8,—6.

Table No. 16. State Balance-sheet as at 31st Mahch, 1932. Liabilities. Assets »si oJ snn S o d ; Land / nd 8 . including Crown, settlement, and £ s . d. P Srr r :: , :: S: " ° ° inns \ \ CredHoS- r " 21 ' 725 ' 644]0 6 Railways, including permanent-way and workV, 37 ' 424 ' 630 9 7 Sundry ,„, , m ~ ,„ rolling-stock, and unopened lines .. .. 58,559,896 12 10 Interest on debenture* "and stock ' 674 ' 18 ° ",0 •" Jfflfg « » due and unpaid .. .. 12,129 53 , Drainage and irrigation schemes'' " 3 766248 8 2 Interest accrued but not due 779,552 17 11 Collieries, sawmills, quarries, &c " " 'm'm i? o Wages and other payments accrued 7,638 2 4 Armament and military stores, aviation equipment 2 944 256 5 4 Re™-" 6 ' •• 453,976 17 5 Oyster-beds, fish-hatcheries, equipLfnt, P m'S lit General , „», „,, ~ - Wharves, bridges, harbour-works, lighthouses, &c.. 833,689 6 7 ueneiai . ... 3,8b1,024 14 5 Plant, material, and furniture .. •{ 711 V,l 9 7 a-»— "•;::::;:: i £2&^=3M^u:: ss; ? Daa aeots, «o. .. .. 462,854 16 2 Advances on loan or mortgage .. r )9 750 689 15 0 Amount held on deposit .. .. 506,463 14 7 Debtors— " 'ou-o»j jo u Suspense .. .. .. 107,096 2 5 I Sundry o ion ain Q « PO c S ert?fit C tes inVeStment War " loan o IBn ftfi « - of land and buildings \ ] I',™'s 19 8 certincates .. .. .. 2,190,958 2 9 Postponed rents, &c. 288 078 4 1 Miscellaneousliabilit.es . .. 4 ,328 9 8 Interest and rent, due and unpaid and due and Excess of assets over liabilities .. 55,754,869 1110 accrued.. .. . .1,787,17117 3 Principal and interest 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. .. .. ~ 630 240 311 Unallocated loan charges .. .. 631,340 7 5 Earthquake expenditure .. 77 139 n 1 Payments in advance .. .. .. .. 227*290 18 6 Properties acquired by Crown and properties in course of realization .. 71 n 7QI q 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 . (j_ Main highways, roads, &o. 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 bodies .. .. 3,041 J217 12 0 Maori-land settlement .. 247,050 0 0 Miscellaneous .. .. 6,159,391 3 1 _ , 77,501,170 14 10 Cash — Public Account .. .. .. .. 1,042,091 16 8 Receiver-General .. .. .. ~ 4 ]g 4 State Advances Office Aceonnt 12 1 Post Office or Post Office Sa.vings-bank .. 185*722 14 9 Deposit accounts .. .. .. ~ 25,198 2 9 In hand and in transit .. .. ~ 43 533 3 g Miscellaneous assets .. .. .. ~ 12*423 19 5 £383,418,018 19 7 £383,418,018 19 7 w'ton°^d^ hOle £ f lblio debt :' loa " ?*penditure on war and other purposes not represented by JSf toTSteTrf SoSjll' e^etditTre? 1, ° f " °° m Tnterest £ received il *Tho analysis of the public debt on 31st March, 1932, was as follows:— Ordinary debt .. .. .. r«7 710 nna War debt .. .... 167,; 19,008 State Advances debt . " oHlo'^ Discharged soldiers debt .. '.'. " " 7668 87fi Revenue bills outstanding, 31st March, 1932 3*030*000 £281,942,800

XV