H—24

INVERCARGILL LICENSING TRUST— continued Combined Trading Account tor the Year Ended 31st March, 1949 tocks on hand, Ist April, Sales— £ s. d. -£ s. d. 1948— £ s. d. £ s. d. £ s. d. Bar and store takings .. .. 283,401 19 6 Cellar .. .. 4,504 19 7 Board and residence .. .. 43,440 0 3 Provisions .. .. 3,980 9 5 326,841 19 9 8,485 9 0 Restaurant .. .. .. 12,958 9 7 Purchases during year— Elmwood .. .. .. .. 7,861 0 8 Cellar .. .. 179,202 18 10 Cake kitchen .. ... .. 7,608 9. 2 Provisions .. .. 32,425 6 2. Milk-bar .. .. .. .. 5,340 10 0 211,628 5 0 33,768 9 5 220,113 14 0 Less stocks on hand, 31st March, 1949— Cellar .. .. .. 4,082 8 9' Provisions .. .. .. 3,137 2 4 7,219 11 1 Cost of goods sold .. .. .. .. 212,894 2 11 Gross profit .. .. .. .. .. 147,716 6 3 £360,610 9 2 £360,610 9 2

10