B.—l [PT. IV].

WORKING RAILWAYS ACCOUNT—continued. General Balance-sheet as at 31st March, 1935. Liabilities Assets. Sundry creditors- ' £ s. d. £ s. d. Sawmills, bush areas, and stocks £ s. d. £ a. d General creditors (including timber •••••• '' ' unpaid wages) and credit Stores and material on hand balances .. 470,271 1 4 Stores Branch .. •• 744,787 17 1 Government Departments.. 28,334 18 8 Subsidiary services .. .. 10,82119 2 498,606 0 0 755,609 16 3 Collections for refund to — Sundry assets— Harbour Boards, shipping Advertising Branch .. 22,79.13 6 companies, and other Refreshment Branch .. 31,133 17 1 carriers .. .. 14,785 17 1 Housing improvements .. 13,302 1 7 Government Departments 90 4 0 ' 14,876 I 1 Sundry debtorsItems to be written off on Advances to capital .. 17,126 0 5 receipt of parliamentary Government Departments .. 6,077 15 0 authority •• •• 5,220 5 1 Advances: Housing scheme General reserve .. ..1,144,552 17 8 under Government RailDepreciation reserve .. 509,353 8 0 ways Amendment Act, Assets realization .. •• 19,054 5 1 ... „ ~ Renewals reserve .. .. 729,004 10 2 Section 15 (2), State AdInsurance reserves — vanoes. .. •• , J Fjle , . 82,887 18 1 Section 15 (5), Railway emWorkers' Compensation .. 36,868 13 4 ployees .. .. 1,777 18 8 Slips, Moods, and Accidents 96,171 10 6 Work m progress sundry r 2 617,893 210 debtors, and debit balances 75,Z6l 17 0 -Q ~ , ' — 109,408 11 1 Betterment reserve — „ * i. , , • , , i n ai a « Refreshment Branch 3,718 15 8 Accrued interest on investments .. 10,546 19 6 Sick Benefit Fund 28,979 0 8 Outstanding at stationsCash m hand .. •• in Freights, &c., owing by Government Departments .. 34,290 2 8 Freights, &c., owing by sundrv debtors 124,537 10 6 187,162 1 1 Working Railways Investments .. 587,940 0 0 Sick Benefit Fund Investments •. 28,045 11 4 Cash in Working Railways Account .. 1,224,394 12 3 £3,169,293 5 4 £3,169,293 5 4 11. Valentine, F.R.A.N.Z., Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly set out the position as disclosed thereby, subiect to the above departmental note, and to the exception that the cost of exchange in respect of interest and other payments made in London during the year for the purposes of this account has not been charged to the account but lias been borne by the Consolidated Fund.—J. H. Fowler, Deputy Controller and Auditor-General. GOVERNMENT RAILWAYS SUPERANNUATION FUND. Statement of Accounts in accordance with Section 123, Government Railways Act, 1926. Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Payments. Dr £ s. d. Or. £ s- d. To Balance'in hands of Public Trustee on 31st By Retiring-allowances paid to members .. 422,380 3 0 March 1934 •• •• •• 5,717 10 1 Allowances to widows and children .. 29,059 3 0 Contributions bv staff •• 136,535 17 5 Contributions refunded to members who have Contributions by contingent contributors .. 2,'469 1 6 left the Service .. .. 20,994 4 2 _ ~ ~ .. 126 10 0 Contributions refunded to contingent members Working Railway's' Account-— " who have left the Service .. .. 1,297 3 4 Subsidy •• 170,000 0 0 Rebates of contributions .. .. .. 153 10 I Increased allowances to widows and children 12,979 2 0 Refunds to legal representatives of deceased Cost-of-living bonus to annuitants .. 773 10 10 beneficiaries under section 120 (c) of GoSubsidies from vernment Railways Act, 1926 .. .. 480 II 10 New Zealand Railway Officers' Institute on Contributions transferred to other funds . . 183 13 6 account of Richard Hampton .. •• 18 11 5 Travelling-expenses of Board members .. 77 10 Railway Tradesmen's Association on account Public Trust charges (legal costs) .. .. 62 18 11 of Samuel Ingram .. .. 24 15 3 Public Trust commission .. .. .. l,Bbl 13 5 New Zealand Engine-drivers, Firemen, and Rates and fees paid on account of mortgagors Cleaners' Association on account of (recoverable) .. .. ■ ■ • • 77 18 3 Thomas H. Stephenson ... •• 60 5 5 Audit Office fee .. .. .. .. 50 0 0 Consolidated Fund 87,000 0 0 Insurance premiums (recoverable) .. .. 0 8 11 Interest £ s. d. Salaries .. .. ■ • ■ • 1,104 / U Investments .. .. 63,608 11 2 Postages .. 2 6 Treasury Department .. 12,138 0 0 Printing and stationery .. .. .. ii 12 0 75,746 11 2 Cost-of-living bonus to annuitants .. .. 775 7 11 Investments .. .. •• 16,595 16 4 Balance in hands of Public Trustee at 31st Commission on collection of Government Life March, 1935 .. .. .. .. 29,259 16 5 Insurance premiums 48 3 10 £508,095 15 ~3 £508,095 15 3 —«— —-

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