POST AND TELEGRAPH DEPARTMENT— continued. Balance-sheet as at 31st March, 1932. Receipts and Expenditure on Capital Account.

B. —1 [PT. IV], SUP. to 1932.

General Balance-sheet. Liabilities. £s.d.£ s. d. Assets. 10 *o Sundry creditors Capital Account balance ... .. .. .. i>4bl,bod is 9 Money-order payees for unpaid money-orders .. .. 56,311 1 2 Stock at stores, District Telegraph Engineers' and Workshops, and in transit .. 509,825 0 0 Other administrations, on money-order, postal, and cable Sundry debtors— £ s. d. accounts .. .. .. .. .. .. 116,594 7 2 Other administrations on money-order account .. .. 41,5/» b 2 Postal-note payees for unpaid postal notes .. .. 60,763 0 0 Government Departments .. .. .. 93,041 » 1 Sundry other creditors .. .. .. .. .. 259,694 10 4 Sundry other debtors .. .. .. .. .. 59,048 3 5 Other Government Departments .. .. .. 224,875 14 n n — 718,238 0 0 Post Office Investment Certificate Account—lnvestments held m Government loans 2,167,550 0 0 Assets written-off Reserve Account .. .. .. .. •• 3,111 17 7 / s - War Loan Certificate Account .. .. .. .. .. 15,115 111 Postmasters' balances .. .. .. .. .. 1,644,037 11 0 Post Office Investment Certificate Account ~ .. .. .. •• 2,175,843 0 10 Less Savings-bank funds held m balances .. .. .. 2/4,910 8 10 Money-order Settlement Account .. .. .. .. .. •• 13,643 6 2 7 ~ Imperial stamps and postal orders .. .. .. .. •• 347 11 0 . . '1,™ 'HI no Postmasters—For advance to Postmasters of stamps, postal notes, British postal Head Office Account, including cash m bank .. .. 360, dbb 18 4 orders, Post Office investment certificates, and other documents of value, i,729, 494 0 6 including stocks held in the General Post Office 1,627,895 10 3 Assets written-off Suspense Account •• ,•• •• oo •• J,lll 17 7 Depreciation Reserve (including maintenance and renewals, equalization reserve, Post Office investments under section 100 of the Post and Telegraph Act, 1928 ..1,655,710 0 0 telegraph, toll, and telephone systems) 3,369,462 12 3 Investment (Radio Broadcasting Board) .. .. 59,839 17 2 Fire Insurance Reserve . .. •• •• •• •• 30,000 0 0 Interest accrued on investments .. .. .. .. .. .. 23,604 14 9 Profit and Loss Appropriation Account . •• 2,867 8 7 Loan-conversion Expenses Account 85,642 0 0 Earthquake Expenditure Suspense .. .. .. .. .. .. 66,475 5 8 £7,956,524 8 7 £7,956,524 8 7 Notes. (a) Interest at £4 6s. per cent, on capital. (6) Depreciation has been allowed for on balance of assets as at Ist April, 1931, the total charge being carried to Depreciation Reserve. A. Marshall, A.R.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.

U —B. 1 [PT. IV], SUP. to 1932.

81

rv As at 31st March, Amount debited As at 3lst March, ! r Capital as at 1st Amount received Capital as at 31st Dr. 1931> during Year. 1932. j | April, 1931. Year 1931-32. March, 1932. To Expenditure — £ s. d. £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. Telegraph and toll systems, including 2,368,051 16 8 28,735 13 5 2,396,787 10 1 By Receipts —Public Works Fund .. 12,202,101 0 1 369,085 15 4 i2,571, 186 lo o works in progress j Telephone exchange systems, including 8,311,965 11 5 86,045 1 0 8,398,010 12 5 works in progress Wireless systems .. .. .. 64,628 12 6 1,577 5 1 66,205 17 7 Buildings and sites .. .. 2,615,807 2 8 113,192 2 7 2,728,999 5 3 ; Plant and workshops .. .. 30,212 4 10 1,695 18 7 31,908 3 5 ~ ~ AO ~ ī io iqa ik Motor-garages, &c .. .. 249,310 16 6 Or. 16,638 0 1 232,672 16 5 12,202,101 0 1 369, 08o 15 4 12,571,186 15 5 Furniture and fittings .. .. 179,186 15 4 Gr. 980 6 4 178,206 9 0 Balance carried to General Balance- .. j .. I,4bl,b03 IS y — sheet 13,819,162 19 11 213,627 14 3 14,032,790 14 2 14,032,790 14 2