H—4s

Expenditure during year .. 1,297 4,924 7,855 6,558 Less expenses, 1948-49, transferred to Revenue Account .... 18 Cost to date .. .. 7,837 6,558 Cafeteria motor-vans— As per Balance-sheet, 31st March, 1949 .. .. 1,044 408 Add depreciation to 31st March, 1948 ...... 51 Purchases during year .. 257 585 On hand at cost .. 1,301 1,044 Cafeteria plant— As per Balance-sheet, 31st March, 1949 .. ..14,121 8,545 Add depreciation to 31st March, 1948 ...... 370 Purchases during year . . 2,710 . 5,259 16,831 14,174 Sales during year .... 88 53 On hand at cost .. 16,743 14,121 29,444 24,812 £308,352 £301,279 £301,279 £308,352 A* E. Bockett, General Manager. A. G. Davidson, F.R.A.N.Z., Secretary - Chief Accountant. I hereby certify that the Revenue Account and Balance-sheet relating to the National Administration Fund have been duly examined and compared with the books and supporting documents, and correctly state the position as disclosed thereby. The audit of the records of disbursements through the central pay offices was carried out by auditors appointed for the purpose by the Audit Office in terms of Regulation 15 (5) of the Waterfront Industry Emergency Regulations 1946.— J. P. Rutherford, Controller and Auditor-General.

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