41

E.—7

Statement of Receipts and Payments. Receipts. Payments. £ s. d. £ s. cl. Government grants— £ s. d. £ s. d. Salaries .. . .' .. .. 757 15 (i Annual grant .. .. .. 750 o o Research .. .. .. .. 224 1.1 2 Equipment .. .. .. 174 9 I General expenses Research .. .. .. 62 10 0 Library.. .. .. .. 32 17 10 986 19 I Equipment .. .. .. 119 4 7 Students'fees .. .. .. .. 78 15 0 Museum .. .. .. 10 1.3 0 Testing fees .. . . .. .. .. I (i .", Sundries .. .. .. 46 1 3 Subscriptions to Joimiel .. .. .. 5 0 0 Travelling-expenses .. .. 39 6 5 Library fines .. .. .. .. .. 015 6.', Car-maintenance.. .. .. 27 8 1 Balance .. .. .. .. .. 239 5 I Printing and stationery . . .. 17 3 1 Cleaning .. .. .. 37 0 0 — 329 14 3 £1,312 0 11 £1,312 .0 11 school 01' engineering. Balance-sheet as at 31st December, 1927. Liabilities. A ssets. £ s. (I. £ s. il. £ s. d. £ s. cl. Capital .. .. .. 40,215 I 8 Buildings .. .. .. 20,500 0 0 Less transfer —Income and expon- Plus additions .. .. 168 6 0 diture .. .. .. 1,815 10 11 20,668 6 0 Equipment and apparatus .. 17.596 0 0 38,399 10 9 Less depreciation .. .. 1,759 12 0 Plus Government grants .. 312 7 4 38,711 18 1 15,836 8 0 Contingencies Reserve .. .. .. 1,488 16 2 Plus purchases, 1927 .. .. 312 7 4 16,148 15 4 Furniture and fittings .. .. 867 0 0 Loss depreciation .. .. 86 14 0 7.80 6 0 Library books .. .. .. 740 0 0 Plus purchases, 1927 .. .. 70 1 6 816 1 6 Sundry debtors— Government grants .. .. 640 7 6 Tests .. .. .. 18 17 6 Timber-testing .. .. 80 0 0 739 5 0 Cash .. .. .. .. .. 1,048 0 5 £40,200 14 3 £40,200 14 3 Statement ok Income and Expenditure. Expenditure. Income. Salaries. £s. d. £ s. cl. Government grants— £ s. cl. £ s. d. Professors, lecturers, etc. .. 7,332 0 0 Statutory grant .. .. 2,000 0 0 Cleaning and caretaking .. 100 2 (i Statutory grant—Specialization .. 1,311 10 0 7,432 2 6 Technical instruction .. .. 1,250 0 0 General expenses — Material and apparatus .. 200 0 0 Administration .. .. 344 19 6 4,761 10 0 Insurance .. .. .. 59 13 8 Students'fees .. .. .. .. 2,199 19 0 Heating, lighting, and power .. 523 0 6 Testing fees .. .. .. .. 290 11 3 Printing and stationery .. 110 5 0 Sundries—Advertising .. .. .. 18 17 10 Pee for associate certificate .. 5 5 0 Laboratory stores .. .. 43 10 0 Sales .. .. .. 0 12 0 Material, &c. .. .. .. 179 14 3 Interest .. .. .. 1 13 7 General supplies .... 71 8 3 7 10 7 Repairs to machinery .. .. 4 10 8 Timber-testing .. .. .. .. 205 0 0 Sundries .. .. .. 75 8 8 Transfers — Repairs to buildings .. .. 28 0 6 College—General, £826 10s. ; ex-Timber-testing .. .. 45 3 10 hibitions, £80 .. .. 900 10 0 Testing-expenses .. .. 10 18 (i Museum, Library, and School of Handbooks .. .. .. 12 li 2 Technical Science .. .. 875 0 0 Scholarships and exhibitions .. 195 0 11 1,78110 0 1,723 3 3 Capital—Excess transferred .. .. 1,815 10 11 Transfers— College—Rent .. .. ... 60 0 0 Depreciation— Equipment and apparatus .. 1,759 12 0 Furniture and fittings .. .. 86 14 0 1,840 6 0 £11,061 II 9 £11,06.1 11 9

6—E. 7.