B.—l [PT. IY, Sup.] .

INDUSTRIES AND COMMERCE DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1925. Expenditure. £ s. d. Income. £ s. d. To Salaries, overtime, and meal allowances 4,991 19 10 By Rent of Furniture .. .. .. 52 0 0 Advertising, periodicals, newspapers, &c. 161 7 4 Balance carried down .. .. 7,854 5 6 Freight, cartage, removal of offices .. 17 3 9 Fuel, light, office-cleaning .. .. 26 13 1 Expenses of participation in Industrial Exhibition .. .. .. 194 8 1 Office requisites, printing, stationery, departmental publications, typewriter repairs .. .. .. .. 138 11 9 Postages, telegrams, rent of boxes, code address, telephone services .. 338 13 9 Travelling expenses, allowances, removal expenses of officers .. .. 603 15 8 Rent of offices .. .. .. 732 18 4 Law-cost?.. .. .. .. 525 12 8 Depreciation .. .. .. 175 1 3 £7,906 5 6 S £7,906 5 6 £ s. d. £ s. d. To Balance brought down .. .. 7,854 5 6 By Commission received on sale of German Subsidies to steamer services— £ dyes .. .. .. .. 302 10 0 New Zealand-Vancouver .. 10,000 Recoveries of expenditure in former New Zealand-San Francisco 12,500 years .. .. .. .. 1 10 0 22,500 0 0 Balance (excess of expenditure over Subsidy to New Zealand and South income) .. .. .. 55,146 19 9 Seas Exhibition .. .. .. 25,000 0 0 Interest on capital outlay .. .. 96 14 3 £55,450 19-9 £55,450 19 9 Profit and Loss Account with regard to the Sale of Reparation German Dyes for Period Ist April, 1924, to 31st March, 1925. Br. £ s. d. Cr. £ s. d. To Balance at 3JstMarch, 1995 . . .. 898 11 10 By Balance at 31st March, 1924, as per Trading and Profit and Loss Account .. 898 11 10 • £898 11 10 £898 11 10 Balance-sheet as at 31st March, 1925. Liabilities. £ s. d. ! Assets. £ s. d. Capital Account .. .. .. 2,149 4 0 Office furniture and fittings .. .. 1,321 2 9 Sundry creditors .. .. . 14,177 15 10 Mechanical office appliances .. .. 379 16 6 Depreciation Reserve .. .. 486 9 0 Wellington Library .. .. .. 117 7 3 Treasury Adjustment Account .. 139,650 11 6 Half-share in refrigerating plant .. 270 13 8 Official stamps—Stock on hand, 31st March, 1925 .. .. .. 21 14 7 Expenditure in advance .. .. 10 4 8 British Empire Exhibition—• Expenditure to date— Balance, 31st March, £ s. d. 1924 .. .. 43,221 17 7 Expenditure, 1924-25 70,397 1 10 113,618 19 5 Less recoveries .. 14,422 18 3 — 99,196 1 2 j Income and Expenditure Account—Excess of expenditure over income for 1924-25 .. .. .. .. 55,146 19 9 £156,464 0 4 £156,464 0 4 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, except that the accounts include a charge for interest for which the Department posseses no parliamentary appropriation, and a credit for furniture transferred to the Public Works Department for which no payment has been made.—J. H. FoWler, Deputy Controller and Auditor-General.

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