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B—l [Pt. IV]

STATE FOREST SERVICE UTILIZATION" BRANCH, ROTORUA Working Accounts for the Year ended 31st March, 1945 Waipa Creosote Plant

Dr. £ Gr. £ Stocks, Ist April, 1944 .. .. .. .. .. 23,768 Sales .. .. .. .. .. .. .. 21,813 Wages, creosote, timber purchases, &c. .. .. .. 15,184 Stocks, 31st March, 1945 .. .. .. .. .. 18,059 Balance, to Profit and Loss Account .. .. .. 920 £39,872 £39,872 Waipa Sawmill and Box-factory Dr. £ Cr. £ Stocks, Ist April, 1944 .. .. .. .. .. 33,493 Sales .. .. .. .. .. .. .. 293,073 Milling, kiln drying, maintenance, &c. .. .. .. 262,316 Stocks, 31st March, 1945 .. .. .. .. .. 43,423 Balance, to Profit and Loss Account .. .. .. 40,687 £336,496 £336,496 Profit and Loss Account for the Year ended 31st March, 1945 Dr. £ Gr. £ Profit and Loss Appropriation Account .. .. .. 41,607 Sawmill and Box-factory Working Account .. .. .. 40,687 Creosote Working Account .. .. .. .. .. 920 £41,607 £41,607

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