H—4s

NATIONAL PAY OFFICE FUND— continued Balance-sheet as at 31st March, 1946 Liabilities £ £ Assets £ £ £ Unclaimed— , Cash— Holiday pay .. .. .. .. .. 2,534 At Bank of New Zealand— Profit distributions .. .. .. .. 2,064 Head Office accounts .. .. .. 16,495 Wages .. .. .. .. .. 9,411 Imprest accounts .. .. .. 11,560 14,009 28,055 Creditors .. .. .. .. .. .. 1,191 In hand— Reserve: guaranteed wage as per Balance-sheet, 31st March, 1945 25,000 Wages .. .. .. .. 688 Accumulated funds— £ Petty cash .. .. .. ... 68 As per Balance-sheet, 31st March, 1945 .. .. 9,780 756 Transferred back to Appropriation Account .. 9,692 —— 28,811 — 88 Debtors— Wages: advances .. ~ .. .. 49 Contracts, &c. .. .. .. .. .. 3,498 Branches .. .. .. .. .. 1,024 4,571 Fixed— Motor-cars, as per Balance-sheet, 31st March, 1945 .. .. .. .. .. 1,578 Sales during year .. .. .. 302 Depreciation for year .. .. .. 353 655 923 Office furniture and fittings, as per Balancesheet, 31st March, 1945 .. .. 5,514Purchases during year .. .. .. 1,312 6,826 Sales during year .. .. .. 51 Depreciation for year .. .. .. 792 843 5,983 £40,288 £40,288 A. E. Bockett, Secretary. A. G. Davidson, Accountant. I hereby certify that the Revenue Account and the Balance-sheet relating to the National Pay Office Fund have been duly examined and compared with the books and supporting documents, and correctly state the position as disclosed thereby. The audit of the records of disbursements through the central pay offices was carried out by auditors appointed for the purpose by the Audit Office in terms of Regulation 16 (5) of the Waterfront Control Commission Emergency Regulations 1940.— J. P. Rutherford, Controller and Auditor-General.

74