[Pt. 111, Sup.] .

22

WAR EXPENSES ACCOUNT. Balance-sheet as at 31st March, 1921. Liabilities. £ s. d. Assets. £ s. d. War Loan capital .. .. .. 80,855,970 0 0 Cash in Public Account .. .. 1,385,296 16 11 Securities issued to cover expenses of Imprests outstanding— £ s. d. raising loans .. .. .. 682,599 14 1 In New Zealand ..379,456 16 1 Contributions, &c, re- In London .. 4,029 2 2 ceived towards War £ s. d. ■ 383,485 18 3 Expenses Fund .. 174,148 10 6 Investments Account (War Loan Less amounts re- moneys) .. .. .. 1,655,500 0 0 fundedand . Investments on account Sinking Fund transferred .. 3,274 13 9 (see contra) .. .. .. 2,507,164 12 2 170,873 16 9 Sundry debtors (see footnote). Pay-warrants issued (see contra) .. 19,400 0 0 Pay-warrants redeemed (see contra).. 19,361 10 0 Remittances received for transmission Remittances to and from soldiers, paid to and from soldiers (see contra) .. 468,514 13 5 (see contra) .. .. .. 466,235 3 2 Sinking Fund (see contra) .. .. 2,507,164 12 2 Ordnance and equipment stocks .. 80,703 12 7 Canteen Fund (credit balance, Canteen Divisional equipment (first) .. 802,470 12 3 Account) .. .. .. 9,513 510 Forage stocks .. .. .. 2,209 110 Sundry creditors (see footnote). Rations stocks .. .. .. 18,541 311 Treasury Adjustment Account (in- Medical and surgical stocks .. 53,584 1 9 terest, &c.) .. .. .. 10,217,709 19 10 Farm stocks (implements, live-stock, crops, &c, at Pukeora and Hanmer) 3,122 16 10 Office furniture and equipment .. 6,998 9 4 Motor transport vehicles (including stocks, spare parts, &c.) .. .. 26,845 14 10 Artificial-limb factory (building, machinery, tools, and stocks) .. 8,931 19 7 Lands and buildings (offices, camps, hospitals, farms, &c.) .. .. 256,701 0 4 Advances to Repatriation Department (Repatriation Act, 1918) .. 1,473,527 911 Unauthorized expenditure (to be refunded) .. .. .. 64 2 6 Loans Flotation Ex- £ s. d. penses Account .. 697,599 4 6 \' Less amount written off for period 1914-21 .. 406,932 17 7 • 290,666 6 11 Excess of expenditure over revenue as per account .. .. .. 85,490,335 9 0 • £94,931,746 2 1 £94,931,746 2 1 Sundry creditors (estimated) . .. £2,408,388 0 0 Sundry debtors (estimated) .. £1,600,440 0 0 Note. —Owing to the difficulties of dissection at this stage and the contingent nature of many items the outstanding liabilities and assets (sundry creditors and debtors) have not been included in the balance-sheet figures, being shown as estimates only. The item " Sundry debtors " consists almost entirely of recoveries expected on adjustment of accounts with Imperial authorities and shipowners in London, and does not include any amount under the heading " Reparation money due from Germany." The item " Sundry creditors " includes various amounts, totalling about £1,350,000, expected to be paid by New Zealand on adjustment of accounts in London, the balance representing the outstanding liabilities on War Expenses Account in New Zealand. Income and Expenditure Account from Beginning of War to the 31st March, 1921. Expenditure. Income. To Advertising, printing and stationery, £ s. d. By Credit balance, Hanmer Farm £ s. d. office expenses, &c. (New Zealand Account .. .. 27 17 7 and abroad) .. .. .. 197,643 0 3 Credit balance, Pukeora Farm Cost of services of Postal Department Account .. .. 839 10 6 re payment of warrants in New Zea- Freights earned by transports 196,633 0 2 land .. .. .. .. 30,517 10 8 Excess of expenditure over in-Half-cost of expenses of raising and come, carried down .. 75,075,992 9 0 distributing relief funds .. .. 5,701 13 7 Preparation of war records and history 7,357 9 9 Camps, expenses of (including concentration) (New Zealand and abroad) 1,075,394 6 7 Clerical assistance (including audit) (New Zealand and abroad) .. 711,113 1 3 Commissions of Inquiry, various, cost of (including Defence Expenditure Commission) .. .. .. 7,816 5 2 Compassionate allowances .. .. 338 6 0 Carried forward .. ..£2,035,88113 3 Carried forward ..£75,273,492 17 3