8.—6.

Details of Assets included above. (Note : Stores or supplies in hand not included in assets.) Cash and investments — *Cash in the Public Account and in the hands of officers of the £ £ £ Government .. .. .. .. .. 871,160 fLess liabilities outstanding, 31st March, 1932 .. .. 1,839,247 Dr. 968,087 investment of cash balances .. .. .. .. .. 5,570,021 Post Office Savings-bank Reserve Fund .. .. .. .. 1,000,000 Bank of New Zealand shares (nominal value) .. .. .. 2,109,375 JPublic Debt Redemption Fund .. .. .. .. .. 21,725,645 29,436,954 Sinking funds accrued— State Advances debt .. .. .. .. .. .. 2,080,783 State Coal-mines .. .. .. .. .. .. 7 ; 990 Westport Harbour loans .. .. .. .. .. 261,828 Samoan loan .. .. .. .. .. .. .. 22,392 Nauru and Ocean Islands Sinking Fund Account .. .. .. 65 Electric Supply Sinking Fund Account .. .. .. .. 62,059 1 2,435,117 Loans and advances outstanding— Mining purposes .. .. .. .. .. .. 37 5 370 Local bodies (annuity value of interest receivable) .. .. .. 716,964 Samoan loan, less sinking fund .. .. .. .. .. 148,808 Repatriation advances outstanding, 31st March, 1932 .. .. 211,999 £ Discharged soldiers' mortgages and property held .. . .14,513,304 Less amount included in Public Debt Redemption Fund .. 10,500,000 4,013,304 State Advances—Mortgages and property held, less sinking funds and investments included elsewhere .. .. .. .. 40,195,417 General purposes relief—Advances outstanding .. .. .. 32,609 Rural Intermediate Credit Board—Advances outstanding .. .. 400,000 45,756,471 Revenue Earning and Trading Accounts— Railways (capital cost, including unopened lines and value of assets taken over from provinces, less capital written off to 31/3/32) .. 59,050,726 Telephones and Telegraphs (value of assets) .. .. .. 10,383,503 Electric-power supply and development (capital expenditure) . . 11,554,265 Westport Harbour-works (value of assets).. .. .. .. 472,275 Lighthouses and harbour-works (capital expenditure) .. .. 1,303.850 Tourist and health resorts (capital expenditure) .. .. .. 678,831 State coal-mines (value of assets) .. .. .. .. 185,153 Kauri-gum (trading capital) .. .. .. .. .. 9,647 Nauru and Ocean Islands (purchase price of rights).. .. .. 565,040 84,203,290 Lands and forests — Crown lands (estimated value, including settlement lands, Native lands, and education reserves) .. .. .. .. 31,230,811 Land-drainage schemes (capital invested) .. .. .. .. 1,932,263 Irrigation and water-supply (capital expenditure) .. .. .. 1,006,492 Waihou and Ohinemuri Rivers improvement (capital expenditure) . . 747,489 Lands improvement (capital expenditure) .. .. .. .. 699,609 New Zealand Reparation Estates (value of Dominion's interest) .. 684,661 Howard Estate .. .. .. .. .. . . 84,895 State forests (estimated value of forests, reserves, plantations, and nurseries) .. .. .. .. .. .. 37,382,995 73,769,215 Indirectly productive expenditure— Public buildings (including school buildings) .. .. .. 16,222,819 Roads (including roads on Crown lands and main highways).. .. 27,842,066 Quarries (acquisition and working) .. .. .. .. 9,743 Development of mining (capital expenditure) .. .. .. 881,065 Immigration (capital expenditure) .. .. .. 3,314,905 48,270,598 £283,871,645

* Does not include trust, deposit, or sinking funds, or certain other accounts included elsewhere. t After deducting £24,704, credits due from other Governments, from the total liabilities. i Includes £10,500,000 previously included under discharged soldiers' mortgages, and £11,225,645 of accumulated sinking funds.

XV