8.—13

6

Statement of Management Expenses Account for the Year ended 31st March, 1904. Dr. £ s. d. | Cb. £ s. d. To Audit Department .. .. 200 00j By Consent fees .. .. .. .. 20 5 6 Post Office services .. .. .. 800 0 0 Insurance premiums refunded.. .. 12 19 3 Printing and stationery .. 137 1 9 Mortgage forms .. .. .. 151 0 0 Salaries .. :.• .. 3,744 5 3 Production fees .. .. .. 217 6 3 Sundries .. .. .. .. 47 211 Release fees .. .. .. 208 3 6 Telegrams .. 10 7 6 Valuation fees .. .. .. 1,937 11 8 Valuation Department services .. 2,500 0 0i Balance of management expenses transferred to Profit and Loss Account .. 4,891 11 3 £7,438 17 5 £7,438 17 5

Statement of Interest Account for the Year ended 31st March, 1904. Dr. £ s. .d. £ s. d. Cb. £ s. d. To Interest paid on loans .. .. 100,366 13 10 By Interest received on mortgages .. 120,731 9 0 Interest paid on deposits .. 101 18 10 Interest received on temporary investLess accrued interest at 31st ments, etc. .. .. .. 8,139 10 0 March, 1903 .. .. 49 14 1 52 4 9 " 128,870 19 0 Interest on deposits accrued at 31st Less interest overdue and accrued at March, 1904 .. .. .. 32 12 6 31st March, 1903 .. .. 33,217 5 2 Interest refunded .. .. 4 16 Balance of interest transferred to Profit 95,653 13 10 and Loss Account .. .. 31,452 3 9 Interest receivable — overdue at 31st March, 1904 .. .. £6,502 1 5 Interest receivable —accrued at 31st March, 1904 .. .. 29,752 1 1 36,254 2 6 £131,907 16 4 £131,907 16 4 Statement of the Receipts and Expenditure for the Year ended 31st March, 1904. Db. Receipts. £ s. d. ■ Cb. Expenditure. £ s. d. To Cash in hand and in bank at 31st By Advances on mortgage .. .. 463,815 0 0 March, 1903 .. .. .. 33,007 8 1 ' Assurance Fund investment with 23,506 13 7 Bills receivable ... .. .. 100 0 0 Public Trustee Consent fees .. .. .. 20 5 6 j Audit Department.. .. .. 200 0 0 Insurance premiums refunded .. 658 17 6 Insurance premiums paid .. .. 645 18 3 Interest on Assurance Fund, Public Interest on deposits .. .. 101 18 10 Trustee ... 2,391 17 8 Interest on loans .. .. .. 100,366 13 10 Interest on Bank of New Zealand Interest refunded .. .. .. 4 16 current account .. ... 517 8 9 Loan oharges .. .. .. 20,584 19 7 Interest on loans recalled .. .. 317 8 Post Office .. .. .. 800 0 0 Interest on mortgages .. .. 120,731 9 0 Printing and stationery .. .. 137 1 9 Interest on Sinking Fund, Public Release fees, &c, refunded .. .. 6 12 0 Trustee .. .. .. 4,666 10 11 Salaries .. .. .. .. 3,810 18 7 Interest on temporary investments .. 559 15 0 Sinking Fund investment with Public Loans Account .. .. .. 250,000 0 0 Trustee .. .. .. 258,305 311 Mortgages and instalments repaid .. 258,305 3 11 Sundries .. .. .. .. 295 14 10 Mortgage forms .. .. .. 151 0 0 Suspense Account.. .. .. 14,296 14 8 Production fees .. .. .. 217 6 3 Telegrams .. .. .. 10 7 6 Publio Trustee, refunds .. 225,652 7 0 Temporary investments .. .. 9,393 15 7 Release fees .. .. .. 214 15 6 Valuation Department services .. 2,500 0 0 Sundries .. .. .« 248 11 11 Valuation fees refunded .. .. 225 16 0 Refund of salary .. .. .. 66 13 4 Cash in hand and in bank at 31st Suspense Account.. .. .. 14,308 19 8 March, 1904 .. .. .. 14,978 411 Valuation fees .. .. .. 2,163 7 8 £913,985 18 4 £913,985 15 4 John McGowan, Superintendent. Government Advances to Settlers Office, P. Heyes, f.s.a a. Eng., Accountant. Wellington, 31st May, 1904.

Apwoximate Cost of Paper.— Preparation, not given; printing (1,675 copies), £6 2b. 6<3.

Authority: John Mackay, Government Printer, Wellington.—l9o4.

Price 6d.]