6

8.—9

Profit and Loss Account for the Year ended 31st March, 1913. Br O. £ s - d - To Salaries— £ »• d. £ s. d. By Commission and charges .. 28,500 6 7 Head Office.. .. .. .. .. 17,393 16 3 Interest, being surplus from investments .. .. .. .. .. «u,ia» ia iv Agencies '.'. '.'. '.'. '.'. .. .. 9,827 17 3 Rent — 27,221 lo 6 Freehold and leasehold premises .. .. .. rf.dlv o S Clerical assistance 1,161 4 3 Mortgage securities acquired 20 * 6 3 337 7 2 Agents' commission .. .. .. .. .. .. •• 3,346 12 3 > „ Audit of books and accounts .. .. ... .. .. .. 500 0 0 Miscellaneous receipts ..........• • • • '" IO Services of High Commissioner's Office .. .. .. .. ■ ■ 100 0 0 Services of General Post Office .. .. .. .. . • • • 917 211 Postages and freight .. .. .. .. .. •. ... 860 8 4 Rent,— Head Office.. .. .. .. .. .. 1,917 0 3 Agencies .. .. .. .. .. .. 481 511 2,398 6 4 Travelling-expenses .. .. .. .. ■. • • • • 733 0 4 stationery, and office requisites.. .. .. .. .. 2,345 9 9 Cleaning, lighting, repairs, &c. .. .. .. .• • • • ■ 1,049 7 1 Advertising .. .. .. .. .. • • . • • • • 373 9 2 Legal expenses .. .. _.. .. ■• • • ■ ■ 197 40 j Valuation fees .. .. .. .. • ■ • ■ • • 355 33 1 Defalcations of officer at Christchurch .. .. .. . . 442 18 5 i Compassionate allowance to widow of F. H. Morice, late District Manager at Dunedin 100 0 0 Expenses of Royal Commission (on account) .. .. . . .. 86 15 10 j Miscellaneous payments .. .. .. . ■ . • • • 573 8 8 Depreciation (office premises and furniture) .. .. ■■ •• 1,753 18 0 j Balance, being net profit for year, to Appropriation Account .. .. 27,551 84; £72T067~10~.""5 : £72,067 10 5 Profit and Loss : Appropriation Account. £ s d To Appropriations as under :— „. - „_ * " New premises,— £ s. d. £ s. d. By Balance Ist April, 1912 .. .. .. .. .... 31,167 4 1 Auckland 14 215 18 3 Balance from Profit and Loss Account, being net profit for year ended 31st Hawera '.'. '. 1,836 5 0 March, 1913 27,551 8 4 Greymouth .. .. .. .. .. 1,548 12 3 Wanganui .. .. .. • ■ •. 857 3 9 18,457 19 3 Safe-deposit lockers, Wellington . . . . .. .. .. 548 0 0 Furniture .. .. .. .. .. .. .. .. 671 16 9 Assurance and Reserve Fund .. .. .. .. .. 6,887171 Investment Fluctuation Reserve .. .. .. .. .. 2, (i 66 7 0 Balance .. .. 30,086 12 4 £si/nT72~5 I £58,718 12 5