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MARKETING DEPARTMENT (EXPORT DIVISION) Balance-sheet as at 31st July, 1946 Liabilities £ Assets £ £ Sundry creditors, accrued charges and sundry credit balances .. .. 9,074,432 Cash held in London .. .. .. .. .. .. 2,373 Farm Products Stabilization Accounts— • £ Cash, Reserve Bank of New Zealand— Dairy Industry Stabilization Account .. .. .. .. 4,703,240 Meat Industry Account .. .. .. .. .. 2,689,252 Meat Industry Stabilization Account .. .. .. .. 3,270,754 Sundry Products Account .. .. .. .. .. 474,971 Bobby Calf Stabilization Account .. .. .. .. 145,898 8,119,892 3,166,596 Meat Pool Account .. .. .. .. .. .. .. 8,931,174 Less Dairy Industry Account .. .. .. .. 103,673 Bobby Calf Pool Account .. .. .. .. .. .. 292,566} 3,062,923 Net surpluses on administration allowances— Sundry debtors for produce and amounts accrued due .. .. .. 1.391,109 Meat Account .. .. .. .. .. .. 33,073 Stocks .. .. .. .. .. .. .. .. 7^623,416 Tallow Account .. .. .. .. .. 5,705 Investments in Treasury bills and war loans .. .. .. .. 14,200,000 War Office Contracts Account .. .. .. .. 417 Office and departmental equipment .. .. .. -.. .. 9,270 Advances to Sheep-skin Controller .. .. .. .. .. 169,801 39,195 Less deficit Hides Account .. .. .. .. .. 740 38,455 £26,456,519 £26,456,519 G. M. Pottinger, Acting Director. W. J. Pratley, Accountant. I hereby certify that the several Purchase and Bale and Revenue Accounts, Administration and General Expenses Accounts, together with the Balance-sheet as at 31st July, 1946, have been examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. P. Rutherford, Controller and Auditor-General.

By Authority: E. V. Paul, Government Printer, Wellington.— 1947,

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