B.—l [PT. IY].

TOURIST AND HEALTH RESORTS DEPARTMENT—continued. SYDNEY AND MELBOURNE. Working Account foe the Year ended 31st March, 1924. Dr. £ a. d. Cr. £ s. d. To Salaries and wages .. .. .. 1,614 15 7 By Net loss, to Income and Expenditure Rent, lighting, telephones, &c. .. 1,413 9 1 Account .. .. .. 3,104 15 2 Depreciation .. .. .. 32 14 10 Interest, on capital .. .. .. 43 15 8 £3,104 15 2 £3,104 15 2 Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. i Assets. £ s. d. Capital Account .. .. .. 417,631 14 3 J Land .. .. .. .. 184,660 0 5 Sundry creditors .. .. .. 2,482 14 10 £ s. d. Treasury Adjustment Account.. .. 47,006 12 8 Buildings .. 108,456 15 1 Reserve for depreciation .. .. 16,625 19 8 Add additions .. 3,308 13 6 111,765 8 7 Water and drainage systems .. .. 57,805 19 5 Add additions .. 16,691 19 3 74,497 18 8 Plant and machinery .. 27,980 9 1 Add additions .. 4,868 10 5 32,848 19 6 Furniture and fittings .. 15,161 19 5 Add additions .. 298 12 11 15,460 12 4 Wharves and beacons .. .. 5,407 15 6 Steamers, launches, and boats .. .. 5,229 6 9 Add additions .. 59 8 0 5,288 14 9 Bridges .. .. 3,532 0 0 Add additions .. 167 11 0 3,699 11 0 Motor vehicles.. .. 410 0 0 Add additions .. 255 3 7 665 3 7 j Garden implements .. 309 7 6 Add additions .. 128 15 9 438 3 3 Linen, cutlery, crockery, tools, guiding equipment, &c. .. .. .. 5,252 2 8 Live-stock .. . . . . .. 673 18 0 Telephone lines .. .. .. 1,249 14 7 Sundrv debtors .. .. .. 4,069 6 1 Stores" .. .. .. .. 2,093 19 5 Payments in advance.. .. .. 49 16 8 Excess of expenditure over income .. 35,625 16 5 £483,747 1 5 £483,747 1 5 B. M. Wilson, General Manager. J. Houston, Accountant. I hereby certify that the Income and Expenditure Account and balance-sheet, have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the accounts include charges against the Department for assessed rent, interest, and capital expenditure from Public Works Fund for which the Department possesses no parliamentary appropriations, and that no apportionment lias been made of Head Office administration expenses.—G. F. C. Campbell, Controller and Auditor-General.

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