B.—9a.

PUBLIC TRUST OFFlCE—continued. Profit and Loss for the Year ended 31st March, 1941. Dr. £ Cr. £ Salaries .. .. .. .. .. 272,259 Commission, and other income (net) .. .. .. 397,393 Overtime .. .. .. .. 422 Service eharges-— £ Agents' commission .. .. .. 3,285 Services of High Commissioner .. .. 1,260 Services of General Post Office .. .. 896 5,441 Audit of books and accounts .. .. .. 850 Maintenance of premises and plant: Repairs, insurance, &c. 6,066 Rent .. .. .. .. .. .. 2,188 General eharges— ' £ Advertising .. .. .. .. 3,813 Cleaning, heating, lighting, and power .. 6,444 Legal expenses .. .. .. .. 195 Rates .. .. .. .. .. 927 Miscellaneous payments .. .. .. 461 Postages and freight .. .. .. 7,196 Stamp duty on receipts and cheques .. 1,631 Telephone subscriptions .. .. .. 1,874 Printing, stationery, and requisites .. 3,632 Travelling-expenses .. .. 3,437 Salaries and expenses of Farm Inspectors .. 5,074 Salaries of Custodians and staff .. .. 8,900 43,584 Amount written off under section 43, Public Trust Office Amendment Act, 1913 .. . . . . .. 355 Compassionate allowances to dependants of deceased officers .. .. .. .. .. 362 Losses on realization of mortgages and of mortgage securities acquired, and reserve for anticipated losses on mortgages . . .. .. .. .. 23,755 Depreciation on office premises, furniture, plant, &c. .. 16,912 Contribution to subsidv to Public Service Superannuation Fund .. .. .. .. .. .. 3,086 Land-tax .. .. .. .. .. 4,476 New Zealand Centennial Exhibition .. .. .. 46 Reserve for taxation .. .. .. .. 518 Balance, being net profit for year, transferred to Appropriation Account .. .. .. .. .. 17,073 £397,393 £397,393 E. O. Hales, Public Trustee. F. Menneer, Chief Accountant. Profit and Loss Appropriation Account for the Year ended 31st March, 1941. Dr. £ Cr. £ •Consolidated Fund : One-half profits for year ended 31st Balance .. .. .. .. ~ .. 8,489 March, 1940, payable in accordance with section 24 (1) Profit and Loss Account: Balanoe transferred .. 17,073 of the Finance Act, 1929 .. .. .. .. 8,489 Investment Fluctuation Account .. .. .. 8,53.6 Balance .. .. .. .. .. .. 8,537 £25,562 £25,562 £ Balance .. .. ~ . . . . 8,537 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant.

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