B.—l [PT. IV].

THE NEW ZEALAND BROADCASTING BOARD. Revenue Account foe the Six Months ended 30th June, 1936. Expenditure. £ s. d. Income. £ s. d. Expenditure on programmes including payments to License fees .. .. .. .. 112,863 6 1 artists, performing rights, relay lines, music, Net interest .. .. .. .. 1,319 13 3 salaries, and expenses of programme staff, records, stationery, and sundry miscellaneous items .. 33,735 3 0 Maintenance of plant, power, salaries of engineering and operating staffs .. .. .. 8,449 13 4 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 .. .. .. 7,338 611 Administration salaries and expenses .. .. 3, 925 5 7 Subsidies to "B" Stations .. .. .. 1,281 0 0 Depreciation of assets .. .. 11,820 5 8 Balance .. .. .. • • .. 47,633 410 £114,182 19 4 £114,182 19 4 Balance-sheet as at 30th June, 1936. Liabilities. Assets. I. Accumulated Fund— £ s. d. £ s. d. I. Land and buildings— £ s. d. £ s. d. Balance at Ist January, Balance at Ist January, 1936, 1936.. .. .. 181,686 17 0 less depreciation .. 84,935 8 9 Balance of Revenue Ac- Additions during 1936 at count at 31st December, cost, less depreciation .. 11,616 10 0 1935.. .. .. 2,502 14 5 11. Machinery and plant— 96,551 18 9 Transfer of Reserve for Balance at Ist January, 1936, Renewals and Replace- less depreciation ..52,203 5 10 ments .. .. 14,000 0 0 Additions during 1936 at 198,189 II 5 cost, less depreciation .. 1,231 310 11. Sundry creditors .. .. .. 6,070 11 1 53,434 9 8 111. Revenue Account: Balance 111. Office and studio equipment— as at 30th June, 1936 .. .. 47,633 410 Balance at Ist January, 1936, less depreciation .. 7,019 15 0 Additions during 1936 at cost, less depreciation .. 1,034 13 2 8,054 8 2 IV. Sundry debtors and prepayments .. .. .. .. 3,239 3 2 V. Post and Telegraph Department— Investment Account .. 72,000 0 0 License Fees Account .. 14,863 6 1 86,863 6 1 VI. Cash at bank and in hand— At bank .. .. 3,640 1 6 In hand .. .. .. 110 0 0 3,750 1 6 £251,893 7 4 £251,893 7 4 H. D. Vickery, Chairman. I hereby certify that the Revenue 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.—J. H. Fowler, Deputy Controller and Auditor-General.

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