances .. .. .. 22 6 5 Stamp duty on Treasury bills .. .. 2,987 10 0 Consolidated stock— Management charges .. .. ... 29,039 1 2 Stamp duty on transfers .. .. 4,292 15 7 Depreciation .. .. .. .. 410 10 7 Losses irrecoverable .. .. .. 3 7 8 £73,333 3 8 £73,333 3 8 £ s. d. To Balance brought down .. .. .. 66,920 10 7 By Recoveries on account of expenditure of pre- £ s. d. Interest on capital (b) .. .. .. 219 2 11 vious years .. .. .. .. 94 16 0 Excess of expenditure over income .. 67,044 17 6 £67,139 13 6 £67,139 13 6 Note. — The following are included for which the Department has not obtained parliamentary appropriation : (a) Rental value of premises as assessed by Public Works Department; (6) interest on capital at 4i per cent. Depreciation has been allowed for on balance of assets as at Ist April, 1931, the total charge being carried to Depreciation Reserve. Balance-sheet as at 31st March, 1932. Liabilities. £ s. d. Assets. Capital .. .. .. .. 4,924 2 3 Office furniture, fittings, and equip- £ s. d. £ s. d. Creditors — £ s. d. ment .. .. .. 2,515 16 5 Sundry .. .. .. 290 310 Less provisionally written off 3 7 8 Departmental .. .. .. 234 17 7 • — 2,512 8 9 -—-——— 525 1 5 Mechanical appliances .. .. .. 2,242 1 5 Depreciation Reserve .. .. .. 2,881 18 7 Library .. .. .. .. .. 169 12 1 Treasury Adjustment Account .. .. 63,929 12 7 Stock of stamps .. .. .. .. 2171 Debtors — £ s. d. Sundry .. .. .. 207 6 7 Departmental .. .. 71 17 2 279 3 9 Expenses paid in advance .. .. .. 9 14 3 Excess of expenditure over income .. .. 67,044 17 6 £72,260 14 10 £72,260 14 10 G. C. Rodda, F.R.A.N.Z., Accountant to the Treasury. 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 note. —J. H. Fowler, Deputy Controller and Auditor-General.

101