8.—13 A.

(E) Revenue Account. —Rented Properties (new) erected underJNkw Housing Scheme. Dr. £ s. d. Gr. £ s. d. Interest Account .. .. .. .. 1,054 6 11 Rents .. .. .. .. .. -t, 270 19 9 Depreciation Reserve .. .. .. .. 702 17 8 Maintenance Reserve . . .. .. .. 702 17 8 Insurance Reserve . . .. .. . . 263 11 9 Rates Reserve . . .. .. . . 913 14 9 Vacant Tenancies Reserve .. .. .. 210 .17 1 Management expenses .. .. .. .. 422 13 11 £4,270 19 9 £4,270 19 9 (F) Factories and Plant Revenue Account. Dr. £ s. d. £ s. d. Interest Account .. .. .. .. 584 15 0 Lease .. .. .. .. 5,700 0 0 Rates .. .. .. .. .. 77 3 6 Rent . . .. .. .. .. 532 5 5 Depreciation— £ s. d. Factories .. .. .. 1,421 0 4 Plant .. .. .. 1,954 17 0 3,375 17 4 Insurance .. .. .. .. 1,113 18 7 Sundries .. .. .. .. .. 16 0 2 £5,700 0 0 £5,700 0 0 Factories and Plant Capital Account as at 31st March, 1938. £ s. d. £ s. d. £ s. d. £ s. d. Factories — Auckland .. 13,897 13 2 Balajice .. .. .. .. 46,517 13 0 Less depreciation 674 3 0 13,223 10 2 Wellington .. 15,397 8 0 Less depreciation 746 17 4 14,650 10 8 27,874 0 10 Plant' — Auckland .. 10,544 10 3 Less depreciation 1.000 14 0 9,543 16 3 Wellington . . 10,053 18 11 Less depreciation 954 3 0 9,099 15 11 18,643 12 2 £46,517 13 0 £46,517 13 0 £ s. Balance .. .. .. .. .. 46,517 13 0

19