113

B.—l [Pt. IYJ.

General Balance-sheet. Liabilities. £ s. d, £ g. d. Capital Account Balance at credit .. .. .. .. .. 754,690 6 4 Stock at stores, District Telegraph Engineers, and workshops, and in transit .. 796 770 13 5 Sundry creditors— £ s . d. Sundry debtors— £ s . d. Money-order payees, for unpaid money-orders .. 93,998 2 3 Other Administrations on Money-order Account .. 32,543 0 3 Other Administrations, on money-order, postal, and cable Government Departments . . .. .. .. 51,818 6 10 accounts .. .. .. .. ~ 39,706 0 2 Sundry other debtors .. .. .. .. 50,350 5 11 Postal-note payees, for unpaid postal notes .. .. 63,383 18 6 * 234 jo a Sundry other creditors .. .. .. . . 358,881 3 8 Savings-bank AccountOther Government Departments, for balances due on 31st Investments .. .. .. .. .. 48,221 311 16 9 March, 1926 .. .. .. .. 358,496 11 10 Interest accrued, 31st March, 1926 .. .. .. 561,475 11 5 914,465 16 5 43 7§2 787 8 2 Savings-bank Account— War-loan Certificate Account— , At credit of depositors .. .. .. .. .. 47,911,321 10 5 Investments held in Government loans .. .. .. .. 472 310 0 0 On transfer, New Zealand and other Administrations .. .. 20,098 1 5 Post Office Investment Certificate AccountReserve Fund .. .. .. .. .. .. .. 1,000,000 0 0 Investments held in Government loans .. .. .. .. 213 380 0 0 i a o t an d Loss Appropriation Account .. .. .. 190,282 10 2 Postmasters' balances held .. .. .. .. 1.111 448 13 6 War-loan Certificate Account .. .. .. .. .. 455,588 6 11 Cash in bank (Head Office Account) .. .. .. 507,937 8 1Rost Office Investment Certificate Account .. .. .. .. 203,109 6 10 1 6x9 „ Money-order Settlement Account .. .. .. .. .. 3,447 4 11 Excess of expenditure over revenue to 31st March, 1926 .. .. .. ' 16 11 Post Office .Savings-bank Deposit Account .. .. .. .. 3,572 0 0 Treasury Adjustment Account .. .. .. .. .. ..1 201 363 1 0 ir ostmasters— ' lor advances to Postmasters of stamps, postal notes, British postal orders, Post Office investment certificates, and other documents of value, including stocks held in the General Post Office .. .. .. 660,238 0 9 Depreciation Reserve .. .. .. _ ..1 153 505 9 11 £53,270,318 14 1 £53,270,318 14 1 Notes.— (a.) No amount has been included in respect to free postages for newspapers to public libraries, &c. (b.) Credit has.been taken without appropriation for rents received (c ) Interest at 4 percent, on capital as at Ist April, 1925 and 2 per cent, on accretions for the year, (d.) Depreciation has been allowed for on balance of assets at Ist April 1925, the total charge being carried to Depreciation Reserve. (e.) Does not include any amount in respect to non-departmental Government telegrams. 8 H. D. Edwards, A.1.A.N.Z., Controller of Accounts. G. McNamara, Secretary, General Post Office. I hereby certify that the Profit and Loss Accounts 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 to the above departmental notes.— J. H. Fowler, Deputy Controller and Auditor-General.

POST AND TELEGRAPH DEPARTMENT— continued. Balance-sheet as at 31st March, 1926. Receipts and Expenditure on Capital Account.

15— B. 1 TPt. IY

Dr. ± , | Amounts expended As at I „ Capital as at Amounts received, Capital as at 31st March, 1925. during Year. 31st March, 1926. | ur - 1st April, 1925. Year 1925-26. 31st March, 1926. To Expenditure on— £ s . d. £ s. d. £ s. d. By Receipts— £ s. d. £ s. d. £ s. d. Telegraph and toll systems, including 1,516,174 1 5 182,990 19 7 1,699,165 1 0 Public Works Fund .. .. 8,226,865 7 9 1,029,275 4 3 9,256,140 12 0 works in progress Revenue contribution to capital 500,074 11 6 180,617 2 11 680,691 14 5 Telephone-exchange systems, includ- 4,255,897 7 0 842,042 5 7 5,097,939 12 7 outlay ing works in progress Wireless systems .. .. 47,676 3 1 80 7 1 47,756 10 2 Buildings and sites .. .. 1,899,823 19 10 92,001 7 0 1,991,825 6 10 Plant at workshops .. .. 13,747 18 7 404 10 2 14,152 8 9 Motors, garages, &c. .. .. 186,686 14 10 7,130 18 11 193,817 13 9 Furniture and fittings .. .. 129,423 4 4 8,062 2 8 137,485 7 0 8,049,429 9 1 1,132,712 11 0 j 9,182,142 0 1 i 8,726,939 19 3 1,209,892 7 2 I Balance carried to general balance-sheet .. .. 754,690 6 4 £9,936,832 6 5 j £9,936,832 6 5