B, —1 [PT. IV],

PENSIONS DEPARTMENT—continued. Balance-sheet as at 31st March, 1937. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Capital .. .. .. .. .. 3,326 15 11 Furniture and fittings .. .. 2,585 6 4 Creditors — Mechanical appliances .. .. 649 19 3 Departmental .. .. .. .. 6,600 17 8 Permanent fittings, Auckland office 91 10 4 Sundry .. .. .. . • 8,940 6 8 3,326 15 11 Pensions due but unpaid .. .. .. 60,228 15 5 Medical stores on hand .. .. .. 392 7 4 Rent due but unpaid .. .. .. 35 3 0 Stationery on hand .. .. .. 1,021 311 Pensions paid but not cleared .. .. 3,401 8 0 Stamps on hand .. .. .. .. 126 5 7 Deposits Account, Miscellaneous (J. Petrie), Pensions prepaid .. .. .. .. 413,607 17 5 (Canadian Government) .. .. . . 18 5 1 Accounts prepaid .. .. .. .. 73 6 11 Deposits Account: Imperial Pensions .. 25,191 10 10 Sundry debtors — Imperial pensions not cleared .. .. 12,751 0 0 Departmental— Treasury Adjustment Account .. .. 5,375,356 18 9 Treasury Department £ s. d. (national endowment) .. 42,659 16 10 Post and Telegraph Department (special annuities) .. 3 6 0 42,663 2 10 Advances on account other Governments (Finance Act, 1930, No. 2, section 7) — Canadian Government .. 72 0 7 Commonwealth Government 22,160 12 10 Imperial Government .. 2,040 17 11 South African Government.. 1 14 6 24,275 5 10 Deposits Account, Miscellaneous (J. Petrie) : Cash 18 5 1 Deposits Account: Imperial pensions (cash) .. 38,756 10 0 Excess of expenditure over income .. .. 4,971,590 0 6 £5,495,851 1 4 £5,495,851 1 4 H. Digby Smith, Commissioner of Pensions. I hereby certify that the Income and Expenditure Account and Balan'ce-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 explanatory notes dealing with departmental accounts generally as appearing at the commencement of parliamentary return 8.-l [Pt. IV]. —J. H. Fowler, Controller and Auditor-General.

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