B.—l [PT. IVI.

WESTPORT HARBOUR ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1935. Expenditure. £ s. d. Income. o' *o' To Dredging.. .. •• •• 7,098 5 9 By Special coal rate .. .. •• •• 14,572 8 3 Harbour-maintenance .. •• •• 2,321 7 7 Endowment revenue •• ' '' ® Working-expenses of tug and launch.. .. 873 6 6 Port dues .. •• •• 3,70/ o Office administration (local) .. •• 1,005 610 Sale of surplus stoies .. •• ■ Endowments: Administration expenses .. 333 2 7 Hire of plant .. . • • ■ ■ ■ tj n i\ Audit fees .. .. •• •• 42 6 0 Rent .. .. •• 74 9 0 T Piral »Tnensps . . • 45 19 6 Cape Foulwind Railway revenue . . .. 3 0 0 Tefephone services" 66 0 6 Subsidy from Unemployment Fund 793 3 7 Compensation for accidents.. .. ■ • 67 6 3 Supervision of explosives magazine .. .. Ana Travelling-expenses .. ■ • • • 012 5 ; Miscellaneous receipts .. • ■ • ■ Cape Foulwind Railway maintenance • • 58 5 1 Balance carried down Head Office administration • • 500 0 0 Depreciation — £ s - d. ; Buildings •• •• •• 138 11 5 Harbour light .. .. 144 3 4 Dredges, launches, &c. .. 2,254 15 11 B 2,537 10 8 Interest on loans .. .. •• •• 17,591 18 10 £32,541 8 6 £32,541 8 6 £ s. d. £ s * To Balance brought down .. .. , • 1,768 61 By Transfer from General Reserve .. .. 8,238 6 3 Transfer to Sinking Fund .. .. •• 6,470 0 2 £8,238 6 3 £8,238 6 3 Note. No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. TAahiliiipß ss&ts. Loan capital- ' Endowment lands- £ s d £ s. d. New Zealand Loans Act, 1932— £ s. d. Leased 33,445 14 0 3-per-cent. stock 237,500 0 0 Unleased 23,042 16 9 4-per-cent. debentures .. .. •• 6,470 11 9 > 5-per-cent debentures 117,352 18 10 Breakwaters .. 344,332 15 3 Westport Harbour Act, 1920: 5-per-cent. de- Training-walls io2,jyB 0 0 bfTitnreq .. .. .. 8,250 19 6 Limestone quarry .. .. " u Protective works and relief channel . ■ 17,384 9 0 369,574 10 1 Gridiron .. .. .. ■■ •• 1,581 2 3 Finance Act, 1932, section 16 .. .. 92,421 14 3 Dredge wharf 1,488 0 0 Martin's Island .. .. • • ■ • • 700 0 0 461,996 4 4 Harbour buildings .. .. •• •• 2,679 0 3 Endowment capital 56,488 10 9 Dredges, tug " Mana," plant, &c 21,134 18 8 Sinking Fund Reserve 167,014 11 3 Cape Foulwind Railway 8,250 19 6 General Reserve . . . . • • •• 26,556 19 11 Office furniture and fittings .. .. .. 10/10 Writings-off, Reserve Account .. .. 40 10 3 Stock and stores .. .. .. •• 5,657 510 Payments in advance 426 110 Work in progress .. .. •• •• 9 3 Survey costs, Suspense Account .. • ■ 431 15 0 Survey charges, Endowment lands . . .. 431 lo 0 Creditors— £ s. d. Debtors— £ s- d. Accrued interest 1,133 0 9 Accrued revenue .. 5,469 3 9 Departmental .. .. 227 2 5 Departmental .. .. 37 911 Sundry 249 18 8 Sundry 1,346 15 9 * 1,610 1 10 6 » 85 3 9 5 Treasury Adjustment Account .. .. 22,637 9 4 Sinking Fund investments 167,014 11 3 Writings-off, Suspense Account .. .. 40 10 3 £737,202 4 6 ' £737,202 4 6 J. E. Engel, A.R.A.N.Z., 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 departmental note enfaced thereon.—J. H. Fowler, Deputy Controller and Auditor-General.

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