B—l [Pt. TV]

POST AND TELEGRAPH DEPARTMENT— continued General Balance-sheet Liabilities Assets £ Sundry creditors— £ £ Capital Account balance .. .. .. .. 2,571,001 Money-order payees for unpaid money-orders.. 150,291 Stock at stores, &c., and in transit, at stock-list prices, less Other Administrations, on money-order, oncost .. .. .. .. .. .. 2,751,472 postal, and cable accounts .. .. 16,984 Investment in Government stocks on account Postal-note payees for unpaid postal notes .. 112,238 of— £ National Savings coupons sold and unredeemed 12,706 Post Office Investment Certificates .. 137,650 Liability for material purchased by Treasury .. 1,789,386 National Savings deposits and bonds .. 34,927,000 Other Government Departments .. .. 5,808,552 Post Office investments under section 100 of Sundry other creditors .. .. .. 2,441,836 Post and Telegraph Act, 1928 .. .. 8,184,700 _ 10,331,993 43,249,350 War Loan Certificate Account .. .. .. .. 3,415 Sundry debtors— Post Office Investment Certificate Account .. .. 130,797 Other Administrations on money-order National Savings Fund Account .. .. .. 23,574,472 account .. .. .. .. 71,582 National Savings Bond Fund Account .. .. .. 12,100,567 Sundry other debtors .. .. .. 690,285 Reserve for depreciation and obsolescence .. .. 7,471,927 761,867 Eire Insurance Reserve .. .. .. .. 300,000 Postmasters' balances and cash in bank .. 12,273,131 Reserve for accumulated leave of servicemen .. .. 97,000 Less Savings-bank funds held in balance .. 376,679 Reserve to meet estimated liability to holders of holiday-pay 11,896, 452 cards .. .. .. .. .. .. 75,000 Interest accrued on investments .. .. .. 421,346 Foreign Mail Settlement Reserve .. .. .. 91,085 Bulk stock of stamps and other documents of value held in Reserve for monetary liquidation of deferred leave of officers Head Office .. .. .. .. .. 47,618,666 other than servicemen .. .. .. .. 15,000 Assets written off Suspense Account .. .. 8,595 Earthquake and War Damage Reserve .. .. .. 748, 627 Assets written off Reserve .. .. .. .. 8,595 Postmasters : For advances to Postmasters of stamps, postal notes, British postal orders, and other documents of value 5,010,851 Stamps and other documents of value held in Head Office and in transit .. .. .. .. .. 47,718,345 Profit and Loss Appropriation Account .. .. 1,601,075 £109,278,749 £109,278,749 J. J. Knight, A.R.A.N.Z., Director of Accounts. C. 0. Coad, Deputy Director- General, Post and Telegraph Department. I hereby certify that the Profit and Loss 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— J. P. Rutherford, Controller and Auditor-General.

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