H.—37.

APPENDIX C— continued. Balance-sheets of Aero Clubs. North Island Aero Clubs.

23

Auckland. Waikato. Hawke's Bay and East Coast. Middle Districts. Wairarapa and Iluahinc. Wellington. Western Federated.* As at 31st As at 31st As at 30th Sep- As at 31st As at 31st As at 31st As at 31st As at 31st As at 31st As at 31st As at 31st As at 31st As at 31st March, 1938. March. 1939. tember, 1938. March, 1938. March, 1939. March, 1938. March, 1939. March, 1938. March, 1939. March, 1938. March, 1939. March, 1938. March, 1939. i I I Assets. £ £ £ £ £ £ £ £ £ £ £ £ £ Cash in hand and in bank .. 66 ~6 1,527 1,408 982 1,324 2,008 1,080 1,166 3,565 1,927 1,459 1,289 Investments .. .. .. .. .. .. 100 100 .. .. 500 500 1,204 1,250 4,256 3,430 Sundry debtors .. .. 1,074 796 .. 539 363 755 474 418 362 638 422 774 851 Payment in advance .. .. .. .. .. .. .. .. 1,412 . . .. 504 344 82 Machines and equipment .. 10,545 12,269 1,197 1,303 2,267 1,865 34 1,912 1,537 4,250 6,534 2,628 6,514 Land and buildings .. .. 17,998 15,081 194 3,070 2,968 .. .. 4,836 4,786 .. .. 6,515 6,423 Stock on hand .. .. 447 713 .. 104 134 66 86 361 509 306 232 533 557 Income and expenditure account Totals .. .. 30,130 28,865 2,918 6,524 6,814 4,010 4,014 9,107 8,860 10,467 10,709 16,247 19,064 Liabilities. £ | £ £ £ £ £ £ £ £ £ £ £ £ Bank overdraft .. .. 6,708 5,362 .. .. .. .. .. .. .. .. 133 Sundry creditors • .. 1,166 907 .. 383 220 262 304 158 169 545 1,015 757 788 Loans and mortgages .. .. .. 246 .. .. .. 500 200 2,310 2,200 New Zealand Government loan .. 3,600 4,189 .. 1,000 1,016 1,500 .. 1,600 1,011 3,250 2,180 .. 2,432 Reserves: Depreciation, repairs, 2,277 2,250 34 .. .. 990 1,390 1,089 1,451 464 1,162 256 534 funds, &c. Miscellaneous .. .. .. 136 263 19 160 109 .. 28 17 .. 61 25 39 41 Accumulated funds .. .. 16,243 15,648 2,865 4,981 5,469 758 2,092 3,933 4,029 6,147 6,194 15,195 15,269 Totals .. .. 30,130 28,865 2,918 6,524 6,814 4,010 4,014 9,107 8,860 10,467 10,709 16,247f 19,064 Flying-hours. ! I I 3,586 3,404 901 1,561 1,161 1,282 1,670 1,219 910 2,520 2,895 1,589 2,353 * Combined Balance-sheet of Western Federated, Xew Plymouth, and Wanganni Aero Clubs. t Liability to Government not shown in Balance-sheet (ZK-AGA).