B—l [Pt. IV]

Balance-sheet for the New Zealand Post Office Savings-bank as at 31st March, 1947 Liabilities £ Assets £ Balance at credit of depositors'accounts .. .. 155,067,559 Cash on hand and at bank .. .. .. .. 598,279 Letters of credit and other liabilities .. .. .. 83,340 Investments .. .. .. .. .. 156,202,892 Liability to Treasury for investments held on account of j Interest accrued on investments .. .. .. 878,691 war-gratuity accounts .. .. .. .. 324,487 j Sundry debtors .. .. .. .. .. 11,544 Reserve Fund .. .. .. .. .. 1,974,159 Amount due from Treasury for 5 per cent, bonus credited Profit and Loss Appropriation Account .. .. .. 866,488 to war-gratuity accounts .. .. .. .. 624,298 Stock of home safes .. .. .. .. .. 329 £158,316,033 £158,316,033 P. N. Cryer, Director-General, Post and Telegraph Department. J. J. Knight, A.R.A.N.Z., Director of Accounts. 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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