H—30a

31

Dr. £ (Jr. £ Expenditure to date .. .. .. .. .. 1,254 Subsidy .. .. .. .. .. .. .. 25,000 Balance .. .. .. .. .. .. .. 23,746 £25,000 £25,000 Paper Bags Trading Account for the Year ended 31st December, 1944 Dr. £ Cr. £ Stock on hand, Ist January, 1944 .. .. .. .. 25,045 Sales .. .. .. .. .. .. .. 3,490 Purchases .. .. .. .. .. .. 227 Stock on hand, 31st December, 1944 .. .. ..15,133 Freight and cartage .. . . .. .. .. 78 Net loss .. .. .. .. .. .. .. 7,087 Wharfage .. . . . . .. .. . . 6 Storage .. .. .. .. .. .. .. 333 Duty .. .. .. .. .. .. .. 19 Printing and stationery .. .. .. .. .. 2 £25,710 £25,710 Balance-sheet as at 31st December, 1944 Liabilities Assets Dr. £ Cr. £ Sundry creditors .. .. .. .. .. .. 169,449 Cash in hand .. ... .. .. .. .. 35 Uneconomic Orchards Subsidy Account .. .. .. 23,746 Cash at banks .. .. .. .. .. .. 125 Reserve Bank of New Zealand .. .. .. .. 601,111 Stock: Paper bags .. .. .. .. .. 15,133 Growers' Pool Account .. .. .. .. .. 318 Sundry debtors .. .. .. .. .. .. 106,435 £ Appropriation balance, 1943 .. .. .. 665,809 Add net loss paper bags, 1944 .. .. .. 7,087 £794,624 £794,624 P. P. Fraser, Director. W. Lawson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts 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 value of stocks of paper bags being as stated by the Internal Marketing Division.— J. P. Rutherford, Controller and Auditor-General.

Approximate Cost of Paper. — Preparation, not given; printing (1,08 copies), £72 10s.

By Authority: E. V. Paul, Government Printer, Wellington.— 1946.

Price <Jd.\