B.—l [PT. IV].

INDUSTRIES AND COMMERCE DEPARTMENT. Income and Expenditure Account foe the Yeak ending 31st March, 1926. Expenditure. £ s. d. I Income. £ s. d. To Salaries, overtime, and meal allowances .. 6,203 19 4 By Rent of furniture .. .. .. 40 0 0 Advertising, periodicals, newspapers, &c. .. 89 9 9 Gas Regulations Account .. .. .. 132 14 4 Freight and cartage and removal of officers .. 82 9 8 Interest on loan (New Zealand and South Seas Fuel, light, and office cleaning .. .. 81 211 Exhibition) .. .. .. .. 30 4 1 Assistance to secondary industries .. .. 161 5 0 Balance carried down .. .. .. 11,202 3 I General expenses .. .. .. 459 0 2 Industrial exhibitions .. .. .. 135 0 9 Law-costs .. .. .. .. 1,347 17 8 Office requisites, printing, and stationery .. 185 17 11 Postages, telegrams, and rent boxes.. .. 447 3 11 Rent of offices .. .. .. .. 911 18 6 Travelling expenses and allowances .. .. 416 14 2 Railway passes issued to Trade Commissioners 695 12 6 Depreciation Account .. .. .. 187 9 3 £11,405 X 6 £11,405 1 6 £ s. d. To Balance brought down .. .. ... 11,202 3 1 £ s. d. Subsidies to steamer services .. .. 22,500 0 0 By Balance (excess of expenditure over income) .. 58,798 17 4 Subsidy to New Zealand and South Seas Exhibition .. .. .. 25,000 0 0 Interest on capital .. .. .. 96 14 3 £58,798 17 4 £58,798 17 4 Note. —The above account includes interest on capital for which the Department possesses no parliamentary appropriation. Profit and Loss Account with regard to the Sale of Reparation German Dyes for Period Ist April, 1924, to 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Balance at 31st March, 1926 .. .. .. 898 11 10 By Balance at 31st March, 1924, as per Trading and Profit and Loss Account .. .. .. 898 11 10 £898 11 10 £898 11 10 British Empire Exhibition. —Exhibition Commissioner's Account for the Period 13th October, 1922, to 31st March, 1926. Dr. £ s. d. £ s. d. Gr. £ s. d. To London expenditure .. .. .. 137,421 9 2 By London credits .. .. .. .. 18,180 15 3 New Zealand Accounts—■ Subsidy received from British Empire ExhibiGeneral expenses .. .. 6,357 7 3 tion authorities (1925) .. .. .. 30,000 0 0 Packing, handling, and shipping 1,661 4 8 New Zealand credits .. .. .. 7,805 510 Publicity .. .. 9,288 5 0 Exhibits on hand .. .. .. 1,683 3 8 Decorations, murals, &c. .. 861 17 2 Excess of expenditure over income .. .. 104,156 16 2 Maori craft and natural history 375 16 10 Photographs and films .. 1,891 9 2 Wool .. .. .. 307 3 7 Furniture .. .. 1,515 3 8 General exhibits .. .. 1,298 3 1 Insurance claims, &c. .. 848 1 4 — 24,404 11 9 £161,826 0 11 £161,826 0 11 Note. —Cost of Exhibition transferred to Treasury Adjustment Account. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 2,103 17 0 Office furniture and fittings— Depreciation Reserve Account .. .. 665 7 9 Wellington .. .. .. .. 755 15 7 Sundry creditors .. .. .. .. 4,495 15 I Christchurch .. .. .. .. 368 19 4 Treasury Adjustment Account .. .. 115,784 18 0 Auckland.. .. .. .. .. 185 9 3 Dunedin .. .. .. .. .. 76 17 8 Mechanical appliances— Wellington .. .. .. .. 289 4 0 Christchurch .. .. .. .. 169 17 10 Auckland.. .. .. .. .. 9860 Dunedin .. .. .. .. .. 50 12 0 Head Office library .. .. .. .. 137 15 0 Furniture, Melbourne .. .. .. 7 4 0 Half-share in refrigerating plant, London .. 270 13 8 Official stamps on hand .. .. .. 25 12 7 Expenditure in advance .. .. .. 6 16 3 Exhibits, &c., returned from Wembley .. .. 1,683 3 8 Sundry debtors .. .. .. .. 2,688 17 1 Government participation. New Zealand and South Seas Exhibition .. .. .. .. 27,435 16 7 Loan, New Zealand and South Seas Exhibition .. 30,000 0 0 Income and Expenditure Account (excess of expenditure over income) .. .. .. 58,798 17 4 £123,049 17 10 £123,049 17 10 G. W. Clinkard, M.Com., Acting-Secretary, Department of Industries and Commerce. 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, subject to the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

66