B—l [FT. IV SUP. TO 1928].

78

TOURIST AND HEALTH RESORTS DEPARTMENT—continued. MISCELLANEOUS RESERVES. Working Account for the Year ended 31st March, 1928. Dr. £ s. d. Or. £ s. d. To Salaries and wages.. .. .. .. 441 17 8 ! By Receipts .. .. .. .. .. 619 8 0 Repairs, purchase of stores, freight, &c. .. 452 18 3 j Balance .. .. .. .. . . 734 13 6 Depreciation .. .. .. .. 459 5 7 £1,354 1 6 ' £1,354 1 6 £ s. d. | £ s. d. To Balance .. .. .. .. .. 734 13 6 By Net loss, to Income and Expenditure Account 2,842 3 (j Head Office expenses .. .. .. 348 7 11 Interest on capital .. .. .. 1,759 2 I £2,842 3 0 . £2,842 3 0 I Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. Assets. Capita! Account .. .. .. .. 542,729 9 4 £ s. d. £ s. d. Sundry creditors .. .. .. .. 10,481 3 6 Land .. .. .. .. 181,009 15 6 Treasury Adjustment Account .. .. 23,678 12 3 Buildings .. .. .. 165,089 8 5 Passenger-booking —Ticket-sales Account .. 11,102 15 9 Less writings off in Suspense 9 5 0 Passenger-booking—Suspense Account .. 5 16 6 — 165,080 3 5 Reserve for depreciation .. .. .. 46,632 12 0 Water and drainage systems .. .. 98,456 1 5 Reserve for doubtful debts .. .. .. 430 10 8 Rotorua electric system : Land, buildings, transmission-lines,&c. .. 47,314 11 7 Furniture and fittings .. 21,649 10 1 Less writings off in Suspense 505 18 10 —— 21,143 11 3 Plant and machinery .. 5,962 13 5 Less writings off in Suspense 5 15 0 5,956 18 5 Wharves and slipways .. .. 7,385 14 10 Electric systems at hostels .. .. 17,797 17 6 Steamers, launches, and boats. . 9,117 19 1 Less writings off in Suspense 197 1 9 8,920 17 4 Bridges .. .. .. .. 5,787 3 4 Motor-vehicles .. .. .. 853 9 4 Garden implements . . .. 543 6 2 Less writings off in Suspense 2 19 0 540 7 2 National Development Account .. 485 16 0 Road and intake, Lake House.. .. 3,960 14 0 Linen, cutlery, crockery, tools, silverware, playing-materia), &c. .. .. .. 7,332 7 5 Less writings off in Suspense 720 8 5 6,611 19 0 Live-stock .. .. .. 740 19 6 Less writings off in Suspense 63 10 10 677 8 8 Telephone-lines .. .. .. 1,249 14 7 Stores .. .. .. 7,135 8 0 Less writings off in Suspense 81 1 6 7,054 6 6 Sundry debtors .. .. .. .. 12,595 14 2 Cash on deposit and at credit of Receiver-General's Deposit Account .. .. .. .. 4,842 14 2 Remittances in transit and outstanding balances at bureaux .. .. .. . . 1,205 7 0 Excess of expenditure over income .. .. 36,130 14 10 £635,061 0 0 £635,061 0 0 Note. —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 appropriation. 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, subject to the above departmental notes. —G. F. 0. Campbell, Controller and Auditor-General.

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