B.—l [Pt. 111, Sup.]

20

KAURI-GUM INDUSTRY. Receipts and Payments. Receipts. £ s. d. I Payments. £ s. d. Cash in hand, Ist April, 1921 .. .. 7,401 0 3 i Wages, &c., to workmen, overseers, and Sales of kauri-gum .. .. .. 22,942 11 5 : gum-buyers .. .. .. 3,0J7 1.7 3 Miscellaneous receipts .. .. 50 6 7 Plant, machinery, stores, &c. .. .. 1,203 5 3 Interest on inscribed stock .. .. 87 0 3 Purchases of kauri-gum .. .. 39,671 19 8 Letentures raised .. .. .. 22,000 0 0 Freights, &c. .. .. .. 3,894 10 11 General and office expenses, administration, &c. .. .. .. .. 1,540 6 7 Interest on loan debentures and sinking fund .. .. .. .. 1,207 12 8 Cash in hand, Treasury, 31st March, 1922 1,945 6 2 £52,480 18 6 £52,480 18 6 Trading Account. £ s. d. £ s . d. To Gum on hand, Ist April, 1921. .. 34,042 8 1 By Gum on hand, 31st March, 1922 .. 60,276 18 7 Purchases of gum .. .. 38,641 17 10 Sales of gum .. .. .. 21,852 6 I Wages .. .. .. . . 2,920 15 5 Gum sent on consignment .. .. 366 18 I Freights inward .. .. .. 2,209 2 2 Balance, being gross profit to Profit and Loss Account .. .. 4,681 19 3 £82,496 2 9 £82,496 2 9 Profit and Loss Account. £ s. d. £ s . d. To Freights outward .. .. .. 1,602 13 8 By Trading Account .. .. .. 4,681 19 3 General expenses .. .. ... 178 13 9 Timber Account .. .. .. 4126 Cables .. .. .. .. 49 11 0 Gum cases and sacks .. .. 393 7 7 Fire insurance .. .. .. 205 12 10 Printing and stationery .. .. 17 12 10 Depreciation .. ' .. .. 77 7 9 Travelling-expenses of Superintendent and staff .. .. .. 24 9 6 Rent .. .. .. - .. 300 0 0 Consumable stores .. .. 31 13 0 Salaries .. .. .. .. 645 8 4 Balance carried down .. .. 1,160 1 6 £4,686 11 9 £4,686 11 ~9 To Balance on Ist April, 1921 .. .. 4,154 4 3j By Balanco brought down .. .. 1,160 1 6 Interest on debentures .. .. 2,879 16 I|. Interest on inscribed stock .. 014 2 Balance carried to balance-sheet .. 5,873 4 8 £7,034 0 4 ; £7,0314 0 4 Balance-sheet. Liabilities. £ s. d. Assets. £ g, ( |. Loan Account, Debentures Land at face-works and elsewhere, with issued under Kauri-gum £ s. d. buildings, fences, and improvements .. 5,256 18 7 Industry Act, 1914 .. 75,000 0 0 Vacuum tank, fittings and plant, and Less sinking fund in hands royalty short-workings .. .. 2,900 610 of Treasury .. .. 102 12 8 Plant and store fittings .. .. 295 12 6 74 897 7 4 Tools, Auckland and depots .. .. 61 17 7 Crown Land Account .. .. 500 0 0 Live and dead stock .. .. .. 58 14 3 Sundry creditors for supplies, &o. .. 177 13 2 Furniture and office fittings .. .. 117 6 5 Sundry creditors for gum purchases .. 713 2 0 Sacks, gum-cases, and consumable stores 629 12 8 Interest on debentures .. .. 2,658 2 9 Charges paid in advance .. .. 100 12 8 Gum on hand .. .. .. 60,276 18 7 Gum on consignment .. .. 1,429 14 4 Cash on hand . . .. .. ], 945 (i 2 Profit and Loss Account .. .. 5,873 4 8 £78,946 5 3 £78,946 5 3 R. P. Greville, Kauri-gum. Superintendent. I hereby certify that the balance-sheet and supporting statements have been duly examined and compared with the relative books and documents submitted for audit and correctly state the position as disclosed thereby.- -G. F. C. Campbell, Controller and Auditor-General.