E.—7.

Statement of Income and Expenditure. Expenditure. Income, Salaries. £s. d. s ; Staff .. .. •• • • 21,283 18 5 Government grant .. .. •• •• 13,244 14 8 Office •• •• 1,394 10 9 National-endowment grant .. .. .. 3,160 11 2 Library .. .. •• •• 938 710 Fees .. .. .. .. •• 9,505 14 4 Office expenses .. .. ■■ 149 511 Examination fees .. .. •• 810 12 0 Telephone .. .. • • • • • • 75 12 0 Sale of— Printing and stationery .. ■ • ■ ■ 183 5 6 Calendars . . .. • • • • • • 24 711 Advertising .. .. • • • • • • 30 13 0 ' NtfSfes ■ Insurance .. .. •• •• •• I s ® 7 3 Interest Water 37 3 0 General 32 17 10 Heat and light .. .. •• 588 11 8 T. G. Macarthy .. .. .. •• 424 211 Travelling-expenses .. • • • • • • 50 22 School of Economics .. ■ • • • 144 10 0 Chemistry .. .. •• •• 355 6 10 Rent — Phvsics •. • ■ • • • • 14 6 Reserves .. .. • • • • • • 26 19 6 (Biology " • ■ 77 18 6 Garage .. .. • • • • • • 40 0 Psychology .. .. • • • • ■ • 105 19 5 Payments for use of buildings .. . . .. 3 2 0 Geology .10 0 1 Maintenance.. .. • • • • 72 9 0 Cleaning and general .. .... .. 70 3 7 Grounds .. • • .... .. 40 18 3 Calendars .. .. ■ • • ■ • • 127 5 6 Examination expenses . • • • • • 139 " 9 Contingencies .. • • • • • • 146 10 11 Unauthorized —Wreath .. • • • • 110 Balance 1» 294 1 6 £27,475 14 4 £27,475 14 4 Balance-sheet as at 31st December, 1936. Liabilities. £ s» d. * Scholarship Fund Accounts, &c. .. 67,338 7 3 General Funds- £ fc-d. £ s. d. Carnegie grant for Workers' Educational Association Cash at Bank of New Zealand 1,047 0 b libraries .. •• •• •• 153 16 6 Cash at Post Office Savings-bank 2,188 16 8 Weir House capital and liabilities •• 49,010 8 2 3,235 17 2 Snnrlrv creditors . •• •• lb 9 4 Trust iunds — r advance 23 2 0 Cash at Bank of New Zealand .. 684 17 6 £ s. d. Cash at Post Office Savings-bank 6,551 14 Accumulated Fund .. .. 107,313 14 1 . . „ , , f 7 >235 I s 10 Plus balance, Income and Ex- Debentures-General Account—School of Tipriditure Account .. 1,294 1 6 Economics .. •• •• 3,400 0 0 penditure Account , Debentures and inscribed stock—Trust Funds .. 52,105 9 2 108,607 15 7 S.A.Rhodes —Shares —Paparoa Co. .. •• 330 0 0 Less depreciation .. .. 2,600 6 6 Weir House loan 2,681 0 0 . 106,007 9 1 Sundry debtors .. •• •• 60 16 5 Accrued interest .. • • • • 820 0 8 Buildings and equipment (less depreciation) — £ s. d. College buildings .. .. b2,886 9 8 Library books .. •• 10,632 5 9 Caretaker's cottage .. .. 296 18 11 Laboratory fittings .. .. 2,009 3 5 . Apparatus .. .. •• 5,777 15 O'sa; . Fencing and grounds .. .. 1,751 6 5 Furniture and fittings .. 5,125 17 6 Bicycle-shed .. • • 97 5 0 Carpenter's shop .. • • 22 1 8 S. A. Rhodes — Office equipment .. ■ • 81 15 5 Motor-car .. • • • • 154 0 0 Carnegie Library books — General .. • • • • 3,253 6 7 Workers' Educational Association .• •• 131 16 7 92,220 1 11 Land-Site IMSO 0 0 I Weir House —Assets .. •• •• 49,010 8 2 £222,549 12 4 £222,549 12 4

3—E. 7.

17