H.—3o.

DAIRY-PRODUCE. Administration and General Expenses Account for the Year ended 31st July, 1941. Kingdom. New Zealand. Total. Dr. £ £ £ Or. £ Salaries .. .• ~ .. .. .. .. .. 6,300 8,485 14,785 Miscellaneous recoveries .. .. .. .. •• 241 Legal expenses .. .. .. .. .. .. .. 5 .. 5 Allocation of net expenses to Purchase and Sale Accounts — Office rent, maintenance, cleaning, telephone, and sundry expenses .. 822 1,601 2,423 season's produce— £ Postage, cables, and printing and stationery .. .. .. .. 204 1,470 1,674 Creamery butter .. .. .. .. .. 4,394 Travelling-expenses .. .. .. .. .. .. .. 3 76 79 Whey butter .. .. .. .. .. 56 Subscriptions, donations, and entertainment .. .. .. .. 24 .. 24 Cheese .. .. .. .. .. .. 1,724 Shipping inspection .. .. .. .. .. .. 1,670 975 2,645 6,174 Agency expenses: Lyttelton .. .. .. .. .. .. .. 225 225 1940-41 season's produce— Audit fees .. .. .. .. .. .. .. .... 270 270 Creamery butter .. .. .. .. .. 33,939 Depreciation .. .. .. .. .. .. .. 290 225 515 Whey butter .. .. .. .. .. 722 — Cheese .. .. .. .. .. .. 16,785 £9,318 £13,327 £22,645 Processed milk ... .. .. .. •• 481 ■ 51,927 Advertising in United Kingdom .. .. .. .. .. ... .. .. .. 2,663 Miscellaneous expenses .. .. .. .. .. .. .. .... .. 320 £ Cost of remittances to dairy companies .. .. .. .. .. .. .. 8,984 Interest on overdraft at Reserve Bank .. .. .. .. .. .. 23,381 32,365 Subsidy, Public Service Superannuation Fund .. .. .. .. .. .. .. 349 £58,342 £58,342 Final Purchase and Sale and Revenue Accounts, 1939-40 Season's Dairy-produce. Whey Butter. Cheese- Total. °S T iStto. Chee6e " TotaL £ £ £ £ Sales net f.o.b. after 31st July, 1940, to United £ £ £ £ Purchases net f.o.b. after 31st July, 1940 .. 1,808,954 22,601 584,721 2,416,276 Kingdom .. .. .. .. 1,793,522 22,609 593,911 2,410,042 Gross surplus on transactions after 31st July, Sales net f.o.b. after 31st July,, 1940 to other 1940, carried down .. .. .. 9,157 8 9,275 18,440 destinations .. .. .. .. 24,589 .. 85 24,674 £1,818,111 £22,609 £593,996 £2,434,716 £1,818,111 £22,609 £593,996 £2,434,716 £ £ £ £ Administration and general expenses .. 4,394 56 1,724 6,174 Gross surpluses on transactions after 31st July, £ £ £ £ Net surpluses on transactions after 31st July, 1940, brought down .. .. .. 9,157 8 9,275 18,440 1940, carried down .. .. .. 4,763 48* 7,551 12,266 — — — — £9,157 £8 £9,275 £18,440 £9,157 £8 £9,275 £1.8,440 — == Balance, being final surplus on purchase and sale of 1939-40 season's production carried £ Net surpluses and deficits on transactions after £ £ £ £ to dairy-produce Account .. .. .. .. .. .. .. 62,363 31st July, 1940, brought down .. .. 4,763 48* 7,551 12,266 Net surpluses and deficits on transactions up to 31st July, 1940 (as shown in accounts for year ended 31st July, 1940) .. .. .. *30,646 352* 80,936 49,938 Net surpluses and deficits on 1939-40 season's £25,883* £400* £88,487 £62,204 production — — 1 — : Recoveries due from manufacturers of special milk products .. .. .. .. 159 £62,363 £62,363

* Deficit.

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