E.—7.

ARTS AND GENERAL—continued. Statement of Income and Expenditure—continued. Expenditure—continued. £ s. d. Income—continued. £ s. d. Transfers from special schools— £ s. d. Excess expenditure over income .. .. 5,118 7 11 School of Architecture . . .. 589 18 4 School of Engineering .. .. 2,331 11 7 School of Music .. .. 79 19 10 3,001 9 9 £30,995 13 1 £30,995 13 1 £ s. d. £ s. d. Balance from income and expenditure .. .. 5,118 711 Depreciation transferred to Capital Account .. 3,097 4 9 Add capital purchases, 1934 — £ s. d. Balance transferred to Revenue Funds .. .. 3,723 17 11 Science equipment .. .. 373 2 8 Office equipment .. .. 137 0 0 Arts furniture .. .. 35 13 0 Science furniture .. .. 19 18 6 Library— Arts and General .. .. 1,053 18 7 School of Engineering .. 34 19 5 School of Architecture .. 33 2 1 School of Music .. .. 15 0 6 1,702 14 9 £6,821 2 8 £6,821 2 8 Balance-sheet as at 31st December, 1934. Capital Statement. Liabilities. Fixed Assets. £ s. d. £ s. d. Buildings and equipment— £ s. d. Capital balance, Ist January, 1934 242,449 9 0 Arts building .. .. .. .. 128,836 0 0 Add purchases from revenue.. 1,702 14 9 Arts furniture .. .. .. .. 7,974 6 0 • Students'building.. .. .. .. 23,101 0 0 244,152 3 9 Students'furniture .. .. .. 963 0 0 Less depreciation, 1934 .. 3,097 4 9 Caretaker's cottage .. .. .. 1,893 0 0 241,054 19 0 Swanson cottage .. .. .. .. 519 13 0 Engineering building .. .. .. 661 10 0 Engineering equipment .. .. .. 2,223 0 0 Engineering furniture .. . . .. 53 0 0 Science building .. .. .. .. 20,882 0 0 Science equipment .. . . .. 3,907 0 0 Science furniture .. .. .. .. 309 10 0 Office equipment .. .. .. .. 314 0 0 Grounds equipment .. .. .. 47 0 0 Library equipment .. .. .. 6,451 0 0 Properties— £ s. d. Science-building site .. 5,920 0 0 Arts, building site.. .. 24,500 0 0 30,420 0 0 Endowment lands .. .. .. .. 12,500 0 0 £241,054 19 0 £241,054 19 0 Statement No. 2. Liabilities. £ s. d. Assets. £ s. d. Endowment sales .. .. .. .. 10,541 1 9 Endowment sales investment .. .. .. 10,541 1 9 Endowment royalties .. .. .. 1,346 16 3 Endowment royalties investment .. .. 1,346 16 3 General Endowment Fund .. .. .. 8,663 14 8 General Endowment Fund investment .. .. 8,663 14 8 Engineering Building Fund .. .. .. 1, 785 3 2 Engineering Building Fund investment .. .. 1,785 3 2 Depreciation and Endowment Fund .. .. 5, 486 8 4 Depreciation and Endowment Fund investment .. 5,486 8 4 Mennie Bequest—School of Commerce .. .. 1,320 16 2 Mennie Bequest—School of Commerce investment.. 1,320 16 2 Building Fund .. . . .. .. 59 3 5 Building Fund investment—Auckland Savings-bank 59 3 5 Student Building Furniture Depreciation Fund .. 125 3 10 Student Building Furniture Depreciation Fund Medical Library Funds .. .. .. 137 18 0 investment —Auckland Savings-bank .. .. 125 310 Land Utilization Research Fund .. .. 320 10 7 Sundry debtors— Patterson Bequest Funds .. .. .. 013 6 Endowment rent — £ s. d. Swanson Hut Funds .. .. .. .. 31 4 3 Arrears . . .. .. 243 1 11 Rents in suspense .. .. .. .. 475 1 6 In Suspense—Five years .. 475 1 6 Rents in advance .. .. .. •. 8 8 9 718 3 5 Student fees in advance .. .. .. 143 16 0 Depreciation and Endowment Prizes — £ s. d. Fund interest—Cathcart .. 40 0 0 Allum Prize .. .. 0 8 3 Depreciation and Endowment Forestry Scholarship .. 10 0 0 Fund interest —B.P. and S. 5 10 6 Journalism Prize .. .. 1 0 0 45 10 6 11 8 3 Student fees—Arrears .. .. .. 287 1 6 Scholarship Funds—Gunson, Rathbone, Sinclair, Butterworth Prize .. .. .. .. 0 2 11 and Gillies .. .. .. .. 73 4 6 Physics notes in stock .. .. .. 35 8 6 £ s. d. Revenue— Bank of New Zealand—Overdraft 5,762 5 3 Balance, Ist January, £ s. d. £ s. d. Less Post Office Savings- £ s. d. 1934 .. .. 3,052 2 4 bank balance .. 25 5 2 Transfer from net Less Mennie —Auckland revenue .. 3,723 17 11 Savings-bank .. 0 2 10 6,776 0 3 Less cash .. .. 115 6 Less sale of Investment, 27 3 6 Depreciation, and En- — 5,735 1 9 dowment Fund .. 925 0 0 5,851 0 3 £36,265 14 8 £36,265 14 8

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