8.—6

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 .. .. .. .. .. 1,154,459 fLess liabilities outstanding, 31st March, 1931 .. .. 1,342,265 Dr. 187,806 *Investment of cash balances .. .. .. .. .. 4,181,000 Reserve fund (securities at cost) .. .. .. .. .. 1,996,725 Post Office Savings-bank Reserve Fund .. .. .. .. 1,000,000 Bank of New Zealand shares (nominal value) .. .. .. 2,109,375 JPublic Debt Redemption Fund .. .. .. .. .. 22,075,645 31,174,939 Sinking funds accrued— State Advances debt .. .. .. .. .. .. 1,982,814 State Coal-mines .. .. .. .. .. .. 7,739 Westport Harbour loans .. .. .. .. .. 261,676 Samoan loan .. .. .. .. .. .. .. 18,740 Nauru and Ocean Islands Sinking Fund Account .. .. .. 49 Electric Supply Sinking Fund Account .. .. .. .. 42,655 2,313,673 Loans and advances outstanding— Mining purposes .. .. .. .. .. .. 36,460 Local bodies (annuity value of interest receivable) .. .. .. 772,126 Samoan loan, less sinking fund .. .. .. .. .. 146,460 Repatriation advances outstanding, 31st March, 1931 .. .. 227,301 £ Discharged soldiers'mortgages and property held .. ..14,887,904 Less amount included in Public Debt Redemption Fund .. 10,850,000 4,037,904 State Advances —Mortgages and property held, less sinking funds and investments included elsewhere .. .. .. .. 40,689,289 General purposes relief—Advances outstanding .. .. .. 35,024 Rural Intermediate Credit Board —Advances outstanding .. .. 400,000 46,344,564 Revenue Earning and Trading Accounts— Railways (capital cost, including unopened lines and value of assets taken over from provinces, less capital written off to3l/3/31) .. 58,211,466 Telephones and Telegraphs (value of assets) .. .. .. 10,133,557 Electric-power supply and development (capital expenditure) .. 10,235,570 Westport Harbour-works (value of assets).. .. .. .. 489,087 Lighthouses and harbour-works (capital expenditure) .. .. 1,291,817 Tourist and health resorts (capital expenditure) .. .. .. 591,307 State coal-mines (value of assets) .. .. .. .. 241,154 Kauri-gum (trading capital) .. .. .. .. .. 13,210 Nauru and Ocean Islands (purchase price of rights).. .. .. 565,040 81,772,208 Lands and forests — Crown lands (estimated value, including settlement lands, Native lands, and .education reserves) .. .. .. .. 30,140,334 Land-drainage schemes (capital invested) .. .. .. .. 2,001,136 Irrigation and water-supply (capital expenditure) .. .. .. 968,743 Waihou and Ohinemuri Rivers improvement (capital expenditure) .. 709,740 Lands improvement (capital expenditure) .. .. .. .. 661,216 New Zealand Reparation Estates (value of Dominion's interest) .. 686,646 Howard Estate .. .'. .. .. .. .. 88,296 State forests (estimated value of forests, reserves, plantations, and nurseries) .. .. .. .. .. .. 38,512,239 73,768,350 Indirectly productive expenditure— Public buildings (including school buildings) .. .. .. 15,778,941 Roads (including roads on Crown lands and main highways).. .. 26,377,392 Quarries (acquisition and working) .. .. .. .. 9,636 Development of mining (capital expenditure) .. .. .. 881,065 Immigration (capital expenditure) .. .. .. .. 3,309,850 46,356,884 £281,730,618

* Does not include trust, deposit, or sinking funds, or certain other accounts included elsewhere. t After deducting £24,271. credits due from other Governments, from the total liabilities. } Includes £10,850,000 previously included under discharged soldiers mortgages, and £11,225,645 of accumulated sinking funds.

XIV