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MARKETING DEPARTMENT— continued Sheep-skin Committee Income and Expenditure Account for Year Ended 31st March, 1949 Expenditure £ £ Income Salaries .. .. .. .. .. 2,851 Levies collected— £ £ Travelling-expenses .. .. .. 562 Levy 5: Period ended 15th April, 1948 .. .. 4,741 Postages and telegrams .. . .. .. 60 Levy 6: Period ended 2nd September, 1948 .. 46,101 Telephones and tolls .. .. .. .. 201 Levy 7 : Period ended 31st March, 1949 .. .. 29,927 Stationery . . • • • • • • • ■ 16 Rent 228 80,769 General expenses .. . . .. .. 175 Less refunds— £ Exchange .. .. .. .. .. 3 Levy 1 .. .. .. .. 110 4,096 Levy 2 .. .. .. 39 Excess of income over expenditure to ba distributed .. .. 115,920 Levies 3 and 4 .. .. .. 607 756 80,013 Fellmongers' levy .. .. .. .. .. 40,003 £120,016 £120,016 Balance-sheet as at 31st March, 1949 Liabilities £ Assets £ £ Balance available for distribution as at 31st March, 1948 .. 308,974 Cash at bank— Less second distribution of levies collected— £ Bank of New Zealand, Dunedin .. .. .. 25,502 Meat Industry Stabilization Account .. .. 209,664 Bank of New Zealand, Christchurch .. .. 30,773 Wool Disposal Account .. .. .. 31,114 Bank of New Zealand, Wellington .. .. 17,286 — 240,778 Bank of New Zealand, Auckland .. .. 104,703 178,264 68,196 Cash in hand— Excess of income over expenditure for year ended 31st March, Imprest accounts .. .. .. .. 200 1949 .. .. .. .. .. .. .. 115,920 Petty cash .. .. .. .. .. 10 2lO Balance available for distribution .. .. .. .. 184,116 Sundry debtors: Levies unpaid .. .. .. .. 4,898 Office furniture, &c. .. .. .. .. .. 744 £184,116 £184,116 R. C. Calder, Secretary. I hereby certify that the Income and Expenditure 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.— J. P. Rutherford,. Controller and Auditor-General.

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