B.—l [Pt. Ill].

66

VALUATION DEPARTMENT. Balance-sheet as at 31st March, 1921. Liabilities. Assets. Capital Account—Liability to Treasury, £ s. d. Office furniture, fittings, and £ s. d. £ s. d. Ist April, 1920 .. .. .. 40,719 5 6 equipment .. .. 2,768 13 1 Sundry creditors .. .. .. 730 5 3 Add additions .. 308 4 6 Treasury Adjustment Account .. 26,928 18 9 3,076 17 7 Less depreciation .. 230 15 4 2,846 2 3 Office maps .. .. 12,056 5 1 Add additions .. 633 14 11 12,690 0 0 Stationery .. .. .. 1,574 15 11 Sundry debtors— Contributions accrued .. 33,249 1 6 Fees outstanding .. 3,549 12 1 On open account (motorcars) .. .. 2,194 2 4 38,992 15 11 Excess of expenditure over income .. .. .. 12,274 15 5 £68,378 9 6 £68,378 9 6 Income and Expenditure Account for the Year ended 31st March, 1921. Expenditure. £ s. d. Income. £ s. d. To Salaries .. .. .. .. 41,743 19 1 By Fees charged for valuer's reports, &c. .. 34,066 10 7 Advertising, books, newspapers, and Local bodies' contributions accrued at other publications .. .. 87 13 6 31st March, 1921 .. .. 15,875 0 0 Assessment Court expenses .. .. 174 0 6 Land-tax contributions accrued at Contracts for revising districts .. 4,028 10 7 31st March, 1921 .. .. 15,875 0 0 Fees to valuers .. .. .. 17,233 18 7 State Advances Office contribution .. 1,000 0 0 Freight, cartage, and transport charges 51 14 4 Excess of expenditure over income for Fuel, light, power, and water .. 22 19 8 the year .. .. .. 10,442 8 1 Law-costs.. .. .. .. 8 7 6 Maps, tracings, &c.. . .. .. 158 8 9 Office expenses .. .. .. 2,436 11 3 Payment to Post and Telegraph Department for services of officers .. 50 0 0 Postages, telegrams, and rent of boxes.. 1,222 15 4 Rent .. .. .. .. 1,830 0 0 Telephone services (including installation, extensions, maintenance, rent, and calls) .. .. .. 301 9 6 Travelling allowances and expenses .. 7,677 14 9 Depreciation on office furniture, fittings, and equipment ... .. .. 230 15 4 £77,258 18 8 £77,258 18 8 To Balance brought down, exclusive of £ s. d. £ s. d. interest .. .. .. 10,442 8 1 By Balance after charging interest .. 12,274 15 5 Interest .. .. .. .. 1,832 7 4 £12,274 15 5 £12,274 15 5 25th November, 1921. F. W. Flanagan, Valuer-General.