E.—7.

SCHOOL OF FORESTRY. Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ 3 , d. Transfer from T. W. Adams School of Forestry Balance .. .. .. .. .. 2,449 3 (i Bequest Account .. .. .. .. 117 14 1 Balance .. .. .. .. .. 2,331 9 5 £2,449 3 6 £2,449 3 6 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Depreciation of equipment .. . . .. 21 0 0 Capital .. . . .. .. .. 21 0 0 £21 0 0 £21 0 0 Balance-sheet as at 31st December, 1938. Liabilities. £ s. d. Assets. Cash Account overdrawn .. .. .. 2,331 9 5 £ s. d. £ s. d. Cash Account, Ist January, 1938 .. 2,138 11 6 Plus Income and Expenditure .. 21 0 0 2,159 11 6 Less transfers from T. W. Adams School of Forestry Bequest Account .. .. .. 117 14 1 2,041 17 5 Equipment and apparatus .. 210 12 0 Less depreciation .. . . 21 0 0 __ igy 12 0 Library books .. .. . . .. 100 0 0 £2,331 9 5 £2,331 9 5 SCHOOL OF ENGINEERING. Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. Balance .. .. .. .. .. 2,517 19 1 Salaries .. .. .. .. .. 6,788 8 9 Government grants .. .. .. .. 5,005 0 0 Library books .. .. .. .. 79 18 8 Students'fees . .. .. .. .. 1,810 17 4 Testing fees .. .. .. .. .. 37 11 7 Testing fees .. .. .. .. 157 17 6 General expenses— £ s. d. Sundries. £s. d. Heating and lighting .. ~ 249 2 7 Interest ~ .. .. .. 158 11 I Insurance .. .. .. 38 12 9 Sales, &o. .. .. .. 9 3 3 Printing, stationery, and advertising 65 8 8 167 14 4 Material and apparatus .. .. 242 19 3 Transfer from Museum, Library, and School of Repairs to buildings .. .. 7 11 3 Technical Science .. .. .. .. 800 0 0 Sundries .. .. .. 33 11 4 Administration .. .. .. 205 0 0 Furniture .. .. .. 20 1 1 862 6 11 Balance .. .. .. .. 2,691 2 4 £10,459 8 3 £10,459 8 3 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. .. .. 6,788 8 9 Government grants .. .. .. .. 5,005 0 0 Library books .. .. .. .. 79 18 8 Students'fees .. .. .. .. 1,815 8 4 General expenses .. .. .. .. 841 12 5 Testing fees .. .. .. .. .. 180 2 4 Depreciation: Equipment .. .. .. 680 2 0 Interest .. .. .. .. .. 158 11 I Sales, &c. .. .. .. .. ~ 9 3 3 Transfer from Museum, Library, and School of Technical Science .. .. .. .. 800 0 0 Capital: Transfer of balance .. .. .. 421 16 10 £8,390 1 10 £8,390 1 10

4—E. 7.

25