B.—l [PT. IV].

DEFENCE DEPARTMENT—continued. Balance-sheet as at 31st March, 1932. Liabilities. \ Assets. £ s. d. Capital Account — £ s. d. £ s. d. Land .. .. .. .. .. 318,598 16 10 Public Works Fund .. 1,309,368 10 5 Buildings.. .. .. .. .. 591,450 10 2 Consolidated Fund .. 2,264,357 18 9 Military stores and equipment— 3,573,726 9 2 Armament, heavy-gun and £ s. d. Value of gift assets .. .. .. 17,330 0 0 small-arms ammunition .. 1,043,767 18 2 Ordnance Depot stocks at 3,591,056 9 2 vocabulary prices .. 1,319,082 5 8 Creditors — £ s. d. Unit equipment and clothing Departmental .. .. 2,429 12 1 stocks .. .. 360,345 7 7 Sundry .. .. 4,974 4 3 Air and marine craft, aviation 7,403 16 4 equipment and stores .. 120,393 610 Rents received in advance .. .. .. 106 7 10 — 2,843,588 18 3 Depreciation Reserve Account .. .. 136,716 11 11 Horses .. .. .. .. .. 1.638 17 10 Stores Depreciation Reserve Account .. 190,817 1 2 Army Service Corps supplies .. .. 206 18 2 Aviation Depreciation Reserve Account .. 17,563 17 3 Office furniture .. .. .. .. 15,568 5 6 Nelson Rifle Prize Fund .. .. .. 1,078 8 6 Mechanical office appliances .. .. .. 5,588 18 4 Writings-off, Suspense Account .. . . 20,220 7 3 Libraries .. .. .. .. .. 1,129 10 2 Treasury Adjustment Account .. .. 316,541 0 2 Stationery and publications .. .. .. 4,624 14 5 Stamps .. .. .. .. .. 211 15 5 Rents accrued .. .. .. .. 196 18 6 Debtors — £ s. d. Departmental .. . . 16 14 8 Sundry .. . . . . 98 14 4 115 9 0 Medals and ribbons .. .. .. 4,337 5 11 Defence vessel" Janie Seddon " 3,734 11 10 Consumable stores on board 17 2 1 3,751 13 11 Wireless installation, short-wave .. .. 575 1 5 Assets in suspense .. .. .. .. 20,220 7 3 Nelson Rifle Prize Fund .. 1,000 0 0 Balance of interest on same 78 8 6 1,078 8 6 Excess of expenditure over income— Aviation Revenue Account 57,707 19 11 Ordnance Revenue Account 113,531 12 10 " Janie Seddon " Revenue Account .. .. 547 1 1 Headquarters Revenue Account.. .. .. 148,031 9 2 Territorial Revenue Account 105,978 6 1 Cadets Revenue Account .. 42,825 0 11 — 468,621 10 0 £4,281,503 19 7 £4,281,503 19 7 H. Turner, A.R.A.N.Z., Under-Secretary of Defence. L. C. Forgie, Accountant. I hereby certify that the Revenue Accounts 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 note. —G. F. C. Campbell, Controller and Auditor-General.

DISCHARGED SOLDIERS SETTLEMENT LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. Revenue Account foe Period ended 11th November, 1931. Dr. £ 8. d. Gr. £ s. d. To Transfer to Ordinary Revenue Account in By Accumulated funds as at Ist April, 1931 .. 587,111 14 10 terms of Finance Act, 1931 (No. 4), sec- Interest on investments .. .. .. 7,644 7 10 tion. 8 (1) .. .. .. .. 594,824 12 6 Interest on temporary transfers to other accounts .. .. .. .. 68 9 10 £594,824 12 6 £594,824 12 6 G-. C. Rodda, F.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account has been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. H. Fowler, Deputy Controller and Auditor-General.

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