11

E.—7

Balance-sheet as at 31st December, 1924. (No. I.—Capital Statement.) Fixed- Assets. Liabilities. £ s. d. Buildings and equipment— £ s. d. £ s. d. Capital balance, 3lst December, 1924 .. 215,861 1 8 New Arts building .. 45,272 5 1 1924 additions .. 29,121 12 6 — 74,393 17 7 Students' buildings .. 4,099 15 6 1924 additions .. 4,517 15 0 8,617 10 6 ltetaining-wall, grounds, &c. .. 1,703 5 9 Science building .. •• 20,012 0 0 Science equipment .. 8,610 0 0 1924 additions .. 472 1 9 9,082 1 9 Less depreciation .. 908 4 2 8,173 17 7 Engineering building .. 2,873 8 3 Less depreciation .. 359 2 6 2,514 5 9 Engineering equipment 3,751 5 0 1924 additions .. 387 10 2 4,138 15 2 Less depreciation .. 413 17 6 3,724 17 8 Eurniture— Science building .. 655 12 10 Less depreciation .. 81 14 1 573 18 9 Engineering building .. 124 2 8 Less depreciation .. 15 10 4 108 12 4 Arts accommodation .. 412 9 0 Less depreciation .. 351 11 0 60 is o ; Office furniture and fittings .. .. 312 17 2 Less depreciation .. 156 8 7 — 156 8 7 i Library .. .. 3,735 6 0 1924 additions .. 686 16 4 4,422 2 4 Less depreciation .. 331 13 2 4,090 9 2 Endowment lands .. .. 61,31100 PropertiesScience building sites .. 5,920 0 0 Arts building site .. 24,500 0 0 30,420 0 0 £215,861 1 8 £215,861 1 8 Statement No. 2. Cash at Bank of New Zea- ] £ s. d. land— £ s. d. £ s. d. Endowment sales .. .. .. 10,534 12 7 General .. .. 4,123 7 0 ! Endowment and sinking fund .. .. 3,930 4 0 Eixed deposit.. .. 27,000 0 0 New Building Eund — £ s. d. Imprest .. .. 30 0 0 Donations and subsidies 23,183 13 0 31,153 7 0 Less survey fees .. 789 11 4 Endowment Sales Invest- 22,394 1 8 ment—■ i Annual examination fees in advance .. 8 8 0 Auckland City Council Revenue balance, 31st December, 1924 .. 9,210 13 2 debentures.. .. 10,200 0 0 Auckland Electric-power Board debentures .. 300 0 0 Eixed deposit.. .. 34 12 7 10,534 12 7 Endowment and Sinking Eund investment —- Mortgage investments .. 3,525 0 0 Auckland City Council debentures .. .. 400 0 0 War-loan certificates .. 5 4 0 — 3,930 4 0 Physics notes in stock .. .. 23 7 0 Sundry debtors—Rent arrears— Starr .. .. 143 19 9 Clinoh .. .. 123 14 0 Rent accrued—Cooper.. 12 6 2 279 19 11 Mortgage interest — Accrued .. .. 6 18 2 Arrears .. .. 48 15 0 55 13 2 Subsidy on donation .. .. 100 0 0 Endowment investment interest accrued 0 15 9 £46,077 19 5 £46,077 19 5 W. It. O'Shea, Registrar.