13,- 1 PT. IV

56

MENTAL HOSPITALS DEPARTMENT —continued. Income and Expenditure Account for the Year ended 31st March, 1925. To Institutional Accounts— £ s. d. £ s. d. Auckland .. .. .. .. 50,922 16 3By Balance .. .. .. .. 308,043 18 8 Christchurch .. .. .. .. 52,487 610 Dunedin .. .. .. .. 76,486 8 6 Hokitika .. .. .. .. 22,677 14 10 Nelson .. .. .. .. .. 22,994 16 3 Porirua .. .. .. .. 53,693 6 2 Tokanui .. .. .. .. 28,316 7 5 Interest on Wellington land .. .. 465 2 5 £308,043 18 8 £308,043 18 8 Balance-sheet as at 31st March, 1925. Liabilities. £s. d. Asset*. £s. d. Capital Account .. .. .. .. 875,518 8 0 Land .. .. .. .. .. 161,776 0 0 Sundry creditors .. .. .. .. 9,072 10 9 Buildings .. .. .. .. .. 489,565 6 7 Depreciation Reserve .. .. .. 53,049 15 7 Buildings (farm) .. .. .. 16 2 8 Treasury Adjustment Account .. .. 317,141 12 11 Developmental .. .. .. .. 4,128 9 6 Improvements .. .. .. .. 150,132 13 7 Furniture and fittings .. .. .. 19,426 9 5 Plant and machinery .. .. . . 557 10 0 Plant and machinery (farm) .. .. .. 210 0 Motor-vehicles .. .. .. . 3,232 15 11 Other vehicles .. . . .. .. 987 0 0 Surgical instruments ~ .. . . 29 3 6 Loose and artisans'tools .. .. .. 1,749 13 9 Farm implements .. .. .. .. 2,564 16 6 Stores and equipment .. .. .. 77,742 11 4 Live-stock .. .. .. .. 21,592 0 0 Stored and growing crops .. .. .. 11,326142 Sundry debtors .. .. .. .. 1,811 14 5 Expenses paid in advance .. .. .. 96 17 3 Excess expenditure over income .. .. 308,043 18 8 £1,254,782 7 3 £1,254,782 7 3 Note.' —The assets include amounts of a capital nature expended by the Public Works Department for which the Department possesses no parliamentary appropriation. 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 4J per cent, on capital as at Ist April, 1924 ; (c) maintenance of buildings by the Public Works Department. G. C. Holder, For Inspector-General of Mental Hospitals. W. Kiach, Accountant. I hereby certify that the Income and Expenditure Account, Farm Working Accounts, Institutional 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, except that —(1) the estimated value of the labour performed by inmates on the institutional farms has not been taken into account; (2) pending a detailed valuation of the land, buildings, and improvements comprising the farms, the correct charge for interest and depreciation cannot be ascertained ; (3) the valuations of land, buildings, and improvements are incomplete; (4) the income from maintenance fees does not represent the earnings for the year, and the outstandings at the end of the year have not been correctly stated ; and (5) subject to the departmental notes above.- G. F. C. Campbell, Controller and Auditor-General.