B.—l [PT. IV]

POST AND TELEGRAPH DEPARTMENT— continued Balance-sheet as at 31st March, 1943 Receipts and Expenditure on Capital Account

General Balance-sheet Liabilities £ £ Assets -P Sundry creditors Capital Account balance ...... i 400 ncc Honey-order payees for unpaid money-orders .. .. .. 55,390 Stock at stores .. .. .. " " " I'tl'T Other Administrations, on money-order, postal, and cable accounts .. 161,214 Sundry debtors '" ' «' ' Postal-note payees for unpaid postal notes 97,125 Other Administrations on money-order account 15 fis* jNational savings coupons sold and unredeemed .. .. .. 9,157 Sundrv other debtors .. .... Other Government Departments .. .. .. .. .. 4,010,442 ' Sundry other creditors .. .. .. .. .. .. 1,581,13 l Investments in Government stocks on account of— ' °' * «■ ~ . 5,944,459 Post Office investment certificates .. 900 ecn Assets written off Reserve Account 6,738 National savings deposits and bonds .. ." " 9 610 000 War Loan Certificate Account .. .. .. .. .. .. 4,173 ex- .... u,uuu Post Office Investment Certificate Account ! Postmasters' balances and cash in bank .. 477 9 ' 901 ' 60 ° National Savings Fund Account 5,016,864 Less Savings-bank funds held in balance .. !! " " 1 356 344 National Savings Bond Fund Account .. .. .. .. .. 4,849,779 > ' a lnt> Postmasters : For advances to Postmasters of stamps, postal notes, British postal '' ~ Bulk stock of stamps and other documents of value held in Head Office 54 260 674 orders, and other documents of value 4,520,617 Assets written off Suspense Accounts " " fi'vqf Stamps and other documents of value held in Head Office and in transit.. .. 54,342,201 Post Office investments under section 100 of Post and Telegraph Act, 1928 .' 5 935 073 depreciation Reserve .. .. .. .. .. .. .. 6,311,791 Interest accrued on investments .. ° ' ' 07'179 jbire Insurance Reserve .. .. .. .. .. .. .. 225 000 " *" "' '' *' War Damage Insurance Reserve .. .. .. .. .. .. 420 908 Reserve for accumulated leave .. .. .. .. .. .. 100 000 Earthquake Damage Reserve .. .. .. .. .. .. 100,000 Profit and Loss Appropriation Account .. .. .. .. .. 871,483 183, 00o ,01 3 £83,005,013 P. Cuteorth, A.E.A.N.Z., Director of Accounts. J. G. Young, Director-General, Post and Telegraph Department. I hereby certify that the Profit and Loss Accounts 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.— Cyril G. Collins, Controller and Auditor-General.

34

Dr. As at 1st April, Amount debited As at 31st March, i Capital as at 1st Amount received | Capital as at 3Ht • aurlng Year " m3 ' April, 1942. during Year. March, 1943. Expenditure— £ £ £ Receipts— £ £ £ Telegraph and toll systems, including 3,045,797 9,484 3,055,281 Public Works Account and National 16,960,507 946 281 17 206 788 works m progress Development Loans Account ' ' Telephone-exchange systems, including 10,095,363 177,028 10,272,391 Aeradio Adjustment Account (Con- 138,229 -->0 "63 158 4Q» works m progress solidated Fund contribution to ' Wireless systems .. .. .. 50,799 29,212 80,011 aeradio assets) Buildings and sites .. .. 4,547,408 109,156 4,656,564 Tools and plant .. .. .. 71,118 59,382 130,500 Motor assets .. .. .. 328,243 CV.47, 153 281,090 Furniture and fittings .. .. 219,555 4,362 223,917 Aeradio systems — Communication equipment .. .. 86,775 19,808 106,583 Balance carried to General Balance-sheet 17,098,736 ?66 544 17 365 280 Buildings .. .. .. 51,454 455 51,909 ' 1 492 966 18,496,512 361,734 18,858,246 ~ 77 18 858 "46 '