H.—3oa.

Balance-sheet as at 31st March, 1940. £ £ Overdraft, Reserve Bank of New Zealand .. .. 217,075 Land .. .. .. .. .. ~ 12,577 Creditors — £ Buildings .. .. .. . . .. 24,270 Sundry .. .. .. .. 145,834 Motor-vehicles .. .. .. .. .. 2'249 Departmental .. .. .. 7,316 Loose tools and equipment, plant, furniture, and 153,150 office appliances .. .. .. ~ 21,819 Reserve for renovations and repairs to premises at Goodwill .. .. .. .. .. 19,000 Thorndon .. .. .. .. .. 600 Stock-in-trade .. .. .. .. .. 201,093 Reserve for Public Service Superannuation Fund .. 184 Stocks of stationery, petrol, packing-materials, &e. .. 4,514 Reserve for insurance on fruit in transit and cool . Debtors — £ stores in New Zealand .. .. .. .. 500 Sundry .. .. .. .. 271,376 l'Vuit Advertising Suspense Account .. .. 220 Departmental .. .. .. 4,488 Butter-processing machine royalty reserve .. .. 24 275,864 Reserve for taxation .. .. .. .. 30,000 Payments in advance .. .. .. .. 273 Gift Parcel Account (honey) .. .. .. 50 Cash in hand .. .. .. .. .. 29 Reserve for honey advertising (London) .. .. 6,458 Losses in Suspense .. .. .. .. 277 Honey Seals Account .. .. .. .. 6,838 Profit and Loss Appropriation Account .. .. ]6,327 Honey Pool Account .. .. .. .. 10,303 Butter Equalization Account .. .. .. 152,613 Writings-off Reserve .. .. . . .. 277 £578,292 £578,292 (Sgd.) Jas. E. Thomas, for Director. (Sgd.) G. 0. Jupp, Accountant. I hereby certify that the Trading Account, Profit and Loss Account and Appropriation Account, the Butter Equalization Account, the Honey Section Local and Export Pool Account, and the Balancesheet have been duly examined and compared with the relative books and documents submitted for axidit, and correctly state the position as disclosed thereby.—Cyril, G. Collins, Controller and Auditor-General.

By Authority: E. V. PAUL, Government Printer, Wellington. —l94o.

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