B—l [Pt. IV]

Expenditure Income £ £ Salaries and contributions to Public Service Superannuation £ Timber— Fund .. .. .. .. .. .. .. 32,829 Royalties .. .. .. .. .. 8,847 General management of indigenous forests— £ Sales .. .. .. .. .. .. 137,836 Postages, cables, stationery, &c. .. .. .. 3,184 'Trespass .. .. .. .. 52 Forest reconnaissance, timber cruising, &c. .. .. 17,492 146,735 Legal expenses .. .. .. .. .. 295 Leases— Office rent, heating, lighting, and cleaning .. .. 2,603 Grazing .. .. .. .. .. 1,308 Transportation expenses and maintenance of motor- Sawmill sites .. .. .. .. .. 292 vehicles .. .. .. .. .. 4,665 Miscellaneous .. .. .. .. .. 289 Travelling and transfer expenses .. .. .. 7,765 1,889 Maintenance of buildings and departmental property 509 License and transfer fees .. .. .. .. .. 337 Contingencies .. .. .. .. .. 135 Fees for inspections .. .. .. .. .. 3,748 36,648 Administration expenses (Forests Amendment Act, 1926) .. 1,365 Forest-fire prevention: Fire-fighting wages, &c. .. .. 383 Miscellaneous revenue .. .. .. .. .. 2,900 Research and educational: Silvicultural management Profit on sale of books .. .. .. .. .. 20 studies and timber products testing .. .. .. 1,130 Managed forestsMiscellaneous— Waipoua and Omahuta: Royalty.. .. .. 16,375 Annual rent, Otanewainuku .. .. .. 74 Less loss for year .. .. .. .. 291 Payments of special rates .. .. .. 48 16,084 Payments to other Departments .. .. .. 281 Whirinaki: Profit and royalty .. .. .. .. 11,525 Compensation to employees .. .. .. 7 Work for other Departments .. .. .. 1,687 2,097 Depreciation .. .. .. .. .. .. 1,766 Timber-control expenses (recoverable) .. .. .. 14,755 Balance carried down .. .. .. .. .. 94,995 £184,603 £184,603 Allocation of Revenue Account Dr. £ Or.. £ Consolidated Fund— Balance from General Revenue Account .. .. .. 94,994 National Endowment Account .. .. .. .. 14,235 Local bodies : Fifths of revenue (Finance Act, 1924, section 17).. 5,034 General Reserve .. .. .. .. .. 75,725 £94,994 £917994 Nurseries and Plantations : Interest and Miscellaneous Br. £ ! Cr - £ Loss on Westland Nursery .. .. .. .. .. 42 Interest on commercial projects .. .. .. .. 14,994 Interest payable .. .. .. .. .. .. 151,119 i Net*interest payable capitalized .. .. .. .. 136,167 £151,161 I £151,161

STATE FOREST SEK VICE —continued STATE FORESTS ACCOUNT Income and Expenditure Account for the Year ended 31st March, 1945 General Revenue Account

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