8.-C

Details of Assets included above. (Note : Stores or supplies in hand not included in assets.) Cash and Investments :— *Cash in the Public Account and in the hands of officers of the £ £ £ Government .. .. .. .. .. 1,894,821 fLess liabilities outstanding, 31st March, 1928 .. .. 1,919,532 Or. 24,711 ♦Investment of cash balances .. .. .. .. .. 7,045 146 Reserve fund (securities at cost) .. .. .. .. .. 1,928,162 Post Office Savings-bank Reserve Fund .. .. .. .. 1,000,000 Bank of New Zealand shares (nominal value) .. .. .. 2,109,375 {Public Debt Redemption Fund .. .. .. .. .. 23,125,645 — 35,183,617 Sinking funds accrued — State Advances debt .. .. .. .. .. .. 2,268,418 State Coal-mines .. .. .. .. .. .. 62,338 Westport Harbour loans .. .. .. .. .. 220,050 Samoan loan .. .. .. .. .. .. 9,137 Nauru and Ocean Islands Sinking Fund Account .. .. .. 107 Electric Supply Sinking Fund Account .. .. .. .. 75,716 - 2,635,766 Loans and advances outstanding— Mining purposes .. .. .. .. .. .. 26,836 Local bodies (annuity value of interest receivable) .. .. .. 914,315 Samoan (loan, less sinking fund) .. .. .. .. .. 151,063 Repatriation advances outstanding, 31st March, 1928 .. .. 331,356 £ Discharged soldiers'mortgages and property held .. ..16,537,302 Less amount included in Public Debt Redemption Fund . .11,900,000 4,637,302 State Advances—Mortgages and property held, less sinking funds and investments included elsewhere .. .. .. .. 31,019,788 General purposes relief—Advances outstanding .. .. .. 30,865 37,111,525 Revenue Earning and Trading AccountsRailways (capital cost, including unopened b'nes and value of assets taken over from provinces) .. .. .. .. .. 58,591,440 Telegraphs (value of assets) .. .. .. .. .. 8,495,003 Pacific cable (estimated value of Dominion's interest) .. .. 100,000 Electric-power supply and development (capital expenditure) .. 7,523,929 Westport Harbour-works (value of assets) .. .. .. 566,011 Lighthouses and harbour-works (capital expenditure) .. .. 1,249,379 Tourist and health resorts (capital expenditure) .. .. .. 475,881 State coal-mines (value of assets) .. .. .. .. 246,403 Kauri-gum (trading capital) .. .. . . .. .. 39,188 Nauru and Ocean Islands (purchase price of rights) .. .. 565,040 77,852,274 Lands and forests — Crown lands (estimated value, including settlement lands, Native lands, and education reserves) .. .. .. . 30,351,114 Land-drainage schemes (capital invested) .. .. .. .. 1,459,568 Irrigation and water-supply (capital expenditure) .. .. .. 784,080 Waihou and Ohinemuri Rivers improvement (capital expenditure) . . 607,989 Lands improvements (capital expenditure) .. .. 429,181 Samoan Crown Estates (value of Dominion's interest) .. .. 662,360 Howard Estate .. .. .. .. .. .. 75,000 State forests (estimated value of forests, reserves, plantations, and nurseries) .. .. .. .. .. .. 37,561,371 71,930,663 Indirectly productive expenditure— Public buildings (including school buildings) .. .. 13,526,058 Roads (including roads on Crown lands and main highways).. .. 20,218,031 Timber-supply, sawmills, &c. (capital invested) .. .. 5,687 Quarries (acquisition and working) .. .. .. .. 11,143 Development of mining (capital expenditure) .. .. .. 882,975 Immigration (capital expenditure) .. .. .. .. 3,184,566 37,828,460 £262,542,305 * Does not include trust, dsposit, or sinking; funds, or oertain other accounts inoluded elsewhere. f After deducting £38,894, credits due from other Governments, from the total liabilities. J Includes £11,900 5 000 previously included under discharged soldiers mortgages, and £11,225,645 of accumulated sinking funds.

iii—B S.

XVII