H.—ls

Payments (Net Vote).

It will be observed that the receipts have increased from £73,696 in 1921-22 to £133,484 in 1926-27, while the payments have decreased from £151,695 in 1921-22 to £119,782 in 1926-27. Thus by an increase of £59,788 in receipts and a decrease of £31,913 in payments the Department has improved its cash position to the extent of £91,701 in six years. Turning now to the Income and Expenditure Account, which gives a real indication of the Department's financial position, the figures for the past five years are as follows : —

Revenue.

Expenditure.

2

Branch. 1921-22. i 1922-23. j 1923-24. 1924-25. 1925-26. 1926-27. I I ! £ £ £ £ | £ £ Head Office .. .. .. * 9,169 8,433 9,378! 9,148 9,687 Harbours .. .. .. 5,194 4,216 6,279 3,911 3,862 4,338 Lighthouses .. .. 37,085 27,734 25,503 26,018, 26,038 25,273 Meteorological Office .. .. 3,909 5,314 ! 5,671 6,009 | 6,007 Mercantile Marine .. .. 12,632 11,901 ; 13,422 14,262 j 15,413 14,813 Inspection of Machinery .. 27,492 25,279 i 24,821 24,714 | 26,181 28,294 Fisheries .. .! .. 13,784 10,456 10,792 12,539 15,351 14,922 Government Steamers .. 34,184 19,675 21,155 19,956 18,642 21,215 Miscellaneous Services .. 17,415 3,460 1,573 2,676 1,359 1,240 Totals .. .. 151,695 117,204 117,649 119,463 122,001 119,782 | * It was formerly the practice to include Head Office expenditure under miscellaneous services.

Branch. 1922-23. [ 1923-24 ! 1924-25. 1925-26. i 1926-27. i i_ _ l_ L Shipping Branch— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Light dues .. .. 39,688 16 8 76,867 15 6 80,467 6 2 82,875 6 3 81,064 9 8 Engagement and discharge 3,179 11 0 3,218 15 0 i 3,420 14 0 3,664 15 3 3,124 13 3 fees Survey lees .. .. 3,095 9 0 4,785 2 6 j 5,010 0 4 6,137 16 11 5,371 7 8 Examination fees .. 395 12 6 369 12 0 417 5 0 429,10 0 379 5 0 Miscellaneous .. .. 1,289 0 4 1,389 8 0 1,175 6 3 823 14 3 505 18 3 Harbours — Pilotage, port charges, &c. 764 14 6 768 13 1 842 18 7 870 11 8 920 17 1 Foreshore revenue .. 1,126 14 1 2,909 0 4 4,393 19 I 5,704 2 4 5,988 17 4 Inspection of Machinery— Inspection fees, &c. .. 17,126 19 0 16,125 11 2 17,256 2 10 18,005 8 10 19,531 8 3 Examination fees .. 667 0 0 738 18 0 732 18 0 657 5 0 556 4 0 Fisheries— Net profit from sale of oysters 2,546 9 6 2,310 19 9 j 2,139 10 1 2,517 3 11 1,347 11 7 Fishing-boat license fees, &c. 324 9 6 627 14 1 477 14- 6 575 5 4 629 15 9 Rental of toheroa-beds .. 10 0 0 300 0 0 300 0 0 300 0 0 300 0 0 Government Steamers — Freight, passage-money, &e. 1,785 0 7 2,788 1 8 j 4,793 0 10 3,185 17 8 5,134 9 6 Ross Sea Revenue .. .. .. 200 0 0 200 0 0 1,720 12 6 2,921 5 0 Miscellaneous Revenue .. 2,800 11 4 2,658 4 9 i 1,696 1 6 1,818 1 10 1,693 12 2 Totals—General Accounts .. 74,800 8 0 116.057 5 10 123,322 17 2 129,285 11 9 j 129,469 14 6

Branch. 1922-23. 1923-24. 1924-25. 1925-26. 1926-27. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Head Office .. .. 9,612 2 8 8,574 3 2 9,292 7 4 9,626 13 9 10,007 16 10 Harbours.. .. 4,826 13 2 3,739 17 5 3,921 2 11 4,295 13 3 3,938 6 0 Lighthouses .. .. 26,995 19 5 25,302 19 4 26,823 6 5 24,220 2 2 24,157 5 4 Meteorological .. .. 5,374 0 3 5,572 6 2 5,863 19 2 6,124 12 6 Mercantile Marine .. .. 15,150 17 11 16,585 15 1 17,896 11 0 24,626 5 5 25,021 18 8 Inspection of Machinery .. 27,015 0 0 25.802 1 2 26,124 16 11 20,793 2 9 22,288 13 8 Fisheries .. .. .. 4,545 3 2 3,743 11 8 2,890 13 10 3,179 2 6 3,385 5 11 Government Steamers .. 21,697 19 6 22,819 8 9 21,837 5 4 24,309 19 11 22,605 0 4 Miscellaneous Services .. 2,655 3 8 3,939 7 5 1,734 3 I 2,189 17 10 2,861 17 4 Grants and Subsidies .. 1,510 0 0 900 0 0; 150 0 0 540 0 0 290 0 0 Depreciation .. .. 8,035 4 9 7,911 18 8 8,844 18 9 8,862 19 6 9,032 5 3 Interest on Capital .. .. 15,716 7 3 17,471 16 8 17,737 15 7 17,811 11 0 18,005 6 0 Totals—General Accounts .. 143,134 11 9 I 142,363 5 6 143,117 0 4 146,580 0 7 141,593 15 4 1