B. —1 [PT. IV], SUP. TO 1932.

MARINE DEPARTMENT—continued. ROCK-OYSTER INDUSTRY. Profit and Loss Account for the 1931 Season. Dr. £ s. d. Or. £ s. d. To Salaries and wages .. .. •• •• 2,876 5 3 By Sales .. .. .. .. .. 5,404 8 5 Maintenance of ketch and launches .. .. 526 7 1 Rent .. .. .. .. .. 26 0 0 Freight and cartage ■. • • • • *239 15 8 Sacks and stores .. .. ■ • • • 85 10 10 Wharfage and cranage .. .. ■ • 40 2 11 Rent, fuel, light, &c. .. • ■ ■ ■ 58 6 3 Administration expenses .. .. .. 171 0 0 Travelling-expenses .. .. • • 49 15 3 Office expenses .. .. ■ • • • 24 0 0 Printing and stationery .. .. . • 4 9 11 Advertising .. ■ ■ ■ • • • 20 19 6 Ex gratia payment to T. Burnett .. .. 50 0 0 Miscellaneous expenses .. .. .. 24 14 0 Depreciation .. . • ■ • ■ • 288 7 7 Balance carried down .. ■. • ■ 970 14 2 £5,430 8 5 £5,430 8 5 £ s. d. £ s. d. To Interest on capital .. .. .. .. 131 7 4 By Balance brought down .. .. .. 970 14 2 Net profit .. .. . • • • • • 839 610 £970 14 2 £970 14 2 ROSS DEPENDENCY. Income and Expenditure Account for the Year ended 31st March, 1932. Expenditure. £ s. d. Income. £ s. d. To Head Office administration .. .. .. 10 0 0 By License fees .. .. .. .. .. 600 0 0 Miscellaneous expenses .. .. • ■ 1 14 8 Depreciation .. .. ■. • • 119 9 Balance carried down.. .. .. .. 586 5 7 £600 0 0 £600 0 0 £ s. d. £ s. d. To Interest on capital .. .. ■. • • 3 2 6 By Balance brought down .. .. .. 586 5 7 Excess income over expenditure transferred to General Income and Expenditure Account .. 583 3 1 £586 5 7 £586 5 7 General Income and Expenditure Account for the Year ended 31st March, 1932. Expenditure. Income. £ s. d. To Deficits transferred from Branch Income and £ s. d. By Ross Dependency Account .. .. 583 3 1 Expenditure Accounts — Balance, being excess expenditure over income Mercantile Marine Branch .. .. 7,307 2 4 after charging depreciation and interest on Harbours Branch .. .. .. 2,226 12 4 capital.. .. .. .. .. 14,316 12 6 Inspection of Machinery Branch .. .. 2,954 13 5 Fisheries Branch .. .. .. 2,41176 £14,899 15 7 £14,899 15 7 Notes. —The following charges are included for which the Department possesses no parliamentary appropriation: (a) Services of Customs officers ; (6) rental value as assessed by Public Works Department; (c) interest at 4J per cent, on capital; (d) proportion of cost of raising public-works loans ; (e) Public Works Department overhead cost. Depreciation has been allowed for on balances of assets as at Ist April, 1931, the total charge being carried to Depreciation Reserve. Credit has been taken without appropriation for services rendered to the Customs Department.

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