B.—l [PT. IV], Sup. TO 1940

MINES DEPARTMENT— continued. Balance-sheet as at 31st March, 1940. Liabilities. £ £ Assets. £ Capital Account— Land .. .. ~ .. ~ ~ 4,349 Consolidated Fund .. .. .. 24,19J Buildings .. .. .. " " '772 Public Works Fund .. .. .. 805,038 Carbons .. .. .. .. .. 1,340 829,229 Motor-cars .. .. .. .. .. '694 Grey Rescue Station accumulated fund, as per Revenue Furniture and fittings .. .. .. ~ 868 Account .. .. .. .. 3,501 Mechanical office appliances a,nd instruments .. .. 438 Creditors— £ Stamps and saleable publications .. .. .. 352 Departmental .. .. .. 80 Drills and equipment .. .. .. .. 4,668 Sundry .. .. .. .. 5,979 Libraries and maps, exhibits, and mineral specimens .. 260 6,059 Stores .. .. .. .. .. 9,045 Reserves: Reserve for bad and doubtful debts .. 500 Humphries Gully water-race .. .. .. 300 Writing off Suspense Account .. .. .. 1,340 Mine Rescue Station— £ Amounts held in deposit .. .. .. .. 4,124 Buildings .. .. .. .. 1,846 Treasury Adjustment Account .. .. .. 58,492 Plant .. .. .. .. .. '918 Rescue van .. .. .. ~ 410 Stores on hand .. .. .. .. 36 3,210 Mortgage .. .. .. .. 6,243 Interest accrued and unpaid . . .. 1,345 7,588 Loans .. .. .. .. .. 12,472 Interest accrued and unpaid .. .. 248 12,720 DebtorsDepartmental .. .. .. .. 266 Sundry .. .. .. 11,859 12,125 National Development Account: Development of Mining 793,590 Assets in Suspense Account .. .. .. 1.340 Deposits Account— £ Post Office .. . . .. . . II Mining Act, 1926 .. .. .. 205 Receiver-General .. .. .. 838 Receivers of Gold Revenue .. .. 652 Local bodies .. .. .. .. 2,118 Fixed deposits .. .. .. .. 300 4,124Excess of expenditure over income: Mines Department .. .. .. .. 56,641 Less excess of income over expenditure: Coal Revenue Accounts .. .. 11,239 45,402 £903,245 £903,245 Note.—Subsidies totalling £6,567 advanced to mining companies and syndicates are recoverable in the event of payable gold ill sufficient quantities being won, or the grantee disposing of the rights held, cither wholly or partially. The item " National Development Account, £793,590" represents expenditure out of the Public Works Fund from 1870 to 1922, which is not included in other items of the Balance-sheet. C. H. Benney, Acting Under-Secretary. M. L. Thomas, Accountant. I hereby certify that the Income and Expenditure Account, Revenue Accounts, 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 departmental notes enfaced thereon and to the explanatory note dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV].— J. P. Rutherford, Deputy Controller and Auditor-General.

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