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KAURI-GUM INDUSTRY ACCOUNT. Balance-sheet as at 31st March, 1932. Liabilities. £ s. d. Assets. £ s. d. Capital—Debentures at 4 per cent. .. .. 57,000 0 0 Realization Account—Assets in course of realization 7,323 11 7 Writings off reserve .. .. .. .. 7,268 10 2 Gum on hand .. .. .. .. 2,298 10 6 Treasury Adjustment Account .. .. 17,959 8 4 Advances on gum .. .. .. .. 25 3 2 Sundry debtors— £ s. d. Kauri-gum Control Board .. 249 10 7 Departmental .. .. .. 40 0 0 Miscellaneous .. .. .. 65 12 8 ■ 355 3 3 Investments, Public Debt Redemption Fund .. 829 19 6 Loss in Suspense .. .. .. .. 58 18 4 Accumulated loss to 31st March, 1931 (account abolished) .. .. .. .. 71,336 12 2 £82,227 18 6 £82,227 18 6 W. Robertson, Under-Secretary for Lands. W. E. Shaw, Accountant. I hereby certify that the balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : Stocks are shown at book value pending disposal.—G. F. C. Campbell, Controller and Auditor-General. Approximate Cost of Paper.— Preparation, not given; printing (715 copies), £4.

By Authority: W. A. G. Skinneb, Government Printer, Wellington.—l 932.

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