B.—l [PT. IV], Sup. TO 1932

MAIN HIGHWAYS ACCOUNT— continued. General Balance-sheet as at 31st March, 1932.

J. J. Gibson, Accountant, Public Works Department. F. W. Furkert, Chairman, Main Highways Board. I hereby certify that the Income and Expenditure 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. The following comment is appended: A reserve of £212,002 15s. sd. for redemption of securities has been set up and paid over to Loans Redemption Account, but the amount has not yet been applied to the redemption of securities.— J. H, Fowler, Deputy Controller and Auditor-General.

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LIABILITIES. CO "™ ; Total - ASSETS " | ' C0I1 Cf 0n Totel - — —— " ' | ~~ ! ' ~ i Accumulated Revenue Fund- £ 8. d. £ b. d. £ s. d. Cash in Public Account- £ s d £ s d £ s d RaWe at 31/3/31 . .. •• 383,717 4 1 At call .. .. .. .. .. .. 398,859 7 1 99,674 19 1 498,534 6 2 Excess of income over expenditure for 1931-32 .. 10,592 3 5 Sundry debtorsr Public Works Department .. .. .. .. 3,149 15 8 27,665 2 8 30,814 18 4 394 309 7 6 .. 394,309 7 6 Other Government Departments .. .. .. 5,098 3 0 .. 5,098 3 0 Non-departmental .. .. .. .. .. 1,813 13 5 7,494 15 6 9,308 8 11 p , -p , Motor-registration fees in hands of Postal Department .. 2,205 10 11 .. 2,205 10 11 construction una 99,493 10 4 Interest due and accrued .. .. .. .. 3,298 13 9 .. 3,298 13 9 District expenditure Subsequently treated « " Stocks of materials, tools, &c 20,713 « « 12,288 5 5 33,001 13 10 nrl-ir pea .... 14,155 17 1 Stocks, deficits account .. .. .. .. 78 16 8 69 18 0 148 14 8 Roadmen's cottages, huts, and road buildings generally .. 8,372 16 0 4,703 19 6 13,076 15 6 113,649' 7 5 Furniture, fittings, &c. £ s. d. Less excess of expenditure over income for 1931-32 .. 4 ' 145 °JL \l I 109,504 6 9 109,504 6 9 — 817 13 11 .. 817 13 11 s.jdjj mint Other Government Departments «,78« 3 3 6,OSS « 4 »,86» » 7 j Espenditnr, to 31/3/32 »0,882 7 3 ISTnr, departmental .. 1,839 -3 8 330 19 11 2,170 3 7 i Less depreciation charged to works 51,785 6 10 in«rmZnL:: :: :. .. «MKBISH 35,90s 9 2 116,574 si 39,097 0 5 .. 39,097 0 5 Motor-registration fees paid in advance .. .. 14,852 0 2 .. 14,852 0 2 Purchased for local authorities-Writings-off in Suspense 63,244 18 2 .. 63,244 18 2 Expenditure to 31/3/32 .. .. 158,508 12 3 Reserve for redemption of securities .. .. 78 16 8 69 18 0 148 14 8 Less repayments of principal .. 122,635 17 9 213,655 10 5 .. 213,655 10 5 35,872 14 6 .. 35,872 14 6 ! Amount in Loans Redemption Account .. 212,002 15 5 I Interest accrued to 31/3/32 .. .. 1,652 15 0 213,655 10 5 .. 213,655 10 5 Advances to local authorities (Main Highways Amendment Act, 1926, section 2) .. .. .. .. 80,398 9 7 .. 80,398 9 7 813,431 13 9 151,897 0 2 965,328 13 11 813,431 13 9 151,897 0 2 965,328 13 11