B.—l [PT. IV].

DEPARTMENT OP LABOUR—continued. Income and Expenditure Account op Labour Department (Immigration) for the Year ended 31st March, 1937. Expenditure. Income. £ s. d. £ s. d. Recoveries on account of expenditure of previous Passage-money for immigration .. 226 15 0 years : New Zealand Government contributions £s. d. Less contributions £s\ d. towards passage-money .. .. .. 77 13 4 Immigrants .. 28 15 0 Supervision of domestics .. .. .. 0 10 Imperial Government 99 0 0 Excess expenditure over income after charging 127 15 0 interest .. .. .. .. .. 141,329 16 8 99 0 0 Loans for passage-money written off .. 228 7 5 Interest on capital .. .. .. .. 141,002 9 3 Excess income on account of Public Works Fund National Development Account .. .. 77 14 4 £141,407 11 0 £141,407 11 0 Balance-sheet op Labour Department (Immigration) as at 31st March, 1937. Liabilities. Assets. Capital Account, Public Works £ s. d. £ s. d. £ s. d. Fund, 31st March, 1936 3,317,778 1 9 Loans of passage-money to immigrants .. 423 8 6 Less recoveries on account of Assets in Suspense (loans of passage-money) .. 228 7 5 expenditure of previous Sundry debtors .. .. .. 7100 years, 1936-37 .. 146 0 3 Administration Account .. .. .. 141,329 16 8 — 3,317,632 1 6 £ s. d. Deposits: Passage-money .. .. .. 25 0 0 National Development Account 3,318,944 0 9 Imperial Government— Less excess income over exLoans to immigrants recovered but £ s. d. penditure, 1936-37 .. 77 14 4 not paid .. .. .. 42 11 8 3,318,866 6 5 Contributions of passage-money recovered but not paid .. .. 66 11 10 109 3 6 Recoveries on behalf of Australian Government 6 5 0 Writings-off in suspense (passage-money) .. 228 7 5 Reserve : Bad debts .. .. .. 50 0 0 Treasury Adjustment Account .. .. 142,804 11 7 £3,460,855 9 0 £3,460,855 9 0 Henry E. Moston, Assistant Secretary. 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 explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV]. —J. H. Fowler, Controller and Auditor-General.

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