H—3oa

Balance-sheet as at 30th September, 1945 Liabilities £ Axsets £ Creditors .. .. .. .. .. 2,722,194 Land .. .. .. .. .. .. .. 12,741 Reserve, Public Service Superannuation subsidy .. .. 80 Buildings .. .. .. ~ .. 20,424 Reserve for marine insurance on imported goods and general Motor-vehicles .. .. . . .. . , .. 5,331 insurance on goods in transit and in cool stores .. .. 9,500 Loose tools, equipment, plant, furniture, and office appliances ~ 62,782 Reserve against obsolete equipment .. .. .. 11,381 Investments .. .. .. .. .. .. 251,755 Reserve for honey advertising (London) .. 15,748 Shares in Combined Distributors, Ltd. .. 135 Honey Pool Account .. .. .. .. .. 492 Stock in trade .. .. .. .. .. .. 273,144 Honey Seals Account .. .. .. .. 17,015 Stocks of consumable stores .. .. .. .. 88,881 Butter Equalization Account .. .. .. 664,296 Debtors .. .. .. .. .. .. 2,066,548 Egg Pool Accounts .. .. .. 4,132 Cash in hand and at bank .. .. .. .. 724,517 Uneconomic Orchards Account .. .. 37,283 Payments in advance .. .. .. .. .. 3,083 Apple and Pear Pool Account .. .. .. .. 6,479 Losses in Suspense .. .. .. .. .. 5 Provision for taxation .. .. .. .. 45,500 Profit and Loss Appropriation Account .. .. .. 24,759 Reserve for writings off .. .. .. .. .. 5 £3,534,105 £3,534,105 R. P. Fraser, Director. G. 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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