Papers Past | Parliamentary Papers | Appendix to the Journals of the House of Representatives | 1927 Session I | BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF...

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B.—i [Pt. ivi..

1927. NEW ZEALAND.

BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS.

CONTENTS. PAQI! ! PAGTC Agriculture Department .. .. .. 2 [ Lands and Survey Department—continued. Cheviot Estate Account .. .. 12 Primary Endowments Deposit Account 80 Coal Hate—Grey mouth Harbour Board . . 13 Rotorua College and Grammar School Deposit Consolidated Fund—Revenue under Section 12 of ; Account .. .. .. .. .. 87 Repayment of Public Debt Act, 1925 .. 14 Scenic Reserves .. .. .. .. 87 Defence Department .. .. .. 15 Secondary Education Endowments Deposit Deteriorated Lands Account .. .. .. 18 j Account .. .. .. .. .. 88 Discharged Soldiers Settlement Account .. 19 Taranaki Scholarship Endowment Account .. 89 Education Department .. .. .. 22 Victoria College Endowment Account .. .. 89 Electoral Department .. .. .. 33 I Waipiata Hamilton's Library Endowment Account 90 Electric Supply Account .. .. 34 Wairoa Harbour Board Endowment Account .. 90 General Purposes Relief Account .. ..52 Wanganui Harbour Board Endowment Account 91 Government Stores Marine Insurance Fund .. 53 Wanganui River Trust Account .. .. 92 Hauraki Plains Settlement Account .. ..54 Legislative Department .. .. 93 Health Department .. .. .. .. 56 I Mental Hospitals Department .. ~ .. 94 Hunter Soldiers Assistance Trust Account .. 03 Mining Advances Account .. .. .. 97 Immigration Department . . .. .. 64 j National Endowment Account .. .. .. 98 Industries and Commerce Department .. 60 J National Endowment Trust Account .. .. 99 Internal Affairs Department .. .. .. 67 National Provident and Friendly Societies Depart-Kauri-gum Industry Account .. .. ..71 ment .. .. .. .. ~ jqo Labour Department .. .. .. .. 72 Native Department .. .. .. .. j (>j Land Assurance Fund .. .. 73 Native Land Settlement Account .. .. 103 Land and Income Tax Department .. 74 Pensions Department .. ~ .. .. 107 Land for Settlements Account .. .. 75 j Police Department .. .. .. ~ jq9 Land for Settlements Account (Discharged Soldiers Post and Telegraph Department .. ..HI Settlement Account) .. .. ..77 Prisons Department , .. .. .. ..114 Lands and Survey Department — Public Works Department .. .. ..131 General Account .. .. .. ..78 Public Works Fund—Ellesmere and Forsyth ReClutlia River Trust Endowment Account .. 80 j clamation and Akaroa Railway Trust Account .. 144 Geraldine County Pviver District Account 81 | Railways Department .. .. .. ~ 145 Gore High School Endowment Account .. 81 | Rangitaiki Land Drainage Account .. . . 153 Greymouth Technical and Hokitika High Schools j Repatriation .. .. .. .. , _ 154 Account .. • • • • • • .. 82 State Fire Insurance Office (Accident Branch) . . 155 Hutt Valley Land Settlement Account.. .. 83 State Forest Service .. .. .. .. jgg Moumahaki Endowment Account .. ..83 Swamp Land Drainage Account .. ..164 New Zealand University Endowment (Westland) Tourist and Health Resorts Department .. .. 100 Account.. •• •• •• .. 84 : Valuation Department.. .. .. ..171 North Island Experimental Dairy School Account 84 Waihou and Ohinemuri Rivers Improvement Account 172 Otago University Endowment Account .. 85 1 War Expenses Account .. .. .. 173

I—B. 1 [PT. IV].

B.—i [PT. IV .

DEPARTMENT OF AGRICULTURE. Revenue Account for the Year ended 31st March, 1926.

£ s. d. To Balance brought down .. .. .. .. .. .. .. 273,758 2 5 Depreciation .. .. .. .. .. .. .. .. 5,941 10 1 Interest on capital .. .. .. .. .. •• 4,513 11 11 £284,213 4 5 £ s. d. To Balance brought down .. .. .. •• -• •• •• 282,561 19 3 Losses from special accounts— £ s. d. Experimental farms and areas, and quarantine stations.. .. 7,41818 3 Ruakura Farm of Instruction .. .. .. .. 6,91955 Central Development Farm, Weraro a .. •• 9,461 1 2 Rabbit-destruction poisons and poison-mixing depots .. 456 16 0 24,256 0 10 £306,818 0 1

Particulars. Head Office. Live-stock Division. : Horticulture Division. ' Dairy Division. J Fields Division. j Total. Dr. £ s. d. £ s. d. £ s. d. : £ s. d. £ s. d. £ s. d. To Personal services and locomotion .. .. .. .. .. 26,782 12 1 100,502 2 11 20,167 7 3 44,710 13 1 23,539 19 7 215,702 14 11 General establishment .. .. .. •• •• •• 17,257 19 1 1,220 4 2 200 17 10 j 243 7 10 165 10 9 19,087 19 8 Investigations and works for improvement of agricultural knowledge .. 5,860 11 10 207 2 6 .. 812 17 11 2,121 1 4 9,001 13 7 Control and destruction of diseases and pests.. .. .. .. .. 20,783 15 2 .. .. 717 19 11 21,501 15 1 Grading, testing, and laboratory services to improve agricultural knowledge 163 12 5 1,144 9 6 .. .. .. 1,308 1 11 and the standard of agricultural exports Chatham Island steamer service .. .. . • .. • - 184 7 6 .. .. j .. .. 184 7 6 Carriage of lime .. .. .. .. •• .. •• 29,911 0 7 .. .. .. .. 29,911 0 7 Transit of Veterinarians from abroad .. . • .. . • . - 348 8 2 I .. .. 348 8 2 Guarantee on shipments of fruit .. .. .. •• •• .. .. 3,423 11 0 .. .. 3,423 11 0 Visit of Argentine horticulturists .. .. • • .. . . .. .. 219 12 .. .. 219 1 2 Agricultural education inquiry .. .. .. . . .. 406 18 I .. .. .. .. 406 1 Poverty Bay Meat-works inquiry .. .. . .. .. 3,679 0 9 j .. .. .. 3,679 0 9 Woolston Tanneries inquiry .. .. .. •. .. 414 0 8 .. .. .. .. 414 0 8 Compensation under Stock Act .. .. .. . . .. .. j 14,821 4 6 .. .. .. 14,821 4 6 Compensation under Slaughtering and Inspection Act .. ,. .. .. 13,636- 2 0 .. .. .. 13,636 2 0 84,660 3 0 152,663 8 11 24,010 17 3 45,706 18 10 26,544- 11 7 333,645 19 7

B.—l [PT. IY].

£ s. d. By Bent of buildings .. .. .. .. .. .. .. 1,566 13 3 Territorial revenue .. .. .. .. .. .. .. 84 1 1 11 Balance carried down .. .. .. .. .. .. 282,561 19 3 £284,213 4 5 By Profits from special accounts— £ s. d. £ s. d. Moumahaki Experimental Farm (profit on realization) .. 19,297 5 3 Te Kauwhata Horticultural Station .. .. ... 1,178 11 8 20,475 16 11 Balance ... .. .. 286,342 3 2 £306,818 0 1 Notes.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value as assessed by Public Works Department; (b) interest at 4i per cent, on capital as at Ist April, 1925. Depreciation has been allowed for on balances of assets as at 31st March, 1926, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for assets transferred to other Departments.

DEPARTMENT OF AGRICULTURE— continued. Revenue Account for the Year ended 31st March, 1926— continued.

Particulars. Head Office. Live-stock Division, j Horticulture Division. Dairy Division. Fields Division. | Total. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Investigations and works for improvement of agricultural knowledge .. .. 86 19 10 .. 1 .. 86 19 10 Control and destruction of diseases and pests.. .. .. .. • ■ • • 245 9 2 .. 1 . 245 9 2 Grading, testing, and laboratory services to improve agricultural knowledge .. .. -- 22,183 9 9 2,287 8 7 24,470 18 4 and the standard of agricultural exports Recovery for dairy export control poll .. .. • • • • 965 14 10 .. .. . ■ .. 965 14 10 Fees under the Dairy Industry Act .. .. .. •• •- •• 2,561 0 0 .. .. .. 2,.561 0 0 Fees under the Stock Act .. .. .. ■■ •• 1,134 2 4 .. .. .. ~ Fees under the Slaughtering and Inspection Act .. .. .. 29,777 8 6 .. .. .. 29,777 8 6 Fees under the Orchard and Garden Diseases Act .. .. .. • ■ • • oii 6 8 .. .. 544 6 8 Fees under the Margarine Act .. .. .. •• 300 .. 300 Interest on sundry advances, &c. .. .. . ■ . • • • • • 77 12 9 1 4 9 20 0 0 .. 98 17 6 Balance carried down .. .. .. •• •• 83,694 8 2 119,113 5 4 23,132 16 10 23,560 9 1 24,257 3 0 273,758 2 5 84,660 3 0 152,663 8 11 24,010 17 3 45,766 18 10 26,544 11 7 333,645 19 7

B.—i TPT. iyi .

DEPARTMENT OF AGRICULTURE— continued. EXPERIMENTAL FARMS AND AREAS, AND QUARANTINE STATIONS. Working Accounts and Profit and Loss Accounts for the Year ended 31st March, 1926.

| ~nga Ashburton | Albany »£» Galloway | Go* Wtato 3 3g3& 4 j j < $£S j Total, Dr. j • | | ! To Stock. 1st April, 1925 — £ s. d. £ ,s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. £ s. d. Live-stock .. .. 323 10 0 63 17 6 624 3 0 217 10 0 9 0 0 .. 413 6 3 .. 30 0 0 11,151 6 0 71 18 6 175 2 0 3,079 13 3 Farm crops and stores .. 830 11 11 177 1 1 102 6 4 179 15 4 20 7 11 404 6 1 630 2 10 , 94 11 3 371 7 5 92 11 0 11 6 6 26 4 4 2,940 12 0 Transfers of stock .. .. .. .. 228 18 2 i .. .. .. j .. .. .. .. .. 228 18 2 Wages .. .. .. 373 3 2 459 10 9 686 14 9 413 5 5 | 245 2 0 219 2 0 496 7 11 j 222 17 4 217 1 6 494 14 6 j 268 12 2 288 8 0 4,384 19 6 Purchase of live-stock .. 500 10 0 567 7 6 511 6 6 243 0 0 .. .. 260 18 1 .. .. 68 4 4 ' .. 4 12 3 2,155 18 8 Launch and steamer services .... .. .. .. . . .. .. .. 202 8 3 j 393 10 4 44 9 6 640 8 1 Manures and seeds .. Ill 13 0 50 17 11 119 19 5 103 3 11 j 3 1 0 59 19 5 25 11 8 24 10 9 113 9 1 75 14 6 .. .. 688 0 8, Inter-section charges .. .. .. .. 114 14 0 .. .. .. i .. .. .. .. .. 114 14 0 Cultivating and harvesting .. .. 74 0 8 .. .. .. 203 12 5 j 116 7 0 108 4 9 85 11 3 .. .. i 587 16 1 Fodder .. .. .. .. 28 10 0 .. .. .. .. .. .. .. 176 12 7 78 14 6 67 14 7 351 11 8 Cartage and sundries .. 228 1 6 36 0 10 73 3 8 22 6 4 8 11 3 41 18 0 97 18 7 7 16 9 11 4 7 28 3 5 19 16 6 9 14 0 584 15 5 Balances carried down .. .. .. .. j 66 13 8 j .. .. .. .. .. .. .. .. 66 13 8 2,367 9 7 1,457 6 3 2,117 13 8 1,589 6 10 j 286 2 2 928 17 11 2,040 12 4 j 458 0 10 828 13 10 2,289 14 7 843 18 6 616 4 8 15,824 1 2 To Balances brought down .. 239 15 9 207 3 9 219 16 6 243 19 8 I 236 0 11 5 10 9 236 2 9 216 19 10 46 14 6 99 6 9 499 3 11 237 3 1 2,487 18 2 Management .. .. 50 0 0 .. .. .. .. 30 0 0 50 0 0 , 25 0 0 30 0 0 .. .. .. 185 0 0 Rent .. .. .. .. 309 5 6 .. 6 10 0 .. 100 0 0 61 8 0 ! 34 13 0 146 14 5 .. .. .. 658 10 11 Sundries .. .. .. -. 15 13 9 .. .. .. .. 57 3 4 .. .. .. 50 16 3 20 5 2 143 18 6 Agricultural education ex- 38 16 8 .. .. ., .. .. .. .. . . .. .. 38 16 8 penses Repairs and maintenance .. 113 8 2 8 4 0 88 6 6 49 9 5 .. 26 11 3 39 6 11 .. 7 6 0 .. ! 98 16 2 8 0 10 439 9 3 Depreciation .. .. 211 3 0 57 9 3 221 6 0 1 180 1 1 7 5 2 6 8 4 176 10 9 3 10 5 52 2 0 292 2 10 1 288 0 3 90 5 7 1,586 4 8 Interest on capital .. 269 10 7 45 17 1 265 10 7 89 17 2 5 19 7 20 9 9 159 10 10 6 19 8 53 18 7 659 2 8 386 9 9 23S 1 11 2,001 S 2 Administration charges .. 23 15 7 19 0 8 23 2 4 15 6 6 j 2 16 2 10 14 4 23 1 0 4 9 10 10 8 3 19 7 1 11 18 1 6 17 11 170 17 9 946 9 9 662 14 0 818 1 11 585 3 10 j 252 1 10 199 14 5 803 3 7 291 12 9 347 3 9 1,069 19 4 1,135 4 5 600 14 6 7,712 4 1 I ; I Cr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s, d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales of live-stock .. 140 18 6 299 5 10 527 2 3 163 8 9 .. .. 94 2 4 .. .. 523 10 3 .. 90 7 1 1,838 15 0 Sales of produce .. .. 473 15 4 397 8 1 126 15 9 127 9 4 14 14 5 404 1 5 297 2 0 110 18 8 357 17 9 25S 18 6 64 7 2 34 5 11 2,667 14 4 Inter-section credits .. .. .. .. 137 19 0 .. .. .. . ■ .. .. .. . . 137 19 0 Quarantine fees .. .. .. .. .. .. j .. .. .. •• 149 11 5 *97 1 92 3 10 438 16 6 Transfers of stock .. .. .. .. 228 18 2 .. ! .. .. .. .. .. .. .. 228 18 2 Sundries.. .. .. .. .. 7 16 0 .. 050 167 .. 0 10 6 2 17 0 54 17 .. 1110 68 78 Stock, 31st March, 1926 — Live-stock .. .. 998 16 0 251 7 0 855 0 0 332 0 0 9 0 0 .. 763 0 0 .. 15 0 0 1,121 8 0 63 0 0 131 0 0 4,539 11 0 Farm crops and stores .. 514 4 0 302 1 7 381 3 2 355 11 11 26 1 10 517 19 2 650 5 3 129 11 10 406 4 7 82 18 1 20 6 2 29 13 9 3,416 1 4 Balances carried down .. 239 15 9 207 3 9 219 16 6 243 19 8 236 0 11 5 10 9 236 2 9 216 19 10 46 14 6 99 6 9 499 3 11 237 3 1 2,487 18 2 2,367 9 7 1,457 6 3 2,117 13 8 ,1.589 6 10 286 2 2 928 17 11 2,040 12 4 458 0 10 828 13 10 2,289 14 7 843 18 6 616 4 8 15,824 1 2 Bv Balances brought down .. •. • • .. 66 13 8 .. .. .. . - .. .. .. .. 66 13 8 " Rents .. .. .. 50 0 0 19 10 0 52 10 0 12 13 3 .. .. 17 10 0 .. .. .. .. .. 152 3 3 Sundries .. .. .. 6 12 9 .. .. .. .. .. .. .. .. .. 15 0 0 .. 21 12 9 Transfer to capital .. .. .. .. 52 16 2 .. .. .. .. .. .. .. .. 52 16 2 Balances .. .. 889 17 0 643 4 0 765 11 11 453 0 9 252 1 10 199 14 5 785 13 7 291 12 9 347 3 9 1,069 19 4 1,120 4 5 600 14 6 7,418 18 3 - . _ 946 9 9 662 14 0 818 1 11 j 585 3 10 | 252 1 10 199 14 5 803 3 7 291 12 9 347 3 9 1,069 19 4 1,135 4 5 600 14 6 7,712 4 1

B. - j FPT. iYI.

DEPARTMENT OF AGRICULTURE —continued. RUAKURA FARM OF INSTRUCTION. Farm Working Account for the Year ended 31st March, 1926.

Expenditure. Stock at T „,.„ Labour, Kepairs and j Jlepairs and j eec > Pastures and swob Tntprc.t ami Tnta.1 Balance l8 1925 Pri1 ' Purollase8 ' j Transfers. falS® Labour. paidtor! i fro™Farm. I P urcha9ed ' | Isstos - De P reciation -i Expenditure. Profit. I I ! j ! I ____ ' ' £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. dJ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. Dairy herd .. .. 2,035 14 1 1,146 2 0 1,058 5 11 379 9 8 198 10 7 254 18 1 25 8 10 75 7 91,558 14 6 4 10 9 99 19 10 1 13 7 6,838 15 71 Farm crops .. .. 1,085 11 0 5 8 31,305 7 7 656 13 7 346 3 6 3 6 0 29 0 11 .. .. 415 11 1 289 8 3 25 18 0 4,162 8 2 Farm stores .. .. 298 7 0 844 0 9 523 11 7 76 11 7 6 13 10 48 5 1 0 19 11 .. .. .. 18 7 2 3 5 10 1,820 2 9 Grass and pastures .. 1,194 3 3 .. 360 15 6 97 2 2 36 18 1! .. 157 11 11 .. .. 21 8 71,557 17 6 176 5 9 3,602 2 9 750 10 2 Milk-production herd .. 867 3 7 .. 1,573 13 2 370 4 0 98 17 1, 51 10 9 24 14 1 .. 678 11 1 3 8 9 84 4 8 50 15 10 3,803 3 0 636 4 8 Orchard .. 477 5 5 0 11 6 8 1 6 73 11 2 23 15 6! 6 1 11 8 8 8 .. .. 0 10 9 48 18 4 7 15 4 655 0 1 Pics .. .. .. 539 9 5 174 6 0 146 6 7 237 5 7 21 16 1 157 18 2 5 2 7 176 7 11 265 6 10 10 2 7 78 16 4 30 12 7 1,843 10 8 Poultry.. . .. 396 6 4 15 10 0 22 15 11 243 11 5 17 4 3 32 5 2 18 1 3 456 10 5 8 17 5 26 7 7 56 15 3 15 19 8 1,310 4 8 ■Sheep .. .. .. 3,547 10 0 818 10 2 50 4 0 322 17 1 72 11 2 60 8 6 5 7 4 0 19 71,255 16 11 18 16 0 187 2 2 14 16 10 6,354 19 9 423 4 9 Vegetable -garden .. 45 00 11 48 718 130 1 11 10 11 5 0 16 5 19 8 3 .. .. 10 6 5 5 19 9 3 12 11 244 3 5 Working-horses .. .. 391 8 0 17 0 0 76 15 1 58 11 7 11 18 lOj 52 5 4 16 6 3 0 9 9 437 15 6 5 13 3 42 11 6 26 8 7 1,137 3 8 335 3 7 Totals .. .. 10,877 18 13,032 13 45,132 18 62,645 19 9 845 0 4 667 15 5 310 10 0 709 15 54,205 2 3 516 15 92,470 0 9 357 4 11 31,771 14 62,145 3 2 Balance carried down .. .. .. .. .. .. .. .. .. .. . . 315 14 8 Experimental Educational and Hostel Section (as per statement attached) .. .. .. .. 13,655 4 0- — Office and management expenses .. .. .. .. .. .. .. .. 1,443 6 10 2,460 17 8 Provision for writings-off .. .. .. .. .. .. .. .. .. 116 0 0 . ' ■" Administration charges .. .. .. .. .. .. .. .. .. 237 10 0 £47,223 15 4 Income. Sales. j transfers' 011 Issues of Pro(iuce - Horse Labour. \ Stock March > Total Income. Balance— Loss. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Hairy herd .. .. .. .. .. 1,208 13 3 i 1,495 13 0 14 7 0 .. 3,028 9 0 5,747 2 3 1,091 13 4 Farm crops .. .. .. .. .. 309 5 8 1,088 8 8 1,307 0 0 .. 1,206 19 4 3,911 13 8 250 14 6 Farm stores .. .. .. .. .. 11 12 0 9 11 3 891 5 2 .. 854 14 0 1,767 2 5 53 0 4 Grass and pastures .. .. .. .. 0 10 0 608 2,972 0 8 .. 1,374 1 7 4,352 12 11 Milk-production herd .. .. .. .. 1,257 14 1 1,010 2 0 759 5 4 .. 1,412 6 3 4,439 7 8 Orchard .. .. .. .. .. 37 5 2 51 2 0 73 3 6 .. 416 8 4 577 19 0 77 1 1 Pigs .. .. .. .. .. .. 766 12 1 1 17 0 20 1 6 .. 697 0 0 1,485 10 7 358 0 1 Poultry .. .. .. .. .. 266 15 0 1 10 0 107 19 0 . 368 9 2 744 13 2 565 11 6 Sheep .. .. .. .. .. .. 2,986 19 0 1 2 0 1,228 1 6 .. 2,562 2 0 6,778 4 6 Vegetable-garden .. .. .. .. 42 6 3 1 2 0 85 18 4 .. 50 0 0 179 6 7 64 16 10 Working-horses .. .. .. .. .. 15 00 120 110 1,079 16 3 375 8 0 1,472 7 3 Totals .. .. .. .. 6,902 12 6 I 3,667 10 7 7,460 3 0 1,079 16 3 12,345 17 8 31,456 0 0 2,460 17 8 | = ■ ■ ■ r Balance brought down .. .. .. .. .. .. .. . ■ .. 315 14 6 Experimental, Educational and Hostel Section (as per statement attached) .. .. 8,336 7 1 5,318 16 11 Office and management expenses .. .. .. .. .. .. . • 512 2 10 931 4 0 Provision for writings-oif .. .. .. .. .. .. .. •• 11600 Administration charges .. .. .. .. .. .. .. - - • • 237 10 0 £40,304 9 11 i £6,919 5 5

B.—l [Pt. IV].

DEPARTMENT OF AGRICULTURE— continued. RUAKURA FARM OF INSTRUCTION—EXPERIMENTAL, EDUCATIONAL AND HOSTEL SECTIONS. Income and Expenditure Account for the Year ended 31st March, 1926.

Expenditure. ! Bal s?St and Purchases— Purchases— JS, Horse Issues from I Inter-Section Interest and Bepairs and L , f . Total TWiits ' Balamod— 1st April 1925. Groceries, Ac. Sundries. salaries Labour. lfarm Sections. Transfers. Kent. Maintenance, deprecation. l otal Debits. proflt> £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Experimental .. .. .. 250 4 0 .. ,1 1 7 77 3 5 4 15 8 127 5 9 50 0 0 105 10 2 i 5 2 6 15 2 8 636 5 9 Visitors .. .. .. .. 753 16 6 .. .. 542 16 11 6 17 0 7 2 0 32 2 4 5 14 4 .. 20 0 0 1,368 9 1 Homestead .. .. .. 873 0 4 130 13 8 11 6 8 408 9 0 7 6 9 253 16 9 53 15 5 67 6 0 41 13 11 56 15 1 1,904 3 7 Apiary .. .. .. .. 357 0 5 .. 15 10 6 122 12 6 14 4 3 12 13 1 34 6 8 43 15 11 3 4 7 5 14 4 609 2 3 Agricultural education (general) .. 1,608 16 1 .. 31 0 8 819 13 0 55 14 6 .. 128 16 0 419 17 3 88 18 0 142 8 9 3,295 4 3 Agricultural education (students' —in- 1,842 19 0 437 15 9 196 0 2 1,662 12 7 62 5 8 903 13 10 273 4 5 49 13 3 65 5 3 108 17 11 5,602 7 10 eludes quarters) Departmental exhibits .. .. 119 19 9 .. 2 13 6 110 5 2 1 16 3 .. 4 16 7 .. .. .. 239 11 3 5,805 16 1 568 9 5 257 13 1 3,743 12 7 153 0 1 1,304 11 5 577 1 5 691 16 11 204 4 3 348 18 9 13,655 4 0 Income. Board — J, ■ Board — Inter-Section j Transfers to Stock at r|1 , . ... ... „ , | Sundry Debtors. Boaid— Visitors. Allowances. Transfers. ; Capital Account, i Sundr > & ales. 31st Marcllj ig 2 # . Total Credits. Balance —Lo-*. t ■ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Experimental .. .. .. .. •• .. .. 1 .. 101 6 0 .. 166 11 2 192 13 3 460 10 5 175 15 4 Visitors .. .. .. •• -■ .. 2 6 0 1 .. 0 11 0 753 16 6 .. .. 756 13 6 611 15 7 Homestead .. .. .. •• 178 5 2 5 8 6 185 10 0 80 19 6 814 6 4 2 19 8 25 18 0 1,293 7 2 610 16 5 Apiary .. .. .. -• •• .. .. , .. 35 0 8 58 0 2 193 16 3 177 15 8 464 12 9 144 9 6 Agricultural education (general) .. .. .. .. .. .. 35 10 2 1,588 16 8 .. 17 3 6 1,641 10 4 1,653 13 11 Agricultural education (students' —includes quarters) .. 1,568 2 10 .. 110 15 0 20 8 0 1,726 2 9 71 1 3 103 3 4 3,599 13 2 2,002 14 8 Departmental exhibits .. .. •• .. .. .. .. .. 119 19 9 .. .. 119 19 9 119 11 6 1,746 8 0 7 14 6 296 5 0 273 15 4 5,061 2 2 434 8 4 516 13 9 8,336 7 1 5,318 16 11

B.—l Tr. IV .

DEPARTMENT OF AGRICULTURE— continued. CENTRAL DEVELOPMENT FARM, WERAROA. Sectional Working Account and Profit and Loss Account for the Year ended 31st March, 1926.

j£8ffi£SSL| Sh -P- | ISeT i Pa" 0rn S Ilta " I Homestead, j | Management. | Total. . . . Dr. i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. , . 7,667 10 0 .. j 408 11 2 Less transferred .. .. . . : 240 0 0 1 8 II 2 7,427 10 0 2,666 10 0 I 400 0 0 218 10 0 862 16 10 1,682- 7 3 .. .. .. •• 13,257 14 1 Wages and allowances .. 1,487 17 1 287 3 8 284 8 2 8 8 7 653 5 5 440 8 5 .. .. .. .. 3,161 11 4 Farm crops and stores .. .. 1,005 17 1 41 11 11 266 6 8 316 19 6 192 17 2 182 3 2 .. .. .. .. 2,005 15 6 Live-stock purchases .. .. .. 107 7 3 ! 535 0 6 53 14 5 29 15 3 .. .. .. .. .. ■■ 725 17 5 Grazing (also milk for pigs) .. .. 926 17 0 1,141 18 10 154 8 7 27 19 0 .. .. .. •• 2,251 3 5 Sundry services .. .. .. 129 11 8 24 19 11 42 4 1 36 16 5 4 10 4 - .. .. .. .. .. 238 2 5 Sale expenses .. .. .. 215 15 6 .. 35 19 3 .. .. .. .. .. .. .. 251 14 9 Balances carried down .. .. .. 770 14 1 .. 96 0 9 233 12 6 1,765 17 7 .. .. .. .. j 2,866 4 11 11,300 15 7 5,467 18 11 1,237 1 2 ; 734 9 6 1,947 2 3 4,070 16 5 .. .. .. .. 24,758 3 10 , , . | To Balances brought down .. .. 5,150 15 4 .. 258 9 3; .. .. .. .. .. .. .. j 5,409 4 7 Repairs .. .. .. .. 150 19 3 10 2 11 2 19 2 27 0 3 38 9 8 353 6 9 .. 7 2 10 16 17 5 35 4 10 642 3 1 Sunday services .. .. .. 103 14 0 .. .. 21 0 0 .. .. IS 18 10 28 16 0 50 14 1 315 3 5 538 6 4 Salaries and wages .. .. .. .. .. .. .. .. .. 384 19 4 .. .. 873 13 2 1,258 12 6 Undistributed board allowance .. .. .. .. .. .. .. .. 2113 .. .. 21 1 3 Factory contribution reserve .. . . ! 20 0 0 .. .. .. .. .. . . .. .. -. 20 0 0 Exhibits at shows .. .. .. 192 7 5 .. 8 1 1 .. .. .. .. . . i .. 200 8 6 Depreciation .. .. .. ! 275 7 6 67 10 0 83 3 0 72 0 10 47 15 11 494 12 11 44 3 2 241 15 9 99 11 3 j 111 18 3 1,537 18 7 Interest .. .. .. ., 313 1 4 183 16 8 62 16 8 54 8 7 169 9 5 1,754 4 4 19 14 4 142 9 4 39 17 2 77 8 7 2,817 6 5 Bad debts .. .. .. .. .. .. 4117 .. .. .. .. .. .. 4117 Administration charges .. .. . . .. .. .. .. .. .. .. .. 154 9 5 154 9 5 Balance (profit) .. .. .. 509 4 6 .. ,. .. ..' ! .. .. .. 509 4 6 6,206 4 10 770 14 1 420 0 9 174 9 8 255 15 0 2,602 4 0 467 15 8 441 5 2 206 19 11 1,567 17 8 13,113 6 9

B. —1 fPT. IV].

DEPARTMENT OF AGRICULTURE— continued. CENTRAL DEVELOPMENT FARM, WERAROA— continued. Sectional Working Account and Profit and Loss Account for the Year ended 31st March, 1926—continued.

£ s. d. Losses .. .. .. .. .. 9,970 5 S Profits .. .. .. .. .. 509 4 6 9,461 1 2 Less revaluation of dairy herd .. .. 4,025 0 0 £5,436 1 2

Dairy Herd and , h „„ ! pi „. Working- ™ „ Grass and | Oraamenta- Homestead . Agricultural k.™™™, i T „ t „i Milk-production. hheep - " gs - horses. iarm Orops. Pastures. I tion. Homestead. Education . Management. | iotai. Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales of live stock .. .. .. 1,762 9 6 2,632 18 7 622 11 11 .. .. .. ... .. .. .. ! 5,018 0 0 Sales of produce .. .. .. 1,263 12 2 634 1 10 .. .. 133 7 9 93 15 0 .. .. .. .. 2,124 16 9 Sundrv issues and charges .. .. 154 8 7 .. .. 536 19 6 952 1 7 2,609 2 8 .. .. .. 4,252 12 4 Stock,' 31st March, 1926 .. .. 2,969 10 0 2,200 18 6 356 0 0 197 10 0 861 12 11 1,367 18 9 .. .. .. .. j 7,953 10 2 Balances carried down .. .. 5,150 15 4 .. 258 9 3 .. .. .. • • 1 .. .. .. ! 5,409 4 7 11,300 15 7 5,467 18 11 1,237 1 2 734 9 8 1,947 2 3 4,070 16 5 .. .. ! .. .. 24,758 3 10 h By Balances brought down .. .. .. 770 14 1 .. 96 0 9 233 12 6 1,765 17 7 .. .. .. .. 2,866 4 11 Prize-money .. .. .. 41 5 6 .. 8 10 0 . . .. • • • • .. .. .. 49 15 6 Cottage rents .. .. .. .. . . .. .. .. .. .. j .. .. 152 10 10 152 10 10 Sundries .. .. .. .. .. .. .. j . . . • 48 8 10 .. .. 26 1 0 74 9 10 Balances (losses) .. .. .. 6,164 19 4*j .. 411 10 9 78 8 11 ; 22 2 6 836 6 5 419 6 10 441 5 2 206 19 11 1,389 5 10 9,970 5 8 6,206 4 10 770 14 1 j 420 0 9 174 9 8 j 255 15 0 2,602 4 0 467 15 8 j 441 5 2 j 206 19 11 1,567 17 8 13,113 6 9 * Dairy herd revaluation, £4,025; other losses, £2,139 19s. 4d.

B.—l [Pt. IY].

DEPARTMENT OF AGRICULTURE —continued. TE KAUWHATA HORTICULTURAL STATION. Working Account and Profit and Loss Account for the Year ended 31st March, 1926.

Summary.

MOUMAHAKI EXPERIMENTAL FARM. Kealization Account, sth June, 1925. Dr. £ 3. d. Cr. £ s. d. To Land .. .. •• •• 9,945 0 0 By Depreciation reserves .. .. .. 2,017 18 3 Permanent improvements .. .. .. 7,292 19 5 Sales and lease valuations — Endowment Furniture, fittings, and fixtures .. .. 219 14 8 Account .. .. .. .. 36,247 14 8 Implements and tools .. .. .. 924 16 5 Sales (including from Ist April, 1925, to sth Live-stock .. .. •• •• 3,588 17 6 June, 1925) Consolidated Fund .. .. 4,620 15 7 Farm crops and stores .. .. .. 898 6 1 Sundry expenses (Ist April, 1925, to sth June, 1925) .. .. • • • • •• 462 3 6 Interest on capital (three months) .. .. 257 5 8 Balance (profit on realization) .. .. 19,297 5 3 £42,886 8 6 £42,886 8 6

2 —B. 1 [Pt. IV].

Plantation General Farm. Vineyard. Wine-eellar. Horticulture. Management. Totals. i Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. 400 0 0 838 10 5 19 12 3 11,351 10 4 .. .. 12,609 13 0 Labour .. .. .. 842 15 7 352 18 1 880 15 8 606 14 8 239 8 9 .. 2,922 12 9 Inter-section charges .. 29 12 6 .. 56 19 8 1,130 10 0 .. .. 1,217 2 2 Sundries .. .. 45 5 2 168 0 11 28 12 6 54 13 6 0 5 4 .. 296 17 5 Cartage and freight .. 46 8 1 .. .. 80 19 8 .. .. 127 7 9 Sheep and sugar .. .. .. 373 16 10 .. 368 10 7 .. .. 742 7 5 Seeds, manures, and sprays .. 189 6 11 50 2 0 .. 1 5 6 .. 240 14 5 Bottles, corks, and labels .. .. .. .. 406 2 2 .. .. 406 2 2 Cases and straws .. .. .. .. 359 2 9 .. .. 359 2 9 Licenses.. .. .. .. .. .. 22 10 0 .. .. 22 10 0 Balances carried down .. 1,064 7 8 .. 121 9 11 2,358 4 1 .. .. 3,544 1 8 2,428 9 0 1,922 13 2 1,157 12 0 16,738 17 9 240 19 7 .. 22,488 11 6 To Balances brought down .. .. 9 5 8 .. .. 171 15 5 .. 181 1 1 Repairs and maintenance .. 12 3 0 61 14 0 .. 13 8 10 0 15 8 20 17 5 108 18 11 Salaries and sundry expenses 2 12 4 .. .. .. .. 695 12 11 698 5 3 Depreciation .. .. 85 0 5 129 13 6 18 8 ] 92 17 7 4 12 0 115 7 2 445 18 9 Interest on capital .. 280 4 1 161 17 6 109 12 11 581 1 4 16 4 2 26 11 8 1,175 11 8 Administration charge .. .. .. .. .. .. 16] 13 2 161 13 2 Balances (profits).. .. 865 18 3 .. .. 1,707 12 6 .. .. 2,573 10 9 1,245 18 1 | 362 10 8 128 1 0 2,395 0 3 193 7 3 1,020 2 4 5,344 19 7 = Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales — Bark, posts, and firewood 1,560 94 .. .. .. .. .. 1,560 9 4 Sheep and wool .. .. 779 5 3 .. .. .. .. 779 5 3 Produce and sundries .. .. 140 14 3 12 14 0 10 7 6 24 1 8 .. 187 17 5 Wine (bulk) .. .. .. .. .. 3,153 10 9 .. .. 3,153 10 9 Wine (case) .. .. .. .. .. 3,313 16 .. .. 3,313 1 6 Inter-section credits .. 5 2 2 118 7 6 1,125 0 0 .. 7 15 6 .. 1,256 5 2 Stock, 31st March, 1926 .. 862 17 6 875 0 6 19 18 0 10,261 18 0 37 7 0 .. 12,057 1 0 Balances carried down .. .. 9 5 8 .. .. 171 15 5 .. 181 1 1 2,428 9 0 1,922 13 2 1,157 12 0 16,738 17 9 240 19 7 .. 22,488 11 6 By Balances brought down .. 1,064 7 8 .. 121 9 11 2,358 4 1 .. .. 3,544 1 8 Rents and royalties .. 181 10 5 .. .. .. .. 183 12 0 365 2 5 Profits on fixed-asset sales .. .. 4 0 3 .. 36 16 2 .. .. 40 16 5 Balances (losses) .. .. .. 358 10 5 6 11 1 .. 193 7 3 836 10 4 1,394 19 1 1,245 18 1 362 10 8 128 1 0 2,395 0 3 193 7 3 1,020 2 4 5,344 19 7 ; l .

Section. | Profit. ! Loss. Management. Proflt ' loss - £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Wattle Plantation .. .. 865 18 3 .. 109 0 1 756 18 2 General Farm .. .. .. 358 10 5 127 7 5 .. 485 17 10 Vineyard .. .. .. .. 6 11 1 127 7 5 .. 133 18 6 Wine-cellar.. .. .. 1,707 12 6 .. 399 18 2 1,307 14 4 Horticulture .. .. .. 193 7 3 72 17 3 .. 266 4 6 2,064 12 6 886 0 10 Less losses .. .. .. j .. .. 886 0 10 Net profit .. .. .. .. .. 1,178 11 8

B.—l [PT. IY].

DEPARTMENT OF AGRICULTURE— continued. RABBIT-DESTRUCTION, POISONS AND POISON-MIXING DEPOTS. Working Accounts and Profit and Loss Accounts for the Year ended 31st March, 1926.

TTranttm r„T.,.»inn Wellington District Dominion Distribu- T)nmiT , inn ntatrllmSwt Fairlie Depot. Kaikoura Depot. Hanturiy Depot. JnvercargUl Depot. Distributions, t.ions, Carbon ,- Total. epot - ! Phosphorus Poisons. B'snlpWde. ! ' fttr y cnnlne - : . ! I l_L! Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. 914 10 6 236 5 8 35 16 6 105 14 3 226 14 6 88 12 11 73 13 2 919 14 8 2,601 2 2 Wages .. .. .. 700 16 0 - 321 9 0 50 0 0 214 9 0 175 18 0 .. .. .. 1,462 12 0 Purchases of poison .. .. 476 10 4 252 2 9 1 2 0 73 16 10 73 16 9 108 6 8 928 12 3 1,542 7 2 3,456 14 9 Sugar, pollard. &c. .. .. 689 19 4 233 8 2 25 6 3 350 5 0 177 2 6 .. .. .. 1,476 1 3 Sundries .. .. . . 19 19 7 12 18 8 9 15 4 12 0 10 43 1 2 .. .. .. 97 15 7 Packing and cartage .. .. 563 7 7 194 15 2 11 17 9 178 9 7 133 7 2 40 8 11 169 0 0 103 5 0 1,394 11 2 Transfers (in) .. .. 23 1 0 .. .. 4 17 7 2 18 5 554 3 6 3 8 0 204 13 9 793 2 3 Balances carried down .. .. .. .. 154 14 6 99 18 5 27 14 1 261 18 8 1,086 4 4 1,630 10 0 3,388 4 4 1,250 19 5 133 17 10 1,094 7 7 932 16 11 819 6 1 1,436 12 1 3,856 4 11 12,912 9 2 To Balances brought down .. 247 15 3 65 15 2 13 17 3 .. .. .. .. .. 327 7 8 Management 200 0 0 55 0 0 15 0 0 70 0 0 60 0 0 40 0 0 95 0 0 205 0 0 740 0 0 Depreciation .. .. 133 15 11 11 3 1 1 12 2 12 6 5 9 0 6 .. .. .. 167 18 1 Interest on capital .. .. 166 4 2 20 10 7 2 18 7 14 6 9 24 12 10 3 19 9 3 6 4 41 7 8 277 6 8 Administration charges .. 40 0 11 18 18 1 2 2 6 17 18 5 14 17 2 8 2 6 22 10 8 43 13 7 168 3 10 Sick-pay and expenses .. 106 9 9 .. .. .. .. .. .. .. 106 9 9 Balances (profits) .. .. .. .. .. 40 2 11 .. .. 141 1 8 796 3 1 977 7 8 894 6 0 171 6 11 35 10 6 154 14 6 108 10 6 52 2 3 261 18 8 1,086 4 4 2,764 13 8 To Balance (loss) .... .. .. .. .. .. .. .. .. 1.134 3 8 Provision for compensation .. .. .. .. .. .. .. .. .. 300 0 0 1,434 3 8 Less profits .... .. .. .. .. .. .. .. .. 977 7 8 Loss .. .. .. .. .. .. .. . . .. .. .. 456 16 0 Cr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. .. 40 2 6 .. .. .. -. 1,191 6 5 2,470 14 6 3,702 3 5 Sales of phosphorus .. .. 22 18 6 29 18 6 0 10 6 18 11 0 11 11 0 68 17 10 .. .. 152 7 4 Sales of phosphorized pollard .. 1,291 16 10 705 18 8 87 17 3 842 16 6 742 14 1 585 1 10 .. .. 4,256 5 2 Sales of phosphorized oats .. 17 1 10 15 17 2 .. 14 18 8 29 19 10 9 11 4 .. .. 87 8 10 Transfers (out) .. .. 554 3 6 .. .. .. .. .. 34 5 0 205 7 9 793 16 3 Sundries .. .. .. 45 2 11 13 11 3 6 8 6 7 14 2 3 1 2 5 18 3 .. .. 81 16 3 Stock, 31st March, 1926 .. 1,209 5 6 379 16 2 25 4 4 210 7 3 145 10 10 149 16 10 211 0 8 ; 1,180 2 8 3,511 4 3 Balances carried down .. 247 15 3 65 15 2 13 17 3 .. .. • ■ .. •. 327 7 8 3,388 4 4 1,250 19 5 133 17 10 1,094 7 7 932 16 11 819 6 1 1,436 12 1 3,856 4 11 1 12,912 9 2 By Balances brought down .. .. .. .. 154 14 6 99 18 5 27 14 1 261 18 8 1,086 4 4 1,630 10 0 Balances (losses) .. .. 894 6 0 171 6 11 35 10 6 .. 8 12 1 24 8 2 .. .. j 1,134 3 8 894 6 0 171 6 11 35 10 6 154 14 6 108 10 6 52 2 3 261 18 8 ' 1,086 4 4 | 2,764 13 8

B.—l [Pt. IV].

Treasury Adjustment Account. £ s. d. Revenue Account. £ s. d. Liability .. .. .. •• 314,809 0 6 Asset .. .. .. .. 307,795 7 9 Asset .. .. .. .. 45,374 1 9 Liability .. .. .. .. 21,453 4 7 Net £269,434 18 9 Net £286,342 3 2 T - & GILBERT, =i ==== Accountant. I hereby certify that the Revenue Account, Accoxmts, Profit and Loss Accounts, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. In the case of the accounts of the Ruakura Farm the departmental figures have been accepted pending the carrying-out of the local audit.— J. H. Fowler, Deputy-Controll ;r and Auditor-General.

DEPARTMENT OF AGRICULTURE— continued. Balance-sheet as at 31st March, 1926.

' Fa y, ms ft&kkit-destruction, Ruakura Farm of i Central Development Moumahaki Other than Special | , Qua?antoe Stottons. mixiig DepoS | Inaction. j Farm, Weraroa. Experimental Farm. Ho 8 Undertakings. | Total - Liabilities. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Capital, 1st April, 1925 .. .. .. .. 44,475 17 0 6,163 0 6 80,532 19 10 62,607 2 4 22,869 14 1 26,124 1 4 63,601 13 6 306,374 8 7 Sundry creditors —General .. .. .. 490 18 0 358 1 11 280 15 9 61 6 5 12 0 0 .. 20,949 5 6 22,152 7 7 Government .. .. .. 134 0 2 41 19 9 276 8 6 34 12 1 .. 12 11 4 4,676 19 11 5,176 11 9 Amounts received in advance .. .. .. .. 0 18 0 388 6 0 .. .. .. 4,782 4 7 5,171 8 7 Depreciation Reserves .. .. .. .. 4,735 14 0 656 1 2 4,373 15 4 6,319 7 4 .. 2,000 2 6 17,417 1 2 35,502 1 6 Writings-off Reserves .. .. .. .. 252 7 3 42 11 8 105 9 4 1,303 10 3 5 10 0 89 11 8 1,079 5 8 2,878 5 10 Reserves for doubtful debts, &c. .. .. .. .. .. .. .. .. .. 442 17 11 442 17 11 Compensation and Contribution Reserve .. .. .. 450 0 0 .. 40 0 0 .. •. .. 490 0 0 Treasury Adjustment Account .. .. .. 9,154 4 6 1,687 10 8 6,385 2 9 2,570 13 10 .. .. 295,011 8 9 314,809 0 6 Excess of revenue over expenditure .. .. .. 977 7 8 .. .. 19,297 5 3 1,178 11 8 .. 21,453 4 7 59,243 0 11 10,377 11 4 92,342 17 6 72,936 12 3 42,184 9 4 29,404 18 6 407,960 17 0 714,450 6 10 £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Land .. .. .. .. .. .. 15,254 0 0 480 0 0 35,976 4 0 18,560 0 0 .. 2,091 3 6 35,187 11 11 107,548 19 5 Permanent improvements .. .. .. 23,962 6 6 2,809 7 6 30,503 7 0 31,904 11 5 .. 9,212 9 6 32,684 11 8 131,076 13 7 Furniture, fittings, and fixtures .. .. .. 27 8 3 14 9 7 1,195 5 11 788 5 6 .. 74 17 11 9,404 17 7 11,505 4 9 Libraries .. .. .. .. .. 1 14 0 .. 34 16 5 85 0 0 .. 12 4 0 5,104 8 11 5,238 3 4 Technical instruments and equipment .. .. 16 2 1 .. .. .. .. 20 9 9 6,002 14 9 6,039 6 7 Mechanical office appliances .. .. .. .. •• .. 18 19 2 .. 10 15 0 2,146 6 7 2,176 0 9 Implements and tools .. .. .. .. 3,931 10 4 256 7 1 3,191 2 3 2,173 10 4 .. 1,883 3 3 2,012 18 1 13,448 11 4 Transport .. .. .. .. .. 118 5 6 .. 300 0 0 136 5 6 .. .. 9,537 2 7 10,091 13 7 Sundry advances, &c. .. .. .. .. .. • • .. •• •• 4,310 19 1 4,310 19 1 Live-stock .. .. .. .. .. 4,539 11 0 .. 8,263 8 0 5,726 18 6 .. 525 0 0 451 15 0 19,506 12 6 Farm crops and stores .. .. .. .. 3,416 1 4 3,511 4 3 4,994 6 3 2,497 2 11 .. 11,551 9 11 4,375 14 0 30,345 18 8 Sundry debtors —General.. .. .. .. 439 15 2 133 10 6 749 18 3 209 7 10 .. 706 15 7 9,476 10 0 11,715 17 4 Government .. .. .. 12 1 3 199 11 9 96 1 7 .. 10 0 0 .. 3,448 6 2 3,766 0 9 Amounts paid in advance .. .. .. .. • • 13 13 1 1 19 8 .. 21 16 0 175 15 9 213 4 6 Compensation and contributions .. .. .. .. 1,496 5 4 .. 70 0 0 .. .. .. 1,566 5 4 Writings-off in Suspense .. .. .. .. 105 7 3 42 11 8 105 9 4 1,303 10 3 5 10 0 89 11 8 1,079 5 8 2,731 5 10 Treasury Adjustment Account .. .. .. .. ; .. .. .. 42,168 19 4 3,205 2 5 .. 45,374 1 9 Excess of expenditure over revenue .. .. 7,418 18 3 1,434 3 8 6,919 5 5 9,461 1 2 .. .. 282,561 19 3 307,795 7 9 59,243 0 11 ! 10,377 11 4 92,342 17 6 72,936 12 3 j 42,184 9 4 29,404 18 6 407,960 17 0 714,450 6 10 !

B.—l [PT. IV].

CHEVIOT ESTATE ACCOUNT. Revenue Account foe the Year ended 31st Maech, 1926. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 858 17 3 By Accrued rent .. .. .. .. 19,330 4 1 Rebates granted.. .. .. .. 1,899 6 8 Interest on investments .. .. .. 9,424 9 3 Remissions of rent .. .. .. 23 8 10 Management charges of Inscribed stock .. 37 6 8 Interest on Inscribed stock .. .. 8,841 18 11 Balance carried down .. .. .. 17,093 15 0 £28,754 13 4 £28,754 13 4 £ s. d. £ s. d. To Balance carried forward .. .. .. 255,997 13 3 By Balance brought down .. .. .. 17,093 15 0 Balance from previous year .. .. 238,903 18 3 £255,997 13 3 £255,997 13 3 Balance-sheet as at 31st Maech, 1926. Liabilities. £ s. d. Assets. £ s , <], New Zealand Consolidated Stock .. .. 211,318 0 0 Land .. .. .. .. .. 391,600 0 0 £ s. d. Sundry debtors, for rents .. .. .. 868 13 10 Interest, due on Consolidated Stock — Sundry debtors, for interest on investment .. 11l 5 6 Due and unpaid .. .. 334 5 5 Postponed rent .. .. .. .. 1,333 19 2 Accrued but not due .. ..1,803 8 10 Sinking Fund Account .. .. .. 2,230 4 0 2,137 14 3 Interest accrued but not due on investments .. 2,895 18 1 Rents charged in advance .. .. .. 6,487 11 10 Capital reductions by Revaluation Board .. 1,110 0 0 Sinking Fund Reserve .. .. .. 2,230 4 0 Rents written off by Revaluation Board .. 153 0 0 Capital Reserve Account .. .. .. 127,038 11 0 £ s. d. Balance of Revenue Account.. .. .. 255,997 13 3 Cash in Public Account .. 73,686 13 9 Investment Account .. .. 131,220 0 0 204,906 13 9 £605,209 14 4 £605,209 14 4 J. B. Thompson, Under-Secretary for Lands. lOth November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the copies of journal entries of the District Land Office, Christchurch, submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IVJ.

COAL RATE—GREYMOUTH HARBOUR BOARD. CROWN'S PROPORTION OF SPECIAL COAL RATE COLLECTED BY THE GREYMOUTH HARBOUR BOARD UNDER SECTION 12, GREYMOUTH HARBOUR BOARD ACT, 1884. Income and Expenditure Account foe the Yeae ended 31st Maech, 1926. Expenditure. Income. £ s. d. To Amount applied in terms of section 9, Finance By Coal rate received .. .. .. 1,254 15 0 Act, 1925, in reduction of debt due by Collections in hands of Board .. .. 64 6 0 Board under section 7, Greymouth Harbour £ s. d. Amount collectable outstanding .. .. 449 0 0 Board Amendment Act, 1920 .. .. 6,145 2 1 Balance .. .. .. .. 11,459 0 1 Interest at 5 per cent, on capital liability .. 7,081 19 0 £13,227 1 1 £13,227 1 1 £ s. d. £ s. d. To Balance at 31st March, 1925 .. .. 160,760 010 By Balance at 31st March, 1926 .. .. 172,219 011 Balance brought down .. .. ~ 11,459 0 1 £172,219 0 11 £172,219 0 11 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital liability .. .. .. .. 141,639 1 0 Collections in hands of Board .. .. 64 6 0 Interest due and unpaid .. .. .. 172,732 611 Amount collectable outstanding .. .. 449 0 0 Treasury Adjustment Account .. .. 141,639 1 0 Balance of Income and Expenditure Account .. 172,219 0 11 £314,371 7 11 £314,371 7 11 25th August, 1926. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. E. C. Campbell, Controller and Auditor-General.

B.—l [PT. IVj.

CONSOLIDATED FUND.—REVENUE UNDER SECTION 12 OF THE REPAYMENT OF THE PUBLIC DEBT ACT, 1925. Revenue Account fob the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Public Debt Repayment Account—■ By Interest on the Public Debt Redemption Payments during the year— Fund due to the Consolidated Fund —■ | per cent, on the public debt out- Public Trust Office (£7,966,688 lis. 2d.)— standing as at 31st March, 1925 Ist April, 1925, to 31st December, (£174,128,134 13s. 2d.) .. .. 870,640 13 6 1925, at 5 per cent. .. .. 300,114 19 7 3J per cent, on the public debt can- Ist January, 1926, to 31st March, celled during the year 1925-26 1926, at 5J per cent. .. .. 103,130 11 11 (£889,732 13s. 2d.) computed from Discharged Soldiers Settlement Account dates of redemption .. .. 2,093 2 6 (£13,500,000) — Excess of revenue over expenditure .. 211,380 8 11 Ist April, 1925, to Ist March, 1926, at 4 per cent. .. .. .. 494,510 17 5 Ist March, 1926, to 31st March, 1926, at 4 per cent, (accrued) .. .. 45,489 2 7 State Advances Office (£3,258,955 19s. 4d.) — Ist April, 1925, to 31st March, 1926, net earnings.... .. .. 107,320 3 11 Accrued at 31st March, 1926 .. 33,548 9 6 £1,084,114 4 11 £1,084,114 4 11 Notes.—(a) The amount of £107,320 3s. lid. due by State Advances Office was outstanding at 31st March, 1926. (b) Overdue interest amounting to £8,427 3s. 7d. on securities held by the State Advances Office has not been included, (e) Interest has been credited on the full amount (£13,500,000) transferred from the Consolidated Fund to the Discharged Soldiers Settlement Account, and now declared to be capital moneys of the Public Debt Redemption Fund, as the amounts to be written off against this sum have not yet been determined. 16th March, 1927. G. C. Rodda, A.R.A.N.Z., Acting-Accountant to the Treasury. I hereby certify that the Revenue Account has been examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby, subject to the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

DEFENCE DEPARTMENT. Headquartebs General Activities Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Pay, military, civil, and Territorial .. .. .. 63,173 13 1 By Rent of quarters, drill-halls, and Grants for rifle shooting and purchase and engraving of offices .. .. .. 4,145 2 5 medals .. .. .. .. .. .. 2,204 16 9 Rental value of buildings, &c., ocMedical examinations, attendance, and hospital charges.. 488 4 4 cupied .. .. .. 29,455 17 6 Advertising, printing, stationery, postages, telegrams, Grazing-rights on rifle ranges and telephones, repairs, cleaning, and office expenses .. 7,461 17 1 reserves .. .. .. 1,273 12 6 Maintenance and hire of drill-halls, offices, and buildings, Fines, Territorials and Cadets .. 103 18 0 parade-grounds, boat-sheds and launches (including Proceeds sales of renovated clothing departmental rental value of buildings occupied) .. 25,314 11 10 and surplus stores .. .. 5,336 0 7 Compensation for sickness and accidents, special allow- Excess of expenditure over income ances, guards of honour, and funeral expenses .. 409 16 8 carried down .. .. .. 163,698 18 4 Maintenance of rifle ranges and targets .. .. 1,611 3 4 Rations, forage, fuel, light, and water .. .. 4,878 17 5 Courts of inquiry, legal expenses, and rewards to police.. 180 11 11 Travelling allowances and expenses, removal expenses, rail, steamer, tram, coach, and ferry fares, freight and cartage.. .. .. .. .. .. 15,549 3 3 Hire and maintenance of horses .. .. .. 589 19 10 Clothing, stores, and ammunition .. .. .. 42,885 2 0 Use of vessel for Defence purposes .. .. .. 121 10 0 Allowances and expenses of officers undergoing training abroad.. .. .. .. .. .. 8,294 0 2 Expenses in connection with wireless installations .. 15 6 3 Subsidies to officers' clubs .. .. .. .. 126 5 0 Electric power for camp lighting and drainage.. 1,477 6 3 Grants towards Y.M.C.A. secretaries at Territorial camps 300 0 0 Rifle Clubs and National Rifle Association. Proportion of pay of military staffs .. .. .. 761 1 6 Railway fares .. .. .. .. 1,500 0 5 Small-arms ammunition issued free and at less than cost 9,046 17 I Departmental rental value of buildings and ranges .. 624 6 10 Miscellaneous charges .. .. .. .. 76 14 1 Grants to National Rifle Association .. .. .. 2,000 0 0 Non-effective Services. Compensation to Miss M. D. McKay .. .. .. 60 0 0 Contribution towards pensions of Imperial officers and N.C.O.s on loan to New Zealand Government .. 31 19 11 Expenses in connection with sale of renovated and surplus stores .. .. .. .. .. .. 2,879 6 4 Grant towards expenses of New Zealand representative at Conference of British Empire Service League, Ottawa.. 117 1 0 Grant to widow of late Major-General C. W. Melville, C.8., C.M.G., D.S.O. .. .. .. .. .. 1,500 0 0 University fees of ex-cadets, Duntroon College.. .. 30 0 0 Publication of Vol. 111, " Official History of New Zealand Expeditionary Eorce in Great War " .. .. 277 0 0 Depreciation on— £ s. d. Buildings .. .. .. 9,418 14 8 Blacksmith's shop gear .. .. 15 1 Photostat .. .. .. 15 0 0 Libraries .. .. .. 42 3 11 Wireless installations .. .. 137 12 6 Furniture .. .. .. 412 0 10 10,026 17 0 £204,013 9 4 £204,013 9 4 £ s. d. £ s. d. To Excess of expenditure over income brought down .. 163,698 18 4 By Excess of expenditure over income £ s. d. after charging interest on capital 227,150 18 9 Interest on capital at 4^-per cent. .. 63,567 12 11 Less royalties received by Lands Department .. .. .. 115 12 6 63,452 0 5 £227,150 18 9 £227,150 18 9 Note. —The above account includes departmental charges for rental value of buildings, &c., occupied, and interest on capital, for which the Department possesses no parliamentary appropriation.

B.—l FPT. IYI.

DEFENCE DEPARTMENT —continued. Territorial Forces Revenue Account tor the Year ended 31st March, 1926. Dr. £ s . d. Cr. £ s. d. To Pay, military, civil, and Territorial .. .. .. 79,747 15 8 By Rent of drill-halls .. .. 698 17 6 Clothing, stores, and ammunition .. .. .. 57,313 12 9 Grazing-rights on rifle ranges .. 454 811 Medical examinations, attendance, and hospital charges 978 5 5 Excess of expenditure over income 193,442 10 2 Grants for rifle shooting .. .. .. .. 21 15 0 Advertising, printing, stationery, postages, telegrams, telephones, repairs, cleaning, and laundering .. 1,399 3 5 Maintenance and hire of drill-halls, ofßees, buildings, parade-grounds, boat-sheds, launches, camps, and departmental rental value of buildings occupied .. 13,399 16 0 Maintenance of rifle ranges and targets .. .. 25 11 2 Rations, forage, fuel, light, and water .. .. 15,405 11 2 Regimental and bands funds grants .. .. 2,223 19 7 Subsidies to officers clubs .. .. .. .. 212 6 5 Travelling allowances and expenses, rail, steamer, tram, coach, and ferry fares, freights and cartage .. 20,443 11 8 Hire and maintenance of horses .. .. .. 3,234 13 11 Maintenance of wireless installations .. .. 15 6 3 Depreciation on— £ s. d. Furniture .. .. .. 118 8 7 Wireless installations .. .. 55 19 7 174 8 2 £194,595 16 7 £194,595 16 7 Cadet Forces Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. dTo Pay, military, civil, and Territorial .. .. .. 38,099 17 6 By Rent of drill-halls .. .. 550 3 6 Clothing, stores, and ammunitfon .. .. .. 30,477 19 9 Grazing-rights on rifle ranges .. 483 10 8 Medical examinations, attendance, and hospital charges 33 12 6 Excess of expenditure over income 88,830 4 9 Grants for rifle shooting .. .. .. .. 20 12 6 Advertising, printing, stationery, postages, telegrams, telephones, repairs, cleaning, and laundering .. 1,127 8 4 Maintenance and hire of drill-halls, buildings, offices, parade-grounds, boat-sheds, launches, camps, and departmental rental value of buildings occupied .. 7,337 15 2 Maintenance of rifle ranges and targets .. .. 16 11 10 Rations, forage, fuel, light, and water .. .. 3,765 611 Regimental and bands funds grants .. .. .. 1,056 12 3 Subsidies to officers' clubs .. .. .. .. 165 3 7 Travelling allowances and expenses, rail, steamer, tram, coach, and ferry fares, freights and cartage .. 7,483 16 2 Hire and maintenance of horses .. .. .. 9 13 6 Depreciation on furniture .. .. .. .. 269 8 11 £89,863 18 11 £89,863 18 11 Army Ordnance Stores Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Pay, military and civil .. .. .. .. 38,593 9 3 By Hire of stores .. .. .. 1,086 1 7 Medical examinations, attendance, and hospital charges 24 2 11 Excess of expenditure over income Advertising, printing, stationery, postages, repairs, (carried down) .. .. 45,894 14 8 cleaning, and laundering.. .. .. .. 633 18 9 Rental value of buildings occupied .. .. .. 1,476 15 8 Rations, forage, fuel, light, and water .. .. 764 II 4 Maintenance and hire of horses .. .. .. 2 13 0 Travelling allowances and expenses, fares, freights, and cartage .. .. .. .. .. 3,354 6 4 Clothing and stores consumed .. .. .. 1,874 13 10 Depreciation on furniture .. .. .. .. 256 5 2 £46,980 16 3 £46,980 16 3 £ s. d. £ s. d. To Balance brought down .. .. .. .. 45,894 14 8 By Excess of expenditure over income Interest on capital, on £2,243,248 4s. Id. at 4J per cent. 100,946 3 4 after charging interest .. .. 146,840 18 0 £146,840 18 0 £146,840 18 0 " Janie Seddon " Launch Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d To Pay of crew (including overtime) .. .. .. 1,694 17 9 By Hire of vessel .. .. .. 1,540 9 0 Deck, engine-room, and miscellaneous stores .. .. 215 14 10 Towing targets, &c. .. .. 295 10 0 Fuel and water .. .. .. . . .. 300 19 1 Excess of expenditure over income Maintenance, repairs, slip dues, &c. .. .. . . 589 13 4 (carried down) .. .. .. 1,140 7 0 Depreciation on vessel .. .. .. .. 17510 £2,976 6 0 £2,976 6 0 £ s. d. £ s. d. To Balance brought down .. .. .. .. 1,140 7 0 By Excess of expenditure over income Interest on capital, on £3,724 at 4J per cent. .. .. 167 11 7 after charging interest on capital .. 1,307 18 7 £1,307 18 7 £1,307 18 7

B.—l [Pt. IY].

DEFENCE DEPARTMENT—continued. Aviation Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Pay, military, flying, and casual-duty flights .. .. 4,880 11 2 By Passenger flights and fees .. .. 357 10 0 Advertising, printing, stationery, postages, &c. ~ 152 16 8 Hire of horses .. .. .. 47 1 6 Travelling allowances and expenses, rail and steamer fares, Rents and grazing-rights .. .. 539 14 1 freights and cartage .. .. .. .. 1,623 810 Excess of expenditure over income Expenses and upkeep of machines, and stores consumed 13,108 12 2 (carried down) .. .. .. 27,366 16 0 Pay, travelling and other expenses of pilots attending refresher courses .. .. .. .. .. 1,237 12 4 Compensation and medical expenses in accident cases ~ 232 15 3 Miscellaneous charges .. .. .. .. 14 2 0 Maintenance of buildings and departmental rental value of buildings occupied .. .. .. .. 327 7 6 New Zealand's proportion of expenses of International Commission on Air Navigation .. .. .. 20 2 0 Loss on disposal of buildings to Public Works Department 1,050 0 0 Value of aeroplane and camera written off —destroyed in accident .. .. .. .. .. 1,506 10 2 Depreciation on— £ s. d. Aircraft and spares .. .. 4,139 6 8 Furniture .. .. .. 17 16 10 4,157 3 6 £28,311 1 7 £28,311 1 7 £ s. d. £ s. d. To Balance brought down .. .. .. .. 27,366 16 0 By Excess of expenditure over income Interest on capital, on £41,938 12s. Id., at 4£ per cent. .. 1,887 4 9 after charging interest on capital.. 29,254 0 9 £29,254 0 9 £29,254 0 9 Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. Capital Account—- £ s. d. Public Works FundLiability to Treasury at Ist April, 1925 3,701,525 2 2 Lands and buildings .. .. .. 827,725 1 6 Value of gifts from Imperial Govern- Consolidated Fund — ment and other sources .. .. 53,802 12 0 Armament, heavy gun and small-arms Treasury Adjustment Account .. 673,340 9 3 ammunition .. .. .. 735,187 14 8 Depreciation Reserve .. .. 52,095 11 1 Less Lower Hutt Fire Suspense Account 4,626 19 5 Stores Depreciation Reserve .. 273,692 19 5 730,560 15 3 Nelson Province Rifle Prize Fund .. 1,023 3 3 Ordnance stocks at vocabulary figures .. 1,983,584 15 1 Rents received in advance .. .. 127 19 9 Ordnance stocks at Disposals Depot .. .. 17,827 12 4 Sundry creditors .. .. .. 25,992 15 3 Unit equipment and stocks .. .. 417,835 6 5 Less Stock Suspense Account .. 112 8 0 417,722 18 5 Army Service Corps supplies .. .. 652 17 10 Stationery and publications .. .. .. 3,672 5 7 Libraries .. .. .. .. 962 18 0 Medals and ribands .. .. .. 6,059 6 0 Defence vessel " Janie Seddon " .. 3,724 11 10 Consumable stores on board .. 12 4 6 — 3,736 16 4 Aircraft, spares and stores .. .. .. 64,929 0 3 Oils and spirits (aircraft) .. .. .. 1,529 13 5 Wireless installations .. .. .. 1,517112 Furniture.. .. .. .. .. 26,970 7 6 Power-house machinery .. .. 3,170 6 0 Power-house stores.. .. .. 102 18 8 3,273 4 8 Horses at valuation . . .. . . 693 10 4 Nelson Province Rifle Prize Fund .. 1,000 0 0 Balance of interest on same in Deposits Account .. .. 23 3 3 1,023 3 3 Sundry debtors .. .. .. 1,198 010 Rents accrued .. .. .. 254 17 2 1,452 18 0 Stamps (including stamps and cash in Regimental Funds Grant Accounts) .. 879 6 3 Assets in Suspense Account pending authority to write off .. .. 3,447 3 0 Less writings-off Suspense Account.. 3,447 3 0 Excess of expenditure over income— Aviation Revenue Account .. 29,254 0 9 Headquarters General Activities Revenue Account .. .. 227,150 18 9 Territorials Revenue Account .. 193,442 10 2 Cadets Revenue Account .. .. 88,830 4 9 Army Ordnance Stores Revenue Account .. .. .. 146,840 18 0 "Janie Seddon" Revenue Account 1,307 18 7 686,826 11 0 £4,781,600 12 2 j £4,781,600 12 2 Note. —The accounts include transfers of assets to and from other Departments for which no parliamentary appropriation is possessed. H. M. Grifeen, Lieut.-Colonel, Director of Financial Services. L. C. Forgie, Major, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. —G. F. C. Campbell, Controller and Auditor-General.

3—B. 1 [PT. IY].

B.—l [PT. IV],

DETERIORATED LANDS ACCOUNT. Receipts and Payments Account for Period ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Debentures issued .. .. .. 2,000 0 0 By Expenses under section 12, subsection (4) (d), Deteriorated Lands Act, 192S — £ s. d. Advertising .. .. 14 12 0 Printing and stationery .. 17 13 9 Expenses of committees, &c. .. 240 4 2 272 9 11 Balance in Public Account, 31st March, 1926 1,727 10 1 £2,000 0 0 £2,000 0 0 Revenue Account for Period ended 31st March, 1926. Dr. £ s. d Or. £ s. d. To Expenses under section 12, subsection (4) (d), By Balance carried forward .. .. .. 532 15 2 Deteriorated Lands Act, 1925— £ s. d. Advertising .. .. .. 33 4 0 Printing and stationery .. ~ 17 13 9 Expenses of committees, &c. .. 479 4 9 530 2 6 Interest on loans .. .. .. .. 212 8 £532 15 2 £532 15 2 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. j Assets. £ s. d. Loan Account .. .. .. .. 2,000 0 0 j Cash in Public Account, 31st March, 192G .. 1,727 10 1 Sundry creditors, for interest accrued on loans .. 212 8 Revenue Account —Balance .. .. .. 532 15 2 Sundry creditors, for miscellaneous services .. 257 12 7 £2,260 5 3 £2,260 5 3 J. B. Thompson, Under-Secretary for Lands. 11th October, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Control.er and Auditor-General.

B.—l [PT. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. £ -s. d. Interest on debentures, &c. .. .. 884,155 15 4 Interest on advances— Charges and expenses of raising loans .. 11,782 2 8 Current .. .. 154,744 1 9 Stamp duty on loans raised .. .. 106 19 5 Section 2—Farms .. 338,756 11 5 Audit i;ees .. .. .. .. 500 0 0 Section 2—Dwellings.. 344,016 15 3 Management expenses .. .. .. 38,768 0 6 Miscellaneous .. 1,450 6 2 Printing and stationery .. .. .. 332 11 5 838,967 14 7 Working-expenses of farms acquired by the Interest on surplus funds temporarily inCrown .. .. .. .. 1,675 1 0 vested .. ~ .. .. 6,478 9 6 Maintenance of plant .. .. .. 749 14 9 Interest on purchase price of stock, MataiRebate of interest .. .. .. 42,939 11 7 kona Settlement .. .. .. 645 0 1 Remission of interest and rent .. .. 2,178 12 2 Rent from properties bought-in by Crown. . 18,689 18 7 Valuation expenses .. .. .. 722 19 8 Profit from sale of properties and stock .. 2,875 0 6 Travelling-expenses of Field Inspectors and Profit from sale of plant .. .. 32 18 2 Inspectors of Securities .. .. 2,019 7 9 Sale of farm-produce, &c. .. .. 2,230 17 5 Loss on realization of securities—Writings- Transfer and production fees .. .. 859 9 6 off in Suspense .. .. .. 250,841 8 1 Valuation fees .. .. .. 330 13 6 Interest written off—Postponements undeT Net Joss for year .. .. .. 371,986 6 9 section 16, Discharged Soldiers Settlement Act, 1921 .. .. .. .. 998 17 10 Depreciation reserve —Plant, &c. .. 1,332 18 0 Reduction of land-value under section 216, Land Act, 1924 .. .. .. 500 0 0 Sundries .. .. .. .. 3,492 8 5 £1,243,096 8 7 £1,243,096 8 7 £ s. d. £ s. d. Net loss for year carried down .. .. 371,986 6 9 Adjustment on account of previous year .. 1,009 8 9 Loss forward from previous year .. .. 410,231 5 0 Balance—Net loss to 31st March, 1926 .. 781,208 3 0 £782,217 11 9 £782,217 11 9 Receipts and Payments "Account for the Year ended 31st March, 1926. Receipts. Payments. £ s. d. Advances on mortgage— £ s. d. £ s. d. Cash in hand .. .. .. .. 178,010 15 6 Current Account .. 588,412 0 9 Cash not cleared through Treasury in pre- Section 2 — Farms Acvious years .. .. •• •• 3 0 0 count .. .. 35,965. 710 Repayment of advances— £ s. d. Section 2—Dwellings AeCurrenl; Account .. 448,230 510 count .. .. 61,244 18 1 Section 2—Farms Account 92,261 15 5 Miscellaneous advances .. 2,594 5 5 Section 2—Dwellings Ac- 688,216 12 1 count .. .. 284,795 6 11 Plant Account—Purchase of motor-ears, &c. 2,269 1 4 Buildings advances .. 175 0 4 Purchase of live and dead stock .. .. 1,301 7 0 Miscellaneous advances .. 1,791 16 1 Sundry estates'—Purchase of stock, and 827,254 4 7 working-expenses .. « .. 3,579 2 1 Property Account — Working-expenses of farm properties acFreehold .. .. 21,604 10 2 quired under power of sale .. .. 1,794 1 11 Leasehold .. .. 11,535 210 Capital expenditure on farms acquired —— 33,139 13 0 through power of sale — £ s. d. Realization Account .. .. .. 55,108 9 1 Property, freehold .. 4,753 18 7 Sale of Farm-produce Account .. .. 2,901 11 4 Property, leasehold .. 2,054 2 4 Sundry estates .. .. .. 7,845 0 7 6,808 0 11 Sale of live and dead stock .. .. 9,211 1 3 Instalments on State Advances mortgages .. 901 18 4 Salfe of plant .. . . .. . • 236 0 9 Realization Account—Expenses incidental Suspense Account .. .. .. 1,953 18 5 to acquisition of properties .. .. 16,599 10 0 Fire Loss Suspense Account .. .. 15,569 8 3 Sundry creditors—Accounts not cleared in Bills receivable .. .. .. 77 4 0 Treasury books in previous years .. 12,900 12 7 Sundry debtors —accounts not cleared in Interest on debentures .. .. .. 340,690 16 2 Treasury in previous years .. .. 4,045 19 3 Interest on transfers from the Consolidated Interest on advances— £ s. d. Fund .. .. . . .. 540,000 0 0 Current Account .. 125,191 15 2 Stamp duties on transfers of stock .. 39 10 0 Section 2—Farms Account 219,022 7 0 Management charges on stock .. .. 106 19 5 Section 2 —Dwellings Ac- Charges and expenses of raising loans .. 1,742 12 8 count .. .. 312,426 3 i Refund of amount received on account Section 2—Buildings Ac- premium on loans .. .. .. 116 3 count .. .. 294 511 Loans repaid .. .. .. .. 13,250 0 0 Miscellaneous .. 281 12 6 Vote, " Expenses of Management"— 657,216 3 8 Supervision and manage- £ s. d. Interest on investments .. .. 11,224 5 0 ment of securities .. 38,810 16 8 Rent and grazing fees .. .. .. 13,987 6 3 Expenses of Revaluation Valuation fees .. ■■ •• 330 3 0 Committee .. .. 3,937 9 9 Production and transfer fees .. .. 846 18 0 42,748 6 5 Sundries .. .. .. 36 13 0 Fire Loss Suspense Account .. .. 10,365 17 2 Suspense Account .. .. .. 938 16 8 Valuation expenses .. .. .. 714 1 2 Printing and stationery .. .. 327 16 11 Travelling-expenses of Supervisors and Inspectors .. .. .. .. 2,023 15 3 Miscellaneous expenditure in connection with properties acquired through exercise of power of sale .. .. .. 3,632 4 11 Maintenance of plant and machinery .. 741 14 7 Working-expenses—Tractor .. .. 527 15 8 Audit fees .. .. .. .. 500 0 0 Sundries .. .. .. .. 1 13 0 Balance— £ s. d. Cash in Public Account .. 15,169 19 4 Imprest outstanding .. 11,284 12 4 Investment Account .. 99,819 0 9 126,273 12 5 £1,818,997 14 11 ' £1,818,997 14 11

B. 1 : FT. IV

DISCHARGED SOLDIERS SETTLEMENT ACCO UNT—continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. Capital Account— £ s. d. £ s. d. Advances on mortgages— £ s. d. £ s. d. Securities issued .. 6,535,885 10 8 Current Account .. 3,042,785 8 9 Transferred from Con- Section 2 —Farms, &c. 6,597,597 9 2 solidated Fund .. 13,500,000 0 0 Section 2 —Dwellings, Securities redeemed &c. .. .. 6,622,824 4 2 from Consolidated 16,263,207 2 1 Fund .. .. 2,500 0 0 Instalments of principal Securities redeemed outstanding— £ s. d. from Depreciation Section2 —Farms, &c. 63,765 7 8 Fund .. .. 38,700 0 0 Section 2—Dwellings, 20,077,085 16 8 &e. .. .. 22,423 19 1 Consolidated Fund—For interest unpaid 86,189 6 9 1923-24 .. .. .. .. 540,000 0 0 Unpaid purchase price (not yet payable) of Interest on loans accrued to 31st March, buildings on Crown properties .. 9,031 10 9 1926, but not payable on that date .. 101,313 110 Sundry debtors for instalments of prinSundry creditors — cipal on buildings .. .. .. 167 9 0 Interest unpaid oil debentures .. 2,327 15 9 Postponed instalments of principal .. 46,252 16 11 Payments in advance .. .. 5,746 14 1 Dominion Revaluation Board—Current Land for Settlements Account —Accrued Advances suspense, section 3 (3) (b), interest on purchase-money, Mataikona Discharged Soldiers Settlement AmendSettlement .. .. .. 20,139 9 6 ment Act, 1924 .. .. .. 5,241 6 8 Sundry creditors for— £ s. d. Interest outstanding— £ s. d. Miscellaneous services 11,695 17 2 Current Account .. 127,207 12 4 Advances from State Section 2—Farms, &c. 173,138 16 3 Advances Office on Section 2—-Dwellings, 22,956 5 3 properties acquired &c. ' 323,302 13 10 by Crown .. 12,361 19 3 Sundry debtors for interest on buildings 24,057 16 5 on Crown properties . . .. 129 5 10 Suspense Account .. .. .. 290 9 7 Interest on advances accrued but not due 127,836 10 5 Realization Suspense .. . . .. 780 3 6 Postponed interest on advances .. 177,088 13 10 Writings-off in Suspense .. .. 246,190 14 7 Interest accrued and unpaid on surplus Fire Loss Suspense .. .. .. 8,641 10 0 funds temporarily invested .. .. 1,956 15 6 Rents charged in advance . . . . 439 4 8 Sundry debtors for— Depreciation reserve .. . . .. 2,475 4 11 Sales of stock .. .. .. 719 15 8 Sinking-fund reserve .. .. .. 56,101 17 1 Rent of properties .. .. .. 6,713 5 8 Postponed rent .. .. .. 576 7 2 Working-expenses of tractor .. 272 17 7 Miscellaneous advances (rates, taxes, insurance, &c.) .. .. .. 1,189 4 9 Interest on miscellaneous advances .. 30 14 3 Miscellaneous expenses recoverable from other Departments .. .. 1,644 9 5 Bills receivable .. .. .. 564 3 9 Machinery and plant .. .. .. 6,51916 2 Property Account—Properties acquired by Crown— £ s. d. Freehold .. .. 720,425 6 8 Leasehold .. .. 272,927 10 7 — 993,352 17 3 Sundry advances merged with value of Crown lands, &c., section 20, Discharged Soldiers Settlement Act, 1923— £ s. d. Land .. . . 20,016 7 2 Principal instalment due 275 1 2 Interest due .. 1,377 I 6 21,668 9 10 Realization Account— Properties in course of realization .. 499,601 13 6 Live stock on hand .. .. 22,683 14 3 Dead stock on hand .. .. 3,099 6 6 Sundry estates—Live and dead stock .. 23,277 7 1 Office requisites .. .. .. 15 7 7 Sinking fund .. .. .. 56,101 17 1 Loan interest paid in advance .. .. 7,162 13 5 Consolidated Fund—For interest overpaid 116 12 6 Losses in Suspense .. .. .. 246,190 14 7 Charges and expenses of raising loans .. 155,000 0 0 Revaluation Board determinations— Reduction in mortgage £ s. d. value .. .. 767,928 7 9 Interest written off .. 213,271 0 3 Remissions of interest 70,998 11 1 Rents written off, &e... 139 3 4 Revaluation Committee expenses .. 29,428 17 11 Revaluation Board expenses .. .. 9,437 3 3 1,091,203 3 7 Revenue Account—Net loss .. .. 781,208 3 0 Cash in Public Account, £ s. d. 31st March, 1926 .. 15,169 19 4 Imprests outstanding .. 11,284 12 4 Investment Account .. 99,819 0 9 126,273 12 5 £21,085,589 18 7 £21,085,589 18 7 J. B. Thompson, J. H. O'Donnell, Under-Secretary for Lands. Controller of Accounts.

B.—l [PT. IY].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and papers submitted for audit, and correctly state the position as disclosed thereby, except— 1. The accounts have been compiled from unaudited copies of Journal entries of the District Land Offices of North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury, and audited statements from ilawke's Bay, Westland, Otago, and Southland. 2. The only assets verified are cash in Public Account, imprests outstanding, and liabilities for loans, accrued interest thereon, sinking fund reserve—except in the districts from which audited statements have been received. .3. Part of interest on capital has been paid out of loan-moneys. 4. The accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund.—G. F. C. Campbell, Controller and Auditor-General.

B.—l IPT. IYI.

EDUCATION DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1926. Summary. Expenditure. Income. To Balances from separate accounts— £ s. d. By Income from — £ s. d. Primary Education .. .. .. 2,388,478 10 9 Primary-education reserves .. .. 109,040 6 5 Secondary Education .. .. 307,840 6 7 National-endowment reserves .. .. 75,010 3 3 Higher Education .. .. .. 104,191 7 8 Balance, excess of expenditure over income 3,299,647 19 2 Technical Education.. .. .. 199,361 19 6 Training of Teachers.. .. .. 168,434 18 5 Native Education .. .. .. 82,625 8 1 Physical Education .. .. .. 8,884 13 11 Examinations .. .. .. 4,938 11 4 Miscellaneous .. .. .. 84,531 3 0 Special Schools Branch and Child Welfare 134,411 9 7 £3,483,698 8 10 £3,483,698 8 10 Head Office Administration. Expenditure. £ s. d. Income. To Salaries .. .. .. .. .. 28,817 16 9 ! By Payment by Teachers' Superannuation Fund for £ s. d. Travelling-expenses .. .. .. 966 19 4 j clerical work .. .. .. .. 900 0 0 Travelling-expenses of officers visiting other ! Sale of publications .. .. .. 48 18 6 countries .. .. .. .. 325 12 9 j Balance transferred to other accounts .. 35,150 3 7 Telephones .. .. .. .. 235 14 6 Office requisites, advertising, publications, See. 522 0 3 Printing and stationery .. .. .. 1,982 19 2 Postage, telegrams, &c. .. .. .. 1,123 19 4 Rent of offices (Government Buildings) .. 1,653 0 0 Depreciation on furniture, &c. .. .. 304 0 0 Interest on capital .. .. .. 167 0 0 £36,099 2 1 £36,099 2 1

B.—l [PT. IY]

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Primary Education. Expenditure. £ s. d. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. 1.4,897 3 7 By School buildings— Public schools — Rent of school buildings .. 03 5 8 Teachers'salaries .. .. .. 1,687,936 19 11 Teachers' house allowance .. .. 45,666 6 4 Teachers' removal expenses .. .. 556 15 4 1,734,160 1 7 Organizing teachers — Salaries .. .. .. .. 7,194 9 0 Inspection, &c. — £ s. d. Travelling-expenses .. .. .. 3,711 13 10 Fees for special 10,906 2 10 examination 46 15 0 Manual instruction— Inspection at Fiji Salaries .. .. .. .. 42,963 14 2 —Recovery of Capitation for material and incidentals .. 19,522 10 3 expenses 35 18 2 Handwork material .. .. .. 11,178 8 0 82 13 2 73,664 12 5 Grading and registration of teachers— Head Office salaries and administration .. 1,100 0 0 Portion of Inspectors' salaries .. . . 2,672 0 0 Expenses of appeals .. .. .. 288 11 3 Printing, &c. .. .. .. .. 30 7 4 ' 4,090 18 7 School and class libraries .. .. .. .. 3,622 15 4 Flags for schools .. .. .. .. 56 14 0 Less contributed by Committees .. .. 9 0 9 47 13 3 Accidents to school-children .. .. .. 95 19 5 Maintenance of school buildings, &c.— Grants to Boards for maintenance .. 106,051 7 1 Subsidies on voluntary contributions for upkeep of schools .. .. . . 15,894 5 7 School Committee allowances .. .. 102,085 7 6 Rent of buildings for school purposes .. 6,185 14 1 230,216 14 3 Inspection of schools— Inspectors'salaries .. .. .. 32,314 16 1 Less charged to grading of teachers .. 2,672 0 0 29,642 16 1 Travelling-expenses (including depreciation on School Journal — cars) .. .. .. .. 9,939 16 11 Sales .. .. .. 826 13 9 Clerical assistance .. .. . . 385 0 0 Office requisites (including depreciation on office furniture, &c.) .. .. . . 301 12 8 Alteration to office .. .. .. 187 12 I Postage, telephone, &c... .. .. 196 45 40,653 2 2 Conveyance and board of pupils and instructors, including depreciation on departmental buses, Education Gazette— &c. .. .. .. .. .. .. 54,898 14 0 Advertising 197 5 7 Education Boards —Grants for general adminis-. Sales .. 46 011 tration .. .. .. .. .. 39,315 2 9 243 6 6 Correspondence School— Head Office administration . . .. 50 0 0 Salaries .. .. .. .. 2,221 1 2 Books and stationery .. 376 1 6 Miscellaneous— Less recoveries from parents 137 0 1 Registration of school colours 6 0 0 239 1 5 Recovery for education of Postage, &c. .. .. .. .. 200 0 0 foreign children .. 9 0 0 Rent of offices .. .. .. .. 11500 Recovery from Fire Insurance Cleaning, lighting, and heating .. .. 49 211 Fund .. .. .. 4,973 13 10 Telephone .. .. .. .. 15 0 0 Balance carried to Genera] Depreciation on furniture, &c. .. .. 18 0 0 Income and Expenditure Interest on capital .. .. .. 12 0 0 Account,.. .. 2,388,478 10 9 2,919 5 6 School Journal — Head Office administration .. .. 50 0 0 Salaries .. .. .. .. 719 7 1 Printing .. .. .. .. 4,913 17 8 j Putting up for despatch .. .. .. 431 5 0 Postage .. .. .. .. 1,246 2 7 Royalties and sundries .. .. .. 232 13 4 Rent of office (including light, cleaning, &e.* 80 0 0 7,673 5 8 Education Gazette — Head Office administration .. .. 20 0 0 Salaries .. .. .. .. 300 0 0 Printing and despatching .. .. 776 7 9 Postage .. .. .. .. 165 7 5 Sundries .. .. .. .. 41 10 0 Rent of office, cleaning, &e. .. .. 30 0 0 1,333 5 2 Free kindergartens—Grants in aid ... .. .. 3,334 0 2 Printing and stationery .. .. .. .. 1,961 15 5 Conferences, expenses of .. .. .. 459 8 9 Exchange teachers, expenses of .. .. .. 49 11 4 Rebuilding schools, &c., destroyed by fire .. .. 5,257 16 4 Miscellaneous .. .. .. .. .. 217 15 2 Interest on capital .. .. .. 164,908 0 0 | £2,394,683 3 8 £2,394,683 3 8

B.—l [PT. IV].

EDUCATION DEPARTMENT —continued. Income and Expenditure Account —continued. Secondary Education. Expenditure,. Income. £ s. d. £ s. d. £ s. d. £ s. d. To Head Office administration charges .. .. .. 2,200 0 0 By High schools— High schools— Pupils fees 5,719 10 2 Salaries of teachers .. .. .. 205,359 12 6 Net income Grants to Boards for administration .. 30,228 12 1 from enGrants to Marlborough High School Board dowm en t (under Marlborough High School Act) .. 400 0 0 applied to Assistance towards maintenance of buildings 152 13 4 payment Subsidies on voluntary contributions for of teachers' general purposes .. .. .. 1,028 14 5 salaries 22,176 12 9 237,169 12 4 27,896 2 11 Grading and registration of teachers— Balance carried to General Head Office administration and salaries .. 130 0 0 Income and Expenditure Part of Inspectors'salaries .. .. 116 0 0 Account .. .. 307,840 6 7 Expenses of appeals .. .. .. 57 7 0 303 7 0 District high schools (secondary department) — Salaries of teachers .. .. .. .. 45,541 16 6 Inspection— Salaries of Inspectors .. .. .. 1,39911 6 Less part charged to grading of teachers .. 116 0 0 1,283 11 6 Travelling-expenses .. .. .. 490 7 3 1,773 18 9 Conveyance of pupils .. .. .. .. 9,135 10 10 Manual instruction .. .. .. .. 3,468 3 6 Scholarships— National .. .. .. .. 12,840 19 10 War bursaries .. .. .. .. 363 16 2 13,204 16 0 Printing and stationery .. .. .. .. 126 4 7 Conferences, expenses of .. . . .. 25 0 0 Interest on capital .. .. .. .. 22,788 0 0 £335,736 9 6 £335,736 9 6 Higher Education. Expenditure. £ s. d. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. 600 0 0 By Rent of buildings purGrants chased for Otago UniN.Z. University and to four University colleges versity .. .. 18 3 7 for general purposes, &c. .. .. 41,306 10 0 Balance carried to General Auckland and Canterbury, for School of Income and Expenditure Forestry .. .. •• •• 2,250 0 0 Account .. .. 104,191 7 8 Salaries of Professors of Education.. .. 3,150 0 0 Otago University, for additional salaries .. 750 0 0 Workers' Educational Association lectures .. 2,000 0 0 Subsidies on voluntary contributions for general purposes .. .. .. 10,112 17 0 — 59,669 7 0 Scholarships .. .. .. ••• 21,577 17 4 Grant for organization purposes—Workers' Educational Association (including additional £125 for 1924-25) .. .. •• 1,625 0 0 University commission .. .. .. .. 2,422 17 11 Miscellaneous .. .. .. .. • • 41 9 0 Interest on capital .. .. .. •• 18,373 0 0 £104,209 11 3 £104,209 11 3

B.—l [PT. IVj.

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Technical Education. Expenditure. £ s. d. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. 1,900 0 0 By Examinations — Technical schools and classes — Examination fees .. 139 5 0 Salaries of instructors .. .. .. 117,432 1 1 Sale of examination Grants to Boards for general purposes .. 33,217 7 7 material .. .. 15 7 2 Travelling-expenses of instructors .. .. 686 19 1 Balance carried to General Grants for material used at schools .. 4,511 12 6 Income and Expenditure Repairs to buildings .. .. .. 941 3 4 Account .. .. 199,361 19 6 Rent of buildings for classes .. .. 1,306 9 8 Subsidies on voluntary contributions for general purposes .. .. .. 1,960 3 11 160,055 17 2 Grading and registration of instructors—■ Head Office salaries and administration .. 130 0 0 Part of Inspectors' salaries .. .. 200 0 0 Expenses of appeals .. .. .. 39 4 9 369 4 9 InspectionSalaries of Superintendent and Inspectors 2,609 15 5 Less portion charged to grading .. .. 200 0 0 2,409 15 5 Travelling-expenses .. .. .. 763 5 8 Miscellaneous .. .. .. .. 26 2 6 3,199 3 7 Conveyance, &c., of pupils .. .. .. .. 6,470 14 10 Conferences, cost of .. .. .. .. 25 0 0 Examinations (City and Guilds, London) .. .. 159 0 1 Printing and stationery .. .. .. .. 162 11 3 Interest on capital .. .. .. .. 27,175 0 0 £199,516 11 8 £199,516 11 8 Training of Teachers. Expenditure. £ s. d. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. .. 750 0 0 By Rent of Training College Training colleges— buildings .. .. 44 18 3 Salaries of staff and teachers of normal schools Balance carried to General (half cost, the remaining half being charged Income and Expendito primary education) .. .. .. 26,473 7 9 ture Account .. 168,434 18 5 Special instruction .. .. .. 2,78104 University college fees for students attending University classes .. .. .. 5,242 15 0 Science material .. .. .. .. 701 13 1 35,198 16 2 Allowances to students .. .. .. 123,747 11 10 Classes at sub-centres .. .. .. .. 2,863 6 2 Conferences, expenses of .. .. .. .. 77 12 10 Printing and stationery .. .. .. .. 62 9 8 Interest on capital .. .. .. .. .. 5,780 0 0 £168,479 16 8 £168,479 16 8 Native Education. Expenditure. Income. £ s. d. £ s. d. £ s. d. £ s. d. To Head Office salaries and administration charges .. .. 950 0 0 By Truancy fines 017 6 Native schools— Sale of trees 3 0 0 Salaries of teachers .. .. .. 57,030 10 3 Rent of buildings 15 0 0 Manual instruction .. .. .. 377 10 0 18 17 6 Books, school requisites, printing, &c. .. 3,564 16 10 Taui-anga Endowment Repairs to buildings .. .. .. 2,459 7 9 Reserve revenue . . 575 5 4 Advertising .. .. .. .. 17 11 11 Recovery from Fire InRemoval expenses of teachers .. .. 657 14 0 suranee Fund .. 42 0 0 Depreciation on buildings .. .. .. 3,120 0 0 Balance carried to Gene67,227 10 9 ral Income and ExpenConveyance and board of children .. .. .. 2, 466 6 1 diture Account .. 82,625 8 1 Inspection— Salaries of Inspectors .. .. .. 1,380 0 0 Travelling-expenses .. ■. • • 504 12 0 1,884 12 0 Higher education— Scholarship allowances and expenses .. .. .. 5,504 0 7 Rebuilding of schools destroyed lay fire .. .. .. 43 0 0 Miscellaneous .. .. ■ • • • • • 51 1 6 Interest on capital .. .. .. •• •• 5,135 0 0 £83,261 10 11 £83,261. 10 11

4—B. 1 [PT. IV].

B.—l [Pt. IT

EDUCATION DEPARTMENT —continued. Income and Expenditure Account —continued. Physical Education. Expenditure £ s. d. £ s. d. Income. £ s. d. To Head Office salaries and administration charges .. .. 93 0 0 By Balance carried to General Salaries of instructors .. .. .. 5,151 5 5 Income and Expendi-Travelling-expenses .. .. .. .. 3,459 19 0 ture Account .. 8,884 13 11 8,611 4 5 Books and material .. .. .. .. .. 127 1 0 Classes for teachers .. .. .. .. .. 46 16 0 Miscellaneous .. .. .. .. .. 6 12 6 £8,884 13 11 £8,884 13 11 Examinations. Expenditure. £ s. d. £ s. d. Income. £ g. d. To Head Office salaries and administration charges .. .. 2,150 0 0 By Fees for examination and Examiners'and Supervisors'fees .. .. 5,049 3 1 certificates .. .. 5,064 3 8 Printing and stationery .. .. .. 1,217 10 3 Balance carried to General Forwarding charges, rent of buildings, &c. .. 1,085 1 6 Income and ExpendiPostages, &c. .. .. .. .. 409 0 2 ture Account .. 4,938 11 4 —— — 7,760 15 0 Rent of store, Wellington .. .. .. .. 92 0 0 £10,002 15 0 £10,002 15 0 Miscellaneous. Expenditure. £ s. d. £ s. d. Income. £ s. d. To Council of Education—Expenses of delegates .. .. 155 16 8 By Miscellaneous .. .. 0 2 3 Exhibition, expenses of .. .. .. .. 30 9 9 Balance carried to General Eire insurance on school buildings—Contribution Income and Expenditure to Eire Insurance Fund .. .. .. .. 10,000 0 0 Account .. .. 84,531 3 0 Teachers' Registers, printing .. .. .. .. 72 19 0 Public libraries —Subsidies .. .. .. .. 3,002 19 8 Teachers' superannuation—Government subsidies under— Superannuation Act .. .. .. 43,000 0 0 Finance Act, 1925 .. .. .. .. 2,952 5 2 Additional appropriation .. .. .. 25,000 0 0 70,952 5 2 Reports on educational matters by persons from outside of New Zealand (additional to 1924-25) .. 14 11 6 Waikino tragedy —Compensation, &c. .. .. .. 166 13 6 Portraits of the late Right Hon. W. F. Massey, P.C. .. 49 0 8 Loans, cost of raising .. .. .. .. 86 9 4 £84.531 5 3 £84,531 5 3 Special Schools (Summary). Expenditure. Income. To Balance brought forward from separate £ s. d. By Balance carried to General Income and £ s. d. accounts— Expenditure Account .. .. .. 134,411 9 7 Education of the blind .. .. .. 1,120 12 0 Education of the deaf .. .. 7,457 18 8 Education of the feeble-minded .. .. 15,437 13 1 Child welfare .. .. .. .. 104 ,514 19 2 Stores Summary Account .. .. 5,880 6 8 £134,411 9 7 £134,411 9 7 Special Schools, &c.—General Administration. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges 9,517 14 5 By Separate accounts for special schools, &c. .. 10,876 3 0 Postage and telegrams .. .. .. 746 3 0 Printing and stationery, &c. .. .. 612 5 7 ! £10,876 3 0 ' £10,876 3 0

B.—l [PT. IV].

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Education of the Blind. Expenditure. £ s. d. Income. £ s. d T To Head Office salaries and administration charges 45 0 0 By Maintenance fees from parents, &c. .. 429 0 1 Maintenance of children at — £ s. d. Balance carried to Special Schools Branch Jubilee Institute for the Blind 544 11 0 Summary of Income and Expenditure .. 1,120 12 0 Special instruction .. .. 15 0 0 Tra I veiling-expenses of children 11 1 1 570 12 1 Provision for bad debts . . .. .. 40 0 0 Interest on capital (grants to Jubilee Institute for buildings, &c.) .. .. .. 894 0 0 £1,549 12 1 £1,549 12 1 Education of the Deaf. , Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges 380 0 0 By Maintenance fees from parents, &c. .. 2,350 19 11 School for the Deaf, Sumner — £ s. d. £ s. d. Salaries of staff .. .. 5,994 510 Sale of produce .. .. 11 17 4 Maintenance of staff, inmates, Meals provided .. .. 0 6 0 &c. .. .. .. 1,749 7 6 Deduction from salaries of staff Maintenance of buildings, &c. 396 9 6 for board or quarters provided 465 0 0 8,140 2 10 — 477 3 4 Advertising .. .. .. .. 25 7 7 By Balance carried to Special Schools Branch Traveiling-expenses of children and escorts .. 368 11 6 Summary of Income and Expenditure .. 7,457 18 8 Depreciation on buildings, &c. .. .. 455 0 0 Provision for bad debts .. .. .. 150 0 0 Interest on capital .. .. .. 767 0 0 £10,286 1 11 . £10,286 1 II School for the Deaf —Income from Bequests in the Hands of Public Trustee. (To be expended on recreations, &c., for inmates not usually provided by the Department from parliamentary vote.) Expenditure. £ s. d. Income. £ s. d. To Expenditure on recreations, &c. .. .. 155 11 9 By Balance in hand, 31st March, "1925 .. .. 174 14 3 Balance in hand, 31st March, 1926 .. 124 9 4 Income from bequests .. .. .. 105 610 £280 1 1 £280 I I Education and Training of the Feeble-minded. Expenditure. Income. £ s. d. To Balance (net cost) on— £ s. d. By Maintenance fees from parents, &c. .. 1,419 18 1 Richmond School for Girls .. .. 4,303 3 4 Recoveries on account of travelling-expenses 42 18 11 Otekaike School for Boys .. .. 12,022 4 11 Balance carried to Special Schools Branch Head Office administration (non-institutional) 95 0 0 Summary of Income and Expenditure .. 15,437 13 1 Travelling-expenses of children and officers .. 332 7 7 Postage, telegrams .. .. .. 47 14 3 Provision for bad debts .. .. .. 100 0 0 £16,900 10 1 £16,900 10 I Special School for Girls, Richmond. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administrative charges 140 0 0 By Deductions from salaries of staff for board or Salaries of staff .. .. .. .. 2,109 4 6 quarters provided .. .. .. 380 0 0 Maintenance of inmates and staff .. .. 1,547 17 0 Sale of produce .. .. .. .. 410 0 Repairs to buddings .. .. .. 125 11 10 Balance carried to Education and Training of Depreciation on buildings, &c. .. .. 297 0 0 Feeble-minded Income and Expenditure Interest on capital .. .. .. 468 0 0 Account .. .. .. 4,303 3 4 £4,687 13 4 £4,687 13 4 Special School for Boys, Otekaike. Expenditure. £ s. d. Inc,ome. £ s. d. To Head Office salaries and administration charges 320 0 0 By Sale of baskets, &c. .. .. .. 265 19 8 Salaries of staff .. .. .. .. 5,247 12 11 Boot repairs for staff, &c. .. .. .. 715 6 Maintenance of staff and inmates .. .. 4,349 12 8 Meals provided .. .. .. .. 11 2 8 Repairs, &c., to buildings, &c. ... .. 939 15 10 Deductions from salaries of staff for board or Basketmaking material .. .. .. 54 9 1 quarters provided .. .. .. 1,140 0 0 Depreciation on buildings, &c. .. .. 1,056 0 0 Boys'labour at sawmill .. .. .. 81 0 0 Interest on capital .. .. .. 1,566 0 0 Office expenses forTsawmill .. .. 15 0 0 Balance from Farm Account .. .. 47 15 5 Office expenses for farm .. .. .. 50 0 0 Balance from Sawmill Account .. .. 11 16 10 Balance carried to Education and Training of Feeble-minded Income and Expenditure Account .. .. .. .. 12,022 411 £13,593 2 9 £13,593 2 9

B.—l [PT. IYJ.

EDUCATION DEPARTMENT—-continued. Income and Expenditure Account —continued. Special School for Boys, Otekaike (Farm Account). Expenditure. £ s. d. £ s. d. Income. £ s. d. To Stocks on hand, Ist April, 1925— By Sales of produce (including issues to Otekaike Live-stock .. .. 615 0 0 institution) . .. .. .. 1,728 17 0 Farm-produce 1,093 0 0 Sawmill —for use of traction-engine .. .. 20 0 0 1,708 0 0 Stock on hand 31st March, 1926 — £ s. d. Purchases of live-stock .. .. .. 101 0 0 Live-stock .. .. 578 19 6 Purchases of seeds, manures, &c. .. .. 194 7 9 Farm-produce, &c. .. .. 1,211 10 5 Purchases of feed .. .. .. .. .35 16 7 1,790 911 Salaries and wages of staff employed on farm .. 770 0 0 Repairs to farm plant, buildings, &c... .. 271 18 0 Depreciation on farm, buildings, &c. .. .. 103 0 0 Balance carried down .. .. .. 355 4 7 £3,539 6 II £3,539 6 11 £ s. d. • £ s. d. To Head Office salaries and administration charges .. 30 0 0 By Balance brought down .. .. .. 355 4 7 Otekaike office salaries, &c. .. .. .. 50 0 0 Balance carried to Otekaike General Account .. 47 15 5 Interest on capital .. .. .. .. 323 0 0 £403 0 0 £403 0 0 Special School for Boys, Otekaike (Sawmill Account). Expeiuliture. £ s. d. Income. £ s. d. To Stock of timber on hand, Ist April, 1925 .. 360 0 0 By Sales (including issues to Otekaike institution) .. 394 19 8 Wages (including value of boys' labour) .. 310 10 0 Stock of sawn timber on hand, 31st March, 1926 500 0 0 Hire of traction-engine from farm .. . . 20 0 0 Royalty .. .. . . .. 45 0 0 Repairs, &c., to plant . . .. . . 61 510 Genera] expenses .. .. .. >. 39 0 8 Depreciation on plant, &c. .. .. . . 15 0 0 Balance carried down .. .. .. 44 3 2 £894 19 8 - £894 19 8 £ s. d. £ s. d. To Head Office administration charges .. .. 5 0 0 By Balance brought down .. .. .. 44 3 2 Office expenses at Otekaike .. .. .. 15 0 0 Balance carried to Otekaike General Account .. 11 16 10 Interest on capital .. .. .. .. 36 0 0 £56 0 0 £56 0 0 Child Welfare (Summary). Expenditure. £ s. d. Income. £ s. d. To Balances from separate accounts— By Fees recoverable from parents, &e., for mainBoys' Training Farm, Weraroa .. .. 6,579 2 6 tenance of children .. .. .. 34,549 18 2 Caversham Industrial School .. .. 2,379 19 1 Balance transferred to Special Schools Income Te Oranga Home .. .. .. 1,012 8 2 and Expenditure Account .. .. 104,514 19 2 Miramar Home .. .. .. .. 528 7 8 Receiving-homes— Auckland .. .. .. .. 1,637 17 5 Hamilton .. .. .. .. 1,094 14 1 Wanganui .. .. .. .. 695 1 2 Napier .. .. .. .. 733 5 8 Wellington .. .. .. .. 1,557 7 9 Christehurch .. .. .. .. 1,734 5 0 Probation Homes — Auckland .. .. .. .. 1,789 18 11 Wellington .. .. .. .. 1,014 9 7 Christchurch .. .. .. .. 1,185 4 8 Dunedin .. .. .. . . 940 2 4 Non-institutional .. .. 107,182 13 4 Provision for bad debts (maintenance, fees, &c.) .. .. .. .. 9,000 0 0 £139,064 17 4 i £139,064 17 4

B.—l [Pt. IY].

EDUCATION DEPARTMENT —continued. Income and Expenditure Account —continued. Boys' Training-farm, Weraroa. Expenditure. £ s. d. Income. £ s. d. To Head Office administration charges .. .. 140 0 0 By Deductions from salaries of staff for board or Salaries and wages of staff, &c. .. .. 2,381 17 5 quarters provided .. .. .. 380 0 0 Maintenance of inmates and staff .. .. 2,062 19 6 Farm Account, for office-work, &c. .. .. 125 0 0 Maintenance of buildings, &c. .. . . 504 3 6 Balance carried to Child Welfare Income and Telephones .. .. .. .. 16 0 0 Expenditure Account .. .. .. 6,579 2 6 Depreciation on buildings, &c. .. .. 628 0 0 Interest on capital.. .. .. .. 791 0 0 Balance (loss) from Farm Account .. .. 560 2 1 £7,084 2 6 £7,084 2 6 Boys' Training-farm, Weraroa (Farm Account). Expenditure. Income. £ s. d. To Stocks, 31st March, 1925— £ s. d. £ s. d. By Sales of produce—including issues to Weraroa Live-stock .. .. 2,069 0 0 Institution .. .. .. .. 2,473 15 7 Farm-produce .. .. 852 0 0 Threshing, &c. .. .. .. .. 12 0 0 2,921 0 0 Rent of farm cottages (staff) .. .. 80 0 0 Purchase of live-stock .. .. .. 62 13 0 Stocks on hand, 31st March, 1926— £ s. d. Purchase of seeds, manure, &c. .. .. 522 18 3 Live-stock .. .. 2,074 10 0 Purchase of feed .. .. .. .. 322 8 1 Farm-produoe, &c. .. 1,405 15 0 Repairs to buildings, plant, &c. .. .. 232 9 1 ■ ———— 3,480 5 0 Depreciation on buildings, &c. .. .. 357 0 0 Salaries and wages of staff, &c. .. .. 912 19 9 Miscellaneous expenses .. .. .. 98 14 6 Balance carried down .. .. .. 615 17 11 £6,046 0 7 £6,046 0 7 £ s. d. £ s. d. To Head Office administration charges .. .. 50 0 0 By Balance brought down .. .. .. 615 17 11 Weraroa Office charges .. . . .. 125 0 0 Interest on capital .. .. .. 1,001 0 0 Balance carried to Weraroa Income and Expenditure Account .. .. .. .. 560 2 1 £1,176 0 0 £1,176 0 0 Caversham Industrial School for Girls. Expenditure. £ s. d. Income. To Head Office administration charges . . .. 70 0 0 By Deduction from salaries of staff for board or £ s. d. Salaries and wages of staff .. .. .. 958 11 6 quarters provided .. .. .. 210 0 0 Maintenance of inmates and staff .. .. 1,109 9 4 Rent of sand-pits, 1924-25 and 1925-26 .. 180 0 0 Maintenance of buildings, &c. .. .. 122 17 11 Rent of buildings, &c. .. .. .. 44 2 2 Telephone .. .. .. .. 9 2 6 Balance carried to Child Welfare Income and Depreciation on buildings, &c. .. .. 204 0 0 Expenditure Account .. .. .. 2,37919 1 Interest on capital.. .. .. .. 340 0 0 £2,814 1 3 £2,814 1 3 Te Oranga Home. Expenditure. £ s. d. Income. £ s. d. To Salary (caretaker) .. .. .. .. 125 0 0 By Rents .. .. .. .. .. 600 Maintenance of buildings, &c. .. .. 13 10 7 Garden-produce, &c. .. .. .. 5 14 11 Telephone .. .. .. .. 8 12 6 Firewood cut .. .. .. .. 45 0 0 Depreciation on buildings .. .. .. 228 0 0 Balance carried to Child Welfare Income and Interest on capital .. .. .. 694 0 0 Expenditure Account .. .. .. 1,012 8 2 £1,069 3 1 £1,069 3 1 Miramar Home. Expenditure £ s. d. Income. £ s. d. To Maintenance of buildings, &c. .. .. .. 124 7 8 By Balance carried to Child Welfare Income ExpendiDepreciation on buildings, &c. .. .. 144 0 0 ture Account .. .. .. .. 528 7 8 Interest on capital .. .. .. .. 260 0 0 £528 7 8 £528 7 8

B.—l. [PT.I VJ .

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued.

Child Welfare —Non-institutional. Expenditure. £ s. d. Income. £ s. d. To Head Office salaries and administration charges 9,166 3 0 By Recoveries from parents, &c., for travellingSalaries of officers .. .. .. 13,986 18 2 expenses, &c. .. .. .. .. 337 17 7 Rent of offices, office requisites, &c. .. 1,773 411 Earnings of boys placed at service £ s. d. Depreciation on office furniture, &c. .. 86 0 0 (deceased earnings forfeited) 563 15 7 Telephones .. .. .. .. 293 1 5 Less refund of earnings forfeited Legal expenses .. .. .. .. 33 13 7 in previous years .. 383 3 1 Travelling-expenses of staff and children (in- * 180 12 6 eluding depreciation on cars, &c.).. .. 6,846 9 2 Balance carried to Child Welfare Income and Medical examination of children .. .. 618 10 Expenditure Account .. .. .. 107,182 13 4 Charges against inmates at service remitted .. 850 17 0 Maintenance of children boarded out— £ s. d. Payments to foster-parents 65,292 18 10 Clothing, &c., provided .. 6,490 16 11 Post and Telegraph Department — Commission on payments 756 19 6 72,540 15 3 Maintenance of children in private industrial schools .. .. .. .. 1,53387 Maintenance of children in other institutions 72 13 6 Interest on capital ...... 511 0 0 £107,701 3 5 £107,701 3 5

Receiving Homes. Auckland. Hamilton. i Wanganui. Napier. ' Wellington. Christchurch. I I __ Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Head Office administration charges .. 45 0 0 30 0 0 25 0 0 30 0 0 50 0 0 60 0 0 Salaries of staff .. .. .. 510 0 0 332 16 2 302 7 7 377 2 7 607 14 7 587 12 6 Maintenance of inmates and staff .. 767 7 0 253 15 7 144 15 2 217 16 8 | 503 5 2 458 4 3 Maintenance of buildings, &o. .. .. 68 17 11 334 12 4 75 8 5 22 0 2 312 4 3 461 4 6 Telephones .. .. .. .. 7 12 6 5 10 0 5 10 0 6 6 3 539 6 3 9 Depreciation on buildings, &c... .. 122 00 83 00 81 00 62 0 0 88 00 11900 Interest on capital .. .. .. 222 0 0 115 0 0 121 0 0 93 0 0 126 0 0 177 0 0 1,742 17 5 1,154 14 1 755 1 2 808 5 8 1,692 7 9 1,869 5 0 Income. By Deduction from salaries of staff for board 105 0 0 60 0 0 60 0 0 75 0 0 105 0 0 135 0 0 or quarters provided Board of girls employed at factory .. .. .. .. .. 30 0 0 ! Balance carried to Child Welfare Income 1,637 17 5 1,094 14 1 695 1 2 733 5 8 1,557 7 9 1,734 5 0 and Expenditure Account —■— 1,742 17 5 1,154 14 1 755 1 2 808 5 8 1,692 7 9 j 1,869 5 0 Probation Homes. Auckland. Wellington. Christchurch. Dunedin. Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. To Head Office administration charges .. .. .. .. 50 0 0 20 0 0 30 0 0 20 0 0 Salaries of staff .. .. .. .. .. .. 605 0 0 241 7 8 493 0 4 321 18 6 Maintenance of inmates and staff .. .. .. .. 609 0 1 464 9 4 373 3 8 357 19 1 Maintenance of buildings, &c. .. .. .. .. 51 7 7 119 9 7 6 6 8 42 14 9 Telephones .. .. .. .. .. .. 7 11 3 8 10 0 8 8 9 7 10 0 Depreciation on buildings, &c. .. .. .. .. 15700 87 00 15700 82 00 Interest on capital .. .. .. .. .. 410 0 0 163 0 0 235 0 0 168 0 0 1,889 18 11 1,103 16 7 1,302 19 5 1,000 2 4 Income. By Deduction from salaries of staff for board and quarters provided 95 0 0 80 0 0 115 0 0 60 0 0 Sale of garden-produce .. .. .. .. .. 5 0 0 .. 2 14 9 Rent of buildings .. .. .. .. .. .. .. 970 Balance carried to Child Welfare Income and Expenditure Account 1,789 18 11 1,014 9 7 1,185 4 8 940 2 4 1,889 18 11 1,103 16 7 1,302 19 5 1,000 2 4

B.—l [PT. IV.]

EDUCATION DEPARTMENT—continued. Income and Expenditure Account—continued. Stores Summary Account. Expenditure. Income. To Balance (loss) from — £ s. d. By Balance (profit) from— £ g. d. Wellington Central Store Account .. .. 5,971 13 11 Auckland Branch Store Account.. .. 183 16 8 Nelson Sub-store Account .. .. 225 6 9 Factory Account .. .. .. 132 17 4 Balance carried to Special Schools Summary Account .. .. .. .. 5,880 6 8 £6,197 0 8 £6,197 0 8 SPECIAL SCHOOLS STORES. Central Store, Wellington. Trading Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ b. d. To Stock, Ist April, 1925 .. .. .. 12,024 0 0 By Sales, including issues to institutions, &c. .. 8,163 13 7 Purchases .. .. .. .. 3,999 11 6 Stock at 31st March, 1926.. .. .. 4,726 17 7 Issues from factory .. .. .. 1,438 11 2 Balance carried down .. .. .. 4,571 II 6 £17,462 2 8 £17,462 2 8 Profit and Loss Account. Expenditure. £ s. d. Income. £ s. d. To Balance brought down .. .. .. 4,571 11 6 By Balance carried to Stores Summary Account.. 5,971 13 11 Head Office administration charges .. .. 50 0 0 Salaries and wages .. .. .. 610 8 4 Rent .. .. .. .. .. 80 0 0 Outward freight .. .. .. .. 43 15 4 Fire insurance on stock .. .. .. 78 7 4 Cleaning, lighting, and heating, &e... .. 42 6 6 Telephones ........ 17 0 0 Expenses of removal .. .. .. 29 14 11 Cash stolen at store .. .. .. 0 10 0 Depreciation on fittings .. .. .. 26 0 0 Interest on capital .. .. .. 422 0 0 £5,971 13 11 £5,971 13 11 Branch Store, Auckland. Trading Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Stock, Ist April, 1925 .. .. .. 993 0 0 By Issues to institutions, &c. .. .. .. 2,010 4 3 Transfers from Wellington store .. .. 1,310 19 3 Stock at 31st March, 1926 ~ .. .. 734 17 10 Purchases .. .. .. .. 127 6 2 Balance carried down .. .. .. 313 16 8 £2,745 2 1 £2,745 2 1 Profit and Loss Account. Expenditure. £ s. d. Income. £ g. d. To Head Office administration charges .. .. 5 0 0 By Balance brought down .. .. .. 313 16 8 Salaries .. .. .. . . .. 60 0 0 Rent .. .. .. .. .. 17 0 0 Depreciation on fittings .. .. .. 4 0 0 Interest on capital .. .. .. 44 0 0 Balance carried to Stores Summary Account.. 183 16 8 £313 16 8 £313 16 8 Sub-store, Nelson. Trading Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Stock, Ist April, 1925 .. .. .. 1,090 0 0 By Issues and sales .. .. .. .. 1,110 1 5 Transfers from Wellington, &c. .. .. 182 14 0 Balance (loss) transferred to Stores Summary Purchases .. .. .. .. 33 14 2 Account .. .. .. .. 225 6 9 Head Office administration charges .. 5 0 0 Interest on capital .. .. . . 24 0 0 £1,335 8 2 £1,335 8 2

B.—l [PT. IV].

EDUCATION DEPARTMENT —continued. Income and Expenditure Account—continued. Factory, Wellington. Trading Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Stocks of material and unfinished work at Ist By Goods manufactured and issued .. .. 1,721 3 I April, 1925 .. .. .. .. 1,310 9 6 Sale of rags .. .. .. .. 4 9 2 Issues from Central Store .. .. 187 5 3 £ s. d. Wages .. .. .. .. .. 466 7 2 Stock (material) at 31st March, 1.926 613 3 Balance carried down .. .. .. 319 7 9 Stock (partly manufactured) at 31st March, 1926 .. .. .. 551 4 2 557 17 5 £2,283 9 8 £2,283 9 8 Profit and Loss Account. Expenditure. £ s. d. Income. £ s. dTo Bemoval expenses .. .. .. .. 23 16 10 By Balance brought down .. .. .. 319 7 9 Alterations to fittings, &c. .. .. .. 54 8 8 Power and light .. .. .. .. 20 4 11 Bent .. .. .. .. .. 20 0 0 Depreciation on plant, &c. .. .. .. 26 0 0 Head Office administration charges .. .. 15 0 0 Interest on capital .. .. .. .. 27 0 0 Balance (profit) carried to Stores Summary Account 132 17 4 £319 7 9 £319 7 9 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital .. .. .. .. .. 3,401,927 8 0 National Development Account— Education Loans Account — £ s. d. Grants to Education and Loans raised .. .. 2,402,871 13 3 other Boards for sites, Transfer from Consolidated buildings, equipment, Fund .. .. 100,000 0 0 &c. — £ s. d. £ s. d. —-— — 2,502,871 13 3 For elementary education 3,737,704 18 2 Reserve for depreciation .. .. .. 37,644 12 7 For kindergartens .. 4,384 6 2 Boys, &0., licensed at service—Wages in hands of For secondary education 559, 629 13 5 Department .. .. .. .. 77,376 14 0 For higher education .. 445,225 5 0 Sundry creditors .. .. .. .. 51,364 2 3 For technical education.. 615,789 7 1 Amounts paid to Department in advance .. 342 10 9 For training of teachers.. 144,341 2 8 Hutt High School Board—Amount of rent held For education of the blind 26,725 15 2 intrust .. .. .. .. 219 10 6 5,533,800 7 8 School for the Deaf Account—lncome from Departmental assets — bequests for special purposes .. .. 124 9 4 Land, &c. .. .. 55,181 10 1 Stores Suspense Account .. .. .. 4,988 14 1 Buildings .. .. 217,946 10 9 Treasury Adjustment Account .. .. 3,267,572 16 6 Hydro-electric service .. 703 18 6 Water service .. . . 616 17 1 Furniture, fittings, &c. .. 20,030 8 1 Farm and other plant, implements, &c. .. 5,084 15 2 Motor-cycles and cars .. 3,930 10 7 Typewriters and mechanical appliances .. .. 1,403 16 6 Library .. .. 340 5 1.0 305,238 12 7 Stocks of material on hand, 31st March, 1926 — School-books and requisites 378 9 9 Genera] stores .. .. 16,203 19 3 Farm-produce .. .. 2,689 5 5 Live-stock .. .. 2,732 19 6 Stores Deficiency Account 4,988 14 1 26,993 8 0 Amounts paid by Department in advance .. 279 3 4 £ s. d. Sundry debtors .. .. 79,283 13 5 Less reserve for bad debts.. 20,538 2 1 58,745 11 4 Amounts due by Government Departments .. .. 2,104 5 3 60,849 16 7 Deposits in Post Office Savings-bank (wages of boys at service, &c.) .. .. .. 77,376 14 0 Official stamps on hand .. .. .. 91 2 5 Education Loans Account—Balance in account 40,155 7 6 Balance from Income and Expenditure Account 3,299,647 19 2 £9,344,432 11 3 I £9,344,432 11 3 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value of offices, &c., as assessed by Public Works Department; (b) interest on capital. The fees for the maintenance of children in the care of the State have not been credited to separate institutions. The working-expenses of the institutions have little connection with the amount of fees collected on account of the inmates, and in any case the work involved in making an allocation of this revenue is out of proportion to any result obtained. C. E. Crawford, A.R.A.N.Z., Accountant. 11th November, 1926. A. Bell, Secretary. I hereby certify that the Income and Expenditure, Trading, Profit and Loss Accounts, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes.' —J. H. FOWLER, Deputy-Controller and Auditor-General.

B. —1 [PT. IV] .

ELECTORAL DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. 3,919 19 3 By Sundry revenue .. .. .. 416 15 8 General election — Balance carried down . . .. .. 100,042 9 10 Expenses of taking .. .. .. 27,985 15- 9 Preparation of rolls .. .. .. 39,531 2 9 Expenses of by-elections .. .. .. 558 11 I Licensing poll .. .. .. .. 13,455 15 9 Licensing Committee elections .. .. 788 5 0 Postage .. .. .. .. 6,752 17 7 Printing and stationery . . .. .. 4,053 12 4 Rent .. .. .. .. .. 997 5 9 Saleable rolls destroyed .. .. .. 2,330 19 0 Sales —Miscellaneous (loss) .. .. 13 1 1 Sundries .. .. .. .. 72 0 2 £100,459 5 6 £100,459 5 6 £ s. d. £ s. d. To Balance brought down .. .. .. 100,042 910 By Balance carried down .. .. .. 101,452 9 0 Depreciation .. .. .. .. 839 5 6 Interest on capital .. .. .. 570 13 8 £101,452 9 0 £101,452 9 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 12,666 6 3 Furniture and fittings .. .. .. 11,324 14 2 Sundry creditors .. .. .. .. 4,278 17 7 Mechanical appliances .. .. .. 292 3 8 Depreciation reserve .. .. .. 3,999 7 3 Stock of rolls .. .. .. .. 1,431 9 0 Treasury Adjustment Account .. .. 93,561 5 3 Sundry debtors .. .. .. .. 5 0 6 Excess of expenditure over income .. .. 101,452 9 0 £114,505 16 4 £114,505 16 4 Note. —The above accounts contain charges for interest on capital and rent for which the Department posesses no parliamentary appropriation. J. Hislop, Chief Electoral Officer. A. W. Pyne, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the positions as disclosed thereby, subject to the above departmental note. —J. H. Fowler, Deputy Controller and Auditor-General.

5 -B. 1 [PT. IV].

B.—l [PT. TV}.

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1926. General Balance-sheet at 31st March, 1926, compared with Position at 31st March, 1925.

1924-25. Liabilities. 1925-26. 1924-25. Assets. 1925-26. I jj " j £ s. d. Aid to Water-power Works and Electric £ "s. d. £ s. d. £ s. d. Lake Coleridge scheme — £ s. d. £ s. d. Supply Accounts — 1,078,522 1 2 Assets as per separate balance-sheet .. .. 1,464,931 0 8 Debentures issued — Profit and Loss Account —Accumulated 125,000 0 0 At 4 per cent, interest .. .. 189,000 0 0 17,738 18 10 loss to date 344,000 0 0 At 4£ per cent, interest .. .. 310,000 0 0 4,000 0 0 At 5£ per cent, interest .. .. 108,450 0 0 1,096,261 0 0 55,750 0 0 At 5 per cent, interest .. .. 51,650 0 0 N.Z. inscribed stock — Lake Waikaremoana scheme — 800,360 0 0 At 5 per cent, interest (due 1930) .. 804,460 0 0 , 78,178 17 5 Assets as per separate balance-sheet .. 81,702 13 2 At per cent, (due 1936) .. .. 195,550 0 0 7,159 16 4 Profit and Loss Account —Loss to date .. 10,682 18 9 N.Z. Consolidated Stock — : 92,385 11 11 At 4J per cent, (due 1945) .. .. 542,004 10 10 85,338 13 9 510,991 13 4 At 5 per cent, (due 1935-45).. .. 510,991 13 4 Waikato River schemes — 1,076,938 9 3 At 6 per cent, interest (due 1936-51) .. 1,076,938 9 3 Horahora — 807,703 17 0 At 6 per cent, interest (due 1936-51) .. 807,703 17 0 553,032 13 1 Assets as per separate balance-sheet .. 767,637 2 3 4,596,748 10 5 12,235 1 8 Investments, Sinking Fund .. .. 17,596 11 3 3,724,743 19 7 785,233 13 6 565,267 14 9 Arapuni — £ s. d. 176 0 0 Land and fencing .. 151 5 2 Waihi Gold-mining Company (Limited) — 26,218 9 9 Roads and bridges .. 27,029 16 0 Purchase of Horahora works —Deed of Electric lines and tele212,500 0 0 security at 5 per cent, interest .. .. 212,500 0 0 319 8 2 phone service | 5,631 1 7 Houses .. .. 5,'453 2 7 Offices and temporary 5,947 5 7 buildings .. .. 6,180 6 9 — ; 38,8.14 10 6 38,292 5 1 Consolidated Fund — —— Headworks — Interest accrued on loans to 31st March, - Engineering and pre41,483 1 5 1926 .. .. .. .. 45,978 3 0 17,352 19 1 liminary works .. 16,678 13 3 67 10 0 Sundry creditors for interest unclaimed .. 100 18 0 Electric supply for 46,079 1 0 433 11 6 works 41,550 11 5 • Dam and other head- + works under Arm-strong-Whitworth's 111,285 15 5 contract .. 322,072 7 7 Amount set aside as reserve to cover differ- 338,751 0 10 ence between interest payable on loans 129,072 6 0 raised and interest earned from their 50,000- volt lines — 30,848 18 8 temporary investment pending use .. .. 31,250 0 5 4,836 17 8 Horahora- Arapuni .. 5,891 12 3 Arapuni-Ngongotaha 223 4 11 Penrose-Takapuna.. 1,594 6 0 486 4 7 Katikati-Waikino 11 8 0 Pokeno-Waihou Waikino-Bombay .. 1,268 2 4 2,862 8 4 11,449 7 5 4,009,643 9 8 Carried forward.. .. .. .. 4,886,577 11 10 1,925,681 7 0 Carried forward.. .. .. 380,427 19 8 2,342,550 6 1

B. —1 [PT. IVI.

ELECTRIC SUPPLY ACCOUNT— continued. General Balance-sheet at 31st March, 1926, as compared with Position at 31st March, 1925—continued.

I ll i I 1924-25. j Liabilities. 1925-26. 1924-25. Assets. 1925-26. j . j | | j £ s. d. j £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. 4,009,643 9 8 ! Brought forward .. .. .. 4,886,577 11 10 1,925,681 7 0 Brought forward . . .. 380,427 19 8 2,342,550 6 1 Sundry Creditors — Waikato Biver Schemes —continued. 22,571 7 11 Arapuni scheme .. .. .. 44,895 3 10 Arapuni —continued. 7,957 2 3 Horahora scheme .. .. .. 4,614 9 9 110,000-volt lines — £ s. d. 16,060 10 5 Lake Coleridge scheme .. .. 34,915 18 2 93,415 15 0 Hamilton-Penrose .. 27,714 12 2 Mangahao scheme .. .. .. 15,290 3 4 148 15 9 Arapuni - Te Kuiti .. Waikaremoana scheme .. .. 291 8 8 .. Arapuni-Hamilton .. 27,531 13 6 Lakes Te Anau and Manapouri surveys .. 163 13 3 Arapuni - Penrose Amount due to Public Works Fund, Public 133 17 0 (tower) .. .. 4,999 10 11 Works Departmental, for Head Office 32,531 4 5 j salaries, &c. .. .. 26,240 0 0 93,69S 7 9 126,410 17 0 74,303 12 9 50,000-volt substations — 3 18 0 Takapuna .. .. 12 15 10 4 10 9 Waitemata .. 13 18 3 4 4 0 Huntly .. .. 10 3 4 3 0 Hamilton .. .. 5 16 9 Depreciation Reserves— 4 9 6 Bombay .. .. 1,196 4 9 31,680 16 7 Horahora scheme .. ,. .. 46,443 18 4 i ' 1,229 15 10 88,631 3 0 Lake Coleridge scheme .. .. 111,526 8 0 21 5 3 Mangahao scheme .. .. .. 30,056 0 0 2,883 8 0 Waikaremoana scheme .. .. 4,431 0 0 i! 110,000-volt substation — 192,457 6 4 20,801 8 0 ! Penrose.. .. .. .. 9 13 6 123,195 7 7 ... £ s. d. 1110 1 Office furniture 1,970 8 5 Motor-vehicles .. 3,949 0 5 Loose tools, plant, and Sinking Funds — 6,063 19 0 equipment .. 7,470 2 2 16,983 5 1 Horahora scheme .. .. .. 28,938 11 3 Engineering, office and Lake Coleridge scheme .. .. 8,906 15 11 general expenses on 37,845 7 2 preliminary surveys and during construc- ! 5,178 6 4 tion .. .. 15,696 7 5 Supervision and office expenses on transmis- ' sion - lines and subReserve Fund — j stations during con20,547 12 1 Horahora scheme .. ! 30,553 18 0 .. struction .. .. 8,404 2 2 Interest during con- > > i 20,985 0 5 struction .. .. 41,159 17 7 j . ; 76,679 9 9 34.209 4 3 ; I i IS, 109 10 11 I Stocks of material on hand .. .. 61,263 18 6 553 9 9 | Sundry debtors .. .. .. 877 13 3 ; 553,019 14 11 j 4,244.673 7 2 Carried forward.. .. .. .. 5,27.3,845 0 4 2,093,074 12 11 Carried forward.. .. .. 2,895,570 1 0

B.—l [PT. IV].

ELECTRIC SUPPLY ACCOUNT— continued. General Balance-sheet at 31st March, 1926, as compared with Position at 31st March, 1925— continued.

1924-25. Liabilities. j 1925-26. I 1924-25. j Assets. 1925-26. I I j I [ I £ 3. d. £ 8. d. £ s. d. £ » s. d. £ s. d. £ s. d. 4,244,673 7 2 Brought forward .. .. .. 5,273,845 0 4 2,093,074 12 11 Brought forward .. .. .. 2,895,570 1 0 Mangahao scheme — 1,903,715 1 5 Assets as per separate balance-sheet .. 2,111,908 4 2 Profit and Loss Account —Loss to date .. 67,290 12 9 1 i_ 2,179,198 16 11 Other schemes, surveys, &c. — j North Island — 376 13 11 Aratiatia (Waika to River) .. .. 376 13 11 453 9 6 Huka Falls (Waikato River).. .. 453 9 6 2,719 2 3 Hutt River (including dam site) .. 2,705 10 7 38 9 0 Makuri River .. .. .. 38 9 0 1,355 4 4 Rotoiti-Kaituna .. .. .. 1,355 4 4 879 16 8 Tauherenikau River .. .. 879 16 8 236 6 8 Wairau River .. .. .. 236 6 8 !| — — 6,045 10 8 6,059 2 4 ' | South Island — 803 1 9 Clarence River .. .. .. 803 1 9 5 0 0 Lake Kanieri .. .. .. 5 0 0 749 8 2 Nelson-Marlborough .. .. 749 8 2 252 15 1 Timaru-Oamaru .. .. .. 2,004 12 4 519 12 7 Opihi River .. .. .. 519 12 7 17 7 0 Toaroha River .. .. .. 17 7 0 543 0 5 Teviot River .. .. .. 543 0 5 11 19 0 Upper Taieri River.. .. .. 11 19 0 475 5 8 Lake Hawea .. .. .. 475 5 8 Lakes Te Anau and Mana- £ s. d. pouri .. .. 578 4 10 Material on hand .. 212 11 1 790 15 11 3,377 9 8 5,920 2 10 General expenditure not chargeable to any 4,439 17 8 individual scheme .. .. .. .. 4,613 9 1 Charges and expenses of raising loans during year .. .. .. .. .. 43,148 0 2 Balance in Electric Supply Account at the end of the year — 30,479 13 10 Cash in Public Account .. .. 2,350 6 8 In hands of Government officers in New 3,598 15 1 Zealand .. .. .. .. 2,145 7 0 In hands of Government officers in 42,369 6 11 London .. .. .. .. 43,616 0 9 48,111 14 5 76,447 15 10 4,244,673 7 2 Carried forward.. .. .. .. 5,273.845 0 4 4,087,113 19 10 Carried forward.. .. .. .. 5,182,607 15 1 i I

ELECTRIC SUPPLY ACCOUNT— continued. General Balance-sheet at 31st March, 1926, compared with Position at 31st March, 1925—continued.

WAIKAREMOANA ELECTRIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1926.

B.—l [PT. IY].

J. J. Gibsou, Accountant, Public Works Department. I hereby certify that the General Balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby, subject to the reservations included in the certificates of the Balance-sheets of the separate schemes required in terms of section 6, State Supply of Electrical Energy Act, 1917, and the accounts do not'include a charge for any portion of the Government subsidy paid to the Superannuation Fund.— G. F. C. Campbell, Controller and Auditor-General.

1924-25. Liabilities. 1923-26. 1924-25. Assets. 1925-26. - . ■ .-I, l, . Si. . Xi,- 4, ■ ■•.■■■ , ■■ ■■ . . ■ .. 'I \ . , 1 . . . . . £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 4,244,673 7 2 Brought forward .. .. .. 5,273,845 0 4 4,087,113 19 10 Brought forward .. .. .. 5,182,607 15 1 Investment Account (funds invested until 152,800 0 0 actually required for use) .. .. .. 90,000 0 0 1,239,913 19 10 Interest accrued on investments to 31st 4,490 2 1 March, 1926.. .. .. .. 1,196 7 5 269 5 3 j Sundrv debtors for interest due but unpaid 40 17 10 ' — 1,237 5 3 4,759 7 4 £4,244,673 7 2 Total .. .. .. .. .. £5,273,845 0 4 4,244,673 7 2 Total .. .. .. .. .. £5,273,845 0 4

1924-25. j 1925-26. 1924-25. 1925-26. £ s. d. £ s. d. £ s. d. £ s. d. 4,261 1 0 To Interest on capital .. .. .. ■■ .. 4,388 4 0 2,440 5 8 By Rental of plant and land leased to Wairoa Power Board .. 2,425 13 7 Departmental expenses .. .. .. .. 13 0 0 3,295 12 4 Loss for year.. .. .. .. .. .. 3,523 2 5 Depreciation on plant (2 per cent, on value of assets in 1,418 10 0 operation at close of year) .. .. .. .. 1,432 6 0 56 7 0 Interest on Depreciation Reserve (4 per cent, on £2,883 8s.) .. 115 6 0 £5,735 18 0 £5,948 16 0 £5,735 18 0 £5,948 16 0 3,295 12 4 Loss for year, as above .. .. .. .. .. 3,523 2 5 7,159 16 4 Accumulated loss to date carried to balance-sheet.. .. 10.682 IS 9 3,864 4 0 Loss carried forward at 1st April, 1925 .. .. .. 7,159 16 4 £7,159 16 4 £10,682 18 9 £7,159 16 4 £10,682 13 9

B.—l PT. TYj.

Balance-sheet at 31st March, 1926.

I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position with the following exceptions (а) In the opinion of the Audit Office the provisions of section 10, State Supply of Electrical Energy Act, 1917, have not been observed, inasmuch as the Depreciation Reserve has been used for the general purposes of the undertaking instead of being employed for the establishment of a Depreciation Fund. (б) There is no authority of law for the charging against Net Revenue Account interest in respect of Depreciation Reserve moneys employed for the general purposes of the undertaking. Note.—With regard to the foregoing exceptions, which apply to the accounts for 1925-26 only, the Finance Act, 1926, now contains provisions which will for the future enable the moneys of the Depreciation Reserve to be used for the purposes of the scheme instead of being separately invested, (c) In the opinion of the Audit Office the purchase price of the land exchanged for the watershed and paid for out of the Lands Improvement vote is a proper charge against the scheme.— G. F. C. Campbell, Controller and Auditor-General. C 1 C '

ELECTRIC SUPPLY ACCO UNT— continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY— continued. Depreciation Reserve.

£ s. d. £ s. d. £ s. d. £ s. d. 2,883 8 0 Balance carried to balance-sheet .. .. .. . . 4,431 0 0 1,408 11 0 By Balance at close of previous year .. .. .. 2.883 8 0 56 7 0 Interest .. .. .. .. .. . , 115 6 0 1,418 10 0 Amount reserved for year .. .. .. .. 1,432 6 0 £2,883 8 0 £4,431 0 0 £2,883 8 0 £4,431 0 0

1924-25. Liabilities. 1925-26. 1924-25. Assets. 1925-26. £ s. d. £ s. d. £ s. d. £ s. d. 82,455 5 9 Balance carried to general balance -sheet .. .. .. 87,663 3 3 11,431 10 10 Access roads and bridges .. .. .. .. .. 11,431 10 10 Sundry creditors .. .. .. .. 291 8 8 18,478 6 2 Pipe-lines .. .. .. .. .. .. 19,045 2 7 2,883 8 0 Depreciation reserve .. .. .. .. . • 4,431 0 0 25,905 18 5 Power-house building and machinery .. .. .. 25,545 12 10 6,625 1 11 Compensation for land .. .. .. .. .. 6,625 1 11 278 17 3 Headworks .. .. .. .. .. .. 278 17 3 3,053 0 9 Staff cottages .. .. .. ., .. .. 3,083 1 4 1,260 1 5 Workmen's huts .. .. .. .. .. 1,260 1 5 436 17 11 Workshop .. .. .. .. .. 442 11 4 Transmission-line surveys — Napier—Waikaremoana .. .. .. .. 1,509 0 8 Waikaremoana-Gisborne .. .. ., .. 221 0 6 1,000 0 0 Telephone-line to Wairoa .. .. .. .. 1,000 0 0 3,146 2 8 Survey, engineering, and office expenses .. .. .. 4,355 2 10 5,697 14 5 Interest during construction .. .. .. .. 5,767 0 5 77,313 11 9 80,564 3 11 865 5 8 Sundry debtors .. .. .. .. .. . . 1,138 9 3 Balance from Profit and Loss Account: Accumulated loss to 7,159 16 4 date .. .. .. .. .. .. .. 10,682 18 9 £85,338 13 9 £92,385 11 11 £85,338 13 9 £92,385 11 11 - — i- - — -

8.--1 [PT. IT].

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC- POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925.

Gross Revenue Account. 1924-25. 1925-26. 1924-25. | 1925-26. To Generating expenses, headworks, and power- £ s. d. £ s. d. £ s. d. ; By Sale of energy — £ s. d. £ s. d. £ s. d. house — 88,224 17 4 : Wholesale .. .. .. .. 120,749 1 6 2,881 18 10 Salaries .. .. .. .. 2,894 4 5 1,864 7 4 Retail .. .. .. .. 263 9 7 | 851 2 8 Wages .. .. .. .. 725 12 5 ' 121.012 II 1 82 10 5 | Supplies .. .. .. .. 58 6 5 [ 90,089 4 8 444 3 10 Transport of stores, &c. .. .. .. 580 1 0 J j Maintenance and repairs — .1 990 11 4 Harper diversion .. .. .. 1,354 0 0 15 1 4 Discounts forfeited .. .. 0 3 10 257 11 10 Headworks .. .. .. .. 297 4 5 :! j 145 13 6 Power-housebuilding.. .. .. 205 16 8 ! ■ 1,003 14 2 | Power-house machinery .. .. 515 15 3 : Rents — 172 9 1 ! Roads and fences .. .. .. 232 19 8 976 11 9 Land and buildings .. .. .. 1,054 19 11 550 15 10 Staff residences, &c. .. .. .. 447 18 3 252 17 3 j Electric lines .. .. . • 221 4 8 i 7,311 18 6 132 16 8 Electric plant .. .. .. 471 12 11 7,380 11 6 ! 1,747 17 6 1 1,362 5 8 Transmission- lines — 525 0 0 ; Salaries .. .. .. . ■ 555 0 0 Transport, including upkeep of horses, I 585 0 1 1 traps, cars, and cycles .. .. 560 16 1 j Fees for testing and repairing electrical ap2,052 4 9 : Repairs to power-lines .. .. 2,992 3 9 476 16 8 pliances .. .. •• .. ■- 445 5 3 1 : 5 1 4,107 19 10 3,162 4 10 Substation, Addington — j Stand-by provision: Fees from wholesale 1,154 11 1 ; Salaries .. .. .. .. 1,258 6 8 80 0 0 consumers .. .. •• •- 80 0 0 511 3 6 Wages .. .. .. .. 521 8 2 85 8 10 Supplies .. .. .. .. 58 16 11 Maintenance and repairs — 334 14 9 Buildings and yards. .. .. 238 18 3 Interest from local bodies in respect of 163 6 10 Machinery " .. .. .. 227 11 1 7 9 4 reticulations sold on deferred payment .. .. 7 9 4 2,305 1 1 132 4 11 Earnings, motor-vehicles .. .. •• 61 6 11 2,249 5 0 Distribution — 212 11 9 Salaries .. .. .. .. 212 10 0 Transport, including upkeep of motor114 2 8 vehicles .. .. .. . ■ 99 8 4 Maintenance of feeder cables, transformer 1,581 9 0 stations, and tools .. .. .. 2,649 17 0 2,237 0 3 Maintenance of secondary distribution .. 2,553 17 7 340 14 0 Maintenance of and testing meters . • 250 15 7 73 5 7 Earth-testing .. .. .. 109 12 7 — j 5,876 1 1 4,559 3 3 17,351 4 7 Carried forward .'. .. .. . . ' 19,601 0 6 92,163 2 7 Carried forward .. .. .. .. 123,354 13 11

B.—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925— continued.

Gross Revenue Account —continued. 1924-25. 1925-26. 1924-25. 1925-26. ; I ___ : ; v i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 17,351 4 7 Brought forward .. .. .. 19,601 0 6 92,163 2 7 Brought forward .. .. .. 123,354 13 11 To Stand-by provision — Payment to Christchurch Tramway Board 1,350 0 0 for rental .. .. .. .. 1,350 0 0 Payment to Christchurch Tramway Board 26 13 1 for energy supplied .. .. .. 226 12 11 1,576 12 11 1,376 13 1 — i Management and general expenses — 2,155 17 1 Salaries .. .. .. .. 2,241 0 7 313 13 11 Sick and holiday pay to workmen .. 267 6 11 71 13 1 Travelling-expenses .. .. .. 103 11 10 | 379 0 0 Office-rent .. .. .. .. 379 0 0 65 10 0 Bent of other buildings .. .. 65 10 0 148 7 3 Postages and telegrams .. .. 132 16 3 126 17 3 Telephone subscriptions . .. 136 S 8 131 19 8 Printing and stationery .. .. 95 14 1 12 10 0 Advertising .. .. .. .. 17 1 3 238 8 8 Accident pay .. .. .. 13 1 7 83 10 5 Fire insurance .. .. .. 107 6 3 88 6 8 Audit fees .. .. .. .. 139 13 4 313 2 8 Meter-reading and line-inspection .. 208 14 8 73 13 5 Commission on collection of accounts ..243 329 9 11 Electrical testing .. .. .. 328 10 9 10 7 5 Miscellaneous trade expenses .. .. 4 14 7 Misappropriation by clerk .. .. 909 18 4 Proportion of salaries, rents, and expenses, Head Office and High Commissioner's Staff .. .. .. .. 705 0 0 5,857 13 4 4,542 7 5 27,035 6 9 23,270 5 1 68,892 17 6 Balance to Net Revenue Account .. .. 96,319 7 2 £92,163 2 7 £123,354 13 11 £92,163 2 7 £123,354 13 11 Net Revenue Account £ s. d. £ s. d. £ s. d. £ s. d. 15,679 0 0 To Depreciation at 2 per cent, per annum on completed work 19,350 0 0 68,892 17 6 j By Balance from Gross Revenue Account .. .. 96,319 7 2 47,780 6 9 Interest for year ended 31st March .. .. .. 50,323 12 5 5,433 10 9 Balance to Profit and Loss Appropriation Account .. 26,645 14 9 £68,892 17 6 £96,319 7 2 £68,892 17 6 j £96,319 7 2

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Appropriation Account.

6 —B. 1 [PT. IY].

B.—l I PT. IYI.

Balance-sheet at 31st March, 1926.

j 1.924-25. — 1925-26. j 1924-25. 1925-26. j 1 ! — '■— __ £ s. d. £ s. d. j £ s. d. £ s. d. 23,172 9 7 To Balance from previous year's statement .. .. .. 17,738 18 10 i 5,433 10 9 By Balance from Net Revenue Account .. .. .. 26,645 14 9 Sinking Fund Account .. .. .. .. 8,906 15 11 j 17,738 18 10 Balance to balance-sheet— Accumulated loss £23,172 9 7 £26,645 14 9 £23,172 9 7 £26,645 14 9 Depreciation Reserve Account. £ s. d. To Amounts written off — £ s. d. £ s. d. j £ s. d. 1,075 0 11 Motor-vehicles and tools .. .. .. .. .. 72,593 19 8 By Balance from previous year's statement .. .. 88,631 3 0 1,470 10 9 Paparua Reticulation .. .. .. .. .. .. 2,903 15 0 Interest at 4 per cent, per annum .. .. .. 3,545 5 0 S8,631 3 0 Balance to balance-sheet .. .. .. .. 111,526 8 0 15,679 0 0 Amount set aside as per Net Revenue Account .. .. 19,350 0 0 £91,176 14 8 £111,526 8 0 £91,176 14 8 £111,526 8 0 Sinking Fund Account. £ s. d. £ s. d. £ s. d. £ s. d. To Balance .. .. .. .. .. .. 8,906 15 11 .. By amount set aside from Profit and Loss Appropriation Account 8,906 15 11 £8,906 15 11 .. £8,906 15 11

1924-25. Liabilities. 1925-26. 1924-25. Assets. 1925-26. £ s. d. £ s. d. £ s. d. £ s. d. Works at Lake Coleridge — £ s. d. | £ g. d. 88,631 3 0 Depreciation Reserve Account .. .. .. Ill 526 8 0 4,507 7 5 Land, including fencing and planting .. 4,601 19 2 Sinking Fund .. .. .. .. .. 8,906 15 11 8,319 13 9 Coalgate Gorge Road .. .. .. 10,064 17 5 7,566 3 8 Service roads .. .. .. 7,566 3 8 Sundry creditors — 310 8 5 Service telephones .. .. .. 310 8 5 i 5,656 1 0 On open accounts .. 5,471 18 6 22,543 8 8 9,891 14 0 On contracts .. .. ■■ •• 29,133 8 2 20,703 13 3 512 15 5 Payment for current in advance .. ■. 310 11 6 I Ueadworks — 34.915 18 2 First tunnel, including inlet and outlet 16,060 10 5 80,520 8 11 works .. .. .. .. 80,5-6 0 8 Second tunnel, including inlet and outlet 71,111 52 1 works .. .. .. .. 202,987 17 5 Balance carried to general balance-sheet— 83,436 14 5 Pipe-imes' .. .. .. .. 121,582 14 1 I,096,261 0 0 Total assets as per contra .. ■■ 1,464,931 0 8 4,453 7 9 Tram-lines .. .. .. .. 4,18'i 14 5 104,691 13 5 Less total liabilities as above .. •• 155,349 2 1 1,309,581 18 7 3,473 19 5 Weir at lake-outlet, gauges, and fencing .. 3.473 19 5 22,995 13 11 Harper River diversion works .. .. 23.007 6 9 991,569 6 7 435,824 12 9 265,991 16 6 II,096,261 0 0 Carried forward . . .. ■■ .. 11,464,931 0 8 286,695 9 9 Carried forward .. .. .. | .. i 458,368 1 5

B.—l [Pt. IY!.

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO- ELECTRIC- POWER SUPPLY—continued. Balance-sheet at 31st March, 1926— continued.

1924-25. j Liabilities. 1925-26. , 1924-15. Assets. j 1925-26. I £ s. d. I | £ s. d. £ s. d. £ s. d. I £ s. d. 1,096,261 0 0 j Brought forward .. .. .. 1,464,931 0 8 286,695 9 9 Brought forward .. .. .. 458,368 1 5 Works at Lake Coleridge — Power-house— 32,444 11 0 Buildings, &c. .. 52,680 9 4 1 96,019 2 0 Machinery, &c. . .. .. 129,451 9 9 231 2 1 Office furniture, fittings, &c. .. .. 231 2 1 | 182,363 1 2 128,694 15 1 —— — Accommodation tor staff and workmen — 23,463 6 1 Buildings, fencing, &c. .. .. 24,400 16 0 Transmission-lines — 4,983 14 4 Land.. .. .. .. .. 4,983 14 4 173,120 19 6 Power-lines to Christchurch .. .. ISO, 609 19 9 57,460 5 8 Power-lines to South Canterbury.. .. 97,196 11 8 Power-lines to Timaru and Oamaru .. 10,970 14 1 2,468 13 5 Telephone-system .. .. .. 2,480 7 8 Linemen's cottages, depots, tools, and 3,244 17 3 equipment .. .. .. .. 3,244 17 3 6,588 12 4 Alterations to public telegraph-lines . . 6,588 12 4 9,154 9 6 Point Switching Station.. .. . ] 1,386 19 4 | 317,401 16 5 262,021 12 0 . Addington Substation — 3,483 0 5 Land, including cottages .. .. 3.483 0 5 8,481 6 6 Substation buildings .. .. .. 8,654 19 0 32,089 9 5 Machinery, &c. .. .. 6!,i,99 14 3 5,865 14 3 Store buildings and workshops .. 5,865 14 3 |- ' | 79,403 7 11 49,919 10 7 — Primary distribution — 7,021 16 1 Supply cables —Christchurch City .. 7,021 16 1 4,8S9 19 10 Christchurch Tramways 4,889 19 10 7,097 13 1 Lyttelton .. .. 7.210 15 11 19,168 19 6 I Northern .. .. 20.720 19 11 11,281 7 4 Southern .. .. 13,096 2 0 4,046 14 1 Motukarara .. 4,064 7 7 4.961 11 3 Substations —Hororata .. 6,190 13 0 8,863 1 8 j Ashburton .. . . 12,838 111 12,378 10 10 | Timaru .. .. .. 14,974 13 2 622 9 9 j Lightning-arresters .. .. . . 622 9 9 300 4 5 : Tools and equipment .. .. .. 300 4 5 1,516 12 8 Alterations to public telegraph-lines .. 1,516 12 8 93,4 6 16 3 £2.149 0 6 Secondary distribution — 15.432 8 3 Supply cables and reticulation .. .. 15,490 5 2 26.141 16 1 Local substations ,, .. .. 26,675 3 2 42,165 8 4 41,574 4 4 1,096,261 0 0 Carried forward .. .. .. 1,464,931 0 8 874,-517 18 4 Carried forward . .. 1,197,609 7 6

B.—l [Pt. IY].

I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted lor audit, and correctly state the position with the following exceptions :— (a) In the opinion of the Audit Office the provisions of section 10, State Supply of Electrical Energy Act, 1917, have not been observed, inasmuch as the Depreciation Reserve has been used for the general purposes of the undertaking instead of being employed for the establishment of a Depreciation Fund. (b) There is no authority of law for the charging against Net Revenue Account of interest in respect of Depreciation Reserve moneys employed for the general purposes of the undertaking. Note.—With regard to the foregoing exceptions the Finance Act, 1926, now contains provision for the moneys of the Depreciation Reserve to be used for the purposes of the scheme instead of being separately invested. (c) The Balance-sheet does not disclose the assets representing the full amount of the Sinking Fund.— Gr. F. C. Campbell, Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1926— continued.

1924-25. Liabilities j 1925-26. 1924-25. i Assets. \ 1925-26. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1,096,261 0 0 Brought forward .. .. .. 1,464,931 0 8 874.517 18 4 Brought forward .. .. .. 1,197,609 7 6 8,910 7 3 Service transformers and meters .. .. .. 7,Oo3 9 6 7,171 4 8 Motor-cars, lorries, and cycles, &c. .. .. .. 9,460 18 4 107 9 4- Test-room equipment .. .. .. . . 108 5 4 14,870 18 10 Loose tools, plant, and equipment .. . . .. 17,846 3 11 ! 1, 729 3 9 Public telephones to the lake .. .. . . 1,729 3 9 Telephones to Christchurch City Council and 173 19 1 Tramway Beard and local offices.. .. 173 19 1 252 16 9 Christchurch office —Furniture and fittings .. .. 255 1 0 Engineering, office, and general expenses on 32,444 .17 1 preliminary surveys and during construction .. 47,030 10 9 Salaries of Engineers and others on preliminary 31,796 19 2 surveys and during construction .. .. .. 35,152 17 11 36,515 3 10 Interest during construction . . .. 14 4 1,008,490 18 1 1,366,950 11 5 46,695 5 11 Stocks of material, &c., on hand at date .. .. 69,504 16 11 Telephone subscriptions, fire insurance, &e., 136 8 4 paid in advance .. .. .. .. 162 13 6 Sundry debtors— 22,837 3 0 For current, rent, work carried out, &c. .. .. 28,312 18 10 Amount misappropriated by clerk in Christ362 5 10 church office | 1,078,522 1 2 Balance from Profit and Loss Appropriation 17,738 18 10 Account 1,096,261 0 0 £1,464,931 0 8 £1,096,261 0 0 £1,464,931 0 8

£.—1 [Pt. IY]

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925.

Gross Revenue Account. \ 1924 -to. | 1925-26. ! 1924-25. 1925-26. £ s. d. To Genera ting expenses, heachvorks, and power- £ s. d. £ s. d. £ s. d. By Sales of electrical energy to wholesale con- £ s. d. £ s. d. house — 63,229 17 11 snmers .. .. .. .. 84,070 2 4 2,827 18 5 Salaries and wages .. .. .. 3,448 10 1 116 11 3 Less discounts and rebates .. .. 101 3 0 87 6 2 Supplies .. .. .. .. 125 0 10 83,968 19 4 119 1 5 Transport .. .. .. .. 130 9 10 63,113 6 8 Maintenance and repairs — 662 13 2 Headworks and buildings .. . . 610 4 6 435 13 2 Power-house machinery .. .. 1,047 0 4 39 6 6 Hire of plant .. .. .. 43 10 8 125 8 7 Staff village .. .. .. .. 149 5 8 789 4 4 Rent of lines .. .. .. 790 12 4 981 1 7 Erection of temporary weir .. .. .. 671 2 6 Miscellaneous rents .. .. .. 869 11 8 — 5,510 11 3 1,703 14 8 5,239 2 6 1,499 13 4 1,255 12 8 Power purchased in bulk .. .. .. 2,561 14 6 Testing, oil - drying, and repairs for conOperation and maintenance of main trans- 553 8 9 sumers .. .. .. .. 154 5 11 mission-lines (50,000-volt) — Fees for inspection of lines and testing of 1,166 18 11 Horahora-Waikino .. .. .. 1,222 2 1 17 17 0 instruments, &c. .. .. .. 3 3 0 260 19 5 Horohora-Hamilton .. .. .. 368 7 5 — — 157 8 11 134 15 3 Mystery Creek - Te Awamutu .. .. 116 12 3 : 571 5 9 66 9 6 Wairongomai-Waihou .. .. .. 26 15 3 Horahora-Arapuni .. .. .. 47 5 4 Arapurii-Ngongotaha .. .. .. 31 11 6 Hamilton-Auckland .. .. .. 971 7 6 Katikati-Waikino .. .. .. 70 8 0 — 2,854 9 4 1,629 3 1 Operation and maintenance cf main substations (50,000-volt) — 865 15 J Waikino .. .. .. .. 693 9 0 383 1 5 Hamilton .. .. .. .. 451 10 10 310 16 10 Te Awamutu .. .. .. .. 293 11 6 341 11 4 Waihou .. .. .. .. 312 7 1 Arapuni .. .. .. .. 19 9 11 Ngongotahi .. .. .. .. 38 17 0 Bombay .. .. .. .. 28 0 3 Penrose .. .. .. .. 534 7 4 2,371 12 11 1,901 4 8 Operation and maintenance of distribution 35 17 1 substations (11,000 volt) .. .. 16 19 5 Operation and maintenance of distribution lines (11,000 volt) —- 310 5 2 Horahora-Hamilton-Frankton.. .. 199 1 7 Waikino-Waihi .. .. .. 4 5 7 203 7 2 10,371 5 2 Carried forward .. .. .. 13,518 14 7 65,184 5 9 Carried forward .. .. 85,830 2 11

B.—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY—HORAHORA SCHEME—continued. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925—continued.

Gross Revenue Account —continued. i 924-25. 1925-26. 192-1-25. 1925-26. I <1 | I £ s. <1. £ s. d. £ s. d. £ s. d. £ s. d. £ 9. d. 10,371 5 2 Brought forward .. .. .. .. 13,518 14 7 65,184 5 9 Brought forward .. .. .. .. 85,830 2 11 Genera! supervision and management of tians876 11 0 mission distribution systems .. .. .. 1,598 18 5 Management and general — 1,008 5 9 Salaries, wages, and audit fees .. 2,162 9 1 Accident insurance, sick and holiday 301 16 3 pay .. .. .. 177 5 8 215 13 6 Travelling-expenses and motor-cars .. 274 7 8 181 12 6 Postages, telegrams, and telephones .. 193 16 2 24 2 5 Fire insurance .. .. .. 28 3 3 109 9 11 Printing, stationery, and advertising. . 219 5 6 190 4 8 Office rent, cleaning, and lighting . 228 8 11 115 2 8 Experimental testing and .. ) sr n 9 36 13 11 Miscellaneous expenses .. * 160 6 9 Fire damage, Hamilton office •. 38 6 3 Testing, oil-drying, repairs, &c., for 514 17 3 consumers .. .. .. 142 6 7 Bad debts .. .. .. 3 12 2 Losses on sales of old and surplus stocks .. . . .. .. 939 19 10 4,494 1 3 14,106 i 9 19,611 14 3 51,078 4 0 Balance to Net Revenue Account .. •• ! 66,218 8 8 l j £65,184 5 9 £85,830 2 11 £65,184 5 9 £85.830 2 11 Net Revenue Account. £ s. d. £ s . d. £ s. d. £ s. d. To Interest on purchase-money for plant purchased from Waihi 51,078 4 0 By Balance from Gross Revenue Account .. .. .. 66,218 8 8 20,129 3 3 Gold-mining Company, and on advances from Treasury .. 31 269 6 0 9.756 14 4 Depreciation on completed works (2 per cent.) and on stocks 13,600 16 9 29 885 17 7 44 870 2 9 21,192 6 5 Balance to Profit and Loss Appropriation Account .. 21,348 5 11 £51,078 4 0 ' £66,218 8 8 £51,078 4 0 ' £66,218 8 8

B.—l [Pt. IY].

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Appropriation Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925.

. _ , ■ ■ . . . . . ' - • — II 1924-25. 1925-26. || 1924-25. 1925-26. £ s. d. £ s. d. £ s. d. _ £ s. d. Sinking Fund contributions to date, as required by section 12 3,493 19 3 By Balance from previous year 4,138 13 7 of the State-Supply of Electrical Energy Act, 1917.. .. 11,342 0 0 21.192 6 5 Balance from Net Revenue Account .. .. .. 21,348 5 11 j 20,547 12 1 Reserve Fund .. .. .. .. •• 10,006 5 11 £24,686 5 8 £21,348 5 11 £24,686 5 8 £21,348 5 11 Depreciation Reserve Account. £ s. d. £ s. d. £ s. d. £ s. d. 1,869 10 6 To Amount written off for temporary works .. .. .. 24,831 14 8 By Balance at close of previous year .. .. 31,6S0 16 7 2,031 6 11 Amount written off for plant sold and replaced .. .. 105 0 0 993 5 0 Interest for year .. .. .. .. .. 1,267 5 0 31,680 16 7 Balance to balance-sheet .. . . .. .. 46,443 18 4 9,756 14 4 Amount set aside as per Net Revenue Account .. .. 13,600 16 9 £35,581 14 0 £46,548 18 4 £35,581 14 0 £46,548 IS 4 Sinking Fund Account. £ s. d. £ s. d. £ s. d, £ s. d. 16,983 5 1 To Balance, to balance-sheet .. .. .. .. 28,938 11 3 12,718 0 0 By Balance at close of previous year .. .. .. 16,983 5 1 Amount set aside as per Profit and Loss Appropriation 4,138 13 7 Account .. .. .. .. .. 11,342 0 0 126 11 6 Interest .. .. .. .. .. .. 613 6 2 £16,983 5 1 £28,938 11 3 £16,983 5 1 £28,938 11 3 Reserve Fund Account. £ s. d. £ s. d. £ s. d. £ s. d. 20,547 12 1 To Balance, to balance-sheet .. .. .. .. 30,553 18 0 .. | By Balance at close of previous Year .. .. .. 20,547 12 1 Amount set aside as per Profit and Loss Appropriation 10,006 5 11 20,547 12 1 Account.. £20,547 12 1 £30,553 18 0 £20,547 12 1 £30,553 18 0

B.—l [Pt. IV].

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Balance-sheet at 31st March, 1926.

1924-25. Liabilities. 1925-26. 1924-25. J Issete. 1925-26. ' I jjfegi £ s. d. Electric Supply Account — £ s. d. £ s. d. £ s. d. Works, &c., at Horahora — £ s. d. £ s. d. 488,098 18 9 Balance carried to general balance-sheet .. 674,682 16 2 2,168 5 9 Roads and bridges .. .. .. 2,168 5 9 7,957 2 3 Sundry creditors .. .. .. 4.614 9 9 1,039 15 3 Land and fencing .. .. .. 1,039 15 3 31,680 16 7 Depreciation reserve .. .. .. 46.443 18 4 11,353 17 2 Accommodation for staff and workmen .. 11.461 1 0 16,983 5 1 Sinking Fund .. .. .. .. 28.938 11 3 158,112 15 4 Headworks .. .. .. .. 174.518 18 8 20.547 12 1 Reserve Fund .. .. .. .. 30,553 18 0 72,640 18 0 Generating-station .. .. .. 74,105 13 9 785,233 13 6 39,487 17 6 Transformer building and machinery .. 40.168 4 2 1,430 8 3 Tools and equipment .. .. .. 1,632 10 2 286,233 17 3 305,094 8 9 Transmission-lines (50,000 volt) — 38,460 1 3 Horahora-W aihi .. .. .. 38.460 1 3 22,221 10 5 Horahora-Hamilton .. .. .. 22,332 6 7 7,559 9 9 Mystery Creek - Te Awamutu .. .. 7,803 2 6 1,241 3 8 Te Awamutu-Hangatiki .. .. 11,962 9 9 4,561 6 6 Wairongomai-Waihou .. .. .. 4,561 6 6 138 19 2 Waihou-Hamilton .. .. .. 138 19 2 1,479 3 1 Linemen's cottages .. .. .. 1.479 3 1 Horahora- Arapuni .. .. 4,865 12 4 j Arapuni-STgongotaha .. .. .. 18,931 6 1 Hamilton-Penrose .. .. .. 99,354 7 1 Waikino-Katikati . . .. . . 10,657 15 7 Arapuni-Te Kuiti . . .. . . 148 15 9 75,661 13 10 220,695 5 8 Main substations (50,000-volt) — 20,719 18 6 Waikino .. .. .. .. 20,736 17 0 7,836 15 6 Hamilton .. .. .. .. 7,893 18 11 5,478 14 1 Te Awamutu .. .. .. 5.570 17 2 Attendant's residence, Te Awamutu .. 791 9 2 7,230 16 3 Wainou .. .. 8,448 15 10 Hangatiki .. .. .. .. 480 9 4 Arapuni .. .. .. .. 2,289 10 2 Ngongotahi .. .. .. 3,684 8 1 Bombay .. .. .. .. 2,656 5 6 Penrose .. .. .. .. 27,686 7 8 80,238 18 10 41,266 4 4 Distribut ion-lines (11, 000- volt) — 33,155 11 3 Horahora-Frankton .. .. .. 33,162 10 5 704 11 11 Waihi Grand Junction Company line .. 704 11 11 6,000 0 0 Waikino- Waihi .. .. .. 6,000 0 0 39,867 2 4 39,860 3 2 565,267 14 9 Carried forward .. .. .. .. 785,233 13 6 443,021 18 7 Carried forward .. .. .. 645.895)5 7

B.—l [Pt. IV].

I hereby, certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position with the following exceptions :— (a) In the opinion of the Audit Office the provisions of section 10, State Supply of Electrical Energy Act, 1917, have not been observed, inasmuch as the Depreciation Reserve has been used for the general purposes of the unde'rtaldng instead of being employed for the establishment of a Depreciation Fund. (b) There is no authority of law for the charging against Net Revenue Account of interest in respect of Depreciation Reserve moneys employed for the general purposes of the undertaking. Note.—With regard to the foregoing exceptions the Finance Act, 1926, now contains provision for the moneys of the Depreciation Reserve to be used for the purposes of the scheme instead of being separately invested. (c) The accounts clo not disclose the actual cost of the capital assets as required by the State Supply of Electrical Energy Act, 1917. (d) The Balance-sheet does not disclose the assets representing the full amount of the Sinking Fund.— G. F. C. Campbell, Controller and Auditor-General. • -

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Balance-sheet at 31st March, 1926— continued.

I I. I I 1924-25. Liabilities. 1925-26. i 1924-25. Assets. 1925-26. j || ! £ s. d. £ s. d. £ s. d. £ s. d. ! £ s. d. 565,267 14 9 Brought forward .. .. .. 785,233 13 6 443,021 18 7 Brought forward .. .. .. .. 645,895 15 7 Distribution-lines (11,000-volt) —continued. Bombay-Pukekohe .. .. .. .. 3,076 14 9 7,406 1 11 Distribution substations (11,000-volt) ..I .. j 7,353 8 5 Hamilton Area — 3,975 11 9 Land at Ruakura .. .. .. 3,976 3 9 Stores buildings and fittings and railway - 7,365 7 2 siding, Ruakura .. .. .. 7,648151 3,511 19 9 Staff residences, Ruakura .. .. 4,270 5 11 3,256 13 11 Loose tools and equipment .. .. 3,217 5 7 4,035 6 10 Motor lorries, ears, and cycles .. .. 4,434 15 0 648 2 2 Office furniture, Hamilton .. .. 739 17 1 218 19 9 Office accommodation .. .. .. 227 9 6 Engineering, office, and general expenses on 7,266 6 2 | surveys and on construction .. .. 7.524 17 2 Salaries of officers on surveys and on con12,400 8 2 struction .. .. .. .. 14.036 18 2 29,865 16 11 Interest during construction .. .. 32.013 11 5 78 089 18 8 72,544 12 7 522,972 13 1 — Arapuni Area — Electric lines and distribution .. .. .. 675 10 9 735,091 8 2 15,964 12 2 General stocks of material on hand .. .. 10 697 17 0 — Debtors — 14,077 1 11 For electricity and sales of material .. 21,838 8 7 18 5 11 For payments in advance .. .. 9 8 6 H ■ wMM 21,847 17 1 14,095 7 10 12,,000 0 0 Sinking Fund Investment . . .. .. 17,390 0 0 126 11 6 Interest accrued on Sinking Fund .. .. 205 6 2 108 10 2 In hands of Treasurv .. .. .. 15 1 — — - 17,596 11 3 12,235 1 8 £565,267 14 9 ! '£785,233 13 6 £565,267 14 9 1 £785,233 13 6 = ' I ==================== j ■ =====

B.—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1926.

7—B. 1 Pt. IY].

Gross Revenue Account. a To Generating-expenses, headworks, and power-house — £ s. d. £ s. d. By Sale of energy — £ s. d. £ s d Salaries, wages, and allowances .. .. .. .. 3,535 19 2 Wholesale .. .. .. ... ..74 783 18 2 Maintenance headworks, dams, and pipe-lines .. .. 190 1 2 Retail (staff cottages and construction works) .. !! l'137 8 1 Maintenance power-house building and machinery .. .. 909 0 1 __L 75 921 6 3 Maintenance staff —Village and roads, transport and general.. 1,136 8 7 Rents ' 5,771 9 0 Cottages .. .. .. .. .. ,, gjs 17 10 Transmission-lines, patrol maintenance, &c. — Poles .. .. .. .. .. 699 Mangaore-Khandallah .. .. .. .. .. 2,142 5 9 '' "' '' 925 7 7 Mangaore—Bunnythorpe .. .. .. .. .. 1,025 14 1 Tests and inspections .. .. .. .. ., 9180 Bunnythorpe-Dannevirke .. .. .. 1,204 4 1 Woodville-Masterton .. .. .. .. .. 1,580 11 9 Dannevirke-Waipukurau .. .. .. .. 333 4 3 Miscellaneous 11,000- volt lines .. .. .. .. 58 16 7 6,344 16 6 Substations —Operating, maintenance, &c. — Khandallah .. .. .. .. .. .. 2,001 6 0 Otaki .. .. . . .. .. .. .. 28 0 2 Bunnythorpe .. . . .. .. .. .. 672 3 1 Dannevirke .. . . .. .. . . . . 431 7 3 Waipukurau .. .. .. .. .. .. 492 1 4 Woodville . . .. .. .. .. .. 424 1 9 Mangamaire .. .. .. .. .. .. 355 2 9 Masterton .. .. .. .. .. .. 463 16 8 4,867 19 0 Management and general expenses — Management and office salaries, &c. .. .. ..2,39710 Distribution salaries and expenses and transport .. 1,654 8 8 Postages, telephones, &c. .. .. .. .. 195 12 6 Printing, stationery, and advertising .. .. .. 107 8 9 Motor-cars and general travelling-expenses .. .. 279 8 11 Accident, sick, and holiday pay .. .. .. .. 205 13 11 Miscellaneous expenses .. .. .. .. .. 41 8 4 4,881 2 1 21,865 6 7 Balance to Net Revenue Account .. .. .. .. .. 54,991 5 3 £76,856 11 10 £76,856 11 10 Net Revenue Account. , I " ~~ : ! , £ s - d - £ s. d. To Depreciation at 2 per cent, per annum on complete works at 31st March, 1926.. 30,056 0 0 j By Balance from Gross Revenue Account .. .. .. .. .. 54,991 5 3 Interest for year ended 31st March, 1926 .. .. •• •• 92,225 18 0 * Loss for year carried to Balance-sheet .. .. .. .. .. 12 9 £122,281 18 0 . £122,281 18 0

8.-l [PT. IV],

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for the Year ended 31st March, 1926—continued.

Depreciation Reserve Account. £ s. d. £ s. d. To Balance to balance-sheet .. .. .. .. .. 30,056 0 0 By Amount set aside as per Net Revenue Account .. .. .. .. 30,056 0 0 . . ' ~ " Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. 1 Headworks — Assets. £ s. d. £ s. d. Depreciation Reserve .. .. .. .. .. .. .. 30,056 0 0 Land, headworks, &c. .. .. .. .. .. 9,961 15 2 Sundry creditors .. .. .. • • .. .. .. 15,208 1 1 t Roads, tram-lines, &c. .. .. .. .. .. 69,077 1 9 Charges paid in advance by consumers and others .. .. .. .. 82 2 3 Local electric line .. .. .. .. .. 10,344 14 2 Balance carried to General Balance-sheet — £ s. d. Dams 1, 2, and 3 .. .. .. .. .. 277,509 19 1 Total assets as per contra .. .. .. .. 2,179,198 16 11 Tunnels 1 and 2 .. .. .. .. .. 149,071 11 7 Less total liabilities as above .. .. .. 45,346 3 4 Pipe-line, &c. .. .. .. .. .. .. 108,339 5 11 2,133,852 13 7 Surge-chamber .. .. .. .. .. .. 14,611 16 7 638,916 4 3 Power-house — Buildings, &c. .. .. .. .. .. .. 64,510 16 2 Machinery, &c. .. .. .. .. .. .. 207,213 19 0 Tail-race .. .. .. .. .. .. 5,591 6 5 Village water-supply .. .. .. .. .. 2,441 5 6 279,757 7 1 Accommodation for staff —Buildings, fences, &c. .. .. .. 15,913 6 1 Transmission-lines (110,000-volt) — Lands, lines, and substations .. .. .. .. 8,159 4 1 Shannon-Khandallah . . .. .. .. 145, 466 2 3 Shannon-Wanganui .. .. .. .. .. 95,054 19 0 Bunnythorpe-Dannevirke .. .. .. .. 45,772 16 7 Woodville-Masterton .. .. .. .. .. 67,819 15 7 Dannevirke-Napier .. .. .. .. .. 72,315 11 2 — 434,588 8 8 Transmission-lines (11,000- volt) — Mangaore-Shannon .. .. .. .. .. 3,004 5 2 Khandallah-Petone .. .. .. .. .. 8,81) 18 2 — 11,816 3 4 Substations — Khandallah .. .. .. .. .. .. 71,303 17 3 Otaki .. .. .. .. .. .. .. 1,661 14 11 Bunnythorpe .. .. .. .. .. .. 26,327 14 9 Wanganui .. .. .. .. .. .. 16,922 18 5 Dannevirke .. .. .. .. .. .. 9,991 2 9 Waipukurau .. .. .. .. .. .. 18,075 14 8 Napier.. .. .. .. .. .. .. 15,006 6 6 Woodville .. .. .. .. .. .. 7,567 16 2 Mangamaire .. .. .. .. .. .. 14,055 13 5 Masterton .. .. .. .. .. .. 12,157 12 11 193,070 11 9 Carried forward .. .. .. 2,179,198 16 11 Carried forward .. . .. 1,574,062 1 2

b.—i r?T. ivi.

I hereby certify that the Profit and Loss Account and Balance-sheet of the above-named electric-power scheme have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that a discrepancy of £15,927 7s. between the stock-sheets and stock accounts which was carried over since 1923 has been met by charging the amount against the works over the period Ist April, 1922, to 31st March, 1925. This difference does not reflect on the present system of accounting, which is satisfactory.— Gr. F. C. Campbell, Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SCHEME— continued. Balance-sheet as at 31st March, 1926— continued.

Liabilities. £ s. d. Assets. £ s. d. £ s. d. Brought forward .. .. .. 2,179,198 16 11 Brought forward .. .. .. .. 1,574,062 1 2 Motor-oars, lorries, &c. .. .. •• •• •• •• 3,982 13 10 Office furniture .. .. • ■ • ■ • • • • • • 810 19 6 Service buildings .. .. .. •• .. •• 13,366 10 10 Salaries and expenses, &c., of engineers and others on preliminary surveys and during construction .. .. .. .. .. 100,611 7 4 Construction, tools, plant, and equipment, &c. .. .. .. 75,668 0 0 Housing workmen, &c. .. .. •• .. 57,392 11 2 Interest during construction .. .. .. •• 196,420 13 2 2,022,314 17 0 Stocks on hand, 31st March, 1926 (including 10 per cent, to cover administration, &c.) .. .. .. .. .. 53,973 15 1 Stocks issued but not used — Lines and substations .. .. .. .. .. 6,438 2 8 Towers .. .. .. . • ■. -. 499 2 9 60,911 0 6 Sundry debtors for current, rents, &c. .. .. .. .. 28,602 18 5 Telephone subscriptions, &e., paid in advance .. .. .. .. 79 8 3 Net loss .. .. .. .. •• •• .. .. 67,290 12 9 £2,179,198 16 11 £2,179,198 16 11

B.—l [PT. IV].

GENERAL PURPOSES RELIEF ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. To Losses written off— £ s. d. £ s. d. By Interest on advances— £ s. d. £ s. d. Waimarino bush-fire relief— Fire relief (including accrued) 1,290 12 tj Principal .. .. 434 3 4 Mood relief .. .. 589 16 7 Interest .. .. 113 8 4 In aid of works of production— 547 11 8 Orchardists .. .. 162 11 11 In aid of works of production— Ferngrove Sawmilling ComOrchardists — pany .. .. 17 2 Principal .. .. 159 18 0 Murchison Lime Company Interest .. .. 21 0 4 (Limited) .. .. 17 3 8 180 18 4 Nelson Farmers' Union Lime Interest on loans .. .. .. 2,938 14 10 Company (Limited) .. 191 19 5 Cider-manufacturing .. 214 5 6 — 2,467 16 9 Interest on investments .. .. 675 0 0 Balance carried down .. .. 524 8 1 £3,667 4 10 £3,667 4 10 £ s. d. To Balance at 31st March, 1925 .. .. 3,341 17 1 £ s. d. Balance brought down .. .. 524 8 1 By Recovery of bad debts previously written off .. 12 0 4 Adjustment of charge for administration .. 600 0 0 Transfer of capital losses charged to revenue .. 3,148 19 10 Balance .. .. .. .. .. 105 5 0 £3,866 5 2 £3,866 5 2 Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. Capital— £ s. d. Advances under Appropriation Act, Loan under Appropriation Act, 1918, section 33 1918, section 33, and Finance (Waimarino Bush Fire Relief) .. 75,000 0 0 Act, 1922, section 20 (3) — Less written off— £ s. d. Fire relief .. .. .. 29,182 18 10 Appropriation Act, 1924 .. 1,065 0 0 Flood relief .. .. .. 11,979 11 7 Appropriation Act, 1925 .. 532 2 0 In aid of works of production— Provisionally written off .. 1,551 17 10 Orchardists .. .. 3,014 10 7 3,148 19 10 Ferngrove Sawmilling Company 226 16 5 — Murchison Lime Company (Li--71,851 0 2 mited) .. .. .. 499 19 9 Interest accrued on debentures .. .. 246 11 5 Nelson Farmers' Union Lime Reserve .. .. .. .. 660 511 Company (Limited) .. 3,500 0 0 Bad Debts Reserve .. .. .. 2,000 0 0 Cider-manufacturing .. 4,332 13 6 Payment in advance—fire relief .. .. 10 0 Liability to Consolidated Fund for interest .. 2,938 14 10 52,736 10 8 Sundry creditors .. .. .. 114 0 Less provisionally written off .. 1,551 17 10 Suspense Account .. .. .. 60 7 2 51,184 12 10 Sundry debtors for interest— Fire relief (including accrued) .. 2,416 16 5 Flood relief .. .. .. 260 1 9 In aid of works of production .. 361 9 6 3,038 7 8 Less provisionally written off .. 311 7 7 2,727 0 1 Interest accrued on advances — Fire relief .. .. .. 251 2 3 Flood relief .. .. .. 116 6 7 In aid of works of production .. 200 3 1 567 11 11 Interest accrued on investments .. .. 145 9 7 Cash in Public Debt Redemption Fund .. 660 5 11 Cash in State Advances Office .. .. 1,055 12 3 Cash in Public Account .. .. 6,313 15 11 Investment Account .. .. 15,000 0 0 21,313 15 11 Income and Expenditure Account .. .. 105 5 0 £77,759 13 6 £77,759 13 6 yp I ———— 17th December, 1926. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. Mortgage advances under the Appropriation Act, 1918, have been taken from audited copies of journal entries of the Otago District Land Office and from departmental figures pending completion of the local audit of the Wellington District Land Office. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IY].

GOVERNMENT STORES MARINE INSURANCE FUND. (Established under Section 21 of the Finance Act, 1924.) Revenue Account from the Ist July, 1925, to the 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Premiums .. .. .. 1,487 0 1 By Claims due but not paid 31st March — Public Trust Office —Interest at Common Fund S.S. " Kent " (on fire at Auckland, 3rd Seprate on balance at credit .. .. .. 7 18 7 tember, 1925).. .. .. .. 3,949 9 4 Premiums due but not paid .. .. 0 14 S.S. "Surrey" (collision, London, 25th NoExcess of claims over income .. .. 2,528 13 6 vember, 1925).. .. .. .. 63 17 6 Waiouru railway fire (25th February, 1926) 10 6 8 £4,023 13 6 £4,023 13 6 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Claims due but not paid .. .. .. 4,023 13 6 Amount invested in the Common Fund of the Public Trust Office (earning interest at 4f percent.) .. 1,494 18 8 Sundry debtors .. .. .. .. 0 14 Excess of claims over income .. .. .. 2,528 13 6 £4,023 13 6 £4,023 13 6 Note. —Premiums are paid in arrear, and amount due for period Ist January, to 31st March, 1926, has not been included. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note; and further Audit requirements have been communicated to the Department.— G. F. C. Campbell, Controller and Auditor-General.

B.—l [Pt. IV].

HAURAKI PLAINS SETTLEMENT ACCOUNT. Receipts and Payments Account for Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. Cash in Public Account, Ist April, 1925.. 5,906 15 1 Drainage - works, stop - banks, cleaning Debentures issued under Hauraki Plains channels, and other expenditure incidenAmendment Act, 1913 .. .. 70,000 0 0 tal to conducting drainage operations Sales of land .. .. .. 665 5 2 (including metalling and formation of Rents .. .. .. .. 10,114 13 8 roads), material, supplies, &c. .. 40,548 18 11 Interest on sales of land .. .. 152 16 0 Live-stock .. .. .. .. 63 2 0 Artesian well boring— £ s. d. Buildings .. .. .. .. 36 11 Repayment of advances 121 12 8 Machinery and plant .. . . .. 2,823 7 8 Interest .. .. 89 1 5 Loose tools .. . . .. . . 122 4 0 210 14 1 Material and stores .. .. .. 5,552 9 4 Rates .. .. .. .. 10,959 4 4 Fuel .. .. .. .. 5,482 1 6 Law costs . . .. .. . . 48 0 6 Compensation for land acquired in con-Tram-freights .. .. .. 604 14 9 nection with drainage-works.. .. 395 0 0 Miscellaneous .. .. .. 218 1 0 Maintenance of completed works .. 7,808 16 3 Management and engineering expenses .. 2,389 0 5 Refund of rates .. .. .. 150 5 4 Recoupment of rates to Consolidated Fund 2 10 5 Cash in Public Account, 31st March, 1926 33,505 17 0 £98,880 4 7 £98,880 4 7 Revenue Account for Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. Interest on loans under Local Bodies' Rents .. .. .. .. 10,969 711 Loans Act, 1908 .. .. .. 2,313 5 5 Rates .. .. .. .. 8,122 2 0 Interest on debentures issued under Hau- Miscellaneous .. .. .. 609 14 0 raki Plains Amendment Act, 1915 .. 26,584 9 2 Interest on sales, &c. .. .. .. 347 17 6 Interest on expenditure from Public Works Net loss carried down .. .. 17,764 11 10 Fund .. .. .. .. 228 3 0 Maintenance on completed works .. 7,434 3 8 Rebate of rent .. .. .. 594 12 11 Remissions of rent .. .. .. 219113 Irrecoverable rates, &c. .. .. 374 19 1 Writing off Suspense .. .. .. 64 8 9 £37,813 13 3 £37,813 13 3 £ s. d. £ s. d. Net loss brought down .. .. 17,764 11 10 Balance .. .. .. .. 35,689 9 3 Balance from previous year .. .. 17,924 17 5 £35,689 9 3 £35,689 9 3

B.—l [PT. IY].

HAURAKI PLAINS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st Makch, 1926. Liabilities. Assets. Capital Account—■ £ s. d. Improved land— £ s. d. Debentures issued — Handed over to Land Board for settleLocal Bodies' Loans Act, 1908 .. 31,000 0 0 ment .. .. .. .. 329,021 10 11 State-guaranteed Advances Act, 1909 95,000 0 0 £ s. d. Hauraki Plains Amendment Act, Less sales .. 75,960 12 5 1913 .. .. .. 574,000 0 0 Reductions by ReExpenditure from Public Works Fund 5,070 0 0 valuation Board .. 43,870 0 0 Value of Crown Lands set apart under —■ 119,830 12 5 the Act .. .. .. 45,000 0 0 Appreciation in value of lands transferred 209,190 18 6 to control of Land Board .. .. 24,721 511 Unimproved landsInterest on debentures accrued but not due 5,602 6 1 Not yet disposed of .. .. 44,373 15 9 Consolidated Fund— Improvements on adjoining Crown lands 7,710 0 0 Interest on debentures Permanent reserves .. .. .. 8,851 0 0 under Local Bodies' £ s. d. Works in progress — Loans Act, 1908 .. 29,145 010 Expenditure on land in process of reInterest on debentures clamation, including formation and under Hauraki Plains metalling of roads .. .. 371,628 8 8 Amendment Act, 1913 48,193 11 3 Artesian wells— Interest on expenditure Crown tenants, Hau- £ s. d. out of Land Improve- raki Plains .. 1,642 5 4 ment Vote (Public Permanent reserves and Works Fund) .. 2,281 10 0 Crown land .. 216 10 9 Rates unpaid, 1917-21 121 2 7 1,858 16 1 __ _ 79,741 4 8 Buildings .. .. .. 7,260 7 6 Reserve .. .. .. .. 5,850 17 4 Wharves .. .. .. 5,600 0 0 Sundry creditors .. .. .. 7,435 2 8 Machinery and plant .. .. 66,638 18 11 Rates, &c., paid in advance .. .. 515 5 Live-stock .. .. .. 324 1 0 Writings off Suspense .. .. 67 10 10 Loose tools .. .. .. 512 2 0 Rents charged in advance .. .. 2,715 0 0 Stores and fuel .. .. 6,428 5 8 Suspense Account .. .. .. 28 10 0 Sundry debtors for— £ s. d. Rents .. .. 4,411 6 3 Sales of land .. 2,496 19 1 Interest on sales .. 61 18 2 Interest on well boring 145 7 5 Rates .. .. 6,270 2 2 Tram freights .. 355 2 7 Miscellaneous .. 1,316 9 4 15,057 5 0 Postponed rent .. .. 306 6 6 Writings off in Suspense .. 67 10 10 Revaluation Board determinations — Reductions in value of £ s. d. land .. .. 43,870 0 0 Rents written off .. 5,895 17 7 Remissions of rent .. 5,564 15 4 — 55,330 12 11 Interest accrued but not due on sales of land .. .. .. .. 53 0 0 Cash in Public Debt Redemption Fund.. 5,850 17 4 Revenue Account, balance .. .. 35,689 9 3 Cash in Public Account .. .. 33,505 17 0 £876,237 12 11 £876,237 12 11 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : —• (a) In the opinion of the Audit Office interest charged on works in progress should be capitalized, (ib) A Bad Debts Reserve should be created. (c) Suggestions in reference to the treatment of expenditure on lands already handed over for settlement have been made to the Department.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IY|.

DEPARTMENT OF HEALTH.

General Revenue Account for the Year ended 31st March, 1926. Dr. Or. To Stores (general) on hand at Ist April, 1925 — £ s. d. £ s. d. By Income and Expenditure Accounts : Miscellaneous .. . . .. 912 11 8 Net profit— £ s. d. Adjustment for 1924-25 .. .. 1,875 17 1 Sera .. .. .. 762 5 1 2,788 8 9 Contributions by local bodies Income and Expenditure Accounts : towards Health inspection Net cost— services .. .. 15,147 19 9 Bacteriological Laboratory service .. .. 10,731 14 9 Registration and other fees — Departmental institutions — £ s. d. St. Helens Maternity Hospitals— £ s. d. Private hospital license 225 15 10 Auckland .. .. .. 8,483 17 2 District nursing .. 70 12 6 Gisborne .. .. .. 2,610 6 10 Medical practitioners Wanganui .. .. .. 2,203 6 7 registration .. 522 13 6 Wellington .. .. .. 6,348 5 10 Masseurs registration Christchurch .. .. .. 4,024 11 4 and examination .. 23 6 6 Dunedin .. .. .. 3,025 13 3 Nurses and midwives Invercargill . . .. .. 2,162 4 5 registration and exKing George V Orthopaedic and Gene- amination .. 782 15 0 ral Hospital, Rotorua .. .. 22,352 3 2 Plumbers registration Queen Mary Hospital, Hanmer .. 13,771 1 9 and examination .. 440 3 6 Otaki Hospital .. .. .. 1,676 610 2,065 610 Infectious Diseases Hospital, Rotorua 2,015 8 2 Stores (general) on hand at 31st Pukeora Sanatorium for Consump- March, 1926 .. .. 1,053 8 8 tives, Waipukurau .. .. 7,652 610 Balance carried down (being Otaki Sanatorium for Consumptives.. 2,434 7 2 excess of expenditure over Leper Hospital, Quail Island .. 5,250 12 5 income) .. .. 755,127 6 4 Kahukura Cottage Emergency Hospital .. .. .. .. 814 12 11 Rotorua Cottage Hospital (closed) .. 791 8 6 Trentham Hospital (closed) .. 108 8 7 85,725 1 9 Subsidies to Hospital Boards and separate institutions — On levies by local bodies for mainten- £ s. d. ance purposes .. .. .. 432,860 10 0 Voluntary contributions .. .. 23,633 3 6 Bequests .. .. . . .. 26,445 11 9 482,939 5 3 Grants in aid of medical and social relief — Royal N.Z. Society for the Health of £ s. d. Women and Children, and Women's National Reserve .. .. 33,752 9 5 University of Otago (dental bursaries, and assistance towards expenses of analytical and pathological laboratories .. .. .. .. 2,325 9 6 Other grants in aid of medical and social relief .. .. .. .. 7,739 13 11 43,817 12 10 School hygiene .. .. .. .. 22,610159 Dental hygiene .. .. .. .. 20,115 3 3 Maori hygiene .. .. .. .. 13,360 7 2 Child welfare .. .. .. .. 1,225 10 2 Maternal welfare —Ante-natal clinics .. .. 1,734 3 3 Health Act expenses— Board of Health expenses .. .. 73 811 Infectious diseases (expenses of preventive measures and in connection with outbreaks) .. .. .. 1,856 2 9 Fees for notification of infectious disease 794 1 0 Inspection of vessels (medical fees and launch-hire) .. .. .. 1,065 17 5 Quarantine expenses (maintenance of stations) .. .. . . 509 17 11 Other Health Act expenses .. .. 2,822 9 4 — 7,121 17 4 Social Hygiene Act (maintenance of V.D. clinics, payments for treatments, &c.) .. .. .. .. 306 6 2 Sale of Food and Drugs Act .. . . .. .. 729 1 3 Medical Practitioner Act (expenses of Medical Board, &c.) 490 6 2 Masseurs Registration Act (examination expenses) .. 94 4 6 Nurses and Midwives Registration Act (examination expenses) .. .. .. .. .. 802 16 3 Plumbers Registration Act (examination expenses) .. 778 12 4 Hospital treatment of immigrants .. .. .. 695 8 0 Expenses of committee re, mental defectives and sexual offenders .. .. .. .. .. 45 12 2 Travelling-expenses of Dr. MacEachern (U.S.A.) inspecting New Zealand hospitals .. .. .. .. 55 9 1 Travelling-expenses of Hospitals Association executive .. 73 4 10 General administration — £ s. d. Salaries and temporary assistance .. 53,828 18 2 Travelling-expenses.. .. .. 8,238 0 1 Office expenses (rent, telephones, postages and telegrams, printing, and stationery, Sc.) .. .. .. 10,428 11 1 Bad debts (other than institutional) .. 6 15 1 Expenses sending nurses abroad for training .. .. .. 380 19 6 Other expenses .. .. .. 329 13 1 73,212 17 0 Depreciation on buildings and equipment, &c. (other than institutional) .. .. .. .. .. 4,702 8 8 £774,156 6 8 £774,156 6 8 £ s. d. £ s. d. To Balance brought down .. .. .. .. 755,127 6 4 By Balance after charging interest .. 759,010 19 5 Interest on capital (other than institutional) at 4J per cent. per annum .. .. .. .. .. 3,883 13 1 £759,010 19 5 £759,010 19 5

B.—l [PT. IYI.

DEPARTMENT OE HEALTH—continued. SERA. Trading and Profit and Loss Accounts foe the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stock, Ist April, 1925 .. .. .. 1,310 13 9 By Sales .. .. .. .. .. 5,685 2 9 Purchases .. .. .. .. 4,426 8 5 Expired stock chargeable against infectious disGross profit carried down .. .. .. 1,136 12 7 eases .. .. .. .. .. 58 1 0 Stock, 31st March, 1926 .. .. .. 1,130 11 0 £6,873 14 9 £6,873 14 9 £ s. d. £ s. d. To Salaries .. .. .. .. .. 310 0 0 By Gross profit carried down .. .. .. 1,136 12 7 Printing and stationery .. .. .. 20 0 0 Rent .. .. .. .. .. 21 0 0 Telephone subscriptions .. .. .. 23 7 6 Net profit .. .. .. .. 762 5 1 £1,136 12 7 £1,136 12 7 BACTERIOLOGICAL LABORATORIES. Working and Profit and Loss Accounts for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stock, Ist April, 1925 .. .. .. 1,730 13 8 By Sales .. .. .. .. .. 1,578 1 8 Purchases and expenses, &c. .. .. 3,553 9 1 Stock, 31st March, 1926 .. .. .. 468 3 7 Gross cost carried down .. .. .. 3,237 17 6 £5,284 2 9 £5,284 2 9 £ s. d. £ s. d. To Gross cost carried down .. .. .. 3,237 17 6 By Net cost .. .. .. .. .. 10,731 14 9 Salaries and wages.. .. .. 6,653 0 9 Rent .. .. .. .. .. 525 14 4 Office expenses .. .. .. .. 306 0 0 Bad debts .. .. .. .. 9 2 2 £10,731 14 9 £10,731 14 9

B—B.l [PT. IY;

B.—l [PT. IV].

DEPARTMENT OF HEALTH— continued. BACTERIOLOGICAL LABORATORIES. Working Profit and Loss Accounts for the Year ended 31st March, 1926.

Wellington ' | j I Seacliff Auckland. 1 Laboratory Vacci- Dunedin. I Palmerston North. Napier. 1 Hamilton. Whangarei. i Gisborne. i Invercargill. Vaccination 1 Total. nation Station. ■ j ■ j Station. ! . - jOr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. 1,564 4 2 .. 166 9 6 .. .. .. .. .. .. .. 1,730 13 8 Purchases and expenses, &c... 595 10 3 1,987 10 6 603 14 10 150 0 0 4 9 5 187 14 6 .. .. 17 7 1 7 2 6 3,553 9 1 Salaries and wages .. .. 2,832 4 3 520 4 4 1,781 17 1 .. 445 16 8 .. 382 7 7 368 3 5 322 7 5 .. 6,653 0 9 Rent .. . . 525 14 4 .. .. .. . . .. .. . . .. .. 525 14 4 Office expenses .. .. 267 13 9 27 6 4 7 9 7 .. 1 0 0 0 10 4 1 0 0! .. 1 0 0 .. 306 0 0 Bad debts .. .. 922 .. .. i .. .. .. .. ! .. .. j .. 922 Total debts .. .. 5,794 8 11 2,535 1 2 2,559 11 0 150 0 0 451 6 1 188 4 10 383 7 7 | 368 3 5 340 14 6 7 2 6 12,778 0 0 Cr. By Sales .. .. .. 1,382 5 3 101 3 2 94 13 3 .. .. .. .. .. .. .. 1,578 1 8 Stock 31st March, 1926 414 12 2 5 4 5 48 7 0 . . .. ; . . . . .. .. 468 3 7 Total credits .. .. 1,796 17 5 106 7 7 143 0 3 .. .. .. .. .. ! 2,046 5 3 Balance (net cost) .. 3,997 11 6 2,428 13 7 2,416 10 9 150 0 0 451 6 1 188 4 10 383 7 7 368 3 5 340 14 6 7 2 6 10,731 14 9 . . . L — i 5,794 8 11 2,535 1 2 2,559 11 0 150 0 0 451 6 1 188 4 10 383 7 7 368 3 5 340 14 6 7 2 6 12,778 0 0 I

B.—l [PT. IVJ.

DEPARTMENT OF HEALTH—continued. Institutional Income and Expenditure Accounts for the Year ended 31st March, 1926. St. Helens Maternity Hospitals.

Auckland. Christchurch. Dunedin. Gisborne. Invercargill. Wanganui. Wellington. Totals. . : ; • 1 i i Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Provisions .. .. .. .. .. 1,478 3 5 855 14 10 459 14 9 473 15 0 419 17 4 413 13 9 1,130 2 1 5,231 1 2 Surgery and dispensary .. .. .. 473 11 11 132 11 6 62 3 4 111 5 11 7 8 6 63 11 6 323 14 9 1,174 7 5 Salaries and wages .. .. .. .. 2,768 3 11 1,658 10 1 1,661 4 1 1,320 17 5 1,244 111 1,142 13 10 2,489 14 0 12,285 5 3 Domestic and establishment .. .. .. 2,563 3 6 1,652 12 5 682 15 7 736 5 5 363 12 0 554 10 6 2,389 10 8 8,942 10 1 Grounds' .. . . . . . . 1 8 6 65 11 9 .. .. .. ■ ■ • • 67 0 3 Miscellaneous maintenance . . . . .. 16 13 11 4 17 9 2 19 3 5 12 0 4 16 3 21 0 10 8 14 10 64 14 10 Miscellaneous expenditure . . .. 48 11 9 37 14 1 32 10 0 2 10 0 11 12 6 .. 1 4 8 134 3 0 Depreciation — Buildings .. .. .. .. .. 769 12 8 126 0 8 I 122 10 4 101 19 10 : 171 18 9 72 18 11 269 16 9 1,634 17 11 Equipment .. .. .. .. 209 7 10 67 6 9 84 19 2 63 16 5 66 10 9 86 1 9 141 13 1 719 15 9 Other improvements .. .. .. I .. .. .. .. .. 1 16 0 2 10 0 460 Administration .. .. .. .. 333 3 5 200 8 0 123 17 10 94 4 8 111 15 5 112 5 0 260 14 3 1,236 8 7 Bad-debts written off . . .. .. 37 2 5 101 8 1 47 4 6 27 5 7 4 10 6 22 15 0 61 2 6 301 8 7 Maintenance, outdoor services .. .. .. 78 15 0 68 2 1 46 6 8 2 15 1 8 7 8 29 16 9 33 6 10 267 10 1 ■ ! 8,777 18 3 4,970 18 0 3,326 5 6 2,940 7 4 2,414 11 7 2,521 3 10 7,112 4 5 32,063 8 11 : . To Balance down .. .. .. .. 6,336 15 6 3,720 16 0 2,687 17 0 2,363 15 11 1,811 5 9 1,980 9 0 5,486 18 3 24,387 17 5 Interest on capital .. .. .. .. 2,147 1 8 303 15 4 337 16 3 246 10 11 350 18 8 222 17 7 861 7 7 4,470 8 0 8,483 17 2 4,024 11 4 3,025 13 3 2,610 6 10 2,162 4 5 2,203 6 7 6,348 5 10 28,858 5 5 Income. By Fees receivable— . In-patients .. .. .. .. 2,153 7 11 1,027 12 6 ! 547 12 6 470 4 10 576 19 0 482 10 0 1,489 7 6 6,747 14 3 Out-patients . . .. . . . . 246 12 0 204 2 6 72 12 0 6 0 0 13 0 0 20 0 0 90 0 0 652 6 6 Babies .. .. .. .. . . 10 10 7 .. 10 7 6 42 5 6 2 11 0 0 10 0 17 6 0 83 10 7 Pupil-nurses - .. .. .. .. 27 10 0 16 10 0 7 0 0 6 0 0 7 0 0 9 0 0 22 0 0 95 0 0 Miscellaneous income .. .. .. 3 2 3 1 17 0 0 11 0 2 11 1 .. i 2 14 0 0 5 6 11 0 10 Grounds .. .. .. .. . . .. .. 0 5 6 49 10 0 3 15 10 26 0 10 6 7 2 85 19 4 Excess of expenditure over income before charging 6,336 15 6 3,720 16 0 2,687 17 0 2,363 15 11 1,811 5 9 1,980 9 0 5,486 18 3 24,387 17 5 interest " * —- — *— — 8,777 18 3 4,970 18 0 3,326 5 6 2,940 7 4 2,414 11 7 j 2,521 3 10 7,112 4 5 32,063 8 11 Excess of expenditure over income .. .. 8,483 17 2 4,024 11 4 3,025 13 3 2,610 6 10 2,162 4 5 2,203 6 7 6,348 5 10 28,858 5 5

B.—l [PT. IV].

DEPARTMENT OF HEALTH— continued. Institutional Income and Expenditure Accounts for the Year ended 31st March, 1926. Institutions other than St. Helens Maternity Hospitals.

! I Trontham Kotorua j Ki a v , Isolation Pnt-p,™ Queen Mary ot ti ot k , , Quail Island j Kahukura ' WnSf Cottage Hospital, Neurological s "Srinm Hospital Le P er ! Cotta 8 e Totals - Hospital. Hospital. Hospital. Rotorua. Sanatorium. Hospital. sanatorium. Hospital. Hospital. Hospital. Expenditure. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Provisions .. .. .. .. j .. 4,410 8 2 308 9 9 6,746 1 2 4,776 17 3 1,550 10 3 858 16 4 265 15 1 31 14 2 18,948 12 2 Surgery and dispensary .. .. .. I .. 2,934 6 0 57 2 1 385 19 4 249 1 5 157 14 4 65 11 9 95 15 0 30 1 11 3,975 11 10 Salaries and wages .. .. .. .. 17,403 18 3 857 15 2 13,200 15 8 14,548 3 3 3,780 19 10 1,267 6 2 407 13 2 517 16 6 51,984 8 0 Domestic and establishment .. .. .. 7,218 1 7 585 10 6 4,312 5 2 2,671 11 7 1,025 5 7 248 14 8 221 11 3 32 17 3 16,315 17 7 Miscellaneous maintenance .. .. .. 241 3 4 3 3 0 269 18 4 416 0 10 120 0 6 2 4 0 157 10 5 43 7 8 1,253 8 1 Grounds account .. .. .. .. .. .. 172 10 10 315 1 9 .. ' 281 18 4 261 8 2 0 18 3 14 14 2 1,046 11 6 Depreciation — Buildings .. .. .. .. .. 915 5 10 148 8 7 1,102 17 7 1,061 4 8 193 11 6 ; .. 62 6 11 71 12 3 3,555 7 4 Equipment .. .. .. 1,231 18 7 42 18 7 979 11 11 1,133 4 6 131 5 8 .. 60 16 2 24 7 0 3,604 2 5 Other improvements . . . . .. .. 27 9 3 .. 58 8 4 549 10 9 4 5 5 .. .. .. 639 13 9 Miscellaneous expenditure .. .. .. .. .. 0 0 6 93 13 8 443 3 11 16 17 7 22 16 3 3,480 14 5 .. 4,057 6 4 Bad debts written off .. .. 108 8 7 791 18 0 1 854 5 10 26 14 6 186 18 0 333 11 9 .. 27 13 0 .. .. 2,329 9 8 Allowances .. . . . . .. .. 14 8 0 47 5 0 .. 87 6 0 . . . . .. .. 148 19 0 Administration .. .. .. .. .. | 2,063 1 3 56 5 11 1,482 18 1 906 5 6 624 8 5 103 15 2 31 8 10 34 7 1 5,302 10 3 Loss by fire, building .. .. .. . . .. .. .. .. .. .. 100 0 0 . . 100 0 0 Articles issued to lepers .. .. .. .. .. .. .. .. .. .. 218 11 7 .. 218 11 7 108 8 7 791 18 0 37,314 6 1 2,306 4 5 29,134 9 0 27,176 1 5 7,886 17 5 2,858 5 6 j 5,103 1 1 800 18 0 113,480 9 6 „ I I To Balance down .. .. .. 108 8 7 791 8 6 18,450 4 4 1.666 8 9 4,782 8 4 9,501 19 10 1,583 4 3 1,468 15 0 I 5,103 1 1 686 7 0 44,142 5 8 Grounds .. .. .. .. .. 683 10 10 .. 429 4 9 998 11 5 .. .. i .. ! 2,111 7 0 Farm .. .. .. .. .. •• ! •• •• •• 24 3 8 21 7 0 .. .. j 45 10 8 Interest on capital .. .. .. .. I 3,218 8 0 348 19 5 2,440 13 9 3,246 6 10 829 15 11 207 11 10 147 11 4 128 5 11 10,567 13 0 } I I ! 108 8 7 791 8 6 22,352 3 2 2,015 8 2 7,652 6 10 13,771 1 9 2,434 7 2 1,676 6 10 ; 5,250 12 5 814 12 11 56,866 16 4 — = _ i - 1 Income. By Pees receivable— In-patients .. .. .. .. .. 16,973 3 1 486 3 0 13,705 5 1 10,101 0 9 6,263 2 0 1,389 5 6 .. 28 7 0 48,946 6 5 Out-patients .. .. • ■ • • ■. 357 6 0 .. .. 498 1 3 .. .. .. 85 2 0 940 9 3 Ex-service .. .. .. •• .. 1,322 18 5 153 12 8 10,454 4 3 6,995 13 2 .. .. .. .. 18,926 8 6 Examination of pensioners .. •. .. 14 14 0 .. 63 10 6 1 11 6 .. .. .. . . 79 16 0 Farm .. .. .. .. | •• .. .. .. 41 16 10 .. .. .. .. .. 41 16 10 Miscellaneous income .. .. •• 0 9 6 196 0 3 .. 87 4 0 77 14 11 40 11 2 0 5 0 .. 1 2 0 403 6 10 Balance down .. .. .. I 108 8 7 791 8 6 18,450 4 4 1,666 8 9 4,782 8 4 9,501 19 10 1,583 4 3 1,468 15 0 5,103 1 1 686 7 0 44,142 5 8 l__ j ___ 108 8 7 791 18 0 !37,314 6 1 2,306 4 5 29,134 9 0 27,176 1 5 7,886 17 5 2,858 5 6 5.103 1 1 800 18 0 113,480 9 6 _ I Excess of expenditure over income .. 108 8 7 791 8 6 22,352 3 2 2,015 8 2 7,652 6 10 13,771 1 9 2,434 7 2 1,676 6 10 ! 5,250 12 5 814 12 11 56,866 16 4 I 1 ! . i I- i I

B.—l [PT. IV].

DEPARTMENT OF HEALTH—continued. Institutional Farm and Grounds Profit and Loss Accounts for the Year ended 31st March, 1926.

Pukeora Sanatorium. Otaki Sanatorium. Queen Mary Hospital, Hanmer. Vegetable Vegetable Totals. Farm. Poultry-farm. Farm. Garden and Farm. Garden and Poultry. Poultry. Dr. To Stock on hand, 1st April, 1925— £ s. d. £ s, d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live .. .. .. 924 16 1 477 10 0 243 14 0 62 15 9 532 11 8 14 6 1 2,255 13 7 Other .. .. .. 904 8 4 205 19 5 105 15 0 40 11 0 126 13 2 5 0 11 1,388 7 10 Repairs, renewals .. 103 1 11 17 1 .3 34 17 10 18 4 5 103 5 2 19 5 3 295 15 10 Pnwn o c* Fodder .. .. 41 6 7 .. 168 15 11 .. 467 9 2 .. 677 11 8 Seeds and manures .. 94 14 11 .. 47 14 7 23 3 0 91 7 5 10 5 7 267 5 6 Fowl-food .. .. .. 558 11 0 .. 64 18 11 .. 124 8 5 747 18 4 Live-stock .. .. 612 4 6 .. 541 2 0 39 16 3 .. .. 1,193 2 9 Salaries and wages .. 998 17 7 451 13 0 660 11 0 328 16 5 782 9 1 552 12 1 3,774 19 2 Depreciation .. .. 146 3 8 98 17 0 25 16 4 1 0 2 61 18 4 0 11 8 334 7 2 Other expenses .. .. 129 3 11 30 12 6 32 6 6 6 6 0 32 3 4 1 4 9 231 17 0 Balance .. .. .. 774 13 3 .. 15 10 6 45 4 2 64 12 9 .. 900 0 8 4,729 10 9 1,840 4 2 1,876 3 8 630 16 1 2,262 10 1 727 14 9 12,066 19 6 To Balance down .. .. .. 133 13 7 .. .. .. 62 7 11 196 1 6 Interest on capital .. 464 5 2 134 17 8 36 17 6 4 13 0 88 16 5 1 4 5 730 14 2 Balance (net profit) .. 310 8 I .. .. 40 11 2 .. .. 350 19 3 774 13 3 268 11 3 36 17 6 45 4 2 88 16 5 63 12 4 1,277 14 11 Or. By Supplies to institutions .. 2,882 19 0 749 1 0 1,370 15 6 438 17 5 1,447 12 2 469 0 5 7,358 5 6 Supplies to other institutions 219 12 0 172 6 6 .. .. 69 11 3 .. 461 9 9 Sale of skins, &c. .. 213 12 9 .. 129 16 2 .. .. .. 343 8 11 Sale of live-stock .. 35 4 9 46 5 6 .. .. 18 0 0 .. 99 10 3 Other sales .. .. 39 7 1 50 2 2 32 14 0 31 13 10 .. .. 153 17 1 Stock on hand, 31st March, 1926— Live .. .. .. 874 0 6 571 0 0 245 18 0 54 19 0 540 11 8 24 U 1 2,311 0 3 Other .. .. .. 464 14 8 117 15 5 97 0 0 105 5 10 186 15 0 171 15 4 1,143 6 3 Balance .. .. .. .. 133 13 7 .. .. .. 62 7 11 196 1 6 4,729 10 9 1,840 4 2 1,876 3 8 630 16 1 2,262 10 1 727 14 9 12,066 19 6 By Balance, gross profit .. 774 13 3 .. 15 10 6 45 4 2 64 12 9 .. 900 0 8 Balance, loss .. .. .. 268 11 3 21 7 0 .. 24 3 8 63 12 4 377 14 3 774 13 3 268 11 3 36 17 6 45 4 2 88 16 5 63 12 4 1,277 14 11

B. -1 TPt. IV].

DEPARTMENT OF HEALTH—continued. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital Account .. .. .. 464,335 311 National Development Expenditure Account — £ s. d. Institutional fees paid in advance .. 552 11 0 Capital subsidies payable to Hospital Boards, 1925-26 114,193 1 5 Sundry creditors .. .. •. 65,028 2 6 Land— £ s. d. Reserve for depreciation .. .. 56,415 16 4 Institutions .. .. .. 52,194 16 0 Cash in transit (Suspense Account) .. 1,104 8 0 Quarantine stations .. ~ 1,900 0 0 Treasury Adjustment Account .. 778,314 15 4 54,094 16 0 Buildings— Institutions .. .. .. 219,704 15 4 Quarantine stations .. .. 47,576 12 6 267,281 7 10 Other improvements— Institutions .. .. .. 22,035 5 0 Quarantine stations .. . . 1,329 14 5 23,364 19 5 Plant and machinery at institutions .. .. 5,646 16 7 : Furniture, fittings, and equipment — Institutions .. .. .. 48,709 10 7 Other .. .. .. .. 23,473 15 5 72,183 6 0 Less book value in Suspense (prior to writing off) .. .. .. 412 6 9 71,770 19 3 Mechanical office appliances .. .. .. 1,294 3 0 j Motor-cars, ambulances, lorries, and cycles— Institutions .. .. .. 4,382 11 6 J Other .. .. .. .. 7,223 4 7 11,605 16 1 Push-bicycles .. .. .. .. 237 2 9 Farm stock and non-consumable stores at institutions .. .. .. .. 3,023 5 6 Libraries (other than institutional) .. .. 644 11 2 Stores on hand— At institutions .. .. .. 20,141 1 8 Sera, vaccine, and Laboratory stores.. 1,672 2 4 Drugs, disinfectant, &c., other than institutional .. .. .. 3,631 10 1 25,444 14 1 Less expired stock in Suspense (prior to writing off) .. .. .. 73 7 9 25,371 6 4 Blundell bequest (balance) .. .. .. 17 0 9 Cash in transit .. .. .. .. 1,435 17 8 Sundry debtors — Institutional .. .. .. 25,961 5 11 Other .. .. .. .. 3,748 6 6 29,709 12 5 Less bad debts and allowances in Suspense .. .. .. 2,950 18 6 26,758 13 11 General Revenue Account—Excess of expenditure over income .. .. .. .. .. .. 759,010 19 5 £1,365,750 17 1 £1,365,750 17 1 Notu.—The accounts include the following charges for which the Department possesses no parliamentary appropriation : (a) Rent assessed by Public Works Department; (b) interest at 4| per cent, on capital as at Ist April, 1925. B. Killick, Secretary. 30th July, 1926. W. T. Findlay, A.R.A.N.Z., Accountant. I hereby certify that the various Income and Expenditure Accounts and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IYJ.

HUNTER SOLDIERS ASSISTANCE TRUST ACCOUNT. Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d To Administration expenses . . .. .. 33 3 7 By Accrued rents .. . . .. 801 0 0 Rebates .. .. .. .. 72 4 6 Interest on investments .. .. . . 30 10 3 " Thirds," " fourths," &c. .. .. .. 93 17 7 Balance .. .. .. .. .. 632 4 7 £831 10 3 £831 10 3 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. . £ s. d. Capital .. .. .. 20,799 7 7 Land endowed by Sir George Hunter .. .. 17 ,800 0 0 Sundry creditors —Rents paid in advance .. 74 5 0 Postponed rent .. .. .. .. 79160 Rents charged in advance .. .. .. 200 5 0 Sundry debtors, for interest on investments (interest Balance of Revenue Account .. .. .. 632 4 7 accrued but not due) .. .. .. 30 10 3 £ s, d. Cash in Public Account .. 334 5 11 Investment Account .. .. 2,750 0 0 3,084 5 11 £21,706 2 2 £21,706 2 2 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the copies of audited journal entries of the District Land Office, Hawke's Bay, submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

IMMIGRATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. £ s. d. To Administration expenses — £ s. d. £ s. d. By Recoveries, New Zealand GovernSalaries — ment contributions .. .. 40 16 8 New Zealand .. .. .. 4,191 15 1 Cables prepaid .. .. .. 2,677 0 9 London .. .. .. .. 7,000 0 0 Exchange .. .. .. 114 4 Temporary assistance .. .. 400 3 4 Excess of expenditure over income Office expenses .. .. .. 3,654 19 3 carried down .. .. .. 117,624 18 6 Supervision of domestics .. .. 2,791 19 6 Supervision of public-school boys .. 427 13 5 Bent .. .. .. .. 1,397 11 5 19,864 2 0 Grants, &c., to immigrants .. .. .. 1,916 11 4 Passage-money paid .. .. ..254,145 1 5 Less contributions by— £ s. d. Immigrants .. 79,267 16 5 Imperial Government 79,321 7 6 158,589 3 11 95,555 17 6 Passage-money of undesirables .. .. .. 310 11 11 Cost of cables .. .. .. .. .. 2,613105 Exchange .. .. .. .. .. 213 Depreciation .. .. .. . . . . 72 3 4 Loans for passage-money written off .. .. 9 12 6 £120,344 10 3 £120,344 10 3 £ s. d. £ s. d. To Balance brought down .. .. .. .. 117,624 18 6 By Recoveries of expenditure on acInterest on capital .. .. .. .. 31 19 11 count of previous years — New Zealand Government contributions .. .. .. 2,016 15 6 Passage-money .. .. . . 443 3 0 2,459 18 6 Excess of expenditure over income after charging interest .. .. 115,196 19 11 £117,656 18 5 £117,656 18 5 Interest at 4£ per cent, on capital as at Ist April, 1925, has been included in the account although the Department possesses no parliamentary appropriation. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Passage-money deposits .. .. .. 82,354 0 2 By Passage-money deposits .. .. .. 73,590 17 0 Cables prepaid .. .. .. .. 2,529 1 1 Cables .. .. .. .. .. 2,214 10 5 Miscellaneous receipts .. .. . . 2,486 0 8 ; New Zealand Government contributions Office expenses recovered .. .. .. 2 0 1, towards passage-money .. .. 95,555 17 6 Grants, Sc., recovered .. .. .. 100 5 9 j Imperial Government contributions towards Recoveries from immigrants on account of passage-money .. .. .. 79,351 12 6 Imperial Government contributions to- i New Zealand Government loans of passagewards passage-money .. .. .. 930 14 10 money to immigrants .. .. .. 1,774 3 9 Imperial Government loans of passage-money Imperial Government loans of passage-money repaid .. .. .. .. 2,534 10 4 to immigrants advanced by New Zealand Repayments of New Zealand loans of passage- Government .. .. .. .. 2,146 2 6 money to immigrants .. .. .. 1,428 18 10 Imperial Government loans of passage-money Recoveries on behalf of Australian Govern- to New Zealand Government .. .. 2,885 1 3 ment .. .. .. .. 50 0 0 Refunds passage-money .. .. .. 5,381 11 5 Recoveries of Imperial Government contribu- Miscellaneous .. .. .. .. 428 8 6 tions towards passage-money held in Salaries .. .. .. .. 11,192 191 Suspense .. .. .. .. 229 5 0 Supervision of domestics .. .. .. 3,729 12 6 Supervision of domestics .. .. .. 1,045 10 4 Grants, &c., to immigrants .. .. 1,929 16 9 Gratuities payable to matrons .. .. 206 19 1 Office expenses .. .. .. .. 3,321 13 7 Imperial Government loans of passage-money Rent .. .. .. .. .. 1,233 1 5 to New Zealand Government .. .. 1,933 5 0 Payments on behalf of Australian Government 25 0 0 Imperial Government loans of passage-money Passage-money of undesirables .. .. 310 11 11 to immigrants advanced by New Zealand ! Gratuities paid to matrons, &e. .. .. 96 14 2 Government .. .. .. .. 2,407 12 6 Temporary assistance .. .. .. 401 5 0 Salaries .. .. .. .. 14 0 Supervision of public-school boys .. .. 432 9 0 Supervision of public-school boys .. .. 140 14 9 Imperial Government loans of passage money Imperial Government contributions towards to immigrants recovered and repaid to passage-money .. .. .. 82,673 2 6 Imperial Government .. .. .. 1,416 15 5 Net payments from Vote (carried down) .. 107,520 18 11 Recoveries of Imperial Government contributions towards passage-money paid out of Suspense Account .. .. .. 31 10 0 Recoveries of Imperial Government contributions refunded to migrants .. .. 10 10 0 Subsidy to— British Isles Association .. .. 125 0 0 Public-school Boys' Employment Bureau .. 100 0 0 Furniture and fittings .. .. .. 204 15 4 Exchange .. .. .. .. 0 18 2 Recoveries of Imperial Government contribu- p ■ tions refunded to Imperial Government .. 683 6 8 £288,574 3 10 £288,574 3 10 Recoveries on account of previous years — £ s. d. £ s. d. Public Works Fund—Miscellaneous .. 443 3 0 Balance brought down .. .. .. 107,520 18 11 Balance to Treasury Adjustment Account .. 107,077 15 11 £107,520 18 11 £107,520 18 11

B.—J [PT. IV].

IMMIGRATION DEPARTMENT—continued. Consolidated Fund Deposits Account. Remittances to Immigrants. £ s. d. £ s. d. To Balance, Ist April, 1925 .. .. .. 489 10 0 By Payments, Ist April, 1925, to 31st March, 1920 1,970 15 0 Receipts, Ist April, 1925, to 31st March, 1926 1,893 5 0 Balance, 31st March, 1926 .. .. 412 0 0 £2,382 15 0 j £2,382 15 0 Emigrants Deposits Account. £ s. d. £ s. d. To Balance, Ist April, 1925 .. .. .. 4,921 11 1 By Payments, Ist April, 1925, to 31st. March, 1926 42,788 12 8 Receipts, Ist April, 1925, to 31st March, 1926 44,179 11 8 Balance, 31st March, 1926 .. .. 6,312 10 1 £49,101 2 9 £49,101 2 9 Balance-sheet as at 31st Maeoh, 1926. Liabilities. £ s. d. Assets. Capital as at Ist April, 1925 .. .. .. 710 19 10 National Development Account — £ s. d. £ s. d. Passage-money deposited on behalf £ s. d. Excess of expenditure over of immigrants .. .. 25,874 10 0 income, 1925-26 .. .. 115,196 19 11 Cable fees paid in advance on Additional ascertained expendibehalf of immigrants .. 265 0 8 ture on account of passageAmounts deposited as gratuities for money deposited, 1913-22.. 4 0 0 matrons, &c. .. .. 135 4 11 115,200 19 11 26,274 15 7 Furniture and fittings .. 923 15 2 Imperial Government — Less provisionally written off 8 0 0 Loans of passage-money to New Zealand Go- 915 15 2 vernment .. .. .. .. 2,569 3 9 Stock of stationery .. .. .. 189 6 0 Loans to immigrants recovered but not paid.. 1,895 18 9 Loans of passage-money to imContributions of passage-money recovered but migrants .. .. 2,046 10 11 not paid .. .. .. .. 931 4 10 j Less bad debts in Suspense .. 9 12 6 Contributions of passage-money recovered and ! — 2,036 18 5 held in Suspense .. .. .. 254 10 0 Cash in Deposits Account--Recoveries on behalf of Commonwealth Migration Emigrants deposits .. .. .. 6,312 10 1 Department (Australia) .. .. .. 34 10 0 Remittances to immigrants .. .. 412 0 0 Immigrants' deposits (amounts deposited with I Sundry debtors .. .. .. 67 15 0 High Commissioner for repayment in New Official stamps .. .. .. 32 2 3 Zealand) .. .. .. .. 6,312 10 1 Remittances to immigrants (amounts deposited in New Zealand for payment in England) .. 412 0 0 Sundry creditors .. .. .. .. 1,389 13 4 Depreciation Reserve .. .. .. 265 4 11 Bad Debts Reserve .. .. .. .. 50 0 0 Treasury Adjustment Account .. .. 84,036 15 9 £125,167 6 10 £125,167 6 10 Wellington, 20th August, 1926. H. D. Thomson, Under-Secretary. I hereby certify that the Statement of Receipts and Payments, Income and Expenditure Account, and Balance sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

9—B. 1 [PT. IV].

B.—l [PT. IV].

INDUSTRIES AND COMMERCE DEPARTMENT. Income and Expenditure Account foe the Yeak ending 31st March, 1926. Expenditure. £ s. d. I Income. £ s. d. To Salaries, overtime, and meal allowances .. 6,203 19 4 By Rent of furniture .. .. .. 40 0 0 Advertising, periodicals, newspapers, &c. .. 89 9 9 Gas Regulations Account .. .. .. 132 14 4 Freight and cartage and removal of officers .. 82 9 8 Interest on loan (New Zealand and South Seas Fuel, light, and office cleaning .. .. 81 211 Exhibition) .. .. .. .. 30 4 1 Assistance to secondary industries .. .. 161 5 0 Balance carried down .. .. .. 11,202 3 I General expenses .. .. .. 459 0 2 Industrial exhibitions .. .. .. 135 0 9 Law-costs .. .. .. .. 1,347 17 8 Office requisites, printing, and stationery .. 185 17 11 Postages, telegrams, and rent boxes.. .. 447 3 11 Rent of offices .. .. .. .. 911 18 6 Travelling expenses and allowances .. .. 416 14 2 Railway passes issued to Trade Commissioners 695 12 6 Depreciation Account .. .. .. 187 9 3 £11,405 X 6 £11,405 1 6 £ s. d. To Balance brought down .. .. ... 11,202 3 1 £ s. d. Subsidies to steamer services .. .. 22,500 0 0 By Balance (excess of expenditure over income) .. 58,798 17 4 Subsidy to New Zealand and South Seas Exhibition .. .. .. 25,000 0 0 Interest on capital .. .. .. 96 14 3 £58,798 17 4 £58,798 17 4 Note. —The above account includes interest on capital for which the Department possesses no parliamentary appropriation. Profit and Loss Account with regard to the Sale of Reparation German Dyes for Period Ist April, 1924, to 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Balance at 31st March, 1926 .. .. .. 898 11 10 By Balance at 31st March, 1924, as per Trading and Profit and Loss Account .. .. .. 898 11 10 £898 11 10 £898 11 10 British Empire Exhibition. —Exhibition Commissioner's Account for the Period 13th October, 1922, to 31st March, 1926. Dr. £ s. d. £ s. d. Gr. £ s. d. To London expenditure .. .. .. 137,421 9 2 By London credits .. .. .. .. 18,180 15 3 New Zealand Accounts—■ Subsidy received from British Empire ExhibiGeneral expenses .. .. 6,357 7 3 tion authorities (1925) .. .. .. 30,000 0 0 Packing, handling, and shipping 1,661 4 8 New Zealand credits .. .. .. 7,805 510 Publicity .. .. 9,288 5 0 Exhibits on hand .. .. .. 1,683 3 8 Decorations, murals, &c. .. 861 17 2 Excess of expenditure over income .. .. 104,156 16 2 Maori craft and natural history 375 16 10 Photographs and films .. 1,891 9 2 Wool .. .. .. 307 3 7 Furniture .. .. 1,515 3 8 General exhibits .. .. 1,298 3 1 Insurance claims, &c. .. 848 1 4 — 24,404 11 9 £161,826 0 11 £161,826 0 11 Note. —Cost of Exhibition transferred to Treasury Adjustment Account. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 2,103 17 0 Office furniture and fittings— Depreciation Reserve Account .. .. 665 7 9 Wellington .. .. .. .. 755 15 7 Sundry creditors .. .. .. .. 4,495 15 I Christchurch .. .. .. .. 368 19 4 Treasury Adjustment Account .. .. 115,784 18 0 Auckland.. .. .. .. .. 185 9 3 Dunedin .. .. .. .. .. 76 17 8 Mechanical appliances— Wellington .. .. .. .. 289 4 0 Christchurch .. .. .. .. 169 17 10 Auckland.. .. .. .. .. 9860 Dunedin .. .. .. .. .. 50 12 0 Head Office library .. .. .. .. 137 15 0 Furniture, Melbourne .. .. .. 7 4 0 Half-share in refrigerating plant, London .. 270 13 8 Official stamps on hand .. .. .. 25 12 7 Expenditure in advance .. .. .. 6 16 3 Exhibits, &c., returned from Wembley .. .. 1,683 3 8 Sundry debtors .. .. .. .. 2,688 17 1 Government participation. New Zealand and South Seas Exhibition .. .. .. .. 27,435 16 7 Loan, New Zealand and South Seas Exhibition .. 30,000 0 0 Income and Expenditure Account (excess of expenditure over income) .. .. .. 58,798 17 4 £123,049 17 10 £123,049 17 10 G. W. Clinkard, M.Com., Acting-Secretary, Department of Industries and Commerce. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

INTERNAL AFFAIRS DEPARTMENT. HEAD OFFICE (INCLUDING SUBDIVISIONS I, 11, 111, IV, AND X, AND SPECIAL ACTS). Income and Expenditure Account fob the Year ended 31st March, 1926. Expenditure. Income. £ s. d. To Departmental administrative charges— £ s. d. £ s. d. By Land-agents'license fees .. .. 9,334 18 3 Salaries .. .. .. 33,737 I 1 Aliens Act, registrations under .. 552 1 6 Commissions of inquiry .. .. 153 9 5 Passport fees .. .. .. 1,946 16 2 Dominion Observatory, expenses of 761 18 8 By-laws Act, fees under .. .. 18 18 0 Postage .. .. .. 889 13 7 Cinematograph-films, censorship of .. 1,267 7 6 Printing and Stationery Account.. 2,210 13 8 Opossum royalty —Administrative charges 484 610 Publications, purchase of .. 752 13 2 Sales of fish .. .. .. 807 9 1 Rent .. .. .. .. 3,940 5 0 Sales—Miscellaneous .. .. 161 411 Telephones .. .. .. 1,293 1 3 Totalizator inspection, revenue from .. 823 10 1 Travelling-expenses of officers .. 1,279 11 7 Miscellaneous revenue .. .. 2,732 11 5 Advertising New Zealand .. 16,204 7 8 Balance carried down .. .. 293,831 14 9 Deer herds, bonus for reduction of 953 8 0 Entertaining visitors, cost of .. 5,112 3 3 Eire-hose .. .. .. 53 6 1 Totalizators, inspection of .. 967 5 0 Turnbull Library .. .. 888 1 10 United States Fleet, visit of 20,905 6 0 War graves .. .. .. 41,282 2 8 Saleable publications, loss on .. 62 0 6 Sundries Account .. .. 2,970 2 0 — 134,416 10 5 General Public Service administrative nnn ffyr-f Salaries .. .. .. 70,300 19 1 Fuel for Government offices .. 1,875 10 5 Light, power, and water.. .. 4,360 5 4 Cleaning offices.. .. .. 2,532 11 3 Printing, stationery, and office requisites for Ministers' offices .. 1,068 0 0 Travelling-allowances and expenses of Ministers .. .. .. 5,601 15 0 Travelling-allowances and expenses of Private Secretaries .. .. 2,893 17 8 New Zealand Gazette .. .. 5,333 17 3 Sundries Account .. .. 7,864 0 7 — 101,830 16 7 Special Acts —■ Salaries .. .. .. 22,323 1 3 Finance Act, 1925, section 7—New Zealand Institute .. .. 1,500 0 0 Fire Brigades Act, 1908 .. .. 2,153 19 11 Appropriation Act, 1925, section 14 129 15 0 26,106 16 2 Other ChargesFire Brigades Conference .. 2,686 4 8 Young Citizens League —Rail passes 1,561 15 8 Cost-of-living bonus to annuitants 12,726 13 3 Funeral expenses of late Prime Minister .. .. .. 1,952 14 8 Empire Press Delegation .. 1,093 11 5 Ex gratia payments for injury (enemy action) .. .. 2,273 7 0 Grants .. .. .. 20,489 11 11 Royal Commission re agricultural banks .. .. .. 2,918 19 0 Subsidies .. .. .. 2,500 0 0 Sundries Account .. .. 1,403 17 9 49,606 15^4 £311,960 18 6 £311,960 18 6 £ s. d. £ s. d. To Balance brought down . . .. .. 293,831 14 9 By Balance excess of expenditure over £ s. d. income .. .. .. .. 296,733 18 1 Interest on capital .. .. 1,323 1 0 Depreciation .. .. .. 1,579 2 4 2,902 3 4 £296,733 18 1 £296,733 18 I

B.—l [Pt. IYI.

INTERNAL AFFAIRS DEPARTMENT—continued. SUBDIVISION V. —REGISTRAR-GENERAL. Income and Expenditure Account foe the Year ended 31 st March, 1926. Expenditure. £ s. d. Income. To Salaries .. .. .. .. .. 10,864 7 4 By Registration and other fees — £ s. d. Postage.. .. .. .. .. 640 11 5 Registration of births, deaths, and marriages 18,261 11 10 Printing and stationery .. .. .. 1,057 7 8 Friendly Societies' Act .. .. .. 54 4 6 Payment to Post and Telegraph Department Dentists Act .. .. ■. .. 25 16 0 for services of officers as Registrars .. 1,815 5 3 Sales .. .. .. .. .. 36 11 0 Registration of births, deaths, and marriages.. 1,426 0 8 Rent .. .. .. .. •• 1,058 2 8 Sundries.. .. .. .. .. 706 19 8 Balance carried down .. .. .. 809 8 8 £18,378 3 4 £18,378 3 4 £ s. d. £ s. d. To Interest on capital .. .. .. 98 19 4 By Balance brought down .. .. .. 809 8 8 Depreciation ' .. .. .. 168 18 6 Balance carried down .. .. .. 541 10 10 £809 8 8 £809 8 8 SUBDIVISION VI.—CENSUS AND STATISTICS. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. To Salaries .. .. .. .. •• 14,981 5 0 By Sundry revenue— £ s. d. Census, 1926 .. .. ■. • • 3,030 9 7 Receipts from Powers machines .. .. 1,525 0 0 Postage.. .. .. •• •• 819 11 2 Miscellaneous revenue .. .. .. 54 17 8 Printing and stationery .. .. .. 1,973 18 6 Balance carried down .. .. .. 33,818 8 4 Removal to new offices .. .. .. 1,009 18 9 Rent 638 5 9 Collection of statistics .. .. .. 7,462 2 9 Sundries .. •« •• 910 17 9 Loss on sales publications .. .. .. 1,019 124 Free issue of publications .. .. .. 3,552 4 5 £35,398 6 0 £35,398 6 0 £ s. d. £ s. d. To Balance brought down .. .. .. 33,818 8 4 By Balance carried down .. .. .. 35,069. 4 4 Depreciation .. .. .. ■ • 828 3 6 Interest on capital .. .. .. 422 12 6 £35,069 4 4 £35,069 4 4 SUBDIVISION VII.—HIGH COMMISSIONER. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries.. .. .. ■■ .. 19,317 3 9 By Shipping charges .. .. .. 335 12 0 Advertising .. .. .. .. 1,675 910 Sundry revenue .. .. .. .. 144 17 8 Postage.. .. •• •• •• 2,258 12 11 Balance carried down .. .. .. 34,275 18 1 Rent .. •• •• •• 4,894 411 Grant to High Commissioner .. .. 1,000 0 0 Official entertainments .. .. .. 889 5 9 Printing and stationery .. .. .. 658 5 6 Transfer of New Zealand officers .. .. 899 1 6 Sales 31 18 6 Sundries .. .. • • • • 3,132 5 1 £34,756 7 9 £34,756 7 9 £ s. d. £ g. d. To Balance brought down .. .. .. 34,275 18 I By Balance carried down .. .. .. 35,814 19 11 Depreciation .. .. • • • • 1,007 5 7 Interest on capital .. .. .. 531 16 3 £35,814 19 11 £35,814 19 11

B—l. [PT. IVI.

INTERNAL AFFAIRS DEPARTMENT—continued. SUBDIVISION VIII.—DOMINION MUSEUM. Income and Expenditure Account foe the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 3,198 3 6 By Sundry revenue .. .. .. .. 67 910 Board of Science and Art .. .. .. 161 18 10 Balance carried down .. .. .. 6,347 13 11 Rent . . . . .. .. .. 1,551 10 7 Grant to Maori Ethnological Board .. .. 600 0 0 Loss on sales of publications .. .. 25 16 9 Sundries .. .. .. .. .. 877 14 1 £6,415 3 9 £6,415 3 9 £ s. d. £ s. d. To Balance brought down .. .. .. 6,347 13 11 By Balance brought down .. .. .. 6,988 1 4 Depreciation .. .. .. .. 200 19 7 Interest on capital .. .. .. 439 7 10 £6,988 1 4 £6,988 1 4 SUBDIVISION IX.—DOMINION LABORATORY. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. • £ s. d. To Salaries .. .. .. .. .. 5,610 811 By Laboratory fees .. .. .. .. 287 7 2 Rent .. .. .. .. .. 430 0 0 Analysis fees .. .. .. .. 100 5 6 Sundries .. .. .. .. .. 2,531 4 9 Sundry revenue .. .. .. .. 16 1 5 Loss on sales .. .. .. .. 9 8 0 Balance carried down .. .. .. 8,177 7 7 £8,581 1 8 £8,581 1 8 £ s. d. £ s. d. To Balance brought down .. .. .. 8,177 7 7 By Balance carried down .. .. .. 8,505 4 6 Depreciation .. .. .. .. 197 16 9 Interest on Capital .. .. .. 130 0 2 £8,505 4 6 £8,505 4 6 SUBDIVISION IX.—DOMINION LABORATORY—EXPLOSIVES BRANCH. Income And Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 2,411 7 7 By Magazine revenue .. .. .. .. 1,709 7 6 Magazines, expenses of .. .. .. 1,676 12 11 Explosives storage fees .. .. .. 2,390 12 1 Rent .. .. .. .. .. 90 0 0 Explosives license fees .. .. .. 3,868 7 6 Sundries .. .. .. .. .. 1,168 13 8 Balance carried down .. .. .. 2,6211211 £7,968 7 1 £7,968 7 1 £ s. d. £ s. d. To Depreciation .. .. .. .. 409 14 3 By Balance brought forward .. .. .. 2,621 12 11 Interest on capital .. .. .. 535 3 3 Balance carried down .. .. .. 1,676 15 5 £2,621 12 11 £2,621 12 11 Combined Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. To Balances from separate accounts as under — £ s. d. By Balances from separate accounts as under — Head Office .. .. .. .. 296,733 18 1 £ s. d. £ s. d. Census and Statistics .. .. .. 35,069 4 4 Registrar-General .. .. 541 10 10 High Commissioner .. .. .. 35,814 19 11 Dominion Laboratory—ExMuseum .. .. .. .. 6,988 1 4 plosives Branch .. .. 1,676 15 5 Dominion Laboratory—Head Office .. 8,505 4 6 2,218 6 3 Balance .. .. .. .. 380,893 1 11 £383,111 8 2 £383,111 8 2 Note. —Charges for rent and interest on capital, for which the Department possesses no parliamentary appropriation, are included in the accounts.

B.—l [PT. IV].

INTERNAL AFFAIRS DEPARTMENT —continued. Combined Balance-sheet as at 31st March, 1926. (Including Subdivisions I to X, and Special Acts.) Liabilities. £ s. d. Assets. Fixed capital as at Ist April, 1925 .. .. 179,493 8 5 Departmental assets — Sundry creditors .. .. .. .. 28,052 18 4 Head Office and sub-Departments— £ s. d. £ s. d. Loans received in advance .. .. .. 15 0 0 Land .. .. .. 4,089 9 0 Depreciation Reserve .. .. .. 18,023 7 8 Buildings .. .. .. 8,811 9 0 Treasury Adjustment Account .. .. 358,619 11 4 Office furniture and fittings .. 17,595 5 4 Mechanical appliances .. 17,818 12 0 Photographic apparatus .. 1,935 611 Library .. .. .. 4,352 4 7 Tools .. .. .. 369 13 4 Saleable publications .. 7,013 11 3 Motor-vehicles .. .. 3,046 12 9 65,032 4 2 Head Office — Turnbull Library building .. 9,292 4 5 Turnbull Library .. .. 55,787 9 1 Launches .. .. .. 227 19 8 Traps and horses .. .. 12 2 6 65,319 15 8 High Commissioner — Motor accessories .. .. .. 3 15 2 Museum —Exhibits .. .. .. 54,117 18 1 Dominion Laboratory — Head Office — Laboratory appliances .. 2,367 9 1 Distillation plant .. .. 171 810 2,538 17 11 Dominion Laboratory—Explosives Branch — Explosives appliances .. .. .. 188 0 9 Loan on mortgage .. .. .. .. 8,149 1 11 Sundry debtors .. .. .. .. 7,961 10 2 Excess of expenditure over income .. .. 380,893 111 £584,204 5 9 £584,204 5 9

Location of Assets—Head Office and Sub-departments.

J. Hislop, Under-Secretary. A. W. Pyne, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. —J. H. Fowler, Deputy Controller and Auditor-General.

T „„,i TtniifiiYina Office Furniture Mechanical Photographic - lAna. isulldmgs. and Fittings. Appliances. Apparatus. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Head Office .. .. .. .. .. 50 0 0 1,354 16 7 6,718 6 9 3,256 16 11 1,562 17 9 Registrar-General .. .. .. .. .. .. 1,944 2 4 276 1 8 Census and Statistics .. .. .. .. .. .. 614 15 8 11,909 2 4 High Commissioner .. .. .. .. .. .. 7,122 19 2 2,080 4 7 Museum .. .. .. .. .. . . . . 717 14 5 242 14 3 372 9 2 Dominion Laboratory—Head Office .. .. .. . . 205 3 2 31 7 9 Dominion Laboratory —Explosives Branch .. 4,039 9 0 7,456 12 5 272 3 10 22 4 6 Totals .. .. .. .. 4,089 9 0 8,811 9 0 17,595 5 4 17,818 12 0 1,935 6 11 I ! Library. Tools. Publications Motor-vehicles. Total. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Head Office .. .. .. .. .. 474 14 1 363 4 6 1,479 4 3 2,046 12 9 17,306 13 7 Registrar-General .. .. .. .. .. .. .. .. 2,220 4 0 Census and Statistics .. .. .. .. 77 12 8 .. 1,711 7 11 .. 14,312 18 7 High Commissioner .. .. .. .. 1,837 10 0 .. .. 1,000 0 0 12,040 13 9 Museum .. .. .. .. .. 1,168 15 4 6 8 10 3,822 19 1 .. 6,331 1 1 Dominion Laboratory—Head Office .. .. 793 12 6 .. .. .. 1,030 3 5 Dominion Laboratory —Explosives Branch .. .. .. .. .. 11,790 9 9 Totals .. .. .. .. 4,352 4 7 369 13 4 7,013 11 3 3,046 12 9 65,032 4 2

B.—l ;Pt. IV].

KAURI-GUM INDUSTRY ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. Cash in Public Account, Ist April, 1925.. 2,434 J3 10 Wages to workmen and gum-buyers .. 1,870 16 10 Advance from Consolidated Fund .. 10,000 0 0 Plant, machinery, stores, &c. .. .. 251 3 9 Sales of gum .. .. .. 5,521 15 6 Purchases of gum .. .. .. 9,877 14 11 Miscellaneous receipts .. .. 72 15 2 Freight, cartage, &e. .. .. .. 1,396 15 10 General expenses .. .. .. 1,190 14 9 Cash in Public Account, 31st March, 1926 3,441 18 5 £18,029 4 6 £18,029 4 6 Trading Account. £ s. d. £ s. d. To Gum on hand, Ist April, 1925 .. 54,633 12 11 By Gum on hand, 31st March, 1926 .. 58,797 8 6 Purchases of gum .. .. .. 9,410 2 5 Sales of gum .. .. .. 6,574 8 6 Wages .. .. .. .. 1,890 9 3 Balance carried down .. .. 1,134 15 10 Freights inward .. ~ .. 572 8 3 £66,506 12 10 £66,506 12 10 Profit and Loss Account. £ s. d. £ s. d. Freights outward .. .. .. 443 9 5 Balance carried down .. .. 6,442 16 9 General expenses .. .. .. 95 3 1 Cables, &c. .. .. .. 24 9 8 Sacks, cases, &c. .. .. .. 297 8 4 Fire insurance .. .. .. 212 5 0 Printing and stationery .. .. 36 19 0 Depreciation .. .. .. 53 10 0 Travelling-expenses .. .. 13 8 2 Rent .. .. .. .. 318 14 0 Salaries .. .. .. .. 574 6 4 Debenture interest .. .. 3,238 711 Balance from trading account .. 1,134 15 10 £6,442 16 9 ' £6,442 16 9 £ s. d, £ s. d. Balance from previous years .. 11,035 12 3 Balance at 31st March, 1926 .. 17,478 9 0 Balance carried down .. .. 6,442 16 9 £17,478 9 0 £17,478 9 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. £ s. d. Loan Account — Land at face-works and elsewhere, with Debentures issued .. .. .. 75,000 0 0 buildings, fences, and improvements .. 5,065 15 0 Crown Lands Account . .. 500 0 0 Vacuum-tank, fittings and plant, and Consolidated Fund .. .. .. 10,000 0 0 royalties, short workings .. .. 2,900 610 Interest on debentures .. .. 4,584 5 9 Plant and store fittings .. .. 170 15 1 Sinking Fund Reserve Account .. 617 13 10 Tools, Auckland and depots .. .. 32 8 4 Sundry creditors— £ s. d. Live and dead stock .. .. .. 38 11 9 For supplies, &c. .. 529 13 9 Furniture and office fittings .. .. 84 111 Orders issued .. .. 71 15 4 Sacks, gum-cases, &e. .. .. 304 5 8 Sundry consignors .. 18 5 2 Charges paid in advance . . .. 87 3 5 Royalties Account .. 190 5 9 Gum on hand .. .. .. 58,797 8 6 For gum .. .. 116 13 1 Gum on consignment .. .. 782 17 2 926 13 1 Sundry debtors .. 774 4 9 Sinking Fund Reserve .. .. 617 13 10 Profit and Loss Account .. .. 17,478 9 0 Funds in transit .. .. .. 1,052 13 0 Cash in Public Account at 31st March, 1926 3,441 18 5 £91,628 12 8 £91,628 12 8 H. J. Lowe, Kauri-gum Superintendent. I hereby certify that the statements of Receipts and Payments, Trading and Profit and Loss Accounts, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit and correctly state the position as disclosed thereby. The following comment is appended: The value of stocks on hand has been accepted on the certificate of the Kauri-gum Superintendent.—G. F. C. Campbell, Controller and Auditor-General. Note. —No charge for debt - redemption was made against this account during the year as authorized by section 12 (b) of the Repayment of the Public Debt Act, 1925. Such charge will be unnecessary in subsequent years, as that authority has since been repealed by section 22 of the Finance Act, 1926.' Note. —No profits have been earned in respect of this account against which a charge for debtredemption could be made. A. D. Park, F.1.A.N.Z., Accountant to the Treasury.

B. I [PT. IV].

LABOUR DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries, agents'allowances, and overtime .. 36,722 0 2 By Penalties imposed by the Court in actions Travelling allowances and expenses .. .. 5,991 13 10 brought for breaches of awards and certain Motor-car, motor-cycle, and bicycle mainten- sections of the Industrial Conciliation and ance and repairs .. .. .. 1,117 2 3 Arbitration Act, 1908, and the Apprentices Advertising, supply of newspapers, &c. .. 204 7 0 Act, 1922 .. .. .. .. 1,042 17 0 Freight, cartage, and transport charges .. 43 17 11 Sale of departmental publications .. .. 253 18 3 Heating and lighting of offices .. .. 214 7 9 Pees— Law-costs .. .. .. .. 70 7 0 Factory registration .. .. .. 3,890 12 6 Postage, telegrams, and rent of letter-boxes 1,064 7 9 Servants'registry-office licenses .. .. 36 10 0 Printing, stationery, office requisites, and type- Weights and measures verification services.. 4,650 5 8 writer repairs .. .. .. .. 2,664 9 7 Sale of scales, &c., seized under the weights and Bent of office accommodation .. .. 3,535 15 10 Measures Act, 1908 .. .. .. 1 0 0 Telephone services .. .. .. 502 11 2 Rent of buildings .. .. 78 4 0 Provision for depreciation of assets .. 1,117 811 Balance carried down .. .. .. 44,796 19 1 Miscellaneous expenses .. .. .. 49 17 0 Commission on sale of publications .. 52 10 2 Cost of visit of English Inspector of Weights and Measures to advise on reorganization of service and conduct examination .. 555 0 0 Fees to assessors on Conciliation Councils .. 828 6 4 Bates on property and repairs to buildings .. 16 3 10 £54,750 6 6 £54,750 6 6 £ s. d. £ s. d. To Balance brought down .. .. .. 44,796 19 1 By Excess of expenditure over income .. .. 45,365 0 8 Interest on capital .. .. .. 568 1 7 £45,365 0 8 £45,365 0 8 Note. —These accounts include charges against the Department for rent and interest for which the Department possesses no parliamentary appropriation. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital funds —Liability to Treasury on Capital Cash — £ s. d. £ s. d. Account .. .. .. .. .. 12,623 19 3 In hand .. .. .. 0 0 6 Sundry creditors —Sundry unpaid accounts • .. 1,439 15 11 Public Account .. .. 013 0 Deposits .. .. .. .. . . 202 16 2 Deposit Accounts .. .. 202 16 2 Beserve for bad and doubtful debts .. .. 273 7 7 203 9 8 Reserve depreciation .. .. .. 4,088 15 6 Official stamps .. .. .. .. 123 10 11 Treasury Adjustment Account .. .. 42,184 14 0 Sundry debtors .. .. .. .. 695 17 6 Office furniture, fittings, and typewriters .. .. .. 5,831 1 6 Purchased .. .. .. 211 6 10 6,042 8 4 Sold .. .. .. .. 113 18 1 5,928 10 3 Motor-ears, motor-cycles, and bicycles 2,045 8 5 Purchased .. .. .. 730 15 10 2,776 4 3 Sold .. .. .. .. 10 0 2,775 4 3 Library .. .. .. .. 1,173 19 1 Additions .. .. . . 16 5 0 1,190 4 1 Land and buildings .. .. 900 0 0 Additions .. .. .. 20 0 0 920 0 0 Standard weights and measures .. 2,673 10 3 Purchased .. .. .. 227 6 11 2,900 17 2 Destroyed .. .. .. 1 13 2 2,899 4 0 Printed forms, stationery, and supplies on hand .. 351 7 6 Subscriptions and other payments made in advance 360 19 7 Excess of expenditure over income .. .. 45,365 0 8 £60,813 8 5 £60,813 8 5 20th July, 1926. F. W. Rowley, Secretary of Labour. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books submitted for audit, and correctly state the position as disclosed thereby subject to the above departmental note. —G. F. C. Campbell, Controller and Auditor-General.

10— B. 1 [PT. IV].

B.—l [PT. TV].

LAND ASSURANCE FUND. Revenue Account for the Period 30th December, 1922, to 31st March, 1926. Dr. Or. £ s. d. To Expenditure tinder the Land Transfer Act, 1915 — By Levy under section 185, Land Transfer Act, 1915 80,166 10 5 £ s. d. Interest on investments .. .. .. 11,078 4 7 Claims admitted under section Interest accrued on investments .. .. 508 2 2 188 .. .. .. 316 17 3 Compensation under section 190 58 6 2 Expenses of appeal, section 202 110 1 10 — 485 5 3 Appropriation under section 18, Finance Act, 1924, for expenses of compulsory registration of titles .. .. .. .. 10,000 0 0 Accumulated fund as at 31st March, 1926 .. 81,267 11 11 £91,752 17 2 £91,752 17 2 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Accumulated fund as at 31st March, 1926 .. 81,267 11 11 Interest accrued on investments .. .. 508 2 2 Investments .. .. .. .. 78,400 0 0 Cash in the Public Account .. .. .. 2,359 9 9 £81,267 11 11 £81,267 11 11 The Treasury, Wellington, 30tli August, 1926. A. D. Park, F.IA.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IY].

LAND AND INCOME TAX DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1926. Expenditure. Income. £ s. d. £ s. d. £ s. d. To Advertising, books, &c. .. .. 525 11 7 Contingencies .. .. .. .. 66 4 3 By Land-tax Account .. 1,223,414 0 0 Law-costs .. .. .. .. 247 211 Income-tax Account .. 3,346,048 4 7 Office requisites (including printing and 4,569,462 4 7 stationery) .. .. .. .. 2,366 17 5 Interest and dividends .. .. .. 305 3 3 Overtime and meal allowances .. .. 146 8 8 Postages and telegrams .. .. 1,842 10 11 Removal of fittings .. .. .. 307 15 0 Rent.. .. .. .. .. 2,544 0 0 Repairs and renewals .. .. .. 204 5 11 Salaries .. .. .. .. 35,786 15 0 Services rendered by other Departments— Customs Department, collecting deposits 200 0 0 Post and Telegraph Department, receiving payments of tax .. .. .. 1,766 18 6 Public Works Department, cleaning and removal of rubbish.. .. .. 36 17 7 Telephone services .. .. .. 154 12 10 Travelling allowances and expenses .. 1,406 2 2 Valuation Department (contribution to) .. 8,041 9 0 Readjustment of tax under Parliamentary authority— Booth and Co. (Limited) .. .. 4,936 14 3 D. Fit] lay son and others .. .. 2,198 9 2 Maraetai Farms (Limited) .. .. 6,103 0 2 William Matthews .. .. .. 10 4 2 R. D. Robinson .. .. .. 50 11 5 Tax on Commissioner's salary (Wembley) 100 0 0 Grant to officer .. .. .. 625 0 0 Reward to informer .. .. .. 20 0 0 Permanent charges (special Acts) —Payment of interest under section 134, Land and Income Tax Act, 1923 .. .. 659 2 8 Depreciation on office furniture, fittings, mechanical appliances, and library .. 535 16 3 Balance carried down .. .. .. 4,498,878 18 0 £4,569,767 7 10 £4,569,767 7 10 £ s. d. £ s. d. To Interest on capital .. .. .. 234 6 3 By Balance brought down .. .. 4,498,878 18 0 Excess of revenue over expenditure .. 4,498,644 11 9 £4,498,878 18 0 £4,498,878 18 0 Percentage cost of collection of revenue, 1*246. Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (1) Interest at 4J per cent, on capital as at Ist April, 1925, £234 6s. 3d. ; (2) rent of offices as assessed by Public Works Department, £2,471. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Capital Fund .. .. .. 5,206 18 4 Office furniture and fittings .. 3,369 9 4 Sundry creditors— Additions during year .. 994 4 10 Outstanding expenses .. 9,747 14 3 Land-tax* .. .. 3,566 18 6 4,363 14 2 Income-tax* .. .. 19,578 13 5 Less transfers to Public Works 32,893 6 2 Department .. .. 87126 Depreciation Reserve .. .. .. 2,171 15 7 4,276 1 8 Suspense Account, for default assessments, &c. 150,000 0 0 Library .. .. .. 213 15 0 Excess of revenue over expenditure .. 4,498.644 11 9 Additions during year .. 12 17 3 — 226 12 3 Office appliances .. .. 1,623 14 0 Additional during year .. 33 15 0 1,657 9 0 Forms and stationery .. .. 1,142 5 8 Official stamps .. .. .. 5 3 4 Sundry debtors — Land-tax.. .. .. 158,237 7 2 Income-tax .. .. 338,636 19 7 496,874 6 9 Treasury Adjustment Account .. 4,165,631 12 2 Cash in hand, Post Office, 31st March, 1926 — Land-tax.. .. .. 7,308 17 0 Income-tax .. .. 11,794 4 0 • 19,103 1 0 £4,688,916 11 10 £4,688,916 11 10 Contingent liability in respect of bills discounted by Bank of New Zealand, £21,248 13s. * Includes amounts paid in advance and overpayments, subject to adjustment. A. E. Fowler, Commissioner of Taxes. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby subject to the above departmental notes, —6. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. Payments. To Cash in Public Account, Ist £ s. d. £ s. d. By Amount set aside under section 47, Land for £ s. d. April, 1925 .. .. 1,731 13 0 Settlement Act, 1925 .. .. .. 10,000 0 0 Imprests outstanding .. 1,671 111 Transfer to Loans Redemption Investment Account .. 57,500 0 0 Account for redemption of 60,902 14 11 debentures — £ s. d. Receipts under section 208, Land Act, 1924 .. 1,422 18 4 Land for Settlement Act, Receipts from rents .. .. .. 356,547 3 10 1908 .. .. .. 16,800 0 0 Receipts from sales of Crown land .. .. 79,103 5 0 Land for Settlement Act, Receipts from sales of settlement land .. 101,108 12 7 1908, and Finance Act, Receipts on account buildings .. .. 7,708 16 4 1915, section 106 .. 5,775 0 0 Teviot Estate .. .. .. .. 12,141 8 7 22,575 0 0 Clifton Estate .. .. .. .. 12,410 16 3 Recoupment under the Finance Act, 1919, Miscellaneous receipts .. .. .. 416 7 3 section 4—lnterest on loans .. .. 355,064 18 11 Credits in reduction of expenditure on estates 54 4 4 Recoupment to Ordinary Revenue Account of Interest on securities held by Investment amount charged thereto for reduction of Account .. .. .. .. 4,088 4 0 funded debt—Sections 82 and 42 (b) of Land Amount received from State Advances Office for Settlements Act, 1908 .. .. 657 4 1 under section 26, Finance Act, 1924 (value Management charges on bonds and consolidated of workers'dwellings taken over) .. 3,195 0 0 stock .. .. .. .. .. 323 3 6 Adjustment of amount incorrectly charged Expenses of redemption of loans .. .. 516 0 to Land for Settlements Account in respect of Stamp duty on transfer of New Zealand Concharges and expenses of raising loans .. 56 15 1 solidated Stock.. .. .. .. 19 17 10 Amount incorrectly credited to Refunds of revenue— £ s. d. Land for Settlements Account Rents .. .. .. 2,513 6 11 instead of to Hutt Valley Sales of Crown land .. 1,863 12 7 Lands Settlement Account — £ s. d. Sales of settlement land .. 528 5 10 Rents .. .. .. 2,012 10 10 Buildings .. .. 74 18 2 Sale buildings .. .. 10 0 0 Miscellaneous .. .. 127 11 5 Sale land .. .. 6,539 2 2 5,107 14 11 8,561 13 0 Land-for-settlement expenses (vote) .. 3,152 7 3 Acquirement of estates .. .. .. 68,86914 4 Administration expenses, &c. .. .. 10,545 17 7 Teviot Estate .. .. .. . . 936 19 8 Clifton Estate .. .. .. .. 14,937 3 7 Road access to settlements, &c. .. .. 5,639 5 3 Expenditure under section 20 (3), Land Act .. 850 0 0 Expenditure under section 20 (4), Discharged Soldiers Settlement Amendment Act, 1923 15,503 18 6 Interest under subsection (8) of section 208, Land Act, 1924 .. .. .. 187 17 2 Refunds of amounts paid in under section 208, Land Act, 1924 (principal) .. .. 174 4 4 Cash in Public Account, 31st £ s. d. March, 1926 .. .. 679 15 1 . Imprests outstanding .. 5,488 1 6 Investment Account .. 127,000 0 0 133,167 16 7 £647,717 19 6 £647,717 19 6 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Interest on loans .. .. .. .. 358,662 17 I By Accrued rents, &c. .. .. .. 413,944 310 Rebates of rent .. .. .. .. 32,612 14 4 Accrued royalties .. .. .. 130 7 2 Remissions of rent .. •• .. 8,024 10 7 Accrued interest on sales of settlement land .. 23,251 14 4 Irrecoverable rents, &e. .. .. .. 3,883 14 10 Accrued interest on investments .. .. 4,331 13 5 Loss on stock, implements, &c., Teviot Estate 488 3 3 Miscellaneous .. .. .. .. 712 0 Insurance premiums, rates, &c. .. .. 93 0 4 Interest on amounts set aside under section 47, Interest under section 208, Land Act, 1924 .. 186 17 2 Land for Settlement Act, 1925 .. .. 25,804 12 0 Administration expenses .. .. .. 9,316 15 1 Interest on purchase price, Hutt Valley estates, Miscellaneous expenses .. .. .. 62 10 0 under Hutt Valley Lands Settlement Act, Management charges on bonds and consolidated 1925 .. .. .. .. .. 5,785 15 0 stock .. • • ' • • •• 323 3 6 Charges and expenses of raising loans .. 5 16 0 Stamp duty on transfer of consolidated stock 19 17 10 Reserve for depreciation .. .. .. 276 6 6 Land Purchase Controller: Expenses of Board — Travelling-expenses .. • • • • 197 5 0 Telephone services .. .. .. 25 10 0 Preliminary expenses .. .. .. 168 16 7 Salaries .. •• •• •• 1,282 10 5 Postages, &c. . . .. • • • ■ 16 1 Office requisites, printing, &c. .... 23 9 I Advertising ........ 212 6 Audit fees .. .. • • • • 15 0 0 Rent .. •. • • • • • • 43 0 0 Land for Settlement expenses (vote) .. 612 2 0 Balance carried down .. .. .. 56,927 19 7 £473,255 17 9 • £473,255 17 9 £ s. d. £ s. d. To Adjustment on account of previous years .. 2,053 9 4 By Balances brought down .. .. .. 56,927 19 7 Balance .. •• •• 132,634 1 2 Balances from previous year .. .. 77,759 10 11 £134,687 10 6 £134,687 10 6

B.—l [Px. IV].

LAND FOR SETTLEMENTS ACCOUNT —continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Capital— £ s. d. £ s. d. Land .. .. .. .. .. 8,913,338 15 7 Loan Account .. .. 8,515,401 2 8 Land purchased under Hutt Loans redeemed from Con- Valley Lands Settlement Act, £ s. d. solidated Fund .. 92,499 18 4 1925 .. .. .. 158,311 1 11 Crown land included in Sundry expenditure in opening estates ... .. 208,428 0 0 up land .. .. .. 33 3 7 Sales of Crown land .. 1,730,680 4 0 Interest on purchase price .. 5,785 15 0 10,547,009 5 0 Interest on loans .. .. .. .. 106,679 19 1 164,130 0 6 Deposits by lessees of Crown land under sec- Less sales of land .. .. 10,960 0 0 tion 208, Land Act, 1924 .. .. 7,232 17 1 153,170 0 6 Unpaid miscellaneous services—Clifton Estate 5,487 11 6 Timber on Tupurupuru Settlement .. .. 500 0 0 Payments in advance — Advances.. .. .. .. .. 135 10 2 Rents .. .. .. .. .. 7,440 19 8 Unpaid purchase price (not yet payable) of Interest on sales of settlement land .. 2 13 buildings .. .. .. .. 86,588 14 3 Principal instalments on sales of settlement Plant and machinery .. .. .. 3,385 0 0 land .. .. .. .. .. 907 14 0 Furniture and fittings—Land Purchase Board.. 27 0 0 Principal instalments on sales of Crown land 840 17 2 Mechanical office appliances—Lund Purchase Principal instalments on buildings .. .. 215 8 9 Board .. .. .. .. .. 23 0 0 Sundry creditors — Clifton Estate— Public Works Fund .. 40 0 0 Stock and implements .. .. .. 18,247 7 9 Miscellaneous .. .. 11,658 8 9 Improvements .. .. .. .. 2,940 6 4 Miscellaneous —Clifton .. 2,815 17 1 Workings, Suspense .. .. .. 9,724 0 3 14,514 510 Opening up Crown land for settlement (amount Public Works Department rent .. .. 43 0 0 set aside, including interest, under section 47, Fire loss, Suspense Account .. .. 287 16 5 Land for Settlements Act, 1925) .. .. 601,740 3 3 Suspense Account—Teviot Estate .. .. 24 9 3 Hutt Valley Lands Settlement Account .. 13,556 4 7 Suspense Account —Credit to be allocated in Sundry debtors for— £ s. d. accordance with Hutt Valley Lands Settle- Rents, &c. .. .. 111,991 6 11 ment Act, 1925 .. .. .. .. 2,596 4 7 Less reserve for irrecoverable Rents written ofi Suspense Account .. .. 9,308 2 2 rents .. .. .. 2,500 0 0 Rent due but not yet accrued .. .. 104,081 17 9 109,491 611 Depreciation Reserve .. .. .. 815 16 0 Principal instalments on buildings .. 4,187 18 3 Sinking Fund .. .. .. .. 1,190,123 1 4 Insurance premiums, rates, &c. .. .. 85 17 4 Reserve Account, including unexpended loading Sales of Crown land (not yet payable) .. 262,525 7 9 for roads .. .. .. .. 716,493 2 1 Principal instalments .. .. .. 11,070 2 1 Balance of Revenue Account .. .. 132,634 1 2 Interest on sales .. .. .. 3,509 0 5 Sales of settlement land (not yet payable) .. 455,203 13 4 Principal instalments .. .. . . 8,554 3 6 Interest on sales .. .. .. 3,914 0 2 Royalties .. .. .. .. 50 7 6 Coal, rents, and royalties .. .. .. 51 11 0 Interest on investments .. .. .. 1,702 137 Stock, &c., Teviot Station .. .. 699 5 3 Miscellaneous .. . . .. .. 1,106 14 9 Postponed rent .. .. .. .. 93,117 7 7 Postponed principal instalments .. .. 1,657 2 5 Interest accrued but not due .. .. 6,107 13 7 Rents, &c., written off Suspense Account .. 9,308 2 2 Reduction in capital value of £ s. d. land by Revaluation Board 598,330 11 3 Rents written off by Revaluation Board .. .. 99,775 16 1 Remissions of rent, &c., by Revaluation Board .. 42,198 16 6 Revaluation Committee's expenses .. .. .. 7,423 18 1 747,729 1 11 Sinking Fund — Section 4, Finance Act, 1919 56,557 14 5 Section 26, State Advances Act, 1913 .. .. 1,133,565 6 11 1,190,123 1 4 Cash in Public Account .. 679 15 1 Imprests outstanding ... 5,488 I 6 Investment Account .. 127,000 0 0 133,167 16 7 £12,846,738 10 1 £12,846,738 10 1 J. B. Thompson, Under-Secretary of Lands. J. H. O'Donnell, Controller for Accounts. 17th December, 1926. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : — (1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury the departmental figures have been accepted pending the completion of the local examination by the Audit Inspectors. .... _(2) The accounts do not include any charge for interest on capital derived from the sale of Crown lands. (3) No charge for interest and depreciation of buildings has been made against the Clifton Estate. (4) The Reserve Account (£716,493) should be dissected to show its composition. (5) The accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund. - G. P. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

LAND FOR SETTLEMENTS ACCOUNT (DISCHARGED SOLDIERS SETTLEMENT ACCOUNT). Revenue Account foe the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 1,898 13 10 By Accrued rents, &c. .. .. .. 83,553 8 3 Audit fees .. .. .. .. 55 0 0 Interest on sales .. .. .. .. 404 14 0 Improvements to settlements —Vote, Expenses 802 4 3 Interest on purchase price, Mataikona SettleInterest on loans .. .. .. .. 133,176 2 1 ment .. .. .. .. .. 3,601 4 6 Loss on working of estates.. .. .. 84 19 2 Interest on investments .. .. .. 281 13 10 Miscellaneous expenses .. .. .. 122 110 Balance carried down .. .. .. 56,469 15 2 Rebates .. .. .. .. 4,886 11 II Remissions of rents, &c. .. .. .. 982 0 1 Reserve for irrecoverable rents .. .. 2,303 2 7 £144,310 15 9 £144,310 15 9 £ s. d. £ s. d. To Balance brought down .. .. .. 56,469 15 2 By Balance carried forward .. .. .. 225,090 15 6 Balance from previous years .. .. 167,076 4 0 Adjustment on account of previous years .. 1,544 16 4 £225,090 15 6 £225,090 15 6 Balance-sheet as at 31st March, 1926. Liabilities, Assets. Capital Account — £ s. d. £ s. d. £ s. d. Debentures issued ..3,222,050 0 0 Land .. .. .. .. ..2,025,107 4 10 Crown lands—Estates- .. 4,776 0 0 Unpaid purchase price (not yet payable) of land 11,291 19 6 —: — 3,226,826 0 0 Unpaid purchase price (not yet payable) of 79,758 3 8 Sundry creditors — buildings Consolidated Eund, for interest due on loans 334,015 6 7 Mount Pisa Estate—Stock, chattels, machinery, Interest accrued but not due on loans .. 11,596 4 1 &c. .. .. .. .. 528 11 7 Miscellaneous .. .. .. .. 1,762 2 6 Sundry debtors— £ s. d. Payments in advance — Rents, &e. .. .. 46,450 12 3 Rents .. .. .. .. .. 1,738 12 3 Less reserve for irrecoverable Principal instalments on buildings .. .. 158 15 2 rents .. .. .. 1,500 0 0 Principal instalments on sales of lands .. 217 15 1 44,950 12 3 Amounts charged in advance — Principal instalments on buildings.. .. 3,018 2 9 Rents .. .. .. . • . • 20,240 15 1 Principal instalments on sales of land .. 119 19 3 Interest .. .. .. .. 90 0 0 Interest on sales of land .. .. .. 87 12 9 Sinking Eund Reserve .. .. .. 27,175 1 8 Interest on purchase price, Mataikona Estate 20,139 9 6 Writings off in Suspense Account .. .. 6,148 17 5 Interest on investments .. .. .. 67 16 2 Reserve for unexpended loading for roads, &c. 92,410 18 3 Insm-ance premiums .. .. .. 2 19 10 Miscellaneous .. .. .. .. 273 17 11 Bills receivable, Glencoe Settlement drains, &c. 690 0 0 Postponements outstanding—Rent .. .. .. .. .. 54,084 15 1 Principal instalments on buildings .. .. 1,379 18 7 Interest on sales.. .. .. .. 330 12 2 Buildings Suspense Account .. .. 550 0 0 Sinking Eund Account .. .. .. 27,175 1 8 Interest accrued but not due on sales of land .. 130 4 9 Losses in Suspense Account .. .. 6,148 17 5 Depreciation in land-values, &c. .. .. 89,856 19 9 Revaluation Board determinations — £ s. d. Reductions in value of land 866,796 3 6 Reductions ill value of buildings .. .. .. 9,773 15 2 Rents written off .. .. 130,644 3 4 Remissions granted .. 47,118 17 10 Revaluation Committees expenses .. .. .. 5,990 10 10 — 1,060,323 10 8 Balance of Revenue Account .. .. 225,090 15 6 £ s. d. Cash in Public Account .. 20,414 14 8 Imprests outstanding .. .. 858 7 10 Investment Account .. .. 50,000 0 0 — — 71,273 2 6 £3,722,380 8 1 £3,722,380 8 1 J. B. Thompson, Under-Secretary for Lands. 26th July, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the accounts have been compiled from unaudited journal entries of North Auckland, Auckland, Poverty Bay, Taranaki, Wellington, Marlborough, Nelson, Canterbury, and Otago, and audited copies of the Southland, Hawke's Bay, and Westland District Land Boards. The accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund.—G. E. C. Campbell, Controller and Auditor-General.

B.—l [FT. IV].

LANDS AND SURVEY DEPARTMENT. GENERAL ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ g. d. Territorial revenue—Rents, royalties, &c. .. 186,935 4 8 Territorial revenue—Refunds of rents, royalties, &c. 7,599 10 5 Lands and Survey vote —Credits-in-aid under Lands and Survey vote—Salaries, contingencies, section 22, Appropriation Act, 1923 .. 114,139 9 3 and expenses of the Lands and Survey DepartRegistration and other fees — £ s. d. ment .. .. .. .. .. 291,026 19 7 Crown-grant fees .. .. 742 8 3 Registration and other fees—Refunds of CrownFees under Timber-floating Act, grant fees .. .. .. . . 10 0 1908 .. .. .. 61 10 0 Miscellaneous ordinary revenue — Refund of 803 18 3 amount received in previous year on account Miscellaneous ordinary revenue— of repayment of advances .. .. . . 12 0 0 Salaries —Miscellaneous .. 30 0 0 Unauthorized expenditure—Payment of cornRefund of loan for lime, grass- pensation to lessees .. .. .. 246 2 2 seed, &c. .. .. .. 0 9 0 Disbursements under special Acts of the General Rates under Hauraki Plains Assembly—Reserves and other Lands Disposal Amendment Act, 1922, section and Public Bodies Empowering Act, 1925, 5(3) .. .. .. 210 5 sections 15 and 16 (2) .. .. .. 1,258 15 0 Repayment of principal, village- Balance transferred to Treasury Adjustment homestead settlement .. 75 0 0 Account .. .. .. .. .. 5,819 7 9 107 19 5 Interest on public moneys— Interest on advances for lime and grass-seed .. .. .. 8 0 9 Interest on advances under villagehomestead settlement scheme 42 11 8 Interest on advances for roading Hauraki pastoral area .. 9 6 8 59 19 1 Recoveries on account expenditure of previous years — Sale of surplus and obsolete stores, &c. .. .. .. 175 17 0 Sale of motor, &c. .. .. 49 8 9 Sale of typewriters .. .. 6 6 0 Repayment of advances for purchase of lime and grass-seed .. 27 5 4 Refund from State Forest Account of cost of survey .. .. 3,478 13 3 Hire of tractor, Hauraki Plains .. 101 8 11 Recovery of value of stores destroyed by fire .. .. 15 10 0 Recovery of cost of improvements, Otago University Reserve 24 6 0 Recovery of cost of improvements, Hedgehope Settlement .. 38 9 0 3,917 4 3 £305,963 14 11 £305,963 14 11 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ B . d. To Administration charges— By Accrued interest on sales of Crown land .. 13,171 11 10 Advertising .. .. .. .. 2,909 19 0 Accrued rents .. .. .. .. 222,187 12 8 Costs of inspection of Crown and settlement Accrued royalties .. .. .. 14,423 9 8 lands .. .. .. .. 10,041 17 0 Administration expenses from other funds .. 66,906 511 Costs of surveys .. .. .. 22,809 18 3 Crown-grant fees .. .. .. .. 804 18 3 Depreciation .. .. .. .. 2,881 0 3 Interest under section 3 (5), Education Reserves Grants and subsidies — Miscellaneous ex- Amendment Act, 1924 .. .. .. 177 14 4 penses incidental to the administration of Lease, license, transfer, and other fees .. 2,717 16 7 Crown lands .. .. .. .. 20,957 15 1 Miscellaneous office fees .. .. .. 4,438 6 6 Land Board fees and expenses .. .. 4,501 6 6 Miscellaneous receipts .. .. .. 142 6 4 Losses, departmental property .. .. 138 18 10 Miscellaneous services, &c., for other DepartMaintenance and upkeep, instruments, ma- ments .. .. .. .. 43,017 8 0 chinery, and plant .. .. .. 130 6 9 Motor-vehicles .. .. .. .. 1,232 13 10 Office expenses .. .. .. 5,787 15 9 Office fittings and requisites .. .. 4,155 10 5 Postages, telegrams, &c. .. .. 4,171 0 2 Rent of offices .. .. .. •• 10,800 611 Salaries and allowances .. .. .. 185,022 7 6 Telephone services .. .. .. 1,255 12 4 j Travelling-expenses and allowances .. 6,011 3 1 Charges on rents, &c. — Interest under section 20, Discharged Soldiers Settlement Amendment Act, 1923 .. 754 8 5 Irrecoverable rents .. .. .. 2,328 4 9 Loan repayments —Principal and interest — Local bodies'loans .. .. .. 13,711 11 5 Section 47, Land for Settlements Act, 1925 7,861 11 4 Rebates .. .. .. .. 9,611 15 7 Remissions of rent and interest .. .. 1,877 5 9 Special roading districts .. .. 1,160 9 5 " Thirds," " fourths," and " halves " .. 13,034 111 Balance carried down .. .. 34, 840 910 j £367,987 10 1 ! £367,987 10 1 £ s. d. £ s . tl. To Interest on invested capital .. .. 1,859 2 0 By Balance brought down .. .. .. 34,840 910 Balance .. .. •• •• 32,981 7 10 £34,840 9 10 £34,840 9 10 Note. —The above account includes charges for assessed rent on Government buildings and interest on capital for which the Department has no parliamentary appropriation.

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. GENERAL ACCOUNT—continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Capital— £ s. d. £ s. d. Land .. .. .. .. .. 7,086,720 16 6 Interest-bearing .. 41,314 7 9 Unpaid purchase price (not yet payable) of Non-interest-bearing .. 7,165,979 1 5 buildings .. .. .. .. 5,246 10 5 7,207,293 9 2 Unpaid purchase price (not yet payable) of imAppreciation in land-values .. .. 9,038 7 3 provements ... .. .. .. 753 18 6 Discharged Soldiers Settlement Account— Plant on Kapiti Island— £ s. d. Merged interests under section 20, Discharged Buildings .. .. .. 530 0 0 Soldiers Settlement Amendment Act, 1923 16,247 510 Machinery and equipment .. 143 10 0 Public Works Eund .. .. .. 308 1 9 673 10 0 Sundry creditors — Machinery and instruments .. . . 20,615 3 8 Rotorua Borough Council—Proportion of Motor-vehicles .. .. .. .. 209 16 9 rents under Thermal Springs District Act, Bicycle .. .. .. .. .. 20 0 0 1910 .. .. .. .. 57 6 7 Eurniture and fittings .. .. .. 16,727 7 0 Principal instalments under section 20, Dis- Lithographs .. . . .. .. 25,849 9 3 charged Soldiers Settlement Amendment Advances— Act, 1923 .. .. .. .. 271 19 8 Grass-seed and road access .. .. 4,285 15 4 Interest under section 20, Discharged Soldiers Kauri-gum .. .. .. .. 10,000 00 Settlement Amendment Act, 1923 .. 1,377 1 6 Payments out of Consolidated Eund on account Unpaid miscellaneous services .. .. 1,840 6 11 of compensation for improvements.. .. 2,749 15 8 Miscellaneous .. .. .. .. 437 1 1 Suspense Account (cost of providing access) .. 17 2 6 Payments in advance— Sundry debtors— £ s. d. Rents .. .. .. .. .. 1,423 3 11 Rents, &c. .. .. 89,665 16 10 Royalties .. .. .. .. 1,217 2 11 Less reserve for irrecoverable Interest on sales of Crown lands .. .. 16 7 2 rents .. .. .. 1,000 0 0 Miscellaneous office fees, &c. .. .. 77 12 1 — 88,665 16 10 Rents, &c., charged in advance .. .. 62,102 19 5 Royalties .. .. .. .. 2,622 3 9 Depreciation Reserve .. .. .. 9,950 9 9 Principal instalments on buildings .. 898 11 1 Writings-off in Suspense .. .. .. 4,830 11 9 Interest on sales of land .. .. .. 3,317 10 5 Treasury Adjustment Account .. .. 56,743 4 6 Interest on advances .. .. .. 115 1 11 Revenue Account — £ s. d. Miscellaneous office fees .. .. .. 900 0 5 General Account .. .. 32,981 710 Miscellaneous .. .. .. .. 3,335 16 4 Thermal Springs District Act, Postponements— 1910 .. .. .. 7,977 6 4 Rents .. .. .. .. .. 11,965 6 5 Mining Districts Land Occu- Interest on sales of land .. ./. .. 5 6 5 pation .. .. .. 1,798 5 7 Sundry debtors outstanding (amounts accrued 42,756 19 9 but not yet due) — Royalties .. .. .. .. 400 0 0 Unexpired railway season tickets .. .. 397 0 0 Interest on sales of land .. .. .. 3,284 8 4 Losses in suspense .. .. .. 4,830 11 9 Revaluation Board determinations — Reductions in capital value .. .. 83,949 17 0 Remissions of rent .. .. .. 12,295 0 3 Rent written off .. .. .. 10,251 1 7 Committee expenses .. .. .. 5,167210 Local Bodies' Deposit Accounts of sundry Receivers of Land Revenue — £ s. d. Mining district land occupation rents .. .. 1,722 4 0 Cash in Public Account— Thermal Springs District Act, 1910, Deposit Account .. .. 7,997 6 1 9,719 10 1 £7,415,989 11 0 £7,415,989 11 0 Contingent liability, £2,000, being balance purchase price of Stewart Island, held by the Crown, and on which interest at 8 per cent, per annum is being paid in accordance with the agreement entered into with the then owners in 1864. W. Robertson, Assistant Under-Secretary for Lands. 24th February, 1927. J. H. O'Donnell, Controller of Accounts. 1 hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. The following comments are appended : — (1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury the departmental figures have been accepted pending the completion of the examination by the Audit Inspectors. (2) Expenditure under the New Plymouth Harbour Endowment Act, ] 874, totalling £5,555 I3s. Id., should, in the opinion of the Audit Office, be included in the Revenue Account and shown, as a charge against rents. (3) Capital Account is overstated (a) by the total amount of loading for roads, &c., (b) by £2,000 balance of principal unpaid for the purchase of lands in Stewart Island. (4) Instalments of principal included in loan-repayments should not, in the opinion of the Audit Office, be a revenue charge. (5) Separate capital liability bearing interest and sinking-fund charges is not shown for expenditure on Crown lands under the Maori Land Settlement Act, 1905. G. F. C. Campbell, Controller and Auditor-General.

B—l [Pt. IV].

LANDS AND SURVEY DEPARTMENT—continued. MINING DISTRICTS LAND OCCUPATION LEASES. Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Irrecoverable rents .. .. .. 814 2 By Accrued rents .. .. .. .. 1,785 12 5 Balance carried down .. .. .. 1,776 18 3 £1,785 12 5 £1,785 12 5 £ s. d. £ s. d. To Balance carried forward to General Account .. 1,798 5 7 By Balance brought down .. .. .. 1,776 18 3 Balance brought forward previous years .. 21 7 4 £1,798 5 7 £1,798 5 7 THERMAL SPRINGS DISTRICT ACCOUNT. Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Balance carried down .. .. 1,964 9 5 By Accrued rent .. .. .. 1,964 9 5 To Proportion of rents disbursed— £ s. d. £ s. d. Rotorua Borough Council .. .. 1,927 9 8 By Balance brought down .. .. .. 1,964 9 5 Waiariki Maori Land Board .. .. 865 10 3 Balance previous years .. .. .. 8,805 16 10 Balance .. .. .. .. 7,977 6 4 £10,770 6 3 £10,770 6 3 CLUTHA RIVER TRUST ENDOWMENT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Paymentk. £ s. d. To Cash in hand, Ist April, 1925—1n Local Bodies' By Amount paid to River Board under section 128 Deposit Bank Account of the Receiver of Land of the River Boards Act, 1908 .. .. 1,131 16 0 Revenue, Dunedin .. .. .. 64 2 6 Cash in hand, 31st March, 1926 —In Local Bodies' Rents .. .. .. .. 1,173 18 8 Deposit Bank Account of the Receiver of Land Revenue, Dunedin .. .. .. 106 5 2 £1,238 1 2 £1,238 1 2 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. j Gr. £ g,. d. To Amount paid to River Board under section 128 By Balance brought forward from previous year .. 123 3 11 of the River Boards Act, 1908 .. .. 1,131 16 0 Accrued rent .. .. .. .. 1,120 3 6 Balance carried forward .. .. .. 111115 £1,243 7 5 £1,243 7 5 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d Capital .. .. .. .. .. 29,617 42 " Endowment land .. .. .. .. 29,617 4 2 Rents charged in advance .. .. .. 468 7 1 Sundry debtors for rent .. .. .. 473 13 4 Revenue Account —Balance carried forward .. 11l II 5 Cash in Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Dunedin .. .. 106 5 2 £30,197 2 8 £30,197 2 8 J. B. Thompson, Under-Secretary for Lands. 17th December, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the audited copies of journal entries of the District Land Office, Otago, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. GERALDINE COUNTY RIVER DISTRICT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Balance —Cash in bank, Ist April, 1925 .. 113 8 5 B.y Amount paid to Geraldine County River Rents .. .. .. .. .. 228 2 7 Board under the Geraldine County River District Act, 1921-22 .. .. .. 229 8 8 Amount paid into Consolidated Fund on account management expenses .. .. 517 8 Balance—Cash in Local Bodies Deposit Bank Account of the Receiver of Land Revenue, Christchurch .. .. .. .. 106 4 8 £341 11 0 £341 11 0 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Moneys paid to the Geraldine County River By Balance brought forward from previous year.. 50 16 1 Board under the Geraldine County River Accrued rents .. .. .. .. 232 6 3 District Act, 1921-22 .. .. .. 240 5 8 Deductions on account management expenses 6 3 4 Balance carried forward .. .. .. 36 13 4 £283 2 4 £283 2 4 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 5,774 6 8 Land .. .. .. .. .. 5,774 6 8 Rents charged in advance .. .. .. 73 610 Sundry debtors for rent .. .. .. 315 6 Revenue Account—Balance carried forward .. 36 13 4 ! Cash in Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Christchurch .. 106 4 8 £5,884 6 10 £5,884 6 10 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the copies of journal entries of the District Land Office, Canterbury, and correctly state the position as disclosed thereby. The departmental figures have been accepted pending the completion of the local audit.—G. F. C. Campbell, Controller and Auditor-General. GORE HIGH SCHOOL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. Balance —Cash in Local Bodies' Deposit Bank Ac- Payment to Board of Governors of Gore High count of the Receiver of Land Revenue, Invercar- School under section 89 of the Reserves and other gill, on Ist April, 1925 .. .. .. 32 10 0 Lands Disposal Act, 1919 .. .. .. 97 10 0 Rents .. .. .. .. .. 65 0 0 £97 10 0 £97 10 0 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Amount paid to Board of Governors of Gore High By Balance brought forward from previous year .. 16 5 0 School under section 89 of the Reserves and Accrued rents .. .. .. .. 65 0 0 other Lands Disposal Act, 1919 .. .. 97 10 0 Balance carried forward .. .. .. 16 5 0 £97 10 0 97 10 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital .. .. .. .. 1,300 0 0 Land .. .. .. .. 1,300 0 0 Rents charged in advance .. .. .. 16 5 0 Revenue Account—Balance carried forward .. 16 5 0 £1,316 5 0 £1,316 5 0 W. Robertson, Assistant Under-Secretary for Lands. 23rd March, 1927. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the copies of journal entries of the Southland District Land Office, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

11— B. 1 [PT. IV.]

B. —1 [PT. IV],

LANDS AND SURVEY DEPARTMENT —continued. GREYMOUTH TECHNICAL AND HOKITIKA HIGH SCHOOLS ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. cl. Payments. £ s. d. Balance —Cash in Treasury Deposit Account, Ist Administration expenses .. .. .. 19 II 6 April, 1925 .. . . .. .. 561 4 1 Sundry Debtors Account —Amount credited in error Miscellaneous fees, &c. .. .. .. 8 13 0 to educational reserves (secondary), Nelson Rents .. . . .. .. .. 176 11 9 Provincial District . . .. .. .. 0 10 0 Royalties .. .. . . . . .. 314 15 10 Payment to Hokitika High School under section 15, Hokitika High Schools Act, 1883 .. .. 497 18 5 Payment to Greymouth Technical School in terms of the Greymouth High School Act, 1883, and the Reserves and other Lands Disposal Act, 1925, section 49 . . .. .. .. 497 18 5 Balance—Cash in Treasury Deposit Account, 31st March, 1926 .. .. .. .. 45 6 4 £1,061 4 8 £1,061 4 8 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Management expenses .. .. .. 19 11 6 By Rents .. .. .. .. .. 117 6 3 Balance carried down .. .. .. 279 16 1 Royalties . . . . .. .. 182 0 4 Miscellaneous .. .. . . .. 0 10 £299 7 7 £299 7 7 £ s. d. Payment to Hokitika High School under section 15, Balance brought down .. .. .. 279 16 I Hokitika High School Act, 1883 .. .. 497 18 5 Balance brought forward from previous year .. 719 14 10 Payment to Greymouth Technical School in terms Adjustment, previous year . . .. . . 5 10 0 of the Greymouth High School Act, 1883, and the Reserves and other Lands Disposal Act, 1925, section 49 .. .. .. .. 497 18 5 Balance carried forward .. .. .. 9 4 1 £1,005 0 11 £1,005 0 11 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 10,004 0 0 Land .. .. .. .. .. 10,004 0 0 Payments in advance — £ s. d. Sundry debtors for — £ s. d. Rents .. .. .. ..4 5 0 Miscellaneous fees .. .. ..250 Royalties .. .. .. ..016 Rents .. .. .. ..839 4 6 6 Royalties .. .. .. ..006 Rents charged in advance .. .. .. 42 15 0 Miscellaneous .. .. .. 0 10 0 Revenue Account .. .. .. .. 9 4 1 10 19 3 Cash in Deposit Account Treasury .. .. 45 6 4 £10,060 5 7 £10,060 5 7 W. Robertson, Assistant Under-Secretary for Lands. 23rd March, 1927. J. H. 0 Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : (1) The departmental figures have been accepted pending the completion of the local examination by the Westland Audit Inspector ; (2) there is no statutory authority for the charging of management expenses. —6. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IY].

LANDS AND SURVEY DEPARTMENT—continued. HUTT VALLEY LAND SETTLEMENT ACCOUNT. Revenue Account for Period Ist April, 1925, to 31st March, 1926. Dr. £ S. d. Cr. £ s. d. To Balance transferred to Land for Settlements ■ By Accrued rent .. '.. .. ~ 2,521 511 Liability Account .. .. .. 2,596 4 7 ! Accrued interest .. .. .. .. 74 18 8 £2,596 4 7 £2,596 4 7 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. ' Assets. £ s. d. Land for Settlements Account .. .. 13,556 4 7 Sundry debtors, for sales of land, &c. .. .. 4,480 0 0 Sundry creditors—Rent paid in advance .. 210 0 Sundry debtors, for rents .. .. .. 511 5 1 Interest accrued but not yet due .. .. 5 16 6 Land for Settlement Account—Receipts from estates credited in error to Land for Settlement Account .. .. .. .. .. 8,561 13 0 £13,558 14 7 £13,558 14 7 J. B. Thompson, Under-Secretary for Lands. J. H- O'Donnell, Controller of Accounts. 17th December, 1926. MOUMAHAKI ENDOWMENT ACCOUNT. Revenue Account por the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Balance carried forward .. .. .. 1,456 16 11 By Accrued rent and interest on buildings .. 1,456 16 11 £1,456 16 11 £1,456 16 11 Receipts and Payments Account por the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Receipts from sale for cash of buildings, &c. .. 557 14 8 By Balance —Cash in Treasury Deposit Account at Rents and interest on buildings .. .. 1,670 1 2 31st March, 1926— Principal instalments on buildings .. .. 155 2 4 Revenue Account .. .. .. 1,693 10 10 Capital Account .. .. .. 689 7 4 £2,382 18 2 £2,382 18 2 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 36,247 14 8 Land —Capital value of leases .. .. .. 33,780 0 0 Rents charged in advance .. .. .. 444 18 0 Sundry debtors—-Sale of buildings (not yet payable) 1,745 17 6 Revenue Account—Surplus for period .. .. 1,456 16 11 Sundrv debtors for principal instalments on buildings .. .. .. .. .. 9 0 2 Sundry debtors for rent .. .. .. 231 13 9 Cash in Treasury Deposit Account at 31st March, 1926— £ s. d. Revenue Account .. .. 1,693 10 10 Capital Account .. .. 689 7 4 2,382 18 2 £38,149 9 7 £38,149 9 7 W. Robertson, Assistant Under-Secretary for Lands. 15th February, 1927. J. H. O'Donnell, Controller of Accounts. « W\ I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the copies of journal entries of the Wellington District Lands Office, and correctly state the position as disclosed thereby. The following comment is appended : The examination by the Audit Inspectors of the local accounts has not yet been completed, and the Head Office figures have therefore been accepted.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV]i

LANDS AND SURVEY DEPARTMENT—continued. NEW ZEALAND UNIVERSITY ENDOWMENT—WESTLAND ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. £ s. d. To Balance, Ist April, 1925 .. .. •• 1,908 12 5 By Balance—Cash in Treasury DeRents .. .. .. •• 510 0 posit Account .. .. 95 211 Interest on investment .. .. .. 81 0 6 Cash on investment .. 1,900 0 0 — 1,995 2 11 £1,995 2 11 £1,995 2 11 Revenue Account foe the Yeae ended 31st Maech, 1926. Dr. £ s. d. Gr. £ s. d. To Balance transferred to Capita! Account .. 110 13 7 By Accrued rent .. .. .. .. 417 6 Interest accrued on investments .. .. 105 16 1 £110 13 7 £110 13 7 Balance-sheet as at 31st Maecii, 1926. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Capital as at Ist April, 1925 .. 2,016 12 11 Land .. .. .. .. .. 110 0 0 Add surplus for year .. .. 110 13 7 Sundry debtors for rent .. ' .. 0 0 6 2,127 6 6 Interest accrued on investments .. .. 24 15 7 Rents charged in advance .... 212 6 £ s. d. Cash in Treasury Deposit Account 95 2 11 Cash on investment .. .. 1,900 0 0 1,995 2 11 £2,129 19 0 £2,129 19 0 W. Robeetson, Assistant Under-Secretary for Lands. 23rd March, 1927. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the copies of journal entries of the Westland District Lands Office, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General. NORTH ISLAND EXPERIMENTAL DAIRY SCHOOL ACCOUNT. Revenue Account for the Yeae ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Balance carried forward, 31st March, 1926 .. 7,292 12 5 By Balance carried forward, Ist April, 1925 .. 7,047 12 5 Accrued rent .. .. .. .. 245 0 0 £7,292 12 5 £7,292 12 5 Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Balance, Ist April, 1925 .. .. .. 7,098 511 By Balance in Deposit Account, Treasury .. 7,343 511 Rents .. .. .. .. . • 245 0 0 £7,343 5 11 £7,343 5 11 Balance-sheet as at 31st Maech, 1926. Liabilities. £ s. d. Assets. £ s. dCapital .. .. .. .. . • 4,900 0 0 Land .. .. .. .. .. 4,900 0 0 Rents charged in advance .. .. .. 61 5 0 Sundry debtors for rent .. .. .. 10 11 6 Revenue Account —Balance, Ist April, £ s. d. Cash in Deposit Account, Treasury .. .. 7,343 511 1925 7,047 12 5 _ Surplus for year .. .. .. 245 0 0 7,292 12 5 £12,253 17 5 £12,253 17 5 W. Robertson, Assistant Under-Secretary for Lands. 15th February, 1927. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the copies of journal entries of the Taranaki District Land Office, and correctly state the position as disclosed thereby. The following comment is appended: The examination by the Audit Inspectors of the local accounts has not yet been completed, and the Head Office figures have therefore been accepted.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT 4 IY] #

LANDS AND SURVEY DEPARTMENT—continued. OTAGO UNIVERSITY ENDOWMENT ACCOUNT. Revenue Account toe the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 184 14 6 By Balance brought forward from previous year .. 2,480 14 3 Deductions for loans under section 47 of the ' Accrued rents .. .. .. .. 7,372 12 8 Land for Settlements Act, 1915 .. .. 158 J 0 Accrued royalties .. .. .. .. 102 4 2 Amount paid to Otago University under the Otago University Act, 1904 .. .. 7,076 13 9 Amount paid to Dunedin Athenseum under the Otago Museum Act, 1877 .. .. 87 16 0 Reserve Account—Appropriation of revenue for amounts repaid to Consolidated Eund on account compensation for improvements .. 83 14 0 Balance carried forward .. .. .. 2,364 11 10 £9,955 11 1 £9,955 11 1 Receipts and Payments Account tor the Yeae ended 31st March, 1926. Receipts. Payments. £ s. d. To Cash in hand, Ist April, 1925 — £ s. d. £ s. d. By Deductions for loans under section 47 of the In Local Bodies' Deposit Bank Land for Settlements Act, 1925 .. .. 158 1 0 Account of the Receiver of Administration expenses .. .. .. 184 14 6 Land Revenue, Dunedin .. 2,104 6 7 Repayments to Consolidated Fund on account In Local Bodies' Deposit Bank amount paid for compensation for improveAccount of the Receiver of ments .. .. .. .. .. 62 15 0 Land Revenue, Invercargill 633 10 10 Amount paid to the Otago University under the 2,737 17 5 Otago University Act, 1904 .. .. 7,076 13 9 Rents .. .. .. .. 7,357 15 2 Amount paid to the Dunedin, Athenaeum under Royalties .. .. .. .. 102 4 2 the Otago Museum Act, 1877 .. .. 87 16 0 Cash in hand, 31st March, 1926— In Local Bodies' Deposit Bank Account of the Receiver of £ s. d. Land Revenue, Dunedin .. 1,968 8 0 In Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Invercargill 659 8 6 2,627 16 6 £10,197 16 9 £10,197 16 9 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 156,416 0 0 Land .. .. .. .. .. 154,551 0 0 Consolidated Eund—For compensation paid for Sundry debtors for rent .. .. .. 1,613 19 9 improvements effected by lessees on endowment Rent postponed .. .. .. .. 208 13 0 land .. .. .. .. .. 728 11 0 Sundry debtors for unpaid purchase price of buildRents charged in advance .. .. .. 2,020 19 0 ings (not yet due) .. .. .. .. 448 12 6 Reserve Account .. .. .. .. 83 14 0 Sundry debtors for principal instalments on buildRevenue Account—Balance carried forward .. 2,364 11 10 ings .. .. .. .. .. 37 12 1 Reductions in capital value by the Revaluation Board .. .. .. .. .. 1,865 0 0 Rent written off by the Revaluation Board .. 261 2 0 Cash in hand, 31st March, 1926— In Local Bodies' Deposit Bank Account of the Receiver of Land £ s. d. Revenue, Dunedin .. ..1,968 8 0 In Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Invercargill .. 659 8 6 J 2,627 16 6 £161,613 15 10 £161,613 15 10 J. B. Thompson, Under-Secretary for Lands. 17th December, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the copies of journal entries of the Otago and Southland District Land Offices submitted for audit, and correctly state the position as disclosed thereby.—Gr. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IY].

LANDS AND SURVEY DEPARTMENT—continued. PRIMARY EDUCATION ENDOWMENTS DEPOSIT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. jßeceipts. £ s. d, ' Payments. £ a. d. To Balance in Public Account, Ist April, 1925 4,722 5 1 By Payments for primary-education purposes .. 109,040 6 5 Rents, &c., derived under section 4, Educa- Administration expenses, including disburse tion Reserves Amendment Act, 1924 .. 118,532 12 10 ments on account repairs and surveys .. 6,227 14 0 Sales of land under section 3, Education Refunds of revenue .. .. .. 3,264 12 5 Reserves Amendment Act, 1914 .. 2,770 10 0 Balance in Public Account, 31st March, 1926 7,492 15 1 £126,025 7 11 £126,025 7 11 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Loan repayments under section 47, Land for By Accrued rents, &c. .. .. .. 115,925 14 7 Settlements Act, 1925.. .. .. 405 2 9 Accrued royalties .. .. .. 1,125 5 4 Irrecoverable rents .. .. .. 229 5 9 Interest on cash and investments held by Remissions of rents .. . . . . 99 16 5 Public Trustee .. .. .. 1,127 1 4 Administration expenses .. .. 5,660 4 2 Miscellaneous receipts .. .. .. 315 0 Survey costs . .. . . 265 2 11 Maintenance and repairs .. . . 184 1 8 Payments for primary-education purposes .. 109,040 6 5 Balance carried down .. .. .. 2,297 16 2 — • £118,181 16 3 £118,181 16 3 1 £ s. d. £ s. d. To Adjustments on account previous years .. 515 11 0 Bv Balance from previous years .. .. 675 15 3 Balance .. .. .. .. 2,458 0 5 Balance brought down .. .. .. 2,297 16 2 £2,973 11 5 £2,973 11 5 Balance-sheet as at 31st March, 1926. Liabilities. Assets. Capital Account— £ s. d. Capital, including loading £ s. d. £ s. d. Land .. .. .. .. .. 2,329,732 14 8 for roads, &c. .. .. 2,240,316 3 4 Unpaid purchase price (not yet payable)— Appreciation in land-values 128,248 0 8 Land .. .. .. .. .. 1,363 7 2 2,368,564 4 0 Buildings .. .. .. .. 5,330 12 4 Discharged Soldiers Settlement Account (sec- Sundry debtors— £ s. d. tion 20, Discharged Soldiers Settlement Rents .. .. .. 16.384 19 8 Amendment Act, 1923) .. .. .. 240 0 0 Less reserve for irrecoverSundry creditors—Miscellaneous .. .. 793 6 0 able rents .. .. 200 0 0 Payments in advance — 16,184 19 8 Rents, &c. .. .. .. .. 244 9 11 Royalties .. .. .. .. 196 19 6 Royalties .. .. .. .. 3 6 3 Principal instalments on buildings .. .. 13 17 6 Rents, &c., charged in advance .. .. 22,529 7 8 Interest on investments .. .. .. 23 1 6 Writings-off in suspense .. .. .. 633 4 2 Law-costs . . .. .. .. 7 3 0 Revenue Account, balance carried forward .. 2,458 0 5 Miscellaneous .. .. .. .. 333 6 8 Postponed rent .. .. .. .. 7,264 6 6 Interest accrued but not due on investments .. 29 5 4 Outstanding rents in suspense .. .. 633 4 2 Revaluation Board determinations — £ s. d. Reductions in value of land .. 3,600 0 0 Rents written off .. 446 0 0 Remissions of rent .. .. 361 0 10 — 4,407 0 10 Investments held by Public Trustee .. .. 3,310 0 0 Cash held by Public Trustee .. 19,143 4 6 Cash in Public Account .. .. .. 7,492 15 1 £2,395,465 18 5 £2,395,465 18 5 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except —(1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury the departmental figures have been accepted pending the completion of the local examinations by the Audit Inspectors ; (2) the Capital Account is overstated by the total amount the land was loaded for roading, &c. ; (3) in the opinion of the Audit Office instalments of principal included in loan-repayments should not be a charge against the Revenue Account.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. ROTORUA. COLLEGE AND GRAMMAR SCHOOL DEPOSIT ACCOUNT. Revenue Account for the Year ended 31st March, 1926. jDr. £ s. d. I Or. £ s. d. To Balance transferred to accumulated funds .. 1,117 2 8 By Accrued rent .. .. .. .. 927 19 6 Interest on investments .. .. .. 189 3 2 £1,117 2 8 £1,117 2 8 Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. j Payments. £ s. d. To Cash in Public Account, Ist April, 1925 .. 4,543 16 0i By Cash in Public Account, 31st March, 1926 .. 1,495 17 0 Rents .. .. .. .. .. 829 4 1 Cash in Investment Account, 31st March, 1926 4,700 0 0 Interest on investments .. .. .. 182 8 11 Annual instalment of amount overpaid to Secondary Education Deposit Account .. 640 8 0 £6,195 17 0 i £6,195 17 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 18,325 0 0 Endowment land .. .. .. .. 18,325 0 0 Rents, See., charged in advance .. .. 231 19 10 Sundry debtors for rent .. .. .. 397 7 6 Sundry creditors —Miscellaneous .. .. 30 0 0 Overpayment to secondary schools being repaid Accumulated funds — £ s. d. by annual instalments .. .. .. 4,4-82 16 0 Balance at Ist April, 1925 .. 9,726 15 6 Interest accrued but not due on investments .. 29 17 6 Transfer from Revenue Account 1,11728 £ s. d. 10,843 18 2 Cash in Public Account .. 1,495 17 0, Cash in Investment Account .. 4,700 0 0 6,195 17 0 £29,430 18 0 £29,430 18 0 17th December, 1926. J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of the District Lands Office, Auckland, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General. SCENIC RESERVES. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Rents, royalties, &c. .. .. .. 4,041 9 2 By Refunds of rent .. .. .. .. 301 0 3 Miscellaneous .. .. .. .. 55 0 0 Sundry creditors .. .. .. .. 10 0 Balance —transferred to Treasury Adjustment Scenery preservation vote— £ s. d. Account .. .. .. .. 16,753 4 4 Purchases of new reserves 17,775 1 6 Compensation for Native land taken .. .. .. 148 5 9 Expenditure on reserves .. 1,763 3 7 Board expenses .. .. 9 8 5 Expenses for clearing noxious weeds, &c. . . .. 546 8 0 Surveys, valuations, and incidental expenses .. 305 6 0 20,547 13 3 £20,849 13 6 £20,849 13 6 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Loan repayments (principal and interest) under By Accrued rents and royalties.. .. .. 2,017 4 11 section 47, Land for Settlements Act, 1925 .. 14 9 4 Miscellaneous receipts .. .. .. 15 0 0 " Thirds" and " halves" .. .. .. 126 18 6 Balance carried down .. .. .. 7,260 16 4 Rebates of rent .. . . .. .. 615 0 Irrecoverable rents . . .. .. 10 16 6 Administration of scenic reserves, &c. .. 419 15 5 Salary of caretaker and clearing fire-belt, Trounson Kauri Forest .. .. .. 1,281 9 1 Expenses of Scenery Preservation Board, &c. .. 9 8 5 Miscellaneous .. .. .. .. 7 9 0 Interest on capital invested in scenic reserves.. 7,416 0 0 £9,293 1 3 £9,293 1 3 ===== £ s. d. £ s. d. By Adjustment on account previous years .. 2,829 4 3 To Balance brought down .. .. .. 7,260 16 4 Balance—Accumulated excess of charges over Balance from previous year .. .. .. 7,797 3 3 revenue .. .. .. .. 12,228 15 4 £15,057 19 7 £15,057 19 7

B.—l [Pt. TV].

LANDS AND SURVEY DEPARTMENT—continued. SCENIC RESERVES—continued. Balance-sheet as at 31st March, 1926. Liabilities. \ Assets. £ s. d £ s. d. £ s. d. | Land—Scenic reserves .. .. .. 215,015 17 9 Capital as at Ist April, 1925 .. 164,806 2 9 Native Land Settlement Account—Land purCapital expenditure during year 18,626 14 1 chased for exchange purposes .. .. 5,094 8 4 Reserve Account -— Value of Sundry debtors for sales .. .. .. 450 0 0 Crown land set aside .. 39,636 611 Sundry debtors for rents .. .. .. 413 19 8 —— 223,069 3 9 ' Sundry debtors for royalties .. .. .. 668 16 9 Treasury Adjustment Account .. .. 10,966 16 1 Sundry debtors-—Miscellaneous .. .. 13 0 Payments in advance— £ s. d. Postponed rent* .. .. .. .. 208 3 6 Rents .. .. .. .. 416 2 Remissions by Revaluation Board .. .. 174 0 0 Royalties .. .. .. 419 6 Outstanding Rents Suspense .. .. .. 2 0 0 — 915 8 Revenue Account—Accumulated excess of charges Sundry creditors .. .. .. .. 55 00 | over revenue .. .. .. .. 12,228 15 4 Rents charged in advance .. .. .. 154 810 Writings off in Suspense .. .. .. 2 0 0 £234,257 4 4 £234,257 4 4 11th October, 1926. J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Receipts and Payments Account, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : (1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury, the departmental figures have been accepted pending the completion of the local examination by the Audit Inspectors ; (2) there is no statutory authority for recouping the account for the land purchased for exchange purposes which, nnder section 25 of the Reserves and other Lands Disposal Act, 1925, is available for disposal as Ciown lands, the proceeds to be paid to the Native Land Settlement Accounts—G. F. C. Campbell, Controller and Auditor-General. SECONDARY-EDUCATION ENDOWMENTS DEPOSIT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 192 G. Receipts. £ s. d. Payments. £ s . d. To Balance in Public Account, Ist April, 1925 .. 3,370 10 10 By Payments to secondary schools .. .. 8,573 0 5 Rents under section 2, Education Reserves Rotorua College and Grammer School .. 640 8 0 Amendment Act, 1914 .. .. .. 10,551 18 8 Greymouth and Hokitika Boys' and Girls' Sales under section 2, Education Reserves High School (revenue credited in error to Amendment Act, 1914 .. .. .. 268 0 0 Secondary Education Deposit Account) .. 1,035 811 Royalties under section 2, Education Reserves Administration expenses .. .. .. 568 13 2 Amendment Act, 1914 .. .. .. 136 19 9 Survey costs, &c. .. .. .. 52 4 10 Interest on investments held by Public Trustee 115 4 8 Maintenance and repairs .. .. .. 12 10 6 Miscellaneous receipts .. .. .. 40 1 0 Refunds of revenue .. .. .. 100 3 6 Revenue belonging to Greymouth and Hoki- Balance in Public Account, 31st March, 1926 3,949 810 tika Boys' and Girls' High School Account credited to Secondary Education Deposit Account in error .. .. . . 449 3 3 £14,931 18 2 £14,931 18 2 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s . d. To Loan repayments (principal and interest) By Accrued rents, &c. .. .. .. 9,899 10 5 under section 47, Land for Settlements Act, Accrued royalties .. .. .. 137 4 3 1925 .. .. .. .. .. 20 4 6 Interest on cash held by the Public Trustee .. 44 5 10 Survey costs, &c. .. .. .. 52 410 Miscellaneous .. .. .. .. 40 1 0 Administration expenses .. .. .. 536 11 2 Maintenance and repairs .. .. . . 12 10 6 Botorua College and Grammer School .. 640 8 0 Interest on payments from the Consolidated Fund under section 3, Education Reserves Amendment Act, 1924 .. .. .. 177 14 4 Balance (surplus for year) carried down .. 8,681 8 2 £10,121 1 6 £10,121 1 6 £ s - <3. £ s. d. To Payments to secondary schools .. .. 8,658 11 5 By Balance brought down .. .. .. 8,681 8 2 Adjustment on account revenue wrongly Balance from previous year .. .. 3,122 16 7 credited in previous years. &e. .. .. 755 4 6 Balance 2,390 8 10 £11,804 4 9 £11,804 4 9

B.—l [Pt. IY]'.B

LANDS AND SURVEY DEPARTMENT—continued. SECONDARY EDUCATION ENDOWMENTS DEPOSIT ACCOUNT —continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Capital Account— £ s. d. £ s. d. Land .. .. .. .. .. 205,299 19 11 Capital, including loading for £ s. d. roads, &c. .. .. 186,054 0 9 Sundry debtors for rent .. .. 904 9 2 Appreciation in land-values .. 18,548 11 7 Less reserve for irrecoverable rents 10 13 3 204,602 12 4 893 15 11 Sundry creditors— Sundry debtors for royalties .. .. 0 4 6 Miscellaneous .. .. .. .. 210 0 Postponed rent .. .. .. . . 46 15 0 Rents paid in advance .. .. .. 14 3 4 Miscellaneous sundry debtors .. .. 30 0 0 Consolidated Fund—For compensation for Outstanding rents, suspense .. .. 116 9 improvements and interest .. .. 2,021 4 8 Overpayments to secondary schools.. .. 4,482 16 0 Writings-off in suspense .. .. .. 116 9 Cash held by Public Trustee .. .. 788 5 0 Rotorua College and Grammar School .. 4,482 16 o Cash in Public Account .. .. .. 3,949 810 Rents charged in advance .. .. .. 1,977 10 0 Revenue Account —Balance .. .. .. 2,390 8 10 £215,502 11 11 £215,502 11 11 J. B. Thompson, Under-Secretary for Lands. 16th December, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Beceipts and Bayments, Bevenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except —(1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Boverty Bay, Wellington, Nelson, Marlborough, and Canterbury the departmental figures have been accepted pending the completion of the local examinations by the Audit Inspectors ; (2) the Capital Account is overstated by the total amount the land was loaded for roading, &c. ; (3) in the opinion of the Audit Office, instalments of principal included in loan-repayments should not be a charge against the Bevenue Account. — G. F. C. Campbell, Controller and Auditor-General. TARANAKI SCHOLARSHIP ENDOWMENT ACCOUNT. (Established under section 22 of the New Zealand University Amendment Act, 1914.) Beceipts and Bayments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Balance as at Ist April, 1925.. .. .. 358 1 0 By Payments to Public Trustee in terms of section 22, Rents .. .. .. .. .. 989 14 3 New Zealand University Amendment Act, 1914 852 17 9 Balance—Cash in Treasury Deposit Account on 31st March, 1926 .. .. .. 494 17 6 £1,347 15 3 £1,347 15 3 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Payments to Public Trustee in terms of section 22, By Balance brought forward .. .. .. 11l 1 0 New Zealand University Amendment Act, 1914 852 17 9 Accrued rents .. .. .. .. 989 15 0 Balance carried forward .. .. .. 247 18 3 £1,100 16 0 £1,100 16 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 25,893 0 0 Land—Capital value.. .. .. .. 25,893 0 0 Rents charged in advance .. .. .. 247 0 0 Sundry debtors, for rent .. .. .. 0 0 9 Revenue Account—Balance carried forward .. 247 18 3 Cash in Treasury Deposit Account .. .. 494 17 6 £26,387 18 3 £26,387 18 3 J. B. Thompson, Under-Secretary for Lands. 11th October, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Bayments, Revenue Account, and Balance-sheet have been duly examined and compared with copies of unaudited journal entries of the Taranaki District Land Board, and correctly state the position as disclosed thereby, except that no charge for administration has been made as provided by section 22 of the New Zealand University Act, 1914. —G. F. C. Campbell, Controller and Auditor-General. VICTORIA COLLEGE ENDOWMENT ACCOUNT. Beceipts and Bayments Account for the Year ended 31st March, 1926. Receipts. £ s. .d Payments. £ s. d. To Balance, Ist April, 1925 .. .. .. 66 15 0 By Payment to governing body, .Victoria University Rents .. .. .. .. .. 143 12 6 College, under sections 38 and 39, Victoria Grazing .. .. .. .. .. 59 11 4 College Act, 1905 .. .. .. .. 205 16 6 Balance—Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington.. 64 2 4 £269 18 10 £269 18 10

12— B. 1 [PT. IYJ.

B.—l [TT. IVI.

LANDS AND SURVEY DEPARTMENT—continued. VICTORIA COLLEGE ENDOWMENT ACCOUNT—continued. Revenue Account foe the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Reserve for rents irrecoverable .. .. 174 9 4 By Balance forward from previous year .. .. 241 11 7 Amount due to Victoria University College under Accrued rents .. .. .. 196 6 2 sections 38 and 39 of the Victoria College Act, Accrued grazing .. .. .. .. 86 12 5 1905 .. .. .. .. .. 205 16 6 Balance carried forward .. .. .. 144 4 4 £524 10 2 £524 10 2 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,965 0 0 Endowment land .. .. .. .. 3,965 0 0 Rents charged in advance .. .. .. 49 10 0 Sundry debtors for rent .. .. .. 284 1 4 Reserve for bad debts .. .. .. 174 9 4 Sundry debtors for grazing .. .. .. 20 0 0 Revenue Account—Balance carried forward .. 144 4 4 Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington .. 64 2 4 £4,333 3 8 £4,333 3 8 11th October, 1926. J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statements of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with copies of unaudited journal entries of the Wellington District Land Board submitted for audit, and correctly state the position as disclosed thereby, except that no charge for administration has been made as provided by section 39 of the Victoria College Act, 1905.— G. F. C. Campbell, Controller and Auditor-General. WAIPIATA-HAMILTON'S LIBRARY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Rents .. .. .. .. .. 13J10 8 By Payments to trustees of the WaipiataHamiltons library under section 93 of the Reserves and other Lands Disposal and Public Bodies' Empowering Act, 1917 .. 13 10 8 £13 10 8 £13 10 8 Revenue Account for the Year ended 31st March, 1926, Dr. £ s. d. Cr. £ s. d To Balance brought forward from previous year.. 3 7 8 By Accrued rent .. .. .. .. 13 10 8 Amount paid to trustees of library under sec- Balance carried forward .. .. .. 3 7 8 tion 93 of the Reserves and other Lands Disposal and Public Bodies' Empowering Act, 1917 .. .. .. .. .. 13 10 8 £16 18 4 £16 18 4 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 338 13 2 Endowment land .. .. .. .. 338 13 2 Rents charged in advance .. .. .. 3 7 8 Revenue Account—Balance carried forward .. 3-7 8 £342 0 10 £342 0 10 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the audited copies of journal entries of the District Land Office, Otago, and correctly state the position as disclosed thereby.—G. F. 0. Campbell, Controller and Auditor-General. WAIROA HARBOUR ENDOWMENT ACCOUNT. (Established under section 31 of the Reserves and other Lands Disposal and Public Bodies Empowering Act, 1915.) Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Rents .. .. .. .. .. 132 10 7 By Deductions for "thirds," &c., under section 124, Land Act, 1924 .. .. .. .. 42 10 8 Lands and Survey vote —Administration expenses 6 19 6 Wairoa Harbour Fund—Payments under section 31, Reserves Disposal Act, 1915 .. .. 44 19 11 Balance in Receiver of Land Revenue's Gisborne Local Bodies' Deposit bank account .. .. 38 0 6 £132 10 7 £132 10 7

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. WAIROA HARBOUR BOARD ENDOWMENT ACCOUNT—continued. Revenue Account foe the Yeas ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To " Thirds," &c., deducted from revenues under By Accrued rent .. .. ~ .. 104 12 6 section 136, Land Act, 1924.. .. .. 42 10 8 Rebates of rent .. .. .. .. 6 19 5 Administration expenses ...... 6 19 6 • Amount paid to Wairoa Harbour Fund under section 31, Reserves Disposal Act, 1915 .. 44 19 11 Balance carried forward .. .. .. 3 3 0 £104 12 6 , £104 12 6 =» i r ■ — Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. •• •• 3,100 0 0 Land .. .. .. .. .. 3,100 0 0 Rents charged in advance .. .. .. 34 17 6 Cash in Receiver of Land Revenue's Local Bodies' Balance of Revenue Account .. .. .. 3 3 0 Deposit bank account .. .. .. 38 0 6 £3,138 0 6 £3,138 0 6 J. B. Thompson, Under-Secretary for Lands. 11th October, 1926. J. H. O'Donnell, Controller of Accounts. 1 hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of the District Land Office, Poverty Bay, and correctly state the position as disclosed thereby.—G. P. C. Campbell, Controller and Auditor-General. WANGANUI HARBOUR BOARD ENDOWMENT ACCOUNT. (Established under the Wanganui Harbour Endowment and Borrowing Act, 1877.) Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Balance —Cash in hand, Ist April, 1925 .. .. 23 14 6 By Payments to Wanganui Harbour Board under the Rents .. .. .. .. .. 46 10 9 Wanganui Harbour Endowment &c., Act, 1877.. 44 19 6 Balance—Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington 25 5 9 £70 5 3 £70 5 3 Revenue Account for the Year ended 31st March, 1926. Dr. £ S. d. Gr. £ s . d 4 To Payments to Wanganui Harbour Board under the By Balance brought forward from previous year .. 13 3 5 Wanganui Harbour Endowment &c., Act, 1877.. 44 19 6 Accrued rents .. .. .. .. 46 3 6 Balance carried forward .. .. 14 7 5 £59 6 11 £59 6 11 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. •• 1,080 0 0 Endowment land .. .. .. .. 1,080 0 0 Rents charged in advance .. .. .. 11 10 10 Sundry debtors, for rent .. .. .. 012 6 Revenue Account —Balance carried forward .. 14 7 5 Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington .. .. 25 5 9 £1,105 18 3 £1,105 18 3 J. B. Thompson, Under-Secretary for Lands. 11th October, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been examined and compared with unaudited copies of journal entries of the Wellington District Land Board, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continuedWANGANUI RIVER TRUST ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ 8. d. To Balance, Ist April, 1925 .. .. .. 323 9 2 By Refund of rent .. .. .. .. 50 0 0 Rents .. .. .. .. .. 753 13 4 Payments to Wanganui River Trust under Wanganui River Trust Act, 1891 .. .. 671 10 1 Balance 31st March, 1926, in Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Wellington .. .. .. 355 12 5 £1,077 2 6 £1,077 2 6 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. dTo Rebates .. .. .. .. .. 116 0 By Accrued rent .. .. .. .. 1,000 1 5 Writings off in Suspense—Amount irrecoverable transferred to Suspense Account pending appropriation .. .. .. .. 0 0 3 Amount paid to Wanganui River Trust under Wanganui River Trust Act, 1891 .. .. 671 10 1 Balance carried down .. .. .. 326 15 1 £1,000 1 5 £1,000 1 5 £ s. d. £ s. d. To Balance carried forward .. .. .. 785 7 2 Balance brought down .. .. .. 326 15 1 Balance brought forward from previous year .. 458 12 1 £785 7 2 £785 7 2 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 19,621 0 0 Land .. .. .. .. .. 18,516 0 0 Sundry creditors—Rents paid in advance .. 82 14 7 Sundry debtors for rent .. .. .. 648 14 6 Rents charged in advance .. .. .. 224 15 0 Sundry debtors, miscellaneous .. .. 213 0 Revenue Account—Balance carried forward .. 785 7 2 Reduction in capital values by Revaluation Board 1,105 0 0 Rents remitted by Revaluation Board .. .. 60 1 6 Rents written off by Revaluation Board .. 25 15 4 Cash in Local Bodies' Deposit Bank Account of the Receiver of Land Revenue, Wellington .. 355 12 5 £20,713 16 9 £20,713 16 9 17th December, 1926. J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with copies of unaudited journal entries of the Wellington District Land Office submitted for audit, and correctly state the position as disclosed thereby, except that no charge for administration has been made as provided by section 6 of the Wanganui River Trust Act, 1891. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV.

LEGISLATIVE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. £ s. d. £ s . a. To Honoraria of members and officers .. .. 47,384 16 7 By Sale of publications .. .. 4,522 3 0 Salaries .. .. .. .. .. 28,099 6 8 Profit on sale of typewriters .. .. 19 14 0 Cleaning, &c. .. .. .. .. 2,987 15 4 Balance carried down .. .. .. 169 035 7 2 Fuel and light .. .. .. .. 2,031 511 Laundry .. .. .. .. 113 11 9 Maintenance of grounds .. .. .. 190 3 9 Newspapers .. .. .. .. 172 8 8 Postages, telegrams, telephones, &e. .. 1,255 19 10 Postage-stamps supplied to members .. 2,225 10 0 Printing and stationery .. .. .. 18,804 (i 9 Rent of buildings.. .. .. .. 27,302 0 0 Typewriter repairs .. .. .. 2115 11 Railway concessions to and travelling-expenses of members .. .. .. .. 26,839 15 10 Uniforms .. .. .. .. 129 6 9 Winding clocks, refreshments messengers, &c. 337 13 0 Loss on sale of furniture .. .. .. 9 8 0 Depreciation on furniture, fittings, library, &c. 6,610 13 5 Bellamy's—■ Salaries .. .. 5,210 19 11 Cleaning, &c. .. .. 310 0 0 Fuel and light .. .. 650 0 0 Laundry .. .. 177 4 6 Maintenance and depreciation of silver, glassware, &c. .. .. .. 242 14 2 Maintenance of staff .. 795 13 6 Printing and stationery .. 150 0 0 Rent .. .. .. 1,000 0 0 Stores consumed, uniforms, &c. .. .. .. 211 19 9 Loss by shortages and breakages crockery, &c. 183 9 8 Depreciation furniture and fittings .. .. 129 4 6 — 9,061 6 0 4J! £173,577 4 2 £ s. d. £ s. d. To Balance brought down .. .. 169,035 7 2 By Excess of expenditure over income after chargInterest on capital— £ s. d. ing interest on capital .. .. ~ 174 525 0 2 Legislative .. .. 5,263 13 8 Bellamy's .. .. 225 19 4 — 5,489 13 0 £174,525 0 2 £174,525 0 2 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : Rental value as assessed by Public Works Department ; Interest at 4 J per cent, on capital as at Ist April, 1925; services rendered by Native Department. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. £ s . d. £ s. d. Capital— Furniture and fittings— Legislative .. .. .. 116,970 15 10 Legislative .. .. .. 28,991 15 0 Bellamy's .. .. .. 5,021 9 3 Bellamy's .. .. .. 1,723 0 6 121,992 5 1 Sundry creditors .. .. .. 1,764 3 8 30,714 15 6 Depreciation Reserve— Less reserve for writing off .. 9 8 0 General Assembly Library .. 22,941 4 5 30,705 7 6 Legislative .. .. .. 2,673 610 Mechanical appliances .. .. .. j [6g 5 9 Bellamy's .. ~ .. 129 4 6 Bellamy's— —— 25,743 15 9 Crockery, silverware, &c. .. 3,614 3 4 Treasury Adjustment Account .. .. 152,075 10 9 Consumable goods .. .. 131 13 8 3,745 17 0 Less reserve for writing off .. 183 9 8 „ 3,562 7 4 General Assembly Library .. .. 79,723 ] g 10 Books of reference .. .. .. 8 605 18 6 Publications at Printing Office .. .. 420 17 6 Stationery on hand .. .. .. 43Q g 4 Sundry debtors .. .. .. 2,427 11 4 Excess of expenditure over income .. 174,525 0 2 £301,575 15 3 £301,575 15 3 Note.—The Balance-sheet includes assets transferred from the Department of Internal Affairs without any payment being made to that Department. E. W. Kane, Clerk, House of Representatives. H. W. Harris, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes.—G-. F. C. Campbell, Controller and Auditor-General.

B.—l [Pt. IV].

MENTAL HOSPITALS DEPARTMENT. Institutional Account for the Year ended 31st March, 1926.

Auckland. Christchurch. ; Dunedin. Hokitika. Nelson. Porirua. Tokanui. Totals. Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Salaries .. .. 28,903 9 1033,027 5 1142,786 4 713,060 3 413,006 9 938,369 4 412,436 19 10181,589 17 7 Official visitors .. .. 48 6 0 23 2 0 37 16 0 10 10 0 .. .. .. 119 14 0 Advertising .. .. 63 0 5 24 9 3 18 15 10 9 8 11 11 1 11 11 13 2 6 7 9 144 17 3 Bacteriological research .. 4 10 0 266 026 19 15 4 .1 26 836 .. 36 04 Bedding and clothing .. .. 3,527 17 0 4,976 16 0 771 11 10 1,443 12 0 4,445 0 4 .. 15,164 17 2 Buildings, repairs, to. .. 5,240 19 0 2,202 9 8 3,577 9 1 620 16 1 2,367 0 7 3,748 1 8 1,677 9 10 19,434 5 11 Dental services .. .. 100 11 10 153 0 2 59 13 6 77 3 1 119 2 1 154 2 3 19 12 8 683 5 7 Farm-produce consumed .. 2,850 15 4 4,818 12 7 7,985 0 4 510 11 6 2,018 11 3 3,635 1 5 3,763 16 1 25,582 8 6 Fencing, draining, roading, .. 24 7 6 187 49 2 17 7 054 481 061 219 9 4 &c. Freights, cartages, to. .. 31 11 6 61 5 3 302 17 3 46 10 1 120 9 9 291 1 11 131 1 11 984 17 8 Fuel and light .. .. 5,237 6 7 5,350 7 3 6,343 17 2 750 19 2 2,056 2 11 4,486 0 9 1,664 4 9 25,888 18 7 Funeral expenses .. 70 0 1 44 0 0 15 0 0 7 10 0 7 15 0 79 15 0 34 9 6 258 9 7 Furniture repairs, to. .. 574 9 10 899 11 8 731 9 0 131 13 11 92 12 6 2,212 6 10 1,350 13 2 5,992 16 11 Gardens and shrubberies .. 11 8 4 95 10 7 68 15 2 15 0 0 19 15 1 51 13 8 18 8 0 280 10 10 Laundry expenses .. 449 19 1 498 7 7 1,954 2 6 965 9 0 229 7 11 330 10 6 302 9 6 4,730 6 1 Law costs .. .. .. .. 0 10 6 .. 436 .. .. 4 14 0 Machinery repairs, to. .. 105 8 6 208 1 11 244 12 7 9 1 4 15 2 0 265 8 3 148 4 3 995 18 10 Maintenance of motor-vehicles 8 2 8 88 0 5 354 6 8 77 12 11 124 13 6 477 10 0 70 6 5 1,200 12 7 Medical fees .. .. 214 17 6 174 18 11 159 17 3 9 0 0 17 1 6 351 5 6 22 9 3 949 9 11 Nursing staff— Engagement of .. .. .. .. .. 080 26 80 076 27 36 Treatment in general hos- 29 17 0 2 7 0 15 0 0 33 15 0 5 9 6 .. .. 86 8 6 pitals Uniforms .. .. 318 9 10 357 19 3 686 10 8 154 13 10 142 12 4 491 8 1 172 6 2 2,324 0 2 Office equipment .. 45 5 8 29 2 4 19 8 6 19 14 5 19 19 11 29 16 6 18 2 6 181 9 10 Patients — Patients' friend .. .. 100 0 0 100 0 0 .. .. .. .. 200 0 0 Gratuities .. .. 125 4 2 26 2 5 360 11 10 46 6 11 92 16 4 74 18 7 8 4 11 734 5 2 Recreation .. .. 1,271 13 3 1,296 2 7 2,346 7 3 343 12 10 489 14 7 1,945 18 3 438 2 8 8,131 11 5 Transfer expenses .. 30 0 1 98 17 2 5 5 8 17 18 10 0 8 7 62 19 7 34 3 4 249 13 3 Treatment in general hos- 95 11 0 30 3 6 34 8 0 .. 9 3 0 85 17 0 16 16 0 271 18 6 pitals Postages and telegrams .. 70 10 10 71 3 5 111 16 4 19 10 9 26 0 9 92 5 9 30 18 9 422 6 7 Printing and stationery .. 186 2 8 234 15 9 244 13 3 64 16 2 91 13 5 212 10 2 71 8 4 1,105 19 9 Rations .. .. 16,089 3 712,513 16 919,807 10 7 4,277 7 7 5,099 7 11 15,083 6 2 2,577 11 4 75,448 3 11 Stores — Loose and artisans' tools 199 10 6 23 19 8 78 0 7 .. .. 13 18 5 44 12 2 360 1 4 Plant and machinery .. .. 1 10 4 25 15 8 .. .. 67 0 8 .. 94 6 8 Other .. .. 6,335 11 4 .. 1,965 3 10 975 7 1 896 11 4 2,044 18 1 847 19 6 13,065 11 2 Surgery and dispensary — Drugs, to. .. .. 258 14 10 327 9 0 251 10 3 86 9 5 83 16 10 313 2 1 27 8 3 1,348 10 8 Wines and spirits .. 35 19 0 7 19 11 6 8 9 .. .. 19 9 1 6 5 8 76 2 5 Telephone expenses .. 43 10 9 71 3 1 159 5 0 21 10 4 39 16 7 158 7 8 66 12 11 560 6 4 Transfer expenses (staff) . . 146 1 10 28 10 2 123 5 0 39 16 8 219 0 0 160 14 3 28 0 5 745 8 4 Travelling-allowances .. 24 18 11 96 13 11 27 2 4 47 1 8 127 2 8 43 4 10 51 11 6 417 15 10 Travelling-expenses .. 114 9 2 236 7 2 303 3 7 27 5 11 41 7 0 86 17 10 105 11 10 915 2 6 Contingencies .. .. 3 10 6 15 10 5 1 0 0 1 10 0 .. 14 0 3 2 16 0 38 7 2 Head Office administration 1,835 6 1 1,408 2 8 1,906 4 4 373 2 9 570 13 8 2,059 17 3 520 0 7 8,673 7 4 expenses Maintenance fees overpaid 600 .. .. .. .. .. .. 600 Losses on sale of motor- .. ... .. .. 30 0 0 75 0 0 .. 105 0 0 vehicles Unauthorized .. .. .. 51 5 0 .. .. .. .. .. 51 5 0 Bad debts .. .. .. 5 8 10 .. .. 45 12 4 .. .. 51 1 2 Depreciation .. .. 3,431 9 2 3,750 9 10 3,042 3 3 1,033 14 1 845 3 10 3,273 18 0 2,219 14 0 17,596 12 2 74,611 16 872,008 14 4101,425 5 424,679 8 430,531 7 885,357 3 828,935 13 4417,549 9 4 Balance carried down .. 55,416 7 7 49,746 15 1174,839 11 622,529 18 2 19,805 13 158,560 0 224,380 5 9305,278 12 2 Interest.. .. .. 6,746 13 2 6,916 6 1 6,596 16 2 1,850 13 8 1,778 13 4 6,545 10 10 4,045 3 10 34,479 17 1 Loss on farms .. .. 460 15 5 .. 1,758 5 0 464 15 11 639 11 8 1,227 1 2 .. 4,550 9 2 Balance .. .. 62,623 16 256,663 2 083,194 12 824,845 7 922,223 18 166,332 12 228,425 9 7344,308 18 5 Income. Maintenance fees.. .. 19,003 16 0 20,216 12 9 23,671 7 1 1,874 11 110,564 9 5 26,182 8 9 4,165 16 11105,679 2 0 Board and lodging .. 13 6 6 112 3 0 349 6 9 39 8 8 52 15 7 281 9 0 116 12 1 965 1 7 Metal, rags, to. .. .. 136 2 11 47 15 3 .. .. 27 1 2 10 19 7 221 18 11 Offal (institution) .. 5 15 0 1,803 4 4 2,103 14 11 219 0 5 .. 27 2 11 41 8 1 4,200 5 8 Sacks (institution) . . 13 16 8 .. 186 17 4 16 10 0 .. 70 10 1 .. 287 14 1 Rents of buildings .. 13 17 6 82 3 1 203 12 9 .. 103 17 7 208 11 7 220 10 11 832 13 5 Territorial revenue .. .. .. 700 .. 2 10 0 .. .. 9 10 0 Road-metal, sales of .. 8 14 6 .. .. .. .. .. .. 8 14 6 Firewood, sales of .. .. .. 63 15 0 .. 2 2 0 .. .. 65 17 0 Balance carried down .. 55,416 7 7 49,746 15 1174,839 11 6 22,529 18 219,805 13 158,560 0 224,380 5 9305,278 12 2 74,611 16 872,008 14 4101,425 5 424,679 8 430,531 7 885,357 3 828,935 13 4417,549 9 4 Net profit from farms .. .. 893 6 9 .. .. .. .. 2,036 13 9 2,930 0 6 Excess expenditure over in- 62,623 16 255,769 15 383,194 12 824,845 7 922,223 18 166,332 12 2 26,388 15 10 341,378 17 11 come —-——■—— 62,623 16 2 56,663 2 0 83,194 12 8 24,845 7 9 22,223 18 1 66,332 12 2 28,425 9 7 344,308 18 5

B.—l [PT. IV].

MENTAL HOSPITALS DEPARTMENT—continued. Farm Working Accounts for the Year ended 31st March, 1926.

1 Auckland. Christchurch. j Dunedin. ! Hokitika. Nelson. ! Porirua. ' Tokanui. Totals. Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live-stock at 1st April, 1925 1,604 12 0 2,928 0 0 4,165 4 0 420 0 0 2,026 0 0 5,267 4 0 5,181 0 0 21,592 0 0 Stored and growing crops, 670 0 0 2,299 10 10 2,972 6 8 232 6 8 1,446 0 0 1,170 0 0 2,536 10 0 11,326 14 2 1925 Purchases of stock, &c. .. 151 10 11 463 7 0 234 18 8 7 14 0 450 9 0 186 3 3 3,461 0 2 4,955 3 0 Salaries and wages .. 1,520 0 0 1,865 16 2 5,223 I 8 616 10 0 1,684 6 9 1,734 17 0 1,975 18 8 14,620 10 3 Feed .. .. .. 489 5 6 531 17 2 3,364 7 1 162 12 6 667 13 5 850 5 9 I 15 2 6,067 16 7 Fertilizers .. .. 192 17 7 73 13 6 307 13 3 44 2 6 161 0 8 171 5 10 977 3 2 1,927 16 6 Fencing, draining, and road- 129 II 3 178 10 10 135 16 10 0 13 9 67 6 5 85 19 0 71 17 9 669 15 10 ing Freights, cartage, &c. .. .. .. 141 21 .. 43 20 022 .. 184 6 3 Repairs to — Implements, harness, &c. 282 0 11 215 7 8 311 I 3 17 9 11 104 9 11 49 8 8 287 3 9 1,267 2 1 Farm buildings .. 184 1 11 57 5 7 21 7 9 .. .. 50 14 11 114 1 10 427 12 0 Farm machinery .. .. 14 05 012 .. 2 9 2 124 5 19 2 23 12 3 Rents, rates, &c. .. .. 1,958 5 J1 222 15 5 .. .. .. .. 2,181 1 4 Seeds .. .. .. 129 14 3 174 6 9 415 9 2 28 12 8 123 2 7 138 3 0 799 13 2 1,809 1 7 Sundry expenses .. 103 9 8 432 16 9 188 0 8 44 0 9 172 5 1 94 1 1 83 19 9 1,118 13 9 Compensation for stock sold .. .. .. .. .. 425 11 6 .. 425 11 6 Depreciation .. .. 101 5 0 119 8 0 254 12 10 7 16 7 158 8 0 315 0 0 142 6 5 1,098 16 10 Profit carried down .. 615 8 1 2,563 0 1 .. .. 444 9 8 313 7 10 4,137 15 3 8,074 0 11 6,173 17 1 13,875 6 817,957 18 6 1,581 19 4 7,551 2 810,853 6 419,776 4 3 77,769 14 10 Loss brought down .. .. .. 494 2 9 407 0 6 .. .. .. 901 3 3 Interest .. .. 1,076 3 6 1,669 13 4 1,264 2 3 57 15 5 1,084 1 4 1,540 9 0 2,101 1 6 8,793 6 4 Net profit .. .. .. 893 6 9 .. .. .. .. 2,036 13 9 2,930 0 6 1,076 3 6 2,563 0 1 1,758 5 0 464 15 11 1,084 1 4 1,540 9 0; 4,137 15 3 12,624 10 1 17IC017I6 Sales of live-stock' .. 573 5 5 1,892 2 10 724 2 8 164 8 2 834 17 5 1,587 17 4 1,450 12 8 7,227 6 6 Poultry and eggs .. 278 6 0 729 7 7 2.031 15 9 17 14 9 336 6 9 592 11 7 58 10 0 4,044 12 5 Offal (farm) .. .. 11 9 3 107 7 0 27 19 7 9 12 0 238 16 11 92 7 6 367 12 0 855 4 3 Butterfat .. .. 113 9 2 690 10 6 1,210 11 6 .. 363 3 2 838 2 0 1,554 14 1 4,770 10 5 Milk and cream .. .. 1,083 8 0 1,478 II 4 1,842 0 11 184 11 0 663 I 11 1,230 16 7 610 17 10 7,093 7 7 Fruit and vegetables .. 1,293 1 11 1,560 2 6 2,578 2 10 273 14 0 1,036 14 2 917 14 4 533 0 10 8,192 10 7 Meat .. .. .. 93 6 0 182 12 0 1,337 14 1 36 8 0 142 14 6 144 0 10 1,807 5 6 3,744 0 II Cereals, hay, &c. .. .. 619 16 6 .. .. 48 5 0 .. 29 7 8 697 9 2 Grazing .. .. .. 162 10 0 .. .. .. .. .. 162 10 0 Sales of sacks .. .. 45 13 10 .. 32 7 9 13 15 0 .. 7 6 0 .. 99 2 7 Honey .. .. .. 18 7 6 .. 33 0 0 .. .. .. .. 51 7 6 Sale of trees .. .. .. .. .. .. 50 0 0 .. .. 50 0 0 Horse feed, Sales of .. .. .. .. .. .. .. 23 10 4 23 10 4 Live-stock at 31st March, 1,912 10 0 3,118 14 0 4,737 4 0 375 9 0 2,295 12 0 4,352 16 0 9,353 8 0 26,145 13 0 1926 Stored and growing crops, 751 0 0 3,333 12 5 2,908 16 8 99 6 11 1,541 10 10 1,089 14 2 3,987 5 4 13,711 6 4 1926 Loss carried down .. .. .. 494 2 9 407 0 6 .. .. .. 901 3 3 6.173 17 1 13,875 6 8 17,957 18 6 1,581 19 4 7,551 2 810,853 6 419,776 4 3 77,769 14 10 Profit brought down .. 615 8 I 2,563 0 1 .. .. 444 9 8 313 7 10 4,137 15 3 8,074 0 11 Net loss to Institutional 460 15 5 .. 1,758 5 0 464 15 11 639 11 8 1,227 1 2 .. 4,550 9 2 Account 1,076 3 6 2,563 0 1 1,758 5 0 464 15 11 1,084 1 4 1,540 9 0 4,137 15 3 12,624 10 1

B.—l [PT. IY].

MENTAL HOSPITALS DEPARTMENT—continued. Income and Expenditure Account for the Year ended 31st March, 1926. To Institutional Accounts— £ s. d. £ e. d. Auckland .. .. .. 62,623 16 2 By Balance, excess of expenditure over income.. 341,844 0 4 Christchurch .. .. .. .. 55,769 15 3 Dunedin .. .. .. .. 83,194 12 8 Hokitika .. .. .. .. 24,845 7 9 Nelson .. .. .. .. 22,223 18 1 Porirua .. .. .. . . 66,332 12 2 Tokanui .. .. .. .. 26,388 15 10 Interest on Wellington land .. .. 465 2 5 £341,844 0 4 £341,844 0 4 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 969,505 18 10 Land .. .. .. .. .. 177,893 9 0 Sundry creditors .. .. .. .. 8,003 4 0 Buildings (institutional) .. .. .. 637,544 911 Depreciation Reserve .. .. .. 71,767 17 6 Buildings (farm) .. .. .. .. 36,628 0 0 Treasury Adjustment Account .. .. 361,619 5 0 Developmental .. .. .. .. 5,187 11 6 Improvements .. .. .. .. 13,573 14 11 Furniture and fittings .. .. .. 21,658 8 8 Plant and machinery— Institution .. .. .. .. 31,422 5 0 Farm .. .. .. .. .. 2,622 0 0 £ s. d. Motor-vehicles .. .. 4,781 611 Less losses in Suspense .. 105 0 0 4,676 6 11 Other vehicles .. .. .. .. 1,455 0 0 Loose and artisans' tools .. .. .. 1,952 1 3 Farm implements .. .. .. .. 2,717 17 0 Surgical instruments .. .. .. 247 14 9 Stores and equipment .. .. .. 90,21915 9 Live-stock .. .. .. .. 26,145 13 0 Stored and growing crops .. .. .. 13,711 6 4 £ s. d. Sundry debtors .. .. 1,332 3 0 Less losses in Suspense .. 51 1 2 • 1,281 1 10 Expenses paid in advance .. .. .. 11592 Excess expenditure over income .. .. 341,844 0 4 £1,410,896 5 4 £1,410,896 5 4 Note. —The assets include amounts of a capital nature expended by the Public Works Department for which the Department possesses no % parliamentary appropriation. The following charges are iucluded for which the Department possesses no parliamentary appropriation: (a) Rental value as assessed by Public Works Department; (b) interest at 4J per cent, on capital as at Ist April, 1925; (c) maintenance of buildings by the Public Works Department. The reduction under the heading "Improvements" is due to the splitting of this asset into the various components—viz., land, buildings furniture &c. F. Truby King, Inspector-General of Mental Hospitals. W. Riach, A R.A.N.Z., Accountant. I hereby certify that the Farm Working Accounts, Institutional Accounts, Income and Expenditure Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that —(1) The estimated value of the labour performed by inmates on the institutional farms has not been taken into account; (2) the valuations of land, buildings, and improvements are incomplete ; (3) the income from maintenance fees does not represent the earnings for the year, and the outstandings at the end of the year have not been correctly stated ; and (4) subject to the departmental imtiis above. —G. F. C. Campbell, Controller and Auditor-General

B.—l [PT. IV].

MINING ADVANCES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Interest on loan capital .. .. .. 2,372 16 11 By Interest on Advances for mining .. .. 1,189 4 0 Reserve for losses on realization of securities .. 2,500 0 0 Interest on investments .. .. .. 11 1 11 Balance, net loss for year .. .. .. 3,672 10 t» £4,872 16 11 £4,872 16 II Balance-sheet as at 31st March, 192(5. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Capital—Loans under,various Acts .. .. 55,550 0 0 Advances for mining .. .. 33,015 7 7 Sinking Fund under Public Debt Extinction Act, Less Reserve for Losses Account 11,500 0 0 1910 .. .. .. .. .. 1,082 19 1 21,515 7 7 Interest due to Consolidated Fund .. .. 3,624 18 3 Sundry debtors— Interest accrued but not due .. .. .. 891 0 0 Interest due on advances .. 8,395 4 4 Consolidated Fund—Refund due 9 10 7 8,404 14 11 Interest on advances accrued but not due .. .. .. .. 189 3 8 Interest on investments accrued but not due .. .. .. .. 11 1 11 Cash in Public Debt Redemption Fund .. .. .. .. 1,082 19 1 Cash— In Treasury .. .. .. 2,646 0 5 In Investment Account .. 10,000 0 0 12,646 0 5 Losses— In previous years .. .. 13,626 19 3 Loss per Income and Expenditure Account .. .. .. 3,672 10 6 17,299 9 9 £61,148 17 4 ; £61,148 17 4 G. Jas. Anderson, Minister of Mines. A. W. Gyles, A.1.A.N.Z., Accountant, Mines Department. I hereby certify that the Income and Expenditure Account and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

13— B. 1 [PT. IVJ.

B.—l [PT. IY].

NATIONAL ENDOWMENT ACCOUNT. Revenue Account fob the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 6,694 3 3 By Accrued coal rents and royalties .. .. 709 18 7 Interest charges under section 20, Discharged Accrued interest on sales of land .. .. 1,712 7 7 Soldiers Settlement Act, 1923 .. .. 61 7 5 Accrued rents .. .. .. .. 134,147 18 1 Irrecoverable rents .. .. .. 1,794 9 6 Accrued royalties .. .. .. 37,890 0 8 Loan repayments — Interest on National Endowment Account, Local Bodies' Loans Act, 1908 .. .. 3,177 10 10 investments .. .. .. .. 2,699 15 11 Section 47, Land for Settlements Act, 1925 3,513 0 8 Interest on National Endowment Trust Rebates .. .. .. .. 2,315 8 1 Account investments .. .. .. 711 13 5 Remissions of rent, &c. .. .. 1,249 3 2 Reserve for irrecoverable rents .. .. 162 9 5 Survey costs .. .. .. .. 476 0 3 " Thirds," " fourths," and " halves " .. 14,585 0 0 Balance carried down .. .. .. 143,843 1 8 £177,871 14 3 £177,871 14 3 £ s. d. £ s. d. To Contributions for education and old-age pen- By Balance brought down .. .. .. 143,843 1 8 sions .. .. .. .. 127,269 9 7 Balance from previous years .. .. 24,838 410 Balance .. .. .. .. 41,821 13 1 Adjustments on account of previous years .. 409 16 2 £169,091 2 8 £169,091 2 8 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital, including loading for roads, &c. .. 4,748,564 8 2 Land .. .. .. .. .. 4,666,355 12 7 Discharged Soldiers Settlement Account (sec- National Endowment Trust Account.. , .. 52,025 3 8 tion 20, Discharged Soldiers Settlement Act, Unpaid purchase price of buildings (not yet 1923) .. .. .. .. .. 3,172 ]1 5 payable) .. .. .. .. 454 3 3 Appreciation in land-values.. .. .. 14,023 17 7 Sundry debtors — £ s. d. Sundry creditors — Rents, &c. .. .. 41,067 19 5 Miscellaneous .. .. .. .. 325 8 2 Less reserve for irrecoverable Endowments payable for education and old- rents.. .. .. 750 0 0 age pensions .. .. .. .. 126,393 1 6 40,317 19 5 Payments in advance—Rents, &c. .. .. 1,085 18 4 Royalties .. .. .. .. 3,208 0 7 Rents, &c., charged in advance .. .. 43,449 11 6 Royalties recoverable from State Forests Writings off in Suspense .. .. .. 1,679 15 10 Account in terms of section 39 (2t Forests Revenue Account .. .. .. .. 41,82113 1 Act, 1921-22 .. .. .. .. 15,658 15 4 Coal rents and royalties .. .. .. 175 19 7 Interest on sales of land .. .. .. 152 14 4 Miscellaneous .. .. .. .. 101 12 7 Postponed rent .. .. .. .. 9,103 11 4 Outstanding rents in Suspense .. .. 1,679 15 10 . Sundry debtors outstanding (amounts accrued but not yet due) — Royalties .. .. .. .. 2,480 15 2 Interest on sales of land .. .. .. 427 6 1 Interest on investments .. .. .. 873 18 0 Revaluation Board determinations — Reductions in capital values .. .. 47,923 1 6 Rent written off.. .. .. .. 6,113 13 1 Remissions of rent .. .. .. 6,970 13 7 Cash in Public Account .. 26,393 9 8 Investment Account .. 100,100 0 0 126,493 9 8 £4,980,516 5 7 £4,980,516 5 7 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except— (1) The accounts have been compiled from unaudited copies of journal entries of the District Land Boards of North Auckland, Auckland, Poverty Bay, Taranaki, Wellington, Marlborough, Nelson, Canterbury, Otago, and audited copies of the District Land Boards of Hawke's Bay, Westland, and Southland ; (2) the Capital Account includes the total amount the land was loaded for roading, &c., whereas the unexpended portion of such amount (if any), and the liability to the Opening up Crown Land Account and to Consolidated Fund should be separately shown ; (3) in the opinion of the Audit Office, repayments of principal should not be included in the Revenue Account; (4) the accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund.—G. F. C. Campbell, Controller and Auditor-General. Note.—-As this separate account exists only for apportionment of revenue from national endowments for old-age pensions and education purposes, there is no practical value in charging thereto a specific portion of the Government subsidy paid to the Superannuation Fund.—A. D. Park, F.1.A.N.Z., Accountant to the Treasury.

B.—l [Pt. IV].

NATIONAL ENDOWMENT TRUST ACCOUNT. Revenue Account for the Year ended 31st March. 1926 Dr. £ s. d. Cr. £ s. d. To Balance to accumulated fund .. .. .. 206 5 1 By Interest on sales of land .. . . 206 5 1 £206 5 I £206 5 ] Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assetu. £ s. d. Accumulated funds .. .. .. .. 53,448 1 4 Unpaid purchase-price of land (not yet payable).. 33,066 610 Sundry creditors —Miscellaneous .. .. 54 0 0 Sundry debtors — Principal instalments on deferred payment .. 147 11 !) Interest on sales of land .. .. .. 75 14 2 Miscellaneous .. .. .. .. 6 11 £ s. d. Cash in Public Account .. 516 7 6 Investment Account .. .. 19,690 0 0 20,206 7 6 £53,502, 1 4 £53,502 1 4 J. B. Thompson, Under-Secretary for Lands. 10th November, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby except that the accounts have been compiled from unaudited copies of journal entries of the District Land Boards, North Auckland, Auckland, Poverty Bay, Taranaki, Wellington, Marlborough, Nelson, Canterbury, and Otago. —G. C. F. Campbell, Controller and Auditor-General.

8.-V [PT. IYJ .

NATIONAL PROVIDENT FUND AND FRIENDLY SOCIETIES DEPARTMENT. NATIONAL PROVIDENT FUND. Income and Expenditure Account foe the Year ended 31st March, 1926 Dr. Cr. £ s. d. To Administration charges — £ s. d. £ s. d. By Recovery from National Provident Fund of Salaries .. .. ..9,310 18 6 overpayment of half contributions of conAudit .. .. .. 50 0 0 tributors while on active service .. .. 46 10 5 Meal allowance and overtime .. 119 1 6 Balance carried down .. .. .. 97,143 13 8 Rent .. .. .. 1,341 17 8 Commission allowances, &c. ...5,405 1 7 Commission on money-orders for approved friendly societies' maternity claims .. .. 54 3 3 Postages, telegrams, &c. .. 353 15 5 Telephone services .. .. 102 6 10 Post and Telegraph Department charges for services rendered 568 7 6 Government Insurance Department charges for services of charwomen and messengers .. 125 0 0 Travelling-allowances, &c. .. 469 4 4 Printing and stationery .. 522 15 6 Office maintenance .. .. 129 19 11 Fuel, light, power, and water .. 35 14 10 18,588 6 10 Other items — Loss on realization of property .. 8 19 Depreciation .. .. .. 130 7 1 Permanent charges under Special Acts — £ s. d. Subsidy .. .. .. 38,421 8 5 Maternity claims .. .. 40,042 0 0 78,463 8 5 £97,190 4 1 £97,190 4 1 £ s. d. £ s. d. To Balance brought down .. .. 97,143 13 8 By Excess of expenditure over income .. .. 97,218 2 9 Interest on capital .. .. .. 74 9 I £97,218 2 9 £97,218 2 9 Note. —The above account includes a charge for interest on capital of £74 9s. Id. for which the Department has no parliamentary appropriation. FRIENDLY SOCIETIES. Income and Expenditure Account for the Year ended 31st March, 1926. Dr. Cr. £ s. d. To Administration charges— £ s. d. £ s. d. By Sundry fees .. .. .. .. 2 2 3 Salaries .. .. .. 2,546 14 1 Balance carried down .. .. .. 4,190 4 3 Rent .. .. .. 310 0 0 Postages, telegrams, &c. .. 124 5 9 Telephone services .. .. 15 10 0 Travelling-allowances, &c. .. 14 1 2 Printing and stationery .. 90 5 0 Office maintenance .. .. 4 18 9 3,105 14 9 Other items — Payment for statistical returns of sickness and mortality ~ .. .. .. 1,026 1 6 Loss on realization of property .. .. 19 18 0 Depreciation .. . . .. .. 40 12 3 £4j192 6 6 £4,192 6 6 £ s. d. To Balance brought down .. .. .. 4,190 4 3 By Excess of expenditure over income .. .. 4,212 16 3 Interest on capital .. . . .. .. 22 12 0 £4,212 16 3 £4,212 16 3 Note.—The above account includes a charge for interest on capital of £22 12s. for which the Department has no parliamentary appropriation. NATIONAL PROVIDENT FUND AND FRIENDLY SOCIETIES. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital Account .. .. • .. .. 2,156 14 9 Furniture and fittings .. .. 1,643 12 6 Sundry creditors .. .. .. .. 1,846 16 2 Additions .. .. .. 117 9 9 Depreciation Reserve .. .. .. 801 18 2 Treasury Adjustment Account .. .. 99,288 3 7 1,761 2 3 Writing off Suspense Account .. .. .. 27 19 9 Less disposals .. .. 46 5 0 1,714 17 3 Mechanical appliances .. .. .. 535 10 0 Stationery .. .. .. .. 416 19 8 Payments in advance .. .. . • 23 6 6 Excess of expenditure over income— £ 8. d. National Provident .. .. 97,218 2 9 Friendly societies .. .. 4,212 16 3 101,430 19 0 £104,121 12 5 £104,121 12 5 G. S. Nicoll, for Superintendent, National Provident and Friendly Societies Department. 1 hereby certify tliat the Income and Expenditure Account and Balance-shee have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

100

B.—l [PT. IV].

NATIVE DEI'ARTMENT. Income and Expend.tube Account foe the Year ended 31 st March, 1926. Expenditure. ■ Income. £ s. d. £ s. d. By Departmental receipts — £ s. d. £ s. d. To Salaries, temporary assistance, and Native Land Court fees .. 6,618 5 7 allowances .. .. .. 24,034 2 4 Maori Land Board fees .. 2,356 11 6 Fees to assessors .. .. 58 0 0 8,974 17 1 Fees to supervisors . . .. 6 16 6 Administration receipts — Contributions from Travelling-expenses and allowances 2,897 15 3 Maori Land Boards .. .. .. 8,833 0 0 Transfer and removal expenses .. 108 6 2 Other receipts— £ s. d. Freight and cartage .. .. 195 16 7 Translation fees .. .. 115 10 6 Fuel, light, water, and cleaning.. 79 14 4 Interpreters'licenses, &c. .. 29 8 0 Postages and telegrams.. .. 674 4 9 144 18 6 Printing and stationery.. .. 1,145 2 1 Balance carried down, being excess of expenditure Rent of circuit rooms .. .. 195 6 9 over income • .. .. .. 34,055 17 8 Rent of departmental offices assessed .. .. 1,156 6 0 Overtime and meal allowances .. 7 10 0 Depreciation on buildings, office furniture and mechanical appliances, &c. .. .. 269 19 4 30,829 0 1 Expenses of other services— Printing and publication of Kahiti .. .. .. 1,674 14 3 Less proceeds —Sales, advertising, &c. .. .. .. 25 19 7 1,648 14 8 Destruction of rabbits on Native land .. .. .. 5,590 5 2 Eradication of noxious weeds on Native land.. .. .. 342 1 7 5,932 6 9Contributions —Water-supply, Ohinemuri River 50 0 0 Grants —Cost of litigation incurred by Arawa Tribes re lakes-bed claim .. .. .. 1,000 0 0 Expenditure under special Acts of the Legislature —Native Land Amendment and Native Land Claims Adjustment Act, 1922, section 27 (Arawa lakes settlement) .. .. .. .. 6,000 0 0 Expenditure under Civil List Act, 1920 (Part V, Native Purposes)— £ s. d. Food and clothing . . .. 2,267 14 0 Pensions and cash allowances.. 286 7 3 Water-supply and miscellaneous services .. .. .. 8 10 6 Ensigns .. .. .. 23 13 8 New Plymouth Hostelry expenses .. .. .. 134 19 9 Tauranga Hostelry expenses .. 9 19 7 Contributions — Health Department —Medical services . . .. 3,000 0 0 Health Department—Nursing services .. .. 600 0 0 Whakatane flood relief .. 190 9 5 6,521 14 2 Grants—Funeral and other allowances .. 26 17 7 £52,008 13 3 £52,008 13 3 £ s. d. £ s. d. To Balance brought down .. .. .. 34,055 17 8; By Balance .. .. .. .. .. 34,568 3 0 Interest on capital .. .. .. .. 512 5 4 £34,568 3 0 £34,568 3 0 Note. —The following charges, for which the Department possesses no parliamentary appropriation, are included: (a) Rental value as assessed by the Public Works Department and the Justice Department; (b) interest at 4| per cent, per annum on capital as at Ist April, 1925.

101

B.—l [PT. IY].

NATIVE DEPARTMENT—continued. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital Account .. .. .. .. 11,383 13 8 £ s. d. £ s. d. Sundry creditors .. . . .. . . 1,735 13 8 Land .. .. .. .. 6,765 0 0 Depreciation Reserve (buildings, furniture, and Buildings .. .. .. 2,131 17 1 equipment) .. .. .. .. 1,013 11 7 8,896 17 1 Treasury Adjustment Account .. .. ..41,999 2 0 Office furniture and fittings .. 2,291 11 8 Hostelry furniture and fittings .. 50 9 0 Mechanical office appliances .. 298 11 9 Technical instruments .. .. 13 10 0 2,654 2 5 Stock on hand—Stamps and stationery .. .. 269 10 3 Sundry debtors for — £ s. d. Court and Land Board fees, &c. .. 7,513 16 7 Recoverable expenditure ..1,758 9 7 Whangamarino Advances Account 271 13 8 Rent debtors (temporary grazing right) .. .. .. 1 12 2 ; 9,545 12 0 Expenditure paid in advance .. .. .. 197 16 2 Excess of expenditure over income for the year ended 31st March, 1926 .. .. .. 34,568 3 0 £56,132 0 11 £56,132 0 11 R. N. Jones, Under-Secretary. E. B. Peck, A.K.A.N.Z., Accountant. I hereby certify tliat the Income and Expenditure Account and 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 above departmental note. —Gr. F. C. Campbell, Controller and Audito."-General.

102

B.—l [Pt. IVJ.

NATIVE DEPARTMENT—NATIVE LAND SETTLEMENT ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1926. Receipts. Payments. To Cash balance, Ist April, 1925 — £ s. d. £ s. d. By Payments on account of pro- £ s. d. £ s. d. Investment Account .. 90,000 0 0 claimed lands — Cash in Public Account .. 67,982 15 6 Charges on rents received — Imprests outstanding .. 29 9 4 Refund of rents and in158,012 4 10 terest .. .. 1,493 7 4 Receipts by Lands Depart- Loan repayments (prinment — cipal and interest) on Rents, royalties, and in- account of roading, &c., terest .. .. 64,714 13 4 opening up lands for Sales of land .. .. 42,916 9 1 settlement .. .. 5,404 0 0 Survey liens .. .. 11,940 14 8 "Thirds" paid to local Miscellaneous receipts .. 0 6 5 bodies .. .. 5,613 11 5 119,572 3 6 12,510 18 9 Repayments of advances to Other payments— Maori Land Boards — Refunds of deposits unPrincipal .. .. 379 2 8 completed sales .. 1,444 17 3 Interest .. .. 621 8 9 Cost of sundry repairs to 1,000 11 5 buildings on unsold lands 32 4 7 Repayment of mortgage ad- Refund of survey liens .. 49 10 8 vance on— Cost of surveys of Urewera Native land from Public and other blocks .. 2,372 10 0 Works Fund (1913-14) — Cost of surveys secured by Principal .. .. 65 13 11 liens .. .. 17,801 13 7 Interest .. .. 64 6 I Recouping Discharged Sol130 0 0 diers Settlement Account Temporary investments—lnterest earned .. 4,431 4 7 for advances made for Refund of interest overcharged in previous improvements on Native years—Amount credited, 1921-22 (recoup- lands ment under section 4, Finance Act, 1919), Section 20, subsection 4, interest .. .. .. .. 1,712 14 4 Discharged Soldiers Settlement Amendment Act, 1923 .. .. 2,031 10 0 Sundry creditors for interest in Moerangi Block .. .. 40 0 0 Administration expenses (recouping Lands and Survey Department for services rendered) .. 7,487 8 0 31,259 14 1 Payments on account of unproclaimed lands — Purchase-money .. .. 52,987 3 6 Less credits in aid .. 0 2 8 52,987 0 10 Purchase expenses .. 2,721 19 6 55,709 0 4 Recoupments to Consolidated Fund— Charges and expenses of raising loans .. .. 429 18 5 Payment for premiums overallowed previous year .. 1 16 3 Interest on outstanding loans paid out of Consolidated Fund .. .. .. 76,749 16 5 77,181 11 I Loan capital— Debentures redeemed .. .. 2,400 0 0 Interest on Urewera debentures .. .. .. .. 1,466 3 4 Cash balances, 31st March, 1926— Investment Account .. 63,000 0 0 Cash in Public Account .. 41,331 11 1 104,331 11 1 £284,858 18 8 £284,858 18 8

103

B —1 [Pt. IV].

NATIVE DEPARTMENT—NATIVE LAND SETTLEMENT ACCOUNT—continued. Interest Account. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loan capital .. 154,348 7 4 By Interest on amount held in Less amount transferred to Investment Account .. 4,193 17 11 blocks as part of purchase Interest on advances to Maori costs .. .. .. 18,255 2 0 Land Boards .. .. 617 16 11 ■ —— 136,093 5 4 Interest on survey liens .. 9,357 1 0 Interest on balance of amount Interest on unpaid purchase - transferred from Maori Land money of land sold on de • Settlement Account, 1913-14 .. 105 9 8 ferred-payment license .. 8,514 7 0 22,683 2 10 Balance transferred to the debit of Revenue Account .. .. 113,515 12 2 £136,198 15 0 £136,198 15 0 Revenue Account for the Yeah ended 31st March, 1926. Revenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. To Balance transferred from In- By Rents .. .. .. .. .. 63,724 9 4 terest Account .. .. .. 113,515 12 2 Royalties .. .. .. .. 1,644 6 7 Charges on rents —Local bodies Miscellaneous .. .. .. .. 5 0 0 " thirds," " fourths," and Forfeited deposits .. .. .. 5 3 2 "halves" .. .. 5,613 11 5 Balance transferred to Net Revenue Account .. 73,863 8 5 Loan repayments —Loans raised under Local Bodies' Loans Act, 1908, and under section 47, Land for Settlements Act, 1925, for roading and other expenditure incurred in opening up land for settlements .. .. 5,404 0 0 11,017 11 5 Rebate of rents .. .. 3,272 4 7 Remission of rent .. .. 1,811 610 Rents irrecoverable .. 1,881 7 7 6,964 19 0 Administration expenses (Lands Department) .. .. 7,220 10 2 Miscellaneous expenses .. 93 16 4 7,314 (i o Loan expenses— Stamp duty on transfer of stock, cost of raising loans, and management charges of stock .. .. .. 429 18 5 £139,242 7 6 ' £139,242 7 6 Net Revenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. To Balance at Ist April, 1925 ..358,308 6 8 By Balance as at 31st March, 1926 .. .. 469,176 8 6 Adjustments on account for previous years .. .. 37,004 ] 3 5 — — 395,313 0 1 Net loss for year ended 31st March, 1926 .. .. .. 73,863 8 5 £469,176 8 6 £469,176 8 6 —■— i

104

B.—l [PT. IVJ.

NATIVE DEPARTMENT—NATIVE LAND SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, ]926. Liabilities. £ s. d. Assets. Loan Capital Account .. .. .. 3,646,349 17 4 Land— £ s. d. £ s. d. Liabilities to other accounts— Blocks fully acquired and proPublic Works Fund —Advances to £ s. d. claimed .. .. 2,040,264 18 11 Maori Land Board repaid .. 473 13 4 West Coast Settlement Blocks Consolidated Eund—lnterest on fully acquired and proadvances to Maori Land Board 713 18 4 claimed .. .. 43,739 14 3 Interest on amount transferred Blocks partly acquire ■! and from Maori Land Settlement unproclaimed .. .. 525,136 5 9 Account .. .. .. 1,890 1 4 Interest and purchase exInterest on loan capital .. 75,726 4 8 penses capitalized on all Maori Land Settlement Account .. 2,344 011 partly acquired blocks— 81,147 18 7 Interest .. .. 68,525 810 Sundry creditors — Purchase expenses .. 13,065 17 4 Lands Department— 2,690,732 5 1 Deposit on application to ac-' Surveys in progress— quire the freehold .. .. 12,182 11 5 Native blocks not acquired, Waikato Maniapoto Maori Land survey liens to be registered 6,237 4 5 Board for rents received on Blocks acquired by Crown— the Boards behalf .. .. 592 19 2 Hauhungaroa .. .. 1,216 9 6 Survey liens (principal) .. 0 10 0 Orakei Settlement .. 291 10 3 Payments made in advance on Rangitoto-Tuhua .. 92 16 3 account of rents .. .. 955 3 5 Tahora Kuri .. .. 397 1 2 Payments made in advance on Urewera .. .. 24,223 16 2 account of purchase-money on Wharepuhunga .. .. 4,920 17 7 sale of land .. .. 866 13 3 Miscellaneous .. .. 4,493 511 Miscellaneous .. .. 399 17 11 — 41,873 1 2 Native Department— Unpaid purchase-money on land Purchase-money deductions .. 4,200 4 5 sold on deferred-payment liMiscellaneous .. .. 55 13 0 cense—principal not yet due 19,253 12 7 and payable .. .. 150,887 15 0 Outstanding purchase-money, land Unpaid purchase - money on acquired for exchange purposes — buildings (on land sold Public Works Eund .. .. 2,513 17 8 on deferred-payment license, Scenery Preservation Account .. 5,094 8 4 principal not yet due and 7,608 6 0 payable) .. .. .. 1,492 12 11 Amounts receivable on behalf of — 152,380 7 11 other accounts — Survey liens— Public Works Eund —Advances to Principal .. .. 184,882 8 10 Maori Land Board .. .. 1,236 9 1 Interest .. .. .. 62,535 2 6 Consolidated Eund —Interest ac- — 247,417 11 4 crued on above but not yet due Sundry debtors— and payable .. .. 23 0 4 Principal instalments on land 1,259 9 5 sold on deferred-payment Reserves —Capital— license .. .. .. 102 3 0 Appreciation of assets (on lands Interest instalments on land proclaimed) .. .. 57,296 18 6 sold on deferred - payment Reserves—Revenue — license .. .. .. 2,301 12 4 Sinking funds (as per contra) .. 38,296 19 0 Principal instalments on Writings off in Suspense (as per buildings sold .. .. 64 12 7 contra) .. .. .. 5,236 6 4 Rents .. .. .. 26,179 8 5 Irrecoverable rents .. .. 3,981 2 0 Royalties .. .. 177 18 7 Depreciation, motor-vehicle .. 208 0 0 Miscellaneous (Lands Depart105,019 5 10 ment) .. .. .. 157 14 6 Rents charged in advance .. .. 15,435 19 7 Maori Land Boards—principal 338 10 0 Suspense Account (Hautu Blocks) .. .. 5,161 5 5 Miscellaneous —Native Depart accrued on loan capital (not ment .. .. .. 10 8 4 yet due and payable) .. .. .. 63,527 1 9 —— 29,332 7 9 Postponed charges outstanding— Rents .. .. .. 19,722 19 11 Interests on sales of land .. 53 6 6 Principal instalments on sales of land .. .. 47 8 0 Principal instalments on buildings .. .. .. 43 2 6 — — 19,866 16 11 Interest accrued (not yet due and payable)— Advances to Maori Land Board from Public Works Eund .. .. .. 23 0 4 Advances to Maori Land Ifr (Boards from Native Land P Settlement Account .. 136 9 1 Treasury investments .. 962 13 4 Land-sales .. .. 1,920 18 8 3,043 1 5 Outstanding rents in Suspense.. .. 5,236 6 4 Revaluation Board Reductions Suspense Account— Land .. .. .. 94,258 18 3 Buildings .. .. 292 11 2 Rents .. .. .. 31,785 3 3 — 126,336 12 8

14— B. 1 [PT. IY].

105

B.—l [PT. IY].

NATIVE DEPARTMENT—NATIVE LAND SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1926 —continued. Liabilities— continued. £ s. d. Assets—continued. Cash in Public Debt Redemp- £ s. d. £ s. d. tion Fund— New Zealand State Advances Act, 1909 .. .. 11,976 15 4 Public Debt Extinction Act, 1910 .. .. .. 26,320 3 8 38,296 19 0 Motor-car .. .. .. .. 245 0 0 Advance to Maori Land Boards from— Public Works Fund .. 1,236 9 1 Native Land Settlement Account .. .. .. 15,257 18 3 16,494 7 4 Cash balances, Native Land Settlement Account-— Cash in Public Account .. 41,331 11 1 Investment Account .. 63,000 0 0 104,331 11 1 Net Revenue Account— Balance as at Ist April, 1925.. 395,313 0 1 Excess of expenditure over income for 1925-26 .. 73,863 8 5 ■ 469,176 8 6 £3,944,762 16 6 £3,944,762 16 6 R. N. Jones, Under-Secretary. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended 1. The portion of the accounts dealing with leased lands has been compiled from copies of journal entries of the District Land Offices. In the case of the North Auckland, Auckland, Taranaki, Poverty Bay, Wellington, Nelson, Marlborough, and Canterbury Offices the departmental figures have been accepted pending the completion of the local examination by the Audit Inspectors. 2. The account should be recouped for the portion of the Waikaremoana Block purchased from the account for purposes outside the scope of the account. 3. There is no statutory liability to the account for the liability shown to the Public Works Fund and Scenery Preservation Account. In any case the amount appears to be overstated. 4. The accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund. 23rd November, 1926. G. F. G. Campbell, Controller and Auditor-General.

106

B.—l TPT. IYI.

PENSIONS DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1926. Expenditure. Income. £ s. d. To Pensions — £ s. d. £ s. d. By National-endowment residue for oldWar Pensions Act, 1915 .. 1,162,861 5 4 age pensions .. .. .. 37,948 011 Pensions Act, 1913 .. .. 1,201,320 10 8 Sundry outstanding pensions, 1924Miner's Phthisis Act, 1915 .. 40,191 19 1 25 .. .. .. .. 6,683 0 9 Epidemic (vote, Pensions) .. 14,762 13 7 Gold duty (Miner's Phthisis Act, Finance Act, 1919 .. .. 538 12 0 1915) .. .. .. 2,498 14 3 Defence Act, 1909 .. .. 2,898 10 10 Commission for paying Imperial Special annuities .. .. 4,807 5 8 pensions .. .. .. 2,402 15 10 Pensions Amendment Act, 1924 7,677 0 6 Post and Telegraph Department, Civil Service Act, 1908 .. 16,835 3 7 for pensions paid to retired officers 235 .12 10 Judicature Act, 1908 .. 2,765 19 4 Union Government of South Africa, Walsh and other Pensions Act, on account of payments made .. . 371 11 0 1869 .. .. .. 41 13 4 Canadian Government, on account Reserves and other Lands Dis- of payments made .. .. 242 9 6 posal and Public Bodies Em- ! Commonwealth Government, on acpowering Act, 1916 .. 78 0 0 count of payments made .. 25,552 14 11 Finance Act, 1923 .. . . 150 0 0 Imperial Government, on account Finance Act, 1924 .. .. 200 0 0 of payments made .. .. 204,071 9 0 — 1 2,455,128 13 11 Excess of expenditure over income 2,589,103 10 1 Administration charges— Salaries .. .. .. 36,958 5 5 Contributions to Post Office .. 14,066 4 0 Travelling-expenses.. .. 3,850 15 1 Rent ...... 3,152 1 6 Expenses of War Pensions Appeal Board .. .. 3,074 13 0 Printing and stationery .. 1,906 0 11 Postages .. .. .. 1,888 1 8 Exchange and commission .. 338 3 0 Depreciation .. .. 303 16 7 Telephones .. .. 248 0 11 Office fittings .. .. 147 1 4 Transfer and removal expenses of officers .. .. 140 11 7 Overtime .. .. .. 1110 5 Contingencies .. .. 102 16 4 Fuel, light, and water .. 81 6 10 Advertising .. .. 14 17 5 Office-cleaning .. .. 5 17 0 66,389 13 0 Medical treatment of returned soldiers .. .. .. .. 106,204 18 8 Medical fees .. .. .. .. 6,594 15 9 Railway concessions to disabled soldiers .. .. .. .. 2,801 7 5 Loading on life-insurance premiums .. .. 249 13 1 Grants to recipients of New Zealand Cross .. .. . . 40 0 0 Medical treatment of South African war veterans .. .. .. 14 4 10 Realization Account, Artificiallimb Factory .. .. .. 1,212 15 2 Pensions to retired postal officers .. 235 12 10 Payments on account of other Governments — Union Government of South Africa .. .. .. 371 11 0 Canadian Government .. 242 9 6 Commonwealth Government.. 25,5521411 Imperial Government .. 204,071 9 0 230,238 4 5 £2,869,109 19 I £2,869,109 19 1 £ s. d. £ s. d. To Balance brought down .. .. 2,589,103 10 1 By Balance after charging interest .. 2,589,309 18 5 Interest on capital .. .. .. 206 8 4 £2,589,309 18 5 £2,589,309 18 5 Note. —Included in above expenses are items representing interest on capital, £206 Bs. 4d., and rent of offices, £2,106 os. 7d., for which the Department possesses no parliamentary appropriation. Percentage of cost of administration to total payments, 2-49.

107

13. - J [PT. IV] .

PENSIONS DEPARTMENT —continued. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital .. .. .. .. .. 4,586 19 11 £ s. d. £ s. d. Reserve for depreciation .. .. .. 1,408 3 7 Office furniture and equipment 3,939 310 Creditors— Mechanical appliances.. .. 1,068 13 11 Advances on account of Union £ s. d. Stationery on hand . . .. 721 2 2 of South Africa .. .. 21 18 11 Medical stores on hand .. 1,309 13 6 Sundry .. .. .. 15,027 8 0 7,038 13 5 — — 15,049 6 11 Instalments paid but not cleared by Treasury 712 17 5 Sundry debtorsPensions due but unpaid at 31st March, 1926 30,341 0 11 Advances on account of— Treasury Adjustment Account .. .. 2,782,349 13 2 Commonwealth Government 8,130 17 9 Canadian Government .. 231 17 1 Imperial and other Governments .. .. 24,777 15 1 Government Departments .. 38,005 18 6 Civilians .. .. 106 13 5 71,253 1 10 Stamps on hand .. .. . . . . 3 2 6 Pensions prepaid . . .. .. .. 166,746 16 5 Accounts prepaid . . . . .. 96 9 4 Artificial-limb Factory Realization Account .. .. .. 2,738 1J 5 Less amount in writing off Suspense Account .. .. 2,738 11 5 Excess of expenditure over income .. .. 2,589,309 18 5 £2,834,448 1 11 £2,834,448 I 11 14th July, 1926. G. C. Faohe, Commissioner of Pensions. I hereby certify that the Income and Expenditure Account and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject the the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

108

B.—l [PT. IV.]

POLICE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. £ s. d. £ s. d. To Administrative charges — £ s. d. £ s. d. By Subsidies from local bodies .. 3,470 1 0 Salaries .. .. .. 321,756 10 6 Sale, of confiscated liquor .. 32 2 4 Rent , .. .. 2,039 3 2 License fees, Arms Act .. 2,266 17 0 Office expenses .. .. 835 4 I Sale of confiscated firearms ... 55 17 4 Printing and stationery .. 5,092 19 11 — 5,824 17 8 Postage and telegrams .. 4,093 10 0 Excess of expenditure over income .. 459,984 10 1 Telephones .. .. 5,916 14 11 | House allowances .. .. 20,845 12 11 Transfer expenses .. .. 4,502 17 3 Travelling-expenses.. .. 16,509 3 0 — 381,591 15 9 Other charges— : Upkeep of bicycles, horses, pis and motor-vehicles .. 9,798 1 5 Freight, cartage, &c. .. 212 0 7 stores, &c. .. 9,921 19 3 ; Fuel, light, water, scavenging 4,731 12 1 Police prosecutions .. 1,225 0 9 Prisoners' rations.. .. 1,005 11 5 Maintenance and repairs to buildings, &c. .. .. 12,751 18 6 Rewards .. .. 695 11 0 Medical expenses .. .. 227 13 10 Police examinations .. 105 18 9 Compensation claims .. 891 1 6 Allowance in lieu of leave .. 475 0 0 Sundries.. .. .. 29 5 4 42,070 14 5 Depreciation r n— Buildings .. 9,764 12 11 Motor-vehicles .. .. 898 6 8 Furniture and fittings .. 666 9 9 Automatic pistols .. 636 8 0 Horses .. .. .. 76 2 6 Stores and equipment .. 764 1 7 12,806 1 5 Loss on— Buildings sold for removal.. 530 0 0 Unserviceable stores sold .. 24 7 4 Motor-vehicles sold .. 161 0 0 Value of stores lost .. .. 14 6 716 11 10 Interest on capital .. .. .. .. 28,624 4 4 £465,809 7 9 £465,809 7 9 Note. —The accounts include charges for interest, assessed rent, expenditure on construction of buildings, and the value of buildings transferred from other Departments, for which the Department possesses no parliamentary appropriation, and also credits for rent from the Valuation Department, for which that Department possesses no parliamentary appropriation.

109

B.—l npT. IYI.

POLICE DEPARTMENT—continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. Capital liability to Treasury at Ist £ s. d. Land— £ s. d. £ s. d. April, 1925 .. .. .. 636,093 13 6 Gross value at Ist April, 1925 .. 210,801 0 0 Treasury Adjustment Account .. 416,945 1 11 Additions .. .. .. 2,476 16 0 Sundry creditors .. .. .. 3,688 10 2 Depreciation reserve .. .. 56,797 11 10 213,277 16 0 Value of reserve cancelled .. .. 920 0 0 212,357 16 0 Buildings— Gross value at Ist April, 1925 .. 374,482 6 2 Additions .. .. .. 15,392 12 10 389,874 19 0 Sale of buildings .. .. .. 100 0 0 389,774 19 0 Writings off Suspense Account—Loss on buildings sold .. .. 530 0 0 389,244 19 0 Stores and equipment — Valuation at Ist April, 1925 .. 26,862 12 11 . Additions .. .. .. 5,082 15 7 31,945 8 6 £ s. d. Sales .. .. 132 16 8 Free issues .. 4,090 16 7 Worn out, &c. .. 181 15 8 — 4,405 8 11 27,539 19 7 Writings off Suspense Account —Loss on sales, &c. .. .. .. 25 11 10 — 27,514 7 9 Office furniture — Valuation at Ist April, 1925 .. 8,916 12 8 Additions .. .. .. 324 1 9 9,240 14 5 Worn out .. .. .. 30 2 8 • 9,210 11 9 Motor-vehicles— Gross value at Ist April, 1926 .. 6,332 2 9 Additions .. .. .. 168 6 11 6,500 9 8 Value of vehicles sold .. .. 810 18 6 5,689 11 2 Writings off Suspense Account —Loss on vehicles sold .. .. 161 0 0 5,528 11 2 Horses—Valuation at 31st March, 1926 .. 147 0 0 Automatic pistols— Valuation at Ist April, 1925 .. 8,490 19 0 Pistol stolen .. .. .. 5 12 6 8,485 6 6 Official stamps on hand .. .. .. 995 0 1 Sundry debtors .. .. .. 60 7 9 Less amount irrecoverable (writings off Suspense Account) .. .. 312 8 56 15 1 Excess of expenditure over income .. .. 459,984 10 1 £1,113,524 17 5 £1,113,524 17 5 2nd February, 1927. R. F. Madden, Chief Clerk. Note.—The following departmental assets have been revalued as at the Ist April, 1925 : Land, buildings, stores and equipment, and office furniture. ft I hereby certify that the Income and Expenditure Account and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

110

B.—l [PT. IV].

POST AND TELEGRAPH DEPARTMENT. General Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Postal Branch loss .. .. .. 11,711 8 8 By Telephone Branch profit .. .. .. 44,331 16 6 Telegraph Branch loss .. .. .. 119,191 4 3 Toll Branch profit .. .. .. 79,169 4 6 Wireless Branch loss .. .. .. 7,940 3 6 Garages.. .. .. .. .. 8,719 14 5 Net loss .. .. .. .. 6,622 1 0 £138,842 16 5 £138,842 16 5 General Profit and Loss Appropriation Account, 1925-26. Dr. £ s. d. Cr. £ s. d. To Balance forward .. .. .. .. 39,687 18 3 By Balance .. .. .. .. 49,609 16 11 Savings-bank Profit and Loss Appropriation Account adjustment .. .. .. 3,299 17 8 General Profit and Loss Account .. .. 6,622 1 0 £49,609 16 11 £49,609 16 11 POSTAL BRANCH. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 1,119,793 19 10 By Postages (a) .. .. .. .. 1,073,506 18 0 Depreciation (d) .. .. .. 24,839 14 11 Rents received (6) .. .. .. 6,713 11 2 Profit before charging interest on capital, Private box and bag rents .. .. 28,731 19 7 carried down .. .. .. 34,028 2 1 Rural delivery fees .. .. .. 12,225 2 9 Money-order and postal-note commission .. 48,452 18 11 Miscellaneous revenue .. .. .. 9,029 6 5 £1,178,661 16 10 £1,178,661 16 10 £ s. d. £ s. d. To Interest on capital (c) .. .. .. 45,739 10 9 By Profit brought down .. .. .. 34,028 2 1 Loss on year's working, transferred to General Profit and Loss Account .. .. 11,711 8 8 £45,739 10 9 j £45,739 10 9 TELEGRAPH BRANCH. Profit and Loss Account for tiie Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 494,022 8 4 By Telegraph revenue (e) .. .. .. 416,506 1 2 Depreciation (d) .. .. .. 28,343 5 5 Miscellaneous revenue .. .. .. 12,215 7 6 Rents received (ft) .. .. .. 824 11 4 Loss before charging interest, carried down .. 92,819 13 9 £522,365 13 9 . £522,365 13 9 £ s. d. £ s. d. To Loss brought down .. .. .. 92,819 13 9 By Loss on year's working .. .. .. 119,191 4 3 Interest on capital (c) .. .. .. 26,371 10 6 £119,191 4 3 £119,191 4 3 TOLL BRANCH. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 163,716 15 9 By Toll revenue .. .. .. .. 358,036 12 11 Depreciation (d) .. .. .. 60,562 17 0 Rents received (b) .. .. .. 1,761 18 1 Profit before charging interest, carried down.. 135,518 18 3 £359,798 11 0 £359,798 11 0 £ s. d. £ s. d. To Interest on capital (c) . . .. .. 56,349 13 9 By Profit brought down .. .. .. 135,518 18 3 Profit on year's working .. .. .. 79,169 4 6 £135,518 18 3 £135,518 18 3

111

B.—l FPT. IV

POST AND TELEGRAPH DEPARTMENT—continued. TELEPHONE BRANCH. Profit and Loss Account foe the Yeak ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Working-expenses .. .. .. 449,921 2 7 By Telephone revenue .. .. .. 967,078 10 7 Depreciation (d) .. .. .. 272,808 0 2 Rents received (b) .. .. .. 2,539 18 11 Profit before charging interest, carried down 246,889 6 9 £969,618 9 6 £969,618 9 6 £ s. d. £ s. d. To Interest on capital (c) .. .. .. 202,557 10 3 By Balance brought down .. .. .. 246,889 6 9 Profit on year's working, transferred to General Profit and Loss Account .. .. 44,331 16 6 £246,889 6 9 £246,889 6 9 WIRELESS BRANCH. Profit and Loss Account fob the Year ended 31st March, 1926. Dr. £ s. d. | Gr. £ s. d. To Working-expenses .. .. .. 10,911 44J By Revenue on wireless traffic .. .. 8,136 0 5 Depreciation (d) .. .. .. 3,256 15 2 Loss before charging interest on bapital, carried down .. .. .. .. 6,031 19 1 • I £14,167 19 6 £14,167 19 6 £ s. d. By Loss on year's working, transferred to General £ s. d. To Loss brought down .. .. .. 6,031 19 1 Profit and Loss Account.. .. .. 7,940 3 6 Interest on capital (c) .. .. .. 1,908 4 5 £7,940 3 6 £7,940 3 6 SAVINGS-BANK BRANCH. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. £ s. d. To Interest credited to depositors' accounts By Interest received during during year ended 31st March, 1926 .. 1,731,577 17 2 year .. .. 1,965,503 5 8 Management expenses .. .. .. 95,000 0 0 Plus interest accrued to Carried to Savings-bank Profit and Loss Ap- 31st March, 1926 .. 561,475 11 5 propriation Account .. .. .. 135,320 19 11 2,526,978 17 1 Less interest accrued on 31st March, 1925 .. 571,644 10 4 1,955,334 6 9 Sundry receipts .. .. .. 6,564 10 4 £1,961,898 17 1 £1,961,898 17 1 Profit and Loss Appropriation Account, 1925 -26. Dr. £ s. d. Gr. £ s. d. £ s. d. To Savings-bank profits paid to Consolidated Fund 160,000 0 0 By Balance forward, savings-bank Balance .. .. .. .. 190,282 10 2 funds .. .. .. 211,661 12 7 Adjusting General Profit and Loss Account, 1925 : Savings bank profits included in profits of other branches .. 3,299 17 8 214,961 10 3 Savings-bank profit .. .. 135,320 19 11 £350,282 10 2 £350,282 10 2 SERVICE GARAGE. Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Working-expenses .. . 48,683 3 8 By Revenue .. .. .. 68,844 8 7 Depreciation (d) .. .. .. .. 8,300 5 9 Profit before charging interest, carried down .. 11,860 19 2 £68,844 8 7 £68,844 8 7 £ s. d. £ s. d. To Interest on capital (c) .. .. 3,141 4 9 By Balance brought down .. .. .. 11,860 19 2 Profit on year's working, transferred to General Profit and Loss Account.. ~ .. 8,719 14 5 £11,860 19 2 £11,860 19 2

112

113

B.—l [Pt. IYJ.

General Balance-sheet. Liabilities. £ s. d, £ g. d. Capital Account Balance at credit .. .. .. .. .. 754,690 6 4 Stock at stores, District Telegraph Engineers, and workshops, and in transit .. 796 770 13 5 Sundry creditors— £ s . d. Sundry debtors— £ s . d. Money-order payees, for unpaid money-orders .. 93,998 2 3 Other Administrations on Money-order Account .. 32,543 0 3 Other Administrations, on money-order, postal, and cable Government Departments . . .. .. .. 51,818 6 10 accounts .. .. .. .. ~ 39,706 0 2 Sundry other debtors .. .. .. .. 50,350 5 11 Postal-note payees, for unpaid postal notes .. .. 63,383 18 6 * 234 jo a Sundry other creditors .. .. .. . . 358,881 3 8 Savings-bank AccountOther Government Departments, for balances due on 31st Investments .. .. .. .. .. 48,221 311 16 9 March, 1926 .. .. .. .. 358,496 11 10 Interest accrued, 31st March, 1926 .. .. .. 561,475 11 5 914,465 16 5 43 7§2 787 8 2 Savings-bank Account— War-loan Certificate Account— , At credit of depositors .. .. .. .. .. 47,911,321 10 5 Investments held in Government loans .. .. .. .. 472 310 0 0 On transfer, New Zealand and other Administrations .. .. 20,098 1 5 Post Office Investment Certificate AccountReserve Fund .. .. .. .. .. .. .. 1,000,000 0 0 Investments held in Government loans .. .. .. .. 213 380 0 0 i a o t an d Loss Appropriation Account .. .. .. 190,282 10 2 Postmasters' balances held .. .. .. .. 1.111 448 13 6 War-loan Certificate Account .. .. .. .. .. 455,588 6 11 Cash in bank (Head Office Account) .. .. .. 507,937 8 1Rost Office Investment Certificate Account .. .. .. .. 203,109 6 10 1 6x9 „ Money-order Settlement Account .. .. .. .. .. 3,447 4 11 Excess of expenditure over revenue to 31st March, 1926 .. .. .. ' 16 11 Post Office .Savings-bank Deposit Account .. .. .. .. 3,572 0 0 Treasury Adjustment Account .. .. .. .. .. ..1 201 363 1 0 ir ostmasters— ' lor advances to Postmasters of stamps, postal notes, British postal orders, Post Office investment certificates, and other documents of value, including stocks held in the General Post Office .. .. .. 660,238 0 9 Depreciation Reserve .. .. .. _ ..1 153 505 9 11 £53,270,318 14 1 £53,270,318 14 1 Notes.— (a.) No amount has been included in respect to free postages for newspapers to public libraries, &c. (b.) Credit has.been taken without appropriation for rents received (c ) Interest at 4 percent, on capital as at Ist April, 1925 and 2 per cent, on accretions for the year, (d.) Depreciation has been allowed for on balance of assets at Ist April 1925, the total charge being carried to Depreciation Reserve. (e.) Does not include any amount in respect to non-departmental Government telegrams. 8 H. D. Edwards, A.1.A.N.Z., Controller of Accounts. G. McNamara, Secretary, General Post Office. I hereby certify that the Profit and Loss Accounts and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes.— J. H. Fowler, Deputy Controller and Auditor-General.

POST AND TELEGRAPH DEPARTMENT— continued. Balance-sheet as at 31st March, 1926. Receipts and Expenditure on Capital Account.

15— B. 1 TPt. IY

Dr. ± , | Amounts expended As at I „ Capital as at Amounts received, Capital as at 31st March, 1925. during Year. 31st March, 1926. | ur - 1st April, 1925. Year 1925-26. 31st March, 1926. To Expenditure on— £ s . d. £ s. d. £ s. d. By Receipts— £ s. d. £ s. d. £ s. d. Telegraph and toll systems, including 1,516,174 1 5 182,990 19 7 1,699,165 1 0 Public Works Fund .. .. 8,226,865 7 9 1,029,275 4 3 9,256,140 12 0 works in progress Revenue contribution to capital 500,074 11 6 180,617 2 11 680,691 14 5 Telephone-exchange systems, includ- 4,255,897 7 0 842,042 5 7 5,097,939 12 7 outlay ing works in progress Wireless systems .. .. 47,676 3 1 80 7 1 47,756 10 2 Buildings and sites .. .. 1,899,823 19 10 92,001 7 0 1,991,825 6 10 Plant at workshops .. .. 13,747 18 7 404 10 2 14,152 8 9 Motors, garages, &c. .. .. 186,686 14 10 7,130 18 11 193,817 13 9 Furniture and fittings .. .. 129,423 4 4 8,062 2 8 137,485 7 0 8,049,429 9 1 1,132,712 11 0 j 9,182,142 0 1 i 8,726,939 19 3 1,209,892 7 2 I Balance carried to general balance-sheet .. .. 754,690 6 4 £9,936,832 6 5 j £9,936,832 6 5

B.—l [Pt. IY].

PRISONS DEPARTMENT. Gross Income and Expenditure Account for the Year ended 31st March, 1926.

114

Addington. Auckland. | Ihvereargill. Napier. Paparua. j H a°swe]l Waikeria. Waikune. Wellington. Wi Tako. | Wanganui. Gaols.' Total. Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. j £ s. d. £ s. d. I £ s. d. £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. £ s. d. nations, clothing, bedding, furniture, 519 1 2 4,739 10 6 934 8 7 4,909 6 0 207 3 9 jl.lll 2 10 1,710 4 8 852 18 7 1,715 2 6 1,880 10 10 1,700 15 10 jl ,762 5 3 389 12 6 444 8 9 22,876 11 9 and loose tools Sundry expenses — ■ Salaries and allowances— Uniforms, &c. 521 13 10 12,787 5 2 761 4 7 7,921 9 7 590 18 10 1.788 2 7 4,704 14 8 1,471 16 5 4,146 15 1 1,961 15 0 5.919 19 11 2,030 8 9 923 17 6 1,389 16 10 46,919 18 9 Advertising, purchase of books, &c. . . 3 6 11 33 8 7 6 4 7 45 5 9 2 16 6 11 3 6 18 11 6 10 6 6 20 15 0 9 13 11 16 11 7 10 11 1 10 12 1 2 15 2 202 3 8 Clothing, bedding, and furniture .. 87 12 11 2,405 12 8 406 19 9 1,589 7 11 42 10 5 262 17 5 980 15 6 278 11 0 733 5 6 1,117 14 1 881 5 1 375 4 3 70 16 3 144 8 9 9,377 1 6 Gratuities to prisoners on discharge .. 186 96 12 6 .. 5 10 6 2 18 0 5 10 0 5 18 0 768 .. .. 20 15 0 230 276 5 11 0 156 0 8 Prisoners' industry earnings . . .. 66 12 1 1,427 13 5 164 18 0 734 14 5 13 6 3 79 18 10 .. 120 5 8 477 18 3 .. 271 7 3 .. 110 11 3 5 3 7 3,472 9 0 Payments to prisoners'dependants .. .. 1,973 10 4 340 10 8 98 6 6 58 4 0 218 5 9 .. .. 705 14 0 .. 827 13 9 .. 108 5 6 15 10 6 4,346 1 0 Fuel, light, water, sanitary services, &c. 147 5 7 1,547 15 7 30 17 8 759 2 6 94 10 2 251 8 9 741 13 9 321 12 0 400 18 2 312 18 0 527 15 2 243 11 1 153 9 4 1 417 0 9 5,949 18 6 Equipment and institutional work .. .. 3 5 6 .. 82 12 0 .. . ■ 0 8 3 12 16 11 15 4 5 1 4 5 .. .. .. .. 115 11 6 Medicines and maintenance of prisoners 9 6 0 357 2 1 28 0 5 85 6 2 20 13 9 35 6 10 68 0 6 26 7 11 32 2 3 84 14 6 208 2 2 55 17 5 19 9 9 56 14 0 1,087 3 9 in public hospitals Office fittings and requisites .. .. .. 1 16 7 3 15 2 2 17 7 086 39 11 3 13 1 362 0 12 4 086 0 17 8 .. 130 026 22 11 0 Postage, telegrams, printing and sta- 27 0 7 240 15 2 47 1 3 96 18 6 20 15 0 40 1 3 122 5 10 54 9 7 119 15 10 130 3 5 86 18 1 72 9 0 25 19 9 48 19 7 1,133 12 10 tionery, &c. nations .. .. .. .. 250 8 0 6,606 15 10 827 1 5 2,340 3 8 276 7 10 954 6 4 2,138 16 10 794 0 7 1,668 4 3 2,133 18 9 1,529 6 3 1,098 0 8 461 11 8 1,449 1 5 22,528 3 6 Burial of deceased prisoners .. . ■ • • 25 0 0 .. .. .. .. 15 0 0 .. • ■ .. 6 15 0 .. ■. ■. 46 15 0 Maintenance of buildings .. 13 12 0 648 16 10 1 16 11 62 3 5 78 7 6 19 17 9 733 3 1 195 17 8 326 8 9 35 19 1 163 10 8 99 2 7 21 8 4 386 10 1 2,786 14 6 Transport charges .. 24 18 4 717 7 3 255 11 6 695 15 6 26 17 6 106 13 11 438 11 8 70 5 1 637 1 6 1,080 10 6 739 16 4 1 161 4 2 40 0 5 192 6 1 5,186 19 9 Contingencies .. .. .. • • 16 2 2 .. .. .. .. .. .. 14 0 6 1 2 0 1 2 0 1 11 3 .. .. 33 17 11 1,672 5 11 33,628 11 2 |3,808 10 6 19,429 0 0 1,435 18 0 4,888 5 8 11,681 17 4 4,220 0 9 11,013 18 4 8,750 13 0 '12,902 11 7 ]5,912 8 6 2,339 4 10 4,558 9 0 126,241 14 7 Prison labour .. .. .. 261 9 2 806 7 7 0 3 4 1,080 11 3 308 1 9 387 9 4 1,505 9 0 1,333 2 5 883 4 9 1,047 2 0 443 0 0 j 634 8 0 589 11 4 : 313 15 5 9,593 15 4 Institutional Garden Accounts — ! I Opening stocks —Crops .. .. 29 0 0 179 13 4 .. .. . . 92 0 0 .. . . .. .. .. .. .. .. 300 13 4 Opening stocks —Live-stock .. 20 15 0 . . ■. .. .. j 37 8 0 ■ ■ .. .. 464 0 0 .. .. .. .. 522 3 0 Working-expenses .. .. .. 20 14 2 22 3 11 . . .. .. i 15 1 11 .. .. ■. 93 0 5 1 14 0 .. . - .. 152 14 5 Prison labour .. .. 213 11 3 397 4 11 .. .. .. 331 10 10 .. .. .. 34 12 6 206 10 7 .. 33 15 6 47 3 2 1,264 8 9 Interest on capital .. .. .. 249 8 1 8 | .. .. .. |5 16 0 ■■ .. -• 977| .. j .. .. .. 25 10 0 286 5 2 607 3 10 ! .. .. .. 481 16 9 .. .. .. 601 0 6 j 208 4 7 .. 33 15 6 47 3 2 2,265 9 6 Depreciation .. .. .. 334 4 7 4,116 11 7 : 155 13 3 1,710 2 4 85 11 6 201 0 4 1,862 19 0 323 7 7 1,241 19 11 195 17 9 I 798 10 6 524 10 11 125 8 7 523 6 2 12,199 4 0 Interest on capita] .. .. .. 658 0 2 8,955 6 1 211 0 4 3,595 19 9 210 4 5 375 15 11 4,064 18 5 518 9 6 2,201 5 10 291 8 6 2,479 13 9 ! 846 12 3 240 6 2 1,274 0 11 25,922 2 0 Proportion of overhead burden .. 88 10 0 j 2,358 10 0 , 243 2 0 922 11 10 88 16 2 352 7 3 701 6 1 238 6 9 547 15 1 499 9 4 628 8 5 373 14 11 177 18 2 158 8 11 7,379 4 11 1,080 14 9 115,430 . 7 8| 609 15 7 6,228 13 11 384 12 ij 929 3 6 6,629 3 6 1,080 3 10 3,991 0 10 986 15 7 ; 3,906 12 8 jl,743 18 1 543 12 11 |l,955 16 0 45,500 10 11 Total expenditure .. .. 3,300 15 0 50,472 10 3 14,418 9 5 26,738 5 2 2,128 11 10 :6,686 15 3 19,816 9 10 6,633 7 0 15,888 3 11 11,385 11 1 |l7,460 8 10 8,290 14 7 3,506 4 7 |6,875 3 7 183,601 10 4 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Rent of cottages .... .. i 42 5 0 36 0 0 . . .. 70 12 6 .. 30 0 0 .. .. . . j 141 10 10 .. . . .. 320 8 4 Sundry sales.. .. .. .. I .. 646 7 11 .. .. .. .. .. .. • • ! .. .. .. .. 646 7 11 Institutional Garden Accounts — Closing stocks —Crops, &c. . . .. 13 3 4 100 16 7 .. .. .. 100 3 7 .. .. . • 23 11 10 j .. .. .. 8 0 0 245 15 4 Closing stocks —Live-stock .. 11 17 6 • • •. .. .. 38 0 0 .. .. • • 512 3 0 .. .. .. .. 562 0 6 Sales of produce, &c. .. .. 96 9 7 426 0 6 .. .. .. 117 3 10 • • . . • • • • . . .. .. 19 9 1 659 3 0 Closing stocks— Rations, clothing, bed- 561 1 7 4,648 8 2 1,158 14 2 4,272 8 4 274 11 5 1,066 16 11 2,348 5 1 1,324 17 11 1,692 12 5 2,007 10 11 j 2,028 4 5 1,129 18 3 350 7 4 463 17 5 23,327 14 4 ding, furniture, and loose tools Gross cost* of institutional upkeep, 2,575 18 0 44,614 17 1 3,259 15 3 22,465 16 10 1,783 7 11 5,364 10 11 17,438 4 9 5,308 9 1 14,195 11 6 8,842 5 4 1 5,290 13 7 7,160 16 4 3,155 17 3 6,383 17 1 157,840 0 11 carried down Total revenue .. .. 3,300 15 0 50,472 10 3 4,418 9 5 26,738 5 2 2,128 11 10 6,686 15 3 19,816 9 10 6,633 7 0 15,888 3 11 11,385 11 1 17,460 8 10 8,290 14 7 3,506 4 7 6,875 3 7 183,601 10 4 Gross cost of institutional upkeep per lap 7 10 104 2 5 80 9 0 134 3 5 110 12 7 83 17 10 137 0 7 122 17 0 142 14 6 j 97 5 0 133 15 2 105 14 0 97 14 7 221 10 5 117 15 5 prisoner per annum '

B.—l [Pt. IY]

PRISONS DEPARTMENT— continued. Net Income and Expenditure Account for the Year ended 31st March, 1926.

115

Addington. Auckland. 4 lavercargill. Napier. Plymouth Paparua. HalsweU. ■ Waikeria. Waikune. Wellington. Wi Tako. Wanganui. Minor Gaols. Total. Expenditure. £ s. d. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. £ 3. d. £ s, d. £ s. d. £ s. d. . £ s. d. £ s. d. £ s. d. £ 8. d. £ s. d. To Gross cost ojinstitutional upkeep, brought 2,575 18 0 44,614 17 1 3,259 15 3 22,465 16 10 1,783 7 11 5,364 10 11 17,438 4 9 5,308 9 1 14,195 11 6 8,842 5 4 15,290 13 7 7,160 16 4 3,155 17 3 6,383 17 1 157,840 0 11 down Losses on industries — Bootmaking .. .. .. .. 60 5 3 10 .. 393 8 10 .. .. .. ■ ■ ■ ■ • • ■ • .. .. .. 998 12 8 Brickmaking .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1,613 15 11 .. .. 1,613 15 11 Blockmaking .. .. .. .. 27 2 1 .. .. .. .. .. .. .. .. .. .. .. 27 2 1 Farms •• .. .. .. .. .. 6,721 5 4 " !! 2,240 18 2 305 9 2 3,500 15 10 .. .. 2,285 17 8 .. .. 15,054 6 2 Matmaking .. .. .. .. 30 13 2 .. .. .. .. .. .. .. • ■ .. .. .. .. 30 13 2 Quarries .. .. .. .. .. .. .. .. 502 3 3 686 5 8 .. •• 367 13 9 .. .. .. 1,556 2 8 Labour contracts .. .. .. .. .. .. .. .. .. .. 44 6 1 199 11 6 .. 1,096 3 3 100 13 0 .. .. 1,440 13 10 Tailoring .. .. .. .. .. .. .. 186 12 10 .. .. .. .. • • ■ ■ . ■ .. .. .. 186 12 10 Net profit on institutional working .. .. .. .. .. .. . .. .. .. 3,471 1 1 .. .. .. .. 3,471 1 1 2,575 18 0 45,277 16 2 3,259 15 3 29,767 3 10 2,285 11 2 6,050 16 7 19,679 2 11 5,658 4 4 17,895 18 10 12,313 6 5 16,754 10 7 11,161 2 11 3,155 17 3 6,383 17 1 182,219 1 4 Income. „ „ . £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Prison labour .. .. .. 475 0 5 14,804 16 4 2,054 4 4 11,056 13 1 797 6 9 2,535 19 3 8,003 17 2 1,533 13 9 6,757 13 0 7,591 7 8 6,933 8 7 4,449 19 9 871 16 10 360 18 7 68,226 15 6 Profits on industries — Blockmaking .. .. .. .. .. _ 293 4 7 .. .. .. • • .. .. .. 293 4 7 Mail-bag repairs .. .. .. .. 350 15 0 .. . . . . .. .. • • . • • • ■ • .. .. .. 350 15 0 Quarries .. .. .. .. .. 5,532 79 .. .. I .. .. .. •• .. •• .. .. 5,582 7 9 Tailoring .. 341 3 0 .. .. .. •• •• .. .. 341 3 0 Labour contracts .. .. .. .. 18 2 is 0 ■■ •• •• 3,091 10 10 .. .. 9 9 0 .. 3,283 17 10 Sawmills .. .. .. .. .. . .. .. 1 ;630 711 .. .. .. .. x 630 7 n Net cost of institutional upkeep .. 2,100 17 7 24,198 14 1 1,205 10 11 18,527 12 9 1,488 4 5 3,514 i7 4 11,382 1 2 4,124 10 7 11,138 5 10 .. 9,821 2 0 6,711 3 2 2,274 11 5 6,022 18 6 102,510 9 9 2,575 18 0 45,277 16 2 3,259 15 3 29,767 3 10 2,285 11 2 6,050 16 7 19,679 2 11 5,658 4 4 17,895 18 10 12,313 6 5 16,754 10 7 11,161 2 11 3,155 17 3 6,383 17 1 182,219 1 4 " - (Profit) Netcostof institutional upkeep per prisoner 130 16 2 56 9 5 29 3 2 110 15 0 92 6 5 54 19 5 89 9 0 96 2-10 111 19 7 38 4 2 85 18 5 99 2 10 70 8 10 208 19 10 73 18 0 per annum |

B—l [PT. IV].

PRISONS DEPARTMENT —continued. AUCKLAND GENERAL STORE. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Cr. £ s. d. To Opening stocks— By Material issued to factory .. .. 5,695 16 6 Tailoring material .. 4,759 17 6 Material issued to institution .. .. 13,287 16 4 Bootmaking material .. 2,347 12 0 Closing stocks — £ s. d. Mat making material .. 31 10 0 Manufactured clothing . . 3,451 19 0 General institutional stores ~ 436 3 5 Manufactured boots .. 974 0 8 7,575 2 11 Raw material —Tailoring . . 2,940 2 11 Purchase of goods and expenses— Raw material —Bootmaking.. 1,000 10 2 Clothing, bedding, and furni- Loose tools .. .. 18 17 7 ture .. .. .. 808 9 2 Sundry stores .. .. 89 2 0 Clothing and bedding from . Tobacco .. .. .. 1,163 16 6 Wellington General Store .. 414 4 9 Tea .. .. .. 535 6 8 Medicines and medical com- Brush ware and hardware .. 406 18 0 forts .. .. .. 84 18 8 Drugs and sundry medicines 326 11 10 Medicines and medical com- : — 10,907 5 4 forts from Wellington Gene- Stock in transit — ral Store .. .. 287 11 6 Tailoring material .. 45 3 4 Rations .. .. .. 2,591 9 6 Hardware .. .. 45 4 2 Sanitary services .. . . 87 3 6 90 7 6 Freight, cartage, &c. ~ 11 19 6 Uniforms, &c. . . . . 96 2 8 Tailoring material .. 4,730 11 4 Bootmaking material . .. 1,619 11 6 Manufactured goods received from factory .. .. 10,468 15 11 21,200 18 0 Salaries .. .. .. .. .. 375 0 0 Interest on capital .. .. . . 19 12 6 Surplus .. .. .: .. .. 810 12 3 £29,981 5 8 £29,981 5 8 WELLINGTON GENERAL STORE. Working Account for the Year ended 31st March, J 926. Dr. £ s. d. Or. £ s. (1. To Opening stocks —Goods, &c. .. .. 748 17 3 By Issues to institutions .. .. .. 1,770 18 7 Purchase of goods and expenses— £ s. d. Closing stocks .. .. .. .. 715 19 3 Clothing and bedding .. 24 3 4 Rations .. .. .. 1,429 17 10 1,454 1 2 Interest on capital .. .. .. 33 13 11 Surplus .. .. .. .. .. 250 5 6 £2,486 17 10 £2,486 17 10 AUCKLAND TAILORING INDUSTRY. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Opening stocks — By Sales .. .. .. .. .. 6,350 12 3 Raw materials .. .. 157 14 0 Closing stocks— Partly manufactured articles .. 47 16 3 Raw materials .. .. 142 9 8 Manufactured articles.. .. 31 8 0 Partly manufactured goods .. 22 17 6 Loose tools .. .. 32 12 6 Manufactured goods .. .. 52 18 6 269 10 9 Loose tools .. .. .. 31 II 0 Sundry expenses— 249 16 8 Raw materials .. .. 3,750 14 9 Machine parts and repairs, &e. .. 25 4 8 Power .. .. .. 69 4 10 Freight, cartage, &c. .. .. 39 19 3 Sundries .. .. .. 18 13 3 Cost of manufacturing goods at Point Halswell Reformatory .. 59 16 0 3,963 12 9 Prison labour .. .. .. .. 1,534 7 4 , Supervision .. .. .. .. 203 10 0 Interest on capital .. .. .. .. 255 13 5 Depreciation on machines, &c. .. .. 32 11 8 Profit on working .. .. .. .. 341 3 0 £6,600 8 II £6,600 8 II

116

B.—l [PT. IYJ.

PRISONS DEPARTMENT —continued. AUCKLAND MATMAKING INDUSTRY. Working Account foe the Year ended 31st March, 1926. Dr. £ s. d. Or. ' £ s. d. To Opening stocks .. .. .. .. 33 11 0 By Sales .. .. .. .. .. 55 011 Prison labour .. .. .. .. 47 19 9 Closing stocks — Supervision . . .. .. .. .. 4 16 0 Loose tools .. .. .. .. 2 10 Interest .. .. .. .. .. 184 Loss on working .. .. .. .. 30 13 2 £87 15 1 £87 15 1 AUCKLAND BOOTMAKING INDUSTRY. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d. To Opening stocks— By Sales— Raw materials .. .. 260 10 1 Boots .. .. .. 3,403 12 10 Partly manufactured articles .. 401 11 6 Postmen's satchels, repairing .. 162 14 0 Loose tools .. .. .. 134 5 9 . 3,566 610 796 7 4 Closing stocks — Sundry expenses— . B.aw materials .. .. 236 1 8 Raw material .. .. 2,117 11 2 Partly manufactured goods .. 304 0 7 Tools and repairs .. .. 7 12 1 Loose tools .. .. . . 95 4 9 Power .. .. .. 19 19 5 635 7 0 Machine parts, needles, &c. .. 2 2 6 Loss on working .. .. .. .. 605 310 Sundries .. .. 2 16 9 Freight, cartage, &c. .. .. 17 19 8 • 2,168 1 7 Prison labour .. .. .. . . 1,305 8 2 Supervision .. .. .. . . 340 0 0 Interest on capital . . .. . . . . 167 15 11 Depreciation on machines, &c. .. .. 29 4 8 £4,806 17 8 j £4,806 17 8 AUCKLAND MAIL-BAGS INDUSTRY. * Working Account tor the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Opening stocks— By Sales .. .. .. .. .. 1 742 is g Canvas, twine, &c. .. .. 179 14 6 Closing stocks— Work partly completed .. 57 0 6 Canvas, twine, &c. .. .. 19 12 10 236 15 0 Partly completed work .. 148 7 0 Sundry expenses— Completed work .. .. 5 12 0 Canvas .. .. .. 311 18 7 Loose tools .. .. .. 0 18 0 Twine, dees, rings, &c. .. 172 9 6 174 ij 20 Machine parts, repairs, needles, &c. 40 9 6 Power .. .. .. 5 16 0 Freight, cartage, &c. .. . . I 3 10 Sundries .. .. .. 2 2 11 534 0 4 Prison labour .. .. .. .. 690 10 4 Supervision .. .. .. .. .. 91 10 0 Interest on capital .. .. .. .. 1237 Depreciation on machines, &o. .. .. 1 14 0 Profit on working * .. .. .. 350 15 0 £1'917 8 3 8 3 AUCKLAND BLOCK AND TILE INDUSTRY. Working Account tor the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Opening stocks— By Sales .. .. .. .. __ 75 15 11 Raw materials .. .. 8 5 0 Closing stocks — Blocks .. .. .. 265 13 5 Blocks .. .. .. 198 2 6 Tiles .. .. .. .. 328 7 9 Tiles .. .. .. .. 328 7 9 Loose tools .. .. .. 232 17 0 Loose tools .. .. .. 232 17 0 — 835 3 2 759 7 3 Interest on capital .. .. .. 27 2 1 Loss on working .. . . ~ ~ 27 2 1 £862 5 3 £862 5 3

117

B.—l [Pr. IV].

PRISONS DEPARTMENT— continued. QUARRIES. Working Account for the Year ended 31st March, 1926.

118

Dr. Auckland. Napier. New Plymouth. Totals. Cr. Auckland. I Napier. New Plymouth. Totals. ' ■ 5 ~~ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d, £ s. d. £ s. d. j £ s. d. To Opening stocks — By Sales .. .. .. 21,413 17 3 281 9 1 914 6 0. 22,609 12 4 Metal . . .. .. 106 12 0 .. 169 10 0 276 2 0 Closing stocks — Horses . . . . .. 150 0 0 . . . . 150 0 0 Metal .. .. .. 33 9 0 .. 723 0 0 756 9 0 Harness .. .. .. 151 5 6 .. .. 151 5 6 Horses .. .. .. 157 10 0 .. .. 157 10 0 Loose tools . . . . .. 336 15 3 .. . . 336 15 3 Harness . . .. .. 151 5 6 . . .. 151 5 6 Sundry expenses — Loose tools .. . . 328 4 3 10 11 0 53 19 10 392 15 1 Machine parts and repairs .. 514 3 5 .. .. 514 3 5 Losses on working . . . . .. 502 3 3 686 5 8 1,188 8 11 Fuel .. .. .. 1,567 2 10 .. 3 5 0 1,570 7 10 Forage . . .. . . 234 13 6 .. .. 234 13 6 Lubricants .. . . .. 193 14 9 .. .". 193 14 9 Explosives .. . . .. 365 66 3118 27 53 396 3 5 Tools and repairs . . .. 258 18 0 5 0 0 10 5 0 274 3 0 Blacksmithing . . .. 115 18 0 .. .. 115 18 0 Timber and sundries .. .. 85 18 5 2 6 11 1 6 2 89 11 6 Freight, cartage, &c. . . . . 176 4 10 .. 0 14 0 176 18 10 Prison labour .. .. .. 9,420 2 3 467 4 0 1,816 19 1 11,704 5 4 Supervision .. .. .. 1,330 0 0 234 0 0 300 0 0 1,864 0 0 Interest on capital .. .. 872 8 2 82 0 9 48 7 0 1,002 15 11 Depreciation on plan . . .. 622 14 10 .. .. 622 14 10 Profit on working .. .. 5,582 7 9 .. .. 5,582 7 9 22,084 6 0 794 3 4 2,377 11 6 25,256 0 10 j 22,084 6 0 794 3 4 2,377 11 6 25,256 0 10

B.—l [PT. IY].

PRISONS DEPARTMENT—continued. HAUTU DEVELOPMENT. Gross Working Account for the Year ended 31st March, 1926.

Net Working Account for the Year ended 31st March, 1926. Expenditure. Income. To Gross losses carried down — £ s. d. £ s. d. By Gross profits brought down— £ s. d. £ s. d. General .. .. .. 121 12 0 Cattle .. . . .. 317 7 6 Horses • • .. .. 23 0 0 Pigs .. .. .. 40 1 6 Crops .. .. . . 664 6 2 357 9 0 Garden .. .. .. 74 310 Net loss transferred to Development Account .. 3,095 0 8 883 2 0 Interest .. .. .. .. 498 3 8 Prison labour .. .. .. .. 1,375 7 6 Supervision .. .. .. .. 695 16 6 £3,452 9 8 £3,452 9 8

RANGIPO DEVELOPMENT. Gross Working Account for the Year ended 31st March, 1926.

Net Working Account for the Year ended 31st March, 1926. Expenditure. Income. £ s. d. To Gross losses brought down— £ s. d. £ s. d. By Not loss transferred to Development Account .. 705 5 9 General .. .. ■ • 188 2 9 Crops .. . . .. . . 362 3 0 — 550 5 9 Prison labour . . . . .. .. 56 17 6 Supervision . . .. . . .. 98 2 6 £705 5 9 £705 5 9

119

(General). | Cattle. Pigs. Horses. j Crops. ! Garden. Totals. Expenditure. To Opening stocks— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Equipment . . . .. 519 68 .. .. .. .. Live-stock .. .. .. .. 345 0 0 57 0 0 224 0 0 .. y 2,310 7 0 Crops •• .. .. .. .. 1,115 0 0 250 0 4 J Expenses .. .. 112 16 9 52 13 9 .. .. 667 15 2 20 10 0 853 15 8 Sectional gross profits carried down.. .. 317 7 6 40 1 6 .. .. .. 357 9 o 632 3 5 | 515 13 97 1 6 224 0 0 1,782 15 2 270 10 4 3,521 11 8 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales and transfers .. .. .. 333 11- 3 43 16 6 .. 639 9 0 48 12 10 1,065 9 7 Closing stocks— Equipment .. .. .. 510 11 5 .. .. .. .. ") Live-stock .. .. .. .. 181 10 0 53 5 0 201 0 0 .. .. J- 1,573 0 1 Crops .. .. .. .. .. .. .. 479 0 0 147 13 8J Sectional gross losses carried down .. 121 12 0 .. .. 23 0 0 664 6 2 74 3 10 883 2 0 632 3 5 515 1 3 97 1 6 j 224 0 0 1,782 15 2 270 10 4 3,521 11 8

Expenditure. (G fneSl). Cropa - Totals ' jj Income - (ofnS). j Crops. j Totals. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. ! £ s. d. To Expenses .. 269 6 2 429 13 0 698 19 2 By Closing stocks .. 81 3 5 67 10 0 148 13 5 Sectional gross losses 188 2 9 362 3 0 ! 550 5 9 carried down ! 269 6 2 429 13 0 698 19 2 269 6 2 429 13 0 I 698 19 2 .

B.—l [PT. IV].

PRISONS DEPARTMENT —continued. INVERCARGILL TAILORING INDUSTRY. Working Account for the Year ended 31st March, 1926. Dr. Cr. £ s. d. £ s. dTo Sundry expenses — £ s. d. £ s. d. By Sales .. .. .. .. ~ 688 12 4 Purchase of material .. .. 355 611 Closing stocks— Machine parts and repairs .. 7 12 Raw materials .. .. 13 8 5 Sundries .. .. .. 0 18 11 . Loose tools .. .. 15 4 5 — 363 7 0 28 12 10 Prison labour .. .. .. .. 491,11 0 Loss on working .. .. .. .. 186 12 10 Supervision .. .. .. .. 49 0 0 £903 18 0 £903 18 0 INVERCARGILL BOOTMAKING INDUSTRY. Working Account for the Year ended 31st March, 1926. Dr. Cr. £ s. d. £ s. d. To Opening stocks — £ s. d. .£ s. d. By Sales .. .. .. .. .. 1,308 14 0 Manufactured articles .. .. 180 5 0 Closing stocks— Partly manufactured articles .. 310 4 0 Manufactured articles .. .. 104 10 0 Raw materials .. .. .. 119 9 3 Partly manufactured articles .. 233 18 0 Loose tools .. .. . . 164 3 3 Raw materials .. .. .. 140 411 774 1 6 Loose tools .. .. .. 177 15 3 Sundry expenses— 656 8 2 Raw material .. .. .. 624 10 10 Loss on working .. .. .. .. 393 810 Tools and repairs .. .. 2 12 1 Machine parts and repairs .. 118 Lubricants .. .. .. 2 5 0 Power .. .. .. 2 4 5 Freight, cartage, &c. .. .. 6 13 2 Sundries .. .. .. 3 18 4 643 5 6 Prison labour .. .. .. .. 581 3 6 Supervision .. .. .. .. 310 0 0 Interest on capital .. .. .. 42 0 6 Depreciation on machines, &c. .. .. 8 0 0 £2,358 11 0 j £2,358 11 0 | - INVERCARGILL LABOUR CONTRACTS. Working Account for the Year ended 31st March, 1926. Dr. Cr. £ s. d. To Sundry expenses' — £ s. d. £ s. d. By Credits for labour .. .. .. .. 677 19 0 Tools and repairs .. .. ..18 16 9 Sundries .. .. . . .. I 18 6 20 15 3 Prison labour .. .. .. .. 358 6 3 Supervision .. .. .. .. 36 0 0 Interest on capital .. .. .. .. 37 17 8 Depreciation on plant .. .. .. 42 1 10 Profit .... .. .. .. 182 18 0 £677 19 0 £677 19 0

120

PRISONS DEPARTMENT— continued. INVERCARGILL FARMING INDUSTRY. Gross Working Account for the Year ended 31st March, 1926.

B.—l [Pt. IV].

Net Wobking Account for the Year ended 31st March, 1926. . Expenditure. Income. To Gross losses brought down— £ s. d. £ s. d. By Gross profits brought down— £ s. d. £ s. d. General .. .. .. 724 10 7 Dairying .. .. .. 2,462 15 9 Horses .. .. .. 172 10 0 Sheet) .. .. .. 1,321 8 5 897 0 7 Cattle .. .. .. 144 12 6 Prison labour .. .. .. 4,559 14 2 Pigs .. .. .. 268 13 3 Supervision .. .. .. .. 1,361 18 1 Crops .. .. .. 507 6 8 Interest on capital .. .. .. 3,397 13 7 Garden .. .. .. 295 7 11 Depreciation Reserve .. .. .. 1,808 16 7 Timber and firewood .. 303 13 2 5,303 17 8 Net loss on working .. .. .. 6,721 5 4 £12,025 3 0 £12,025 3 0

in- R, 1 [Pt. IV].

121

f General. ! Dairying. i Sheep. ' Cattle. | Pigs. Crops. 1 Garden. i Horses. ; Totals. Expenditure. To Opening stocks— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Equipment .. .. .. .. 30 3 0 .. .. .. .. .. .. .. Live-stock .. .. .. .. .. .. 970 0 0 2,940 0 0 93 0 0 .. .. 642 0 0 .. 5,632 3 0 Crops, &c. .. .. .. .. 1 .. .. I .. .. .. 731 17 0 203 2 0 I .. 22 1 OJ Expenses.. .. .. .. .. 1,065 7 6 94 14 7 10 13 1 414 5 6 45 15 1 180 10 10 22 12 9 .. .. 1,833 19 4 Sectional gross profits carried down .. .. .. 2,462 15 9 1,321 8 5 144 12 6 268 13 3 507 6 8 295 7 11 .. 303 13 2 5,303 17 8 1,095 10 6 2,557 10 4 2,302 1 6 3,498 18 0 407 8 4 1,419 14 6 521 2 8 642 0 0 i 325 14 2 12,770 0 0 I ! I Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. .. .. 90 14 8 2,466 11 4 1,540 1 6 1,070 18 0 324 8 4 139 13 6 253 2 10 .. 275 9 S 6,160 19 10 Closing stocks — Equipment .. .. .. .. 275 5 3 90 19 0 .. .. .. .. .. 1 .. 3 0 6~| Live-stock .. ... .. .. 5 0 0 .. 762 0 0 2,428 0 0 83 0 0 .. .. j 469 10 0 y 5,711 19 7 Crops, &c. .. .. .. .. .. .. .. .. .. 1,280 1 0 267 19 10 I .. 47 4 0J Sectional gross losses carried down .. .. 724 10 7 .. .. .. .. .. .. 172 10 0 .. 897 0 7 1,095 10 6 2,557 10 4 2,302 1 6 : 3,498 18 0 407 8 4 1,419 14 6 521 2 8 642 0 0 j 325 14 2 12,770 0 0

B. —J. [PT. IV .

PRISONS DEPARTMENT— continued. PAPARUA FARMING INDUSTRY. Gross Working Account for the Year ended 31st March, 1926.

Net Working Account foe the Year ended -31st March, 1926. Expenditure. 1 ncome. To Gross losses brought down— £ s. d. £ s. d. By Gross profits brought down— £ s. d. £ s. d. General .. .. .. 577 5 11 Dairying .. .. .. 684 3 8 Crops .. .. .. 79 9 5 Sheep .. .. .. 525 4 2 Horses .. .. .. 32 12 8 Cattle .. .. 114 15 7 689 8 0 Pigs .. .. .. 583 2 6 Prisoners' industry earnings and payments to 1,733 10 3 Garden .. .. .. 464 4 1 dependants Poultry .. .. .. 63 11 1 Prison labour .. .. 2,021 10 5 2,435 1 I Less prisoners' industry earnings. Net loss on working .. .. .. 2,240 18 2 &c. .. .. 1,733 10 3 288 0 2 Supervision .. .. .. .. 662 7 6 Interest on capital.. .. .. .. 1,163 12 4 Depreciation Reserve .. .. .. 139 1 0 £4,675 10 3 £4,675 19 3

122

General. Dairying. ! Sheep. Cattle. Pigs. Crops. Garden. J Poultry. Horses. Total. j I I ] i ; Expenditure. 1 " j i j To Opening stocks — I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Equipment .. .. .. 1 493 19 4 .. .. .. .. .. .. .. ■ Live-stock .. .. .. 9 0 0 .. 1,848 2 6 313 10 0 285 15 0 .. .. 44 12 5 172 0 0 4,820 5 1 Crops .. •• •• •• •• •• 1.310 10 JO ! 342 15 0 Expenses .. .. . 496 S 3 3 5 4 294 5 4 711 17 JO 121 14 3 864 17 0 4 11 2 4 19 3 0 12 8 2,502 11 1 Sectional Gross Profits carried down .. 684 3 8 525 4 2 114 15 7 583 2 6 .. 464 4 1 63 JJ 1 .. 2,435 1 1 999 7 7 687 9 0 2,667 12 0 1.140 3 5 990 11 9 2,175 7 10 811 10 3 I 113 2 9 : 172 12 8 9,757 17 3 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. 20 0 0 687 9 0 1,340 15 6 j 870 17 5 581 12 9 798 1 10 322 10 3 89 3 9 .. 4,710 10 6 Closing stocks —,, ■ ■ j Equipment .. .. .. 402 1 8 Live-stock .. .. .. .. .. 1,326 16 6 269 6 0 408 19 0 .. .. 23 19 0 140 0 0 V 4,357 18 9 Crops Account .. .. ■■ .. ' j •• 1,297 16 7 489 0 0 .. J Sectional gross losses, carried down 577 5 11 .. .. j .. .. 79 9 5 .. .. 32 12 8 689 8 0 999 7 7 687 9 0 2,667 12 0 j 1,140 3 5 j 990 11 9 2,175 7 10 811 10 3 . 113 2 9 172 12 8 9,757 17 3

B.—l I FT. IV!.

PRISONS DEPARTMENT—continued. PAPARUA BLOOKMAKING INDUSTRY. "Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To <>i >ening stocks of manufactured blocks .. 167 7 0 By Sales .. .. .. .. .. 398 7 0 Purchase of cement .. . . 128 18 3 Closing stocks— Sundry expenses .. .. .. 7 8 3 Blocks .. .. .. .. 411 15 11 13(5 6 6 Loose tools .. .. 26 0 0 Prison labour . . .. .. . . 197 17 0 437 16 5 Supervision .. .. .. . . 33 17 9 Interest on capital .. .. .. .. 7 10 7 Profit .. .. .. .. 293 4 7 £836 3 5 £836 3 5 LABOUR CONTRACTS, POINT HALS WELL. Working Account for the Year ended 31st March, 1926. Dr. £ >-• d. Or. £ s. d. To Prison labour .. .. .. .. 267 13 2 , By Credits for labour , . .. .. .. 250 7 1 Supervision .. .. .. .. .. 27 0 0 1 Loss .. . . .. .. 44 6 1 £294 13 2 | £294 13 2 LABOUR CONTRACTS, WANGANUI. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Prison labour .. . . . . .. 248 1.0 0 By Credits foV labour .. .. .. .. 282 16 0 Supervision .. .. .. .. 24 17 0 Profit .. .. .. .. 990 £282 16 0 £282 16 0

123

B.—l [PT. IV].

PRISONS DEPARTMENT— continued. PORT HALSWELL FARMING INDUSTRY. Gross Working Account for the Year ended 31st March, 1926.

Net Working Account foe the Year ended 31st March, 1926. Expenditure. Income. To Gross losses brought down— £ s. d. £ s. d. By Gross profits brought down— .. £ s. d. £ s. d. General .. .. .. 36 18 6 Dairying .. .. .. 231 8 5 Cattle .. .. 28 0 6 Pigs" .. .. .. .. 78 10 0 Garden .. .. .. 18 13 11 309 18 5 Poultry .. .. .. 22 8 7 Net loss on working .. .. .. 305 9 2 Horses .. .. .. 2 10 0 108 11 6 Prison labour .. .. .. .. 290 9 8 Supervision .. .. .. ... 134 3 4 Interest on capital .. .. .. 69 11 2 Depreciation Reserve .. .. .. 12 11 11 £615 7' 7 £615 7 7

124

General. Dairying. Cattle. Pigs. Garden. Poultry. Horses. Totals. Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Equipment .. .. .. .. 1 12 6 .. .. .. .. .. " Live-stock .. .. .. .. .. .. 217 0 0 30 0 0 .. 31 10 6 23 0 0 360 14 0 Crops .. .. .. .. .. .. .. .. .. I 55 11 0 .. ..J Expenses .. .. .. .. .. 119 3 7 33 10 2 105 0 0 7 10 0 17 16 7 IS 1 10 .. 301 2 2 Sectional Gross Profits carried down .. .. .. 231 8 5 .. 78 10 0 . .. .. 309 18 5 I J — 120 16 1 264 18 7 322 0 0 116 0 0 j 73 7 7 49 12 4 : 25 0 0 971 14 7 Income. | I 1 | i I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. .. .. .. 264 18 7 84 4 6 107 15 0 43 18 0 22 7 9 .. 523 3 10 Closing stocks — Equipment .. .. .. .. 83 17 7 .. .. .. .. .. "1 LiYe-stock .. .. .. .. .. .. 209 15 0 8 5 0 .. 4 16 0 22 10 0 J- 339 19 3 Crops .. .. .. .. .. .. .. .. .. 10 15 8 .. J Sectional gross losses carried down .. .. 36 18 6 .. 28 0 6 .. 18 13 11 22 8 7 2 10 0 108 11 6 120 16 1 264 18 7 322 0 0 116 0 0 73 7 7 49 12 4 ! 25 0 0 971 14 7

PRISONS DEPARTM ENT— continued. WAIKERIA FARMING INDUSTRY. Gross Working Account for the Year ended 31st March, 1926.

B.—l IV IV i.

Net Working Account for the Year ended 31st March, 1926. Expenditure. Income. Gross losses brought down-— £ s. d. £ s. d. By Gross profits brought down— £ s. d. £ s. d. General .. .. .. 830 13 11 Dairying .. .. .. 3,373 17 4 Crops .. .. .. 254 6 0 Sheep .. .. .. 28 2 2 Apiary .. .. .. 5 18 10 Cattle .. .. .. 619 12 8 1,090 18 9 Pigs .. .. .. 254 19 2 Prison labour .. .. .. .. 4,007 7 3 Garden .. .. .. 277112 Supervision .. .. .. .. 1,615 14 7 Poultry .. .. .. 4 7 3 Interest on capital .. .. .. 1,278 0 8 Horses .. .. 53 16 0 Depreciation Reserve .. .. .. 121 0 4 4,612 5 9 Net loss on working .. ~ .. 3,500 15 10 £8.113 1 7 £8,113 1 7

125

General. Dairying. Sheep. Cattle. Pigs. Crops. Garden. Poultry. Horses. Apiary. i Totals. Expenditure. To Opening stocks — 1\. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. i £ s. d. £ s. d. £ s. d. £ s. cL Equipment .. .. 424 19 11 .. .. . . .. .. .. .. . • 124 16 JP Live-stock •• •• .. 21 5 0 2,324 0 0 241 5 0 .. .. j 16 6 0 790 0 0 .. }■ 7,398 18 6 Crops, &c. .. .. .. .. .. .. .. 2,169 0 0 1,287 5 10 .. .. ..J Expenses .. 917 13 2 44 16 3 306 12 6 369 4 4 .. 45 0 0 53 1 6 .. .. 6 6 5 1,742 14 2 Sectional Gross Profits carried 3,373 17 4 28 2 2 619 12 8 254 19 2 .. 277 11 2 4 7 3 53 16 0 .. 4,612 5 9 down 1,342 13 1 3,418 13 7 355 19 8 3,312 17 0 496 4 2 2,214 0 0 1,617 18 6 20 13 3 843 16 0 131 3 2 13,753 18 5 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.. £ s. d. ' £ s. d. £ s. d. £ s. d. By Sales .. .. .. 23 15 6 3,418 13 7 140 11 8 664 17 0 327 9 2 191 14 0 683 5 3 20 13 3 50 0 0 6 18 4 j 5,527 17 9 Closing stocks — Equipment .. .. 488 3 8 .. .. .. .. .. .. .. . . 118 6 0~| Live-stock .. .. .. .. 215 8 0 2,648 0 0 168 15 0 .. .. .. 793 16 0 .. y 7,135 1 11 Crops, See. .. .. .. .. .. .. .. 1,768 0 0 934 13 3 .. .. .. J Sectional Gross Losses carried 830 13 11 .. .. .. .. 254 6 0 .. .. .. 5 18 10 | 1,090 18 9 down 1,342 13 1 3,418 13 7 355 19 8 3,312 17 0 496 4 2 2,214 0 0 1,617 18 6 20 13 3 843 16 0 131 3 2 13.753 18 5

B.—l [PT. IV .

PRJ SONS DEPARTMENT —continued. WAIKERIA LABOUR CONTRACTS. Working Account foe the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Prison labour .. .. .. .. 619 7 6 By Credits for labour .. .. .. 924 16 0 Supervision .. .. .. .. 505 0 0 Loss 011 working .. .. .. .. 199 11 6 £1,124 7 6 £1,124 7 0 YVAIKUNE ROAD CONTRACTS. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Sundry expenses— By Credits for contracts.. .. 10,479 5 0 Tools and repairs .. .. 53 0 7 Haulage on motor-cars .. 510 0 Fodder .. .. .. 805 14 10 Sales of pumice .. .. 3 18 0 Upkeep of vehicles .. .. 1,276 1 7 Cartage to Hautu and Rangipo.. 1,113 10 3 Explosives .. .. .. 65 14 0 11,602 3 3 Ironwork, &c. .. .. 4 10 4 Closing stocks — Repairs to harness .. .. 50 1 6 Tools, &c., in local store .. 26 16 0 Freight and cartage .. 216 16 8 Motor accessories .. .. 264 211 Prisoners' industry earnings . . 540 0 5 Oil, grease, &c. .. .. 29 I 7 Payments to prisoners' depend- 320 0 6 ants .. .. ..1,397 2 5 Stock in transit .. .. .. .. 64 11 8 Sundry expenses .. .. 36 I!) 9 Timber .. .. .. 68 5 9 4,514 7 10 Prison labour .. .. 4,310 12 0 Loss industry earnings and payments to prisoners'dependants 1,937 2 10 2,373 9 2 Supervision .. .. .. .. 1,735 15 0 Interest on capital .. .. .. 64 5 0 Depreciation on vehicles and plant .. .. 207 7 7 Profit on working .. .. .. 3,091 10 10 £11,986 15 5 £11,986 15 5 WAIKUNE SAWMILL INDUSTRY. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. j Cr. , £ s. d. £ s. d. To Opening stocks— | By Sales— Timber .. .. .. 2,805 8 4 j Timber .. .. .. 9,009 4 6 Working-bullocks .. .. 88 0 0 Horse-shoeing .. .. 15 0 0 2,893 8 4 | — 9,024 4 6 Sundry working-expenses — Closing stocks — Royalties .. .. .. 1,625 9 3 Timber .. .. .. 3,198 8 0 Fuel, power, &c. .. .. 235 4 2 Loose tools .. .. 18 9 6 Fodder .. .. .. 367 18 1 Sundry stores .. .. 193 12 7 Machine parts and repairs .. 198 11 8 3,410 10 1 Tools and repairs .. .. 121 0 0 Lubricants .. .. .. 120 9 8 Sundry store and expenses .. 375 2 1 Explosives .. .. .. 5 12 0 Harness repairs .. .. 7 19 6 Timber for repairs and renewals 133 19 9 Freight, cartage, &c. .. .. 205 7 1 3,396 13 3 : Prison labour .. .. .. .. 3,100 12 0 Supervision .. .. .. .. 820 10 6 Interest on capital .. .. .. 279 8 8 Depreciation on plant and machinery .. 155 15 6 Profit on working carried down .. .. 1,788 6 4 £12,434 14 7 1 £12,434 14 7 £ s. d. £ s. d. To Royalties undercharged in previous years .. 157 18 5 By Profit on working brought down .. 1,788 6 4 Net profit .. .. .. .. 1,630 711 i £1,788 6 4 j £1,788 6 4

126

B.—l [PT. IY .

PRISONS DEPARTMENT—continued. SEATOTJN GRAVEL-PIT. Working Account fob the Year ended 31st March, 1920. Dr. £ s. d. £ s. d. Cr. £ s, d. To Opening stocks —Horses .. .. .. 5 0 0 By Sales .. .. .. .. .. 831 3 3 Sundry expenses— Closing stocks —Horses .. .. .. 5 0 0 Fuel, light, power, &c. .. 6 3 2 Loss on working .. .. ... .. 367 13 9 Railage and cartage .. .. 1 19 7 Royalties .. .. 54 7 6 Lubricants .. .. .. 18 16 8 Ironwork, &o. .. 13 4 2 Machine parts and repairs .. 24 8 6 Horse-feed, &c. .. 13 1 0 132 o 7 Prison labour .. .. .. .. 760 16 0 Supervision .. .. .. .. 295 0 0 Interest on capital .. .. .. 9 14 8 Depreciation on plant .. .. .. 15 9 £1,203 17 0 £1,203 17 0 WELLINGTON LABOUR CONTRACTS. Working Account eor the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Prison labour .. .. .. .. 1,226 18 3 By Credits for labour .. .. .. 395 15 0 Supervision .. .. .. .. 265 0 0 Loss on working .. . . . . 1,096 3 3 £1,491 18 3 £1.491 18 3

127

B.—l [PT. IYJ .

PRISONS DEPARTMENT— continued. WI TAKO FARMING INDUSTRY. Gross Working Account for the Year ended 31st March, 1926.

Net Working Account fob the Year ended 31st March, 1926. Expenditure. Bevenue. To Gross losses brought down— £ s. d. £ s. <1 By Gross profits brought down— £ s. d. £ s. d. General .. .. .. 178 2 11 Dairying .. .. .. 5 IS 8 Poultry .. .. .. 0 10 Sheep .. .. .. 87 11 4 Horses .. .. .. 74 0 0 Cattle .. .. . . 15 7 1 252 3 11 Pigs.. .. .. 65 19 2 Prison labour .. .. .. .. 1,230 13 8 Garden .. .. . . 49 17 7 Supervision .. .. .. .. 590 0 0 Firewood .. .. .. 83 12 0 Interest on capital.. .. .. .. 513 4 S 308 5 10 Depreciation .. .. .. .. 8 13 Net loss on working .. .. .. 2,285 17 8 £2,594 3 6 £2,594 3 6

128

I General. | Dairying. Sheep. Cattle. Pigs. Garden. Poultry. Firewood. Horses. j Total. Expenditure. j , | j ~ : ifl ~ ■ ; ~ _ To Opening stocks — ; £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live-stock .. .. .. 7 0 0 .. 672 11) 0 136 0 0 67 0 0 j 67 10 0 1 .. .. 187 0 0 1,137 0 0 Expenses .. .. .. j 362 12 5 .. 39 15 1 226 4 6 56 4 9 I 30 4 3 1 6 0 .. .. j 716 7 0 Sectional gross profits carried down .. 5 18 8 87 11 4 15 7 1 65 19 2 49 17 7 .. 83 12 0 .. 308 5 10 — ! 369 12 5 5 18 8 799 16 5 377 11 7 189 3 11 147 11 10 16 0 83 12 0 187 0 0 2,161 12 10 Revenue. j j " | FT r~ j : I £ s. d. £ s." - d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales .. .. .. .. 5 7 3 5 18 8 714 b 5 217 11 7 108 2 11 147 11 10 .. 83 12 0 .. 1,282 10 8 Closing stocks — Equipment .. .. .. 179 23 .. .. .. .. .. .. .. "1 Live-stock .. .. .. 7 0 0 .. 85 10 0 160 0 0 81 1 0 .. 1 5 0 .. 113 0 Of 626 18 3 Sectional gross losses oarried down 178 2 11 .. .. .. .. .. 0 1 0 .. 74 0 0 252 3 11 369 12 5 5 18 8 799 i6 5 i 377 11 7 189 3 11 147 11 10 16 0 83 12 0 187 0 0 2,161 12 10

B.—l TPT. IV

PRISONS DEPARTMENT—continued. WI TAKO BRIGKMAKING INDUSTRY. Working Account foe the Year ended 31st Maech, 1926. Dv Gt £ s • d. £ s«d« To Opening stocks— £ s. d. £ s. d. By Sales of bricks .. .. .. 4,196 210 Manufactured bricks .. 2,068 11 6 Rent of brickworks railway-siding .. 114 0 0 Partly manufactured bricks.. 468 18 0 Closing stocks— 2,537 9 6 Bricks .. .. .. 3,305 11 10 Sundry expenses— Sundry stores .. .. 420 11 11 Fuel .. .. .. 1,535 9 6 Loose tools .. .. 149 13 8 Railage and cartage .. 298 15 0 — 3,875 17 5 Horse-feed .. .. 6 16 8 Loss on working .. .. .. 1,613 15 11 Lubricants .. .. 121 9 2 Machine parts and repairs .. 367 11 7 Tools and repairs .. .. 17 14 9 Explosives .. .. 1 13 1 Sundries .. .. .. 50 5 1 Repairs to flue (bricks) .. 29 3 3 Prisoners' industry earnings 342 1 7 Payments to prisoners' dependants .. .. 937 1 7 — 3,708 1 3 Prison labour .. .. 2,176 8 0 Less industry earnings and payments to prisoners' dependants .. .. 1,279 3 2 — 897 4 10 Supervision .. .. .. 610 10 0 Interest on capital .. .. .. 1,088 0 8 Depreciation Reserve .. .. 958 9 11 £9,799 16 2 £9,799 16 2 WI TAKO LABOUR CONTRACTS. Working Account for the Year ended 31st March, 1926. Dr. £ s. d. i (Jr. £ s. d s To Prison labour .. .. .. 890 8 0 By Credits for labour .. .. .. 878 15 0 Supervision .. .. .. 89 0 0 Loss on working .. .. .. 100 13 0 £979 8 0 i £979 8 0 OTHER ADMINISTRATIVE EXPENSES. Accounts for the Year ended 31st Maech, 1926. Dr. £ s. d. £ s. d. Cr. £ s. d. To Crimes Amendment Act —Adminis- By Balance .. .. .. .. .. 1,279 17 10 trative expenses .. .. .. 403 19 8 Probation Branch— Administration expenses and advances to probationers .. 257 9 0 Allowances to honorary Probation Officers .. .. .. 276 3 0 Postage and telegrams .. .. 36 14 0 Printing and stationery .. 53 19 4 Telephone services .. .. 70 12 7 694 17 11 Expenses of delegate to International Prison Conference .. .. .. .. 181 0 3 £1,279 17 10 £1,279 17 10

17— B. 1 [PT. TV],

129

£.—1 [PT. IV].

PRISONS DEPARTMENT—continued. Balance-sheet as at 31st Maech, 1926. / .'i flfiql p o \ q H A QQpf-Q \ Q n Capital Account as at Ist April, 1925 -.. ..799,954 17 4 Land, freehold .. . . .. ..150,347 110 Depreciation Reserve Account .. .. 68,402 7 1 Taupo lands development .. .. .. 18,872 11 4 Sundry creditors .. .. .. .. 8,082 12 1 Land, leasehold .. .. .. .. 15,995 15 10 Reserve for accounts to be written Buildings .. .. .. .. .. 540,804 18 4 off— £ s. d. Fixed plant.. .. .. .. .. 29,887 1 5 Sundry stores .. .. 1,134 1 2 Loose tools .. .. .. .. .. 2,839 14 0 Sawmill fire, Waikune.. .. 729 14 7 Furniture and fittings .. .. .. 10,397 16 2 Demolition Lyttelton Prison .. 8,553 17 10 Clothing and bedding .. .. .. 14,062 1 2 — 10,417 13 7 Arms and accoutrements .. .. .. 803 17 0 Treasury Adjustment Account .. .. 93,790 10 9 Library and school books .. .. .. 759 14 10 Motor-vehicles .. .. .. .. 5,010 110 Lighters ~ .. .. .. .. 1,064 0 0 Implements and machinery .. .. .. 10,766 910 Farm, loose tools .. .. .. .. 459 18 2 Live-stock .. .. .. .. .. 11,595 17 0 Crops— £ s. d. Unharvested .. .. 1,427 6 1 Stored .. .. .. 3,478 1 6 4,905 7 7 Gardens and orchards .. .. .. 2,074 15 1 Sundry farm stores, accessories, &e. .. .. .. .. .. 1,704 2 0 Stocks— £ s. d. In trade .. .. .. 9,832 15 8 In general stores .. .. 11,623 4 7 In local stores .. .. 8,775 9 2 In transit.. .. .. 342 15 8 30,574 5 1 Shares and debentures .. .. .. 211 5 2 Band instruments .. .. .. .. 230 0 0 Stamps, &c. .. .. .. .. 13 19 11 Sundry debtors .. .. .. .. 8,120 3 1 Accounts paid in advance (sundry) .. .. 87 11 7 Royalties paid in advance .. .. .. 2,584 11 5 Write off Suspense Account— £ s. d. Sundry stores .. .. 1,134 1 2 Sawmill fire, Waikune .. 729 14 7 Demolition Lyttelton Prison 8,553 17 10 10,417 13 7 Demolition Account (Terrace) .. .. 5,922 210 Other Administration Expenses Account .. 1,279 17 10 Institutional Accounts .. .. .. 88,552 7 8 Industry Accounts .. .. .. .. 9,426 3 3 National Development Account (improvements to Rangitoto Island) .. .. .. .. 530 15 3 Labour Suspense Account (Wellington) .. 346 6 9 £980,648 6 10 £980,648 6 10 Note. —The following charges are included in the accounts for which the Department possesses no parliamentary appropriation : (a) Rental value as assessed by the Justice Department; (b) interest at 4J per cent, on capital as at Ist April, 1925. The cost of erection and maintenance of buildings, and the expenses of developing pumice lands reflected therein, are appropriated in votes under the control of the Public Works Department. v B. L. Dallabd, A.1.A.N.Z., Controller-General of Prisons. 24th March, 1927. G. 0. Hall, A. R.A.N. Z., Accountant. I hereby certify that the Institutional Accounts, subsidiary Working Accounts, the Income and Expenditure Accounts, and' Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. The following comment is appended : No charge for Head Office administration has been made against the various industry Working Accounts.—G. F. C. Campbell, A.1.A.N.Z., Controller and Auditor-General.

130

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PUBLIC WORKS DEPARTMENT. NATIONAL DEVELOPMENT ACCOUNT (PUBLIC WORKS FUND). Income amd Expenditure on Capital Account for the Year ended 31st March, 1926. Construction and Improvement of Roads. Expenditure. Income. To Expenditure on construction of, and reinstatement of flood damage By Recoveries on account of expenditure (portion chargeable to capital) to, roads, bridges, &c., including of previous years : —• subsidies to local, bodies and a proportion of general "Departmental" Road districts— £ s. J. administrative expenditure: — Whangarei .. .. .. 35 8 0 Construction. Total. Tauranga .. .. .. 30 0 2 Mood Damage. Stratford ' 7 10 0 Road districts — £ a. d. £ s. d. £ a. d. w Whangarei .. 175,678 2 2 6,153 11 7 181,831 13 9 mT " " " „ Auckland .. 107,640 17 4 4,875 1 5 112,515 18 9 elso " . Tauranga .. 34,964 15 2 460 4 8 35,424 19 10 Creymouth .. .. .. 4,057 16 11 Gisborne.. .. 34,385 410 2,471 8 4 36,856 13 2 Taumarunui ~ 31,960 1 2 1,039 9 3 32,999 10 5 , 4 > wu 1 1 Stratford .. 51,263 19 7 1,978 15 8 53,242 15 3 Balance being excess of capital exNapier .. .. 19,802 6 0 661 9 6 20,463 15 6 pendrture over capital income on tit ir , on ooft ict i oa uoft i roads, &c., transferred to annual Nelson® * 22' 965 1 2 1,724" 9 I 24 >9 10 3 National Development Account 597,295 1 8 Creymouth .. 31,357 11 1 701 3 5 32,058 14 6 Christchurch .. 12,438 11 1 1,925 12 2 14,364 3 3 Dunedin .. 14,608 17 4 1,796 9 1 16,405 6 5 Invercargill .. 19,095 12 10 41 0 0 19,136 12 10 577,047 15 10 23,828 J4 2 600,876 10 0 Advertising tenders, &c. .. .. .. 68 8 6 Compensation for injuries .. .. .. 808 3 8 Engineering surveys.. .. .. .. 16207 £601,915 2 9 £601,915 2 9 Roads and other Works on Goldfieldn and Mineral Lands. Expenditure. \ Income. To Not expenditure on construction of roads, tram- £ s. d. By Balance, being excess of capital expenditure £ a. d. ways, and tracks in mining districts, 011 over capital income for year on goldfields, prospecting-traoks, and on general works, roads, &e., transferred to annual National including a proportion of general "Depart- Development Account .. .. .. 3,698 0 0 mental " administrative expenditure— Auckland district .. .. .. 784 19 6 Nelson district .. .. .. .. 415 4 9 Greymouth district .. .. .. 2,015 13 3 Dunedin district .. .. .. 482 2 6 £3,698 0 0 £3,698 0 0 Construction and Improvement of Harbour-works. Expenditure. Income. £ s. d. £ s. d. £ s'. d. To Net expenditure on wharves, jet- By Recoveries on acoount of expenditure of ties, landings, &c., including a previous years — proportion of general " De- Greymouth district .. .. .. 130 15 5 partmental" administrative Balance, being excess of capital expenditure expenditure— over capital income for year on harbourWhangarei district .. .. 996 310 works, &c., transferred to annual National Auckland district .. .. 597 14 0 j Development Account .. .. .. 3,768 19 1 Nelson district .. .. 331 18 10 Greymouth district .. .. 833 13 4 — 2,759 10 0 River navigation — improvements and protective works— Auckland district .. .. 761 10 0 Stratford district .. .. 65 14 2 Greymouth district .. .. 215 16 8 Dunedin district .. .. 97 3 8 — 1,140 4 6 £3,899 14 6 £3,899 14 6

131

B.—l [Pt. IV].

PUBLIC WORKS DEPARTMENT— continued. NATIONAL DEVELOPMENT ACCOUNT (PUBLIC WORKS FOND) —continued. Income and Expenditure on Capital Account foe the Year ended 31st March, 1926—continued. Lands Improvement, Expenditure. Income. £ s. d' To Net expenditure, including a proportion of £ s. d. By Recoveries on account of expenditure of general " Departmental " administrative previous years — expenditure, on— Roads, &c., works—■ Reclamation works — Hauraki pastoral areas .. .. 19 5 4 Sand-dune areas .. .. .. 1,051 0 3 Balance, being excess of capital expenditure Kohukohu foreshore .. .. .. 14 12 6 over capital income on lands improve-Drainage-works— ment, transferred to annual National Free grants .. .. .. .. 5,808 10 9 Development Account .. 69,684 13 11 Subsidies, &c. .. .. .. 4,684 19 0 Roads, &c., works— Clarence Valley .. .. .. 1,939 011 Hauraki pastoral areas .. .. 153 14 7 Stop-banks— Piako River .. .. .. .. 1,043 12 8 Taieri .. .. .. .. 48,237 5 4 Tokatoka .. .. .. .. 6,620 12 4 River erosion— Blue Mountain S.D., S.G.R. 116 .. 0 2 0 Waimana River .. .. .. 150 8 11 £69,703 19 3 £69,703 19 3 RAILWAY CONSTRUCTION (PUBLIC WORKS FUND) AND RAILWAYS IMPROVEMENT AUTHORIZATION ACT ACCOUNT. Income and Expenditure on Capital Account for the Year ended 31st March, 1926. Public Works Fund: Vote "Railway Construction." Expenditure. Income. To Net expenditure, including a proportion of £ s. d. By Net recoveries during the year— £ s. d. general "Departmental" administrative Whangarei Branch .. .. .. 1,492 2 9 expenditure, on— Land claims, &c. .. .. .. 781 17 3 Dargaville Branch .. .. .. 10,127 10 5 Recoveries on account of expenditure of Huarau Northwards .. .. .. 289,575 17 2 previous years —Unopened lines .. .. 10,711 5 9 East Coast Main Trunk — Credits for amount of ex-Paeroa-Pokeno .. .. .. 1,634 7 9 penditure on sections Waihi—Taneatua .. .. .. 379,284 0 I handed over to New Gisborne-Napier .. .. .. .. 211,734 0 8 Zealand Railways DeWaikokopu Branch .. .. .. 47,945 5 8 partment during the year— £ s. d. Opunake Branch .. .. .. .. 73,593 5 3 Whangarei Branch .. 340,356 12 7 Stratford Main Trunk .. .. .. 85,391 10 8 Huarau Northwards .. 919,494 4 9 Glenhope-Murehison .. .. .. 35,882 6 5 Lawrence-Roxburgh .. 268,457 16 6 Otira-Bealey .. .. .. .. 11,081 0 2 Orepuki-Waiau .. .. 111,955 4 2 Westport-Inangahua .. .. .. 13,229 1 11 1,640,263 18 0 Orepuki-Waiau Extension .. . . 12,486 2 7 Recoveries on account of Lawrence-Roxburgh .. .. .. 60,370 18 5 goods and passenger Survey (new lines and lines not specified) .. 3,752 7 0 traffic — Working-expenses of running Huarau Northwards .. 11,006 14 1 goods and passenger Waihi-Taneatua.. .. 27,824 14 8 traffic — £ s. d. Waikokopu Branch .. 7,257 4 11 Huarau Northwards .. 3,749 14 3 Lawrence-Roxburgh .. 1,996 12 9 Waihi-Tarieatua. . .. 24,575 5 5 48,085 6 5 Waikokopu Branch .. 6,435 6 5 Lawrence-Roxburgh 3,141 10 6 37,901 16 7 1,273,989 10 9 Balance, being excess of capital income over capital expenditure transferred to Railway Construction Account .. .. .. 427,344 19 5 £1,701,334 10 2 £1,701,334 10 2 Note. —The following amounts have been handed over to the New Zealand Railways Department without parliamentary appropriation : (a) Total expenditure on lines handed over during the year 1925-26, £1,640,263 18s. ; (6) expenditure during 1925-26 on lines previously handed over, £1,908 14s. ; (c) recoveries during 1925-26 on account of expenditure of previous years hi connection with lines previously handed over, £11,084 ss. Id. Railways Improvement Authorization Act, 1914 (Portion being expended by Public Worhs Department). Expenditure. Income. To Net expenditure by Public Works Depart- £ s. d. By Balance, being excess of capital expenditure £ s. d. ment out of above account as under— over capital income, transferred to RailSection 5, Auckland-Westfield .. .. 122,066 15 5 ways Improvement Authorization Act Section 7, Finance Act, 1924 — 1914 Account .. .. .. 200,613 6 7 Hutt Valley Railway .. .. 52,488 9 11 Tawa Flat Railway .. .. 3,249 5 5 Proportion of cost of raising loans applied to unopened sections of railway .. 22,808 15 10 £200,613 6 7 £200,613 6 7

132

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PUBLIC WORKS DEPARTMENT—continued. IRRIGATION AND WATER-SUPPLY (PUBLIC WORKS FUND): SCHEMES UNDER CONSTRUCTION. Income and Expenditure on Capital Account for the Year ended 31st March, 1926. Expenditure. Income. To Net expenditure on construction and upkeep By Balance transferred to Irrigation Construction of dams, weirs, water-races, &c., in course Account, being excess of expenditure over £ s. d. of construction, Otago Central schemes— £ s. d. income for year .. .. .. 58,260 3 4 Ardgour .. .. .. .. 254 15 2 Arrow Flat .. .. .. .. 5,123 12 7 Bengerburn .. .. .. .. 36 II 2 Earnscleugh .. .. .. .. 4,952 4 7 Hawkdun .. .. . . .. 594 6 2 Last Chance .. .. .. .. 2,963 10 5 Manuherikia .. .. .. 12,467 15 9 Manuherikia Upper .. .. .. 918 13 8 Miller's Flat .. .. .. .. 31 2 7 Tarras .. .. .. .. 25,693 11 5 Teviot .. .. .. .. 3,919 12 0 Soil survey .. .. .. .. 345 12 5 Surveys and general .. .. .. 964 15 5 £58,266 3 4 £58,266 3 4 Note. —A charge of £1,853 for proportion of " Departmental " administration expenditure has been included for which the Department possesses no parliamentary appropriation under the Irrigation vote. IRRIGATION AND WATER-SUPPLY, SCHEMES IN OPERATIION: IDA VALLEY AND GALLOWAY SCHEMES. Profit and Loss Account for the Year ended 31st March, 1926. Dr. Gr. To Management and operation— By Sales of water — £ s. d. £ s. d. Ida Valley Section— Ida Valley Section .. .. 5,668 1 0 Salaries, wages, horse allow- £ s. d. ance, and other costs of main- £ s. d. £ s. d. Less rebates 896 12 0 tenance .. .. 2,048 17 7 Written off 50 0 0 Galloway Section — 946 12 0 Salaries, wages, horse allow- 4,721 9 0 ance, and other costs of main- Galloway Section .. .. 866 14 5 tenance .. .. .. 456 0 5 Less rebates .. .. 72 13 8 Office rent .. .. 10 0 0 794 0 9 2,514 18 0 Gross proiit on working .. .. 3,000 11 9 £5,515 9 9 £5,515 9 9 To Interest on capital outlay (4£ per cent, per annum £ s. d. £ s. d. on £185,813 2s. 2d.) .. .. .. 8,361 11 10 By Gross profit brought down .. .. .. 3,000 11 9 Interest at 4 per cent, on Depreciation Reserve.. 12 10 3 Net loss for year, transferred to Accumulated Depreciation Reserve Account 1-05235 per cent. Profit and Loss Account .. .. .. 5,455 5 8 on £7,770) .. .. .. .. 81 15 4 £8,455 17 5 £8,455 17 5 IRRIGATION AND WATER-SUPPLY : IDA VALLEY AND GALLOWAY SCHEMES. General Balance-sheet as at 31st March, 1926. Liabilities. Assets. Public Works Fund — £ s. d. Dams, weirs, water-races, &c.— £ s. d. £ s. d. Capital expenditure to 31st March, 1926 .. 192,260 9 7 Ida Valley scheme Consolidated Fund—Excess of maintenance and Proportion of Manorburn interest charges over receipts .. .. 34,306 8 9 dam and headraces .. 52,389 16 9 Depreciation Reserve Account .. .. 407 2 1 Main water-races .. .. 103,159 11 6 Sundry creditors— £ s. d. Distributary water-races .. 13,078 19 0 Ida Valley—Working-expenses .. 110 7 5 " — 168,628 7 3 Galloway— Galloway Section — Working-expenses .. .. 24 4 7 Proportion of Manorburn Conelruction .. .. 20 14 3 dam and headraces .. 11,070 6 9 155 6 3 Dip Creek diverting-weir .. 1,154 9 0 Main water-races .. .. 7.808 2 6 20,032 18 3 188,661 5 6 Staff accommodation .. .. .. 1,330 0 0 Telephone system .. .. .. .. 800 0 0 Stock of materials on hand .. .. .. 1,489 18 4 Interest during construction .. .. 14,233 9 7 Sundry debtors— Ida Valley— £ s. d. Working-expenses .. 2 16 11 Sale of water .. .. 4,475 1 6 4,477 18 5 Galloway— Working-expenses .. 0 12 5 Sale of water .. .. 1,155 16 2 1,156 8 7 Profit and loss —accumulated loss to date .. 14,980 6 3 £227,129 6 8 £227,129 6 8

133

B.—l [PT. IY].

PUBLIC WORKS DEPARTMENT—continued. PUBLIC BUILDINGS (PUBLIC WORKS FUND). Income and Expenditure on Capital Account for the Year ended 31st March, 1 ( J26. Expenditure. £ s. d. i Income. To Parliamentary Buildings .. .. .. 1,112 0 4 By Amounts transferred to Departments as Departmental buildings and offices .. .. 18,762 2 8 under: — £ s. d. £ s. d. Workshops, stores, and garages .. .. 6,149 2 4 Agricultural .. .. 7,931 13 6 Other Government buildings— £ s. d. Education .. .. 3,725 15 2 Courthouses .. .. 8,082 13 6 ; Health and Hospitals .. 31,176 16 8 Prisons .. .. .. 22,252 5 9 Internal Affairs .. .. 98 4 1 Police .. .. .. 14,849 19 0 Justice .. .. .. 7,209 7 7 Postal and Telegraph .. 92,295 0 5 Mental Hospitals .. .. 77,834 11 11 Agricultural .. .. 6,602 13 8 Police .. .. .. 16,594 810 Mental Hospitals .. .. 72,894 7 2 1 Postal and Telegraph .. 89,865 18 7 Health and Hospital Institu- Prisons .. .. .. 24,195 14 1 tions .. .. .. 32,712 0 4 258,632 10 5 Internal Affairs .. . . 98 4 1 Recoveries on account of expenditure of preEducation .. .. 3,725 15 2 vious years:— 253,512 19 1 Workshops, stores, and garages .. .. 45 0 0 Balance, being excess of capital expenditure over capital income transferred to — £ s. d. Parliamentary Buildings .. 1,112 0 4 Departmental buildings and offices and other Government buildings .. .. 13,642 II 4 Workshop, stores, and garages 6,104 2 4 20,858 14 0 £279,536 4 5 1 £279,536 4 5 Note. —No parliamentary appropriation is held under the building votes by the Department for the following : (a) Proportion of " Departmental' administrative expenditure added to cost of buildings under the Department's own control; (0) transfer to other Departments of expenditure (£258,632 10s. 5d.) on buildings which appear in their separate balance-sheets. TIMBER-SUPPLY AND SAWMILLS (PUBLIC WORKS FUND): KATIKATI (TAURANGA). Trading and Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. To Logs unmilled at Ist April, 1925 .. .. 688 18 7 By Sales of timber — £ s. d. £ s. d. Timber on hand, Ist April, 1925 .. .. 358 12 0 Transferred to works .. 187 10 0 Cash sale .. .. 7 0 0 194 io 0 Logs unmilled, 31st March, 1926, after allowing for deterioration.. .. .. .. 500 0 0 Loss on trading .. '.. .. .. 353 0 7 £1,047 10 7 £1,047 10 7 £ s. d. £ s. d. £ s. d. To Loss on trading .. .. .. .. 353 0 7 By Balance .. .. .. .. .. 771 13 7 Rent— Mill-site .. .. 20 0 0 Tramway .. .. 10 0 21 0 0 Depreciation— Plant .. .. .. 6 13 3 Tramway, &c. .. .. 20 8 1 27 I 4 Portion of acquisition expenses written off .. 98 5 8 Interest at 4£ per cent, on net cash advances from Public Works Fund .. .. 272 6 0 £771 13 7 I £771 13 7 : Note. —The following charges have been included for which no parliamentary appropriation under the above vote is held by the Public Works Department : (a) Interest, £272 6s. on net advances from Public Works Fund; (6) depreciation of assets for the year.

134

B.—l TPT. IYI.

PUBLIC WORKS DEPARTMENT—continued. TIMBER-SUPPLY AND SAWMILLS (PUBLIC WORKS FUND): MAKOMAKO SAWMILL. Trading and Profit and Loss Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Timber on hand, Ist April, 1925 .. .. 264 3 8 By Sales of timber .. .. .. .. 4,576 12 3 Milling and cartage .. .. .. 2,850 4 1 Royalty on sleepers, &c. .. .. .. 103 7 2 Wages .. .. .. .. .. 224 2 0 Timber on hand, 31st March, 1926 .. .. 516 16 8 Royalty (value of bush written off) .. .. 533 2 10 Tramway.. .. .. .. .. 50 0 0 Gross profit, carried down .. .. .. 1,275 3 6 £5,196 16 1 £5,196 16 1 £ s. d. £ s. d. To Salaries .. .. .. .. .. 104 18 4 By Gross profit .. .. .. .. 1,275 3 6 Interest on capital at 4J per cent. .. .. 234 011 Net profit for year .. .. .. 936 4 3 £1,275 3 6 £1,275 3 6 £ s. d. £ s. d. To Balance from previous year .. .. 323 5 2 By Net profit for 1925-26 .. .. .. 936 4 3 Accumulated profit .. .. .. 612 19 1 £936 4 3 £936 4 3 Note. —A temporary charge for interest on capital, for which no parliamentary appropriation is held, has been included. TIMBER-SUPPLY AND SAWMILLS (PUBLIC WORKS BUND): WHATORO SAWMILL. Trading and Profit and Loss Account for the Year ended 31st March, 1926. Trading Account. £ s. d. £ s. d. £ s. d. £ s. d. To Stocks, Ist April, 1925 — By Sales of timberRunning stores .. .. 302 4 10 Transfers to Government Logs and timber .. .. 4,407 1 3 works .. .. .. 11,590 18 7 — 4,709 6 1 Cash sales .. .. 2,306 1 0 Milling-expenses .. .. .. .. 3,213 15 4 13,896 ]9 7 Operating stores and supplies .. .. 41 14 2 Timber purchased and delivered .. .. 682 3 3 Logging royalties .. .. .. 2,127 3 8 Cross profit, transferred to Profit and Loss Account .. .. .. .. 3,122 17 .1 £13,896 19 7 £13,896 19 7 Profit and Loss Account. £ s. d. £ s. d. To Salaries .. .. .. •• 404 6 8 By Gross profit brought down .. .. 3,122 17 1 Travelling-expenses, &c. .. .. .. 55 2 9 Interest on capital .. .. ■. 141 5 0 Depreciation on plant and buildings, &c. .. 896 7 1 Net profit for year after providing for interest on capital .. .. .. 1,625 15 7 £3,122 17 1 j £3,122 17 1 Note. —The following charges have been included for which no parliamentary appropriation is held : (a) Interest at 4J per cent, has been temporarily charged on excess of cash advances over recoveries ; (It) depreciation of plant and buildings at Ist April, 1925, has been allowed for.

TIMBER-SUPPLY AND SAWMILLS (PUBLIC WORKS FUND). General Balance-sheet as at 31st March, 1926.

135

Kattkati. Makomako. Whatoro. Total. Liabilities. £ s. d. £ s. d. £ s, d. £ s. d. Treasury Capital Account .. .. 3,965 5 1 3,795 5 3 3,598 2 0 11,358 12 4 Treasury Adjustment Account .. .. •• •• 3,086 17 4 1,262 0 9 .. 4,348 IS 1 Sundry creditors 0 10 0 91 6 5 79 0 0 171 1 5 Accumulated profit .. .. ■ • •• • ■ •• 612 19 1 6,709 16 7 7,322 15 8 7,052 12 5 5,761 11 6 10,387 3 7 23,201 7 6 A ssets. Plant, machinery, and equipment .. .. .. • • 20 8 0 .. 2,963 2 0 2,983 10 0 Buildings and accommodation .. .. .. • • • • • ■ ■ • 635 0 0 635 0 0 Timber rights • • • ■ * • * • • • • • 3,650 0 0 .3,795 5 3 .. 7,445 5 3 Survey and acquisition expenses.. .. . • •• 294 17 1 .. .. 294 17 1 Timber on hand .. •• •• 500 0 0 516 16 8 .. 1,016 16 8 Sundry debtors .. • • • • • • • • • - • ■ 1,449 9 7 37 0 0 1,486 9 7 Rent in advance .. •• •• •• 7 13 5 .. .. 7 13 5 Accumulated loss .. •• •• •• ■■ 2,579 13 11 .. .. 2,579 13 11 Treasury Adjustment Account .. .. .. •• •• •• 6,752 1 7 6,752 1 7 7,052 12 5 5,761 11 6 10,387 3 7 23,201 7 6

B.—l [Pt. IY].

PUBLIC WORKS DEPARTMENT—continued. PLANT, MATERIAL, AND STORES (PUBLIC WORKS FUND). Income and Expenditure on Capital Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Expenditure, including salaries, wages, &c., ! By Sundry recoveries from miscellaneous works— on— Plant—Hire, depreciation, sales, and transPlant .. .. .. .. 49,801 6 3 fers to separate accounts .. .. 44,735 (i 11 Material and stores .. .. .. 59,286 4 4 i Material and stores —Issues, including overMoehau quarry (equipment) .. .. 1,017 14 1 head charges .. .. .. 40,774 17 5 Balance, excess of capital expendituie over capital income for the year transferred to— £ s, d. Plant Account .. 5,065 19 4 Material and Stores Account .. .. 18,511 6 11 Moehau Quarry Account 1,017 14 1 24,595 0 4 £110,105 4 8 £110,105 4 8 Note. —Credit has been taken without parliamentary appropriation under the vote for £3,154, depreciation since 1.917 on plant not in service—transferred to Public Works Departmental Account. PUBLIC WORKS, DEPARTMENTAL (PUBLIC WORKS FUND). Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Net expenditure for years on administration By Income for year as under— and supervision expenses, &c., as under — Fees from— Salaries .. .. .. .. 58,418 11 6 Inspection of electrical installations ... 3 3 0 Extra engineering, clerical, draughting, and Water-power licenses .. .. .. 812 0 6 office assistance .. .. .. 21,800 10 1 Electric-line licenses .. .. .. 51 9 0 Travelling-expenses and transfer expenses of Sale of plans, specifications, &c. .. .. 52 1 5 officers .. .. 17,543 19 11 Balance carried down, being excess of net Equipment an other allowances .. .. 2,459 19 4 expenditure over income for year, prior to Printing and stationery, lithographic work, apportionment against various works .. 130,160 11 10 plans, periodicals, &c. .. .. 9,502 11 8 Books, fees, &c., for students attending Canterbury College .. .. .. 132 1711 Purchase of and repairs to instruments, office requisites, &c. .. .. .. 1,421 18 4 Work done by High Commissioner's staff .. 1,130 0 0 Postages, telegrams, telephone connections, and rents of private letter-boxes and bags 6,910 12 0 Fidelity guarantee policy premiums .. 24 16 8 Expenses of Commissions generally .. 34 6 5 Meal allowances .. .. .. 315 7 5 Rents of offices throughout New Zealand .. 14,069 0 0 Sundries .. .. .. .. lis 9 6 Depreciation on departmental library at 5 per cent. .. .. .. .. .. 42 5 0 Depreciation (total since 1917) written off value of plant not in service and not chargeable to particular works .. .. .. 3,154 0 0 £137,079 5 9 £137,079 5 9 £ s. d. £ s. d. To Balance brought down .. .. .. 136,160 11 10 By Recoveries on account of expenditure of previous years .. .. .. 129 0 1 Amounts apportioned to various works and services as under — £ s. d. Railway construction and improvement .. 50,744 0 0 Public buildings .. 10,508 0 0 Lighthouses and harbourworks .. .. 261 0 0 Tourist resorts .. .. 1,610 0 0 Roads, &c. .. .. 28,903 0 0 Irrigation works .. 2,082 0 0 Contingent defence .. 3,320 0 0 Electric supply.. .. 26,240 0 0 Waihou and Ohinemuri Rivers improvement .. 1,332 0 0 Maintenance of roads .. 1,700 0 0 Maintenance of domains.. 150 0 0 Maintenance of public buildings .. .. 1,000 0 0 127,850 0 0 Balance transferred to Suspense Account for future apportionment .. .. .. 8,18111 9 £136,160 11 10 £136,160 11 10 Note. —The following charges have been included for which the Department possesses no parliamentary appropriation under the above vote : (a) Assessed rentals of offices (£14,069) occupied by Public Works Department throughout New Zealand; (b) depreciation of plant not in service (£3,154).

136

B.—l [PT. IY].

PUBLIC WORKS DEPARTMENT—continued. ACQUISITION AND OPERATION OP QUARRIES (PUBLIC WORKS FUND) : TAURAROA QUARRY. Trading and Profit and Loss Account foe the Year ended 31st March, 1926. Cr. £ s. d. £ s. d. Dr. £ s. d. £ s. d. By Sales of metal — To Stocks, Ist April— Transfers to works .. .. 30,337 11 5 Running-stores .. .. 682 4 11 Cash sales .. .. .. 3,727 14 8 Coal .. .. .. 67 1 0 34,065 6 1 Metal .. .. .. 57 10 9 Stocks 31st March, 1926 — Miscellaneous equipment .. 1,032 3 6 Running stores .. .. 2,166 4 '5 1,839 0 2 Coal .. .. .. 329 10 0 ' Quarrying .. .. .. .. 16,627 13 9 Metal .. .. .. 14 7 6 Crushing .. .. .. .. 16,190 16 6 Miscellaneous equipment .. 773 17 6 Shunting to station-yard .. .. .. 355 10 3 3,283 19 5 Gross profit .. .. .. .. 2,336 410 £37,349 5 6 £37,349 5 6 £ s. d. £ s. d. To Salaries .. .. .. .. 570 19 3 By Gross profit .. .. .. .-. 2,336 410 Accident compensation .. .. .. 63 19 4 Net loss for year .. .. .. 534 13 1 Hire and depreciation of crushers and engines 568 14 2 Depreciation, land, buildings, sidings, &c. .. 1,014 711 Interest— £ s. d. On capital .. .. .. 464 1 9 On plant on loan .. .. 188 15 6 652 17 3 £2,870 17 11 £2,870 17 11 £ s. d. £ s. d. To Net loss, 1925-26 .. .. .. 534 13 1 By Profit from 1924-25 .. .. .. 707 5 2 Balance, profit to 31st March, 1926.. .. 172 12 1 £707 5 2 £707 5 2 Note. —The following charges have been included for which no parliamentary appropriation is held : (a) Interest (temporary charge) on net payments to 31st March, 1926, at 4J per cent, and on value of plant on loan from Plant vote ; (b) allowance for depreciation of fixed assets. Balance-sheet as at 31st March, 1926. Liabilities. A ssets. Present Head Office — Cost. Depreciation. Value. Capital advanced — £ s. d. £ s. d. Sundry assets— £ s. d. £ s. d. £ s. d. To 31st March, 1925 Land .. .. .. 45 0 o 13 10 0 31 10 0 (net).. .. 1,815 2 6 Sidings .. .. .. 225 0 0 67 10 0 157 10 0 Eor year 1925-26 Bridge-girders .. .. 369 0 0 11 )14 0 258 6 0 (net).. .. 9,037 0 1 55 lb. rails .. .. .. 321 7 5 44 11 7 276 15 10 10,852 2 7 Sleepers .. .. .. 571 4 5 142 11 8 428 12 9 Interest— Service rails .. .. . . 354 12 0 56 9 4 298 2 8 To 31st March, 1925 24 14 7 Accommodation .. .. 2,451 19 5 633 19 5 1,815 0 0 For-vear 1925-26 — Bins, housing, engines, rooms, &c. 700 0 0 247 18 4 452 1 8 Quarries vote .. 464 1 9 Ironwork for same .. .. 62 10 0 22 2 9 40 7 3 Plant vote .. 188 15 6 677 U 10 5,100 13 3 1,342 7 1 3,758 6 2 Sundry creditors .. .. 1,783 1 5 Stock of metal on hand . . . . • ■ 14 7 6 Profit and Loss Account—Accumu- Running-,stores on hand.. .. .. 2,166 4 5 lated profit .. .. 172 12 I Coal on hand .. .. . . .. 329 10 0 Tools and equipment on hand . . .. 773 17 6 3,269 11 11 Sundry debtors— Transfer to works .. .. .. 6,272 18 4 Cash sales .. .. .. 170 4 0 6,443 2 4 £13,485 7 11 £13,485 7 11

18 B, 1 [Pt, IVj.

137

B.—l [PT. IY].

PUBLIC WORKS DEPARTMENT—continued. ACQUISITION AND OPERATION OF QUARRIES (PUBLIC WORKS FUND) : TE WERA QUARRY (TARANAKI). Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stripping (proportion written off) .. .. 800 0 0 By Sales of quarry output-for the year (21,682 cubic Quarrying and feeding crasher .. .. 4,247 8 10 yards).. .. .. .. .. 8,686 12 0 Repairs to plant, access, and jig-line .. .. 852 5 6 Stocli of output on hand (604 cubic yards) .. 211 16 0 Coal and oil .. .. .. .. 433 2 2 Drivers'and firemen's wages .. .. 1,152 12 2 Gross profit .. .. .. .. 1,410 19 4 £8,898 8 0 £8,898 8 0 £ s. d. £ s. d. To Supervision .. .. .. .. 242 13 5 By Gross profit for year .. .. .. 1,410 19 4 Loading trucks .. .. .. .. 217 1 9 Balance, being loss for the year .. .. 1,422 19 I Fettling access line.. .. .. .. 106 4 8 Freight on coal, stores, &e., and sundry expenses 372 9 1 Accident and holiday pay .. .. .. 257 1 0 Installation of plant and preliminary expenses (propoition written off) .. .. .. 676 12 0 Interest on capital at 4J per cent. .. .. 656 4 6 Reserve for depreciation, 4 per cent. — £ s. d. Buildings .. .. .. 70 1 7 Access line .. .. .. 136 13 8 Permanent-way .. .. 61 3 3 Jig-line and trucks .. .. 37 13 6 305 12 0 £2,833 18 5 £2,833 18 5 Note. —The following charges have been included for which the Department possesses no parliamentary appropriation under the Quarries vote : (a) Interest at 4f per cent, on net expenditure and on value of plant on hire from the Plant vote ; (b) depreciation for fixed assets has been provided for. Balance-sheet as at 31st March, 1926. Liabilities. ■ Assets. Head Office Original Less Reserve, Present Value ot assets taken over from £ s. d. Cost. or Written off. Value. Railways vote at 1/4/25 .. 11,912 10 4 £ s. d. £ s. d. £ s. d Net expenditure, 1925-26 .. 3,314 10 1 Land.. .. .. .. 624 17 11 .. 624 17 11 Buildings and workers' accommoda--15,227 0 5 tion .. .. .. 1,843 10 1 195 1 7 1.648 8 6 Sundry creditors .. .. 369 6 7 Access line .. .. .. 3,499 211 452 13 8 3,046 9 3 Interest on capital, 1925-26— £ s. d. Permanent-way .. .. 2,849 9 4 219 510 2.630 3 6 Quarries vote ..612 3 0 Jig-line on trucks .. .. 941 18 10 118 13 6 823 5 4 Plant vote .. 44 1 6 Installation of plant and prelimin656 4 6 ary expenses .. .. 3,120 11 7 2,185 8 0 935 3 7 Stripping (in advance of quarrying) 7,043 4 0 3,633 19 11. 3,409 4 1 19,922 14 8 6,805 2 6 13,117 12 2 Supplies and tools on hand .. .. .. 474 19 3 Stock of metal on hand .. .. .. .. 211 16 0 Revenue Account—Loss since commencement of operations under Quarries vote (1/4 .. .. .. 1,422 19 1 Sundry debtors .. .. ~ .. 1,025 5 0 £16,252 11 6 £16,252 11 6

ACQUISITION AND OPERATIONS OF QUARRIES (PUBLIC WORKS FUND). General Balance-sheet as at 31st March, 1926.

138

I Tauraroa Quarry, j Te Wera Quarry. Total. I I Liabilities. £ s. d. £ s. d. £ s. d. Treasury capital (value of assets at 1st April, 1925) .. .. .. 3,355 11 7 11,912 10 4 15,268 1 11 Treasury Adjustment .. .. .. .. .. .. .. 8,174 2 10 3,970 14 7 17 5 Sundry creditors .. .. .. .. .. .. .. 1,783 1 5 369 6 7 2,152 8 0 Profit and Loss (profit) .. .. .. .. .. .. .. 172 12 1 .. 172 12 1 13,485 7 11 16,252 11 6 29,737 19 5 Assets. Sundry assets after allowing for depreciation or charging a proportion against expenses of working" £ s. d. £ s. d. £ s. d. Land .. .. .. .. .. .. .. .. 31 10 0 624 17 11 656 7 11 Buildings and workers'accommodation . . .. .. .. .. 2,307 8 11 1,648 8 6 3,955 17 5 Sidings, access lines, rails, sleepers, &c. .. .. .. .. .. 1,419 7 3 5,676 12 9 7,096 0 0 Jig-line and trucks .. .. .. .. .. .. .. .. '823 5 4 '823 5 4 Installation of plant, &c. .. .. .. .. .. .. .. 935 3 7 935 3 7 Stripping in advance .. .. .. .. .. .. .. .. 3,409 4 1 3,409 4 1 Supplies and tools on hand .. .. .. .. .. .. 3,269 11 11 474 19 3 3,744 11 2 Metal on hand .. .. .. .. .. .. .. 14 7 6 i 211 16 0 '226 3 6 Sundry debtors .. .. .. .. .. .. .. 6,443 2 4 1,025 5 0 7,468 7 4 Profit and Loss (loss) .. .. .. .. .. .. .. 1,422 19 1 1,422 19 1 13,485 7 11 16,252 11 6 29,737 19 5

PUBLIC WORKS DEPARTMENT —continued. MAINTENANCE OF AND REPAIRS TO ROADS, CONTROL OF RIVERS, ETC. (CONSOLIDATED FUND). Income and Expenditure Account for the Year ended 31st March, 1926.

B.—l [Pt. IV].

£ s. d. To Net expenditure as above on maintenance and repairs, bridge renewals, and flood damage .. .. .. 59,550 12 1 Compensation for accidents to workman .. .. .. .. .. .. .. .. .. 150 0 0 Proportion of general " Departmental " administrative expenditure .. .. .. .. .. .• 1,700 0 0 Transfer to Main Highways Account under sec. 14, Main Highways Act, 1922 .. .. .. .. .. 35,000 0 0 Protection of Crown lands from erosion .. .. .. .. .. .. .. .. . • 149 16 9 Contribution towards maintenance, &c., of Waihou and Ohinemuri Rivers improvement .. .. .. 1,258 6 2 Interest at 4£ per cent, credited to Treasury on advances to local bodies from Public Works Fund, " Roads " vote .. 312 15 0 £98,121 10 0 Income. £ s. d. By Heavy-traffic fees, Taumarunui district .. .. .. .. .. .. .. .. .. 137 10 0 Interest on advances to local bodies from Public Works Fund .. • • • • • • •. • • 309 10 5 Balance, being excess of expenditure over income for the year, transferred to annual Maintenance Accounts— £ s. d. Roads, &c. .. .. .. .. .. .. .. .. .. .. 96,416 3 5 Waihou and Ohinemuri Rivers .. .. .. .. .. .. .. 1,258 6 2 97,674 9 7 £98,121 10 0 Note.—The Department possesses no parliamentary appropriation under the above vote for interest, £312 155., credited to Treasury.

139

Expenditure. j " j ~ Maintenance and Repairs to Roads. Renewal of Road Bridges. Restoration of Flood Damage. District. i I I Total. Pree Grants . subsidies. Free Grants . ; Subsldles . | Free Grant8 . Subsidies. . ; I I I ; ; I | I I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ 3. d. Whangarei.. .. .. .. 263 17 5 711 8 0 50 0 0 .. .. 772 3 5 1,722 17 0 111 1 9 744 13 10 4,376 1 5 Auckland .. .. .. .. 1,363 15 4 2,023 6 7 1,484 7 3 .. .. .. 1,334 19 2 777 7 7 1,690 18 2 8,674 14 1 Tauranga .. .. .. .. 1,830 13 6 .. .. 80 10 0 .. .. 2,005 12 2 1,477 18 3 480 8 0 5,875 1 11 Gisborne .. .. .. .. .. .. ! .. .. 250 0 0 .. .. .. 640 11 1 890 11 1 Taumarunui .. .. .. 4,770 13 2 .. .. 86 4 1 .. .. 7,940 4 1 ! .. 3,471 6 2 16,268 7 6 Stratford .. .. .. .. 2,429 11 8 .. 357 3 9 .. .. 277 0 3 1,893 16 6 .. 1,200 7 2 6,157 19 4 Napier .. .. .. .. 328 4 8 250 0 0 .. .. .. .. .. .. .. 578 4 8 Wellington .. .. .. .. 801 10 11 175 0 0 600 0 0 .. .. .. .. .. 686 10 2 2,263 1 1 Nelson .. .. .. .. .. 40 0 0 .. j .. .. 200 0 0 .. .. 1,958 8 2 2,198 8 2 Greymouth .. .. .. 2,412 14 5 441 18 3 33 14 2 1 249 0 0 823 2 3 652 19 0 Cr. 24 14 11 j 200 0 0 200 0 0 4,988 13 2 Christchurch .. .. .. 1,933 16 10 .. .. 10 5 0 .. .. 1,023 4 5 1 900 0 0 1,914 1 0 5,781 7 3 Dunedin .. .. .. .. 630 2 0 516 2 11 218 10 0 .. .. .. 73 1 3 .. 60 6 3 1,498 2 5 16,764 19 11 4,157 15 9 2,743 15 2 425 19 1 1,073 2 3 1,902 2 8 15,968 19 8 i 3,466 7 7 13,047 10 0 59,550 12 1

B.—l [PT. IYI.

PUBLIC WORKS DEPARTMENT —continued. GOVERNMENT AND OTHER DOMAINS (CONSOLIDATED FUND). Income and Expenditure Account fob, the Year ended 31st March, 1926. Expenditure,. Income. To Net expenditure on— By Balance, being excess of expenditure over Government domains — £ s. d. £ s. d. income for the year, transferred to Domains £ s. d. Salaries .. .. .. 4,332 810 Maintenance Account .. .. .. 0,101 5 2 Wages .. .. .. 53 18 11 Coal, coke, water, &c. .. 75 13 3 Flower-seeds bulbs, plants, &c. 238 18 5 Garden implements, manures, &c. .. .. .. 107 10 7 Horse - feed, shoeing, and general .. .. 17 8 1 Departmental expenditure (allocated proportion to cover cost of administration) .. .. .. 150 0 0 4,975 18 1 Other domains and works— Purchase of land and improvements to domains and recreation grounds — Grants .. .. 546 19 2 Subsidies .. .. 578 7 11 1,125 7 1 £6,101 5 2 £6,101 5 2 Notb. —The following charge has been included for which the Department possesses no parliamentary appropriation under the above vote : Proportion of " Departmental " expenditure, £150. MAINTENANCE OF PUBLIC BUILDINGS (CONSOLIDATED FUND). Income and Expenditure Account fop. the Year ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. 5,594 8 0 By Miscellaneous recoveries .. .. 113 18 6 Accident compensation, &c. .. .. 545 9 0 Recoveries from other Departments for— Drainage and water, &c., rates .. .. 304 9 4 Maintenance of buildings, proportion of Maintenance — sewerage rates, &c. .. .. 56,525 2 1 Government Buildings .. .. 69, 298 1 8 Rents of offices — Government Houses .. .. 2,936 15 9 Recovered through £ s. d. Parliamentary Buildings .. 1,801 10 7 Public Accounts .. 13,437 3 8 Workshops (exclusive of Wellington, for * Recovered by assesswhich see separate account) .. .. 1,432 14 2 ment .. .. 9.1,662 0 0 Telephone services .. .. .. 257 10 11 105,099 3 8 Rents paid for Government offices in the Net receipts in connection with adminisDominion . . .. . • .. 11,063 3 2 tration of — Travelling expenses and allowances .. 809 0 1 Engineers' Registration Board .. 362 7 4 Wages of overseers and staff workmen .. 2,708 6 9 Wiremen's Registration Board .. 116 5 7 Advertising and sundries .. .. 80 I 9 Subsidy to Chatham Islands steamer service 112 10 0 £ s. d. Freight and cartage .. 12,140 14 9 Less recovered .. 11,861 7 8 279 7 1 Proportional of " Departmental " administration expenditure .. .. .. 1,000 0 0 Services and supplies for other Departments 1,355 12 1 99,579 0 4 Depreciation at 2 per cent, on brick, stone, or concrete buildings and 3 per cent. wooden buildings— Departmental buildings £ s. d. (£414,847).. .. 9,309 0 0 Government Houses (£50,500) .. .. 1,515 0 0 Ministerial residences (£7,000) .. .. 210 0 0 Parliamentary Buildings (£408,851) .. 8,177 0 0 Workshops, garages, &e. (£38,752) .. .. 1,163 0 0 20,374 0 0 Balance, excess of income before charging interest .. .. .. .. 42,263 16 10 £162,216 17 2 £162,216 17 2 £ s * d* £ s. d. To Interest at 4|- per cent, on capital value— By Balance brought down .. .. .. 42,263 16 10 Kairuru quarry advances (£6,185) .. 278 6 9 Recoveries on account of expenditure of Land, buildings, furniture, and fittings — previous years .. .. .. 209 19 6 Departmental Buildings (£926,175) .. 41,677 17 6 Interest on advances to Kairuru Quarry Co. 371 2 4 Government Houses (£149,723) .. 6,737 10 0 Balance, excess of expenditure over income Ministerial residences (£37,167) .. 1,672 10 0 after charging interest on capital, transParliamentary Buildings (£516,302) .. 23,233 10 0 ferred to Maintenance Account .. 35,674 14 7 Workshops, garages, &'c. (£109,332) .. 4,919 19 0 £78,519 13 3 £78,519 13 3 Note. —The following charges have been included for which no parliamentary appropriation is held by the Department under the vote : (a) Interest at 4J per cent, on capital value of public buildings ; (b) depreciation of fixed assets ; (c) proportion of " Departmental" expenditure. The following credits have been taken without appropriation : (a) Rentals assessed against Departments for accommodation i n General Government Buildings ; (b) value of maintenance work carried out and rates paid for other Departments.

140

B.—l [Pt. IV].

PUBLIC WORKS DEPARTMENT—continued. MAINTENANCE OF PUBLIC BUILDINGS (CONSOLIDATED FUND): WELLINGTON WORKSHOPS. Trading and Profit and Loss Account fob the Year ended 31st March, 1926. l)r. Or. To Materials used — £ s. d. £ s. d. By Output for the yearPurchases during year .. 26,048 19 7 Completed jobs— £ s. d. Add stocks in hand, Ist April, On Trading A ocount .. .. .. 60,075 0 8 1925 .. .. 11,400 1 9 Plant and tool s .. 81 9 7 — Maintenance of shops .. .. .. 2,367 17 9 s 37,449 1 4 . Deduct stocks in hand, 31st 62,524 8 0 March, 1926.. .. 9,800 19 6 Add work in progress, 31st March, 1926 6,785 17 5 — 27,648 1 10 —__ Workshops wages (productive) .. .. 27,793 3 8 69,310 5 5 Cartage (recoverable) .. .. 861 8 8 Deduct work in progress, 31st March 1925 5,987 16 10 Gross profits (carried down) .. .. 7,452 3 5 —— 63,322 8 7 Transfers from stock .. .. .. 432 9 0 £63,754 17 7 £63,754 17 7 £ s. d To Overhead expenses— £ s. d. £ s. d. By Gross profit, brought down .. .. 7,452 3 5 Supervision— Balance, being net loss for year .. 5,850 4 10 Salaries .. .. 2,749 19 11 Supervisory wages .. 2,795 19 6 5,545 19 5 Holiday pay .. .. .. .. 1,438 15 3 Accident compensation .. .. .. 112 12 0 Travelling-expenses .. .. .. 125 14 2 Garage wages and repairs .. .. 481 11 1 Power .. .. .. .. 411 1 5 Maintenance of shops— Transferred from Trading Account .. .. 2,367 17 9 Sundry expenses .. 60 13 6 2,428 11 3 Depreciation— Motor-vehicles .. 73 0 0 Small tools, &c. .. 52 5 8 125 5 8 Depreciation Reserve — Buildings (2 per cent.) 155 0 0 Plant and tools (5 per cent.) 139 5 0 Office furniture (7| per cent.) 9 4 0 303 9 0 Interest at 4 J per cent, on net monthly balances of cash advances from Head Office 2,329 9 0 £13,302 8 3 £13,302 8 3 Note. —The following charges have been included for which the Department possesses no parliamentary appropriation under the above vote : (a) Reserve for depreciation of fixed assets ; (6) interest on cash advances at 4J per cent. ; (c) proportion of " Departmental " administrative expenditure. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Head Office — £ s. d. £ s. d. Land (valuation as at Ist April, 1924) .. 8,700 0 0 Net cash advances, including Buildings— £ s. d. property at valuation .. 45,604 2 2 Valuation as at Ist April, 1924 .. 7,745 0 0 Proportion of " Departmental" Additions, 1925-26 .. .. 667 0 0 administrative expenditure from 8,412 0 0 Ist April, 1925 .. .. 27 0 0 Plant and tools .. .. 2,786 6 10 Interest credited at 4J per cent. Additions, 1925-26 .. .. 81 9 7 since Ist April, 1924 .. 4,266 3 0 49,897 5 2 2,867 16 5 Sundry creditors .. .. .. 4,761 8 2 Less small tools, &c., worn out 52 5 8 Depreciation Reserve — 2,815 10 9 Buildings .. .. .. 613 12 0 Office furniture (value at Ist April, 1924) .. 122 15 0 Plant and tools .. .. 278 10 0 Sundry debtors .. .. .. .. 12,377 0 9 Office furniture .. .. 16 3 0 Work in progress .. .. .. 6,785 17 5 908 5 0 Materials on hand—-Writings-ofi in Suspense .. .. 1,421 19 9 In stock .. .. .. 8,810 8 7 In shops .. .. .. 119 II 5 In transit .. .. .. 870 19 6 — 9,800 19 6 Stocks, &c., deficits (amount to be written off in Appropriation Act, 1926) .. .. .. .. 1,421. 19 9 Profit and Loss Account—Net loss for 1924-25 .. .. 702 10 1 Net loss for 1925-26 .. .. 5,850 410 6,552 14 11 £56,988 18 1 £56,988 18 1

141

B.—l [Pt. IY].

PUBLIC WORKS DEPARTMENT —continued. General Balance-sheet as at 31st March, 1926.

142

Liabilities. „ . . „, . Treasury Capital Treasury Adjustment Depreciation Profit and Loss Writings-off in Other liabilities: t, . , Name of Account. Account Account. Sundry Creditors. Reserves. (Profit). Suspense. Name and Amount. Total ' ; . i j j £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. National Development .. .. .. .. 6,950 2 8 662,200 3 6 58,928 8 2 .. .. 1,761 9 0 .. 729,840 3 4 Permanent-way Account. Railway Construction (and portion of Railways Improve- 5,975,851 0 8 108,347 15 0 120,150 18 7 .. j .. 2,062 7 7 69,276 13 11 6,275,688 15 9 ment) Irrigation (under construction) .. .. .. 422,068 4 5 66,086 18 10 2,480 6 7 .. .. 461 3 11 .. 491,096 13 9 Irrigation (in operation) .. .. .. .. 197,002 15 4 29,564 3 0 155 6 3 407 2 1 .. .. .. 227,129 6 8 Public Buildings (Public Works Fund) .. .. 1,718,133 2 2 3,622 6 5 19,513 5 5 .. j .. 49 3 6 .. 1,741,317 17 6 Timber-supply and Sawmills .. .. .. 11,358 12 4 4,348 18 1 171 1 5 .. 1 4,743 1 9 .. .. 20,621 13 7 Plant, Material, and Stores (Public Works Fund) .. 352,413 12 9 28,996 17 4 22,516 0 11 .. .. 968 12 0 .. 404,895 3 0 Public Works, Departmental .. .. .. 2,172,910 10 6 63,677 6 8 1,767 15 6 74 15 0 .. 0 8 0 .. 2,238,430 15 8 Acquisition and Operation of Quarries .. .. 15,268 1 11 12,144 17 5 2,152 8 0 .. .. .. .. 29,565 7 4 Maintenance of Roads, Bridges, Rivers, &c. (Con. Fund) .. 89,980 15 11 8,695 10 9 .. .. 20 5 0 .. 98,696 11 8 Maintenance of Government and other Domains (Con.Fund) .. 6,061 4 11 367 3 8 .. .. .. 6,428 8 7 Maintenance of Public Buildings (Con. Fund) .. .. 21,565 14 6 .. 4,940 8 9 79,771 4 5 .. 17 4 0 .. 106,294 11 8 Wellington Workshops (Con. Fund) .. .. .. 19,354 1 10 , 30,543 3 4 4,761 8 2 908 5 0 .. 1,421 19 9 .. 56,988 18 1 1 1 1 Totals .. .. .. .. 10,912,875 19 1 1,105,574 10 5 246,600 2 2 81.161 6 6 4.743 1 9 6,762 12 9 69,276 13 11 12,426,994 6 7

B.—i ;pt. IY] .

Chas. E. Bennett, Assistant Under-Secretary. J. J. Gibson, Accountant.

PUBLIC WORKS DEPARTMENT— continued. General Balance-sheet as at 31st March, 1926— continued.

143

Assets. Stores, <fec. Same of Account. Land. BuMings. , Saf »Debtor, out- igt j j J j ' | 'let, 1926). ' j £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. National Development 50 0 0 4,986 5 6 .. .. 29,543 15 10 12,392 8 11 6,659 9 5 .. 1,761 9 0 .. .. 674.446 14 8(a) 729 840 3 4 Railway Construction .. 123,956 17 10 .. .. 463,283 17 2 34,086 18 7 .. .. 2,062 7 7 .. .. 5,652,298 14 7(6) 6,275,688 15 9 (and portion of Railways Improvement) Irrigation (under eon- .. 1,412 5 7.. .. 8,877 17 7 10 18 11 .. .. 461 3 11 .. .. 480,334 7 9(c) 491,096 13 9 struction) Irrigation (in opera- .. 1,330 0 0 .. .. 1,489 18 4 5,634 7 0 .. .. .. .. 14,980 6 3 188,661 5 6(c) tion) 800 0 0(d) )- 227,129 6 8 14,233 9 7(e) J Public Buildings (Pub- 773,737 9 6 957,251 3 10 2,015 12 0 .. 1,335 10 3 743 13 1 6,185 5 4.. 49 3 6 .. .. .. 1,741,317 17 6 lie Works Fund) Timber - supply and .. 635 0 0 2,983 10 0 .. 1,016 16 8 1,486 9 7 .. 7 13 5 .. 6,752 1 7 .. 7,445 5 3(/) \ fi91 7 Sawmills 294 17 1(g) f 20 ' 621 13 7 Plant, Material, and .. .. 319,144 3 9 .. 56,846 15 3 27,935 12 0 .. .. 968 12 0 .. .. .. 404,895 3 0 Stores (Public Works Fund) Public Works, Depart- .. .. 4,282 15 10 .. 329 2 0 52,615 3 11 ... 11 11 5 0 8 0 .. .. 944 12 3(h) ~) mental 2,172,065 10 6(i) !>2,238,430 15 8 8,181 11 9(j) J Acquisition and Opera- 656 7 11 3,955 17 5 7,919 5 4 .. 3,970 14 8 7,468 7 4.. .. .. .. 1,250 7 0 935 3 7(k) \ 0Q „ , tion of Quarries 3,409 4 1(1) J ' Maintenance of Roads, .. .. .. .. 522 19 10 478 17 3 .. .. 20 5 0 .. .. 97,674 9 7(m) 98,696 11 8 Bridges, Rivers, &c. j (Con. Fund) Maintenance of Go- .. .. .. .. 327 3 5 .. .. .. .. .. .. 6,101 5 2(m) 6,428 8 7 vernment and other j Domains (Con. Fd.) n "j Maintenance of Public .. .. 24,169 17 2 2,229 10 3 7,254 10 2 .. .. 17 4 0 36,948 15 6 .. 35,674 14 7(to) 106,294 11 8 Buildings (Con. Fd.) -?**» Wellington Workshops 8,700 0 0 8,412 0 0 2,815 10 9 122 15 0 9,800 19 6 12,377 0 9 .. .. 1,421 19 9 .. 6,552 14 11 6,785 17 5(n) 56,988 18 1 (Con. Fund) Total .. 783,143 17 51,101,939 10 2,339,160 17 824,292 12 2579,575 0 9162,484 7 612,844 14 919 4 106,762 12 943,700 17 122,783 8 29,350,287 3 4 12,426,994 6 7 J i (a) Expenditure on national development, 1925—26. (6) Unopened lines. (c) Dams, weirs, races, &c. (d) Telephone system. (e) Interest during construction. '(f) Timberjrights. (g) Survey, &c., expenses. (h) Library. (i) " Unallocated." (j) Suspense. (k) Installation of plant. (I) Stripping (in advance). (m) Maintenance, 1925-26. (n) Work in progress.

B.—L;(PT. IV].

PUBLIC WORKS DEPARTMENT—continued. I hereby certify that the Income and Expenditure Accounts and general balance-sheet, and the subsidiary accounts and balance-sheets for irrigation schemes in operation, and timber-supplies and sawmills, have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the departmental notes as endorsed above. The following Audit comments are appended : — (1) The Profit and Loss Accounts and balance-sheet for irrigation schemes in operation, the Trading and Profit and Loss Accounts and balance-sheets for the Katikati, Makomako, and Whatoro Sawmills, the Tauraroa and Te Wera Quarries, and the Wellington Workshops have been prepared in the local offices from unaudited statements, which have been accepted by Audit for the purpose of this balance-sheet. (2) The book values of the existing assets purchased out of Plant, Material, and Stores vote, and of permanentway materials, do not agree with the stock-sheets submitted. (3) No charge has been made for interest during the construction of works. (4) Separate Revenue Accounts should be submitted for (a) all workshops, (b) railway-construction canteens. (5) The asset represented by accumulated expenditure from departmental vote (£2,172,065 10s. 6d.) should be allocated to the various works upon which the sum has been spent. (6) The value of the assets of the Hawkdun irrigation scheme (£3,700) transferred from the Mines Department is not reflected in the accounts. (7) The Lands Improvement Account should be recouped .for the purchase price of the land exchanged for the watershed of the Waikaremoana electric-power scheme and paid for out of this vote. (8) No payment has been made to the Main Highways Constuction Fund as provided by section 16(b) of the Main Highways Act, 1922, nor is any provision made in the accounts for such liability. (9) Expenditure from Public Works Fund, General Departmental, Buildings vote, on alterations to buildings, is capitalized, whereas in the opinion of the Audit Office portion of the expenditure is of a revenue nature. (10) Furniture purchased from General Departmental Buildings vote should be separately shown. G. F. C. Campbell, Controller and Auditor-General. PUBLIC WORKS FUND.—ELLESMERE AND FORSYTH RECLAMATION AND AKAROA RAILWAY TRUST ACCOUNT. (Section 383, Land Act, 1924.) Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. £ s. d. Incom.e. £ s. d. To Expenditure under section 6, Ellesmere Land By Rents from Crown lands .. .. .. 1,821 (i 8 Drainage Act, 1905— Interest on loans raised by Board .. .. 430 5 0 Rebates of rent .. .. .. .. 149 19 6 Rent irrecoverable .. . . .. 8 9 9 Improvements of Lincoln-Little River Railway 132 17 6 Cost of administration .. . . .. 83 11 5 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. .. 1,007 3 6 £1,821 6 8 £1,821 6 8 Balance-sheet as at 31st March, 1926. Liabilities. Assets. Sundry creditors — £ s. d. £ s. d. Sundry debtors — £ s. d. £ s. d. Interest under section 6, Ellesmere Rents .. .. .. 57 5 10 Land Drainage Act, 1905 .. 439 5 0 Less Irrecoverable Account .. 8 9 9 Rents charged in advance ... .. 448 5 4 48 16 1 Administration .. .. .. 40 3 3 Treasury Adjustment Account .. .. 9,263 16 3 Improvement of line .. .. 132 17 6 1,060 11 1 Accumulated fund .. .. .. .. 8,255 1 3 £9,315 12 4 £9,315 .12 4 31st July, 1926. J. J. Gibson, Accountant, Public Works Department. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby —G. F. C. Campbell, Controller and Auditor-General.

144

B.—l [PT. IV].

NEW ZEALAND GOVERNMENT RAILWAYS. Capital Account as at 31st March, 1926.

19— B. 1 [PT. IY].

145

Total to 31st March, Year ended Total to 31st March, Total to 31st March, Year ended Total to 31st March. 1925. 31st March, 1926. 1926. 1925. 31st March, 1926. j 1926. Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Lines open for traffic .. .. 34,500,174 10 10 2,539,345 10 11 37,039,520 1 9 From General Government Funds — Rolling-stock .. .. .. 9,745,139 15 9 482,631 14 0 10,227,771 9 9 Public Works Fund .. .. 40,254,375 4 1 2,473,410 1 8 42,727,785 5 9 Lake Wakatipu steamer service .. 44,300 11 1 .. 44,300 11 1 Wellington-Hutt Railway Improve- 228,373 5 5 .. 228,373 5 5 House-factory and sawmill at Frankton 146,323 3 6 10,695 13 6 157,018 17 0 ment Account Junction Railways Improvement Account, 1904 641,275 7 8 .. 641,275 7 8 Stores and material.. .. .. 134,808 8 6 5,257 2 1 140,065 10 7 Railways Improvement Authoriza- 1,185,537 4 8 * 534,662 7 4 1,720,199 12 0 tion Act, 1914 Account Consolidated Fund .. .. 4,296 7 10 .. 4,296 7 10 Westport Harbour Loans.. .. 350,000 0 0 .. 350,000 0 0 Works constructed from Harbour Board funds — Westport .. .. .. 71,640 0 0 .. 71,640 0 0 Greymouth .. .. .. 47,508 0 0 .. 47,508 0 0 Works constructed by provinces and 1,787,741 0 0 .. 1,787,741 0 0 Midland Railway Company at valuation Advances to Capital Account from .. 3,585 16 8 3,585 16 8 Working Railways Account Outstanding liabilities .. .. .. 26,271 14 10 26,271 14 10 £44,570,746 9 8 3,037,930 0 6 47,608,676 10 2 £44,570,746 9 8 3,037,930 0 6 47,608,676 10 2 * Exclusive of investments held by Treasury at 31st March, 192B (£577,601 5s. 7d.). Note.— Unopened lines are under the control of the Public Works Department, and all expenditure in connection therewith is included in the accounts of that Department.

B. —1 [PT, IV].

NEW ZEALAND GOVERNMENT RAlLWAYS—continued. General Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. j Assets. Sundrv creditors (including unpaid 288,695 27 ; Sawmills— £ s. d. £ s. d. wages) ' | Stocks of timber, &c. .. .. 293,121 11 5 Collections for refund to Harbour 20,583 4 7 j Less reserve .. .. .. 20,427 0 9 Boards, shipping companies, and 272,094 4. 8 other carriers Stores and material on hand— General Reserve Fund .. .. 1,375,662 6 1 Stores Branch .. .. .. 704,628 9 0 General Renewals Fund .. .. 280,835 19 0 Advertising Branch .. .. 1,615 18 9 Betterments Fund.. .. .. 60,000 0 0 Refreshment Branch .. .. 10,426 15 11 Insurance Funds .. .. .. 34,304 16 0 716,671 3 8 Net Revenue Account—Unappropriated 21,022 16 9 Sundry assets— surplus Advertising Branch .. .. 44,096 16 2 Refreshment Branch .. .. 26,396 12 6 70,493 8 8 1 Sundry debtors — Advances to capital .. .. 3,585 16 8 Government Departments .. .. 13,585 12 4 Advances under Hutt Valley Lands 4,240 8 1 Settlement Act, 1925 Work in progress .. .. .. 2,971 6 1 24,383 3 2 Less amounts paid in advance .. 14,245 6 6 10,137 16 8 Accrued interest on investments .. 1,039 11 7 Accrued subsidies on branch lines and 14,710 9 11 isolated, sections 15,750 1 6 Outstandings at stations — ' Cash in hand .. .. .. 30,314 0 5 Freight, &c., owing by Government 26,867 19 11 Departments Freight owing by sundry debtors . . 140,025 2 3 197,207 2 7 Investments .. .. .. .. 175,000 0 0 Cash in Working Railways Account .. 623,150 7 3 £2,081,104 5 0 j £2,081,104 5 0 H. Valentine, A.1.A.N.Z., Chief Accountant, N.Z. Railways. I hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly set out the position as disclosed thereby. The following comments are appended : — (1) These accounts do not contain any provision for the redemption of loan-moneys applied to the construction and improvement of the railways, as there is no statutory authority for making such provision in the accounts. (2) In the case of railways constructed from the Public Works Fund, the interest paid from Consolidated Fund during construction is not included in the Working Railways Accounts. This has since been validated by legislation. G. F. C. Campbell, Controller and Auditor-General. Note. With reference to the first comment above, it should be noted that, with the exception of developmental lines, the user of the railways is required to pay the full cost of the service provided, including interest on the capital cost of construction. The annual instalments for the redemption of the equivalent part of the public debt under the Repayment of the Public Debt Act, 1925, are provided out of taxation. The taxpayer as such and not the user will benefit from the repayment of the debt. R. E. Hayes, Secretary to the Treasury.

146

B.— 1, :PT. IVI.

Net Revenue Appropriation Account. Dr - £ s. d. Cr. £ s. d. To Appropriation to Betterments Fund 58,000 0 0 By Net Revenue Account .. .. 79,022 16 9 Balance carried toward .. .. 21,022 16 9 £79,022 16 9 £79,022 16 9

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1926.

Net Revenue Account.

147

Year 1925-26. Year 1924-25. = ( 7 Gross Revenue. Expenditure. j Net Revenue. Gross Revenue. ! Expenditure. | Net Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railway operating .. .. .. .. .. 7,589,274 2 6 6,164,569 14 1 1,424,704 8 5 7,014,648 13 7 5,533,136 3 11 1 481 512 9 8 Lake Wakatipu service .. .. .. .. .. 10,625 0 0 15,612 14 1 Dr. 4,987 14 1 10,096 2 4 12,279 6 10 Dr. 2'183 4 6 Refreshment service .. .. .. .. .. 133,657 14 6 119,585 9 0 14,072 5 6 104,796 14 0 99,996 14 0 4 800 0 0 Advertising service .. .. .. .. .. 45,454 5 2 31,238 12 2 14,215 13 0 30,731 1 3 29,647 2 5 1 083 18 10 Dwellings .. .. .. .. .. .. 68,661 4 3 129,907 9 10 Dr. 61,246 5 7 52,572 0 0 34,203 0 0 18'369 0 0 Refreshment buildings, bookstalls, &e. .. .. .. 19,062 1 11 7,513 19 7 11,548 2 4 13,347 0 0 390 0 0 12 957 0 0 Miscellaneous revenue .. .. .. .. .. 234,486 13 5 .. 234,486 13 5 50,569 11 0 .. 5o',569 11 0 Subsidies, branch lines and isolated sections .. .. 359, 540 8 6 .. 359, 540 8 6 8,460,761 10 3 6,468,427 18 9 7,276,761 2 2 5,709,652, 7 2 Total net revenue to Net Revenue Account .. .. .. .. 1,992,333 11 6 .. .. j 55-7 jQg j5 0 ' - . . J___ I ' |

Dr. 1925-26. 1924-25. || Cr. , 1925-26. 1924-25. £ S. d. £ s. d. £ s. d. £ s. d. To Interest on capital .. .. .. .. 1,913,310 14 9 1,654,845 4 10 By Net earnings before charging interest on capital .. 1,992,333 11 6 1 567 108 15 0 Surplus for year 1925-26 carried to Net Revenue 79,022 16 9 .. Deficit for year 1924-25 .. .. i ' m'7W q in Appropriation Account ' ' 1,992,333 11 6 1,654,845 4 10 1,992,333 11 6 1,654,845 4 10

B.—l [Pt. IV,J

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure in respect of Railway Operation, Year ended 31st March, 1926.

148

i Per Cent, of Per Cent, of Operating Revenue. ! 1 Operating Revenue. EXPENDITURE. 1925-26. 1924-25. I REVENUE. ! 1G25-26. \ 1924-25. 1925-26. 1924-25. I i 1925-26. 1924-25. _ __J ; I i ! Ji ; I | i_ 1 £ s. d. £ s. d. £ s. d. £ s. d. Maintenance, way and works .. .. 1,144,384 8 10 1,137,628 19 0 15-08 16-22 Passengers, ordinary .. .. 2,271,497 12 7 2,073,456 3 8 29 93 j 29 56 Maintenance, signals .. .. .. 105,063 13 3 83,880 11 1 1-38 1-20 Passengers season tickets .. .. 265,549 4 2 210,741 11 0 3-50 3-00 Maintenance, rolling-stock .. .. 1,311,317 6 8 1,095,639 12 4 17-28 15-62 , Parcels, luggage, and mails .. .. 409,206 13 9 416,223 3 10 5-39 5-93 Examination, lubrication, and lighting of 59,446 15 10 58,500 0 0 0-78 0-83 , Goods .. .. .. .. 4,499,160 0 9 4,117,745 9 7 59-28 58-70 vehicles j Labour, demurrage, &c. .. .. 143,860 11 3 196,481 15 6 1-90 j 2 81 Locomotive transportation .. .. 1,577,173 3 11 1,365,838 1 6 20-78 19-^7 Traffic transportation .. .. .. 1,743,641 8 6 1,626,927 15 7 23-19 1 Head Office and general charges .. .. 82,528 6 1 84, y 21 # 5 1-09 1-21 Superannuation subsidy .. £145,000 0 0 Less amount allocated to subsidiary services, &c. .. .. 3,985 9 0 141,014 11 0 80,000 0 0 1-86 1-14 Total operating expenses .. 6,164,569 14 1 5,533,136 3 11 81 23 78-88 Net operating revenue .. 1,424,704 8 5 1,481,512 9 8 18-77 21-12 7,589,274 2 6 7,014,648 13 7 100-00 100-00 7,589,274 2 6 7,014,648 13 7 100-00 ! 100-00 i 1

B.— 1 rp T . IVI,

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure in respect of Lake Wakatipu Steamers.

Income and Expenditure in respect of Refreshment Service.

149

Per Cent, of .Revenue. I Per Cent, of Revenue. EXPENDITURE. 1 1925-26. | 1924-25. I REVENUE. ! 1925-26. 1924-25. 1925-26. ,'j 1925-26. ] 1924-25. — : j j j £ s. d. £ s. d. ! £ s. d. £ s. d. Salaries and wages, shore staff .. .. 1,706 2 1 j f.16-06 1 Ordinary passengers .. .. .. 4,129 10 6 4,168 16 11 38-87 j 41-30 Salaries and wages, steamer staff.. .. 4,950 10 1 ] j 46-59 Season tickets .. .. .. 187 12 10 204 7 6 1-77 i 2-02 Coal and stores .. .. .. 3,427 12 0 |> 12,279 6 10 32-26 y.117-85 Parcels, luggage, and mails .. .. 1,065 12 11 1,327 2 5 10-03 1 13-14 Repairs, steamers .. .. .. 1,665 4 11 | 15-67 j Goods .. .. .. .. 5,149 0 1 4,270 16 3 48-46 42-30 Repairs, wharves, &c. .. .. .. 680 5 0 J |_ 6-40 J Miscellaneous .. .. .. 93 3 8 124 19 3 0-87 1-24 Insurance renewals and interest .. .. 3,183 0 0 .. 29-96 . 10,625 0 0 10,096 2 4 100-00 100-00 Loss on operation .. .. .. 4,987 14 1 2,183 4 6 15,612 14 1 12,279 6 10 146-94 117-85 15,612 14 1 12,279 6 10 j I

Per Cent, of Revenue. j EXPENDITURE. | 1925-26. ! 1924-25. , j ~ REVENUE. I 1925-26. 1924-25. | j ' 1925-26. | 1924-25. £ s. d. £ s. d. £ s. d. £ s. d. Salaries and wages .. .. .. 37,315 16 11 31,154 2 3 27-92 29-74 Receipts from refreshment-rooms .. .. 133,657 14 6 104,796 14 0 Provisions consumed .. .. .. 54,978 2 10 44,494 13 8 41-13 42-44 Light, fuel, and water .. .. .. 2,266 12 3 2,060 19 11 1-70 1-97 Freights .. .. .. .. 2,545 18 0 2,598 8 0 1-90 2-48 Rents .. .. .. .. 8,915 13 3 5,766 0 0 6-67 5-50 Renewals .. .. .. .. 3,729 4 0 2,653 12 5 2-79 2-53 Betterments .. .. .. .. 5,534 3 5 8,807 8 10 4-14 8-41 Interest, insurance, and miscellaneous .. 4,299 18 4 2,461 8 11 3-22 2-35 Total expenditure .. .. 119,585 9 0 j 99,996 14 0 89-47 95-42 Net profit .. .. .. 14,072 5 6 | 4,800 0 0 10-53 4-58 133,657 14 6 104,796 14 0 100-00 100-00 133,657 14 6 104,796 14 0

B.—l [PT. IV].

NEW ZEALAND GOVERNMENT RAILWAYS— continued. Income and Expenditure in respect of Advertising Service.

Income and Expenditure in respect of Departmental Dwellings

150

Per Cent, of Bevenue. I I Per Cent, of Revenue. EXPENDITURE. | 1925-26. ! 1924-25. i ] REVENUE. ! 1925-26. I 1924-25. ~ 1925-26. ! 1924-25. j | | 1925-26. 1924-25. £ s. d. £ s. d. , £ s. d. £ s. d. Wages and charges .. .. .. 44,924 1 8 b ;f 34-58 \ K , nlt Rentals .. .. .. .. 68,661 4 3 52,572 0 0 52-85 100-00 Materials .. .. .. .. 8,023 8 2 j 3i,i06 U 0 g. lg bo Ub Net loss, 1925-26 .. .. .. 61,246 5 7 .. 47-15 Insurance .. .. .. .. 3,000 0 0 .. 2-31 Interest .. .. .. .. 51,140 0 0 .. 39-36 Renewals .. .. .. .. 22,820 0 0 .. ! 17-57 Net profit, 1924-25 .. .. .. .. 18,369 0 0* .. j 34-94 129,907 9 10 ! 52,572 0 0 \ 100-00 100-00 129,907 9 10 1 52,572 0 0 100-00 100-00 I I 1 ! ! * Interest and renewals not charged against dwellings in accounts for 1924-25.

Per Cent, of Revenue. Per Cent, of Revenue EXPENDITURE. 1925-26. 1924-25. j ; REVENUE. I 1925-26. 1924-25. * | 1925-26. j 1924-25. I 1925-26. 1924-25. £ s. d. £ s. d. £ s. d. £ s. d. Salaries, wages, and allowances .. .. 9,336 4 0 "} f 20-54 Advertising- signs, printing, &o. .. .. 43,542 9 2 29,825 12 11 95-79 97-05 Stores and materials .. .. .. 2,670 4 6 ! 9Q or! 5-87 [ or.dv Miscellaneous receipts .. .. .. 1,911 16 0 905 8 4 4-21 2-95 Rent of premises, sites, and commission .. 12,404 5 5.' ' 0 j 27-30 { ' Office and general expenses .. .. 3,328 110J 7-32 |J Interest, insurance, and depreciation .. 3,105 4 8 .. 6-83 j Betterments .. .. .. .. 394 2 7 .. 0-87 Total expenditure .. .. 31.238 12 2 29,647 2 5 68-73 96-17 Net profit .. .. .. 14,215 13 0 1,083 18 10 31-27 3 -53 j I 1 45,454 5 2 ; 30,731 1 3 100-00 100 00 \ 45,454 5 2 30,731 1 3 100-00 100-00

B.—l [PT. IV].

NEW ZEALAND GOVERNMENT RAILWAYS —continued. Income and Expenditure in respect of Buildings occupied by Refreshment Service, Bookstall Proprietors, etc.

Railway Sawmills and Bush Accounts.— Combined Trading and Profit and Loss Accounts.

151

Per Cent, of Revenue. | EXPENDITURE. 1925-26. 1924-25. REVENUE. 1925-26. 1924-25. I 1925-26. 1924-25. £ s. d. £ s. d. £ s. d. £ s. d. Wages and charges .. .. .. 1,128 14 3 \ „ on / 5-93 2-92 i Rentals .. .. .. .. .. .. 19,062 1 11 13,347 0 0 Materials .. .. .. .. 25 5 4 / dy " u " \ 0 -13 Insurance, interest, and renewals.. .. j 6,360 0 0 .. 33-36 ; Total expenditure .. .. 7,513 19 7 390 0 0 39-42 2-92 i Net profit .. .. .. 11,548 2 4 12,957 0 0 60-58 97-08 19,062 1 11 13,347 0 0 100-00 100-00 19,062 1 11 13,347 0 0

Dr. j 1925-26. 1924-25. Cr. \ 1925-26. j 1924-25. £ s. d. £ s. d. £ s. d. £ s. d. To Stock of timber, firewood, and logs on hand at 1st April, ! 159,538 17 4 136,256 10 5 By Sales, issues, and transfers — £ s. d. 1925 ' Timber .. .. .. 218,851 11 0 Purchases and transfers — £ s. d. Firewood .. .. .. 3,999 3 4 Timber.. .. .. .. 78,081 14 8 Logs .. .. .. .. 34,585 10 3 Firewood .. .. .. 1,235 0 9 257,436 4 7 230,840 12 1 Logs .. .. .. .. 40,910 14 11 120,227 10 4 151,990 10 2 Stocks on hand at 31st March, 1926— Royalty payments .. .. .. .. 14,163 3 0 16,555 4 5 Timber .. .. .. 144,049 11 4 Wages .. .. .. .. .. .. 45,104 11 9 51,364 6 10 Firewood .. .. .. 197 14 0 Salaries and miscellaneous payments, including interest 60,665 12 8 31,313 8 6 Logs .. .. .. .. 1,183 16 8 on capital ~ 145,431 2 0 159,538 17 4 Balance to Reserve Account .. .. .. 3,777 12 0 3,516 18 5 Rents .. .. .. .. .. .. 610 0 6 617 9 4 403,477 7 1 390,996 18 9 403,477 7 1 390,996 18 9

B.—l [PT. IYJ.

NEW ZEALAND GOVERNMENT RAlLWAYS—continued, WORKING RAILWAYS ACCOUNT. Statement op Cash Receipts and Payments eor the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Receipts from Consolidated Fund By Wages and vouchers .. .. 6,556,447 6 1 under subsection 1 (a) (b) of Refunds to Harbour Boards, shipsection 4of Government Railways ping companies, and other carriers 289,994 4 9 Amendment Act, 1925.. .. 475,337 16 8 Interest on capital .. .. 1,913,310 14 9 Revenue receipts .. .. 8,162,941 9 6 Investments .. .. .. 175,000 0 0 "Credits in aid" (Working Rail- Balance as per general balanceways expenditure) .. .. 574,793 8 1 sheet .. .. .. 623,150 7 3 Receipts from Consolidated Fund under subsection 1 (d) of section 4 of Government Railways Amendment Act, 1925 .. .. 344,829 18 7 £9,557,902 12 10 £9,557,902 12 10 RENEWALS AND EQUALIZATION FUNDS FOR THE YEAR ENDED 31st MARCH, 1926. Slips, Floods, and Accidents Equalization Fund. Expenditure. £ s. d. Income. £ s. d. To Rolling-stock .. .. .. 7,300 0 0 By Contributions debited to workingBalance .. .. .. .. 24,205 0 0 expenses .. .. .. 31,505 0 0 £31,505 0 0 £31,505 0 0 Workers' Compensation Fund. Expenditure. £ s. d. Income. £ s. d. To Accident payments .. .. 37,857 4 4 By Premiums debited to working-expenses 43,173 11 6 Balance .. .. .. .. 5,316 7 2 £43,173 11 6 £43,173 11 6 Fire Insurance Fund. jExpenditure. Income. To Fire losses on— £ s. d. £ s. d. Operating buildings .. .. 560 14 6 By Premiums debited to working-expenses 9,664 0 0 Dwellings .. .. .. 1,82711 3 Goods in transit .. .. 60 8 8 Upkeep Railway fire brigades and fire appliances .. .. .. 2,431 16 9 Balance .. .. .. .. 4,783 8 10 £9,664 0 0 j £9,664 0 0 General Renewals Fund. Expenditure. £ s. d. Income. £ s. d. To Relaying of track .. .. 191,918 4 9 By Contributions debited to workingBridges, buildings, &c. .. .. 9,142 8 5 | expenses .. .. .. 553,890 15 4 Signals, interlocking, &c. .. .. 3,478 2 3 Rolling-stock .. .. .. 58,425 19 11 Locomotive workshops and plant .. 9,690 18 10 Dwellings .. .. .. 399 2 2 Balance .. .. .. 280,835 19 0 j £553,890 15 4 £553,890 15 4 Betterments Fund. Expenditure. £ s d. Income. £ s d To Way, works, buildings, and structures 17,711 7 1 By Contributions debited to workingSignals, &c. .. .. .. 582 14 8 expenses .. .. 39,718 1 0 Rolling-stock .. .. .. 15,495 13 3 Appropriation from net revenue .. 58,000 0 0 Refreshment service .. .. 3,534 3 5 Advertising service .. .. 394 2 7 Balance .. .. .. .. 60,000 0 0 £97,718 1 0 £97,718 1 0

152

B.—l |PT. IVJ.

RANGITAIKI LAND DRAINAGE ACCOUNT. Receipts and Payments Account for Year ended 31st March, 1926. f. Receipts. Payments. Cash in Public Account, £ s. d. £ s. d. Drainage-works, stop-banks, clearing chan- £ s. d. Ist April, 1925 .. 42,013 7 2 nels, and other expenditure incidental Cash in Investment Ac- to drainage operations .. .. 16,956 6 10 count, Ist April, 1925 7,000 0 0 Engineering and administration expenses 1,477 16 3 49,013 7 2 Travelling-expenses .. .. .. 100 12 4 Proceeds from sales and transfers of plant, Legal expenses .. .. .. 17 18 3 &c., to other works.. .. .. 350 10 6 Plant and machinery .. .. 31 8 6 Rents .. .. .. .. 128 18 8 Loose tools .. .. .. .. 10 12 8 "Thirds" .. .. .. .. 11 5 0 Material and stores .. .. .. 1,213 12 4 Rates .. .. .. .. 76 6 9 Fuel .. .. .. .. 1,891 5 6 Interest on investments .. .. 918 12 1 Refund of rates paid by ratepayers and Sundries .. .. .. .. 432 10 11 later remitted under section 14, Appropriation Act, 1924 .. .. .. 5,048 5 5 Balance at 31st March, 1926— £ s. d. Cash in Public Account 4,183 13 0 Cash in Investment Account .. .. 20,000 0 0 24,183 13 0 £50,931 11 1 £50,931 11 1 Revenue Account por Year ended 31st March, 1926. Dr. Or. Rates written off under £ s. d. £ s. d. £ s. d. section 22, Finance Act, Accrued rents . . .. .. 126 1 0 1925 .. .. 28,414 14 1 "Thirds" .. .. .. .. 11 5 0 Less principal originally Interest on investments .. .. 1,17919 6 credited to Suspense Balance transferred to Drainage Works Account .. .. 6,485 0 0 Account .. .. .. .. 42,180 611 — — 21,929 14 1 Interest on debentures .. .. 21,567 18 4 £43,497 12 5 £43,497 12 5 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Loan Account .. .. .. .. 510,000 0 0 Drainage - works—Expenditure in conITnpaid purchase-money, sundry Natives 210 1 1 nection therewith, including wages, Suspense Account .. .. .. 3,472 311 supplies, administration, and engineerSundry creditors .. .. .. 1,384 11 0 ing expenses, and depreciation of plant 491,739 11 10 Interest contributed by Consolidated Fund 26,544 4 2 Less amount irrecoverable by way of Interest on debentures accrued but not due 5,114 4 1 rates as provided in section 22, Finance Rates paid in advance .. .. 72 12 2 Act, 1925.. .. .. .. 286,739 11 10 Rent paid in advance.. .. 1 10 0 Works cost recoverable out of rates .. 205,000 0 0 Amount irrecoverable by way of rates as provided in section 22, Finance Act, 1925 .. .. .. ..286,739 1110 Plant and machinery.. ... .. 23,498 8 0 Live-stock .. .. .. .. 48 7 6 Loose tools . . .. .. .. 451 0 0 Buildings .. .. . . . . 1,350 11 0 Material and stores .. .. .. 825 4 5 Fuel .. .. .. .. .. 237 13 4 Sinking Fund in hands of Public Trustee 904 5 4 Land for Settlements Account .. .. 20 0 0 Sundry debtors, for rates .. .. 3,16118 1 Sundry debtors, for rents .. .. 6 7 8 Sundry debtors, miscellaneous .. .. 76 8 5 Sundry debtors, interest on investments 295 17 10 Cash in Public Account, £ s. d. 31st March, 1926 .. 4,183 13 0 Cash in Investment Account .. .. 20,000 0 0 24,183 13 0 £546,799 6 5 £546,799 6 5 .T. B. Thompson, Under-Secretary for Lands. 26tli July, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of the Chief Engineer, Auckland, submitted for audit, and correctly state the position as disclosed thereby, except that no rates have been levied for the year as provided by section 6of the Rangitaiki Land Drainage Act, 1910. The accounts do not include a charge for any portion of the Government subsidy paid to the Superannuation Fund. —G. F. C. Campbell, Controller and Auditor-General.

20— B. 1 [PT. IYJ.

153

B.—l !PT. IV

REPATRIATION. Interest Account for the Year ended 31st March, 1926. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest paid to Treasury .. 5,269 16 0 By Interest on bills of sale .. 5,363 2 6 Interest due to Treasury over- Interest on bills of sale overdue at 31st March, 1926 .. 10.535 1 0 due at 31st March, 1926 .. 10,535 1 0 15,804 17 0 15,898 3 6 Less interest due to Treasury Less overdue at 31st March, overdue at 31st March, 1925 11,321 5 10 1925 .. .. 11,321 5 10 4,483 11 2 —— 4,576 17 8 Less realizations (interest) 238 8 8 4,338 9 0 Interest on temporary investments .. .. 136 2 2 Interest on bank balances .. .. . . 9 0 0 £4,483 11 2 £4,483 11 2 Management Expenses Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Audit Office services .. .. .. 175 0 0 By Sundry fees .. .. .. .. 118 11 Cleaning and messenger services .. .. 65 0 0 Balance recouped in accordance with section 13 Commission .. .. .. .. 1496 (3) of the State Advances Amendment Act, Postages and telegrams .. .. .. 501 19 11 1922 .. .. .. .. .. 5,641 410 Post Office services .. .. .. 650 0 0 Printing and stationery .. .. .. 400 1 6 Rent .. .. .. .. .. 250 0 0 Salaries .. .. .. .. .. 3,500 0 0 Solicitor's costs and Court costs . . .. 65 12 10 Training subsidy .. .. .. .. 2100 £5,643 3 9 £5,643 3 9 Statement of Liabilities and Assets as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Liability to Loans Redemption Account as at Investment Account — 31st March, 1925 .. .. .. 1,302,483 11 10 Principal owing by mortgagors 418,337 11 1 Plus amount written off as irrecoverable Less reserve for bad debts 11,175 17 4 subsequently recovered .. .. .. 1,625 0 0 407,161 13 9 1,304,108 11 10 Less Suspense adjustments 146 1 6 Less overdue and accrued at 407,015 12 3 31st March, 1925 — Buildings and farm assets .. .. .. 7,773 1 7 £ s. d. Losses in Suspense .. .. .. .. 13,609 6 0 Interest .. .. 12,354 5 3 Interest on mortgages overdue .. .. 10,535 1 0 Principal .. .. 4,495 19 11 Cash in hand and in bank at 31st March, 1926 .. 6,622 0 10 16,850 5 2 Liability as at Ist April, 1925 .. .. 1,287,258 6 8 Less repayments during year ended 31st March, 1926 .. .. .. .. 53,754 0 5 1,233,504 6 3 Less expenditure irrecoverable to 31st March, 1925 815,634 7 7 Management expenses for the year ended 31st March, 1926 .. .. 5,641 4 10 819,275 12 5 414,228 13 10 Treasury— Principal .. .. 5,605 11 3 Interest .. .. 915 13 3 6,521 4 6 Suspense Account .. .. .. 100 16 4 Depreciation reserve for buildings .. .. 560 0 0 Writings off Suspense .. .. .. 13,609 6 0 Interest on advances from War Expenses Account, overdue .. .. .. 10,535 1 0 £445,555 1 8 £445,555 1 8 State Advances Office, Wellington, Bth February, 1927. Robt. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General.

154

B.—l [PT. IV].

STATE FIRE INSURANCE OFFICE (ACCIDENT BRANCH). Revenue Account of the Accident Branch of the State Fire Insurance Office for the Year ended 31st December, 1925. £ s. d. £ s. d. Premiums after deduction of reinsurances 49,966 16 fi Free year bonus on personal accident £ s. d. policies .. .. .. .. 197 0 0 Interest .. .. 8,983 1 2 Claims .. .. .. .. 30,552 10 11 Less land and income tax 1,874 811 Commission.. .. .. .. 5,589 16 8 7,108 12 3 Salaries .. .. .. .. 6,025 0 0 Contribution to Public Service Superannuation Fund .. .. .. 145 0 0 Expenses of management .. .. 1,515 011 Further appropriation to reserve for unearned premiums .. .. .. 4,660 1 5 Amount, of Accident Funds, 31st December, 1925 .. .. .. .. 8,390 18 10 £57,075 8 9 £57,075 8 9 Balance-sheet of the Accident Branch of the State Fire Insurance Office on 31st December, 1925. Liabilities. £ s. d. Assets. £ s. d. Accident Funds, as per Revenue Account 8,390 18 10 Debentures issued under authority of the Claims admitted (proofs not yet com- Finance Act, 1915 .. .. .. 10,000 0 0 pleted) .. .. .. .. 12,000 0 0 New Zealand inscribed stock —War loans 100,500 0 0 Government taxes .. .. .. 1,229 7 2 New Zealand inscribed stock .. .. 3,000 0 0 Commission.. .. .. .. 684 18 11 Local-authority securities .. .. 26,000 0 0 Premium and other deposits ... .. 100 14 3 Mortgages on property .. .. 49,030 0 0 Sundry creditors .. .. . . 54 0 0 £ s. d. Officers' Fidelity Fund .. . . 500 0 0 Overdue interest.. .. 26 14 9 Reserve for unearned premiums , . 22,485 1 5 Outstanding interest due but Investment Fluctuation Reserve .. 3,000 0 0 not overdue .. .. 30 0 0 Reserve Fund constituted under section 6 Interest accrued but not due 2,342 4 9 of the Government Accident Insurance 2,398 19 6 Amendment Act, 1924 .. .. 153,558 6 0 Agents' balances .. .. .. 212 311 Sundry debtors .. .. .. 6,819 8 4 Cash in hand and on current account .. 4,042 14 10 £202,003 6 7 £202,003 6 7 J. H. Jerram, General Manager. sth March, 1926. C. B. Redward, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

155

B.—l [PT. IV].

STATE FOREST SERVICE. Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. Payments. To Cash in hand, Ist April, 1925— 2 s. d. £ s. d. £ s. d. By Recoupment of management charges of con- £ s. d. £ s. d. £ s. d. In Post Office .. .. .. .. . . 6,392 9 9 solidated stock .. .. .. .. 31 17 6 In Public Account .. .. .. 4,399 10 10 Stamp duty on transfers .. .. .. 94 19 3 In Investment Account .. .. 165,000 0 0 Adjustment of premium on stock 1935-45 .. 1 9 0 i 169,399 10 10 128 5 9 — 175,792 0 7 Interest on loans .. .. .. .. .. 28',003 16 7 Interest on securities held by Investment ■ 28,132 2 4 Account .. .. .. .. .. .. 7,178 1 10 Transfer to National Endowment Account .. .. .. 9,740 12 2 Forest receipts— Purchase of Akatarawa Reserve .. .. .. .. 10,548 18 1! National endowment .. .. .. 17,043 19 3 Timber-sales .. .. .. ... 107,122 7 7 Capital charges— Timber royalties .. .. .. 6,464 8 5 Sub. II.— General development of State Timber trespass .. .. .. 82 11 1 forests— Leases—Grazing .. .. .. 2,527 1 7 Buildings .. .. .. .. 791 14 0 Leases—Sawmill-sites, &c. .. .. 1,231 9 2 Motor-vehicles, field, and office equipment 1,223 0 2 Leases—Industrial .. . . .. 414 5 4 Forest Atlas .. .. .. .. 420 5 3 License and transfer fees .. .. 113 0 0 Roads, tracks, and telephone-lines .. 528 17 3 Miscellaneous .. .. .. .. 166 15 0 Demarcation.. .. .. .. 225 18 9 Permits—Grazing .. .. .. 50 2 6 Salaries (includes pay of non-permanents) 243 11 4 Permits—Miscellaneous .. .. .. 513 12 0 3,433 6 9 Kauri-gum .. .. . . .. 627 10 10 Sub. 111.— Forest-fire prevention— Fees for inspections and reports .. .. 318 1 1 Equipment. .. .. .. .. .. 47 7 2 Interest on overdue promissory notes .. 149 16 9 Rental of houses .... .. 76 18 4 Sub. IV.— Educational— Opossum revenue .. .. .. 4,073 15 1 Reference library .. .. 181 18 6 Photographic equipment .. .. 31 15 0 140,975 14 0 — 213 13 6 Less adjustments with territorial revenue Sub. V.— Forest research— and goldfields revenue .. .. 1,969 6 1 Arboretum, Rotorua .. .. .. 281 8 5 139,006 7 11 Forest Experimental Station, Westland .. 3,009 13 4 Nurseries and plantations— Timber-testing equipment .. .. 312 10 4 Trees.. .. .. .. .. 10,281 7 4 Salaries .. .. .. .. 53 5 3 Seeds.. .. .. . .. .. 1,510 2 11 — 3,656 17 4 Firewood and poles .. .. .. 114 13 2 Grazing .. .. .. .. 564 12 10 Sub. VI.— General Afforestation— Rental of houses .. .. .. 672 7 5 Nurseries and plantations, planting, &e... 61,568 12 I Sheep and wool .. .. .. 35 9 6 Salaries— Afforestation (includes pay of Miscellaneous .. .. .. .. 365 15 1 non-permanents) .. .. .. 10,865 6 11 13,544 8 3 Land for extension of nurseries and planta152,550 16 2 tions .. .. .. .. 17,764 0 0 Recoveries of expenditure and credits-in-aid— Sand-dune reclamation .. .. 2,594 11 9 Sub. I.—Salaries .. .. .. .. 375 12 11 92,792 10 9 Sub. II.— General development of State forests— Sub. VII.— Acquisition of indigenous forests— Capital charges— Purchase of Waimarino F and 8 Blocks Sales of motor-vehicles, &c. .. .. 108 4 0 and other lands .. .. .. .. 10,711 10 2 Maintenance charges— 110,855 5 8 Destruction of wild pigs ... .. 700 0 0 Operation and Maintenance charges— Timber-cruising, &c. .. .. 108 4 2 Salaries .. .. .. .. 26,230 13 2 Travelling-expenses.... .. 49 5 0 Contribution to Public Service SuperannuaSundries .. .. .. .. 37 7 3 tion Fund .. .. .. .. 1,036 7 1 — — 1,003 0 5 — 27,267 0 3 Carried forward .. .. .. 1,378 13 4 335,520 18 7 Carried forward .. .. .. 27,267 0 3 159,276 19 1

156

B.—l [PT. IV].

STATE FOREST SERVICE— continued. Receipts and Payments Account for the Year ended 31st March, 1926— continued. Receipts— continued. Payments— continued. . £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 1,378 13 4 335,520 18 7 Brought forward .. .. .. 27,267 0 3 159,276 19 1 Sub. 111.—{Forest-fire prevention— Sub. II.— General development of State Capital charges— j forests— Fire-fighting equipment .... 8 15 3 ! Communication expenses, printing and Maintenance charges— stationery .. .. .. .. ], 808 2 2 Wages .. .. .. .. 27 3 3 Fiscal management expenses .. .. 202 15 9 35 18 6 ! Forest and grazing reconnaissance, timber Sub. IV.—Educational— cruising and appraisal, policing patrol, Capital charges— &c. .. .. .. .. 6,165 19 4 Reference library .. .. .. 19 0 Destruction of wild pigs .. .. 1,011 17 2 Maintenance charges— Legal expenses, contingencies, &e. .. 35 0 3 Department bulletins .. .. 31 S 4 Office rent, heating, and lighting .. 2,346 2 11 Sundries .. .. .. .. 3179 Transportation expenses and upkeep of 36 15 1 motor-vehicles .. .. .. 1,077 5 4 Sub. V.—Forest research— Travelling-expenses and transfer of officers 2,704 1 5 Maintenance charges— 15,351 4 4 Sundries .. .. .. .. .. 34 8 8 Sub. 111.— Forest-fire prevention— Sub. VI.—General afforestation— Communication and locomotion expenses 431 18 7 Capital charges— Wages, &c. .. .. .. .. 1,148 15 7 Bursaries and plantations .. .. .. 239 0 8 1,580 14 2 1,724 16 3 Sub. IV.— Educational— Contributions received from local authorities Forest exhibits .. .. .. 163 13 2 in respect of the purchase of the Aka- Photographic records, &c. .. .. 222 9 6 tarawa Reserve— Departmental bulletins and professional Wellington City Council .. .. .. 4,343 12 7 publications .. .. .. 619 2 0 Lower Hutt Borough Council .. .. .. 98 6 10 Rangers' Instruction School .. . . 19-5 3 2 Petone Borough Council .. .. .. 388 7 8 1,200 7 10 Upper Hutt Borough Council .. .. .. 75 17 10 Sub. V.— Forest Research— Hutt County Council .. .. .. .. 191 19 2 Forest ecology .. .. .. 349 0 9 5,098 4 1 Silvicultural management studies .. 400 13 1 Utilization and timber-testing .. .. 1.442 2 10 2,191 16 8 Sub. VI.— General afforestation-— Preparation of planting-plans and forest- ■ extension .. .. .. .. 1,312 5 1 Tree-seed collection, &e. .. ■ ■ 46 2 2 1,358 7 3 Sub. VII.— Acquisition of indigenous forests— Yearly rent, Otanewainuku S.D. .. .. 74 0 0 Sub. VIII.— Grants and subsidies— Payments to local authorities .. .. 6,141 15 4 55,165 5 10 Cash balances at 31st March, 1926— In Treasury .. .. .. .. . . 2 13 4 In Post Office .. .. .. .. •- 37 16 11 In Public Account .. .. • - ■ • 2,358 3 11 Imprests outstanding in the Dominion .. .. 2 19 10 Investment Account .. .. .. .. 125,500 0 0 gH 127,901 14 0 r £342,343 18 11 £342,343 18 11 Note. The receipts include amounts received by the Post Office before the close of the financial year, but not paid into the Public Account until after the 31st March, 1926. t E. Phillips Turner, Secretary of Forestry. A. W. Gyles, A.1.A.N.Z., Accountant. I hereby certify that the statement of receipts and payments has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby.— G. F. C. Campbell, Controller and Auditor-General.

157

B.—l [PT. IV].

STATE FOREST SERVlCE—continued. Income and Expenditure Account foe the Yeae ended 31st March, 1926. (Accounts of nurseries and plantations are separately shown.) Expenditure. Income. To Salaries and contribution to Pub- £ s. d. £ s. d. £ s. d. £ s. d. lie Service Superannuation By Timber—Royalties .. .. 6,243 19 7 Fund .. .. .. .. 19,478 5 2 Sales .. . . 81,056 7 7 General management of State Trespass .. . . 436 19 8 forests— 87,737 6 10 Postages, telephones, telegrams, Leases—Grazing .. .. 2,541 10 2 printing and stationery .. 1,585 19 4 Sawmill-sites .. 1,175 12 11 Destruction of wild pigs .. 583 8 5 Industrial .. .. 507 3 8 Audit fee and collection of 4,224 6 9 revenue .. .. .. 190 12 3 Permits —Miscellaneous .. 752 9 6 Timber cruising, grazing, and Grazing .. .. 99 0 0 forest reconnaissance .. 9,757 19 2 851 9 6 Legal expenses .. . . 12 5 2 Licenses, lease fees, and miscellaneous .. 376 5 6 Office rent, lighting, cleaning, Interest on overdue promissory notes .. 208 12 1 &c. .. .. .. 2,736 18 6 Fees, for inspections and reports .. .. 369 10 10 Pay of non-permanents .. 2,489 8 10 Rental of houses .. .. .. .. 70 18 4 Transportation expenses and Kauri-gum, sale of, and royalties .. .. 628 10 1 upkeep of motor-vehicles .. 1,150 610 Opossum revenue.. .. .. .. 4,073 15 1 Travelling, transfer, and removal expenses .. .. 2,777 4 0 21,284 2 6 Forest-fire prevention— Communication and locomotion expenses .. .. 494 2 6 Wages .. .. .. 1,208 4 9 1,702 7 3 Educational— Forest exhibits .. . . 174 3 0 Photographic records .. 217 18 0 Preparation of departmental bulletins, subscriptions to journals.. .. .. 590 211 Expenses rangers' instruction school .. .. .. 239 4 0 1,221 7 11 Forest research — Forest ecology .. .. 420 5 3 Silvicultural manage m en t studies .. .. .. 545 1 3 Utilization and timber-testing 1,541 4 8 2,506 11 2 Afforestation — Preparation of planting plans and forestry in schools .. .. .. .. 2,086 19 0 Acquisition of indigenous forests — Yearly rent, Otanewainuku S.D. .. 74 0 0 Bad debts .. .. .. .. 425 17 1 Depreciation and maintenance of field and office equipment, motor-vehicles, &c. .. .. •• 2,175 7 2 Balance carried down .. .. 47,585 17 9 £98,540 15 0 £98,540 15 0 £ s. d. £ s. d. To Interest on debentures and stock .. .. 27,818 11 3 By Balance brought down .. .. .. 47,585 17 9 Treasury management expenses of stock .. 33 6 6 Further amount received—Ranfurly Nursery, Stamp duty on transfers of stock .. .. 94 19 3 sale of .. .. .. .. 50 8 0 Adjustments with territorial and goldfields Interest charged to nurseries and plantations 47,947 8 11 revenue .. .. .. • • 1,562 9 0 Land rental charged to nurseries and planAdjustments with Westport Harbour Account 1,035 7 5 tations .. .. .. .. 2,507 19 4 Amount of grazing rent previously wrongly Interest on investments .. .. .. 6,88715 0 credited .. .. . • • • 120 0 0 Profit transferred from Rotorua Seed and TreeTransfer to National Endowment Account growing Account .. .. .. 2,441 8 3 (section 39, Forests Act, 1921-22) .. 15,658 15 4 Payments to local authorities under section 17, Finance Act, 1924 .. .. .. 6,211 3 3 Balance to Reserve Account .. . • 54,886 5 3 £107,420 17 3 £107,420 17 3 Note. —Field officers' salaries, where possible, have been allocated over field operations.

158

STATE FOREST SERVICE— continued. Summary of Plantation Operations at 31st March, 1926.

B.—l !PT. IYI.

Interest calculated at 4 per cent, until 31st March, 1921, and 4J per cent, thereafter. £ s. d. Value of buildings, departmental property, &c. .. .. .. .. 56,046 0 1 Debts on areas planted .. .. . ..... .. 1,098,102 210 £1,154,148 2 11

159

"I leal 1 I v i t J Planitlnn ' Ex P e nditure i Interest on I c f . _ Interest oncost Land Kental Total Actual ffljj Buildings and Debt on Area TotaI Age Area ! sanation. to Date. Actual i <-<»t 01 ireea. Interest on (.ost compounded; Jotal. , Eecei pts. interest on Departmente i planted. Iotal - Age ' Planted. Expenditure. 01 lrees ' Jteceipto. Property. per Acre " North Island. £ e. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Years. Acres. £ s. d. Kaingaroa .. .. 112,080 3 6 25,155 9 0 56,732 19 6 14,921 9 410,268 2 7 219,158 3 11 995 2 5 168 17 817,247 5 5 200,746 18 5 219,158 3 11 15 5 0 3 Puhipuhi .. .. 11,663 12 0 4,478 4 4 1,703 12 9 700 8 1 533 7 9 19,079 4 11 88 7 11 11 5 5 614 14 9 18,364 16 10 19,079 4 11 22 1,200 15 6 0 Waiotapu .. .. 78,268 12 2 52,833 9 9 25,906 0 6 24,180 7 4 2,854 6 3 184,042 16 0 1,070 11 7 270 9 11 6,817 14 4 175,884 0 2 184,042 16 0 27 7,010 25 1 10 Whakarewarowa .. 102,848 13 3 61,457 13 8 23,361 4 11 20,360 16 11 3,823 12 11 211,852 1 8 3,974 6 1 1,218 9 11 8,451 8 3 198,207 17 5 211,852 1 8 28 8,037 24 13 3 South Island. Balmoral .. .. 31,481 10 8 6,239 7 2 15,340 15 3 2,764 6 5 1,559 15 4 57,385 14 10 503 15 8 86 18 2 4,476 0 3 52,319 0 9 57,385 14 10 9 4,667 11 4 2 Blue Mountain .. 3,119 19 5 .. 2,369 3 7 .. 9 17 1 5,499 0 1 29 10 9 .. 1,160 0 3 4,309 9 1 5,499 0 1 1 980 4 7 11 Conical Hills .. 44,871 4 6 30,787 19 0 20,578 10 2 16,228 5 6 4,539 16 4 117,005 15 6 4,372 5 4 1,363 3 4 2,769 0 2 108,501 6 8 117,005 15 6 23 3,533 30 14 2 Dusky Hills .. 18,257 13 9 19,527 18 5 6,667 2 1 8,881 16 4 1,854 13 11 55,189 4 6 516 12 4 178 13 4 794 10 10 53,699 8 0 55,189 4 6 28 746 71 19 8 Gimmerburn .. 3,619 0 1 3,505 18 9 3,288 0 0 3,850 11 10 459 9 7 14,723 0 3 1,507 11 8 911 5 6 193 10 0 12,110 13 1 14,723 0 3 25 88 137 12 5 Greenvale .. .. 29,554 4 10 6,531 9 0 20,881 19 1 4,560 0 5 1,393 18 5 62,921 11 9 334 4 10 46 10 6 3,843 3 1 58,697 13 4 62,921 11 9 9 2,926 20 1 3 Hanmer Springs .. 51,278 9 4 24,220 16 3 15,863 17 8 8,561 2 4 4,557 12 0 104,481 17 7 1,209 12 6 345 19 0 6,004 0 7 96,922 5 6 104,481 17 7 24 5.591 17 6 8 Naseby .. .. 23,952 3 4 11,724 8 1 24,823 11 4 13,262 9 0 1,606 10 4 75,369 2 1 308 15 8 22 11 8 3,018 6 3 72,019 8 6 75,369 2 1 27 2,366 30 8 9 Pukerau .. .. 8,056 16 11 2,383 2 0 2,374 3 6 918 16 6 1,263 6 8 14,996 5 7 .. .. 421 12 2 14,574 13 5 14,996 5 7 10 573 25 8 8 Raincliff .. .. 403 17 2 550 9 1 .. .. 1,228 19 2 2,183 5 5 11 4 0 16 14 8 67 16 3 2,087 10 6 2,183 5 5 24 206 10 2 8 Experimental. Dumgree .. .. 10,438 14 6 8,866 2 4 3,985 7 0 4,494 2 11 5,134 10 9 32,918 17 6 2,751 5 5 1,256 3 4 97 0 0 28,814 8 9 32,918 17 6 22 342 84 10 11 Galloway .. .. 68 19 10 34 18 8 16 0 0 7 16 4 0 3 5 127 18 3 .. .. 24 7 6 103 10 9 127 18 3 10 2 51 15 4 Omarama .. .. 69 12 9 34 1 6 11 0 0 5 12 4 0 14 11 121 1 6 .. .. 22 15 0 98 6 6 121 1 6 10 2 49 3 3 Waitahuna .. .. 267 7 9 257 1 6 63 0 0, 69 16 4 6 4 7 663 10 2 .. 22 15 0 640 15 2 663 10 2 20 11 58 5 0 530,300 15 9258,588 8 6223,966 7 4123,767 17 1141,095 2 01,177,718 11 617,673 6 25,897 2 556,046 0 1 1,098,102 2 101,177.718 11 6 .. 78,313

B.—l [PT. IV].

STATE FOREST SERVICE— continued. ROTORUA NURSERY. Tree-growing and Seed Account for the Year ended 31st March, 1926.

160

Dr. Trees. Seed. ! Total. Cr. Trees. Seed. Total. i ! ! ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock, 1st April, 1925 .. .. .. 7,160 11 2 411 3 11 7,571 15 1 BySales .. .. .. .. .. 8,129 10 6 1,110 7 0 9,239 17 6 Stores .. .. .. .. 860 15 6 3 12 9 864 8 3 Transfers to plantations .. .. .. 3,384 9 4 .. 3,384 9 4 Seedbeds .. .. .. .. ■■ 86 0 5 .. 86 0 5 Transfers to other regions .. .. .. 262 7 9 20 17 11 283 5 8 Transfers to schools .. . . . . 337 10 0 68 12 9 406 2 9 8,107 7 1 414 16 8 8,522 3 9 Transfers to nursery (seed sown) .. .. .. 1,372 16 4 1,372 16 4 Production charges — * Seed-beds, 1926-27 .. .. .. 114 3 2 .. 114 3 2 Seed collection and extraction .. .. .. 2,561 9 4 2,561 9 4 Stores, 31st March, 1926 .. .. .. 858 14 10 5 3 2 863 18 0 Preparation of land .. .. .. 161 15 2 .. 161 15 2 Stock, 31st March, 1926 .. .. .. 8,996 9 0 1,146 0 1 10,142 9 1 Sowing .. .. .. .. .. 1,736 6 6 .. 1,736 6 6 Seed sown .. .. .. 1,372 16 4 .. 1,372 16 4 Cultivation .. .. .. .. 2.249 4 6 .. 2,249 4 6 Lifting .. .. .. .. .. 1,284 2 1 .. 1,284 2 1 Lining out.. .. .. .. .. 572 7 6 .. 572 7 6 Wages, materials, salaries, &c. .. .. 2,594 14 5 .. 2,594 14 5 Nursery on-cost (depreciation, interest, and land 331 0 0 66 0 0 397 0 0 rental) Balance (gross profit) carried down .. .. 3,673 11 0 681 11 3 4,355 2 3 22,083 4 7 3,723 17 3 25,807 1 10 22,083 4 7 3,723 17 3 25,807 1 10 To Distribution charges —selling expenses (wages, 1,564 9 1 131 6 3 1,695 15 4 By Balance brought down .. .. .. 3,673 11 0 681 11 3 4,355 2 3 salaries, materials, advertising, &c.) Office on-cost (depreciation, interest and land rental) 332 0 0 66 16 4 398 16 4 Balance (net profit) carried down .. .. 1,777 1 11 483 8 8 2,260 10 7 3,673 11 0 681 11 3 4,355 2 3 3,673 11 0 681 11 3 4,355 2 3 To Balance transferred to Income and Expenditure .. 2,441 8 3 By Balance brought down .. .. .. .. .. 2,260 10 7 Account Grazing .. .. .. .. .. .. .. 105 13 11 Miscellaneous sales .. .. .. .. .. 75 3 9 £2,441 8 . 3 £2,441 8 3

B. —1 [PT. IY].

161

STATE FOREST SERVlCE—continued. Eotorua Nursery.—Balance-sheet as at 31st March, 1926. JLiabilities. £ s. d. I Assets. £ s. d--2CL254 0 5 | Buildings .. .. •• •• •• q q Capital Account. ........ ■• q q - -A /\ Water-services Formation Live-stock .. .. . . .. .. 100 v Departmental property .. . . .. 1,930 11 4 Seed frames . . .. .. .. 590 0 0 Stores .. . . . . .. .. 863 18 0 Seed-beds, 1926-27 .. .. .. .. 114 3 2 Trees .. .. .. .. .. 8,996 9 0 Seeds .. .. .. .. .. 1,146 0 1 £20,254 0 5 £20,254 0 5 Note.—" Sundry creditors, £481 18s. 6d.," and " Sundry debtors, £434 ss. 9d.," are included in the general balance-sheet. WESTLAND NURSERY. Tree-growing Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stock of trees at Ist April, 1925 (534,000 at By Trees to Westland Experiment Station .. 93 10 0 £2 2s. 6d. per 1,000) .. .. .. 1,135 19 6 Rents .. .. .. .. .. 78 8 4 Stock of seed at Ist April, 1925 —Cost 1925 seed- Consumable stores at Ist March, 1926 .. 62 2 6 beds .. .. .. .. .. 85 0 0 Cost 1926 seed-beds .. .. .. 95 14 2 Consumable stores at Ist April, 1925 .. 30 0 Trees in stock (564,000 at £4 lis. 9d. per 1,000) 2,587 10 8 Operation expenses .. .. ~ 1,100 3 8 Cost of seeds .. .. .. .. 132 16 10 Cost of trees .. .. .. .. 202 3 1 Depreciation .. .. .. .. 74 0 7 Written off goodwill .. . ...45 0 0 Interest on assets .. .. .. .. 86 12 0 Land rental .. .. .. .. 52 10 0 £2,917 5 8 £2,917 5 8 Westland Nursery—Balance-sheet as at 31st March, 1926. £ s. d. £ s. d. Capital Account .. .. .. .. 6,661 19 5 Goodwill of lease .. .. .. .. 405 0 0 Buildings .. .. .. .. .. 1,002 17 7 Fences .. .. .. .. .. 230 7 4 Formation works .. .. .. .. 2,093 18 0 Departmental property .. . . .. 184 9 2 Stores .. .. .. .. .. 62 2 6 Cost 1926 seed-beds .. .. .. .. 95 14 2 Tree stocks .. .. .. .. .. 2,587 10 8 £6,661 19 5 £6,661 19 5 Note. —Sundry creditors for £10 10s. have been included in main balance-sheet. WESTLAND EXPERIMENT STATION. Financial Statement as at 31st March, 1926. £ s. d. £ s. d. Actual expenditure .. .. .. .. 7,296 4 7 Present value of Buildings .. .. .. 561 19 2 Trees from nurseries— £ s. d. „ Fencing .. .. .. 1,027 15 10 Westland Nursery .. 93 10 0 „ Departmental property .. 64 13 3 Other nurseries .. .. .. 490 8 7 Balance, being debt on 482 acres at £12 2s. sd. per 583 18 7 acre .. .. .. .. .. 5,842 IS 7 Cost of preparing land, 1926 planting .. .. 382 16 4 £7,880 3 2 £7,880 3 2 Note.—A creditor for Is. lOd. included in main Balance-sheet.

21 -B. 1 [Pt. IV].

B.—l [PT. IV].

STATE FOREST SERVICE STATE FOREST SERVICE—continued. CANTERBURY-OTAGO REGION. Nursery Tree-growing Accounts for the Year ended 31st March, 1926.

Canterbury-Otago Region—Balance-sheets as at 31st March, 1926.

162

I I j II I Tapanui Naseby | Hanmer !: f , Tapaaui Naseby | Hanmer ! Nursery. Nursery. | Nursery. I; * Nursery. Nursery. Nursery. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stock of trees at 1st IL,059 12 8 1,729 13 411,006 8 9 By Sale of trees .. 1,362 6 10 251 2 8 693 5 3 April, 1925 Sale of tree-seeds .. 96 12 2 .. 17 14 2 Stock of seeds at 1st 92 18 9 .. .. Sundry receipts .. 144 16 4 .. 82 13 1 April, 1925 Trees transferred to 3,402 10 8 316 11 11 5,755 0 1 Stores at 1st April, 127 3 7 0 5 0 122 10 41 plantations 1925 | Trees transferred to 14 3 9 .. 143 1 9 Purchase of seeds .. 178 5 3 15 17 0 527 3 8 other conservation Operation expenses— j regions Seed-sowing .. 103 1 11 9 7 7 285 6 9 Tree-seed transferred! 35 8 3 Sizing seedlings .. 118 2 6 11 4 7 .. to other conservaLifting and bund- 488 3 2 54 12 10 405 19 4; tion regions ling | Trees and seeds for 123 14 9 0 13 0 13 10 9 Lining out .. 68 16 8 48 1 4 63 15 7! forestry in schools General weeding, 960 15 3 226 17 5 967 16 10 Stores at 31st March 112 14 3 0 6 0 237 4 11 &c. | 1926 Repairs ... 193 2 7 .. 174 14 1 Stock of trees at 31st il 0,287 5 01,775 11 11 9,025 10 9 Horse-feed .. 171 18 5 9 1 0 304 0 6 1 March, 1926 Manures .. 5 0 0 .. 32 10 3 Stock of tree-seeds 76 8 0 .. 117 0 0 General mainten- 1,649 11 2 170 6 4 1,658 3 10 at 31st March, ance, &c. 1926 Depreciation .. 199 0 1 47 1 1 315 7 11 Interest at per 240 8 0 21 18 0 221 2 11 cent, on value of land, buildings, d e p a r tmental property, &c. 15,656 0 02,344 5 6 16,085 0 9 15,656 0 02,344 5 6 16,085 0 9

UaWM** Tapanui Naseby Hanmer . , Tapanui Naseby Hanmer Nursery. Nursery. Nursery. : Assets. Nursery. Nursery. Nursery. , I 1 ' I ' T I ' i i ' / £ s. d. £ s. d. £ s. d. j £ s. d. £ s. d. £ s. d. Capital Account .. 115,121 7 7 2,217 6 815,062 9 4 Buildings .. .. 2,165 7 1 .. 2,653 10 6 Fences .. .. 527 16 9 .. 190 8 5 Roads, &c. .. 260 0 0 .. 925 12 4 Bridges .. .. 116 8 6 Water-service .. 162 10 0 25 12 1 329 13 10 Telephones (field) .. 14 11 0 .. 47 1 6 Departmental property 1,296 7 0 313 6 8 1,476 7 1 Live-stock .. .. 102 0 0 102 10 0 60 0 0 Stores .. .. 112 14 3 0 6 0 237 4 11 Stock of trees .. 10,287 5 01,775 11 11 9,025 10 9 Stock of seed .. 76 8 0 .. 117 0 0 15,121 7 72,217 6 815,062 9 4; 15,121 7 72,217 6 8 15,062 9 4 Note. —Items for sundry debtors and sundry creditors are included in main balance-sheet.

B.—l [PT. IY].

STATE FOREST SERVlCE—continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. Sundry creditors— £ s. d. £ s. d. £ s. d. £ s. d. National Endowment Ac- Standing forests at 31st count .. .. 15,658 15 4 March, 1925 .. 34,185,384 1 4 On open account .. 7,520 6 1 Add purchases, 1925-26 10,499 8 0 Goldfields revenue .. 1,046 16 4 Add proclamations, 1925-26 250,761 12 0 Westport Harbour Account 749 10 1 34,446,645 1 4 Local authorities .. 4,903 11 2 Less reserve at 31st March, Interest accrued to 31st 1925 .. .. 402,933 9 0 March, 1926 .. .. 5,271 8 6 Transferred from National 35,150 7 6 Endowment Account .. 25,228 3 5 Sinking fund under Public Transferred from Income and Debt Extinction Act, 1910 .. 3,129 7 5 Expenditure Account .. 54,886 5 3 Assets Suspense Account 483,047 17 8 reserve .. .. .. 271 10 10 Liability for amounts held in 33,963,597 3 8 deposit .. .. .. 2,382 7 2 Forest improvements— Consolidated Fund—Grants Demarcation, tracks, and made .. .. .. .. 59,250 0 0 protection improvements .. 2,273 3 3 Loan Account —Debentures Nurseries and plantations— and stock issued .. .. 601,1.71 6 3 Nurseries .. .. 59,317 3 5 Forest Capital Account at Plantations .. .. 1,154,148 211 31st March, 1925 ..36,498,951 2 7 1,213,465 6 4 Less adjustment of value Land at 31st March, 1925 .. 1,871,872 5 0 of assets .. .. 2,944 17 8 Add purchases, 1925-26 17,926 15 4 Add value of lands pro--36,496,006 4 11 claimed .. .. 13,971 5 0 Add value of lands and 1,903,770 5 4 forests proclaimed pro- Akatarawa Reserve— visional State forests .. 264,732 17 0 Cost of half-interest .. 5,374 17 0 36,760,739 .1 11 Administration expenses 21 7 6 • 5,396 4 6 Experiment and research works — Sand-dune reclamation .. 9,042 0 3 Westland Forest Experimental Station . . 7,880 3 2 Aboretum and sample plots .. .. 710 1 8 17,632 5 1 Departmental property— Buildings .. .. 1,954 12 3 Field equipment .. 2,143 6 0 Office equipment .. 2,898 1 0 Motor-vehicles .. .. 1,206 14 1 Telephone-lines, field .. 309 15 5 Fire-fighting equipment .. 235 14 5 Photographic equipment 181 11 0 • Reference library and exhibits .. .. 816 11 1 Forest ecology equipment ' 177 19 10 Timber-testing equipment 620 17 0 Forest atlas .. .. 1,142 18 7 Stores .. .. 45 11 9 11,733 12 5 Cash in Public Debt Redemption Fund .. .. .. 3,129 7 5 Assets Suspense Account .. .. 271 10 10 Deposit Account, Amounts held in .. .. .. 2,382 7 2 Sundry debtorsState forests and nurseries 211,326 811 Eastbourne Borough Council Account, Akatarawa .. .. 75 17 10 Interest accrued on investments .. .. 1,602 6 6 213,004 13 3 Less reserve for bad and doubtful debts .. 2,500 0 0 210,504 13 3 Official stamps on hand at 31st March, 1926 .. .. 36 7 10 Cash balances at 31st March, 1926— In Treasury .. .. 213 4 In Post Office .. .. 37 16 11 In Public Account .. 2,358 3 11 Imprests outstanding in the Dominion .. .. 2 19 10 Investment Account .. 125,500 0 0 127,901 14 0 £37,462,094 1 1 £37,462,094 1 1 Not?es. —(1.) Ali lands other than lands purchased have been nominally valued at ss. per acre. (2.) The values of standing indigenous forests other than those purchased have been established by the Director of Forestry. (3.) Plantations have been valued at cost plus compound interest less returns compounded. E. Phillips Turner Secretary of Forestry. A. W. Gyles, A.1.A.N.Z., Accountant, I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and with the relative books and documents submitted for audit, and correctly state the position as disclosed ereby, subject to the above departmental notes.—G. F. C. Campbell, Controller and Auditor-G-eneral.

163

B.—l [Pt. IYJ.

SWAMP LAND DRAINAGE ACCOUNT. Receipts and Payments Account foe Year ended 31st March, 1926. Receipts. £ s. d. Payments. Balance as at Ist April, 1925 .. .. 32,865 17 3 „. . £ s - d. £ s. d. Debentures raised under Swamp Land Kaitaia Drainage District— Drainage Act, 1915 .. .. 35,000 0 0 Drainage-works, &c. .. 11,196 16 9 "Thirds" .. 1.1 19 4 Loose tools, &c. .. 50 7 3 Rents .. •• •• 215 2 2 Fuel and stores .. 2,841 15 7 Flax royalty .. • • • • 249 13 8 Management and engineerInterest on'mortgages .. .. 12 19 11 ing expenses .. 1,266 13 7 Interest on investment .. 632 12 0 — 15,355 13 2 Waihi Drainage District— Drainage-works, &c. .. 8,030 6 4 Loose tools .. .. 43 0 0 Fuel and stores .. 1,081 19 9 Management and engineering expenses .. 738 17 11 9,894 4 0 Hikurangi Drainage District— Drainage-works, &o. .. 13,454 10 4 Loose tools .. .. 71 1 5 Fuel and stores .. 5,456 8 8 Management and engineering expenses .. 1,057 17 7 20,039 18 0 Poukawa Drainage District-Drainage-works, &c. .. 91 5 0 Management and engineering expenses .. 23 11 4 114 16 4 Drainage - works, Mangawai .. .. .. 5 2 7 Plant and machinery .. .. 1,647 14 7 Management charges on Consolidated Stock .. 5 15 11 Stamp duty on transfers, Consolidated Stock .. 43 15 0 49 10 11 Interest on debentures .. .. 9,378 18 9 Cash in Public Account, 31st March, 1926 .. 12,430 6 0 Imprests outstanding .. 72 0 0 12,502 6 0 £68,988 4 4 £68,988 4 4

164

B.—l [PT. IY].

SWAMP LAND DRAINAGE ACCOUNT —continued. Balance Sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Debentures issued under Swamp Land Kaitaia Drainage District— £ s. d. £ s. d. Drainage Act, 1915 .. .. 456,000 0 0 Drainage-works .. 153,339 0 8 Public Works Fund —Land-improvement Interest Account (proporvote .. .. .. .. 4,563 19 7 tion chargeable to disConsolidated Fund—Accumulated interest trict) .. .. 41,304 18 11 on amounts expended out of Public 194,643 19 7 Works Fund .. .. .. 2,127 7 8 Waihi Drainage District — Sundry creditors— Drainage-works .. 74,898 3 7 Interest accrued but not due .. 7,265 12 5 Interest Account (proporInterest on debentures due and unpaid 4 18 8 tion chargeable to disMiscellaneous .. .. .. 4,306 510 trict) .. .. 18,817 17 1 Consolidated Fund Account—lnterest 93,716 0 8 on debentures paid but not recouped Poukawa Drainage District— from Swamp Land Drainage Account 9,352 10 0 Drainage-works .. 3,048 8 7 Contract Deposit Account .. .. 90 0 0 Interest Account (proportion chargeable to district) .. .. 1,343 11 8 4,392 0 3 Hikurangi Drainage District — Drainage-works .. 85,594 11 4 Interest Account (proportion chargeable to district) .. .. 19,007 17 4 104,602 8 8 Mangawai Drainage District— Drainage-works .. 1,877 15 9 Interest Account (proportion chargeable to district) .. .. 345 12 9 2,223 8 6 Harihari Drainage District—■ Drainage-works .. 4,354 15 1 Interest Account (proportion chargeable to district) .. .. 544 12 6 4,899 7 7 Buildings .. .. .. .2,647 15 11 Plant and machinery .. .. 54,783 18 6 Loose tools .. .. .. 738 17 7 Live-stock .. .. .. 64 7 2 Fuel, &c. .. .. .. 2,762 19 0 Stores on hand .. .. .. 5,336 0 8 Sundry debtors — Advance on mortgage .. .. 260 0 0 Interest on mortgage .. .. 3 5 0 Rent .. . . .. 8 9 8 Miscellaneous.. .. .. 125 9 5 Cash in Public Account .. 12,430 6 0 Imprests outstanding .. 72 0 0 — 12,502 6 0 £483,710 14 2 £483,710 14 2 J. B. Thompson, Under-Secretary for Lands. 19th July, 1926. .J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of Chief Drainage Engineer, Auckland, submitted for audit, and correctly state the position as disclosed thereby. — G. F. C. Campbell, Controller and Auditor-General.

165

B. 1— [PT. IY].

TOURIST AND HEALTH RESORTS DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1926. Expenditure. Income. To Working Accounts —Net loss after charging in- By Working Accounts —Net profit after charging £ s. d. terest and portion of Head Office expenses— £ s. d. interest and portion of Head Office expenses— TeAroha.. .. .. .. .. 2,930 19 11 Rotorua electrical system .. .. .. 2,914 19 9 Rotorua baths .. .. .. .. 9,215 2 1 Rotorua acclimatization .. .. .. 339 13 8 Rotorua Sanatorium .. .. .. 1,524 17 5 Waimangu round trip .. .. .. 393 17 5 Rotorua gardens .. .. .. .. 4,383 3 9 Waitomo Caves, hostel, and guiding .. .. 3,220 3 4 Rotorua water and drainage . . .. 3,955 5 5 Miscellaneous receipts—Advertising receipts, Lake House, Waikaremoana .. .. 1,099 1 8 sale of photographs, &c. .. .. .. 471 19 1 Morere Hot Springs . . .. .. 140 0 1 Balance—Excess of expenditure over income Queenstown .. .. .. .. 770 18 4 after charging interest. .. .. .. 36,566 2 1 Hermitage Hostel (leased) .. .. .. 1,851 8 10 Te Anau steamer and hotel (leased) .. .. 274 1 9 Glade House and Milford Track .. .. 2,382 18 5 Passenger-booking bureaux .. .. .. 887 19 6 Sydney and Melbourne agencies .. .. 3,238 9 1 Miscellaneous reserves .. .. .. 3,474 16 7 Advertising (general) and subsidies to advertising campaigns .. .. .. .. 3,257 13 4 Subsidies to inland mails .. .. .. 1,051 0 0 Subsidy to Rotorua Borough Council .. 1,300 0 0 Grant to Helensville Domain Board .. .. 1,080 12 0 Expenses in connection with Brisbane, Adelaide, Vancouver, Durban, and San Francisco agencies .. .. .. .. 236 6 0 Miscellaneous general expenses .. .. 852 1 2 £43,906 15 4 £43,906 15 4 Te Aroha.—Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stores on hand at Ist April, 1925 .. .. 614 4 By Receipts .. .. .. .. .. 1,557 11 2 Salaries and wages.. ... .. .. 1,938 13 0 Stores on hand at 31st March, 1926 .. .. 10 3 10 Repairs, painting, &c., and proportion of Balance carried down m .. .. .. 1,888 12 8 administrative expenses .. .. .. 1,234 2 8 Depreciation .. .. .. .. 276 17 8 £3,456 7 8 £3,456 7 8 £ s. d. £ s. d. To Balance .. .. .. .. ..1,888128 By Net loss, to Income and Expenditure Account.. 2,930 19 11 Proportion of Head Office expenses .. . . 366 6 4 Interest on capital.. .. .. .. 676 0 11 £2,930 19 II £2,930 19 11 Rotorua Baths.—Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Stores on hand at Ist April, 1925 .. .. 50 12 11 By Receipts .. .. .. .. .. 5,948 5 2 Salaries and wages.. .. .. .. 9,030 4 3 Stores on hand at 31st March, 1926 .. .. 6 5 4 Purchase of stores .. .. .. .. 585 6 4 Bailance carried down .. .. .. 6,561 9 4 Repairs, electric energy, stationery, &c. .. 1,469 13 4 Depreciation .. .. .. 1,380 3 0 £12,515 19 10 £12,515 19 10 £ s. d. £ s. d. To Balance .. .. .. .. •• 6,561 9 4 By Net loss, to Income and Expenditure Account.. 9,215 2 1 Proportion of Head Office expenses .. .. 470 3 2 Interest on capital.. .. .. 2,183 9 7 £9,215 2 1 £9,215 2 I Rotorua Sanatorium. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stores on hand at Ist April, .1925 .. .. 392 18 1 By Eees receivable .. .. .. .. 5,556 15 6 Salaries and wages.. .. .. .. 2,522 18 9 Miscellaneous receipts .. .. .. 299 17 5 Purchase of stores .. .. .. .. 2,082 16 4 Stores on hand at 31st March, 1926 .. .. 557 7 9 Services rendered by Rotorua baths .. .. 860 16 8 Balance carried down .. .. .. 936 13 9 Electric energy, freight, stationery, and portion of Rotorua administrative expenses .. 1,085 8 1 Depreciation .. .. • • • ■ 405 16 6 £7,350 14 5 £7,350 14 5 £ s. d. £ s. d. To Balance .. ■. ■ ■ • • • • 936 13 9 By Net loss, to Income and Expenditure Account.. 1,524 17 5 Proportion of Head Office expenses .. .. 244 3, 9 Interest on capital.. .. .. .. 343 19 11 £1,524 17 5 £1,524 17 5

166

B.—l [Pt. IY].

TOURIST A-VJJ hkAt.tk t;rcm;Ts nil UNT itOTORUA GARTENS.—WORKING ACCOUNT FOE THE YEAR ENDED 31ST MARCH, 1926. Dr. £ s. d. Gr. £ s. d. To Salaries and wages.. .. .. .. 2,677 17 8 By Receipts .. .. .. .. .. 885 5 0 Purchase of stores .. .. .. .. 561 10 9 Balance carried down .. .. .. 3,287 0 3 Miscellaneous expenses and portion of Rotorua administrative expenses .. .. .. 742 6 3 Depreciation .. .. .. .. 190 10 7 £4,172 5 3 £4,172 5 3 £ s. d. £ s. d. To Balance .. .. .. .. .. 3,287 0 3 By Net loss, to Income and Expenditure Account.. 4,383 3 9 Proportion of Head Office expenses .. .. 389 9 6 Interest on capital .. .. . . 706 14 0 £4,383 3 9 £4,383 3 9 Rotorua Electrical System.—Working Account for the Year' ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Salaries and wages .. .. .. 3,302 18 6 By Sale of electric energy .. .. .. 10,912 15 1 Purchase of stores .. .. .. 671 0 8 Discounts forfeited .. .. .. 182 15 6 Purchase of electric energy, repairs, and Miscellaneous receipts .. .. .. 273 14 0 portion of Rororua administrative expenses 1,136 9 10 Stores on hand at 31st March, 1926.. .. 117 7 8 Depreciation .. .. .. .. 1,379 710 Balance carried down .. .. .. 4,996 15 5 £11,486 12 3 £11,486 12 3 £ s. d. £ s. d. To Interest on capital .. .. .. 1,654 11 4 By Balance .. .. .. .. 4,996 15 5 Proportion of Head Office expenses .. .. 427 4 4 Net profit to Income and Expenditure Account 2,914 19 9 £4,996 15 5 £4,996 15 5 Rotorua Water and Drainage.—Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Salaries and wages .. .. .. 1,330 13 0 By Water charges .. .. .. .. 3,300 1 0 Purchase of stores .. . . .. 132 9 4 Miscellaneous receipts . . .. . . 110 17 7 Discounts allowed, repairs, and proportion of Balance carried down .. .. . . 401 9 11 Rotorua administrative expenses .. .. 867 13 10 Depreciation .. .. .. 1,481 12 4 £3,812 8 6 " £3,812 8 6 £ s. d. £ s. d. To Balance .. .. .. .. 401 9 11 By Net loss to Income and Expenditure Account 3,955 5 5 Interest on capital .. .. .. 3,155 1 3 Portion of Head Office expenses .. .. 398 14 3 £3,955 5 5 £3,955 5 5 Rotorua Acclimatization. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. ! Or. £ s. d. To Stores on hand at Ist April, 1925 .. .. 4 6 6 By Sales of licenses .. .. . . .. 1,918 7 6 Salaries and wages .. .. .. 771 16 9 Opossum revenue .. .. .. 225 6 11 Purchase of stores .. .. .. 237 8 4 i Miscellaneous receipts .. .. .. 112 17 0 Commission allowed and proportion of Rotorua Stores on hand at 31st March, 1926.. .. 2 6 5 administration expenses, &c. .. .. 477 15 5 Depreciation .. .. .. .. 173 17 8 Balance carried down .. .. .. 593 13 2 £2,258 17 10 £2,258 17 10 £ s. d. £ s. d. To Proportion of Head Office expenses .. .. 191 0 2 By Balance carried down .. .. .. 593 13 2 Interest on capital .. .. .. 62 19 4 Net profit to Income and Expenditure Account 339 13 8 £593 13 2 £593 13 2

167

B,—l [Pt. IV].

TOURIST AND HEALTH RESORTS DEPARTMENT-—continued. "Waxmaytott "Round Trip.—Working Account for the Year 1926. Dr. £ s. (1. (Jr. £ s. d. To Stores on hand at Ist April, 1925 .. .. 119 5 9 By Receipts .. .. .. .. 2,552 9 0 Salaries and wages .. .. .. 1,227 8 6 Stores on hand at 31st March, 1926.. .. 56 15 I! Purchase of stores .. .. .. 175 1 6 Proportion of Rotorua administrative expenses 248 18 4 Depreciation .. .. .. . . 182 1 0 Balance carried down .. .. .. 786 2 2 £2,738 17 3 £2,738 17 3 £ s. d, £ s. d. To Proportion of Head Office expenses .. .. 189 7 0 By Balance.. .. .. .. .. 786 2 2 Interest on capital .. .. .. 202 17 9 Net profit to Income and Expenditure Account 393 17 5 £786 2 2 £786 2 2 Waitomo Caves Hostel and Guiding.—Working Account for the Year ended 31st March, 1926. Dr. £ s. d. | Cr. £ s. d. To Stores on hand at 3rd April, 1925 .. .. 129 4 1 By Board and accommodation fees .. .. 4,740 6 9 Salaries and wages .. .. .. 1,693 19 9 Caves fees .. .. .. .. 3,897 10 0 Purchase of stores .. .. .. 2,026 13 7 Miscellaneous receipts .. .. .. 23 2 7 Freight, cartage, repairs, &c. .. .. 604 11 8 Stores at 31st March, 1926.. .. .. 202 7 3 Depreciation .. .. . . .. 273 0 2 Balance.. .. .. .. .. 4,135 17 4 £8,863 6 7 £8,863 6 7 £ s. d. • t . d. To Proportion of Head Office expenses .. 283 010 By Balance.. .. .. .. .. 4,135 17 4 Interest on capital .. .. .. 632 13 2 Net profit to Income and Expenditure Account 3,220 3 4 £4,135 17 4 £4,135 17 4 Lake House, Waikaremoana. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Or. £ s. d. To Stores at Ist April, 1925 .. .. .. 152 3 9 By Board and accommodation fees .. 1,171 17 0 Salaries and wages .. .. .. 519 10 11 Launch and boat hire .. .. .. 172 12 6 Purchase of stores .. . . . . 740 11 2 Miscellaneous receipts .. . . .. 33 5 10 Freight, cartage, postages, &e. .. .. 332 18 2 Stores at 31st March, 1926. . .. .. 252 16 5 Depreciation .. .. . . . . 347 0 0 Balance carried down .. . . .. 461 12 3 £2,092 4 0 £2,092 4 0 £ s. d. £ s. d. To Balance .. .. .. • • . • 461 12 3 By Net loss, to Income and Expenditure Account 1,099 1 8 Proportion of Head Office expenses .. .. 201 6 1 Interest on capital .. .. .. 436 3 4 £1,099 1 8 £1,099 1 8 Morere Hot Springs.—Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Salaries and wages .. .. .. 210 0 0 By Receipts .. . . .. .. .. 418 11 3 Purchase of stores, stationery, &c. .. .. 68 2 6 Stores on hand at 31st March, 1926.. .. 2 7 5 Depreciation .. .. . • .. 64 1 3 Balance carried down .. .. .. 78 14 11 £420 18 8 £420 18 8 £ s. d. £ s. d. To Proportion of Head Office expenses .. .. 77 18 11 By Balance.. .. .. .. .. 78 14 11 Interest on capital .. .. . . 140 16 1 Net loss to Income and Expenditure Account 140 0 I £218 15 0 £218 15 0 Hermitage Hostel, Mount Cook (leased). —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Value of Ball Hutt (destroyed) .. .. 245 13 0 By Rent and interest .. .. 715 16 4 Depreciation .. .. •• •• 704 5 3 Net loss, to Income and Expenditure Account 1,851 810 Interest on capital .. .. .. 1,617 611 £2,567 5 2 £2,567 5 2

168

B.—l IPT. IV

TOURIST AND HEALTH RESORTS DEPARTMENT—continued. Queenstown. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. | Or. £ s. d. To Stores on hand at Ist April, 1925 ~ .. 1 4 5 By Receipts.. .. .. .. .. 255 16 9 Salaries and wages .. .. .. .. 657 18 4 Stores on hand at 31st March, 1926.. .. 1 8 6 Stores, freight, postage, &e. .. .. 138 16 2 Balance carried down .. .. .. 587 11 5 Depreciation .. . . .. .. 46 17 9 £844 16 8 £844 16 8 £ s. d. £ s. d. To Balance .. .. .. .. .. 587 11 5 By Net loss to Income and Expenditure Account 770 18 4 Proportion of Head Office expenses .. .. 80 16 8 Interest on capital .. .. .. 102 10 3 £770 18 4 £770 18 4 Te Anau Steamer and Hotel (Leased).— Working Account for the Year ended 31st March. 1926. Dr. £ s. d. Or. £ s. d. To Repairs to buildings .. • .. .. 112 0 0 By Rents and commission .. .. .. 151 19 11 Depreciation .. .. _ .. .. 127 18 3 Net loss to Income and Expenditure Account .. 274 1 9 Interest on capital .. .. .. 186 3 5 £426 1 8 £426 ] 8 Glade House and Milford Track. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. j Or. £ s. d. To Stores on hand at Ist April, 1925 .. .. 649 19 0 By Board and accommodation fees .. .. 3,567 15 7 Salaries and wages.. .. .. .. 2,428 17 1 Launch and boat fees .. .. .. 524 0 0 Purchase of stores .. .. .. .. 2,392 011 Miscellaneous receipts .. .. ... 167 0 2 Freight and cartage, travelling-expenses, re- Stores on hand at 31st March, 1926 . . .. 934 6 5 pairs, &c. .. .. .. ~ 939 7 2 Balance carried down .. .. .. 1,571 17 I Depreciation .. .. .. .. 354 15 1 £6,764 19 3 £6,764 19 3 £ s. d. £ s. d. To Balance .. .. .. .. 1,571 17 1 By Net loss to Income and Expenditure Account.. 2,382 18 5 Proportion of Head Office expenses .. .. 411 15 1 Interest on capital.. .. .. .. 399 6 3 £2,382 18 5 £2,382 IS 5 Passenger Booking Bureaux. —Working Account for the Year ended 31st March, 1926. Dr. Gr. £ s. d. To Net loss'— £ s. d. By Commission, Government orders .. .. 740 5 0 Auckland.. .. .. .. .. 101 8 9 Net profit— Wellington .. .. .. .. 35 19 9 Rotorua .. .. .. .. .. 50 411 Christchurch .. .. .. .. 145 18 8 Nelson .. .. .. .. 23 1 2 Dunedin .. .. .. .. .. 11 14 10 Miscellaneous .. .. .. .. 10 17 5 Invercargill .. .. .. .. 346 410 Balance carried down .. .. .. 108 18 5 Greymouth .. .. .. . . 292 0 1 £933 6 11 — £933 6 11 £ s. d. To Balance .. .. .. .. .. 108 18 5 £ s. d. Proportion of Head Office expense? .. .. 716 3 5 By Net loss to Income and Expenditure Account .. 887 19 6 Interest on capital .. .. .. .. 62 17 8 £887 19 6 £887 19 6 Sydney and Melbourne. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Salaries and wages.. .. .. .. 1,587 311 By Net loss, to Income and Expenditure Account.. 3,238 9 1 Rents, postages, stationery, &c. .. .. 1,564 6 II Depreciation .. .. .. .. 54 6 0 Interest on capital.. .. .. .. 32 12 3 £3,238 9 1 £3,238 9 1 Miscellaneous Reserves. —Working Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Salaries and wages.. .. .. .. 534 17 0 By Receipts .. .. .. .. .. 570 3 1 Repairs, freight, purchase of stores, &c. .. 669 0 II Balance carried down .. .. .. 1,120 13 10 Depreciation .. .. .. .. 486 19 0 £1,690 16 11 £1,690 16 11 £ s. d. £ s. d. To Balance .. .. .. .. .. 1,120 13 10 By Net loss, to Income and Expenditure Account.. 3,474 16 7 Proportion of Head Office expenses .. .. 409 7 4 Interest on capital.. .. .. .. 1,944 15 5 £3,474 16 7 £3,474 16 7

22—8. 1 [PT. IVJ.

169

B.—l [PT. IY].

TOURIST AND HEALTH RESORTS DEPARTMENT—continued. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. ; Assets. Capital Account .. .. .. .. 458,225 15 4 £ s. d. £ s. d. Sundry creditors .. .. .. .. 13,856 13 5 Land .. .. .. 183,790 15 8 Treasury Adjustment Account .. .. 55,241 5 8 Add additions .. .. 1,181 13 3 Passenger bookings—Ticket Sales Account .. 9,737 1 1 184,972 8 11 Writings-off Suspense Account .. .. 841 15 1 Buildings .. .. .. 111,725 5 1 Passenger bookings—Suspense Account .. 3 4 6 Add additions .. .. 22,127 15 4 Reserve for depreciation .. .. .. 28,602 7 8 133,853 0 5 Reserve for doubtful debts .. .. .. 4,713 17 5 Water and drainage systems .. 77,135 11 3 Add additions .. .. 6,177 19 3 — 83,313 10 6 Rotorua electric system— Land, buildings, transmissionlines and plant .. .. 36,22814 2 Add additions .. .. 3,566 8 11 39,795 3 1 Furniture and fittings .. .. 16,411 711 Add additions .. .. 2,144 7 8 18,555 15 7 Plant and machinery .. .. 2,988 12 5 Add additions .. .. 77 9 3 — — 3,066 1 8 Wharves and beacons .. .. 5,860 2 7 Add additions .. .. 139 0 1 5,999 2 8 Electric systems at hostels .. 4,093 19 11 Add additions .. .. 12,946 13 8 17,040 13 7 Steamers, launches, and boats .. 5,484 18 3 Add additions .. .. 2,140 7 10 —— 7,625 6 1 Bridges .. .. .. 3,699 11 0 Add additions .. .. 1,390 16 0 5,090 7 0 Motor-vehicles .. .. .. .. 706 3 7 Garden implements .. ~ .. .. 529 2 2 Roads from intake, Lake House, Waikaremoana.. 758 7 5 Linen, crockery, cutlery, playing-material, guiding equipment, &c. .. .. .. .. 6,063 15 7 Live-stock .. .. .. .. .. 569 8 4 Telephone-lines .. .. .. .. 1,249 14 7 Stores .. .. .. .. .. 5,333 17 8 Sundry debtors .. .. .. .. 14,051 13 3 Cash on deposit and at credit of Receiver-General's Deposit Account .. .. .. .. 4,999 12 8 Remittances in transit and outstanding balances at bureaux .. .. .. .. 1,060 8 5 Payments in advance .. .. .. 22 4 11 Excess of expenditure over income .. .. 36,566 2 1 £571,222 0 2 £571,222 0 2 - -J! Note. —The accounts include charges against the Department for assessed rent, interest, and capital expenditure from Public Works Fund for which the Department possesses no parliamentary appropriation. B. M. Wilson, General Manager. J. Houston, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note.—G. F. C. Campbell, Controller and Auditor-General.

170

B.—l TPt. IYI.

VALUATION DEPARTMENT. Income and Expenditure Account fob the . Yeas ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Advertising, books, newspapers, and other By Fees charged for valuers'reports .. .. 20,216 11 2 publications .. .. .. .. 116 12 9 Scale fees for State Advances reports .. 16,800 13 11 Assessment Court expenses .. .. 323 15 2 Fees charged for certified copies of existing Depreciation on office furniture and maps .. 1,141 4 3 roll values .. .. .. .. 1,787 15 0 Fees to valuers .. .. .. .. 12,262 7 10 Contributions from— Freights, cartage, and transport charges .. 5 3 9 Local bodies .. .. .. .. 10,827 7 6 Fuel, light, power, and water .. .. 13 14 0 Land and Income Tax Department .. 8,041 9 0 Grant to Mr. F. W. Flanagan on retirement .. 437 0 0 State Advances Office (for agency work) .. 1,250 0 0 Loss on stores worn out or disposed of .. 12 2 10 Interest on advances for motor-cars sold .. 12 10 8 Maps, tracings, and schedules of land trans- Levying and collecting hospital rates in actions . . ... .. .. 231 3 0 Sounds, Taupo, and Chatham Islands Office-cleaning .. . . . . .. 25 3 6 Counties and in Waiheke Island .. .. 159 15 8 Office expenses .. .. .. .. 271 18 4 Balance carried forward .. .. .. 2,594 0 7 Overtime and meal allowances .. . . 59 8 0 Payment to Post and Telegraph Department.. 100 0 0 Postages, telegrams, and rent of post-office boxes .. , . .. .. 720 17 11 Printing and stationery .. .. .. 1,043 810 Rent .. .. .. .. .. 2,512 19 3 Revision of districts (contracts) .. .. 261 5 0 Salaries.. .. .. .. .. 35,548 6 8 Telephone services .. .. .. 412121 Travelling allowances and £ s. d. expenses .. ..6,320 118 Less unexpired season tickets 156 5 9 — 6,164 5 II Typewriter repairs .. .. .. 21 10 6 Contingencies .. .. .. .. 5 311 £61,690 3 6 £61,690 3 6 £ s. d. £ s. d. To Balance brought down .. .. .. 2,594 0 7 By Contributions from local bodies for previous Interest .. .. .. .. 873 14 11 years since collected .. .. .. 3,106 18 8 Balance (excess of income over expenditure) .. 360 16 10 £3,467 15 6 £3,467 15 6 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 19,416 11 4 Office furniture, fittings, and re- £ s. d. Sundry creditors .. .. .. .. 1,261 18 9 quisites .. .. 2,388 1 3 State Advances scale fees prepaid ... .. 6,113 711 Less removals .. .. 184 7 3 Depreciation Reserve .. .. .. 2,299 211 Hospital rates received on behalf of sundry 2,203 14 0 Hospital Boards .. .. .. .. 402 2 0 Add additions .. .. 123 4 3 Treasury Adjustment Account .. .. 6,396 15 6 ■ 2,326 18 3 Written off in Suspense .. 3 12 11 2,323 5 4 Mechanical appliances .. 919 8 7 Less removals .. .. 4 8 6 915 0 1 Add additions ... .. 265 19 0 1,180 19 1 Written off in Suspense .. 31 3 4 1,149 15 9 Office maps .. .. 16,109 1 6 Add additions .. .. 924 12 0 17,033 13 6 Stationery .. .. .. .. .. 830 18 6 Sundry debtors— Local bodies .. .. 4,676 9 0 Land and Income Tax Depai-t--ment .. .. .. 8,041 9 0 Fees outstanding .. .. 1,038 9 5 13,756 7 5 Less reserve for bad and doubtful debts .. .. 123 6 8 13,633 0 9 Unexpired season tickets .. .. .. 156 5 9 Deposits—Hospital rates .. .. .. 402 2 0 Excess of expenditure over income .. .. 360 16 10 £35,889 18 5 £35,889 18 5 Note. —The accounts include charges against the Department for rent and interest for which the Department possesses no parliamentary appropriation. Valuation Department, Wellington, 26th August, 1926. Titos. Brook, Valuer-General. I "hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. —G. F. C. Campbell, Controller and Auditor-General.

23—8. 1 [PT. IY].

171

B.—l [PT. IY].

WAIHOU AND OHINEMURI RIVERS IMPROVEMENT ACCOUNT. Income and Expenditure Account fob the Year ended 31st March, 1926. Expenditure. £ s. d. Income. To First loan (£150,000) —Interest for 1925-26 .. 6,534 2 3 By Contributions from— £ s. d. £ s. d. Second and subsequent loans (£355,000) —In- Gold-mining companies .. 1,133 6 2 terest for 1925-26 .. .. .. 13,510 13 2 Gold duty .. .. 3,399 18 7 Maintenance of completed works .. .. 249 17 1 Consolidated Fund.. .. 1,133 6 2 5,666 10 11 Rents, royalties, &c.— Royalties from sale of sand .. 185 1 4 Rents of cottages, reserves, wharves .. .. 267 19 11 .... — 453 I 3 Balance, being deficiency for the year, carried down .. .. .. .. .. 14,175 0 4 £20,294 12 6 £20,294 12 6 £ s. d. £ s. d To Accumulated deficiency brought forward .. 34,058 11 5 By Balance carried forward .. .. .. 48,233 .11 9 Deficiency for 1925-26 brought down .. 14,175 0 4 £48,233 11 9 £48,233 11 9 Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Debentures issued — £ s. d. Land purchase and compensation .. .. 2,884 1 1 Waihou and Ohinemuri Rivers Improvement Fencing .. .. .. .. .. 1,787 11 11 Act, 1910 .. .. .. .. 150,000 0 0 Clearing and destroying willows .. .. 35,456 1 8 Waihou and Ohinemuri Rivers Improvement Moving of houses .. .. .. .. 2,969 17 11 Act, 1910, and Finance Act, 1919, section 6.. 150,000 0 0 Flood-gates .. .. .. .. 27,660 8 7 Waihou and Ohinemuri Rivers Improvement Interior drainage .. .. .. .. 36,398 15 1 Act, 1910, and Finance Act, 1922, section 16 150,000 0 0 Canals .. .. .. .. .. 11,789 13 8 Waihou and Ohinemuri Rivers Improvement Bridges .. .. .. .. .. 7,443 10 0 Act, 1910, and Finance Act, 1924, section 6.. 55,000 0 0 Stop-bank formation .. .. .. 277,756 2 0 Surveys, engineering investigations, &c. .. 20,703 1 0 505,000 0 0 Gauges .. .. .. .. .. 1,993 7 9 Liability to Consolidated Fund for unrecouped Slips, groynes, and dredging at wharves .. 3,029 0 0 expenditure— Wharves and goods-sheds .. .. .. 9,927 5 7 First loan —Interest .. .. .. 12,634 18 10 Stores and tools on hand .. .. .. 4,875 8 5 Second and subsequent loans— £ s. d. Buildings and accommodation .. .. 1,440 0 0 Interest .. .. .. 41,733 19 5 £ s. d. Sinking fund .. .. 1,612 10 8 Plant .. .. .. 47,080 7 0 43,346 10 1 Less depreciation charged to Maintenance of completed works .. 442 14 2 works .. .. .. 12,442 7 0 Sundry creditors—■ — 34,638 0 0 Construction works .. .. 4,286 5 5 Pontoons .. .. .. .. .. 1,799 5 0 Maintenance .. .. 46 18 0 Maintenance during construction .. .. 3,802 1 4 4,333 3 5 Accrued interest— 486,353 11 0 First loan .. .. .. 1,032 17 7 Advance to Waihi Borough, Finance Act, 1923, Second and subsequent loans.. 2,368 9 3 section 10 .. .. .. .. 1,997 7 9 3,401 6 10 Debtors for contributions towards Sinking Fund Reserve — interest, sinking fund, and First loan .. .. .. 3,304 0 4 maintenance— £ s. d. Second and subsequent loans .. 1,612 10 8 Consolidated Fund .. .. 1,133 6 2 4,916 11 0 Gold duty .. .. .. 7,626 17 4 Gold-mining companies .. 1,448 14 4 10,208 17 10 Sundry debtors— Stop-banking, &c. .. .. 639 6 9 Rents and royalties .. .. 16 2 7 655 9 4 Cash in Public Debt Redemption FundOn first loan .. .. 3,304 0 4 On second and subsequent loans 1,612 10 8 — 4,916 II 0 Cash balance — In the Public Account .. 19,455 19 4 In hands of imprestees .. 2,253 16 4 — 21,709 15 8 Income and Expenditure Aeoount— Accumulated deficiency to 31st March, 1925 .. .. 34,058 11 5 Deficiency for 1925-26 .. 14,175 0 4 48,233 11 9 £574,075 4 4 £574,075 4 4 J. J. Gibson, Accountant, Public Works Department. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : The authority to levy rates contained in section 17 (d), Waihou and Ohinemuri Rivers Improvement Act, 1910, has not yet been availed of.—-G. F. C. Campbell, Controller and AuditorGeneral.

172

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AVAR EXPENSES ACCOUNT. Income and Expenditure Account for the Period ended 30th September, 1925. Expenditure. £ s. d. Inayme. £ s. d. To Charges and expenses of raising loans .. 242 7 6 By Equipment Account .. .. .. 3,323 16 9 Contribution to Public Trust Fund Account, Unexpended balances transferred from Deposits Civil servants.serving with N.Z.E.F. .. 19 12 5 Account .. .. .. .. 241 6 5 Excess of income over expenditure, carried down 50,799 18 9 Recoveries on account of expenditure of previous years — £ s. d. Pay and allowances.. .. 411 010 Sale, Artificial-limb Factory .. 2,020 2 ) Transport of troops .. 4 16 0 Superannuation contributions of Public Servants .. 24 11 1L War graves —Sales, cemetery registers .. .. 36 4 8 2,496 15 6 Australian Government—Adjustment of outstanding claims between N.Z.E.F. and A.I.F. in Egypt, 1915 .. .. .. 45,000 0 0 £51,061 18 8 £51,061 18 8 Note.—The War Expenses Account was closed as from the Ist October, 1925, in accordance with section 13, Finance Act, 1925. Balance-sheet as at 30th September, 1925. Liabilities. Assets. £ s. d. War-loan capital (including Sundry debtors (Australian Government) .. 45,000 0 0 securities issued to cover Repatriation Department (Advances Account) 1,098,272 3 2 expenses of raising loans) £ s. d. £ s. d. Excess of expenditure over as at Ist April, 1925 .. 76,631,721 14 0 income— £ s. d. Add loans raised for re- Balance, 31st March, demptions .. .. 193,260 0 0 1925 .. .. 107,153,192 11 1 Less excess of income 76,824,981 14 0 over expenditure for ■Less redemptions to 30th period Ist April, 1925, September, 1925 .. 290,602 10 9 to 30th September, 76,534,379 3 3 1925, as per account 50,799 18 9 Contributions received to- —— wards war funds .. 175,173 18 3 107,102,392 12 4 Less amounts refunded and Less recovery from Gertransferred .. .. 3,274 13 9 many for cost of 171,899 4 6 Army of Occupation 507,000 0 0 Pay-warrants issued .. 19,400 0 0 106,595,392 12 4 Less pay - warrants redeemed .. .. 19,361 10 0 38 10 0 Remittances received for transmission to and from soldiers .. .. 469,682 11 3 Less remittances paid . . 469,682 11 3 Sinking fund .. .. 5,613,561 10 5 Less withdrawals for redemptions .. .. 714,627 0 0 4,898,934 10 5 Less transferred to Public Debt Redemption Fund 4,898,934 10 5 Treasury Consolidated Fund Account (interest, &c.) 32,616,659 17 2 Less Treasury Interdepartmental Account .. 1,584,311 19 5 — 31,032,347 17 9 £107,738,664 15 6 £107,738,664 15 6 NoTii.—The above Balance-sheet is made up to the 30th September, 1925, as the War Expenses Account was closed in accordance with section 13, Finance Act, 1925, as from the Ist Octobor, 1925, and interest charges have been excluded. L. C. Forgie, Major, Officer in Charge, War Expenses. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G-. F. C. Campbell, Controller and Auditor-General.

Approximate Gost of Paper.~Preparation, not given; printing (660 copies), £300.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l 927.

Price 36'.]

173

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BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS., Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part04

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BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part04

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BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part04

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BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part04

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BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1925-26. AUDITED ACCOUNTS. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part04

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