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NEW ZEALAND SHEEP-SKIN CONTROL Purchase and Sale and Revenue Account for Twelve Months to 30th June, 1943 Dr. £ Or. £ Stooks, 30th June, 1942 . . <16,989 Sales 758,003 Purchasos .. .. .. .. .. 075,928 Stocks, 30th June, 1943 .. .. .. •• 125,598 Working-charges and trading-expenses .. .. 134,021 Gross surplus .. .. . . • • • ■ 6,663 £884,201 £884,201 Administration expenses — £ £ £ Salaries 9,018 Gross surplus «,663 Travelling-expenses .. .. • ■ 1, 345 Net deficit Postage and telegrams .. . . .. 344 Telephones .. . . .. ■ • 722 Stationery .. . . .. • • 541 Exchange .. • ■ • ■ • • 01 Interest .. •• •• 1,872 Sundry .. •■ ■ • • • 472 Rent . . • • • • • • • • ' 740 Advertising .. .. ■ • ■ • 36 15,151 £157151 £15.151 Balance-sheet as at 30th June, 1943 Liabilities £ Assets £ £ Sundry Products Account .. .. .. ..196,670 Furniture and fittings .. .. .. 562 Sundry creditors .. .. •• •• •• 31,619 Motor-car .. .. .. IjB Pool Account— £ Qnn Balance, 30th June, 1942.. .. .. 13,101 Sundry debtors .. .. .. •• •• 100,809 Less deficit for year .. .. .. 8,488 Stocks — ■ 4,013 Skins, wool, pelts .. .. .. 125,598 Fellmongers' material .. .. .. 5,495 131,093 Cash .. .. .. ■ ■ • • •• 220 £232,902 , £232,902 R. C. Burgess, Controller. MARKETING DEPARTMENT (EXPORT DIVISION) Balance-sheet as at 31st July, 1943 Liabilities Assets ® Reserve Bank of New Zealand-— £ £ Sundry debtors for produce and amounts accrued due 4,154,275 Dairy Industry Account .. .. 1,842,805 Stocks .. .. .. .. •• 5,953, 739 Meat Industry Account .. ..4,663,506 Office and departmental equipment .. .. 4,1W Advances to Sheep-skin Controller .. .. 221,778 0,506,311 Advances on produce .. .. .. 299 L egs £ Dairy-produce Account .. •• •• 240,837 Wool Industry Account 1,411,523 Sundry Products Account 479,680 1,891,203 4,615,108 Less cash held in London .. .. 23,908 4,591,200 Sundry creditors for accrued charges and sundry credit balances .. .. ■ ■ .. 3,905,959 Meat Pool Account . . • • • • • • 1,883,547 Bobby Calf Pool Account .. .. .. ■ ■ 91,782 Net surpluses on administration allowances — £ Meat Account . . • ■ • • 53,567 Wool Account . . • • 86,006 Tallow Account . . • ■ ■ 9,657 War Office Contracts . . . . .. 4,940 { 154,170 Less deficits — £ Hides Account .. .. 51,441 Drugs Account .. .. 127 — 51,568 102,602 £10,575,090 £10,575,090 G. A. Duncan, Director. W. J. Pratley, Accountant. I hereby certify that the several Purchase and Sale and Revenue Accounts, Administration and General Expenses Accounts, together with the Balance-sheet as at 31st July, 1943, have been examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the following remarks relating to the separate Sheepskin Control Accounts : (a) The value of the stocks has been accepted at a figure fixed by the Sheepskin Controller ; (b) the Control has taken into account the trading for only eleven months, and has treated the purchases for the month of June as stock on hand valued at cost.—J. P. Rutherford, Deputy Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not given ; printing ( 1,400 copies), £70

By Authority: E, Y, Paul, Government Printer, Wellington. —1944,

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