B.—l [PT. IV, SUP.].

MAIN HIGHWAYS ACCOUNT— continued. General Balance-sheet as at 31st March, 1928.

69

i , ' rT.miTTTua Revenue Construction aocuTa Revenue Construction rp .. . LIABILITIES. Fund Fund lotai. AbbEIS. Fund Fund Total. | i ' ; 5 Accumulated Revenue Fund — £ s. d. £ s. d. £ s. d. Cash in Public Account — £ s. d. £ s. d. £ s. d. Balance at 31/3/27 .. .. .. .. 642,743 3 6 At call .. .. .. .. .. .. 379,986 0 1 72,570 17 6 452,556 17 7 Add excess of income over expenditure for 1927-28 ! 128,140 14 5 Invested temporarily until required .. .. .. 242,900 0 0 .. 242,900 0 0 770,883 17 11 .. 770,883 17 11 622,886 0 1 72,570 17 6 695,456 17 7 i | Sundry debtors .. .. .. .. .. 12,052 14 7 51,363 2 10 63,415 17 5 Motor-registration fees in hands of Postal Department .. 98,532 13 6 .. 98,532 13 6 Sundry creditors .. .. .. . .. 110,662 19 3 59,417 10 6 170,080 9 9 ; Interest due and accrued .. .. .. .. 6,103 0 8 .. 6,103 0 8 Interest accrued on loans .. .. .. ,. 3,636 3 8 .. 3,636 3 8 j Stocks of materia], tools &c. .. .. .. .. 5,472 9 0 21,004 7 0 26,478 16 0 1928-29 and 1929-30 motor-registration fees— 1 Stocks, &e., deficits Suspense Account .. .. .. 25 19 9 182 3 2 208 2 11 Received during 1927-28 .. .. .. 250,000 0 0 .. 250,000 0 0 Roadmen's cottages, huts, and road buildings generally .. 2,644 0 0 2,863 5 0 5,507 5 0 Writings-off in Suspense .. .. .. .. 25 19 9 182 3 2 208 2 11 Furniture, fittings, &c. — £ s. d. Temporary transfer from Revenue Fund .. •• •• • 300,000 0 0 300,000 0 0 Expenditure to 31/3/28 .. .. 599 10 8 Depreciation and hire to 31/3/28 .. 136 3 11 463 6 9 .. 463 6 9 Plant and equipment — ■ For Main Highways Board — Expenditure to 31/3/28 .. .. 37,018 18 C Less depreciation charged to works .. 3.181 12 6 33.837 6 0 ... 33,837 6 0 Purchased for local bodies — Expenditure to 31/3/28 .. .. 75,706 19 6 Less repayments of princinal .. 24,265 9 3 1 51,441 10 3 | 51,4+1 10 3 Construction Fund — Excess of expenditure over income, 1927-28 .. .. .. .. 231,076 1 10 Less balance at 31/3/27 .. .. 19,460 3 8 .. 211,615 18 2 211,615 ]8 2 Temporary transfer to Construction Fund .. .. 300,000 0 0 .. 300,000 0 0 Advances to local authorities (Main Highways Amendment Act, 1926, section 2).. .. .. .. .. 1,750 0 0 .. 1,750 0 0 1,135,209 0 7 359,599 13 8 1,494,808 14 3 1,135,209 0 7 359,599 13 8 1,494,808 14 3 H. Arthur, Acting Accountant, Public Works Department. F. W. Furkert, Chairman, Main Highways Board. I hereby certify that the Income and Expenditure 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. — G. F. C. Campbell. Controller and Auditor-General.