H—3o

Balance-sheet as at 31st March, 1948 Liabilities £ Assets Sundry creditors .. .. .. .. .. 171 Cash at bank— £ £ Excess of income over expenditure to be distributed .. .. 308,974 Bank of New Zealand, Dunedin .. .. .. 58,804 Bank of New Zealand, Christchurch .. .. 14,130 Bank of New Zealand, Wellington .. .. 167,378 Bank of New Zealand, Auckland ".. .. 37,219 277,531 Cash in hand— Imprest accounts .. .. .. - - 190 Petty cash .. .. .. • • • • 10 2OO Sundry debtors : Levies unpaid .. .. . • • ■ 30,663 Office furniture, machines, &c. .. .. .. • • 751 £309,145 £309,145 R. C. Calder, Secretary. I hereby certify that the Income and Expenditure Account and the Balance-sheet 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. E. Owen, Government Printer, Wellington.— 1949. Pricey} s. 3d.~\

Approximate Cost of Paper.—Preparation, not given; printing (1,008 copies), £l4O.

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