H—3o

NEW ZEALAND SHEEP-SKIN CONTROL Purchase, Sale, and Revenue Account for the Year ended 30th June, 1946 Dr. £ Or. £ Stocks, 30th June, 1945 .. .. .. •• 213,645 Sales .. .. .. .. .. .. .. 876,184 Purchases .. .. .. .. •• •• 712,848 Stocks, 30th 7 June, 1945 .. .. .. .. 237,646 Working charges and trading expenses .. .. .. 159,995 Gross surplus .. .. .. .. •• •• 27,342 £1,113,830 £1,113,830 Administration expenses— £ » £ Salaries .. .. .. .. •• 9,529 Gross surplus .. .. .. .. .. .. 27,342 Travelling-expenses .. .. .. • • • • 981 Postages and telegrams .. .. . • • • 280 Telephones .. .. . • • • • • • • 601 Stationery .. .. .. • • • • • • 290 Exchange .. .. • • •• • • • • 9 Interest .. .. •• •• •• •• 1,960 Sundry .. .. • • • • • ■ • • 482 Rent •• •• 793 Insurance .. .. x • • • • • • • 29 Net surplus .. .. • • •• •• •• 12,388 £27,342 £27,342

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