D.— 5

D. G. Sullivan, W. Bishop, Chairman of tie Government Railways Chief Accountant, New Zealand Railways. Superannuation Fund Board. I hereby certify that the Statement of Receipts and Payments, Revenue Account, 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.— G. F. C. Campbell, Controller and Auditor-General.

Statement of Accounts, etc.— continued. Balance-sheet as at 31st March, 1936.

6

LIABILITIES. 1935-36. 1934-35. ASSETS. 1935-36. 1934-35. £ s. d. £ s. d. £ s. d. £ s. d. Accumulated funds as per Revenue Account .. .. 1,246,984 7 11 1,239,705 5 0 Investment Account — £ s. d. Casual employees' contingent contributions .. .. 12,786 17 0 10,507 16 5 Investments .. •• .. 1,155,460 2 9 Retiring and other allowances due (not paid) — Cash in hand .. .. .. 68,272 12 6 „ Members .. .. .. .. .. •• 210 14 5 254 8 11 1,223,732 15 3 1,218,265 14 0 Widows and children .. .. .. • • • • 97 3 10 113 17 10 Current Account Refund of contributions authorized (not paid) .. .. 147 12 2 346 9 1 Cash in hand .. .. .. .. •• 30,785 14 6 29,259 16 5 Transfers to other funds authorized (not paid) .. •• 29 0 8 17 14 3 Contributions and fines in transit .. .. .. 11,552 7 10 10,799 10 11 Interest paid in advance .. .. .. •• 259 15 1 284 15 4 Contributions outstanding .. .. .. .. 1,553 7 6 674 9 8 Public Trust Office .. .. .. .. • • 1,221 18 4 1,220 2 0 Contributions due by members in respect of casual service 3,217 0 4 2,688 8 0 Reserve for bad and doubtful debts .. .. •• 6,000 0 0 5,000 0 0 Working Railways — Rebates of contributions (National Expenditure Adjustment 42,525 8 7 43,016 3 6 On account of cost-of-living bonus .. .. .. 155 15 0 65 11 5 Act, 1932) On account of additional allowance to widows and children 1,033 3 4 1,037 Oil Subsidv paid in advance.. .. .. .. .. 0711 .. Interest due not paid . . .. .. .. .. 24,713 13 2 24,109 6 8 Interest accrued but not due .. .. .. • • 13,240 12 6 13,203 16 10 Rates and fees paid .. .. .. .. .. 247 12 7 350 0 1 Insurance premiums .. .. .. .. .. 22 12 11 12 6 6 Sundry debtors .. .. .. .. .. 8 110 0 10 11 1,310,263 5 11 1,300,466 12 4 1,310,263 5 11 1,300,466 12 4