WELLINGT ON— continued. Statement of Income and Expenditure, and Assets and Liabilities, for the Year ending 31st December, 1938— continued.

E.—2.

Balance-sheet, 31st December, 1938. Debit Bank Balances and Moneys owing by Board. Credit Bank Balances and Moneys due to Board. Amounts owing— £ s. d. Special accounts .. .. .. .. 9,468 13 3 Cash at bank on current account, less unpresented £ s. d. General Account .. .. .. .. 47 0 0 cheques .. .. .. .. .. 5,299 5 10 Credit balances—Special accounts .. .. 10,073 0 10 Investments— Post Office Savings-bank .. .. 1,282 19 9 Amounts due— 19,588 14 1 Special accounts .. .. .. 12,846 7 6 Debit Balance—General Account .. .. 28 5 6 General Account .. .. .. .. 131 15 6 £19,560 8 7 £19,560 8 7 * Overdrawn. t Contingent liabilities amounting to £9,102 have not been taken into account in the amount owing by the Board.

67

As at 31st December, 1938. Name of Account. 1st Income. Expenditure. Amounts due to Board. Amounts owing by .Balance. I Rnard Due from Department. Due from other Sources. Special Accounts —continued. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Sites: Board's sales and purchases .. .. .. 10 8 1 4,203 5 0 4,203 5 0 10 8 1 3 18 6 .. 50 11 0 Special grants — New buildings .. .. .. .. .. .. 48,502 17 4 48,502 17 4 .. 5,740 6 0 .. 4,394 14 2 New sites .. .. .. .. .. .. 23,933 16 6 23,933 16 6 .. 275 4 10 Manual buildings .. .. .. .. .. 803 11 9 803 11 9 .. 516 12 7 .. 6 2 6 Training college .. .. .. .. .. 537 2 3 537 2 3 .. 549 13 5 Swimming instruction .. .. .. .. .. 154 19 0 5 2 0 149 17 0 Technical instruction: Lower Hutt 3 1 9 427 9 6 447 8 10 16 17 7* .. .. 14 9 0 Training college — Incidentals .. .. .. .. .. 171 2 3 746 8 3 706 10 7 210 19 11 .. .. 4 8 6 Normal School .. .. .. .. .. .. 4,979 3 6 4,979 3 6 15 8 3 Staff .. .. .. .. .. .. .. 6,121 13 8 6,121 13 8 .. .. .. 24 19 7 Students .. .. .. .. .. .. 29,412 14 10 29,412 14 10 .. 33 12 7 Book Account .. .. .. .. .. .. 509 12 0 509 12 0 .. .. .. 123 13 11 Unemployment works — No. 5 .. .. .. .. .. .. .. 13 11 0 13 11 0 No. 13 .. .. .. .. .. .. .. 205 5 0 205 5 0 Total of special accounts .. .. 8,603 0 5 472,330 17 9 470,860 17 4 10,073 0 10 9,828 19 11 3,017 7 7 9,468 13 3 General Account .. .. .. .. .. 586 12 3* 9,257 15 9 8,699 9 0 28 5 6* .. 131 15 6 47 0 0 Grand total .. .. .. .. 8,016 8 2 481,588 13 6 479,560 6 4 10,044 15 4 9,828 19 11 3,149 3 1 9,515 13 3