8.—6.

Table No, 17. State Balance-sheet as at 31st Makch, 1934. Liabilities. I Capital £ s. d. I Land and buildings, including Crown, settlement, and £ s. d. Public debt* .. .. •• 306,841,996 311 endowment land, departmental land and buildings 41,968,995 15 5 Rural Advances bonds . 4,213,050 0 0 State forests, nurseries, and plantations .. .. 38,037,640 7 1 Public Debt Redemption Fund .. 19,225,644 10 6 Railways, including permanent-way and works, " Creditors rolling-stock, and unopened lines .. .. 59,029,270 lb 8 Sundry .. .. •• 2,185,547 6 9 Telegraphs, telephones, and wireless systems .. 10,964,418 19 11 Interest on debentures and stock Electrical schemes .. .. .. •• 12,578,497 14 6 due and mroaid* .. .. 52,416 17 3 Drainage and irrigation schemes .. .. 4,042,5d7 14 b Interest accrued but not due* .. 2,331,491 0 0 Collieries, sawmills, quarries, &c. _ _ .. .. 396,649 0 3 Wages and other payments accrued 7,085 18 4 Armament and military stores, aviation equipment 2,871,437 19 2 Payments in advance, &c 408,358 3 11 Oyster-beds, fish-hatcheries, equipment &c. .. 123,647 10 7 Tfpaervpq Wharves, bridges, harbour-works, lighthouses, &c... 828,864 3 4 General .. •• •• 3,891,384 9 3 Plant, material, and furniture .. .. 3,229,994 5 8 Sinking fund and reserves for loan- Libraries, books, museum exhibits, stationery, redemption .. .. 3,296,319 8 2 stamps,&c... .. .. •• •• 376,794 6 3 Depreciation .. 7,996,371 5 1 Live and dead stock, farm crops, &o. .. .. 234,511 8 0 Fire, accident, and marine insurance, Government steamers, launches, motor-cars, &c. .. 566,656 6 7 bad debts, &c. .. •• 893,244 10 3 Advances on loan or mortgage .. .. .. 57,47b,457 8 b Amount held on deposit .. .. 1,027,210 17 1 Debtors Suspense .. 258,935 14 11 Sundry .. .. .. •• 2,275,020 13 8 Post Office investment and war-loan Unpaid purchase-price of land and buildings and certificates .. •• 1,560,673 210 interest thereon .. .. .. •• 2,264,759 2 4 Miscellaneous liabilities .. .. 49,217 19 6 Postponed rents, &c A " 370,816 14 10 Excess of assets over liabilities .. 48,638,674 2 I Interest and rent, due and unpaid, and due and 0 . accrued*.. .. .. .. . • d,bi)d,lol iz 4 Special investments — Nauru phosphate rights .. .. .. 565,040 0 0 Bank of New Zealand shares .. .. .. 2,109,375 0 0 Public Trust Office (Public Debt Redemption Fund, &c.) .. .. .. •• 8,137,529 5 2 Special assets of various accounts — Native land schemes, &c. .. .. •• 921,356 3 1 Unallocated loan charges .. .. .. 750,660 5 8 Earthquake expenditure .. .. 22,725 7 11 Payments in advance .. .. .. •• 315,007 13 1 Properties acquired by Crown and properties in course of realization .. .. . • 990,110 7 2 Investments — Reserve Fund .. .. •• 327,702 3 4 Sinking funds .. .. •• •• 372,652 16 7 Miscellaneous, including investment of Treasury accounts .. •• •• 24,788,639 14 0 National Development Account — Expenditure on— £ s. d. Main highways, roads, &c. 27,844,621 17 7 Development of mining .. 867,467 15 11 Education .. .. 8,161,201 15 6 Immigration .. .. 3,319,398 15 7 Harbour-works .. .. 1,042,508 9 6 Land-development .. 696,454 2 8 Cost of raising loans .. 358,092 3 0 42,289,744 19 9 Other loan expenditure— War expenditure .. .. 66,528,021 0 2 Naval defence .. ■ • 1,389,656 1 5 Local bodies .. .. 3,037,229 19 2 Maori-land settlement .. 247,050 0 0 Miscellaneous .. .. 6,163,496 18 8 77,365,453 19 5 Cash — New Zealand Government Indemnity Exchange Account 1,000,000 0 0 Public Account .. .. 778,179 3 6 Receiver-General .. .. 2,818 811 State Advances Office Account 62,568 1 11 Post Office or Post Office Savings-bank .. .. 464,151 7 8 Deposit accounts .. .. 118,718 18 7 In hand and in transit .. 83,742 5 9 Deposit with Bank of Internationa] Settlements .. 36,023 0 0 2,546,201 6 4 Miscellaneous assets .. .. ■ ■ 45,297 8 9 £402,877,621 9 10 £402,877,621 9 10

* See Note (2) on following page.

XV