B.—l [PT. IY, Sup.]

J. J. Gibson, Accountant, Public Works Department. I hereby certify that the balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly states the position as disclosed thereby, subject to the reservations included in the certificates of the balance-sheets of the separate schemes required in terms of section 6, State Supply of Electrical Energy Act, 1917.— J. H. Fowler, Deputy Controller and Auditor-General.

General Balance-sheet at 31st March, 1925, compared with Position at 31st March, 1924— continued.

15

1923-24. Liabilities. 1924-25. 1923-24. Assets. 1924^25. £ s. d. ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 4,162,065 8 5 Brought forward . . .. 4,244,673 7 2 3,034,566 17 9 Brought forward .. .. 4,006,226 6 4 General expenditure not chargeable to any 4,427 16 10 individual scheme .. .. .. .. 4,439 17 8 Balance in Electric Supply Account at the end of the year — 23,413 2 11 Cash in Public Account .. .. 30,479 13 10 In hands of Government officers in New Zealand .. .. .. .. 3,598 15 1 In hands of Government officers in 29,752 10 10 London .. .. .. .. 42,369 6 11 76,447 15 10 53,165 13 9 Investment Account (funds invested until | 1,053,008 6 3 actually required for use) .. .. .. 152,800 0 0 233 19 3 Stamp Duty Deposit Account .. .. I 1,053,242 5 6 4,239,913 19 10 4,145,402 13 10 Interest accrued on investments!! to 31st | | 16,653 14 7 I March, 1925.. .. .. 4,490 2 1 9 0 0 ! Sundry debtors for interest due but unpaid 269 5 3 4,759 7 4 i ' '£4,162.065 8 5 Total .. .. .. £4,244,673 7 2 i£4,162,065 8 5 Total .. .. .. .. .. £4,244,673 7 2 -- J. ==========