B—l [Ft. IV]

MARINE DEPARTMENT— continued ROCK OYSTER INDUSTRY Profit and Loss Account for the Year Ended 31st March, 1949 Dr. * | Or. £ Salaries and wages .. .. ■ • • • .. 7>878 Sales .. .. . . .. . • . • • . 0,944 Maintenance of ketch, launches, &c. . . .. • • 1,536 i Rent of depot .. .. .. . . .. .. 69 Freight and cartage .. .. .. .. •• 829 j Balance carried down .. .. .. .. ..1,682 Office expenses . . .. . . . • • • • • 9 | Rent, fuel, light, &c. .. . . .. . • • • 166 Stores and materials .. .. .. ■ • • • 885 Repairs and replacement of tools . . . . .. • • 41 Travelling-expenses .. . . .. ■ • • ■ 106 Wharfage and cranage .. .. .. . • • • 85 Administration expenses .. .. . . . • • • 150 Depreciation .. . • • • • • • • • • 1 £11,605 t £11,695 £ £ Balance brought down .. .. .. .. . • 1,682 Net loss .. .. .. .. .. .. .. 2,102 Interest on capital .. .. .. • • • • 420 £2,102 £2,102 I hereby certify that the Profit and Loss Account has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby.— J. P. Rutherford, Controller and Auditor-General.

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