£>.—l.

J. J. Gibson, Accountant, Public Works Department. F. W. Furkert, Chairman, Main Highways Board.

TABLE 1.—MAIN HIGHWAYS ACCOUNT—continued. General Balance-sheet as at 31st March, 1927.

142

TTjTSTTTrpTTjt; Revenue Construction T ... Revenue Construction Total LIABILITIES. I , und _ j, UIld _ lotal. | ABSJiUS. Fund Fund. ; 10taI - J I Accumulated Construction Fund — £ s. d. £ s. d. £ s. d. £ s. d. Cash in Public Account — £ s. d. £ s. d. £ s. d. Balance at 31/3/26 .. .. .. .. .. 251,210 17 2 At call .. .. .. .. .. 100,039 7 5, 65,559 10 6 165,598 17 11 Excess of expenditure, 1926-27 .. .. £273,758 7 6 Invested temporarily until required .. 652,900 0 0 5,000 0 0 657,900 0 0 Less "Cost of raising loans," 1.925—26, Sundry debtors .. .. .. .. 12,161 16 4 47,435 16 7 59,597 12 11 chargeable to revenue .. .. 42,007 14 0 Motor-registration fees in hands of Postal Depart- — -231,750 13 6 ; ment .. .. .. .. .. 78,693 10 0 .. 78,693 10 0 ; .. 19,460 3 8 19,460 3 8 Tire-tax in hands of Customs Department .. ' 7,792 15 1 .. 7,792 15 1 Interest due and accrued .. .. .. 11,370 16 6 .. 11,370 16 6 Accumulated Revenue Fund — Stocks of material, tools, &c. .. .. 5,612 12 8 22,471 2 6 28,083 15 2 Balance at 31/3/26 .. .. .. .. .. .. .. 645,285 14 5 .. .. Stocks, &c., deficits, Suspense Account .. 30 0 0 54 16 11 84 16 11 Less excess of expenditure over income for 1926-27 .. .. .. 2.542 10 11 .. .. Roadmen's cottages, huts, and road buildings generally .. .. .. .. 2,487 5 0 3,740 2 6 ; 6,22776 642,743 3 6 .. 642,743 3 6 Furniture, fittings, &c. — £ s. d. Sundry creditors .. .. .. .. .. .. .. 109,384 4 7 124,746 8 5 234,130 13 0 Expenditure to 31/3/27 .. 600 5 8 Interest accrued on loans .. .. .. .. .. 3,319 14 II .. 3,319 14 11 Depreciation, sales, &c., to 1927-28 motor-registration fees — 31/3/27 .. .. 88 6 3 Received during 1926-27 .. .. .. .. .. .. 188,500 0 0 .. 188,500 0 0 511 19 5 .. 511 19 5 Writings-ofl in Suspense .. .. .. .. .. .. 30 0 0 54 16 11 ! 84 16 11 Plant and equipment — For Main Highways Board —- Expenditure to 31/3/27.. 29,576 3 2 Less depreciation charged to works, and transfers 2,188 12 6 27,387 10 8 .. 27,387 10 8 Purchased for local bodies — Expenditure to 31/3/27.. 54,713 1 0 Less repayments of principal — Paid .. £9,434 14 10 Due .. 288 16 3 9,723 11 1 44,989 9 11 .. 44,989 9 11 943,977 3 0 144,261 9 0 1,088,238 12 0 943,977 3 0 144,261 9 0 1,088,238 12 0