B. —1 [PT. IV SUP. TO 1928].

14

DEFENCE DEPARTMENT—continued. Aviation Revenue Account foe the Year ended 31st March, 1928. Dr. £ S. d. Gr. £ »• d. To Pay, military, flying, and casual-duty flights .. 6,762 3 5 By Passenger flights and fees .. .. •• 527 19 0 Advertising, printing, stationery, postages, &c. 123 7 6 Hire of horses .. .. .. • • 12 19 0 Travelling allowances and expenses, rail and Registration fees .. .. .. • • 110 steamer fares, freights and cartage .. 1,385 18 4 Rents of buildings and quarters .. .. 381 3 1 Expenses and upkeep of machines and stores Excess of expenditure over income, carried consumed .. .. .. .. 10,686 1 10 down .. .. .. •• 29,253 11 8 Pay, travelling, and other expenses of pilots attending refresher courses .. .. 1,390 13 2 Compensation and medical expenses in accident cases .. .. .. .. .. 13 18 6 Maintenance of aerodromes and buildings .. 569 2 4 New Zealand's proportion, expenses of International Commission on Air Navigation .. 17 18 3 Allowances and expenses of officers undergoing instruction abroad .. .. .. 1,404 3 3 Expenses of British Airship Mission .. 528 7 4 Depreciation on—■ £ s. d. Buildings .. .. 469 17 2 Furniture .. .. 32 5 2 Aircraft, engines, power machinery, and motorvehicles .. .. 6,792 17 6 — 7,294 19 10 £30,176 13 9 £30,176 13 9 £ s. d. £ s. d. To Balance brought down .. .. .. 29,253 11 8 By Excess of expenditure over income after Interest on capital (£91,332 at 4J per cent.) .. 4,109 19 2 charging interest on capital .. .. 33,363 10 10 £33,363 10 10 £33,363 10 10 Balance-sheet as at 31st March, 1928. Liabilities. Assets. £ s. d. Capital Account— £ s. d. Public Works Fund —Land and buildings .. .. 879,387 0 6 Liability to Treasury at Ist April, 1927 3,736,449 18 4 Consolidated Fund — £ s. d. Value of gifts from Imperial Govern- Armament, heavy gun and smallment and other sources .. .. 35,380 0 0 arms ammunition .. .. 1,070,424 13 11 • Less Lower Hutt Fire Suspense 3,771,829 18 4 Account .. .. .. 3,937 5 4 Treasury Adjustment Account .. 629,942 10 5 1,066,487 8 7 Depreciation Reserve Account .. 78,606 17 4 Ordnance Depot stocks at Vocabulary prices.. .. 1,554,674 19 11 Stores Depreciation Reserve Account .. 262,631 18 6 Obsolete stocks at Disposal Depot .. .. .. 9,851 17 0 Aviation Depreciation Reserve Account 15,936 010 Unit equipment and clothing stocks .. .. 432,693 3 5 Nelson Province Rifle Prize Fund .. 1,044 13 3 Army Service Corps supplies .. .. .. 89.1 14 7 Rents received in advance .. .. 203 2 4 Stationery and publications .. .. .. 3,966117 Sundry creditors— £ s. d. Libraries .. .. .. .. .. 1,039 14 9 Consolidated Fund .. 22,568 8 6 Medals and ribands .. .. .. .. 4,417 10 II Public Works Fund .. 182 2 3 Defence vessel " Janie Seddon" .. 3,724 11 10 Ordnance services, &c. 411 7 0 Consumable stores on board .. 28 3 6 — 23,161 17 9 3,752 15 4 Aircraft, spares and stores.. .. .. .. 92,891 16 8 Wireless installations .. .. .. .. 1,517 11 2 Furniture and office appliances .. .. .. 22,567 16 3 Power-house machinery .. .. .. .. 3,170 6 0 Horses at valuation .. .. .. .. 2,089 19 1 Nelson Province Rifle Prize Fund .. 1,000 0 0 Balance of interest on same in Deposits Account .. .. 44 13 3 1,044 13 3 Sundry debtors — General .. .. .. 825 6 8 War Office .. .. .. 6,845 6 1 Rents accrued .. .. 422 13 8 8,093 6 5 Stamps (including stamps and cash in Regimental Funds Grant Accounts) .. .. .. 890 15 7 Assets in Suspense Account pending £ s. d. authority to write off .. .. 3,834 13 4 Less writings off, Suspense Account 3,834 13 4 1 Excess of expenditure over income— Aviation Revenue Account .. 33,363 10 10 Headquarters Revenue Account .. 215,396 9 6 Territorials Revenue Account # .. 228,165 5 3 Cadets Revenue Account .. 79,627 15 1 Army Ordnance Stores Revenue Account .. .. .. 137,217 0 6 " Janie Seddon " Revenue Account 157 16 7 693,927 17 9 £4,783,356 18 9 £4,783,356 18 9 H. M. Griffen, Lieut.-Colonel, Director of Financial Services. L. C. Forgie, Major, Accountant. I hereby certify that the Revenue 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.