H—24

INVERCARGILL LICENSING TRUST—continued Profit and Loss Account for the Year ended 31st March, 1948

5

— Avenal Hotel. Cecil Hotel. Deschler Hotel. Grand Hotel. Southland Hotel. Dr. Wages : Staff Salary: Manager Honoraria : Trust members Superannuation subsidyExpenses Cartage and freight Truck-running Furniture replacement Maintenance Rents, rates, insurance Interest Laundry Land-tax Depreciation— Buildings Furniture Plant Trucks Unauthorized expenditure Net profit Cr. Gross profit Net loss £ s. d. 1,827 17 11 481 17 4 320 10 8 7 16 6 88* 6 8 261 14 2 121 13 6 234 12 6 136 13 9 81 10 0 114 15 10 1,285'15 2 £ s.' d. 2,098 12 3 632 15 0 249'16 7 11519 11 385 0 11 544 8 3 1,026 0 8 228 18 3 275 2 5 98 12 8 121 0 1 2,996' 7 3 £ s. d. 4,756 17 10 681 9 6 683'14 2 4 19 6 528' 9 3 444 16 4 329 19 6 565 17 1 258 10 3 207 15 2 180 7 11 27 3 1 7211 5 £ s. d. 13,814 19 5 1,193 2 11 2,480 9 4 20 18 3 2,545' 8 8 746 2 5 2,065 11 1 4,379 2 1 896 1 9 1,267 7 2 607 19 4 784 5 8 5,67012 9 £ s. d. 2,898 12 6 487 10 0 508 13 9 16 8 4 196 17 11 193 8 11 173 1 11 705 9 5 161 8 7 178 17 2 161 2 6 1,650 19 9 4,963 4 0 8,772 14 3 8,742 11 0 36,472 0 10 7,332 10 9 £ S. d. 4,963 4 0 £ s. d. 8,772 14 3 £ s. d. 8,742 11 0 £ s. d. 36,472 0 10 £ s. d. 7,332 10 9 4,963 4 0 8,772 14 3 8,742 11 0 36,472 0 10 7,332 10 9 Brown Owl Restaurant. Clyde Hotel. Kelvin Hotel. Mary Street Bottle-store. Dr. Wages: Staff .. .. Salary: Manager Honoraria: Trust members Superannuation subsidy Expenses Cartage and freight Truck-running Furniture replacement Maintenance Rents, rates, insurance Interest Laundry Land-tax .. .. Depreciation— Buildings Furniture Plant Trucks Unauthorized expenditure Net profit v Cr. Gross profit Net loss £ s. d. 15,139 16 5 812 10 0 1,642* 5 9 205 16 7 1,739' 2 1 465 3 4 1,250 5 1 2,442 0 6 268 10 0 642 0 9 501 5 2 67 12 6 £ s. d. 2,649 13 2 460 8 4 310 18 11 10 0 145" 1 5 366 8 3 59 13 4 215 12 4 30 4 1 66 5 8 103 6 10 5,867' 9 3 £ s. d. 3,997 0 2 555 0 2 412' 4 2 0 9 9 226' 0 8 219 7 6 106 10 11 302 5 5 55 5 11 172 18 1 154 5 10 7,567' 3 10 £ s. d. 5,393 15 1 971 6 4 427"l2 6 6 13 6 345 14 8 132 19 6 479 13 4 310 19 11 76 0 5 170 3 1 176 11 11 12,140' 9 2 £ s. d. 156 18 7 74 16 11 65 2 9 66 8 3 12 0 0 ie 13 1 397 0 2 25,176 8 2 10,276 1 7 13,768 12 5 20,631 19 5 788 19 9 £ s. d. 22,755 14 1 2,420 14 1 £ s. d. 10,276 1 7 £ s. d. 13,768 12 5 £ s. d. 20,631 19 5 £ s. d. 788 19 9 25,176 8 2 10,276 1 7 13,768 12 5 20,631 19 5 788 19 9