B.—9a

PUBLIC TRUST OFFlCE—continued. Profit and Loss Account foe the Year ended 31st March, 1938. Dr. £ s. d. Or. £ s. d. Salaries .. .. .. .. 280,817 1 7 Commission, and other income (net). .. .. 384,649 5 3 Overtime .. .. .. .. 109 4 8 Income-tax: Refund of amount charged in Service charges— £ s. d. accounts to 31st March, 1937 .. .. 8,491 2 6 Agents' commission .. .. 3,875 4 3 Services of High Commissioner .. 1,246 0 0 Services of General Post Office .. 895 2 6 6,016 6 9 Audit of books and accounts .. .. 850 0 0 Maintenance of premises and plant: Repairs, insurance, &c. .. .. .. 11,455 14 0 Rent .. .. .. .. .. 2,436 6 2 ■General charges— £ s. d. Advertising .. .. .. 4,014 12 8 Cleaning, lighting, heating, and power .. .. .. 5,916 3 8 Legal expenses .. .. 2,187 11 11 Rates .. .. .. 717 9 0 Miscellaneous payments .. 460 11 8 Postages and freight .. .. 4,244 3 .6 Stamp duty on receipts and cheques .. .. .. 1,436 16 0 Telephone subscriptions .. 1,703 6 3 Printing, stationery, and requisites 5,636 12 9 Travelling-expenses .. .. 5,162 4 9 Salaries and expenses of Farm Inspectors .. .. .. 5,162 18 4 Salaries of Custodians and Staff 7,474 10 7 44,117 1 1 Amount written off under section 43, Public Trust Office Amendment Act, 1913 .. .. .. .. .. 63 8 9 Losses on mortgages : On realization or by operation of the Mortgagors and Lessees Rehabilitation Act, 1936 .. .. .. .. 9,878 7 8 Depreciation on office premises, furniture, plant, &c. 17,399 6 4 Contribution to subsidy to Public Service Superannuation Fund .. .. .. .. 3,728 16 9 Land-tax .. .. .. .. .. 3,303 19 6 Balance, being net profit for year, transferred to Appropriation Account .. .. .. 12,964 14 6 £393,140 7 9 £393,140 7 9 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant. Profit and Loss Appropriation Account for the Year ended 31st March, 1938. Dr. £ s. d. Cr. £ s. d. Consolidated Fund: One-half profits for year ended Balance .. .. .. .. .. 10,946 5 9 31st March, 1937, payable in accordance with Profit and Loss Account: Balance transferred .. 12,964 14 6 section 24 (1) of the Finance Act, 1929 .. 10,946 5 9 Profit on sale of freehold property .. .. 18,477 8 3 Investment Fluctuation Account .. .. 24,959 15 6 Balance .. .. .. .. .. 6,482 7 3 £42,388 8 6 £42,388 8 6 £ s. d. Balance .. .. .. .. .. 6,482 7 3 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant.

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