POST AND TELEGRAPH DEPARTMENT —continued. Balance-sheet as at 31st March, 1936. Receipts and Expenditure on Capital Account.

B.—l [PT. IV], Sup. TO 1936.

General Balance-sheet. Liabilities. Assets. £ s. d. s * Sundry creditors— £ s. d. £ s. d. Capital Account balance . . . • • • • • • • 1,1""» <>20 ° b Money-order payees for unpaid money-orders .. .. 60,270 13 4 Stock at Stores, Telegraph Engineers and Workshops, and in 211 Other administrations on money-order, postal, and cable transit . . .. • • • • • • • • • • > accounts .. .. .. .. .. .. 91,433 3 10 Sundry debtors— Postal-note payees for unpaid postal notes .. .. 82,149 19 11 Other administrations on money- order account .. .. 2,2©«* 11 o Sundry other creditors . . . . . . . . .. 589,726 11 11 Government Departments .. . . • • • . 23,022 3 0 Other Government Departments .. . . . . . . 96,082 5 11 Sundry other debtors .. ■ • • • • • 70,542 o / . 919,662 14 11 9°> 848 0 1 Assets written off Reserve Account .. .. •. • • • • 6,101 3 10 Post Office Investment Certificate Account: Investments held War Loan Certificate Account .. .. .. .. .. . • 6,824 1 11 in Government Loans .. .. .. •• 732,650 0 0 Post Office Investment Certificate Account .. .. .. •• 890,766 6 1 Postmasters' balances .. •• •• •• •• 1,950,289 9 4 Money-order Settlement Account.. .. .. .. • • • • 4,707 2 10 Less Savings-bank funds held in balances .. .. 1,264,448 1 0 Postmasters: For advance to Postmasters of stamps, postal notes, British postal orders, Post Office Investment Certificates, _ ~85, 841 8 4 and other documents of value, including stocks held in the Head Office Account, including cash in bank .. .. 3,338,907 17 0 General Post Office .. .. .. .. .. 3,393,107 0 9 Bulk stock of stamps held in Head Office .. .. .. 32,102,255 lo 3 „ Stamps held in Head Office and in transit .. .. 32,105,102 15 ; oin 35,498,209 22 Assets written off Suspense Account .. .. .. •• •• o,iUl 6 1U Depreciation Reserve (including maintenance and renewals, equalization reserve, Post Office investments under section 100 of the Post and Telegraph Act, 1928 a a telegraph, toll, and telephone systems) .. .. .. .. .. 4,136,087 16 7 Investment (Radio Broadcasting Board of New Zealand) .. .. .. 28,550 0 0 Fire Insurance Reserve .. .. .. .. .. •• •• 95,000 0 0 Interest accrued on investments .. .. .. •• •• •• 12,7" Investments held on behalf of Radio Broadcasting Board of New Zealand . . 72,000 0 0 Loan Conversion Expense Account .. .. .. .. .. 42, 00y U Interest accrued on investments held on behalf of Broadcasting Board of New Zealand .. .. . . .. .. .. .. .. 256 6 11 Profit and Loss Appropriation Account .. .. .. .. .. 34,812193 £41,664,427 14 6 £41,664,427 14 6 Notes.—(a) Interest on so much of capital as is equal in amount to Depreciation Reserve investments is at the average earning-rate on such investments ; interest on balance of capital is at £4 ss. per cent. (b) Depreciation has been allowed for on balance of assets as at Ist April, 1935, the total charge being carried to Depreciation Reserve. A. Marshall, F.R.A.N.Z., Director of Accounts. G. McNamara, Director-General, Post and Telegraph Department. I hereby certify that the Profit and Loss Accounts 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.— J. H. Fowler, Deputy Controller and Auditor-General.

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[ A. at 31st March, i— As at 31st March, O, j | | E and toll systems, including £ s. d. £ s. d. £ s. d. Receipts: Public Works Fund .. 13,085,424 9 6 400,765 6 3 13,486,189 15 9 works in progress .. .. 2,487,045 10 2 56,424 18 7 2,543,470 8 9 Telephone-exchange systems, including works in progress .. •• 8,465,500 11 8 121,348 5 10 8,586,848 17 6 Wireless systems .. .. .. 33,754 5 3 3,694 17 0 37,449 2 3 Buildings and sites .. .. 2,850,025 12 8 201,021 9 6 3,051,047 2 2 Plant and workshops .. .. 34,626 6 4 Gr. 1,458 6 4 33,168 0 0 0 ~ iq am isq i* q Motor-garages, &c 231,781 3 8 923 0 1 232,704 3 9 ■ 13,085,424 9 6 400, 76o 6 3 13,486,189 15 9 Furniture and fittings .. .. 175,376 0 5 3,446 9 4 178,822 9 9 Balance carried to General Balance-sheet .. •• o a 14,278,109 10 2 385,400 14 0 14,663,510 4 2 •• 14,663,510 4 2