H.—45.

Summary of Profit Distributions paid ancillary to the Co-operative Contracting Scheme by Bodies other than the Waterfront Control Commission for the Year ended 31st March, 1941.

General Revenue Account for the Year ended 31st March, 1941. Expenditure. £ Income. £ Wages advances .. .. .. .. 351,415 Contracts .. .. .. 407,289 Working-expenses— Per Cent. £ 51-83 Check Timekeepers .. ..3,798 1• 23 Depreciation : Office furniture and fittings .. .. .. 90 0■ 72 Insurance : Check Timekeepers 53 9-21 Pay Office Levies .. .. 675 3• 50 Printing and stationery .. 250 3-47 Rent of offices .. .. 255 20-66 Salaries .. .. .. 1,514 5-29 Sundries: including office cleaning, postages, telephone rentals, tolls, &c. .. .. 387 4-09 Travelling-expenses .. .. 300 7,328 100-00 Balance, carried down to Appropriation Account 48,546 £407,289 £407,289 Appropriation Account for the Year ended 31st March, 1941. Dr. £ Cr. £ Profit distributions .. .. .. .. 42,797 Balance, brought down from General Revenue Stevedoring Gear Purchase Reserve .. .. 4,000 Account .. .. .. .. 48,546 Balance carried down to Accumulated Funds Account .. .. .. .. 1,749 £48,546 I £48,546 _______ . ____________= Accumulated Funds Account for the Year ended 31st March, 1941. I Balance, brought down from Appropriation £ I Account .. .. .. .. 1,749 Balance-sheet as at 31st March, 1941. Liabilities. £ £ Assets. £ £ Profit distributions .. .. ..42,797 CashLess paid out to 31st March, 1941 .. 31,234 At Bank of New Zealand.. .. 6,007 11,563 In hand .. .. .. 5 Stevedoring Gear Purchase Reserve .. .. 4,000 6,012 Accumulated funds : Balance brought in for year 1,749 Sundry debtors — Contracts .. .. .. .. 10,404 Waterside Central Pay Offices— Bluff .. .. ' .. .. 268 Lyttelton .. .. .. 226 Wellington .. .. .. 1 495 Office furniture and fittings : Purchases for year .. .. .. 491 Less depreciation .. .. 90 401 £17,312 £17,312 Note.—The above accounts refer to income and expenditure in connection with the co-operative contracting system. Other administration expenses are paid from the Consolidated Fund, and details of the expenditure may be seen in the annual accounts of the Labour Department. Income and Expenditure Accounts and Balance-sheets of Bureaux and Pay Offices controlled by the Commission are summarized in a separate statement included in the Appendix. A. E. Bockett, Secretary. I hereby certify that the General Revenue Account and Balance-sheet relating to co-operative contracts of the Waterfront Control Commission have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby.— Cyril G. Collins, Controller and Auditor-General.

3—H. 45.

11

Amount of Total Wellington N.Z. KeftSatin" jS Port. Class of Vessel. Profit Labour- Harbour Government ' AtTiM iwu Distributed. hours. Board. Railways. pe?Hour. £ £ £ £ s. d, Wellington .. Overseas (loading) .. 320 5.679J* 320 .. .. 1 1-51* „ (discharging) 1,015 38,554| 1,015 .. .. 0 6-32 .. Union Co. .. .. 769 42,145$ 769 .. .. 0 4-38 Lyttelton .. .. Overseas .. .. 440 10,269 .. 440 .. 0 10-28 Port Chalmers .. „ .. .. 6 79| .. 6 .. 1 6'01 New Plymouth .. „ .. .. 359 10,3791 ... . 359 .. 0 8-29 Wanganui .. „ .. .. 76 .1,521 .. .. 76 1 0-00 Picton .. .. „ .. .. 27 500 .. 27 .. I 1-00 Timaru .. .. •„ .. .. 186 3,843 .. 186 .. 0 11-63 Bluff .. .. „ .. .. 646 13,6571 .. 646 .. 0 11-35 Totals .. .. 3,844 126,628J 2,104 1,664 76 0 7-27 * Represents profit distributed on winch-hours ; all other profits distributed on total labour-hours.