H—2l

J. R. Deal, Treasurer. The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct.— J. P. Rutherford, Controller and Auditor-General. Approximate Cost of Paper.—Preparation, not given ; printing (783 copies, £26.)

By Authority: E. V. Paul, Government Printer, Wellington.— 1947. Price 6d .]

Balance-sheet as at 31st March, 1947

15

(Figures to nearest pound) Liabilities. 1946-47. 1945-46. Asseti. 1946-47. 1945-46. \ £ £ £ Land, buildings, improvements — £ £ £ Capital: Balance at beginning of period 345,884 Land 30,000 Add— £ Buildings 195,514 Capital purchases from revenue 751 Approach steps and terraces 4,300 Capital purchases from reserves 62 Ground improvements 6,185 813 Floodlights 482 346,697 345,884 236,481 236,481 Sundry creditors 129 83 Exhibits — Special reserves — Museum 51,267 Art Gallery and Museum Rehabilitation 3,200 Art Gallery 33,506 84,773 Reserve 84,461 Art Gallery Special Purposes Reserve 614 Furnishings and equipmentBeauchamp Trust Reserve 909 Cinematograph equipment 688 Buildings Fund Reserve 339 Furnishings 19,274 Centennial Art Exhibition Reserve 610 Library 2,381 Educational Purposes Reserve — Mechanical appliances 208 Art Gallery 3,400 Miscellaneous equipment 770 Museum 2,250 Photographic apparatus 807 Museum Exhibits Purchase Reserve 1,995 Scientific apparatus 236 Picture Purchase Reserve — Tea-room equipment 695 General 694 Tools 383 Macarthy Trust 57 25,442 24,942 Repairs, Renewals, and Extensions Reserve 10,750 Publications (stock) 193 146 24,818 20,226 Sundry debtors 533 410 Centennial Art Exhibition Suspense Account 296 988 Investments — 5,947 Accumulated surplus — Deposit with Public Trustee 5,760 General 174 187 National Savings Account 2,133 2,071 Tea-rooms 75 75 New Zealand Government stock Fixed deposit, Bank of New Zealand Deposit, Post Office Savings-bank Imprest accounts Cash in bank and in hand (less unpresented cheques) 7,000 3,000 563 24 6,100 7,000 3,000 549 14 2,609 £372,189 £367,443 £372,189 £367,443