10

B.—l [Pt. Ill].

PRINTING AND STATIONERY DEPARTMENT— continued. Profit and Loss Account for the Year ended 31st March, 1921. Lr. Cr. To Paper and materials— £ s. d. £ s. d. £ s. d. By Sales— £ s. d. £ s. d. Stock at beginning .. 35,174 14 0 Manufacturing .. 207,714 2 2 Add purchases .. 95,760 14 7 Stationery " .. 30,227 16 8 Publishing .. 1,621 611 130,935 8 7 239,503 5 9 Less stock on hand on Work in progress .. 4,667 10 0 31st March, 1921 .. 66,080 8 0 Insurances refunded .. 1,624 1 3 64,855 0 7 Stationery— Stock at beginning .. 3,359 5 8 Add purchases .. 32,942 17 9 36,302 3 5 Less stock on hand on 31st March, 1921 .. 8,569 10 8 27,732 12 9 Salaries and wages .. .. 117,382 1 11 Insurance .. .. .. 676 0 2 Repairs and maintenance — Plant .. .. 891 4 7 Premises .. .. 374 14 7 1,265 19 2 Lighting, power, and water .. 2,324 3 6 Depreciation .. .. .. 3,237 19 0 Interest on capital .. .. 5,281 12 0 Freight (inward) .. .. 6,021 13 5 228,777 2 6 General expenses — i Office salaries .. .. 5,306 12 2 Salaries and wages (Stamp Department) 4,502 3 2 Postage and telegrams .. .. 1,684 16 2 Exchange .. .. .. 1,945 1 11 Freight (outward) .. .. 942 6 6 Discounts .. .. .. 71 4 10 Telephone rental .. .. 74 15 0 Medical services .. .. 137 17 0 Sundry office expenses .. .. 252 15 10 Bad Debts Reserve Account .. 100 0 0 15,017 12 7 Balance, being net profit for year .. .. 2,060 1 11 £245,854 17 0 -£245,854 17 0 . H. M. C. Robertson, Accountant. Examined and found correct. —Robert J. Collins, Controller and Auditor-General.