B.—l [Pt. IY].

DEFENCE DEPARTMENT—continued. Aviation Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Gr. £ s. d. To Pay, military, flying, and casual-duty flights .. .. 4,880 11 2 By Passenger flights and fees .. .. 357 10 0 Advertising, printing, stationery, postages, &c. ~ 152 16 8 Hire of horses .. .. .. 47 1 6 Travelling allowances and expenses, rail and steamer fares, Rents and grazing-rights .. .. 539 14 1 freights and cartage .. .. .. .. 1,623 810 Excess of expenditure over income Expenses and upkeep of machines, and stores consumed 13,108 12 2 (carried down) .. .. .. 27,366 16 0 Pay, travelling and other expenses of pilots attending refresher courses .. .. .. .. .. 1,237 12 4 Compensation and medical expenses in accident cases ~ 232 15 3 Miscellaneous charges .. .. .. .. 14 2 0 Maintenance of buildings and departmental rental value of buildings occupied .. .. .. .. 327 7 6 New Zealand's proportion of expenses of International Commission on Air Navigation .. .. .. 20 2 0 Loss on disposal of buildings to Public Works Department 1,050 0 0 Value of aeroplane and camera written off —destroyed in accident .. .. .. .. .. 1,506 10 2 Depreciation on— £ s. d. Aircraft and spares .. .. 4,139 6 8 Furniture .. .. .. 17 16 10 4,157 3 6 £28,311 1 7 £28,311 1 7 £ s. d. £ s. d. To Balance brought down .. .. .. .. 27,366 16 0 By Excess of expenditure over income Interest on capital, on £41,938 12s. Id., at 4£ per cent. .. 1,887 4 9 after charging interest on capital.. 29,254 0 9 £29,254 0 9 £29,254 0 9 Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. Capital Account—- £ s. d. Public Works FundLiability to Treasury at Ist April, 1925 3,701,525 2 2 Lands and buildings .. .. .. 827,725 1 6 Value of gifts from Imperial Govern- Consolidated Fund — ment and other sources .. .. 53,802 12 0 Armament, heavy gun and small-arms Treasury Adjustment Account .. 673,340 9 3 ammunition .. .. .. 735,187 14 8 Depreciation Reserve .. .. 52,095 11 1 Less Lower Hutt Fire Suspense Account 4,626 19 5 Stores Depreciation Reserve .. 273,692 19 5 730,560 15 3 Nelson Province Rifle Prize Fund .. 1,023 3 3 Ordnance stocks at vocabulary figures .. 1,983,584 15 1 Rents received in advance .. .. 127 19 9 Ordnance stocks at Disposals Depot .. .. 17,827 12 4 Sundry creditors .. .. .. 25,992 15 3 Unit equipment and stocks .. .. 417,835 6 5 Less Stock Suspense Account .. 112 8 0 417,722 18 5 Army Service Corps supplies .. .. 652 17 10 Stationery and publications .. .. .. 3,672 5 7 Libraries .. .. .. .. 962 18 0 Medals and ribands .. .. .. 6,059 6 0 Defence vessel " Janie Seddon " .. 3,724 11 10 Consumable stores on board .. 12 4 6 — 3,736 16 4 Aircraft, spares and stores .. .. .. 64,929 0 3 Oils and spirits (aircraft) .. .. .. 1,529 13 5 Wireless installations .. .. .. 1,517112 Furniture.. .. .. .. .. 26,970 7 6 Power-house machinery .. .. 3,170 6 0 Power-house stores.. .. .. 102 18 8 3,273 4 8 Horses at valuation . . .. . . 693 10 4 Nelson Province Rifle Prize Fund .. 1,000 0 0 Balance of interest on same in Deposits Account .. .. 23 3 3 1,023 3 3 Sundry debtors .. .. .. 1,198 010 Rents accrued .. .. .. 254 17 2 1,452 18 0 Stamps (including stamps and cash in Regimental Funds Grant Accounts) .. 879 6 3 Assets in Suspense Account pending authority to write off .. .. 3,447 3 0 Less writings-off Suspense Account.. 3,447 3 0 Excess of expenditure over income— Aviation Revenue Account .. 29,254 0 9 Headquarters General Activities Revenue Account .. .. 227,150 18 9 Territorials Revenue Account .. 193,442 10 2 Cadets Revenue Account .. .. 88,830 4 9 Army Ordnance Stores Revenue Account .. .. .. 146,840 18 0 "Janie Seddon" Revenue Account 1,307 18 7 686,826 11 0 £4,781,600 12 2 j £4,781,600 12 2 Note. —The accounts include transfers of assets to and from other Departments for which no parliamentary appropriation is possessed. H. M. Grifeen, Lieut.-Colonel, Director of Financial Services. L. C. Forgie, Major, Accountant. I hereby certify that the Revenue 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, subject to the above departmental note. —G. F. C. Campbell, Controller and Auditor-General.

3—B. 1 [PT. IY].

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