CAB129-37 — Page 238

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Page 238D

BALANCE SHEET,

128

CAPITAL LIABILITIES

Advances received from Minister of Food under Section 12 of the Overseas Resources Develop- ment Act, 1948

£

21,350,000

CURRENT LIABILITIES AND PROVISIONS

£

Creditors and Accrued Liabilities Provision for Deferred Repairs to Plant

and Equipment

1,401,922

561,350

1,963,272

£23,313,272

REPORT TO THE OVERSEAS FOOD CORPORATION BY

RESOURCES DEVELOPMENT

'We have examined the above Balance Sheet and annexed the Explanatory Notes relating thereto) which are in agreement We are unable to report that in our opinion proper books of and explanations which, to the best of our knowledge and belief,

(1) for the reasons set out in the Explanatory Notes, proper (2) there have been many instances where documents in Subject to these remarks and reservations and the information Sheet has been properly prepared so as to give as true and fair a information at present available.

14, George Street, London, E.C.4.

September, 1949.

66

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