E.—7.

Balance-sheet as at 31st December, 1935. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Endowment lands .. .. .. 294,973 9 5 Capital .. .. .. 466,424 11 1 r?! Arthur's Pass— Plus income and expenditure, Site .. .. . . . • .. 50 0 0 balance .. .. .. 2,877 2 6 fpj Buildings .. .. .. .. .. 197 13 2 Plus Government subsidies .. 903 11 10Jjj4| Cass—Buildings .. .. .. .. 466 11 10 470,205 5 5 College— £ s. d. Sundry creditors .. .. .. •• 104 511 Site .. ... ■■ •• 25,282 17 8 Donation not applied .. .. •• 15 0 0 Buildings .. •• 115,883 8 3 Rolleston House— Equipment and apparatus . . 3,082 11 0 Fees paid in advance .. .. .. 24 12 6 Less depreciation . . . . 308 5 1 Sundry creditors .. .. .. •. 32 7 2 - Helen Connon Hall — 2,774 5 11 Mortgage—Public Trustee .. .. .. 6,400 0 0 Plus purchases, 1935 .. .. 188 17 1 Pees paid in advance .. .. 15 14 0 — 2,963 3 0 Sundry creditors .. .. .. .. 34 19 6 Furniture and fittings . 2,693 12 0 T. W. Adams School of Forestry— Less depreciation .. .. 269 7 2 Capital .. .. .. 5,501 15 1 Less income and expenditure, 2,424 4 10 balance .. •. 90 2 6 Plus purchases, 1935 , . .. 242 0 6 5,591 17 7 2,666 5 4 Students' Loan Fund — Office equipment . . .. 250 8 9 Capital . . .. .. 997 11 4 Less depreciation, 1935 .. 25 010 Interest .. .. .. 34 3 6 225 7 11 1,031 14 10 Plus purchases, 1935 .. .. 9 19 8 Less amounts written oft' .. 12 17 6 235 7 7 1,018 17 4 Library books .. .. .. .. 3,350 0 0 General Account overdrawn .. 5,892 16 10 Investments .. .. .. .. 1,727 15 0 Less T. W. Adams £ s. d. Sundry debtors— School of Forestry 474 10 7 Government grants .. .. 598 6 6 Less Students' Loan £ s. d. Fund .. 206 5 8 Rents .. 9,193 14 7 680 16 3 Less reserve bad 5,212 0 7 and doubtful debts .. 5,316 16 9 3,876 17 10 Students' fees .. . . .. 25 8 6 Testing fees .. .. .. 81 8 6 Interest .. .. .. 119 3 5 Salaries due by Lincoln College .. 29 3 4 4,730 8 1 Rolleston House— Site 6,775 0 0 Buildings .. .. .. 6,036 11 2 Less depreciation .. .. 301 16 7 5,734 14 7 Furniture .. .. .. 598 2 1 Less depreciation .. .. 59 16 2 538 5 11 Plus purchases, 1935 .. 47 5 5 585 11 4 Household requisites .. .. 240 18 11 Less depreciation .. . . 48 3 9 192 15 2 Plus purchases, 1935 .. 51 0 6 243 15 8 I Provisions .. .. . . .. 30 0 0 | Sundry debtors —Boarding fees .. 13 12 0 ! Helen Connon Hall — I Site .. .. .. .. 4,800 0 0 Buildings .. .. .. 10,862 15 8 Less depreciation .. .. 325 17 8 — 10,536 18 0 Furniture .. .. .. 1,381 1 2 Less depreciation . . .. 138 2 0 1,242 19 2 Plus purchases, 1935 . . 15 13 2 1,258 12 4 Utensils .. .. .. 212 6 10 Less depreciation .. .. 42 9 4 169 17 6 Plus purchases, 1935 .. 23 7 1 193 4 7 Sundry debtors— Boarding fees .. .. . . 6 13 6 Provisions.. .. .. .. 20 0 0 T. W. Adams School of Forestry— Site .. .. .. .. 2,780 0 0 Buildings .. .. .. 776 3 0 Less depreciation .. .. 38 16 0 737 7 0 Investment .. .. .. .. 1,600 0 0 Students' Loan Fund—Loans .. . . .. 812 11 8 £488,655 0 0 £488,655 0 0

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