B.—l [Pt. IV].

KAURI-GUM INDUSTRY ACCOUNT. Balance-sheet as at 31st March, 1933. Liabilities. £ s. d. Assets. £ s. d. Capital: Debentures at 4 per cent. .. .. 57,000 0 0 Realization Account: Assets in course of realization 17 1 0 Writings-off reserve .. .. .. .. 7,339 15 1 Gum on hand .. .. .. .. 2,298 10 6 Treasury Adjustment Account .. .. 17,805 8 4 Advances on gum .. .. .. .. 819 8 Sundry debtors : Kauri-gum Control Board .. 249 10 7 Investments, Public Debt Redemption Fund .. 829 19 6 Losses in Suspense .. .. .. .. 7,339 15 1 Accumulated loss (account abolished, 31st March, 1931) .. .. .. .. .. 71,401 7 1 £82,145 3 5 £82,145 3 5 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby. The following comment is appended : Stocks are shown at book value pending disposal. —G. F. C. Campbell, Controller and Auditor-General.

DEPARTMENT OF LABOUE. Income and Expenditure Account foe the Year ending 31st March, 1933. Expenditure. £ s. d. Income. £ s. d. To Salaries, agents'allowances, and overtime .. 33,770 7 5 By Penalties imposed by the Court in action Advertising, supply of newspapers, &o. .. 116 0 11 brought for breaches of awards and certain Motor-cars, motor-cycles, and bicycles mainten- sections of the Industrial Conciliation and ance and repairing .. .. .. 596 15 11 Arbitration Act, 1925, and the Apprentices Pees payable to assessors on Conciliation Act, 1923 .. .. .. .. 101 5 0 Councils .. .. .. .. 2,408 10 3 Factory registration fees .. .. .. 3,079 3 0 Freight, cartage, and transport charges .. 64 0 9 Servants' registry office fees .. .. 19 15 0 Heating and lighting of offices .. .. 239 9 4 Weights and measures verification fees .. 8,676 17 3 Law-costs .. .. .. .. 8 9 5 Rent of buildings .. .. .. .. 53 13 2 Miscellaneous expenses .. .. .. 42 16 4 Charges for use of motor-vehicles and other Postage, telegrams, telephone services, &c. .. 1,978 410 incidental services in connection with weights Printing, stationery, office requisites, and type- and measures verification .. .. 1,585 18 2 writer repairs .. .. .. .. 1,890 11 7 Sale of departmental publications .. .. 193 18 3 Rates and repairs on property .. .. 9 3 3 Services to Unemployment Board .. .. 7,994 12 6 Rent and rates on office accommodation .. 3,335 4 1 Excess of expenditure over income before Commission on sale of publications .. .. 41 12 2 charging interest carried down .. .. 29,906 11 7 Travelling allowances and expenses (Arbitration Court and Conciliation Council, £4,055 7s. 4d. ; departmental, £1,863 13s. Id.) .. 5,919 0 5 Cash deficiencies: Erroneous disbursements from Deposit Account .. .. .. 5 4 2 Losses on realization of property .. .. 11 16 0 Bad debts .. .. .. .. 113 17 6 Provision for depreciation of assets .. .. 1,060 9 7 £51,611 13 11 ' £51,611 13 11 To Excess of expenditure over income before £ s. d. , , charging interest brought down .. .. 29,9C6 11 7 £ s. d. Interest on capital .. .. .. 796 19 6 By Excess of expenditure over income .. .. 30,703 11 1 £30,703 11 1 £30,703 11 1 Note. —The following charges are included for which the Department possesses no parliamentary appropriation: (a) Rental value assessed by Public Works Department; (6) interest at 4| per cent, on capital. Balance-sheet as at 31st March, 1933. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 18,188 4 2 Land and buildings .. .. .. 920 0 0 Creditors— £ s. d. Motor-cars, motor-cycles, and bicycles .. 2,781 15 1 Departmental.. .. .. 356 15 11 Furniture and fittings .. .. .. 7,132 2 11 Sundry .. .. .. 191 16 11 • Mechanical office appliances .. .. 908 2 0 Factory fees received in advance.. 217 0 Library books .. .. .. .. 1,768 11 7 551 910 Weights and measures standards .. .. 4,677 12 7 Reserves— Stationery .. .. .. .. 300 12 10 Depreciation .. .. .. 9,298 3 9 Stamps .. .. .. .. 120 19 8 Bad debts .. .. .. 428 16 10 Payments in advance .. .. .. 45 0 6 9,727 0 7 DebtorsAmounts held on deposit .. .. .. 194 9 2 Departmental .. .. 118 13 4 Writings-off, Suspense Account .. .. 14 7 2 Sundry .. .. .. 1,043 14 11 Treasury Adjustment Account .. .. 22,055 4 11 1 162 8 3 Assets in Suspense .. .. .. 14 7 2 Deposit accounts — Receiver-General's Deposit Account .. 50 0 0 Sundry deposits .. .. .. 106 11 2 Cash in hand .. .. .. .. 37 18 0 Cash in hand .. .'. .. .. 13 0 Excess of expenditure over income .. .. 30,703 11 1 £50,730 15 10 £50,730 15 10 Henry E. Moston, Deputy Chief Inspector of Factories. Y. M. F. Jackson, Accountant. 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.

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