8.—13.

4

BALANCE-SHEET. ADVANCES TO SETTLERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1917. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 9,295,942 10 2 Investment Account, less total repayTemporary advances from Public Debt ments .. .. .. .. 7,718,035 SlO Sinking Fund Branch .. .. 892,000 0 0 Plus mortgage instalments overdue — Temporary advances from Advances principal.. .. .. .. 12,088 1 10 Office Sinking Fund Acoount .. 155,000 0 0 Advances Suspense Aocount .. .. 10,970 6 9 Total principal owing by mortgagors Fire Loss Suspense Account .. .. 69119 0 at 31st March, 1917 .. .. 7,755,123 7 8 Suspense Account .. .. .. 2,837 7 5 Mortgage instalments overdue—interest 30,158 5 1 Reserve Fund .. .. .. 50,000 0 0 Interest on mortgages, accrued but not Interest payable on loans, accrued but due .. .. .. .. 85,538 2 6 not due .. .. .. .. 48,354 5 4 Temporary advances to Workers Branch 250,000 0 0 Interest payable on deposits, accrued Temporary advances to Local Authobutnotdue .. .. .. 713 7 rities Branch .. .. .. 50,000 0 0 Profit and Loss Account .. .. 384,407 12 1 Temporary investments .. .. 1,246,405 4 2 Interest on temporary investments, accrued but not due .. .. 24,754 16 7 Loan Charges Aocount .. .. 32,469 8 7 Insurance Premiums Aocount .. 438 5 5 Office Furniture and Equipment Account 1,283 2 0 Sinking Funds— £ s. d. Public Trustee .. 302,904 13 9 Advances Office Sinking Fund Acoount 401,135 13 3 Public Debt Sinking Fund Branch .. 3,947 10 0 707,987 17 0 Gash in hand and in bank at 31st Maroh, 1917 .. .. .. .. 156,053 5 4 £10,340,211 14 4 £10,340,211 14 4 . ~~ =: Statement of Pkopit and Loss Account for the Year ended 31st March, 1917. Db. £ a. d. Ob. £ s. d. To Management Expenses Aocount .. 10,275 12 1 By Interest Account—gross profits .. 51,383 6 1 Losses on realization of securities, and doubtful securities written down .. 391 4 10 Balance —net profits for the year ended 31st March, 1917.. .. .. 40,716 9 2 £51,383 6 1 £51,383 6 1 £ s. d. £ s. d. Office Furniture and Equipment Ac- Balanoe as at 31st March, 1916 .. 344,551 6 9 count written down .. .. 142 11 4 Net profits for the year .. .. 40,716 9 2 Fees paid to Valuation Office on applications not proceeded with on account of the war .. .. .. 717 12 6 Balance—net profits carried forward.. 384,407 12 1 £385,267 15 11 £385,267 15 11 Statement of Inteeest Account for the Year ended 31st March, 1917. Db. £ s. d. £ s. d. Ob. £ s. d. £ s. d. To Interest paid on loans.. 347,190 0 1 By Interest received on Less accrued interest at mortgages .. 360,326 3 2 31st March, 1916 .. 48,354 5 4 Less overdue and 298,835 14 9 a'corued at 31st Interest payable on Maroh, 1916 .. 127,396 14 10 loans, accrued but 232,929 8 4 not due at 31st Interest on bank balances .. .. 574 1 6 March, 1917 .. .. 48,354 5 4 Interest on temporary advances to Interest paid on deposits 17 9 2 other branches .. .. 9,065 3 9 Less accrued interest at Interest on temporary £ s. d. 31st Maroh, 1916 .. 8 5 0 investments .. 38,520 111 9 4 2 Less accrued interest Interest payablo on deposits accrued at at 31st Maroh, 1916 8,568 9 7 31st March, 1917 .. .. 7 13 7 29,95112 4 Interest paid on amounts temporarily Interest on temporary investments transferred from other branohes .. 14,381 6 2 aocrued at 31st March, 1917 .. 24,754 16 7 Balance—gross profits transferred to Interest on mortgages— Profit and Loss Account .. .. 51,383 6 1 Overdue at 31st £ s. d. March, 1917 .. 30,158 5 1 Accrued but not due at 31st March, 1917 .. .. 85,538 2 6 115,696 7 7 £412,971 10 1 £412,971 10 1