B.—l [PT. IV, Sup.].

MARINE DEPARTMENT—-continued. Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. .4ssete. £ s. d. Capital .. .. .. .. .. 569,531 1 7 Land and buildings .. .. .. 36,967 17 0 Sundry creditors .. .. .. .. 3,484 1 3 Lighthouses (including land, towers, buildings, Rentals, &c., paid in advance .. 161 14 1 furniture, apparatus, and equipment) .. 255,558 15 8 Contractors'deposits .. .. .. 15 0 0 Automatic lights .. .. .. .. 41,472 4 3 Depreciation Reserve Account .. .. 62,849 15 3 Fog-signals .. .. .. .. 5,007 2 8 Radio direction-finding experiments .. .. 1,971 3 8 Radio direction-finding beacons .. .. 1,514 15 2 | Beacons, buoys, and moorings .. .. 7,400 10 2 Government steamers .. .. .. 19,881 18 5 Wharves .. .. .. .. .. 2,354 0 0 Harbour equipment (including boats, flagstaffs, signalling apparatus, tools, &c.) .. .. 2,020 14 0. Oyster-beds .. .. .. .. 125,367 14 10 | Oyster ketch and launches .. .. .. 7,473 10 0 Fish hatcheries and equipment .. .. 2,648 3 3 Fisheries Development Account .. .. 46,603 2 2 j Motor-vehicles .. .. .. .. 1,524 19 10 i Horses .. .. .. .. .. 598 9 5 Automatic flashing lamps .. .. .. 258 12 10 Test-pumps and pressure-gauges .. .. 277 15 0 | Office furniture and fittings .. .. .. 5, 523 9 6 i Mechanical office appliances .. .. .. 936 1 9 Library .. .. .. .. .. 1,471 5 4 £ s. d. Stores .. .. .. 14,285 14 1 Less writing off Suspense Account 234 8 8 14,051 5 5 Charts, saleable books and forms .. .. 2,882 2 1 National health, pensions, and unemployment insurance stamps .. .. .. 107 16 3 £ s. d. Sundry debtors .. .. 9,809 9 11 Less reserve for rebates, &c. .. 889 8 5 — 8,920 1 6 Treasury Adjustment Account .. .. 31,069 10 0 Excess expenditure over income .. .. 12,178 12 0 £636,041 12 2 £636,041 12 2 G. C. Godfrey, Secretary. J. E. Engel, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

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