B—l [FT. IV]

MARINE DEPARTMENT— continued WESTPORT HARBOUR ACCOUNT— continued Balance-sheet as at 31st March, 1946 Liabilities Assets Liability to Consolidated Fund— £ £ Endowments lands— £ £ Finance Act, 1926 (No. 2), section 22 .. .. 64,783 Leased .. .. .. .. .. 34,882 Finance Act, 1932, section 16 .. .. .. 92,422 Unleased .. .. .. .. 24,900 157,205 59,782 Endowment capital .. .. .. .. .. 59,782 Breakwaters .. .. .. .. .. .. 344,333 General Reserve at 31st March, 1945 .. .. 191,362 Training- walls .. .. .. .. .. .. 102,998 Less excess expenditure over income for 1944-45 32,822 Protective works and relief channel.. .. .. .. 17,384 158,540 Limestone- quarry .. .. .. .. .. 128 Writing off, Reserve Account .. .. .. ... 101 Gridiron .. .. .. .. ~ .. 1,098 Payments in advance .. .. .. .. .. 154 Dredge Wharf .. .. .. .. .. .. 465 Greditors— Martin's Island .. .. .. .. .. .. 700 Departmental .. .. .. .. .. 113 Harbour buildings .. .. .. .. .. 1,226 Sundry .. .. . . .. .. 6,192 Dredges, tug" Mana," plant, &c. .. .. .. .. 3,801 6,305 Cape Foulwind Railway .. .. .. .. .. 8,251 Treasury Adjustment Account .. .. .. .. 197,803 Office furniture and fittings .. .. .. .. 16 • Stock and stores .. .. .. .. .. .. 9,045 Suspense Account .. .. .. .. .. 10 Debtors— Accrued revenue .. .. .. ~ 2,939 Departmental .. .. .. .. .. 400 Sundry .. .. .. .. .. 1,047 4,386 Writing off, Suspense Account .. .. .. .. 101 Excess expenditure over income for year 1945-46 .. .. 26,166 £579,890 | £579,890 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. W. C. Smith, Secretary. J. Southward, Assistant Accountant.

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