B—l [Pt. IV]

Sawmill Working Account for the Year Ended 31st March, 1948 Dr. £ Or. £ Stock of— Sales and issues .. .. .. .. .. 247.123 Logs, Ist April, 1947 .. .. .. .. .. 631 Stock of— Timber, Ist April, 1947 38,916 Logs, 31st March, 1948 .. * 2 027 Purchases _...... .. .. 103,989 Timber, 31st March, 1948 .. .. .. . 43'791 Wages, maintenance, &c. .. .. .. .. .. 126,635 Profit and Loss Account: Net profit .. .. .. 22,770 £292, 941 £292,941 Profit and Loss Account for. the Year Ended 31st March, 1948 Dr • £ Or. £ Net loss from Creosote Plant Working Account .. .. 1,831 Net profits from Balance, to Profit and Loss Appropriation Account .. .. 48,690 Box Factory Working Account .. .. .. .. 27,751 Sawmill Working Account .. .. .. 22,770 £50,52! £50,521 Profit and Loss Appropriation Account: for the Year Ended 31st March, 1948 Dr. s £ 'Gr. ' £ Interest to 31st March, 1948 .. .. .. 116,715 Balance as at 31st March, 1947 .. ~ .. .. 42 711 Less interest to 31st March, 1947. . .. .. 102,987 Net profit for year ended 31st March, 1948 .. 48'690 13,728 " Balance .. .. .. .. .. .. 77,673 £9!, 40! £91,401

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