H—24

INVERCARGILL LICENSING TRUST —continued Balance-sheet as at 31st March, 1948 —continued

* Contingent liability for awards made under section 90 of the Public Works Act, 1928, in respect of the following premises taken under the above Act and account not yet determinable: Kelvin, 6/27/A192; Invercargill Town South, Part Section 22, Block X, 27-2 p., Gazette notice, 26th February, 1945. 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. Invercargill Licensing Trust: Eric B. Barnett, Secretary-Manager.

8

— North Invercargill Bottle-store. Rugby Park Bottle-store. Spey Street Bottle-store. Head Office. Totals. Liabilities Bank Less cash in hand £ s. d. 67' 3 8 £ s. d. 77' 6 9 £ s. d. 37' 2 10 £ s. d. £ 294,864 1,311 s. 4 0 d. 1 11 Frank Holloway Lighting Fund Sundry creditors Property Acquisition Adjustment Account Depreciation Reserves — Furniture Trucks Buildings Plant Taxation Reserve General Reserve Sports Centre Donation Reserve Profit and Loss Appropriation Account 106 10 2 106 13 11 814 109 18 10,324 13 2 2 293,553 109 18,487 1,854 3 18 13 17 2 2 5 4 16 17 6 31 18 4 123' 3 4 74 14 3 238 12 536 12 1,916 5 11,010'17 12,090 13 3,750 0 5,722 17 5 4 8 7 10 0 2 6,164 536 29,672 5,504 11,010 12,090 3,750 5,722 7 12 2 0 17 13 0 17 0 4 9 3 7 10 0 2 388,457 3 0 Assets Imprest advances Post Office Savings-bank Southland Brewery shares Stocks on hand— Cellar Provisions Maintenance Furniture Linen, cutlery, glassware, &c. Plant Motor-vehicles Land and buildings Sundry debtors Goodwill £ s. d. 20 0 0 142 16 11 337'10 2 23 6 3 34' 4 8 £ s. d. 25 0 0 139 4 5 252' 3 8 28 19 8 3,085* 5 7 58 18 11 £ s. d. 10 0 0 429 13 5 24i' 1 0 32 15 0 83' 6 10 £ s. 20 0 109 18 5,250 0 17,132 10 9,290 8 1,850 19 1,099 5 781 12 1,047' 7 13,316 15 792 14 486 15 d. 0 2 0 2 0 6 5 9 2 3 7 0 £ 1,371 109 5,250 21,637 13,270 1,850 26,930 21,149 15,143 1,047 266,773 2,921 11,001 s. 6 18 0 9 17 19 8 3 3 7 15 0 15 d. 0 2 0 9 5 6 0 0 2 2 4 6 0 388,457 3 0