B.—l [PT. IV],

TREASURY DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1939. Expenditure.. £ s. d. Income. £ s. d. Salaries .. .. .. ... .. 40,162 311 New Zealand stock fees .. .. .. 2,224 12 0 Overtime and meal allowances .. .. 270 8 0 Commission .. .. .. .. .. 142 13 10 Legal and professional expenses .. .. 197 8 6 Fees for services rendered by Government Actuary 6,725 13 6 Printing and stationery .. .. .. 3,900 8 0 Balance carried down.. .. .. .. 95,009 3 0 Office requisites .. .. .. .. 248 11 11 Advertising, books, &c. .. .. .. 81 5 9 Office and sundry expenses .. .. • • 10 0 9 Travelling-expenses .. .. .. .. 844 18 1 Postages and telegrams .. .. .. 2,623 13 9 Telegrams beyond the Dominion .. .. 936 15 2 Telephone services .. .. .. . • 415 16 4 Rent of offices .. .. •• .. 3,088 911 Pees, allowances, &c., Local Government Loans Board .. .. .. .. .. 241 11 11 Bank exchange and commission .. .. 201 5 7 Insurance premiums and commission on collections 148 12 3 Puel, light, power, and water .. .. . . 114 Loss on furniture, &c., sold .. .. .. 17 15 8 Public Debt expenses—■ Management expenses .. .. .. 46,413 8 4 Costs, charges, and expenses of raising and converting loans .. .. . . • • 7 14 4 Stamp tluty on transfers .. .. .. 3,632 12 0 Depreciation— Office furniture .. • • • • ■ • 254 5 8 Mechanical appliances .. .. .. 387511 Library .. .. .. .. .. 16 9 3 £104,102 2 4 £104,102 2 4 £ s. d. £ s. d. Balance brought down .. •• •• 95,009 3 0 Excess of expenditure over income .. .. 95,118 1 6 Interest on capital .. .. .. .. 108 18 6 £95,118 1 6 £95,118 1 6 Balance-sheet as at 31st March, 1939. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 4,066 13 5 Office furniture, fittings, and equipment.. .. 816 6 6 Creditors — £ s. d. Mechanical appliances .. .. .. 3,023 19 0 Departmental .. .. 286 11 10 Library .. .. .. .. .. 226 7 11 Sundry .. .. .. 168 18 7 Stock of stamps .. .. .. .. 213 8 —■ 455 10 5 Debtors —■ £ s. d. Writing-off reserve .. .. .. . . 17 15 8 Departmental .. .. 110 12 9 Treasury Adjustment Account .. .. 94,881 4 0 Sundry .. .. .. 79 5 8 189 18 5 Expenses paid in advance .. .. ... 26 0 10 Assets in Suspense .. .. .. .. 17 15 8 Excess of expenditure over income .. .. 95,118 1 6 £99,421 3 6 £99,421 3 6 A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), 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 explanatory notes dealing with departmental accounts generally as appearing at the commencement of parliamentary return 8.-l [Pt. IV]. —Cyril G-. Collins, Controller and Auditor-General.

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