B—l [Pt. IV]

W. L. Edwards, Accountant. I hereby certify that the Profit and Loss Accounts and Balance-sheets 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 commencement of parliamentary return B-l [Pt. IV],— J. P. Rutherford, Controller and Auditor-General.

Balance-sheets, 1942 to 1946

81

As at 31st March, As at 31st March, 1942. 1943. 1944. 1945. 1946. 1942. 1943. 1944. 1945. 1946. « .x , . Liabilities £ £ £ £ £ Assets £ £ £ £ £ Capital Account .. .. .. 690,580 690,580 692,440 690,361 690,359 Properties unoccupied: Land, buildings, 85,109 85,067 82,676 82,676 82,676 Reserves and trust funds — | and improvements Labour Repatriation Account .. 1,613 1,519 1,429 1,313 1,229 Properties occupied or leased — Plantation renewals .. .. 7,670 6,628 8,758 15,646 11,211 Residential and Head OfficeNiuean Labour Deferred Pay Account 192 305 1,091 913 408 Land .. .. .. 16,715 16,715 16,382 16,382 16 394 Depreciation for motor-lorries .. .. .. 200 1,400 .. Buildings .. .. .. 23,310 22,452 21,467 22,081 20 449 Reserve for bad and doubtful debts .. 782 496 451 451 451 Other assets .. .. .. 810 1,066 1,027 998 l'llO Sundry creditors .. .. .. 2,619 5,233 4,213 5,273 12,018 Plantations leased— Deposit Account .. .. .. 156 286 604 13 62 Land .. .. .. .. 87,949 87,950 76,113 76,045 76,045 Banana Scheme Account .. .. 12,471 .. .. .. .. Buildings .. .. .. 15,236 12,780 10,648 10,648 10,648 Bank of New Zealand Account .. 657 357 348 314 1,329 Improvements .. .. .. 5,527 4,418 4,032 4,032 4,032 Exchange Account .. .. .. 312 489 .. .. .. Plantations worked— Bank of New Zealand and Exchange .. .. 119 119 94 Land .. .. .. .. 313,821 313,353 290,290 290,294 290,246 Suspense Account Buildings .. .. .. 24,391 27,875 27,694 30,162 34,890 Paymaster-General's Suspense Account 4 .. 28,158 28,144 27,235 Improvements .. .. .. 31,316 29,917 20.225 19,634 27,148 Eire Losses and Writings-off in Suspense 1,283 1,593 2,635 3,096 4,475 Plant, machinery, furniture, and 2,918 5,161 4,859 11,620 10,949 Account stores Lata Demolition Account .. .. .. 92 .. .. .. Live-stock .. .. .. 22,878 18,839 15,729 22,208 23,209 Profit and Loss Appropriation Account 65,583 102,903 117,828 154,483 185,522 Plant and machinery .. .. 380 565 682 1,271 2,570 Motor boats, motor-lorries, cars, and 1,726 1,200 905 3,737 8,293 sundry assets Debtors for rents, &c. .. .. 6,323 5,100 3,349 4,291 4,456 Sundry debtors .. .. .. 6,681 481 820 12,237 37,526 Paymaster-General's Account .. 82,449 81,924 165,819 202,738 137,539 Stores on hand and in transit .. 8,775 8,770 13,782 10,919 18,852 Purchase of copra .. .. .. .. .. .. .. 36,238 Produce on hand and on consignment .. 6,234 6,695 6,355 5,616 10,013 Duty Deposit Account .. .. 42 592 807 Losses on Realization Account .. 7,866 10,765 21,546 19,370 20,062 Banana Scheme Account .. .. 15,004 3,362 5,971 4,005 13,291 Works in progress .. .. .. 4,620 .. .. 272 339 Bank of New Zealand and Exchange 64 238 Suspense Account Outstanding Losses in Suspense Account 1,283 1,283 3,841 2,527 3,229 New Zealand War Expenses Account .. .. 2,632 34,965 35,327 35,327 Lend-lease Account .. .. .. .. 849 1,747 711 Suspense Account .. .. .. .. .. .. .. 17 Cash on hand and at bank .. .. 12,495 60,432 26,543 11,725 8,845 783,922 810,481 858,274 901,526 934,393 783,922 810,481 858,274 901,526 934,393