13. - J [PT. IV] .

PENSIONS DEPARTMENT —continued. Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Capital .. .. .. .. .. 4,586 19 11 £ s. d. £ s. d. Reserve for depreciation .. .. .. 1,408 3 7 Office furniture and equipment 3,939 310 Creditors— Mechanical appliances.. .. 1,068 13 11 Advances on account of Union £ s. d. Stationery on hand . . .. 721 2 2 of South Africa .. .. 21 18 11 Medical stores on hand .. 1,309 13 6 Sundry .. .. .. 15,027 8 0 7,038 13 5 — — 15,049 6 11 Instalments paid but not cleared by Treasury 712 17 5 Sundry debtorsPensions due but unpaid at 31st March, 1926 30,341 0 11 Advances on account of— Treasury Adjustment Account .. .. 2,782,349 13 2 Commonwealth Government 8,130 17 9 Canadian Government .. 231 17 1 Imperial and other Governments .. .. 24,777 15 1 Government Departments .. 38,005 18 6 Civilians .. .. 106 13 5 71,253 1 10 Stamps on hand .. .. . . . . 3 2 6 Pensions prepaid . . .. .. .. 166,746 16 5 Accounts prepaid . . . . .. 96 9 4 Artificial-limb Factory Realization Account .. .. .. 2,738 1J 5 Less amount in writing off Suspense Account .. .. 2,738 11 5 Excess of expenditure over income .. .. 2,589,309 18 5 £2,834,448 1 11 £2,834,448 I 11 14th July, 1926. G. C. Faohe, Commissioner of Pensions. I hereby certify that the Income and Expenditure 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, subject the the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

108