B.—l [PT. IV], SUP. to 1935.

THE NEW ZEALAND BROADCASTING BOARD. Revenue Account for Year ended 31st December, 1934. Expenditure. Income To Expenditure on programmes, including payments to artists, performing rights, £ s. d. By License fees ...... ' £ s. d. relay lines, music, salaries and expenses of programme staff, records, Net interest " " '* " "" *' 164,928 10 8 stationery and sundry misceUaneous items 46,167 13 10 Proceeds from sale of assets previously written off " I ' s9 ® n f Maintenance of plant, power, salaries of engineering and operating staffs .. 11,797 18 1 * '' *' ' * 7 9 6 General expenses, including rent, rates, insurance, lighting, heating, legal, audit, printing, stationery, salaries and wages, telephones, travelling-expenses, repairs and maintenance of buildings, and sundry miscellaneous items' . . 12,749 8 2 Administration salaries and expenses, including expenses of Advisory Council .. 6,017 0 1 Subsidies to " B " stations .. .. .. .. # _ 2 518 13 4 Depreciation of assets .. .. .. .. .. ~ .. 23' 348 0 2 Appropriation towards meeting capital expenditure.. .. .. .. 60 \ 000 0 0 Balance .. .. .. .. .. .. .. .. $'936 14 10 • £166,535 8 6 ===== £166,535 8 6 Balance-sheet as at 31st December, 1934. Liabilities. , 40,357 o'o * " 1934 IdV £ £ s.d. Balance of Revenue Account at 31st December, 1933 .. 2,393 22 Additions during 1934 at cosf" ® ple ° la lOn " " 22,751 2 0 Appropriation from Revenue Account towards meeting capital Machinery and plant '' "" '' ' expenditure 60 ,000 0 0 Value at Ist January, 1934, less depreciation .. .. 3 ? Reserve for renewals and replacements U 000 0 0 Addltlons during 1934 at cost, less depreciation .. .. 17 5 Liabffity to Post and Telegraph Department, fixed by Minister of ' Office and studio equipment— 36,696 4 4 Telegraphs as price of assets acquired 59,839 17 2 Value at Ist January, 1934, less depreciation a. q« q « „ Less repayments .. .. .. .. 25 03°) 17 2 • mo* , . ? uepieoiaraon .. .. 4,869 0 11 ' Additions durmg 1934 at cost, less depreciation .. 2 554 11 9 0 34,800 0 0 "* z Sundry creditors .. 34;858 6 , stocks on hand .. 7,423 12 1 Revenue Account: Balance at 31st December, 1934 3,936 14 10 Sundry debtors and prepayments ® 22 Post and Telegraph Department— " " " " 1,443 9 5 License Pees Account .. .. .. .. .16 928 10 8 Investment Account .. .. .. __ 4s'ooo 0 0 Cash at bank and in hand— " 61 ' 928 10 8 Li hand 7 ' 310 0 10 in hand .. .. .. . _ _ _ 170 0 0 — — 7,480 0 10 £190,345 31 — — ===== £190,345 3 1 H. D. Vickery, Chairman. E. C. Hands, General Manager. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and comnared with the relative i,„ n i a j , , . , „ audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General. documents submitted for

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