B.—l [Pt. IV].

AUDIT DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1933. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. .. 44,025 14 4 By Fees Account .. .. .. .. 31,802 II 11 Books, &c. .. .. ~ .. 119 2 10 Excess of expenditure over income .. .. 22,079 6 8 Allowances, London and Samoa .. .. 189 0 2 Allowances, higher duties .. .. .. 10 0 0 Law-costs .. .. .. .. 14 14 0 Office fittings .. . . .. .. 145 8 6 j Postages .. .. .. .. 311 7 8 Rent .. .. .. .. .. 1,411 15 9 Telephone services .. .. .. 176 2 6 Temporary assistance .. .. .. 859 17 5 Travelling-expenses .. .. .. 5,422 11 9 Contingencies .. .. .. .. 110 Depreciation .. .. .. .. 218 19 5 Printing and stationery .. .. .. 283 18 1 Transfer and removal expenses .. .. 524 5 11 i Overtime and meal allowances .. .. 159 8 3 Assets provisionally written off .. .. 8 11 0 £53,881 18 7 £53,881 18 7 £ s. d. : £ s. d. To Balance .. .. .. .. .. 22,079 6 8 By Excess of expenditure over income .. .. 22,254 15 11 Fees remitted .. .. .. .. 26110 Interest on capital .. .. . . 148 18 3 £22,254 15 11 £22,254 15 II Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (1) Rental value as assessed by Public Works Department; (2) interest on capital. Balance-sheet as at 31st March, 1933. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 3,418 14 10 Furniture and fittings .. ..' .. 1,910 0 4 Treasury Adjustment Account .. .. 22,773 4 5 Mechanical appliances .. .. .- 305 18 0 Creditors— £ s. d. Books .. .. .. .. .. 1,196 1 9 Departmental .. .. .. 28 5 1 Stationery .. .. .. .. .. 163 211 Sundry .. .. .. 288 14 5 Stamps " .. .. .. .. .. 43 3 2 316 19 6 Debtors— £ s. d. Fees paid in advance .. .. .. 23 3 6 Departmental .. .. 102 6 0 Depreciation reserve .. .. .. .. 2,189 1 8 Sundry .. .. ..2,745 15 10 Writings-off, Suspense .. .. .. 8 11 0 2,848 110 Assets in Suspense .. .. .. .. 811 0 Excess of expenditure over income .. .. 22,254 15 11 £28,729 14 11 £28,729 14 11 J. H. Fowler, F.R.A.N.Z., 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 foe the Year ended 31st Maech, 1933. Expenditure. £ s. d. [ Income. £ s. d. To Interest on consolidated stock .. ~ 32,500 0 0 By Dividends received and declared for the year 187,500 0 0 Management charges on consolidated stock .. 258 10 9 Excess of income over expenditure .. 154,741 9 3 £187,500 0 0 ! £187,500 0 0 Balance-sheet as at 31st Maech, 1933. Liabilities. Assets. Capital Account — £ £ s. d. Bank of New Zealand shares (at nominal £ s. d. New Zealand consolidated stock — value) — 3J per cent.. 1940 .. .. 500,000 500,000 preference A shares .. .. 500,000 0 0 4 per cent., 1943-63 .. .. 375,000 1,375,000 preference B shares .. .. 1,375,000 0 0 875,000 0 0 234,375 long-term mortgage C shares .. 234,375 0 0 Bank of New Zealand Shares Account: Invest- Dividends declared but not paid .. .. 91,406 5 0 ment Account .. .. .. .. 984,375 0 0 Treasury Adjustment Account .. .. 69,985 18 0 Capital reserve .. .. .. .. 250,000 0 0 Accrued interest on consolidated stock .. 6,650 13 9 Excess of income over expenditure .. .. 154,741 9 3 £2,270,767 3 0 £2,270,767 3 0 Accumulated profits to 31st March, 1933, £2,611,832, credited to the Consolidated Fund. G. C. Rodda, F.R.A.N.Z., Accountant to the Treasury. 1 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 comment that no charge for the cost of exchange on payments made in London is included in the account. —J. H. Fowleb, Deputy Controller and Auditor-General.

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