B.—l [PT. IY, SUP.

13

ARTIFICIAL - LIMB FACTORY. Trading Account for the Year ended 31st March, 1925. Dr. £ s. d. Cr. £ s. d. £ s. d. To Stocks on hand, Ist April, 1924 .. .. 3,641 010 By Work for New Zealand ExpediPurchases.. .. .. .. .. 4,369 18 5 tionary Force .. .. 3,301 17 2 Power and lighting .. . . .. 91 3 8 Accessories .. .. . . 430 6 7 Rent of factory .. .. .. . . 75 0 0 Issues by Registrar, Auckland .. 237 12 8 Wages .. .. .. .. .. 1,855 9 1 Issues by Registrar, Christchurch .. 161 9 0 Repairs .. .. .. .. .. 320 Issues by Registrar, Dunedin .. 68 13 3 Rates .. .. .. .. .. 226 Splint-work .. .. .. 17 5 7 Loss on tools used.. .. .. .. 20 9 4 4,217 4 3 Work done for Railway Department 69 8 11 Work done for Education Department .. .. .. 12 7 Work done for Defence Department 25 19 9 Materials supplied .. .. 25 18 6 — 122 9 9 Work done for British Expeditionary Force amputees .. 40 12 8 Accessories issued by Registrar, Auckland .. .. .. 2 0 1 Accessories issued by Registrar, Dunedin .. .. .. 0 14 8 — 43 7 5 Work done for civilians .. .. 516 0 5 Materials issued .. .. 178 12 7 694 13 0 Stocks on hand, 31st March, 1925.. .. 4,373 5 8 Balance to Profit and Loss Account .. 607 5 9 £10,058 5 10 £10,058 5 10 Profit and Loss Account for the Year ended 31st March, 1925. Dr. £ s. d. Cr. £ s. d. To Balance from Trading Account .. .. 607 5 9 By Allowances received .. .. .. .. 17 10 5 Telephone . . .. .. .. .. 15 15 0 Discounts received .. .. .. .. 119 18 9 Freight outward .. .. .. .. 22 14 10 Net loss transferred to War Expenses Account .. 939 7 6 Exchange .. .. .. .. .. 0 2 9 Bad debts .. .. .. .. .. 2 12 2 ' Postages .. .. .. .. .. 51011 Depreciation .. .. . . .. 109 14 8 Interest on capital .. .. .. 313 0 7 £1,076 16 8 £1,076 16 8 Note. —The cost of operating this factory has been included in War Expenses Income and Expenditure Account for the year ended 31st March, 1925. The accounts include a charge for interest for which no parliamentary appropriation is possessed. The assets as under have been transferred at 31st March, 1925, from War Expenses Account to the Pensions Department without cash payment. Statement of Assets and Liabilities transferred to Pensions Department as at 31st March, 1925. Liabilities. £ s. d. * Assets. £ s. d. £ s. d. Capital .. .. .. .. .. 4,973 14 9 Sundry debtors .. .. .. .. 120 14 4 Sundry creditors .. .. .. .. 2,046 16 2 Buildings .. .. .. .. 1,651 1 6 Machinery .. .. .. 502 4 4 « Additions .. .. .. 5 0 0 507 4 4 Less depreciation .. .. 50 14 5 456 9 11 Fittings .. .. .. .. 189 12 5 Less depreciation .. .. 9 9 7 180 2 10 Tools .. .. .. .. .. 234 19 1 Stamps .. .. .. .. .. 3 17 7 Stocks on hand, 31st March, 1925 — Stock at factory .. .. 4,055 5 1 Stock at Registrar's, Auckland .. 114 12 3 Stock at Registrar's, Christchurch .. 92 7 8 Stock at Registrar's, Dunedin .. 11l 0 8 4,373 5 8 £7,020 10 11 £7,020 10 11 G. C. Fache, Commissioner of Pensions. I hereby certify that the Trading Account, Profit and Loss 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.