B.—l [PT. IV].

BANK OF NEW ZEALAND SHARES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1939. Expenditure. £ s. d. Income. £ a. d. Interest on consolidated stock .. .. 32,500 0 0 Dividends declared for the year .. .. 164,062 10 0 Management charges on consolidated stock .. 257 8 3 Excess of income over expenditure .. .. 131,305 1 9 £164,062 10 0 £164,062 10 0 Balance-sheet as at 31st March, 1939. Liabilities. Assets. Loan capital, New Zealand consolidated stock — £ s. d. Bank of New Zealand shares (at nominal value) — £ s. d. 3£ per cent., 1940 .. .. .. 500,000 0 0 500,000 preference A shares .. .. 500,000 0 0 4 per cent., 1943-63 .. .. .. 375,000 0 0 1,375,000 preference B shares .. .. 1,375,000 0 0 Consolidated Fund capital .. .. .. 984,375 0 0 234,375 long-term-mortgage C shares .. 234,375 0 0 Capital reserve .. .. .. .. 250,000 0 0 Dividends declared but not paid .. .. 75,781 5 0 Accrued interest on consolidated stock .. 6,650 13 9 Treasury Adjustment Account .. .. 62,174 10 6 Excess of income over expenditure .. .. 131,305 1 9 £2,247,330 15 6 £2,247,330 15 6 A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Loiid.), Accountant to the Treasury. I hereby certify that the Income and Expenditure Account 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 explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV], —Cyril G. Collins, Controller and Auditor-General. GOVERNMENT FIRE INSURANCE FUND. Revenue Account tor the Year ended 31st March, 1939. Dr. £ s. d. Cr. £ s. d. £ s. d. Accumulated Fund as at Ist April, 1938 .. 33,681 0 6 Claims— Interest on funds invested in Common Fund of Education .. .. .. 9,840 5 9 Public Trust Office .. .. .. .. 1,397 011 Lands and Survey .. .. 3 610 Contribution by Government .. .. .. 50,000 0 0 Prisons .. .. .. 410 0 0 Police .. .. .. 89 16 8 Mental Hospitals .. .. 997 16 0 Public Works .. .. 933 0 5 12,274 5 8 Accumulated Fund as at 31st March, 1939 .. 72,803 15 9 £85,078 1 5 £85,078 1 5 Balance-sheet as at 31st March, 1939. Liabilities. £ s. d. £ s. d. Accumulated Fund as at 31st March, 1939 .. 72,803 15 9 Investment in Common Fund of Public Trust Office 75,704 14 3 Claims due but not paid (departmental creditors) 2,915 3 0 Sundry debtor for claim overpaid .. .. 14 4 6 £75,718 18 9 £75,718 18 9 Contingent liabilities. £s. d. Estimated cost of replacing Defence Department buildings destroyed by fire .. .. .. 4,490 0 0 Estimated cost of replacing Police residence, Cheviot, destroyed by fire .. .. .. 1,800 0 0 £6,290 0 0 A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—Cyril Collins, Controller and Auditor-General.

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