8.—13.

HOUSING ACCOUNT —continued. Profit and Loss Account for the Year ended 31st March, 1940. Dr. £ s. d. Cr. £ s. d. Balance, Ist April, 1939 .. .. .. 95,692 19 4 Sundries .. .. .. .. .. 124 1(5 4 Loss for the year (see Combined Revenue Account) 20,209 411 Balance, Ist April, 1940 .. .. .. 116,099 6 9 Rural housing preliminary expenditure . . 321 18 10 £116,224 3 1 £116,224 3 1 £ s. d. Balance .. .. .. .. £116,099 6 9 Construction Branch : Preliminary Expenses Account at the 31st March, 1940. Year ended 31st Total to 31st Year ended 31st Total to 31st March, 1940. March, 1940. March, 1940. March, 1940. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. Interest during construction 22,756 19 0 37,628 13 3 Transfer to Factories and Interest on land purchased .. 8,416 410 14,626 17 7 Plant Capital Account .. .. 746 0 0 Advertising .. 890 7 0 2,532 17 11 Army Department construcAudit fees .. .. 1,240 0 0 2,240 0 0 tion; Recoupment of superDcpreciation (furniture, vision charge .. .. 974 14 8 974 14 8 motor-cars, tools and plant) 952 4 5 1,756 6 10 Rentals: Land held pending Light, heating, and cleaning 1,029 011 1,969 5 7 erection of dwellings .. 1,391 7 3 1,391 7 3 Plans and schedules .. 3,576 12 9 19,088 17 8 Balance .. .. .. 164,754 411 328,720 13 4 Quantity surveying .. 568 5 2 1,946 17 3 Valuation fees .. 8,529 0 3 8,758 14 3 Postages and telegrams .. 1,070 15 2 1,955 8 3 Printing and stationery .. 2,37211 8 5,421 5 7 Office maintenance .. 1,866 2 9 2,515 12 4 Motor-vehicle maintenance .. 1,336 17 6 2,364 12 0 Rent .. .. .. 4,612 9 3 8,075 7 8 Salaries .. .. .. 89,288 1 5 180,108 5 8 Telephones .. 1,709 18 7 2,497 4 2 Travelling-expenses . . 8,033 19 6 15,044 7 9 Workers' compensation insurance .. .. .. 4,915 6 8 6,323 5 8 Administration costs payable to State Advances Corporation .. .. .. 3,741 11 3 16,189 4 1 Contingencies .. .. 213 18 9 789 11 9 £167,120 610 £331,832 16 3 £167,120 610 £331,832 15 3 £ s. d. Balance .. .. .. .. .. £328,720 13 4

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