BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1928-29. AUDITED ACCOUNTS.

Appendix to the Journals of the House of Representatives, 1929 Session I, B-01-part04

I B. 1 [Pt. IV].

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1929. NEW ZEALAND. BALANCE-SHEETS AND STATEMENTS OF ACCOUNTS OF VARIOUS GOVERNMENT DEPARTMENTS FOR THE YEAR 1928-29. AUDI TE I) ACGOIT N T S.

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CON T E N T 8. PAGE PAOB Audit Department .. .. .. .. 3 Main Highways Account .. .. .. 83 Bank of New Zealand Shares Account .. .. 3 Marine Department .. .. .. .. 86 Cheviot Estate Account .. .. .. 4 Mines Department .. .. .. 88 Cook Islands Department .. .. .. 5 Mining Advances Account .. .. .. 90 Crown Law Office .. .. .. .. 7 Moumahaki Endowment Deposit Account .. 196 Customs Department .. .. .. 8 National Endowment Account .. .. 200 Defence Department .. .. .. 9 National Endowment Trust Account .. .. 7] Deteriorated Lands Account .. .. .. 14 National Provident Fund .. .. .. 91 Discharged Soldiers Settlement Account . . 14 National Provident Fund and Friendly Societies Discharged Soldiers Settlement Loans Act 1920 Department .. .. .. 92 Depreciation Fund Account .. .. 16 Native Department .. .. .. .. 94 Electoral Department .. .. .. 17 Native Department—District Maori Land Boards 96 Electric Supply Account .. .. . . 18 Native Trust Office .. .. . . . . 102 External Affairs Department .. .. 45 Nauru and Ocean Islands Account .. .. 103 Government Fire Insurance Fund .. .. 45 Naval Defence .. .. .. 104 Government Life Insurance Department .. 46 Police Department . . .. . . .. 105 Government Stores Marine Insurance Fund .. 47 Post and Telegraph Department .. . . 107 Greymouth Harbour Board—Special Coal Rate.. 48 Prime Minister's Department . . . . 11l Hauraki Plains Settlement Account .. .. 49 Printing and Stationery Department .. .. 112 Immigration Department .. .. .. 50 Prisons Department .. . . 114 Industries and Commerce Department .. 51 Public Debt Redemption Fund . . . . 132 Internal Affairs Department .. .. .. 52 Public Service Commissioner's Office .. . . 133 Justice Department .. .. .. 56 Public Service Superannuation Fund .. .. 134 Labour Department .. .. .. 58 Public Works Department-—Ellesmere and Forsyth Land Assurance Fund .. .. .. 59 Reclamation and Akaroa Railway Trust Account 136 Land and Deeds Department .. .. 60 Railways Department .. .. 137 Land and Income Tax Department .. .. 61 Railways Superannuation Fund .. .. 146 Land for Settlements Account .. .. 196 Rangitaiki Land Drainage Account .. .. 149 Land for Settlements Account (Discharged Soldiers Reserve Fund Account .. .. .. 150 Settlement Account) .. .. .. 62 Samoan Loan Sinking Fund .. .. 151 Lands and Survey Department— Samoan Loan Suspense Account .. .. 151 Auckland Museum Endowment Account .. 63 Scenic Reserves Account .. .. .. 152 Bluff Harbour Endowment Account .. 64 Scientific and Industrial Research Department .. 153 Clutha River Trust Account .. .. 65 Stamp Duties Department .. .. .. 157 Geraldine County River District Account .. 66 State Advances Office— Gore High School Endowment Account .. 67 Settlers Branch .. .. .. .. 158 Greymouth Technical and Hokitika High Rural Advances Branch .. .. 160 Schools Account .. .. .. 68 Workers Branch .. .. .. 161 Hunter Soldiers' Assistance Trust Account .. 69 Local Authorities Branch .. .. 162 Hutt Valley Land Settlement Account .. 70 Public Debt Sinking Funds Branch .. .. 163 New Zealand University Endowment (Westland) Advances Office Sinking Fund Account .. 164 Account .. .. .. 73 Housing Account .. .. .. .. 165 North Island Experimental Dairy School Loans to Employers for Workers' Dwellings Account .. .. .. 72 Account .. .. .. .. 166 Otago Boys'and Girls' High Schools Endowment Fruit Preserving Industry Account .. .. 167 Account .. .. .. 74 Cold Storage Advances Account .. .. 168 Otago University Endowment Account .. 75 Fishing Industry Promotion Account .. 169 Primary Education Endowment Deposit Ac- Repatriation .. .. .. 170 count .. .. .. .. 198 State Coal-mines .. .. .. ..171 Rotorua College and Grammar School Account 76 State Fire Insurance Office .. .. 177 Secondary Education Endowment Deposit State Fire Insurance Office —Accident Branch .. 178 Account .. .. .. 199 State Forests Account .. .. .. 179 Taranaki Scholarship Endowment Account .. 77 Swamp Land Drainage Account .. .. 183 Victoria College Endowment Account .. 82 Teachers' Superannuation Fund .. .. 185 Waipiata - Hamiltons Library Endowment Tourist and Health Resorts Department .. 186 Account .. .. .. .. 78 Treasury Department .. .. .. 191 Wairoa Harbour Endowment Account . . 79 Valuation Department .. .. .. 192 Wanganui Harbour Endowment Account . . 80 Waihou and Ohinemuri Rivers Improvement Wanganui River Trust Account .. .. 81 Account .. .. . . 193 Legislative Department .. . . .. 195 Westport Harbour Account .. . . . . 194 ACCOUNTS UNDER AUDIT. Agriculture Department. Mental Hospitals Department. Education Department. Native Land Settlement Account. General Purposes Relief Account. Pensions Department. Health Department. Public Trust Office. Kauri Gum Industry Account. T , , TXT . r Lands and Survey Department- 1 übllc Works department. Departmental. Crown Lands.

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AUDIT DEPARTMENT. Income and Expenditure Account fob the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries.. .. .. .. .. 47,809 811 By Fees Account .. .. .. .. 29,695 810 Advertising .. .. .. .. 84 16 5 Excess of expenditure over income .. .. 27,006 4 2 Allowances, London .. .. .. 69 9 0 Allowances, higher duties .. .. .. 18 18 6 Law-costs .. .. .. .. 3 3 0 Office fittings .. .. .. .. 67 11 2 Postages .. .. .. .. 240 5 0 Rent- .. .. .. .. .. 1,386 15 4 Telephones .. .. .. .. 166 18 7 Temporary assistance .. .. .. 1,035 19 7 Travelling-expenses .. .. .. 4,980 9 7 Audit fee reduced .. .. . . 100 0 0 Furniture now unserviceable .. .. 4 8 4 Depreciation .. . . .. .. 206 4 0 Printing and stationery . . .. .. 337 12 3 Removal expenses .. .. .. 122 3 9 Overtime, &c. .. .. .. .. 65 4 7 Damage to officer's clothing .. . . 2 5 0 £56,701 13 0 £56,701 13 0 £ s. d. £ s. d. To Balance .. .. .. .. 27,006 4 2 By Excess of expenditure over income .. .. 27,134 11 7 Interest on capital .. .. .. 128 7 5 £27,134 11 7 £27,134 11 7 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : la) Rental value as assessed by Public Works Department; (ft) interest at 4J per cent, on capital as at Ist April, 1928. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 2,906 9 5 Furniture and fittings .. .. .. 1,824 17 9 Treasury Adjustment Account .. .. 29,249 6 7 Mechanical appliances .. .. .. 273 5 9 Creditors — Books .. .. .. .. .. 902 7 1 Departmental .. .. 16 5 9 Stationery .. .. .. .. .. 148 13 0 Sundry .. .. .. 333 10 1 Stamps .. .. .. .. .. 47 17 8 ■ 349 15 10 Debtors — £ s. d. Fees paid in advance .. .. .. 10 17 0 Departmental .. .. 73 11 0 Depreciation Reserve .. .. .. 1,298 12 7 Sundry .. .. .. 3,514 511 Writings off Suspense .. . . .. 104 8 4 3,587 16 11 Excess of expenditure over income .. .. 27,134 11 7 £33,919 9 9 £33,919 9 9 J. H. Fowler, Chief Clerk. 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. BANK OF NEW ZEALAND SHARES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Interest on consolidated stock .. .. 32,500 0 0 By Dividends received and declared for the year.. 244,433 11 10 Management charges on consolidated stock .. 262 10 0 Balance 211,671 1 10 £244,433 11 10 £244,433 11 10 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital Account — Bank of New Zealand shares — £ s. d. New Zealand consolidated stock — £ £ s. d. 500,000 preference A shares (nominal value).. 500,000 0 0 per cent. 1940 .. .. 500,000 1,375,000 preference B shares (nominal value) 1,375,000 0 0 4"per cent. 1943-63 .. .. 375,000 234,375 long-term mortgage C shares (nominal — value) .. .. .. .. 234,375 0 0 875,000 Dividends declared but not paid .. .. 146,614 11 8 Bank of New Zealand Shares Account — Treasury Adjustment Account .. .. 71,707 3 11 Investment Account .. .. 984,375 1,859,375 0 0 Capital reserve .. .. • • ■ ■ 250, 000 0 0 Accrued interest on consolidated stock .. 6,650 13 9 Balance of Income and Expenditure Account.. 211,671 1 10 £2,327,696 15 7 £2,327,696 15 7 Accumulated profits to 31st March, 1929, £1,849,558 12s. Bd., credited to Consolidated Fund. A. I). Park, F.1.A.N.Z., F.R.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. F. C. Campbell, Controller and Auditor-General.

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CHEVIOT ESTATE ACCOUNT. Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. j Cr. £ s. d. To Administration expenses .. .. .. 880 13 5I By Accrued rent .. .. .. .. 19,323 14 7 Interest on inscribed stock.. .. .. 5,632 2 6 I Interest on investments .. .. .. 8,602 17 7 Management charges of consolidated stock .. 23 14 3 Interest on temporary transfers to other DeRebates .. .. .. .. 1,846 14 6 partments .. .. .. .. 100 5 5 Remissions .. .. .. .. 22 11 6 Balance carried down .. .. .. 19,621 1 5 £28,026 17 7 £28,026 17 7 £ s. d. £ s. d. To Adjustment on account previous year .. 444 0 5 By Balance brought down .. .. .. 19,621 1 5 Balance carried forward .. .. .. 311,712 14 4 Balance from previous year .. .. 292,535 13 4 £312,156 14 9 £312,156 14 9 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. Land —• £ s. d. £ s. d. New Zealand consolidated stock .. .. 160,918 0 0 Leased .. .. .. 389,888 6 5 Sundry creditors for— £ s. d. Unleased .. .. .. 325 0 0 Rent .. .. .. .. 215 0 390,213 6 5 Sales .. .. .. .. 0 10 0 Buildings .. .. .. .. 48 1 3 Miscellaneous .. .. .. 176 18 2 Sundry debtors for — — 180 3 2 Rent .. .. .. 1,345 18 5 Interest on consolidated stock (accrued but not Sales .. .. .. 60 0 0 due) .. .. .. .. .. 1,373 6 3 Interest on investments .. 133 5 6 Rents charged in advance .. .. .. 6,475 18 8 1,539 311 Reserve Account .. .. .. .. 129,114 18 2 Postponed rent .. .. .. .. 1,239 8 4 Revenue Account .. .. .. .. 311,712 14 4 Interest accrued but not due on investments .. 3,267 11 6 Investments in Public Debt Redemption Fund .. 2,781 310 £ s. d. Cash in Public Account .. 9,006 5 4 Investment Account .. .. 201,680 0 0 ■ — 210,686 5 4 £609,775 0 7 £609,775 0 7 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. —G. F. C. Campbell, Controller and Auditor-General.

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COOK ISLANDS DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. . £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 14,202 12 2 By Balance carried down .. .. .. 28,780 12 3 Advertising, &c. .. .. .. .. 17 6 0 Cook and other Islands Administration expenses 634 4 5 Cook Islands lepers, maintenance of .. 2,052 10 2 Cost of inquiry into loss of fruit .. .. 49 19 6 Freight, &c. .. .. .. .. 4 12 6 Fuel, light, &c. .. .. .. .. 49 0 0 Grants — Bureau of Tropical Diseases .. .. 50 0 0 Education— Niue .. .. .. .. 500 0 0 Northern Cook Islands .. .. 500 0 0 Medical services— Niue .. .. .. .. 250 0 0 Rarotonga .. .. .. .. 1,000 0 0 Purchase of fruit-graders .. . . 1,000 0 0 Compensation, Niue banana-growers .. 287 2 0 Accommodation for Cook Islands lepers at Fiji (miscellaneous expenses).. .. .. 15 12 0 Maintenance of students at Training-college, Rarotonga .. .. .. .. 227 12 2 " Hinemoa " —Working-expenses .. .. 2,473 11 11 Postages, telegrams, &c. .. .. .. 302 9 4 Printing and stationery .. .. .. 67 12 9 School Journal, Cook Islands, cost of printing.. 49 7 7 Removal of Cook Islands lepers to Fiji .. 2,152 19 1 Telephone subscriptions, &c. .. .. 76 11 9 Travelling allowances and expenses . . .. 122 18 10 Tropical allowances .. .. .. 1,873 18 1 Wireless station, Mauke —Cost of erection .. 200 0 0 Sundry expenses .. .. .. .. 0 4 1 Medical students, Fiji, maintenance of .. 205 4 0 Rent .. .. .. .. .. 80 0 0 Depreciation . . .. .. .. 335 3 11 £28,780 12 3 £28,780 12 3 £ s. d. To Balance brought down .. .. .. 28,780 12 3 By Cost of bringing out m.v. "Maui Pomare," " Maui Pomare" Revenue Ac- £ s. d. . previously charged to revenue, now capital- £ s. d. count .. .. .. 2,930 18 2 ized .. .. .. .. .. 1,003 13 2 Interest on capital .. .. 2,373 8 4 Balance carried down .. .. .. 33,408 8 7 Special repairs .. .. 327 3 0 5.631 9 6 £34,412 1 9 £34,412 1 9 £ s. d. £ g . d. To Balance brought down .. .. .. 33,408 8 7 By Excess of expenditure .over income .. .. 33,746 7 9 Interest on capital .. .. .. 337 19 2 £33,746 7 9 £33,746 7 9 Note.—The following charges for which the Department possesses no parliamentary appropriation are included : (a) Rental value as assessed by the Public Works Department; (b) interest at 4-| per cent, on capital as at Ist April, 1928.

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COOK ISLANDS DEPARTMENT—continued. M.Y. " Maui Pomare " : Revenue Account foe the Ten Months ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Salaries and wages .. .. .. 6,26715 By Freights, passage - money, and miscellaneous Labour .. .. .. .. .. 377 4 2 receipts .. .. .. .. 20,491 1 6 Victualling .. .. .. .. 1,928 5 0 Balance .. .. .. .. 2,930 18 2 Stores— Cabin .. .. .. .. .. 248 1 1 Deck .. .. .. .. .. 355 16 8 Engine-room .. . . .. .. 105 4 5 Fuel-oil .. .. .. .. 3,824 8 5 Lubricating-oil .. .. .. 1,845 9 9 Docking .. .. .. .. 97 8 6 Repairs .. .. .. .. .. 105 19 4 Rent, storage-shed .. .. .. 52 0 0 Painting .. .. .. .. 218 3 0 Insurance .. .. .. .. 1,226 12 6 Medical expenses .. ~ .. .. 74 14 4 Harbour Board charges .. .. .. 320 010 Stevedoring .. .. .. .. 1,126 3 2 Agency commission .. .. .. 548 15 5 Miscellaneous expenses .. .. .. 1,757 2 2 Depreciation on vessel .. .. .. 2,943 9 6 £23,421 19 8 £23,421 19 8 £ s. d. £ s. d. To Balance brought down .. .. .. 2,930 18 2 By Balance after charging interest on capital .. 5,304 6 6 Interest on capital .. .. .. 2,373 8 4 £5,304 6 6 £5,304 6 6 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 60,253 7 8 Accommodation for lepers at Fiji .. .. 4,190 14 5 Creditors— £ s. d. Stores on hand— £ s. d. Departmental .. .. 109 15 5 " Hir.emoa" .. .. .. 493 911 Sundrv .. .. .. 5,309 11 8 " Maui Pomare" .. .. 6,936 0 6 5,419 7 1 7,429 10 5 Depreciation Reserve .. .. .. 4,044 7 5 Office fittings .. .. .. 59 16 6 Treasurv Adjustment Account .. .. 52,705 5 1 Additions .. .. .. 9 6 5 69 2 11 Advance to Cook Islands Administration .. 2,000 0 0 Sundry debtors .. .. .. 1,163 17 1 N.Z.G.S. " Hinemoa" .. .. .. 5,340 13 11 N.Z.G.M.V. " Maui Pomare . .. .. 64,363 17 5 Advances to other Governments' Accounts (Balances) — Cook Islands Administration .. .. 3,199 1 11 Mue Administration .. .. .. 919 1 5 Excess of expenditure over income .. .. 33,746 7 9 £122,422 7 3 £122,422 7 3 S. J. Smith, Secretary. 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.

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CROWN LAW OFFICE. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 5,645 911 By Law-costs .. .. .. .. 175 0 1 Annual certificates.. .. .. .. 26 5 0 Balance carried down .. .. .. 6,311 12 3 Office fittings, repairs, and requisites .. 26 7 8 Postage .. .. .. .. .. 37 0 0 Printing and stationery .. .. .. 133 16 4 Purchase of Law Reports, &c. .. .. 75 12 2 Telephone subscriptions .. .. .. 79 9 7 Travelling-expenses .. .. .. 7 5 10 Sundry expenses .. .. .. .. 24 1 1 Rent (a) .. .. .. .. .. 254 0 0 Depreciation .. .. .. .. 177 4 9 £6,486 12 4 £6,486 12 4 £ s. d. £ s. d. To Balance brought down .. .. .. 6,311 12 3 By Recoveries on account of expenditure of previous Interest on capital (b) .. .. .. 149 10 9 years .. .. .. .. .. 0 13 0 Excess of expenditure over income .. .. 6,460 10 0 £6,461 3 0 £6,461 3 0 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,323 2 8 Furniture and fittings .. .. .. 331 10 0 Creditors— £ s. d. Mechanical office appliances .. .. .. 57 15 0 Departmental .. .. 31 4 2 Library .. .. .. .. .. 3,008 13 9 Sundry .. .. .. 3 0 5 Payments in advance .. .. .. .. 43 16 9 34 4 7 Excess of expenditure over income .. .. 6,460 10 0 Depreciation Reserve .. .. .. .. 1,499 15 9 Treasury Adjustment Account .. .. .. 5,045 2 6 £9,902 5 6 £9,902 5 6 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value of premises as assessed by the Public Works Department; (b) interest at 4| per cent, on capital as at Ist April, 1928. Arthur Fair, Solicitor-General. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly 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.

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CUSTOMS DEPARTMENT. Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. To Administrative charges— By Customs and excise duties .. .. 7,947,262 7 0 Salaries .. .. .. 81,800 7 5 Beer duty .. .. .. .. 615,295 6 4 Pay of non-permanents .. 1,475 9 4 Customs agents'license fees .. .. 354 10 0 Allowances, overtime, and Warehouse license fees .. .. .. 8,284 18 9 rewards .. .. 2,134 16 9 Customs fines.. .. .. .. 92 15 0 Expenses of official repre- Brewery supervision fees .. .. 1,190 10 0 sentative, London .. 543 5 6 Hop-beer license fees .. .. .. 108 15 0 Expenses of official repre- Distillation Act license fees .. .. 196 10 0 sentative, New York .. 1,337 12 11 Tobacco Act license fees .. .. 391 17 3 Postage and telegrams .. 621 18 5 Immigration Restriction Act receipts .. 400 0 0 Printing and stationery .. 2,210 0 3 Territorial revenue .. .. .. 10 0 Telephone services .. 742 18 4 Sale and disposal of seizures .. .. 30 0 6 Services rendered by other Departments .. .. 6,261 8 9 Transfer and removal expenses .. .. 1,494 7 9 Travelling allowances and expenses .. .. 516 0 0 Rent .. .. .. 4,740 1 3 Maintenance and repairs .. 131 1 11 Miscellaneous expenses .. 2,157 18 11 106,167 7 6 Grants to — Cook and Niue Islands Governments .. .. 2,891 0 3 Officers on retirement .. 1,405 0 0 4,296 0 3 Timber Export Act duty (refund of .. .. . . .. 0 19 9 Depreciation .. .. .. 1,007 0 3 Balance carried down .. .. 8,462,137 2 1 £8,573,608 9 10 £8,573,608 9 10 £ s. d. £ s. d. To Interest on capital .. .. .. 1,376 14 0 By Balance brought down .. .. 8,462,137 2 1 Excess of revenue over expenditure .. .. .. 8,460,760 8 1 £8,462,137 2 1 £8,462,137 2 Note. —Percentage cost of collection, including depreciation and interest on capital, 1-266 = £1 ss. 4d. Balance-sheet as at 31st March, 1929. Liabilities. * Assets. £ s. d. £ s. d. Capital .. .. .. .. 30,926 7 2 Land .. .. .. .. .. 9,002 0 0 Creditors — £ s. d. Buildings .. .. .. . . 13,308 10 9 Departmental .. .. 1,549 17 6 Cycles .. .. .. .. .. 48 0 0 Sundry .. .. .. 1,117 15 6 Furniture and fittings .. .. .. 7,839 15 0 2,667 13 0 Mechanical office appliances .. .. 1,024 16 4 Payments in advance (fees) .. .. 7,836 4 3 Stationery .. .. .. .. 683 0 0 Depreciation Reserve .. .. .. 6,451 2 9 Stamps .. .. .. .. .. 147 14 8 Amounts held on deposit— Saleable books .. .. .. .. 33 2 0 Customs duties .. .. 98,464 8 3 Debtors — £ s. d. Immigration Restriction Acts 2,680 0.0 Departmental . . .. 9,355 510 — 101,144 8 3 Sundry .. .. .. 3,377 11 4 Writings-off Suspense .. .. .. 1 0 0 12,732 17 2 Excess of revenue over expendi- Uniform trimmings .. .. .. 42 6 3 ture .. .. •• 8,460,760 8 I Testing and gauging instruments .. .. 883 11 11 Assets in suspense.. .. .. .. 10 0 Deposits Accounts'— £ s. d. Receiver-General .. .. 83,585 10 0 Collectors of Customs .. 14.878 18 3 98,464 8 3 Treasury Adjustment Account .. .. 8,465,576 1 2 £8,609,787 3 6 £8,609,787 3 6 Note. —-The Revenue Account includes the following charges for which the Department possesses no parliamentary appropriation : (a) Services of Marine Department officers ; (b) rental value as assessed by Public Works Department; (c) interest at 4J per cent, on capital as at Ist April, 1928. Depreciation has been allowed for on balance of assets as at Ist April, 1928, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for services rendered to Internal Affairs and Marine Departments. Geo. Craig, Controller of Customs. 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 notes. —6. F. C, Campbell, Controller and Auditor-General.

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DEFENCE DEPARTMENT. Headquarters General Activities Revenue Account for the Year ended 31st March, 1929.

2—B. 1 [PT. IV],

General Head- Northern Central Southern Total quarters. j Command. Command. Command. Dr. * 1 £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Pay, military, civil, and Territorial .. .. , 41,459 4 2 9,444 1 1 13,904 10 2 10,833 1 11 75,640 17 4 Grants for rifle shooting and purchase and engrav- j 729 70 31000 309 6 6 296 9 0 1,645 2 6 ing medals Medical examination, attendance, and hospital 85 11 0 200 19 0 370 4 7 298 7 2 955 1 9 charges Advertising, printing, stationery, postages, tele- 4,768 12 1 1,204 9 9 586 3 4 1,123 7 3 7,682 12 5 grams, telephones, repairs, and cleaning Maintenance and hire of drill-halls, offices and 1,709 6 9 3,296 0 8 2,799 19 5 2,452 12 1 10,257 18 11 buildings, parade - grounds, boat - sheds, and launches Compensation for sickness and accidents .. 14 5 8 188 11 6 347 8 6 332 19 4 883 5 0 Maintenance of rifle ranges and targets .. .. 222 17 1 194 7 7 107 0 10 524 5 6 Rations, forage, fuel, light, and water.. .. 2,534 7 4 1,121 19 6 706 2 10 1,395 17 0 5,758 6 8 Courts of inquiry and legal expenses .. .. 1610 6111 .. 313 6 26 57 Travelling allowances and expenses, removal ex- 9,484 5 6 3,554 18 8 1,734 14 6 2,668 17 7 17,442 16 3 penses, rail, steamer, tram, coach, and ferry fares, freights and cartage Hire and maintenance of horses .. .. 442 11 3 381 3 6 211 18 8 475 14 4 1,511 7 9 Clothing, stores, and ammunition .. .. 12,891 9 5 547 17 11 263 9 7 241 2 6 13,943 19 5 Allowances and expenses of officers undergoing 9,590 16 7 .. .. .. 9,590 16 7 training abroad Expenses short-wave wireless installation .. 423 14 6 .. .. .. 423 14 6 Grants towards Y.M.C.A. secretaries at Territorial .. 100 0 0 100 0 0 100 0 0 300 0 0 camps Worn-out stores written off by Boards of Survey 2,610 12 9 .. .. .. 2,610 12 9 Rifle Clubs and National Rifle Association. Proportion of pay of military staff .. .. 73 17 0 250 0 0 250 0 0 250 0 0 823 17 0 Railway fares .. .. .. .. 491 19 10 111 0 10 143 3 4 84 16 11 831 0 11 Small-arms ammunition issued free and at less 873 0 0 602 11 6 2,959 15 5 3,369 3 0 7,804 9 11 than cost Maintenance of buildings and ranges, Trentham 39 120 50 00 125 00 150 00 364 12 0 Camp and commands Miscellaneous charges .. .. .. 13 8 0 0 8 2 7 2 11 43 13 1 64 12 2 Grant to National Rifle Association (annual 1,000 0 0 .. .. .. 1,000 0 0 meeting) Grant towards expenses of team of riflemen to 250 0 0 .. .. .. 250 0 0 Australia Non-effective Services. Compassionate allowance to widow of deceased 95 16 3 .. .. .. 95 16 3 officer Contribution to pensions of Imperial non-com- 87 18 3 .. .. .. 87 18 3 missioned officers on loan Expenses in connection with injuries sustained 120 196 .. .. .. 120 196 by civilian by shell explosion at Foxton beach Funeral expenses .. .. .. • • 42 19 9 .. .. .. 42 19 9 Grants to officers and other ranks, equivalent to 1,814811 .. .. .. 1,814811 retiring and accrued leave Grants to widows of deceased members, equiva- 213135 .. .. .. 213135 lent to annual and accrued leave Pay, N.Z. Expeditionary Force .. .. 12 18 9 .. .. .. 12 18 9 Pay, Government House orderly ' .. .. 374 2 6 .. .. .. 374 2 6 Printing N.Z. Expeditionary Forces Record .. 93 14 2 .. .. .. 93 14 2 Refund to War Office of proceeds of sale of unused 298 9 3 .. .. .. 298 9 3 silver war-badges University fees, ex Duntroon College Cadets .. 550 .. .. .. 550 Depreciation on— Buildings .. .. .. .. 1,425 9 9 5,226 15 4 2,113 1 2 2,874 15 0 11,640 1 3 Photostat .. .. .. . • 15 0 0 .. .. .. 15 0 0 Libraries .. .. .. .. 34 17 3 2 19 5 4 11 3 6 3 1 48 11 0 Furniture .. .. .. .. 632 12 8 253 3 11 426 2 9 359 7 1 1,671 6 5 Power machinery, Trentham .. .. 1,000 0 0 .. .. .. 1,000 0 0 95,770 7 3 27,076 8 11 27,557 2 6 27,467 0 8 177,870 19 4 To Excess of expenditure over income brought down 92,791 4 8 25,040 17 0 25,268 6 4 23,139 3 1 166,239 11 1 Interest on capital at 4J- per cent. .. .. 13,420 11 4 13,573 5 10 8,857 17 3 9,025 9 0 44,877 3 5 106,211 16 0 38,614 2 10 34,126 3 7 32,164 12 1 211,116 14 6

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DEFENCE DEPARTMENT—continued. Headquarters General Activities Revenue Account eor the Year ended 31st March, 1929 —continued. Cr. By Rent of quarters and buildings, light, and water — £ s. d. £ s. d. General Headquartt rs .. .. .. .. .. .. .. .. .. 1,942 8 8 Northern Command .. .. .. .. .. .. .. .. .. 696 17 7 Central Command .. .. .. .. .. .. .. .. .. 388 16 3 Southern Command .. .. .. .. .. .. .. .. .. 2,394 17 5 5,422 19 11 Grazing-rights on rifle ranges and reserves— General Headquarters .. .. .. .. .. .. .. .. .. 70 16 8 Northern Command .. .. .. .. .. .. .. .. .. 165 19 4 Central Command .. .. .. .. .. .. .. .. .. 886 1 4 Southern Command .. .. .. .. .. .. .. .. .. 406 8 2 1,529 5 6 Purchase of discharge s .. .. .. .. .. .. .. .. .. .. 20 0 0 Fines, Territorial and Cadets .. .. .. .. .. .. .. .. .. 96 9 3 Sale of old gun-shed at Port Chalmers .. .. .. .. .. .. .. .. 120 0 0 Use of Permanent horses for Territorial Camps, &c. — Northern Command .. .. .. .. .. .. .. .. .. 1,172 15 0 Central Command .. .. .. .. .. .. .. .. 1,013 18 7 Southern Command .. .. .. .. .. .. .. .. .. 1,526 12 0 3,713 5 7 Assets of defunct Volunteer Corps (Defence Amendment Act, 1912) .. .. .. .. .. 217 3 1 Net profit on sale of renovated clothing, &c., at Disposals Depot .. .. .. .. .. 512 4 11 Excess of expenditure over income, carried down— General Headquarters .. .. .. .. .. .. .. .. 92,791 4 8 Northern Command .. .. .. .. .. .. .. .. .. 25,040 17 0 Central Command .. .. .. .. .. .. .. .. 25,268 6 4 Southern Command .. .. .. .. .. .. .. .. .. 23,139 3 1 166,239 11 1 £177,870 19 4 By Excess of expenditure over income after charging interest on capital— £ s. d. £ s. d. General Headquarters .. .. .. .. .. .. .. .. .. 106,211 16 0 Northern Command .. .. .. .. .. .. .. .. .. 38,614 210 Central Command .. .. .. .. .. .. .. .. .. 34,126 3 7 Southern Command .. .. .. .. .. .. .. .. .. 32,1.64 12 1 211,116 14 6 £211,116 14 6 Note. —The Revenue Accounts include charges for rent assessed by the Public Works Department and for interest on capital for which the Department has no parliamentary appropriation.

Territorial Forces Revenue Account for the Year ended 31st March, 1929.

• Northern. Central. Southern. Total. Dr. £ s. d. £ s. d. £ s. d. £ s. d. To Pay, military, civil, and Territorial .. .. .. 30,150 16 10 23,148 0 4 24,222 18 4 77,521 15 6 Clothing, stores, and ammunition, including amounts 20,404 1 6 17,161 5 5 16,458 4 2 54,023 11 1 written off by Boards of Survey Medical examination, attendance, hospital charges, 274 18 6 219 14 3 232 13 5 727 6 2 medicine, &c. Advertising, printing, stationery, postages, telegrams, tele- 989 0 10 1,786 5 10 1,143 16 3 3,919 2 11 phones, repairs, cleaning, laundering, &c. Maintenance and hire of drill-halls, offices, buildings, 658 17 5 1,062 0 10 719 4 2 2,440 2 5 parade-grounds, boat-sheds, launches, and camps Maintenance of rifle ranges and targets .. .. 6 0 0 8 12 6 .. 14 12 6 Rations, forage, fuel, light, and water .. .. 5,839 13 1 5,155 18 6* 5,010 3 6 16,005 15 1 Regimental and bands funds grants .. .. .. 840 17 2 961 13 7 1,111 11 2 2,914 1 11 Subsidies to officers' clubs .. .. .. .. 52 10 0 87 10 0 150 0 0 290 0 0 Hire and maintenance of horses .. .. .. 1,219 19 6 1,079 5 1 1,428 3 9 3,727 8 4 Travelling allowances and expenses, rail, steamer, tram, 7,452 5 3 6,929 10 11 7,450 8 8 2.1,832 4 10 coach, and ferry fares, freights and cartage Use of Defence vessel towing targets, &c. .. . - .. 183 0 0 .. 183 0 0 67,889 0 1 57,782 17 3 57,927 3 5 183,599 0 9 To excess of expenditure over income brought down .. 67,889 0 1 57,782 17 3 57,927 3 5 183,599 0 9 Interest on capital at 4J per cent. .. .. .. 6,844 13 10 6,433 10 7 7,589 3 6 20,867 7 11 74,733 13 11 64,216 7 10 65,516 6 11 204,466 8 8 Cr. £ s. d. £ s. d. £ s. d. £ s. d. By Balance carried down .. .. .. .. 67,889 0 1 57,782 17 3 57,927 3 5 183,599 0 9 67,889 0 1 57,782 17 3 57,927 3 5 183,599 0 9 By Excess of expenditure over income after charging interest 74,733 13 11 64,216 7 10 65,516 6 11 204,466 8 8

11

B.—l [PT. IV],

DEFENCE DEPARTMENT—continued. Cadet Forces Revenue Account for the Year ended 31st March, 1929.

Aviation Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Pay, military, flying, and casual-duty flights.. 7,522 13 7 By Passenger flights and fees .. .. .. 365 0 0 Advertising, printing, stationery, postages, &c. 139 5 8 Registration fees .. .. .. .. 19 14 0 Travelling allowances and expenses, rail and Rents of buildings and quarters .. .. 253 4 6 steamer fares, freights and cartage .. 1,888 11 4 Excess of expenditure over income, carried Expenses and upkeep of machines and stores down .. .. .. .. .. 31,725 12 8 consumed, including amounts written off by Boards of Survey .. .. 14,328 14 0 Pay, travelling, and other expenses of pilots attending refresher courses .. .. 1,149 6 0 Compensation and medical expenses in accident cases .. .. .. .. .. 16 10 0 Maintenance of aerodromes and buildings .. 396 6 0 Maintenance of horses .. .. .. 12 13 0 New Zealand's proportion expenses of International Commission on Air Navigation .. 33 410 Allowances and expenses of officers undergoing instruction abroad .. .. .. 104 1 0 Expenses of Air-Marshal Sir John Salmond reporting on aviation in New Zealand .. 421 3 6 Depreciation on— £ s. d. Buildings .. .. 471 15 8 Furniture .. .. 32 5 2 Aircraft, engines, power machinery and motorvehicles .. .. 5,847 1 5 6,351 2 3 £32,363 11 2 £32,363 11 2 £ s. d. £ s. d. To Balance brought down .. .. .. 31,725 12 8 By Excess of expenditure over income after Interest on capital (£120,549 12s. Bd. at 4|-per charging interest on capital .. .. 37,150 7 4 cent.).. .. .. .. .. 5,424 14 8 i £37,150 7 4 £37,150 7 4

Northern. Central. Southern. Total. Dr. £ s. d. £ s. d. £ s. d. £ s. d. To Pay, military, civil, and Territorial .. .. .. 9,989 14 10 10,768 7 7 12,319 3 7 33,077 6 0 Clothing, stores, and ammunition, including amounts 6,523 9 10 7,640 19 10 8,827 6 5 22,991 16 1 written off by Boards of Survey Medical examinations, attendance, hospital charges, 3106 16176 1174 31154 medicine, &c. Advertising, printing, stationery, postages, telegrams, 402 19 9 909 17 6 517 2 8 1,829 19 11 telephones, repairs, cleaning, laundering, &c. Maintenance and hire of drill-halls, buildings, offices, 512 15 3 925 5 4 563 13 7 2,001 14 2 parade-grounds, boat-sheds, launches, camps, &c. Maintenance of rifle ranges and targets .. .. 26 171 23 33 290 52 94 Rations, forage, fuel, light, and water .. .. 1,078 10 5 1,134 16 3 950 16 9 3,164 3 5 Regimental and bands funds grants .. .. .. 496 1 6 256 17 1 568 13 9 1,321 12 4 Subsidies to officers' clubs .. .. .. .. 52 10 0 87 10 0 150 0 0 290 0 0 Horse-hire and maintenance of horses .. .. 0 11 3 17 6 3 30 15 0 48 12 6 Travelling allowances and expenses, rail, steamer, tram, 1,920 14 10 1,884 7 5 2,687 1 10 6,492 4 1 coach, and ferry fares, freights and cartage 21,007 15 3 23,665 8 0 26,628 9 11 71,301 13 2 To Excess of expenditure over income, brought down .. 21,007 15 3 23,665 8 0 26,628 911 71,301 13 2 Interest on capital at 4-| per cent. .. .. .. 1,695 4 5 2,206 11 3 2,799 10 0 6,701 5 8 22,702 19 8 25,871 19 3 29,427 19 11 78,002 18 10 Cr. £ s. d. £ s. d. £ s. d. £ s. d. By Balance carried down .. .. .. .. 21,007 15 3 23,665 8 0 26,628 9 11 71,301 13 2 21,007 15 3 23,665 8 0 26,628 9 11 71,301 13 2 By Excess of expenditure over income after charging 22,702 19 8 25,871 19 3 29,427 19 11 78,002 18 10 interest on capital . < ■ i — ■ ' ■ ■ |= ' ■

B.—l [PT. IV],

12

DEFENCE DEPARTMENT—continued. Army Ordnance Stores Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. ' £ s. d. To Pay, military and civil .. .. .. 38,678 12 8 By Hire of stores .. .. .. .. 282 2 7 Medical examinations, attendance, and Excess of expenditure over income, carried hospital charges .. .. .. 13 1 6 down .. .. .. .. .. 52,864 1 7 Advertising, printing, stationery, postages, telegrams, telephones, repairs, cleaning, &e. .. 468 9 0 Maintenance of buildings .. .. .. 1,134 17 3 Rations, forage, fuel, light, and water .. 241 19 8 Travelling allowances and expenses, removals, fares, freights and cartage .. .. 1,619 19 3 Clothing, stores and ammunition consumed, including amounts written off by Boards of Survey .. .. .. .. 9,588 110 Depreciation on— £ s. d. Furniture .. .. 136 1 10 Buildings .. .. 1,264 12 0 1,400 13 10 £53,146 4 2 . £53,146 4 2 £ s. d. —r— To Balance brought down .. .. .. 52,864 1 7 £ s. d. Interest on capital (£2,031,277 18s. Id. at By Excess of expenditure over income after 4i per cent.) .. .. .. .. 91,407 10 2 charging interest .. .. .. 144,271 11 9 £144,271 11 9 £144,271 11 9 " Janie Seddon " Launch Revenue Account tor the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Pay of crew (including overtime) .. .. 1,931 17 0 By Hire of vessel .. .. .. .. 3,093 4 3 Deck, engine-room, and miscellaneous stores .. 317 18 7 Towing targets and transporting Territorials .. 183 0 0 Fuel and water .. .. .. .. 424 17 4 Balance carried down .. .. .. 84 16 8 Maintenance, repairs, slip dues, survey, &c. .. 407 0 10 License fees .. .. .. .. 40 1 0 Telephone rental .. .. .. .. 15 16 8 Depreciation on vessel .. .. .. 223 9 6 £3,361 0 11 £3,361 0 11 £ s. d. £ s. d. To Balance brought down .. .. .. 84 16 8 By Excess of expenditure over income after Interest on capital (£3,724 lis. lOd. at 4J per charging interest on capital .. .. 252 8 9 cent ) .. .. .. .. 167 12 1 £252 8 9 £252 8 9

13

B.—l [PT. IV].

DEFENCE DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Liabilities. Asset*. Capital Account — £ s. d. Public Works Eund— £ s. d. Liability to Treasury at Ist April, 1928 3,765,459 18 6 Land .. .. .. .. 378,929 16 3 Value of gifts from Imperial Govern- Buildings .. .. .. .. .. 569,894 111 ment and other sources .. .. 30,635 0 0 Consolidated Fund— Military stores and equipment— 3,796,094 18 6 Armament, heavy gun and small- £ s. d. Creditors — £ s. d. arm ammunition .. .. 1,065,471 17 8 Departmental .. 8,080 9 11 Ordnance Depot stocks at VocabSundry .. .. 15,037 10 10 ulary prices .. .. 1,531,197 19 7 23,118 0 9 Obsolete stocks at Disposals Rents received in advance .. .. 187 16 7 Depot .. .. .. 4,071 12 1 Depreciation Reserve Account .. 93,572 19 1 Unit equipment and clothing Stores Depreciation Reserve Account .. 262,943 710 stocks .. .. .. 422,637 0 5 Aviation Depreciation Reserve Account 13,480 3 10 Air and marine craft, equipment, Nelson Province Rifle Prize Fund .. 1,022 18 3 spares, and stores .. .. 96,577 8 7 Writings-off Suspense Account .. 8,653 4 9 3,119,955 18 4 Treasury Adjustment Account .. 617,596 18 10 Horses .. .. .. .. .. 2,978 5 1 Army Service Corps supplies .. .. .. 859 8 5 Furniture and mechanical office appliances .. .. 22,360 19 7 Libraries .. .. .. .. .. 1,082 15 7 Stationery and publications .. .. .. 4,181 14 9 Stamps (including stamps and cash in Regimental Funds Grant Accounts) .. .. .. .. 864 12 5 Rents accrued .. .. .. .. .. 212 18 1 Debtors— £ s. d. Departmental.. .. .. 997 8 9 Sundry .. .. .. 1,054 8 11 War Office .. .. .. 16,845 7 9 18,897 5 5 Medals and ribands .. .. .. .. 4,370 19 4 Defonce vessel " Janie Seddon " .. 3,734 1110 Consumable stores on board .. 31 0 6 3,765 12 4 Wireless installation, short-wave .. .. .. 359 17 1 Power-house machinery .. .. .. .. 3,019 11 0 Assets in Suspense .. .. .. .. 8,653 4 9 Deposits Account— £ s. d. Nelson Rifle Prize Fund .. 1,000 0 0 Balance of interest on same .. 22 18 3 1,022 18 3 Excess of expenditure over income— £ s. d. Aviation Revenue Account .. 37,150 7 4 Ordnance Stores Revenue Account 144,271 11 9 " Janie Seddon" Revenue Account 252 8 9 Headquarters Revenue Account 211,116 14 6 Territorial Revenue Account .. 204,466 8 8 Cadets Revenue Account .. 78,002 18 10 675,260 9 10 £4,816,670 8 5 £4,816,670 8 5 H. M. Griffen, Lieut.-Colonel, Director of Financial Services. L. C. Forgie, Major, Accountant. I hereby certify that the Revenue 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. IV]

14

DETERIORATED lAND 3 ACCOUNT. Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. dTo Interest on loans .. .. .. .. 878 2 9 By accrued interest on advances .. .. .. 392 2 0 Interest on investments .. .. 378 9 1 Balance carried forward .. .. .. 107 11 8 £878 2 9 £878 2 9 £ s. d. £ s. d. To Balance brought forward from previous year .. 637 910 By Balance carried forward .. .. .. 745 1 6 Balance brought down .. . . .. 107 11 8 £745 1 6 £745 1 6 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Loan Account .. .. .. .. 22,000 0 0 Advances on mortgages—Advances under sec- £ s. d. Sundry creditors for— £ s. d. tion 11 of Deteriorated Lands Act, 1925 .. 9,139 310 Interest accrued on loans .. 436 7 8 Sundry debtors for interest on advances .. 250 5 5 Consolidated Fund, for interest paid Revenue Account—Balance carried forward .. 745 1 6 on debentures .. .. 686 2 9 Cash in Public Account .. .. .. 13,324 17 0 Consolidated Fund, for interest paid on temporary transfers .. 78 18 2 Miscellaneous .. .. .. 257 19 2 1,459 7 9 £23,459 7 9 £23,459 7 9 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. — J. H. Fowler, Deputy Controller and Auditor-General. DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. To Audit fees .. .. .. .. 500 0 0 By Interest on advances — £ s. d. £ s. d. Commission on sales of properties, &c. .. 29 4 0 Current Account .. 121,125 8 7 Depreciation Reserve—Plant, .fee. .. .. 1,062 5 5 Farms, orchards, &c. .. 317,028 19 4 Interest accrued on debentures .. .. 291,631 411 Dwellings, business premises, Interest accrued on advances from Consoli- &c. .. .. .. 309,367 9 8 dated Fund .. .. .. .. 434,000 0 0 Miscellaneous .. .. 2,923 17 7 Losses on realization of securities —Writings- 750,445 15 2 off in Suspense .. .. .. 293,718 5 8 Interest on surplus funds temporarily invested 20,709 12 11 Losses written off under authority of section 4, Interest on investment in Public Debt ReDischarged Soldiers Settlement Amendment demption Fund .. .. .. 1,59780 Act, 1924 .. .. .. .. 767 2 8 Profit on disposal of stock, Mataikona Station 564 9 3 Management expenses .. .. .. 39,906 8 6 Profits on disposal of properties .. .. 1,186 16 8 Miscellaneous expenses —Incidental expendi- Profits on working of farms .. .. 74 8 7 ture in connection with properties acquired Profits on sale of used cars .. .. 57 3 4 by the Crown .. .. .. .. 3,082 4 2 Recoveries of losses previously written off .. 30 19 8 Printing and stationery .. .. .. 271 6 2 Rents and royalties from properties acquired Rebates .. .. .. .. 45,116 6 9 by Crown .. .. .. .. 29,379 15 0 Reductions in value of mortgages— Transfer and production fees .. .. 527 5 0 Revaluation Board reductions .. .. 38,057 17 11 Valuation, fees .. .. .. .. 90 18 6 Deteriorated Lands Act, 1925, section 6 (1) 27,141 16 0 Balance —Loss for year, carried down .. 413,527 13 5 Land Act, 1924, section 216 .. .. 3,258 0 0 Reductions in capital value of leases under sections 4 and 5, Discharged Soldiers Settlement Amendment Act, 1921-22 .. .. 1,190 0 0 Remissions of interest and rent— Land Boards recommendations .. .. 12,671 18 7 Remissions under section 16, Discharged Soldiers Settlement Amendment Act, 1921-22 .. .. .. .. 368 16 5 Deteriorated Lands Act, 1.925, section 6 (1) 9,703 2 0 Revaluation Board remissions .. .. 15,04311 3 Revaluation Board expenses .. .. 17 6 6 Stamp duty on transfers of consolidated stock 87 1 8 Travelling-expenses of Inspectors of Securities, &c. .. .. .. .. .. 454 16 1 Valuation expenses .. .. .. 113 10 10 £1,218,192 5 6 £1,218,192 5 6 £ s. d. By Transfer against liability to Consolidated £ s. d. To Balance —Loss for year brought down .. 413,527 13 5 Fund .. .. .. .. 1,212,106 11 5 Balance forward from previous year " ..1,212,106 11 5 Adjustment on account of losses written off in previous years .. .. .. 9,514 4 1 Transfer from Reserve Account— Losses on abandoned properties, &c. .. 388,879 15 6 Balance—Loss carried forward .. 15,133 13 10 £1,625,634 4 10 £1,625,634 4 10

B.—l [PT. IV

15

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT —continued. Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital— Advances on mortgages— £ s. d. £ s. d. Transferred from Con sol id- £ s. d. £ s. d. Current Account .. 2,250,551 14 9 ated Fund .. .. 13,500,000 0 0 Farms, orchards, &c. .. 6,204,457 1 6 Reduction under section Dwellings, business 22, Finance Act, 1927 premises, <fcc... .. 5,852,827 4 3 (No. 2) ... .. 2,650,000 0 0 14,307,836 0 6 Land leased under sections 4 and 5, Discharged 10,850,000 0 0 Soldiers Settlement Amendment Act, 1921-22 419,377 18 9 Debentures issued .. 5,210,605 16 8 Unpaid purchase price (not yet payable) of Redemptions from Depre- buildings on Crown properties .. .. 24,073 611 ciation Fund .. 46,160 0 0 Sundry advances merged with value of Crown 16,106,765 16 8 lands (section 20 (3), Discharged Soldiers Interest on debentures, &c., accrued to 31st Settlement Amendment Act, 1923) .. 42,747 6 0 March, 1929, but not payable on that date .. 89,891 19 5 Realization Account —Properties in course of Interest due and unpaid on debentures, &c. .. 28,617 10 2 realization .. .. .. .. 301,963 5 9 Sundry creditors—Payments in advance .. 10,386 14 11 Property Accounts —ProperLand for Settlements Account (Discharged ties acquired by Crown — £ s. d. Soldiers Settlement Account) —Interest on Freehold .. .. 337,096 11 5 cost of Mataikona Station .. .. 22,787 8 8 Leasehold .. .. 216,702 111 Sundry creditors—Mis- 553,798 13 4 cellaneous services— £ s. d. Sundry estates—Live and dead stock .. 11,119 13 1 Imprests outstanding .. 5,685 2 6 Machinery and plant .. .. .. 3,422 6 5 Post and Telegraph De- Office requisites .. .. .. .. 20 11 1 partment .. .. 16 9 5 Dominion Revaluation Board — Current AdLand for Settlements (Dis- vances Suspense (sections 3 (3) (b), Discharged charged Soldiers Settle- Soldiers Settlement Amendment Act, 1924).. 15,425 0 0 ment Account) .. 1 15 1 Sundry debtors for principal Public Works Department 144 510 instalments — £ s. d. Government Printing Office 15 8 0 Farms, orchards, &c. .. 52,509 11 1 Valuation Department .. 7 17 6 Buildings on properties .. 348 1 10 5,870 18 4 Dwellings, business State Advances Office—Advances outstanding premises, &c.. . .. 31,624 10 2 on properties acquired by Crown .. 5,900 11 0 Instalment of principal Suspense Account—Receipts not yet allocated 1,604 15 11 under section 20 (3), Fire Loss Suspense Account .. .. 6,667 2 6 Discharged Soldiers Realization Suspense Account— Surpluses on Settlement Amendment disposal of properties not yet allocated .. 235 6 4 Act, 1923 .. .. 745 12 9 Rents charged in advance .. .. .. 5,395 15 4 85,227 15 10 Writings-off in Suspense .. .. .. 1.63,555 18 10 Sundry debtors for miscellaneous advances .. 1,378 1 8 Reserve for depreciation .. .. .. 3,262 16 2 Sundry debtors for interest Reserve Account —Losses on £ s. d. on— £ s. d. abandoned properties, &c. 750,000 0 0 Current Account .. 67,879 13 1 Farms, orchards, &c. .. 78,043 9 7 Less — Dwellings, business Losses on realization .. 295,675 8 4 premises, &c... .. 15,630 911 Reduction in value of Buildings on properties .. 292 14 9 mortgages, Revaluation Instalments of interest Board .. .. 38,057 17 11 under section 20 (3), Deteriorated Lands Act, Discharged Soldiers 1925 .. .. 27,141 16 0 Settlement Amendment Land Act, 1924, section 216 3,258 0 0 Act, 1923 .. .. 2,950 15 1 Remissions — Miscellaneous .. .. 27 7 5 Revaluation Board .. 15,043 11 3 164,824 910 Deteriorated Lands Act, Sundry debtors for— 1925 .. .. 9,703 2 0 Rent of properties .. 13,120 13 10 Sale of stock, implements, 388,879 15 6 &c. .. .. .. 192 13 10 361,120 4 6 Miscellaneous services— Reserve Account —General.. .. 26,849 0 9 Vote, Lands and Survey 3 5 8 Per contra— Territorial revenue .. 29 19 6 Accumulated losses written off under section Deposits Account—Mis--22, Finance Act, 1927 (No. 2), by dis- cellaneous .. .. 1 10 0 charge of liabilities — Sundries .. .. 137 16 4 Interest unpaid on trans- £ s. d. 13,485 19 2 fer from Consolidated Interest due and unpaid on surplus funds Fund .. .. 1,100,000 0 0 temporarily invested .. .. .. 320 2 3 Interest on debentures Postponements— £ s. d. due to Consolidated Principal instalments .. 37,670 1 7 Fund .. .. 160,010 12 6 Interest .. .. 96,364 810 Interest accrued on de- Rent .. .. .. 1,043 5 9 bent ures redeemed 135,077 16 2 from Consolidated Interest on advances accrued but not due .. 116,817 14 11 Fund .. .. 496 2 1 Interest accrued but not due on surplus funds Redemption of deben- temporarily invested .. .. .. 1,254 0 3 tures from Consolid- Losses in Suspense .. .. .. 163,555 18 10 ated Fund .. .. 30,000 0 0 Revenue Account —Balance of loss for year Reduction of transfer of ended 31st March, 1929 —carried forward .. 15,133 13 10 £13,500,000 from Con- Investment in Public Debt Redemption Fund 41,532 7 7 solidated Fund .. 2,650,000 0 0 £ s. d. Against Reserve Account 29,252 16 4 Cash in Public Account .. 115,799 17 10 3,969,759 10 11 Imprests outstanding .. 5,685 2 6 Investment Account .. 299,034 17 0 420,519 17 4 Carried forward .. .. 20,808,671 10 5 Carried forward .. .. 16,838,911 19 6

B.—l [PT. IV

16

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1929—continued. Liabilities. Assets. £ s. d. £ s. d. Brought forward .. .. 20,808,671 10 5 Brought forward .. .. 16,838,911 19 6 Per contra— Accumulated losses written oif under section 22, Finance Act, 1927 (No. 2)— Revenue Account— Loss £ s. d. to 31st March, 1928.. 1,652,443 17 4 Reserve Account — Losses on abandoned properties, &c. .. 750,000 0 0 Revaluation reductions, Sc. .. .. 1,422,315 13 7 Charges and expenses of raising loans .. 145,000 0 0 3,969,759 10 11 £20,808,671 10 5 £20,808,671 10 5 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 tin relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comments are appended : — 1. The only assets verified are cash in Public Account, imprests outstanding, investments and interest accrued on investments, and the only liability that for debenture loans. 2. There is no statutory authority under section 22 of the Finance Act, 1927 (No. 2), for writing off to Reserve Account, Revaluation Board reductions, remissions, and Revenue Account losses, amounting to £388,879 15s. 6d., determined subsequent to the sth December, 1927, the daite of the passing of that Act. The Treasury advises that this will be remedied by legislation. 3. The accounts do not include a charge for interest for the period from 31st March, 1928, to 31st March, 1929, on the sum of £1,050,000 by which the capital was reduced under the authority of section 22 of the Finance Act, 1927 (No. 2). This position has arisen through a claim that the authority for the writing-off of the amount in question should be antedated to 31st March, 1928. The certified Balance-sheet for the year 31st March, 1928, does not show such amount as written off at that date. —J. H. Fowler, Deputy Controller and Auditor-General. DISCHARGED SOLDIERS SETTLEMENT LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. (Established under Section 7, Discharged Soldiers Settlement Loans Act, 1920.) Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Excess of income over expenditure .. .. 19,137 0 5 By Interest on investments .. .. .. 19,137 0 5 £19,137 0 5 £19,137 0 5 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. Accumulated fund— £ s. d. £ s. d. Investments .. .. .. .. 457,525 0 0 Balance as at 31st March, 1928 422,462 14 3 Interest accrued on investments .. .. 5,832 4 1 Add — Interest due and unpaid on investments .. 119 0 Transferred from Consolidated Cash in Public Account .. .. .. 27,151 4 1 Fund .. .. .. 50,000 0 0 Excess of income over expenditure for year ended 31st March, 1929 .. 19,137 0 5 491,599 14 8 Less — Redemptions in terms of section 7, Discharged Soldiers Settlement Loans Act, 1920 1,079 17 6 490,519 17 2 £490,519 17 2 £490,519 17 2 A. D. Park, F.1.A.N.Z., F.R.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. F. C. Campbell, Controller and Auditor-General.

17

B.—l [PT. IV].

ELECTORAL DEPARTMENT. Income and Expenditure Account fob the Yeak ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 3,360 0 2 By Sundry revenue .. .. .. .. 549 9 5 General election—Expenses of taking .. 28,392 12 3 Balance carried down .. .. .. 89,765 16 5 General election —Preparation of rolls .. 26,878 15 8 Licensing poll .. .. .. .. 12,744 6 0 Licensing Committee elections .. .. 1,059 2 1 Compulsory enrolment of electors .. .. 3,856 10 9 Formation of new rolls consequent on alteration of electoral boundaries .. .. .. 1,923 19 10 Printing and stationery .. .. .. 1,104 8 3 Rent .. .. .. .. .. 1,699 8 4 Postage.. .. .. .. .. 6,442 17 3 Sundries .. .. .. .. 2,853 53 j £90,315 5 10 £90,315 5 10 £ s. d. £ s. d. To Balance brought down .. .. .. 89,765 16 5 By Recoveries on account of expenditure in Depreciation .. .. .. .. 873 14 9 previous years .. .. .. .. 0 10 6 Interest on capital .. .. .. 583 12 7 Balance.. .. .. .. .. 91,222 13 3 £91,223 3 9 £91,223 3 9 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Fixed capital as at Ist April, 1928 .. .. 12,974 12 3 Furniture and fittings .. .. .. 11,580 7 7 Creditors— £ s. d. Mechanical appliances .. .. .. 279 17 3 Departmental .. .. .. 291 1 3 Stock of rolls .. .. .. .. 1,462 4 0 Sundry .. .. .. 523 14 6 Debtors—Departmental .. .. .. 112 0 — 814 15 9 Assets in Suspense .. .. .. .. 35 14 5 Depreciation Reserve .. .. .. 6,454 19 3 Excess of expenditure over income .. .. 91,222 13 3 Writings-off in Suspense Account— £ s. d. Furniture and fittings .. .. 34 9 11 Mechanical appliances .. .. 12 6 Stock of rolls .. .. .. 0 2 0 35 14 5 Treasury Adjustment Account .. .. 84,302 6 10 £104,582 8 6 ' £104,582 8 6 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental assessed by the Public Works Department; (6) interest on capital at 4£ per cent; (c) and credit taken for the value of electoral rolls supplied free of charge. G. G. Hodgkins, Chief Electoral Officer. F. B. Dwyer, Acting Accountant. I hereby certify that the Income and Expenditure 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General,

3—B. 1 [Pt. IVI.

B.—l [PT. IV],

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1929. General Balance-sheet at 31st March, 1929, compared with Position at 31st March, 1928.

18

j " ji " ! 1927-28. | Liabilities. 1928-29. | 1927-28. Assets. j 1928-29. £ s. d. Aid to Water-power Works and Electric £ s. d. £ s. d. £ s. d. Lake Coleridge scheme — £ s. d. £ s. d. Supply Accounts — 1,644,140 3 11 Assets as per separate balance-sheet .. 1,685,557 18 1 Debentures issued — 36,884 14 0 Investments, Sinking Fund .. .. 65,396 1 11 274,000 0 0 At 4 per cent, interest .. .. .. 1,750,954 0 0 225,000 0 0 At 4£ per cent, interest .. .. 27,500 0 0 1,681,024 17 11 53,550 0 0 At 5 per cent, interest .. .. 120,570 0 0 Lake Waikaremoana scheme — At 5| per cent, interest .. .. 162,400 0 0 652,454 5 3 Assets as per separate balance-sheet .. 1,003,734 10 3 103,900 0 0 At 5£ per cent, interest .. .. 97,900 0 0 18,756 14 2 Profit and Loss Account —Loss to date .. 23,190 0 2 N.Z. inscribed stock — 1 1,026,924 10 5 806,560 0 0 At 5 per cent, interest (due 1930) .. 806,560 0 0 671,210 19 5 160,000 0 0 At 5£ per cent. .. .. .. 577,080 0 0 1 294,100 0 0 At 5| per cent, (due 1936) .. .. 300,100 0 0 Waikato River schemes — N.Z. Consolidated Stock — Horahora — 542,004 10 10 At 4£ per cent, (due 1936-58) .. 2,392,357 10 2 1,010,006 16 5 Assets as per separate balance-sheet .. 1,178,859 10 11 2,577,652 19 6 At 5 per cent, (due 1935-46).. .. 2,577,652 19 6 40,115 8 11 Investments, Sinking Fund .. .. 52,163 18 3 1,884,642 6 3 At 6 per cent, interest (due 1936-51) .. 1,884,642 6 3 1,231,023 9 2 Temporary transfer, section 40, Public 1,050,122 5 4 100,000 0 0 Revenues Act, 1926 .. .. .. .. — 8.946,762 15 11 Arapuni— 7,021,409 16 7 1,997,795 13 10 Assets as per separate balance-sheet .. .. 2,286,838 12 10 Mangahao scheme — Waihi Gold-mining Company (Limited) — 2,450,455 1 4 Assets as per separate balance-sheet .. 2,503,087 9 9 Purchase of Horahora works —Deed of 255,737 4 9 Profit and Loss Account —Loss to date .. 354,317 13 3 security at 5 per cent, interest. (Due * 2,857,405 3 0 : 212,500 0 0 1/11/1931) .. .. .. .. 212,500 0 0 2,706,192 6 1 Consolidated Fund — Other schemes, surveys, &c. — Interest accrued on loans to 31st March, 6,051 16 0 North Island .. •• •• 4,288 188 73,089 17 7 1929 .. .. .. .. 94,297 15 4 27,191 13 5 South Island 137 13 4 Sundry creditors for interest unclaimed .. 1,496 8 6 .. Waitaki River scheme •• •• 118,699 19 4 95,794 3 10 .. Other schemes .. .. •• 9,196 0 11 73,227 10 11 | ! 33,243 9 5 132,184 18 11 Amount set aside as reserve to cover differ- £ s. d. ence between interest payable on loans 558 7 7 Material on hand .. 8,486 11 11 raised and interest earned from their 5 11 10 Sundry debtors .. 748 11 9 31,531 18 8 temporary investment pending use .. •• 28,458 19 5 ■—! — 9,235 3 8 33,807 8 10 141,420 2 7 7,338,669 6 2 Carried forward .. .. •• 9,283,515 19 2 8,140,153 11 5 Carried forward .. •• .. 9,294,565 18 0

B.—l [PT. IV].

ELECTIRC SUPPLY ACCOUNT—continued. General Balance-sheet at 31st March, 1929, as compared with Position at 31st March, 1928—continued.

19

1927-28. : Liabilities. 1928-29. 1927-28. Assets. 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 7.338,669 6 2 Brought forward .. .. .. 9,283,515 19 2 8,140,153 11 5 Brought forward .. .. .. 9,294,565 18 0 Sundry Creditors — Balance in Electric Supply Account at the 182,112 9 6 Arapuni scheme .. .. .. 30,173 16 7 end of the year — 15,191 2 6 Horahora scheme .. .. .. 14,011 15 4 30,803 17 2 Cash in Public Account .. .. 492,186 12 0 15,247 7 2 Lake Coleridge scheme .. .. 11,385 19 4 In hands of Government officers in New 75,601 7 1 Mangahao scheme .. .. .. 22,661 17 10 185 0 11 Zealand .. .. .. .. 52 12 10 51,307 2 1 Waikaremoana scheme .. .. 29,460 2 8 In hands of Government officers in Waitaki scheme .. .. .. 7,186 11 7 41,711 13 10 London .. .. .. .. 4,848 8 9 2,632 10 11 South Island surveys .. .. .. 102 2 2 497 087 13 7 114,982 5 6* 72,700 11 11 342,091 19 3 Depreciation Reserves — Investment Account (funds invested until 84,271 11 6 Horahora scheme .. .. .. 103,186 12 8 actually required for use) .. .. .. 200,000 0 0 173,231 5 10 Lake Coleridge scheme .. .. 192,358 19 9 101,817 2 7 Mangahao scheme .. .. .. 147,871 1 0 8,924 11 7 Waikaremoana scheme .. .. 11,868 15 1 455,285 8 6 368,244 11 6 Proportion of 1929 loan in transit, 31st Fire Insurance Reserves — March, 1929.. .. .. .. .. 60,057 17 11 Lake Coleridge scheme .. .. 52 0 0 Mangahao scheme .. .. .. 99 5 4 Waikaremoana scheme .. .. 57 0 8 208 6 0 Sinking Fund Reserves— , 994 18 8 Interest accrued on investments to 31st 49,847 8 11 Horahora scheme .. .. .. 52,163 18 3 1,317 0 5 March, 1929 .. .. .. 2,630 2 9 62,465 1 10 Lake Coleridge scheme .. .. 115,769 17 9 Sundry debtors for interest due but unpaid — 167,933 16 0 2,311 19 1 2,630 2 9 112,312 10 9 Reserve Fund— 53,845 2 5 Horahora scheme .. .. .. .. 32,415 2 11 Writings-oil in Suspense — 2 12 4 Lake Coleridge scheme .. ., .. 0 14 2 8,215,166 2 5 Total .. .. .. .. .. £10,054,341 12 3 8,215,166 2 5 Total .. .. .. .. £10,054,341 12 3 * Sundry creditors —Departmental, £57,597 3s. 4d.; other Government departments, £995 4s. 2d.; non-departmental, £56,389 18s. I hereby certify that the General Balance-sheet has been duly examined and compared with the J. J. Gibson, relative books and documents submitted for audit, and correctly states the position as disclosed Accountant, Public Works Department, thereby. — G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV],

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928. Gross Revenue Account.

20

1927-28. i 1928-29. I 1927-28. 1928-29. I J I £ s. d. To Generating expenses, headworks, and power- £ s. d. £ s. d. £ s. d. ; By Sale of energy — £ s. d. £ s. d. house— 168,584 15 9 Wholesale .. .. .. .. 184,376 5 2 3,226 14 10 Salaries .. .. .. .. 3,217 4 8 164 5 2 Retail .. .. .. .. 145 8 5 1,241 0 7 Wages .. .. .. .. 1,236 9 9 184,521 13 7 57 4 1 Supplies .. .. .. .. 64 13 2 168,749 0 11 251 11 7 Transport of stores, &c. .. .. 297 5 10 Maintenance and repairs — 2,813 3 11 Harper diversion .. .. .. 1,200 18 0 .. Discounts forfeited, &c. .. .. .. .. 25 0 0 4,371 11 3 Headworks .. .. .. .. 2,048 1 11 559 18 8 Power-house building .. .. 211 6 10 1,599 13 1 Power-house machinery .. -. 1,683 0 0 377 0 10 Roads and fences .. .. .. 436 6 7 651 4 4 Staff residences, &c. .. .. .. 975 10 6 Rents — — 11,370 17 3 1,210 15 1 Land and buildings .. .. .. 1,242 13 2 15,149 3 2 223 5 1 Electric lines .. .. .. 312 15 2 411 9 4 Electric plant .. .. .. 232 2 5 Transmission-lines — ! 1,787 10 9 529 13 11 Salaries .. .. .. .. 540 0 0 1,845 9 6 Transport, including upkeep of horses 532 16 3 and motor-vehicles .. .. .. 565 0 4 2,562 10 1 Repairs to power-lines .. .. 2,250 4 11 558 13 5 Live-line testing .. .. .. 20 3 6 Fees for testing and repairing electrical ap3,375 8 9 386 12 11 pliances .. .. .. .. .. 285 3 8 4,183 13 8 Substation, Addington — 1,457 15 8 Salaries .. .. .. .. 1,406 6 6 584 10 6 Wages .. .. .. .. 599 15 0 119 10 10 Supplies .. .. .. .. 58 4 8 Maintenance and repairs — 379 5 8 Buildings and yards .. .. 300 3 9 815 1 11 Machinery .. .. .. 889 19 1 — 3,254 9 0 145 17 7 Earnings, motor-vehicles .. .. .. 344 0 0 3,356 4 7 Distribution — 220 0 0 Salaries .. .. .. .. 440 0 0 Transport, including upkeep of motor68 19 7 vehicles (not allocated) Maintenance of feeder cables, transformer 3,275 12 8 stations, and tools .. .. .. 1,059 12 11 4,021 10 3 Maintenance of secondary distribution .. 4,124 1 9 319 13 11 Maintenance of and testing meters .. 197 18 1 100 17 9 Earth-testing .. .. .. 242 7 4 i— —. — 6,064 0 1 8,006 14 2 30,695 15 7 Carried forward .. .. .. .. 24,064 15 1 171,127 0 11 Carried forward .. .. .. .. 186,963 8 0

B—l [Pt. IV]

21

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Gross Revenue Account—continued.

1927-28. j 1928-29. 1927-28. ! 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 30,695 15 7 Brought forward .. .. .. 24,064 15 1 171,127 0 11 Brought forward .. .. .. 186,963 8 0 Management and general expenses —- 5,358 6 6 Salaries .. .. .. .. 2,950 17 11 532 11 10 Sick and holiday pay to workmen .. 422 9 4 629 18 4 Travelling-expenses .. .. .. 63 15 1 336 0 0 Office-rent .. .. .. .. 336 0 0 65 10 0 Rent of other buildings .. .. .. 65 10 0 104 18 2 Postages and telegrams .. .. .. 92 10 11 161 16 2 Telephone subscriptions.. .. .. 175 12 3 47 1 1 Printing and stationery .. .. .. 86 15 8 12 8 9 Advertising .. .. .. .. 13 8 9 319 12 6 Accident pay .. .. .. .. 77 15 11 139 15 8 Fire insurance .. .. .. .. 121 6 11 Fire Insurance Reserve Account .. .. 52 0 0 95 10 6 Audit fees .. .. .. .. 124 6 0 266 12 6 Meter-reading and line-inspection .. 287 3 0 238 15 3 Electrical testing .. .. .. 216 13 3 26 11 7 Miscellaneous trade expenses .. .. 9 3 2 2 12 4 Bad Debts Suspense Account .... 0 14 2 Proportion of salaries, rents, and expenses, Head Office and High Commissioner's 1,020 0 0 Staff .. .. .. .. 970 0 0 — 6,066 2 4 9,358 1 2 — 30,130 17 5 40,053 16 9 131,073 4 2 Balance to Net Revenue Account .. .. .. 156,832 10 7 £171,127 0 11 £186,963 8 0 £171,127 0 11 £186,963 8 0 Net Revenue Account. £ s. d. £ s. d. ' £ s. d. £ s. d. 29,862 19 7 To Depreciation at 2 per cent, per annum on completed work .. 29,846 15 7 131,073 4 2 By Balance from Gross Revenue Account .. .. 156,832 10 7 75,629 16 9 Interest for year ended 31st March .. .. •• 76,611 19 2 25,580 7 10 ; Balance to Profit and Loss Appropriation Account .. 50,373 15 10 i ; £131,073 4 2 156,832 10 7 £131,073 4 2 £156,832 10 7

B.—l [Pt. IV

22

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

1927-28. ' 1928-29. | 1927-28. 1928-29. ' J I I £ s. d. £ s. d. £ s. d. £ s. d. To Balance from previous year's statement .. .. .. 25,580 7 10 By Balance from Net Revenue Account .. .. .. 50,373 15 10 25,580 7 10 Sinking Fund Reserve .. .. .. .. 50,373 15 10 £25,580 7 10 £50,373 15 10 £25,580 7 10 i £50,373 15 10 Depreciation Reserve Account. £ s. d. £ s. d. : £ s. d. £ s. d. To Amounts written off —- 4,929 11 0 Motor-vehicles, tools, plant, &e. .. .. .. 17,648 6 8 142,594 2 0 By Balance from previous year's statement.. .. .. 173,231 5 10 173,231 5 10 Balance .. . .. .. .. .. 192,358 19 9 5,703 15 3 Interest at 4 per cent, per annum .. .. .. 6,929 5 0 29,862 19 7 Amount set aside as per Net Revenue Account . .. 29,846 15 7 £178,160 16 10 £210,007 6 5 £178,160 16 10 £210,007 6 5 Fire Insurance Reserve Account. £ s. d. £ S. d. £ s. d. £ s. d. To Balance .. ,. .. .. .. .. 52 0 0 .. By amount set aside in respect to Dwellings as per Gross Revenue Account .. .. .. .. .. 52 0 0 .. 52 0 0 1 52 0 0 Sinking Fund Reserve Account. £ s. d. £ s. d. £ s. d. j £ s. d. 62,465 1 10 To Balance .. .. .. .. .. .. 115,769 17 9 35,442 19 5 By Balance at close of previous year .. .. .. 62,465 1 10 Amount set aside as per Profit and Loss Appropriation 25,580 7 10 Account .. .. .. .. .. .. 50,373 15 10 1,441 14 7 Interest .. .. .. .. .. .. 2,931 0 1 £62,465 1 10 £115,769 17 9 £62,465 1 10 £115,769 17 9 Arrears of Sinking Fund contributions at 31st March, 1929 .. .. £7,561 0 0

B.—l [PT. IV].

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929.

23

1927-28. Liabilities. 1928-29. J 1927-28. 1 Assets. 1928-29. j i | ~ j £ s. d. £ s. d. £ s. d. £ s. d. Works at Lake Coleridge — £ s. d. £ s. d. 173,231 5 10 Depreciation Reserve .. .. .. .. 192,358 19 9 5,270 13 8 Land, including fencing and planting .. 5,300 14 2 ■ 10,977 19 5 Coalgate Gorge Road .. .. .. 10,977 19 5 7,566 3 8 Service roads .. .. .. .. 7,731 3 8 310 8 5 Service telephones .. .. .. 310 8 5 62,465 1 10 Sinking Fund Reserve .. .. .. .. 115,769 17 9 - — 24,320 5 8 24,125 5 2 Fire Insurance Reserve .. .. .. .. 52 0 0 Headworks — First tunnel, including inlet and outlet Sundry creditors — 80,743 2 10 works .. .. .. .. 80,760 11 0 7,373 18 6 j Public Works Department .. .. 5,675 3 11 Second tunnel, including inlet and outlet 2,568 9 9 ! Other Government Departments .. .. 412 18 2 237,310 10 0 works .. .. .. .. 235,701 16 0 5,304 18 11 Non-departmental .. .. .. 5,297 17 3 121,524 12 0 Pipe-lines .. .. .. .. 136,180 15 8 11,385 19 4 3,905 7 10 Tram-lines .. .. .. .. 4,129 11 3 15,247 7 2 5,173 2 0 Weir at lake outlet, gauges, and fencing .. 2,192 2 2 23,007 6 9 Harper River diversion works .. .. 23,132 11 7 1 482,097 7 8 2 12 4 Writings-ofl in suspense .. .. .. .. 0 14 2 471,664 1 5 — Power-house — Balance carried to general balance-sheet — 53,552 6 8 Buildings, &c. .. .. .. 56,469 14 1 1,681,024 17 11 Total assets as per contra .. .. 1,750,954 0 0 151,867 8 9 Machinery, &c. .. .. .. 151,502 9 8 250,946 7 2 Less total liabilities as above .. .. 319,567 11 0 238 2 1 Office furniture, fittings, &c. .. .. 238 2 1 — 1,431,386 9 0 208,210 5 10 1,430,078 10 9 205,657 17 6 Accommodation for staff and workmen — 24,571 9 7 Buildings, fencing, &c. .. .. .. 24,610 16 7 Transmission-lines — j 3,924 19 2 Land .. .. .. .. 3,931 11 8 182,665 4 11 Power-lines to Christchurch .. .. 180,529 4 9 Power-lines to North Canterbury .. 17,588 9 8 113,845 18 6 Power-lines to South Canterbury .. 113,851 17 0 42,784 16 3 Power-lines, Timaru-Oamaru .. .. 42,805 1 11 2,480 7 8 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 10,212 13 0 Point Switching Station.. .. .. 10,167 16 7 381,187 18 10 365,747 9 1 1,681,024 17 11 Carried forward .. .. .. •• 1,750,954 0 0 1,091,766 2 9 Carried forward .. .. .. j .. 1,120,426 14 7

B.—l [Pt. IV]

24

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929.

1927-28. Liabilities. 1928-29. j 1927-28. Assets. 1928-29. £ s. d. £ s. d. 1 £ s. d. £ s. d. £ s. d. £ s. d. 1,681,024 17 11 Brought forward .. .. .. .. 1,750,954 0 0 1,091,766 2 9 Brought forward .. .. .. .. 1,120,426 14 7 Addington Substation — 1,643 0 5 Land.. .. .. .. .. 1,643 0 5 2,000 0 0 Cottages .. .. .. .. 2,000 0 0 9,573 10 5 Substation buildings .. .. .. 9,318 18 9 60,812 12 11 Machinery, &c. .. .. .. 65,654 0 7 5,991 16 3 Store buildings and workshops .. .. 6,003 0 9 84,619 0 6 80,021 0 0 Primary distribution — 8,353 17 1 Supply cables —Christchurch City .. 8,366 1 11 5,204 0 4 Christchurch Tramways .. 5,204 0 4 7,868 8 1 Lyttelton .. .. 8,154 6 1 26,522 17 2 Northern .. .. 14,158 17 6 13,406 3 4 Southern .. .. 7,590 15 10 4,064 7 7 Motukarara .. .. 4,064 7 7 11,009 19 3 Substations —Hororata .. .. .. 11,974 14 6 14,097 6 6 Ashburton.. .. .. 13,791 17 7 26,256 10 7 Timaru .. .. .. 26,400 0 6 7,544 8 1 Oamaru .. .. .. ! 9,327 1 0 622 9 9 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 8 111,471 9 8 126,767 4 10 Secondary distribution — 17,001 5 3 Supply cables and reticulation .. .. 17,848 17 5 30.824 1 2 Local substations .. .. .. | 27,448 3 11 45,297 1 4 47.825 6 5 8,008 2 8 Service transformers and meters .. .. .. 6,869 1 10 10,568 10 8 Motor-cars, lorries, and cycles, &c. .. .. .. 9,541 14 6 92 12 7 Test room equipment .. .. .. .. 129 7 1 17,814 10 6 Loose tools, plant, and equipment .. .. .. 18,177 12 10 1,729 3 9 Public telephones to the lake .. .. .. 1,729 3 9 I ! [j 38,213 0 2 jl,681, 024 17 11 Carried forward .. .. .. .. 1,750,954 0 0 1,384,592 14 2 Carried forward .. .. .. .. 1,398,261 6 1 . I j I

4 —B. 1 [PT. IV]

B.—l [Pt. IV

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929.

25

1927-28. Liabilities. 1928-29. 1927-28. Assets. 1928-29. i £ s. d. £ s. d. £ s. d. £ s. d. £ s . d. £ s. d. 1,681,024 17 11 Brought forward .. .. .. .. 1,750,954 0 0 1,384,592 14 2 Brought forward .. .. .. .. 1,398,261 6 1 Telephones to Christchurch City Council and 173 19 1 Tramway Board and local offices .. 173 19 1 255 1 0 Christchurch office —Furniture and fittings .. .. 261 6 0 Engineering, office, and general expenses on 57,419 12 10 preliminaiy surveys and during construction .. 56,039 10 11 Salaries of Engineers and others on preliminary 38,737 14 3 surveys and during construction .. .. .. 39,706 11 0 18,469 0 0 Cost of raising loans .. .. .. .. 24,058 0 0 61,432 11 6 Interest during construction .. .. .. 62,761 1 11 1,561,080 12 10 1,581,261 15 0 41,793 15 5 Stocks of material, &c., on hand .. .. .. 25,985 4 2 Telephone subscriptions, fire insurance, &c., 167 7 2 paid in advance . . .. .. .. 43 9 0 1,603,041 15 5 Sundry debtors for current rent, work carried out, &c. — 357 0 10 Public Works Department .. .. 2,814 7 2 2,167 6 5 Other Government Departments .. 32,043 15 8 38,574 1 3 Non-departmental .. .. .. 43,409 7 1 — 78,267 9 11 41,098 8 6 Sinking Fund — 36,264 9 2 Investment and cash in hands of Treasury 64,447 1 7 620 4 10 Interest accrued .. .. .. 949 0 4 65,396 1 11 36,884 14 0 £1,681,024 17 11 £1,750,954 0 0 £1,681,024 17 11 £1,750,954 0 0 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 as disclosed thereby. — G. F. C. Campbell, Controller and Auditor-General.

B — 1 [PT. IV ].

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1929, compared with Year ended 31st March, 1928. Gross Revenue Account.

26

1927-28. 1928-29. 1927-28. . 1928-29. £ s. d. £ s d. | £ s. d. £ s. d. By Sale of energy — £ s. d. £ s. d. To Generating - expenses, head works, and 150,727 10 7 Wholesale .. .. .. 184,332 4 4 • power-bouse — Retail (staff cottages and construction 4,133 15 5 Salaries, wages, and allowances .. 4,207 14 7 3,501 17 2 works) .. .. .. 493 17 8 Maintenance headworks, dams, pipe626 19 7 lines, and tail-race .. .. 1,495 7 6 154,229 7 9 184,826 2 0 Maintenance power-house building and 111,744 14 11 Less stand-by, &c. .. .. 72,563 6 6 1,266 2 11 machinery .. .. .. 1,712 3 2 112,262 15 6 Maintenance staff- village and roads, , 42,484 12 10 762 4 11 transport and general .. .. 771 15 10 — — 8,187 1 1 6,789 2 10 . Rents — * Transmission-lines, patrol maintenance, 1,522 0 2 Cottages, &c. .. .. .. 1,574 17 6 &c. — 96 7 0 Poles and plant .. .. .. 241 18 2 2,952 12 7 Mangaore-Khandailah .. .. 2,755 4 7 1,816 15 8 3,273 14 9 Mangaore-Wanganui .. .. 2,811 2 5 1,618 7 2 2,218 13 2 Bunnythorpe-Dannevirke .. .. 1,553 6 6 2,407 8 5 Woodville-Masterton .. .. 1,566 1 5 2,634 4 11 Dannevirke-Napier .. 2,186 10 1 8 12 0 Tests and inspections .. .. 68 14 4 56 18 3 Miscellaneous 11,000-volt lines .. 161 6 0 0 3 2 Penalty interest 11,033 11 0 13,543 12 1 Substations — Operating, maintenance, &c. — 2,013 7 8 Khandallah .. .. .. 2,025 18 6 3 19 6 Otaki .. .. .. . , 11 14 S 401 7 3 Bunnythorpe .. .. . . 460 0 3 405 7 3 Dannevirke .. . . . . 555 16 10 381 15 2 Waipulcurau .. .. .. 211 2 0 422 4 4 Woodville .. .. . . 500 19 10 402 14 0 Mangamaire .. . . . 810 0 3 294 3 0 Masterton .. . . . 176 11 2 204 6 10 Wanganui .. . . . 304 13 1 583 1 1 Napier .. .. .. .. 609 18 8 — 5,466 13 3 5,112 6 1 Management and general expenses — 4,041 12 0 Management and office salaries, &c. .. 2,645 9 11 Distribution salaries and expenses and "2,667 18 6 transport .. .. .. 1 ; 734 14 9 437 6 1 Postages, telephones, &e. .. .. 429 0 7 7,146 16 7 Carried forward .. 4,809 5 3 24,687 5 4 44,111 15 2 Carried forward .. 114,148 5 6 ' . l_ ___

B.—l [Pt. IV].

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for the Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Gross Revenue Account—continued.

27

1927-28. 1928-29. 1927-28. 1928-29. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. £ a. d. 7,146 16 7 Brought forward .. .. 4,809 5 3 24,687 5 4 44,111 15 2 Brought forward .. .. .. 114,148 5 6 To Management and general —continued. 302 10 10 Printing, stationery, and advertising.. 177 4 6 Motor-ears and general travelling277 18 6 expenses .. .. .. 737 11 3 42 15 1 Accident, sick, and holiday pay .. 223 4 8 42 12 3 Fire insurance .. .. .. 10 6 8 93 17 0 Legal expenses and Audit fees .. 143 2 3 Stores administration .. .. 1,021 17 10 563 0 11 Miscellaneous expenses .. .. 2,647 11 3 9,770 3 8 8,469 11 2 33,914 12 2 10,197 3 0 Balance to Net Revenue Account .. .. 79,690 16 6 | £44,111 15 2 I £114,148 5 6 £44,111 15 2 | £114,148 5 6 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. I To Fire Insurance Reserve .. .. .. .. 99 5 4 10,197 3 0 By Balance from Gross Revenue Account.. .. .. 79,690 16 6 Depreciation at 2 per cent, per annum on completed works 131,544 2 8 Loss for year .. .. .. .. 98,580 8 6 35,300 13 4 at 31st March, 1929 .. .. .. .. 42,713 17 7 106,440 12 4 Interest for year ended 31st March, 1929 .. .. 135,458 2 1 £141,741 5 8 | £178,271 5 0 £141,741 5 8 £178,271 5 0 _ 1 ' "" = i ; Profit and Loss Appropriation Account. I " i | j : : £ a. d. £ s. d. £ s. d. £ s. d. 124,193 2 1 To Balance from previous year .. .. .. .. 255,737 4 9 255,737 4 9 By Balance .. .. .. .. .. 354,317 13 3 131,544 2 8 Balance from Net Revenue Account .. .. .. 98,580 8 6 , £255,737 4 9 £354,317 13 3 £255,737 4 9 £354,317 13 3 Arrears of Sinking Fund contributions to 31st March, 1929 : £90,562.

B.—l [Pt. IV].

Balance-sheet as at 31st March, 1929.

ELECTRIC SUPPLY ACCOUNT—contiuned. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for the Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued.

28

Depreciation Reserve Account. 1927-28. | 1928-29. 1927-28. | 1928-29. £ s. d. £ s. d. : £ s. d. £ a. d. 308 19 11 To Motor-vehicles .. .. .. .. .. 158 12 10 1 64,255 5 0 By Balance at close of previous year .. .. 101,817 2 7 Meters and regulators .. .. .. .. 574 0 0 2,570 4 2 Interest at 4 per cent, per annum .. .. .. 4,072 13 8 101,817 2 7 Balance .. .. .. .. .. .. 147,871 1 0 35,300 13 4 Amount set aside as per Net Revenue Account.. .. 42,713 17 7 102,126 2 6 £148,603 13 10 ! £102,126 2 6 £148,603 13 10 Fire Insurance Reserve Account. 1927-28. 1928-29. 1927-28. 1928-29. • I y t ; I £ s. d. I £ s. d. ! £ s. d. £ s. d. To Balance .. .. .. .. .. .. | 99 5 4 .. By Amount set aside as per Net Revenue Account.. .. 99 5 4 £99 5 4 £99 5 4

1927-28. | Liabilities. 1928-29. 1927-28. Assets. 1928-29. £ s. d. £ s . d. £ s. d. £ s. d. Headworks — £ s. d. £ s. d. 101,817 2 7 Depreciation Reserve .. .. .. .. 147,871 1 0 9,990 4 7 Land, headworks, &c. .. 9,989 4 7 73,065 5 8 Roads, tram-lines, &c. .. .. 73,225 0 6 Fire Insurance Reserve .. .. .. 99 5 4 11,666 15 2 Local electric line .. .. .. 11,179 9 2 476,658 16 0 Dams 1,2, and 3 .. .. .. 503,369 8 4 75,601 7 1 Sundry creditors .. .. .. .. 22,661 17 10 152,300 19 10 Tunnels 1 and 2 .. .. .. 159,619 19 10 108,788 11 3 Pipe-line, &c. .. .. .. 113,279 16 5 Balanco carried to General Balance-sheet — 15,045 7 10 Surge-chamber .. .. .. 15,720 7 6 2,706,192 6 1 Total assets as per contra .. .. 2,857,405 3 0 886,383 6 4 177,418 9 8 Less total liabilities as above .. 170,632 4 2 847,516 0 4 2,686,772 18 10 Power-house — 2,528,773 16 5 63,864 4 4 Buildings, &c. .. .. .. 66,758 1 4 205,852 12 2 Machinery, &c. .. .. .. 205,049 1 4 12,870 8 8 Tail-race .. .. .. .. 12,870 8 8 18,619 11 0 Village, cottages, and water-supply .. 18,680 16 3 303,358 7 7 301,206 16 2 — Transmission-lines (110,000-volt) — 147,122 1 2 Shannon-Khandallah .. .. 147,545 16 10 97,742 19 4 Shannon-Wanganui .. .. .. 98,307 13 10 45,582 5 7 Bunnythorpe-Danne virke .. .. 45,894 0 4 68,717 13 9 Woodville-Masterton .. .. 69,163 19 1 76,235 4 0 Dannevirke-Napier .. .. .. 76,481 17 2 Wanganui-New Plymouth .. .. 4,346 8 8 441,739 15 11 j 435,400 3 10 2,706,192 6 1 Carried forward „ „ 2,857,405 3 0 1,584,123 0 4 Carried forward .. .. .. 1,631,481 9 10

29

B.—l [Pt. IV]

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Balance-sheet as at 31st March, 1929—continued.

1927-28. ■ Liabilities. 1928-29. j 1927-28. Assets. 1928-29. £ s. d. i £ s. d. £ s. d. ! £ s. d. £ s. d. £ s. d. 2,706,192 6 1 : Brought forward .. .. .. 2,857,405 3 0 1,584,123 0 4 Brought forward .. .. .. 1,631,481 9 10 Transmission-lines (11,000-volt) — 3,004 10 11 Mangaore-Shannon .. .. .. 3,034 3 8 4,556 10 0 Khandallah-Petone .. .. .. 4,592 12 2 7,626 15 10 7,561 0 11 Substations — 78,126 6 9 Khandallah .. .. .. 89,941 5 2 1,973 12 11 Otaki .. .. .. .. 1,981 12 3 32,621 8 1 Bunnythorpe .. .. .. 32,922 0 10 21,312 18 7 Wanganui .. .. .. .. 21,385 8 5 19,368 13 7 Dannevirke .. .. .. 22,529 10 7 21,871 17 5 Waipukurau .. .. .. 22,373 7 9 34,409 11 10 Napier .. .. .. .. 38,919 2 6 12,394 15 4 Woodville .. .. .. .. 12,633 14 8 23,584 7 1 Maneamaire .. .. .. 26,505 8 10 12,636 10 10 Masterton .. .. .. .. 13,026 11 10 130 0 0 Marton .. .. .. .. 166 12 5 282,384 15 3 258,430 2 5 3,738 11 1 Motor-cars, lorries, &c... .. .. .. 5,779 15 9 963 19 10 Office furniture .. .. .. .. 922 12 3 14,472 18 1 Service buildings .. .. .. .. 14,531 7 2 Salaries and expenses, &c., of engineers and others on preliminary surveys and during 130,306 15 6 construction .. .. .. .. 131,996 18 7 56,303 18 7 Construction-tools, plant, and equipment, &c. .. 19,397 2 5 58,692 19 10 Housing workmen, &c... .. .. .. 57,624 0 5 236,993 9 8 Interest during construction .. .. .. 239,587 5 4 22,333 19 6 Cost of raising loans .. .. .. 25,380 19 6 2,373,920 15 9 2,416,713 2 4 Stocks on hand, 31st March, 1929 (including 39,088 16 11 10 per cent, to cover administration, &c.) 33,421 8 2 7,793 4 5 Stocks issued but not used .. .. 8,634 15 2 Stock Adjustment Account . . .. 113 9 0 — 42,169 12 4 46,882 1 4 29,640 9 9 Sundry debtors for current, rents, &e. .. .. 44,203 15 1 11 14 6 Telephone subscriptions, &c., paid in advance .. 10 0 255,737 4 9 Net loss .. .. .. .. .. 354,317 13 3 £2,706,192 6 1 £2,857,405 3 o | £2,706, 192 6 1 £2,857,405 3 0 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. — G. F. C. Campbell, Controller and Auditor-General.

B.—l TPT. IV

30

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928. Gross Revenue Account.

1927-28. 1928-29. I 1927-28. 1928-29 £ s. d. To Generating expenses, head works, and power- £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. house — 123,017 19 8 By Sales of electrical energy to wholesale eon- 132,720 16 5 3,379 5 6 Salaries and wages .. .. .. 3,653 10 4 sumers 103 16 5 Supplies .. .. .. .. 622 9 2 347 2 1 Less discounts and rebates .. .. 73 4 4 50 12 6 Transport .. .. .. .. 45 6 10 ' 132,647 12 1 4,321 6 4 122,670 17 7 Maintenance and repairs — J 761 2 3 Headworks and buildings .. .. 1,231 17 8 1,310 2 1 Power-house machinery .. .. 678 8 10 231 13 5 Staff village .. .. .. 222 0 3 9 10 0 Hire of plant .. .. .. .. 7 10 0 2,132 6 9 780 4 11 Rent of lines .. .. .. .. 778 11 0 5,836 12 2 1,490 14 2 Miscellaneous rents .. .. .. 1,647 12 5 Operation and maintenance of—- 1 2,433 13 5 10,608 19 6 Waihi Grand Junction steam-plant .. 17,835 12 6 2,2S0 9 1 Diesel Station, Penrose .. .. 14,930 6 1 1 11,268 8 7 Power purchased in bulk .. .. 16,641 14 8 49,407 13 3 21,877 8 1 Operation and maintenance of main trans- 297 7 7 Testing, oil - drying, and repairs for con- .. 361 10 5 mission-lines (50,000-volt) — sumers 1,431 19 8 Horahora-Waikino .. .. .. 2,208 5 8 * 280 18 10 Horahora-Hamilton .. ,. .. 371 8 8 180 13 1 Mystery Creek - Te Awamutu .. 339 11 10 66 11 4 Te Awamutu - Hangatiki .. .. 67 17 0 50 6 5 Waiorongomai-Waihou .. .. 146 10 8 56 12 10 Horahora-Arapuni .. .. .. 165 12 5 99 3 6 Arapuni-Ngongotaha .. .. 163 12 4 63 0 0 Fees for inspection of lines and testing of ■. 68 5 0 145 5 1 Arapuni-Hamilton .. .. .. .. instruments 3,928 7 1 Hamilton-Penrose 64 19 5 Penrose-Waitemata, .. .. .. 225 3 4 369 9 3 Katikati-Waikino .. .. .. 290 16 8 58 9 11 Bombay-Waikino .. .. .. 561 13 6 Ngongotaha-Opotiki .. .. 821 15 7 — — 5,362 7 8 6,732 16 5 34,446 16 8 Carried forward .. .. .. 61,223 14 0 125,311 14 3 Carried forward .. .. .. 135,511 0 11

B. —1 [PT. IV

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Gross Revenue Account—continued.

31

1927-28. 1928-29. 1927-28. 1928-29. . | 11 I ■ 1 £ s. d. i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 34,446 16 8 Brought forward .. .. .. 61,223 14 0 125,311 14 3; Brought forward .. .. .. 135,511 Oil To Transmission lines (110, 000-volt) — Arapuni-Hamilton .. . . .. 100 12 4 Hamilton-Penrose .. .. .. 952 10 3 1,053 2 7 Operation and maintenance of main substations (50,000- volt) — 771 5 1 Waikino .. .. .. .. 714 2 9 593 15 0 Hamilton .. . . .. .. 735 0 3 273 8 2 Te Awamutu .. .. .. j 309 13 3 265 18 1 Hangatiki .. . . . . .. 358 16 7 334 17 4 Waihou .. .. .. .. j 593 7 8 24 3 11 Arapuni .. .. .. .. 14 12 2 287 10 8 Ngongotaha . . .. .. j 318 16 11 5 7 2 Mamaku .. .. .. .. 7006 22 1 1 Bombay Edgecumbe . . .. .. 29 0 3 913 0 0 Penrose 213 17 8 Henderson .. .. .. .. 247 6 11 272 7 10 Takapuna ... .. .. .. 332 16 5 0 11 11 Kerepeehi .. .. .. ..I 116 9 1 — i 3,840 2 9 3,978 3 11 Operation and maintenance of main substations (110, 000-volt) — Penrose .. .. .. .. 1,014 9 9 Bombay .. .. .. .. 165 19 5 1,180 9 2 I 202 15 3 Operation and maintenance of distribution .. 190 16 0 | substations (11,000- volt) 38,627 15 10 Carried forward .. .. .. 67,488 4 6 125,311 14 3 Carried forward .. .. .. 135,511 0 11

B, 1 TPt. IV

32

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Gross Revenue Account—continued.

1927-28. 1928-29. 1927-28. I 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. 38,627 15 10 Brought forward .. .. .. 67,488 4 6 125,311 14 3 Brought forward .. .. .. .. 135,511 0 11 To Operation and maintenance of distributionlines (11,000-volt) — 367 10 0 Horahora-Hamilton-Frankton.. .. 333 1 9 14 9 8 Waikino-Waihi .. .. .. 13 0 6 346 2 3 381 19 8 1,927 3 9 General supervision and management of .. 2,187 3 1 transmission and distributing systems Management and general — 3,678 12 5 Salaries, wages, and audit fees .. 3,878 4 10 339 9 0 Accident insurance, sick and holiday pay 392 7 1 353 8 4 Travelling-expenses and motor-cars .. 374 3 6 295 15 2 Postages, telegrams, and telephones .. 284 4 10 65 12 6 Fire insurance .. .. .. 72 9 0 160 5 6 Printing, stationery, and advertising .. 199 1 10 265 16 0 Office rent, cleaning, and lighting .. 268 7 5 197 5 8 Experimental testing and miscellaneous 382 2 10 expenses 269 12 11 Testing, oil-drying, repairs, &c., for con- 355 7 0 sumers 5 5 0 Legal expenses .. . . .. 3 8 0 — — 6,209 16 4 5,631 2 6 46,568 1 9 76,231 6 2 78,743 12 6 Balance to Net Revenue Account .. .. 59,279 14 9 £125,311 14 3 J £135,511 0 11 £125,311 14 3 l£135,511 0 11 i, - = . ~

B. —1 [Pt. IV

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Net Revenue Account.

s—B. 1 [PT. IV

33

1927-28. 1928-29. 1927-28. 1928-29. ■ £ s. d. ; £ s. d. £ s. d. £ s. d. ! 44,189 14 1 To Interest on purchase-money for plant purchased from Waihi 53,044 11 2 78,743 12 6 By Balance from Gross Revenue Account.. .. .. 59,279 14 9 Gold-mining Co., Ltd., and on advances from Treasury , .. Balance to Profit and Loss Appropriation Account .. 15,291 9 2 18,646 6 0 Depreciation on completed works (2 per cent.) and on stocks 21,526 12 9 15,907 12 5 Balance to Profit and Loss Appropriation Account £78,743 12 6 £74,571 3 11 £78,743 12 6 £74,571 3 11 ' ] — i Profit and Loss Appropriation Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928. I £ s. d. £ s. d. £ s. d. £ s. d. To Balance from Net Revenue Account .. .. .. 15,291 9 2 15,907 12 5 By Balance from Net Revenue Account 9,732 0 0 Sinking Fund contribution as required by section 12 of .. .. " Balance to Reserve Account .. .. .. .. 15,291 9 2 the State Supply of Electrical Energy Act, 1917 6,175 12 5 Reserve Fund ! £15,907 12 5 £15,291 9 2 £15,907 12 5 £15,291 9 2 Depreciation Reserve Account. £ S. d. £ s. d. I £ s. d. £ S. d. 385 6 5 To Cost of replacing Horahora-Waikino Line —six towers and .. 63,782 3 2 By Balance at close of previous year .. .. .. 84,271 11 6 telephone line and hut j 2,551 5 9 Interest for year .. .. .. .. .. 3,370 17 3 322 17 0 Amount written off for plant sold and replaced .. .. 528 10 5 18,646 6 0 Amount set aside as per Net Revenue Account .. .. 21,526 12 9 Amount written off for plant transferred and replaced .. 3,094 0 0 Amount written off equal to value set aside in respect to 2,359 18 5 assets destroyed by fire at Horahora on 1/9/28 5,982 8 10 84,271 11 6 Balance to general balance-sheet .. .. .. 103,186 12 8 ! | £84,979 14 11 £109,169 1 6 £84,979 14 11 £109,169 1 6 — - I _ ,

B.—l [Pt. IV],

34

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Sinking Fund Account.

1927-28. 1928-29. 1927-28. ' 1928-29. ' i 1 | i | | £ s. d. | £ s. d. £ s. d. [ £ s. d. 49,847 8 11 ! To Balance .. .. .. .. .. .. 52,163 18 3 38,515 1 9 By Balance at close of previous year .. .. .. 49,847 8 11 9,732 0 0 Amount set aside as per Profit and Loss Appropriation Account 1,600 7 2 Interest .. .. .. .. .. .. 2,316 9 4 £49,847 8 11 £52,163 18 3 £49,847 8 11 £52,163 18 3 -■ - - Reserve Fund Account. £ s. d. £ s . d. £ s. d. £ s. d. To Balance from Profit and Loss Appropriation Account .. 15,291 9 2 47,669 10 0 ; By Balance at close of previous year .. .. .. 53,845 2 5 Damage by fire at Horahora — 6,175 12 5 i Amount set aside as per Profit and Loss Appropriation Account Assets destroyed and replaced .. .. .. 4,148 17 8 Assets destroyed but not replaced .. .. .. 1,989 12 8 21,429 19 6 53,845 2 5 Balance carried to general balance-sheet.. .. •• 32,415 2 11 £53,845 2 5 £53,845 2 5 £53,845 2 5 £53,845 2 5

B—l [PT. IV],

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Balance-sheet at 31st March, 1929.

35

I I I i 1927-28 Liabilities. 1928-29. 1927-28. Assets. 1928-29. £ s. d. Electric Supply Account— £ s. d. £ s. d. £ s. d. Works, &c., at Horaliora — £ s. d. £ s. d. 846,967 0 0 Balance carried to general balance-sheet .. 1,029,246 0 0 2,168 5 9 Roads and bridges .. .. .. 2,168 5 9 15,191 2 6 Sundry creditors .. .. .. 14,011 15 4 1,039 15 3 Land and fencing .. .. .. 1,039 15 3 84,271 11 6 Depreciation reserve .. .. .. 103,186 12 8 11,491 11 6 Accommodation for staff and workmen .. 11,822 5 1 49,847 8 11 Sinking Fund .. .. .. 52,163 18 3 177,934 2 7 Headworks .. .. .. .. 178,011 12 10 53,845 2 5 Reserve Fund .. .. .. 32,415 2 11 73,750 6 2 Generating-station .. .. .. 73,988 18 11 -1,231,023 9 2 40,626 9 8 Transformer building and machinery .. 38,826 4 6 1,639 18 7 Tools and equipment .. .. .. 796 8 6 306,653 10 10 308,650 9 6 Auxiliary plants — 10,298 19 1 Waihi Grand Junction steam-plant .. 9,202 5 0 Diesel Station, Penrose .. .. 63,656 17 2 ! ! 72,859 2 2 Transmission-lines (50,000-volt) — II 38,660 1 3 ! I oral) ora—Waikino .. .. .. 38,767 2 0 I 11,048 13 5 Waikino-Katikati .. .. .. 11,067 17 11 4,561 6 6 Waiorongomai-Waihou .. .. 4,561 6 6 138 19 2 Waihou-Hamilton .. .. .. 138 19 2 22,332 6 7 Horahora-Hamilton .. .. .. 22,332 6 7 7,803 2 6 Mystery Creek - Te Awamutu .. .. 7,803 2 6 12,116 18 5 Te Awamutu - Hangatiki .. .. 12,158 18 5 4,873 0 0 Horahora-Arapuni .. .. 4,896 2 7 18,903 2 0 Arapuni-Ngongotaha .. .. .. 18,943 3 5 Ngongotaha-Opotiki .. .. .. 29,449 16 10 148 15 9 Arapuni - Te Kuiti 34,921 4 5 Arapuni-Hamilton 100,491 0 10 Hamilton-Penrose 45,878 12 8 PeHrose-Takapuna .. .. .. 46,215 9 2 31,727 15 8 Bombay-Waikino .. .. .. 31,806 1 1 1,543 0 7 Linemen's cottages .. .. .. 1,550 9 6 229,690 15 8 335,147 19 9 Transmission-lines (110, 000-volt) — Arapuni - Te Kuiti .. .. .. 148 15 9 Arapuni-Hamilton .. .. .. 35,234 11 0 Hamilton-Penrose .. .. .. 100,195 1 4 135,578 8 1 1,050,122 5 4 Carried forward .. .. .. 1,231,023 9 2 654,097 8 4 Carried forward .. .. 744,781 16 9

B —1 [Pt. IV],

36

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Balance-sheet at 31st March, 1929—continued.

1927-28. Liabilities. j 1928-29. 1927-28. Assets. ! 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. £ *" jj 8. d. | 1,050,122 5 4 Brought forward .. .. .. 11,231, 023 9 2 654,097 8 4 Brought forward .. .. .. 744,781 16 9 j i Main substations (50,000- volt) — I 34,432 0 6 Waikino .. .. .. . . 31,042 4 5 1 10,311 2 0 Hamilton .. " .. .. 10,522 16 5 6,964 5 7 Te Awamutu .. .. .. .. 6,966 7 9 I !. 12,140 2 5 Waihou .. .. .. .. 10,195 18 8 j 6,885 13 4 Hangatiki .. .. .. .. 6,858 5 9 ; 2,318 19 5 Arapuni .. .. .. .. 2,369 13 6 4,183 2 2 Ngongotaha .. .. .. 4,164 10 5 j 1,614 6 9 Mamaku .. .. .. 1,393 13 11 Edgecumbe .. .. .. -. 3,905 1 8 3,452 10 3 Bombay • ! 35,770 19 11 Penrose 13,966 14 2 Henderson .. .. .. .. 13,535 7 7 12,588 13 0 Takapuna .. .. .. .. 11,529 18 4 604 3 11 Kerepeehi .. .. •. .. 621 8 1 103,105 6 6 145,232 13 5 Main substations (110, 000-volt) — Penrose .. .. .. .. 37,537 8 6 Bombav .. .. •• .. 13,452 10 3 50,989 18 9 Distribution-lines (1 1,000- volt) — 33,581 10 5 Horahora-Frankton .. •• .. 33,581 10 5 704 11 11 Branch to Waihi Grand Junction .. 704 11 11 6,000 0 0 Waikino-Waihi .. •• .. 6,000 0 0 3,314 14 3 Bombay-Pukekohe .. •• .. 3,314 14 3 j " 43,600 16 7 43,600 16 7 Distribution substations (11,000-volt) — 6,450 14 0 Waihi Grand Junction Co. •• •• j 8,642 18 6 | ! 2,278 0 1 Taps for consumers .. •• •• 2,269 12 6 i 10,912 11 0 j 8,728 14 1 1,050,122 5 4 Carried forward .. . . j .. 1,231,023 9 2 | 851,659 12 5 Carried forward .. •• .. 953,390 9 7 I " - L !

B.—l [PT. IV].

The Audit Office having examined the balance-sheet and accounts, required by law to be audited, hereby certifies them to be correct.—■ G. F. C. Campbell, Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Balance-sheet at 31st March, 1929—continued.

37

1927-28. Liabilities. ■ 1928-29. 1927-28- Assets. 1928-29. | £ s. d. £ s. d. £ s. d. £ s. d. J £ s. d. 1,050,122 4 Brought forward .. .. .. 1,231,023 9 2 851,659 12 5 Brought forward .. .. .. 953,390 9 7 Hamilton Area — 3,997 14 6 Land at Ruakura .. .. .. 3,997146 8,127 7 1 Stores buildings, fittings, and railway-siding, 9,778 8 10 Ruakura 4,380 5 11 Sta% residences, Ruakura .. .. 4,397 8 2 3,678 16 6 Loose tools and equipment .. .. 4,163 6 11 4,101 18 0 Motor lorries, cars, and cycles .. .. 4,264 0 6 924 0 5 Office furniture, Hamilton .. .. 696 7 2 227 9 6 Office accommodation .. .. .. 227 9 6 11,683 19 5 Engineering office and general expenses on 12,853 14 8 surveys and on construction 22,619 14 5 Salaries of officers on survey and on con- I 37,712 8 6 struction 49,568 5 5 Interest during construction .. .. 66,013 11 5 11.528 0 0 Cost of raising loans .. .. .. ! 29,865 0 0 I 173,969 10 2 120,837 11 2 Arapuni Area — 675 10 9 Electric lines and distribution .. .. 675 15 6 ' : 973,172 14 4 1,128,035 15 3 8,710 9 6 General stocks of material on hand .. .. 14,310 0 3 Debtors — 28,011 14 11 For electricity and sales of materials .. 36,498 6 10 111 17 8 For payments in advance .. .. 15 8 7 — 36,513 15 5 28,123 12 7 Sinking Fund — 39,451 5 10 Investments and cash in hands of Treasury 51,406 18 5 664 3 1 Interest accrued .. .. .. 756 19 10 52,163 18 3 40,115 8 11 £1,050,122 5 4 £1,231,023 9 2 £1,050,122 5 4 £1,231,023 9 2 Note. —The sum of £524,621 4s. 6d., representing various assets which form part of the permanent works of the Arapuni scheme, but which are in the meantime operated in production of Horahora revenue, is included in the above figures. In connection therewith, maintenance (£38,357 6s. 5d.), interest (£25,815 03. 8d.), and depreciation (£9,812 8s. 5d.) are charged against the Horahora scheme.

B. —I TPt. IV

38

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Balance-sheet at 31st March, 1929—continued.

1927-28. Liabilities. 1928-29. j 1927-28. Assets. 1928-29. £ s. d. £ s. d. ' £ s. d. Works, &c., at Arapuni — ; £ g. d. £ s. d. Electric Supply Account —Balance carried to general 9,108 15 11 Land and fencing .. .. .. .10,703 12 11 1,815,683 4 4 balance-sheet .. .. .. .. .. 2,256,664 16 3 25,893 0 9 Roads and bridges .. .. .. 25,900 18 10 182,112 9 6 Sundry creditors .. .. .. .. .. 30,173 16 7 5,408 9 9 Houses .. .. .. .. 5,408 9 9 6,206 7 10 Offices and temporary buildings .. 6,204 17 10 ' ' 48,217 19 4 !! 46,616 14 3 j Headworks — 19,649 14 7 Engineering and preliminary works .. 25,281 12 8 Dam and other headworks under Arai1,194,751 5 8 strong-Whitworth's contract .. 1,238,988 10 9 Tailrace, power-house, machinery, &c., 17,816 0 6 constructed by Department .. 131,095 1 1 ' 1,395,365 4 6 1,232,217 0 9 I 50,000- volt lines — 25,488 6 10 Ngongotaha-Opotiki 4,654 19 0 Hamilton-Huntly .. .. 8,773 9 0 0 9 11 Henderson - North Auckland .. 380 7 5 : 9,153 16 5 j 30,143 15 9 1 110,000- volt lines — 196,629 18 9 Arapuni-Penrose (tower) No. 1 .. 202,400 2 11 2 9 1 Arapuni-Penrose (tower) No. 2 .. 1,571 12 3 Arapuni-Waikaiemoana .. .. 93 18 8 : 204,065 13 10 196,632 7 10 I 50,000- volt substations — 30,178 17 3 Bombay 42 13 10 Huntly .. .. .. .. 4,666 5 11 6,989 0 0 Kerepehi .. .. .. 11,198 9 0 1,126 7 0 Edgecumbe .. .. .. 8,185 19 6 1,052 6 2 .Waiotahi .. .. .. 8,395 12 3 2,530 11 5 Matamata .. •. •. 7,495 2 4 39,941 '9 0 41,919 15 8 j 110,000-volt substations — 82,633 3 1 Penrose .. .. .. 103,962 1 8 3,701 15 6 Hamilton .. .. .. 13,832 19 2 Bombay .. .. .. 27,009 4 4 i 144,804 5 2 86,334 18 7 45,802 3 11 Penrose Auxiliary Station Diesel plant 1,997,795 13 10 Carried forward .. .. .. .. 2,286,838 12 10 ; 1,679,666 16 9 Carried forward .. .. .. 1,841,548 8 3

39

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 as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME—continued. Balance-sheet at 31st March, 1929—continued.

1927-28. Liabilities. 1928-29. 1927-28. j Assets. 1928-29. . . . £ 8. d. £ s. d. £ s. d. £ s. d. £ s. d. 1,997,795 13 10 Brought forward .. .. .. .. 2,286,838 12 10! 1,679,666 16 9 Brought forward .. .. .. 1,841,548 8 3 General — 4,088 3 11 Motor-vehicles .. .. .. 2,220 11 1 6,729 10 4 Loose tools, plant, and equipment .. 3,154 16 11 Engineering, office, and general expenses on preliminary survey and during con52,702 14 0 struction .. .. .. .. 53,085 8 11 Supervision and office .expenses on trans-mission-lines and substations during 25,482 13 9 construction .. .. .. 27,077 2 0 151,940 17 4 Interest during construction .. .. 242,907 19 1 48,007 0 0 Cost of raising loans .. . - .. 69,928 12 4 398,374 10 4 288,950 19 4 2,239,922 18 7 1,968,617 16 1 28,218 16 11 Stocks of material on hand . . .. .. 44,012 7 9 959 0 10 Sundry debtors .. .. .. .. 2,903 6 6 £1,997,795 13 10 , £2,286,838 12 10 £1,997,795 13 10 £2,286,838 12 10 Note. —The sum of £524,621 4s. 6d., respecting various assets which form part of the permanent works of the Arapuni Scheme, but which are in the meantime operated in production of revenue by the Horahora Scheme, has been transferred to the accounts of the latter scheme. In connection therewith maintenance (£38,357 6s. 5d.), interest (£25,815 0s. 8d.), and depreciation (£9,812 8s. 5d.) are charged against the Horahora Scheme.

B.—l [PT. TV],

ELECTRIC SUPPLY ACCOUNT—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928. Gross Revenue Account.

40

i - 1 .1 • if M | 1927-28. 1928-29. I 1927-28. ' 1928-29. I -i j \ | * I £ s. d. i To Generating-expenses, headworks, and power- £ s. d. £ s. d. £ s. d. By Sale of electricity — £ s. d. £ s. d. house (temporary development) — 1 2,100 0 0 Wholesale consumers .. .. .. 5,722 0 0 253 13 9 Operating salaries and wages .. .. 859 17 2 128 10 8 Retail consumers .. .. .. 357 0 1 7 13 2 Operating supplies .. .. .. 112 15 6 j 6,079 0 1 Maintenance — 2,228 10 8 Headworks .. .. .. .. 0 10 9 78 0 7 Pipe-lines .. .. .. .. 88 4 9 Rents — 1 15 2 Power-housebuilding.. .. .. 25 16 1 111119 Cottages, &c. .. .. .. 781 3 5 2 9 11 Turbines and generators .. .. 50 4 0 33 0 0 Land .. .. .. .. 73 10 0 2 0 0 Transformers .. .. .. 0 7 0 ■. Transmission-line poles i .. .. 7 4 4 6 18 11 Switchgear, meters, &c. .. .. 35 6 4 2,700 0 0 Plant and land leased to Wairoa Power Board 4 15 6 Staff houses .. .. .. .. 265 17 8 861 17 9 Hostel and single men's quarters .. 17 17 11 2,844 11 9 Permanent electric lines .. .. 11 8 6 Water-supply, sewerage, (fee. .. .. 1 6 11 Removal of refuse .. .. .. 31 15 0 1,501 7 7 357 7 0 Operation and maintenance of transmission-line, Waikaremoana-Wairoa — Linesmen's wages and expenses .. 55 1 3 Transport of linesmen .... 20 3 9 Repairs and maintenance .. .. 8 15 83 6 5 Management and general — • 15 0 0 Salaries and allowances .. .. 65 11 5 Travelling-expenses .. .. .. 8 0 0 10 8 6 Fire insurance 2 0 0; Printing and stationery .. .. 9 10 6 ; Advertising .. .. .. .. 19 9 8 0 0 Postages and telephone subscriptions .. 25 0 0 5 0 0 Audit fees .. .. .. ... 10 0 0 15 0 0 Head Office expenses .. .. .. 48 0 0 167 11 8 55 8 6 1 752 5 8 4,660 6 11 Balance to Net Revenue Account .. .. 5,188 12 2 £5,073 2 5 ! £6,940 17 10 ! £5,073 2 5 j £6,940 17 10

B.—l [PT. IV].

ELECTRIC SUPPLY ACCOUNT—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY—contined. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Net Revenue Account.

6—B. 1 [PT. IV].

41

Net Revenue Account. I 1927-28. — 1928-29. 1927-28. , 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. To Depreciation at 2 per cent, per annum on completed works 4,660 6 11 By Balance from Gross Revenue Account .. .. .. 5,188 12 2 2,345 9 9 at 31st March, 1929.. .. .. .. .. 2,587 3 10, 3,706 9 7 Loss for year .. .. .. .. .. 4,433 6 0 6,021 6 9 Interest for year ended 31st March, 1929 .. .. 6,977 13 8 Contributions to Fire Insurance Reserve for year ended 31st March, 1929 .. .. .. .. .. 57 0 8 £8,366 16 6 £9,621 18 2 £8,366 16 6 £9,621 18 2 Profit and Loss Appropriation Account. £ s. d. £ s. d. £ s. d. £ s. d. 15,050 4 7 To Balance from previous year .. .. .. .. 18,756 14 2 18,756 14 2 By Balance .. .. .. •. .. .. 23,190 0 2 3,706 9 7 Balance from Net Revenue Account .. .. .. 4,433 6 0 £18,756 14 2 £23,190 0 2 £18,756 14 2 £23,190 0 2 Depreciation Reserve Account. _ £ s. d. £ s. d. £ s. d. £ s. d. 8,924 11 7 To Balance .. .. .. .. .. 11,868 15 1 6,326 1 0 By Balance at close of previous year .. .. .. 8,924 11 7 253 0 10 Interest on £8,924 lis. 7d. .. .. .. ... 356 19 8 2,345 9 9 Amount reserved for year .. .. .. .. 2,587 3 10 £8,924 11 7 £11,868 15 1 £8,924 11 7 ' £11,868 15 1 Fire Insurance Reserve Account. £ s d. £ s. d. i £ s. d. j 1 £ s. d. To Balance .. .. .. .. .. .. 57 0 8 .. By Amount reserved for year .. .. .. .. j 57 0 8 £57 0 8 { £57 0 8

B.—l [Pt. IV],

42

ELECTRIC SUPPLY ACCOUNT—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929.

1027-28. i Liabilities. j 1928-29. j 1927-28. | Assets. 1928-29. £ s. d. £ s. d. £ s. d. Temporary development — £ s. d. £ s. d. 8,924 11 7 Depreciation reserve .. .. .. .. .. 11,868 15 1 34 17 11 Supervision .. .. .. .. 34 17 11 Fire insurance reserve .. . . .. .. .. 57 0 8 741 1 6 Headworks .. .. .. .. 741 1 6 Sundry creditors — 25,962 10 10 Pipe-lines .. .. .. .. 25,962 10 10 COther Government Departments .. .. .. 95 16 3 26,348 12 9 Power-house and machinery .. .. 26,348 12 9 51,307 - 1 -■ Public Works Department .. .. .. .. 10,129 12 0 3,625 14 2 Turbines and generators .. .. 3,625 14 2 LNon-departmental —Persons or bodies .. .. .. 19,234 14 5 901 15 7 Transformers and lightning-arresters .. 901 15 7 610,979 5 9 Balance carried to general balance-sheet .. .. .. 985,538 12" 0 79 15 4 Switch-gear .. .. .. .. 79 15 4 442 11 4 Workshop and equipment .. .. 442 11 4 58,136 19 5 58,136 19 5 Lower development — 313 16 5 Kahutangaroa Dam .. .. .. .. 3,206 5 11 Main development — Headworks — 2,530 7 1 Supervision .. .. .. .. 3,746 3 6 1,941 6 5 River-diversion weir .. .. .. 6,093 4 11 6,347 3 1 River-diversion race .. .. 6,451 2 0 5.034 12 1 Earth dam, Kaitawa .. .. . . 5,939 16 2 4,304 17 10 Approach canal to tunnel .. .. 5,457 0 3 16,928 18 3 Tunnel .. .. .. .. 21,989 4 0 17,269 1 5 Surge-chamber .. .. .. 18,193 18 9 59,754 3 11 Pipe-lines .. .. .. .. 75,450 2 9 Tail-race .. .. .. .. 216 16 11 1,533 8 5 Tram-line .. .. .. .. 1,546 17 11 3.035 6 9 Access road .. .. .. .. I 3,035 6 9 | 148.119 13 11 118,679 5 3 — Main power-station — 1,118 8 7 Supervision .. .. .. .. 2,989 14 1 44,388 6 1 Power-house building .. .. 69,307 6 10 4,360 13 2 Power-house crane .. .. .. 5,173 18 5 1 10 10 Turbines, piping, and valves .. .. 26,195 13 3 10 5 10 Generators .. .. .. .. 36,768 5 11 Exciters .. .. .. .. 1,222 5 9 213 19 6 11 kv. switchgear, metering and control equip- 10,863 13 1 ment Low-tension power cables .. .. 708 7 5 3,489 0 5 Battery and booster .. .. .. 3,881 8 8 417 4 5 Local-service transformer .. .. 473 12 4 172 11 10 Electric wiring and lighting .. .. 1,929 8 4 Telephone equipment, water-recorders, &c... 1,772 14 2 |£671,210 19 5 | Carried forward .. .. .. .. .. £1,026,924 10 5 £177,130 1 1 Carried forward .. .. .. £161,286 8 3 £209,462 19 3

B.—l FPt. IVI.

ELECTRIC SUPPLY ACCOUNT—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929—continued.

43

I I I 1927-28. j Liabilities. 1928-29. 1927-28. Assets. 192S-29 I ; t J !_J I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 671,210 19 5 Brought forward .. .. .. .. .. 1,026,924 10 5 177,130 1 1 Brought forward .. .. .. 161,286 8 3 209,462 19 3 Main power-station —continued. Load-testing tank .. .. .. 979 14 2 1,318 11 11 Access road to power-house .. .. 1,337 14 5 1,324 0 2 Workshop and test-room equipment .. 2,387 8 11 109 1 10 Power-station earths .. .. .. 514 9 11 General testing of plant .. .. 4 3 8 ' 166,509 19 4 56,923 14 7 58,645 14 9 Outdoor station .. .. .. .. .. 89,568 12 5 21,459 19 5 Staff village .. .. .. .. .. 26,986 2 11 Transmission-lines — 93,307 7 10 Waikaremoana-Napier (110 kv.) .. .. 155,048 6 2 9.589 4 9 Waikaremoana-Gisborne (50 kv.) .. 35,662 8 6 22,748 12 8 Waikaremoana-Wairoa (50 kv. .. .. 23,620 14 7 Waikaremoana-Arapuni (110 kv.) .. 1,038 17 6 Waikaremoana-Maori Pas (400 v.) .. 231 18 4 215,602 5 1 125,645 5 3 Substations — 5,339 0 5 Gisborne .. .. .. .. 14,220 9 2 2,659 18 1 Wairoa .. .. .. .. 3,816 18 6 — 18,037 7 8 7,998 18 6 Management and general — 479 4 8 Exploration, preliminary survey, &c. .. 585 15 0 19,947 11 11 Engineering and office expenses .. .. 30,559 5 9 8,736 14 2 Salaries (office, &c.) .. .. .. 14,327 12 5 1,712 10 5 Travelling and transfer expenses .. .. 3,221 6 1 48,693 19 3 30,876 1 2 15,798 18 11 Workers'accommodation .. .. .. .. 15,74110 3 81 19 5 Accident appliances .. .. .. .. 142 7 8 £671,210 19 5 Carried forward .. .. ... .. •• 1,026,924 10 5 494,560 13 1 Carried forward .. .. .. .. 790,745 3 10

B.—l [PT. IV],

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.— G. F. C. Campbell, Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929—continued.

44

1927-28. Liabilities. 1928-29. 1927-28. Assets. 1928-29. £ s. d. £ s. d. £ s. d. | 1 £ s. d. 671,210 19 5 Brought forward .. .. .. .. .. 1,026,924 10 5 494,560 13 1 | Brought forward .. .. .. .. 790,745 3 10 Temporary service buildings — i 4,791 8 8 : Tnai and Kaitawa .. .. .. 5.478 12 3 4.640 3 4 Wairoa and Napier .. .. .. 4,697 8 1 — 10,176 0 4 9,431 12 0 3.734 2 4 Harbour facilities —Waikokopu .. .. .. 3,767 16 1 39,801 17 8 Main road and bridges .. . . .. .. 46,482 10 2 11,641 12 1 Land and fencing .. .. .. .. 13,432 10 2 1,064 10 4 Telephone-line to Wairoa .. .. .. .. 1,064 10 4 205 11 8 Works telephone-lines .. .. .. .. 229 10 2 3,659 2 2 Temporary power-lines .. .. .. .. 3,759 2 1 958 3 0 Temporary water-supply .. .. .. .. 933 1 0 58 10 9 Tuai crusher installation .. .. 105 4 0 Kaitawa crusher installation 20 0 0 Insley excavator installation 10,366 0 0 Construction plant .. .. .. .. 7,220 0 0 70 18 10 Office fittings 1,489 9 3 Holiday pay to workmen .. .. .. .. 3,483 5 9 698 11 1 Accident compensation .. .. . . .. 2,230 17 1 22,623 17 3 Interest during construction .. .. .. 45,899 1 2 13,403 0 0 Costs of raising loans .. .. .. .. 40,193 0 0 613,892 15 1 969,616 8 2 — Sundry debtors — f Other Government Departments .. | 269 15 0 3.735 6 5 •{ Public Works Department .. .. j 18,155 3 2 LNon-departmental persons or bodies .. i 2,714 17 6 3,486 10 7 Plant and material transferred (within vote) 1,060 12 11 - 22,200 8 7 31,339 13 2 Stocks of materials, tools, &c. .. .. ' .. 11,917 13 6 18,756 14 2 Profit and Loss Account —Accumulated loss to .. 23,190 0 2 date . | 1,026,924 10 5 £671,210 19 5 £1,026,924 10 5 £671,210 19 5 j |f1,026, 924 10 5

B. —1 [PT. IV].

EXTERNAL AFFAIRS DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1929. Expenditure. Income. Dr. £ s. d. Cr. £ s. d. To Salaries .. .. .. .. .. 1,109 1 6 By Balance carried down .. .. .. 45,078 3 7 Advertising, &c. .. .. .. .. 25 2 9 Amount misappropriated .. .. .. 256 18 8 Fuel, light, water, &c. .. .. .. 49 0 0 Grants — Bureau of Tropical Diseases .. .. 100 0 0 Samoan Administration, for educational, medical, and wireless services .. .. 8,000 0 0 Arrears of salary of officer .. .. .. 300 0 0 Office expenses .. .. .. .. 14 10 4 Pay and expenses of Samoa Civil Police .. 71 14 11 Pay, expenses, &c., Major-General Sir G. S. Richa,rdson to Geneva .. .. .. 2,11114 2 Pay and expenses of Samoa Military Police .. 31,107 810 Postages, telegrams, &c. .. .. .. 587 1 7 Printing and stationery .. .. .. 268 16 11 Telephone services .. .. .. 33 16 2 Travelling allowances and expenses .. .. 397 8 8 Legal fees .. .. .. .. 400 9 2 Rent .. .. .. .. .. 80 0 0 Depreciation .. .. .. .. 164 19 11 £45,078 3 7 £45,078 3 7 £ s. d. £ s. d. To Balance brought down .. .. .. 45,078 3 7 By Cost of bringing out m.v. " Maui Pomare," preInterest on capital .. .. .. 151 11 6 viously charged to revenue, now transferred to Cook Islands Department and capitalized 3,499 12 10 Adjustment on account of overcharge in previous year .. .. .. .. 56 8 4 Excess of expenditure over income .. .. 41,673 13 11 £45,229 15 1 £45,229 15 1 Note.'—The following charges, for which the Department possesses no parliamentary appropriation, are included : (a) Rental value as assessed by Public Works Department; (b) interest at 4£ per cent, on capital as at Ist April, 1928. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital .. .. .. .. .. 3,368 6 6 Office fittings .. .. .. 417 10 6 Creditors — £ s. d. Additions .. .. .. 22 310 Departmental .. .. 65 15 7 439 14 4 Sundry .. .. .. 3,915 10 2 Official stamps .. .. .. .. 18 7 6 3,981 5 9 S.s. " Lady Roberts " .. .. .. 2,650 16 0 Depreciation Reserve .. .. .. 1,010 13 9 Photographic film .. .. .. .. 300 0 0 Treasury Adjustment Account .. .. 36,722 5 9 Excess of expenditure over income .. .. 41,673 13 11 £45,082 11 9 £45,082 11 9 C. A. Berendsen, Secretary. 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. GOVERNMENT FIRE INSURANCE FUND. (Established under section 133, Public Revenues Act, 1926.) Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. [ Cr. £ s. d. £ s. d. To Accumulated fund as at Ist April, 1928 .. 50,280 14 7 By Claims paid— Contributions—Section 133 (1), Public Revenues Agriculture Department .. 741 8 11 Act, 1926 .. .. .. .. 10,000 0 0 Education Department .. 12,389 1 7 Public Trust Office—lnterest at 5| per cent, on Health Department .. 151 15 0 balance at credit .. .. .. 3,199 9 2 Public Works Department .. 651 16 8 Receipts re Waioweka Native School .. 5 0 0 Tourist and Health Resorts Department .. .. 1,256 10 4 15,190 12 6 Claims due but not paid, 31st March, 1929 .. .. 9,895 14 4 Less claims due but not paid, 31st March, 1928 .. 2,981 0 7 6,914 13 9 Accumulated fund at 31st March, 1929 .. 41,379 17 6 £63,485 3 9 j £63,485 3 9 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Accumulated fund as at 31st March, 1929 .. 41,379 17 6 Amount invested in the Common Fund of the Claims due but not paid .. .. .. 9,895 14 4 Public Trust Office (earning interest at 5| per cent.) .. .. .. .. .. 51,275 11 10 £51,275 11 10 £51,275 11 10 I ; A. D. Park, F.1.A.N.Z., F.R.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.—J. EL. Fowler, Deputy Controller and Auditor-General.

45

B.—l FPT. IVI.

46

GOVERNMENT LIFE INSURANCE DEPARTMENT. Revenue Account of the Government Life Insurance Department for the Year ended 31st December, 1928. £ s. d. £ s. d. Amount of Funds at Ist January, 1928 7,303,924 14 10 Death claims under assurance policies, Renewal premiums — Assurance, An- including bonus additions .. 197,492 9 10 nuity, and Endowment .. .. 543,462 0 5 Endowment Assurances matured, inNew premiums (including instalments eluding bonus additions .. 305,939 12 0 of first year's premiums falling due Endowments matured . . 9,136 19 0 in the year) .. .. .. 59,527 7 7 Premiums returned on endowments .. 127 19 3 Single premiums—Assurance and En- Bonuses surrendered for cash .. 8,796 2 10 dowment .. .. .. 6,215 9 8 Annuities .. .. .. 23,184 10 10 Consideration for Annuities .. 17,153 16 0 Surrenders .. .. .. 41,311 13 7 £ s. d. Loans released by surrender .. 53,268 7 0 Interest and Rent .. 423,221 18 3 £ s. d. Less land and in- Commission, new* .. 35,389 611 co m eta x, „ renewal 4,279 9 3 £22,193 9s. sd. ; 39,668 16 2 property expenses, Contribution to Public Service Super£3,63o 6s. Id. 25,823 15 6 annuation Fund .. .. 710 0 6 397,398 2 9 Expenses of management— Salaries. £s. d. Head Office .. 22,534 12 1 Branch offices and agents .. 12,226 1 3 Extra clerical assistance .. .. 2,749 17 4 Medical fees and expenses .. .. 3,963 6 1 Travelling-expenses 689 3 10 Advertising .. 489 0 8 Printing and stationery .. .. 1,644 4 3 Rent .. .. 5,758 10 0 Postage and telegrams 1,715 10 4 Exchange .. 54 6 4 General expenses .. 3,280 5 10 Services rendered by Government Actuary .. .. 260 18 4 55,365 16 4 Transfer to Investment Fluctuation Reserve Account .. .. 10,000 0 0 Amount of funds, 31st December, 1928 7,582,679 3 11 J £8,327,681 11 3 £8,327,681 11 3 | 1 1 1 = * Including agents' allowances. Balance-sheet of the Government Life Insurance Department on 31st DErEMBER. 1928. Liabilities. Assets. £ s. d. £ s. d. Total Assurance, Annuity, and En- Loans on policies .. .. 999,041 5 0 dowment Funds (as per Revenue New Zealand Government securities 2,263,002 0 0 Account) .. .. .. 7,582,679 311 Municipal Corporation debentures .. 194,287 8 7 Claims admitted, proofs not yet com- County securities .. .. .. 104,190 16 10 pleted .. .. .. .. 31,981 18 3 Harbour Board debentures .. 29,300 0 0 Annuities .. .. .. 918 3 4 Town Board debentures .. .. 32,051 18 0 Commission .. .. .. 1,305 14 10 Road Board debentures .. .. 21,800 0 0 Medical fees .. .. .. 389 0 6 Drainage Board debentures .. 1,819 6 4 Premium and other deposits .. 8,133 11 5 Power Board debentures .. .. 706,046 7 0 Sundry creditors .. .. .. 3,742 7 4 Landed and house property .. 140,710 4 6 Accident and Fidelity Fund .. 3,441 18 5 Landed and house property (leasehold) 1,775 9 3 Investment Fluctuation Reserve .. 209,906 11 10 Mortgages on property .. .. 3,105,305 7 1 Sinking Funds on Local Body Loans 7,732 110 Properties acquired by foreclosure .. 5,033 19 11 Overdue premiums on £ s. d. policies in force .. 8,564 10 9 Outstanding premiums due but not overdue 53,210 11 4 — 61,775 2 1 Overdue interest .. 6,889 8 1 Oatstanding interest due but not overdue 9, 753 16 3 Interest accrued but not due .. .. 101,690 18 9 118,334 3 1 Agents' balances .. .. .. 9,207 0 10 Sundry debtors .. .. .. 1,352 14 9 Cash in hand and on current account 55,197 8 5 £7,850,230 11 8 £7,850,230 11 8 A. E. Allison, Commissioner. H. Rose, Secretary. The Audit Office, having examined the Revenue Account and Balance-sheet, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV],

47

GOVERNMENT STORES MARINE INSURANCE FUND. (Established under Section 134 of the Public Revenues Act, 1926.) Revenue Account foe the Year ended 31st March, 1929. Insurable Value Premiums P r ' of Imports. (ss. per Cent.). Cr. To Premiums paid by Departments— £ £ s. d. By Claims paid to Departments— £ s. d. £ s. d. Agriculture .. .. .. 2,050 5 2 6 Agriculture .. .. 32 9 0 Defence .. .. .. 47,910 119 15 6 Education .. .. 90 15 9 Education .. .. .. 11,938 29 16 11 Lands and Survey .. .. 44 14 0 Health .. .. .. 9,462 23 13 1 Naval Defence .. .. 633 8 9 Internal Affairs .. .. 3,595 8 19 9 Post and Telegraph .. .. 741 13 3 Labour .. .. .. 703 1 15 2 Public Works .. .. 152 11 2 Lands and Survey .. .. 9,028 22 11 5 Railways .. .. .. 551 7 5 Marine .. .. .. 1,538 3 16 11 Tourist and Health Resorts .. 9 0 0 Mental Hospitals .. .. 13,947 34 17 4 2,255 19 4 Mines .. .. .. 7,920 19 16 0 Claims due but not paid, 31st Naval Defence .. .. 69,620 174 1 0 March, 1929 .. 1,500 0 0 Police .. .. .. 1,250 326 Less claims due but not paid, Post and Telegraph .. .. 208,988 522 9 5 31st March, 1928 .. .. 104 14 5 Printing and Stationery .. 72,807 182 0 4 ■' 1,395 5 7 Prisons .. .. .. 1,808 4 10 5 Excess of income ovor claims .. .. 5,473 9 11 Public Works .. .. 425,253 1,063 2 8 Railways .. .. .. 970,625 2,426 11 3 Scientific and Industrial Research 4,400 11 0 0 State Coal-mines .. .. 2,728 6 16 5 State Forests .. .. .. 1,627 4 14 Tourist and Health .. .. 360 0 18 0 1,867,557 4,668 17 11 Excess of income over claims, 31st March, 1928 .. .. .. .. 1,674 5 9 Public Trust Office —Interest at Common Fund rate on balance at credit .. .. .. .. 229 13 7 Refund of general average con- £ s. d. tributions — S.S. " Kent " .. .. .. 1,934 5 6 S.S. " Port Napier" .. .. 394 11 5 S.S. " Remuera " .. .. 223 0 8 ■ — 2,551 17 7 £9,124 14 10 £9,124 14 10 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Claims due but not paid .. .. .. 1,500 0 0 Amount invested in the Common Fund of the Public Excess of income over claims .. .. .. 5,473 9 11 Trust Office (earning interest at 5J per cent.) .. 6,723 2 5 Sundry debtors —Departmental .. .. 250 7 6 £6,973 9 11 £6,973 9 11 A. D. Park, F.1.A.N.Z., F.R.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. - G. F. C. Campbell, Controller and Auditor-General.

B. —1 TPT. IVI.

48

GREYMOUTH HARBOUR BOARD : SPECIAL COAL RATE. ( 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 Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Interest at 5 per cent, on capital liability .. 7,081 19 0 By Coal rate received .. .. .. 1,616 15 0 Amount collectable outstanding .. .. 645 9 4 Coal rate due but not received .. .. 250 11 5 Balance .. .. .. .. 4,569 3 3 £7,081 19 0 £7,081 19 0 £ s. d. £ s. d. To Balance at 31st March, 1928 .. .. 182,834 4 6 By Balance .. .. .. .. 187,403 7 9 Balance brought down .. .. .. 4,569 3 3 £187,403 7 9 £187,403 7 9 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital liability .. .. .. .. 141,639 1 0 Coal rate due but not received .. .. 250 11 5 Interest due and unpaid .. .. .. 188,299 8 6 Amount collectable outstanding (coal rate in hands of Board) .. .. .. .. 645 9 4 Treasury Adjustment Account .. .. 141,639 1 0 Balance of Income and Expenditure Account .. 187,403 7 9 £329,938 9 6 £329,938 9 6 ===== | , — A. I). Park, F.1.A.N.Z., F.R.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. F. C. Campbell, Controller and Auditor-General.

49

B.—l TPT. IYI.

HAURAKI PLAINS SETTLEMENT ACCOUNT. Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Interest on debentures issued under Hauraki By Accrued rents .. .. .. ..11,036 14 1 Plains Settlement Act, 1926 .. .. 31,446 14 11 Rates .. .. .. .. .. 7,759 6 1 Interest on expenditure from Public Works Interest on investments .. .. .. 704 611 Fund .. .. .. .. .. 202 16 0 Interest on sales of land, &c. .. .. 267 19 6 Interest on temporary transfers from other Interest allowed on sinking-fund contributions 325 5 10 accounts .. .. .. .. 1 1 11 Miscellaneous .. .. .. .. 727 18 4 Administration expenses .. .. .. 423 15J 4 Net loss carried down .. .. .. 20,597 15 5 Maintenance Of completed works .. .. 3,804 11 10 Rates written off consequent upon area being taken over by Drainage Boards .. .. 1,993 13 10 Rebate of rent .. .. .. .. 626 17 3 Rebate of rates .. .. .. .. 52 1 2 Remissions of rent .. .. .. 836 11 4 Refund of rates .. .. .. .. 344 18 3 Irrecoverable rents, &c. .. .. .. 1,132 15 10 Irrecoverable rates .. .. .. 553 8 6 £41,419 6 2 £41,419 6 2 £ s. d. £ s. d. To Net loss brought down .. .. .. 20,597 15 5 By Adjustment on account of previous year .. 2 2 0 Balance from previous year .. .. 64,107 11 1 Sinking Fund reserve .. .. .. 4,837 13 8 Balance .. .. .. .. 79,865 10 10 £84,705 6 6 £84,705 6 6 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital Account — Improved land handed over to Land Board for Debentures issued under Hauraki £ s. d. £ s. d. settlement — £ s. d. £ s. d. Plains Act, 1926 .. .. 775,000 0 0 Leased .. .. .. 171,951 5 0 Expenditure from Public Works Unleased .. .. .. 13,870 15 9 Fund .. .. .. 5,070 0 0 185,822 0 9 Value of Crown land set apart Unpaid purchase-price of land sold on deferred under the Act .. .. 45,000 0 0 payment .. .. .. .. .. 3,875 510 825,070 0 0 Unimproved lands not yet disposed of .. .. 44,375 5 1 Discharged Soldiers Settlement Account (merged Improvements on adjoining Crown lands .. 7,710 0 0 interests under section 20, Discharged Soldiers Permanent reserves .. .. .. .. 8,851 0 0 Settlement Amendment Act, 1923) .. .. 353 110 Works in progress —Expenditure on land in proConsolidated Fund — cess of reclamation, including formation and Interest on debentures under metalling of roads .. .. .. .. 460,264 17 5 Local Bodies' Loans Act, £ s. d. Artesian wells — £ s. d. 1908 .. .. .. 22,083 6 8 Crown tenants, Hauraki Plains 1,045 8 10 Interest on expenditure out of Permanent reserves and Crown Public Works Fund .. 4,258 16 0 lands .. .. .. 216 10 9 Interest on temporary transfers 1,261 19 7 from other accounts .. 589 0 11 Buildings .. .. .. .. .. 6,429 1 1 Rates unpaid, 1917-21 .. 47 15 0 Wharves .. .. .. .. .. 4,799 0 0 26,978 18 7 Machinery and plant .. .. .. 51,061 15 11 Interest on debentures under Live-stock .. .. .. .. .. 147 10 0 Hauraki Plains Act, 1926 .. 114,686 1 10 Loose tools .. .. .. .. .. 361 7 10 Less accumulated losses written Stamps on hand .. .. .. .. 0 14 0 off under section 22, Finance Stores and fuel .. .. .. .. 7,370 19 7 Act, 1927 (No. 2) .. .. 59,997 6 7 Sundry debtors for — £ s. d. 54,688 15 3 Rents, &c. .. .. .. 4,855 2 7 Interest on debentures, accrued but not due .. 6 ,132 15 4 Instalments of principal on dePayments in advance— £ s. d. ferred-payment sales .. 150 12 5 Rents .. .. .. 154 8 4 Interest on deferred-payment Rates .. .. .. 22 7 0 sales . .. .. 131 5 8 Miscellaneous .. .. 6 12 7 Interest on investments .. 256 15 8 183 7 11 Interest on well-boring .. 136 11 8 Sundry creditors— Law-costs .. .. .. 47 12 4 Departmental .. .. 40 16 3 Rates .. .. .. 5,166 17 7 Miscellaneous .. .. 4,977 011 Tram freights .. .. 265 10 8 5,017 17 2 Departmental .. .. 3,505 15 2 Rents charged in advance .. .. .. 2,939 0 0 Miscellaneous .. .. 5,781 7 6 Suspense Account .. .. .. .. 35 I 9 -,20,297 11 3 Writings off in suspense .. .. .. 404 13 0 Postponed rent .. .. .. .. 496 4 3 Losses in Suspense .. .. .. .. 404 13 0 Interest accrued but not due on sales of land .. 63 0 0 Investment in Public Debt Redemption Fund .. 8,457 10 6 Revenue Account—Balance .. .. .. 79,865 10 10 Cash in Post Office .. .. .. .. 606 8 3 £ s. d. Cash in Public Account .. 7,751 15 8 Imprests outstanding .. .. 530 0 0 Investment Account .. .. 21,000 0 0 . 29,281 15 8 £921,803 10 10 £921,803 10 10 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. T hereby certify that the Receipts and Payments and 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 opinion of the Audit Office interest charged on works in progress should be capitalized. (2) A Bad Debts Reserve should be created. (3) Suggestions in reference to the treatment of expenditure on lands already handed over for settlement were made to the Department, but no action has yet been taken.—G. F. C. Campbell, Controller and Auditor-General.

7—B. 1 [PT. TV],

B.—l [PT. IV],

50

IMMIGRATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. £ s. d. To Administration expenses— £ s. d. £ s. d. By Cables prepaid .. .. .. 949 18 2 Salaries— Exchange . . .. .. . • 0 7 3 New Zealand .. .. .. 4,196 18 0 Profit on sale of blankets .. .. 2 8 6 London .. .. .. 5,200 0 0 Excess of expenditure over income, Temporary assistance .. .. 408 0 0 carried down .. .. .. 48,888 12 0 9,804 18 0 Office expenses .. .. .. 2,547 10 11 Supervision of domestics .. .. 2,277 3 10 Supervision of public-school boys .. 689 17 4 Rent .. .. .. .. 1,41.8 0 0 16,737 10 1 Grants, &c., to immigrants .. .. .. 479 9 7 Passage-money paid .. .. 77,862 4 2 Less contributions by— £ s. d. Immigrants .. 16,253 19 2 Imperial Government .. .. 30,598 10 0 46,852 9 2 31,009 15 0 Passage-money, undesirables .. .. .. 390 6 3 Cost of cables .. .. .. .. 1,055 13 2 Exchange .. .. .. .. .. 1 10 9 Depreciation .. .. .. .. .. 78 0 1 Loans of passage-money written off .. .. 77 2 10 Defalcations, R. P. Crawford .. .. .. 11 18 2 £49,841 5 11 £49,841 5 11 £ s. d. To Balance brought down .. .. .. .. 48,888 12 0 By Recoveries of expenditure Interest on capital .. .. .. .. 44 6 1 on account of previous years — £ s. d. £ s. d. New Zealand Government contributions .. 2,534 2 5 Passage-money, undesirables .'. .. 33 6 0 New Zealand Loan Account .. .. 10 0 Supervision Domestics Account .. .. 250 0 0 2,818 8 5 Excess of expenditure over income after charging interest .. .. 46,114 9 8 £48,932 18 1 £48,932 18 1 ===== - =& Note. —Interest at 4J per cent, on capital as at Ist April, 1928, has been included in the account although the Department possesses no parliamentary appropriation. Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. Capital liability to Treasury— £ s. d. £ s. d. Furniture and fittings .. .. 993 12 5 On account of fixed assets .. 984 11 2 Stock of stationery .. .. .. 188 6 5 On account of national develop- Official stamps .. .. .. 26 17 6 ment expenditure .. .. 3,279,905 3 4 Stock of blankets .. .. .. 117 6 3,280,889 14 6 Sundry debtors .. .. .. 35 0 0 Creditors — Loans of passage-money to immigrants .. 1,691 8 2 Departmental .. .. 59 19 1 Cash in Deposit AcSundry .. .. .. 686 15 1 Account— £ s. d. 746 14 2 Emigrants' deposits 157 15 0 Reserves — Remittances to immiDepreciations .. .. 496 0 3 grants .. .. 194 15 0 Bad debts .. .. .. 50 0 0 352 10 0 546 0 3 National Development Passage-money deposited on behalf of Account— immigrants .. .. .. 4,597 5 6 Immigration expendiCable fees paid in advance on behalf j ture to 31st March, of immigrants .. .. 4 5 0 1928 .. .. 3,279,905 3 4 Amounts deposited as gratuities for | Excess expenditure matrons, &c. .. .. .. 13 32 1 overincome, 4,614 13 8 1928-29 .. 46,114 9 8 Imperial Government — 3,326,019 13 0 Loans to immigrants recovered but not paid .. .. 228 13 11 Loans to immigrants recovered and held in Suspense - .. .. 10 0 Contributions of passage - money recovered but not paid .. 1,897 14 0 Contributions of passage - money recovered and held in Suspense 1,001 18 8 3,129 6 7 Recoveries on behalf of Commonwealth Migration Department (Australia) .. .. .. .. 31 5 0 Emigrants' deposits (amount deposited with High Commissioner for repayment in New Zealand .. .. 157 15 0 Remittance to immigrants (amounts deposited in New Zealand for payment in England) .. .. 194 15 0 Writings-off in Suspense (passage-money) .. .. 77 210 Treasury Adjustment Account .. .. .. 38,921 18 0 £3,329,309 5 0 £3,329,309 5 0 H. D. Thomson, Under-Secretary. 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.

51

B.—l [PT. IV].

DEPARTMENT OF INDUSTRIES AND COMMERCE. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 6,211 0 6 By Gas Regulations Account .. .. .. 355 11 10 Advertising, periodicals, newspapers, &c. .. 216 19 6 Balance carried down .. .. .. 31,627 17 9 Fuel, light, and office cleaning .. .. 87 8 0 Industrial exhibitions .. . . .. 130 15 2 Office requisites, printing and stationery .. 220 0 4 Postages, telephones, &c. .. .. .. 324 1 9 Rent of offices .. . . .. .. 892 10 0 Subsidies to steamer services .. .. 22,500 0 0 Travelling-expenses and allowances .. 618 7 3 Expenses Trade Representatives overseas .. 180 0 8 Railway passes, Trade Commissioners .. 236 5 7 General expenses .. .. .. 34 17 0 Depreciation .. .. .. .. 311 3 3 Losses in Suspense written off .. .. 20 0 7 £31,983 9 7 £31,983 9 7 £ s. d. £ s. d. To Balance brought down .. .. .. 31,627 17 9 By Recoveries on account of expenditure of previous Interest on capital .. .. .. 136 12 5 years: Royalties, New Zealand deer heads.. 0 4 2 Balance .. .. .. .. 31,764 6 0 £31,764 10 2 £31,764 10 2 Note.—The above account includes interest on capital and an assessed rental of office-heaters for which the Department possesses no parliamentary appropriation. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 3,035 19 11 Office furniture and fittings .. .. .. 1,526 14 3 Sundry creditors — £ s. d. Mechanical appliances (including gas-testing apDepartmental .. .. 152 6 8 paratus) .. .. .. .. .. 1,061 17 1 Other .. .. .. 148 1 9 Half-share refrigerating plant, London .. .. 270 13 8 ■ — 300 8 5 Exhibition material .. .. .. .. 445 1 10 Depreciation Reserve .. .. .. 1,434 12 8 Head Office library .. .. .. .. 140 0 6 Treasury Adjustment Account .. .. 30,595 17 3 Expenditure in advance .. .. .. 611 0 Writings-off in Suspense .. .. .. 20 0 7 Official stamps on hand .. .. .. 34 011 Sundry debtors .. .. .. .. 117 13 0 Income and Expenditure Account .. .. 31,764 6 0 Assets in Suspense .. .. .. .. 20 0 7 £35,386 18 10 £35,386 18 10 J. W. Collins, 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 note. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

52

DEPARTMENT OF INTERNAL AFFAIRS. HEAD OFFICE (INCLUDING SUBDIVISIONS I, 111, IV, X, XI, AND SPECIAL ACTS). Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. £ s. d. Departmental Administrative Charges. By British Nationality of Aliens Act .. .. 641 18 6 £ s. d. £ s. d. Passport fees .. .. .. .. 2,093 9 7 To Salaries .. .. .. 28,533 11 1 By-laws Act—Fees ... .. .. 9 9 0 Commissions of inquiry .. 875 8 0 Cinematograph films—Censorship .. .. 1,281 5 7 Fresh-water fisheries .. 3,877 15 1 Opossum royalty receipts .. .. .. 11,730 4 7 Opossums — Distribution of Land-agents'license fees .. .. .. 8,362 9 3 royalties, &c. .. .. 10,918 10 2 Sales —Miscellaneous .. .. .. 7 6 3 Postage .. .. .. 651 3 1 Revenue —Miscellaneous .. .. .. 4,827 8 4 Printing and stationery .. 1,938 19 4 Profit on sale of publications .. .. 78 12 1 Publications. .. .. 794 9 9 Totalizators —Inspection .. .. .. 1,981 16 2 Rent .. .. .. 4,260 11 9 Fire-hose—Profit on sale .. .. .. 107 11 7 Telephones .. .. 1,421 14 6 Balance carried down .. .. 306,699 18 8 Travelling-expenses of officers 1,707 17 3 Advertising New Zealand .. 35,880 2 I Entertaining visitors to New Zealand.. .. .. 6,504 12 10 Deer herds—Bonus for reduction .. .. .. 1,317 5 0 Totalizators —Inspection .. 2,004 4 0 Reuters telegrams—Cost .. 955 5 0 Turnbull Library—Expenses 795 3 8 War graves—Upkeep .. 4,999 12 9 Byrd Expedition — Cost of radio telegrams .. .. 2,292 3 6 Free issue of publications .. 4 5 2 Depreciation .. .. 1,908 7 6 Sundries .. .. .. 3,994 8 10 Losses in Suspense .. .. 81 15 2 — — 115,717 5 6 General Public Service Administrative Charges. Salaries .. .. .. 81,427 0 6 Fuel for Government offices .. 2,010 15 10 Light, power, and water .. 5,823 9 4 Printing and stationery for Ministers'offices .. .. 1,307 12 3 Travelling allowances and expenses of Ministers .. 7,384 14 8 Travelling allowances and expenses of Private Secretaries 4,251 4 2 Cleaning offices .. .. 2,324 0 3 New Zealand Gazette .. 5,450 4 4 Stores Control Board — Expenses .. .. .. 678 2 10 Ministerial telegraphic memoranda .. .. .. 4,224 0 0 Charges not allocated .. 2,388 14 7 Sundries .. .. .. 321 6 1 Losses in Suspense .. .. 3 17 6 117,595 2 4 Special Acts. Salaries .. .. .. 23,573 16 11 Appropriation Act, 1925, section 15 .. .. .. 30,750 0 0 Appropriation Act, 1926, section 15 .. .. .. 1,518 0 8 Fire Brigades Act, 1926 .. 3,787 5 7 59,629 3 2 Other Charges. Fire Brigades Association ■—- Grant and rail passes .. 2,361 5 6 Cost-of-living bonus .. 4,159 14 0 Royal visit to New Zealand .. 411 10 6 Grants .. .. .. 20,867 5 4 Ex gratia payments for injury.. 400 0 0 Grave of Right Hon. W. F. Massey at Point Halswell — Erection of memorial .. 2,132 12 4 Rail passes .. .. 1,815 5 0 Rugby Press telegrams—Cost 4,168 16 6 Subsidies .. .. .. 6,258 0 0 Sundries .. .. .. 2,215 9 5 Losses in Suspense .. .. 90 0 0 44,879 18 7 £337,821 9 7 £337,821 9 7 — — ■ £ s. d. £ s. d. By Recoveries on account of expenditure in To Balance brought down .. .. .. 306,699 18 8 previous years .. .. .. .. 356 2 6 Interest on capital .. .. 1,996 17 10 Balance.. .. .. .. .. 308,340 14 0 £308,696 16 6 £308,696 16 6

B.—l [PT. IV].

53

DEPARTMENT OF INTERNAL AFFAIRS —continued. SUBDIVISION lI—GOVERNMENT ACTUARY. Income and Expenditure Account foe the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. 4,284 7 4 By Contributions from other Departments .. 2,922 111 Rent .. .. .. .. .. 477 15 0 j Miscellaneous revenue .. .. .. 463 11 4 Sundries .. .. .. .. 104 19 8 Balance carried down .. .. .. 1,481 8 9 £4,867 2 0 | £4,867 2 0 £ s. d. £ s. d. To Balance brought down .. .. .. 1,481 8 9 By Balance .. .. .. .. .. 1,565 1 4 Interest on capital .. .. .. 28 13 8 Depreciation .. .. .. .. 54 18 11 £1,565 1 4 £1,565 1 4 SUBDIVISION V—REGISTRAR-GENERAL. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. To Salaries .. .. .. .. 11,941 2 2 By Registration and other fees — £ s. d. Registration of births, deaths, and marriages— Registration of births, deaths, and marriages 18,563 17 5 Payment to non-permanents .. .. 1,353 1 9 Dentists Act .. .. .. .. 28 0 0 Payment to Post Office .. .. .. 2,888 410 Sundry revenue .. .. .. .. 15 16 6 Postage .. .. .. .. 673 2 4 ; Balance carried down .. .. .. 1,103 17 9 Printing and stationery .. . . .. 886 3 4 Rent .. .. .. .. .. 1,431 16 9 Sundries .. .. .. .. 538 0 6 £19,711 11 8 £19,711 11 8 £ s. d. £ s. d. To Balance brought down .. .. .. 1,103 17 9 By Balance.. .. .. .. .. 1,398 2 8 Depreciation .. .. .. .. 186 11 9 Interest on capital .. . . .. 107 13 2 £1,398 2 8 £1,398 2 8 SUBDIVISION VI—CENSUS AND STATISTICS. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. I Income. To Salaries .. .. .. .. 19,169 0 7! By Sundry revenue— £ s. d. Census, 1926, cost of taking .. .. 626 18 6 Receipts from powers machines .. .. 2,610 9 5 Postage .. .. .. .. 1,052 9 5 Miscellaneous revenue .. .. .. 115 3 0 Printing and stationery .. .. .. 2,121 10 3 Balance carried down .. .. .. 34,464 9 9 Rent .. .. .. .. .. 1,376 0 0 Statistics —Collection .. .. .. 6,467 1 4 Free issue of publications .. .. .. 4,422 12 7 Loss on sale of publications .. .. 1,136 7 11 Sundries .. .. .. .. 818 1 7 £37,190 2 2 £37,190 2 2 £ s. d. £ s. d. To Balance brought down .. .. .. 34,464 9 9 By Balance .. .. .. .. .. 36,436 9 0 Depreciation .. .. .. .. 1,282 9 8 Interest on capital .. .. .. 689 9 7 £36,436 9 0 j £36,436 9 0

B.—l [PT. IV].

54

DEPARTMENT OF INTERNAL AFFAlRS—continued. SUBDIVISION VII—HIGH COMMISSIONER. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 37,432 12 0 By Sundry revenue— Advertising .. .. .. .. 295 17 5 Salaries .. .. .. .. 10,271 15 8 Fuel and light .. .. .. .. 1,103 12 6 Rent .. .. .. .. .. 8,825 3 3 House allowance, High Commissioner .. 1,166 13 4 Shipping charges .. .. .. 267 2 6 Office-cleaning .. .. .. .. 252 16 3 Miscellaneous revenue .. .. .. 923 6 4 Official entertainments .. .. .. 560 8 10 Balance carried down .. .. .. 38,624 15 9 Postage .. .. .. .. .. 1,997 7 9 Printing and stationery .. .. .. 676 1 2 Rent .. .. .. .. .. 9,633 16 10 Interest on unpaid purchase-money .. 3,100 0 0 Sundries .. .. .. .. 2,692 17 5 £58,912 3 6 £58,912 3 6 £ s. d. £ s. d. To Balance brought down .. .. .. 38,624 15 9 By Recoveries on account of expenditure in Depreciation .. .. .. .. 4,027 510 previous years .. .. .. .. 75 4 4 Interest on capital .. .. .. 4,089 15 6 Balance.. .. .. .. .. 46,666 12 9 £46,741 17 1 £46,741 17 1 SUBDIVISION VIII—MUSEUM. Tncome and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 2,772 3 7 By Sundry revenue .. .. .. .. 61 1 9 Rent .. .. .. .. 2,050 16 8 Profit on sale of publications .. .. 14 18 3 Free issue of publications .. .. .. 60 0 0 Balance carried down .. .. .. 5,669 15 7 Sundries .. .. .. .. .. 862 15 4 £5,745 15 7 £5,745 15 7 £ s. d. £ s. d. To Balance brought down .. .. .. 5,669 15 7 By Balance .. .. .. .. .. 6,422 19 8 Depreciation .. .. .. .. 243 14 7 Interest on capital .. .. .. 509 9 6 £6,422 19 8 £6,422 19 8 SUBDIVISION IX—EXPLOSIVES BRANCH. •Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 3,065 4 6 By Explosives license fees .. .. .. 4,957 17 10 Magazine expenses .. .. 1,484 5 9 Magazine revenue .. .. .. .. 1,86926 Rent .. .. .. .. . - 90 0 0 Explosives storage fees .. .. .. 2,222 8 0 Sundries .. .. .. .. .. 1,631 3 I Sundry revenue .. .. .. .. 10 2 0 Balance carried down .. .. .. 2,788 17 0 £9,059 10 4 £9,059 10 4 £ s. d. £ s. d. To Depreciation .. .. .. .. 437 3 8 By Balance brought down .. .. .. 2,788 17 0 Interest on capital .. .. .. 558 16 I Balance .. .. 1,792 17 3 £2,788 17 0 £2,788 17 0 Combined Income and Expenditure Account for the Year ended 31st March, 1929. (Including Subdivisions 1 to XI and Special Acts.) Expenditure. £ s. d. liieome. £ s. d. To Balances from separate accounts as under: — By Balances from separate accounts as under Head Office .. .. .. .. 308,340 14 0 Explosives Branch .. .. .. 1,792 17 3 Government Actuary .. .. .. 1,565 I 4 Balance .. .. .. .. 399,037 2 2 Registrar-General .. .. .. 1,398 2 8 Census and Statistics .. .. .. 36,436 9 0 High Commissioner .. .. .. 46,666 12 9 Museum .. .. .. .. 6,422 19 8 £400,829 19 5 £400,829 19 5 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Eenta assessed by the Public Works Department; (b) interest on capital at 4J per cent.; (c) for the value of electoral rolls supplied free of charge.

B.—l [PT. IV],

DEPARTMENT OF INTERNAL AFFAlRS—continued. Combined Balance-sheet as at 31st Makch, 1929. (Including Subdivisions I to XI and Special Acts.) Liabilities. £ s. d. Assets. Fixed capital as at Ist April, 1928 .. .. 356,767 6 3 Departmental assets, Head Office £ s. d. £ s. d. Creditors— £ s. d. and sub-Departments— Departmental .. .. 17,633 0 4 Land .. .. .. 12,633 10 6 Sundry .. .. .. 20,384 12 2 Buildings .. .. .. 168,532 11 11 — 1 38,017 12 6 Consumable stores .. .. 641 911 Payments in advance— Tools and utensils .. .. 309 .1 7 Loans .. .. .. 45 0 0 Motor-vehicle's .. .. 2,461 7 7 Subscriptions .. .. 294 16 6 Furniture and fittings .. 20,293 6 9 Rent .. .. .. 4 8 6 Mechanical appliances .. 16,138 0 7 344 5 0 Library .. .. . . 3,380 13 4 Unpaid purchase price of buildings, London .. 77,500 0 0 Saleable publications—Stock .. 9,850 16 10 Depreciation Reserve .. .. .. 34,031 9 5 Photographic apparatus .. 3,760 2 4 Amounts held on deposit— ■—— 238,001 1 4 Auctioneers'license fees .. .. .. 3,600 0 0 Census and Statistics—Payment in advance— Writings-off in Suspense— £ s. d. Printing publications .. .. .. 470 0 0 Furniture and fittings .. ..186 Loans on mortgage .. .. .. 6,649 111 Sundry debtors (stranded New - Zea- Debtors — £ s. d. landers) .. .. .. 81 15 2 Departmental .. .. 3,541 16 11 Sundry debtors (general) .. .. 317 6 Sundry .. .. .. 1,741 8 6 Loan on mortgage .. .. 90 0 0 Stranded New-Zealanders .. 1,369 14 7 177 1 2 6,653 0 0 Treasury Adjustment Account .. .. 285,639 6 2 Special departmental assets— Head Office— Turnbull Library building .. 9,292 4 5 Turnbull Library .. .. 57,100 5 10 Fish-hatchery .. .. 3,028 12 3 Wharves and beacons .. 295 0 0 Launches.. .. .. 305 3 4 Traps and horses .. .. 7 0 0 70,028 5 10 High Commissioner — Motor accessories .. .. 10 0 0 Lease of building .. .. 20,425 0 0 ■ 20,435 0 0 Museum—Exhibits .. .. 54,438 7 4 Explosives Branch —Explosives appliances .. 188 0 9 Losses in Suspense .. .. .. .. 177 1 2 Excess of expenditure over income .. .. 399,037 2 2 £796,077 0 6 £796,077 0 6 G. P. Newton, Under-Secretary. F. B. Dwyer, Acting Accountant. I hereby certify that 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. —G. F. C. Campbell, Controller and Auditor-General.

55

B.—l [PT. IV],

56

JUSTICE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Courts and General. Expenditure. £ s. d. Income. £ s. d. To Salaries — By Supreme Court revenue . .. .. 52,620 3 0 Judges .. .. .. .. 17,104 17 2 Magistrates'and Wardens' Court revenue .. 118,908 311 Magistrates .. .. .. .. 27,105 12 11 Land-agents license fees .. .. .. 929 3 3 Staff .. .. .. .. .. 69,000 15 2 License fees re King's Counsel .. .. 2 2 0 Travelling allowances and expenses .. .. 10,226 14 3 Fees re Shorthand Reporters Act, 1908 .. 14 14 0 Transfer and removal expenses .. .. 1,036 19 1 Assessed rent, Patent Office and Bankruptcy.. 761 0 0 Advertising, purchase of newspapers, &c. .. 94 611 Territorial revenue .. .. .. 8 8 8 Fuel, light, &c. .. .. .. .. 3,162 5 6 Estreated recognizances .. .. .. 270 0 0 Postage, telegrams, and rent of boxes .. 2,341 19 11 Printing and stationery .. .. .. 4,334 0 0 Rents .. .. .. .. .. 984 0 4 Typewriter repairs .. .. .. 96 11 4 Telephones .. .. .. .. 2,155 18 6 Courthouse cleaning .. .. .. 1,925 15 1 Commission on money-orders .. .. 86 7 6 Costs of inquests .. .. .. .. 3,736 18 9 Proportion cost of administering licensing laws in districts where the Counties Act is not in operation .. .. .. .. 237 Criminal prosecutions .. .. .. 10,227 8 7 Expenses Circuit Courts .. .. .. 155 17 5 Expenses under .Turies Act, 1908 .. .. 255 12 4 Expenses under Reformatory Institutions Act, 1909 .. .. .. .. .. 2,133 11 9 Expenses under Shorthand Reporters Act, 1908 22 1 0 Subsidy, Chatham Islands steamer service .. 125 0 0 Special grants .. .. .. .. 3,521 13 4 Sundry expenses .. .. . . . . 6 10 Writings off Suspense Account . . . . 248 19 5 Depreciation .. .. .. . . 8,990 6 9 Repairs and maintenance .. .. .. 3,126 14 6 Balance, being excess income over expenditure 1,305 2 9 £173,513 14 10 £173,513 14 10 £ s. d. £ s. d. To Interest on capital .. .. .. 22,238 0 4 By Balance, being excess income over expenditure before charging interest .. .. .. 1,305 2 9 Balance, being excess expenditure over income 20,932 17 7 £22,238 0 4 £22,238 0 4 Patent Office. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 4,080 18 11 By Revenue .. .. .. .. 13,259 11 1 Advertising .. . . . . .. 40 4 0 Expenses re Copyrights Conference, Rome .. 294 1 1 Fuel, light, &e. .. .. .. . . 83 9 8 Postage, telegrams, telephones, &c. .. . . 73 4 2 Printing and stationery .. .. .. 1,512 17 11 Typewriter repairs .. . . . . 112 2 Sundry expenses .. .. .. .. 5 4 5 Assessed rent .. .. . . . . 650 0 0 Depreciation .. .. . . . . 86 3 5 Interest .. .. . • .. 274 16 7 Balance, being excess income over expenditure 6,156 18 9 £13,259 11 1 £13,259 11 1 Bankruptcy. £ s. d. £ s. d. To Salaries .. .. .. .. .. 6,029 3 3 By Revenue .. .. .. .. 12,581 2 3 Advertising .. .. .. .. 390 10 8 Fuel, light, &c. .. .. .. .. 75 8 6 Law-costs .. .. . . .. 28 7 0 Postage, telegrams, telephones, &o. .. .. 440 2 2 Printing and stationery .. .. .. 260 12 3 Remuneration to Deputy Assignees .. .. 3,110 11 8 Rent .. .. .. i. .. 738 7 0 Transfer and removal expenses .. .. 42 17 4 Travelling allowances and expenses .. .. 64 1 1 Sundry expenses .. .. .. .. 16 16 4 Depreciation .. .. .. .. 67 5 9 Interest .. .. .. .. .. 39 9 8 Balance, being excess income over expenditure 1,277 9 7 £12,581 2 3 £12,581 2 3

57

B.—l [PT. IV],

JUSTICE DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Liabilities. A ssets. £ s. d. £ s. d. £ s. d. Capital .. .. .. .. 501,162 18 10 Buildings and sites .. .. 455,025 5 6 Creditors— £ s. d. Additional .. .. .. 6,110811 Sundry .. .. .. 2,562 910 :— 461,135 14 5 Departmental .. .. 5,562 5 4 Patent Office library .. .. .. 5,000 0 0 8,124 15 2 Office furniture and fittings .. 37,549 13 4 Depreciation reserve .. .. .. 62,039 5 9 Additional .. .. .. 2,068 7 5 39,618 0 9 Less writings off Suspense Account 98 6 5 39,519 14 4 Mechanical appliances .. .. 3,588 0 0 Additional .. .. .. 220 6 6 3,808 6 6 Less writings off Suspense Account 13 2 0 ■ 3,795 4 6 Debtors — Sundry .. . . .. 244 5 11 Departmental .. .. 153 8 9 397 14 8 Less writings off Suspense Account 137 11 0 260 3 8 Expenses paid in advance .. .. 518 4 7 Treasury Adjustment Account .. .. 47,599 9 0 Excess expenditure over income .. .. 13,498 9 3 £571,326 19 9 £571,326 19 9 Note. —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 4 J per cent, on capital as at Ist April, 1928 ; (c) the cost of erection and maintenance of buildings are appropriated in votes under the control of the Public Worl;s Department. R. P. Ward, Under-Secretary. 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. —J. H. Fowler, Deputy Controller and Auditor-General.

B—b. i tpt. rvi.

B1 [PT. IV],

DEPARTMENT OF LABOUR. Income and Expendituee Account foe the Yeae ended 31st March,^l929. Expenditure. £ s. d. Income. . £ s - d ' To Salaries, agents'allowances, and overtime .. 42,723 6 1 By Penalties imposed by the Court m action Travelling allowances and expenses .. 7,215 8 0 brought for breaches of awards and certain Motor-car, motor-cycle, and bicycles mainten- sections of the Industrial Conciliation anc ance and repairs .. .. .. 767 10 1 Arbitration Act, 1925, and the Apprentices Fees payable to assessors on Conciliation Act, 1923 . . . • • ■ • ■ •; Councils " .. .. .. .. 1,195 10 2 Sale of departmental publications .. .. 20/ o z Advertising, supply of newspapers, &c. .. 209 811 Factory registration fees .. .. •• . !A k n Freight, cartage, and transport charges .. 11l 4 0 Servants registry-offices licenses fees . • J Beating and lighting of offices .. .. 254 17 11 Weights and measures verification fees .. 7,808 J.I 6 Law-costs .. . . .. . . 24 5 10 Sale of scales, &c., seized under Weights and Postage, telegrams, telephone services, &c. 1,854 8 11 Measures Act .. ■■ •• .. Printing, stationery, office requisites, and type- Rent of buildings •. • • writer repairs .. .. .. .. 2,422 8 8 Excess of expenditure over income before Rent and rates on office accommodation .. 4,170 410 charging interest, carried down .. Commission on sale of publications .. .. 31 19 10 Rates on property .. .. .. 12 1 3 Miscellaneous expenses .. . . .. 19 19 6 Expenses in connection with National Industrial Conference .. .. .. .. 3,167 19 5 Losses on realization of property .. .. 89 19 9 Provision for depreciation of assets .. . . 1,032 19 1 Bad debts .. .. .. .. 27 17 0 £65,331 9 3 • £65,331 3 To Excess of expenditure over income before £ s. d. o*7 charging interest brought down .. .. 52,660 3 4 By Excess of expenditure over income .. .. 03,310 6 Interest on capital .. .. .. 656 0 3 £53,316 3 7 £53,316 3 7 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value assessed by Public Works Department; (6) interest at 4J per cent, on capital as at Ist April, 1928. Balance-sheet as at 31st Maech, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital .. . . .. .. .. 14,578 2 5 Land and buildings . . .. ■ • 920 0 0 Creditors — £ s. d. Motor-cars, motor-cycles, and bicycles 2,448 18 2 Departmental .. .. 1,043 16 4 Additions .. .. 211 3 3 Sundry .. .. .. 1,021 10 6 2,065 6 10 2,660 1 5 Reserves —• Sold and destroyed .. .. 540 12 6 Depreciation .. .. .. 5,964 0 4 2,119 811 Bad debts .. .. .. 257 10 10 Furniture and fittings .. .. 5,830 1 5 6,221 11 2 Additions .. .. .. 1,216 8 3 Amounts held on deposit .. .. .. 244 3 0 Writings off Suspense Account .. .. .. 282 17 10 7,046 9 8 Treasury Adjustment Account .. .. .. 48,420 7 9 Sold and destroyed .. .. 164 15 9 I 6,881 13 11 ! Mechanical office appliances .. 776 2 3 Additions .. . . • ■ 49 1 3 825 3 6 Sold and destroyed . . . . 78 3 0 747 0 6 Library books .. .. .. 1,231 12 7 Additions .. . . . . 9 10 1,240 13 7 Sold and destroyed .. . . 17 0 1,239 6 7 Weights and measures standards .. 3,371 8 0 Additions .. .. 1,052 2 1 4,423 10 I Sold and destroyed .. .. 43 9 5 4,380 0 8 Stationery .. .. . . .. .. 349 14 5 Stamps .. .. . . .. .. 99 5 7 Payments in advance .. .. .. . . 337 7 6 Debtors— £ s. d. Departmental .. .. 288 0 3 Sundry .. .. .. 607 3 9 895 4 0 Assets in Suspense .. .. .. .. 282 17 10 Cash in Deposit Account . . .. .. 244 3 0 Cash in hand .. . . .. . . 0 2 6 : Excess of expenditure over income .. .. 53,316 3 7 £71,812 9 0 £71,812 9 0 . W. Rowley, Secretary of Labour. I hereby certify that tie 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.

58

B.—l [PT. iVI.

59

LAND ASSURANCE FUND. Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d To Accumulated fund as at 31st March, 1928 .. 82,866 ]7 7 By Expenditure under Land Transfer Aet, 1915— Levy under section 185, Land Transfer Act, Claims admitted under section ]88 .. 312 2 6 1915 .. .. .. .. .. 6 5 4 Costs incurred under section 190 (4) .. 2 2 0 Fees under section 4, Mortgagees Indemnity Appropriation under section 18, Finance Act, (Workers' Charges) Act, 1927 .. .. 3,591 14 0 1924, for expenses of compulsory registration Interest on investments .. .. .. 3,340 15 4 of titles .. .. .. .. 3,000 0 0 Accumulated fund as at 31st March, 1929 ~ 86,491 7 9 £89.805 12 3 £89,805 12 3 Balance-sheet as at 31st March,|l929. Liabilities. £ s. d. ' Assets. £ s. d. Accumulated fund as at 31st March, 1929 .. 86,491 7 9 Investments .. .. .. .. 68,600 0 0 Interest accrued on investments .. .. 602 5 10 Interest due and unpaid on investments .. 54 15 11 Cash in Public Account .. .. .. 17,234 6 0 £86,491 7 9 £86,491 7 9 A. D. Park, F.1.A.N.Z., F.R.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.— G. F. C. Campbell, Controller and Auditor-General.

B.—l [FT. IV].

60

LAND AND DEEDS DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Advertising .. .. .. .. 563 15 11 By General fees .. .. .. .. 85,253 2 9 Draughting-work .. .. .. 16,080 19 4 Compulsory title fees .. .. .. 6,720 0 0 Office supplies .. .. .. .. 1,632 8 5 Income-tax registration .. .. .. 308 16 1 Travelling and transfer expenses .. .. 292 6 5 Land Assurance Fund .. .. .. 3,000 0 0 Office-cleaning .. .. .. .. 65 11 10 Recoveries on account of expenditure previous Binding .. .. .. .. 462 17 0 years .. .. .. .. • • 44 6 6 Salaries.. .. .. .. .. 45,072 7 4 Postage and telephones .. .. . . 709 14 4 Fuel and light .. .. .. .. 301 11 1 Freight and cartage .. .. .. 3 9 11 Relieving-allowances .. .. .. 75 16 4 Rent .. .. .. .. .. 8,297 4 0 Loss on equipment disposed of .. .. 38 9 0 Allowance to widow of F. D. Morris (deceased) 49 0 9 Depreciation .. .. .. .. 1,370 3 6 Balance.. .. .. .. .. 20,310 10 2 £95,326 5 4 £95,326 5 4 £ s. d. £ s. d. To Interest on capital .. .. .. 817 1 3 By Balance brought down .. .. .. 20,310 10 2 Excess of income over expenditure for year ended 31st March, 1929 .. .. .. 19,493 811 £20,310 10 2 £20,310 10 2 Notes.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value as assessed by Public Works Department; (6) interest at 4| per cent, on capital as at Ist April, 1928. Depreciation has been allowed for on balance of assets as at Ist April, 1928, the total charge being carried to Depreciation Reserve. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. d Capital as at Ist April, 1928 .. .. .. 18,156 18 4 Furniture .. .. .. 15,954 19 8 Creditors (departmental)— £ s. d. Additions during year .. 815 14 5 Printing and Stationery Department 138 5 6 Post and Telegraph Department .. 9 1 7 16,770 14 1 Public Works Department . . 9 0 8 Less disposals— £ s. d. 156 7 9 Transferred .. 5 12 0 Creditors (sundry) .. .. .. .. 367 811 Discarded .. 33 12 0 Depreciation Reserve .. .. .. 7,01718 39 4 0 Writing of! Suspense Account .. .. 38 9 0 16,731 10 1 Excess of income over expenditure for year ended Mechanical appliances .. .. 1,735 9 8 31st March, 1929 .. .. .. .. 19,493 8 11 Additions during year .. 156 5 0 1,891 14 8 Less disposals £ s. d. Transferred .. 17 10 0 Discarded .. 33 0 0 50 10 0 1,841 4 8 Library .. .. . . .. .. 466 9 0 Debtors (Defence Department) .. . . 14 0 Treasury Adjustment Account .. .. 26,189 6 10 £45,229 14 7 £45,229 14 7 C. E. N alder, Secretary for Land and Deeds. 1 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.

61

B.—l [PT. IV].

LAND AND INCOME TAX DEPARTMENT. Income and Expenditure Account fob the Year ended 31st March, 1929. Expenditure. £ s. d. £ s. d. Income. £ s. d. lo Advertising books, &c. .. .. .. 571 13 9 By Land-tax Account .. .. 1,120,757 6 7 Gas and lighting .. .. .. 17 0 6 Income-tax Account .. 3,288,669 2 4 Law-costs .. . . .. .. 386 5 8 Interest and dividends .. 357 510 Office requisities (including printing and stationery).. .. .. .. 2,856 8 4 Postage and telegrams ~ .. 2,059 11 8 Kent .. .. .. .. 2,269 15 0 Repairs and renewals .. . . 290 11 9 Salaries .. .. .. .. 40,230 6 6 Services rendered by other Departments— Customs Department, collecting deposits 200 0 0 Post and Telegraph Department, receiving payment of tax .. .. 1,799 1 6 Public Works Department, cleaning and removal of rubbish .. .. 9 12 3 Telephone services .. .. .. 158 3 0 Travelling allowances and expenses .. 1,467 4 1 Valuation Department (contributions to).. 13,718 2 5 Sundry items of expenditure .. .. 317 3 Permanent charges (special Acts) —Payment of interest under section 134, Land and Income Tax Act, 1923 .. .. 4,787 II 10 70,825 5 6 Depreciation on office furniture, fittings, mechanical appliances and library .. .. .. .. 475 14 7 Balance carried down .. .. .. .. 4,338,482 14 8 £4,409,783 14 9 £4,409,783 14 9 £ s. d. £ s . d. To Interest on capital .. .. .. .. 291 7 6 By Balance brought down .. 4,338,482 14 8 Excess of revenue over expenditure .. .. 4,338,233 17 2 Recoveries on account of expenditure of previous years 42 10 0 £4,338,525 4 8 £4,338,525 4 8 (Percentage cost of collection, 1*515 per cent.) Note. —The above accounts include assessed rent (£2,217), and interest on capital for which parliamentary appropriation has not been obtained. Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Capital .. .. .. .. 6,474 19 3 Office furniture and fittings .. 4,369 0 0 Departmental creditors— £ s. d. Additions during year .. 21 7 2 Post and Telegraph Department 984 12 8 4,390 7 2 Printing and Stationery Depart- Office appliances .. .. 1,850 18 6 ment .. .. .. 695 310 Additions during year . . 46 8 0 Public Works Department .. 15 7 2 1,897 6 6 Tourist Department .. 3 7 6 Library .. .. .. 255 0 9 Valuation Department .. 13,718 2 5 Additions during year .. 10 11 9 15,416 13 7 — 265 12 6 Sundry creditors — ——-—■ Outstanding expenses .. 198 6 8 6,553 6 2 Land-tax* .. . . 2,256 8 7 Forms and stationery .. .. 1,034 11 11 Income-tax* .. .. 8,310 7 9 Official stamps .. .. .. 6 2 7 ■ 10,765 3 0 Sundry debtors— Depreciation Reserve .. .. .. 3,702 18 6 Land-tax .. 82,705 8 9 Suspense Account, for default assessments, &c. 150,000 0 0 Income-tax .. .. 270,723 10 8 Excess of revenue over expenditure .. 4,338,233 17 2 Law-costs .. .. 380 7 6 • 353,809 6 11 Cash in Post Office, 31st March, 1929— Land-tax . . .. 8,439 10 6 Income-tax .. .. 1,285 18 7 —— 9,725 9 1 Treasury Adjustment Account .. 4,153,464 14 10 £4,524,593 11 6 £4,524,593 11 6 * Includes amounts paid in advance and overpayments subject to adjustment. Contingent liabilities in respect of bills discounted by Bank of New Zealand, £7,178 2s. 2d. E. J. R. Gumming, F.1.A.N.Z., 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. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

62

LAND FOR SETTLEMENTS ACCOUNT (DISCHARGED SOLDIERS SETTLEMENT ACCOUNT). Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ a. d. To Administration expenses .. .. 2,005 11 3 By Accrued rents, &c. .. .. .. 80,258 15 8 Depreciation in land-values .. .. 21,785 3 10 Accrued royalties .. .. .. 8 10 Improvements to settlements (vote "Ex- Interest on sales.. .. .. •• 1,010 4 6 penses") .. .. .. 1,268 8 2 Interest on investments .. .. .. 1,119122 Interest on loans .. .. .. 79,242 1 7 Interest allowed on sinking-fund contributions 1,301 6 1 Irrecoverable rents, &c. .. .. 5,305 7 7 Balance carried down .. .. .. 38,191 10 11 Losses under Deteriorated Lands Act, 1925— £ s. d. Remissions of rent .. 609 14 10 Rents written off .. 932 12 10 1,542 7 8 Losses consequent upon determinations of Dominion Revaluation Board — Remissions of rent .. 1,522 17 4 Rents written off .. 666 8 10 2,189 6 2 Rebates .. .. .. .. 5,786 0 9 Remissions of rent .. .. .. 2,765 3 4 £121,889 10 4 £121,889 10 4 £ s. d. To Balance brought down .. .. 38,191 10 11 By Accumulated revenue loss written off under £ s. d. Balance from previous year .. .. 223,797 6 8 section 22, Finance Act, 1927 (No. 2) .. 223,797 6 8 Adjustment on account of previous years 5,401 4 0 Balance carried forward .. .. .. 43,592 14 11 £267,390 1 7 £267,390 1 7 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital Account — £ s. d. £ s. d. Estates— £ s. d. £ s. d. Debenture Account .. 3,077,050 0 0 Leased .. .. 1,693,436 0 10 Crown lands in estates ... 1,712 0 0 Unleased .. .. 31,377 2 3 — 1,724,813 3 1 3,078,762 0 0 Unpaid purchase price (not Less capital reductions yet payable)— under section 22, Finance Land .. .. .. 18,61516 0 Act, 1927 (No. 2) .. 1,138,600 0 0 Buildings .. .. 66,593 13 0 — 1,940,162 0 0 85,209 9 0 Sundry creditors — Sundry debtors— Interest accrued but not Rents .. .. 24,009 2 2 due on loans .. 10,641 2 7 Less reserve for irreMiscellaneous .. .. 515 6 4 coverable rents .. 1,500 0 0 11,156 8 11 Payments in advance — 22,509 2 2 Rents .. .. 1,373 12 1 Principal instalments on Principal instalments on buildings .. .. 919 011 buildings .. .. 48 14 5 Principal instalments on Principal instalments on sales of land .. .. 329 3 8 sales of land .. .. 306 15 4 Interest on sales of land 298 19 2 — 1,729 110 | Interest on purchase price Rents charged in advance .. .. .. 19,583 12 4 ■ Mataikona Estate .. 22,787 8 8 Writings-off in Suspense .. .. .. 5,156 18 0 j Consolidated Fund for Accumulated losses written off under Section 22, overpaid interest .. 129 8 6 Finance Act, 1927 (No. 2) — | Miscellaneous .. .. 22 15 6 Remissions of interest due £ s. d. j . — 46,995 18 7 to Consolidated Fund .. 547,857 7 10 Postponements outstanding— Reduction of Capital Ac- Rent .. .. .. 37,130 17 5 count .. .. 1,138,600 0 0 Principal instalments on Reserve Account .. 117,891 8 1 buildings .. .. 713 17 7 Interest on sales .. 64 11 5 As per contra .. .. .. 1,804,348 15 11 — 37,909 6 5 Reserve .. . • 150,014 7 1 Interest accrued but not due on sales of land 272 15 4 Losses in Suspense .. .. .. 5,156 18 0 Less written off — Revenue Account.. .. .. .. 43,592 14 11 Adjustments of land- Accumulated losses written off under Section 22, values .. .. 27,927 10 9 Finance Act, 1927 (No. 2) — Dominion Board reduc- Revenue Account— £ s. d. tions —land and build- Loss to 31st March, 1928 363,149 3 9 ings .. 18,419 9 9 Reserve for unascertained Sundry adjustments .. 243 15 9 loss .. .. 150,000 0 0 Depreciation in land- Depreciation in landvalues .. .. 103,423 10 10 values .. .. 175,906 8 5 Revaluation Board re--150,014 7 1 ductions .. .. 1,115,293 3 9 As per contra .. .. 1,804,348 15 11 Investment in Public Debt Redemption Fund 33,833 19 0 Cash in Public Account .. .. .. 3 16 9 £3,782,136 17 0 £3,782,136 17 0 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 comment is appended : In the opinion of the Audit Office the loss on the Mataikona Settlement, £46,277 9s. 9d., should be separately shown in the accounts.—G. F. C. Campbell, Controller and Auditor-General.

B.—l TPT. IV!

63

LANDS AND SURVEY DEPARTMENT. AUCKLAND MUSEUM ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. Payments. To Balance—Cash in Local Bodies' Deposit By Payments to Auckland Museum trustees Account of the Receivers of Land under section 4, Auckland Museum Revenue at North Auckland and Endowment Act, .1882 —• £ s. d. £ s. d. Auckland on Ist April, 1928 — £ s. d. £ s. d. On account sales .. .. 220 14 2 On account sales of land .. 200 13 3 On account rents, &c. .. 79 10 11 On account rents, &c. .. .. 43 3 2 —— 300 5 1 243 16 5 Administration expenses .. .. .. 414 2 Sundry debtors for principal on sales .. .. 20 0 11 Balance —Cash in Local Bodies' Deposit Sundry debtors for rents .. . . .. 56 2 0 Account of the Receiver of Land Sundry debtors for interest on sales . . . . 11 15 8 Revenue, North Auckland, on 31st March, 1929 .. .. . . .. 26 15 9 £331 15 0 " £331 15 0 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Administration expenses .. .. .. 311 10 By Balance brought forward from previous year .. 58 3 0 Payments to Auckland Museum trustees of rents j Accrued rents and interest .. .. .. 58 13 3 and interest as per section 4, Auckland Museum Endowment Act, 1882 .. .. .. 79 10 11 j Balance carried forward .. .. .. 33 13 6 j £116 16 3 £116 16 3 * Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Auckland Museum trustees—Value of land endowed Land .. .. .. .. .. 1,177 12 6 under Auckland Museum Endowment Act, 1882 10,000 0 0 Sundry debtors for sales of land (not yet payable) . . 219 1 1 Less payments to trustees in respect of sales of Sundry debtors for rent .. .. .. 6 9 5 land .. .. .. .. .. 8,518 10 3 Sundry debtors, Public Account .. .. 84 16 2 Interest accrued but not due .. .. .. 2 17 7 1,481 9 9 Cash in Local Bodies' Deposit Account of the ReConsolidated Fund, for administration expenses .. 16 9 ceiver of Land Revenue, North Auckland, on 31st Rents charged in advance .. .. .. 12 6 March, 1929 .. .. .. .. 26 15 9 Revenue Acoount .. .. .. 33 13 6 £1,517 12 6 £1,517 12 6 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—Gr. F. C. Campbell, Controller and Auditor-General.

B. -1 [Pt. IV].

64

LANDS AND SURVEY DEPARTMENT —continued. BLUFF HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. Payments. To Balance in Local Bodies' Deposit Account of £ s. d. By Administration expenses paid to Consolidated £ s. d. Receiver of Land Revenue, Invercargill, on Fund under section 4, Land Laws Amend--Ist April, 1928 .. .. .. 545 14 10 ment Act, 1927 .. .. .. 74 13 1 Rents .. .. .. .. .. 1,623 2 2 Payments to Bluff Harbour Board under section 132, Harbour Act, 1923 .. .. 1,400 18 7 Balance in Local Bodies' Deposit Account of Receiver of Land Revenue, Invercargill, on * 31st March, 1929 .. .. .. 693 5 4 £2,168 17 0 £2,168 17 0 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Administration expenses due to Consolidated By Accrued rents .. .. .. .. 1,279 6 2 Fund under section 4, Land Laws Amend- Balance forward from previous year .. 343 13 11 ment Act, 1927 .. .. .. 81 3 2 Amount due to Bluff Harbour Board under section 132, Harbours Act, 1923 .. .. 1,400 18 7 Balance carried forward .. .. .. 140 18 4 £1,623 0 1 £1,623 0 1 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 30,028 16 9 Leased land .. .. .. .. 30,028 16 9 Sundry creditors for administration expenses .. 34 13 4 Sundry debtors for rent .. .. .. 12 10 0 Rents charged in advance .. .. .. 530 3 8 Cash in Local Bodies' Deposit Account of Receiver Revenue Account .. .. .. .. 140 18 4 of Land Revenue, Invercargill .. .. 693 5 4 £30,734 12 1 £30,734 12 1 •T. P. Thompson, Under-Secretary for Lands. 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. —G. F, C, Campbell, Controller and Audi tor-General.

B.—l [PT. IV].

65

LANDS AND SURVEY DEPARTMENT—continued. CLUTHA RIVER TRUST ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1929. Receipts. £ s. el. Payments. £ s. d. To Rents .. .. .. .. 1,233 19 2 By Amount paid to trustees of Clutha River Trust under section 128, River Boards Act, 1908 .. 1,172 5 2 Administration expenses paid to Consolidated Fund under section 4, Land Laws Amendment Act, 1927 .. .. .. .. 61 4 0 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Dunedin .. .. 0 10 0 £1,233 19 2 £1,233 19 2 Revenue Account for the Year ended 31st March, 1929. Dr. £ S. d. Cr. £ s. d. To Amount paid to trustees of Clutha River Trust By Balance brought forward from previous year.. 26 18 7 under section 128, River Boards Act, 1908 .. 1,172 5 2 Accrued rent .. .. .. .. 1,234 3 9 Administration expenses payable to Consolidated Fund under section 4, Land Laws Amendment Act, 1927 .. .. .. .. 61 14 0 Balance carried forward .. .. .. 27 3 2 £1,261 2 4 £1,261 2 4 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 28,143 10 10 Endowment lands .. .. .. .. 28,143 10 10 Administration expenses payable to Consolidated Sundry debtors for rent .. .. .. 542 14 2 Fund .. .. .. .. .. 010 0 Cash in Local Bodies' Deposit Account of Receiver Rents charged in advance .. .. .. 515 11 0 of Land Revenue, Dunedin .. .. .. 0 10 0 Revenue Account—Balance carried forward .. 27 3 2 £28,686 15 0 £28,686 15 0 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

9~8. 1 [PT. IV!

b.—i tpt. ivi.

66

LANDS AND SURVEY DEPARTMENT —continued. GERALDINE COUNTY RIVER DISTRICT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. To Rents .. .. .. .. .. 234 12 4 By Amount paid to Geraldine County River Board £ s. d. under Geraldine County River District Act, 1921-22 .. .. •• •• .. 212 10 7 Amount paid to Consolidated Fund on account of administration expenses under section 4, Land Laws Amendment Act, 1927 .. .. 11 3 9 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Christchurch, at 31st March, 1929 10 18 0 £234 12 4 £234 12 4 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Balance carried forward from previous year .. 72 8 9 By Accrued rent .. .. .. .. 231 7 8 Payments to Geraldine County River Board under Balance carried forward .. .. .. 65 6 4 section 7, Geraldine County River Districts Act, 1921-22 .. .. .. .. .. 212 10 7 Administration expenses payable to Consolidated Eund under section 4, Land Laws Amendment Act, 1927.. .. .. .. .. 11 14 8 £296 14 0 £296 14 0 4 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Asset?. Capital .. .. .. .. .. 4,695 16 8 £ s. d. £ s. d. Sundry creditors for administration expenses .. 010 11 Land .. .. .. 4,580 16 8 Sundry creditors for rents paid in advance .. 310 0 Unleased land .. .. 115 0 0 Rents charged in advance .. .. .. 77 19 5 4,695 16 8 Sundry debtors for rent .. .. .. 5 16 0 Revenue Account—Balance carried forward .. 65 6 4 Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Christchurch .. 10 18 0 £4,777 17 0 £4,777 17 0 ■T. 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.-—G. F. C, Campbell, Controller and Auditor-General.

67

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. GORE HIGH SCHOOL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance in Local Bodies' Deposit Bank Account of By. Administration expenses paid to Consolidated Fund , Receiver of Land Revenue, Invereargill, on Ist under section 4, Land Laws Amendment Act, 1927- 112 6 April, 1928 .. .. 29 5 0 Payment to Board of Governors of Gore High School Rents .. .. .. .. 65 0 0 under section 89, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919.. 91 0 0 Balance in Local Bodies' Deposit Bank Account of Receiver of Land Revenue, Invereargill, on 31st March, 1929 .. .. .. .. 1 12 6 £94 5 0 £94 5 0 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Administration expenses due to Consolidated Fund By Balance brought forward from previous year .. 13 0 0 under section 4, Land Laws Amendment Act, 1927 3 5 0 Accrued rent.. .. .. .. 65 0 0 Amount paid to Board of Governors of Gore High Balance carried forward .. .. ..1650 School under section 89, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1919 910 0 £94 5 0 £94 5 0 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 1,300 0 0 Land .. .. .. .. • • 1,300 0 0 Sundry creditors —Administration expenses .. 112 6 Revenue Account —Balance carried forward .. 16 5 0 Rents.charged in advance .. .. .. 16 5 0 Cash in Local Bodies' Deposit Bank Account of Receiver of Land Revenue, Invereargill .. I 12 6 £1,317 17 6 £1,317 17 6 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 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. IV].

68

LANDS AND SURVEY DEPARTMENT—continued. GREYMOUTH TECHNICAL AND HOKITIKA HIGH SCHOOLS ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. Payments. To Balance, Ist April, 1928 —Cash in Treasury Deposit £ s. d. By Administration expenses (section 4, Land Laws £ s. d. Account .. .. .. .. .. 53 18 6 Amendment Act, 1927) .. .. .. 20 810 Rents .. .. .. .. .. 139 6 3 Payment to Greymouth Technical School (secRoyalties .. .. .. .. .. 271 11 0 tion 49, Reserves, &c„ Act, 1925) .. .. 183 18 0 Payment to Hokitika High School (section 15, Hokitika High School Act, 1883) .. .. 183 18 1 Balance —Cash in Treasury Deposit Account, 31st March, 1929 .. .. .. .. 76 10 10 £464 15 9 £464 IB 9 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Administration expenses (section 4, Land Laws By Balance brought down from previous year .. 312 11 3 Amendment Act, 1927) .. .. .. 20 10 10 Accrued royalties .. .. .. .. 75 9 9 Payment to Hokitika High School (section 15, Accrued rents .. .. .. .. 107 0 0 Hokitika High School Act, 1883) .. .. 183 18 1 Payment to Greymouth Technical School (section 49, Reserves, &c., Act, 1925) .. .. 183 18 0 Balance brought down .. .. .. 106 14 1 £495 1 0 £495 I 0 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Capital .. .. ... .. .. 4,892 0 0 Land— £ s. d. £ s. d. Sundry creditors for— Leased .. .. .. 2,520 0 0 Rents paid in advance .. .. .. 6 12 6 Unleased .. .. .. 2,372 0 0 Miscellaneous .. .. .. .. 3411 — 4,892 0 0 Rents charged in advance .. .. .. 50 0 0 Sundry debtors for rent .. .. .. 11 17 9 Revenue Account —Balance carried forward .. 106 14 1 Sundry debtors for royalties .. .. .. 78 211 Cash Treasury Deposit Account as at 31st March, 1929 .. .. .. .. .. 76 10 10 £5,058 11 6 £5,058 11 6 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

B.—l [Pt. IV].

69

LANDS AND SURVEY DEPARTMENT—continued. HUNTER SOLDIERS ASSISTANCE TRUST ACCOUNT. Receipts and Payments Account fob thf Year ended 31st March, 1929. Receipts. Payments. £ s. d. L'o Balance at Ist April, 1928 — £ s. d. £ s. d. By Administration expenses .. .. .. 38 11 5 Cash in Public Account .. 428 16 11 "Thirds," "fourths," "halves," &c., paid out Investment Account .. 4,050 0 0 to local bodies .. .. .. .. 113 11 7 4,478 16 11 1 Balance, 31st March, 1929— £ s. d. Kents .. .. .. .. 770 18 0 Cash in Public Account .. 1,242 7 9 Interest on investments .. .. 194 15 10 Investment Account .. 4,050 0 0 5,292 7 9 £5,444 10 9 £5,444 10 9 Revenue Account for the Year ended 31st March, 1929. Or. £ s. d. Cr. £ s . d. To Administration expenses .. .. .. 38 II 5 Accrued rent .. .. .. .. .. 801 0 0 " Thirds," " fourths," &c. .. .. .. 113 11 7 Interest on investments .. .. .. .. 194 6 4 Rebates .. .. .. .. 80 2 0 Balance .. .. .. .. .. 763 1 4 £995 6 4 £995 6 4 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 22,915 17 7 Land endowed by Sir George Hunter .. .. 17,800 0 0 Rents charged in advance .. . . .. 200 5 0 Postponed rents .. .. .. .. 741 6 0 Revenue Account .. .. .. .. 763 1 4 Interest on investments accrued but not due .. 45 10 2 Cash— £ s. d. Public Account .. .. 1,242 7 9 Investment Account .. .. 4,050 0 0 5,292 7 9 £23,879 3 11 . £23,879 3 11 J. B. Thompson, Under-Secretary for Lauds. 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, Controller and Auditor-General.

B1 | I'T. IV]

70

LANDS AND SURVEY DEPARTMENT—continued. HUTT VALLEY LAND SETTLEMENT ACCOUNT. Trading Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Land on hand, Ist April, 1928 .. .. 124,452 0 0 By Sales of land .. .. .. .. 96,249 8 0 Purchase of land .. .. .. .. 1,220 0 0 Land on hand at 31st March, 1929 .. . • 100,000 0 0 Cost of subdivision, street-formation, and expenses in preparing land for sales .. 51,165 16 2 Incidental expenses .. .. .. 2,458 19 6 Balance, transferred to Profit and Loss Account 16,952 12 4 £196,249 8 0 £196,249 8 0 Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 2,661 8 6 By Balance transferred from Trading Account ... 16,952 12 4 Interest on capital provided out of Land for Accrued interest .. .. .. .. 7,457 10 2 Settlements Account .. .. '.. 9,452 8 3 Accrued rent .. .. .. .. 244 2 8 Losses written off .. .. .. 94 4 10 Interest on investment .. .. .. 327 19 6 Balance —Profit for year .. .. .. 12,774 3 1 £24,982 4 8 £24,982 4 8 £ s. d. £ s. (1. To Balance—Net profit to 31st March, 1929 .. 89,715 1 6 By Balance brought forward .. .. .. 76,940 18 5 Balance (profit for year) brought down .. 12,774 3 1 £89,715 1 6 £89,715 1 6 Balance-sheet as at 31st March, 1929. Liabilities. [ A ssets. Land for Settlements Account — | £ s. d. Moneys provided for — £ s. d. £ s. d. Land on hand .. .. .. .. 100,000 0 0 Purchase of land .. .. 162,812 17 1 Railways Improvement Authorization Account— Incidental expenses .. 8,708 4 I Balance unpaid on area taken for workshops .. 26,389 8 0 Street-formation .. .. 167,219 6 1 Education Department —Amount due for section 338,740 7 3 taken for school-sites .. .. .. 3,500 0 0 Railways Improvement Authorization Act 1914 Sundry debtors for— £ s. d. Account —Purchase of land .. .. 11,660 0 0 Sales of land (not yet payable) 146,944 11 9 Principal instalments on sales .. 136 11 6 350,400 7 3 Interest on sales .. .. 881 17 10 Less repayments under sec- Rents .. .. .. 557 7 8 tion 11 (2), Hutt Valley Lands —— 148,520 8 9 Settlement Act, 1925— Interest accrued but not due .. .. .. 966 3 6 Land for Settlements Ac- £ s. d. Losses in Suspense .. .. .. .. 94 4 10 count .. .. 193,866 11 5 Cash in the Public Account .. .. .. 616 9 1 Railways Improvement Authorization Act 1914 Account .. .. 11,660 0 0 205,526 11 5 144,873 15 10 Land for Settlements Account—lnterest on capital provided for purchase of land, &c. .. 36,226 7 5 Railways Improvement Authorization Act 1914 Account —Interest on cost of land .. .. 1,014 14 1 Consolidated Fund —For administration expenses 8,114 2 3 Payments in advance— £ s. d. Principal instalments .. 13 18 3 Interest .. .. .. 28 16 8 — 42 14 11 Rents due but not accrued .. .. .. 5 13 4 Writings-off in Suspense .. .. .. 94 4 10 Profit and Loss Account— Balance forward from previous £ s. d. year .. .. .. 76,940 18 5 Profit for year .. .. 12,774 3 1 89,715 I 6 £280,086 14 2 £280,086 14 2 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Profit and Loss 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. I *

71

B — 1 [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. NATIONAL ENDOWMENT TRUST ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. Payments. To Balance at Ist April, 1928 — £ s. d. £ s. d. By Expenditure under section 49 (2), (3), Land for £ s. d. Cash in Public Account .. 944 610 Settlements Act, 1925 .. .. .. 1,250 16 6 Investment Account .. 32,290 0 0 Refunds of revenue— £ s. d. 33,234 6 10 Receipts from sales .. 3 12 5 Receipts from sales of national - endowment Interest on sales .. .. 10 4 7 lands .. .. .. .. (i,758 9 3 ]3 17 0 Balance, 31st March, 1929 — Cash in Public Account .. 2,438 2 7 Investment Account .. 36,290 0 0 38,728 2 7 £39,992 16 1 £39,992 16 1 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assefe. £ s. d. Accumulated funds .. .. .. .. 91,787 011 Unpaid purchase price of land (not yet payable).. 54,215 5 1 Sundry creditors for — £ s. d. Sundry debtors — Sales, &c. .. .. .. 56 6 0 Principal instalments on deferred £ s. d. Miscellaneous .. .. 1,272 15 9 payment .. .. .. 168 19 3 — 1,329 1 9 Interest on sales of land .. 3 9 6 Miscellaneous .. . • 0 6 3 172 15 0 Cash in Public Account .. .. 2,438 2 7 Investment Account .. .. 36,290 0 0 38,728 2 7 £93,116 2 8 £93,116 2 8 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I hereby certify that the "Receipts and Payments Account and Balance-sheet have been duly examined and compared with the relative books and document submitted for audit, and correctly state the position as disclosed thereby.—6. F. C. Campbell, Controller and Auditor-General.

B.—l [Pt. IV],

72

NDS AND SURVEY DEPARTMENT —continued. NORTH ISLAND EXPERIMENTAL DAIRY SCHOOL ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance in Deposit Account Treasury at By Administration expenses .. .. .. 12 5 0 Ist April, 1928 .. .. .. .. 7,833 5 11 Balance, 31st March, 1929 — Rents .. .. .. .. .. 245 0 0 Cash in Treasury Deposit Ac- £ s. d. Interest received on investments .. .. 37 (i 0 count .. .. .. 003 6 11 Cash on investment .. .. 7,500 0 0 — 8,103 6 11 £8,115 11 11 £8,115 11 11 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. | Or. £ s. d. To Administration expenses .. .. .. 12 5 0 By Balance carried down .. .. .. 7,770 7 5 Balance carried forward .. .. .. 8,178 13 9 Accrued rent .. .. .. .. 282 10 0 Interest on investments .. .. .. 138 1 4 £8,190 18 9 £8,190 18 9 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 4,900 0 0 Leased land .. .. .. .. .. 4,900 0 0 Sundry creditors for administration expenses .. 12 5 0 Sundry debtors for rent .. .. .. 10 11 6 Rents charged in advance .. .. .. 23 15 0 Interest accrued, but not due on investments .. 100 15 4 Revenue Account — Balance Ist £ s. d. Cash — £ s. d. April, 1928 .. .. .. 7,770 7 5 On investment .. .. 7,500 0 0 Surplus for year .. .. 408 6 4 Deposit Account, Treasury .. 603 6 11 8,178 13 9 8,103 6 11 £13,114 13 9 £13,114 13 9 J. B. Thompson, Under-Secretary for Lands. J. H. O'Doxnell, 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, Controller and Auditor-General.

73

B.—l [PT. IV].

10— B. 1 [PT. IV].

LANDS ANI) SURVEY DEPARTMENT—continued. NEW ZEALAND UNIVERSITY ENDOWMENT (WESTLAND) ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. Payments. £ s. d. To Balance, Ist April, 1928— £ s. d. £ s. d. By Administration expenses .. .. .. 0 3 0 Cash in Treasury Deposit Ac- Balance, 31st March, 1929—Cash in Treasury count .. .. .. 274 13 5 Deposit Account .. 363 0 5 Cash on investment .. 1,900 0 0 Cash on investment .. .. .. 1,900 0 0 2,174 13 5 Rents .. .. .. .. .. 300 Interest on investments .. .. .. 85 10 0 ' £2,263 3 5 £2,263 3 5 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 0 3 0 By Accrued rent .. .. .. .. 515 0 Balance transferred to Capita] Account .. 90 18 1 Interest on investments .. .. . . 85 6 1 £91 II £91 1 1 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. [ Assets. £ s. d. Capital .. .. .. .. .. 2,427 15 6 Land .. .. .. .. .. 137 10 0 Rents charged in advance .. .. .. 2 7 6 Interest on investments (accrued but not paid) .. 24 15 7 Sundry creditors for administration expenses .. 0 3 0 Sundry debtors for rent .. .. .. 5 0 0 Cash— £ s. d. Treasury Deposit Account .. 363 0 5 On investment .. .. 1,900 0 0 2,263 0 5 £2,430 6 0 £2,430 6 0 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 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. IV],

74

LANDS AND SURVEY DEPARTMENT—continued. OTAGO BOYS' AND GIRLS' HIGH SCHOOLS ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. '1. To Balance in Local Bodies' Deposit Account of By Administration expenses paid to Consolidated Receiver of Land Revenue, Dunedin, at Ist Fund under section 4, Land Laws Amendment April, 1928 .. .. .. .. 389 Act, 1927.. .. .. .. .19 2 7 Rents .. .. .. .. .. 379 4 6 Payments to Otago Boys' a,nd Girls' High Schools Board of Governors .. .. .. 363 10 8 £382 13 3 £382 13 3 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Balance forward from previous year .. .. 99 0 9 By Accrued rents .. .. .. .. 409 4 6 Administration expenses due to Consolidated Balance carried forward .. .. .. 72 6 1 Fund under section 4, Land Laws Amendment Act, 1927.. .. .. .. .. 18 19 2 Amount due to Otago Boys' and Girls' High Schools Board of Governors.. .. .. 363 10 8 £481 10 7 £481 10 7 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 8,439 10 10 Endowment lands .. .. .. .. 8,439 10 10 Rents charged in advance .. .. .. 102 6 1 Sundry debtors for rent .. .. .. 30 0 0 Revenue Account —Balance carried forward .. 72 6 1 £8,541 16 11 ' £8,541 16 11 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 P>alance-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. P. C. Campbell, Controller and Auditor-General.

B.—l [PT. TV],

75

LANDS AND SURVEY DEPARTMENT—continued. OTAGO UNIVERSITY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Yeae ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Cash on hand, Ist April, 1928 — By Amount paid to Land for Settlements Account 170 10 5 In Local Bodies' Deposit Administration expenses .. .. .. 236 4 8 Account of Receiver of Land Repayment to Consolidated Fund on account Revenue at— £ s. d. of amount paid for compensation for improveDunedin .. .. .. 1,183 12 7 ments .. .. .. .. .. 67 611 Invercargill .. .. 613 15 5 Amount paid to Otago University Council under 1,797 8 0 section 118 (1), Reserves and other Lands, &c., Rents .. .. . .. 8,164 11 3 Act, 1917 .. .. .. .. 7,228 6 9 Royalties .. .. .. .. 76116 Amount paid to Dunedin Athenaeum under Otago Museum Act, 1877 .. .. 53 14 0 Insurance premium .. .. .. 1 12 3 Cash on hand, 31st March, 1929 — In Local Bodies' Deposit Account of Receiver of Land Revenue— £ s. d. Dunedin .. .. .. 1,678 8 6 Invercargill .. .. 602 7 3 2,280 15 9 £10,038 10 9 £10,038 10 9 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. j Or. £ s. d. To Administration expenses .. .. .. 204 6 8 By Accrued rent .. .. .. 7,367 5 7 Insurance premium .. .. .. 112 3 j Accrued royalties .. .. .. .. 101 18 3 Amount paid to Land for Settlements Account 170 10 5 | Balance carried down .. .. .. 256 13 2 Amount paid to Otago University Council under section 118 (1), Reserves and other Lands, &c., Act, 1917 .. .. .. .. 7,228 6 9 Amount paid to Dunedin Athenaeum under Otago Museum Act, 1877 .. .. 53 14 0 Reserve Account—Appropriation of revenue for amounts repaid to Consolidated Fund on account of compensation for improvements .. 67 6 11 £7,725 17 0 £7,725 17 0 £ s. d. £ s. d. To Balance brought down .. .. .. 256 13 2 By Balance brought down from previous year .. 1,136 0 3 Balance carried forward .. .. .. 879 7 1 £1,136 0 3 £1,136 0 3 i Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 129,605 0 0 Endowment land .. .. .. .. 129,605 0 0 Consolidated Fund —For compensation paid for Buildings .. .. .. .. .. 485 19 7 improvements effected by lessee on endowment Sundry debtors for rent .. .. .. 1,821 3 8 land .. .. .. .. •• 504 16 2 Rent postponed .. .. .. .. 103 13 0 Sundry creditors for rents paid in advance .. 016 II Sundry debtors—Miscellaneous .. .. 31 18 0 Rents charged in advance .. .. .. 3,031 1 0 Cash on hand, 31st March, 1929—1n Revenue Account—Balance carried forward .. 879 7 1 Local Bodies' Deposit AcReserve Account .. .. .. .. 307 810 count of Receiver of Land Revenue at — £ s. d. Dunedin .. .. .. 1,678 8 6 Invercargill .. .. .. 602 7 3 2,280 15 9 £134,328 10 0 £134,328 10 0 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

B. —1 [PT. IV],

76

LANDS AND SURVEY DEPARTMENT —continued. ROTORUA COLLEGE AND GRAMMAR SCHOOL ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1929. Receipts. Payments. To Balance, Ist April, 1928 — £ s. d. By Payments under section 12 (2) (a), Reserves, &c., £ s. d. Cash in Public Account . ~ .. 20 17 0 Act, 1926 .. .. .. .. 1,301 13 0 Amount transferred from Secondary Education Endowments, Auckland Provincial District, to adjust revenue undercredited in previous years .. .. .. ~ .. 1,280 16 0 £1,301 13 0 £1,301 13 0 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Accumulated funds —To be disbursed under sec- £ s. d. Overpayment to Secondary Education Deposit Ac- £ s. d. tion 12 (2) (a), Reserves, &c., Act, 1926, for the count, Auckland Provincial District (being repaid erection of a secondary school at Rotorua — by annual instalments) .. .. .. 2,561 12 0 Balance, Ist April, 1928 .. .. .. 3,863 5 0 Less payments under section 12(2) (a), Reserves, &c., Act, 1926 .. .. .. .. 1,301 13 0 £2,561 12 0 £2,561 12 0 J. B. Thompson, Under-Secretary for Lands. 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowlee, Deputy Controller and Auditor-General.

B.—l [PT. IV].

77

LANDS AND SURVEY DEPARTMENT—continued. TARANAKI SCHOLARSHIP ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance in Treasury Deposit Account at Ist April, By Payments to Public Trustee in terms of section 22, 1928 .. .. .. .. .. 485 16 6 New Zealand University Amendment Act, 1914 979 14 3 Rents .. .. .. .. .. 953 2 3 Balance —Cash in Treasury Deposit Account on 31st March, 1929 .. .. .. .. 459 4 6 £1,438 18 9 £1,438 18 9 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Payments to Public Trustee in terms of section 22, By Balance brought forward from previous year .. 197 2 8 New Zealand University Amendment Act, 1914 979 14 3 Accrued rent .. .. .. .. 961 2 6 Administration expenses payable to Consolidated Fund .. .. .. .. 47 13 2 Rents written off under Deteriorated Lands Act 48 2 6 Remission of rent under Deteriorated Lands Act .. 4 12 6 Balance carried forward .. .. .. 78 2 9 £1,158 5 2 £1,158 5 2 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. A ssets. £ s. d. Capital .. .. .. .. .. 19,040 10 0 Endowment lands .. .. .. .. 19,040 10 0 Sundry creditors for — £ s. d. Sundry debtors for rent .. .. .. 9 5 0 Rents paid in advance. .. .. 53 18 9 Cash in Treasury Deposit Account .. .. 459 4 6 Administration expenses payable to Consolidated Fund .. 98 8 0 152 6 9 Rents charged in advance .. .. .. 238 0 0 Revenue Account —Balance carried forward .. 78 2 9 £19,508 19 6 £19,508 19 6 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 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. IV],

78

LANDS AND SURVEY DEPARTMENT —continued. WAIPIAT A -HAMILTONS LIBRARY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31 st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Rents .. .. .. .. .. 14 5 0 By Payment to trustees of Waipiata-Hamiltons Library under section 93, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1917.. .. .. .. 13 10 9 Payment of administration expenses to Consolidated Eund under section 4, Land Laws Amendment Act, 1927 .. .. • • 0 14 3 £14 5 0 £14 5 0 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Balance brought forward from previous year .. 213 4 By Accrued rent .. .. .. .. 13 10 8 Amount paid to trustees of Waipiata-Hamiltons Balance carried forward .. .. .. 3 7 8 library under section 93, Reserves and other Lands Disposal and Public Bodies Empowering Act, 1917.. .. .. .. .. 13 10 9 Administration expenses paid to Consolidated Fund under section 4, Land Laws Amendment Act, 1927.. .. .. .. .. 0 14 3 £16 18 4 £16 18 4 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capita] .. .. .. .. .. 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. 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, Controller and Auditor-General.

79

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT —continued. WAIROA HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance—Cash in Local Bodies' Deposit Account By Administration expenses .. .. .. 9 8 9 of Receiver of Land Revenue, Gisborne, as at Deductions for " thirds " and " fourths " under Ist April 1928 .. .. .. .. 71 110 Land Act, 1924 .. .. .. .. 57 511 Rents .. .. .. .. 171 7 10 Payments to Wairoa Harbour Board under section 31, Reserves, &c., Act, 1915 .. .. 137 14 10 Balance—Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Gisborne .. 38 0 2 £242 9 8 j £242 9 8 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Administration exp uses .. .. .. 811 5 By Accrued rent .. .. .. .. 139 10 0 Rebates of rent .. .. .. .. 17 7 8 Balance carried down .. .. .. 81 9 10 Amount paid to Wairoa Harbour Board under section 31, Reserves, &c., Act, 1915 .. .. 137 14 10 " Thirds," " fourths," &c., deducted under section 136, Land Act, 1924 .. .. .. 57 511 £220 19 10 £220 19 10 £ s. d. £ s. d. To Balance brought down .. .. .. 81 910 By Balance brought down from previous year .. 85 910 Balance carried forward .. .. .. 4 9 0 Adjustment on account of previous year —Overpaid administration expenses .. .. 0 9 0 £85 18 10 £85 18 10 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,100 0 0 Endowment land .. .. .. .. 3,100 0 0 Rents charged in advance .. .. .. 34 17 6 Sundry debtors .. .. .. .. 16 4 Revenue Account —Balance carried forward .. 4 9 0 Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Gisborne .. .. .. 38 0 2 £3,139 6 6 £3,139 6 6 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 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. IV].

80

LANDS AND SURVEY DEPARTMENT —continued. WANGANUI HARBOUR ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance —Cash in Local Bodies' Deposit Account By Payments to Wanganui Harbour Board under of Receiver of Land Revenue, Wellington, at Wanganui Harbour Endowment, &c., Act, 1877 42 15 0 Ist April, 1928 .. .. .. .. 30 11 4 Administration expenses paid to Consolidated Rents .. .. .. .. 43 10 0 Fund under section 4, Land Laws Amendment Act, 1927.. .. .. .. .. 2 3 6 Balance —Cash in Local Bodies' Deposit Account of Receiver of Land Revenue, Wellington .. 29 2 10 £74 14 £74 1 4 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Payments to Wanganui Harbour Board under By Balance brought forward from previous year .. 20 0 4 Wanganui Harbour Endowment, &c., Act, 1877 42 15 0 Accrued rents .. .. .. .. 44 13 6 Administration expenses paid to Consolidated Fund under section 4, Land Laws Amendment Act, 1927.. .. .. .. .. 2 3 6 Balance carried forward .. .. .. 19 15 4 £64 13 10 £64 13 10 Balance-sheet as at 31 st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. 1,080 0 0 Leased land .. .. .. .. 1,080 0 0 Rents charged in advance .. .. .. 10 0 0 Sundry debtors for rent .. .. .. 012 6 Revenue Account—Balance carried forward .. 19 15 4 Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington .. 29 2 10 £1,109 15 4 £1,109 15 4 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. I liereby 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, Controller and Auditor-General.

81

B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. WANGANUI RIVER TRUST ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1929. Receipts. Payments. To Balance in Local Bodies' Deposit Account of the £ s. d. By Administration expenses paid to the Consolidated £ s. d. Receiver of Land Revenue, Wellington, at Ist Eund under section 6, Wanganui River Trust April, 1928 .. .. .. .. 10 011 Act, 1891.. .. .. .. .. 22 0 5 Rents .. .. .. .. .. 435 16 8 Amount paid over to the Wanganui River Trust under Wanganui River Trust Act, 1891 .. 291 14 7 Balance in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington .. 132 2 7 £445 17 7 £445 17 7 Revenue Account for the Year ended 31st March, 1929. Dr- £ s. d. Cr. £ s. d. To Administration expenses due to Consolidated By Accrued rent .. .. .. 1,082 12 10 Fund under section 6, Wanganui River Trust Act, 1891 .. .. .. .. 21 15 10 Amount due to the Wanganui River Trust under Wanganui River Trust Act, 1891 .. .. 291 14 7 Irrecoverable rents .. .. .. 9 0 9 Loss under Deteriorated Lands Act, 1925— £ s. d. Remissions of rent .. .. 300 12 3 Rents written off .. 132 10 4 • — 433 2 7 Remissions .. .. .. .. 49 2 7 Remissions of rent granted consequent upon determination of Dominion Revaluation Board 8 10 Balance carried down .. .. .. 269 15 6 £1,082 12 10 £1,082 12 10 £ s. d. £ s. d. To Balance carried forward .. .. .. 1,360 3 2 By Balance brought down .. .. .. 269 15 6 Balance brought down from previous year .. 1,090 7 8 £1,360 3 2 £1,360 3 2 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. Endowment lands — £ s. d. £ s. d. Capital .. .. .. 21,672 14 2 Leased .. .. .. 19,987 14 2 Less capital losses written off under Unleased .. .. .. 180 0 0 section 22, Finance Act, 1927 20,167 14 2 (No. 2) .. .. .. 1,505 0 0 Sundry debtors for rent .. .. .. 1,461 2 4 20,167 14 2 Rents postponed .. .. .. .. 25 18 9 Sundry creditors for rents paid in advance .. 34 9 9 Losses in Suspense Account .. .. .. 9 0 9 Rents charged in advance .. .. .. 224 10 9 Cash in Local Bodies' Deposit Account of the ReRevenue Account—Balance carried forward .. 1,360 3 2 ceiver of Land Revenue, Wellington .. .. 132 2 7 Writings-off in Suspense .. .. .. 9 0 9 £21,795 18 7 £21,795 18 7 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

11— B. 1 [PT. IV

B.—l TPT. IVI.

82

LANDS AND SURVEY DEPARTMENT —continued. VICTORIA COLLEGE ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d* To Rents .. .. .. .. ..72100 By Balance in Treasury Deposit Account on 31st March, 1929 .. .. .. .. .. 72 10 0 £72 10 0 £72 10 0 Kevenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d« To Administration expenses payable under section 39, By Balance brought forward from previous year .. 289 12 0 Victoria College Act, 1905 .. .. .. 312 6 Accrued rents .. .. .. .. 170 16 9 Rent written off under Deteriorated Lands Act .. 153 15 0 Remissions of rent under Deteriorated Lands Act.. 29 2 6 Balance carried forward .. .. 273 18 9 £460 8 9 £460 8 9 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,350 0 0 Leased land .. .. .. .. 3,350 0 0 Sundry creditors for administration expenses .. 312 6 Sundry debtors for rent .. .. .. 280 16 8 Sundry creditors .. .. .. .. 20 5 0 Cash in Treasury Deposit Account at 31st March, Rents charged in advance .. .. .. 55 10 5 1929 .. .. .. .. .. 72 10 0 Revenue Account—Balance carried forward .. 273 18 9 £3,703 6 8 £3,703 6 8 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

83

B.—l [Pt. IV

MAIN HIGHWAY ACCOUNT. CONSTRUCTION FUND. Income and Expenditure on Capital Account for the Year ended 31st March, 1929, and total to Date.

• Total since Total since TT-s-uuwnTTTTRT? Government Ordinary Total for Declaration of Thermo? Total for Declaration of iiXi'JiDDIIUJiJi. Roads. Main Highways. Year 1928-29. Main Highways INtOML. Year 1928-29. Main Highways (9/6/24). (9/6/24). To Net expenditure on construction and improvement of main highways, By Recoveries on account of expenditure of previous years :— including cost of administration by Public Works Department and Highway District — £ s. d. £ s. d. accident compensation: — No. 3, Government roads .. •• •• •• 716 Highway District — £ s. d. £ s. d. £ s. d. £ s. d. No. 16, „ .. .. .. •• 0 11 7 No. I .. .. .. 103,027 19 5 52,468 0 4 155,495 19 9 338,179 12 11 No. 17, „ .. .. .. •• •• 0 4 6 No. 2 .. .. .. 51,163 6 3 80,912 3 3 132,075 9 6 388,943 14 0 No. 3 .. .. .. 11,789 1 1 16,499 3 8 28,288 4 9 116,817 10 5 7 17 7 No. 4 .. .. .. 39,210 10 3 29,144 8 5 68,354 18 8 223,681 6 0 Receipts under section 15, Finance Act, 1923, from Public Works 200,000 0 0 1,026,000 0 0 No. 5 .. .. .. 309 15 3 48,656 11 1 48,966 6 4 129,678 18 6 Fund, General Purposes Account* No. 6 .. .. .. 50,282 15 S 11,494 6 10 61,777 2 6 181,223 10 9 Loans raised under Main Highways Act, 1922— No. 7 .. .. .. 28,166 3 9 29,222 6 5 57,388 10 2 247,904 5 10 Consolidated stock .. .. •• •• ..Dr. 3 3 2 542,004 10 10 No. 8 .. .. .. 22,252 17 11 6,832 18 11 29,085 16 10 90,635 12 10 Debentures .. .. ■■ •• 83,450 0 0 183,450 0 0 No. 9 .. .. .. 41,767 17 3 81,882 0 0 123,649 17 3 319,744 6 0 Inscribed stock .. .. •• •• 146,550 0 0 196,550 0 0 No. 10 .. .. .. 26,453 15 0 11,745 0 7 38,198 15 7 90,332 7 7 Temporary transfers from other accounts .. .. .. 50,000 0 0 50,000 0 0 Transfer from Revenue Fund •• •• •• 350,000 0 0 350,000 0 0 Totals for North Island .. 374,424 1 10 368,856 19 6 743,281 1 4 2,127,141 4 10 Charges and expenses of raising loans (adjustment) .. .. 3 3 2 3 3 2 No. 11 .. .. .. 16,307 13 6 8,808 5 9 25,115 19 3 44,594 8 9 Balance, excess of expenditure over income, carried to general balance- 155,823 14 9 367,439 12 11 No. 12 .. .. .. 5,617 13 6 3,246 6 8 8,864 0 2 83,347 13 8 sheet No. 13 .. .. .. 3,954 15 6 13,948 10 3 17,903 5 9 78,955 12 4 No. 14 .. .. .. 10,538 4 11 50,875 13 6 61,413 18 5 96,705 0 2 No. 15 .. .. .. .. 10,020 8 9 10,020 8 9 19,786 11 2 No. 16 .. .. .. 8,853 1 0 16,651 11 3 25,504 12 3 60,513 17 8 No. 17 .. .. .. 1,068 11 8 80,154 13 0 81.223 4 8 157,528 3 1 No. 18 .. .. .. 568 18 9 11,936 3 0 12,505 1 9 46,874 15 3 Totals for Dominion .. 421,333 0 8 564,498 11 8 985,831 12 4 2,715,447 6 11 985,831 12 4 2,715,447 6 11 * Interest on these amounts is paid from Consolidated Fund.

b—i [Pt. iv;

84

MAIN HIGHWAY ACCOUNT—continued. REVENUE FUND. Income and Expenditure Account for the Year ended 31st March, 1929, and Total to Date.

Total since , Total since Government Ordinary Main Total for Year i Inception of Main wnoMT? Tot , a io f^ r „y ear te p to n o1 ™ EXPENDITURE. Roads. Highways. 1928-29. Highways Act, 1922, I * 1928-29. Highways Act, 1922, to 31/3/29. I to 31/3/29. - i L • - To Net expenditure on maintenance of main highways :— By Income from — Highway District — £ s. d. £ s. d. £ s. d. £ s. d. Interest from investments of— £ s. d. So" J .. 9,793 8 1 47,958 10 7 57,751 18 8 143,879 18 2 Construction Fund .. .. .. 3,537 0 6 No 2 .. 9,392 17 8 96,198 10 7 105,591 8 3 241,115 0 8 Revenue Fund .. .. .. .. 29,451 6 9 £ s. d. £ s. d. No. 3 .. .. .. 27,868 17 0 11,709 17 8 39,578 14 8 111,199 19 4 32,988 7 3 150,096 16 1 t No. 4 .. .. .. 13,399 7 10 15,402 2 1 28,801 9 11 82,167 13 4 Interest from local bodies on plant purchased on their behalf .. 3,065 9 5 j 7,570 12 0 No. 5 .. .. .. 6,882 19 5 51,988 11 5 58,871 10 10 187,535 8 6 Interest on advances to local bodies .. .. ■■ 168 18 7 I 168 18 7 No. 6 .. .. 13,543 10 8 15,098 8 9 28,641 19 5 77,364 13 0 I Miscellaneous receipts .. .. .. .. .. 38 6 4 38 6 4 No 7 •• 21,064 19 3 29,027 0 7 50,091 19 10 158,040 13 0 ! Motor-registration licenses, fees, and fines (section 24, Motor-vehicles I No! 8 .. .. .. 1,047 3 3 25,151 7 10 26,198 11 1 104,888 4 5l Act, 1924) .. .. .. .. •• .. 341,016 14 11 1,275,058 4 4 No. 9 .. .. .. 13,772 17 8 46,727 14 1 60,500 11 9 167,699 17 4 j Motor-spirits tax (section 9, Motor-spirits Taxation Act, 1927) .. 730,414 6 2 860,875 3 9 No. 10 .. .. .. 6,703 5 2 37,533 15 2 44,237 0 4 120,064 19 2 i Recoveries on account of expenditure of previous years —Ordinary main highways .. .. .. .. .. • • • • j • • 28 12 0 Totals for North Island .. 123,469 6 0 376,795 18 9 500,265 4 9 1,393,956 6 11 Rent of and tolls from ferries .. .. .. .. -• 2,081 10 6 No. 11 .. .. .. 10,143 16 10 21,339 17 9 31,483 14 7 98,098 13 3 Tire-tax (sections 13 and 14, Main Highways Act, 1922) .. .. J 196,747 3 10 1,240,448 0 0 No 12 . 48,531 11 8 15,005 15 8 63,537 7 4 183,590 3 1 Transfer from Consolidated Fund (section 14, Main Highways Act, f No. 13 .. .. .. 3,008 4 3 20,475 15 10 23.484 0 1 69,450 15 2 1922) .. .. .. .. .. .. .. 35,000 0 0 175,000 0 0 No. 14 . .. .. 762 15 9 30.554 8 8 31,317 4 5 84/210 11 3 No. 15 . .. .. .. 40,099 7 7 40,099 7 7 105,964 7 4 No. 16 .. .. .. 3,440 19 3 12,953 3 11 16,394 3 2 44,493 16 6 No. 17 .. .. .. 1,493 10 8 21,342 18 11 22,836 9 7 61,772 10 5 No. 18 .. .. .. 572 9 11 26,408 0 1 26,980 10 0 80,282 15 2 Totals for Dominion .. 191,422 14 4 564,975 7 2 756,398 1 6 2,121,819 19 1 Abolition of toll-gates (section 20, Finance Aet, 1925) .. .. 1,807 0 0 12,151 14 7 Accident compensation .. .. .. .. .. .. 166 16 3 879 17 2 Administration and supervision expenses, including salaries and travellingexpenses of Public Works officers, printing, stationery, postages, and miscellaneous expenses .. .. .. .. .. 33,004 7 2 102,271 17 1 | Charges and expenses of raising loans .. .. .. .. 58 5 0 42,525 19 6 Commission on collection of motor-registration fees by Postal Department 12,315 6 6 43,412 8 6 ! Commission on registration of change of ownership .. .. .. 9,705 3 0 9,705 3 0 i Depreciation of furniture, fittings, &c. .. .. .. .. 46 7 2 178 13 8 j Depreciation of plant not in service ........ 800 18 0 0 | Erection of signposts (subsidies to) on county boundaries .. .. 574 10 7 1,345 3 2 * Expenses of District Councillors attending District Council meetings and annual conference .. ■. • • • • . • .. 90 16 5 397 9 8 Fees and travelling-expenses of members of the Main Highways Board, other than Government members .. .. .. .. 1,392 16 5 7,330 17 0 Finance Act, 1927 (No. 2), section 33, Wellington City Council .. 15,068 10 9 15,068 10 9 Interest on loans, recoupment to Consolidated Fund (section 4, Finance Act, 1919) .. .. .. .. .. .. .. 39,130 12 2 112,405 15 6 Management charges of consolidated stock on account of Construction Fund 165 5 2 520 16 11 Miscellaneous expenses — Advertising, maps, rent of halls, traffic tallies, transport of samples, &c. 381 12 10 1,324 4 6 Compensation under section 3, Public Works Amendment Act, 1925 .. 315 1 6 315 1 6 Reserve for redemption of main highways securities .. .. 59,948 0 0 59,948 0 0 Transfers to Construction Fund .. .. .. .. .. 350,000 0 0 350,000 0 0 1,280,576 12 5 2,881,619 11 7 Balance, being excess of income over expenditure, carried to general balance-sheet .. .. .. .. .. .. 58,862 14 1 829,746 12 0 1,339,439 6 6 3,711,366 3 7 1,339,439 6 6 3,711,366 3 7

85

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J. J. Gibson, Accountant, Public Works Department. F. W. Furkert, Chairman, Main Highways Board. I hereby certify that 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 : A reserve of £59,948 for redemption of securities has been set up and paid over to the Loans Redemption Account, but the amount has not yet been applied to the redemption of securities.-— G. F. C. Campbell, Controller and Auditor-General.

MAIN HIGHWAY ACCOUNT—continued. General Balance-sheet as at 31st March, 1929.

TTA-RTTTTTT7K Revenue Construction Tntoi i a CQPT5 Revenue Construction rr„+„i LIABILITIli fe. Fund _ Pun(1 _ iotal. | Abhurb. - pund _ - Fund _ Total. I ■ . Accumulated Revenue Fund — £ s. d. £ s. d. £ s. d. Cash in Public Account — Balance at 31st March, 1928 .. .. .. 770,883 17 11 .. .. At call .. .. .. .. 213,704 1 6 8,090 4 0 221,794 5 6 Add excess of income over expenditure for 1928-29.. 58,862 14 1 .. .. Invested temporarily until required .. .. .. 307,900 0 0 .. 307,900 0 0 829,746 12 0 .. 829,746 12 0 521,604 1 6 8,090 4 0 529,694 5 6 Sundry debtors — Public Works Department .. .. .. .. 2,355 I 4 2,457 13 9 4,812 15 1 Sundry creditors — Other Government Departments .. .. .. 2,383 4 0 35 12 7 2,418 16 7 Public Works Department .. .. .. 15,332 13 1 33,746 12 6 49,079 5 7 Non-departmental .. .. .. .. .. 1,633 12 5 5,879 14 10 7,513 7 3 Other Government Departments .. .. .. 538 3 0 2,300 3 11 2,838 6 11 Motor-registration fees in hands of Postal Department .. 4,708 6 8 .. 4,708 6 8 Non-departmental .. .. .. .. 77,099 19 2 95,863 1 7 172,963 0 9 Interest due and accrued .. .. .. .. 9,607 11 5 .. 9,607 11 5 Interest accrued on loans .. .. .. .. 5,515 19 .. 5,515 1 9 Stocks of material, tools, &c. .. .. .. .. 6,892 17 9 40,539 15 2 47,432 12 11 Motor-registration fees paid in advance .. .. 59,188 0 0 .. 59,188 0 0 Roadmen's cottages, huts, and road buildings generally .. 3,469 0 0 7,839 0 0 11,308 0 0 Writings-off in Suspense .. .. .. .. 88 7 2 371 15 3 460 2 5 Furniture, fittings, &c. — £ s. d. Temporary Transfer from Revenue Fund .. .. .. 300,000 0 0 300,000 0 0 Expenditure to 31st March, 1929 .. 628 2 6 Reserve for redemption of securities .. .. .. 59,948 0 0 .. 59,948 0 0 Less depreciation to 31st March, 1929 .. 182 11 1 445 11 5 .. 445 11 5 Plant and equipment — For Main Highways Board — Expenditure to 31st March, 1929 .. 64,060 5 1 Less depreciation charged to works .. 4,026 8 6 60,033 16 7 .. 60,033 16 7 Purchased for local bodies — Expenditure to 31st March, 1929 .. 87,921 10 10 Less repayments of principal .. 19,145 17 9 68,775 13 1 .. 68,775 13 1 Amount in Loans Redemption Account .. .. .. 59,948 0 0 .. 59,948 0 0 Construction Fund — £ s. d. Balance at 31st March, 1928 .. .. 211,615 18 2 . Add excess of expenditure over income, ! i 1928-29 .. .. .. .. 155,823 14 9 .. 367,439 12 11 367,439 12 11 Temporary transfer to Construction Fund .. .. 300,000 0 0 .. 300,000 0 0 Advances to local authorities (Main Highways Amendment Act, 1926, section 2) .. .. .. .. 5,600 0 0 .. 5,600 0 0 1,047,456 16 2 | 432,281 13 3 1,479,738 9 5 | !1,047, 456 16 2 432,281 13 3 1,479,738 9 5

B. —1 FPr. IVI.

86

MARINE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. , , Income. To Head Office— £ s. d. £ s. d. By Shipping— £ s. d. £ s. d. Salaries .. .. .. 7,678 18 9 Light dues.. .. .. 80,979 13 11 Office expenses .. .. 1,718 5 7 Engagement and discharge of 9,397 4 4 seamen .. .. .. 2,583 2 9 Harbours —• Survey of ships .. .. 5,123 8 6 Salaries .. .. .. 1,948 710 Examination fees .. .. 268 8 0 General maintenance .. 1,966 17 9 Miscellaneous receipts .. 296 611 Nelson River Limits Commis- 89,251 0 1 sion .. .. .. 144 12 9 Harbours— 4,059 18 4 Port dues.. .. .. 1,998 18 5 Lighthouses— Revenue from foreshores .. 5,582 0 5 Salaries .. .. .. 16,775 6 6 7,580 18 10 General maintenance .. 7,144 7 5 Inspection of machinery— 23,919 13 11 Inspection fees .. .. 19,912 11 4 Mercantile marine— Examination fees .. .. 402 5 0 Salaries .. .. .. 21,684 19 9 Miscellaneous receipts .. 918 0 Office and general expenses .. 3,581 9 5 20,324 14 4 25,266 9 2 Fisheries — Inspection of machinery— Net profit on oysters, transSalaries .. .. .. 13,949 18 7 ferred Erom Profit and Loss Travelling-expenses .. 4,311 16 4 Account attached .. 1,160 011 Office and general expenses .. 3,311 7 8 Pishing - boat license fees, re21,573 2 7 demption fees, royalties, &c. 437 7 11 Fisheries — Rental of toheroa-beds .. 300 0 0 Salaries .. .. .. 2,269 4 8 Sale of trout-ova and quinnat Office and general expenses .. 1,012 8 2 salmon .. .. .. 104 12 7 3,281 12 10 2,002 1 5 Government steamers —Working- Government steamer — Fares, expenses .. .. .. .. 21,559 12 3 freight, &c. .. .. .. 4,046 7 3 Ross Sea Dependency—Adminis- Ross Sea Dependency—Royalties tration expenses .. .. .. 176 12 3 on whale-oil .. .. .. 13,961 17 6 Miscellaneous services— Miscellaneous revenue— Charts .. .. .. 219 4 11 Sale of charts .. .. 285 0 3 Saleable books and forms .. 420 2 3 Sale of books and forms .. 836 16 7 " New Zealand Nautical Sale of " New Zealand Almanac" .. .. 600 9 10 Nautical Almanac" .. 149 15 5 Preparation of tide-tables .. 550 0 0 Rents of buildings and reserves 177 10 2 Checking passenger traffic .. 127 3 3 Miscellaneous receipts .. 41 6 4 Relief of distressed seamen .. 18 2 0 1,490 8 9 Miscellaneous expenses .. 6 6 11 1,941 9 2 Reserve for bad debts .. .. .. 28 2 7 Grants .. .. .. .. .. 260 0 0 Depreciation . . .. .. 9, 662 2 8 Balance carried down .. .. ..17,531 8 1 £138,657 8 2 £138,657 8 2 £ s. d. £ s. d. To Interest on capital .. .. .. 17,285 17 5 By Balance brought down .. .. .. 17,531 8 1 Excess income over expenditure after charging Oil stock adjustment (not previously included).. 1,229 4 6 interest on capital .. .. .. 1,474 15 2 £18,760 12 7 £18,760 12 7 Notes. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Services of Customs officers ; (b) rental value as assessed by Public Works Department; (c) interest at 4| per cent, on capital as at Ist April, 1928 ; (d) Public Works Department overhead cost. Depreciation has been allowed for on balances of assets as at Ist April, 1928, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for services rendered to the Customs Department.

87

B.—l [PT. IV].

MARINE DEPARTMENT—continued. ROCK OYSTER INDUSTRY. Profit and Loss Account fob 1928 Season. Dr. £ a. d. Gr. £ s. d. To Salaries and wages.. .. .. .. 3,542 14 0 By Sales .. .. .. .. .. 6,931 4 6 Maintenance of ketch and launches .. .. 529 2 9 Freight and cartage .. .. .. 462 7 8 Sacks and stores .. .. .. .. 197 3 1 Wharfage and cranage .. .. .. 50 8 7 Compensation for accidents .. .. 208 9 7 Rent, light, &c. .. .. .. .. 57 0 3 Administration expenses .. .. .. 176 10 0 Travelling-expenses . . .. .. 75 6 9 Office expenses .. .. .. .. 16 14 11 Printing and stationery .. .. .. 40 4 9 Advertising .. .. .. .. 14 13 11 Depreciation .. .. .. .. 275 13 8 Interest on capital.. .. .. .. 124 13 8 Net profit .. .. .. .. 1,160 011 £6,931 4 6 £6,931 4 G Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 583,765 12 5 Land .. .. .. ... .. 28,821 17 0 Creditors— £ s. d. Buildings .. .. .. .. .. 8,146 0 0 Departmental .. .. 864 10 10 Lighthouses (including land, towers, buildings, Sundry .. .. .. 2,386 3 0 furniture, apparatus, and equipment) .. 256,064 17 2 3,250 13 10 Automatic lights .. .. .. .. 44,136 13 7 Rentals, &c., paid in advance .. .. 170 2 1 Eog-signals .. .. .. .. 5,008 18 2 Reserves — £ s. d. Radio direction-finding experiments .. .. 1,971 3 8 Depreciation .. .. 72,534 12 4 Radio direction-finding beacons .. .. 1,517 12 2 Bad debts .. .. .. 173 10 6 Beacons, buoys, and moorings .. .. 7,400 10 2 Rebates .. .. .. 705 0 0 Government steamers .. .. .. 19,757 010 73,413 210 Wharves .. .. .. .. .. 2,354 0 0 Deposit Accounts .. .. .. .. 1,475 12 2 Harbour equipment (including boats, fiagstaffs, Writings-off Suspense Account .. .. 529 7 0 signalling apparatus, tools, &c.) .. .. 2,020 14 0 Excess income over expenditure .. .. 1,474 15 2 Oyster-beds .. .. .. .. 127,075 8 8 Oyster ketch and launches .. .. .. 7,354 14 2 Fish hatcheries and equipment .. .. 2,643 3 3 Fisheries Development Account .. .. 51,152 16 6 Motor-vehicles .. .. .. .. 1,394 19 7 Automatic flashing lamps .. .. .. 258 12 10 Test pumps and pressure gauges .. .. 277 15 0 Office furniture and fittings .. .. .. 5,609 4 4 Mechanical office appliances .. .. .. 961 1 9 Library .. .. .. .. .. 1,506 2 4 Stores, tools, &c. .. .. .. .. 15,290 1 5 Charts, saleable books and forms .. .. 2,663 1 7 National health, pensions, and unemploymentinsurance stamps .. .. .. 240 1 9 Payments in advance .. .. .. 34 13 0 Debtors — £ s. d. Departmental .. .. 267 4 5 Sundry .. .. .. 9,225 10 5 — 9,492 14 10 Deposit Cash Account— Consolidated Fund deposits .. 37 8 8 Receiver-General's deposits .. 810 0 0 Other deposits .. .. 628 3 6 1,475 12 2 Cash in transit .. .. .. .. 34 13 9 Cash in Post Office .. .. .. .. 764 12 4 Treasury Adjustment Account .. .. 58,650 9 6 £664,079 5 6 £664,079 5 6 G. C. Godfrey, Secretary. J. E. Engel, A.R.A.N.Z., 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. P. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV

88

MINES DEPARTMENT. Income and Expenditure Account eor the Yeae ended 31st March, 1929. Expenditure. Income. £ s. d. £ s. d. By Interest .. .. .. .. .. 518 18 8 To Advertising, &c. .. .. .. .. 72 12 4 Water-race Reserve timber royalties .. .. 21 17 6 Assistance to mining— £ s. d. Territorial revenue under the Mining Act, 1920.. 485 19 0 Prospecting .. .. 7,530 1 3 Registration and other fees .. .. .. 718 2 6 Roads .. .. .. 877 3 10 Rent of buildings .. .. .. .. 69 10 0 Bounty on pig iron, Onakaka .. 5,124 12 0 Recovery on account of shipping black sand to Nightcaps ambulance .. 200 0 0 England .. .. .. •• 7411 Gimmerburn dam repairs .. 198 0 0 Goldfields revenue .. .. .. 20,125 5 3 Drybread sludge-channel repairs 159 0 0 Balance carried down .. .. 27,878 510 14,088 17 1 Depreciation .. .. .. .. 646 5 6 Drills maintenance .. .. .. 214 4 4 Examinations .. .. .. .. 104 17 10 Freights .. .. .. .. .. 5 13 3 Fuel, light, water, &c. .. .. .. 34 1 9 Law-costs and costs of collecting goldfields revenue .. .. . . .. 130 9 11 Office requisites .. .. .. .. 18 3 5 Outfit allowance .. .. .. .. 26 0 0 Postages, telegrams, &c. .. .. .. 213 13 9 Printing and stationery .. .. .. 146 4 7 Rents .. .. .. .. .. 417 8 7 Repairs to cottage, Kumara .. .. 54 0 0 Salaries .. .. .. .. .. 7,755 13 9 Schools of Mines .. .. .. .. 3,631 0 2 Telephones .. .. .. .. 191 16 9 Travelling allowances and expenses .. .. 1,769 6 8 Sundry expenses .. .. .. .. 14 14 5 Losses, irrecoverable, bad debts, &c. .. .. 164 14 4 Goldfields revenue .. .. .. 20,125 5 3 £49,825 3 8 £49,825 3 8 £ s. d. £ s. d. To Balance brought down .. .. ..27,878 510 By Exccss of expenditure over income .. .. 29, 053 11 8 Interest on capital .. .. .. 1,175 5 10 £29,053 11 8 £29,053 11 8 COAL-MINES ACT, 1925. Revenue Account foe the Yeae ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To National Endowment Account .. .. 923 13 0 By Rents, royalties, and fees from leases and licenses Primary-education reserves .. .. .. 1,365 19 4 under the Coal-mines Act, 1925 .. .. 33,863 6 9 Secondary-education reserves .. .. 407 17 9 Lands for settlement .. .. .. 8 18 6 Greymouth Harbour Board .. 5,264 4 9 Westport Harbour Account .. .. 19,991 14 1 Consolidated Fund—Territorial revenue carried down .. .. .. .. .. 5,900 19 4 £33,863 6 9 £33,863 6 9 Net Revenue Account. Dr. £ s. d. Gr. £ s. d. To Salaries .. .. .. .. .. 550 0 0 By Territorial revenue brought down .. .. 5,900 19 4 Travelling-expenses .. .. .. 23 0 7 Commission for collcoting .. .. .. 650 2 2 Printing and stationery .. .. .. 100 0 0 Postages and telegrams .. .. .. 35 0 0 Depreciation .. .. .. .. 14 8 Reserved for bad and doubtful debts.. .. 500 0 0 Balance carried down .. .. .. 5,341 16 3 £6,551 1 6 £6,551 1 6 £ s. d. £ s. d. To Interest on capital .. .. .. 12 2 By Balance brought down .. .. .. 5,341 16 3 Excess of income over expenditure .. .. 5,340 14 1 £5,341 16 3 £5,341 16 3 Note. —The Revenue Account includes rents for period Ist July, 1928, to 30th June, 1929, and royalties for period Ist January 1928, to 31st December, 1928.

89

B.—l [PT. IV],

MINES DEPARTMENT —continued. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 26,142 5 0 Land .. .. .. .. .. 4,349 0 0 Treasury Adjustment Account .. .. .. 19,711 3 4 Buildings .. .. .. .. .. 518 1 6 Creditors — £ s. d. Motor-cars .. .. .. .. .. 618 2 1 Departmental .. .. 94 6 4 Furniture and fittings .. .. .. 1,059 15 7 Sundry .. .. .. 8,554 9 1 Mechanical office appliances .. .. .. 342 6 8 — 8,648 15 5 Loans on mortgages .. .. .. .. 6,360 0 0 Reserves — Drills and equipment .. .. .. .. 9,502 4 11 Depreciation .. .. .. 5,003 1 1 Library and maps .. .. .. .. 184 7 0 Bad debts .. .. .. 1,139 17 2 Exhibits .. .. .. .. .. 273 2 5 6,142 18 3 Mineral collections .. .. .. .. 66 11 0 Amount held on deposit .. .. .. 8,874 811 Instruments .. .. .. .. .. 216 18 1 Writings off Suspense Account .. .. .. 165 410 Stores .. .. .. .. .. 21 5 4 Stationery .. .. .. .. .. 10 0 0 Saleable publications .. .. .. .. 212 8 3 Stamps .. .. .. .. .. 17 17 6 Debtors — £ s. d. Departmental .. .. 357 11 7 Sundry .. .. .. 12,822 12 6 13,180 4 1 Assets in Suspense .. .. .. 165 4 10 Deposit Accounts — Coal-mines Amendment Act, 1922 10 0 0 Mining Act, 1926, section 47 .. 75 10 0 Receiver-General .. .. 1,176 16 9 Local Bodies .. .. .. 5,155 9 10, Receivers of Gold Revenue .. 886 9 3 Post Office .. .. .. 9 0 0 Fixed deposits .. .. 1,561 3 1 8,874 8 11 Excess of expenditure over income, Mines Department .. .. 29,053 11 8 Less excess of income over expenditure, Coal Revenue Accounts .. 5,340 14 1 23,712 17 7 £69,684 15 9 £69,684 15 9 Note. —Subsidies totalling £5,860 ss. made to mining companies are recoverable, but only if payable gold in sufficient quantities is won. The following charge is included for which the Department possesses no parliamentary appropriation : Interest at 4J per cent, on capital as at Ist April, 1928. A. H. Kimbell, Under-Secretary. A. W. Gyles, A.1.A.N.Z., A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and AuditorGeneral.

12— B. 1 [PT. IV].

B.—l [PT. IV].

90

MINES DEPARTMENT —continued. MINING ADVANCES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Interest on loan capital .. .. .. 2,067 5 0 By Interest on advances .. .. .. 994 2 2 Losses, sums irrecoverable .. .. .. 4,541 17 7 Interest on investments .. .. .. 529 7 4 Reserve for losses on realization of securities .. 4,564 19 8 Interest on investment in Public Debt Redemption Fund .. .. .. .. 41 15 4 Balance —Net loss .. .. .. .. 9,608 17 5 £11,174 2 3 £11,174 2 3 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. £ s. d. £ s. d. Capital loans under various Acts .. .. 49,050 0 0 Advances .. .. .. 26,43314 4 Interest due to Consolidated Fund .. .. 4,544 17 4 Less provisionally written off .. 4,000 0 0 Sundry creditors .. .. .. .. 1140 22,433 14 4 Interest accrued but not due .. .. .. 770 15 9 Sundry debtors— Reserve for losses .. .. .. .. 8,147 18 9 Departmental .. .. 2 12 6 Sundry .. .. .. 5,964 9 5 5,967 1 11 Less provisionally written off.. 541 17 7 — 5,425 4 4 Interest accrued but not due .. .. 162 4 3 Investment in Public Debt Redemption Fund 1,085 19 0 Cash in Public Account . . .. .. 14,550 1 3 £ s. d. Losses in previous years .. 9,249 5 3 Loss per Income and Expenditure Account .. .. .. 9,608 17 5 18,858 2 8 £62,515 5 10 £62,515 5 10 Note. —Loan capital amounting to £12,833 9s. has been redeemed from the Consolidated Fund, being amount of capital losses (£12,791 6s. Id.) written off under the 1920, 1924, and 1927 Appropriation Acts, and £42 2s. lid. redeemed from the investment in the Public Debt Redemption Fund. A. H. Kimbell, Under-Secretary for Mines. A. W. Gyles, A.1.A.N.Z., A.R.A.N.Z., 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.—G. E. C. Campbell, Controller and Auditor-General.

91

B.—l [PT. IV],

NATIONAL PROVIDENT FUND. Revenue Account for the Year ended 31st December, 1928. £ s. d. £ s. d. Amount of fund at beginning of year .. 1,957,226 12 9 Maternity claims (section 19) .. .. 7,236 0 0 Contributions .. .. .. .. 234,820 14 4 Maternity claims (approved friendly societies) 36,186 0 0 Interest .. .. .. .. 115,769 17 10 Refund of contributions on lapse, reduction, Fines .. .. .. .. .. 969 5 3 and withdrawal (sections 11, 12, 13, and 14) 58,213 16 0 Government contribution under Act .. 59,125 1 9 Incapacity allowances (sections 17 and 18), Refund of maternity claims by the State .. 43,422 0 0 including contributions waived on incapacity Contributions overpaid on exit .. .. 212 12 2 (£521 4s. 9d.) .. .. .. .. 3,559 14 6 Benefits refunded on exit .. .. .. 4,281 2 5 Death: Refund of contributions (sections Miscellaneous receipts .. .. .. 17 0 15 (5) and 16) .. .. .. .. 5,369 1 2 Death : Allowances on account of widows and children (section 15) .. .. .. 9,428 17 8 Retirement: Allowances (section 13) .. 19,940 17 11 Refund of contributions overpaid on exit .. 212 12 2 Amount of fund at end of year .. .. 2,275,681 14 1 £2,415,828 13 6 £2,415,828 13 6 Balance-sheet as at 31st December, 1928. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. .. 2,27-5,681 14 1 In hands of Public Trustee— Claims due and in course of payment — Invested .. .. .. .. 2,172,382 0 2 Maternity .. .. .. .. 3,235 9 0 Uninvested .. .. .. .. 27,107 10 11 Death (section 16) .. .. .. 660 7 3 Balance with Post Office .. .. .. 491 6 7 Death: Allowances (section 15) .. .. 397 0 3 Balances in transit .. .. .. 13,794 19 0 Allowances (section 13) .. .. .. 939 4 6 Contributions outstanding or in course of Allowances (section 17) .. .. .. 98 14 0 transmission*— Refunds in suspense .. .. .. 32,129 11 5 (a) Contributions due but not overdue .. 13,561 4 11 Suspense Account .. .. .. 361 8 3 (6) Contributions overdue .. .. 3,778 12 5 Contributions prepaid .. .. .. 7,151 15 5 Government subsidy due under Act* .. 59,125 1 9 Investment Fluctation Reserve (by transfer Refund due in respect of maternity claims* .. 3,§10 0 0 from refunds unclaimed) .. .. 13,169 15 9 Fines due* .. .. .. .. 472 6 6 Interest due* .. .. .. .. 5,855 1011 Interest accrued but not due* .. .. 33,446 6 9 £2,333,824 19 11 £2,333,824 19 11 * Included in Revenue Account. R. E. Hayes, Superintendent. R. M. Porteous, A.R.A.N.Z., Accountant. I hereby certify that the Balance-sheet and Revenue Account have been duly examined and compared with the relative books and doctiments submitted for audit, and correctly state the position as disclosed thereby.—6. F. C. Campbell, Controller and Auditor-General.

B.—l [PT.IIV].

92

NATIONAL PROVIDENT FUND AND FRIENDLY SOCIETIES DEPARTMENT. NATIONAL PROVIDENT FUND. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. £ s. d. To Administration charges— £ s. d. £ s. d. By Balance carried down .. .. .. 121,187 3 5 Salaries .. .. .. 9,940 7 7 Audit .. .. .. 75 0 0 Fees for certificates of birth, &c. .. .. .. 50 0 0 Overtime and meal allowances 0 6 0 Rent .. .. .. 1,181 I 5 Commission allowances, &c... 5,656 16 11 Commission on money-orders for approved friendly societies' maternity claims .. 60 17 6 Postage, telegrams, &c. .. 403 1 6 Telephone services .. 113 3 2 Post and Telegraph Department —Charges for services rendered .. .. 585 15 6 Government Insurance Department—Charges for services of charwomen and messengers .. .. 100 0 0 Government Actuary—Charges for services rendered .. 665 19 10 Travelling-allowances, &c. .. 482 4 8 Printing and stationery .. 518 15 2 Office maintenance .. 91 4 11 Fuel, light, power, &c. .. 64 7 2 19,989 1 4 Other itemsLoss on realization of property .. .. 10 2 0 Depreciation .. .. .. .. 151 4 9 Permanent charges under special Acts— £ s. d. Subsidy .. .. .. 57,856 15 4 Maternity claims .. ..43,180 0 0 101,036 15 4 £121,187 3 5 £121,187 3 5 £ s. d. £ s. d. To Balance brought down .. .. .. 121,187 3 5 By Excess of expenditure over income .. .. 121,271 15 0 Interest on capital .. .. .. 84 11 7 £121,271 15 0 j £121,271 15 0 FRIENDLY SOCIETIES. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. £ s. d To Administration charges — £ s. d. £ s. d. By Sundry fees .. .. .. .. 313 6 Salaries .. .. .. 1,159 11 0 Balance carried down .. .. .. 5,072 15 7 Government Actuary—Charges for services rendered .. 2,256 2 1 Government Insurance Depart- • ment—Charges for services of charwomen and messengers 25 0 0 Postages, telegrams, &c. .. 144 0 7 Printing and stationery .. 75 5 4 Rent .. .. .. 212 10 0 Telephone services .. .. 15 17 6 Travelling-allowances .. 20 7 6 Office maintenance .. .. 2 10 1 3,911 4 1 Other items— Payment for statistical returns of sickness and mortality .. .. 1,147 5 0 Depreciation .. .. .. •. 18 0 0 £5,076 9 1 £5,076 9 1 £ s. d. £ s. d. To Balance brought down .. .. .. 5,072 15 7 By Excess of expenditure over income .. .. 5,080 17 7 Interest on capital .. .. .. 8 2 0 £5,080 17 7 £5,080 17 7 Note. —The above account includes a charge for interest on capital for which the Department has no parliamentary appropriation.

B.—l [PT. IV].

93

NATIONAL PROVIDENT FUND AND FRIENDLY SOCIETIES DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. ylssrfs. £ s. d. £ s. d. Capital .. .. .. .. .. 2,060 9 6 Furniture and fittings .. .. 1,558 16 2 Creditors — Additions .. .. .. 28 0 9 Departmental .. .. .. .. 444 19 2 Sundry .. .. .. .. .. 5,773 8 3 1,586 16 11 Reserve depreciation .. .. .. 1,154 4 2 Less disposals .. .. 23 16 3 Treasury Adjustment Account .. .. 119,366 10 2 — — 1,563 0 8 Less written off to Suspense .. 11 0 6 1,552 0 2 Mechanical appliances .. .. 514 2 0 Additions .. .. .. 14 6 0 528 8 0 Stationery .. .. .. .. 351 2 4 Stamps .. .. .. .. 10 8 2 Payments in advance .. .. .. 5 0 0 Excess of expenditure over income—• National Provident .. .. 121,271 15 0 Friendly Societies .. .. 5,080 17 7 126,352 12 7 £128,799 11 3 £128,799 11 3 R. E. Hayes, Superintendent, National Provident and Friendly Societies 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.

B.—l [PT. IV].

NATIVE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. To Salaries, temporary assistance, and £ s. d. £ s. d. By Departmental receipts— £ s. d. £ s. d. allowances .. .. .. 26,998 17 2 Native Land Court fees .. 5,224 7 1 Fees to Supervisors .. .. 7 7 0 Maori Land Board fees .. 2,647 0 6 Travelling expenses and allowances 2,637 10 0 7,871 7 7 Transfer and removal expenses .. 15 0 6 Administration receipts—ConFreight and cartage .. .. 138 8 10 tributions from Maori Land Fuel, light, and cleaning.. .. 77 10 11. Boards .. .. .. .. 8,833 0 0 Law-costs .. .. .. 7 6 10 Other receipts— Postages and telegrams .. .. 764 14 7 Translation fees .. .. 79 3 6 Printing and stationery .. .. 985 8 11 Interpreters' licenses, &c. .. 9 7 0 Rent of circuit rooms and depart- 88 10 6 mental offices .. .. 1,184 16 3 Balance carried down, being excess of expendiWritings off Suspense Account .. 018 3 ture over revenue earned .. .. 40,200 811 Miscellaneous expenses .. .. 7 17 6 Maintenance of office furniture and fittings .. .. .. 27 13 10 Depreciation on buildings, office furniture, and mechanical appliances .. .. .. 219 10 9 33,073 1 4 . Expenses of other servicesPrinting and publication of Kahiti .. .. 1,879 6 10 Less proceeds of sales, advertising, &c. .. .. 24 7 9 1,854 19 1 Destruction of rabbits on Native lands .. .. .. 4,015 19 1 Eradication of noxious weeds on Native lands .. .. 53 10 0 Ngati Mutunga —Settlement of claim .. .. .. 2,000 0 0 Survey charges, Whakarewarewa Model Village .... 170 8 2 • 6,239 17 3 Contributions — Water-supply, Ohinemuri River 50 0 0 Memorials to deceased Natives 50 0 0 100 0 0 Expenditure under special Acts of the Legislature— Native Land Amendment and Native Land Claims Adjustment Act, 1922, (Arawa Lakes Settlement) .. .. 6,000 0 0 Native Land Amendment and Native Land Claims Adjustment Act, 1925, section 13 (Maori Purposes Fund) .. 3,000 0 0 9,000 0 0 Royal Commission — Confiscated Lands Commission expenses .. .. 54 17 2 Expenditure under Civil List Act, 1920, Part V (Native Purposes)— Medical services .. 3,600 0 0 Food and clothing .. .. 2,684 18 6 Pensions and cash allowances .. 258 2 3 Water-supply and miscellaneous services .. .. .. 42 5 7 Ensigns .. .. .. 14 119 New Plymouth Hostelry expenses 70 9 1 Tauranga Hostelry expenses .. 0 5 0 6,670 12 2 £56,993 7 0 £56,993 7 0 £ s. d. £ s. d. To Balance brought down .. .. .. 40,200 811 By Sundry Court fees (antecedent charges) .. 52 7 6 Interest on capital .. .. .. 495 19 0 Balance .. .. .. .. 40,644 0 5 £40,696 7 11 £40,696 7 11 Note. —The above account includes charges for assessed rent and interest on capital for which the Department has no parliamentary appropriation.

94

B.—l [PT. IV].

95

NATIVE DEPARTMENT —continued. Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Capital Account .. .. .. .. 11,018 13 6 Land .. .. .. .. 6,765 0 0 Sundry creditors — £ g. d. Buildings .. .. .. 2,131 17 I Departmental .. .. 280 2 9 8,896 17 1 Sundry .. .. .. 380 12 2 Furniture and fittings .. .. 1,803 12 10 660 14 11 Hostelry furniture and fittings .. 71 8 6 Payments in advance (rent) .. .. .. 1 4 9 1,875 1 4 Reserve for depreciation .. .. .. 1,380 7 4 Mechanical office appliances .. 375 910 Treasury Adjustment Account .. .. .. 55,421 1 7 Technical instruments .. .. 710 0 382 19 10 Stationery .. .. .. 239 7 2 Stamps .. .. .. 59 5 0 298 12 2 Payment in advance (departmental) 6 10 0 Sundry debtors— Departmental .. .. 24 6 3 Sundry .. .. .. 16,353 15 0 16,384 11 3 Treasury Adjustment Account —Excess of expenditure over income .. .. .. .. 40,644 0 5 £68,482 2 1 £68,482 2 1 K. N. Jones, Under-Secretary. 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.

B.—l [Pt. IV].

NATIVE DEPARTMENT—continued. DISTRICT MAORI LAND BOARDS. Combined and Separate Receipts and Payments Statements for the Year ended 31st March, 1929. Receipts.

96

Totals. Tokerau. \Tauiapoto Waiariki. ' Tairawhiti. Aotea. Ikaroa. South Island. Cash balances at 1st April, 1928 — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Inhand .. .. .. .. .. 28,428 11 3 .. 4,168 6 10 11,616 Oil 3,145 15 4 3,956 19 2 3,047 13 2 1,782 16 0 710 19 10 Imprests at Post Office .. .. .. .. 8,758 11 10 .. 1,800 0 0 5,000 0 0 251 15 5 542 1!) 4 812 13 8 234 6 9 116 16 8 37,187 3 1 .. 5,968 6 10 16,616 0 11 3,397 10 9 4,499 18 6 3,860 6 10 2,017 2 9 827 16 6 Withdrawals of principal from amounts on deposit with 58,140 1 0 .. 16,500 0 0 10,840 1 0 11,000 0 0 8,000 0 0 6,800 0 0 3,000 0 0 2,000 0 0 Native Trust Office j 95,327 4 1 22,468 6 10 27,456 1 11 14,397 10 9 12,499 18 6 10,660 6 10 5,017 2 9 2,827 16 6 Rents, &c. .. .. .. .. .. 90,038 14 5 .. 4,202 8 6 11,239 0 4 13,172 3 9 29,919 4 8 19,772 19 6 7,585 1 7 4,147 16 1 Loyalties.. .. .. .. .. •• 4,380 19 6 .. 185 3 0 2,300 5 6 .. 1,028 8 2 867 2 10 Purchase-money .. .. .. .. .. 95,229 6 4 .. 2,829 13 4 21,079 4 0 13,730 18 10 16,966 9 1 25,078 14 0 10,334 8 1 5,209 19 0 Compensation for land taken .. .. .. 79 18 3 .. .. .. .. 79 18 3 Mortgage repayments .. .. .. ■. 32,691 3 4 .. 42 1 0 63 0 0 534 7 0 21,213 9 3 3,230 0 0 7,218 6 1 390 0 0 Amount received for disbursement, East Coast Commission 17,995 3 6 .. .. .. .. 17,995 3 6 Proceeds of sales of stores, cream, &c., Te Kao .. 4,183 15 0 .. 4,183 15 0 244,599 0 4 11,443 0 10 34,681 9 10 27,437 9 7 87,202 12 11 48,948 16 4 25,137 15 9 9,747 15 1 Interest received on — Purchase-money .. .. .. .. 646 3 9 .. 76 3 0 532 4 5 25 16 11 .. .. 11 19 5 Mortgages .. .. .. .. .. 10,175 18 10 .. 223 0 0 2,012 16 10 703 16 0 2,825 2 3 1,703 3 0 2,444 19 0 263 1 9 Native Trust Office deposits .. .. .. 11,895 17 3 .. 438 8 3 3,537 3 3 2,977 13 6 468 19 10 3,409 0 9 580 5 7 484 6 1 Public Trust Office .. .. .. .. 765 8 0 .. 14 1 7 286 19 4 42 7 2 54 10 2 267 4 2 56 1 I 44 4 6 New Zealand Government war-loans .. .. 1,405 17 0 .. .. 34 2 0 .. 1,210 0 0 94 5 0 67 10 0 Sundry investments .. .. .. .. 147 17 2 .. .. 45 12 4 .. .. 102 4 10 25,037 2 0 751 12 10 6,448 18 2 3,749 13 7 4,558 12 3 5,575 17 9 3,160 15 1 791 12 4 i Commissions (not including transfers from blocks) .. .. 2,806 1 8 70 15 5 423 2 1 845 5 6 687 4 11 407 16 9 190 3 6 181 13 6 Receipts in reduction of advances on overdrafts .. 3,427 15 2 .. 18 15 8 2,486 18 6 808 16 2 .. 1 .. 113 4 10 Advances to other Boards repaid .. .. ■ ■ 761 5 0 .. .. .. .. .. .. 761 5 0 Advances from other Boards .. .. • • 2,000 0 0 .. 1 2,000 0 0 Proceeds of sales and other credits from Morikau Farm .. 18,809 17 2 .. .. .. .. .. 18,809 17 2 24,998 17 4 ! 2,018 15 8 2,486 18 6 808 16 2 .. I 18,809 17 2 874 9 10 Miscellaneous receipts (including sundry deposits for .. 38,280 18 4 i 11,118 7 2 17,470 17 9 707 2 5 6,958 5 0 j 1,938 2 5 76 1 1 12 2 6 repayment, refund, and recoveries) Total receipts .. .. .. .. 431,049 3 9 147,870 18 9 88,967 8 3 47,945 18 0 111,906 13 7 j 86,340 17 3 34,456 8 0 13,560 19 11 Net receipts (not including Native Trust Office withdrawals .. 335,721 19 8 25,402 11 11 61.511 6 4 33,548 7 3 99,406 15 1 75,680 10 5 29,439 5 3 10,733 3 5 and opening balances)

B.—l [PT. IV]. <

NATIVE DEPARTMENT.—DISTRICT MAORI LAND BOARDS—continued. Combined and Separate Receipts and Payments Statements for the Year ended 31st March, 1929—continued. Payments.

13— B. 1 [Pt. IV

97

| Totals - Tokerau. Maniapoto. Waiariki, Tairawhiti. Aotea. Ikaroa. South Island. £ s. d. £ s. d. . £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s d Payments to beneficiaries direct and through Post Office 186,063 0 4; .. 7,969 14 1 37,380 9 3 28,177 1 8 41,885 6 10 45,411 7 2 16,295 14 7 8 943 6 9 Miscellaneous payments on behalf of beneficiaries and 58,228 16 5 .. 12,236 6 2 21,226 12 5 500 1 3 16,695 5 0 4,094 15 10 16 4 '877 19 5 Boards (including payments on deposits, refunds, &c.) Instalment of principal and interest on Treasury loans 769 5 10 .. 618 5 10 .. .. .. 151 0 0 under Native Land Act, 1909, section 274 Advances from other Boards repaid .. .. .. 750 0 0 .. .. .. .. .. .. q a 245,811 2 7 Administration expenses .. .. .. .. .. 10,720 15 0 1,266 12 3 2,685 8 1 1,374 0 .5 1,941 17 0 1,715 14 9 1,138 4 2 598 18 4 22,090 18 4 61,292 9 9 30,051 3 4 60,522 8 10 51,372 17 9 20,031 15 1 11,170 4 6 Advances on overdraft to blocks, &c. .. .. 28,680 14 2 .. 19,754 15 3 0 10 9 8,845 13 3 .. .. 79 14 11 Morikau Farm overdraft .. .. .. .. 9,052 6 9 .. .. .. .. .. 9,052 6 9 Advances on deposit with Native Trustee .. .. 16,814 13 1 .. .. 3,814 13 1 .. .. 0 0 6,000* 0 0 Disbursements on behalf of East Coast Commissioner .. 25,068 5 1 .. .. .. .. 25,068 5 1 Advances to other Boards .. .. .. .. 2,000 0 0 .. .. 2,000 0 0 .. .. 81,615 19 1 19,754 15 3 5,815 3 10 8,845 13 3 25,068 5 1 16,052 6 9 6,079 14 11 Investments — Interest on Native Trust Office deposits capitalized .. 2,004 19 4 .. 116 17 6 1,722 10 2 .. 165 11 8 Mortgages .. .. .. .. .. 35,184 18 11 .. .. 600 0 0 7,919 5 0 22,642 0 11 1,325 0 0 1,65718 0 1 040 15 0 Purchase of land, buildings, office furniture and fittings 9,865 1 6 .. 4,791 12 0 4,798 15 6 25 11 5 30 13 0 124 3 7 94 6 0 47,054 19 9 Total payments .. .. .. .. 385,202 16 5 46,754 3 1 74,228 19 3 46,841 13 0 108,428 19 6 68,874 8 1 27,863 14 0 12,210 19 6 Cash balances, 31st March, 1929 — In hand and in bank .. .. .. .. 3,488 2 9 .. 24] 19 3 443 2 3 5 6 7 582 15 5 1,614 18 5 511 9 10 88 11 0 Post Office imprests .. •• .. 3,000 0 0 .. 275 0 0 800 0 0 475 0 0 500 0 0 500 0 0 275 0 0 175 0 0 Public Trust —Central Fund .. .. .. 39,358 4 7 .. 599 16 5 13,495 6 9 623 18 5 2,394 18 8 15,351 10 9 5,806 4 2 1,086 9 5 45,846 7 4 1,116 15 8 14,738 9 0 1,104 5 0 3,477 14 I 17,466 9 2 6,592 14 0 1,350 0 5 431,049 3 9 47,870 18 9 88,967 8 3 47,945 18 0 111,906 13 7 86,340 17 3 34,456 8 (T 13,560 19 11

B.—l [PT. IV],

NATIVE DEPARTMENT.—DISTRICT MAORI LAND BOARDS—continued. Income and Expenditure Accounts for the Year ended 31st March, 1929.

98

Total. Tokerau. | Walariki. Tairawhiti. Aotea. Ikaroa. j South Island. . . Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Net interest on investments .. .. .. .. .. 18,491 2 9 1,678 9 0 4,284 13 8 4,060 9 7 2,956 11 3 3,880 2 4 997 17 11 632 19 0 Board commissions .. .. .. .. .. .. 5,572 18 9 238 6 1 975 2 7 935 4 3 1,317 11 6 j 1,173 4 9 626 17 10 306 11 9 Sundry credits (registration fees, lease fees, &c.) .. .. .. 722 10 4 193 12 7 j 140 4 0 30 8 0 198 1 0 1 129 3 6 25 15 0 5 6 3 24,786 11 10 | 2,110 7 8 j 5,400 0 3 5,026 1 10 4,472 3 9 5,182 10 7 1,650 10 9 944 17 0 Expenditure. Expenses of management — Contribution towards expenses of Native Department .. .. 8,833 0 0 1,000 0 0 2,244 0 0 1,102 0 0 1,495 0 0 1,476 0 0 1,016 0 0 500 0 0 Audit Fees Reserve .. .. .. .. .. .. 370 0 0 80 0 0 95 0 0 60 0 0 30 0 0 80 0 0 15 0 0 10 0 0 Miscellaneous office and other management expenses .. .. 1,131 1 9 83 6 6 126 9 0 269 2 0 349 10 7 222 1 3 54 17 2 25 15 3 Depreciation on building and furniture .. .. .. .. 609 8 11 19 7 0 17 13 8 115 18 5 207 8 0 . 229 12 8 12 19 6 6 9 8 Balance (being surplus for year) transferred to Appropriation Account 13,843 1 2 92-7 14 2 2,916 17 7 3,479 1 5 2,390 5 2 3,174 16 8 551 14 1 402 12 1 24,786 11 10 | 2,110 7' 8 5,400 0 3 5,026 1 10 4,472 3 9 | 5,182 10 7 1,650 10 9 j 944 17 0 Appropriation Accounts for the Year ended 31st March, 1929. Total. Tokerau. Manlapoto Walariki. ! Tairawhiti. J Aotea. ' Ikaroa. South Island. j < j n Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Unappropriated balances at 1st April, 1928 .. .. .. .. 59,373 6 7 4,636 5 0 11,285 1 4 11,341 15 4 ! 10,504 16 4 19,787 5 6 j 1,202 13 0 615 10 1 Sundry office furniture and fittings, &c. (expenditure of previous year 131 11 1 33 17 0 71 16 7 16 13 0 7 10 0 .. ! 1 7 0 0 7 6 written off) Investments Reserve Account .. .. .. .. .. 2,224 8 5 .. .. , 165 18 8 .. 1,308 9 9 750 0 0 Surplus for year ended 31st March, 1929, from Income and Expenditure 13,843 1 2 927 14 2 1 2,916 17 7 | 3,479 1 5 j 2,390 5 2 3,174 16 8 551 14 1 402 12 1 Account 1 J 75,572 7 3 5,597 16 2 14,273 15 6 15,003 8 5 12,902 11 6 24,270 11 11 2,505 14 1 1,018 9 8 Expenditure. Appropriation during year — Investment Reserve Account .. .. .. .. .. 11,799 16 8 .. .. 4,285 18 7 .. 7,513 18 1 Sundry adjustments, previous years .. .. .. .. 2,248 16 4 60 12 2 2,134 5 5 9 18 0 24 7 9 2 19 6 9 17 6 6 16 0 Purchase of land, buildings, office furniture, and fittings, &c. .. 8,756 9 11 4,245 5 9 ! 4,252 9 3 25 11 5 37 3 11 101 13 7 62 17 4 31 8 8 Mortgage Investment Depreciation Reserve .. .. .. 200 0 0 .. | .. .. .. 200 0 0 Unappropriated balances at 31st March, 1929 .. .. .. 52,567 4 4 l,29i'l8 3 7,887 0 10 10,682 0 5 ! 12,840 19 10 16,452 0 9 2,432 19 3 980 5 0 75,572 7 3 5,597 16 2 j 14,273 15 6 ! 15,003 8 5 12,902 11 6 | 24,270 11 11 2,505 14 1 1,018 9 8

B.—i r?T. iv

99

NATIVE DEPARTMENT.—DISTRICT MAORI LAND BOARDS—continued. Revenue Accounts for the Year ended 31st March, 1929. Interest Account.

—- Totals. Tokerau. Maniapoto Waiariki. Tairawhiti. ; Aotea. Ikaroa. South Island. Revenue. £ s. d. £ a. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Interest on amounts held and invested under Native Land Amendment 4,689 2 4 , 110 11 0 1,684 11 6 78 15 0 214 15 3 1,012 1 4 1,567 5 9 21 2 6 Act, 1913, section 92, and other amounts specially invested (allocated in full as per contra) Interest received on amounts on deposit with Native Trustee .. .. 11,895 17 3 1 438 8 3 3,537 3 3 2,977 13 6 468 19 10 3,409 0 9 580 5 7 484 6 1 Interest received on amounts on deposit with Public Trust Office .. 765 8 0 14 1 7 286 19 4 42 7 2 54 10 2 267 4 2 1 56 1 1 44 4 6 Interest on overdrafts .. .. .. .. .. .. 1,101 14 5 9 1 11 139 19 2 160 8 5 150 7 2 640 8 1 .. 1 9 8 Interest on other investments .. .. .. .. .. 10,498 13 2 1,755 3 7 1,134 7 11 880 0 6 3,464 18 10 1,307 19 11 1,709 1 4 247 1 1 28,950 15 2 2,327 6 4 i 6,783 1 2 j 4,139 4 7 4,353 11 3 6,636 14 3 ! 3,912 13 9 798 3 10 Expenditure. Interest allocated in full on amounts held under Native Land Amendment 4,689 2 4 110 11 0 1,684 11 6 78 15 0 214 15 3 1,012 1 4 1,567 5 9 21 2 6 Act, 1913, and on other amounts specially invested (as per contra) Other interest allocated to sundry blocks, &c. .. .. .. 5,770 10 1 538 6 4 813 16 0 .. 1,182 4 9 1,744 10 7 1,347 10 I 144 2 4 Balance transferred to Income and Expenditure Accounts .. .. 18,491 2 9 1,678 9 0 4,284- 13 8 4,060 9 7 2,956 11 3 3,880 2 4 997 17 11 632 19 0 28,950 15 2 2,327 6 4 | 6,783 1 2 | 4,139 4 7 i 4,353 11 3 6,636 14 3 ; 3,912 13 9 798 3 10

B.—l [Pt. IV],

100

NATIVE DEPARTMENT.—DISTRICT MAORI LAND BOARDS—continued. Combined and Separate Balance-sheets as at 31st March, 1929. Liabilities.

Totals. Tokerau. >Sniapoto Waiariki. Tairawhiti. Aotea. j Ikaroa. | South Island. | Liability to Native beneficiaries — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Amounts held under Native Land Amendment Act, 1913, section 92— Specially invested (section 9 (1), 1926) .. .. 48,606 17 5 .. .. 6,700 9 4 .. 10,230 9 7 19,412 10 0 11,413 8 6 850 0 0 Specially invested (section 9 (2), 1926) ,, .. 48,981 4 2 .. .. , 22,81"1 4 2 1,500 0 0 .. 12,370 0 0 12,150 0 0 150 0 0 Not specially invested .. .. .. .. 43,011 0 10 .. 77 11 3 .. .. 4,698 19 11 22,349 6 5 13,298 8 11 2,586 14 4 140,599 2 5 Other amounts held — Specially invested (section 9 (1), 1926) .. .. 22,888 5 3 .. 5,147 13 8 4,244 0 1 .. .. 9,511 11 6 3,985 0 0 Specially invested (section 9 (2), 1926) .. .. 26,234 12 6 .. .. 6,227 12 6 .. .. 4,017 0 0 15,990 0 0 Not specially invested .. .. .. .. 326,133 6 10 .. 31,690 14 6 96,572 0 4 61.128 1 2 67,511 9 8 51,730 8 4 9,387 5 1 8,113 7 9 375,256 4 7 Sundry amounts held on deposit and in suspense .. 2,300 13 0 .. 2,017 19 9 94 5 8 128 4 11 .. .. 55 2 8 5 0 0 Sundry creditors .. .. .. .. .. 2,381 19 1 .. 276 2 0 0 6 7 43 18 0 .. 2,055 12 6 6 0 0 Trust receipts receivable (as per contra) .. .. 66,214 16 0 .. 1,538 12 li 17,651 14 7 4,029 6 3 .. 39,288 3 2 1,106 8 1 2,600 11 0 Commission receivable (not yet earned) .. .. 1,032 14 1 .. 47 12 2 .. 187 15 11 .. 710 4 2! 6 17 10 80 4 0 Treasury loans under Native Land Act, 1909, section 274 13,367 12 4 .. 12,126 1 1 .. .. 1,241 11 3 Loan liability on blocks .. .. .. .. 37.376 1 8 .. 4,206 5 3 .. .. 33,169 16 5 122,673 16 2 Reserves — Property Reserve .. .. .. .. 33,633 17 6 .. 5,013 5 7 5,000 17 2 2,750 4 10 7,616 2 10 12,983 15 2 189 19 2 79 12 9 Investments Reserve .. .. .. .. 34,340 6 7 .. .. 12,716 2 6 13,067 19 4 .. 8,556 4 9 Property Realization Reserve .. .. .. 200 0 0 .. .. .. .. .. 200 0 0 Audit Fees Reserve .. .. .. .. 580 0 0 .. 80 0 0 95 0 0 110 0 0 30 0 0 240 0 0 15 0 0 10 0 0 Depreciation Reserve .. .. .. .. 3,043 18 1 .. 71 6 10 64 16 0 492 4 0 807 19 6 1,570 17 1 25 15 9 10 18 11 ! 71,798 2 2 Appropriation Account .. .. .. .. .. 52,567 4 4 1,291 18 3 7,887 0 10 10,682 0 5 12,840 19 10 16,452 0 9 2,432 19 3 980 5 0 762,894 9 8 63,585 3 3 [175,821 9 8 98,363 14 11 jl03,736 1 4 226,347 10 0 75,588 16 9 19,451 13 9

B.—l [Pt. IV].

R. N. Jones, Under-Secretary. I hereby certify that the Statement of Receipts and Payments, Income and Expenditure Account, Appropriation Accounts, and Balance-sheet have been duly examined and compared with the unaudited accounts and Balance-sheets of the respective Maori Land Boards submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowlek, Deputy Controller and Auditor-General.

NATIVE DEPARTMENT.—DISTRICT MAORI LAND BOARDS—continued. Combined and Separate Balance-sheets as at 31st March, 1929—continued. Assets.

101

—— ; Totals. Tokerau. Mardapoto Waiariki. Tairawhiti. Aotea. Ikaroa. South Island. I ! I I I Cash balance, 1st April, 1929 — £ s d £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. In hand and in bank .. .. .. .. 3 ; 4 8 g 2 9 .. 241 19 3 443 2 3 5 6 7 582 15 5 1,614' 18 5 511 9 10 88 .11 0 Post Office imprests .. .. .. .. 3,000 0 0 .. 275 0 0 800 0 0 475 0 0 500 0 0 500 0 0 275 0 0 175 0 0 Public Trust (Central Fund) .. .. .. 39,358 4 7 .. 599 16 5 13,495 6 9 623 18 5 2,394 18 8 15,351 10 9 5,806 4 2 1,086 9 5 ! 45,846 7 4 1,116 15 8 14,738 9 0 1.104 5 0 3,477 14 1 17,466 9 2 6,592 14 0 1,350 0 5 I Investments — Trust mortgages (section 9 (1), 1926) .. .. 156,011 3 8 .. 35,325 18 1 12,984 9 6 4,244 0 I 60,271 16 0 17,425 0 0 20,925 0 0 4,835 0 0 Trust mortgages (section 9 (2), 1926) .. .. 72,000 8 9 .. 77 11 3 25,745 17 6 1.500 0 0 .. 16,387 0 0 28,140 0 0 150 0 0 Other investments — New Zealand Government inscribed stoct .. .. 27,540 0 0 .. •• 1,240 0 0 .. 25,000 0 0 1,300 0 0 New Zealand Government war-loan debentures .. 2,000 0 0 .. •• •• •• 500 0 0 1,500 0 0 On deposit with Native Trustee .. .. .. 15 6 .! 932 1 1 76,814 2 3 62,839 8 6 6,987 13 5 76,935 0 0 13,665 2 10 10,187 7 5 Company debentures under Native Land Amendment 42 6 8 .. • • • • • • ■ • 42 6 8 Act, 1920, section 29 Trust freehold property .. .. .. .. 5,799 18 2 .. 1,746 19 0 4.052 19 2 .. .. .. Board mortgages .. .. .. .. 26,784 1 10 .. •• 12,716 2 6 13,067 19 4 .. 1,000 0 0 538,538 14 7 38,082 9 5 133,553 10 11 81,651 7 11 92,259 9 5 113,589 6 8 64,230 2 10 15,172 7 5 Advances to other Boards .. .. .. .. ! 2.000 3 9 .. • • 2 000 3 9 Advances on overdraft to blocks .. .. .. ' 22J11 2 11 623 2 8 1L936 8 9 8,388 14 3 339 7 2 7,513 18 1 3,198 14 7 110 17 5 Morikau and other loan blocks .. .. .. . 37,376 1 § .. 4,206 5 3 .. .. .. 33,169 16 -5 Printing and stationery stock on hand .. .. 243 16 1 .. 43 10 0 10 1 4 36 7 4 43 7 10 37 0 9 28 19 2 14 9 8 Sundry debtors — Trust receipts (as per contra) — Rents •• ■■ •• •• |21,836 19 4 .. 1,426 18 11 8,692 3 4 3,807 7 1 .. 4,445 9 5 864 9 7 2,600 11 0 Royalties .. .. .. .. ... 26,089 15 2 .. .. ■■ •• I 26,089 15 2 Interest .. .. .. .. I 6;561 lg 9 __ 548 5 j 2;606 g 2 31 5 9 .. 3,282 18 7 49 6 6 43 11 1 Purchase-money instalments .. .. .. ' n 99] n 1 .. 76 16 3 6,083 6 6 168 16 4 .. 5,470 0 0 192 12 0 Accrued interest on investments .. .. j 440 10 8 .. 151 3 10 120 17 10 168 9 0 Board receipts — Sundry miscellaneous transactions .. I 251 17 0 .. 122 17 4 65 15 6 6 8 1 14 11 1 42 5 0 Interest, &c. .. .. .. .. .. 1,3,54 9 n .. .. 766 6 4 62 13 5 .. 332 14 1 192 16 1 Commission .. .. .. .. 1,249 15 2 .. 47 12 2 217 1 1 187 15 11 .. 710 4 2 6 17 10 80 4 0 131,507 17 11 7,246 11 6 22,528 12 7 12,857 17 2 382 15 0 81,066 7 9 4,576 0 9 2,849 13 2 Land and buildings .. .. .. .. 30,446 14 11 .. 4,753 15 9 4,753 15 9 2,149 1 9 6,740 14 2 12,049 7 6 Office furniture and fittings .. .. .. .. 3;187 2 7 ... 259 9 10 247 1 5 601 3 1 875 8 8 934 7 8 189 19 2 79 12.9 ; 33,633 17 6 5,013 5 7 5,000 17 2 2,750 4 10 7,616 2 10 12,983 15 2 189 19 2 79 12 9 Loans from Treasury under Native Land Act, 1909, sec- .. 13,367 12 4 12,126 1 1.. .. .. 1,241 11 3 tion 274, charged on blocks ! 762,894 9 8 63,585 3 3 175,821 9 8 98,363 14 11 103,736 1 4 226,347 10 0 75,588 16 9 19,451 13 9

K,-i [PT. ivj.

102

NATIVE TRUST OFFICE. Revenue Account fob the Year ended 31st March. 1929. Dr. Cr. To Salaries. £s. d. £ s. d. By Net interest, commission, fees, and other £ s. d. Permanent .. .. .. 8,642 3 5 income .. .. .. .. 14,946 19 4 Non-permanent .. .. 464 18 2 9,107 1 7 Additions, improvements, repairs, maintenance, and insurance of office premises and plant— Office furniture and fittings .. 18 1 4 Office instruments and machinery 15 5 5 Office premises .. .. 3 17 11 Office insurances .. .. 8 12 6 Motor-vehicles . .. .. 287 6 3 333 3 5 Audit fee .. .. .. .. .. 50 0 0 Native Trust Office Board —Fees to members .. 30 0 0 Postages, telegrams, and rent of boxes .. 187 18 8 Post and Telegraph Department—Payment for services .. .. .. .. .. 100 1 6 Printing and stationery .. .. .. 229 3 2 Public Service Superannuation Fund, contribution towards .. .. . . .. 165 10 11 Rent . . .. .. .. .. 501 0 0 Services for cleaning, &c. .. .. .. 153 12 0 Telephone charges .. .. .. .. 110189 Travelling-expenses .. .. .. 390 9 0 Contingencies .. .. .. .. 2126 Agent's commission .. .. .. 10 0 0 Legal expenses .. .. .. .. 32 19 0 Depreciation of office fittings, furniture, plant, &c. 321 711 Net profit to Appropriation Account .. ..3,221 011 £14,946 19 4 £14,946 19 4 Appropriation Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Reserve and Assurance Fund .. .. 2,899 0 11 By Net profit for year ended 31st March, 1929, Investment Fluctuation Fund .. .. 322 0 0 transferred .. .. .. .. 3,221 0 11 £3,221 0 11 £3,221 0 11 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Amounts held under—• £ s. d. Sundry assets— £ s. d. £ s. d. West Coast Settlement Reserves Act, 1892 .. 55,194 11 0 Office fittings, furniture, plant, Native Reserves Act, 1882 .. .. .. 53,206 4 6 &e. .. .. .. 912 13 2 Native Land Act, 1909, Part X .. .. 120,912 19 9 Less depreciation .. 321 7 11 Native Land Act, 1909— £ s. d. 591 5 3 Miscellaneous .. .. 288,101 2 6 Stationery .. .. .. .. 147 810 On special investment .. 3,000 0 0 • — 291,101 2 6 738 14 1 Native Trustee Act, 1920, and amendments .. 36,500 18 1 Stocks, bonds, debentures, and Miscellaneous funds .. .. 89,644 16 5 other securities. £s. d. Local bodies'securities .. 167,790 0 0 646,560 12 3 Mortgages, including special Native Trustee Act, 1920, sec- investments .. .. 544,803 4 7 tion 17— £ s. d. Properties acquired .. 3,630 3 5 Advances under .. .. 33,000 0 0 716,223 8 0 Interest accrued .. .. 452 6 1 Interest and rent due and accrued .. .. 15,643 11 6 — 33,452 6 1 Sundry debtors .. .. .. .. 27,133 7 7 Sundry creditors .. .. .. .. 100 4 7 Suspense Account—Realizations, &c., being written Writings-off in Suspense .. .. .. 480 0 0 off .. .. .. .. .. 480 0 0 Reserve and Assurance Fund .. .. .. 76,112 10 7 Balances — £ s. d. Investment Fluctuation Fund .. .. 6,580 2 6 At bank .. .. .. 1,660 142 In agent's hands .. .. 1,384 9 4 Cash in hand .. .. 21 11 4 3,066 14 10 £763,285 16 0 £763,285 16 0 W. E. Rawson, Native Trustee. R. Sinel, A.R.A.N.Z., Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.

103

B.—l [PT. IV],

NAURU AND OCEAN ISLANDS ACCOUNT. Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Interest on debentures .. .. .. 25,949 13 11 By Annual payment from British Phosphate ComAdministration charges .. .. .. 500 0 0 mission .. .. .. .. 35,848 11 2 Audit charges .. .. .. .. 5 0 0 Interest on investments .. .. .. 343 16 2 Balance (to Appropriation Account).. .. 9,737 13 5 £36,192 7 4 ' £36,192 7 4 Appropriation Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Sinking Fund Reserve Account .. .. 9,898 17 3 By Balance, Ist April, 1928 .. .. .. 16,141 5 8 Balance, 31st March, 1929 .. .. .. 15,980 110 Revenue Account.. .. .. .. 9,737 13 5 £25,878 19 1 £25,878 19 1 : - Balance-sheet as at 31st March, 1929. Liabilities. 1 Assets. Loan raised under section 15 of £ s. d. £ s. d. Share (16 per cent. Nauru and Ocean Islands £ s. d. Finance Act, 1920 .. . . 600,000 0 0 phosphate rights (at cost) .. .. .. 565,040 0 0 Less debentures redeemed .. 77,880 0 0 Proportion of annual payment from British 522,120 0 0 Phosphate Commission and other interest 1 nterest accrued .. .. .. .. 8,582 15 10 accrued but not due .. .. .. 27,108 10 10 Reserve Account .. .. .. .. 42,920 0 0 , Investments— £ s. d. Sinking Fund Reserve Account .. .. 15,850 15 6 Nauru and Ocean Islands Appropriation Account .. .. .. 15,980 110 Account .. .. 3,200 0 0 Nauru and Ocean Islands Sinking Fund Account .. 10.000 0 0 13,200 0 0 Cash— Nauru and Ocean Islands Account.. .. .. 83 11 11 Nauru and Ocean Islands Sinking Fund Account .. 21 10 5 105 2 4 £605,453 13 2 £605,453 13 2 The accounts of the British Phosphate Commission for the year ended 30th June, 1928, are published herewith. 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 comment is appended : New Zealand's share of profits earned by the Commission has been used for capital developments, but is not included in the accounts. —G. F. C. Campbell, Controller and Auditor-General. THE BRITISH PHOSPHATE COMMISSIONERS. Trading Account for the Year ended 30th June, 1928. Dr. £ s. d. Cr. £ s. d. To F.o.b. cost of phosphate, including interest on By Phosphate sales and sundry credits, less capital, contribution to a sinking fund for freight and insurance, &c. .. .. 666,991 17 9 the redemption of capital, and other charges in accordance with Article 11 of Agreement of 2nd July, 1919 .. .. 659,122 5 9 Government Appropriation Account .. 7,869 12 0 £666,991 17 9 £666,991 17 9 Balance-sheet as at 30th June, 1928. Liabilities. £ s. d. Assets. £ s. d. United Kingdom Government .. .. 1,432,667 1 1 Nauru and Ocean Islands phosphate rights, Commonwealth Government .. .. 1,432,667 1 1 buildings and plant, and steamer "Nauru New Zealand Government .. .. 545,777 19 2 Chief," less reserves for depreciation and other charges in accordance with Article 11 3,411,112 1 4 of Agreement of 2nd July, 1919 .. .. 2,687,712 1 3 Sinking fund for redemption of capital. .. 120,387 18 8 Sundry debtors and bills receivable .. 346,916 8 7 Sundry creditors and outstandings .. .. 233,204 0 5 Voyages in progress .. .. .. 6,644 13 9 Government Appropriation Account .. 7,869 12 0 Phosphate and goods in transit .. .. 232,344 111 Stocks at Nauru, Ocean Island, and elsewhere 257,690 17 8 Cash at banks and in hand .. .. 241,265 9 3 £3,772,573 12 5 £3,772,573 12 5 We have examined the foregoing Balance-sheet with the books and vouchers of the British Phosphate Commissioners and the audited accounts from London. We have accepted the certificates of officers of the Commissioners for the valuation of the stocks. We have obtained all the information and explanations we have required. In our opinion the Balance-sheet is properly drawn up so as to exhibit a true and correct view of the state of the Commissioners' affairs according to the best of our information and the explanations given to us and as shown by the books of the Commissioners. —Kent, Bbierley, and Sully, Chartered Accountants (Aust.), Auditors. —Melbourne, 15th November, 1928.

B.—l [PT. IV].

104

NAVAL DEFENCE. Income and Expenditure Account foe the Yeae ended 31st March, 1929. Expenditure. \ Income. £ s. d. £ s. d. £ s. d. By Purchases of discharge of New Zealand ratings 281 0 0 To Salaries, wages, and overtime .. 233,! 68 7 9 Balance carried down .. .. 4 80,956 11 6 Clothing and victualling .. 31,892 2 1 Add writings-off .. .. 1,787 211 33,679 5 0 Kit upkeep and leave allowance .. 13,521 2 2 Medical services .. .. .. 1,719 11 3 j Repairs to H.M. ships .. .. 33,313 9 9 Fuel and lighting, and oiler " Nucula " 9,793 19 0 j Coal and oil fuel .. .. 26,050 14 6 £ s. d. Stores, naval .. .. 42,650 1 9 Add writings-off .. .. 277 19 7 42,928 1 4 Maintenance of stores .. .. 55 5 7 Works on Naval Base at Devonport .. 1,823 3 11 Reserves —Courses of instruction .. 12,304 0 5 Advertising .. .. .. 772 .19 5 Freight .. .. .. .. 6,026 15 5 Passages and travelling-expenses .. 18,613 8 9 Training in England .. .. 2,097 12 10 £ s. d. Deferred pay .. .. 39,726 5 0 Less deferred pay forfeited 652 7 8 39,073 17 4 Panama Canal dues .. .. 1,150 13 3 Miscellaneous items .. .. 208 15 2 Depreciation .. .. .. 4,93688 £481,237 11 6 " £481,237 11 6 £ s. d. To Balance brought down .. .. .. 480,956 11 6 By Recoveries on account of expenditure of £ s. d. Contribution to Singapore Base .. .. 125,000 0 0 previous years .. .. .. 273 18 4 Interest on capital .. .. .. 9,510 19 8 Balance .. .. .. .. 615,193 12 10 £615,467 11 2 £615,467 11 2 Note. —Included in the above account is a charge for interest on capital which is not reflected in the Navy Office's appropriations. Balance-sheet as at 3Lst March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Account, Ist April, 1928.. .. 211,355 3 9 Land at Devonport .. .. .. 15,505 0 0 Creditors — £ s. d. Buildings .. .. .. .. .. 46,848 0 0 Departmental .. .. 903 19 0 Plant and fittings .. .. .. .. 33,957 15 3 Sundry .. .. .. 5,222 1 1 Stores .. .. .. .. .. 107,104 710 6,126 0 1 Sundry debtors —Departmental .. .. 10 12 5 Depreciation Reserve Account .. .. 5,218 II 4 Assets in suspense .. .. .. .. 805 14 i Amounts held on deposit— £ s. d. Deposits Account — £ s. d. Imperial stamps and postal Imperial stamps .. .. 449 13 6 orders .. .. .. 44-9 13 6 Naval remittances .. .. 3,607 15 1 Remittances .. .. 3,607 15 1 Public Trustee'—Deferred pay.. 42,039 14 10 Deferred pay .. .. 42,039 14 10 46,097 3 5 46,097 3 5 Excess of expenditure over income .. .. 615,193 12 10 Treasury Adjustment Account .. .. 595,919 13 2 Writings-off Suspense Account .. .. 805 14 2 £865,522 5 11 £865,522 5 11 V. Webstee, Naval Secretary. 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.

105

B.—l fPT. IV].

POLICE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. \ Jwome. To Administrative charges— £ s, d. £ B. d. ! £ s. d. £ s. d. Salaries .. .. 359,374 10 11 By Subsidies from local todies .. 2,640 10 0 Kent .. .. .. 3,714 14 4 License fees, Arms Act .. 2,075 16 0 Office expenses .. .. 846 16 8 Sale of confiscated firearms .. 48 3 8 Printing and stationery .. 4,107 18 2 Sale of confiscated liquor .. 21 0 2 Postage and telegrams .. 4,402 13 1 Payment for special police Telephones .. .. 6,413 15 1 services .. .. .. 765 19 6 House allowances.. .. 23,415 4 0 —-— 5,551 15 4 Transfer expenses .. 3,234 2 2 Excess of expenditure over income .. 496,898 9 9 Travelling-expenses .. 14,796 14 5 420,306 8 10 Other charges— Upkeep of bicycles, horses, and motor-vehicles .. 8,976 411 Freight, cartage, &c. .. 147 7 10 Clothing, stores, &c. .. 8,754 8 3 Fuel, light, water, scavenging 4,594 15 7 Police prosecutions ... .. 1,235 19 8 Prisoners'rations.. .. 846 3 10 Maintenance and repairs to buildings, &c. .. .. 11,797 18 4 Rewards .. .. 72 1 6 Medical expenses .. .. 408 15 3 Police examinations .. 133 14 6 Compassionate allowances .. 457 15 3 Legal expenses .. .. 31 11 1 Expenses of Commission of Inquiry .. .. 159 19 5 Sundry expenses .. . . 35 17 0 37,652 12 5 Depreciation on— Buildings .. .. 10,682 18 10 Motor-vehicles .. .. 587 15 3 Furniture and fittings .. 742 17 2 Automatic pistols .. 636 8 0 Horses .. .. .. 101 9 6 Stores and equipment .. 853 6 4 13,604 15 1 Loss on buildings sold, &c. .. 471 18 0 Loss on stores sold, &c. .. 35 19 10 507 17 10 Interest on capital .. .. .. 30,378 10 11 £502,450 5 1 £502,450 5 1 Notts. —The accounts include charges for interest and expenditure on construction of buildings for which the Department possesses no parliamentary appropriation, and also credit for rent from the Valuation Department for which that Department possesses no parliamentary appropriation.

14- B. 1 [PT. TV],

B.—l [PT. IVI.

106

POLICE DEPARTMENT —continued. Balance-sheet as at 31st March, 1929. Liabilities. -4 ssets. Capital—Liability to Treasury at Ist £ s. d. Land— £ s. d. £ s. d. April, 1928 .. .. .. 675,078 16 10 Gross value at Ist April, 1928 .. 216,592 11 6 Treasury Adjustment Account .. 421,840 810 Additions .. .. .. 5,055 0 0 Creditors — £ s. d. Departmental .. 909 6 1 221,647 11 6 Sundry .. .. 1,848 410 Value ofland sold .. .. .. 105 0 0 2,757 10 11 221,542 11 6 Depreciation Reserve .. .. 95,414 10 11 Buildings— Gross value at Ist April, 1.928 .. .. 405,818 7 7 Additions .. .. . • 18,774 12 1 £ s. d. 424,592 19 8 Sale of buildings .. . . 500 0 0 Depreciation provided on buildings sold, &c. .. . ■ 248 2 0 748 2 0 423,844 17 8 Writings off Suspense Account—Loss on sales on buildings .. .. . • 1,006 6 0 422,838 11 8 Stores and equipment— Value at Ist April, 1928 .. .. 27,978 13 2 Additions .. .. . • 4,734 6 5 £ s. d. 32,712 19 7 Sales 188 15 8 Free issues .. .. 3,061 7 2 Worn out, &c. .. .. 1,971 0 0 5,221 2 10 27.491 16 9 Writings off Suspense Account —Loss on sales, &c. .. .. • • 146 3 0 27,345 13 9 Mechanical office appliances— Value at Ist April 1928 .. .. 773 6 10 Additions .. .. .. .. 60 14 0 £ s. d. 834 0 10 Sales .. .. ..080 Worn out, &c. .. .. 27 11 1 —— 27 19 1 806 1 9 Writings off Suspense Account —Loss on sales .. .. .. .. 8 6 0 797 15 9 Motor-vehicles Account— Gross value Ist April, 1928 .. .. 5,328 610 Additions .. .. .. .. 151 3 0 5,479 9 10 Horses—Value at 31st March, 1929 .. .. 154 0 0 Office furniture— Value at Ist April, 1928 .. .. 9,908 4 5 Additions .. .. .. .. 498 0 4 £ s. d. 10,406 4 9 Worn out, &e. .. .. 71 14 5 Sales .. .. .. 20 0 0 91 14 5 10,314 10 4 Automatic pistols— Value at 31st March, 1928 .. .. 8 ,485 6 6 Sale of ammunition .. . . . . 10 11 8,483 19 7 Official stamps on hand .. .. .. . 1,024 8 1 Debtors — Departmental .. .. . . 21 3 0 Sundry .. .. .. . . 190 14 3 — 211 17 3 Excess expenditure over income .. .. .. 496,898 9 9 £1,195,091 7 6 £1,195,091 7 6 At the 31st March, 1929, the proportion of police to population was 1 to 1,273, and the cost per inhabitant (exclusive of the cost of erection and maintenance of buildings, interest, and depreciation charges) was 6s. Ifd. for the year. R. F. Madi en. Chief Clerk. 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.—J. H. Fowler, Deputy Controller and Auditor-General.

107

B.—l [PT. TV].

POST AND TELEGRAPH DEPARTMENT. POSTAL BRANCH. Profit and Loss Account fob the Year ended 31st March, 1929. Dr. £ s. d. I Or. £ s. d. To Working-expenses .. .. .. 1,252,554 15 5 ; By Postages .. .. .. 1,144,729 10 8 Depreciation (c) .. .. .. 27,328 8 11 : Bents received (a) .. .. .. 7,751 10 0 Profit before charging interest on capital ' Private box and bag rents .. .. 30,813 8 5 carried down .. .. .. 53,390 8 1 Rural delivery fees .. .. .. 15,697 10 0 Money-order and postal-note commission .. 52,833 4 7 Miscellaneous revenue .. .. .. 81,448 7 3 £1,333,273 12 5 1 £1,333,273 12 5 £ s. d. £ s. d. To Interest on capital (6) .. .. .. 50,826 3 11 | By Profit brought down .. .. .. 53,390 8 1 Profit on year's working transferred to General Profit and Loss Account.. .. .. 2,564 4 2 £53,390 8 1 | £53,390 8 1 TELEGRAPH BRANCH. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 491,019 16 10 By Revenue .. .. .. .. 397,973 5 2 Depreciation (c) .. .. .. 36,305 3 5 Miscellaneous .. .. .. .. 27,084 2 5 Rent received (a) .. .. .. 996 15 9 Loss before charging interest on capital carried down .. .. .. .. 101,270 16 11 £527,325 0 3 £527,325 0 3 £ s. d. £ s. d. To Loss brought down .. .. .. 101,270 16 11 By Loss on year's working transferred to General Interest on capital (6) .. .. .. 27,553 1 2 Profit and Loss Account .. .. 128,823 18 1 £128,823 18 1 £128,823 18 1 TOLL BRANCH. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 173,080 1 7 By Revenue .. .. .. .. 442,895 16 11 Depreciation (c) .. .. .. .. 83,668 6 1 Rents received (a) .. .. .. 2,297 3 7 Profit before charging interest on capital carried down .. .. .. .. 188,444 12 10 £445,193 0 6 £445,193 0 6 £ s. d. £ s. d. To Interest on capital (6) .. .. .. 63,498 6 61 By Profit brought down .. .. .. 188.444 12 10 Profit on year's working transferred to General Profit and Loss Account .. 124,946 6 4 £188,444 12 10 j £188,444 12 10 TELEPHONE BRANCH. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 438,262 18 5 By Telephone revenue .. .. .. 1,124,217 18 3 Depreciation (c) .. .. .. 404,393 19 2 Rents received (a) .. .. .. 2,931 13 0 Profit before charging interest on capital carried down .. .. .. 284,492 13 8 £1,127,149 11 3 £1,127,149 11 3 £ s. d. £ s. d. To Interest on capital (b) .. .. .. 250,349 8 3 By Profit brought down .. .. .. 284,492 13 8 Profit on year's working transferred to General Profit and Loss Account .. 34,143 5 5 £284,492 13 8 £284,492 13 8

B.—l | I'T. IV].

108

POST AND TELEGRAPH DEPARTMENT—continued. WIRELESS BRANCH. Profit and Loss Account for the Year ended 31st March, 1929. Dr. , £ 8. d. Cr. £ s. d. To Working-expenses .. .. .. 8,985 4 1 By Revenue on wireless traffic .. .. 11,917 3 5 Depreciation (c) .. .. .. 3,588 12 7 Loss before charging interest on capital carried down .. .. .. .. 656 13 3 £12,573 10 8 £12,573 16 8 £ s. d. £ s. d. To Loss brought down .. .. .. 656 13 3 By Loss on year's working transferred to General Interest on capital (6) .. .. .. 2,069 13 9 Profit and Loss Account .. .. 2,726 7 0 £2,726 7 0 £2,726 7 0 SERVICE GARAGES. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Working-expenses .. .. .. 56,243 14 11 !By Revenue .. .. .. .. 76,445 13 4 Depreciation (c) .. .. .. 10,614 12 3 Profit before charging interest carried down.. 9,587 6 2 £76,445 13 4 £76,445 13 4 £ s. d. £ s. d. To Interest on capital (6) .. .. .. 3,748 12 3 By Profit brought down .. .. .. 9,587 6 2 Profit on year's working transferred to General Profit and Loss Account .. 5,838 13 11 £9,587 6 2 1 £9,587 6 2 General Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Telegraph Branch loss .. .. .. 128,823 18 1 By Postal Branch profit .. 2,564 4 2 Wireless Branch loss .. .. .. 2,726 7 0 Telephone Branch profit .. .. 34,143 5 5 Net profit .. .. .. .. 35,942 4 9 Toll Branch profit .. .. .. 124,946 6 4 Service garages .. .. .. 5,838 13 11 £167,492 9 10 | £167,492 9 10 General Profit and Loss Appropriation Account, 1928-29. Dr. £ s. d. | Cr. £ s. d. To Balance forward.. .. .. .. 7,360 4 6 By General Profit and Loss Account . 35,942 4 9 Balance .. .. .. 28,582 0 3 £35,942 4 9 i £35,942 4 9

POST AND TELEGRAPH DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Receipts and Expenditure on Capital Account.

B—l [PT. IV].

General Balance-sheet. Liabilities. Assets. £ s. d. Sundry creditors— £ s. d. £ s. d. Capital Account balance .. .. .. .. .. .. .. 1,547,738 2 5 Money-order payees for unpaid money-orders .. .. 79,286 10 1 Stock at stores, District Telegraph Engineers' and workshops, and in transit .. 465,411 17 11 Other administrations, on money - order, postal, and cable Sundry debtors— £ s. d. accounts .. .. .. .. .. .. 239,390 2 1 Other administrations, on money-order account .. .. 4,418 2 4 Postal-note payees, for unpaid postal notes .. .. .. 72,049 9 6 Government Departments .. .. .. 40,779 18 9 Sundry other creditors .. .. .. .. .. 392,353 11 8 Sundry other debtors .. .. .. .. .. 54,816 5 0 Other Government Departments .. .. .. .. 230,229 18 1 100,014 6 1 1,013,309 11 5 War Loan Certificate Account— Assets written oft Reserve Account .. .. .. .. .. 5,433 19 7 Investments held in Government loans .. .. .. .. .. 116,700 0 0 War Loan Certificate Account .. .. .. .. .. .. 138,304 17 0 Post Office Investment Certificate Account— Post Office Investment Certificate Account .. .. .. .. 1,191,032 3 11 Investments held in Government loans .. .. .. .. .. 1,141,330 0 0 Money-order Settlement Account .. .. .. .. .. .. 4,595 2 11 £ s. d. Imperial stamps and postal orders .. .. .. .. .. .. 449 13 6 Postmasters' balances .. .. .. .. .. 1,617,380 17 0 Postmasters—for advance to Postmasters of stamps, postal notes, British postal Less Savings-bank funds held in balances .. .. 321,299 6 4 orders, Post Office investment certificates, and other documents of value, including stocks held in the General Post Office .. .. .. .. 1,465,615 9 11 1,296,081 10 8 Depreciation Reserve (including maintenance and renewals, equalization reserve, Head Office Account, including cash in bank .. 958,214 15 11 telegraph, toll, and telephone systems) .. .. .'. .. .. 2,414,784 3 0 2,254,296 6 7 Fire Insurance Reserve .. .. .. .. .. .. 5,000 0 0 Assets written off Suspense Account .. .. .. .. .. 5,433 19 7 Profit and Loss Appropriation Account .. .. .. .. .. 28,582 0 3 Post Office investments under section 100 of the Post and Telegraph Act, 1928.. 515,410 0 0 Investment (Radio Broadcasting Company of New Zealand, Ltd.) ■■ 15,000 0 0 Interest accrued on investments .. .. .. •• •• .. 4,256 8 11 Loan-conversion Expenses Account .. .. •• .. .. 101,516 0 0 £6,267,107 1 6 £6,267,107 1 6 Notes, (a) Credit has been taken without appropriation for rents received. (6) Interest at 4J per cent, on capital as at 1st April, 1928, and per cent, on accretions for the year, (c) Depreciation has been allowed for on balance of assets as at 1st April, 1928, the total charge being carried to Depreciation Reserve. H. D. Edwards, A.I.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.— G. F. C. Campbell, Controller and Auditor-General.

109

2 J. • T . As at 31st March, Amount debited As at 31st March, r Capital as at 1st Amount received Capital as at 31st '• 1928. during Year.* 1929. April, 1928. Year 1928-29. March, 1929. To Expenditure on — £ s. d. £ s. d. £ s. d. By Receipts — £ s. d. £ s. d. £ s. d. Telegraph and toll systems, including 1,938,596 10 3 216,604 9 7 2,155,200 19 10 , Public Works Fund .. .. 10,609,490 12 5 831,289 13 10 works in progress Revenue contribution to capital outlay 828, 520 7 7 Telephone-exchange systems, includ- 6,282,690 5 1 1,127,238 5 9 7,409,928 10 10 ing works in progress 11,438,011 0 0! Wireless systems .. .. .. 49,953 19 3 3,684 3 3 53,638 2 6 Lessf .. .. .. .. 1,423,928 0 0: Buildings and sites .. .. 2,160,017 0 5 194,868 14 3 2,354,885 14 8 — j Plant and workshops .. .. 15,896 17 9 7,915 9 6 23,812 7 3 10,014,083 0 0 831,289 13 10 10,845,372 13 10 Motor-garages, &c. .. .. 224,931 15 0 677 16 7 225.609 11 7 Furniture and fittings .. .. 164,239 0 2 5,796 9 5 170,035 9 7 10,014,083 0 0 '831,289 13 10 10,845,372 13 10 Balance carried to General Balance- .. .. 1,547,738 2 5 : sheet ! _ 10,836,325 7 11 1,556,785 8 4 12,393,110 16 3 12,393,110 16 3 * Includes proportional cost of raising loans and Public Works administration expenses on capital expenditure prior to 1st April, 1928. f Amount of surplus funds paid to Consolidated Fund prior to 1st April, 1928, treated as repayment of capital under section 103, subsection (3), of the Post and Telegraph Act, 1928.

B.—l [PT. IV].

110

POST AND TELEGRAPH DEPARTMENT—continued. NEW ZEALAND POST OFFICE SAVINGS-BANK. Profit and Loss Account foe the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. £ s. d. To Interest credited to depositors'accounts .. 1,745,050 5 4 By Interest received .. 1,922,247 13 2 Management expenses .. .. .. 108,811 12 0 Plus interest accrued to Balance carried to Appropriation Account 81,657 1 1 31st March, 1929 .. 558,698 14 2 2,480,946 7 4 Less interest accrued on 31st March, 1928 .. 547,779 1 3 1,933,167 6 1 Sundry receipts .. .. .. 2,351 12 4 £1,935,518 18 5 £1,935,518 18 5 Appropriation Account. Dr. £ s. d. Cr. £ s. d. To Savings-bank profits paid to Consolidated Fund 67,868 18 2 By Balance brought forward .. .. .. 27,868 18 2 Balance carried forward .. .. .. 41,657 1 1 Profit and Loss Account .. .. .. 81,657 1 1 £109,525 19 3 £109,525 19 3 Balance-sheet as at the 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Balance at credit of depositors'accounts .. 48,644,217 0 6 Cash on hand and at bank .. .. 321,299 6 4 Letters of credit and other liabilities .. 5,525 15 8 Investments (at cost price).. .. .. 48,810,741 16 9 Reserve Fund .. .. .. .. 1,000,000 0 0 Sundry debtors .. .. .. .. 660 0 0 Profit and Loss Appropriation Account .. 41,657 1 1 Interest accrued on investments .. .. 558,698 14 2 £49,691,399 17 3 £49,691,399 17 3 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 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.

111

B— 1 \Vi\ TV],

PRIME MINISTER'S DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 2,625 0 0 By Balance carried down .. .. .. 12,080 4 0 League of Nations .. .. .. 9,923 2 5 Printing and stationery .. .. .. 125 13 5 Sundries .. .. .. . . 306 8 2 £12,980 4 0 £12,980 4 0 £ s. d. £ s. d. To Balance brought down .. .. .. 12,980 4 0 By Balance .. .. .. 14.016 17 11 Rent .. .. .. .. .. 704 0 0 Depreciation .. .. . . .. 202 2 8 Interest on capital .. .. .. 130 11 3 £14,016 17 11 £14,016 17 11 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Fixed capital .. .. .. .. 2,901 7 0 Furniture and fittings .. .. .. 2,191 1 3 (Creditors — £ s. d. Mechanical appliances .. .. . . 122 10 0 Departmental .. .. ..22 9 8 Library .. .. .. .. .. 711 5 0 Sundry .. .. .. ..2 6 9 Excess of expenditure over income .. .. 14,016 17 11 24 16 5 Depreciation Reserve .. .. .. 202 2 8 Treasury Adjustment Account .. .. .13,913 8 I £17,041 14 2 £17,041 14 2 Note. —The. following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental assessed by the Public Works Department; (h) interest on capital at 4} per cent. ; (c) the accounts include transfer of assets from other Departments for which no parliamentary authority is provided. F. D. Thomson, Permanent Head. F. B. Dwyer, Acting 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. —I TPT. TVI.

112

PRINTING AND STATIONERY DEPARTMENT. Trading Account foe the Yeae ended 31st Maech, 1929. Dr. Cr. To Paper and materials — £ s. d. £ a. d. By Sales — £ s. d. Stock at beginning .. 28,719 8 7 Manufacturing .. .. .. 184,270 17 9 Add purchases .. .. 33,914 17 6 Less work in progress, 31st March, 1928 .. 13,460 510 62,634 6 1 170,810 11 11 Less stock on hand, 31st Add work in progress, 31st March, 1929 .. 15,249 14 6 March, 1929 .. .. 25,221 9 6 37,412 16 7 186,060 6 5 Stationery— Stationery and publications .. .. 39,017 7 5 Stock at beginning .. 15,106 17 5 Typewriters .. .. .. .. 4,909 15 6 Add purchases .. .. 29,229 14 1 — 229,987 9 4 44,336 11 6 Discounts received .. .. .. 192 5 0 Less stock on hand, 31st March, 1929 .. .. 15,532 0 5 28,804 11 1 Typewriters— Stock at beginning .. 1,459 14 0 Add purchases .. .. 3,613 7 7 5,073 1 7 Less stock on hand, 31st March, 1929 .. .. 645 15 0 4,427 6 7 Wages (productive) .. 84,157 8 0 Wages (establishment) .. 28,507 1 2 Wages (Stationery Office) .. 5,826 510 Freight (inward) .. .. 6,224 18 9 Lighting (proportion) .. 666 0 4 Power .. .. .. 759 0 1 Fuel .. .. .. 764 15 4 Water .. .. .. 185 15 0 127,091 4 6 Balance transferred to Profit and Loss Account .. .. .. .. 32,443 15 7 £230,179 14 4 | £230.179 14 4 Profit and Loss Account foe the Yeae ended 31st Maech, 1929. Dr. £ s. d. I Cr. £ s. d. To Office salaries .. .. .. .. 6,591 15 1j By Balance transferred from Trading Account- .. 32,443 15 7 Repairs and alterations to buildings and plant.. 1,349 6 4 Storing and handling stationery, &c., for other Postages and telegrams .. .. .. 1,509 9 1 ! Government Departments .. .. 651 19 2 Freight (outward) .. . . .. 1,835 010 Commission on sales of publications.. .. 3,144 0 7 Insurance . . .. . . . . 178 8 91 Rents receivable .. . . . . . . 392 5 0 Exchange .. .. .. .. 015 3 j Interest receivable .. .. .. 51 15 11 Discounts allowed .. . . . . 95 8 9 ! Telephones (rental) .. .. .. 133 11 2 Medical services .. .. . . . . 179 2 9 j Lighting (proportion) .. .. . . 40 0 0 Proportion of rent, &c.. High Commissioner's Office .. . . .. . . 360 0 0 | Office expenses . . . . .. .. 312 8 1 Audit fee .. . . . . . . 100 0 0 ; Wages—Charwomen and watchmen.. . . 2,021 15 7 Interest on capital .. .. .. 10,383 10 9 , Depreciation . . .. .. .. 8,410 11 0 ' Compassionate allowances to widows of deceased officers .. .. .. 340 0 0 Grant in lieu of leave of absence .. .. 29 5 0 Balance carried down .. .. .. 2,813 710 £36,683 16 3 . £36,683 16 3 Note.—lnterest at the rate of 4|- per cent, has been charged on capital for which the Department has no parliamentary appropriation.

113

B—l [PT. IV].

15— B. 1 [PT. IV].

PRINTING AND STATIONERY DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 230,745 5 2 Land .. .. „ .. .. 60,600 0 0 Creditors —■ £ s. d. Buildings .. .. .. .. .. 47,532 10 3 Departmental .. .. 4,541 8 7 Plant and machinery—- £ s. d. Sundry .. .. .. 2,440 6 9 Composing plant .. .. 464 9 4 6,981 15 4 Monotype plant .. .. 8,612 15 2 Wages accrued .. .. .. .. 624 18 3 Addressograph plant .. 659 15 0 Bad Debts Reserve .. .. .. .. 197 15 9 Printing plant .. .. 23,925 18 7 Depreciation Reserve .. .. .. 33,550 211 Binding plant .. .. 12,109 9 3 Writing-off Suspense Account .. .. 167 11 6 Litho plant .. .. 3,099 9 8 Balance, Profit and Loss Account .. .. 2,813 7 10 Photo plant .. .. 1,644 15 8 Stereotype plant .. .. 1,739 14 6 Engine-room plant .. 1,557 3 9 Miscellaneous plant .. .. 6,196 16 8 60,010 7 7 Furniture, fittings, and office equipment .. .. .. .. 2,194 7 6 Type .. .. .. .. 9,127 14 0 Accessories — Composing Branch .. .. 3,389 10 7 Addressograph Branch .. 48 0 0 Printing Branch .. .. 76 8 11 Binding Branch .. .. 813 8 0 Litho Branch .. .. 200 9 6 Photo Branch .. .. 62 10 3 Stereotype Branch .. .. 14 13 8 Engine-room .. .. 57 19 9 Paper-store .. .. 62 1 1 4,725 1 9 Payments in advance .. .. .. 2 16 8 Debtors — Departmental .. ..22,115 6 3 Sundry .. .. .. 2,253 19 5 24,369 5 8 Work in progress .. .. .. .. 15,249 14 6 Old stores for disposal .. .. .. 13 19 0 Stock on hand .. .. .. .. 41,399411 Stock Suspense Account .. .. .. 89 14 11 Assets to be written off .. .. .. 78 3 8 Treasury Adjustment Account .. .. 9,687 16 4 £275,080 16 9 £275,080 16 9 Public Works Department administration expenses (£25) are included for which the Department has no parliamentary appropriation. E. V. Paul, A.R.A.N.Z., Accountant. I hereby certify that the 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

B.—l [Pt. IV],

114

PRISONS DEPARTMENT. Gross Income and Expendiutre Account for the Year ended 31st March, 1929. Expenditure.

w Point j i Minor Gaols Total. Addington. | Auckland. j Hautu. ! Invercargill. Napier. I i'aparua. Halswel! Rangipo. Waikcria. Waikune. Wanganui. | Wellington. j Wi Tako. j and Police To Opening stocks— £ 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. I £ s. d. £ s. d. Loose tools .. .. .. 1,304 18 3 21 16 6 301 15 3 15 1 0 115 16 8» 13 17 0 48 19 10 425 4 1 22 19 0 .. 125 11 1 25 8 2 18 10 0 79 5 11 41 15 3 48 18 6 Clothing and bedding on issue .. 14,075 5 6 373 12 7 3,043 19 2 1,193 12 5 2,284 19 1 132 16 7 500 18 10 1,303 15 3 507 17 10 523 18 8 1,328 4 8 788 6 2 239 18 6 882 15 8 559 18 7 410 11 6 Stocks in local stores .. .. 7,419 7 0 237 12 3 1,381 15 8* 162 5 7 1,705 0 4 100 10 10 304 11 6 428 0 1 472 8 3» 27 8 1 748 16 10 541 17 11 61 1 11 838 12 9 408 3 7* 1 1 5 22,799 10 9 633 1 4 4,727 10 1 1,370 19 0 4,105 16 1 247 4 5 854 10 2 2,156 19 5 1,003 5 1 551 6 9 2,202 12 7 1,355 12 3 1 319 10 5 1,800 14 4 I 1,009 17 5 460 11 5 Salaries, allowances, and uniforms .. 57,964 13 3 801 5 5 14,208 7 6 887 7 9 9,943 12 4 757 7 10 2,016 7 11 6,039 10 11 2,014 1 3 430 2 5 5,104 3 9 2,541 17 7 1,316 6 8 8,251 14 7 2,346 12 6 1,305 14 10 Advertising, books, newspapers, &c. .. 205 1 11 5 14 7 40 6 0 7 13 10 39 7 3 2 11 0 3 18 0 8 2 1 4 2 8 8 4 3 28 4 8 15 17 5 8 1 3 21 12 11 8 1 0 3 5 0 Clothing, bedding, furniture, &c. .. 9,565 19 5 119 13 5 2,343 19 10 142 4 8 1,998 8 2 136 19 5 252 17 4 663 3 8 212 11 8 143 18 0 1,660 17 9 951' 7 9 137 17 5 564 4 10 160 1 4 77 14 2 Gratuities to prisoners on release .. 182 20 440 78 12 6 .. 660 240 6 17 6 17 80 111 6 .. .. .. 416 45 10 2 15 0 13 10 Wages to prisoners'dependants .. 11,019 13 8 .. 3,172 1 9 860 18 0 74 6 0 61 15 6 191 11 6 1,336 13 4 .. 371 14 0 1,064 3 0 1,628 0 1 49 14 0 914 18 9 1,293 17 9 Prisoners industry earnings . . .. 7,241 11 9 100 4 4 1,566 19 10 236 12 7 1,226 3 10 19 15 8 336 7 3 547 19 4 197 7 2 234 10 11 1,090 12 7 721 2 9 135 3 2 350 17 5 477 14 11 Fuel, light, power, water, and sanitary 7,551 8 0 276 6 4 2,551 0 9 29 11 3 914 17 1 122 6 11 185 16 5 730 15 4 434 14 6 29 16 4 482 15 10 308 17 4 124 16 5 973 14 8 247 4 0 138 14 10 Hospital maintenance and medicines .. 1,928 7 11 69 12 9 417 9 6 43 16 3 283 12 8 45 6 5 77 13 4 169 7 3 74 7 1 34 10 10 195 17 3 140 14 4 65 5 8 139 18 7 85 19 3 84 16 9 Postages, telegrams, telephones, and 1,162 0 7 27 18 1 128 1 9 40 9 10 142 4 2 26 18 10 39 0 8 124 17 3 46 16 8 28 8 5 152 1 11 140 12 10 28 5 8 116 1 1 83 7 0 36 16 5 stationery Office requisites .. .. .. 10 19 10 080 323 .. 197 043 .. 153 084 .. .. .. .. 084 3 13 10 Equipment and instructional work .. 228 17 10 4 2 6 0 13 5 0 17 6 76 0 0 .. 8 7 10 23 0 0 14 17 6 0 14 0 91 18 1 7 11 2 .. 0 2 10 0 13 0 Rations.. .. .. .. 26,222 18 5 396 12 7 5,890 13 10 769 14 7 3,458 5 2 324 3 5 971 17 0 2,275 18 3 613 11 6 772 10 1 2,898 13 9 2,040 0 10 542 6 10 2,014 11 6 1,375 18 10 1,878 0 3 Transport charges and travelling-ex- 7,041 11 1 101 4 0 781 12 0 214 11 5 681 2 7 71 18 5 103 3 3 936 9 11 497 16 6 140 14 1 963 5 4 805 3 9 78 3 10 1,347 2 1 253 6 3 65 17 8 penses Burial of prisoners .. .. .. 75 3 7 .. 16 8 7 .. .. .. .. .. .. 55 10 0 .. 3 5 0 Maintenance of buildings and grounds 2,340 18 2 193 13 7 387 16 5 : 36 18 4 387 3 5 51 18 11 85 3 9 229 15 3 217 12 1 20 16 9 318 10 6 55 7 7 i 103 19 2 69 13 2 32 6 2 150 3 1 Sundry expenses .. . .. 42 6 10 .. .. .. 5 15 0 .. .. 1 3 0 3 0 0 .. .. 30 13 10 .. 1 15 0 132,783 14 3 2,100 19 7 31,587 5 11 j 3,270 16 0 19,238 13 3 1,623 10 7 4,279 1 9 13,105 8 10 4,332 18 5 2,216 0 1 14,106 14 5 9,387 7 3 2,597 6 7 14,811 16 9 6,371 10 10 3,754 4 0 Prison labour on domestic work .. 19,702 10 10 354 16 3 3,624 14 7 414 0 0 3,798 14 4 , 429 14 7 762 12 11 1 1,720 12 0 535 13 4 196 4 0 2,461 3 0 1,445 6 6 i 549 7 3 2,322 5 10 ; 657 4 0 430 2 3 Less wages and earnings already 18,261 5 5 100 4 4 4,739 1 7 j 1,097 10 7 1,300 9 10 81 11 2 527 18 9 1,884 12 8 197 7 2 606 4 11 2,154 15 7 2,349 2 10 184 17 2 1,265 16 2 1,771 12 8 charged — — ■—— —— —. —— —. —. —• —. ——. —.—. —. —. —.— — _— —. — —. — —. —. —. —. — _—. —. . —. —. — — — — — — 1,441 5 5 254 11 11 Cr.1,114 7 0 \Cr. 683 10 7 2,498 4 6 348 3 5 234 14 2 Cr. 164 0 8 338 6 2 Cr. 410 0 11 306 7 5 Cr. 903 16 4 | 364 10 1 1,056 9 8 !Cr.l,114 8 8 430 2 3 Interest on capital . . .. .. 30,205 17 2 664 5 0 9,101 11 5 258 19 0 4,215 16 1 296 9 6 355 13 8 5,260 4 3 634 7 5 110 5 11 2,208 9 5 337 9 9 248 1 2 4,224 7 7 975 11 3 1,314 5 9 Depreciation on buildings, plant, furnl- 14,335 9 1 335 4 6 4,278 15 1 138 9 11 1,923 5 5 87 14 5 202 12 0 2 441 4 1 404 13 9 60 7 1 1,120 18 9 199 15 8 136 9 9 1,827 15 7! 635 19 11 542 3 2 ture, &c. Overhead burden .. .. .. 5,960 1 0 106 2 4 1,520 15 1 177 13 4 937 5 5 79 13 8 249 7 6 559 8 2 156 18 5 125 1 7 564 3 7 360 14 7 133 6 9 543 0 2 288 7 7 158 2 10 Total expenditure .. 207,525 17 8 4,094 4 8 50,101 10 7 4,533 6 8 32,919 0 9 2,682 16 0 6,175 19 3 23,359 4 1 6,870 9 3 2,653 0 6 20,509 6 2 10,737 3 2 j3,799 4 9 24,264 4 1 8,166 18 4 6,659 9 5 * These amounts include reanalysis of last year's closing stocks.

B.—l [Pt. IV]

PRISONS DEPARTMENT—continued. Gross Income and Expenditure Account for the Year ended 31st March, 1929—continued. Income.

115

I New Pn" t I Minor Gaols —• — ■ Total. Addington. Auckland. Hautu. Invercargill. | Napier. Plymouth Paparua. Hals well Rangipo. Waikeria. Waikune. Wanganui. Wellington. Wi Tako. and Police \ j ' Gaols. £ 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. £ s. d. By Rents of buildings and deductions 3,504 13 8 83 5 2 560 0 0 80 0 0 300 0 0 130 0 0 157 15 1 450 0 0 100 0 0 40 0 0 490 13 5 190 0 0 60 0 0 453 0 0 290 0 0 120 0 0 from salaries for use of houses and quarters Miscellaneous credits Prisoners' maintenance recovered .. 284 0 4 .. 202 1 6 .. .. 14 10 6 .. 21 19 0 0 17 6 .. • • • • 23 0 6 .. 21 11 4 Rations and stores sold to staff .. 971 10 4 46 2 3 20 0 0 10 18 10 .. 1 0 0 11 0 3 250 10 6 90 0 0 .. 383 7 6 77 17 1 .. 80 13 11 Cartage recoveries and transfers .. 2,771 17 4 .. 77 8 10 .. 154 0 1 .. .. 623 18 9 .. .. 296 10 6 .. •• 1,619 19 2 Sundry sales .. .. .. 29 10 4 1 10 0 16 8 10 .. 2 13 2 .. 8 18 4 Sale of kitchen refuse .. .. 23 29 .. 18 00 .. 529 Prison infirmary charges transferred 111 12 0 .. Ill 12 0 .. .. .. .. .. .. .. .. .... Salary recoveries from other depart- 1,390 7 0 .. 7 14 7 .. 402 19 3 20 0 0 .. 203 18 0 .. .. .. .. .. 755 15 2 ; ments j i Recovery of expenses of producing 9 12 11 . . 3 16 11 .. .. .. .. 0 19 6 .. .. .. .. .. 4 16 6 prisoners in Court Services performed, other institutions 191 16 2 .. 15 0 0 .. 118 73 .. 785 48 46 .. .. 2 16 0 and Government Departments Boot-repairing and laundering, other 59 5 2 .. .. .. .. .. 22 14 8 5 9 6 .. .. 31 1 0 Departments Bread and stores supplied to other 376 9 0 .. .. .. .. • • 72 15 9 146 1 2 .. .. .. .. .. 157 12 1 institutions | Boots repairs for other institutions.. 46 14 9 .. .. .. .. • • •. 18 8 6 j .. • • . • .. ! .. 28 6 3 ; .. ; 9,770 11 9 130 17 5 1,032 2 8 90 18 10 983 2 6 165 10 6 280 12 6 1,769 9 5 190 17 6 40 0 0 1,204 8 5 267 17 1 60 0 0 3,123 3 7 290 0 0 141 11 4 Closing stocks —• _ „ Loose tools . .. .. 1,120 7 11 19 19 0 183 1 8 9 0 10 107 17 10 11 8 5 36 7 0 366 7 0 17 1 0 .. 128 19 9 20 11 4 17 16 0 85 15 11 71 11 11 44 10 3 Clothing and bedding on issue .. 14,159 10 6 410 8 9 2,600 19 11 996 6 2 2,846 10 1 165 8 10 469 2 10 1,252 8 2 465 13 4 503 16 4 1,526 4 0 871 3 5 232 19 5 898 18 7 518 9 7 401 1 1 Postage stamps .. .. .. 57 88 038 12 19 4 236 5 16 7 1 11 2 546 178 435 619 3 13 2 .. 240 481 4 1 1 3 10 9 Stocks in local store .. .. 7,130 5 6 249 10 2 1,297 3 3 94 6 10 1,479 18 4 150 9 8 244 18 4 253 1 7 535 4 3 37 4 8 : 888 19 2 555 8 10 59 6 5 993 3 4 291 10 1 0 0 7 22,467 12 7 680 1 7 4,094 4 2 1,101 17 4 4,440 2 10 328 18 1 755 12 8 1,873 4 5 1,022 2 0 547 2 9 j 2,547 16 1 1,447 3 7 312 5 10 1,982 5 11 885 12 8 449 2 8 Gross cost of institutional upkeep for 175,287 13 4 3,283 5 8 44,975 3 9 3,340 10 6 27,495 15 5 2,188 7 5 5,139 14 1 19,716 10 3 5,657 9 9 2,065 17 9 16,757 1 8 9,022 2 6 3,426 18 11 19,158 14 7 6,991 5 8 6,068 15 5 year, carried down Total income .. .. 207,525 17 8 4,094 4 8 50,101 10 7 4,533 6 8 32,919 ' 0 9 2,682 16 0 6,175 19 3 23,359 4 1 6,870 9 3 2,653 0 6 20,509 6 2 10,737 3 2 3,799 4 9 24,264 4 1 8,166 18 4 6,659 9 5 Gross cost per prisoner per annum .. 116-71 122-78 117-36 74-61 116-42 108-98 81-79 140-37 142-47 65-17 117-73 99-25 101-99 140-04 96-23 152-29

B.—l [Pt. IV].

PRISONS DEPARTMENT—continued. Net Income and Expenditure Account for the Year ended 31st March, 1929.

116

—• —• Total. Addington. Auckland. Hautu. Invercargill. Napier. New Plymouth. Paparua. Haswell Rangipo. Waikeria. ; Waikune. Wanganui. Wellington. Wi Tako. Minor Gaols. Expenditure. £ s. d.j £ s. d. £ s. d. £ s. d. £ s. d.i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.| £ s. d. £ s. d. To Gross cost of institution upkeep, 175,287 13 4 3,283 5 8 44,975 3 9 3,340 10 6 27,495 15 5.2,188 7 5 5,139 14 1 19,716 10 3 5,657 9 9 2,065 17 9j 16,757 1 8 9,022 2 6 3,426 18 1119,158 14 7 6,991 5 86,068 15 5 brought down Industry balances after charging labour and supervision {Dr., loss : Cr., profit) — Block and tile making .. Cr. 41 17 11 .. .. .. Cr. 1 15 2, .. .. Cr. 40 2 9 Bootmaking and repairs .. Dr. 41 11 0 .. Cr. 48 19 5 .. Dr. 90 10 5 .. .. .. .. ! .. .. .. .. .. Breadmaking .. .. Cr. 129 0 11.. .. .. .. .. .. . • . • .. .. .. . • Cr. 129 0 11 Brickmaking and brickworks . . Dr. 924 13 10 .. .. .. .. .. • • • • • • .. .. • • • • Dr. 924 13 10 Contracts —Labour .. .. Dr. 228 5 1 .. Cr. 10 19 8 .. .. .. .. .. .. .. .. .. Dr.102 14 3 Dr.137 12 4 Or. 11 10 Farms and farm-gardens .. Dr. 10,328 17 4 ..' .. .. Dr. 3,807 8 10 .. .. Dr. 525 5 5 .. .. Dr.2,687 2 5 .. .. .. Dr.3,309 0 8 Kitchen-gardens and truck farming Dr. 886 13 8Z>r.l21 19 1 Cr. 389 16 6 j .. .. Cr. 7 15 0 Dr. 225 18 8 .. Dr.485 17 6 .. .. Dr. 19 17 7 Dr. 7 17 4Z>r.414 4 11 .. Dr. 8 10 1 Laundering and sewing .. Cr. 1,245 9 11 Cr. 90 15 10 Cr. 1,048 10 11 .. .. .. .. .. Cr.106 3 2 .. Mail-bag repairs .. .. Cr. 988 11 3 .. Cr. 988 11 3.. .. .. .. .. .. . Motor transport .. .. Cr. 650 3 3 .. .. .. .. .. .. .. .. .. Cr. 650 3 3 Quarries and gravel-pits . . Dr. 876 16 1 .. Cr. 893 6 8 .. .. Dr. 273 11 3 Dr. 952 8 11 Dr. 564 11 4 .. . . . . . . .. Cr. 20 8 9 Roadworks .. . . . . Dr. 474 0 7.. .. .. .. .. .. .. - • I .. Dr.474 0 7 Tailoring .. .. .. Cr. 1,047 12 6 .. Cr. 1,047 12 6 Tinsmithing and carpentering .. Cr. 46 15 0 .. Cr. 46 15 0 .. .. .. . . .. .. .. .. .. Miscellaneous industries .. Cr. 82 6 3 .. .. .. .. i .. .. .. .. .. .. .. .. Cr. 82 6 3 Dr. 9,529 0 7 Dr. 31 3 3 Cr. 4,474 11 11 .. Dr.3,896 4 1 Br.265 16 3 Dr. 1,178 7 7Z>r.l,049 14 0 Dr.379 14 4 .. Dr. 2,687 2 5 [Cr. 156 5 1 Dr. 110 11 7 Dr. 449 2 3 Dr. 4,103 11 9]X>r. 8 10 1 Depreciation undercharged in pre- 406 1 0 .. 93 0 4| .. 28 2 5 .. .. .. .. .. 45 11 3 .. .. 239 7 0 vious years Transport charges undercharged in 5 8 0 .. .. .. .. .. .. 2 14 0 .. .. i 2 14 0 previous years Total expenditure .. 185,228 2 11 3,314 8 11 40,593 12 2j 3,340 10 6 31,420 1 1112,454 3 8 6,318 1 8 20,768 18 3 6,037 4 1 2,065 17 9 : 19,492 9 4:8,865 17 5 3,537 10 6;19,847 3 10 11,094 17 56,077 5 6 " '= I " ===== ===== ===== ",== ===== ! Income By Value of Prison labour supplied to — ■ £ s. d.i £ s. d. £ s. d. £ s. d. £ s. d.[ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.; £ s. d. 1 £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Institution .. .. .. 1,441 5 5 ! 254 11 11 Cr. 1,114 7 0Cr.683 10 7 2,498 4 6 348 3 5 234 14 2 Cr. 164 0 8 338 6 2 Cr.410 0 111 306 7 5 Cr.903 16 4 364 10 1 1,056 9 8 Cr.1,114 8 8 430 2 3 Industries .. .. .. 52,494 11 7 464 7 6 12,727 2 7 2,363 5 0 5,963 3 10! 490 6 3 2,077 14 2 4,722 17 7 826 11 9 1,690 7 6 7,611 1 3 7,747 18 0 155 13 9 1,588 5 1 4,042 4 5 23 12 11 Capital works .. .. 14,553 14 10 .. 1,535 7 0 155 2 6 3,505 12 0 .. 44 4 4 2,232 8 0 .. .. 376 1 6' ' 30 18 0 .. 6,242 17 10 431 3 8 68,489 11 10 718 19 5 13,148 2 7 1,834 16 11 11,967 0 4 838 9 8 2,356 12 8 6,791 4 11 1,164 17 11 1,280 6 7 8,293 10 2| 6,874 19 8 520 3 10 8,887 12 7 3,358 19 5 453 15 2 Net cost of institution upkeep per 116,738 11 l! 2,595 9 6 27,445 9 7 1,505 13 7 19,453 1 7 1,615 14 o! 3.961 9 0 13,977 13 4 4,872 6 2 785 11 i 11,198 19 2' 1,990 17 9 3,017 6 810,959 11 3 7,735 18 05,623 10 4 annum Total income .. .. 185,228 2 11 j 3,314 8 11 40,593 12 2 3,340 10 6 31,420 1 11 ! 2,454 3 8 6,318 1 8 20,768 18 3 6,037 4 1 2,065 17 9j 19,492 9 4 8,865 17 5 3,537 10 619,847 3 10 11,094 17 56,077 5 6 Net cost per prisoner per annum 77-73 \ 97-06 71-62 33-64 82-36 . 80-46 63-04 99-51 122-69 24-78 78-68 i 21-90 89-80 I 80-10 ' 106-48 141-11

117

B.—l [PT. IV],

PRISONS DEPARTMENT —continued. PROBATION, PRISONS BOARD, HEAD OFFICE, AND MISCELLANEOUS ADMINISTRATION. Income and Expenditure Account for the Year ended 31st March, 1929.

GENERAL STORE. Working Account for the Year ended 31st March, 1929.

Crimes Amend- Head Office: ment Act Departmental ' " (Prisons Board). Administration. Expenditure. £ s. d. £ s. d. £ s. d. To Salaries and allowances .. .. .. .. .. .. .. 2,900 0 0 .. 4,607 10 0 Advertising, books, &c. .. .. .. .. .. .. .. .. .. 47 17 2 Postage, telegrams, printing, and stationery .. .. .. .. 152 13 7 .. 696 7 7 Office requisites .. .. .. .. .. .. .. .. .. 25 4 10 Transport charges and travelling-expenses .. .. .. .. .. .. 466 14 9 543 3 9 Fuel, light, water, and sanitary .. .. .. .. .. .. .. 64 18 3 Maintenance of buildings .. .. .. .. .. .. .. .. 36 12 8 Grants to Prisoners Aid and After-care Societies .. .. .. .. .. j .. 201 7 6 Assistance to discharged prisoners .. .. .. .. .. .. .. 236 Sundry expenses .. .. .. .. .. .. .. 412 2 3 .. ! 4 19 0 Compassionate allowances .. .. .. .. .. ... .. .. j 43 17 2 Interest on capital .. .. .. .. .. .. .. 5 8 11 .. 50 15 2 Rent of buildings .. .. .. .. .. .. .. 22 0 0 .. 325 16 8 Rent of buildings undercharged in previous year .. .. .. .. 22 0 0 .. , Depreciation of furniture and fittings .. .. .. .. .. 10 84 .. 87810 3,524 13 1 466 14 9 6,738 2 1 Income. £ s. d. £ s. d. £ s. d. By Net Profits from general stores .. .. .. .. .. .. .. .. 778 1 1 Net cost of Head Office administration for year transferred to institutions Income .. .. 5,960 1 0 and Expenditure Accounts Net cost to probation administration for year .. .. .. .. 3,524 13 1 Net cost of Crimes Amendment Act administration for year .. .. .. . . 466 14 9 3,524 13 1 466 14 9 6,738 2 1

Total. Auckland General Store. Wellington General Store. Expenditure. £ s. d. £ s. d. £ s. d. To Opening stocks in store and in transit .. .. .. 8,618 3 8 8,445 2 1 173 1 7 Manufactured articles received from workshops .. .. 12,113 15 0 11,425 0 8 688 14 4 Purchases for issue and manufacture— Bootmaking materials, tools, &c. .. .. .. 3,685 8 0 3,685 8 0 Tailoring materials, tools, &c. .. .. .. .. 2,648 9 4 2,648 9 4 Officers' uniforms .. .. .. .. .. 102 0 1 102 0 1 Tea and tobacco .. .. .. .. .. 1,758 18 0 988 0 9 770 17 3 Medicines .. .. .. . . .. .. 151 12 10 151 12 10 Clothing, bedding, and prison equipment .. .. 743 8 0 738 4 6 5 3 6 Sundry expenses — Freight, cartage, and packing .. .. .. .. 45 2 8 45 2 8 Postages, telegrams, printing, and stationery .. .. 27 16 9 27 16 9 Salaries .. .. .. .. .. .. 301 13 0 301 13 0 Interest on capital .. .. .. .. .. 387 16 4 380 0 7 7 15 9 Net credit balance to Head Office Administration Account .. 778 1 .1 714 1 2 63 19 11 31,362 4 9 29,652 12 5 1,709 12 4 Revenue. £ s. d. j £ s. d. £ s. d. By Raw materials issued to workshops .. .. .. 6,617 10 0 6,617 10 0 Issues to prisons— Clothing and bedding .. .. .. .. 5,161 16 4 5,161 16 4 Footwear .. .. .. .. .. ..I 2,295 3 1 2,295 3 1 Medicines .. .. .. .. .. .. 252 17 9 252 17 9 Officers'uniforms and boots .. .. .. .. 1,263 8 4 1,263 8 4 Saddlery and harness .. .. .. .. .. 42 14 0 42 14 0 Tea and tobacco .. .. .. .. .. 2,007 12 7 1,187 4 4 820 8 3 Sales and services to Government Departments— Boots and boot repairs .. .. .. .. 1,943 17 7 1,943 17 7 Satchels repaired for Post and Telegraph Department .. 18140 18140 Tailoring manufactures .. .. .. .. 252 16 6 252 16 6 Tinware manufactures .. .. .. .. 925 925 Sale of civilian suits and boots to officers and prisoners on dis- 44 16 6 44 16 6 charge Sundry equipment—Floor-polish, lead-head nails, &c., issued 1,037 13 3 383 2 10 654 10 5 to institution and transferred to Government Departments Store overhead charges recovered — Cases, packing, and postage .. .. .. .. 61 14 10 58 5 0 3 9 10 Handling-charges .. .. .. .. .. 527 7 4 527 7 4 Closing stocks in store and in transit .. .. .. 9,662 10 3 9,431 6 5 231 3 10 31,362 4 9 29,652 12 5 1,709 12 4

B.—l [PT. IV],

118

PRISONS DEPARTMENT—continued. BLOCK AND TILEMAKING INDUSTRY. Profit and Loss Account for Year ended 31st March, 1929.

BOOTMAKING AND REPAIRING INDUSTRY. Profit and Loss Account for the Year ended 31st March, 1929.

Total. Invercargill. Paparua. Expenditure. To Opening stocks— £ s. d. £ s. d. £ s. d. Loose tools .. .. .. .. .. .. 25 12 9 1 17 9 23 15 0 Stock-in-trade .. .. .. .. .. .. 211 3 0 .. 211 3 0 Materials .. .. .. .. .. .. .. 268 12 4 10 7 8 258 4 8 Freight, cartage .. .. .. .. .. .. 61 1 9 .. 61 1 9 Sundries .. .. .. .. .. .. .. 246 .. 246 Prison labour .. .. .. .. .. .. 154 12 0 4 0 0 150 12 0 Supervision .. .. .. .. .. .. .. 26 16 8 1 0 0 25 16 8 Interest on capital .. .. .. .. .. 10 11 4 .. 10 11 4 Profit on working .. .. .. .. .. .. 41 17 11 1 15 2 I 40 2 9 802 12 3 19 0 7 783 11 8 Revenue.. £ s. d. £ s. d. £ s. d. By Sales and issues of blocks and tiles .. .. .. .. 551 8 11 17 6 4 534 2 7 Closing stocks— Loose tools .. .. .. .. .. .. 15 17 11 1 14 3 14 3 8 Stock-in-trade .. .. .. .. .. .. 235 5 5, .. 235 5 5 802 12 3 i 19 0 7 783 11 8

Total. Auckland. Invercargill. Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. Loose tools .. . - . ■ • • • ■ • • 272 13 0 208 6 4 64 6 8 Work in progress .. .. .. ■ • • • 354 7 0 337 5 0 17 2 0 Manufactured goods .. .. .. .. •. 26 15 0 .. 26 15 0 Raw materials .. .. -■ .. •• 5,345 19 9 3,964 14 11 1,381 4 10 Tools, machine parts, and repairs .. .. .. 46 2 11 35 18 9 10 4 2 Fuel, light, and power .. .. .. •• •• 22 411 22411 Freight and cartage .. .. .. •• 9 12 0 020 9 10 0 Sundry expenses .. .. .. .. •• 446 124 322 Prison labour .. .. .. •• •• 2,286 92 1,66318 623 7 6 Supervision and officers'labour .. .. .. .. 472 16 6 256 4 10 216 11 8 Interest on capital .. .. .. ■ ■ • ■ 89 13 7 64 14 5 24 19 2 Depreciation on plant and machinery .. .. .. 39 16 31 16 8 00 Nel sectional profit for year (Auckland) .. .. .. .. 48 19 5 (Loss) 8,969 19 10 6,633 16 1 2,385 3 2 Revenue. £ s. d. £ s. d. £ s. d. By Manufactures and repairs for Government Departments and 8,184 8 3 6,124 7 8 2,060 0 7 institutions Closing stocks — Loose tools .. .. .. .. . • • • 215 5 1 154 9 5 60 15 8 Work in progress .. .. .. .. - • 464 10 6 354 19 0 109 11 6 Manufactured goods .. .. .. .. ■. 64 5 0 .. 64 5 0 Net sectional loss for year (Invercargill) .. .. .. .. (Profit) 90 10 5 Net total loss on industry for year .. .. .. 41 11 0 8,969 19 10 6,633 16 1 2,385 3 2

119

B.—l [PT. IV].

PRISONS DEPARTMENT—continued. WI TAKO : BRICKMAKING AND LEASE OP BRICKWORKS. Profit and Loss Account foe the Year ended 31st March, 1929. Dr. Cr. £ s. d. £ s. d. To Opening stocks— £ s. d. £ s. d. By Sale of bricks .. .. .. .. ■ 149 3 5 Loose tools .. .. .. 50 1 7 Royalty on clay used by lessees .. 41 16 3 Sundry stores .. .. 345 2 3 Royalty on bricks manufactured Manufactured bricks .. .. 223 12 9 by lessees .. .. .. 1,274 13 4 618 16 7 Water charges recovered .. 27 1 8 Sundry expenses— Plant maintenance recoveries .. 202 11 5 Maintenance of machinery and Officers' salaries recovered .. 57 13 4 plant .. .. .. 158 5 9 Haulage charges recovered .. 24 6 0 Maintenance and repairs to Sale of oil, grease, &c. .. .. 18 14 5 buildings.. .... 18 13 10 1,646 16 5 Freight and cartage .. .. 7 19 4 Amount transferred to Loading Dock Account 418 8 0 Rent of railway-siding .. 813 8 Closing stocks — £ s. d. Horse and tractor charges .. 39 l 6 Loose tools .. .. .. 62 18 7 232 14 1 Sundry stores .. .. 313 11 3 Prison labour .. .. .. .. 301 9 9 Manufactured bricks .. 13 8 2 Officers' labour and supervision .. 189 18 4 389 18 0 Interest on capital .. .. .. 1,124 14 5 Loss on working for year .. .. 924 13 10 Depreciation of buildings and plant .. .. .. .. 1,061 6 6 £3,528 19 8 £3,528 19 8 WI TAKO : BREADMAKING. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ a. d. Gr. £ s. d. To Opening stocks of flour, &c. (previously included By Sales bread to Defence Department and staff .. 277 7 6 in Institution Working Account) .. .. 35 17 4 Issues to institution .. .. .. .. 459 15 4 Sundry expenses— £ s. d. Sacks transferred .. .. . . .. 4 9 0 Flour, &e. .. .. .. 475 13 3 Closing stock of flour, &c. .. .. .. 68 4 8 Freight and cartage .. .. 13 10 0 Firewood .. .. .. 45 7 6 Sundries .. .. .. 19 3 536 0 0 Prison labour .. .. .. .. 107 6 0 Interest on capital .. .. .. 1 12 3 Net profit on working for year .. .. 129 0 11 £809 16 6 £809 16 6 RANGIPO PRISON: DEVELOPMENT OF TAUPO LANDS. Development Account for the Year ended 31st March, 1929. Dr. Cr. £ s. d. £ s. d. To Opening stocks — £ s. d. £ s. d. By Sales of cattle and hides .. .. 307 14 3 Cattle .. • • ■ ■ 236 0 0 Issues of produce to institution and Horses .. .. .. 43 0 0 farm .. .. .. 243 1 2 Crops .. .. .. 303 4 0 550 15 5 Gardens .. .. ■■ 114 18 0 Closing stocksHarness and loose tools .. 78 9 4 Cattle .. .. .. 619 0 0 775 11 4 Horses .. .. .. 77 0 0 Sundry expenses— Pigs • ■ • • • • ■. 4 0 0 Seeds and manures .. .. 342 12 4 Crops .. .. .. 360 0 0 Seeds ex farm .. .. 18 0 0 Gardens .. .. .. 46 12 0 Garden expenses .. •. 717 7 Harness and loose tools .. 109 10 5 Purchase of cattle .. .. 492 3 9 1,216 2 5 Feed for cattle .. . . I 13 9 Balance —Net development expenditure for Feed for cattle ex farm.. .. 80 0 0 year transferred to Rangipo Land ImproveCattle, sundry expenses .. 19 7 5 ment Account .. .. .. 3,130 0 0 Purchase of pigs .. .. 4 0 0 Purchase of horses .. .. 34 0 0 Horse-feed and harness.. .. 46 0 5 Horse-feed ex farm .. . . 57 0 0 Fencing-materials .. . ■ 17 6 Repairs to implements and tools 36 14 10 Freight and cartage . .. 118 2 6 Tractor expenses .. •. 7 12 9 Miscellaneous .. .. • • 4 116 1,271 4 4 Prison labour .. .. .. .. 1,690 7 6 Supervision and officers' labour .. .. 686 0 0 Interest on capital .. .. .. 369 9 2 Depreciation of plant and implements .. 60 10 6 Depreciation undercharged in previous years 43 15 0 £4,896 17 10 £4,896 17 10

B.—l [PT. IV].

120

PRISONS DEPARTMENT—continued. HAUTU PRISON: FARMING AND TAUPO LAND DEVELOPMENT. Profit and Loss Account and Development Account for the Year ended 31st March, 1929. Farm Working Account.

Development Account. To Opening stocks— £ s. d. £ s. d. £ s. d Farm tools, harness, and stores 534 17 11 By Gross profit on farm working, brought down .. 775 3 11 Crops .. .. .. 520 17 6 Crops issued to institutions .. .. .. 424 7 6 Working-horses .. .. 235 2 0 Closing stocks— £ s. d. — 1,290 17 5 Farm tools, harness, and stores 532 12 4 Sundry expenses — Crops .. .. .. 688 17 6 Grass-seed and manure .. 1,326 17 2 Working-horses .. .. 263 6 0 Fencing-materials and trees .. 25 14 2 1,484 15 10 Repairs to implements and ma- Net cost of development for year, transferred to chinary .. .. .. 70 17 5 Hautu Lands Improvement Account .. 4,385 0 7 Freight and cartage.. .. 0 19 10 Tractor expenses .. .. 105 711 Purchase of horses .. .. 29 0 0 Horse-feed and harness, &c. .. 119 8 7 Horse-feed from farm .. 176 7 6 Miscellaneous .. .. 31 11 1 1,886 3 8 Prison labour .. .. .. 2,144 15 0 Supervision and officers' labour .. 680 8 7 Interest on capital .. .. .. 1,031 15 0 Depreciation on plant and implements .. .. .. .. 35 8 2 £7,069 7 10 £7,069 7 10

— j Total. Dail Cattfe° ther | Sheep ' Pig8 ' I Garden. Expenditure. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Opening stocks .. .. .. .. .. 1,219 16 5 383 )5 0 699 17 1 61 8 0 74 16 4 Purchases of live-stock .. .. .. .. 1,666 9 1 920 8 1 746 1 0 Peed from farm .. .. .. .. .. 244 13 0 164 0 0 76 0 0 4 13 0 Sundry expenses .. .. .. .. .. 61 8 6 2 19 11 54 10 6 0 4 9 3 13 4 Prison labour .. .. .. .. .. 218 10 0 45 12 6 80 2 6 45 12 6 47 2 6 Supervision and officers' labour .. .. .. 109 10 0 57 10 0 31 10 0 20 10 0 Gross profit on working, transferred to Development 775 3 11 162 0 7 539 19 1 0 7 7 72 16 8 Account 4,295 10 11 1,736 6 1 2,228 0 2 132 15 10 198 8 10 Revenue. £ s. d. I £ s. d. £ s. d. £ s. d. £ s. d. By Sales of live-stock, produce, hides, and issues to prison 1,898 3 10 1 627 11 1 1,066 15 2 62 2 10 141 14 9 Closing stocks .. .. .. .. .. 2,397 7 1 j 1,108 15 0 1,161 5 0 70 13 0 56 14 1 4,295 10 11 ' 1,736 6 1 2,228 0 2 j 132 15 10 198 8 10

PRISONS DEPARTMENT—continued. INVERCARGILL BORSTAL INSTITUTION: FARMING INDUSTRY. Profit and Loss Account for the Year ended 31st March, 1929.

B.—l [PT. IV].

16— B. 1 [Pt. IV]

121

I - I I I Total. i Cattle. Sheep. Pig.-*. Garden. Crops and Grazing. Horses and General. __ i L Expenditure. To Opening stocks — £ s. d. ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. [ £ s. d. Live-stock .. .. .. .. .. .. 3,560 6 3 j 2,244 4 0 677 14 3 138 18 0 .. .. ! 505 10 0 Crops and garden .. .. .. .. . .. 1,069 1 4 .. .. .. 140 11 4 928 10 0 Miscellaneous stores and tools .. .. .. .. 295 4 9* j .. .. .. .. .. j 295 4 9 Purchase of livestock .. .. .. . . .. I 2,197 11 9 I 1.707 16 6 j 485 60 493 .. .. ! Feed, &c., transferred from farm .. .. .. .. 760 7 4 585 0 0 .. 175 7 4 Seeds and manures .. .. .. .. . . .. 353 4 5 j . . .. .. 30 13 7 322 10 10 j Fencing and trees .. .. .. .. . . . . 66 3 1 . . . . .. 10 7 0 . . 55 16 1 Horse-shoeing and repairs to harness, &c. .. .. .. 200 9 8 .. .. .. .. .. 200 9 8 Tools-repairs and plant-maintenance .. .. .. .. 160 36; .. .. .. i 1759 15 47 127 13 2 Purchase of feed .. .. .. .. .. .. 45 11 2 21 13 10 .. 23 7 10 .. .. 0 9 6 Freight and cartage .. .. .. .. .. .. 148 1 10 21 6 2 1 4 6 12 3 8 16 4 9 30 13 9 66 9 0 Fuel and oil .. .. .. .. .. . . .. 83 12 10 . . . . .. .. .. 83 12 10 Blacksmithing .. .. . . .. .. .. 37 1 8 .. .. .. .. .. 37 1 8 Rent and rates .. .. .. .. .. . . 318 14 5 .. .. .. .. 318 14 5 Maintenance of farm roads and flood-gates .. .. .. 10147 .. .. .. .. •. 10 14 7 Dairy expenses .. .. .. .. .. .. 103 14 1 103 14 1 .. .. ' Hospital treatment of accident cases .. .. .. . . 71 17 0 .. .. .. .. .. 71 17 0 Sundries .. .. .. .. .. .. .. 94 2 2 15 0 8 11 11 3 8 3 9 2 17 0 32 10 9 23 18 9 Live-stock grazing charges .. .. .. .. .. 1,453 3 7 953 16 9 395 2 0 35 13 4 .. .. 68 11 6 Prison labour .. .. .. .. .. .. 4,656 16 4 1,469 4 8 67 14 4 103 13 1 851 14 3 1,568 9 8 596 0 4 Supervision and officers' labour .. .. .. .. 1,469 6 2 528 7 1 31 15 9 2 15 10 157 2 8 551 2 6 198 2 4 Interest on capita] .. .. .. .. .. .. 1,812 10 .. .. .. .. .. 1,812 1 0 Depreciation (buildings, plant, and leaseholds) .. .. .. 940 14 7 .. . . .. .. . . 940 14 7 Sectional 'profits on working .. .. .. .. .. .. j 581 9 2 342 3 2 (Loss) | (Loss) 52 2 1 (Loss) 19,914 3 6 . 8,231 12 11 2,012 11 3 504 12 1 \ 1,226 16 4 3,819 18 7 5,094 6 9 Income. i £ s. d. £ s. d. £ s. d. j £ s- d. £ s. d. £ s. d. j £ s. d. By Sales and transfers of produce to institution .. .. .. j 8,476 13 7 5,602 2 9 1,194 1 9 207 11 10 353 7 9 j 1,014 11 0 104 18 6 Blacksmithing .. .. .. .. .. .. I 208 18 7 .. . . ! .. .. .. j 208 18 7 Sale of firewood and timber .. .. .. . . .. i 54 3 0 . . .. .. .. .. 54 3 0 Produce from experimental plot .. .. .. .. 105 14 7 .. .. , .. .. 105 14 7 Live-stock grazing, as per contra .. .. .. 1,453 3 7 .. .. .. .. 1,453 3 7 Closing stocks — Live-stock .. .. .. .. .. .. 4,106 6 6 2,614 17 6 815 8 0 180 8 0 .. .. 495 13 0 Crops and garden .. .. .. .. .. .. 1,323 18 0 .. .. t 129 8 0 1,194 10 0 Miscellaneous stores and tools .. .. .. .. 377 16 10 14 12 8 3 1 6 3 3 2 2 4 0 51 19 5 302 16 1 Sectional losses cm working .. .. .. .. .. .. (Profit) (Profit) j 113 9 1 741 16 7 (Profit) 3,927 17 7 Net total loss or, working .. .. .. .. .. 3,807 8 10 19,914 3 6 i 8,231 12 11 2,012 11 3 | 504 12 1 1,226 16 4 3,819 18 7 5,094 6 9 * This amount include? reanaiysis of last year's closing stock.

B. —1 [PT. IV].

PRISONS DEPARTMENT—continued. PAPARUA PRISON: FARMING INDUSTRY. Profit and Loss Account for the Year ended 31st March, 1929.

122

Cattle and Dairy. Sheep. Pig, | Poultry. i Orchard,! j _j I _J I I I i I Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live-stock .. .. .. .. 2,079 6 10 172 5 0 1,164 6 10 306 17 9 56 15 0 374 2 3 .. .. 5 0 0 Crops .. .. .. .. j 2,060 4 0 .. .. .. .. .. 580 15 6 1,479 8 6 Stores and tools .. .. 729 12 2 39 10 6 5 19 7 5 11 0 0 10 2 51 1 7 5 4 0 475 11 4 146 4 0 Purchase of live-stock .. .. .. i 1,733 15 11 1,413 3 2 278 14 2 11 18 7 .. 30 0 0 Purchase of feed.. .. .. .. 341 5 5 .. 17 1 2 179 3 1 137 8 3 7 12 11 Farm-produce consumed on farm .. .. 986 7 9 128 5 0 173 6 9 283 5 4 77 17 2 323 13 6 Live-stock grazing charges .. .. 838 17 1 150 6 6 688 10 7 Seeds and manures .. .. .. 309 18 4 .. .. .. .. .. 19 9 10 290 8 6 Fencing and trees .. .. .. 416 .. .. .. .. .. .. .. 416 Tools, repairs, and plant maintenance ..j 150 2 10 250 200 100 100 .. 3 0 0 57 5 10 83 12 0 Harness repairs and replacements . . .. 17 18 7 .. .. .. .. 17 18 7 Freight and cartage, including use of horses i 752 15 7 4 14 0 25 16 3 5 9 0 7 1 6 j .. 25 15 3 683 3 10 0 15 9 and tractor Tractor fuel and maintenance .. .. 112 4 .. .. .. .. 112 4 Rent and rates .. .. .. .. 48 5 0 .. .. .. .. .. .. 48 5 0 Threshing and packing .. .. .. 255 7 0 .. .. .. .. .. .. 255 7 0 Dairy expenses .. .. .. . . 18 12 5 18 12 5 Sundries .. .. .. .. 162 16 3 4 16 6 55 18 1 30 14 11 25 13 11 j 27 9 0 1 19 6 5 3 3 11 1 1 Prison labour .. .. .. .. 1,704 ~5 7 135 5 0 93 12 6 181 7 6 75 15 0 92 2 6 291 13 1 154 12 6 679 17 6 Officers'supervision and labour .. .. 897 8 9 58 9 2 97 15 8 52 10 9 17 9 11 19 15 9 204 19 3 304 5 3 142 3 0 Depreciation of buildings, plant, &c. .. 106 9 2 .. .. .. .. .. .. .. 106 9 2 Interest on capital .. .. .. 1,298 2 4 .. .. .. .. .. .. .. 1,298 2 4 Sectional profits on working .. .. .. 15 17 9 845 8 7 (Loss) 58 5 0 283 15 5 (Loss) 905 15 11 (Loss) — J . 14,506 14 10 2,143 10 0 3,448 10 2 1,057 17 11 457 15 11 1,238 13 10 1,132 16 5 4,659 6 11 2,477 6 4 Income. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. j £ s. d. £ s. d. £ s. d. £ s. d. By Sales of live-stock and produce, and sectional 7,989 3 9 1,813 13 2 1,977 3 8 617 11 5 293 9 2 ■ 794 0 0 427 17 7 ! 2.009 19 9 55 9 0 transfers of produce Live-stock grazing credits, as per contra .. 838 17 1 •. .. .. • • .. .. 838 17 1 Closing stocks-Live-stock .. .. .. .. 2,611 17 2 304 16 0 1,462 11 0 329 17 0 90 11 0 419 2 2 .. .. 5 0 0 Crops .. .. .. .. 2,088 0 6 .. .. .. •• .. 474 5 6 1,613 15 0 Stores and tools .. .. .. 453 10 11 25 0 10 8 15 6 .. 73 15 9 25 11 8 4 6 8 196 15 1 119 5 5 Sectional losses on working .. .. .. (Profit) (Profit) 110 9 6 (Profit) (Profit) 226 6 8 (Profit) 2,297 11 11 Total net loss on farm working, transferred to , 525 5 5 .. .. :. • • .. Institution Account ' — 1 — 14,506 14 10 2,143 10 0 I 3,448 10 2 1,057 17 11 457 15 11 1,238 13 10 1,132 16 5 4,659 6 11 2,477 6 4

B.—l [PT. IV],

PRISONS DEPARTMENT—continued. WAIKERIA PRISON: FARMING INDUSTRY. Profit and Loss Account for the Year ended 31st March, 1929.

123

I Cattle and t>;„ 0 Horses and ! Garden. Orchard, Crops, Grazing, j ~ . 0 TotaL ! Dairying. Shee P* Plgs - Apiary - Tractor. and Nursery. and Pasture General. Expenditure. To Openina stocks — j £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live-stock .. .. .. .. .. 6,535 11 0 4,187 12 6 969 0 0 282 10 6 .. 1,096 8 0 Crops .. .. .. .. .. 3,443 13 0 .. .. .. .. .. 908 5 0 2,535 8 0 Stores and tools .. .. .. .. 751 7 10 .. .. .. 8 14 6 .. .. .. 742 13 4 Apiary .. .. .. .. .. 52 9 11 .. .. .. 52 9 11 Purchase of live-stock .. .. .. .. 1,106 3 1 396 1 1 660 2 0 .. .. 50 0 0 .. j Purchase of feed .. .. .. .. 75 16 7 28 10 11 .. 44 10 8 .. 2 15 0 Farm- produce consumed on farm .. .. 2,920 12 4 1,774 1 3 .. 718 3 1 .. 428 8 0 Live-stock grazing charges .. .. .. 2,688 5 2 2,087 19 6 441 18 8 .. .. 158 7 0 Seeds and manures .. .. .. .. 1,375 16 0 .. .. .. .. •• 38 3 7 1,337 12 5 Fencing and trees .. .. .. .. 27 114 .. .. .. .. .. 27114 Tools, repairs, and plant maintenance .. .. 141 4 8 .. • • .. ■. 0 3 0 .. 41 3 0 99 18 8 Harness repairs and replacements .. .. 61 10 6 .. . • .. ■ • • • ■ • ■ • 6110 6 Freight and cartage, including use of horses and 2,685 9 4 762 2 4 39 2 2 26 9 11 .. 10 2 6 116 3 1 1,720 17 1 10 12 3 tractor Sacks and threshing .. .. .. .. 125 12 .. . • . . .. • • ■ • 125 12 Dairy expenses .. .. .. .. 69 18 5 69 18 5 Apiary expenses .. .. .. .. 14 2 3 .. • ■ . . 14 2 3 .. Orchard spray .. .. .. .. 40 1 0 .. • • . . • • •• 40 1 0 Sundries .. .. .. .. .. 163 10 5 12 6 9 6 13 7 7 10 5 1 10 9 38 13 11 56 18 9 17 19 5 21 16 10 Hospital expenses for accident cases .. .. 850 .. .. . ■ .. 850 Prison labour .. .. .. .. .. 7,611 1 3 2,868 9 6 82 10 0 180 17 0 77 15 0 59 15 0 843 19 6 3,072 3 9 425 11 6 Supervision and officers' labour .. .. .. J 2,408 8 0 835 10 3 61 3 6 70 7 2 .. 38 16 8 221 13 6 1,141 0 3 39 16 8 Interest on capital .. .. .. ..12,837 21 .. •• .. .. •• .. .. 2,83721 Depreciation of buildings and plant .. .. 204 2 5 . ■ • • .. . ■ ■ ■ •. .. 204 2 5 Sectional profits on working .. .. .. .. 896 3 9 206 5 11 (Loss) (Loss) 1,879 5 5 (Loss) (Loss) (Loss) 35,347 2 9 13,918 16 3 2,466 15 10 1,330 8 9 154 12 5 3,762 14 6 | 2,225 4 5 9,991 5 1 ! 4,479 0 7 Income. By Sales, including transfers to institution — | £ s . d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Dairy, crops, gardens, &e. .. .. .. 10,696 19 4 7,011 4 3 .. .. .. .. 894 16 0 2,790 19 1 Live-stock, wool, hides, and honey .. 3,363 10 5 1,510 12 8 1,207 17 10 627 3 8 17 16 3 Horse-hire, blacksmithing, and general .. : 2,586 4 0 .. •• .. .. 2,532 4 0 .. .. 54 0 0 Live-stock grazing credits, as per contra .. .. 2,688 5 2 .. •• .. .. •• .. 2,688 5 2 Closing stocks — Live-stock .. .. .. .. .. 8,144 1 1 5,396 19 4 1,258 18 0 257 13 3 •• ! 1.230 10 6 Crops, &c. .. •• .. .. 4,200 17 8 •• •• .. .. ! 1,117 13 8 3,083 4 0 Miscellaneous stores and tools .. .. 911 1 5 .. 29 18 3 .. .. .. 881 3 2 Apiary . • • • • • ■ • .. 69 1 3 • ■ • • .. 69 1 3 Sectional losses on working .. .. .. .. (Profit) (Profit) 445 11 10 37 16 8 1 (Profit) 212 14 9 1,428 16 10 3,543 17 5 Net total loss on working .. .. .. 2,687 2 5 I _ 1 35,347 2 9 13,918 16 3 2,466 15 10 1,330 8 9 154 12 5 3,762 14 6 2,225 4 5 9,991 5 1 4,479 0 7

B.—l [Pt. IV

124

PRISONS DEPARTMENT—continued. WITAKO PRISON: FARMING INDUSTRY. Working Account for the Year ended 31st March, 1929.

— j TotaL ! DiiryinS d j Sheep. ! Pigs. ! Garden. j i ' GenenO. Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Live-stock .. .. .. .. .. .. 737 7 4 158 0 8 400 I 2 54 8 6 .. .. 107 14 0 17 3 0 Crops, &c. .. .. .. .. .. .. 780 15 0 .. .. .. 255 15 0 525 0 0 Miscellaneous stores and tools .. .. .. 269 8 8 . . .. .. .. .. .. 269 8 8 Purchase of live-stock .. .. .. .. .. 573. 16 1 95 4 6 474 36 281 Farm-produce consumed on farm .. .. .. 170 12 0 160 10 4 10 0 2 .. .. .. 0 1 6 Purchase of feed .. .. .. .. .. 129 18 11 2 9 4 .. 4 18 10 .. .. 122 10 9 Seeds and manures .. .. .. .. .. 376 11 6 .. .. .. 65 12 4 310 19 2 Fencing-materials .. .. .. .. .. 13 14 5 | .. • • .. .. .. .. 13 14 5 Repairs and renewals to harness .. .. .. 19 19 2 .. .. .. .. .. 14 11 2 5 8 0 Repairs and replacements of tools and implements .. 46 171 .. .. .. .. 21711 .. 43 192 Tractor fuel oil and expenses .. .. •. .. 25 17 9 . . .. .. .. .. 25 17 9 Freight and cartage, including use of tractor and horses .. 346 6 1 12 18 1 1 8 8 4 11 10 11 75 11 4 213 15 0 2 15 6 21 6 1 Maintenance of farm roads and bridges .. .. • • 27 5 8 .. .. .. .. .. .. 27 5 8 Sundry expenses .. .. .. .. •• 54 16 0 2 10 9 17 2 2 .. 18 18 6 i 2 1 8 0 19 5 13 3 6 Live-stock grazing charges .. .. .. .. 393 6 10 117 10 1 251 10 24 114 .. .. 045 Prison labour .. .. .. .. .. 3,012 18 8 63 2 6 75 15 1 73 9 0 801 12 7 1,509 16 0 224 4 4 264 19 2 Officers' labour and supervision .. .. .. .. 988 18 10 58 10 3 67 16 7 53 17 7 105 1 6 329 3 8 155 0 1 219 9 2 Interest on capital .. .. .. .. .. 597 13 2! .. .. .. .. .. .. 597 13 2 Depreciation of plant .. .. .. .. .. 53 3 4 .. .. .. .. .. .. 53 3 4 Depreciation under provided in previous years .. .. 1757 .. .. .. .. .. .. 1757 Sectional profits on working .. .. .. .. .. (Loss) 319 8 1 (Loss) (Loss) (Loss) (Loss) (Loss) 8,634 12 1 670 17 4 1,623 16 1 225 4 3 1,322 11 3 j 2,893 13 5 653 18 11 1,563 18 11 Income. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. £ s. d. By Sales of live-stock and produce .. .. .. .. 2,616 14 5 193 10 5 636 10 1 106 13 8 723 18 10 330 5 2 488 2 8 137 13 7 Payment for maintenance of Defence reserve .. .. 125 0 0 . . .. .. . . .. .. 125 0 0 Rent of pig-farm .. .. .. .. .. 10 0 0 .. .. .. .. 10 0 0 Live-stock grazing credits, as per contra .. .. .. 393 6 10 .. .. .. ., 393 6 10 Closing stocks — Live-stock .. .. .. .. .. .. 1,342 8 0 215 10 0 985 12 0 56 13 0 .. .. 69 10 0 15 3 0 Crops, &c. .. .. .. .. .. .. 662 15 0 .. .. .. 263 0 0 399 15 0 Miscellaneous stores and tdtols .. .. .. 175 7 2 .. 1 14 0 .. 9 2 0 .. 16 19 11 147 11 3 Sectional losses on working .. .. .. .. .. 261 16 11 (Profit) 61 17 7 326 10 5 1,760 6 5 79 6 4 1,138 11 1 Net total loss on working .. .. .. .. 3,309 0 8 8,634 12 1 670 17 4 1,623 16 1 225 4 3 1,322 11 3 I 2,893 13 5 1 653 18 11 1,563 18 11

B.—l [PT. IV].

PRISONS DEPARTMENT—continued. KITCHEN GARDEN AND TRUCK FARMING. Profit and Loss Account for the Year ended 31st March, 1929.

125

: Total. Addington. Auckland. Napier. New Plymouth. Waikune. Wanganui. Wellington. Point Halswell. Minor Gftola. Expenditure. To Opening stocks — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. ; £ s. d. £ s. d. £ s. d. Tools and stores .. .. 76 6 8 .. 17 15 7 .. .. 28 8 8 .. .. 30 2 5 Live-stock and poultry .. " .. 207 12 7 8 11 6 .. .. 27 11 6 16 12 0 .. 9 0 0 145 17 7 Vegetables in garden .. .. 238 82 10 38 115 84 5 00 41 12 0 .. 1 13 4 46 49 9611 8 19 2 Purchase of seeds and manures .. 73 19 11 4 16 10 16 3 11 4 18 9 13 18 6 0 11 7 2 14 4 11 0 1 19 15 11 Purchase of poultry-feed .. .. 11114 597 .. .. .. .. .. .. 619 Purchase of cattle-feed and pig-feed .. 40 8 9 0 9 0 .. .. .. .. .. 5 18 7 34 1 2 Purchase of live-stock and transfer 218 13 1 9 14 0 .. .. .. .. .. 166 18 5 42 0 8 from other institutions Feed consumed on farm .. .. 1 14 10 . . .. .. .. .. .. .. 1 14 10 Tools, repairs to plant, &c. .. .. 12 14 9 193 .. 066 .. .. .. 616 4 17 6 Freight, cartage, &c. .. .. 32 80 140 .. 020 4 11 1 .. .. 18 12 7 '7 18 4 Rent of grazing-paddook .. .. 50 0 0 .. .. .. .. .. .. 16 13 4 33 6 8 Sundry expenses .. .. .. 48 7 7 3 5 0 1 13 6 0 4 0 .. 1 .. 4 4 0 2 9 4 36 11 9 Prison labour .. .. .. 1,479 5 3 188 2 6 213 0 1 30 10 0 265 16 2 3 0 0 33 7 6 455 12 5 266 3 8 23 12 11 Supervision .. .. .. 535 18 4 12 0 0 21 7 6 .. 145 16 7 2 10 9 .. 200 10 7 153 12 11 Interest on capital .. 122 6 5 0 16 11 5 19 10 0 4 6 40 0 3 5 14 2 0 1 6 2 17 9 66 3 5 0 8 1 Depreciation on plant, &c. .. .. 15 6 10 . . .. . . . . 0 2 5 .. 0 8 9 14 15 8 Sectional profits on working .. .. (Loss) 389 16 6 7 15 0 (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) 3,165 2 6 246 2 3 781 5 3 49 0 9 539 6 1 56 19 7 42 0 8 942 8 1 | 872 11 2 33 0 2 Revenue. By Sales and issues of produce to kitchens— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. , £ s. d. £ s. d. £ s. d. £ s. d. Poultry and eggs .. .. 18 15 11 8 9 7 .. .. .. .. .. .. 10 6 4 Vegetables .. .. .. 1,065 2 4 48 9 7 582 5 0 40 1 0 153 15 8 . ■ 32 10 0 155 13 11 37 4 7 15 2 7 Milk and cream .. .. .. i 293 3 6 41 2 3 .. .. 36 14 11 .. .. 93 11 9 121 14 7 Pigs and pork .. .. .. 184 10 4 . . .. .. 44 14 9 16 14 2 .. 92 12 3 30 9 2 Live-stock transferred to other in- 148 711 .. .. .. .. .. .. 148 7 11 stitutions Grazing live-stock for other institu- 5 0 10 .. .. .. .. 5 0 10 tions Tools and harness transferred to other 9 14 6 .. .. .. .. .. .. 9 14 6 institutions ' 1 — 1,724 15 4 98 1 5 582 5 0 40 1 0 235 5 4 21 15 0 32 10 0 341 17 11 357 17 1 15 2 7 Closing stocks — Live-stock and poultry .. .. 197 16 5 14 0 0 .. .. 24 17 6 15 7 0 .. 135 2 11 8 9 0 Vegetables .. .. .. | 315 10 1 12 1 9 182 17 9 8 19 9 53 4 7 .. 1 13 4 38 17 1 8 8 4 9 7 6 Tools and stores .. .. 40 7 0 .. 16 2 6 .. .. .. .. 12 5 3 11 19 3 Sectional losses on working .. .. .. 121 19 1 (Profit) (Profit) 225 i8 8 19 17 7 7 17 4 414 4 11 485 17 6 8 10 1 Total net loss on working .. .. 886 13 8 | 3,165 2 6 246 2 3 781 5 3 49 0 9 539 6 1 56 19 7 42 0 8 942 8 1 872 11 2 33 0 2

B. —1 [PT. IV].

126

PRISONS DEPARTMENT—continued. LABOUR CONTRACTS FOR OTHER GOVERNMENT DEPARTMENTS. Profit and Loss Account for the Year ended 31st March, 1929.

LAUNDERING, MENDING, AND SEWING INDUSTRY. Profit and Loss Account for the Year ended 31st March, 1929.

WAIKUNE PRISON : MOTOR TRANSPORT. Profit and Loss Account for the Year ended 31st March, 1929. Expenditure. , Revenue. To Opening stocks—Loose tools and £ s. d. £ s. d. |By Cartage— £ s. d. £ s. d. stores .. .. .. .. 270 14 10 General .. .. .. 1,365 16 7 Benzine, oil, &e. .. .. 1,378 12 6 ' Government Departments .. 167 19 5 Tires and tubes .. .. 623 9 3 Own institution roadworks' .. 2,837 17 9 Machine parts, tool repairs and Other institutions .. .. 664 18 5 replacements .. .. 625 2 5 Services of mechanics on repairing Workshop stores, oil, &c. .. 119 5 0 road plant .. .. .. 172 17 0 Freight, cartage, &c. .. .. 162 1.8 1 Sale of benzine and oil .. .. 175 10 11 Sundries .. .. .. 27 9 9 5,585 0 1 2,936 17 0 Closing stocks — Prison labour .. .. .. .. 1,401 7 0 Loose tools and stores .. .. 511 6 7 Officers' labour and supervision .. .. 496 15 4 Depreciation of motors, plant, &o. . . 217 13 10 Interest on capital .. .. . . 83 16 4 Profit on working, carried down .. .. 689 2 4 £6,096 6 8 £6,096 6 8 To Motor parts, &c., undercharged in £ s. d. £ s. d. £ s. d. previous years .. .. 23 6 10 By Profit, brought down .. .. .. 689 2 4 Depreciation undercharged in previous year .. .. .. 15 12 3 38 19 1 Net profit on working .. .. .. 650 3 3 £689 2 4 I £689 2 4

Total. i Auckland. Wanganui. Wellington. Wi Tako. : I ; Expenditure. £ s. d. £ ja. d. ! £ s. d. £ s. d. £ s. d. To Sundry expenses .. .. .. .. 22 17 8 .. .. 22 17 8 Prison labour .. .. .. .. .. 1,774 5 0 37 8 0 1 122 6 3 994 0 9 620 10 0 Officers' supervision .. .. .. .. 319 0 9 8 5 4 .. 274 19 4 35 16 1 Net sectional profits for year .. .. .. .. 10 19 8 (Loss) (Loss) 1 1 10 2,116 3 5 56 13 0 122 6 3 1,291 17 9 657 7 11 Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Proceeds of labour .. .. .. .. 1,887 18 4 56 13 0 19 12 0 1,154 5 5 657 7 11 Net sectional losses for year .. .. .. .. (Profit) 102 14 3 137 12 4 (Profit) Net total loss for year .. .. .. .. 228 5 L 2,116 3 5 56 13 0 122 6 3 1,291 17 9 657 7 11

| Total. | Auckland. j Point Halswell. Addington. / Expenditure. £ s* d £ s d £ s d jBsd To Cleaning-materials .. .. .. 113 15 10 67 18 3 22 3 9 23 13 10 Mending-materials .. . . .. 60 6 6 56 8 11 3 17 7 Fuel, light, and power .. .. .. 242 14 8 51 9 10 87 9 7 103 15 3 Repairs to plant .. .. .. .. 80 5 5 3 10 3 4 17 1 71 18 1 Cartage and freight .. .. .. 215 3 8 60 18 11 59 16 6 94 8 3 Sundries .. .. .. .. .. 10 10 1 .. 9 4 0 1 6 1 Prison labour .. .. .. .. 1,393 13 0 556 19 11 560 8 1 276 5 0 Supervision .. .. .. .. 379 1 7 104 13 8 194 6 11 80 1 0 Depreciation of buildings and plant .. .. 45 9 2 6 15 0 16 16 11 21 17 3 Interest on capital.. .. .. .. 57 8 1 4 1 0 29 7 2 23 19 11 Net profits on working .. .. .. 1,245 9 11 1,048 10 11 106 3 2 90 15 10 3,843 17 11 1,961 6 8 1,094 10 9 788 0 6 Revenue. £ s. d. £ s. d. £ s. d. £ s. d. By Laundering credits from institution .. .. 1,944 8 9 1,391 9 1 434 10 4 118 9 4 Laundering credits] from j other Government 1,872 15 1 543 3 6 660 0 5 669 11 2 Departments Closing stocks — Fuel, materials, &c. . • .. 107 10 7 Partly completed work .. .. .. 25 13 6 25 13 6 j 3,843 17 11 | 1,961 6 8 1,094 10 9 788 0 6 Last year's closing stocks, Point Halswell, included this 3 ear in Institution Account.

B.—l [PT. IV].

127

PRISONS DEPARTMENT —continued. WELLINGTON PRISON: MISCELLANEOUS INDUSTRIES. Profit and Loss Account for the Year ended 31st March, 1929.

QUARRYING AND GRAVEL-PIT WORKING. Profit and Loss Account for the Year ended 31st March, 1929.

Total. | ea^"aU^ j Floor-polish, j Sandsoap. j Timber. Firewood. Expenditure. To Opening stocks— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Raw materials .. .. 265 15 9 214 5 6 51 10 3 Stock-in-trade . . 153 5 6 . . .. .. 153 5 6 Snndry expenses— Raw materials .. .. 226 9 0 56 13 11 100 9 0 66 1 1 .. 3 5 0 Tools and repairs .. .. 5 8 10 3 0 6 .. 2 8 4 Freight, cartage, and packing 62 16 0 16 12 11 33 16 7 12 2 3 . . 0 4 3 Sundries .. .. .. 0 17 11 0 0 5 .. 0 17 6 Prison labour .. . . 109 18 5 39 8 5 20 5 8 1 49 7 5 .. 0 16 11 Supervision .. .. .. 18 00 600 6 0 0 600 Interest on capital .. .. 18 17 1 9 12 10 2 6 4 .. 6 17 11 Net sectional profits .. .. .. 52 0 3 60 11 5 (Loss) (Loss) 10 3 10 Net total profit for year .. 82 6 3 . . .. i i 943 14 9 397 14 9 274 19 3 136 16 7 160 3 5 14 10 0 1 Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales and issues .. .. 852 5 5 341 1 6 260 10 11 82 10 3 153 12 9 14 10 0 Closing stocks — Raw materials .. .. 77 1 4 56 13 3 14 8 4 5 19 9 Stock-in-trade .. .. 14 8 0 . . .. 14 8 0 Net sectional losses .. .. .. (Profit) (Profit) 33 18 7 6 10 8 (Profit) 943 14 9 397 14 9 274 19 3 136 16 7 160 3 5 14 10 0

| Total. | Auckland. ! Napier. i New Plymouth. I Wellington. Paparua. I I I I I Expenditure. To Opening stocks — .£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Consumable stores .. .. 180 18 4 114 13 8 15 8 3 50 16 5 Metal .. .. .. .. 1,189 16 6 437 11 6 82 5 0 420 0 0 .. 250 0 0 Machine parts and repairs .. .. 1,077 2 8 539 14 11 .. .. .. 537 7 9 Loose tools and repairs .. .. 154 8 11 78 1 4 5 8 9 16 18 10 .. 54 0 0 Explosives .. .. .. 331 8 0 324 4 0 .. 7 4 0 Lubricants .. .. .. 99 16 7 90 16 1 .. .. .. 9 0 6 Horse-feed .. .. 150 2 9 150 2 9 Replacement and repairs to harness .. 12 5 9 12 5 9 Fuel, light, power, and water.. .. 1,575 18 5 1,499 0 7 .. 5 9 1 .. 71 8 9 Freight and cartage .. .. 2,717 18 10 338 4 9 1 7 4 2 14 3 .. 2,375 12 6 Maintenance of quarry roads .. 82 12 0 32 12 0 .. 50 0 0 Hospital maintenance of accident cases 161 0 0 161 0 0 Telephone rental .. .. .. 15 5 0 15 5 0 Legal and sundry expenses .. .. 166 4 0 135 14 0 .. 1 0 6 .. 29 9 6 Bad debts .. * .. .. .. 500 0 9 226 16 3 .. .. .. 273 4 6 Prison labour .. .. .. 13,387 10 4 8,611 4 7 459 16 3 1,811 18 0 37 9 6 2,467 2 0 Supervision .. .. .. 2,025 5 10 1,464 18 7 201 16 0 225 19 11 .. 132 11 4 Depreciation (buildings, plant, and horses) 1,073 12 6 1,069 16 5 .. 0 17 3 2 18 10 Interest on capital .. .. .. 1,380 19 5 1,325 18 0 4 7 11 35 15 7 2 12 11 12 5 0 Net sectional profits for year .. .. 893 6 8 (Loss) (Loss) 20 8 9 (Loss) 26,282 6 7 17,521 6 10 770 9 6 2,628 13 10 63 10 0 6,212 1 10 Revenue. £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. [ £ s. d. By Sales of metal .. .. ,. 24,176 15 2 16,880 19 11. 290 1 9 1,436 13 o| 63 10 0 5,505 10 6 Royalty from leases . . ■ . 450 0 0 450 0 0 .. .. j .. Closing stocks — Consumable stores .. 194 9 4 108 10 11 25 6 6 47 6 11 .. 1 13 5 0 Metal .. .. .. .. 584 6 0 81 16 0 181 10 0 192 5 0 .. 128 15 0 Net section losses for year .. .. .. (Profit) 273 11 3 952 8 11 1 (Profit) i 564 11 4 Net total loss for year .. .. 876 16 1 j . . . . j .. | .. 26,282 6 7 jl7,521 6 10 ! 770 9 6 2,628 13 10 63 10 0 J 6,212 1 10

B.—l TPT. IVI

128

PRISONS DEPARTMENT—continued. WAIKUNE PRISON : ROADMAKING AND MAINTENANCE. Profit and Loss Account for the Year ended 31st March, 1929. Expenditure. Revenue. To Opening stocks — £ s. d. £ s. d. By Credits for construction and main- £ s. d. £ s. d. Horses .. .. .. 364 15 3 tenance of roads .. .. 8,855 5 9 Stores .. .. .. 509 6 6 Horse cartages .. .. 4 4 0 Loose tools and harness .. 323 13 6 Sundry contracts .. . . 332 9 10 1,197 15 3 Sale of explosives and other stores 356 5 7 Sundry expenses — Sale of metal .. .. 1,630 10 6 Explosives.. .. .. 117 18 2 11,178 15 8 Horse-feed and expenses .. 511 12 0 Closing stocks— Replacement and repairs to Horses .. .. .. 272 6 0 implements and tools .. 197 15 7 Stores .. .. .. 11l 16 0 Fuel, oil, grease, &c. .. 27 6 5 Loose tools and harness . . 234 1 10 Repairs to harness .. .. 15 8 6 618 3 10 Charges for use of motor- Loss on working .. . . .. 474 0 7 vehicles and freight .. 2,341 14 10 Sundries .. .. .. 153 12 10 Expenses of supervision .. 50 2 1 3,415 10 5 Prison labour .. .. .. 6,343 11 0 Officers' supervision .. .. .. 1,225 4 8 Interest on capital .. . . .. 7113 Depreciation of plant .. .. .. 17 17 6 £12,271 0 1 £12,271 0 1 AUCKLAND PRISON: TAILORING. Profit and Loss Account for the Year ended 31st March, 1929. Expenditure. \ Revenue. To Opening stocks— £ s. d. £ s. d. Raw materials .. .. 178 19 2 By Manufactures to General Store £ s. d. £ s. d. Completed work and work in for sale and issue .. .. 4,884 6 5 progress .. .. 37 3 8 Closing stocks — Loose tools .. .. 32 19 11 Raw materials .. .. 183 7 11 — 249 . 2 9 Completed work and work in Raw materials .. .. 2,586 10 2 progress .. .. 37 11 0 Machine parts and repairs .. 8 2 2 Loose tools .. . . 12 14 9 Fuel, light, power, and water .. 80 14 4 233 13 8 Sundry expenses .. .. 0 5 6 2,675 12 2 Prison labour .. .. .. 905 9 8 Supervision .. .. .. .. 167 3 10 Interest on capital .. .. .. 40 9 2 Depreciation on plant and machinery .. .. .. .. 32 10 0 Net profit for year .. .. .. 1,047 12 6 £5,118 0 1 £5,118 0 1 AUCKLAND PRISON: TINSMITHING AND CARPENTERING. Profit and Loss Account for the Year ended 31st March, 1929. Expenditure. j Revenue. £ s. d. £ s. d. To Opening stocks— £ s. d. £ s. d. By Saks, repairs, and prison issues .. 403 14 3 Loose tools .. .. .. 46 18 11 Closing stocks-Stock-in-trade .. . . .. 62 18 8* Loose tools . 56 9 8 109 17 7 Stock-in-trade .. . . . 50 1 3 Materials .. .. .. .. 137 18 11 106 10 11 Prison labour .. .. .. .. 212 12 II Interest on capital .. .. .. 3 0 9 Net profit for year .. . . . . 46 15 0 £510 5 2 £510 5 2 * Includes reanalysis of previous year's stocks. AUCKLAND PRISON : MAIL-BAG REPAIRS. Profit and Loss Account for the Year ended 31st March, 1929. To Opening stocks- £ s. d. £ s. d. By Charges to Post and Telegraph De- £ s. d. £ s. d. Raw materials .. .. 254 5 11 partment for repairs and washing .. 2,152 1 8 Work in progress . . 30 19 6 i Closing stocks— 285 5 5 Raw materials .. .. 176 4 9 Canvas, twine, dies, &c. . . .. 420 4 7 Work in progress . . 714 7 Soap, soda, brushes, &c. .. .. 21 12 0 183 19 4 Machine parts and repairs .. .. 6 7 5 Fuel, light, power, and water .. 10 13 3 458 17 3 Prison labour .. .. .. .. 527 5 9 Supervision ... .. . . . . 6(J 0 0 Interest on capital .. .. .. 14 7 4 Depreciation on machines and plant.. .. 1 14 0 Net profit for year .. .. .. 988 11 3 £2,336 1 0 £2,336 1 0

B.—l [PT. IV

129

PRISONS DEPARTMENT—continued. Balance-sheet as at 31st March, 1929. Liabilities.

17 II 1 [Pt. IV].

Total. Addington. Auckland. Hautu. Invercargill. Napier. New Plymouth. Paparua. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Capital Account .. .. .. 925,001 13 111 22.600 9 11 15,260 13 8 223,482 6 6 I 35,138 0 9 145,875 13 1 7,805 13 9 11,181 2 9 150,392 4 8 Treasury Adjustment Account .. .. d2,920 9 3J ' i Depreciation Reserve .. .. .. 107,650 1 3 454 19 0 2,693 0 1 37,125 1 10 663 2 1 13,780 4 10 656 2 6 1.585 0 9 14,567 17 3 Sundry creditors .. .. .. 9,893 4 5 1,148 12 3 47 12 4 1,745 14 1 319 10 10 1,248 7 8 74 13 5 134 3 5 861 8 11 Accrued earnings of prisoners .. .. 8,727 15 3 .. 155 12 3 2,421 6' 5 442 19 6 j 1,449 15 4 14 17 11 729 11 10 620 14 10 Deposits .. .. .. •• 1,466 4 10 158 9 1 27 2 0 239 2 8 39 12 6 57 9 5 4 5 4 38 5 5 65 11 5 Writings off Suspense Reserve .. .. 28,354 0 11 28,354 0 11 Exhibition Suspense Reserve .. .. 132 15 6 132 15 6 .. jl,134, 146 5 4 ! 52,849 6 8 i 18,184 0 4 j 265,013 11 6 j 36,603 5 8 162,411 10 4 8,555 12 11 13,668 4 2 166,507 17 1 — — Point Halswell. Rangipo. i Waikeria. Waikune. Wanganui. j Wellington. Wi Tako. Minor Gaols. j j _ ' I £ s. d. £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. £ s. d. Treasury Adjustment Account 1! !! } 18,225 8 7 ' 14,438 14 8 116,279 5 10 9,797 0 2 1 7,212 0 2 110,542 11 10 60,115 0 10 29,575 16 0 Depreciation Reserve .. .. .. .. .. 2,513 12 7 207 15 6 8,829 2 6 2,196 9 10 1,002 16 3 7,018 7 5 9,294 9 9 5,061 19 1 Sundry creditors .. .. .. .. .. 135 12 1 88 16 10 1,538 3 3 1,575 12 5 68 16 8 443 15 6 269 12 0 192 12 9 Accrued earnings of prisoners .. .'. .. .. 72 14 0 269 10 10 I 954 2 0 707 8 0 240 10 10 319 7 10 329 3 8 Deposits .. .. .. .. .. .. 4 10 5 6 8 9 87 11 10 99 5 5 17 2 1 72 5 7 546 13 11 2 9 0 Writings off Suspense Reserve ........ Exhibition Suspense Reserve ........ 20,951 17 8 15,011 6 7 127,688 5 5 14,375 15 10 8,541 6 0 118,396 8 2 70,555 0 2 34,832 16 10

B.—l [Pt. IV],

PRISONS DEPARTMENT—continued. Balance-sheet as at 31st March, 1929—continued. Assets.

130

Head Office New Point I I ■ ' Total. I and General Addington. Auckland. Hautn. Invercargill. Napier, i Plymouth Paparua. Halswell Rangipo. Waikeria. Waikune. 1 Wanganui. Wellington. Wi Tako. Minor Gaols. Stores. j i I j r i i ~~ j r : Rangitoto Island Improvements Ac- | count —• £ 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. £ s. d. £ s. d. Expenditure to 31st March, 1929 7,136 3 1 .. .. 7,136 3 1 Less expenditure to 31st March, 4,888 18 8 .. .. 4,888 18 8 1928, transferred to National Development Account i — * *—— — —• —— —• — * • — : —— — —• 2,247 4 5 .. .. 2,247 4 5.. Land and buildings — ■ !— ■— ■— — —— —— —— — — —•, — I— : — — — — — — ——• — ■— ■— — ■—— — ■— ■ Freeholds .. .. .. 158,593 0 8 .. 3,845 0 0 6,961 0 0 .. 29,229 13 23,650 15 6 1,810 0 0 22,170 6 5 1,045 0 4 .. 47,128 13 0 358 1 21,000 0 0 25,781 18 3 11,713 12 10 3,899 0 0 Leaseholds .. .. .. ! 11,651 1 2 .. .. •• •• 11,651 1 2 .. .. .. .. .. | .. .. .. .. ... | Taupo Land Development Account I 34,889 13 4 .. .. •• 24,698 1 1 .. .. .. .. .. 10,191 12 3; .. .. .. .. .. ! Buildings .. .. .. 620,507 19 10 .. 9,926 5 0194,242 6 8 4,651 0 10 84,583 19 22,506 15 3 6,358 17 4116,620 5 4 13,207 11 3 1,828 19 3148,539 10 2 5,560 10 23,942 12 7 75,977 13 10 28,006 7 724,555 5 5 825,641 15 0 .. 13,771 5 0201,203 6 829,349 1 ll|l25,464 13 66,157 10 17 4|l38,790 11 914,252 11 712,020 11 e! 95,668 3 2 ( l 5,918 11 44,942 12 7101,759 12 139,720 0 528,454 5 5 Farm and garden assets — —— — •—• —; —— :— *— *—- — *— • —- —— — — * — * * —— — -I * — —• — Live-stock .. .. .. 19,691 12 .. ! 14 0 0 .. 2,603 19 0 4,106 6 6 .. 24 17 6 2,611 17 2 8 9 0 700 0 0 8,144 1 1 .. .. 135 2 11 1,342 8 0 Crops .. .. ..1 7,385 16 .. I .. •• 688 17 6 1,194 10 0 .. .. j 1,613 15 0 .. 405 0 0i 3,083 4 0 .. .. .. 399 15 0 Gardens, orchards, and nurseries 2,375 7 7 .. 12 1 9 182 17 9 56 14 1 129 8 0| 8 19 9 53 4 71 474 5 6 8 8 4 1 12 0; 1,117 13 8 8 2 3 1 13 4 38 17 1 272 2 0 9 7 6 Implements and machinery .. 5,619 6 3 .. .. . . 315 12 3 1,234 16 3 .. 1,441 12 0 211 3 6 361 15 4 1,827 12 0 .. .. 26 7 6 200 7 5 Tractors .. .. . . 697 8 10 .. . . . . 184 6 8 . . 181 7 2 . . . . . . .. . . . . 331 15 0 Harness, loose tools, and sundry 2,584 11 7 .. .. 16 2 6 541 13 2 377 16 10j 3 14 6 10 10 5 453 10 11 11 19 3 109 10 5 881 3 2 .. .. 12 5 3 166 5 2 stores Apiary .. .. .. 98 19 6 .. .. .. • • • • • • . . • • • ■ . . 98 19 6 38,451 16 5 .. 26 1 9 199 0 3 4,391 2 8j 7,042 17 7 12 14 3 88 12 6 6,776 7 9 240 0 1 1,577 17 91 15,152 13 5 8 2 3 1 13 4 212 12 9 2,712 12 7 9 7 6 Miscellaneous industry and institu- — * — —• — —• —— * * ;— — — * ■ —— — 1— : tion assets —• j I i ' i ! Fixed plant .. .. •• 1 35,831 12 7 .. 480 15 11 19,447 6 9 .. •• .. 17 5 4j • • •• .. .. .. .. 49 16 1015,836 7 9 Implements and machinery .. 6,386 13 2 .. 3 12 0' 2,643 18 8 .. 1,050 8 21 .. . . 1,087 12 1 19 14 10 .. 9 13 1 471 19 8 .. 27 16 1 1,069 8 7 2 10 0 Motor-vehicles .. • • 6,441 10 11 • • .. 1,264 4 7 • • 485 9 5 . . .. 825 13 0 .. .. 770 9 3 1,609 11 5 .. 1,486 3 3 Lighters .. .. • • 1 > 064 00 .. .. .. .. 1? 064 00 .. .. • • Loose tools and harness .. 2,725 18 5 .. I 19 19 0 "68118 11 . • 210 18 4 33 0 5 73 3 6! 380 10 8 17 1 0 .. 128 19 9 743 10 7 17 16 0 239 19 6 134 10 6 44 10 3 Arms and accoutrements . . 805 6 0 . - .. ; 645 1 8 2 4 0 48 17 4 17 9 0; 23 15 6 25 17 0 1 9-0 . . 8 3 6 5 8 0 . . 18 18 1, 2 4 11 5 18 0 Library and school books . . 769 6 4 1 19 6| 21 6 8 111 2 6 12 10 0 181 11 0 28 2 3: 79 3 9 39 17 4 9 4 6 . . 94 15 6 . . 43 12 0 75 0 0, 70 0 6 1 0 10 Furniture and fittings .. 11,782 2 9 1,372 10 1 571 17 8 2,375 7 9 186 5 5 1,785 14 2| 138 2 0 221 16 2 1,041 7 7 525 12 10 70 15 4 906 2 7; 513 10 10 206 13 6 1,202 7 7j 381 15 8 282 3 7 Clothing and bedding .. 14,159 10 6 .. 410 8 9! 2,600 19 11 996 6 2 2,846 10 1 165 8 10 469 2 10; 1,252 8 2 465 13 4 503 16 4 1,526 4 01 871 3 5 232 19 5 898 18 7 518 9 7 401 1 1 Band instruments .. .. 230 0 0j .. . . 1 . . .. 230 0 0 Stock-in-trade and raw material 3,818 18 3 .. .. 1,683 8 0 .. 437 3 2 181 10 0 192 5 0 778 3 5j •• .. .. 59 15 3 .. 91 9 4 395 4 1 Stocks in general stores .. | 9,754 4 5 9,754 4 5; .. .. .. ! •• .. .. .. Stocks in local,stores .. .. 7 ,052 1 1 .. 249 10 2 1,297 3 3 94 6 10 1,479 18 4 150 9 8 244 18 4 253 1 7 535 4 3 37 4 8| 888 19 2 501 5 6 59 6 5 993 3 4 291 10 1 0 0 7 Stocks in transit .. .. 204 7 4 .. .. .. .. • • •. . . .. j • • , • • .. 180 6 3 Horses in quarries and roadworks 436 5 4 .. .. 114 16 4 .. • • •. .. . • j • • • • .. 287 13 0 .. 33 16 0 101,461 17 1 11,128 14 0, 1,757 10 2 32,865 8 4 1,291 12 5 9,820 10 0 714 2 2j 1,321 10 5j 5,684 10 10 1,573 19 9 611 16 4 4,333 6 10 5,244 3 11 560 7 4 5,117 8 7jl8,699 11 8 737 4 4 Sundrv debtors .. 8,750 12 ll 3,366 9 8! .. 801 0 3 22 8 l! 470 1 6 49 15 31 84 3 0! 1,203 11 O] 0 17 0 .. 479 13 9 1,110 2 8 .. 267 19 3| 892 1 2 2 9 6 Cash in Deposit Accounts . . 1,460 4 10 158 9 1 27 2 0 239 2 8 39 12 6: 57 9 5 4 5 4 38 5 5! 65 11 5\ 4 10 5 6 8 9 87 11 10 99 5 5 17 2 1 72 5 7 546 13 11 2 9 0 Butterfat bonuses held on deposit.. 792 10 0 .. .. .. .. 30 0 0 .. .. .. .. .. 762 10 0 - • •• •• •• Expenditure paid in advance .. 101 1 1 2 10 7 6 8 3 1 11 0 67 0 2 0 2 0, 8 3 4 3 9 3 2 19 4 1 14 1 4 12 6 . . 2 10 7 Postage-stamps.. .. • • 66 12 10 9 4 2 0 3 8, 12 19 4 2 3 6, 5 16 7 1 11 2 5 4 6; 1 7 8 4 3 5 6 1 9 3 13 2 .. 2 4 0 4 8 1 4 1 1 3 10 9 Brickworks Improvements Instal- 244 1 4f .. .. j .. .. j • • • • .. | .. • • i • • .. .. • • .. 244 1 4 ment Account — — — ■—• —• 1 * " *— — *—• — ■— ■ ' " ' ' —— — 1 ' i 7 ' '! ' ' ' —" ■ *— — 1 11,421 2 2 3,536 13 6 33 13 ll! 1,053 2 S\ 65 15 1 630 7 8 55 11 9| 127 14 11 1,278 13 5| 13 0 1 15 9 10 1,335 2 10 1,214 0 7 19 6 1 347 3 6 1,686 17 6 8 9 3

B.—l [Pt. IV].

131

Writings off in Suspense — j | j I I Sundry stores and live-stock .. 866 7 2 866 7 2 .. .. .. ., ! .. .. ! .. .. .. .. .. • • • • ' Terrace Prison demolition .. 5,838 10 5 5,838 10 5 .. .. .. .. .. .. • .. .. .. .. .. .. .. j Invercargill Borstal Farm re valua- 24,495 0 0 24,495 0 0, .. .. , .. .. .. .. .. .. •• tion Waikeria Sawmill realization .. 2,485 1 10 2,485 1 10 .. .. .. .. .. .. .. .. .. .. .. .. Bad debts .. .. .. 507 11 11 507 11 11 .. .. .. .. .. .. , .. .. .. .. .. | I 34,192 11 4 34,192 11 4 .. .. j .. .. .. .. .. .. .. .. .. •• I •• ! Revenue Accounts for year ended i — — —— —— ■— ■— — ■— ■— ■—— — — ■ — — ; — 31st March, 1929 —• Cost of institution upkeep .. 107,209 10 6 .. 2,564 6 3 31,920 1 6; 1,505 13 7:15,556 17 61,349 17 9 2,783 1 5 12,927 19 4 4,492 11 10 785 11 2 8,511 16 9 2,147 2 102,906 15 1 10,510 9 0 3,632 6 3 5,615 0 3 Industry Accounts .. .. 9,529 0 7 31 3 3 0.4,474 11 11 .. ! 3,896 4 1 265.16 3 1,178 7 7 1,049 14 0 379 14 4 .. 2,687 2 5 Cr. 156 5 1 110 11 7 449 2 3 4,103 11 9 8 10 1 Prison Board and probation upkeep 3,991 7 10 3,991 7 10 .. I 120,729 18 11 3,991 7 loj 2,595 9 6 27,445 9 7 1,505 13 7\ 19,453 1 71,615 14 0 3,961 9 0 13,977 13 «j 4,872 6 2 785 11 a| 11,198 19 2 1,990 17 9,3,017 6 8! 10,959 11 3 7,735 18 0, 5,623 10 4 1,134,146 5 452,849 6 818.184 0 4265,013 11 636,603 5 8162,411 10 4 8,555 12 11 13,668 4 2166,507 17 li20,951 17 815,011 6 7127.688 5 514.375 15 108.541 6 0118,396 8 270,555 0 234.832 16 10 1 I i • J _ i : • l__ J ! ! ■ Note. —The following charges are included in the accounts for which the Department possesses no parliamentary appropriations : (a) Rental value as assessed by the Justice Department and Public Works Department; (6) interest at 4J per cent, on capital as at 1st April, 1928. The cost of erection and maintenance of buildings are appropriated in votes under the control of the Public Works Department. G. 0. Hall, A.R.A.N.Z., Accountant, Prisons Department. B. L. Dallard, A. I.A.N. Z., A.R.A.N.Z., Controller-General of Prisons. I hereby certify that the Institutional Accounts, Subsidiary Working Accounts, 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 note and to the comment: No charge for Head Office administration has been made against the various Industry Working Accounts. — G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

132

PUBLIC DEBT REDEMPTION FUND. Showing the Net Cost to the Taxpayer of Debt-reduction under the Repayment of the Public Debt Act, 1925. Revenue Account foe the Year ended 31st March, 1929. Dr. Cr. To Public Debt Repayment Account — £ s. d. By Interest on the Public Debt Redemption Payments from Consolidated Fund — Fund — £ s. d. | per cent, on public debt outstanding Public Trust Office .. .. .. 418,666 1 8 as at 31st March, 1928 .. .. 944,454 7 6 Discharged Soldiers Settlement Account .. 434,000 0 0 3| per cent, of the amount of the public State Advances Office .. .. .. 153,924 9 5 debt redeemed to 31st March, 1928 .. 99,104 14 7 Excess of expenditure over revenue .. 40,337 3 6 3J per cent, of the amount of the public debt cancelled during the year computed from dates of redemption .. 3,368 12 6 £1,046,927 14 7 £1,046,927 14 7 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Public Debt Redemption Fund .. .. 22,075,644 10 6 Investments in— £ s. d. Treasury Adjustment Account .. .. 150,370 16 4 Public Trust Office .. .. .. 7,966,688 11 2 Discharged Soldiers Settlement Account .. 10,850,000 0 0 State Advances Office .. .. .. 3,258,955 19 4 Interest accrued — Public Trust Office .. .. .. 734 11 9 State Advances Office .. .. .. 35,7751111 Discharged Soldiers Settlement Account .. 35,671 4 8 Interest due and unpaid— Discharged Soldiers Settlement Account .. 26,852 2 3 State Advances Office .. .. .. 11,000 2 3 Excess of expenditure over income ... .. 40,337 3 6 £22,226,015 6 10 £22,226,015 6 10 A. D Park, E.1.A.N.Z., F.R.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. The following comment is appended: The capital moneys advanced to the Discharged Soldiers Settlement, £13,500,000, are, in accordance with a ruling of the Crown Law Office, reducible in terms of section 8 (1) (b) of the Repayment of the Public Debt Act, 1925, as amended by section 21 of the Finance Act, 1927 (No. 2), by any amounts lawfully written off (whether before or after the commencement of the 1925 Act) by virtue of the operation of the Discharged Soldiers Settlement Acts. The capital moneys have been reduced by £2,650,000, and interest has been credited on the residue, £10,850,000. The aforementioned reduction is not the total of the amounts lawfully written off, and the amount of interest credited is not therefore in accordance with the existing law. The Treasury advise that it is its intention to have the Act amended so as to obviate the necessity for tliis comment in future.—-G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

133

PUBLIC SERVICE COMMISSIONER'S OFFICE. Income and Expenditure Account fob the Year ended 31st March, 1929. Expenditure. .. £ s. d. Income. £ a. d' To Permanent charges—Salaries .. .. 1,806 9 0 By Examinations .. .. .. .. 183 11 10 Appropriations— £ s. d. * Balance .. .. .. .. .. 8,936 1 4 Printing and stationery .. 218 11 8 Postages and telegrams .. 128 18 6 Advertising .. .. 315 0 2 Appeal Board .. .. 99 14 10 Sundry payments .. .. 16 12 0 Rent .. .. .. 442 0 0 Travelling-expenses .. .. 532 19 2 Salaries .. .. .. 5,296 14 9 Telephone services .. .. 85 0 0 Office fittings and requisites .. 10 11 4 7,146 2 5 Unauthorized —Grant to Commissioner for travelling-expenses .. .. .. 35 0 0 Depreciation .. .. .. .. 132 1 9 £9,119 13 2 £9,119 13 2 £ s. d. £ s. d. To Balance brought down .. .. .. 8,936 1 4 By Excess of expenditure over income .. .. 9,005 8 8 Interest on capital (4J per cent, on £1,541 10s. 3d.) 69 7 4 £9,005 8 8 £9,005 8 8 Note.—4J per cent, interest on capital as at Ist April, 1928, is included in the above charges. The office possesses no parliamentary appropriation for this item. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital Account .. .. .. .. 1,541 10 3 Office furniture .. .. .. 1,541 10 3 Treasury Adjustment Account .. .. .. 8,386 11 8 Addition during year .. .. 53 6 8 Sundry creditors .. .. .. .. 69 8 11 —— 1,594 16 11 Depreciation Reserve .. .. .. .. 693 17 6 Stationery on hand .. .. .. .. 50 10 0 Official stamps on hand .. .. .. 10 12 9 Sundry debtors .. .. .. .. 30 0 0 Excess of expenditure over income .. .. 9,005 8 8 £10,691 8 4 £10,691 8 4 A. C. Turnbull, Secretary, Public Service Commissioner. 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.

B.—l [FT. IV].

134

PUBLIC SERVICE SUPERANNUATION FUND. Revenue Account foe the Year ended 31st March, 1929. £ s. d. i £ s. d. Amount of fund at beginning of year 2,528,454 5 6 Retiring-allowances— Members'contributions — To members .. .. .. 3.19,862 11 4 Under section 19 (ordinary) .. 253,520 9 5 To widows and children .. .. 31,533 7 7 Transferred from other superannua- Contributions returned— tion funds .. .. .. 72 8 6 Under section 37 (left service) .. 32,675 17 7 Interest on arrears of contributions 332 9 9 Under section 42 .. .. 11,288 19 10 Government subsidy— Under section 34 .. .. 269 10 4 Statutory .. .. .. 86,000 0 0 Interest —Section 38, Public Service Section 114, Public Service Super- Superannuation Act, 1927 .. 78 4 8 annuation Act, 1927 (widows and Contributions to other superannuation children) .. .. .. 14,007 8 6 funds (section 120) .. .. 515 14 8 Interest on investments .. .. 147,040 8 1 Loss on realization of securities .. 582 2 4 Fines, &c. .. .. .. 269 510 Expenses— Subsidy, Cook Islands and Samoa .. 1,1.23 0 0 Medical fees .. .. . . 73 10 0 Salaries .. .. .. 2,834 13 2 Audit fees .. . . . . 50 0 0 Heating and lighting .. 9 13 7 Rent .. .. 197 0 0 Cleaning .. .. . ■ 54 1 4 Messenger service .. ■. 46 0 0 Public Trustee's charges .. .. 3,676 4 3 Furniture and fittings .. . . 13 16 10 Contingencies .. .. .. 46 17 7 Printing and stationery .. .. 117 3 5 Typewriters and other machines (upkeep) .. .. .. 6 14 6 Postages, telegrams, and services .. 174 12 9 Post and Telegraph charges .. 769 12 6 Balance as at 31st March, 1929 .. 2,625,943 7 4 £3,030,819 15 7 £3,030,819 15 7 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Superannuation Fund Account— £ s. d. £ s. d. Balance due from Revenue Account 2,625,943 7 4 Amount invested by the Board .. 2,638,415 0 0 Add value of office furniture, fittings, Contributions due in course of transand machinery .. .. 523 13 3 mission .. .. .. 18,1.18 1 0 Interest due and accrued .. .. 40,055 8 4 2,626,467 0 7 SubsidyRetiring and other allowances due, in Cook Islands and Samoa .. 191 14 8 course of payment — Section 114, Public Service SuperTo members .. .. .. 3,324 0 4. annuation Act, 1927 .. .. 63 311 To widows and children .. .. 501 6 4 Balance in hand, Public Trustee .. 10,880 14 10 Refund of contributions due, in course Bank account .. .. .. 4,061 11 3 of payment — Office furniture, fittings, and machinery 523 13 3 Under section 37 (left service) .. 466 14 9 Rates and taxes paid on account of Under section 42 (death).. .. 476 12 9 mortgagors (recoverable).. .. 374 8 4 Expenses due, in course of payment— Retiring-allowances recoverable (Marine Heating and lighting .. .. 115 0 Department) .. .. .. 23 6 3 Printing and stationery .. , . 0 11 7 Post and Telegraph charges .. 167 12 0 Public Trustee's charges .. .. 1,001 7 8 Contributions paid in advance or in error .. .. . . 170 8 6 Unclaimed account (contributors, &c.) 2,061 11 8 Balance, Government subsidy* .. 64,500 0 0 Balance, cost-of-living bonus .. 2 3 4 Post Office Account .. .. 13,565 17 4 £2,712,707 1 10 £2,712,707 1 10 * The Government subsidy is paid in January of'each year. Owing to the change in the date of the financial year ,to show the true position' of the fund it is necessary to state this item as a liability.

B.—l [PT. IV],

135

PUBLIC SERVICE SUPERANNUATION FUND—continued. Subsidiary Account. Cost-of-living Bonus paid to Annuitants of the Public Service Superannuation Fund on behalf of the Treasury. £ s. d. £ s. d. To Amount disbursed for period Ist April, By Amount received from the Treasury.. 3,661 9 9 1928 to 31st March, 1929 .. 3,659 6 5 Balance carried forward .. .. 2 3 4 £3,661 9 9 £3,661 9 9 Stipendiary Magistrates' Account. Revenue Account for the Year ended 31st March, 1929. £ s. d. £ s. d. Amount of fund, Ist April, 1928 .. 21,509 11 0 Administration expenses .. .. 63 10 9 Members'contributions, section 63, Public Retiring-allowances .. .. •• 1,630 0 0 Service Superannuation Act, 1927 .. 1,880 0 0 Contributions returned, section 63, Public Interest on investments .. .. 1,248 7 7 Service Superannuation Act, 1927 .. 739 7 8 Balance as at 31st March, 1929 -. 22,205 0 2 £24,637 18 7 £24,637 18 7 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. Accumulated fund .. .. .. 22.205 02 Amount invested .. .. . . 22,205 0 2 William M. Wright, Secretary, R. S. Wogan, Accountant, Public Service Superannuation Board. 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 TPt. IVI.

136

PUBLIC WORKS DEPARTMENT. ELLESMERE AND FORSYTH RECLAMATION AND AKAROA RAILWAY TRUST ACCOUNT (PUBLIC WORKS FUND). (Section 383, Land Act, 1924.) Income and Expenditure Account foe the Year ended 31st March, 1929. Expenditure. Income. To Expenditure under section 6, Ellesmere Land £ s. d. Drainage Act, 1905 — £ s. d. By rents from Crown lands .. ... .. 1,839 2 0 Interest on loans raised by Board .. .. 439 5 0 Rebates and remission of rent .. .. 150 7 10 Cost of administration .. .. .. 86 9 9 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. 1,162 19 5 £1,839 2 0 £1,839 2 0 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Sundry creditors— £ s. d. £ s. d. Sundry debtors— £ s. d. £ s. d. Interest under section 6, Ellesmere For rent charged .. .. 68 3 4 Land Drainage Act, 1905 .. 439 5 0 For postponed rent .. . . 87 1 6 Rents paid or charged in advance 456 ] 4 155 4 10 Administration (Lands Department) 1 1 3 Treasury Adjustment Account .. 12,494 4 6 — 896 7 7' Accumulated fund .. .. .. 11,753 1 9 £12,649 9 4 £12,649 9 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. —G, F, C, Campbell, Controller and Auditor-General,

B.—l [Pt. IV]

137

NEW ZEALAND GOVERNMENT RAILWAYS. Capital Account as at 31st March, 1929.

18— B. 1 [Pt. IV].

Total to 31st March, Year ended Total to 31st March, Total to 31st March, Year ended Total to 31st March 1928. 31st March, 1929. 1929. 1928. I 31st March, 1929. 1929. i I 11 ! I I Expenditure. £ s. d. £ s. d. £ s. d. Receipts. £ s. d. £ s. d. £ s. d. Permanent way, and works, buildings, 40,484,741 11 8 5,110,497 0 8 45,595,238 12 4 From General Government Funds — machinery, and plant (lines open for Public Works Fund .. .. 44,179,318 4 4 3,776,992 11 3 47,956,310 15 7 traffic) Wellington-Hutt Railway Improve- 228,373 5 5 228,373 5 5 Rolling-stock .. .. .. 10,448,240 9 2 256,017 15 5 10,704,258 4 7 ment Account New lines in course of construction by 563,006 8 5 475,733 3 4 1,038,739 11 9 Railways Improvement Account, 1904 641,275 7 8 .. 641,275 7 8 Public Works Department charged Railways Improvement Authoriza- 4,362,079 16 5 1,997,316 8 7 6,359,396 5 0 against Railways Improvement Au- tion Act 1914 Account thorization Act 1914 Account Consolidated Fund .. .. 4,296 7 10 .. 4,296 7 10 Lake Wakatipu steamer service .. 44,387 3 3 .. 44,387 3 3 Westport Harbour Loans .. 350,000 0 0 .. 350,000 0 0 Road motor services .. .. 53,193 2 0 14,706 17 11 67,899 19 11 Works constructed from Harbour House -factory and sawmill at Frankton 156,813 17 1 .. 156,813 17 1 Board funds — Junction 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 51,672,232 1 8 5,774,308 19 10 57,446,541 1 6 Advances to Capital Account from .. 145,696 0 9 145,696 0 9 Working Railways Account Outstanding liabilities .. .. .. 15,100 6 8 15,100 6 8 51,750,382 11 7 5,856,954 17 4 5 57,607,337 8 11 51,672,232 1 8 5,935,105 7 3 57,607,337 8 11 I i Note. —Unopened lines are under the control of the Public Works Department, and all expenditure out of the Public Works Fund in connection therewith is included in the accounts of that Department.

B—i rp T . IV

138

NEW ZEALAND GOVERNMENT RAILWAYS— continued. General Balance-sheet as at 31st March, 1929. Liabilities. Assets, Sundry creditors— £ s. d. £ s. d. Sawmills— £ a. d. £ s. d. General creditors (including Stocks of timber, &c. .. .. .. 258,828 19 0 unpaid wages) .. .. 290,187 18 7 Stores and material on hand— Government Departments .. 19,881 6 11 Stores Branch .. .. 806,285 18 3 310,069 5 6 Advertising Branch .. 1,611 4 6 Collections for refunds to— Refreshment Branch .. 6,793 2 1 Harbour Boards, shipping com- Training-school Hostel .. 71 7 2 panies, and other carriers .. 23,968 18 0 814,761 12 0 Government Departments .. 1,062 10 0 Sundry assets— 25,031 8 0 Advertising Branch .. 54,216 2 10 General Reserve Fund .. .. ..1,378,316 10 11 Refreshment Branch .. 26,836 0 4 General Renewals, Betterments, and Depreciation Housing Improvement .. 11,183 14 7 Funds .. .. .. .. ..1,358,921 12 1 " 92,235 17 9 Insurance Funds .. .. .. .. 43,316 6 8 Sundry debtors— Sick Benefit Fund .. .. .. .. 6,303 18 9 Advances to capital .. 145,696 0 9 Items to be written off on receipt of parliamentary Government Departments .. 10,277 3 7 authority .. .. .. .. .. 2,788 19 4 Advances under Hutt Valley Lands Settlement Act, 1925 10,701 11 8 Advances to Railway Employees under section 15 (5) of the Government Railways Act, 1927 .. .. 34,984 9 5 Work in progress and sundry debtors.. .. .. 60,443 4 2 262,102 9 7 Less amounts paid in advance 102,360 11 11 159,741 17 8 Accrued interest on investments 2.708 2 6 Accrued subsidy on branch lines and isolated sections .. 38,130 11 10 40,838 14 4 Outstanding at stations— • Cash in hand .. .. 78,058 16 9 Freight owing by Government Departments .. .. 47,422 14 9 Freight owing by sundry debtors.. ' .. 144,792 7 9 270,273 19 3 Investments .. 345,000 0 0 Cash in Working Railways Account .. •• .• 340,236 1 6 685,236 1 6 Net Revenue Account .. .. .. 802,830 19 9 £3,124,748 1 3 £3,124,748 1 3 H. Valentine, A.R.A.N.Z., Chief Accountant. 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.— G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV],

NEW ZEALAND GOVERNMENT RAILWAYS—continued. Income and Expenditure of the Whole Undertaking for the Year ended 31st March, 1929.

Net Revenue Account.

139

Year 1928-29. Year 1927-28. Gross Revenue. Expenditure. Net Revenue. Gross Revenue. Expenditure. Net Revenue. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Railway operation .. .. .. . 7,524,864 1 3 6,374,579 1 9 1,150,284 19 6 7,343,844 15 1 6,302,118 15 2 1,041,725 19 11 Lake Wakatipu steamers .. .. -- .. 10,940 9 8 17,424 16 3 Dr. 6,484 6 7 9,885 1 11 15,626 13 4 Dr. 5,741 11 5 Refreshment service .. .. .. .. 123,058 19 8 116,090 6 5 6,968 13 3 122,220 7 5 114,643 14 9 7,576 12 8 Book-stall service .. .. .. •. 322 8 5 300 14 8 21 13 9 Advertising service .. .. .. 53,983 15 3 50,719 9 7 3,264 5 8 52,600 2 2 48,921 6 11 3,678 15 3 Dwellings .. .. .. .. .. .. 105,897 7 5 j 170,073 8 9 Dr. 64,176 1 4 93,643 0 1 162,263 10 7 Dr. 68,620 10 6 Buildings occupied by refreshment service, book-stall pro- 19,455 1 0 8,483 0 7 10,972 0 5 20,542 2 0 8,827 12 5 11,714 9 7 prietors, &c. Road motor-services .. .. .. 102,385 7 7 111,712 8 5 Dr. 9,327 0 10 32,488 10 10 32,721 8 3 Dr. 234 17 5 Miscellaneous revenue .. .. .. •• 308,131 2 7 .. 308,131 2 7 359,747 16 9 .. 359,747 16 9 8,249,038 12 10 6,849,383 6 5 8,034,969 16 3 I 6,685,123 1 5 1 1 Total net revenue to Net Revenue Account .. .. .. 1,399,655 6 5 .. .. 1,349,846 14 10

Dr. 1928-29. 1927-28. Cr. 1928-29. j 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. To Interest on capital .. .. .. .. 2,331,334 14 5 2,130,866 17 10 By Net earnings before charging interest on capital .. 1,399,655 6 5 1,349,846 14 10 Subsidy, branch lines and isolated sections .. 498,936 13 11 489,567 19 6 Deficit carried to Net Revenue Appropriation 432,742 14 1 291,452 3 6 Account 2,331,334 14 5 2,130,866 17 10 2,331,334 14 5 2,130,866 17 10 Net Revenue Appropriation Account. Dr. 1928-29 1927-28. Cr. 1928-29. 1927-28. £ s. d. £ s ' d. £ s. d. £ s. d. To Balance from previous year .. .. .. 370,088 5 8 78,636 2 2 By Balance carried forward .. •• .. 802,830 19 9 370,088 5 8 Net Revenue Account .. .. . 432,742 14 1 291,452 3 6 802,830 19 9 370,088 5 8 802,830 19 9 I 370,088 5 8

B.—l [Pt. IV

140

NEW ZEALAND GOVERNMENT RAILWAYS—continued. Income and Expenditure in respect of Railway Operation, Year ended 31st March, 1929.

I Per Cent, of ! Per Cent, of Operating Revenue. Operating Revenue. EXPENDITURE. i 1928-29. 1927-28. INCOME. 1928-29. 1927-28. __ 1928-29. 1927-28. j 1928-29. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. Maintenance of way and works .. .. 1,111,228 14 11 1,147,067 1 2 | 14*77 15-62 Passengers, ordinary .. .. .. 1,868,047 12 0 1,886,833 8 11 24*82 25-69 Maintenance of signals and electrical appliances .. 112,206 0 2 102,870 12 0 1*49 1-40 Passengers, season tickets .. .. 256,698 16 10 258,462 17 3 3*41 3-52 Maintenance of rolling-stock .. .. .. 1,424,165 10 3 1,380,726 9 3 18-93 18-80 Parcels, luggage, and mails .. .. 378,140 17 0 379,932 13 11 5-03 5-17 Examination, lubrication, and lighting of vehicles.. 67,022 19 6 62,511 18 3 0*89 0-85 Goods .. .. .. .. .. 4,846,125 2 4 4,680,135 2 1 64*40 63-73 Locomotive transportation .. .. .. 1,583,769 16 9 1,599,552 3 3 21-05 21-78 Labour, demurrage, &c. .. .. .. 175,851 13 I 138,480 12 11 2-34 1-89 Traffic transportation .. .. .. 1,825,965 3 11 1,760,459 8 4 24-26 23-97 Head Office and general charges .. .. 80,942 10 3 75,047 11 2 1-07 1 02 £ s. d. Superannuation subsidy .. 186,817 8 4 Less amount allocated to subsidiary services, &c. .. 17,539 2 4 169,278 6 0 173,873 11 9 2-25 2-37 Total operating expenses .. .. 6,374,579 1 9 6,302,118 15 2 84-71 85-81 Net operating revenue .. .. 1,150,284 19 6 1,041,725 19 11 15-29 14-19 7,524,864 1 3 7,343,844 15 1 100-00 100-00 7,524,864 1 3 | 7,343,844 15 1 \ 100-00 100 00

B.—l [PT. IV].

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

Income and Expenditure in respect of Refreshement Service.

141

I - I Per Cent, of Revenue. Per Cent, of Revenue. EXPENDITURE. 1928-29. 1927-28. INCOME. 1928-29. 1927-28. j 1928-29. 1927-28. 1928-29. 1927-28 £ s. d. £ s. d. £ a. d. £ s. d. Salaries and wages, shore staff .. .. 1,520 7 2 1,547 0 0 13-90 15-65 Ordinary passengers .. .. .. 4,425 16 8 4,177 11 1 40-45 42-26 Salaries and wages, steamer staff .. .. 5,402 5 10 5,250 2 8 49-38 53-12 Season tickets . . .. .. 154 0 8 168 9 10 1-41 1-70 Coal and stores .. .. .. 2,919 2 8 2,698 4 4 26-67 27-30 Parcels, luggage, and mails .. .. 994 10 2 | 973 11 8 9-09 9-85 Repairs, steamers .. .. .. 3,850 0 8 2,197 4 5 35-19 22-23 Goods .. .. .. .. 5,288 10 0 4,524 13 10 48-34 45-78 Repairs, wharves, &c. .. .. .. 149 11 4 460 1 11 1-37 4-65 Miscellaneous .. .. .. 77 12 2 40 15 6 0-71 0-41 Insurance, renewals, interest, (Sic. .. .. 3,583 8 7 3,474 0 0 32-76 35-13 Total revenue .. .. .. 10,940 9 8 9,885 1 11 100-00 100-00 Loss on operation .. .. .. 6,484 6 7 5,741 11 5 59-27 58-08 17,424 16 3 15,626 13 4 159-27 | 158-08 17,424 16 3 : 15,626 13 4 159-27 158-08

Per Cent, of Revenue. EXPENDITURE, 1928-29. 1927-28. INCOME. 1928-29. 1927-28. 1928-29. 1927-28. £ s. d. 1 £ a. d. £ s. d. £ s. d. Salaries and wages .. .. .. 1 38,620 8 8 38,555 6 8 31-38 31-55 Receipts from refreshment-room .. .. .. 123,058 19 8 122,220 7 5 Provisions consumed .. .. .. 48,879 9 1 48,138 4 5 39-73 39-38 Light, fuel, and water .. .. .. 2,768 19 11 2,688 18 5 2-25 2-20 Freights .. .. .. .. 2,971 0 1 3,032 8 0 2-41 2-48 Rents .. .. .. .. 10,725 0 0 11,132 0 0 8-72 9-11 Renewals .. .. .. .. 2,949 8 11 3,527 0 7 2-39 2-89 Betterments .. .. .. .. 2,000 0 0 1,433 14 5 1-63 1-17 Interest, insurance, and miscellaneous .. 7,175 19 9 6,136 2 3 5-83 5-02 Total expenditure .. .. 116,090 6 5 , 114,643 14 9 94-34 93-80 Net profit .. .. .. 6,968 13 3 7,576 12 8 5-66 6-20 123,058 19 8 122,220 7 5 100-00 1 100-00 123,058 19 8 122,220 7 5

B.—l [PT. IV].

Income and Expenditure in respect of Advertising Service.

Income and Expenditure in respect of Departmental Dwellings.

NEW ZEALAND GOVERNMENT RAILWAYS—continued. Income and Expenditure in respect of Book-stall Service.

142

EXPENDITURE. 1928-29. , Revenue 01 INCOME. 1928-29. £ s. d. £ 9. d. Wages .. •• •• •• •• 37 4 9 11-55 Receipts .. .. .. .. .. .. .. .. 322 8 5 Stores '.I ! 1 215 12 8 66-88 Rent .. .. .. .. • • • • • • • ? 29 8 4 9-12 Miscellaneous .. .. .. .. •• •• •• 18 8 11 5*72 j. Total expenditure .. .. .. • • 300 14 8 93-27 Net profit .. .. . • • • • • 21 13 9 6-73 322 8 5 JJ22 8 5 100-00 :

_ - ■ I j r j Per Cent, of Revenue. Per Cent, of Revenue. EXPENDITURE. 1928-29. 1927-28. j j INCOME. 1928-29. 1927-28. j • 1928-29. 1927-28. 1928-29. 1927-28. £ s. d. £ s. d. |i £ s. d. £ s. d. Salaries, wages, and allowances .. .. 13,675 19 4 12,540 12 5 25-34 23'84 Advertising-signs, printing, &c. .. .. 52,449 15 4 51,537 1 3 97*16 97'98 Stores and materials .. .. .. 2,865 16 11 2,875 18 0 5-31 5-4=7 j Miscellaneous receipts .. .. .. 1,533 19 11 1,063 0 11 2-84 2 02 Rent of premises, sites, and commission .. 13,422 9 0 15,367 10 11 24-86 29-22 j Office and general expenses .. .. 3,670 16 0 3,678 3 9 6-80 6-99 Interest, insurance, and depreciation .. 16,884 12 10 14,459 1 10 31-27 27-49 Betterments .. . . .. .. 199 15 6 •. i 0-37 Total expenditure .. .. 50,719 9 7 48,921 6 11 93-95 93-01 Net profit .. .. .. 3,264 5 8 3,678 15 3 6-05 6-99 j 53,98 15 3 52,600 2 2 100-00 100-00 j 53,983 15 3 52,600 2 2 10000 100-00

jper Cent, of Revenue J Per Cent, of Revenue. EXPENDITURE. 1928-29. , 1927-28. Jj INCOME. 1928-29. 1927-28. 1928-29. 1927-28. 1928-29. 1927-28. I ; 1| £ s. d. £ s. d. £ s. d. £ s. d. Wages and charges .. .. .. 41,705 19 0 43,773 18 2 39-38 46-75 Rentals .. •• .. .. 105,897 7 5 93,643 0 1 100-00 100-00 Materials .. -• 12,964 9 9 12,770 12 5 12-24 13-64 Net loss .. •• •• 64,176 1 4 68,620 10 6 60-60 73-28 Insurance ■■ •• •• 4,411 0 0 4,059 0 0 4-17 4-33 Interest .. •• •• 77,380 0 0 70,742 0 0 73-07 75-54 Renewals .. .. 33,612 0 0 30.918 0 0 31-74 33-02 170,073 8 9 162,263 10 7 160-60 173-28 170,073 8 9 162,263 10 7 160-60 173-28 |i

B.—l [PT. IV],

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

Income and Expenditure in respect of Road Motor Services.

143

Per Cent, of Revenue. EXPENDITURE. 1928-29. i 1927-28. j INCOME. 1928-29. 1927-28. 1928-29. 1927-28. j . . £ s. .1. £ a. d. £ s. d. £ s. d. Wages and charges .. .. .. 1,537 5 11 1,689 11 4 7-90 8-22 Rentals .. .. .. .. .. .. 19,455 1 0 20,542 2 0 Materials .. .. .. .. 369 14 8 562 1 1 1-90 2-74 Insurance, interest, and renewals .. 6,576 0 0 ! 6,576 0 0 33-80 ! 32-01 Total expenditure .. .. 8,483 0 7 8,827 12 5 43-60 42-97 Net profit .. .. .. 10,972 0 5 11,714 9 7 56-40 57-03 19,455 1 0 j 20,542 2 0 100-00 100-00 19,455 1 0 20,542 2 0

Per Cent, of Revenue. Per Cent, of Revenue. EXPENDITURE. 1928-29. j 1927-28. INCOME. 1928-29. 1927-28. 1928-29. 1927-28. 1928-29. i 1927-28. i I I £ s. d. £ s. d. £ s. d. £ s. d. Superintendence — Salaries and office ex- 10,844 13 1 3,407 0 2 10*59 10'49 Passengers .. .. •• •• j 100,597 0 10 31,381 13 10 98*25 96-60 penses | Parcels .. .. .. •• 1,654 4 2 1,045 12 11 1*62 3-22 Maintenance charges .. .. .. 25,229 7 8 4,953 15 3 24*64 15-25 Advertising .. .. .. •• 134 2 7 59 4 1 0*13 0-18 Running expenses .. .. .. 46,767 0 10 15,875 2 5 45*68 48-86 — License fees .. .. .. .. 2,555 13 6 837 15 0 2*50 2*58 Total revenue .. .. •• 102,385 7 7 32,486 10 10 100*00 100-00 Interest, insurance, and depreciation .. 22,867 18 5 7,435 15 7 22*33 22-89 Net operating loss .. •• 5,879 5 11 22 17 7 5*74 0-07 108,264 13 6 ! 32,509 8 5 103-74 10G-07 108,264 13 6 32,509 8 5 105-74 100-07 Net operating loss .. .. .. 5,879 5 11 I 22 17 7 Net loss .. .. •• 9,327 0 10 234 17 5 Preliminary expenses .. .. 3,447 14 11 211 19 10 9,327 0 10 | 234 17 5 9,327 0 10 234 17 5

B.—l [Pt. IV].

NEW ZEALAND GOVERNMENT RAILWAYS—continued. Railway Sawmills and Bush Accounts.—Combined Trading and Profit and Loss Accounts.

144

Dr. | 1928-29. 1927-28. Cr. | 1828-29. ; 1927-28. , j g* — — - £ s. d. £ s. d. £ s. d. £ s. d. To Stock of timber, firewood, and logs on hand at 1st April, 99,883 13 2 129,728 12 1 By Sales, issues, and transfers — £ s. d. 1928 " Timber .. .. .. .. 100,438 5 1 Purchases and transfers — £ s. d. Firewood .. .. .. .. 3,902 3 6 Timber .. .. .. .. 10,337 3 10 Logs .. .. .. .. 11,001 7 6 Firewood.. .. .. 2,866 13 0 115,341 16 1 173,424 0 9 Logs .. .. .. .. 16,840 18 4 Stocks on hand at 31st March, 1929 — 30,044 15 2 63,165 6 8 Timber .. .. .. .. 42,202 12 8 Logs .. .. . . .. 639 4 10 Royalty payments .. .. .. .. .. 2,767 2 8 9,680 17 6 — 42,841 17 6 99,883 13 2 Wages .. .. .. .. .. .. 16,542 2 0 33,961 19 6 Rents .. .. .. .. .. .. 501 7 0 538 14 3 Salaries and miscellaneous payments, including interest 31,001 8 0 52,595 16 3 Written off to Reserve Account .. .. .. .. 11,378 17 6 on capital Net loss carried forward .. .. .. .. 21,554 0 5 3,907 6 4 £180,239 1 0 £289,132 12 0 £180,239 1 0 £289,132 12 0 Railway Employees' Sick Benefit Society. Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. To Balance to Accumulated Fund .. .. ■■ .. 6,334 14 11 By Contributions .. .. .. .. .. 2,786 6 2 Entrance fees .. .. .. .. .. • • 1,447 2 6 Subsidy as per Section 5, Subsection (1), of Government Railways Amendment Act, 1928, charged to Working Railways Account .. .. .. .. .. .. 2,101 6 3 £6,334 14 11 £6,334 14 11 Balance-sheet. Liabilities. £ s. d. Assets. £ g. d. Accumulated Fund Account .. .. .. .. 6,334 14 11 Cash in Working Railways Account.. .. .. .. 6,303 18 9 Contributions outstanding on 31st March, 1929 .. .. 20 13 8 Entrance fees outstanding on 31st March, 1929 .. .. 10 2 6 £6,334 14 11 £6,334 14 11

145

B.—l [PT. IV],

NEW ZEALAND GOVERNMENT RAlLWAYS—continued. Statement of Cash Receipts and Payments—Working Railways Account. Receipts. £ s. d. Payments. £ s. d To Balance brought forward .. 247,657 12 7 By Wages and vouchers .. .. 7,639,245 8 8 Investments realized .. .. 250,000 0 0 Refunds to Harbour Boards, shipRevenue receipts .. .. 8,211,727 15 7 ping companies, and other carriers 265,699 8 0 " Ciedits in aid" (Working Rail- Interest on capital .. .. 2,331,334 14 5 ways expenditure) .. .. 1,558,349 13 0 Investments .. .. .. 200,000 0 0 Receipts from Consolidated Fund Balance as per general balanceunder subsection I (ft) of section 37 sheet .. .. .. 340,236 1 6 of Government Railways Act, 1926 (Subsidy—Branch lines and isolated sections) .. .. 496,578 811 Interest on investments .. .. 15,202 2 6 £10,779,515 12 7 £10,779,515 12 7 Reconciliation Statement. £ b- d. Credit balance in Working Railways Account as per Treasury figures .. 288,586 17 0 Add Imprests outstanding .. .. .. .. .. .. 51,649 4 6 Credit balance as per above statement .. .. .. .. £340,236 1 6 GENERAL RESERVE ACCOUNT. Expenditure. £ s. d. I Income. £ s. d. To Betterments Fund .. .. 55,916 10 6 By Balance .. .. .. 1,375,662 6 1 Balance .. .. .. 1,378,316 10 11 Stores suspense (surplus stock) .. 58,570 15 4 £1,434,233 1 5 £1,434,233 I 5 By Balance .. .. ..£1,378,316 10 11 RENEWALS, DEPRECIATION, AND EQUALIZATION FUNDS. Slips, Floods, and Accidents Equalization Fund. Expenditure. £ s. d. Income. £ s. d . To Repairs to bridges, slips, and washouts 21,201 18 5 By Balance from previous year .. 26,600 010 Balance .. .. .. .. 26,902 2 5 Contributions debited to workingexpenses .. .. .. 21,504 0 0 £48,104 0 10 £48,104 0 10 By Balance .. .. .. £26,902 2 5 Workers' Compensation Fund. Expenditure. £ s. d. Income. £ s. d. To Accident payments .. .. 44,344 711 By Balance from previous year .. 18,259 17 6 Balance .. .. .. .. 18,497 3 11 Premiums debited to working-expenses 44,581 14 4 £62,841 11 10 £62,841 11 10 By Balance .. .. .. £18,497 311 Insurance Fund. Expenditure. £ s. d. Income. £ s. d" To Losses .. .. .. .. 5,815 511 By Bo,lance from previous year .. 18,128 8 6 Upkeep Railway fire brigades and fire , Premiums debited to working expenses 15,642 18 0 appliances .. .. .. 3,136 17 10 Balance .. .. .. 24,819 2 9 £33,771 6 6 £33,771 6 6 By Balance ~ .. £24,819 2

19— B. 1 [PT. IV].

B.—l [Pt. IV].

146

NEW ZEALAND GOVERNMENT RAlLWAYS—continued. General Renewals and Depreciation Fund. Expenditure. £ s. d. Income. £ s. d. To Relaying of track .. .. 1X5,641 16 6 By Balance from previous year .. 930,870 111 Bridges, buildings, &c. .. ~ 11,982 1 2 Contributions debited to working-Rolling-stock .. .. .. 119,155 910 expenses .. .. .. 655,986 0 0 Locomotive workshops and plant .. 4,884 17 10 Dwellings .. .. .. 1,621 17 1 Signal appliances .. .. 2,053 9 10 Road motors .. .. .. 3,497 0 0 Balance .. .. .. 1,328,019 9 8 £1,586,856 1 11 £1,586,856 1 11 By Balance .. .. .. £1,328,019 9 8 Betterments Fund. Expenditure. £ s. d. Income. £ s. dTo Balance .. .. .. .. 24,074 15 9 By General Reserve .. .. .. 55,916 10 6 Way, works, buildings, and structures 23,991 8 4 Contributions debited to workingSignals, &c. .. .. .. 1,592 0 7 expenses (refreshment service) .. 2,000 0 0 Rolling-stock .. .. .. 4,258 510 Balance .. .. .. .. 4,000 0 0 £57,916 10 6 £57,916 10 6 By Balance .. .. .. £4,000 0 0 RAILWAY SUPERANNUATION FUND. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance in hands of Public Trustee on 31st By Retiring-allowances paid to members .. 240,168 7 3 March, 1928 .. .. .. .. 25,083 16 10 Allowances to widows and children .. 27,029 15 10 Contributions by staff .. .. .. 163,587 I 6 Contributions refunded to members who have Contributions by contingent contributors .. 3,675 19 2 left the service .. .. .. 14,911 17 8 Receipts from Working Railways Account — Contributions refunded to contingent memSubsidy .. .. .. .. 170,000 0 0 bers who have left the service .. .. 480 4 6 Increased allowances to widows and children 12,341 9 7 Payments to legal representatives of deceased Cost-of-living bonus to annuitants .. 4,525 15 10 beneficiaries under section 120 (c) of GovernInterest .. .. .. .. 63,550 14 5 ment Railways Act, 1926 .. .. 339 10 2 Commission on collections of Government Contributions transferred to other funds .. 20 1 6 Life Insurance premiums .. .. 15 4 10 Travelling-expenses of Board members .. 81 5 0 Public Trust commission .. .. .. 1,585 8 4 Mortgage-inspection fees .. .. .. 3 3 0 Audit Office charges .. .. .. 50 0 0 Salaries .. .. .. .. 1,430 6 2 Postages .. .. .. .. 102 19 3 Printing and stationery .. .. .. 54 19 0 Payments to annuitants by way of cost-of-living bonus .. .. .. .. 4,493 3 10 Investments .. .. .. .. 125,000 0 0 Balance of receipts over disbursements .. 27,029 0 8 £442,780 2 2 £442,780 2 2

147

B —

1 [Pt. IV

NEW ZEALAND GOVERNMENT RAILWAYS—continued. RAILWAY SUPERANNUATION FUND—continued. Revenue Account for the Year ended 31st March, 1929.

EXPENDITURE. 1928-29. 1927-28. INCOME. 1928-29. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. To Retiring-allowances to members .. .. .. 240,710 5 4 227 860 15 5 By Members'contributions .. .. .. .. 160,360 9 10 156,798 12 7 Allowances to widows and children .. .. .. 27,023 5 7 27,152 13 9 Members'contributions on aocount of casual servioe .. 6,078 13 5 1,801 11 11 Refunds of total contributions.. .. .. .. 14,707 1 10 14,562 8 4 Subsidies — Refunds of contributions in excess of allowances drawn by 339 10 2 538 1 2 Working Railways .. .. .. .. 170,000 0 0 170,000 0 0 deceased beneficiaries Working Railways, on account of increased allowances 12,336 12 3 12,379 16 1 Transfers to other funds .. .. .. .. 20 4 7 613 1 1 to widows and children Interest remitted .. .. .. .. .. 105 0 0 105 0 0 Interest .. .. .. .. .. .. 65,537 5 6 58,293 4 11 Cost of actuarial investigation of the fund .. .. 573 10 8 .. Commission on Government Life Insurance collections .. 15 4 10 13 3 2 Administration charges — Donation .. .. .. .. .. .. 0 11 3 Travelling-expenses of Board members .. .. 81 5 0 70 10 0 Public Trust Office commission .. .. .. 1,58326 1,442 1 5 Public Trust mortgage inspection fees .. . . 3 3 0 Audit Office fees .. .. .. .. .. 50 0 0 50 0 0 Salaries .. .. .. .. .. .. 1,430 6 2 1,401 2 4 Postages .. .. .. .. .. . . 102 19 3 137 3 2 Printing and stationery .. .. .. .. 50 9 0 98 10 2 Balance carried down, being excess of income over expendi- 127,548 2 9 125,255 13 1 ture for the year 414,328 5 10 399,286 19 11 414,328 5 10 399,286 19 11 To Amounts previously written off, now claimed— Refunds of contributions .. .. .. .. 69 15 6 .. By Accumulated funds brought forward on 1st April, 1928 .. 1,111,199 11 2 985,828 4 0 Retiring-allowances .. .. .. .. 469 .. Amounts unclaimed written off —- Balance, accumulated funds as at 31st March, 1929 .. 1,238,673 11 8 1,111,199 11 2 Refunds of contributions .. .. .. 98 10 11 Retiring-allowances .. .. .. .. .. 10 16 3 Widows' allowances .. .. .. .. .. 6 6 11 Balance brought down .. .. .. .. 127,548 2 9 125,255 13 1 1,238,747 13 11 1,111,199 11 2 1,238,747 13 11 1,111,199 11 2

B.—l [Pt. IV]

148

NEW ZEALAND GOVERNMENT RAILWAYS—continued. RAILWAY SUPERANNUATION FUND—continued. Balance-sheet as at 31st March, 1929.

W. B. Taverner, Chairman of the Government Railways H. Valentine, A.R.A.N.Z., Superannuation Fund Board. Chief Accountant, New Zealand Railways. 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, Controller and Auditor-General.

LIABILITIES. | 1928-29. 1927-28. ASSETS. | 1928-29. 1927-28. I I | 1 £ s. d. £ s. d. £ s. d. £ s. d. Accumulated funds as per Revenue Account .. .. 1,238,673 11 8 1,111,199 11 2 Investment Account — £ s. d. Casual employees, contingent contributions .. .. 8,118 4 4 5,744 6 7 Investments .. .. .. .. 1,171,736 12 9 Retiring and other allowances due (not paid) — Cash in hand .. .. .. .. 4,824 7 2 Members .. .. .. .. .. .. 1,172 4 6 643 14 8 1,176,560 19 11 1,051,560 19 11 Widows and children .. .. .. .. .. 148 11 1 187 19 1 Current Account — Refunds of contributions authorized (not paid) .. .. 368 11 0 567 11 11 Cash in hand .. .. .. .. 27,029 0 8 25,083 16 10 Transfers to other funds authorized (not paid) .. .. 5 3 7 5 0 6 Contributions in transit .. .. .. .. 13,121 12 4 12,630 15 9 Interest paid in advance .. .. .. .. 309 15 3 301 1 0 Contributions outstanding .. .. .. .. 1,132 1 3 976 3 11 Commission due to Public Trustee .. .. .. 121 12 0 123 17 10 Contributions due by members in respect of casual service 8,158 16 3 6,820 2 1 Sundry creditors .. .. .. .. .. 573 10 8 4 10 0 Working Railways — On account of cost-of-living bonus .. .. .. 353 17 1 386 9 1 On account of additional allowances to widows and children 945 2 0 949 19 4 Refunds repayable .. .. .. .. .. 59 15 6 123 16 1 Interest due, not paid .. .. .. .. .. 6,941 0 9 6,651 10 6 Interest accrued but not due .. .. .. .. 15,188 18 4 13,591 2 10 Sundry debtors (insurance premium) .. .. .. .. 2 16 5 £1,249,491 4 1 £.1,118,777 12 9 £1,249,491 4 1 £1,118,777 12 9

149

B.—l [PT. IV],

RANGITAIKI LAND DRAINAGE ACCOUNT. t Revenue Account for the Year ended 31st March, 1929. Dr. £ 3. d. Cr. £ s. d. To Rates, &c., written off .. .. .. 424 7 4 By Accrued rents .. .. .. .. 140 5 4 Interest on debentures .. .. .. 20,669 19 0 Rates levied to meet maintenance £ s. d. Maintenance of completed works .. .. 4,827- 0 8 cost .. .. .. 2,431 2 9 Rates levied for payment of interest .. .. 2,000 0 0 4,431 2 9 Excess rates levied in previous year transferred in reduction of maintenance costs .. 1,309 14 6 Penalty levied on arrears of £ s. d. maintenance rate .. 69 2 5 Penalty levied on arrears of capital rate .. .. 57112 126 13 7 Maintenance costs —recoverable out of rates .. 1,086 3 5 " Thirds" .. .... .. .. 15 15 4 Interest on investments .. .. .. 120 0 11 Rates for year ended 31st March, 1919, capitalized under section 12 (4) (c), Finance Act, > 1927 (No. 2) .. .. .. .. 8,049 16 1 Balance transferred to Drainage Works Account 10,641 15 1 £25,921 7 0 £25,921 7 0 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Loan Account .. .. .. .. 515,500 0 0 Drainage-works—Expenditure in connection thereLess loans redeemed under Public £ s. d. with (including wages, supplies, administration Debt Repayment Act, 1925 15,500 0 0 expenses, engineering expenses, depreciation of Securities cancelled and amount written off as plant and capitalized interest charges)—reducj>er contra .. .. .. .. 15,500 0 0 tion under section 22, Einanee Act, 1925 .. 348,679 7 7 Less securities cancelled and amounts written off 500,000 0 0 us per contra .. .. .. .. 15,500 0 0 Temporary transfers from other accounts, section 40, Public Revenues Act, 1.926 .. 5,000 0 0 333,179 7 7 Loans redeemed from Consolidated £ s. d. Drainage works —Cost recoverable £ s. d. Fund .. .. .. 2,500 0 0 out of rates .. .. 205,000 0 0 Less sinking fund in hands of Capitalized interest (section 12, Public Trustee .. .. 1,525 16 0 Finance Act, 1927 (No. 2) ) 24,045 17 4 974 4 0 229,045 17 4 Interest contributed by Consolidated Fund .. 81,165 14 6 Plant and machinery .. .. .. 14,113 8 4 Unpaid purchase-money for land taken.. .. 210 1 1 Live-stock .. .. .. .. .. 212 6 Sundry creditors —Miscellaneous .. .. 1,745 17 9 Loose tools .. .. .. .. .. 298 11 9 Interest on debentures accrued but not due .. 4,941 10 3 Buildings .. .. .. .. .. 1,249 11 5 Suspense Acftount .. .. .. •• 1,179 12 5 Wharves .. .. . . .. .. 314 5 6 Rates paid in advance .. .. .. 17 2 5 Material and stores .. .. .. .. 1,040 11 6 Rent paid in advance .. .. .. 815 0 Fuel .. .. .. . . . . 44 2 3 Land for Settlements Account .. 20 0 0 Maintenance costs (recoverable by rates) .. 1,086 3 5 Sundry debtors— £ s. d. Rates .. .. .. 7,025 16 4 Law-costs .. .. 89 5 7 Rents .. .. .. 5 10 8 Miscellaneous .. .. 76 16 11 7,197 9 6 Consolidated Fund —Amount short-paid on account of maintenance subsidy .. .. .. 1,160 0 0 Stamps on hand .. .. .. .. 3110 Cash in hands of Post Office .. . . .. 75 15 5 Cash in Public Account, 31st March, 1929 .. 6,411 911 £595,242 17 5 £595,242 17 5 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.—G. F. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV],

150

RESERVE FUND ACCOUNT. Income and Expenditure Account fob the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Excess of income over expenditure .. .. 90,549 14 10 By Interest on investments .. .. .. 90,549 14 10 £90,549 14 10 £90,549 14 10 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Capital Account .. .. .. .. 2,000,000 0 0 Investment Account— Excess of income over expenditure for year Nominal Value. ended 31st March, 1929 .. .. .. 90,549 14 10 £ s. d. £ s. d. 230,000 0 0 Transvaal 3-per-cent. stock 212,005 9 0 59,000 0 0 Egyptian guaranteed 3-per-cent. bonds .. .. 56,362 15 0 153,010 6 1 India 3J-per-cent. stock .. 147,547 8 6 357,766 5 7 India 3-per-cent. stock .. 261,500 3 4 65,340 8 4 India 2£-per-cent. stock .. 31,746 1 0 1,283,157 17 11 British War Loan 5-per-cent. stock .. .. .. 1,219,000 0 0 £2,148,274 17 11 1,928,161 16 10 Interest accrued on investments .. .. 28,201 1 10 Treasury Adjustment Account .. .. 134,186 16 2 £2,090,549 14 10 £2,090,549 14 10 Note.—Accumulated interest on investments to 31st March, 1929, £572,528 6s. 10d., credited to Consolidated Fund. A. D. Park, F.1.A.N.Z., F.R.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. F. C. Campbell, Controller and Auditor-General.

151

B.—l [Pt. IV

SAMOAN LOAN SINKING FUND. (Established under section 33 of the Samoa Act, 1921.) Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Excess of income over expenditure .. .. 452 5 2 By Interest on investments .. .. .. 452 5 2 £452 5 2 £452 5 2 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Accumulated Fund— Investments.. .. .. .. .. 9,448 8 0 Contributions by Samoan Treasury Cash in Public Account .. .. .. 2,697 1 0 to 3.lst March, 1928 .. .. 8,490 16 7 Interest accrued on investments .. .. 155 8 7 Excess of income over expenditure to 31st March, 1928 .. .. 731 17 4 — 9,222 13 11 Contribution by Samoan Treasury for year 1928-29 .. .. .. 2,625 18 6 Excess of income over expenditure for year ended 31st March, 1929 .. 452 5 2 £12,300 17 7 £12,300 17 7 A. D. Park, F.1.A.N.Z., F.R.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. P. C. Campbell, Controller and Auditor-General.

SAMOAN LOAN SUSPENSE ACCOUNT. (Established under section 26 of the Finance Act, 1921-22.) Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income.. £ s. d. To Interest on loans .. .. .. .. 6,507 18 11 By Interest on advances .. .. .. 6,483 510 Interest on cash balance .. .. .. 0 3 8 Excess of expenditure over income .. .. 24 9 5 £6,507 18 11 £6,507 18 11 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Loan capital .. .. .. 124,000 0 0 Advances to Samoan Administration .. 165,200 0 0 Advances from Treasury Investment Accounts .. 41,200 0 0 Interest accrued on advances to Samoan AdInterest accrued on loans .. .. .. 3,074 10 5 ministration .. .. .. .. 4,147 2 7 Interest due and unpaid on loans .. .. 106 6 0 Interest due and unpaid on advances to Samoan Interest accrued on advances from Treasury Administration .. .. .. .. 81 12 11 Investment Accounts .. .. .. 1,072 12 2 Excess of expenditure over income .. .. 24 9 5 Treasury Adjustment Account .. .. 0 3 8 £169,453 8 7 £169,453 8 7 A. D. Park, P.1.A.N.Z., F.R.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. P. C. Campbell, Controller and Auditor-General.

B.—l [PT. IV].

152

SCENIC RESERVES ACCOUNT. Receipts and Payments Account por the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Rents from reserves .. .. 504 0 9 By Refunds of rent .. .. .. 21 4 4 Royalties from timber, &c. .. .. 303 18 2 Scenery-preservation vote Amounts received in reduction of vote — " expenses " —• Expenditure as per contra .. 117 0 Co st of acquiring Refund of " thirds " wrongly deducted 0 12 6 reserves and effect--Balance transferred to Treasury Ad- ing improvements of justment Account .. .. 13,351 16 6 a capital nature on £ s. d. reserves .. .. 12,567 7 9 Administration of reserves .. 629 11 1 Administration of Trounson Kauri Forest .. .. 620 6 3 Surveys and valuations 23 11 9 Expenses of Board .. 0 18 9 Miscellaneous .. 299 5 0 14,141 0 7 £14,162 4 11 £14,162 4 11 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Expenses administering Trounson Kauri By Accrued rents .. .. .. 552 3 0 Forest .. .. .. .. 620 9 9 Accrued royalties .. .. .. 579 16 11 Expenses administering reserves . . 629 11 1 Miscellaneous receipts—Credits in reCost of surveys and valuations .. 23 11 9 duction of expenditure .. .. 17 0 Expenses of Scenery Preservation Board 0 18 9 Balance carried down .. .. 8,930 16 9 Miscellaneous expenditure . . .. 299 5 0 Rebates .. .. .. .. 3 10 4 " Thirds " and " halves " .. .. 24 16 0 Writings-ofl in Suspense—Rents irrecoverable .. .. .. 48 8 0 Interest on capital invested in scenic reserves .. .. .. 8,413 13 0 £10,064 3 8 £10,064 3 8 £ s. d. £ s. d. To Balance brought down .. .. 8,930 16 9 By Balance—Accumulated excess of charges Adjustment on acconnt previous year 127 18 4 over revenue .. .. .. 38,135 1 9 Balance forward .. .. .. 29,076 6 8 £38,135 1 9 £38,135 1 9 Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital Account — £ s. d. £ s. d. Balance, Ist April, 1928 .. .. 186,970 1 0 Land —Scenic reserves .. .. 312,283 19 7 Capital expenditure during year .. 12,567 7 9 Sundry debtors— £ s. d. Rent .. .. .. 7116 6 199,537 8 9 Royalties .. .. 264 0 0 Less capital repaid .. .. 0 10 0 335 16 6 Consolidated Fund — Amount wrongly 199,536 18 9 credited to Territorial Revenue— Value of Crown lands set aside as reserves 115,202 13 5 Rents from leases .. .. .. 13 4 Losses in Suspense .. .. .. 48 S 0 314,739 12 2 Revenue Account —Accumulated excess of Treasury Adjustment Account .. 35,804 7 5 charges over revenue .. .. 38,135 1 9 Sundry creditors — £ s. d. Lands and Survey vote .. 28 12 0 Department of Agriculture .. 0 3 6 Compensation payable for land taken .. .. 50 0 0 78 15 6 Rents paid in advance .. .. 110 Rents charged in advance .. .. 132 5 1 Writings-ofi in Suspense .. .. 48 8 0 £350,804 9 2 £350,804 9 2 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. —J. H. Fowler, Deputy Controller and Auditor-General.

153

B.—l [PT. TV].

DEPARTMENT OF SCIENTIFIC AND INDUSTRIAL RESEARCH. HEAD OFFICE. Income and Expenditure Account fob the Year ended 31st March, 1929. Expenditure. £ s. d. To Salaries .. .. .. .. .. 2,602 5 5 Income. £ s. d. Advertising, books, &o. .. .. .. 31 15 9 By Balance carried down .. .. .. 9,027 14 3 Advisory Council—Allowances and travellingexpenses .. .. .. .. 677 19 1 Apia Observatory—Expenses of upkeep .. 2,097 13 4 Expenses of officer travelling overseas .. 585 0 0 -Vow Zealand Institute .. .. .. 1,500 0 0 New Zealand Journal of Science anrl Technology 398 14 10 Liaison officer .. .. . . 180 11 0 ()ffice fittings and requisites .. .. 3 13 2 Postage and telegrams .. .. .. 145 18 I Printing and stationery .. .. .. 152 12 1 Rent .. .. .. . . .. 161 0 0 Telephone services .. . . .. 26 19 6 Travelling allowances and expenses .. . . 156 1 0 Research Scholarships .. .. .. 302 18 5 Typewriter repairs and hire .. .. 4 12 7 £9,027 14 3 £9,027 14 3 £ s. d. £ s. d. To Balance brought down .. .. .. 9,027 14 3 By Excess of expenditure over income .. .. 9,082 7 6 Interest on capital .. . . . . 20 6 6 Depreciation .. .. .. .. 34 6 9 £9,082 7 6 £9,082 7 6 Note. —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 4J per cent, on capital. RESEARCH INVESTIGATIONS. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. I Income. £ s. d. To Canterbury Agricultural College .. .. 3,700 0 0 By Miscellaneous receipts .. .. .. 213 911 Cold storage .. .. .. .. 709 11 6 Contributions towards researches .. .. 7,468 16 4 Dairy research .. .. .. .. 6,525 19 7 Balance carried down .. .. .. 19,943 8 4 Fish .. .. 250 0 0 Flax .. .. 232 7 4 Food-values . . . . .. .. 542 16 10 Fruit .. .. . . .. • • 362 8 5 Fuel .. .. .. .. 1.303 19 11 General .. .. . . .. .. 573 8 7 Leather .. .. .. .. . . 713 19 9 Meat industry and products .. 26 7 0 , Mineral content of pastures . . .. 3,092 8 1 New Zealand Institute .. .. 1,003 8 5 Noxious weeds .. .. .. .. 1,501 1 10 Pakihi lands .. . . .. • • 300 0 0 Penological laboratory .. .. . . 77!) 9 1 Pig industry, bacon and pork production .. 823 111 Plant research .. .. .. •• 2,748 9 4 Wheat research .. .. .. •• 1,982 13 10 Wool research .. . . .. ■ • 454 3 2 £27,625 14 7 £27,625 14 7 £ s. d. £ s. d. To Balance brought down .. .. .. 19,943 8 4 By Recoveries of previous years'expenditure .. 473 9 0 Interest on capital .. .. .. 28 2 3 Excess of expenditure over income .. .. 19,544 18 8 Depreciation .. .. . ■ • • 46 17 I £20,018 7 8 £20,018 7 8 Not®. —The following charge is included for which the Department possesses no parliamentary appropriation : Interest on capital at 44 per cent. 20— B. 1 [FT. IV].

B. —1 [Pt. IV].

154

DEPARTMENT OP SCIENTIFIC AND INDUSTRIAL RESEARCH—continued. GEOLOGICAL SURVEY. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 3,520 8 7 By Sale of bulletins .. .. .. .. 31 5 7 Advertising, books, &c. .. .. .. 29 15 0 Balance carried down .. .. .. 6,508 14 1 Field expenses .. .. .. .. 478 19 4 Freight, cartage, &c. .. .. .. (S 13 5 Fuel, light, &c. .. .. .. .. 43 16 4 Instruments, repairs and outfit allowance .. 116 16 8 Mineral specimens, purchase of .. .. 7 14 11 Office accommodation and maintenance .. 30 12 11 Office fittings and requisites .. .. 4 3 1 Postage and telegrams .. .. .. 23 8 7 Printing of bulletins .. .. .. 528 14 10 Printing and stationery .. .. .. 161 2 7 Rent .. .. .. .. .. 235 0 0 Telephone services .. .. .. 17 10 0 Tools and field equipment .. .. .. 28 8 1 Travelling allowances and expenses .. .. 122 19 4 Wages of field hands .. .. .. 1,176 13 0 | Office cleaning, &c. .. .. .. 7 3 0 £6,539 19 8 ■ £6,539 19 8 £ s. d. | £ s. d. To Balance brought down .. .. .. 6,508 14 I ' By Excess of expenditure over income .. .. 7,607 10 9 Interest on capital .. .. .. 664 9 9 Depreciation .. .. .. .. 434 6 11 £7,607 10 9 1 . £7,607 10 9 ; Note.—lnterest at 4£ per cent, on capital has been charged for which the Department possesses no parliamentary appropriation. METEOROLOGICAL OFFICE. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 3,086 2 4 By Balance carried down .. .. .. 8,100 15 0 Fuel, light, &e. .. .. .. .. 12 1 3 Instruments, purchase and repairs .. .. 17 14 4 Observatories, maintenance and establishment of 58 2 3 Office-cleaning .. .. .. .. 6 8 7 Office fittings and requisites.. .. .. 10 18 0 Postage and telegrams .. .. 4,007 5 I I Printing and stationery .. .. .. 312 16 6 Rent .. .. .. .. .. 256 0 0 Telephone services .. .. .. 70 10 0 Travelling allowances and expenses .. .. 228 12 11 Books, publications, &c. .. .. .. 34 211 £8,100 15 0 £8,100 15 0 £ s. d. £ s. d. To Balance brought down .. .. .. 8,100 15 0 By Excess of expenditure over income .. .. 8,505 11 0 Interest on capital .. .. .. 154 16 5 Depreciation .. .. .. .. 249 19 7 £8,505 11 0 £8,505 11 0 Note, —-Interest on capital at 4J per cent, has been charged for which the Department possesses no parliamentary appropriation.

155

B. —1 [PT. IV].

DEPARTMENT OE SCIENTIFIC AND INDUSTRIAL RESEARCH—continued. DOMINION LABORATORY, Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 7,975 7 9 By Analysis fees .. .. .. .. 318 1 0 Advertising, books, &c. .. .. .. 29 4 3 Balance carried down .. .. .. 11,910 14 8 Chemicals, apparatus, &c... .. .. 96191 Expenses of accident ...... 56 15 3 Expenses of officers overseas .. .. 434 7 6 Fees, University .. .. .. .. 46 2 0 Freight, cartage, &c. .. .. .. 126 17 5 Fuel, light, power, &c. .. .. .. 406 110 Laboratory accommodation and maintenance 570 14 10 Office fittings and requisites .. .. 17 7 0 Physical apparatus in connection with standards 0 16 2 Postage and telegrams .. .. .. 74 7 2 Printing and stationery .. .. . . 204 5 11 Rent, Auckland .. .. .. .. 247 8 6 Rent, Dunedin .. .. .. ~ 75 6 0 Subscriptions to technical societies. , .. 38 14 6 Telephone services .. .. . . 132 9 10 Travelling allowances and expenses . . 255 3 0 Collection of fees, &c. .. .. .. 4 17 8 Rent (Head Office and Christchurch) .. 571 0 0 £12,228 15 8 £12,228 15 8 £ s. d. £ s. d. To Balance brought down .. .. .. 11,910 14 8 By Excess of expenditure over income .. 12,408 7 4 Interest on capital .. .. .. 241 7 2 Depreciation .. .. .. .. 256 5 6 £12,408 7 4 £12,408 7 4 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (1) Rental value as assessed by Public Works Department; (2) interest on capital at 41 per cent. DOMINION OBSERVATORY. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 1,070 1 4 By Balance carried down .. .. .. 2,464 6 1 Astronomical sites, testing of .. .. 161 15 11 General expenses .. .. .. 504 12 3 Grounds, maintenance of .. .. .. 112 10 0 Instruments, purchase and repairs .. 2 6 7 Rent .. .. .. .. .. 613 0 0 £2,464 6 1 £2,464 6 1 £ s. d. £ g. d. To Balance brought down .. .. .. 2,464 6 1 By Recoveries of previous year's expenditure .. 110 0 Interest on capital .. .. .. 126 12 11 Excess of expenditure over income .. 2,794 1 5 Depreciation .. .. .. .. 204 12 5 £2,795 II 5 £2,795 11 5 Note.—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 4£ per cent, on capital.

B.—l [Pt. IV],

DEPARTMENT OF SCIENTIFIC AND INDUSTRIAL RESEARCH—continued. Balance-sheet as at 31st March, 1929.

E. Maksden, Secretary. I hereby certify that 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.— J. H. Fowler, Deputy Controller and Auditor-General.

156

it Research Geological ! Meteorological Dominion Dominion Head Office. Investigations. Survey. Office. Laboratory. Observatory. ±otaL £ ; i \ 1 I i ! Liabilities. £ s. d. £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. Capital .. .. .. .. .. .. .. 451 13 7 624 14 7 14,766 7 6 3,440 9 5 j 5,363 10 7 2,814 6 10 27,461 2 6 Creditors —Sundry .. .. .. .. .. 130 14 10 2,795 5 11 329 12 8 31 2 11 361 0 0 7 5 0 3,655 1 4 Creditors— Departmental .. .. .. .. .. 287 4 1 742 13 5 7 15 6 37 19 9 I 215 15 3 j 27 10 4 1,318 18 4 Depreciation Reserve .. .. .. .. .. 64 1 4 46 17 1 3,135 1 4 2,059 10 2 1,532 8 4 1.785 6 1 8,623 4 4 Treasury Adjustment Account .. .. .. .. 11,105 5 1 19,691 4 4 4.338 19 6 7,031 2 1 j 12,206 12 0 1,056 9 6 ! 55,429 12 6 12,038 18 11 ' 23,900 15 4 22,577 16 6 12,600 4 4 ' 19,679 6 2 ! 5,690 17 9 96,487 19 0 -j — ! 1 I Assets. Buildings .. .. .. .. .. .. I .. 389 0 0 .. 208 16 7 .. .. j 597 16 7 Tools and equipment .. .. .. .. .. ! .. .. 74 15 1 .. .. .. i 74 15 1 Furniture and fittings .. .. .. .. .. j 348 5 1 306 5 1 453 5 5 207 6 5 551 12 7 373 9 7 2,240 4 2 Mechanical office appliances .. .. .. .. | 94 7 6 75 4 0 .. 113 16 0 60 3 9 .. 343 11 3 Libraries .. .. .. .. .. .. ! 113 3 4 258 5 4 6,905 11 10 50 11 10 1,333 7 3 280 1 6 8,941 1 1 Stamps on hand .. .. .. .. .. .. j 16 23 .. 436 .. .. .. 20 5 9 Stocks of Journal of Science and Technology on hand .. .. 2,298 8 0' .. .. .. .. .. 2,298 8 0 Debtors —Sundry .. .. .. .. .. ' .. 714 14 0 . • .. 59 11 8 .. 774 5 8 Debtors —Departmental .. .. .. .. .. j .. 200 0 0 11411 4 14 5 .. 215 19 4 Research apparatus .. .. .. .. .. j .. j 2.412 8 3 .. .. .. .. 2,412 8 3 Instruments .. .. .. .. .. .. 86 5 3 .. 329 2 2 3,514 2 6 .. 2,173 14 8 6,103 4 7 Photographic apparatus .. .. .. .. .. I . .. ; .. : .. j .. .. 69 10 7 69 10 7 Fossils and collections .. .. .. .. ! .. ! .. 7,192 2 10 .. .. .. 7,192 2 10 Laboratory appliances .. .. .. .. .. .. .. .. .. 2,771 14 11 .. 2,771 14 11 Platinum .. .. .. .. .. .. i .. . .. .. 2,146 13 4 .. 2,146 13 4 Physical apparatus .. .. .. .. .. I .. .. .. . . 343 0 11 .. 343 0 11 Excess of expenditure over income .. .. .. .. 9,082 7 6 19,544 18 8 7,607 10 9 8,505 11 0 12,408 7 4 2,794 1 5 59,942 16 8 £12,038 18 11 £23,900 15 4 22,577 16 6 12,600 4 4 j 19,679 6 2 5,690 17 9 j 96,487 19 0

157

B.—l [PT. IV].

STAMP DUTIES DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. | Income. £ s. d. To Refunds totalizator duty under section 8, £ s. d. By Adhesive stamps .. .. .. 128,816 15 5 Finance Act, 1923 .. .. .. 26,433 11 7 Duty on instruments .. .. .. 439,269 1 8 Postages and telephones .. .. 1,278 19 0 Death duties .. .. .. .. 1,897,42(5 3 8 Relieving and other allowances .. .. 3 13 8 Gift duty .. .. .. .. 79,341 11 11 Salaries and wages .. .. .. 22,133 19 1 Fines and penalties .. .. .. 3,115 4 5 Printing and stationery .. .. 1,525 7 2 Impressed stamps and bank cheques duty.. 199,064 12 3 Law costs . . .. .. .. 596 4 0 Company licenses .. .. .. 72,096 7 6 Fuel, light, and. cleaning .. .. 180 12 7 Bank-note duty .. .. .. 191,178 7 6 Transfer and travelling-expenses.. .. 196 4 6 Racing revenue .. .. .. 536,489 15 2 Freight and cartage .. .. .. 93 6 9 Amusements-tax .. .. .. 62,788 6 2 Office supplies .. .. .. 127 16 9 Sharebrokers'licenses .. .. .. 710 6 6. Stamp printing .. .. . . 1,195 10 3 Miscellaneous receipts .. .. .. 109 4 1 Valuation fees.. .. .. .. 268 0 5 Rent of offices .. .. .. 3,343 13 11 Totalizator inspection .. .. .. 951 17 7 Depreciation .. .. .. .. 832 7 3 Loss on equipment disposed of .. . . 315 4 4 Balance carried down .. .. .. 3,550,929 7 5 £3,610,405 16 3 £3,610,405 16 3 ! 1 * ; "* ~ £ s. d. £ s. d. To Interest on capital .. .. ~ 719 2 3 By Balance brought down .. .. .. 3,550,929 7 5 Excess of income over expenditure for year ended 31st March, 1929 .. .. 3,550,210 5 2 £3,550,929 7 5 £3,550,929 7 5 Notes.—-The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental values as assessed by Public Works Department; (b) interest at 4| per cent, on capital as at Ist April, 1928. Depreciation has been allowed for on balance of assets as at Ist April, 1928, the total charge being carried to the Depreciation Reserve. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. [ Assets. Capital as at Ist April, 1928 .. .. 15,980 5 7 £ s. d. £ s. d. Creditors (departmental)— ! Furniture .. .. .. 4,000 18 0 Printing and Stationery Depart- £ s. d. Addition during year .. 56 0 3 ment .. .. 96 10 10 Railway Department .. .. 313 10 4,056 18 3 Public Works Department . . 60 1 10 Less disposals . . .. 2 12 4 General Post Office . . . . 246 7 I 4,054 5.11 Internal Affairs Department .. 951 17 7 Mechanical appliances .. 1,025 9 7 — 1,358 11 2 Addition during year .. 22 19 3 Creditors (sundry) .. . . . . 91 14 3 —7 Creditors (sundry refunds) .. .. 5,064 8 0 1,048 8 10 Reserves—Depreciation .. .. .. 5,581 0 1 Less disposals .. .. 9 0 0 Writing off Suspense .. .. .. 315 4 4 1,039 8 10 Accrued penalty on racing revenue .. .. 4,482 5 0 Plant and machinery .. 1.0,778 18 0 Sundry depositors .. .. .. 164 5 2 Addition during year .. 211 8 7 Excess of income over expenditure for year .— ending 31st March, 1929.. .. .. 3,550,210 5 2 10,990 6 7 Less disposals .. .. 131 8 0 • 10,858 18 7 Library .. . . .. .. . . 175 0 0 Stamp paper on hand .. .. .. 4,581 16 2 Debtors (sundry) .. .. .. .. 400,371 8' 0 Debtors (Justice Department) .. .. 4,610 11 5 Deposit Accounts— £ s. d. A.C.S., Auckland .. .. 24 11 2 Wellington .. .. . . 136 14 0 Dunedin .. .. 3 0 0 164 5 2 Cash in transit .. .. ... .. 5 16 1 Treasury Adjustment Account .. .. 3,157,386 8 7 £3,583,247 18 9 | £3,583,247 18 9 | - . C. E. Nalder, Commissioner of Stamp Duties. 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].

158

STATE ADVANCES OFFICE. ADVANCES TO SETTLERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. .. 20,321,690 3 5 Investment Account — Principal owing by Temporary advances from — mortgagors .. .. .. .. 16,742,324 10 8 Public Debt Sinking Funds £ s. d. Temporary investments .. .. .. 1,578,910 0 0 Branch .. .. 16,000 0 0 Temporary advances to — £ s. d. Advances Office Sinking Workers Branch .. 1,533,000 0 0 Fund Account .. 191,000 0 0 Local Authorities Branch 110,000 0 0 Miscellaneous Business Rural Advances Branch 391,000 0 0 Branch .. .. 311,850 0 0 2,034,000 0 0 518,850 0 0 Sinking Fund investments held by Advances Amount held for investment on behalf of the Office Sinking Fund Account .. .. 1,539,272 14 2 Housing Insurance Fund .. .. 4,612 0 5 Interest on mortgages £ s. d. Advances Suspense Account .. .. 18,290 0 0 Overdue .. .. 164,340 12 3 Fire Loss Suspense Account .. .. 14,455 15 0 Accrued .. .. 213,498 4 5 Suspense Account .. .. .. 307 0 11 377,838 16 8 Income-tax Suspense Account .. .. 5,201 18 0 Interest on temporary investments accrued .. 2,350 18 11 Sundry creditors .. .. .. .. 2,101 1 5 Office furniture and equipment .. .. 6,130 2 6 Interest on loans accrued but not due .. 169,034 2 0 Sundry debtors .. .. .. .. 1,424 16 7 Reserve for bad debts .. .. .. 109,610 310 Realization Suspense Account .. .. 125,998 0 3 Sinking Fund .. .. .. .. 1,539,272 14 2 Loan Charges Account .. .. .. 180,499 13 4 Reserve Fund .. .. .. .. 25,000 0 0 Cash in hand and in bank at 31st March, 1929 139,675 6 1 £22,728,424 19 2 £22,728,424 19 2 Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Management Expenses Account .. .. 32,519 5 8 By Interest Account —Gross profits .. .. 121,500 4 9 Loss on realization of securities and doubtful securities written down .. .. .. 58,193 010 Office furniture and equipment written down 322 12 9 Balance—Net profits for the year .. .. 30,465 5 6 £121,500 4 9 £121,500 4 9 £ s. d. £ s. d. To Loan-flotation charges written down .. 12,430 5 2 By Net profits for the year .. .. .. 30,465 5 6 Income-tax .. .. .. .. 5,201 18 0 Balance of net profits invested in Advances Office Sinking Fund Account .. .. 12,833 2 4 £30,465 5 6 £30,465 5 6 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d' To Interest on loans .. .. 864,616 11 9 By Interest on mortgages .. 909,741 18 8 Less accrued at 31st March, Less overdue and accrued 1928 .. .. 167,661 7 7 at 31st March, 1928 385,285 4 5 696,955 4 2 524,456 14 3 Interest on loans accrued but not due .. 169,034 2 0 Interest on outstanding payments .. 48 15 7 Interest on amounts temporarily trans- Interest on bank balances .. .. 1,101 18 4 ferred from other branches .. .. 52,803 15 10 Interest on temporary advances to other Balance —Gross profits transferred to Profit branches .. .. .. .. 125,450 16 10 and Loss Account .. .. .. 121,500 4 9 Interest on temporary invest- £ s. d. ments .. .. 9,082 5 11 Less accrued at 31st March, 1928 .. .. 36 19 9 — 9,045 6 2 Interest on temporary investments accrued at 31st March, 1929 .. .. .. 2,350 18 11 Interest on mortgages — £ s. d. Overdue at 31st March, 1929 .. .. 164,340 12 3 Accrued but not due at 31st March, 1929 .. .. 213,498 4 5 377,838 16 8 £1,040,293 6 9 £1,040,293 6 9

B.—l [Pt. IV].

159

STATE ADVANCES OFFlCE —continued. ADVANCES TO SETTLERS BRANCH—continued. Management Expenses Account foe the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Advertising, newspapers, &c. .. .. 14 14 4 By Consent fees .. .. .. .. 45 15 0 Audit Office services .. .. .. 325 0 0 Production fees .. .. .. .. 826 17 11 Cleaning, lighting, heating, and messenger Release fees .. .. .. .. 316 18 2 services .. .. .. .. 450 5 3 Balance transferred to Profit and Loss Account 32,519 5 8 Contingencies .. .. .. .. 4183 Management charges on New Zealand stock and bonds .. .. .. .. 1,293 17 6 Meal allowances and overtime .. .. 649 3 6 Office maintenance .. .. 211 15 10 Postages and telegrams .. .. .. 955 8 0 Post Office services .. .. .. 1 ,f>37 12 6 Printing and stationery .. .. .. 385 8 4 Public Service Superannuation Fund contribution .. .. . . .. .. 337 1 1 Rent . . . . .. . . .. 2,449 8 10 Salaries.. .. .. .. .. 23,009 17 4 Solicitors' costs and Court costs .. .. 61 6 1 Telephones .. .. .. .. 124 18 0 Travelling-expenses .. . . .. 1,055 15 1 Typewriters and adding-machines —Repairs .. 92 6 10 Valuation Department—Agency work .. 650 0 0 £33,708 16 9 £33,708 16 9 Wm. Waddel, Superintendent. R. Bobertson, 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.

R.—l [PT. IV].

160

STATE ADVANCES OFFlCE—continued. RURAL ADVANCES BRANCH. Statement op Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ a. d. Bonds issued .. .. .. .. 1,591,850 0 0 i Investment Account —Principal owing by mortTemporary advances from Settlers Branch .. 391,000 0 0 j gagors .. .. .. .. 1,875,285 19 5 Advances Suspense Account .. .. 15,550 0 0 j Temporary investments .. .. .. 2,835 0 0 Fire Loss Suspense Account .. .. 1,400 0 0 1 Interest on mortgages — £ s. d. Income-tax Suspense Account .. .. 1,414 1 6 Overdue .. .. 7,569 5 2 Interest on loans accrued but not due .. 3,479 5 5 : Accrued .. .. 24,594 10 0 Profit and Loss Account .. .. .. 1,643 14 4 32,163 15 2 Sundry debtors .. .. . . . . 3 3 3 Loan Charges Account .. .. .. 90,407 7 10 Cash in hand and in bank at 31st March, 1929 5,641 15 7 £2,006,337 1 3 , £2,006,337 1 3 Profit and Loss Account for the Year ended 31st March. 1929. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 971 18 5 By Interest Account—Gross profits .. .. 8,981 11 5 Balance —-Net profits for the year .. .. 8,009 13 0 £8,981 11. 5 £8,981 11 5 £ s. d. £ s. d. To Loan flotation charges written down .. .. 5,022 12 7 By Balance as at 31st March, 1928 .. .. 86 10 5 Income-tax .. .. .. 1,429 16 6 Net profits for the year .. .. .. 8,009 13 0 Balance—Net profits carried forward. . .. 1,643 14 4 £8,096 3 5, £8,096 3 5 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on bonds .. .. 41,213 11 0 By Interest on mortgages .. 55,562 7 1 Less accrued at 31st March, Less overdue and accrued at " '"1928 .. .. 564 18 3 31st March, 1928 .. 11,312 2 2 40,648 12 9 44,250 4 11 Interest on bonds accrued but not due .. 3,479 5 5 Interest on temporary investments .. .. 359 10 11 Interest on amounts temporarily transferred Interest on bank balances .. .. .. 84 10 0 from Settlers Branch .. .. .. 23,750 14 2 Interest on outstanding payments .. .. 2 2 9 Balance —Gross profits transferred to Profit and Interest on mortgages — £ s. d. Loss Account .. .. .. .. 8,981 11 5 Overdue at 31st March, 1929 7,569 5 2 Accrued but not due at 31st March. 1929 .. .. 24,594 10 0 ■ 32.163 15 2 £76,860 3 9 1 £76,860 3 9 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Audit Office services .. .. .. 25 0 0 By Sundry fees .. .. .. . . 10 0 Cleaning, lighting, heating, and messenger services 20 0 0 Balance transferred to Profit and Loss Account .. 971 18 5 Postages and telegrams .. . . . . 36 8 5 Post Office services .. . . . . .. 25 0 0 Printing and stationery . . .. 130 0 0 Rent .. .. .. .. .. 25 0 0 Salaries .. . . .. .. . . 620 0 0 Travelling-expenses . . .. .. . . 91 10 0 £972 18 5 £972 18 5 -T-» j n | Wm. Waddel, Superintendent. R. 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. 0. Campbell, Controller and Auditor-General.

B — 1 [FT. IV

161

STATE ADVANCES OFFlCE—continued. ADVANCES TO WORKERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. .. 10,423,022 19 11 Investment Account—Principal owing by mortTemporary advances from Settlers Branch .. 1,533,000 0 0 gagors .. .. . . .. 11,436,980 19 0 Liability to Railway Department (Railway Temporary investments .. .. .. 200,128 16 6 housing) .. .. .. .. 5,240 0 0 Sinking Fund investments held by Advances Interest on loans accrued but not due .. 81,946 14 11 Office Sinking Fund Account .. .. 71,682 4 0 Advances Suspense Account .. .. 98,996 2 6 Interest on mortgages — £ s. d. Fire Loss Suspense Account .. .. 1,280 0 0 Overdue .. .. 85,277 3 11 Suspense Account .. .. .. 4,128 2 7 Accrued .. .. 139,887 18 9 Income-tax Suspense Account .. .. 1,921 15 6 225,165 2 8 Sundry creditors .. .. .. .. 2,930 411 Unregistered Transfers Account (Railway emReserve for bad debts .. .. .. 3,454 17 10 ployees) .. .. .. .. 5,240 0 0 Sinking Fund .. .. .. 71,682 4 0 Sundry debtors .. .. .. .. 862 10 1 Realization Suspense Account .. .. 3,516 14 1 Loan Charges Account .. .. .. 221,231 10 3 Profit and Loss Account .. .. .. 51,596 17 0 Cash in hand and in bank at 31st March, 1929 11,189 8 7 £12,227.603 2 2 £12,227,603 2 2 Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Management Expenses Account .. .. 6,488 3 3 By Interest Account—Gross profits .. .. 20,658 0 9 Loss on realization of securities .. .. 3,282 12 9 Balance —Net profits for the year .. .. 10,887 4 9 £20,658 0 9 £20,658 0 9 £ s. d. £ s. d. To Balance as at 31st March, 1928 .. .. 45,265 3 4 By Net profits for the. year .. .. .. 10,887 4 9 Loan-flotation charges written down .. 15,297 2 11 Balance.. .. .. .. .. 51,596 17 0 Income-tax .. .. .. .. 1,921 15 6 £62,484 1 9 £62,484 I 9 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest on loans .. .. 434,258 19 2 By Interest on mortgages .. 516,075 18 2 Less accrued at 31st March, Less interest overdue and 1928 .. .. .. 69,506 16 6 accrued at 13st March, 1928 188,096 3 3 364,752 2 8 327,979 14 11 Interest on amounts temporarily transferred Interest on bank balances .. .. .. 233 3 3 from other branches .. .. .. 81,380 12 2 Interest on outstanding payments .. .. 14 16 0 Interest on Railway expenditure (erection of Interest on temporary investments .. .. 823 3 9 dwellings) .. .. .. .. 5,478 10 1 Interest on mortgages — £ s. d. Interest on loans accrued but not due .. 81,946 14 11 Overdue at 31st March, 1929 85,277 311 Balance —Gross profits transferred to Profit Accrued but not due at 31 st and Loss Account .. .. .. 20,658 0 9 March, 1929 .. .. 139,887 18 9 225,1.65 2 8 £554,216 0 7 • £554,216 0 7 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Audit Office services .. .. .. 150 0 0 By Consent fees .. .. .. .. 015 0 Cleaning, lighting, heating, and messenger Cost of preparation of mortgages .. .. 63 7 0 services .. .. .. .. 150 0 0 Inspection fees .. .. .. .. 77 2 6 Contingencies .. .. .. .. 15 18 0 Production fees .. .. .. .. 389 9 0 Court costs and solicitors' costs .. .. 6 5 0 Release fees . . . . .. .. 85 14 7 Management charges on New Zealand stock and Balance transferred to Profit and Loss Account 6,488 3 3 bonds .. .. .. .. 626 15 11 Post Office services .. .. . . 525 0 0 Postages and telegrams .. . . .. 246 12 5 Printing and stationery . . .. .. 325 0 0 Public Service Superannuation Fund contribution .. .. .. . . .. 38 0 0 Rent .. .. . . . . . . 600 0 0 Salaries.. .. .. .. .. 4,071 0 0 Valuation Department —Agency work .. 350 0 0 £7,104 11 4 £7,104 11 4 Wm. Waddel, Superintendent. R. 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.

21— B. I [PT. IV].

B.—l TPT. IV!

162

STATE ADVANCES OFFlCE—continued. ADVANCES TO LOCAL AUTHORITIES BRANCH. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. .. 2,790,293 11 8 Investment Account—Principal owing by local Loan-moneys—Unexpended balances under sec- bodies .. .. .. .. .. 2,737,346 19 3 tion 72, Local Bodies' Loans Act, 1913 . . 3,987 12 10 Sinking Fund investments held by Advances Temporary advances from Settlers Branch .. 110,000 0 0 Office Sinking Fund Account .. .. 164,228 4 4 Interest on loans accrued but not due .. 35,893 18 8 Interest on debentures — £ s. d. Sinking Fund .. .. .. .. 164,228 4 4 Overdue .. .. 3,730 17 10 Accrued .. .. 24,091 3 9 27,822 1 7 Loan Charges Account .. . . . . 30,669 7 0 Profit and Loss Account .. .. .. 142,930 16 10 Cash in hand and in bank at 31st March, 1929. . 1,405 18 6 £3,104,403 7 6 £3,104,403 7 6 Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Balance—lnterest Account .. .. 6,783 14 4 By Balance —Loss for the year .. .. 8,148 10 2 Management Expenses Account .. .. 1,364 15 10 £8,148 10 2 ' £8,148 10 2 £ s. d. £ s. d. To Balance as at 31st March, 1928 .. .. 133,701 110 By Balance .. .. .. .. 142,930 16 10 Loan-flotation charges written down .. 1,081 4 10 Loss for the year .. .. .. 8,148 10 2 £142,930 16 10 £142,930 16 10 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 104,534 15 4 By Interest on debentures .. 114,762 6 0 Less accrued at 31st March, Less overdue and accrued at 1928 .. .. .. 36,553 18 8 31st March, 1928 .. 27,443 17 8 67,980 16 8 87,318 8 4 Interest on amounts temporarily transferred Interest on bank balances .. .. 32 8 8 from Settlers Branch .. .. 18,081 17 7 Interest on debentures — Interest on loans accrued but not due .. 35,893 18 8 Overdue at 31st March, 1929 3,730 17 10 Accrued but not due at 31st March, 1929 .. .. 24,091 3 9 27,822 1 7 Balance transferred to Profit and Loss Account 6,783 14 4 £121,956 12 11 £121,956 12 11 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Audit Office services .. .. .. 50 0 0 By Balance transferred to Profit and Loss Account.. 1,364 15 10 Cleaning, lighting, heating, and messenger services .. .. .. .. .. 30 0 0 Management charges—New Zealand stock and bonds .. .. .. . . . . 151 15 10 Postages and telegrams .. . . . . 35 0 0 Post Office services .. . . . . . . 30 0 0 Printing and stationery .. .. .. 150 0 0 Public Service Superannuation Fund contribution 20 0 0 Rent .. .. . . .. . . 100 0 0 Salaries .. .. . . .. .. 798 0 0 £1,364 15 10 £1,364 15 10 Wm. Waddel, Superintendent. R. 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.

163

B. —1 [PT. IV],

STATE ADVANCES OFFlCE—continued. PUBLIC DEBT SINKING FUNDS BRANCH. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. Assets. Sinking Fund created under the provisions of £ s. d. Investment Account—Principal £ s. d. £ s. d. the Public Debt Extinction Act, 1910 .. 3,258,955 19 4 owing on loans to — Advances Suspense Account .. .. 3,685 0 0 Settlers .. .. 1,099,384 19 2 Fire Loss Suspense Account .. .. 75 0 0 Workers .. .. 72,217 0 8 Suspense Account .. .. .. .. 192 7 0 Local bodies v. .. 2,084,088 6 7 Sundry creditors —Interest due to Consolidated 3,255,690 6 5 Fund in accordance with section 12 (a), Re- Temporary advances to Settlers Branch .. 16,000 0 0 payment of the Public Debt Act, 1925 .. 11,515 14 9 Sundry debtors .. .. .. .. 23 211 Interest due to Treasury, overdue and accrued.. 46,775 14 2 Interest overdue on loans to — £ s. d. Settlers .. .. 5,671 17 9 Workers .. .. 264 3 9 Local bodies .. .. 5,064 0 9 11,000 2 3 Interest accrued on loans to — Settlers .. .. 13,913 1 2 Workers .. . . 892 12 0 Local bodies .. .. 20,969 18 9 35,775 11 11 Cash in hand and in bank at 31st March, 1929 2,710 11 9 £3,321,199 15 3 £3,321,199 15 3 Interest Account for the Year ended 31st March, 1929. Dr. Cr. To Interest on investments due to Consolidated £ s. d. By Interest on loans to — £ s. d. £ s. d. Fund in accordance with section 12 (a), Settlers .. .. .. 49,480 3 2 Repayment of the Public Debt Act, Workers.. .. .. 3,279 18 10 1925— Local bodies . . .. 94,037 8 1 Paid to Treasury .. .. .. 139,661 10 8 In hand at 31st March, 1929 .. .. 11,515 14 9 146,797 10 1 Overdue and accrued at 31st March, 1929 46,775 14 2 Less overdue and accrued at 31st March, 1928 .. 44,028 10 2 197,952 19 7 — 102,768 19 11 Less overdue and accrued at 31st March, Interest on expenses incurred in protection of 1928 .. .. .. .. 44,028 10 2 securities .. .. .. .. 14 1 9 Interest on bank balances .. .. .. 78 3 7 Interest on temporary advances to Settlers Branch .. .. .. .. 4,287 10 0 Interest overdue at 31st March, 1929, on loans to — £ s. d. Settlers .. .. .. 5,671 17 9 Workers.. .. .. 264 3 9 Local bodies .. .. 5,064 0 9 11,000 2 3 Interest accrued at 31st March, 1929, on loans to— Settlers.. .. .. 13,913 1 2 Workers.. .. .. 892 12 0 Local bodies .. .. 20,969 18 9 35,775 11 11 £153,924 9 5 £153,924 9 5 Wm. Waddel, Superintendent. R. 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.

B.—l [PT. IVJ.

164

STATE ADVANCES OFFlCE—continued. ADVANCES OFFICE SINKING FUND ACCOUNT. Statement of Liabilities and Assets as at 31st march, 1929. Liabilities. Assets. Principal received as at 31st March, 1928, with Investment Account—Princiaccumulated interest from— £ s. d. pal owing on loans to— £ s. d. £ s. d. Settlers Branch .. .. .. 1,931,362 15 2 Settlers .. .. 1,044,474 14 0 Workers Branch .. .. .. 275,734 5 5 Workers .. .. 04,569 18 4 Local Authorities Branch .. .. 375,020 10 II Local bodies .. .. 403,141 8 0 1,512,186 0 4 2,582,117 11 6 Temporary advances to Settlers Branch .. 191,000 0 0 Interest earned for the year ended 31st March, Sundry debtors .. .. .. .. 62 11 3 1929 — Interest overdue on loans to— £ s. d. Settlers Branch .. .. .. 80,441 18 7 Settlers .. .. 6,596 3 4 Workers Branch .. .. .. 4,039 6 6 Workers .. .. 628 14 11 Local Authorities Branch .. .. 17,417 II 0 Local bodies .. .. 1,998 11 11 9,223 10 2 2,684,016 7 7 Interest accrued on loans to — Net profits transferred from Settlers Branch .. 12,833 2 4 Settlers .. .. 11,815 8 8 Workers .. .. 698 14 0 2,696,849 9 11 Local bodies .. .. 3,378 3 10 Less redemption of loans — £ s. d. 15,892 6 6 Settlers Branch .. .. 485,365 I 11 Cash in hand and in bank at 31st March, 1929 .. 48,969 4 9 Workers Branch .. 208,091 7 11 Local Authorities Branch.. 228,209 17 7 921,666 7 5 Total fund as at 31st March, 1929 .. .. 1,775,183 2 6 Advances Suspense Account .. .. 475 0 0 Suspense Account .. .. .. 320 10 6 Fire Loss Suspense Account .. .. 1,355 0 0 £1,777,333 13 0 £1,777,333 13 0 Interest Account for the Year ended 31st March, 1929. Dr. £ s. <1. Or. To Interest on investments —Transferred to By Interest on loans to— £ s. d. £ s. d. Sinking Fund Account .. .. .. 101,898 16 1 Settlers .. .. .. 50,221 3 5 Workers .. .. .. 2,999 18 9 Local bodies .. .. 17,854 7 6 71,075 9 8 Less overdue and accrued at 31st March, 1928 ..25,904 18 9 45,170 10 11 Interest on bank balances .. .. .. 120 2 7 Interest on temporary advances to Settlers Branch .. .. .. .. 31,492 5 II Interest overdue at 31st March, 1929, on loans to — £ s. d. Settlers .. .. .. 0,596 3 4 Workers .. .. .. 628 14 11 Local bodies .. 1,998 U 11 9,223 10 2 Interest accrued at 31st March, 1929, on loans to — Settlers .. .. .. 11,815 8 8 Workers .. .. .. 698 14 0 Local bodies .. .. 3,378 3 10 15,892 6 6 £101,898 16 1 £101,898 16 1 Wm. Waddel, Superintendent. E. 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.

B.—l [PT. IVI.

STATE ADVANCES OFFlCE—continued. MISCELLANEOUS BUSINESS BRANCH.—HOUSING ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. Assets. Sundry loans— £ s. d. £ s. d. Investment Account — Principal £ s. d. £ s. d. Debentures .. .. 412,388 9 4 owing on— Expenditure from Public Works Dwellings purchased .. .. 378,386 18 5 Fund .. .. .. 319,918 1 7 Sections purchased .. .. 2,576 15 3 Advances .. .. .. 352 8 11 732,306 10 11 Loans on mortgage .. .. 39 1 1 Less loan-moneys redeemed — 381,355 3 8 and discharged from Con- Temporary advances to Settlers Branch . . 253,000 0 0 soli dated Fund .. .. 19,468 9 4 Hutt Housing Suspense Account .. .. 10,429 0 0 Completed dwellings .. .. .. . . 16,176 8 5 712,838 1 7 Dwellings let .. .. .. . • 17,257 7 0 Less loan-moneys redeemed Freehold land .. .. .. .. 19,763 11 4 by Public Debt Repayment Sinking Fund investments held by Public Debt Account .. .. 100 0 0 Redemption Fund .. .. .. *4,038 8 8 712,738 1 7 Insurance Fund Investment held by Settlers Liability to Consolidated Fund in terms of section Branch .. .. . . .. .. 4,612 0 5 22, Finance Act, 1926 .. .. .. 100 0 0 Sundry debtors .. .. .. .. 55 18 4 Sundry creditors .. .. . . .. 28 13 0 Interest on dwellings and land— £ s. d. Suspense Account .. .. .. .. 1,091 6 4 Overdue .. .. .. 7,012 5 9 Liability to Railway Department (Hutt housing) 8,113 0 0 Accrued .. .. .. 54 5 6 Insurance Fund .. .. .. .. 6,114 16 11 7,066 11 3 Interest on loans — £ s. d. Rent overdue .. .. .. .. 1,863 8 2 Overdue .. .. .. 15,820 13 1 Insurance premiums— Accrued .. .. .. 3,890 14 5 Overdue .. .. .. 468 I 8 19,711 7 6 Paid in advance .. .. 354 11 0 Sinking Fund .. .. .. .. 683 8 10 822 12 8 Reserve for losses on realization and bad debts .. 7,414 2 1 Realization Suspense Account .. .. 1,277 311 Profit and Loss Account .. .. .. 37,938 19 7 Cash in hand and in bank at 31st March, 1929 .. 338 2 10 £755,994 16 3 £755,994 16 3 * This amount includes the sura of £3,354 19s. lOd. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 2,225 2 6 By Interest Account—Gross profits .. .. 2,163 7 6 Dwellings maintenance .. .. .. 680 10 8 Sale of land and dwellings .. .. .. 810 1 Losses on realization of securities and doubtful Balance—Loss for the year .. .. 1,804 9 8 securities written down .. .. .. 1,07014 1 £3,976 7 3 £3,976 7 3 £ s. d. £ s. d. To Balance as at 31st March, 1928 .. .. 36,134 911 By Balance .. .. .. .. 37,938 19 7 Loss for the year .. .. .. .. 1,804 9 8 £37,938 19 7 £37,938 19 7 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 28,753 0 1 By Interest on land and dwellings 18,945 4 2 Less accrued at 31st March, Less overdue and accrued at 1928 .. .. .. 3,890 14 5 31st March, 1928 .. 7,014 8 7 24,862 5 8 11,930 15 7 Interest on loans accrued but not due .. 3,890 14 5 Interest on amounts temporarily transferred to Balance —Gross profits transferred to Profit Settlers Branch .. .. .. 11,883 12 1 and Loss Account .. .. .. 2,163 7 6 Interest on bank balances .. .. .. 35 8 8 Interest on dwellings and land — £ s. d. Overdue at 31st March, 1929 7,012 5 9 Accrued but not due at 31st March, 1929 .. .. 54 5 6 7,066 11 3 £30,916 7 7 £30,916 7 7 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Audit Office services .. .. .. 125 0 0 By Sundry fees .. .. .. .. 12 18 0 Cleaning, lighting, heating, and messenger Balance transferred to Profit and Loss Account.. 2,225 2 6 services . ■ • ■ • • • ■ 30 0 0 Fees paid for special services in respect of securities .. • ■ • • • • 110 9 9 Postages and telegrams . . . . .. 25 0 0 Post Office services .. .. .. 200 0 0 Printing and stationery .. .. . . 75 0 0 Public Service Superannuation Fund contribution .. . • • • • • • ■ 30 0 0 Rent .. • • • • ■ • • ■ 100 0 0 Salaries .. •. • • ■ • . . 1,284 0 0 Solicitors' costs .. .. .. .. 810 9 Valuation Department —Agency work .. 250 0 0 £2,238 0 6 £2,238 0 6 Wm. Waddel, Superintendent. R. 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. CAMi'BELL, Controller and Auditor-General.

165

B.—l [PT. IV].

166

STATE ADVANCES OFFICE —continued. LOANS TO EMPLOYERS FOR WORKERS' DWELLINGS ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. .. 3,975 0 0 Investment —Principal owing by mortgagors .. 2,711 12 8 Income-tax Suspense Account .. .. 310 0 Temporary advances to Settlers Branch .. 1,100 0 0 Interest on loans — £ s. d. Sinking Fund investments held by Public Debt Overdue .. .. .. 112 17 10 Redemption Fund .. .. .. .. 40 14 2 Accrued .. .. .. 38 15 5 Interest on mortgages — £ s. d. 151 13 3 Overdue .. .. • ■ 308 16 6 Sinking Fund .. .. .. .. 40 14 2 Accrued .. .. .. 1 10 11 Profit and Loss Account .. .. .. 8 19 11 — 310 7 5 Cash in hand and in bank at 31st March, 1929 .. 17 3 1 £4,179 17 4 £4,179 17 4 Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Administration expenses .. .. 10 0 0 By Interest Account—Gross profits .. .. 27 17 2 Balance —Net profits for the year .. .. 17 17 2 £27 17 2 £27 17 2 £ s. d. £ s. d. To Income-tax .. .. .. .. 310 0 By Net profits for the year .. .. 17 17 2 Net profits invested in Public Debt Redemption Fund .. .. .. .. ..573 Balance —Net profits carried forward .. .. 819 11 £17 17 2 £17 17 2 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest on loans .. .. .. 159 0 0 By Interest on mortgages .. .. 113 10 6 Less accrued at 31st March, 1928 38 15 5 Interest on mortgages — 1 120 4 7 Overdue at 31st March, 1929 .. 308 16 6 Interest on loans accrued but not due .. 38 15 5 Accrued at 31st March, 1929 .. 110 11 Balance —Gross profits transferred to Profit and and Loss Account .. .. .. .. 27 17 2 423 17 11 Less interest overdue and accrued at 31st March, 1928.. .. 286 6 11 137 11 0 jlnterest on temporary advances to Settlers Branch 48 6 8 Interest on bank balances .. .. 0 19 6 £186 17 2 £186 17 2 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Administration expenses .. .. .. 10 0 0 By Balance transferred to Profit and Loss Account .. 10 0 0 £10 0 0 £10 0 0 Wm. Waddel, Superintendent. R. 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.

167

B.—l [PT. IV].

STATE ADVANCES OFFlCE—continued. FRUIT-PRESERVING INDUSTRY ADVANCES ACCOUNT. Statement op Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. (1. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 69,598 14 3 Investment Account—Principal owing by mortLess loan liability redeemed and gagors .. .. .. .. .. 37,564 7 9 discharged from Consolidated Properties acquired .. .. .. .. 4,212 8 6 Fund .. .. .. 6,008 14 3 Temporary advances to Settlers Branch .. 21,200 0 0 Sinking Fund investments held by Public Debt 63 ,590 0 0 Redemption Fund .. .. .. *741 5 7 Less loan liability redeemed by Interest on mortgages — £ s. d. Public Debt Repayment Ac- Overdue .. .. 1,580 8 1 count .. .. .. 5,000 0 0 Accrued .. .. .. 275 3 5 58,590 0 0 1,855 11 6 Liability to Consolidated Fund in terms of sec- Sundry debtors .. . . .. .. 96 6 8 tion 22, Finance Act, 1926 .. .. .. 5.000 0 0 1 Profit and Loss Account .. .. .. 4,113 13 1 Suspense Account . . .. . . . 171 9 9 Cash in hand and in bank at 31st March, 1929 .. 77 4 1 Income-tax Suspense Account.. .. .. 46 12 0 Interest on loans— £ s. d. Overdue .. .. .. 1,209 7 10 Accrued .. .. .. 1,162 3 4 2,371 11 2 Rent accrued .. .. .. .. 37 1 8 Reserve for losses on realization and bad debts .. 3,515 13 10 Sinking Fund .. .. .. .. 128 8 9 £69,860 17 2 £69,860 17 2 * This amount includes the sum of £612 16s. lOd. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 100 0 0 By Interest Account —Gross profits .. .. 410 15 9 Expenses of realization of assets .. .. 47 0 0 Balance—Net profits for the year .. 263 15 9 £410 15 9 £410 15 9 £ s. d. £ s. d. To Balance as at 31st March, 1928 .. .. 4,330 16 10 By Net profits for the year .. .. .. 263 15 9 Income-tax .. .. .. .. 46 12 0 Balance .. .. .. .. .. 4,113 13 1 £4,377 8 10 £4,377 8 10 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 2,343 12 0 By Interest on mortgages .. .. 2,082 12 6 Less accrued at 31st March, 1928 1,162 3 4 Interest on mortgages — 1,181 8 8 Overdue at 31st March, 1929 .. 1,580 8 1 Interest on loans accrued but not due.. .. 1,162 3 4 Accrued at 31st March, 1929 .. 275 3 5 Balance —Gross profits transferred to Profit and Loss Account .. .. .. .. 410 15 9 3,938 4 0 Less interest overdue and accrued at 31st March, 1928 .. 2,081 2 7 — 1,857 1 5 Interest on bank balances .. .. .. 3 5 6 Interest on temporary advances to Settlers Branch .. . . .. .. .. 894 0 10 £2,754 7 9 £2,754 7 9 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Administration expenses .. .. .. 95 0 0 By Balance transferred to Profit and Loss Account.. 100 0 0 Audit Office services .. • . • • 5 0 0 £100 0 0 | £100 0 0 Wm. Waddel, Superintendent. R. 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.

8.-l JTt. IV].

168

STATE ADVANCES OFFlCE—continued. COLD-STORAGE ADVANCES ACCOUNT. Statement op Liabilities and Assets as at 31st March, 1929, Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 82,750 0 0 Investment Account —Principal owing by mortLess loan liability redeemed and gagors .. .. . . .. .. 40,634 5 0 discharged from Consolidated Temporary advances to Settlers Branch .. 33,300 0 0 Fund .. .. 7,500 0 0 Sinking Fund investments held by Public Debt I Redemption Fund .. .. .. *1,1*24 3 5 75,250 0 0 Interest on mortgages — £ s. d. Less loan liability redeemed by Overdue .. .. .. 2,607 9 5 Public Debt Repayment Ac- Accrued .. .. .. 718 16 10 count .. .. .. 1,530 0 0 3,326 6 3 ——————- 73,720 0 0 Sundry debtors .. .. .. .. 23 2 0 Liability to Consolidated Fund in terms of sec- Cash in hand and in bank at 31st March, 1929 . . 35 16 9 tion 22, Finance Act, 1926 .. .. .. 1,530 0 0 Income-tax Suspense Account.. .. .. 106 16 0 Interest on loans— £ s. d. Overdue .. .. .. 2,307 1 8 Accrued .. .. .. 244 3 5 2,551 5 1 Sinking Fund .. .. .. .. 535 12 4 £78,443 13 5 £78,443 13 5 * This amount includes the sum of £588 lis. Id. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 115 0 0 By Interest Account —Gross profits .. .. 720 1 6 Balance—Net profits for the year .. .. 605 1 6 £720 1 6 £720 1 6 £ s. d. £ s. d. To Balance as at 31st March, 1928 .. .. 160 13 11 By Net profits for the year .. .. .. 605 1 6 Income-tax .. .. .. .. 106 16 0 Balance of net profits invested in Public Debt Redemption Fund .. .. .. 337 11 7 £605 1 6 • £605 1 6 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. j Cr. £ s. d. £ s. d. To Interest on loans .. .. 2,950 0 1 By Interest on mortgages.. .. 990 0 0 Less accrued at 31st March, 1928 244 3 5 Interest on mortgages— 2,705 16 8 j Overdue at 31st March, 1929.. 2,607 9 5 Interest on loans accrued but not due .. 244 3 5 Accrued at 31st March, 1929.. 718 16 10 Balance —Gross profits transferred to Profit and 1 Loss Account .. .. .. .. 720 1 6 I 4,316 6 3 Less overdue and accrued at 31st March, 1928 .. .. 2,238 3 7 2,078 2 8 Interest on bank balances .. .. .. 2 14 9 Interest on temporary advances to Settlers Branch.. .. .. .. ..1,58942 £3,670 1 7 £3,670 1 7 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. | Cr. £ s. d. To Administration expenses .. .. 110 0 0 By Balance transferred to Profit and Loss Account .. 115 0 0 Audit Office services .. .. .. .. 500 £115 0 0 £115 0 0 Wm. Waddel, Superintendent. R. 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.

169

B.—l [PT. IYJ.

STATE ADVANCES OFFlCE—continued. FISHING INDUSTRY PROMOTION ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 5,57119 2 Investment Account—Principal owing on bills of sale 1,025 17 2 Less loan liability redeemed and Temporary advances to Settlers Branch .. .. 3,250 0 0 discharged from Consolidated Sinking Fund investments held by Public Debt Fund .. .. .. 1,036 19 2 Redemption Fund .. .. .. .. *49 4 2 Interest on bills of sale— £ s. d. 4,535 0 0 Overdue .. .. .. 23 12 9 Less loan liability redeemed by Accrued .. .. .. 14 10 10 Public Debt Repayment Account 1,060 0 0 38 3 7 ■ 3,475 0 0 Sundry debtors .. .. .. .. 16 8 8 Liability to Consolidated Fund in terms of sec- Profit and Loss Account .. .. .. 346 2 0 tion 22, Finance Act, 1926 .. .. .. 1,060 0 0 Cash in hand and in bank at 31st March, 1929 .. 29 14 10 Suspense Account .. .. .. .. 42 4 10 Income-tax Suspense Account .. .. .. 5 13 0 Sundry creditors .. .. .. .. 110 Interest on loans— £ s. d. Overdue .. .. .. 112 10 11 Accrued .. .. .. 50 19 11 163 10 10 Sinking Fund .. .. .. .. 8 0 9 £4,755 10 5 £4,755 10 5 * This amount includes the sum of £41 3s. sd. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 18 3 0 By Interest Account—Gross profits .. .. 49 16 5 Balance—Net profits for the year .. .. 31 13 5 £49 16 5 £49 16 5 £ s. d. £ s. d. To Balance at 3lst March, 1928 .. .. .. 372 2 5 By Net profits for the year .. .. .. 31 13 5 Income-tax .. .. .. .. 5 13 0 Balance .. .. .. .. .. 346 2 0 £377 15 5 £377 15 5 Interest Account for the Year ended 31st March, 1929. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. .. 155 2 6 By Interest on bills of sale .. .. 61 2 7 Less accrued at 31st March, 1928.. 50 .19 11 Less overdue and accrued at 31st — 104 2 7 March, 1928 .. .. .. 47 19 7 Interest on loans accrued but not due .. .. 50 19 11 13 3 0 Balance—Gross profits transferred to Profit and Interest on bank balances .. .. .. 2 16 Loss Account .. .. .. .. 49 16 5 Interest on temporary advances to Settlers Branch 151 10 10 Interest on bills of sale —• £ s. d. Overdue at 31st March, 1929 .. 23 12 9 Accrued at 31st March, 1929 .. 14 10 10 38 3 7 £204 18 11 £204 18 11 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s . d. To Administration expenses .. .. ..10 0 0 By Balance transferred to Profit and Loss Account .. 18 3 0 Audit Office services .. .. .. ..500 Survey fees .. .. .. .. 3 3 0 £18 3 0 £18 3 0 Wm. Waddel, Superintendent. R. 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.

•22—8. 1 [PT. IYJ.

B.—l [PT. IY].

170

STATE ADVANCES OFFlCE—continued. REPATRIATION. Statement op Liabilities and Assets as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Liability to Redemption Account as at Ist April, Investment Account—Principal 1925 .. .. .. .. 1,290,182 2 1 owing by mortgagors .. 287,524 15 2 Less repayments to 31st March, 1929 .. 140,625 7 4 Less Suspense adjustments .. 152 12 4 287,372 2 10 1,149,556 14 9 Interest on bills of sale, overdue .. .. 6,737 11 5 Less expenditure irrecoverable £ s. d. Cash in hand and in bank at 31st March, 1929.. 3,676 12 5 to 31st.March, 1928 .. 838,121 19 11 Losses on realization for the year ended 31st March, 1929 21,232 16 6 Management expenses for the year ended 31st March, 1929 2,829 15 6 — 862,184 11 11 Liability to Redemption Account as at 31st March, 1929 .. .. .. .. 287,372 210 Sundry creditors, Treasury—• £ s. d. Interest .. .. .. 739 9 2 Principal.. .. .. 2,875 8 4 — 3,614 17 6 Suspense Account .. .. .. .. 61 14 11 Interest on advances from War Expenses Account, overdue .. .. .. .. 6,737 11 5 £297,786 6 8 £297,786 6 8 Interest Account foe the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. £ s. d. To Interest paid to Treasury .. .. .. 2,369 0 0 By Interest on bills of sale .. 3,335 16 10 Interest in hand due to Treasury 31st March, Interest on bills of sale, overdue 1929 .. .. .. .. .. 739 9 2 at 31st March, 1929 .. 6,737 11 5 Interest due to Treasury, overdue at 31st March, .1929 .. .. .. .. .. 6,737 11 5 10,073 8 3 Less overdue at 31st March,l92B 8,072 3 9 9,846 0 7 Less interest due to Treasury, overdue at 31st 2,001 4 6 March, 1928 .. .. .. .. 8,072 3 9 Less realizations —Interest .. 392 19 11 1,608 4 7 Interest on bank balances .. .. 165 12 3 £1,773 16 10 £1,773 16 10 Management Expenses Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s . d. To Audit Office services .. .. .. 75 0 0 By Sundry fees .. .. .. .. 015 10 Cleaning and messenger services .. .. 60 0 0 Balance recouped in accordance with secCommission .. .. .. .. 31 14 1 tion 13 (3), State Advances Amendment Act, Postages and telegrams .. .. •• 225 0 0 1922 ... .. .. .. .. 2,829 15 6 Post Office services .. .. .. 300 0 0 Printing and stationery . . .. .. 110 0 0 Rent .. .. .. .. . • 250 0 0 Salaries .. .. . ■ ■ • 1,655 0 0 Solicitors' costs .. .. .. .. 72 17 3 Training-expenses .. .. .. .. 51 0 0 £2,830 11 4 £2,830 11 4 Wm. Waddel, Superintendent. R. 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.

171

B.—l [PT. IV].

NEW ZEALAND STATE COAL-MINES. Colliery Working Accounts for the Year ended 31st March, 1929.

Colliery Profit and Loss Accounts for the Year ended 31st March, 1929.

Plant, Buildings, etc., on Hire Revenue Account for the Year ended 31st March, 1929.

Dr. Liverpool. ' Jambs. Cr. Liverpool. James. ■ 1 ; £ s. d. £ s. d. £ s. d. £ s. d. To Stocks on hand, 1st April, 1928 6,337 18 5 535 2 2 By Sales of coal .. .. 160,712 19 0 52,660 11 5 Coal-winning — | Sales of stores, power, &c... 8,911 11 2 Wages .. .. 74,751 10 2 22,214 3 4 : Stocks of coal on hand at Stores and materials used 6,854 8 1 984 0 9 31st March, 1929, at mine, Electric power .. .. .. 295 4 8 wharf, and afloat .. 4,464 6 10 550 7 1 Railway tickets .. 674 0 4 Subsidized bus fares, &c. .. 346 16 6 Stores sales (at cost) .. 7,787 1 6 Coal purchased .. 31141 99 40 Special rate .. .. 808 7 3 238 18 9 Royalty .. .. .. 477 17 6 97,524 9 10 25,191 7 8 Gross profit—To Profit and Loss Account .. .. 76,564 7 2 28,019 10 10 £174,088 17 0 £53,210 18 6 £174,088 17 0 £53,210 18 6

Dr. Liverpool. James. Jj Or. j Liverpool. James. £ s. d. £ s. d. £ s. d. £ s. d. To Salaries .. .. .. 3,060 18 5 918 4 11 By Gross profit at mine .. 76,564 7 2 28,019 10 10 Rent .. .. .. .. 23 10 7 Rents .. .. .. 485 12 11 Interest.. .. .. 4,280 14 2 1,733 8 8 Travelling-expenses .. 159 11 3 47 17 1 Printing and stationery .. 146 311 43 173 Repairs and maintenance .. 6,145 0 8 800 0 2 Telegrams and postages .. 171 05 5160 Railway haulage .. .. 11,001 8 0 2,825 8 9 Insurance .. .. 3,206 5 9 933 19 7 Coal-miners' Relief Fund .. 277 4 6 79 17 0 General expenses .. .. 828 19 0 248 13 8 Marine freight .. .. 36,307 8 5 14,582 6 6 Audit fees .. .. 86 5 0 28 15 0 Wharfage .. .. 2,425 1 9 716 16 3 Superannuation Fund subsidy 74 6 9 37 6 5 Depreciation—Mine, buildings, plant, and machinery 8,653 3 7 3,282 7 5 76,823 11 7 26,353 15 3 Net profit—Transferred to General Profit and Loss Account .. .. 226 8 6 1,665 15 7 £77,050 0 1 £28,019 10 10 £77,050 0 I £28,019 10 10

Dr. £ s. d. Or. £ s. d. To Interest .. .. .. .. 145 13 10 By Hire of plant, buildings, &c. .. .. 572 10 11 Depreciation .. .. .. 412 14 5 558 8 3 Net revenue—Transferred to General Profit and Loss Account .. .. 14 2 8 £572 10 11 £572 10 11

B. — 1 [PT. IV].

Depot Profit and Loss Accounts for the Year ended 31st March, 1929.

NEW ZEALAND STATE COAL-MINES—continued. Depot Trading Accounts for the Year ended 31st March, 1929.

172

Dr. i Wellington. Chkistchurch. Wanganui. ; Gr. Wellington. Chbistchurch. Wanoanui. I 1 1 L_ ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Stocks on hand, 1st April, 1928 .. 4,190 3 0 9,400 15 1 504 18 6 By Sales of coal .. .. .. 122,677 6 9 72,075 11 5 20,241 9 6 Purchases of coal .. .. .. j 110,632 14 6 38,940 13 4 ) 18,270 9 4 Sales of coke, wood, &c... .. 3,663 4 8 1,381 2 9 466 6 6 Purchases of firewood, coke, &c. .. 2,980 9 0 858 8 10 322 1 4 Stocks on hand at 31st March, 1929 — 1 Wharfage .. .. .. j 901 14 6 .. 199 16 3 Coal .. .. .. 3,890 5 8 8,021 10 7 447 16 6 Haulage to depot .. .. .. 579 8 4 25,351 8 10 147 4 1 Firewood, coke, &c. .. .. 347 17 6 651 15 6 248 1 9 Wages —Discharging .. .. I 301 18 11 467 8 8 i 38 4 9 ■ 119,586 8 3 75,018 14 9 1 19,482 14 3 Gross profit — To Profit and Loss 10,992 6 4 7,111 5 6 1,921 0 0 Account 1 r ! j £130,578 14 7 £82,130 0 3 £21,403 14 3 £130,578 14 7 I £82,130 0 3 £21,403 14 3 i i 1 1

II II Dr. i Wellington. Chkistchurch. Wanganui. Gr. | Wellington. Chbistchubch. | Wanganui. • . _ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Wages .. .. .. .. 1,673 13 8 1,745 17 7 386 11 11 By Gross profit from Trading Account 10,992 6 4 7,111 5 6 1,921 0 0 Salaries .. .. .. .. 1,440 17 8 1,064 19 3 510 3 0 j Net loss— To General Profit and .. 124 8 11 154 10 2 Rents .. .. .. .. 523 18 4 87 10 0 201 0 0 Loss Account Interest ••. .. .. .. 434 14 0 195 9 6 41 0 2 Travelling expenses and allowances .. 106 0 2 20 11 5 28 14 6 Repairs and maintenance .. .. 500 3 7 666 2 9 89 17 4 Postages and telegrams .. .. 81 17 7 56 3 2 40 11 5 Printing and stationery .. .. 82 87 7452 25 58 Insurances .. .. .. 125 7 4 35 18 9 27 14 10 Cartage .. .. .. .. 3,572 6 9 2,369 18 6 478 7 10 Sacks .. .. .. .. 118 7 8 132 18 0 7 2 3 Freights .. .. .. .. 72 7 10 18 4 6 0 9 9 General expenses .. .. .. 563 4 7 161 16 4 50 10 3 Audit fees .. .. .. 40 0 0 36 0 0 24 0 0 Superannuation Fund subsidy .. 27 17 7 20 4 9 13 4 8 Reserve for bad debts .. .. 18 0 0 Depreciation .. .. .. 715 16 0 549 14 9 150 16 7 10,097 1 4 7,235 14 5 2,075 10 2 j Net profit —To General Profit and Loss 895 5 0 Account _ ; _ £10,992 6 4 £7,235 14 5 £2,075 10 2 ; £10,992 6 4 7,235 14 5 £2,075 10 2

173

B.—l Pt. IV

NEW ZEALAND STATE COAL-MINES—continued. Statement of Colliery Property Accounts as at 31st March, 1929.

Liverpool. James. j MacDonald. Totals. Development and Property Account — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Balance at 31st March, 1928 .. .. .. .. .. .. 63,860 2 2 30,502 0 0 80,071 14 2 Additions during the year .. .. .. .. .. .. 598 4 5 2,780 18 2 3,144 8 7 64,458 6 7 * 33,282 18 2 83,216 2 9 Less transfer to Cottages Account .. .. .. .. .. 1,189 13 6 63,268 13 1 Depreciation .. .. .. .. .. .. .. 3,067 18 0 1,738 14 9 60,200 15 1 31,544 3 5 83,216 2 9 174,961 1 3 Electrical Plant Account — Balance at 31st March, 1928 .. .. .. .. .. .. .. 448 4 0 Additions during the year .. .. .. .. .. .. .. 5,788 10 5 6,236 14 5 Depreciation .. .. .. .. .. .. .. .. 340 5 4 5,896 9 1 Less provisionally written ofl .. .. .. .. .. .. 13 6 0 5,883 3 1 .. 5,883 3 1 Machinery, plant, ropes, and rolling-stock — Balance at 31st March, 1928 .. .. .. .. .. .. 33,605 3 1 6,946 1 2 Less transferred to plant, buildings, &c., on hire .. .. .. 250 1 8 238 0 0 33,355 1 5 6,708 12 Plant on hire returned .. .. .. .. .. ., 169 17 4 Additions during the year .. .. .. .. .. .. 5,282 16 3 765 5 8 38,807 15 0 7,473 6 10 Sales .. .. .. .. .. .. .. .. 122 6 5 143 13 6 38,685 8 7 7,329 13 4 Depreciation .. .. .. .. .. .. .. 4,010 13 1 1,002 14 9 34,674 15 6 6,326 18 7 Less provisionally written off .. .. .. .. .. 1,067 2 6 — 33,607 13 0 6,326 18 7 39,934 11 7 Buildings at mine — Balance at 31st March, i928 .. .. .. .. .. .. 4,126 15 5 1,204 9 4 479 17 3 Additions during the year .. .. .. .. .. .. 144 7 7 726 3 8 4,271 3 0 1,930 13 0 479 17 3 Depreciation .. .. .. .. .. .. .. 314 17 0 106 11 7 3,956 6 0 1,824 1 5 479 17 3 Less provisionally written off .. .. .. ., .. .. 80 15 0 3,956 6 0 1,743 6 5 479 17 3 6,179 9 8 Carried forward .. .. ... .. ... .. 97,764 14 1 45,497 11 6 83,696 0 0 226,958 5 7

B.—l [PT. IVj.

Statement of Depot Property Accounts as at 31st March, 1929.

NEW ZEALAND STATE COAL-MINES—continued. Statement of Colliery Property Accounts as at 31st March, 1929—continued.

174

Liverpool. James. MacDohald. Totals. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 97,764 14 1 45,497 11 6 83,696 0 0 226,958 5 7 Cottages at mine — Balance at 31st March, 1928 .. .. .. .. .. .. 4,319 19 7 .. 1,964 15 6 Additions during the year .. .. .. .. .. .. 32 19 11 Transfer from Development and Property Account .. .. .. 1,189 13 6 5,542 13 0 .. 1,964 15 6 Less sales and recoveries during the year .. .. .. .. 500 0 0 .. 69 8 9 5,042 13 0 .. 1,895 6 9 Depreciation .. .. .. .. .. .. .. 192 13 0 — 4,850 0 0 .. 1,895 6 9 6,745 6 9 Plantation at mine — Balance at 31st March, 1928 .. .. .. .. •• •• 1,492 19 0 .. 910 5 5 Additions during the year — 1,492 19 0 .. 910 5 5 2,403 4 5 Coal (stock on hand at mine, wharf, and afloat) .. .. .. .. .. 4,464 6 10 .. 550 7 1 .. .. 5,014 13 11 Stores (stock on hand) .. .. .. .. .. • • .. 9,427 0 1 Less provisionally written off .. .. .. .. 16108 9,265 19 5 .. .. 9,265 19 5 £117,837 19 4 £46,047 18 7 £86,501 12 2 j £250,387 10 1

Wellington. Chbistchttkch. Wanganui. ! Totals. Depot Property Account — £ s. d. £ s. d. £ s. d. £ s . d. £ s. d. £ s. d. £ s. d. Balance at 1st April, 1928 .. .. .. .. •• •• 11,024 19 0 4,406 16 7 1,038 15 4 Additions during the year .. .. .. .. .. •• 31 0 5 1,855 15 6 28 14 8 11,055 19 5 6,262 12 1 1,067 10 0 Depreciation .. .. • • • • • • • • 715 16 0 * 549 14 9 146 12 7 10,340 3 5 5,712 17 4 920 17 5 Less provisionally written off .......... .. .. 440 — — 10,340 3 5 5,712 17 4 916 13 5 16,969 14 2 Stocks and stores on hand .. .. .. •• 4,578 12 0 9,721 2 3 777 16 7 Less provisionally written off .. .. .. •• •• •• 173 1 5 1,022 18 10 35 9 9 4,405 10 7 — 8,698 3 5 — — 742 6 10 13,846 0 10 £14,745 14 0 £14,411 0 9 £1,659 0 3 £30,815 15 0

175

B. —1 [Pt. IV

NEW ZEALAND STATE COAL-MINES— continued. General Profit and Loss Account for the Year ended 31st March, 1929. Dr. Cr. To Net loss— £ s. d. By Net profit— * S " « S * Wanganui Depot .. .. .. .. .. .. .. .. 154 10 2 Liverpool Colliery .. .. .. • • • • • • 226 8 6 Christchurch Depot .. .. .. .. .. .. .. 124 8 11 James Colliery .. .. •• •• •• •• 1,665 15 7 Balance—Profit for year, carried down .. .. .. .. .. 9,268 12 6 Wellington Depot .. .. .. •• •• •• 895 ® g 737 9 1 Net recoveries— Seddonville Colliery .. • ■ • • • • • • 92 15 0 Royalties .. .. '' '' • • 3,384 3 9 Net revenue from hire of plant, buildings, &c. .. .. 1428 3,491 1 5 Interest on investments .. • • • • • • • • • • ,269 1 1 £9,547 11 7 £9,547 11 7 £ s. d. £ s * To Sinking Fund Account for redemption of loan capital .. .. .. .. 4,573 7 10 By Balance— Profit for year 1928-29 .. .. .. .. •• 9,268 Balance—Net profit for year .. .. .. .. .. •• 4,695 4 8 £9,268 12 6 £9,268 12 6

B.—l TPt. IV

176

NEW ZEALAND STATE COAL-MINES— continued. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d. Loan under Coal-mines Act, 1925 .. .. .. .. 110,000 0 0 Collieries— New Zealand Consolidated Inscribed Stock .. .. .. 52,601 0 7 Development and Property Accounts .. .. .. 174,961 1 3 162,601 0 7 Machinery, plant, ropes, and rolling-stock .. .. .. 39,934 11 7 Interest due and unpaid on loan capital .. .. .. 1,267 18 11 Electrical plant (James Colliery) .. .. .. .. 5,883 3 1 Accrued interest on loan capital .. .. .. .. 2,522 7 7 Buildings at mines .. .. .. ■■ .. 6,17998 3,790 6 6 Cottages at mines .. .. .. .. .. 6,745 6 9 Departmental. Sundry. Plantations at mines .. .. .. .. . . 2,403 4 5 Sundry creditors— £ s. d. £ s. d. Coal stocks (bins, wharf, and afloat).. .. .. .. 5,014 13 11 Liverpool Colliery .. .. 2,119 9 2 7,961 15 2 10,081 4 4 Stores on hand .. .. .. .. .. .. 9,265 19 5 James Colliery .. .. .. 281 18 4 4,387 1 0 4,668 19 4 250,387 10 1 Wellington Depot .. .. 70 15 3 1,205 1 0 1,275 16 3 Plant, buildings, &e., on hire .. .. .. .. .. 3,626 2 4 Christchurch Depot .. .. 2,173 5 6 133 1 10 2,306 7 4 Depots— Wanganui Depot .. .. 51 8 2 107 15 10 159 4 0 Property Accounts .. .. .. .. .. 16,969 14 2 Stocks and stores on hand .. .. . . .. 13,846 0 10 4,696 16 5 13,794 14 10 18,491 11 3 30,815 15 0 Deposits on contracts .. .. .. .. .. .. 1,025 0 0 Prospecting on State Coal Reserve .. .. .. .. .. 113 11 10 Sinking Fund .. .. .. .. .. .. .. 4,854 4 7 Sinking Fund investments .. .. .. .. .. .. 4,854 4 7 Reserves— Housing advances to workmen .. .. .. 5,826 2 6 General Reserve .. .. .. .. .. .. 164,226 12 3 Interest accrued due .. .. .. .. .. 90 3 7 Bad Debts Reserve .. .. .. .. .. 812 11 7 5,916 6 1 Accident Insurance Reserve .. .. .. -. 3,304 5 10 Investments (ordinary) .. .. .. .. .. 32,800 0 0 168,343 9 8 Interest accrued due .. .. .. .. .. 323 15 11 General Profit and Loss Account— 33,123 15 11 Net profit for year .. .. .. .. .. .. 4,695 4 8 Departmental. Sundry. Sundry debtors— £ s. d. £ s. d. Liverpool Colliery.. .. 708 15 3 7,131 7 6 7,840 2 9 James Colliery .. .. 96 8 1 627 0 4 723 8 5 Wellington Depot .. .. 727 5 11 10,017 15 3 10,745 1 2 Christchurch Depot .. 53 18 1 5,146 10 10 5,200 8 11 Wanganui Depot .. .. 223 0 5 3,499 15 10 3,722 16 3 1,809 7 9 26,422 9 9 28,231 17 6 Less provisionally written off .. .. .. .. 15 7 4 28,216 10 2 Cash in Receiver-General's Deposit Account .. .. .. .. 1,075 0 0 Cash in Public Account .. .. .. .. .. .. 5,672 1 3 £363,800 17 3 £363,800 17 3 W. A. Veitch, A. W. Gyles, A.I.A.N.Z., A.R.A.N. Z., Accountant. Minister of Mines. I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss 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 in the opinion of the Audit Office interest on capital expenditure on the unopened MacDonald Colliery should be charged to General Profit and Loss Account instead of being capitalized, as development was sufficiently completed several years ago.— G. F. C. Campbell, Controller -and Auditor-General.

177

£.—1 [PT. IY].

STATE FIRE INSURANCE OFFICE. Revenue Account of the State Fire Insurance Office for the Year ended 31st December, 1928. £ s. d. £ s. d. Premiums after deduction of reinsurances .. 211,634 7 0 Bonus rebate to policyholders .. .. 26,421 1 5 Other receipts—lnterest, commission, and rent .. 40,459 14 7 Losses by fire (after deduction of reinsurances) .. 81,585 2 0 Appropriated to reserve for unearned premiums (in addition to £83,044 7s. Bd. already reserved) 1,609 7 2 ; Government taxes .. .. .. .. 9,789 16 4 Commission .. .. .. .. 10,039 15 0 Salaries .. ... .. .. .. 26,971 5 3 Contribution to Public Service Superannuation Fund .. .. .. .. .. 468 9 3 Contributions to Fire Boards under the Fire Brigades Act, 1908 .. .. .. .. 7.283 10 10 j Expenses of management — £ s. d. Travelling-expenses .. .. 1,799 7 9 Printing, stationery, and advertising .. .. .. 1,303 12 1 Rent .. .. .. 1,869 16 11 Exchange .. .. .. 39170 Postages, telegrams, cablegrams, and sundry charges .. 3,087 11 0 8,100 4 9 Office equipment .. .. , . .. 985 0 6 Office premises—Depreciation .. .. 3,239 15 4 176,493 7 10 Reinsurance Reserve Fund .. .. .. 10,000 0 0 Bonus Rebate Reserve .. .. .. 1,000 0 0 Office premises—Written off .. .. .. 3,000 0 0 Amount of fire-insurance funds at end of year .. 61,600 13 9 £252,094 1 7 £252,094 1 7 Balance-sheet as on the 31st December, 1928. Liabilities. Assets. £ £ s. d. £ s. d. Capital authorized by the State Fire Government war-loan securities .. .. 148,146 7 0 Insurance Act, 1908 .. .. 100,000 Other Government securities .. .. 123,150 0 0 Less not raised .. .. .. 100,000 Local-authority securities .. .. .. 87,696 4 4 • Nil Rural Advances bonds .. .. .. 14,175 0 0 Reserve Fund .. .. .. .. 525,516 19 11 Rural Intermediate Credit bonds .. .. 20,000 0 0 Investments Fluctuation Reserve Fund .. 10,000 0 0 Fixed deposits and at short call .. .. 90,000 0 0 Reserve for unearned premiums .. .. 84,653 14 10 Land and buildings .. .. .. 210,615 12 11 Bonus Rebate Reserve .. .. .. 27,500 0 0 Outstanding premiums .. .. .. 8,950 4 2 Reinsurance Reserve Fund .. .. .. 35,000 0 0 Interest accrued but not due .. .. 7,259 18 0 Premium and other deposits .. .. .. 814 17 3 Rent accrued or due .. .. .. 213 1 4 Outstanding fire losses .. .. .. 1,855 0 0 Rent overdue .. .. .. .. 292 8 7 Government taxes .. .. .. .. 9,789 16 4 Cash in Bank of New Zealand at Sundry creditors .. .. .. .. 5,687 12 5 Wellington, or in transit to £ s. d. Other amounts owing by the Office'— £ s. d. Wellington .. .. .. 60,466 3 1 Reinsurance premiums due .. 7,085 11 0 Imprest Account Commission.. .. .. 1,664 811 balances— £ s. d. Rent .. .. .. 30 4 0 Head Office .. 635 4 9 Printing, stationery, and adver- Auckland.. .. 0 4 4 tising .. .. .. 17 4 7 Hamilton.. .. 511 9 Postages and sundry charges .. 742 11 2 New Plymouth .. 25 1 6 —— 9,539 19 8 Palmerston North .. 411 9 Fire-insurance funds, as per Revenue Account .. 61,600 13 9 Napier .. .. 010 2 Nelson .. 10 7 7 Christchurch .. 283 8 0 Timaru .. .. 8 19 0 Dunedin .. .. 2 2 7 Invercargill .. 17 13 4 993 14 9 61,459 17 10 £771,958 14 2 ■— £771,958 14 2 J. H. Jerram, General Manager. C. B. Redward, 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.— G. F. C. Campbell, Controller and Auditor-General.

•23—8. 1 TPT. IY].

B.—l [Pi. IV].

178

STATE FIRE INSURANCE OFFlCE—continued. Revenue Account of the Accident Branch op the State Fire Insurance Office for the Year ended 31st December, 1928. £ s. d. £ s. d. Premiums after deduction of reinsurances .. 71,731 4 9 Free-year bonus on personal accident policies .. 145 19 10 £ s. d. Claims .. .. .. .. .. 43,807 4 11 Interest .. .. .. 12,368 7 5 Commission.. .. .. .. .. 5,060 14 5 Less land and income tax .. 3,294 7 6 Salaries .. .. .. .. .. 9,191 5 0 — 9,073 19 11 Contribution to Public Service Superannuation Fund .. .. .. .. .. 135 0 0 Expenses of management .. .. .. 2,095 3 5 Further appropriation to reserve for unearned premiums .. .. .. .. 2,776 17 9 Amount of accident funds, 31st December, 1928 .. 17,592 19 4 £80,805 4 8 £80,805 4 8 Balance-sheet of the Accident Branch of the State Fire Insurance Office as on 31st December, 1928. Liabilities. £ s. d. Assets. £ s. d. Accident funds, as per Revenue Account .. 17,592 19 4 Government war-loan securities .. .. 100,500 0 0 Outstanding accident claims .. .. ..15,500 0 0 Other Government securities .. .. .. 3,000 0 0 Government taxes .. .. .. .. 3,294 7 6 Local-authority securities .. .. .. 87,936 4 2 Commission.. .. .. .. .. 424 17 4 Rural Advances bonds .. .. .. 14,425 0 0 Premium and other deposits .. .. .. 427 911 Mortgages on property .. .. .. 4,350 0 0 Sundry creditors .. .. .. .. 168 911 Fixed deposits and at short call .. .. 35,000 0 0 Officers' Fidelity Fund .. .. .. 500 0 0 Interest accrued but not due .. .. .. 3, 906 ! 9 Reserve for Unearned Premiums .. .. 32,279 1 2 Agent's balances .. .. .. .. 1,534 19 6 Investment Fluctuation Reserve .. .. 3,000 0 0 Sundry debtors .. .. .. .. 5,796 3 2 Reserve Fund constituted under section 6of the Cash in hand on current account .. .. 9,276 1 11 Government Accident Insurance Amendment Act, 1924 „ .. .. .. 192,537 5 4 £265,724 10 6 £265,724 10 6 J. H. Jerram, General Manager. C. B. Redward, 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. — G. F. C. Campbell, Controller and Auditor-General.

B.—l [Pt. IV

179

STATE FOREST SERVICE. STATE FORESTS ACCOUNT. Income and Expenditure Account foe the Year ended 31st March, 1929. Timber Revenues Account. Expenditure. Income. To National Endowment Account £ s. d. £ s. d. £ s. d. (section 39, Forests Act, By Timber royalties .. .. .. 10,134 6 8 1921-22) .. .. .. 2,520 15 4 Timber-sales .. .. .. .. 45,395 9 9 Local authorities (section 17, Timber trespass .. .. .. .. 145 16 8 Finance Act, 1924) .. .. 7,030 4 3 — 9,550 19 7 Balance carried down .. .. .. 46,124 13 6 £55,675 13 1 £55,675 13 1 General Revenues Account. Expenditure. Income. £ s. d. £ s. d. £ s. d. £ s. d. To Salaries and contributions to By Balance brought down .. .. 46,124 13 6 Public Service Superannuation Leases — Fund .. .. .. .. 17,732 3 5 Grazing .. .. .. 1,939 4 0 General management of State Sawmill-sites .. .. 1,783 6 2 forests— Industrial .. .. .. 630 14 7 Postages, cables, printing, and 4,353 4 9 stationery, &c. .. .. 1,682 17 10 Permits — Payments to other Departments Grazing .. .. .. 62 14 2 for services rendered .. 139 6 3 Miscellaneous .. .. 522 17 6 Forest and grazing reconnais- — 585 11 8 sance, timber cruising, &c. 7,211 14 9 License and transfer fees .. .. 164 7 6 Cost-of-living bonus .. 6 10 0 Interest on promissory notes .. .. 209 8 2 Wild-life control .. .. 1,363 12 11 Fees for inspections and reports .. .. 336 10 7 Legal expenses, contingencies, Rental of departmental houses .. .. 117 10 0 &c. .. .. .. 114 211 Kauri-gum, sale of, and royalty .. .. 221 1 1 Office rent, heating, lighting, &e 2,264 16 7 Opossum revenue.. .. .. .. 5,040 510 Transportation expenses and Akatarawa Reserve—Administration expenses 0 3 3 upkeep of motor-vehicles .. 1,595 0 4 Administration expenses, Forest Amendment Travelling, transfer, and re- Act, 1926-27 .. .. .. .. 2,185 511 moval expenses .. .. 3,977 19 1 Miscellaneous .. .. .. .. 258 4 4 Maintenance of buildings and Rotorua Capital Account —Net profit on other departmental property 617 0 8 nurseries .. .. .. 548 16 3 18,973 1 4 Forest-fire prevention— Communication and controls, locomotion and travellingexpenses .. .. 342 2 0 Wages, &c. .. .. 1,691 12 0 2,033 14 0 Educational — Forest exhibits .. .. 12 5 4 Photographic records, &c. .. 137 410 Preparation of Service bulletins, purchase of publications, &c. .. .. 514 3 2 663 13 4 Forest research— Forest ecology, &c. .. .. 430 11 3 Silvicultural management studies .. .. .. 739 19 8 Timber products, testing, &c... 2,056 5 0 Forest entomology .. .. 174 7 10 3,401 3 9 Afforestation — Preparation of planting plans, &c. .. .. .. 767 1 7 Travelling expenses and allow- • ances .. .. .. 370 2 0 1,137 3 7 Miscellaneous — Yearly rent, Otanewainuku Survey District .. .. 74 0 0 Expenses of officers going overseas and Empire Forestry Conference .. .. 2,618 2 3 Grant to officers on retirement 90 0 0 2,782 2 3 Debts irrecoverable .. .. .. 71 15 2 Appraisal deposits refunded .. .. 14 17 4 Depreciation .. .. .. 2,443 13 4 Rates, &c., on Hukinga Forest .. .. 24 17 0 Canterbury - Otago Capital Account—Net loss on nurseries .. .. 236 14 1 Balance carried down .. .. 10,630 4 3 £60,145 2 10 £60,145 2 10 Interest Account. Expenditure. , Income. £ s. d. £ s. d. £ s. d. To Interest on loans .. .. 45,800 10 8 By Balance brought down .. .. .. 10,630 4 3 Tnterest on Consolidated Fund Interest on investments .. .. .. 3,137 13 adva-nces .. .. .. 2,666 5 0 Interest charged to nurseries and plantations.. 68,254 10 4 Recoupment of stamp duty .. 628 8 4 Land rental charged to nurseries and plantations 6,257 14 4 49,095 4 0 Land Suspense .. .. .. .. 528 5 6 Balance to General Reserves Account .. 39,712 11 8 £88,807 15 8 £88,807 15 8

b.—i rp T :iy

180

STATE FOREST SERVICE—continued. Summary of Nursery Tree-growing Operations for the Year ended 31st March, 1929.

Nursery Balance-sheets as at 31st March, 1929.

Liabilities. |! Assets. I Creditors. Ca P ital - Total. Arboretum Buildings. ; Formation. Fences. Stwk. Seed Frames. | Departmental Stoe^^ eea ' TotaL j J J Property. Distributing nurseries— £ 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. £ s. d. Rotorua .. .. 140 0 11 18,413 8 1018,553 9 9 .. 3,413 5 4|2, 133 0 0 138 4 4 .. 78 16 0 590 0 0 .. 283 10 01,345 4 810,571 9 5 .. 18,553 9 9 Hanmer .. .. 367 7 1 12,913 15 11 13,281 3 0 .. 2,497 3 9 .. 184 11 10 925 12 4 44 10 0 .. 45 19 0 276 7 1 1,086 11 6 8,220 7 6 .. 13,281 3 0 Naseby .. .. 34 6 10 2,011 13 1 2,045 19 11 .. .. .. .. .. 72 0 0 .. .. 21 11 1 455 7 2 1,497 18 .. 2,045 19 11 Tapamxi .. .. 377 17 1 13,743 15 7 14,121 12 8 .. 2,216 1 10 .. 440 6 3 389 18 11 70 0 0 .. 12 5 3 135 10 0 1,881 1 11 8,976 8 6 .. 14,121 12 8 Forest nurseries — Riverhead.. .. 0 3 9 3,362 19 10 3,363 3 7 15 6 4 580 11 2 83 18 0 133 17 9 199 17 2 40 0 0 227 19 4 4 7 10 261 6 7 272 19 3 1,543 0 2 .. 3,363 3 7 Kaingaroa .. 125 14 5 2,286 8 11 2,412 3 4 .. .. 174 19 9 .. .. . 296 3 0 1,941 0 7 .. 2,412 3 4 Karioi .. .. 84 3 2 3,085 3 6 3,169 6 8.. .. 118 12 0 335 13 0 '. .. 7 0 0.. " .. 2,708 1 8 .. 3,169 6 8 Golden Downs .. .. 3,846 15 5 3,846 15 5 .. .. .. .. .. .. .. .. 28 19 6 3,817 15 11 .. 3,846 15 5 Experimental nurseries — Tangimoana .. 15 9 6 571 17 9 587 7 3 .. 191 4 3 .. 31 2 6 .. .. . 103 13 II 261 6 7 .. 587 7 3 Westland .. .. 0 8 0 9,401 9 7 9,401 17 7 .. 1,419 1 02,612 0 4 274 3 8 169 11 9 .. 10 0 0 .. .. 159 12 7 4,487 8 3270 0 0 9,401 17 7 Totals .. 1,145 10 969,637 8 570,782 19 2 15 6 410,126 3 15,313 14 41,506 16 10 1,685 0 2336 8 6 834 19 462 12 1 978 4 95,629 13 644,024 0 3270 0 070,782 19 2 Note. —Sundry debtors shown in main balance-sheet only.

Dr. 1 Or. Purchase of S sSs°Stores S ' T ®^ f e°o( E™nses°and Interest ; Eent ' Sundry Sales of Trees and Seed I Net Joss j Trerafseeda, and Seed-beds , ™ Depreciation. and : j Total. and |ec e irts Tree3 and transferred to 0 °t ions seed beds and Stores Tota1 ' asat 1st April, Land Rental. I E gS£&™ Grazing. : Secel P ts - Seed. Plantations, at 31st March, j Regions. Distributing nurseries — £ 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. Rotorua .. .. 10,137 16 41,696 6 8 8,792 6 7 528 19 7 530 17 0 548 16 322,235 2 5 179 4 5 61 13 9 6,531 8 2 4,891 6 8 .. 43 3 2 10,528 6 322,235 2 5 Hanmer .. .. 10,431 4 11 331 4 1 5,224 19 2 357 8 1 711 4 10 .. 17,056 1 1 104 2 10 24 0 0 685 6 8 7,816 12 0J205 12 1 .. I 8,220 7 617,056 1 1 Naseby .. .. | 1,409 6 0 .. 554 4 4 33 17 8 79 11 5 .. 2,076 19 5 .. .. 220 16 0 348 4 5 ; 10 17 4 .. 1,497 1 8 2,076 19 5 Tapanui .. .. 11,138 5 6 458 4 0 5,212 16 11 357 17 0 758 17 6 .. 17,926 0 11 130 10 3 6 15 0 1,643 6 1 7,148 16 5 20 4 8 .. , 8,976 8 6 17,926 0 11 Forest nurseries — Riverhead .. .. j 1,530 18 4 232 12 3 1,707 16 0 103 0 3 128 16 5 .. 3,703 3 3 .. .. .. 2,160 3 1 .. .. 1,543 0 2 3.703 3 3 Kaingaroa .. .. j 2,522 17 2 421 4 4 1,698 0 1 7 7 3 51 16 1 .. 4,701 4 11 .. .. .. 2,760 4 4 .. 107 2 8 1,833 17 11 4,701 4 11 Karioi .. .. 1.220 19 0 587 19 2 1.964 16 10 111 1 3 57 0 0 .. 3.941 16 3 .. .. .. 1,233 14 7 .. .. j 2,708 1 8 3,941 16 3 Golden Downs .. 831 6 8 .. 4,365 14 1 10 17 0 38 18 8 .. 5,246 16 5 .. .. .. 1,429 0 6 .. .. 3,817 15 11 5,246 16 5 Experimental nurseries — Tanaimoana .. .. j 638 12 1 .. 405 16 9 42 11 6 28 14 9 .. 1,115 15 1 .. .. 4 1 0 850 7 6 .. .. 261 6 7 1,115 15 1 Westland .. .. j 4,537 5 10 6 8 9 1,224 6 9 169 12 8 278 16 0 .. 6,216 10 0 61 10 7 .. 779 2 2 888 9 0 .. .. 4,487 8 3 6,216 10 0 Totals .. .. 44,398 11 10 3,733 19 331,150 17 61,722 12 32,664 12 8 548 16 384,219 9 9 475 8 1 92 8 9 9,864 0 129,526 18 6236 14 1 150 5 10 43,873 14 584,219 9 9

STATE FOREST SERVICE—continued. Summary of Plantation Operations to 31st March, 1929.

B.—l [PT. IV].

Note. Main balance-sheet figures:— £ s. d. £ s. d. Plantations.. .. .. .. .. 1,709,835 0 11 Sand-dune Reclamation .. .. .. .. 9,403 1 6 Westland Forest Experimental Station.. .. .. 16,608 2 7 Longwood Forest .. .. •• •• .. 1,267 17 9 1,737,114 2 9 Value of buildings, &c., above .. •• .. 114,388 5 2 Debt on planted area .. .. •• •• 1,622,725 17 7 1,737,114 2 9

181

Expenditure. Receipts. I i Valu.6 of 1 Acres Cost Age of Plantation. E to Date^ 6 Interest on Cost of Trees. Interest on Compounded Total * Receipts IntereTon Departmental P'a?ted Area ■' TotaL Panted. per Acre tio^ to vate. Actual Expenses. Cost of Trees. ; Compounded. Receipts. Receipts. propSty banted Area. | j North Island. £ s. d. £ s. d. £ s. d. £ s. d.l £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Acres. £ s. d. Years. Maramarua .. .. 16,684 18 4 173 10 6 850 5 7 .. 338 7 1 18,047 1 6 .. .. 4,901 12 9 13,145 8 9 18,047 1 6 2,860 4 11 11 1 Riverhead .. .. 24,070 2 11 625 9 9 2,634 4 3 59 15 7 302 14 8 27,692 7 2 .. .. 3,891 4 1 23,801 3 1 27,692 7 2 5,813 4 1 10 3 Kaingaroa .. 197,114 10 5 47,634 11 5 76,813 16 11 25,927 8 015,981 15 6 363,472 2 3 1,441 2 5 354 15 5 25,829 4 8 335,846 19 9 363,472 2 3 3 10 18 Waiotapu .. .. 88,624 2 10 71,816 17 11 25,906 0 6 31.250 17 4 3,569 11 7 221,167 10 2 1,317 1 8 477 11 9 6,232 18 1 213,139 18 8 221,167 10 2 7,352 28 19 8 30 Whakarewarewa .. 115,864 3 6 85,226 13 5 23,361 4 11 26,532 18 7 4.810 0 9 255,795 1 2 4,543 19 21,979 1 8 8,240 0 5 241,031 19 11 255,795 1 2 7,677 31 7 11 31 Karioi .. .. 22,130 4 6 571 4 0 2,639 1 3 .. 759 3 10 26,099 13 7 385 11 5 7 15 0 10,454 18 6 15,251 8 8 26,099 13 7 6,659 2 5 9 2 Sotjth Island. Golden Downs .. .. 13,236 7 8 296 4 3 1,712 15 0 7 11 3 592 0 0 15,844 18 2 40 5 0 .. 3,031 7 4 12,773 5 10 15,844 18 2 2,908 4 7 10 2 Balmoral .. .. | 66,711 12 5 13,274 10 8 26,812 5 7 5,829 8 3 3,588 9 1 116,216- 6 o[ 1,226 0 3 219 17 2 13,248 14 5 101,521 14 2 116,216 6 0 17,307 5 17 3 12 Blue Mountains .. 31,407 14 10 1,284 16 7 15,383 13 4 775 6 11 113 17 3 48,965 8 11 175 17 1 14 16 1 7.148 8 7 41,626 7 2 48,965 8 11 8,318 5 0 1 4 Conical Hill and Pukerau , 57,737 18 11 45,548 12 4 22,961 15 6 22,808 13 4 7,463 1 3 156,520 1 4 4,452 7 102,176 14 2 4.381 15 6 145,509 3 10 156,520 1 4 4,089 35 11 8 26 Dusky Hill and Greenvale | 55,710 6 3 36,931 1 7 29,139 7 3. 19,367 19 2 4,406 10 3 145,555 4 6 1,130 11 8 389 19 6 5,371 13 10 138,662 19 6 145,555 4 6 4,465 31 1 1 31 Eyrewell .. .. 12,567 0 0 .. 3,236 2 4 .. .. 15,803 2 4 .. .. 3,941 9 8 11,861 12 8 15,803 2 4 3,135 3 15 8 1 Hanmer Springs .. 73,272 3 11 36,064 6 5 20,781 19 0 12,297 15 6 6,710 16 11 149,127 1 9 2,538 9 4 587 9 9 9,294 2 11 136,706 49 9 149,127 1 9 7,365 18 11 3 27 Naseby .. .. 28,722 11 2 16,961 11 2 25,133 6 6 18,666 19 2 2,229 14 4 91,714 2 4 784 15 3 86 3 3 3,324 10 4 87,518 13 6 91,714 2 4 2,560 34 3 9 30 Expebimental Stations. Puhipuhi .. .. 13,522 6 4 6,840 16 1 1,769 10 3 1,039 15 6 654 15 4 23,827 3 6 256 17 0 28 16 4 561 9 0 22,980 1 2 23,827 3 6 1,200 19 3 0 25 Rangitikei .. .. 3,518 7 4 364 4 4 2,567 19 3 214 10 11 .. 6,665 1 10 0 11 9 .. 1,300 0 6 5,364 9 7 6,665 1 10 522 10 5 8 8 Rangitikei Sand-dunes Re- 8,272 3 10 1,130 17 8 .. .. .. 9,403 1 6 .. .. 822 9 9 8,580 11 9 9,403 1 6 3,835 2 4 9 1 clamation Dumgree .. .. 11,977 19 9 11,660 19 9 3,985 7 0 5,691 3 3 6,367 11 2 39,683 0 11 3,420 8 31,845 4 11 115 5 1 34,302 2 8 39,683 0 11 342 100 6 0 26 Westland .. .. 14,328 0 2 .. 2,280 2 5 .. .. 16,608 2 7 .. .. 1.803 13 6 14,804 9 1 16,608 2 7 1,488 9 18 11 6 Galloway .. .. 68 19 10 49 12 0 16 0 0 11 3 6 0 5 3 146 0 7 .. .. 20 6 6 125 14 1 146 0 7 2 62 17 1 .13 Gimmerburn .. .. 3,621 0 6 4,511 16 6 3,288 0 0 4,858 6 5 561 16 9 16,841 0 2 1,820 18 81,262 17 2 161 5 0 13,595 19 4 16,841 0 2 93 146 3 8 28 Omarama .. .. 81 18 9 48 14 8 11 0 0 7 19 3 1 2 6 150 15 2 .. .. 18 19 3 131 15 11 150 15 2 2 65 17 11 13 Raincliffe .. 540 15 0 694 3 3 .. .. ] ; 506 18 3 2,741 16 6 11 4 0 20 13 4 115 6 7 2,594 12 7 2,741 16 6 159 16 6 4 27 Waitahuna .. .. 267 7 9 331 2 2 63 0 0 88 11 3 7 16 2 757 17 4 .. .. 18 19 3 738 18 1 757 17 4 11 67 3 5 23 Longwood .. 674 18 7 17 8 8 562 6 8 9 18 11 3 4 11 1,267 17 9 .. .. 158 9 8 1,109 8 1 1,267 17 9 268 4 2 9 2 Totals.. .. 860,727 15 6382,059 5 1291,909 3 6175,446 2 159,969 12 101,770,111 19 0 23,546 0 99,451 15 6 114.388 5 2 1,622,725 17 71,770,111 19 0 I

B.—l [PT. IVI.

182

STATE FOREST SERVlCE—continued. STATE FOREST ACCOUNT. Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Forest Capital Account .. .. 36,402,582 10 4 Land .. .. .. 1,975,240 1 0 Loans — Purchases, &c. .. .. 15,757 6 7 Debentures and stock issued 916,171 6 3 Survey and roading loans Advances from Consolidated on Crown lands taken Fund .. .. .. 104,250 0 0 over .. .. 6,316 5 4 1,020,421 6 3 1,997,313 12 11 Sundry creditors — Standing forests .. .. .. 34,055,209 11 2 National Endowment Account 8,020 15 4 Forest improvements—DeLands Department—Hurakia marcation, tracks, and Forest .. .. .. 5,822 0 0 protection improvements .. 4,222 2 8 Open Account— Departmental property —InDepartmental .. .. 1,392 911 digenous forests — Sundry.. .. .. 8,489 19 11 Buildings .. .. 3,739 18 7 Interest accrued on loans .. 10,889 4 5 Field equipment .. 2,236 10 9 34,614 9 7 Office equipment .. 3,524 15 9 Reserves — Motor-vehicles .. .. .1,870 2 10 Bad debts .. .. 2,500 0 0 Telephone-lines .. 365 17 9 Public debt redemption .. 3,129 7 5 Fire-fighting equipment .. 405 14 10 General Reserve .. .. 567,602 15 11 Photographic equipment 149 14 11 573,232 3 4 Reference library and exAmounts held in deposit .. .. 1,230 2 0 hibits .. .. 1,174 7 7 Writings off Suspense .. .. 61 4 4 Forest ecology, equipment, &c. .. .. 149 19 6 Timber-testing equipment 581 16 4 Forest atlas .. .. 1, 762 19 II Stores and miscellaneous 167 12 3 16,129 11 0 Sundry debtors — Departmental .. .. 14,971 14 9 Sundry .. .. 94,273 5 9 Interest accrued on investments .. .. 515 1 5 — 109,760 1 11 Nurseries and plantations— Nurseries .. .. 70,782 19 2 Plantations .. .. 1,709,835 0 11 Administration expenses to be allocated to plantations .. .. 12,352 9 0 1,792.970 9 1 Experimental and research works — Sand-dune reclamation .. 9,403 1 6 Westland Forest Experimental Station .. 16,608 2 7 Auckland Experimental Station .. .. 462 4 2 Re-establishment Longwood Forest .. .. 1,267 17 9 Re-establishment Waikaia Forest .. .. 0 10 6 Re-establishment Erua Forest .. .. 1,32115 1 Arboretum and sample plots .. .. 848 9 11 — 29,912 1 6 Seed and stocks .. .. 2,748 18 10 Seeds, &c., in transit .. 196 10 0 2,945 8 10 Investment in Public Debt Redemption Fund .. .. 3,849 11 5 Assets —Suspense .. .. 61 4 4 Deposit Account — Receiver-Generals .. 426 0 0 Other (Forest Clerks) .. 804 2 0 1,230 2 0 Cash in Post Office .. .. 1,290 13 8 Cash in Public Account .. 16,314 4 5 Imprests outstanding .. 933 0 11 17,247 5 4 £38,032,141 15 10 £38,032,141 15 10 Notes. —(1) Lands and standing forests other than areas purchased have been valued as follows : Prairie value, ss. per acre » protection, £1 per acre ; merchantable forest, £10 per acre. (2) Plantations have been valued at cost, plus compound interest, less returns compounded. E. Phillips Turner, Director of Forestry. W. Riach, A.R.A.N.Z., Accountant. I hereby certify that 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. —J. H. Fowler, Deputy Controller and Auditor-General.

183

B.—l [PT. IV].

SWAMP LAND DRAINAGE ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1929. Receipts. £ s. d. Payments. To Balance as at Ist April, 1928 .. .. 19,262 18 0 By Kaitaia Drainage District — £ s. d. £ s. d. Debentures issued under Swamp Land Drainage Drainage-works, &c. .. 11,456 12 5 Act, 1915, and Appropriation Act, 1918, Management and engineering section 46 .. .. .. .. 35,000 0 0 expenses .. .. 958 14 5 Temporary transfers from other accounts 12,415 6 10 (Public Revenues Act, 1926, section 40) .. 15,000 0 0 Waihi Drainage District — Rents from the letting of national-endowment Drainage-works, &c. .. 2,060 4 10 lands in the Waihi drainage area .. .. 2,245 13 8 Management and engineering Special rate for interest and sinking expenses .. .. 98 4 6 fund: Swamp Land Drainage 2,158 9 4 Act, 1915, section 5— £ s. d. Hikurangi Drainage District — Kaitaia drainage area .. .. 69 13 6 Drainage-works, &c. .. 15,695 15 6 Waihi drainage area .. .. 10 11 Management and engineering 70 14 5 expenses .. .. 1,424 13 11 General rate for administration and 17,120 9 5 maintenance : Swamp Land Poukawa Drainage District — Drainage Amendment Act, Drainage-works, &c. .. 504 0 7 1926, section 5 — Management and engineering Kaitaia drainage area .. .. 18 6 11 expenses .. .. 42 17 9 Waihi drainage area .. .. 0 17 7 546 18 4 19 4 6 Fuel and stores .. .. .. 11,209 2 8 Rents .. .. .. .. .. 119174 Interest on debentures recouped Plant-hire .. .. .. .. 55 0 0 to Consolidated Fund .. .. 1,660 0 0 Royalty .. .. .. .. 1 17 8 Loose tools .. .. .. .. 12 15 0 Interest on mortgage .. .. .. 10 10 0 Management charges on conRepayment in reduction of mortgage .. 50 0 0 solidated stock .. .. 712 2 Interest on investments .. .. .. 338 17 11 Stamp duty on transfers, conInterest on temporary transfers charged during solidated stock .. .. 14 9 4 year 1927-28 .. .. .. .. 1,145 11 9 22 1 6 Miscellaneous .. .. .. .. 918 16 2 Plant and machinery, &c. .. .. 4,807 13 1 Refund of special rates for interest and sinking fund — Kaitaia drainage area .. 337 14 0 Waihi drainage area .. 4 10 11 342 4 11 Refund of general rates for administration and maintenance— Kaitaia drainage area .. 109 13 1 Waihi drainage area . . 161 19 7 271 12 8 Temporary transfers from, other accounts repaid 15,000 0 0 Balance at the end of year— Cash in the Public Account .. .. 8,672 7 8 £74,239 15 £74,239 1 5

£.—1 ! PT. IY

184

SWAMP LAND DRAINAGE ACCOUNT —continued. Balance-sheet as at 31st March, 1929. Liabilities. Assets. Debentures issued under Swamp Land Drainage £ s. d. Kaitaia Drainage District,— £ s. d. £ s. d. Act, 1915.. .. .. .. .. 571,000 0 0 Allocated cost of works on which Temporary advances from other accounts (section rates are levied— 40, Public Revenues Act, 1926) .. .. 10,000 0 0 Rural subdivision .. .. 110,000 0 0 Consolidated "Fund —For loans redeemed under Town district .. .. 15,000 0 0 Public Debt Repayment Act, 1925 .. .. 5,000 0 0 125,000 0 0 Public Works Fund—Land Improvements vote .. 4,563 19 7 Excess cost of works not reConsolidated Fund — Interest on debentures paid coverable .. .. 62,696 7 .'J but not recouped from Swamp Land Drainage Interest Account—Proportion Account .. .. .. .. .. 49,790 2 8 chargeable to district .. 69,417 14 5 Consolidated Fund —Accumulated interest on 132,114 1 8 amount expended out of Public Works Fund .. 2,743 10 2 Waihi Drainage District — Sundry creditors — £ s. d. Allocated cost of works on which Interest on debentures accrued rates are levied .. .. . . 75,000 0 0 but not due .. .. 8,913 14 0 Excess cost of works not reInterest on temporary transfers 1,413 10 7 coverable .. .. 5,500 10 4 Departmental .. .. 352 ] 0 6 Interest Account — Proportion Miscellaneous .. .. 5,770 8 4 chargeable to district .. 27,778 19 9 16,450 3 5 33,279 10 1 Rent accrued but not due .. .. .. 298 0 0 Poukawa Drainage District — Suspense Account .. .. .. .. 5,557 11 6 Drainage-works .. .. 5,121 110 Interest Account — Proportion chargeable to district .. 2,115 11 11 7,236 13 9 Hikurangi Drainage District— Drainage-works .. .. 162,784 18 6 Interest Account — Proportion chargeable to district .. 41,833 9 2 204,618 7 8 Mangawai Drainage District — Drainage-works .. .. 1,877 15 9 Interest Account — Proportion chargeable to district .. 616 8 4 — 2,494 4 1 Harihari Drainage District— Drainage-works .. .. 4,354 15 1 Interest Account — Proportion chargeable to district .. 1,141 611 5,496 2 0 Buildings .. .. .. .. 2,611 4 6 Wharves .. .. .. 85 1 9 Plant and machinery . . .. 48,650 6 9 Loose tools .. .. . . 762 3 4 Live-stock .. . . .. .. 28 4 5 Fuel, &c. .. .. .. .. 2,854 5 11 Stores on hand .. .. .. 6,848 1 5 Sundry debtors— £ s. d. Advance on mortgage! . . 160 0 0 Interest on mortgage .. 2 15 Hut rents .. . . .. 16 9 3 Dredge-hire .. ... 940 10 0 Bent under section 4 (5), Swamp Drainage Amendment Act, 1926 .. .. .. 268 17 1 Departmental . . .. 700 15 3 Miscellaneous .. .. 51 17 6 2,140 10 6 Kaitaia Drainage District —Maintenance costs on completed works (in suspense) .. .. 4,068 18 2 Waihi Drainage District — Maintenance costs on completed works (in suspense) .. .. .. .. 2,373 0 1 Balance' carried forward on general revenue— Central subdivision .. .. .. 1,07037 Cash in Public Account .. .. .. 8,672 7 8 £665,403 7 4 £665,403 7 4 J. B. Thompson, Under-Secretary for Lands. 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

185

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TEACHERS' SUPERANNUATION FUND. Revenue Account fob the Year ended 31st January, 1929. £ s. d. £ s . d. To Balance, 31st January, 1928 .. .. 1,134,014 15 5 By Pvetiring and other allowances .. .. 207,706 8 8 Contributions of members .. .. 135,232 9 4 Contributions refunded— £ s. d. Additional contribution from Fiji Govern- On voluntary retirement .. 21,030 10 9 ment in respect to teachers in Fiji schools.. 224 12 4 On death of member .. 4,118 18 10 Contributions transferred from other funds 603 14 8 On lapse of membership .. 1,608 5 4 Government subsidy — £ s. d. 26 757 14 11 Under the Act, section 112 43,000 0 0 Contributions transferred to other funds .. 22 18 2 ~ section 114 4,000 2 1 Administration expenses— £ s. d. Additional grant .. 25,000 0 0 Commission, G.P.O. .. 440 8 0 72,000 2 1 Commission, Public Trustee 1,654 11 4 Interest Clerical assistance .. 900 0 0 On investments .. ..67,118 4 4 Postage and telegrams .. 75 0 0 On contributions in arrears 709 17 1 Office expenses .. .. 178 18 10 67,828 1 5 Travelling-expenses of Board members .. .. 92 2 9 Medical fees .. .. 35 5 0 Audit fees .. .. 50 0 0 3,426 5 11 Balance, 31st January, 1929 .. .. 1,171,990 7 7 £1,409,903 15 3 | £1,409,903 15 3 COST-OF-LIVING BONUS ACCOUNT FOR THE YEAR ENDED 31st JANUARY, 1929. £ s. d. £ s. d. To Reiund from Consolidated Fund .. .. 1,701 5 5 By Balance due from Consolidated Fund, January. Balance due from Consolidated Fund, 31st Janu- 1928 .. .. .. .. .. 158 10 4 ary, 1929 .. .. .. .. 141 3 8 Payment of bonus .. .. .. 1,683 18 9 £1,842 9 1 £1,842 9 1 Balance-sheet as at 31st January, 1929. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. .. 1,171,990 7 7 Amount held by Public Retiring and other allowances due and unpaid 1,782 2 7 Trustee — ' £ s. d. Refund of contributions due and unpaid .. 923 11 1 Invested .. .. 1,176,276 15 1 Administration expenses unpaid — Uninvested .. .. 3,924 3 1 Commission, Post and Telegraph £ s. d. —- 1,180,200 18 2 Department .. .. 153 18 6 Contributions of members — Clerical assistance .. .. 750 0 0 In transit .. .. 3,457 0 1 Postage and telegrams .. 62 10 0 * Due and outstanding .. 6,422 9 7 Office expenses, printing, and 9,879 9 8 stationery .. .. 30 6 10 Interest on investments— Medical fees .. . . 3 3 0 Due and outstanding .. 1,833 8 7 Audit fee .. .. .. 41 13 4 Accrued, but not due .. 17,833 4 0 1,041 11 8 „ 19,666 12 7 Unclaimed contributions .. .. 1,464 4 3 Interest on arrears of contributions due and outAmounts paid into fund in error .. 5 16 standing (contributors') .. .. .. 493 15 4 Government subsidy—Statutory Due by annuitants under section 115 of the grant paid in advance to 31st Act (contributions and interest) .. .. 74 14 9 December, 1929 .. .. 39,416 13 4 Consolidated Fund, on account of cost-of-living Less portion of additional subsidy bonus .. .. .. .. .. 141 3 8 (£25,000) voted for year to 31st March, 1929, not paid at 31st January, £10,833 6s. Bd.; additional subsidy under section 114 of Act, not yet paid, £294 lis. 3d. .. .. 11,127 17 11 28,288 15 5 Reserve— For commission payable to Public Trustee in respect to interest due or accrued .. 491 12 0 For commission to Post and Telegraph Department in respect to vouchers issued but unpaid .. .. 22 0 0 For cost of actuarial investigation (now in progress) .. 250 0 0 ' 763 12 0 Reserve for loss on realization of securities. £s. d. Balance at 31st January, 1928 4,109 7 3 Less loss, 1928-29 (principal) 4.104 16 7 — ■ 4 10 8 Vouchers issued but unpaid at 31st January, 1929 .. .. 13,320 18 6 Less cash in Post Office .. 9,128 1 1 4,192 17 5 £1,210,456 14 2 j £1,210,456 14 2 C. E. Crawford, A.R.A.N.Z. Secretary, Teachers' Superannuation Bcarcl. 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. G. Campbell, Controller and Auditor-General.

24—8. 1 [PT. IV i.

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TOURIST AND HEALTH RESORTS DEPARTMENT. Income and Expenditure Account foe the Yeae ended 31st March, 1929. Expenditure. Income. To Working Accounts —Net loss after charging in- £ s. d. By Working Accounts—Net profit after charging in- £ s. d. terest and portion of Head Office expenses — terest and portion of Head Office expenses— TeAroha .. .. .. .. 3,301 4 5 Rotorua electric system .. .. .. 5,507 7 11 Rotorua Baths .. .. .. .. 8,993 2 10 Rotorua acclimatization .. .. .. 267 10 5 Rotorua Sanatorium .. .. .. 1,699 19 4 Waimangu round trip .. .. .. 88 18 11 Rotorua Gardens .. .. .. 4,167 5 11 Waitomo Caves and Hostel .. .. 203 5 11 Rotorua water and drainage .. .. 4,844 3 2 Advertising receipts, sale pamphlets, &c. .. 553 17 9 Lake House, Waikaremoana .. .. 1,058 12 5 Balance —Excess of expenditure over income Morere Hot Springs .. .. .. 109 12 1 after charging interest .. 40,466 0 0 Queenstown .. .. .. .. 956 5 0 Hermitage Hostel (leased) .. .. 1,593 15 10 Te Anau steamer and hotel (leased) .. 1,640 3 4 Glade House and Milford Track .. .. 3,515 15 9 Sydney and Melbourne agencies .. .. 3,943 15 5 Passenger-booking bureaux .. .. 741 1 1 Miscellaneous reserves .. .. .. 3,433 8 8 Advertising (general) and subsidies to advertising campaigns .. .. .. 2,51274 Subsidies to inland mails .. .. .. 1,097 17 6 Subsidies to accommodation houses, &c. .. 125 0 0 Subsidy to Rotorua Borough Council .. 1,300 0 0 Expenses in connection with Brisbane, Vancouver, Durban, Perth, San Francisco, and Johannesburg agencies .. .. .. 313210 Miscellaneous general expenses (salaries, &c., not apportioned) .. .. 1,740 8 0 £47,087 0 11 £47,087 0 11 TE AROHA. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. dTo Stores on hand at Ist April, 1928 .. .. 26 110 By Receipts .. .. .. .. .. 1,396 1 0 Salaries and wages .. .. .. .. 2,313 611 Stores on hand at 31st March, 1929 .. .. 25 12 6 Repairs, purchase stores, &c... .. .. 1,036 9 2 Balance carried down .. .. .. 2,302 1 10 Depreciation and writings-off .. .. 347 17 5 £3,723 15 4 £3,723 15 4 a ■ £ s. d. £ s. d. By Net loss, to Income and Expenditure Account.. 3,301 4 5 To Balance .. .. .. . . .. 2,302 110 Head Office expenses .. .. .. 303 5 4 Interest on capital .. .. .. .. 695 17 3 £3,301 4 5 £3,301 4 5 ROTORUA BATHS. Woeking Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. d. To Salaries and wages .. .. .. .. 9,379 15 8 By Receipts .. .. .. .. .. 5,929 8 2 Value stores used .. .. .. .. 1,258 1 3 Services rendered to Sanatorium .. ..1,287 I 11 Repairs, electric energy, administrative expenses, Balance carried down .. .. ..6,225 I 1 &c. .. .. .. .. .. 1,162 19 1 Depreciation and writings-off .. .. 1,640 15 2 £13,441 11 2 £13,441 11 2 £ s. d. £ s. d. To Balance .. .. .. .. .. 6,225 1 1 By Net loss, to Income and Expenditure Account.. 8,993 210 Head Office expenses .. .. .. 509 14 0 Interest on capital .. .. .. .. 2,258 7 9 £8,993 2 10 £8,993 2 10 ROTORUA SANATORIUM. Working Account for the Yeae ended 31st Maech, 1929. Dr. £ s. d. Cr. £ s. dTo Stores on hand at Ist April, 1928 .. .. 464 011 By Fees receivable .. .. .. .. 7,464 19 6 Salaries and wages .. .. .. .. 3,181 16 11 Miscellaneous receipts .. .. .. 232 19 8 Stores purchased .. .. .. .. 2,558 14 2 Stores on hand at 31st March, 1929 .. .. 415 3 8 Services rendered by Rotorua Baths .. .. 1,287 111 Balance carried down .. .. .. 954 14 3 Electric energy, repairs, &c. .. .. .. 859 13 4 Depreciation and writings-off .. .. 716 910 £9,067 17 1 £9,067 17 1 £ s. d. £ s. d. To Balance .. .. .. .. .. 954 14 3 By Net loss, to Income and Expenditure Account .. 1,699 19 4 Head Office expenses .. .. .. 338 2 4 Interest on capital .. .. .. .. 407 2 9 £1,699 19 4 £1,699 19 4

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TOURIST AND HEALTH RESORTS DEPARTMENT—continued. ROTORUA GARDENS. Working Account foe the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Stores at Ist April, 1928 .. .. .. 8 9 9 By Receipts .. .. .. .. .. 783 7 2 Salaries and wages.. .. .. .. 2,476 2 6 Stores at 31st March, 1929 .. .. .. 32 3 5 Value of stores issued .. .. .. 277 1 9 Balance .. .. .. .. .. 2,989 19 1 Miscellaneous expenses .. .. .. 820 19 6 Depreciation .. .. .. .. 224 16 2 £3,807 9 8 £3,807 9 8 £ s. d. £ s. d. To Balance .. .. .. .. .. 2,989 19 1 By Net loss, to Income and Expenditure Account 4,167 511 Head Office expenses .. .. .. 404 11 8 Interest on capital .. .. .. 772 15 2 £4,167 5 11 £4,167 5 11 ROTORUA ELECTRICAL SYSTEM. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Salaries and wages. . .. .. .. 2,727 18 9 By Sales of electrical energy .. .. .. 15,090 14 5 Electric energy purchased .. .. .. 2,522 10 0 Discounts forfeited .. .. .. 229 14 1 Value of stores used .. .. .. 248 4 9 Miscellaneous receipts .. .. .. 501 16 8 Miscellaneous expenses .. .. .. 1,148 10 5 Depreciation .. .. .. .. 968 10 0 Balance carried down .. .. 8,206 11 3 £15,822 5 2 £15,822 5 2 £ s. d. £ s. d. To Head Office expenses .. . . .. 494 17 10 By Balance .. .. .. .. .. 8,206 11 3 Interest on capital .. .. 2,204 5 6 Net profit, to Income and Expenditure Account 5,507 7 11 £8,206 11 3 £8,206 11 3 ROTORUA WATER AND DRAINAGE. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Salaries and wages.. .. .. .. 1,040 4 4 By Water charges .. .. .. .. 4,005 4 6 Value of stores used .. .. .. 216111 Miscellaneous receipts .. .. .. 26 17 9 Part cost of cast-iron mains.. .. .. 400 0 0 Balance carried down .. .. .. 366 6 2 Discounts allowed .. .. .. .. 242 4 3 Miscellaneous expenses .. .. .. 641 13 4 Depreciation .. .. .. 1,858 4 7 £4,398 8 5 £4,398 8 6 £ s. d. £ s. d. To Balance .. .. .. .. .. 366 6 2 By Net loss, to Income and Expenditure Account 4,844 3 2 Head Office expenses .. .. .. 382 9 7 Interest on capital .. .. .. 4, 095 7 5 £4,844 3 2 £4,844 3 2 ROTORUA ACCLIMATIZATION. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Stores at Ist April, 1928 .. .. .. 8 5 7 By Sale of licenses .. .. .. .. 2,023 10 6 Salaries and wages.. .. .. .. 843 15 0 Opossum revenue .. .. .. .. 129 6 4 Purchase of trout ova a,nd fry, and miscellaneous Miscellaneous receipts .. .. .. 15 0 0 stores .. .. .. .. .. 304 12 1 Stores at 31st March, 1929 .. .. .. 9 3 1 Miscellaneous expenses .. .. .. 484 6 7 Depreciation .. .. .. .. 66 8 0 Balance carried down .. .. .. 469 12 8 £2,176 19 11 £2,176 19 11 £ s. d. £ s. d. To Head Office expenses .. .. .. 128 10 9 By Balance .. .. .. .. .. 469 12 8 Interest on capital .. .. .. 73 11 6 Net profit, to Income and expenditure Account 267 10 5 £469 12 8 £469 12 8

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TOURIST AND HEALTH RESORTS DEPARTMENT—continued. WAIMANGU ROUND TRIP. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. i Or. £ s. d. To Stores at Ist April, 1928 .. .. .. 33 6 1 By Receipts .. .. .. .. .. 2,732 17 9 Salaries and wages.. .. .. .. 1,229 0 1 Stores at 31st March, 1929 .. .. .. 42 3 7 Stores issued .. • .. .. 211 9 0 Miscellaneous expenses and administrative expenses .. .. .. .. 260 1 2 Depreciation and writings off .. .. 493 0 11 Balance carried down .. .. .. 546 4 1 £2,775 1 4 £2,775 1 4 £ s. d. £ s. d. To Head Office expenses .. .. .. 130 15 5 By Balance .. .. .. .. .. 546 4 1 Interest on capital .. .. .. 326 9 9 Not Profit, to Income and Expenditure Account 88 18 11 £546 4 1 £546 4 1 WAITOMO CAVES AND HOSTEL. Working Account for the Year ended 31st March, 1929. Dr. £ s. d'. I Cr. £ s. d. To Stores at Ist April, 1928 .. .. .. 150 15 8 By Board and accommodation fees .. .. 6,843 7 5 Salaries and wages .. .. .. 2,644 2 5 Caves fees .. .. .. .. 4,942 Oil Purchase of stores .. .. .. 3,089 10 11 Miscellaneous receipts .. .. .. 725 6 1 Electric energy .. .. .. .. 947 10 0 Stores at 31st March, 1929.. .. .. 447 10 4 Freight, cartage, postages, &c. .. .. 996 13 8 Painting and renovations .. .. .. 683 12 10 Depreciation and writings-off .. .. 1,492 12 11 Balance carried down .. .. .. 2,953 6 4 £12,958 4 9 £12,958 4 9 £ s. d. £ s. d. To Head Office expenses .. .. .. 247 4 9 By Balance .. .. .. .. 2,953 6 4 Interest on capital .. .. .. 2,502 15 8 Net profit, to Income and Expenditure Account 203 5 11 £2,953 6 4 £2,953 6 4 LAKE HOUSE, Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Stores at Ist April, 1928 .. .. .. 130 12 6 By Board and accommodation fees .. .. 2,513 18 6 Salaries and wages.. .. .. .. 807 11 6 Launch and boat hire .. .. .. 576 11 6 Purchase of stores .. .. •• 1,058 4 4 Miscellaneous receipts .. .. .. 187 6 7 Freight, electric energy, postages, &e. .. 758 1 6 Stores at 31st March, 1929 .. .. .. 99 2 4 Depreciation and writings-off .. .. 648 12 9 Balance .. .. .. .. .. 26 3 8 £3,403 2 7 • £3,403 2 7 £ s. d. £ s. d. To Balance .. .. .. •• 26 3 8 By Net loss, to Income and Expenditure Account 1,058 12 5 Head Office expenses .. .. .. 194 9 6 Interest on capital .. .. .. 837 19 3 £1,058 12 5 £1,058 12 5 MORERE HOT SPRINGS. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Or. £ e . d. To Salaries and wages.. .. .. .. 256 5 4 By Receipts .. .. ... .. .. 629 11 9 Purchase of stores, freight, repairs, &c. .. 139 9 11 Depreciation and writings-off .. .. 106 14 1 Balance carried down .. .. .. 127 2 5 £629 11 9 £629 11 9 £ s. d, £ B . d. To Head Office expenses .. .. .. 58 7 4 By Balance .. .. .. .. .. 127 2 5 Interest on capital .. .. .. 178 7 2 Net loss, to Income and Expenditure Account 109 12 1 £236 14 6 £236 14 6

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TOURIST AND HEALTH RESORTS DEPARTMENT—continued. MOUNT COOK HERMITAGE. Working Account for the Year ended 31st March, 1929. Dr. £ a. d. Cr. £ s. d. To depreciation .. .. .. .. 766 12 6 By Rent .. .. .. .. .. 1,228 19 7 Interest on capital .. .. .. 2,056 211 Net loss, to Income and Expenditure Account. 1,593 15 10 £2,822 15 5 £2,822 15 5 QUEENSTOWN. Working Account for the Year ended 31st March, 1929. Dr. £ a. d. Cr. £ s. d. To Salaries and wages .. .. .. 763 010 By Receipts .. .. .. .. .. 303 4 0 Repairs, buildings, purchase stores, &c. .. 258 13 8 ' Balance carried down .. .. .. 758 17 2 Depreciation .. .. .. .. 40 6 8 £1,062 I 2 £1,062 1 2 £ s. d. £ s. d. To Balance .. .. .. .. 758 17 2 By Net loss, to Income and Expenditure Account.. 956 5 0 Head Office expenses .. .. .. 62 10 6 Interest on capital .. .. .. 134 17 4 £956 5 0 £956 5 0 TE ANAU STEAMER AND HOTEL. Working Account for the Year ended 31st March, 1929. Dr. £ a. d. Cr. £ s. d. To Part cost new engine for and repairs and altera- By Rent .. .. .. .. .. 284 0 10 tions to s.s. " Tawera " .. .. .. 783 12 3 Net loss, to Income and Expenditure Account.. 1,640 3 4 Depreciation .. .. .. .. 440 6 6 Interest on capital .. .. .. 700 5 5 £1,924 4 2 £1,924 4 2 GLADE HOUSE AND MILFORD TRACK. Working Account for the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Stores at Ist April, 1928 .. .. .. 1,119 15 9 By Board and accommodation fees .. .. 3,213 411 Salaries and wages .. .. .. 1,996 18 9 Launch and boat hire .. .. .. 585 4 3 Purchase of stores .. .. .. 2,829 8 5 Miscellaneous receipts .. .. .. 246 6 11 Freight, cartage, repairs, &c. .. .. 960 4 3 Stores on hand at 31st March, 1929 .. 1,359 14 0 Depreciation and writings-off .. .. 1,101 18 8 Balance carried down .. .. .. 2,603 15 9 £8,008 5 10 £8,008 5 10 £ s. d. £ s. d. To Balance .. .. .. .. 2,603 15 9 By Net loss, to Income and Expenditure Account.. 3,515 15 9 Head Office expenses .. .. .. 274 4 0 Interest on capital .. .. .. 637 16 0 £3,515 15 9 £3,515 15 9 PASSENGER-BOOKING. Working Account for the Year ended 31st March, 1929. Dr. Cr. To Net loss — £ s. d. By Net profit — £ s. d. Napier Bureau ~ .. .. .. 357 2 2 Auckland Bureau .. .. .. 295 15 5 Wanganui Bureau .. .. .. 479 11 2 Rotorua Bureau .. .. .. 158 17 11 Christchurch Bureau .. .. .. 52 6 3 Wellington Bureau .. .. .. 209 15 8 Lnvercargill Bureau .. .. .. 51 2 7 Duneclin Bureau .. .. .. 145 16 I Greymouth Bureau .. .. .. 319 6 0 Miscellaneous revenue .. .. .. 390 3 4 Nelson Bureau .. .. .. .. 212 14 2 Commission on Government orders .. .. 694 10 7 Miscellaneous expenses .. .. .. 33 4 3 Balance carried down .. .. .. 389 12 5 £1,894 19 0 £1,894 19 0 £ a. d. £ s. d. To Head Office expenses .. .. 1,109 19 2 By Balance .. .. .. .. ■. 389 12 5 Interest on capital .. .. .. 20 14 4 Net loss, to Income and Expenditure Account.. 741 1 1 £1,130 13 6 £1,130 13 6

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TOURIST AND HEALTH RESORTS DEPARTMENT —continued. SYDNEY AND MELBOURNE AGENCIES. Working Account foe the Year ended 31st March, 1929. Dr. £ s. d. Cr. £ s. d. To Salaries .. .. .. .. .. 2,119 5 0 By Net loss, to Income and Expenditure Account.. 3,943 15 5 Rent, printing and stationery, lighting, &c. .. 1,734 13 8 Depreciation .. .. .. .. 56 2 8 Interest on capital .. .. .. 33 14 1 £3,943 15 5 £3,943 15 5 ■ 11 MISCELLANEOUS RESERVES. Working Account for the Year ended 31st March, 1929. Dr. £ s, d. Or. £ s. dTo Salaries and wages .. .. .. 578 13 6 By Receipts .. .. .. .. 440 10 10 Repairs, purchase stores, &c. .. .. 599 17 5 Balance carried down .. .. .. 1,322 10 6 Depreciation .. .. .. .. 584 10 5 £1,763 1 4 £1,763 1 4 £ s. d. £ s. d. To Balance carried down .. .. .. 1,322 10 6 By Net loss, to Income and Expenditure Account : . 3,433 8 8 Head Office expenses .. .. .. 347 7 6 Interest on capital .. .. .. 1,763 10 8 £3,433 8 8 £3,433 8 8 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Capital .. .. .. .. .. 579,800 13 10 Land .. .. .. .. 182,366 14 2 Creditors — £ s. d. Buildings .. .. .. 181,455 14 7 Departmental .. .. 1,823 5 3 Less writings off in Suspense 113 0 0 Sundry .. .. .. 7,804 11 2 181.342 14 7 9,627 16 5 Stores .. .. .. 7,216 9 5 Treasury Adjustment Account .. .. 20,857 18 8 Less writings-off in Suspense 38 910 Passenger-booking —Ticket-sales Account .. 13,639 18 1 7,177 19 7 Passenger-booking —Suspense Account .. 281 9 1 Motor-vehicles .. .. . . 906 2 3 Reserve for depreciation .. .. .. 56,331 2 6 Live-stock .. .. .. 720 2 4 Reserve for doubtful debts .. .. .. 347 6 2 Less writings-off in Suspense 54 10 5 665 11 11 Furniture and fittings .. 29,036 8 2 Less writings-off in SusDense 780 14 2 28,255 14 0 Debtors— Departmental .. .. 3,266 19 9 Sundry .. .. .. 8,335 3 1 11,602 2 10 Water and drainage systems .. .. 98,908 7 1 Rotorua electric-system—Land, buildings, transmission-line, &c. .. 49,725 14 9 Plant and machinery .. 6,789 0 9 Less writings-off in Suspense 21 13 11 6,767 6 10 Wharves and beacons .. .. 7,394 19 7 Electric systems at hostels .. .. 19,362 16 5 Steamers, launches, and boats .. 11,557 19 2 Less writings-off in Suspense 115 3 8 11,442 15 6 Bridges .. .. .. .. 6,352 11 8 Garden implements .. .. 674 13 3 Less writings-off in Suspense 3 7 2 671 6 1 National Development Account .. 5,249 12 3 Linen, cutlery, silverware, tools, &c. .. .. .. 9,509 17 10 Less writings-off in Suspense 648 15 7 8,861 2 3 Telephone-lines .. .. .. .. 2,213 8 3 Cash on deposit . . . . .. . . 864 5 7 Receiver-General's Deposit Account .. .. 4,500 0 0 Remittances in transit and outstanding balances at bureaux .. .. .. .. 5,788 19 2 Excess of expenditure over income .. .. 40,466 0 0 £680,886 4 9 £680,886 4 9 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 appropriations. 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 notes. —J. H. Fowler, Deputy Controller and Auditor-General.

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TREASURY DEPARTMENT. Income and Expenditure Account por the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Administrative charges— By Inscribed stock fees .. .. .. 1,034 14 6 Salaries .. .. .. .. 27,259 12 1 Pees—Stock transferred London to New Zealand 0 4 0 Office requisites, &c. .. .. .. 90 18 8 Balance carried down .. .. .. 94,639 12 0 Printing and stationery .. .. .. 3,974 9 8 Law-costs .. .. .. .. 14 6 6 Overtime, &c. .. .. .. .. 166 0 7 Postage, &e. .. .. .. .. 1,869 5 3 Telegrams beyond the Dominion .. .. 1,210 2 2 Telephone subscriptions .. .. .. 226 4 5 Travelling-expenses .. . . . . 453 11 7 Office expenses .. .. .. 21 18 7 Annual rental value of premises (a) .. 2,362 0 0 Rent Dunedin office .. .. .. 195 10 9 £ s. d. Bank exchange and commission 25,751 12 4 Less recoveries .. 1,226 13 10 24,524 18 6 Expenses of Local Government Loans Board.. 432 8 7 Refund unclaimed money .. .. .. 706 2 0 Refund unclaimed dividends, New Zealand consolidated stock .. .'. .. 105 11 8 Consolidated stock—Management charges .. 29,843 15 8 Consolidated stock—Stamp duty on transfers.. 1,829 18 6 Depreciation .. .. .. .. 371 10 3 Losses irrecoverable .. .. .. 16 5 1 £95,674 10 6 £95,674 10 6 £ s. d. £ s. d. To Balance brought down .. .. .. 94,639 12 0 By Recoveries on account of expenditure of preInterest on capital (6) .. .. .. 193 5 2 vious years .. . . .. .. 10 9 0 Excess of expenditure over income .. .. 94,822 8 2 £94,832 17 2 £94,832 17 2 Note.—The following are included for which the Department has not obtained parliamentary appropriation : («) Rental value as assessed by the Public Works Department; lb) interest at 4J per cent, on capital as at Ist April, 192-S. Depreciation has been allowed for on balances of assets as at Ist April, 1928, the total charge being carried to Depreciation Reserve. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. £ s. dCapital as at Ist April, 1928 .. .. .. 4,294 13 3 Office furniture, fittings, and equipCreditors— £ s. d. ment .. .. .. 2,152 13 1 Departmental .. .. 639 7 1 Less provisionally written off .. 13 5 1 Sundry .. .. .. 550 6 11 2,139 8 0 1,189 14 0 Mechanical appliances .. .. 2,059 6 5 Depreciation Reserve .. .. .. 1,764 3 0 Less provisionally written off .. 3 0 0 Treasury Adjustment Account .. .. 92,109 3 11 2,056 6 5 Library .. .. .. .. .. 101 17 2 Stock of stamps .. .. .. .. 13 16 0 Expenses paid in advance .. .. .. 10 4 7 Debtors— Departmental .. .. 166 1 6 I Sundry .. .. .. 47 12 4 J 213 13 10 I Excess of expenditure over income .. .. 94,822 8 2 £99,357 14 2 j £99,357 14 2 A. D. Park, F.1.A.N.Z., F.R.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, subject to the above departmental note. —6. F. C. Campbell, Controller and Auditor-General.

B. -1 [PT. IV].

192

VALUATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Advertising, books, newspapers, and other publi- By Fees charged for valuers' reports .. .. 17,630 D 9 cations .. .. .. .. 118 18 10 Scale fees for State Advances reports .. 11,338 18 9 Assessment Court expenses .. .. .. 588 7 5 Fees charged for certified copies of existing roll Compensation to widow of officer .. .. 1,050 0 0 values . . . .. .. 2,034 19 6 Depreciation on office furniture and maps .. 1,331 0 6 Contributions from — Fees to valuers .. .. .. .. 18,736 7 7 Local bodies — Freight, cartage, and transport charges .. 12 13 9 Ordinary services .. .. .. 12,520 18 8 Fuel, light, power, and water .. .. 13 16 3 Special services .. .. .. 1,156 11 0 Law-costs .. .. .. .. 6 5 0 Land and Income Tax Department .. 13,718 2 5 Loss on stores worn out or disposed of .. 6 12 4 State Advances Office, for agency work .. 1,250 0 0 Maps, tracings, and schedules of land trans- Levying and collecting hospital rates in Sounds actions .. .. .. .. 231 9 3 and Taupo Counties, and in Waiheke Island.. 26 6 11 ' Office expenses .. .. .. .. 381 8 4 Profit on property sold . . .. .. 0 4 6 Overtime and meal allowances .. .. 512 6 Balance (exclusive of interest) . . .. 10,698 6 3 Payment to Post and Telegraph Department . . 100 0 0 Post and Telegraph Department—Damage to hired car .. .. .. .. 187 18 5 Postages, telegrams, and rent of post-office boxes 637 7 2 Printing and stationery .. .. .. 1,190 16 6 Rent .. .. .. 2,516 0 0 Salaries .. .. .. .. .. 36,740 7 1 Telephone services .. .. .. 427 3 0 Transfer and removal expenses . . .. 70 7 2 Travelling allowances and expenses .. 5,984 5 5 Typewriter repairs .. .. .. 38 1 3 £70,374 17 9 £70,374 17 9 £ s. d. £ s. d. To Balance brought down, exclusive of interest .. 10,698 6 3 By Balance after charging interest .. .. 11,723 II 3 Interest .. .. .. .. 1,025 5 0 £11,723 11 3 £11,723 11 3 Note. —The accounts include charges against the Department for rent and interest for which the Department possesses no parliamentary appropriat'on. Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 22,783 6 1 Furniture and fittings .. .. .. 2,522 18 3 Creditors — Mechanical office appliances .. .. .. 1,405 10 1 Departmental .. .. .. .. 336 16 II Stationery .. .. .. .. .. 685 611 Sundry .. .. .. .. .. 1,441 5 5 Maps .. .. .. .. .. 19,969 15 9 State Advances scale fees prepaid .. .. 2,277 8 9 Debtors— Payments in advance .. .. .. .. 25 18 6 Local bodies .. .. .. .. 8,788 4 5 Reserves — Land and Income Tax Department .. ..13,718 2 5 Depreciation .. .. .. .. 5,946 11 2 Departmental .. .. .. .. 702 9 11 Bad debts . . .. .. .. .. 45 0 7 Sundry .. .. .. . . .. 489 17 6 Amounts held on deposit— ' Deposit Account — Hospitals and Charitable Institutions Act, 1926. . 0 15 2 Hospitals and Charitable Institutions Act, 1926.. 0 15 2 Writings off Suspense Account .. .. .. 5 5 0 Excess of expenditure over income .. .. 11,723 11 3 Treasury Adjustment Account .. .. .. 27,144 4 1 £60,006 11 8 £60,006 11 8 Thos. 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 notes. —G. F. C. Campbell, Controller and Auditor-General.

193

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WAIHOU AND OHINEMURI RIVERS IMPROVEMENT ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. Income. To Interest for 1928-29— £ s. d. By Contributions from— £ s. d. £ s. d. First loan (£150,000) .. .. .. 6,170 10 11 Gold-mining companies .. 1,452 12 11 Second and subsequent loans and transfers 20,698 19 6 Gold duty .. .. 4,357 19 0 Maintenance of completed works .. .. 2,465 17 10 Consolidated Fund .. 1,452 12 11 7,263 4 10 Rents from cottages and royalties from sale of sand .. .. . . .. 316 5 7 Interest credited for 1928-29 on investments in Public Debt Redemption Fund .. 166 9 1 Balance, being deficiency for the year, carried down.. .. .. .. .. 21,589 8 9 £29,335 8 3 £29,335 8 3 £ s. d. £ s. d. To Accumulated rieficiency to 31st March, 1928 .. 82,563 611 By Balance carried forward .. .. .. 104,152 15 8 Deficiency for 1928-29 .. .. .. 21,589 8 9 £104,152 15 8 J £104,152 15 8 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. Loan liability— £ s. d. £ s. d. Land purchase and compensation .. .. 3,388 18 4 Waihou and Ohinemuri Rivers Fencing .. .. .. .. .. 3,445 010 Improvement Act, 1910 .. 150,000 0 0 Clearing and destroying willows .. .. 50,769 15 5 Waihou and Ohinemuri Rivers Moving of houses .. .. .. .. 3,924 10 6 Improvement Act, 1910, and Flood-gates .. .. .. .. 40,037 5 1 Finance Act, 1919, section 6 150,000 0 0 Interior drainage .. .. .. .. 48,952 2 7 Waihou and Ohinemuri Rivers Canals .. .. .. .. .. 11,789 13 8 Improvement Act, 1910, and Bridges .. .. .. .. .. 8,458 11 9 Finance Act, 1922, section 16 150,000 0 0 Stop-bank formation .. .. .. 407,710 15 5 Waihou and Ohinemuri Rivers Surveys, engineering investigations, &c. .. 20,827 15 5 Improvement Act, 1910, and Gauges .. .. .. .. .. 2,011 2 7 Finance Act, 1924, section 6 150,000 0 0 Slips, groynes, and dredging at wharves .. 3,029 0 0 Waihou and Ohinemuri Rivers Wharves and goods-sheds .. .. .. 9,927 5 7 Improvement Act, 1910, and Stores and tools on hand .. .. .. 4,773 7 1 Finance Act, 1926, section 7 70,000 0 0 Buildings and accommodation .. .. 1,016 10 0 670,000 0 0 £ s. d. Liability to Consolidated Fund Plant .. .. .. 51,214 7 0 for unrecouped expenditure— Less depreciation charged to First loan—interest .. .. 20,034 18 10 works .. .. .. 23,439 7 0 ' Second and subsequent loans— 27,775 0 0 Interest .. .. .. 95,508 2 0 Pontoons .. .. .. .. .. 2,381 10 0 Sinking fund. .. .. 1,612 10 8 Maintenance during construction .. .. 3,936 18 10 Maintenance of completed works 4,033 8 7 Contribution towards Criterion and Ohinemuri 121,189 0 1 Bridges and Paeroa station-yard .. .. 11,480 0 0 Sundry creditors— Workß, &c. .. .. .. 7,911 12 8 665,635 3 1 Accrued interest .. .. 4,440 3 7 Advance to Waihi Borough (Finance Act. 1923, 12,351 16 3 section 10) .. .. .. .. 1,997 7 9 Sinking fund reserves— Debtors for contributions towards First loan .. .. .. 3,304 0 4 interest, sinking fund, and Second and subsequent loans .. 1,612 10 8 maintenance— £ s. d. ■ 4,916 11 0 Gold-mining companies .. 1,452 12 11 Gold duty .. .. .. 14,235 11 9 Consolidated Fund .. .. 1,452 12 11 17,140 17 7 Sundry debtors—Miscellaneous .. .. 1,684 4 4 Investments, Public Debt Redemption Fund — First loan .. .. .. 3,304 0 4 Second and subsequent loans .. 1,612 10 8 4,916 11 0 Interest credited .. .. 1,023 16 7 5,940 7 7 Cash balance in Public Account .. .. 11, 906 11 4 Income and Expenditure Account —Accumlated deficiency on interest, sinking fund, and maintenance charges to 31st March, 1929 .. .. 104,152 15 8 £808,457 7 4 £808,457 7 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 deficiency in contributions towards expenditure has not been met by levying a rate as required by section 17, subsection 4 (d), Waihou and Ohinemuri Rivers Improvement Act, 1910.— G. P. C. Campbell, Controller and. Auditor-General.

25—8. 1 [PT. IV],

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194

WESTPORT HARBOUR ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Income. £ s. d. To Dredging .. .. .. .. 30,450 12 6 By Special coal rate .. .. .. .. 30,238 18 2 Harbour-maintenance .. .. .. 3,767 6 4 Endowment revenue .. .. .. 22,258 12 3 Working-expenses of tug and launch .. 1,172 13 6 Port dues .. .. .. .. 9,033 19 1 Office administration .. .. .. 2,076 0 2 Sale of surplus stores .. .. .. 264 7 8 Endowments—Administration expenses .. 642 3 2 Interest on investments .. .. .. 2,342 7 8 Audit fees .. .. .. .. 1740 Hire of plant .. .. .. .. 6 0 0 Telephone services .. .. .. 67 15 4 Rent .. .. .. .. .. 66 18 8 Compensation for accidents .. .. 45 10 9 Miscellaneous receipts .. .. .. 3 2 0 Retiring-allowances .. .. .. 93 5 0 Balance carried down .. .. .. 539 14 7 Superannuation subsidy .. .. .. 125 4 4 Travelling-expenses .. .. .. 11 15 10 Grant to School of Mines .. .. .. 25 0 0 Depreciation .. .. .. .. 3,017 1 0 Interest on loans .. .. .. .. 23,242 8 2 £64,754 0 1 £64,754 0 1 £ s. d. To Balance brought down .. .. .. 539 14 7 By Transfer from Harbour Maintenance Reserve £ s. d. Transfer to sinking fund .. .. .. 4,117 12 11 to meet abnormal expenditure on dredging during the year .. .. .. 4,657 7 6 £4,657 7 6 £4,657 7 6 Balance-sheet as at 31st March, 1929. Liabilities. AsseU. £ s. d. Loan capital— £ s. d. £ s. d. Eastern breakwater .. .. .. .. 202,142 0 0 Westport Harbour Board Act, Western breakwater .. .. .. ... 1.63,545 0 0 1884 .. .. .. 58 16 6 Training-walls .. .. .. .. 102,998 0 0 Westport Harbour Board Act, Limestone quarry .. .. .. .. 128 0 0 1884, and Loan Acts, 1896, Protective-works and relief channel .. .. 17,384 9 0 1897, and 1900 .. .. 294,117 12 11 Gridiron .. .. .. .. .. 2,196 0 0 Westport Harbour Board Loan Dredge wharf .. .. .. .. 2,790 0 0 Act, 1908 .. .. 117,647 1 2 Martin's Island .. .. .. .. 700 0 0 Finance Act, 1921, section 4 76,884 16 1 Harbour buildings .. .. .. .. 4,619 0 0 — 488,708 6 8 Dredges, tug " Mana," &c. .. .. .. 25,395 15 2 Reserve Account .. .. .. .. 23,754 6 2 Stock and stores .. .. .. .. 5,194 2 0 Sinking Fund Reserve .. .. .. 140,295 9 9 Payments in advance .. .. .. 283 6 3 Depreciation Reserve .. .. .. 24,124 610 Debtors — £ s. d. Harbour Maintenance Reserve .. .. 11,261 8 4 Accrued interest .. .. 324 1 5 Payments in advance .. .. .. 447 19 0 Accrued revenue .. .. 3,091 8 6 Creditors — £ s. d. Departmental .. .. 4 7 2 Interest on debentures .. 282 7 1 Sundry .. .. .. 3,999 0 6 Accrued interest.. .. 3,577 14 11 7,418 17 7 Departmental .. .. 571 11 9 Sinking fund investments .. .. .. 140,295 9 9 Sundry.. .. .. 1,473 2 1 Temporary investments .. .. .. 13,500 0 0 5,904 15 10 Cash — £ s. d. In Public Account.. .. 5,771 16 3 In Imprest Account .. 76 0 1 With High Commissioner, London .. .. 58 16 6 5,906 12 10 £694,496 12 7 £694,496 12 7 G. C. Godfrey, Secretary. J. E. Engel, A.R.A.X./.., 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. —J. H. Fowler, Deputy Controller and Auditor-General.

195

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LEGISLATIVE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1929. Expenditure. £ s. d. Jvcome. £ s. d. To Honoraria of members and officers .. .. 47,289 510 By Sale of publications .. .. .. 4,715 15 8 Salaries .. .. .. .. .. 30,359 8 9 Balance carried down .. .. .. 176,526 7 8 Cleaning, &c. .. .. .. .. 2,849 14 10 Fuel, light, &c. .. .. .. 2,440 11 4 Laundry .. .. .. .. 78 15 0 Maintenance of grounds .. .. .. 188 8 9 Newspapers .. .. .. .. 166 13 6 Postages, telegrams, telephones, &c. .. 2,747 2 11 Postage stamps supplied to members .. 2,326 0 0 Printing and stationery .. .. .. 18,946 10 3 Rent of buildings .. .. .. 29,209 13 4 Repairs and maintenance, furniture and fittings 526 15 8 Repairs to typewriters .. .. .. 84 1 1 Railway concessions to and travelling-expenses of members .. .. .. .. 25,875 6 7 Uniforms .. .. .. .. 256 2 9 Annotation of statutes .. .. .. 193 17 6 Supply of statistical publications .. .. 366 7 6 Compilation and printing " Index to Laws of New Zealand" .. .. .. 125 10 3 Sundry accounts (refreshments, messengers, winding clocks, office equipment, &c.) .. 400 I 2 Depreciation on furniture, fittings, library, &c. 6,835 12 0 Bellamy's—- ~ £ s. d. Salaries .. .. .. 6,353 210 Cleaning, &c. .. .. 320 0 0 Fuel and light .. .. 700 0 0 Laundry .. .. .. 251 7 4 Printing and stationery .. 70 0 0 Rent .. .. .. 1,000 0 0 Stores consumed, uniforms, &c. 331 3 8 Maintenance of staff .. 605 16 0 Loss of shortages and breakages of crockery, &c. .. .. 215 10 0 Depreciation on furniture and fittings .. .. .. 129 4 6 9,976 4 4 £181,242 3 4 j £181,242 3 4 £ s. d. £ s. d. To Balance brought down .. .. .. 176,526 7 8 By Excess of expenditure over income after Interest on capital as at Ist April, charging interest on capital .. .. 182,206 15 10 1928— £ s. d. Legislative .. .. 5,448 11 2 Bellamy's .. .. .. 231 17 0 5,680 8 2 £182,206 15 10 £182,206 15 10 1 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : Rental value as assessed by the Public Works Department; interest at 4J per cent, on capital as at Ist April, 1928. Balance-sheet as at 31st March, 1929. Liabilities. \ Assets. Capital, Ist April, 1928— £ s. d. £ s. d. Bellamy's— £ s. d. £ s. d. Legislative .. .. .. 121,099 2 0 Crockery, &c. .. .. 3,545 9 6 Bellamy's .. .. .. 5,203 611 i Consumable goods .. .. 123 19 4 126,302 8 11 3,669 8 10 Sundry creditors — Furniture and fittings — Departmental .. .. 4,011 15 10 Legislative .. .. ..30,359 19 3 Sundry .. .. .. 252 16 9 Bellamy's .. .. .. 1,723 0 6 4,264 12 7 32,082 19 9 Depreciation Reserve — Mechanical appliances .. .. .. 1,386 18 9 General Assembly Library .. 35,071 7 6 General Assembly Library .. .. .. 83,354 2 4 Legislative .. .. .. 10,996 7 1 Books of reference .. .. .. .. 8,976 4 6 Bellamy's .. .. .. 516 18 0 Publications at Printing Office .. .. 503 18 4 46,584 12 7 Stock of Statutes and Appendices at Printing Office 100 0 0 Writings-oif in Suspense ' .. .. 215 10 0 Stationery in stock .. .. .. .. 304 14 11 Treasury Adjustment Account .. .. 138,172 15 5 Copies of "Index to the Laws of New Zealand" at Government Printing Office .. .. 136 0 3 Payments in advance .. .. .. 25 0 0 Sundry debtors, departmental.. .. .. 2,578 6 0 Assets in Suspense .. .. .. .. 215 10 0 Balance of Income and Expenditure Account .. 182,206 15 10 £315,539 19 6 £315,539 19 6 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 note. —J. H. Fowler, Deputy Controller and Auditor-General.

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AGRICULTURE DEPARTMENT. MOUMAHAKI ENDOWMENT DEPOSIT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. dTo Balance —Cash in Deposit Ac- By Administration expenses .. .. .. 82 3 0 count at Ist April, 1928 — £ s. d. Expenditure in connection with agricultural Revenue .. .. .. 2,178 17 11 instruction under section 130 (3), Reserves, Capital .. .. .. 733 1 4 &c„ Act, 1924 .. .. .. .. 2,002 4 5 2,911 19 3 Balance —Cash in Deposit Account Rents .. .. .. .. ..1,642 19 10 at 31st March, 1929— £ s. d. Buildings instalment principal .. .. 87 19 6 Revenue .. .. .. 1,737 10 4 Capital .. .. .. 821 010 2,558 11 2 £4,642 18 7 £4,642 18 7 Revenue Account for the Year ended 31st March, 1929. Hxpendit'ire. £ s. d. Income. £ s. d. By Administration expenses, paid under section 4, To Balance brought forward, Ist April, 1928 .. 2,727 1 2 Land Laws Amendment Act, 1927 .. 82 3 0 Accrued rent, &e. .. .. .. .. 1,543 15 3 Expenditure in connection with agricultural instruction under section 130 (3), Reserves, &c„ Act, 1924 .. .. .. .. 2,080 8 4 Balance carried forward .. .. .. 2,108 5 1 £4,270 16 5 £4,270 16 5 Balance-sheet as at 31st March, 1929. liabilities. £ s. d. [ Assets. £ s. d. Capital .. .. .. .. .. 36,247 14 8 Land —Capital value of leases .. .. 33,780 0 0 Sundry creditors —Miscellaneous .. .. 59 7 8 Buildings .. .. .. .. .. 1,646 13 10 Sundry creditors —Government .. .. 849 211 Transport—Motor-cars .. .. .. 661 3 3 Rents charged in advance .. .. .. 365 0 0 Sundry debtors for rents .. .. .. 977 6 4 Revenue Account .. .. .. .. 2,108 5 1 Sundry debtors —Government.. .. .. 515 9 Cash in Treasury Deposit Account at 31st March, 1929 — £ s. d. Revenue .. .. .. 1,737 10 4 Capital .. .. .. 821 0 10 2,558 11 2 £39,629 10 4 £39,629 10 4 T. G. Gilbert, Accountant. 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. —G. F. C. Campbell, Controller and Auditor-General. LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. | Cr. £ s. d. To Administration expenses .. .. .. 9,728 13 5 By Rents, &c. .. .. .. .. 414,441 5 6 Charges and expenses of raising loans .. 2 9 0 Interest on sales.. .. .. .. 16,965 311 Depreciation of plant .. .. .. 196 1 0 Interest on capital expendiInsurance premiums, &c. .. .. .. 7 11 4 ture — £ s. d. Interest on loans .. .. .. 313,812 14 4 Hutt Valley .. .. 9,452 8 3 Interest under section 13, Land Laws Amend- ; Te Wera .. .. 4,301 1 4 ment Act, 1926 .. .. .. 67,533 14 1 ! 13,753 9 7 Interest under section 208, Land Act, 1924.. 242 3 3 1 Interest on investments .. .. .. 12,238 13 10 Irrecoverable rents, &c., transferred to Interest on investments in Public Debt ReSuspense Account .. .. .. 10,625 411 demption Fund .. .. .. 48,908 5 8 Management charges on New Zealand con- Miscellaneous .. .. .. . . 182 11 9 solidated stock .. .. .. 324 7 5 Rebates, rents, and interest .. .. 35,261 10 10 Remissions of rents, &c. .. .. .. 5,378 15 9 Remissions and rents written off under Deteriorated Lands Act, 1925 .. .. 3,625 19 7 Remissions and rents written off by Revaluation Board .. .. .. .. 4,793 1 0 Stamp duty on transfers of consolidated stock 6 11 7 Land-for-settlements vote expenses— £ s. d. Audit fees .. .. 45 0 0 Access and improvements to settlements .. .. 543 10 0 Preliminary expenses .. 40 13 0 Salaries .. .. 1,000 0 0 Travelling-expenses .. 157 18 0 1,787 1 0 Balance carried down .. .. .. 53,163 11 3 £506,489 10 3 £506,489 10 3 £ s. d. £ s. d. To Adjustment on account of previous years .. 36 0 0 By Balance brought down .. .. .. 53,163 11 3 Balance transferred to Reserve Account .. 53,127 11 3 £53,163 11 3 £53,163 11 3

197

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LAND FOR SETTLEMENTS ACCOUNT—continued Balance-sheet as at 31st March, 1929. Liabilities. A ssets. Capital— £ s. d. £ s. d. Land— £ s. d. £ s. d. Loan Account .. .. 8,168,965 14 1 Leased .. .. 8,484,501 8 4 Crown land included in Unleased .. .. 214,258 5 5 estates .. .. 208,428 0 0 8,698,751)13 9 Sales of Crown lands .. 2,014,959 13 4 Unpaid purchase price (not yet payable)— 10,392,353 7 5 Buildings .. .. 74,895 18 10 Less amount expended in Sales of settlement land .. 415,008 15 8 opening up land for Sales of Crown land .. 277,691 14 3 settlement .. .. 647,528 1 5 767,596 8 9 9,744,825 6 0 Hutt Valley estates — Deposits by lessees of Crown land under sec- Purchases .. .. 162,812 17 1 tion 208, Land Act, 1924 .. .. 7,853 0 3 Roading and incidental Sundry creditors — expenses .. .. 175,927 10 2 Interest on loans— £ s. d. Interest .. .. 36,226 7 5 Due and unpaid .. 1,036 0 0 Accrued but not due .. 64,917 9 3 374,966 14 8 Less receipts, section 11 65,953 9 3 (2) (a), Hutt Valley Interest under section 13, Land Settlement Act, Land Laws Amendment 1925 .. .. 193,866 11 5 Act, 1926 .. .. 7,533 14 1 181,100 3 3 Departmental .. .. 1,165 17 1 Te Wera Estate —Stock, implements, &c. .. 18,881 14 1 Miscellaneous .. .. 940 3 11 Plant and machinery .. .. .. 3,872 10 0 75,593 4 4 Furniture .. .. .. .. 27 0 0 Payments in advance— Mechanical office appliances .. .. 23 0 0 Insurance premiums .. 10 2 Sundry debtors— £ s. d. Interest on sales of Crown Rents, &c. .. .. 74,855 14 7 land .. .. 17 1 8 Less reserve .. .. 2,500 0 0 Interest on sales of settlement land .. .. 483 8 2 72,355 14 7 Rents .. .. 4,285 18 4 Interest on sales of Crown Principal instalments on land .. .. 981 18 3 buildings .. .. 160 2 8 Interest on sales of settlePrincipal instalments on ment land .. .. 2,905 12 9 sales of Crown land .. 1,891 0 5 Principal instalments on Principal instalments on buildings .. .. 2,967 2 .1 sales of settlement land 2,384 2 5 Principal instalments on 9,222 13 10 sales of Crown land .. 7,180 7 6 Amount held under Reserves and other Lands Principal instalments on Disposal Act, .1927, section 25 (2) —Turakina sales of settlement land 5,067 13 6 Domain .. .. .. .. 317 3 1 Departmental .. .. 3,319 8 1 Rents, &c., charged in advance .. .. 105,256 11 5 Miscellaneous .. .. 3,172 9 6 Depreciation—Reserve, plant, &c. 1,372 10 6 97,950 6 3 Reserve Account, including unexpended load- Postponements .. .. .. 56,501 3 4 ing for roads .. .. .. .. 1,277,640 8 6 Interest accrued but not due— Writings-off in Suspense .. .. .. 7,541 15 4 Investments .. .. 3,447 1 2 Accumulated revaluation losses written off under Licenses under deferredsection 22, Finance Act, 1927 (No. 2), by payment system .. 5,382 10 1 discharge of liabilities— 8,829 11 3 Interest due on liability to Outstanding rents, &c., Suspense .. .. 7,541 15 4 Consolidated Fund for £ s. d. Accumulated revaluation losses written off loans redeemed .. 32,688 0 0 under section 22, Finance Act, 1927 (No. 2), Consolidated Fund, for as per contra .. .. .. .. 808,185 0 1 loans redeemed .. 1.15,900 0 0 Investment in Public Debt Redemption Fund 1,091,724 16 0 Reserve .. .. 659,597 0 1 £ s. d. 808,1.85 0 1 Cash in Public Account .. 32,752 0 3 Imprests outstanding .. 1,512 11 0 Investments Account .. 262,550 0 0 296,814 11 3 £12,037,807 13 4 £12,037,807 13 4 ,T. 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 : (1) The Reserve Account (£1,277,640 Bs. 6d.) should be dissected to show its composition; (2) the charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (b) of the Land Laws Amendment Act, 1927. Under section 17 (5) (6) of the Land Laws Amendment Act, 1927, the capital liability has been reduced by the net amount expended on opening up Crown lands, which sum is not specifically shown as a liability ill any other account. —G-. F. C. Campbell, Controller and Auditor-General.

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LANDS AND SURVEY DEPARTMENT. PRIMARY EDUCATION ENDOWMENT.—DEPOSIT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d" To Balance in Deposit Account, Ist April, 1928 16,152 17 10 By Payments for primary-education purposes .. 116,396 410 Rents under section 30, Education Reserves Purchases under section 27, Education ReAct, 1928 .. .. .. 120,557 19 5 serves Act, 1928 .. .. .. 5,000 0 0 Sales under section 27, Education Reserves Administration expenses .. .. .. 3,826 7 11 Act, 1928 .. . . .. .. 452 2 8 Maintenance and repairs .. .. .. 582 12 1 Interest on cash and investments held by Survey costs, &c. .. .. .. 401 13 0 Public Trustee .. .. .. 1,159 5 10 Refunds of revenue .. .. .. 540 9 5 Interest on investments .... .. 30 2 0 £ s. d. Cash in Deposit Account .. 605 0 6 Investment Account .. 11,000 0 0 11,605 0 6 £138,352 7 9 £138,352 7 9 Revenue Account for the Year ended 31st March, 1929. Dr. £ s. d. Gr. £ s. dTo Interest under section 20, Discharged Soldiers By Accrued rents, &c. .. .. 119,232 15 9 Settlement Amendment Act, 1923 .. 24 16 8 Interest on cash and investments held by rents .. .. .. 602 14 5 Public Trustee .. .. .. 1,167 16 4 Administration expenses .. .. .. 6,060 8 2 Interest on investments .. .. .. 210 1 2 Survey costs .. .. .. .. 401 13 0 Balance .. .. .. .. 5,599 10 5 Maintenance and repairs .. .. . . 399 I 8 Remissions of rent .. .. .. 538 15 4 Remissions and rents written off under the Deteriorated Lands Act, 1925 .. .. 1,462 16 6 Payments for primary-education purposes .. 116,396 410 Balance from previous year .. .. 323 13 1 £126,210 3 8 £126,210 3 8 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Capital, including loading for roads, &c. .. 2,248,516 15 1 Endowment lands — £ s. d. £ s. d. Less capital losses under section 22, Finance Leased .. .. 2,304,990 111 Act, 1927 (No. 2) .. .. .. 4,045 16 8 Unleased .. .. 71.804 10 0 2,376,794 11 11 2,244,470 18 5 Unpaid purchase price (not Appreciation in land-values .. .. 169,729 8 9 yet payable)— Public Works Fund —Roading (section 17, Land Land .. .. .. 333 6 8 Laws Amendment Act, 1927) .. .. 139 16 4 Buildings .. .. 4,976 12 9 Discharged Soldiers Settlement Account—Merged 5,309 19 5 interests under section 20, Discharged Soldiers Sundry debtors for — Settlement Amendment Act, 1923 .. .. 518 7 5 Rents .. .. .. 16,632 14 3 Sundry creditors — £ s. d. Less reserve for irrecoverAdministration expenses .. 2,180 7 2 able rents .. .. 200 0 0 Miscellaneous .. .. 122 12 0 2,302 19 2 16,432 14 3 Principal instalments under section 20, Dis- Royalties .. .. 8 6 0 charged Soldiers Settlement Amendment Act. Principal instalments on 1923 .. .. .. .. .. 21 8 2 buildings .. .. 21 7 2 Interest under section 20, Discharged Soldiers Principal instalments on Settlement Amendment Act, 1923 .. .. 21 16 4 sales .. .. 10 0 0 Payments in advance — £ s. d. Interest on cash and in vestRents, &e. .. .. 1.949 18 10 ments .. .. 14 12 6 Sales .. .. .. 7 0 0 16,486 19 11 1,956 18 10 Postponed rent .. .. .. .. 4,845 13 0 Rents, &c., charged in advance .. .. 23,548 311 Interest accrued but not due on investments .. 210 7 1 Writings-off in Suspense .. .. .. 182 12 6 Losses in Suspense.. .. .. .. 182 12 0 Revenue Account—Balance.. .. .. 5,599 10 5 Investments held by Public Trustee .. .. 2,050 0 0 Cash held by Public Trustee .. .. 19,807 15 1 £ s. d. Cash in Deposit Account .. 605 0 6 Investment Account .. 11,000 0 0 11,605 0 6 £2,442,892 9 10 £2,442,892 9 10 j. P. Thomson, 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : The amount of Capital Account representing the expenditure on roads, &c., made from the Opening-up Crown Lands Account prior to the Ist April, 1928, should be separately shown, as under section 17 (5) (b) of the Land Laws Amendment Act, 1927, the capital of the Land for Settlements Account is reduced thereby, and no other account specifically shows the liability therefor. — G. F. C. Campbell, Controller and Auditor-General.

199

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LANDS AND SURVEY DEPARTMENT—continued. SECONDARY EDUCATION ENDOWMENT.—DEPOSIT ACCOUNT. Receipts and Payments Account eor the Yeab ended 31st March, 1929. Receipts. £ s. d. Payments. £ s. d. To Balance in Deposit Account, Ist April, 1928 .. 4,401 14 1 By Payments to secondary schools .. .. 9,275 11 8 Rents under section 30, Education Reserves Administration expenses .. .. . . 326 11 3 Act, 1928 .. .. .. .. 11,572 7 6 Maintenance and repairs .. .. .. 77 6 4 Sales under section 27, Education Reserves Rotorua College a.nd Grammar School .. 1,280 16 0 Act, 1928 .. .. . . .. 300 0 0 Refunds of revenue . . .. .. 15 6 6 Interest on investments held by Public Trustee 41 15 9 Survey costs .. .. .. .. 50 0 0 Interest on investments .. .. .. 0 3 8 Balance in Deposit Account, £ s. d. 31st March, 1929 .. 4,990 9 3 Investment Account . . 300 0 0 5,290 9 3 £16,316 1 0 £16,316 1 0 Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 597 6 9 By Accrued rent .. .. .. .. 11,611 17 5 Irrecoverable rents .. .. .. 28 3 11 ' Interest on cash held by Public Trustee .. 41 15 9 Remission of rent under Deteriorated Lands Interest on investments .. .. .. 514 7 Act, 1925 .. .. .. .. 4 0 0 Balance from previous year .. .. 4,485 7 6 Remissions of rent.. .. .. .. 5 5 6 Rotorua College and Grammar School .. 1,280 16 0 Survey costs, insurance premiums, &c. .. 127 6 4 Payments to secondary schools .. .. 9,275 11 8 Balance .. .. .. .. .. 4,826 5 1 £16,144 15 3 £16,144 15 3 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Capital, including loading for roads, &e. .. 183,297 310 Endowment land— £ s. d. £ s. d. Appreciation in land-values .. .. .. 42,466 18 3 Leased .. .. .. 217,289 13 2 Public Works Fund —Roading (section 17, Land ! Unleased .. . . .. 9,217 0 6 Laws Amendment Act, 1927) .. .. 359 18 0 226,506 13 8 Sundry creditors — £ s. d. . Sundry debtors for— Administration expenses .. 234 12 5 Rent .. .. .. 1,377 4 8 Rents paid in advance .. 87 5 5 Less reserve for irrecoverable 321 17 10 rents .. .. .. 25 0 0 Rotorua College and Grammar School .. .. 2,561 12 0 j — 1,352 4 8 Rents charged in advance .. .. .. 2,678 19 8 j Interest accrued but not due on investments .. 510 II Writings off Suspense Account .. .. 17 510 Overpayment to secondary schools .. .. 2,561 12 0 Revenue Account —Balance .. .. .. 4,826 5 1 Outstanding Rents Suspense .. .. .. 17 510 Cash held by Public Trustee .. .. .. 796 4 2 £ s. d. Cash in Deposit Account .. 4,990 9 3 Investment Account .. 300 0 0 — 5,290 9 3 £236,530 0 6 £236,530 0 6 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 relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : The amount of Capital Account representing the expenditure on roads, &c., made from the Opening-up Crown Lands Account prior to the Ist April, 1928, should be separately shown, as under section 17 (5) (b) of the Land Laws Amendment Act, 1927, the capital of the Land for Settlements Account is reduced thereby, and no other account specifically shows the liability therefor. — G. F. C. Campbell, Controller and Auditor-General.

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NATIONAL ENDOWMENT ACCOUNT. Revenue Account for the Yeab ended 31st Mabch, 1929. Dr. £ s. d. Cr. £ s. dTo Administration expenses .. .. .. 6,419 6 6 By Accrued coal rents, &c. . . .. .. 919 6 3 Deteriorated Lands Act, 1925— £ s. d. Accrued interest on sales of land .. .. 6,572 6 2 Remissions of rent .. .. 3,211 5 2 Accrued rents .. .. .. .. 130,058 13 3 Rents written off .. .. 4,682 1 5 Accrued royalties .. .. .. 6,806 18 10 7,893 6 7 j Interest on National Endowment £ s. d Dominion Revaluation Board— investments .. .. 2,593 11 4 Remissions of rent . . .. 254 16 6 Interest on National Endowment Rents written off .. .. 309 18 0 Trust investments .. .. 1,488 13 9 564 14 6 Interest on temporary transfe s Interest charges under section 20 (3), Discharged to other accounts .. .. 190 13 8 Soldiers Settlement Amendment Act, and j 4,272 18 9 section 20, Land Laws Amendment Act, 1927 379 4 0 Irrecoverable rents written off .. .. 1,512 0 2 Rebates .. .. .. .. 1,904 15 7 Remissions of rent .. .. .. 3,081 14 0 " Thirds," " fourths," and " halves " .. 7,039 15 3 Balance carried down .. .. .. 119,835 6 8 £148,630 3 3 £148,630 3 3 r r — £ S. d. £ s. d. By Balance brought down .. .. .. 119,835 6 8 To Contribution for education and old-age pensions 124,885 18 5 Balance from previous year .. .. 10,055 010 Balance carried forward .. .. .. 5,012 8 7 Recovery of amount written off in previous years .. .. .. .. .. 7 19 6 £129,898 7 0 £129,898 7 0 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. Capital Account .. .. .. .. 4,424,806 12 8 Land— £ s. d. £ s. d. Public Works Fund—Roading .. .. 239 8 4 Leased .. .. 3,667,143 18 6 Discharged Soldiers Settlement Account (sec- Unleased .. .. 675,330 5 2 tion 20, Discharged Soldiers Settlement 4,342,474 3 8 Amendment Act, 1923, and section 20, Buildings—Purchase price not yet due .. 1,078 4 5 Land Laws Amendment Act, 1927) — National Endowment Trust Account .. 90,410 6 9 £ s. d. Sundry debtors — £ s. d. Advances.. .. .. 7,679 1 6 Rents from National EnInstalment principal .. 108 18 0 dowment lands .. 41,345 19 8 Instalment interest .. 340 8 0 Less reserve .. .. 750 0 0 8,128 7 6 Buildings Suspense .. .. .. 70 5 5 40,595 19 8 Sundry creditors— Coal rents .. .. 855 18 9 Contribution for education Royalties .. .. 1,747 13 11 and old-age pensions .. 124,885 18 5 Interest on sales of nationalDepartmental .. .. 92 19 6 endowment land . . 187 1 0 Miscellaneous .. .. 447 5 7 Principal instalments on 125,426 3 6 buildings .. .. 34 17 8 Payments in advance — Royalties due from Forestry Rents .. .. .. 485 3 9 Department in terms of Interest .. .. .. 6 17 8 section 39 (2), Forests Royalties .. .. 6 0 8 Act, 1921-22 .. .. 7,070 15 4 498 2 1 Departmental .. .. 42 4 0 Overpaid rents in Suspense resulting from Miscellaneous .. . . 18 0 8 capital reductions under Deteriorated Lands 50,552 11 0 Act, 1926 .. .. .. .. 3,767 5 7 Postponed rents .. .. .. .. 5,716 1 7 Rents charged in advance .. .. .. 49,594 7 4 Losses in Suspense.. .. .. .. 579 4 0 Writings-off in Suspense .. .. .. 579 4 0 Accrued but not due — Revenue Account —Balance forward .. .. 5,012 8 7 Interest on sales.. .. 714 17 10 Interest on investments .. 1,207 11 11 Royalties . . .. 503 5 5 2,425 15 2 Cash — Public Account .. .. 50,835 18 5 Investment Account .. 74,050 0 0 124,885 18 5 £4,618,122 5 0 £4,618,122 5 0 25th July, 1929. J. H. O'Donnell, Controller of Accounts. J. B. Thomson, Under-Secretary for Lands. 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 comment is appended : The amount of Capital Account representing the expenditure on roads, &c., made from the Opening-up Crown Lands Account prior to the Ist April, 1928, should be separately shown, as under section 17(5) (b) of the Land Laws Amendment Act, 1927, the capital of the Land for Settlements Account is reduced thereby and. no other account specifically shows the liability therefor.—G-. F. C. Campbell, Controller and AuditorGeneral.

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