D.—s.

g D. G. Sullivan, ' n Chairman of the Government Railways OJiiei Accountant, New Zealand Railways. Superannuation Fund Board. I hereby certify that the Statement of Receipts and Payments, Revenue Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for a.udit, and correctly state the position as disclosed thereby.— J. H. Fowler, Controller and Auditor-General.

Statement of Accounts, etc.— continued. Balance-sheet as at 31st March, 1937.

6

LIABILITIES. 1936-37. 1935-36. | ASSETS. 1936-37. j 1935-36. _ - • I ■ . ■ II . - - - ! I I £ s. d. £ s. d, £ s. d. £ s. d. Accumulated funds as per Revenue Account .. .. 1,250,860 10 2 1,246,984 7 11 Investment Account — £ s. d. Casual employees' contingent contributions .. .. 15,624 8 5 12,786 17 0 Investments .. .. .. 1,198,863 12 0 Retiring and other allowances due (not paid) — Cash in hand .. .. .. 35,711 5 4 Members .. .. .. .. .. .. 859 18 2 210 14 5 1,234,574 17 4 1,223,732 15 3 Widows and children .. .. .. .. .. 138 3 3 97 3 10 Current Account — Refund of contributions authorized (not paid) .. .. 218 1 8 147 12 2 Cash in hand .. .. .. .. .. 28,933 15 7 30,785 14 6 Transfers to other funds authorized (not paid) .. .. 18 14 1 29 0 8 Contributions and fines in transit .. .. .. 14,831 13 8 11,552 7 10 Interest paid in advance .. .. .. .. 228 4 6 259 15 1 Contributions outstanding .. .. .. .. 629 7 7 1,553 7 6 Public Trust Office .. .. .. .. .. 1,006 7 3 1,221 18 4 Contributions due by members in respect of casual service 4,225 12 10 3,217 0 4 Reserve for bad and doubtful debts .. .. .. 6,000 0 0 6,000 0 0 Working Railways — Rebates of contributions (National Expenditure Adjustment 41,941 14 8 42,525 8 7 On account of cost-of-living bonus .. .. .. 144 4 8 155 15 0 Act, 1932) _ On account of additional allowance to widows and children 988 13 4 1,033 3 4 Subsidy paid in advance.. .. .. .. .. .. 0 7 11 Interest due not paid .. .. .. .. .. 19,852 16 2 24,713 13 2 Sundry creditors .. .. . .. .. .. 380 0 0 .. Interest accrued but not due .. .. .. .. 12,953 5 4 13,240 12 6 Rates and fees paid . . .. .. .. .. 114 5 7 247 12 7 Insurance premiums .. .. .. .. . . 27 3 11 22 12 11 Sundry debtors .. .. .. .. .. 062 8 11 0 1,317,276 2 2 1,310,263 5 11 1,317,276 2 2 1,310,263 5 11