A.—4,

Balance-sheet. Liabilities. The form of the balance-sheet has been altered slightly this year, and it is proposed to adopt the new form for future years. The Post Office Savings-bank Accounts have been incorporated in Treasury books during the year for the first time, and are set out in the balance-sheet. Assets. The item sundry stores, £12,916 19s. 9d. is rather large, and does not show any reduction as compared with the previous year. The figure, however, includes £1,363 medicinal liquor, of which £800 worth arrived from England and Australia about the close of the year and approximately £4,000 for timber and water-piping, which it has not been possible to reduce to any appreciable extent during the year. The item General Fund investment in New Zealand £501 Ss. Bd. represents an over investment of Chinese funds in New Zealand as at 31st March, 1932. There is likely to be a loss of £150 under Sundry advances, and of £250 under Balance, defalcation, partly secured. These losses have been provided for by an expenditure item of £400 in the 1932 -33 estimates. The item Sundry debtors includes £2,749 European taxes outstanding, £2,730 Chinese overhead, £3,191 hospital fees, £435 school fees, £382 electric current sales for March, £760 adjustments with other radio-stations. The .balance are miscellaneous. The collection of debts in the Territory has always been a difficult matter, and notwithstanding a very large number of prosecutions, the total of book debts has not been reduced during the year. An endeavour is being made to restrict credit wherever possible. The item includes many debts which have been outstanding for a considerable time, and are not likely to be collected in full. ADMINISTRATION OF WESTERN SAMOA.—BALANCE SHEET AS AT 31st MARCH, 1932. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. 177,746 11 1 Land and buildings .. .. .. .. 126,577 7 0 Loans— £ s. d. Roads and bridges .. .. .. .. 139,000 0 0 Public works .. .. 139,000 0 0 Plant and machinery .. .. .. .. 33,130 111 General purposes .. 26,200 0 0 Launches, boats, &c. .. .. .. .. 2,321 1 0 Temporary loan from New Buoys, beacons, and moorings .. .. .. 1,240 0 0 Zealand Treasury under Motor and other vehicles " .. .. .. 1,806 4 0 section 33, subsection (3), Arms and accoutrements .. .. .. 702 18 1 of Samoa Act .. 6,000 0 0 Fire appliances .. .. .. .. 284 16 4 171,200 0 0 Furniture, fittings, bedding, clothing, &c. .. .. 11,381 2 5 Sundry creditors .. .. .. 1,309 15 2 Mechanical office appliances .. .. .. 334 7 6 Samoa currency notes .. 32,000 0 0 Medical and technical instruments and equipment .. 1,601 13 7 Less unissued notes .. 2,000 0 0 Libraries .. .. .. .. .. 168 210 — 30,000 0 0 Loose tools .. .. .. .. .. 656 5 11 Chinese Department— Saddlery and harness .. .. .. .. 75 11 7 Chinese Importation and Live-stock .. .. .. .. . . 451 18 0 Exportation Fund .. 6,901 13 8 Sundry stores .. .. .. .. .. 12,916 19 9 Sundry deposits held .. 15 13 7 Investments, sundry— 6,917 7 3 Fixed deposit—Bank of New Zea- £ s. d. Sundry depositors, Post Office Savings-bank 34,927 10 7 land, Apia .. .. .. 3,400 0 0 Sundry deposits held by £"s. d. Post Office Savings-bank Account Treasury .. 3,373 16 1 (Mulinu'u graves) .. .. 55 6 0 Sundry deposits in depart- i Sam oan currency-note security .. 32,000 0 0 mental trust accounts .. 884 12 1! Public Works Loan Sinking Fund 21,447 811 —— 4,258 9 0 j General Fund Investment in New Depreciation Reserve .. .. .. 17,783 2 1 ! Zealand .. .. .. 501 8 8 Public Works Loan Sinking Fund .. 21,447 811 57,404 3 7 Reserve for Writings-off .. .. .. 96 14 6 1 Investments, Chinese Fund— Investment in New Zealand .. 3,598 11 4 Investment in Samoa .. .. 800 0 0 4,398 11 4 Sundry debtors .. .. 2,518 15 11 6,917 7 3 Post Office Savings-bank— Investment in New Zealand .. 31,286 0 0 Fixed deposits, Apia .. .. 2,000 0 0 Cash in Bank of New Zealand, Apia 323 I 6 Cash in New Zealand .. .. 1,318 9 1 34,927 10 7 Suspense accounts— Sundry advances .. .. 336 3 0 Balance, defalcation, partly secured 356 16 4 Payments in advance .. . . 171 12 0 Writings-off in Suspense .. 96 14 6 Sundry debtors .. .. 9,267 10 7 10,428 16 5 Cash in bank balances— Cash in hand, Resident Commissioner, Savai'i .. .. 98 6 7 Cash in Deposits Account, New Zealand .. .. .. 36 6 5 Cash in transit from New Zealand 56 10 0 Bank of New Zealand, Apia and Auckland .. .. .. 5,092 3 4 Bank of New Zealand, London .. 353 7 2 Deposits held in Departmental trust accounts .. .. 884 12 11 6,521 6 5 Balance, Revenue Account, for Year 1931-32 .. 16,839 4 5 £465,686 18 7 £465,686 18 7

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