B. —1 [PT. IY, Sup.] .

J. J. Gibson, Accountant, Public Works Department. F. W. Fukkert, Chairman, Main Highways Board I hereby certify that the Income and Expenditure Account and the balance-sheet has been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

MAIN HIGHWAYS ACCOUNT— continued. General Balance-sheet as at 31st March, 1925.

39

Liabilities. Revenue Fund. Con^ d ction Total. Assets. Revenue Fund, j | Total. Excess of income over expenditure — £ s. d. £ s. d. £ s. d. Cash in Treasury — £ s. d. £ s. d. £ s. d. 1922-24 .. .. .. .. j 256,791 14 4 ; At call .. .. .. .. •• 54,373 7 5 545 15 3 1924-25 .. .. .. .. 339,103 3 8 .. ! Temporarily" invested until required .. 527,000 0 0 595,894 18 0 " 581,919 2 8 Sundry creditors .. .. .. .. 19,548 2 8 22,384 19 11 41,933 2 7 j Sundry debtors .. .. .. .. 314 2 5 617 13 4 931 15 9 Writings off Suspense Account: -MaU:ria l_ and 1 Motor-registration fees: Collected but still in stores as per contra .. .. .. j 128 3 0 17 0 9 145 3 9 hands of Postal Department .. .. 10,279 9 6 Due but unpaid .. .. .. .. 500 0 0 .. 10,779 9 6 Tire-tax : Collected but still in hands of Customs Department .. .. .. .. 14,929 13 4 .. 14,929 13 4 Interest from investments — Due but unpaid .. .. .. .. 764 7 6 i Accrued .. .. .. .. 3,073102 | | 3,837 17 8 ! Material and stores .. .. .. [ 2,858 15 4 13,932 9 8 16,791 5 0 | j Material and Stores Deficit Account .. .. 128 3 0 17 0 9 145 3 9 £ s. d. Furniture and fittings .. .. 264 11 1 Less depreciation .. .. 18 16 1 245 15 0 .. 245 15 0 Plant and equipment .. .. 1,109 12 6 Less depreciation .. .. 5 12 6 1,104 0 0 .. 1,104 0 0 Construction Fund : Excess of capital expenditure over capital income .. .. .. •• 7,289 1 8 7,289 1 8 £615,571 3 8 £22,402 0 8 £637,973 4 4 |£615,571 3 8 j£22,402 0 8 £637,973 4 4