3

D.—2

STATEMENT No. 1— continued. General Balance-sheet as at 31st March, 1929. Liabilities. Assets. Sundry creditors— £ s. d. £ s. d. Sawmills— £ s. d. £ s. d. General creditors (including Stocks of timber, &c. .. .. .. 258,828 19 0 unpaid wages) .. .. 290,187 18 7 Stores and material on hand— Government Departments .. 19,881 6 11 Stores Branch .. .. 806,285 18 3 310,069 5 6 Advertising Branch .. 1,611 4 6 Collections for refunds to— Refreshment Branch .. 6,793 2 1 Harbour Boards, shipping com- Training-school Hostel .. 71 7 2 panies, and other carriers .. 23,968 18 0 814,761 12 0 Government Departments .. 1,062 10 0 Sundry assets— 25,031 8 0 Advertising Branch .. 54,216 2 10 General Reserve Fund .. .. ..1,378,316 10 11 Refreshment Branch .. 26,836 0 4 General Renewals, Betterments, and Depreciation Housing Improvement .. 11,183 14 7 Funds .. .. .. .. ..1,358,921 12 1 92,235 17 9 Insurance Funds .. .. .. .. 43,316 6 8 Sundry debtors— Sick Benefit Fund .. .. .. .. 6,303 18 9 Advances to capital .. 145,696 0 9 Items to be written off on receipt of parliamentary Government Departments ... 10,277 3 7 authority .. .. .. .. .. 2,788 19 4 Advances under Hutt Valley Lands Settlement Act, 1925 10,701 11 8 Advances to Railway Employees under section 15 (5) of the Government Railways Act, 1927 .. .. 34,984 9 5 Work in progress and sundry debtors.. .. .". 60,443 4 2 262,102 9 7 Less amounts paid in advance 102,360 11 11 159,741 17 8 Accrued interest on investments 2,708 2 6 Accrued subsidy on branch lines and isolated sections .. 38,130 11 10 40,838 14 4 j Outstanding at stations— Cash in hand .. .. 78,058 16 9 Freight owing by Government Departments .. .. 47,422 14 9 Freight owing by sundry debtors.. .» .. 144,792 7 9 —— 270,273 19 3 Investments .. .. 345,000 0 0 Cash in Working Railways Account .. .. .. 340,236 1 6 * 685,236 1 6 Net Revenue Account .. .. .. 802,830 19 9 £3,124,748 1 3 £3,124,748 1 ~3 H. Valentine, A.R.A.N.Z. Chief Accountant.