57

B.—l [Pt. IV].

Liabilities. £ s. d. Assets. £ s, d. Capital Account—Balance at credit .. .. .. .. •. 406,230 10 6 Stock at stores, District Telegraph Engineers', and workshops, and in transit .. 751,130 15 8 Profits invested in departmental assets .. .. .. .. .. 326,575 18 0 Sundry debtors— _£s. d. Sundry creditors £ s ' d. Other Administrations, on Money-order Account .. 16,324 12 2 Money-order payees, for unpaid money-orders .. .. 93,645 11 6 Government Departments .. .. .. .. 191,953 19 5 Other Administrations, on money-order, postal, and cable Sundry other debtors .. .. .. .. 49,203 15 11 accounts .. .. .. .. .. 75,928 6 10 — ■ 257,482 7 6 Postal-note payees, for unpaid postal notes .. .. 59,758 2 0 Savings-bank AccountSundry other creditors .. .. ■ • •• 278,396 0 6 Investments .. .. .. .. .. .. .. 46,102,780 9 7 Other Government Departments, for balances due on 31st Interest accrued, 31st March, 1924 .. .. .. .. .. 552,921 11 11 March 1924 .. . • •• •• •• 414,545 17 0 War-loan Certificate Account— ■ 922,273 17 10 Investments held in Government loans .. .. .. .. 1,142,060 0 0 Assets written off Reserve Account .. .. .. .. .. 5,753 10 4 Post Office Investment Certificate Account — Savings-bank Account— Investments held in Government loans .. .. .. .. 320,050 0 0 At credit of depositors .. . ■ •• •• •• •• 46,098,420 11 4 Postmasters' balances held .. .. .. .. 1,105,842 13 1 On transfer, New Zealand and other Administrations .. .. .. 24,149 1 10 Cash in bank (Head Office Account) .. .. .. 563,524 14 2 Reserve Fund .. .. •• •• •• •• •• 1,000,000 0 0 1,669,367 7 3 War-loan Certificate Account .. .. .. •• •• •• 1,122,186 9 8 Assets written off Suspense Account .. .. .. .. .. 5,753 10 4 Post Office Investment Certificate Account .. .. .. . ■ 313,342 16 11 Treasury Adjustment Account .. .. .. .. .. .. 722,627 7 11 Postmasters— For advances to Postmasters of stamps, postal notes, British postal orders, Post Office investment certificates, and other documents of value, including stocks held in the General Post Office .. .. .. 624,023 8 4 Depreciation reserve .. . - . • • • • • • • • • 508, 784 0 3 Profit and Loss Appropriation Account .. .. .. .. .. 172,433 5 2 £51,524,173 10 2 £51,524,173 10 2 F. T. R. Johnson, Controller of Accounts. 22nd December, 1924. 6. McNamara, Acting-Secretary. I hereby certify that the attached Profit and Loss Accounts and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the accounts include charges against the Department for interest on capital and sanitation services for which the Department possesses no parliamentary appropriation, and credits for rent of premises for which the Departments concerned possess no parliamentary appropriation. The value of non-departmental Ministerial telegrams and free postages to libraries are not included in the accounts. — G. F. C. Campbell, Controller and Auditor-General.

POST AND TELEGRAPH DEPARTMENT— continued. Balance-sheet as at 31st March, 1924. Receipts and Expenditure on Capital Account.

B—B. 1 [Pt. IYJ.

n As at the | Amounts expended As at the ~ j Capital as at Amounts received, Capital as at ur - 31st March, 1923. j during the Year. 31st March, 1924. • j 1st April, 1923. Year 1923-24. 31st March, 1924. To Expenditure on — £ s. d. £ s. d. £ s. d. By Receipts £ s. d. £ s. d. £ s. d. Telegraph and toll systems, including 1,220,495 18 11 128,097 5 8 1,348,593 4 7 Public Works Fund .. .. 6,371,887 3 0 826,766 14 0 7,198,653 17 0 works in progress Telephone-exchange systems, in- 2,654,561 9 0 646,487 5 10 3,301,048 14 10 eluding works in progress Wireless systems . • • • 44,081 0 0 574 9 6 44,65o 9 6 Buildings and sites .. •• 1,726,259 10 8 108,369 2 9 1,834,628 13 5 Plant at workshops .. •• 9,477 14 8 1,351 11 0 10,829 5 8 Motors, garages, &c 116,912 0 4 32,973 13 8 149,885 14 0 Furniture and fittings .. •• 102,406 7 6 375 17 0 102,782 4 6 5,874,194 1 1 918,229 5 5 6,792,423 6 6 6,371,887 3 0 826,766 14 0 Balance carried to general balnnee-sheet .. .. • • 406,230 10 6 £7,198,653 17 0 £7,198,653 17 0 General Balance-sheet.