B.—l [Pt. IV], SUP. TO 1935.

DEPARTMENT OF LABOUR —continued. Income and Expenditube Account of Labour Department (Immigration) for the Year ended 31st March, 1935. Expenditure. Income. £ s. d. To Administration expenses— By Cables prepaid .. . . .. .. 10 0 Salaries. £s. d. £ s. d. Excess expenditure over income, carried down . . 1,163 19 0 New Zealand .. .. .. 300 0 0 London .. .. .. 525 0 0 825 0 0 Office expenses .. .. .. 146 12 3 Rents .. .. .. .. 100 0 0 1,071 12 3 Cost of cables .. .. . . .. 7 12 0 Exchange .. .. .. .. .. 080 Passage-money: Undesirables .. . . 54 18 7 £ s. d. Passage-money paid .. 70 10 0 Less contributions by £ s. d. immigrants .. .. 37 10 0 Less contributions by Imperial Government.. 16 10 0 — 54 0 0 16 10 0 Depreciation .. .. .. . . 13 18 2 £1,164 19 0 £1,164 19 0 £ s. d. By Recoveries on account of expenditure on preTo Balance brought down .. .. .. 1,163 19 0 " vious years— Interest on capital .. .. .. 141,028 16 4 New Zealand Government contributions £ s. d. Excess income on account of Public Works towards passage-money .. . . 234 6 7 Fund, National Development Account .. 240 6 3 Supervision of domestics . . .. 0 18 Profit on realization of assets .. .. 5 18 0 Adjustment of Depreciation Reserve Account .. .. .. .. 19 9 5 Excess expenditure over income after charging interest .. .. .. .. 142,173 5 11 £142,433 1 7 £142,433 1 7 Notes—(l) The accounts include a charge against the Department for interest on capital for which the Department possesses no parliamentary appropriation. (2) No charge for the coat of exchange on payments made in London nor credit for the premium on remittances received in London is included in the account. Balance-sheet op Labour Department (Immigration) as at 31st March, 1935. Liabilities. Assets. £ s. d. Capital Account, Public Works £ s. d. £ s. d. Furniture and fittings .. .. .. 78 1. 5 Fund, 31st March, 1934 3,318,510 3 1 Stock: Stationery .. .. .. .. 10 0 0 Less recoveries on account of Loans of passage-monev to immigrants .. 933 8 7 expenditure previous years, Sundry debtors .. ' ... . . 7 0 0 1934-35 .. .. 369 18 3 Administration Account .. .. .. 142,173 51] 3,318,140 4 10 £ s. d. Creditors : Departmental .. .. .. 0 6 0 National Development Account 3,319,398 15 7 Reserves : Bad debts .. .. .. 50 0 0 Less excess income, 1934-35 240 6 3 Imperial Government— 3 Igg g 4 Loans to immigrants recovered but £ s. d. not paid . . .. 36 5 8 Contributions of passage-money recovered but not paid .. . . 215 18 3 252 3 11 Recoveries on behalf of Commonwealth Government of Australia .. .. .. 17 12 6 Treasury Adjustment Account .. .. 143,899 18 0 £3,462,360 5 3 £3,462,360 5 3 Henry E. Moston, Acting Permanent Head. 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 departmental notes enfaced thereon—G. F. C. Campbell, Controller and Auditor-General.

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