H—3oa

Balance-sheet as at 31st March, 1945 (Exclusive of Apple and Peak, Accounts) Liabilities £ Assets £ Creditors .. .. .. .. .. .. 3,336,937 Land .. .. . .. .. .. 12,740 Reserve, Public Service Superannuation subsidy .. .. 80 Buildings .. .. .. .. .. .. 20,584 Reserve for marine insurance on imported goods and general Motor-vehicles .. .. .. .. .. 5,916 insurance on goods in transit and in cool stores .. .. 9,500 Loose tools, equipment, plant, furniture, and office appliances 64,191 Reserve for honey advertising (London) .. .. .. 15,748 Stock in trade .. .. .. .. .. .. 700,723 Reserve against obsolete equipment .. .. .. 11,875 Stocks of consumable stores .. .. .. .. 107,647 Reserve for writings off .. .. .. .. .. 440 Debtors .. .. .. .. .. 2,410,943 Honey Pool Account .. .. .. .. .. 169 Advances to Apple and Pear Section .. .. .. 690,238 Honey Seals Account .. .. .. .. .. 20,117 Payments in advance .. .. .. .. 1,473 Butter Equalization Account .. .. .. .. 697,616 Cash in hand and at bank .. .. .. 698,179 Egg Pool Accounts .. .. .. .. .. 9,457 Shares in Combined Distributors, Ltd. .. .. .. 135 Profit and Loss Appropriation Account .. .. .. 611,270 Losses in Suspense .. .. .. .. 440 £4,713,209 £4,713,209 R. P. Eraser, Director. Gr. C. Jupp, Accountant. I certify that the Trading Account, Profit and Loss Account and Appropriation Account, the Butter Equalization Account, the Honey Section Local and Export Pool Account, and the 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.— J. P. Rutherford, Controller and Auditor-General,

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