B.—l [PT. IV], SUP. TO 1938.

DEPARTMENT OF INDUSTRIES AND COMMERCE, TOURIST AND PUBLICITY —continued. LONDON OFFICE. Working Account eor the Year ended 31st March, 1938. j) r _ £ s. d. Or. £ s - d. Salaries ' • • • • • • • • 677 19 0 Net loss > to I ncome aild Expenditure Account .. 721 6 9 Postages, travelling-expenses, &c. ...... 43 7 9 £721 6 9 £721 6 9 BRUSSELS OFFICE. Working Account for the Year ended 31st March, 1938. Dr £ s. d. Or. £ S. d. Salaries, allowances, and wages 2,110 8 4 Net loss, to Income and Expenditure Account .. 2,604 811 Travelling-expenses, postages, &c. .. . ■ 472 11 5 Depreciation .. • ■ • • ■ • • • 3 8 Interest on capital .. • • • • • • 7 5 6 £2,604 8 11 £2,604 8 11 LOS ANGELES OFFICE. Working Account for the Year ended 31st March, 1938. Dr £ s. d. Or. £ S. d. Salaries, allowances, and wages 1,736 13 7 Net loss, to Income and Expenditure Account .. 2,685 19 5 Travelling-expenses, postages, &c. . • • • 606 12 8 Rent .. ■ • •• •• •• 301 ® Depreciation .. . • • • • • • • fq if 1 Interest on capital .. • • • • • • 13 14 1 £2,685 19 5 £2,685 19 Balance-sheet as at 31st March, 1938. Liabilities. Assets. Pa ratal £ S. d. £ S. d. £ s * d. Public Works Fund .. 678,241 911 Land 193,621 9 3 Consolidated Fund .. 35,149 411 Buildings 272,411 16 9 Employment Promotion Fund 330 19 6 !! .! !! !! St 12 t Live-stock .. .. .. • • ■ • 644 7 9 Departmental .. •• 6,675 13 7 Furniture and fittings .. .. .. 26,506 0 5 Snridrv .. 10,281 1 1 Debtors— £ s- d. y ' 16,956 14 8 Departmental .. .. 5,907 0 2 Passenger booking- oo R S ™dry 10,715 8 9 lfi 622 8 n Ticket Sales Account .. •• •• 22 > 02 ? 5 2 an' 10 Suspense Account .. • • •• 62 4 2 Water and drainage systems .. .. •- 80,624 310 Deposits on Tours Account .. .. 4,494 11 2 Rotorua electric system : Land, transmission-line, Reserve for doubtful debts HI I l V 6'054 14 9 WrHincN-off reserve •• •• •• 2 > 253 9 3 Plant and machinery .. .. .. 6,054 14 9 n ai? Appmint Rotorua •• 7 29 0 3 Wharves and shipways .. .. •• 4,170 9 0 Treasury Adjustment Account' .. ... 315,443 18 10 !! .. %S 1! I Bridges .. .. •• •• •• 2,775 14 10 Garden implements .. .. .. • • 345 15 6 National Development Account .. .. 19,417 3 2 Linen, cutlery, crockery, silverware, &c. .. 14,959 5 2 Telephone-lines .. .. .. •• 1,001 18 4 Gas-testing equipment .. . . .. 302 19 9 Refrigerating-plant (London), half-share .. 31 3 5 Exhibition material .. .. • • ■ • 33 10 6 Photographic apparatus .. .. 3,581 4 10 Assets in Suspense .. .. .. 2,25393 Payments in Advance Account .. .. 450 0 0 Cash in hands of receivers .. .. • • 288 4 7 Advance : Rotorua Golf Club .. .. 2,636 7 8 Cash on deposit, Rotorua Office .. .. 129 0 3 Cash in General Post Office .. . ■ . • 824 14 9 Receiver-General's Deposit Account .. .. 4,100 0 0 Remittances in transit, and outstanding balances at tourist bureaux.. .. .. 17,368 14 7 Income and Expenditure Account: Excess expenditure over income .. .. 305,799 8 8 £1,076,186 3 7 £1,076,186 3 7 L. J. Schmitt, General Manager. J. Houston, Accountant. 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 subiect 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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