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NEW ZEALAND SHEEP-SKIN CONTROL Purchase and Sale and Revenue Account for Twelve Months to 30th June, 1944 Dr. £ Cr. £ Stocks, 30th June, 1943 .. .. .. .. 125,598 Sales .. .. .. 800,420 Purchases .. .. .. .. .. 734,913 Stocks, 30th June, 1944 .. .. .. .. 207'fi9l Working charges and trading expenses .. .. 142,660 Gross surplus .. .. .. .. .. 4,946 £1,008,117 £1,008,117 Administration expenses— £ . £ Salaries .. .. .. .. .. 8,909 Gross surplus .. .. .. .. .. 4,946 Travelling-expenses .. .. .. .. 1,078 Net deficit .. ~ .. .. .. 8,862 Postage and telegrams .. .. .. .. 290 Telephones .. .. .. .. .. 398 Stationery .. .. .. .. .. 469 Exchange .. .. .. . . .. 37 Interest .. .. . . . . . . ], 333 Sundry .. .. .. .. .. 538 Rent .. .. .. .. .. 698 Advertising .. . . .. .. .. '58 £13,808 £13,808 Balance-sheet as at 30th June, 1944 Liabilities £ Assets £ £ Sundry Products Account .. .. .. .. 185,088 Furniture and fittings .. .. .. 598 Sundry creditors .. .. .. .. 27,185 Motor-car .. .. .. 126 Pool Account— £ __ s 724 Balance, 30th June, 1943 .. .. 4,613 Sundry debtors .. .. .. .. .. 37,192 Deficit for year .. .. .. 8,862 Stocks— Skins, wool, pelts .. .. .. 212,024 4,249 Fellmongers' material .. .. .. 2,382 Transfer to Reserve Account .. .. 4,249 214 406 Cash .. .. ~ .. .. .. 220 Reserve Account, being 5 per cent, wool retention .. .. .. .. 44,518 Less pool deficit .. .. .. 4,249 40,269 £252,542 , £252,542 R. C. Burgess, Controller. I hereby certify that the Revenue Account and the Balance-sheet have been examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the following remarks : the value of the stocks has been accepted at a figure fixed by the Sheep-skin Controller. —Cyril Collins, Controller and Auditor-General. MARKETING DEPARTMENT (EXPORT DIVISION) Balance-sheet as at 31st July, 1944 Liabilities Assets £ Reserve Bank of New Zealand £ £ Sundry debtors for produce and amounts accrued due 3,956,361 Dairy Industry Account .. .. 1,756,400 Stocks .. .. .. .. .. 9,867,193 Meat Industry Account .. .. 3,503,273 Investment in Treasury bills .. .. .. 1,000,000 Office and departmental equipment .. .. 8,803 5,259,673 Advances to Sheep-skin Controller .. .. 162,179 Less — £ Farm Products Stabilization AcWool Industry Account 1,415,663 counts— £ SundryProductsAccount 134,745 Dairy Industry Stabilization Account. . 1,060,599 1,550,408 LessMeat Industry Stabiliza- £ 3,709,265 tion Account .. 740,327 Less cash held in London 1,189 Bobby Calf Stabilization 3,708,076 Account .. 21,920 Sundry creditors for accrued charges and sundry credit 768,253 balances.. .. .. .. .. .. 7,776,119 298,346 Meat Pool Account .. .. .. .. 3,571,105 Bobby Calf Pool Account .. .. .. 145,297 Net surpluses on administration allowances— Meat Account .. .. .. 38,918 Wool Account .. .. .. 83,363 Tallow Account .. .. .. 6,705 War Office Contracts Account .. .. 3,172 132,158 Less deficit: Hides Account .. .. 39,873 92,285 £15,292,882 £15,292,882 G. A. Duncan, Director. W. J. Pratley, Accountant. I hereby certify that the several Purchase and Sale and Revenue Accounts, Administrative and General Expenses Accounts, together with the Balance-sheet as at 31st July, 1944, have been examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—Cyril Collins, Controller and Auditor-General. »

Approximate Cost of Paper.—Preparation, not given ; printing (1,338 copies), £85.

By Authority: E. Y. Paul, Government Printer, Wellington. —1944.

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