B.—l [Pt. 111, Sup.*

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REPATRIATION DEPARTMENT— continued. Tauherenikau Training-farm Working Account for the Year ended 31st March, 1922. Dr. i Cr. £ s. d. Stocks on hand, Ist April, 1921— £ s. d. j Sales .. .. .. .. 2,002 9 4 Live-stock .. .. .. 1,963 13 6 Stocks at close— Crops and produce .. .. .. 915 9 8 Live-stock .. .. .. 1,828 1.8 6 Clothing .. .. .. .. 172 19 10 Crops, wool, and produce .. .. 774 14 6 Expenses— Clothing .. .. .. .. 172 4 0 Wages .. .. .. .. 2,629 4 7 ; Loss, to Income and Expenditure Account 5,439 18 3 Seeds .. .. .. .. 27 16 2 : Live-stock .. .. .. 695 10 0 Rent .. .. .. .. 431 0 0 Repairs and maintenance .. .. 2,507 10 3 General expenses—Clothing .. .. 334 0 7 Depreciation .. .. .. 541 0 0 £10,218 4 7 £10.218 4 7 Balance-sheet as at 31st March, 1.922 Liabilities. Assets. Capital Account — £ s. d. £ s. d. Loans Investment Account — £ s. d. £ s. d. Advances from War Principal not yet pay- 781,779 0 8 Expenses Account at able Ist April, 1921 ..1,473,59112 5 Principal overdue ..106,770 19 11 Less net repayments, 1921-22 .. 48,755 13 7 888,550 0 7 1,424,835 18 10 Less reserve for bad Treasury Interest Account—Liability for and doubtful debtors 25,517 14 9 period 1921-22 .. .. .. 44,778 3 9 863,0.32 5 10 Sundry creditors .. .. .. 20,233 6 3 Interest due and overdue 4,433 2 6 Suspense Account —Overpaid loans .. 54 9 1 Interest accrued not due 1,793 18 0 6,227 0 6 Eurniture and fittings .. 4,772 19 7 Depreciation .. 278 5 4 4,494 14 3 Farm assets—Buildings— Moa .. .. 4,098 14 3 Tauherenikau .. 7,941 17 0 Avonhead .. .. 3,506 17 6 15,547 8 9 Depreciation .. 622 0 0 14,925 8 9 Ruakura .. .. 7,268 5 4 Weraroa .. .. 996 0 0 8,264 5 4 Depreciation .. 330 0 0 7,9314 5 4 . Equipment— Moa .. .. 1,3192 0 11 Tauherenikau .. 2,343 12 6 Avonhead .. .. 1,112 18 7 4,848 12 0 Depreciation .. 500 0 0 4,348 12 0 Live-stock— Moa .. .. 462 12 0 Tauherenikau .. .. .. 1,828 18 6 Crops and produce— Moa .. .. .. .. 1,872 15 0 Tauherenikau .. .. .. 774 14 (i Clothing—Tauherenikau .. .. 172 4 0 Stationery- . . .. .. .. 200 1 8 £ s. d. Equipment, technical .. 6,385 0 5 Less loss on realization 4,710 10 8 1,674 9 9 Sundry debtors .. .. .. 127 14 6 Excess of expenditure over income— £ s. d. Balance at Ist April, 1921 .. .. 400,636 0 5 Add net expenditure, 1921-22 .. .. 181,190 0 11 581,826 1 4 £1,489,901 17 11 £1,489,901. 17 II 23rd May, 1.922. J. R. Samson, Director of Repatriation. E. Riddle, Accountant. I hereby certify that the Farm Working Accounts, Income and Expenditure Account and balancesheet 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.