B—l [Pt. !\

POST AND TELEGRAPH DEPARTMENT— continued General Balance-sheet Liabilities £ £ Assets £ Sundry creditors Capital Account balance .. .. .. 4 346 516 ey ;°, r P ayees unpaid money-orders 172,922 Stock at stores, &c., and in transit, at stock-list prices less onOther Administrations on money- order, postal, cost .. .. .. .. 2 542 970 and cable accounts .. .. 21,304 Investments in Government stocks on account of— Postal-note payees for unpaid postal notes 122,505 £ National Savings coupons sold and unredeemed 10,716 Post Office Investment Certificates .. 107 650 Other Government Departments .. .. 6,511,210 National Savings deposits and bonds 40,099,000 Sundry other creditors 2,901,285 Post Office Investments under section 100 of ~ . , 9,739,942 Post and Telegraph Act, 1928 .. .. 8,783,000 Fees paid in advance ..434,675 J__J_ 48 989 650 War Loan Certificate Account .. .. .. 3,193 Sundry debtors— ' ost Office Investment Certificate Account .. .. 92,229 Other Administrations on money-order account 109,700 National Savings Fund Account .. .. ..31,702,953 Sundry other debtors .. .. 959 006 .National Savings Bond Fund Account .. .. 8,648,561 " ' Reserve for depreciation and obsolescence .. .. 7,974,483 Postmasters' balances and cash in bank .. 4 988 903 lire Insurance Reserve •• •• .. 500,000 Less Savings-bank funds held in balance .. 244,' 110 .Reserve tor accumulated leave for servicemen .. 35,102 " 4 744 793 Earthquake and War Damage Reserve .. .. 1,145,609 Interest accrued on investments .. 496' 310 Profit and Loss Appropriation Account ... ..1,912,198 " ' £62,188,945 £62,188,945 P. N. Cryer, Director-General, Post and Telegraph Department, J. J. Knight, A.R.A.N.Z., Director of Accounts. I hereby certify that the Profit and Loss 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.— J. P. Rutherford, Controller and Auditor-General.

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