B.—] [Pr. IV

REPATRIATION DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1923. Expenditure. Revenue. £ s. d. £ s. d. £ s. d. By Excess of expenditure over income .. 119,466 6 3 To Sustenance .. .. 20 2 0 Training .. .. 1.1,886 10 2 Transportation .. 714 0 3 Medical foes .. .. 0 10 6 Valuation fees .. 110 Legal fees .. .. 27 19 6 Postages and telegrams 1,664 7 6 Printing and stationery 540 19 5 Salaries and honoraria • • 19,184 3 5 Travelling-expenses .. 201 10 2 General expenses .. 292 18 1 Furnishings .. .. 32 12 6 Advertising .. .. 34 10 9 Rent .. .. 1,606 15 10 Miscellaneous administrative expenses .. 136 7 0 36,351 1 1 Farm expenditure— Tauherenikau .. 4,377 6 2 Moa .... 76 10 1 Avonhead .. .. 109 12 4 4,563 8 7 Interest Account —Net loss as per attached statement .. .. 45,930 7 0 Provision for bad debts .. .. 13,766 12 2 Defalcations —Wellington and Dunedin loans .. .. .. .. 1,846 15 9 Depreciation—Buildings, furniture, and equipment .. .. .. 720 15 9 Losses on realization of assets — £ s. d. Weraroa buildings .. 468 II 5 Furniture and fittings 1., 444 8 0 Technical equipment 1,334 0 6 Tauherenikau buildings and equipment .. 7,219 12 3 Moa buildings, equipment, and stock .. 5,048 5 2 Avonhead equipment 772 8 7 16,287 5 11 £119,460 0 3 £119,466 6 3 Interest Account for the Year ended 31st March, 1923. £ s. d. £ s. d. To Interest charged on capital, 4£ per cent. By Intorest charged on loans .. .. 11,105 18 6 on £1,300,950 4s. 2d. .. .. 58,813 0 0 Interest accrued .. .. .. 1,776 14 6 Net loss to Income and Expenditure Aooount .. .. .. 45,930 7 0 £58,813 0 0 £58,813 0 0 Tauherenikau Farm Account for the Year ended 31st March, 1923. To Stocks on hand, Ist April, £ s. d. £ s. d. £ s. d. 1922— By Farm receipts .. .. .. 2,291 19 8 Crops, &c. .. .. 774 14 0 Net loss for year, transferred to Income Live-stock.. .. 1,828 18 0 and Expenditure Account.. .. 4,377 6 2 2,603 13 0 Expenses and purchases — Wages .. .. 2,017 19 5 Live-stock .. .. 85 4 0 Seeds .. .. 30 3 2 Rent .. .. 323 5 0 Repairs and maintenance .. .. 1,361 610 General expenses .. 247 15 5 4,065 12 10 £6,009 5 10 £0,669 5 10

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