E.—'7

GENERAL ACCOUNT—continued. Statement of Income and Expenditure. „ Income. £ s ' d. Expenditure. 14 321 17 0 a , ■ £ s. d. Government grant .. . • •• •• of# 22,285 13 9 National endowment .. .. •• •• ° ;; 1,471 0 8 Fees 1 " Library " " I>oo7 10 0 Examination fees Payment Professor Mackenzie .. .. 525 0 0 26 910 Office expenses .. •• u6 18 10 95 1 0 Telephone . . • • • 179 8 4- Interest Printing and stationery .. .. 172 * 4 J9 411 Advertising.. .. .. 128 810 Macarthy .. .. •• •• •• ffl }a a Insurance .. . • • ■ • 40 15 0 School of Economies . • ■ • • • 144 10 0 u iri,+ " 631 7 6 Rent— „ Heat and light • • " 1 ' 492 12 0 Reserves .. . • • • • • • • t a a Travelling-expenses •• 9 0 Garage 4 0 0 Chemistry .. . . • 208 11 7 Grant : Students .. . • • • • • 40 0 Physics .. • • • ■ ■ • 141 3 1 Payment, lease of buildings .. • • • ■ 110 Biology .. •• •• •• " q a 2 Psychology .. • • • • • ■ • • „ Geology 4 15 10 Lantern-slides . • • • • • • ■ 2 7 0 Music lectures .. •• •• 7S 14 11 Maintenance.. .. •• •• • • 871911 Cleaning and general .. .. • • • ■ i J n « Grounds .. •• ■■ •• •• o a Calendars 1 ° Examination expenses .. .. •• •• 14 o Contingencies • ■ • • • • ■ • '7130 Legal expenses Balance .. •• •• 1 J £30,393 19 6 £30,393 19 6 Balance-sheet as at 31st December, 1937. Liabilities. £ B. 'Isseis. £ g- d. Scholarship Fund Accounts, &c. • • •• 7 0 of New Zealand ..1,13117 6 Weir House Capital Account and liabilities .. 48,214 7 0 Cash at Jian o g } bank .. 3 i 36 4 7 Carnegie grant for Workers'Educa- £ s. d. Cash at Post Utnce savings oan K o, 4j26 8 2 1 tional Association Library .. 175 16 5 FundsLess balance Income and Ex- Cash at Bank of New Zealand .. 650 611 penditure Account .. .. ° 167 6 0 Cash at Post Office Savings-bank.. 5,189 12 10 rj g — OjOu" 1J >' Sundry creditors .. •• •• •• ifi ]6 0 Debentures: School of Economics .. •• 3,400 0 0 Fees m advance .. Debentures and inscribed stock: Trust funds .. 54,148 15 10 , T-. 1 IAR aa7 (i l Shares —S. A. Rhodes Account : Paparoa Co. .. 330 0 0 Accumulated Fund 106,007 J 1 Wei House loan 2,681 0 0 r- S •++ ft Q2 6 Sundry debtors .. •• J® Fees written off 0 2 6 Accrued interest 862 15 3 Depreciation •• 2,572 5 11 g Buildings and equipment (less de- ' preciation) — £ s - "• 103,426 0 8 College buildings .. 61,328 4 4 Library books .. •• 10,838 I 9 I vakation, College 3 5 Balance, Income and Expendi- Apparatus .. . • •• ' g g ' 9 153 1 9 Fencing and grounds .. i, '•>* 0 ture Accoun .. •• > 112,129 2 5 Furniture and fittings .. 5,147 0 4 Bicycle-shed ■ • • • "7 5 0 Carpenter's shop .. ■ • 82 3 8 S.A. Rhodes — Office equipment .. • • 77 13 8 Motor-car • • • • 281 12 0 Carnegie Library books— General .. .. ■ 3,884 6 9 Workers' Educational Association .. • • ■ • 146 2 9 Workers' Educational tionOffice equipment • • fa 4 0 Motor-car .. 241 18 0 motorcar 91,807 7 7 Tqtl(l 18,000 0 0 Weir House Assets .. .. ■ ■ ■ • 48,214 7 0 £229,611 4 5 £229,611 4 5

3—E. 7.

17