B. —1 [PT. IV SUP. to 1928].

33

IMMIGRATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1928. Expenditure. Income. £ s. d. To Administration expenses— By Cables prepaid .. .. .. .. 1,580 12 3 Salaries— £ s. d. £ s. d. Exchange ~ .. .. .. 0 7 8 New Zealand .. .. 4,569 12 0 Excess of expenditure over income, carried down 76,483 5 2 London .. .. .. 7,500 0 0 Temporary assistance .. 507 5 0 12,576 17 0 Office expenses .. .. 2,935 17 10 Supervision of domestics .. 2,402 1 7 Supervision of public-school boys 603 14 5 Rent .. .. . 1,468 0 0 19,986 10 10 Grants, &c., to immigrants .. .. 992 10 10 Passage-money paid .. .. 140,310 9 6 Less contributions by— £ s. d. Immigrants 31,345 14 6 Imperial Government 54,191 7 6 85,537 2 0 54,773 7 6 Passage-money (undesirables) .. .. 536 5 7 Cost of cables .. .. .. .. 1,653 1 11 Exchange .. .. . . .. 13 7 Depreciation .. .. .. .. 77 6 6 Loans of passage-money written off .. .. 43 18 4 £78,064 5 1 £78,064 5 1 £ s. d. £ s. d. To Balance brought down .. .. .. 76,483 5 2 By Recoveries of expenditure on account of preInterest on capital .. .. ~ 43 3 5 vious years —New Zealand Government contributions .. .. .. .. 3,569 18 6 Excess of expenditure over income after charging interest .. .. .. .. 72,956 10 1 £76,526 8 7 £76,526 8 7 Note. —Interest at 4 \ per cent, on capital as at Ist April, 1927, has been included in the account although the Department possesses no parliamentary appropriation. Balance-sheet as at 31st March, 1928. Liabilities. Assets. £ s. d. £ s. d. National Development Account— £ s. d. Capital as at Ist April, 1927 .. .. 959 7 5 Excess of expenditure over income, 1927-28 .. 72,956 10 1 Passage-money deposited on behalf Add additional ascertained expenditure for years of immigrants .. .. 7,715 8 0 .. 1913-22 .. .. .. .. 10 0 0 Cable fees paid in advance on behalf of immigrants.. .. .. 12 0 0 72,966 10 1 Amounts deposited as gratuities for Furniture and fittings .. .. .. 984 11 2 matrons, &c. .. .. .. 11 7 6 Stock of stationery .. .. .. .. 230 12 10 7,738 15 6 Stock of blankets . . .. .. .. 2 9 0 Imperial Government — "Loans of passage-money to immigrants.. .. 2,136 9 3 Loans of passage-money to New Zealand Go- Cash in Deposit Account — £ s. d. vernment .. .. .. .. 609 16 3 Emigrants' deposits .. .. 665 17 3 Loans to immigrants recovered but not paid .. 619 9 1 Remittances to immigrants .. 139 10 0 Contributions of passage-money recovered but 805 7 3 not paid .. .. .. .. 2,276 1 7 Sundry debtors .. .. .. .. 292 17 5 Contributions of passage-money recovered and Official stamps .. .. .. .. 16 1 7 held in Suspense.. .. .. .. 946 15 8 Recoveries on behalf of Commonwealth Migration Department (Australia) .. .. .. 30 0 0 Emigrants' deposits (amounts deposited with High Commissioner for repayment in New Zealand .. 665 17 3 Remittances to immigrants (amounts deposited in New Zealand for payment in England) .. 139 10 0 Sundry creditors .. .. .. .. 1,095 0 1 Depreciation Reserve .. .. .. 418 0 2 Bad Debts Reserve .. .. .. .. 50 0 0 Treasury Adjustment Account .. .. 61,886 5 7 £77,434 18 7 £77,434 18 7 H. D. Thomson, Under-Secretary. 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, subject to the above departmental notes.—J. H. Fowler, Deputy Controller and Auditor-General.

s—B.5 —B. 1 [PT. IV SUP. TO 1928'.