7

B.—l [Pt. Ill].

KAURI-GUM INDUSTRY. Statement of Accounts for the Year ended 31st March, 1921. Balance-sheet. Liabilities. £ s. d. Assets. £ s. d. Loan Account debentures issued under Land at face works and elsewhere, with Kauri-gum Industry Act, 1914 .. 53,000 0 0 buildings, fences, and improvements .. 5,223 15 6 Crown Land Account .. .. 500 0 0 Vacuum tank, fittings and plant, and Sundry creditors .. .. .. 2,149 12 9 royalty Short-workings Account .. 2,200 610 Interest on debentures .. .. 797 0 7 Plant and store fittings .. .. 327 7 2 Tools, Auckland and depots .. .. 67 6 4 Live and dead stock .. .. .. 62 9 3 Furniture and office fittings .. .. 127 15 2 Timber on hand .. .. .. 16 15 6 Sacks, gum-cases, and consumable stores on hand 564 17 8 Charges paid in advance .. .. 86 7 6 Gum on hand .. .. .. 34,042 8 1 Gum on consignment.. .. .. 2,171 19 10 Cash in hand .. .. .. 7,401 0 3 Profit and Loss Account .. .. 4,154 4 3 £56,446 13 4 £56,446 13 4 Receipts and Payments Account. Receipts. £ s. d. Payments. £ s. d. Cash in hand, Ist April, 1920 .. .. 16,322 10 6 Wages, &c., to workmen, overseers, and Sales of kauri-gum .. .. .. 39,214 9 2 gum-buyers .. .. .. 2,909 10 0 Interest on inscribed stock .. .. 313 14 0 Plant, machinery, stores, &c. .. .. 1,549 1.7 7 Purchases of kauri-gum .. .. 32,892 4 7 Freights, &c. .. .. .. 7,077 1 5 General and office expenses, administration, &c. .. .. ..... 1,900 19 10 Interest on loan debentures .. .. 2,120 0 0 Cash in hand, Treasury, 31st March, 1921 7,401 0 3 £55,850 13 8 £55,850 13 8 Loan Account. (Authority under Section 4 of the Kauri-gum Industry Amendment Act, 1914, £75,000.) 1921. £ s. d. 1920. £ s. d. March 31. To Balance forward .. 53,000 0 0 April 1. By Debentures issued under the Kauri-gum Industry Amendment Act, 1914 .. 53,000 0 0 £53,000 0 0 £53,000 0 0 Trading Account. £ s. d. £ s. d. To Gum on hand, Ist April, 1920 .. 20,981 3 5 By Gum on hand, 31st March, 1921 .. 34,042 8 1 Purchases of gum .. .. 33,065 410 Sales of gum .. .. .. 38,326 17 10 Wages .. .. .. .. 2,979 9 7 Gum sent on consignment .. .. 292 13 8 Freights .. .. .. .. 1,626 14 3 Balance, being gross profit to Profit and Loss Account .. .. 14,009 7 6 £72,661 19 7 £72,661 19 7 Profit and Loss Account. £ s. d. £ s. d. To Freights outward .. .. .. 3,155 10 7 By Trading Account .. .. .. 14,009 7 6 General expenses .. .. .. 262 9 6 Timber Account .. .. .. 117 6 Cables, &c. .. .. .. 91 15 10 Profits on consignments .. .. 408 15 7 Consumable stores .. .. 53 4 10 Sacks .. .. .. .. 725 4 10 Gum-cases .. .. .. 485 16 5 Fire insurance .. .. .. 149 6 5 Marine insurance .. .. .. 48 3 10 Printing and stationery .. .. 24 16 5 Travelling-expenses of Superintendent and staff .. .. .. 34 10 6 Rent .. .. .. .. 300 0 0 Salaries .. .. .. .. 675 0 0 Depreciation .. .. .. 141 10 0 Balance carried down. .. .. 8,272 11 5 £14,420 0 7 £14,420 0 7 £ s. d. £ b- d. To Balance on Ist April, 1921 .. .. 10,706 15 9 By Balance brought down .. .. 8,272 11 5 Interest on loan debentures ... 2,120 0 0 Interest on 5-per-cent. inscribed stock 400 0 1 Balance as per balance-sheet .. 4,154 4 3 £12,826 15 9 £12,826 15 9 R. P. Greville, Kauri-gum Superintendent. The Audit Office, having examined the balance-sheet and accompanying accounts, required by law to be audited, hereby certifies the same to be correct. —R. J. Collins, Controller and Auditor-General.