H—4s

STORE FUND— continued Balance-sheet as at 31st March, 1948 1946-47 1946-47 (Eight (Eight Months). Months). £ Liabilities £ £ Assets £ £ 4,591 Creditors .. .. .. .. .. .. 5,938 Cash at Bank of New Zealand: Head Office accounts .. 5,104 407 Reserves: store plant purchases:— Debtors .. .. .. .. .. .. 1,484 3,478 As per Balance-sheet, 31st March, 1947 .. 1,500 Fixed— 1,500 Appropriated for year .. .. .. 2,000 Store plant, as per Balance-sheet, 31st £ £ 3,500 March, 1947 .. .. .. 2,317 Accumulated funds— Adjustment, office furniture and fittings 18 As per Balance-sheet, 31st March, 1947 .. 346 Purchases during year .. .. 2,512 2,602 347 Balance brought in for year .. .. 376 4,847 722 Sales during year .. .. .. 850 18 Depreciation for year .. . . 600 267 1,450 3,397 2,317 Office furniture and fittings— As per Balance-sheet, 31st March, 1947 .. 236 Purchases during year .. .. .. .. 256 236 Adjustment: plant (sales, 1946-47) .. 18 Depreciation for year .... 43 20 61 175 236 £6,438 £10,160 £10,160 £6,438 ' """" I ~ " A. E. Bockett, General Manager. A. G. Davidson, Chief Accountant. I hereby certify that the Revenue Account and Balance-sheet relating to the Stores Fund have been duly examined and compared with the books and supporting documents, and correctly state the position as disclosed thereby.— J. P. Rutherford, Controller and Auditor-General.

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