726 



Journal of Agriculture, Victoria. [15 Dec.^ 1919. 



£ s. d. 

 Liabilities at :JOth June, 



1916 .. .. 96,663 S 9 



under war conditions, only a small acreage was planted, but the financial result 

 was comparatively good. The price paid for beets was 25s. per ton. 



£ 5. d. 

 Assets — Land, Plant, 



Equipment, &c. . . 57,007 10 10 

 Debtors, &c . . 2,842 13 5 



Stocks . . . . 16,955 



Profit and 



Loss A/c 16,669 6 2 

 Loss for year, 

 after In- 

 terest and 

 Deprecia- 

 tion 3,188 18 4 



19,858 4 6 



£96,663 8 9 



£96,663 8 9 



1916-17. 



1,320 acres were harvested for 15,159 tons of beet, producing 1,948 tons of 

 sugar. The price of beets was 27s. 6d. per ton. Floods destroyed some 300 acres 

 of the area planted, otherwise the season was good, and the factory was enabled 

 to run to much tetter advantage on the improved tonnage, showing a profit of 

 £8,013 13s. 2d. 



£ s. d. 



Liabilities at 30th June, 



1917 .. .. 121,159 1 



£121,159 1 



d. 



£121,159 1 



1917-18. 



1,200 acres were harvested for 14,487 tons of beet, producing 1,650 tons of 

 sugar. Tlie price of beets was 27s. 6d. per ton, and the yield satisfactory. The 

 sugar 'content, owing to climatic conditions and somewhat doubtful seed, was 

 low, thereby modifying the production of sugar and the profits. 



£ s. d. 

 Liabilities at 30th June, 



1918 .. .. 109,139 2 



£109,139 2 



Assets — -Land, Plant, 



Equipment, &c. 



Debtors, &c 



Stocks 

 Profit and 



Loss A/c 11,844 11 4 

 Profit for 



year, after 



Interest 



and Depre- 

 ciation 1,867 11 6 



54,968 11 



2,138 10 



42,055 



9,976 19 10 

 £109,139 2 



