B.—l [PT. IV].

EMPLOYMENT PROMOTION FUND. Income and Expenditure Account toe the Year ended 31st March, 1938. Expenditure. £ s. d. Income. £ s. d. Administration expenses .. .. .. 235,000 0 0 Registration levy .. ~ .. .. 448,323 6 8 General work relief .. .. .. 465,140 6 3 Employment charge— Gold-prospecting schemes .. .. .. 100,065 13 6 Tax on salary or wages paid £ s. d. Promotion of employment on farms .. .. 69,206 14 7 in cash .. .. 1,655,171 9 2 Promotion of employment in building trades .. 36,498 6 11 Tax on salary or wages paid Promotion on full-time employment .. .. 1,537,145 19 0 by sale of employment Promotion of employment amongst boys .. 2,362 9 4 stamps . . .. 1,376,923 6 3 Promotion of employment amongst women . . 9,037 9 1 Promotion of employment amongst Natives .. 335,702 2 5 3,032,094 15 5 Assistance to industry .. .. .. 35,981 5 4 Tax on income other than Sustenance allowances .. .. .. 1,338,704 14 9 salary or wages .. 1,627,904 14 4 Miscellaneous grants and subsidies .. .. 2,959 310 4,659,999 9 9 Compensation, ex gratia payments, &c. .. 7,098 1 3 Pines .. .. .. .. .. 7,683 19 11 Purchase of food, clothing, &c. .. .. 10,414 0 5 Penalties for late payment of levy .. .. 24,715 7 4 Bonuses to workers.. .. .. .. 46,182 3 0 Interest on loans .. .. 2,409 14 7 Transport of workers .. .. .. 1,997 1 5 Interest on investments .. 6,090 8 0 Losses in Suspense .. .. .. .. 1,049 14 10 — 8,500 2 7 Depreciation . . .. .. .. 70 17 0 Miscellaneous .. .. .. .. 94 8 10 Excess of income over expenditure .. .. 914,700 12 2 £5,149,316 15 1 £5,149,316 15 1 Balance-sheet as at 31st March, 1938. Liabilities. Assets. Creditors — £ s. d. £ s. d. Debtors — £ s. d. £ s. d. Sundry .. .. .. 182,070 9 2 Sundry . . .. .. 25,492 4 2 Departmental .. .. 37,068 11 9 Departmental .. .. 7,769 12 11 219,139 0 11 33,261 17 1 Levies paid in advance .. .. .. 3,200 0 0 Levies due but unpaid . . .. . . 23,550 0 0 . Employment charge paid in advance .. .. 3,721 17 6 Employment charge due but unpaid .. .. 86,485 0 0 Refunds of employment charge due and unpaid 838 4 11 Interest due but unpaid . . .. .. 1,206 8 1 Writings-off, Reserve .. .. .. 15,513 18 I Interest accrued but not due .. .. 594 19 9 Loan, Premium Account .. .. .. 87 8 5 Buildings .. .. . . .. 1,240 16 0 Excess of income over expendi- £ s. d. Motor-vehicles .. .. .. . . 24 3 4 ture to 31st March, 1937 440,303 10 0 Plant, machinery, and tools .. .. .. 11,152 0 11 Excess of income over expendi- Humphreys Gully water-race .. .. 62,984 5 1 ture for the year ended 31st Loans .. .. .. .. .. 145,394 18 I March, 1938 .. .. 914,700 12 2 Stocks of blankets on hand .. .. .. 781 18 0 1,355,004 22 Investments .. .. .. .. 2,500 0 0 Assets in Suspense .. .. .. .. 15,513 18 1 £ s. d. Cash in Public Account .. 431,288 5 7 Cash invested by Treasury .. 725,000 0 0 Cash held by Post Office .. 53,924 0 9 Imprests outstanding ... 2,602 1 3 — s 1,212,814 7 7 £1,597,504 12 0 £1,597,504 12 0 Note.—Part of the subsidy granted to the gold-mining industry is ■ recoverable out of the proceeds of the gold sold. J. S. Hunter, Secretary of Labour. H. L. Bockett, 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 books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Controller and Auditor-General.

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