B.—l [Pt. IV].

WORKING RAILWAYS ACCOUNT —continued. General Balance-sheet as at 31st March, 1936, Liabilities. Assets. Sundrv creditors — £ 8. d. £ s. d. Sawmills, bush areas, and stocks £ s. d. £ s. d. General creditors (including of timber .. .. .. .. 186,476 11 8 unpaid wages) and credit Stores and material on hand balances .. .. 566,161 11 3 Stores Branch .. .. 767,787 18 J Government Departments.. 14,327 0 0 Subsidiary services .. .. 13,934 3 3 580,488 11 3 781,722 1 4 Collections for refund to — Sundry assets Harbour Boards, shipping Advertising Branch .. 22,089 3 7 companies, and other Refreshment Branch .. 31,129 15 11 carriers .. .. 20,991 12 6 Housing improvements .. 12,472 1 7 Government Departments 434 13 10 — 65,691 1 1 21,426 6 4 Sundry debtors — Items to be written ofl on Advances to capital .. 27,280 16 4 receipt of parliamentary Government Departments .. 7,988 1 6 authority .. •• 5,601 8 1 Advances: Housing scheme General reserve .. .. 1,144,552 17 8 under Government RailDepreciation reserve .. 439,944 5 8 ways Amendment Act, Renewals reserve .. .. 748,009 13 11 1927 Insurance reserves— Section 15 (5), Railway empire .. .. .. 93,197 10 5 ployees .. .. 1,561 6 4 Workers' Compensation .. 45,216 8 1 Work in progress, sundry Slips, Floods, and Accidents 102,753 311 debtors, and debit balances 95,659 2 8 2,573,673 19 8 132,489 6 10 Unemployment Fund— Unemployment Fund — SubsiSubsidy on works .. .. 98,315 8 6 dized works .. .. .. .. 98,315 8 6 Betterment reserve — Accrued interest on investments .. 8,679 15 6 Refreshment Branch .. . ■ • ■ 3,452 8 I Outstanding at stations Sick Benefit Fund .. .. • ■ • • 34,407 19 1 Cash in hand .. 11,635 410 Freights, &c., owing by Government Departments .. 74,733 18 2 Freights, &c., owing by sundry debtors .. .. •• 160,828 14 9 247,197 17 9 Working Railways Investments .. 615,940 0 0 Sick Benefit Fund Investments .. 34,090 9 9 Cash in Working Railways Account .. 1,146,763 8 7 £3,317,366 1 0 £3,317,366 1 0 W. Bishop, A.R.A.N.Z., Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly set out the position as disclosed thereby, subject to the above departmental note, and to the exception that the cost of exchange in respect of interest and other payments made in London during the year for the purposes of this account has not been charged to the account but has been borne by the Consolidated Fund.—G. F. C. Campbell, Controller and Auditor-General.

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