B—l [PT. IV]

MARINE DEPARTMENT— continued WESTPORT HARBOUR ACCOUNT— continued Balance-sheet as at 31st March, 1945 Liabilities Assets Liability to Consolidated Fund— £ £ Endowment lands— £ £ Finance Act, 1926, seotion 22 .. .. .. 64,783 Leased .. .. .. .. .. 35,574 Finance Act, 1932, section 16 .. .. .. 92,421 Unleased .. .. .. .. .. 24,205 . 157,204 59,779 Endowment capital .. .. .. .. .. 59,779 Breakwaters .. .. .. .. .. .. 344,333 General Reserve .. .. .. .. .. .. 191,362 Training-walls .. .. .. .. .. .. 102,998 Writing-off, Reserve Account .. .. .. .. 94 Protective works and relief channel.. .. .. .. 17,384 Payments in advance .. .. .. .. .. 566 Limestone- quarry .. .. .. .. .. 128 Creditors— £ Gridiron .. .. .. .. .. .. 1,142 Departmental .. .. .. .. .. 87 Dredge wharf .. .. .. .. .. ~ 558 Sundry .. .. .. .. .. 1,208 Martin's Island .. .. .. .. .. .. 700 1,295 Harbour buildings .. .. .. .. .. 1,367 Treasury Adjustment Account .. .. .. .. 177,683 Dredges, tug " Mana," plant, &c. .. .. .. .. 5,713 Cape Foulwind Railway .. ~ .. .. 8,251 Office furniture and fittings .. .. .. .. 19 Stock and stores .. .. .. ~ .. 7,076 Breakwater Repairs Suspense Account .. .. .. 160 Debtors— £ Accrued revenue .. .. .. .. 2,085 Departmental .. .. .. .. .. 2,135 Sundry .. .. .. .. .. 1,239 5,459 Writing-off, Suspense Account .. .. .. .. 94 Excess expenditure over income for year 1944-45 .. .. 32,822 £587,983 £587,983 W. C. Smith, for Secretary. J. Southward, for Acting-Accountant. 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]. —J. P. Rutherford, Controller and Auditor-General.

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