D—2

STATEMENT No. I —continued General Balance-sheet as at 31st March, 1946 Liabilities £ Assets £ Sundry creditors : General (including unpaid wages) .. 1,417,989 Sawmills, bush areas, and stocks of timber .. .. 53,803 Collections for refund .. .. .. .. 45,411 Stores and materials on hand— £ Items to be written off on receipt of parliamentary authority 12,744 Stores Branch .. .. .. .. 2,880,321 Renewals, Depreciation and Equalization Reserve Accounts Subsidiary services .. .. .. 26,802 as per Statement No. 13 . - . .. .. 5,720,356 2,907,123 Sick Benefit Fund .. .. .. .. .. 9,463 Sundry assets: Subsidiary services .. .. .. 49,949 Work in progress, sundry debtors, and debit balances .. 227,967 Advance to capital .. .. .. .. 6,083 Accrued interest on investments .. .. .. 7,706 Outstanding at stations .. .. .. .. 577,077 Working Railways investments .. .. .. 3,100,000 Sick Benefit Fund investments .. .. .. 6,944 Cash in Working Railways Account .. .. .. 269,311 £7,205,963 £7,205,963 F. H. McAuley, 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.—J. P. Rutherford, Controller and Auditor-General.

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