H—4s

SUPERVISION FUND—continued Balance-sheet as at 31st Maech, 1947 Liabilities Assets £ Profit distribution— £ £ £ Cash at Bank of New Zealand: Head Office accounts . . .. 10,660 As per Balance-sheet, 31st March, 1946 .. 227 Debtors: contracts, &c. .. . . .. .. 390 Appropriated for year .. .. .. 710 937 Payments during year .. .. . . .. 821 ll6 Creditors .. .. .. . . .. .. 23 Accumulated Funds— As per Balance-sheet, 31st March, 1946 . . .. 13,416 Less balance brought in for year .. .. .. 2,505 10,911 £11,050 £11,050 A. E. Bockett, General Manager. A. G. Davidson, Chief Accountant. I hereby certify that the Revenue Account and the Balance-sheet relating to the Supervision Fund have been duly examined and compared with the books and supporting documents, and correctly state the position as disclosed thereby. The audit of the records of disbursements through the central pay offices was carried out by Auditors appointed for the purpose by the Audit Office in terms of Begulation 15 (5) of the Waterfront Industry Emergency Eegulations 1946.— J. P. Rutherford, Controller and AuditorGeneral.

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