B.—l [PT. IV].

STAMP DUTIES DEPARTMENT. Income and Expenditure Account for the Year ending 31st March, 1932. Expenditure. £ s. d. Income. £ s. d. To Postages and telephones.. .. .. 1,536 4 4 By Adhesive stamps .. .. .. 95,168 0 5 Salaries and wages .. .. .. 21,404 12 4 Duty on instruments .. .. .. 229,138 15 7 Printing and stationery .. .. .. 551 6 3 Death duties .. .. .. .. 1,480,300 8 11 Cost of printing stamps .. .. 777 0 2 Gift duty .. .. .. .. 49,406 9 7 Law-costs .. .. .. .. 152 14 8 Fines and penalties .. .. .. 1,791 19 11 Fuel, light, and cleaning .. .. .. 158 2 7 Impressed stamps and bank cheques duty .. 172,737 5 3 Travelling and transfer expenses.. .. 20 10 1 Company license duty .. .. .. 85,618 14 3 Freight and cartage .. .. .. 164 10 2 Bank-note duty .. 261,024 11 4 Office supplies .. .. .. .. 36711 Racing revenue.. .. .. .. 424,388 10 4 Valuation fees .. .. .. .. 339 9 1 Amusements-tax .. .. .. 74,144 5 2 Rent .. .. .. .. .. 3,267 10 4 Miscellaneous receipts .. .. .. 17 0 Totalizator inspection .. .. .. 786 11 10 Overseas passenger duty .. .. 1,673 19 3 Re-establishing Napier office .. .. 82 8 8 Lottery duty .. .. .. .. 9,661 7 9 Refunds, totalizator duty .. .. 18,411 6 10 Sharebrokers'licenses .. .. .. 1,515 0 6 Refund, duty on earthquake relief race- Mortgagees'indemnity fees .. .. 1,569 0 0 meetings .. .. .. .. 5,128 19 7 Loss on equipment disposed of .. .. 3 2 7 Depreciation .. .. .. .. 989 14 9 Balance carried down .. .. .. 2,834,329 3 1 £2,888,139 15 3 £2,888,139 15 3 £ s. d. £ s. d. To Interest on capital .. .. .. 661 6 10 By Balance brought dowr. .. .. .. 2,834,329 3 1 Excess of income over expenditure for year ending 31st March, 1932 .. ..2,833,667 16 3 £2,834,329 3 1 £2,834,329 3 1 Note. — The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental values as assessed by the Public Works Department; (6) interest at 4J per cent, on capital. Depreciation has been allowed for on balance of assets as at Ist April, 1931, the total being carried to the Depreciation Reserve. Balance-sheet as at 31st March, 1932. Liabilities. £ s. d. Assets. Capital 16,964 19 9 £ s. d. Creditors Furniture .. .. .. .. 4,046 7 7 Sundry .. .. •• •• •• 133 0 7 Mechanical appliances .. .. .. 1,121 16 10 Departmental .. .. .. •• 848 16 1 Machinery .. .. .. .. 11,621 15 4 Refunds .. .. •• •• 6,677 510 Library .. .. .. .. .. 175 0 0 Reserves Stamp paper on hand .. .. .. 112 0 9 Depreciation .. .. .. •• 8,271 6 9 Assets in Suspense .. .. .. .. 3 2 7 Writing-off .. .. • • • • 3 2 7 DebtorsAccrued penalty (racing revenue) .. .. 7,395 12 4 Sundry ~ .. .. .. .. 549,348 5 6 Sundry depositors .. .. .. .. 113 12 3 Departmental .. .. .. .. 2,197 310 Excess of income over expenditure for year Deposit accounts .. .. .. .. 113 12 3 ending 31st. March, 1932 .. .. .. 2,833,667 16 3 Treasury Adjustment Account .. .. 2,305,336 7 9 £2,874,073 12 5 £2,874,075 12 5 J. Murray, Commissioner of Stamp Duties. 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 note.—J. H. Fowler, Deputy Controller and Auditor-General.

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