B.—l [Pt. IV

Jambs H. Gunson, Acting-Chairman of the Government Railways H. Valentine, Superannuation Fund Board. Chief Accountant, iNew Zealand Railways. I hereby certify that the Statements of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative boots S&TbSIT* and correctly state the position a, disclosed thcby.-J. H. Fowl,*, Dep.ty Controller and A„d,tor-Gen,,,!.

GOVERNMENT RAILWAYS SUPERANNUATION FUND— continued. Statement of Accounts, etc.— continued. Balance-sheet as at 31st March, 1935.

87

~ " I 1 1933—34 1 ASSETS. ' 1934-35. I 1933-34. LIABILITIES. j 1934-30. 1933 34. | j [ £ s d £ s d £ s. d. £ s. d. Accumulated funds as per Revenue Account .. •• 1,239,705 5 0 1,240 830 | 8 Account- £ £ Casual employees' contingent contributions .. 10,507 16 5 8,566 16 8 investments ' 64,876 2 11 Retiring and other allowances due (not paid) 1,218,265 14 0 1,239,783 6 10 nyr ? 254 8 11 OUO iy 0 i Wows and children :: " i '• "3 17 10 152 !3 3 Current Account- ; 10 g 5J17101 Refund of contributions authorized (not paid) .. •• 346 9 1 299 9 trjbutioI , s and in transit j 10,799 10 H Transfers to other funds authorized (not paid) .. .. 2g4 15 4 489 12 2 Contributions outstanding .. .. •• . 674 9 8 2 f q7 1210 Interest paid m advance •• •• 1 2 20 2 0 4 068 4 9 Contributions due by members in respect of casual service | 2,688 8 0 Z,b91 Reserve and doubtful debts !. i. 0 0 6,500 0 0 bonus j 65 11 5 63 14 4 Rebates of contributions (National Expenditure Adjustmen , . . 0n aooount 0 f additional allowance to widows and children 1,037 0 11 1,016 14 8 Act ' 1932) Interest due not paid i 24,109 6 8 31308 8 4 Interest accrued but not dne .. •• •• •• o2a a ? ' ofii 19 R Rates and fees paid .. • • • • • • • • ! 0 1 Insurance premium 29 16 ! Sundry debtors .. • • • • • • • • 1,300,466 12 4 1,305,400 11 11 1,300,466 12 4 j1,305,400 11 11