B. —1 [PT. IY].

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STATE FOREST SERVlCE—continued. Eotorua Nursery.—Balance-sheet as at 31st March, 1926. JLiabilities. £ s. d. I Assets. £ s. d--2CL254 0 5 | Buildings .. .. •• •• •• q q Capital Account. ........ ■• q q - -A /\ Water-services Formation Live-stock .. .. . . .. .. 100 v Departmental property .. . . .. 1,930 11 4 Seed frames . . .. .. .. 590 0 0 Stores .. . . . . .. .. 863 18 0 Seed-beds, 1926-27 .. .. .. .. 114 3 2 Trees .. .. .. .. .. 8,996 9 0 Seeds .. .. .. .. .. 1,146 0 1 £20,254 0 5 £20,254 0 5 Note.—" Sundry creditors, £481 18s. 6d.," and " Sundry debtors, £434 ss. 9d.," are included in the general balance-sheet. WESTLAND NURSERY. Tree-growing Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Stock of trees at Ist April, 1925 (534,000 at By Trees to Westland Experiment Station .. 93 10 0 £2 2s. 6d. per 1,000) .. .. .. 1,135 19 6 Rents .. .. .. .. .. 78 8 4 Stock of seed at Ist April, 1925 —Cost 1925 seed- Consumable stores at Ist March, 1926 .. 62 2 6 beds .. .. .. .. .. 85 0 0 Cost 1926 seed-beds .. .. .. 95 14 2 Consumable stores at Ist April, 1925 .. 30 0 Trees in stock (564,000 at £4 lis. 9d. per 1,000) 2,587 10 8 Operation expenses .. .. ~ 1,100 3 8 Cost of seeds .. .. .. .. 132 16 10 Cost of trees .. .. .. .. 202 3 1 Depreciation .. .. .. .. 74 0 7 Written off goodwill .. . ...45 0 0 Interest on assets .. .. .. .. 86 12 0 Land rental .. .. .. .. 52 10 0 £2,917 5 8 £2,917 5 8 Westland Nursery—Balance-sheet as at 31st March, 1926. £ s. d. £ s. d. Capital Account .. .. .. .. 6,661 19 5 Goodwill of lease .. .. .. .. 405 0 0 Buildings .. .. .. .. .. 1,002 17 7 Fences .. .. .. .. .. 230 7 4 Formation works .. .. .. .. 2,093 18 0 Departmental property .. . . .. 184 9 2 Stores .. .. .. .. .. 62 2 6 Cost 1926 seed-beds .. .. .. .. 95 14 2 Tree stocks .. .. .. .. .. 2,587 10 8 £6,661 19 5 £6,661 19 5 Note. —Sundry creditors for £10 10s. have been included in main balance-sheet. WESTLAND EXPERIMENT STATION. Financial Statement as at 31st March, 1926. £ s. d. £ s. d. Actual expenditure .. .. .. .. 7,296 4 7 Present value of Buildings .. .. .. 561 19 2 Trees from nurseries— £ s. d. „ Fencing .. .. .. 1,027 15 10 Westland Nursery .. 93 10 0 „ Departmental property .. 64 13 3 Other nurseries .. .. .. 490 8 7 Balance, being debt on 482 acres at £12 2s. sd. per 583 18 7 acre .. .. .. .. .. 5,842 IS 7 Cost of preparing land, 1926 planting .. .. 382 16 4 £7,880 3 2 £7,880 3 2 Note.—A creditor for Is. lOd. included in main Balance-sheet.

21 -B. 1 [Pt. IV].