H—24

Dr. £ s. d. Or. £ s. d. Net losses brought down .. .. .. .. 14,198 15 11 Net profits brought down .. .. .. .. 40,760 14 8 Balance to Profit and Loss Appropriation Account . . 26,561 18 9 £40,760 14 8 £40,760 14 8

INVERCARGILL LICENSING TRUST— continued Profit and Loss Accounts for the Year ended 31st March, 1947

4

Appleby Avenal Brown Owl Cecil Clyde Desehler Grand Head Kelvin Rugby Park Southland Totals. Hotel. Hotel. Restaurant. Hotel. Hotel. Hotel. Hotel. Office. Hotel. Bottle-store. Hotel. Br. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Wages: Staff 2262 4 1 1682 13 3 14315 17 0 1713 0 8 3970 17 3 4598 7 0 10993 7 11 3897 15 8 5252 8 9 Ill 17 2 1060 19 4 49859 8 1 Salary: Manager 529 12 3 503 6 11 780 0 0 592 11 5 494 0 0 592 15 4 1513 2 5 1075 0 0 938 0 0 107 16 3 195 0 0 7321 4 7 Honoraria: Trust 10505 0 0 1050 0 0 members Expenses 299 18 0 238 11 5 1056 11 1 228 9 9 190 14 3 570 17 9 1771 0 6 1523 15 10 205 18 5 40 14 10 163 12 8 6290 4 6 Cartage and freight .. 2 3 9 5 9 9 197 9 5 0 17 0 2 0 0 6 17 49 0 11 2763 2 0 4 16 3 9 12 6 3040 13 2 Truck-running Furniture replacement 198 0 7 198 0 7 117 5 6 245 io 10 1823 6 11 376 io 0 199 5 11 819 5 9 1990 13 6 1 8 4 335 1 5 26 16 1 5935 4 3 Maintenance 124 10 9 257 4 10 1230 13 11 255 17 2 175 6 1 607 0 10 2746 12 0 523 5 11 166 16 5 58 16 0 105 6 10 6251 10 9 Bents, rates, insurance 100 13 0 117 11 10 1184 10 4 501 10 8 87 9 6 278 7 8 1885 16 11 438 12 5 490 13 3 33 14 0 52 12 5 1 5171 12 0 Interest 103 14 3 193 4 8 1844 11 0 897 19 2 261 14 3 478 1 2 3712 15 10 617 2 5 246 3 8 92 0 10 560 0 3 9007 7 6 Laundry 20 4 2 104 7 11 10 9 5 138 12 6 44 6 3 309 10 8 694 4 8 62 15 11 99 10 7 14S4 2 1 Land-tax 1009 1 0 1009 1 0 DepreciationBuildings 51 4 10 54 8 6 526 1 9 267 G 2 153 3 8 118 3 5 1168 0 5 274 10 6 156 17 10 32 0 8 82 7 5 2884 5 2 Furniture 102 10 8 173 13 1(J 1018 10 11 179 11 9 214 19 4 422 5 2 1511 19 6 155 0 2 205 13 6 8 6 6 179 16 7 4172 7 11 Plant .. 76 8 3 15 19 6 943 3 3 1035 11 0 Trucks 159 12 2 159 12 2 Unauthorized expenditure Net profit .. 126 14 9 126 14 9 6410 8 3 104 4 4 2925 15 7 9032 18 10 267 18 5 6905 2 9 14761 15 1 295 19 11 56 11 6 40760 14 8 10124 9 6 3680 8 1 24064 10 0 8094 1 4 14826 15 4 9068 14 9 35885 0 7 13813 1 9 22827 0 6 781 6 2 2592 6 2 145757 14 2" Cr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s.d. £ s. d. £ s. d. £ s.d. £ s. d. Gross profit 10124 9 6 3680 8 1 22380 15 7 8094 1 4 14826 15 4 9068 14 9 35885 0 7 *1298 0 3 22827 0 6 781 6 2 2592 6 2 131558 18 3 Net loss 1683 14 5 12515 1 6 14198 15 11 10124 9 6 3680 8 1 24064 10 0 8094 1 4 14826 15 4 9068 14 9 35885 0 7 13813 1 9 22827 0 6 781 6 2 2592 6 2 145757 14 2 *Cel lar profit, £7 39 3s. lOd.; goods profit, £31 13s. 2d.; Divident Account, £375 6s. 6d .; rents, £151 16s. 9d.