d.—a

STATEMENT No. General Balance-sheet as at 31st March, 1931. Liabilities. Assets. Sundry creditors General creditors (including £ s. d. £ s. d. Sawmills, Bush areas and £ s. d. £ s. d. unpaid wages) .. .. 230,206 11 5 stocks of timber .. .. .. 198,629 18 5 Government Departments 19,610 6 8 Stores and material on hand— Consolidated Fund (interest Stores Branch .. .. 758,228 18 11 unpaid) .. .. 3,726 18 1 Subsidiary services .. 9,362 14 0 253,543 16 2 : 767,591 12 11 Collections for refund to — Sundry assetsHarbour Boards, shipping Advertising Branch ~ 44,345 16 8 companies, and other Refreshment Branch .. 30,331 15 1 carriers .. .. 14,161 1 6 Road motor services .. 651 8 4 Government Departments .. 4,845 6 5 Housing improvement .. 16,007 1 7 19,006 7 11 91,336 1 8 Items to be written off on Sundry debtors — receipt of parliamentary , Advances to capital .. 111,082 0 6 authority .. .. .. 4,522 13 10 Government Departments 20,636 10 11 General Reserve .. .. 1,378,316 10 11 Advances to railway emInsurance Reserve Accounts— ployees under section 15 Fire .. .. .. 43,349 4 7 (5)" of Government RailWorkers' Compensation .. 12,230 0 0 ways Act, 1927 .. 8,016 7 5 Slips, Floods. and Accidents Work in progress and sundry Equalization Account .. 48,856 7 6 debtors .. .. 74,584 19 3 1,482,752 3 0 214,319 18 1 Betterments Reserve Account — Outstanding at stations — Refreshment Branch .. .. 4,006 17 3 Cash in hand .. .. 13,304 7 4 Reserve Account for Deprecia- Freight owing by Governtion of Capital Assets .. 1,658,252 19 6 ment Departments .. 12,665 15 3 Relaying Reserve .. .. 370,657 7 2 Freight owing by sundry Reserve for Renewal of Signal debtors .. .. 154,763 16 2 and Electrical Equipment 36,671 19 6 180,733 18 9 Reserve for Renewal of Re- Investments, Sick Benefit Fund .. 9,185 8 0 freshment Branch Equip- Cash in Working Railways Aement .. .. .. 2,328 0 0 count .. .. .. . 488,177 2 8 2,067,910 6 2 Accumulated loss, being paySick Benefit Fund .. .. .. 10,248811 ments in excess of net earn - ings made to Consolidated Fund on account of interest from Ist April, 1925, to 31st March, 1930 .. 2,042,016 1.2 9 Less advance from Consolidated Fund written off .. .. .. 150,000 0 0 1,892,016 12 9 £3,841,990 13 3 £3,841,990 13 3 H. Valentine, A.R.A.N.Z., Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts haue been duly examined and compared with the relative books and documents submitted for audit, and correctly set out the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

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