B—l [PT. IV]

Balance-sheet as at 31st March, 1947 Liabilities £ Assets £ Creditors .. .. .. .. .. .. 25,962 Cash in bank .. .. .. .. .. .. 112,111 Appropriation Account .. .. .. .. .. 2,316,810 Debtors and prepayments .. .. .. .. 89,591 Works in progress, stock of technical equipment, disks, and needles .. .. .. .. .. .. 84,205 Newsprint stocks .. .. .. .. .. 6,525 Unplayed episodes of features .. .. .. .. 15,794 Investments in New Zealand Government securities .. .. 1,830,000 Land and buildings .. .. .. .. .. 154,189 Machinery and plant .. ~ .. .. .. 22,162 Office and studio equipment .. .. .. .. 27,210 " B " station purchases .. .. .. .. .. 985 £2,342,772 £2,342,772 James Shelley, Director of Broadcasting. W. J. Crowther, Accountant. I hereby certify that the Income and Expenditure 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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