B—l [Pt. IV]

STATE FOREST SERVICE— continued UTILIZATION BRANCH, ROTORUA CONSERVANCY— continued Balance-sheet as at 31st March, 1946 Liabilities £ Assets £ £ £ Sundry creditors .. .. .. .. .. 9,340 Plant .. .. .. .. .. 123,320 Fire Insurance Reserve .. .. .. .. .. 8,105 Charcoal plant .. .. .. .. 2,295 Profit and Loss Appropriation Account .. .. .. 31,759 125,615 Head Offioe Account .. .. .. .. .. 354,291 Less depreciation .. .. .. .. 9,115 116,500 Less reserve for renewals and maintenance of motor-vehicles .. .. .. 4,413 Less reserve for abnormal depreciation and maintenance.. .. .. .. 6,581 10,994 105,506 Buildings .. .. .. .. .. 106,711 Less depreciation .. .. .. .. 3,670 103,041 Constructional units .. .. .. .. 38,039 Less depreciation .. .. .. .. 1,509 36,530 Departmental property .. .. .. .. 6,507 Less depreciation .. .. .. .. 700 5,807 Establishment Account .. .. .. , . 23,647 Less depreciation .. .. . . .. 1,610 22,037

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