H.—3o

DAIRY PRODUCE Administration and General Expenses Account tor the Year ended 31st July, 1943 United Kingdom. New Zealand. Total. Dr. £ £ £ Gr. Salaries .. .. •• •• •• • 9,221 7,588 16,809 Miscellaneous recoveries .. .. .. .. • • •• •• 237 Office rent, maintenance, cleaning, telephone, and sundry expenses 862 1,746 2,608 Allocation of net expenses to Purchase and Sale Accounts Postages, cables, printing, and stationery .. .. .. 142 1,195 1,337 1941-42 season s produce Travelling-expenses .. .. .. .. - - 3 90 93 Creamery butter .. .. .. .. .. • • 417 Subscriptions, donations, and entertainment . . . . 50 .. 50 Whey butter .. .. .. .. .. - • • • 18 Shipping inspection .. .. .. •• •• 1,601 454 2,055 Cheese .. .. •• •• •• •• 9- J Agency expenses: Lyttelton .. .. .. - • • 225 225 Processed milk .. .. .. .. .. • • • • 77 Audit fees .............. 207 207 -— 1.441 Depreciation .. .. .. .. •• 290 244 534 1942-43 season s produce— Creamery butter . . .. .. .. . • 32,665 £12,169 £11,749 23,918 Whey butter .. .. .. .. .. .. .. 778 =_ _ Cheese 16,761 Advertising in United Kingdom .. .. .. .. ■■ 2,352 Processed milt .. .. .. .. ■. •• •• 741 KA Miscellaneous expenses .. .. .. .. •• ■ ■ -• 212 Cost of remittances to dairy companies .. .. .. 4,242 Interest on overdraft at Reserve Bank .. .. .. .. 21,610 25,852 Subsidy, Public Service Superannuation Fund . . .. . • • • 289 £52,623 £52,623 Final Purchase and Sale and Revenue Accounts, 1941-42 Season's Dairy-produce Creamery Processed Creamery Processed Butter. Cheese. Milk. Total. Butter. Cheese. Milk. lotal. £ £ £ £ Sales net f.o.b. after 31st July, 1942, to United £ £ £ £ Stocks in store at 31st July, 1942 .. ..1,109,638 1,201,150 .. 2,310,788 Kingdom ..1,321,854 1,669,191 39,006 3,030,051 Purchases on basis net f.o.b. after 31st July, 1942 209,428 466,538 38,809 714,775 Sales net f.o.b. after 31st July, 1942, to other desti{jfress surpluses on transactions after 31st July, 1942, nations .. .. .. .. •• 608 42,582 .. 43,190 carried down .. . • • • • • 3,396 44,085 19/ 47,6/8 ~ £1,322,462 £1,711,773 £39,006 £3,073,241 £1,322,46 2 £1,711,773 £39,006 £3,073,241 ===== ===== ===== ~ ■— ■ = Gross surpluses on transactions after 31st July, 1942, £ £ £ £ £ £ £ £ brought down .. .. •• •• 3,396 44,085 197 47,678 Administration and general expenses .. .. 416 929 77 1,422 ~~~~ ~7~~ Net surpluses on transactions after 31st July, 1942 2,980 43,156 120 46,256 £3,396 £44,085 £19/ £4/, 678 £3,396 £44,085 £197 £47,678 Net surpluses on transactions after 31st July, 1942, £ £ £ £ - == brought down .. .. •• •• 2,980 43,156 120 46,256 Balance, being final surplus on purchase and sale of 1941-42 season's production carried Net surpluses on transactions up to 31st July, 1942 to Dairv-nroduce Account .. .. .. .. .. . - • • 773,252 fas shown in accounts for year ended 31st July, J * 1942) .. .. .. •• •• 23,688 161,305 1,853 186,846 Net surplus on 1941-42 production .. .. £26,668 £204,461 £1,973 233,102 Recoveries from manufacturers of special milk products .. .. .. .. 253 Surplus on Cheese " Change-over " Account as at 31st July, 1942 .. .. .. 539,897 £773,252 £773,252

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