B. —1 [PT. IV], SUP. TO 1932.

STATE BALANCE-SHEET AS AT 31ST MARCH, 1932. Liabilities. Assets. Capital £ 8. d. Land and buildings, including Crown, settlement, and £ s. d. Public debt .. .. .. 281,942,800 2 5 endowment land, departmental land aiid buildings 42,131,203 1 4 Rural Advances bonds .. .. 4,001,650 0 0 State forests, nurseries, and plantations .. .. 37,424,630 9' 7 Public Debt Redemption Fund .. 21,725,644 10 6 Railways, including permanent-way and works, Creditors rolling-stock, and unopened lines .. .. 58,559,896 12 10 Sundry .. .. •• 1,674,180 14 10 Telegraphs, telephones, and wireless systems .. 10,863,958 13 11 Interest on debentures and stock Electrical schemes .. .. .. .. 11,635,282 7 4 due and unpaid .. .. 12,129 5 3 Drainage and irrigation schemes .. .. 3,766,248 8 2 Interest accrued but not due .. 779,552 17 11 Collieries, sawmills, quarries, &c. .. .. 423,691 15 9 Wages and other payments accrued 7,638 2 4 Armament and military stores, aviation equipment 2,944,256 5 4 Payments in advance, &c. .. .. 453,976 17 5 Oyster-beds, fish-hatcheries, equipment, &c. .. 138,383 1 11 Reserves Wharves, bridges, harbour-works, lighthouses, &c... 833,689 6 7 General .. .. •• 3,961,024 14 5 Plant, material, and furniture .. ~ .. 3,711,051 2 7 Sinking fund and reserves for loan- Libraries, books, museum exhibits, stationery, redemption .. .. - • 3,112,003 18 9 stamps, &c. .. •. ■ • • • 359,043 1/ 5 Depreciation .. .. .. 6,720,846 18 4 Live and dead stock, farm crops, &c. .. .. 178,421 19 8 Fire, accident, and marine insurance, Government steamers, launches, motor-cars, &c. .. 602,112 13 1 bad debts, &c. .. .. 462,854 16 2 Advances on loan or mortgage .. .. .. 59,750,689 15 0 Amount held on deposit .. .. 506,463 14 7 Debtors — Suspense .. •• •• 107,096 2 5 Sundry 3,320,417 8 5 Post Office investment and war-loan Unpaid purchase-price of land and buildings .. 1,345,607 19 8 certificates .. .. •• 2,190,958 2 9 Postponed rents, &c. .. .. •• 288,078 4 1 Miscellaneous liabilities .. .. 4,328 9 8 Interest and rent, due and unpaid, and due and Excess of assets over liabilities .. 55,754,869 11 10 accrued .. •• •• •• 1,787,171 17 3 Principal and interest .. .. 813,646 12 7 Special investments — Nauru phosphate rights .. .. .. 565,040 0 0 Bank of New Zealand shares .. .. .. 2,109,375 0 0 Public Trust Office (Public Debt Redemption Fund, &c.) .. •• •• •• 8,138,576 18 11 Special assets of various accounts — Native land schemes, &c. .. .. 630,240 3 11 Unallocated loan charges .. .. •• 631,340 7 5 Earthquake expenditure .. •• •• 77,139 11 1 Payments in advance .. . • • • _ • ■ 227,290 18 6 Properties acquired by Crown and properties in course of realization .. .. •• 710,731 9 1 Investments — _ Reserve Fund .. .. • ■ • • 321,107 13 9 Sinking funds .. .. • • • • 344,973 9 0 Miscellaneous, including investment of Treasury accounts .. •• 9,157,684 3 5 National Development Account — Expenditure on — £ s. d. Main highways, roads, &c. 26,601,965 211 Development of mining .. 867,777 15 11 Education .. .. 8,016,302 611 Immigration .. .. 3,320,541 10 6 Harbour-works .. .. 1,038,004 13 10 Land-development .. 703,353 6 7 Cost of raising loans .. 28,681 15 10 — 40,576,626 12 6 Other loan expenditure — War expenditure .. •• 66,664,166 5 4 Naval defence .. •• 1,389,351 14 5 Local bo'dies .. .. 3,041,217 12 0 Maori-land settlement .. 247,050 0 0 Miscellaneous .. .. 6,159,391 3 1 77f601 ,i 7 6 14 10 °PuHic Account 2 Receiver-General .. .. •• •• o qk'«oq i State Advances Office Account .. .. i Post Office or Post Office Savings-bank .. 185,72-14 9 Deposit accounts .. 25,198 2 J In hand and m transit .. . • •• ° ° Miscellaneous assets .. .. • • • • £383,418,018 19 7 £383,418,018 19 1 EXXI2S-JS ST-SCS of the local bodies' loan expenditure. G. C. Rodda, F.R.A.N.Z., Acting Secretary to the Treasury. I hereby certify that the above amalgamation of Balance-sheets has been compared with the relative audited accounts and correctly states the position as disclosed thereby, subject to the above departmental note.J. H. Fowler, Deputy Controller and Auditor-General. Approximate Cost of Paper.—Preparation, not given ; printing (478 copies), £190.

By Authority: W. A. G. Skinner, Government Printer, Wellington. 1933.

Price 2s. 3d.]

128