F.—2,

POST AND TELEGRAPH DEPARTMENT. Balance-sheet as at 31st March, 1930.

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Receipts and Expenditure on Capital Account. r . i As at 31st March, Amount debited As at 3lst March, i Cr ! Capital as at 1st Amount received Capital as at 31st Ur - ; 1929. during Year. 1930. * April, 1929. Year 1929-30. March, 1930. - To Expenditure on — £ s. d. £ s. d. £ s. d. j By Receipts — £ s. d. £ s. d. j £ s. d. Telegraph and toll systems, including 2,155,200 19 10 113,533 16 6 2,268,734 16 4 ! Public Works Fund .. .. 10,845,372 13 10 776,238 17 0 11,621,611 10 10 works in progress Telephone-exchange systems, includ- 7,409,928 10 10 488,168 0 3 7,898,096 11 1 ing works in progress Wireless systems .. .. .. 53,638 2 6 7,955 4 11 61,593 7 5 Buildings and sites .. .. 2,354,885 14 8 118,779 3" 5 2,473,664 18 1 Plant and workshops .. .. 23,812 7 3 3,923 8 3 27,735 15 6 Motor-garages, &c. .. .. 225,609 11 7 14,117 12 10 239,727 4 5 ; Furniture and fittings .. .. 170,035 9 7 9,934 15 1 179,970 4 8 10,845,372 13 10 776,238 17 0 11,621,611 10 10 Balance carried to General Balance- .. .. 1,527,911 6 8 sheet 12,393,110 16 3 756,412 1 3 13,149,522 17 6 13,149,522 17 6 I 1 1 _l General Balance-sheet. Liabilities. Assets. £ s. d. Sundry creditors — £ s. d. £ s. d. Capital Account balance .. .. .. .. .. .. .. 1,527,911 6 8 Money-order payees for unpaid money-orders .. .. 84,596 16 4 Stock at stores, District Telegraph Engineers and workshops, and in transit .. 517,803 4 5 Other administrations, on money - order, postal, and cable Sundry debtors — £ s. d. accounts .. .. .. .. .. .. 219,879 15 4 Other administrations, on money-order account .. .. 15,765 4 5 Postal-note payees, for unpaid postal notes .. .. 77,156 16 6 Government Departments .. .. .. .. 70,361 19 6 Sundry other creditors .. .. .. .. .. 373,698 0 11 Sundry other debtors .. .. .. .. .. 52,709 1 3 Other Government Departments .. .. .. .. 219,092 3 3 138,836 5 2 974,123 12 4 War Loan Certificate Account — Assets written off Reserve Account .. .. .. .. .. .. 8,838 1 2 Investments held in Government loans .. .. .. .. .. 56,700 0 0 War Loan Certificate Account .. .. .. .. .. .. 65,918 0 5 Post Office Investment Certificate Account — Post Office Investment Certificate Account .. .. .. .. .. 1,658,449 16 4 Investments held in Government loans .. .. .. .. .. 1,633,150 0 0 Money-order Settlement Account .. .. .. .. .. .. 4,108 0 2 £ s. d. Imperial stamps and postal orders .. .. .. .. .. .. 331 9 6 Postmasters' balances .. .. .. .. .. 1,409,259 9 2 Postmasters —For advance to Postmasters of stamps, postal notes, British postal Less Savings-bank funds held in balances .. .. .. 149,167 7 4 orders, Post Office investment certificates, and other documents of value, including stocks held in the General Post Office .. .. .. .. 1,402.224 6 5 1,260,092 1 10 Depreciation Reserve (including maintenance and renewals, equalization reserve, Head Office Account, including cash in bank .. .. .. 620,010 1 9 telegraph, toll, and telephone systems) .. .. .. .. .. 2,941,590 13 11 1,880,102 3 7 Fire Insurance Reserve .. .. .. .. .. .. .. 15,000 0 0 Assets written off Suspense Account .. .. .. .. .. 8,838 1 2 Profit and Loss Appropriation Account .. .. .. .. .. 45,276 17 7 Post Office investments under section 100 of the Post and Telegraph Act, 1928 .. 1,215,410 0 0 Investment (Radio Broadcasting Co. of N.Z., Ltd.) .. .. .. .. 15,000 0 0 Interest accrued on investments .. .. .. .. .. .. 12,819 8 10 Loan-conversion Expenses Account .. .. .. .. .. .. 109,590 8 0 £7,116,160 17 10 £7,116,160 17 10 Notes.— (a) Interest at £4 6s. per cent, on capital as at 1st April, 1929, and £2 3s. per cent, on accretions for the year, (b) Depreciation has been allowed for on balance of assets as at 1st April. 1929, the total charge being carried to Depreciation Reserve, (e) Maintenance equalized by transfer through Equalization Reserve. A. Marshall, A.P.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. —G. F. C. Campbell, Controller and Auditor-General.