B.—l [PT. IV],

MINES DEPARTMENT—continued. Balance-sheet as at 31st March, 1937. Liabilities. Assets. £ s d Capital Account— £ s. d. £ s. d. Land .. .. .. .. .. 4 349 0 o Consolidated Fund .. .. 6,973 8 7 Buildings .. .. .. .. 'lBfi 19 7 Public Works Fund .. 806,178 8 6 Stores .. .. .. .. 219 813,151 17 1 Motor-cars .. .. .. .. .. 52g 13 3 Creditors— Furniture and fittings .. .. .. 516710 Departmental . . .. 767 7 4 Mechanical office appliances .. .. .. 62 12 5 Sundry .. .. .. 11,956 13 5 Stationery .. .. .. .. . 10 0 0 12,724 0 9 Stamps .. .. .. .. ~ 19 17 1 Reserves : Reserve for bad and doubtful debts 500 0 0 Saleable publications .. .. . i 355 7 4 Writings-off, Suspense Account .... 46 12 1 £ s. cl' Amounts held in deposit .. .. .. 7,358 911 Mortgages .. .. .. 7,383 19 3 Treasury Adjustment Accouijt .. .. 19,626 16 0 Interest accrued and unpaid '354 13 0 7,738 12 3 DebtorsDepartmental .. .. 178 1 2 Sundry .. .. .. 13,642 10 7 13,820 11 9 National Development Account: Development of mining .. .. .. .. 793,590 5 11 Drills and equipment .. .. .. 6 108 13 8 Library and maps .. .. .. .. 51 17 2 Exhibits .. .. .. .. .. 198 0 0 Mineral collections .. .. .. .. 56 2 0 Instruments .. .. .. ~ 121 6 0 Assets in Suspense Account .. .. . . 46 12 1 Deposits Account— £ s. d. Post Office .. .. 26 5 0 Mining Act, 1926 .. .. 177 0 5 Receiver-General .. .. 1,872 9 10 Receivers of Gold Revenue .. 1,098 9 11 Local bodies .. .. 3,334 4 9 Fixed deposits .. .. 850 0 0 7,358 9 11 Excess of expenditure over income : Mines Department .. 26,211 3 0 Less excess of income over expenditure, Coal Revenue Accounts .. .. 7,922 17 2 18,288 5 10 £853,407 15 10 £853,407 15 10

Notes. —Subsidies totalling £5,688 Is. paid to mining companies and syndicates are recoverable, but only if payable gold in sufficient quantities is won. The item, National Development Account, £793,590 ss. lid., represents expenditure out of the Public Works Fund from 1870 to 1922 which is not included in other items of the balance-sheet.

A. Tyndall, Under-Secretary. A. W. Gyles, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Account, Revenue Account, 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 departmental notes enfaced thereon and to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV]. —J. H. Fowler, Controller and Auditor-General.

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