D.—s

Statement of Accounts, etc.— continued. Balance-sheet as at 31st March, 1941.

R. Semple, W Bishop Chairman of the 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.— Cyeil G. Collins, Controller and Auditor-General.

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LIABILITIES. 1940-41. 1939-40. ASSETS. 1940-41. 1939-40. £ s. d. £ s. d. Investment Account — £ s. d. Accumulated funds as per Revenue Account .. .. 1,248,383 2 2 1,279,836 2 8 Investments .. .. .. 1,223,08/ 7 8 Casual emnlovees' contingent contributions .. .. 21,011 13 10 18,155 8 10 Cash in hand .. .. .. l,8o3 8 0 £ s. d. £ s. d. Casual employees contm 0 ent contriDutions.. ll,224, 940 15 8 1,256,918 0 10 Retiring and other allowances due (not paid) — IMemW* .. 311 9 3 356 1 3 Current Account— Widows and children " " 401 4 10 269 15 7 Cash in hand ! 20,423 10 10 23,188 16 11 Refund of contributions authorized (not paid) .. .. 673 19 0 2,040 8 2 Contributions and fines in transit .. .. .. lo,442 7 0 16,704 0 8 Refund of contributions in excess of allowances drawn by 183 5 11 275 6 7 Contributions due by £ s. d. beneficiaries (not paid) or , • Army Department 4,908 18 7 Transfers to other funds authorized (not paid) .. .. 2! 10 21 3 7 Territorial Department .. .. 1,731 4 3 Interest paid in advance 2o3 12 8 322 15 3 Navy Department 288 8 3 Piihlic Trustee .. •• 536 18 9 411 6 6 Air Force Department .. .. 1,211 7 5 cv. 1'' j A ' 4 000 0 0 4 000 0 0 : 8,229 18 6 894 1 5 Reserve for focid smd douDtriiii debts .. • • • ■ > ' <-</-. m i-i i coq it rv qqq a n Rebates of contributions (National Expenditure Adjustment Act, 37,815 18 5 39,043 4 10 Contributions outstanding .. .. .. 1,698 11 0 if 4 0 inoo\ Contributions due Dv members in respect ot casual service .. 7 11 64,i41 14 11 Snndrv creditors .. .. • • • ■ 171 10 4 367 14 3 Working Railways— On account of increased allowances to annuitants as provided 260 6 0 263 12 3 for by Statutes Amendment Act, 1936 On account of cost-of-living bonus .. • • ■ • j 20 3 7 23 8 2 ' On account of additional allowances to widows and children 2,477 16 8 989 3 9 Interest due not paid .. .. .. .. •• 9,431 16 0 9,793 1 4 Interest accrued but not due .. .. •• 12,392 16 11 12,586 18 6 Insurance premiums .. .. .. .. 19 4 11 23 0 5 Sundry debtors .. .. .. .. •• •• 0 4 4 1,313,764 15 0 1,345,099 7 6 Jl,313, 764 15 0 1,345,099 7 6