H.—37.

APPENDIX C— continued. Income and Expenditure Accounts of Aero Clubs for Year ended 31st March, 1938.*

18

I I I Auckland Hawke's Bay Wp , TOra ., a Western Canterbury __ , n . (*eleven and East Wellington. Federated (*ten (*eleven Marlborough. Otago. Southland. months only). Coast. -Districts. and Kuamne. months only), months only). United. Expenditure. £ j £ : £ j £ £ £ | £ i ■ £ f £ £ Wages and salaries .. .. .. i 2,432 1,246 j 989 ! 1,071 2,147 1,718 1,941 I 1,211 1,316 1,128 906 Petrol and oil .. .. .. .. 1,125 768 464 j 446 ' 928 720 1,161 j 385 603 505 282 Rent .. .. .. , , . . .. .. ! .. | .. 379 60 I .. 69 Maintenance and repairs .. .. 854 869 200 616 1,941 606 1,353 j 724 810 489 282 Hire of planes .. .. . . .. .. .. .. .. 658 .. 356 ! .. .. 27 Insurance .. .. .. .. 449 191 247 76 406 128 153 113 669 61 39 Interest .. .. .. .. .. 264 .. .. .. .. .. .. 24 Depreciation: Depreciation and repairs reserves 3,759 238 998 1,238 2,466 1,218 2,074 1,380 856 826 425 Office expenses .. .. .. .. 488 60 203 294 273 286 I 398 133 313 26 37 Sundries .. .. .. .. .. j 95 448 117 204 360 268 410 209 111 310 97 Total expenditure .. .. .. 9,466 3,820 3,218 3,945 9,558 5,004 7,846 4,179 4,678 3 414 2 095 Profit .. . . . . .. 371 128 48 .. .. 735 .. .. 314 9,837 3,948 3,266 3,945 9,558 5,739 7,846 4,179 4,992 3,414 2 095 Income. £ £ £ £ £ £ £■ £ £ £!£ Instructional and flying fees .. .. 3,971 2,472 2,757 2,851 5,268 4,319 7,310 2,538 3,689 1,690' ' 1,550 Passenger flights and hire .. .. .. 3,988 966 48 37 1,509 .. .. .. 433 918 j '. Government subsidy .. .. .. 400 217 400 400 400 400 .. 400 231 356 ' 281 Subscriptions and entrance fees .. .. 647 261 56 488 624 373 379 298 248 150 ; 19 Interest .. .. .. .. .. .. 31 5 15 69 188 68 98 53 36 Rent .. .. .. .. .. 229 • 1 . . .. .. 114 .. .. 338 Sundries .. .. .. .. .. 602 .. .. 63 15 345 2 152 .. .. 6 Total revenue .. .. .. 9,837 3,948 3,266 3,854 7,885 5,739 7,759 3,486 4,992 3,150 1,856 Loss .. .. .. .. .. .. .. 91 1,673 .. 87 693 .. 264 239 9,837 3,948 3,266 3,945 9,558 5,739 7,846 4,179 4,992 3,414 2,095 _