B.—l [PT. IV]

STATE FOREST SERVICE UTILIZATION BRANCH, ROTORUA Working Accounts for the Year ended 31st March, 1943 Waipa Creosote Plant Dr. £ Cr. £ Stocks, Ist April, 1942 .. .. .. .. 15,257 Sales .. .. .. .. .. .. 20,942 Wages, creosote, timber purchases, &c. .. .. 21,523 Stocks, 31st March, 1943 .. .. .. .. 17,540 Balance to Profit and Loss Account .. .. .. 1,702 £38,482 £38,482 Waipa Sawmill and Box-factory Dr. £ Cr. £ Stocks, Ist April, 1942 .. .. .. .. 19,400 Sales .. .. .. .. .. .. 172,051 Logging, milling, kiln-drying, maintenance .. .. 164,328 Stocks, 31st March, 1943 .. .. .. .. 26,901 Balance to Profit and Loss Account .. .. .. 15,224 £198,952 £198,952 Profit and Loss Account for the Year ended 31st March, 1943 Dr. £ Cr. £ Profit and Loss Appropriation Account .. .. 16,926 Sawmill and Box Mill Working Account .. .. 15,224 Creosote Working Account .. .. .. .. 1,702 £16,926 £16,926 Appropriation Account Dr. Cr. £ Balance— £ £ Profit and Loss Account .. .. .. .. 16,926 General Account .. .. .. 10,765 Adjustment of interest, 1942 .. .. .. 675 Interest to Ist April, 1942 .. .. 25,451 Balance .. .. .. .. .. .. 33,413 36,219 Interest for year 1942-43 .. .. .. .. 14,798 £51,014 £51,014 Balance-sheet as at 31st March, 1943 Liabilities £ Assets £ Sundry creditors .. .. .. .. 4,828 Plant (at cost, less depreciation and reserves) .. 89,312 Head Office .. .. .. .. .. 368,864 Buildings and construction units (at oost, less deprecia- £ tion) . . .. .. .. .. .. 130,994 Main Balance-sheet figure .. •• 379,771 Departmental property and stores .. .. .. 23,656 Less South Island utilization plants .. 28,909 Stocks .. .. .. .. .. .. 44,441 Sundry debtors .. .. .. .. .. 22,830 350,862 Establishment account and miscellaneous .. .. 29,046 *Plus debtors .. .. .. .. 22,830 Appropriation Account .. .. .. .. 33,413 373,692 ♦Minus creditors .. .. .. 4,828 £368,864 £373,692 £373,692 * Incorporated in main Balance-sheet.

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