H.—36

PRINTING AND STATIONERY DEPARTMENT —continued. Profit and Loss Account for the Year ended 31st March, 1940. Dr. £ Gr. £ Office salaries .. .. .. .. .. 8,379 Balance transferred from Trading Account .. .. 37,806 Repairs and alterations to buildings and plant .. 1,132 Storing and handling stationery, &c., for other Government Postages and telegrams .. .. .. .. 1,439 Departments .. .. .. 1,483 Freight and cartage (outwards) .. .. . 3,460 Commission on sales of publications .. .. .. 1,501 Insurance .. .. .. .. .. .. 237 Rent receivable .. .. .. .. .. 236 Exchange .. .. .. .. .. .. 23 Discounts allowed .. .. .. .. .. 146 Telephones (rental) .. .. . . .. . . 119 Medical services .... .. .. 16 Lighting, &c. (proportion) .. .. .. . . 62 Proportion of rent, &c., High Commissioner's Office . . 340 Office expenses .. .. .. .. .. 338 Sundry trade expenses .. .. .. .. 749 Audit fee .. . . .. .. .. .. 150 Wages: Cleaners, watchmen, &c. .. .. .. 2,510 Interest on capital .. .. .. .. .. 9,720 Depreciation— £ Buildings .. .. .. .. 1,012 Plant and machinery . . .. .. 6,557 Furniture, fittings, and office equipment . . 87 Type and type metal .. .. . . 106 Accessories .. . .. .. 493 8,255 Losses on disposal of assets .. .. .. .. 16 Rent of storage space .. .. ■. ■ ■ 866 Centennial Exhibition . Cost of exhibits, &c. .. .. 194 Balance carried down .. .. .. .. 2,875 £41,026 £41,026 £ Balance brought down .. .. .. .. 2,875

Balance-sheet as at 31st March, 1940. Liabilities. Assets. £ Capital Account— £ £ Land .. .. .. .. .. .. 54,359 Public Works Fund .. .. .. 112,623 Buildings .. .. .. . . .. 34,992 Consolidated Fund .. .. .. 130,375 Plant and machinery— £ 242,998 Composing plant .. .. .. 1,181 Creditors — Machine composing plant .. .. .. 7,497 Departmental . . .. .. .. 2,045 Addressograph plant .. .. .. 93 Sundry .. .. .. .. 10,221 Printing plant .. .. .. .. 10,908 12,266 Binding plant .. .. .. .. 6,344 Wages accrued .. .. .. .. .. 2,813 Litho plant .. .. .. .. 3,173 Bad Debts Reserve .. .. . . .. 164 Photo plant .. . . .. 1,134 Writing-off, Suspense Account .. .. .. 205 Stereotype plant . . .. .. .. 692 Balance, Profit and Loss Account .. .. .. 2,875 Engine-room plant .. .. .. 516 Miscellaneous plant .. .. .. 4,792 36,330 Furniture, fittings, and office equipment . . .. 701 Type and type metal .. .. .. .. 12,135 Accessories— Composing Branch .. .. .. 1,707 Machine Composing Branch .. .. 47 Printing Branch .. .. .. .. 44 Binding Branch .. .. .. .. 276 Litho Branch .. .. .. .. 72 Photo Branch .. .. .. .. 28 Stereotype Branch .. .. . . 10 Engine-room .. . . .. .. 80 Paper-store .. .. .. .. 139 _____ 2,403 Payments in advance .. .. .. .. 16 Debtors— Departmental .. .. .. .. 15,238 Sundry .. .. .. ~ 3,426 • — 18,664 Work in progress .. .. .. .. .. 18,219 Stock—On hand .. .. .. .. 43,403 In transit .. .. .. .. 46 On consignment .. .. .. .. 176 43,625 Stock Suspense Account .. .. .. .. 189 Assets to be written off .. .. .. .. 16 Treasury Adjustment Account .. .. .. 39,672 £261,321 £261,321

A. W. Gyles, A.R.A.N.Z., Accountant.

1 hereby certify that the Receipts and Payments, Trading, and Profit and Loss Accounts 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 explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV], and to the comment that the asset " Type and type metal, £12,135," is not supported by stock-sheets. —Cyril G-. Collins, Controller and Auditor-General.

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