B.—l [Pt. IV]

WESTPORT HARBOUR ACCOUNT Income and Expenditure Account for the Year ended 31st March, 1944 Expenditure £ Income . £ Dredging .. .. .. .. ~ 48,971 Special coal rate .. .. .. .. .. 20,194 Harbour maintenance .. .. ~ ~ 5,703 Endowment revenue .. .. .. .. 16,933 Breakwater protective works .. .. .. 2,007 Port dues .. .. .. .. .. .. 3,193 Working-expenses of tug and launch .. .. .. 98 Sale of stores, &c. .. .. .. .. .! '573 Office administration (local) .. .. .. .. 1,469 Hire of plant .. .. .. .. .. 2,225 Endowments: Administration expenses .. . . 474 Rent .. . . .. .. .. .. 101 Audit fees.. .. .. . . .. ~ 64 Use of transmission line .. .. .. ~ 24 Telephone services .. .. . . . . ~ 125 Supervision of explosives magazine .. .. .. 75 Compensation for accidents .. .. .. .. 128 Miscellaneous .. .. .. .. .. 32 Travelling-expenses.. .. .. .. .. 162 Balance carried down .. .. .. .. 34,603 Miscellaneous .. .. ~ .. ~ 3 Head Office administration ~ .. .. .. 600 Depreciation— £ Buildings .. .. .. .. 139 Dredge wharf, &c. .. . . .. 139 278 Interest on loans .. .. .. .. .. 17,871 £77,953 £77^953 £ £ Balance brought down .. .. .. .. 34,603 Excess expenditure over income carried down .. .. 41,074 Transfer to Sinking Eund .. .. ... .. 6,471 £41,074 £41,074 £ £ Excess expenditure over income, 31st March, 1944, General Reserve Account .. .. .. .. 113,429 brought down .. .. .. .. .. 41,074 Balance, 31st March, 1943.. .. .. .. 72,355 £113,429 £113,429 Receipts and Payments Account for the Year ended 31st March, 1944 Receipts £ s. d. Payments £ s. d. Marine revenue: Westport Harbour receipts .. 46,092 14 7 Refunds of revenue .. .. .. .. 118 11 10 Final charges : Adjustments.. .. .. 1,117 0 1 Westport Harbour payments .. .. .. 56,250 19 7 Credits in aid (gross) .. .. .. 191 15 3 Final charges adjustments .. .. .. 1,117 0 1 Balance carried down .. .. . . 10,085 1 7 £57,486 11 6 £57,486 11 _6 Treasury Adjustment Account £ b. d. £ s, d. Balance carried down .. .. .. 10,685 1 7 Balance brought down . .. .. .. 10,085 1 7 Administration charges : Head Office .. .. 600 0 0 £10,685 1 7 £10,685 1 7 .. , £ s. d. £ s. d. Balance carried down .. .. .. 138,936 14 11 Balance brought down .. .. .. 10,685 1 7 Balance, Ist April, 1943 .. .. 102,775 18 0 Interest on capital .. .. .. 17,870 16 8 Sinking Fund contribution .. .. .. 7,604 18 8 £138,936 14 11 £138,936 14 11 £ s. d. Balance brought down .. .. .. £138,936 14 11 Balance-sheet as at 31st March, 1944 Liabilities Assets Liability to Consolidated Fund— £ Endowment lands— £ £ Loan liability (National Development Loans Act, 1941, Leased.. .. .. .. .. 35,843 section 6) .. .. .. .. .. 120,715 Unleased .. .. 23,938 Other capital— ,-<) Finance Act, 1926, section 22 .. .. .. 94,354 Breakwaters .. .. .. .. ~ 344',333 Finance Act, 1932 section 16 .. .. .. 92,421 Training-walls .. .. .. .. 102,998 Protective works and relief channel .. .. .. 17,385 307,490 Limestone quarry .. .. .. ~ _ J2g Endowment capital .. .. .. .. 59,781 Gridiron.. .. .. .. . " 1 186 Sinking Fund .Reserve .. .. .. ..145,480 Dredge wharf .. .. 'f>sl General Reserve Account .. .. .. .. 41,077 Martin's Island .. .. .. " 700 Writing-off, Reserve Account .. .. .. 94 Harbour buildings.. . . .. . . " 1 COB Payments in advance .. .. .. .. 613 Dredges, tug " Mana," plant, &c. .. .. 5* 714 Creditors £ Cape Foulwind Railway .. .. .. s'2sl Departmental .. .. .. .. 625 Office furniture and fittings.. .. .. ~ 22 Sundry .. .. .. .. 5,103 Stock and stores .. .. .. .. 4,935 5,728 Breakwater Repairs Suspense Account .. .. 1 287 Treasury Adjustment Account .. .. ~ 138,937 Debtors— £ Accrued revenue .. .. ... 777 Departmental .. .. .. .. 1,498 Sundry .. .. ~ 2,472 1,747 Sinking Fund investments .. .. .. .. 145,480 Writing-off, Suspense Account .. .. .. 94 £699,200 B. W. Millier, Acting-Secretary of Marine. William C. Smith, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV]. —Cyril G. Collins, Controller and Auditor-General.

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