B, —1 [PT. IV], Sup. TO 1932,

DEPARTMENT OF AGRICULTURE—continued. RUAKURA FARM OF INSTRUCTION—continued. Experimental, Educational, and Hostel Section Trading Account for the Year ended 31st March, 1932.

Profit and Loss Account for the Year ended 31st March, 1932.

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Agricultural rtpnartimentnl S - P - Parm Sch ° o1 - Education: ™ Experimental. (Includes Visitors. Total. General. -HxtaMts. Quarters.) Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. To Stock at 1st April, 1931 .. .. 27 4 0 .. .. 58 19 9 .. 86 3 9 Purchases .. .. .. 2 10 0 .. .. 565 19 9 .. 568 9 9 Labour .. .. .. .. 94 12 8 0 9 1 0 3 5 737 16 4 .. 833 1 6 Salaries .. .. .. 177 17 7 .. .. 1,036 0 1 143 5 4 1,357 3 0 Horse labour .. .. .. 59 3 10 .. 0 3 0 19 2 8 .. 78 9 6 Repairs and sundries paid for .. 50 11 8 0 6 3 22 18 9 125 17 8 .. 199 14 4 Feed purchased .. .. .. .. .. 19 7 6 .. .. 19 7 6 Produce from farm .. .. .. .. 63 0 0 760 19 11 0 4 0 824 3 11 Store issues .. .. .. 15 1 1 .. .. 238 11 0 .. 253 12 1 Totals .. .. .. 427 0 10 0 15 4 105 12 8 3,543 7 2 143 9 4 4,220 5 4 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. .. .. .. 51 18 9 1,944 13 9 .. 1,996 12 6 Issues, produce (board allowance) .. .. .. 7 3 9 326 18 0 .. 334 1 9 Stock at 31st March, 1932 .. .. 29 14 0 .. .. 53 11 7 .. 83 5 7 Balances (loss) .. .. .. 397 6 10 0 15 4 46 10 2 1,218 3 10 143 9 4 1,806 5 6 Totals .. .. .. 427 0 10 0 15 4 105 12 8 3,543 7 2 143 9 4 4,220 5 4

Experimental, Farm Working Account. Educational, and Hostel Total. Section. Dr. £ s. d. £ s. d. £ s. d. To Trading Account: Balance, being loss, brought forward .. 2,515 17 7 1,806 5 6 4,322 3 1 Less gross profit, brought forward.. .. .. .. 814 16 2 .. 814 16 2 1,701 1 5 1,806 5 6 3,507 6 11 Interest .. .. .. .. .. .. .. 2,295 15 1 1,147 17 7 3,443 12 8 Depreciation .. .. .. .. .. .. 380 1 11 760 3 11 1,140 5 10 Cutting hedges .. .. .. .. .. .. 15 13 11 15 13 11 31 7 10 Carpenter's Shop Working Account .. .. .. .. 24 10 2 24 10 2 49 0 4 Electric Light Working Account .. .. .. .. 42 19 5 85 18 11 128 18 4 Motor-car Working Account .. .. .. .. 18 19 7 37 19 1 56 18 8 Water-supply Working Account .. .. .. .. 43 14 6 43 14 6 87 9 0 Office and management expenses .. .. .. .. 168 15 1 506 5 3 675 0 4 Head Office administration expenses.. .. .. .. 64 10 6 129 0 11 193 11 5 4,756 1 7 4,557 9 9 9,313 11 4 Or. £ s. d. £ s. d. £ s. d. By Rents .. .. .. .. .. .. .. 166 6 0 .. 166 6 0 Balance, being net loss .. .. .. .. .. 4,589 15 7 4,557 9 9 9,147 5 4 4,756 1 7 4,557 9 9 9,313 11 4