9

8.—13

ADVANCES TO LOCAL AUTHORITIES BRANCH. Statement of Liabilities and Assets as at 31st March, 1916. Liabilities. £ s. d. Assets. Sundry loans.. .. .. .. 2,775,529 0 0 Investment Account, less £ s. d. £ s. d. Money received from Treasury in accord- total repayments — ance with section 72, Local Bodies' Local Bodies .. 2,139,120 17 8 Loans Act, 1913 .. .. .. 3,208 8 9 Seotion 70, Local Temporary loans from Settlers Branoh.. 120,000 0 0 Bodies' Loans Act, Interest on loan-moneys, accrued but not 1913 .. .. 41,565 19 7 due .. .. .. .. 36,522 7 2 2,180,680 17 3 Mortgage instalments overduo — prinoipal— Local bodies .. 1,194 2 6 Seotion 70, Looal Bodies' Loans Act, 1913 .. .. 108 3 5 1,302 5 11 Total balanoe of principal owiug on mortgages .. .. .. 2,181,989 8 2 Interest on mortgages — Looal Bodies—Overdue £ s. d. at 31st March, 1916 2,774 16 5 Aocrued but not due at 31st March, 1916 .. 19,146 16 2 Section 70—Overdue at 31st March, 1916 .. 327 6 5 Accrued but not due at 31st Maroh, 1916 .. 403 18 9 22,652 17 9 Loan Charges Account .. .. 39,113 5 0 Temporary investments .. .. 500,000 0 0 Interest accrued on temporary investments .. .. .. .. 2,380 14 1 Sinking Funds— £ s. d. Public Trustee .. 48,461 0 5 Advances Offioe Sinking Fund Aooount .. 63,680 2 3 Public Debt Sinking Funds Branoh .. 2,571 0 0 114,712 2 8 Profit and Loss Aooount .. .. 54,725 18 6 Cash in band and in bank at 31st Maroh, 1916 .. .. .. 19,679 14 9 £2,935,259 15 11 £2,935,259 15 11

Statement of Profit and Loss Account for the Year ended 31st March, 1916. '** De. £ s. d. 08. £ s. tl. To Balance, Interest Account .. .. 8,441 8 8 By Balance—loss for the year .. .. 9,164 111 Balanoe, Management Expenses Account 722 13 3 £9,104 1 11 £9,164 1 11 £ s. d £ s. d. Balance as at 31st Maroh, 1915 .. .. 45,56116 7 Balance .. .. .. .. 54,725 18 6 Losses for tbe year .. .. .. 9,164 1 11 £54,725 18 6 £54,725 18 6 Statement of Interest Account for the Year ended 31st March, 1916. Dr. £ s. d. £ t. d. Ce. £ a. d. £ a. d To Interest paid on loans .. 103,205 12 6 By Interest on mortgages— Less accrued interest at Local bodies .. 77,679 15 10 31st March, 1915 .. 33,234 12 0 Section 70 .. .. 1,483 3 1 69,971 0 6 Interest paid on temporary loans from 79,162 18 11 Settlers Branch .. .. .. 2,405 9 7 Less interest overdue and Accrued interest payable on loans at accrued at 31st March, 31st March, 1916 .. .. .. 36,522 7 2 1915 .. .. 20,611 5 4 58,551 13 7 Interest on bank balances 85 6 6 Interest on temporary investments .. .. 16,780 16 8 . 16,866 3 2 Interest on temporary investments, acorued but not due .. .. 2,386 14 1 Interest on mortgages— Overdue at 31st Maroh, 1916 .. .. 3,102 210 Aocrued but not due at 31st March, 1916.. 19,550 14 11 22,652 17 9 Balanoe transferred to Profit and Doss Account .. .. .. .. 8,441 8 8 £108,898 17 8 £108,898 17 3

2—B. 13.