7

8.—13

Statement of Management Expenses Account for the Year ended 31st March, 1914. Dβ. £ s. d. Cβ. £ s. d. To Advertising .. .. .. .. 5 10 0 By Consent fees.. .. .. .. 0 10 0 Audit Office services .. .. .. 150 0 0 Production fees .. .. .. 85 4 6 Commission on money collected .. 5 13 1 Release fees .. .. .. .. 25 15 0 Court oosts .. .. .. .. 0 13 0 Sundries .. .. .. .. 3 3 4 Inspection feea .. .. .. 22 17 6 Balance transferred to Profit and Loss Instalment unrecoverable and costs in- Acoount .. .. .. .. 2,443 10 11 curred—Department v. Colpus .. 21 18 8 Post Office servioes .. .. .. 340 0 0 Postages and telegrams .. .. 97 9 9 Printing and stationery .. .. 100 0 0 Salaries .. .. .. .. 1,557 0 0 Solicitor's costs .. .. .. 7 19 Valuation Department—agency work .. 250 0 0 £2,558 3 9 £2,558 3 9 G. P. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 23rd June, 1914. Examined and found correct.—Bobebt J. Collins, Controller and Auditor-General.

PUBLIC DEBT SINKING FUND BEANCH. Statement of Liabilities and Assets as at 31st March, 1914. Liabilities. £ s. d. Assets. £ s. d. Amount received from Treasury .. 445,800 0 0 Investment Account — less Advances Suspense Account .. .. 125 0 0 total repayments of prin- £ s. d. Suspense Account .. .. .. 16 1 0 cipal .. .. .. 138,036 310 Profit and Loss Account .. .. 18,499 4 7 Plus mortgage instalments overdue'—prinoipal .. 135 3 7 Total principal owing on mortgages advanoed to " Settlers" .. 138,171 7 5 Investment Aocounfc — less total repayments of principal .. .. .. 117,012 3 11 Plus mortgage instalments overdue—prinoipal .. 1 19 0 Total principal owing on mortgages advanced to " Local Authorities" .. .. 117,014 2 11 Mortgage instalments overdue —interest .. 500 17 9 Interest on mortgages, accrued but not due 2,824 7 4 Temporary advances to Settlers Branch.. 45,000 0 0 Cash in hand and in bank at 31st March, 1914 .. .. .. .. 160,929 10 2 £464,440 5 7 £464,440 5 7

Statement of Pkofit and Loss Account for the Year ended 31st March, 1914. Dβ. £ s. d. Oβ. £ s. d. To Balance—net profits for the year .. 11,447 16 8 By Interest Aooount .. .. .. 11,410 3 7 Management Account—sundry fees reoeived .. .. .. .. 37 13 1 £11,447 16 8 £11,447 16 8 £ s. d. £ s. d. Balance—net profits carried forward .. 18,499 4 7 Balance at 31st March, 1913 .. .. 7,051 711 Net profits for the year .. .. 11,447 16 8 £18,499 4 7 £18,499 4 7