B—l [Pt. IV]

DEPARTMENT OF ISLAND TERRITORIES— continued Balance-sheet as at 31st March, 1948 Liabilities £ A „ . W 42,834 Stores on hand .. , Creditors £ Debtors : Sundry .. .. "" " 2 o'oio T)priflr+m Anto'l' " " " M.v. " Maui Pomare," less depreciation .. 42 834 Departmental 21,451 Net working loss for year .. ' 21,732 " ' ' ° Insurance Reserve .. .. .. 15 935 Treasury Adjustment Account .. .. .] '' 31'126 £lll ' 627 £111,627 A. Kuch, Accountant, Department of Island Territories. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the books and documents submitted for audit and correctly state the position as disclosed thereby, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return B-l [Pt. IVI — J P Rutherford Controller and Auditor-General. L '

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