H—4s

Balance-sheet as at 31st March, 1950 1948-49. 1948-49. £ Liabilities £ Assets £ £ £ 43,918 Unclaimed moneys .. .. .. .. 54,776 Cash— 57,534 Creditors .. .. .. .. .. 61,712 At Bank of New Zealand— 46 Branches .. .. .. .. .. .. Head Office accounts .. .. 188,064 208,131 66 Tellers' allowances .. .. .. .. 123 Imprest accounts .. .. .. 31,155 23,667 Reserves— £ £ In hand: Petty cash .. .. 115 110 Cafeteria plant purchase— —_ 15,000 As per Balance-sheet, 31st - 219,334 231,908 March, 1949 .. .. 30,000 15,000 Appropriated for year .. 5,000 Debtors— Wages advances . . .. . . 180 133 30,000 35,000 Contracts, &c. .. .. .. 20,562 20,468 Depreciation— Branches .. .. .. .. .. 7 As per Balance-sheet, 31st March, 1949 .. .. 14,671 20,742 20,608 7,579 Depreciation to 31st March, 1948 .. .. .. .. Investments— £ Adjustments: Sales, &c., Third Liberty Loan, as per Balanceduring year .. .. 422 sheet, 31st March, 1949— — Commission (2|- per cent., 7,579 14,249 15/6/49), at cost .. 1,000 1,000 Add depreciation for year— Less matured during year . . 1,000 Cafeteria— 563 Equipment . . .. 643 Victory Loan No. 1, as per 1,817 Establishment expenses .. 2,193 Balance-sheet, 31st March, 209 Motor-vans .. .. . 213 1949— 1,256 Plant ... .. .. 1,528 Commission (2£ per cent., Industrial clothing .. .. 61 15/2/50), at cost .. 1,000 1,000 518 Motor-cars .. .. . . 597 Staff scheme: Balance 43 43 2,729 Office furniture and fittings .. 3,019 1,043 14,671 22,503 Less matured during year .. 1,043 Guaranteed wage— 75,000 As per Balance-sheet, 31st Victory Loan No. 2, as per March, 1949 .. .. 100,000 Balance-sheet, 31st March, 25,000 Appropriated for year .. .. 1949: Commission (2 J per ■ cent., 15/4/51), at cost .. .. 1,000 1,000 100,000 100,000 l,OOO 3,043

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