E.—7

Balance-sheet as at 31st December, 1937. Liabilities. A ssets. £ s. d. £ s. d. £ s. d. £ s. d. Capital .. .. .. 473,747 6 1 Endowment lands .. .. .. .. 294,598 9 5 Plus J. M. B. Crawford legacy Arthurs Pass — (balance) .. .. .. 250 0 0 Site .. .. .. .. • ■ 50 0 0 Plus Government subsidies .. 903 11 10 Building .. .. .. .. .. 197 13 2 Cass — 474,900 17 11 Buildings .. .. .. 466 11 10 Less Income and Expenditure .. 2,165 14 5 Plus additions, 1937 .. 64 13 5 472,735 3 6 531 5 3 Donations not applied .. .. .. 50 0 0 College— Sundry creditors .. .. .. .. 116 12 11 Site .. .. .. .. 25,282 17 8 Rolleston House — Buildings .. .. .. 115,883 8 3 Fees paid in advance .. .. .. 28 8 6 Plus additions, 1937 .. 542 6 5 Sundry creditors .. .. .. .. 27 18 10 116,425 14 8 Helen Connon Hall — Equipment and apparatus .. 2,741 18 9 Mortgage: Public Trustee .. .. .. 5,500 0 0 Less depreciation .. .. 274 2 0 Pees paid in advance ...... 49 0 0 Sundry creditors .. .. .. .. 34 19 0 2,467 16 9 T. W. Adams School of Forestry—Capital .. 5,501 15 1 Plus purchases, 1937 .. 16 4 3 Students' Loan Fund— £ s. d. 2,484 1 0 Capital .. .. .. 1,047 8 1 Furniture and fittings .. 2,720 4 3 Plus interest .. .. 35118 Less depreciation .. .. 272 0 0 1,082 19 9 Dr. A. F. J. Mickle Student Loan 2,448 4 3 Fund— Plus purchases, 1937 .. 1,077 18 2 Capital: Legacy .. .. 1,200 0 0 3,526 2 5 Plus interest .. .. 16 1 10 Office furniture and equipment 213 12 7 1,216 1 10 Less depreciation .. .. 21 6 0 General Account overdrawn .. 680 11 5 192 6 7 £ s. d. Library books .. .. .. 3,350 0 0 Less T. W. Adams Sundry debtors — School of Forestry 10 13 7 Rents .. .. .. 3,503 3 7 Less Student's Loan Less reserve bad and doubtful Fund .. 610 2 4 debts .. .. .. 2,017 19 2 Less Dr. Mickle ! 1,485 4 5 Student Loan Fund 50 12 6 ! Testing fees .. .. .. 219 6 671 8 5 Interest .. .. .. 84 11 9 9 3 0! 87 11 3 Investments .. .. .. .. 2,162 0 0 Rolleston House — Site .. .. .. .. 6,775 0 0 Buildings .. .. .. 5,448 0 7 Less depreciation .. .. 272 8 0 5,175 12 7 Furniture .. .. .. 578 12 9 Less depreciation .. .. 57 16 0 520 16 9 Plus purchases, 1937 .. 42 12 7 563 9 4 Household requisites .. .. 212 17 4 Less depreciation .. .. 48 6 0 164 11 4 Plus purchases, 1937 .. 32 5 1 196 16 5 Provisions .. .. .. .. 20 0 0 Sundry debtors —Boarding fees .. 6 9 0 Helen Connon Hall— Site .. .. .. .. 4,800 0 0 Building .. .. .. 10,220 16 0 Less depreciation .. .. 306 12 0 9,914 4 0 Furniture .. .. .. 1,232 8 2 Less depreciation .. .. 123 4 0 1,109 4 2 Plus purchases, 1937 .. 101 10 9 1,210 14 11 Utensils .. .. .. 182 10 4 Less depreciation .. .. 38 12 0 143 18 4 Plus purchases, 1937 .. 40 3 9 ■ —- 184 2 1 Provisions .. .. .. .. 3 0 0 ! T. W. Adams School of Forestry— Site .. .. ' .. .. 2,780 0 0 Buildings .. .. .. 700 10 0 Less depreciation .. .. 35 0 6 665 9 6 i Investment .. .. .. .. 2,045 12 0 ! Students' Loan Fund—Loans .. ~ .. 472 17 5 | Investments —Dr. Mickle Students' Loan Fund .. 1,165 9 4 £486,352 2 5 £486,352 2 5

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