B.—9A,

w PUBLIC TRUST OFFlCE—continued. V Profit and Loss Account for the Year ended 31st March, 1940. „ , . Dr - £ s. d. Cr. £ s. d. [salaries .. .. .. .. 273,253 19 1 Commission, and other income (net .. .. 384,108 4 6 Overtime .. .. .. .. 5X7 j g Service charges—• £ s. d. Agents' commission .. .. 3,742 17 0 Services of High Commissioner 1,260 0 0 Services of General Post Office .. 882 5 0 5,885 2 0 Audit of books and accounts .. .. 850 0 0 Maintenance of premises and plant: Repairs, insurance, &c. .. .. 5,621 1 5 Rent .. .. .. .. .. 2,091 13 2 General charges— Advertising .. .. .. 4,041 1 2 Cleaning, heating, lighting, and power .. .. .. 6,311 13 11 Legal expenses .. .. 1,140 610 Kates .. .. .. 917 5 11 Miscellaneous payments .. 533 10 2 Postages and freight .. .. 6,046 16 7 Stamp duty on receipts and cheques .. .. .. 1,567 16 2 Telephone subscriptions .. 1,819 16 0 Printing, stationery, and requisites .. .. .. 5,782 5 1 Travelling-expenses .. .. 3,616 9 3 Salaries and expenses of Farm Inspectors .. .. 4,873 14 8 Salaries of Custodians and staff 7,881 5 5 44,532 1 2 Compassionate allowances to dependants of deceased officers .. .. .. .. 587 0 0 Losses on mortgages : On realization or by operation of the Mortgagors and Lessees Rehabilitation Act, 1936 .. .. .. 7,300 7 2 -Depreciation on office premises, furniture, plant, .. .. . . .. . . 17,522 17 2 Contribution to subsidy to Public Service Superannuation Fund .. . . .. ~ 3,365 8 7 - Land-tax .. .. .. .. 3,573 9 1 New Zealand Centennial Exhibition . . .. 706 18 4 Reserve for taxation .. .. .. 1,350 0 0 Balance, being net profit for year, transferred to Appropriation Account .. .. 16,951 5 11 £384,108 4 6 £384,108 4 6 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant. Profit and Loss Appropriation Account for the Year ended 31st March, 1940, Dr. £ s. d. Cr. £ 8 . d. Consolidated Fund: One-half profits for year ended Balance .. .. .. 133 7 g 31st March, 1939, payable in accordance with Profit and Loss Account: Balance transferred !! 16,951 511 section 24 (1) of the Finance Act, 1929 .. 133 7 6 Recovery, in part, of loss on sale of office property 27 10 0 Investment Fluctuation Account .. .. 8,489 711 Balance .. .. .. .. .. 8,489 8 0 £17,112 3 5 £17,112 3 5 £ s. d. Balance .. .. .. .. .. 8,489 8 0 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant.

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