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5

AUDIT DEPARTMENT. Income and Expenditure Account foe the Year ended 31st March, 1930. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 50,705 10 0 By Fees Account .. .. .. .. 29,579 8 8 Books, publications, &o. .. .. .. 11l 5 4 Excess of expenditure over income .. 30,312 7 8 Allowances, London .. .. .. 63 17 10 Law-costs .. . . .. .. 19 4 5 Office fittings .. .. .. .. 75 11 10 Postages and telegrams .. .. .. 252 11 11 Rent .. .. .. .. .. 1,379 0 9 Telephones .. .. .. .. 172 19 10 Temporary assistance .. .. .. 979 5 0 Travelling-expenses .. .. .. 5,336 6 8 Furniture now unserviceable .. .. 1 13 3 Depreciation .. .. .. .. 210 6 1 Printing and stationery .. .. .. 373 16 9 Removal expenses .. .. .. 135 14 I Overtime, &c. .. . . . . .. 68 6 7 Expenses of commission .. .. .. 6 6 0 £59,891 16 4 £59,891 16 4 £ s. d. £ s. d. To Balance .. .. .. .. .. 30,312 7 8 By Excess of expenditure over income .. .. 30,447 8 7 Interest on capital .. .. .. 135 0 11 £30,447 8 7 £30,447 8 7 Note. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value as assessed by Public Works Department; (b) interest at 4| per cent, on capital as at Ist April, 1929. Balance-sheet as at 31st March, 1930. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,001 0 7 Furniture and fittings .. .. .. 1,858 10 3 Treasury Adjustment Account .. .. 31,872 10 10 Writing off Suspense .. .. .. 113 3 Creditors— £ s. d. Mechanical appliances .. .. .. 273 5 9 Departmental . . .. 56 18 6 Books .. .. .. .. .. 924 7 3 Sundry ~ .. .. 266 9 3 Stationery .. .. .. .. .. 151 14 7 323 7 9 Stamps .. .. .. .. .. 56 1 3 Fees paid in advance .. .. .. 010 0 Debtors — £ s. d. Depreciation Reserve .. .. .. 1,504 17 0 Departmental .. .. 432 17 0 Writing-off Reserve .. .. .. .. 1 13 3 Sundry .. .. .. 2,558 1 6 — 2,990 18 6 Excess of expenditure over income .. .. 30,447 8 7 £36,703 19 5 £36,703 19 5 J. H. Fowler, Chief Clerk. 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 note. —G. F. C. Campbell, Controller and Auditor-General. BANK OF NEW ZEALAND SHARES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1930. Expenditure. £ s. d. Income. £ s. d. To Interest on consolidated stock .. ... 32,500 0 0 By Dividends received and declared for the year .. 245,312 10 0 Management charges on consolidated stock .. 262 10 0 Balance.. .. .. .. .. 212,550 0 0 £245,312 10 0 £245,312 10 0 Balance-sheet as at 31st March, 1930. Liabilities. j Assets. £ s. d. Capital Account — j Bank of New Zealand shares— - New Zealand consolidated stock- £ £ s. d. 500,000 preference A shares (nominal value) 500,000 0 0 3i-per cent. 1940 .. .. 500,000 j 1,355,000-pseference B shares (nominal value) 1,375.000 0 0 4 per cent. 1943-63 .. 375,000 ! 234,375 long-term mortgage C shares (nominal ! value) .. .. .. •• 234,375 0 0 875,000 Dividends declared but not paid .. .. 146,614 11 8 Bank of New Zealand Shares Account— Treasury Adjustment Account .. .. 72,586 2 1 Investment Account .. .. 984,375 1,859,375 0 0 Capital reserve .. .. .. .. 250,000 0 0 Accrued interest on consolidated stock .. 6,650 13 9 Balance of Income and Expenditure Account 212,550 0 0 £2,328,575 13 9 £2,328,575 13 9 Accumulated profits to 31st March, 1930, £2,031,982 17s. Id. G. C. Rodda, F.R.A.N.Z., Accountant to the Treasury. 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.—G. F. C. Campbell, Controller and Auditor-General.