E.—7

Statement op Income and Expenditure. ttrr-hemlitvrp Income. £ s. d. Salaries— £ s. d. £ s. d. Balanoe transferred from Farm Income and Administration .. .. 1,600 6 10 Expenditure Account . •• 14 * Administration: Lecturers and S ran j : w ea^an< ' School ofAgri •• 1 . _ research 6,382 17 0 Board M iz t> 8,043 4 4 Donations- — 7 2 0 Domestic wages .. •• •• •• 1,538 15 1 General .. •• •• •• •• Maintenance Wages .. .. •• •• 1,004 9 9 Research .. .. •• •• 0 5 1 Audit fee .. 52 6 3 Exchanges •• 0 6 • Bad debts .. . • • ■ ■ ■ • • 32 13 7 'o A Benefit Fund contribution .. .. •• 38 13 1 KA.S. fees .. •• • Entertainment 62 10 3 Less travelling-expenses . . . • 341 7 4 _ General College expenses .. •• 40 19 11 . 2 Interest on overdraft .. .. • ■ ■ ■ 149 3 3 Interest . . • • • • • • • • • „ Insurance .. .. ■■ 180 8 9 Rent o •• 3' 301 jq p, Laboratory materials .. .. .. •• 286 411 Students fees •• •• •• •• > Legal expenses .. .. •• 60 6 9 Short-course fees •• '' '' ,q Light and power .. .. .. .. 432 1 3 Loss to Accumulated Eund .. •• •• 406 19 iu Postage and telephone . • • ■ • • 245 210 Prizes and certificates .. .. . • ■ • 17 7 6 Rates .. • • ■ • ■ • • ■ 76 3 0 Railage .. .. ■ ■ • • ■ • 205 18 7 Repairs— Building . . .. • • ■ • .. 215 15 6 Furniture .. • ■ ■ • • ■ ■ ■ 0 18 6 Stationery, printing, and advertising . . .. 375 4 0 College Scholarship Account .. .. • • 46 1 2 Architects' fees .. .. ■ • • • 46 19 0 Travelling-expenses .. .. . • • • 647 12 8 Students' books .. .. • • • ■ 9 14 10 Depreciation . . .. • • • ■ 1 > 654 1 1 1 Students'maintenance .. .. 2,606 17 8 4 £18^69JL4_j Balance-sheet as at 31st December, 1938. Liabilities. Assets. , £ s. d. £ s. d. Land— £ s. d. £ s. d. Accumulated Fund .. .. 157,789 7 5 College .. .. .. 51,985 0 0 Transfer of Government grants .. 19,483 5 0 Endowment lands .. .. 57,181 1 J Hakataramea . * .. o u Plus special grant 117,272 12 5 " 111,933 from School of Buildings Agriculture for College .. • • • • 44,955 9 J reduction of £ s. d. Hakataramea .. .. 0 0 overdraft ..2,500 0 0 Improvements .. .. 457 lz 4 Ashley Dene sheep „ , previously , 47 i l R omitted from Less depreciation .. .. 1,175 6 6 stock ..1,728 0 0 . ~ 17 ln 43,Sd ' i 0 4,228 0 0 Furniture and fittings .. .. I,OIM 1/ iu Less depreciation .. . • 81 3 5 181,500 12 5 . Q " X ' 6l2 14 0 Less excess of expenditure over Utensils •• •• income 406 19 .10 Less depreciation .. .. 49 12 0 181,093 12 7 -— ——- 94i (> * New building grant to 31st Plant and machinery .. .. J" . December, 1938 .. .. .. 849 10 10 Less depreciation . . .. 247 17 10 Grant to Insectary .. .. .. 151 19 2 "> Mortgage: Rattray .. .. .. 1,750 0 0 Laboratory equipment .. .. 804 16 9 College funds— L e ss depreciation . . . ■ . 7 , Bledisloe Medal Fund 100 0 0 _ o Bledisloe Income and Expendi- Library .. •• •• Ml > ture Account .. .. 13 16 1 Less depreciation .. .. 267 10 4 , J. Osborne Fund .. .. 505 0 0 - !. (l J. Osborne Income and Expendi- Mortgage: D. Hunt .. .. • • > ture Account .. .. 1 14 1 Inscribed stock Wreford Reed Fund . . .. 100 0 0 Wreford Reed .. .. 100 Wreford Reed Income and Osborne .. .. •• 0 ) Expenditure Account .. 15 17 4 Bledisloe . . .. • • 0 Dr. Hilgendorf Trust Fund .. 105 13 7 1 ° 842 .1 1 C.A.C. Endowment Trust— ' Overdraft, Bank of New South Wales .. .. 4,699 13 5 Inscribed stock .. .. 645 0 0 Outstanding liabilities .. .. •• 634 13 7 No. 2 Account, Bank of New South Wales .. .. 1,273 18 <s 1 ,918 18 3 Live-stock— Horses . . • ■ ■ • 443 0 0 Sheep 5,757 7 6 Pigs .. . • • ■ 102 18 .0 Poultry .. .. • ■ 48 19 0 Cattle' .. .. ■ • 744 0 0 - 7,096 4 6 Wool 800 0 0 Crops 3,396 5 0 Crops on consignment .. • ■ 224 11 9 Students' books .. ■ ■ • ■ 51 i « Stationery .. .. .. rn n n Provisions: Stock .. .. • • "0 0 0 Student debtors .. .. •• ® Sundry debtors .. •• 2,605 13 Sub. Clover Account .. • • 974 15 4 Less grant received to 31st December .. •• 500 0 0 474 15 4 Rates paid in advance .. . • • ■ 52 16 0 Accrued items —• Interest .. • • • • 54 18 10 Rent . .. •• 876 3 0 931 1 10 £190,021 10 8 £190,021 J-g. 8

Approximate Cost of Paper.—Preparation, not given ; printing (860 copies). £70.

Price is.]

By Authority: E. V. Paul, Government Printer, Wellington, —1939.

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