A.—3

APPENDIX A—continued. COOK ISLANDS ADMINISTRATION—continued. Balance-sheet as at 31st March, 1939. Liabilities. Assets. £ a. d. £ s. d. £ s. d. £ s. d. Lands .. .. .. .. .. 9,913 5 0 Accumulated funds, Ist April, 1938.. 89,440 4 1 Buildings— .. .. .. 45,507 18 9 Less excess of expenditure over Additions .. .. .. 1,030 3 5 revenue .. .. .. 9,049 7 3 Accumulated funds as at 31st March, 46,538 22 1939— .. .. .. .. 80,396 16 10 Less depreciation .. .. 1,144 1 5 Storm Reparation Fund as at Ist 45,394 0 9 April, 1938 .. .. .. 1,046 2 9 Waterworks, Rarotonga .. .. 5,571 13 7 Interest for year ended 31st March, Less depreciation .. .. 222 17 4 1939 .. .. .. 23 10 11 5,348 16 3 Water-tanks, Outer Islands .. 1,388 10 4 Storm Reparation Fund, 31st March, 1939 .. 1,069 13 8 Additions .. .. .. 234 17 5 Reserve: Reconstruction freezer .. .. 3,629 18 8 Sundry creditors .. .. .. .. 2,000 13 2 1,623 7 9 Less depreciation .. .. 34 14 3 1,588 13 6 Telephone system .. .. 544 18 2 Less depreciation .. .. 27 4 11 517 13 3 Plant and tools .. .. .. 5,014 22 Additions .. .. .. 271 19 3 5,286 1 5 Less depreciation .. .. 377 16 5 4,908 5 0 Office furniture and fittings .. 721 5 1 Additions .. .. .. 107 8 6 828 13 7 Less depreciation .. .. 37 19 0 790 14 7 Furniture (household) .. .. 3,298 1 0 Additions .. .. .. 463 2 4 3,761 3 4 Less depreciation .. .. 256 1 9 3,505 1 7 Boats .. .. .. .. 705 7 11 Additions .. .. .. 95 8 7 800 16 6 Less depreciation .. .. 53 17 4 746 19 2 Motor-vehicles .. .. .. 1,392 0 0 Additions .. .. .. 253 0 0 1,645 0 0 Less depreciation .. . . 252 1 8 1,392 18 4 Fruit Control advances (local Treasury) .. . . . . .. 408 12 8 Stocks on hand .. .. .. .. 3,038 6 4 Sundry debtors .. .. .. 3,564 1 7 Less reserve for bad debts .. 173 6 1 3,390 15 6 Fixed deposit .. .. .. .. 1,069 0 6 Interest accrued .. .. .. .. 0 13 2 Cash in hand, Resident Agents .. 328 12 3 Cash in hand, Rarotonga .. .. 231 10 3 Cash in bank, Wellington Administration Account . . . . .. 4,254 010 Cash in bank, Wellington Treasury Account .. .. .. 269 3 5 5,083 6 9 £87,097 2 4 £87,097 2 4

15