8.—13

6

Statement of Interest Account for the Year ended 31st March, 1917. Dn. £ s. d. £ s. d. On. £ s. d. £ s. d. To Interest paid on loans .. 98,53119 7 By Interest on mortgages ..117,337 1 8 Less interest acorued at Loss interest overdue and 31st Maroh, 1916 .. 20,292 8 4 accrued at 31st March, 78,239 11 3 1916 .. .. 42,491 5 1 Interest paid on amounts temporarily 74,845 16 2 transferred from Settlers Branoh .. 7,584 12 11 Interest on mortgagesInterest payable on loans, acorued but Overdue at 31st notdue .. .. .. .. 20,304 14 10 March, 1917 .. 12,206 16 6 Balance — gross profits transferred to Accrued but not due at Profit and Loss Account .. .. 11,612 15 9 31st March, 1917 .. 30,689 2 1 42,895 18 7 £117,741 14 9 £117,741 14 9 Statement of Management Expenses Account for the Year ended 31st March, 1917. De. £ s. d. Cb. £ s. d. Audit Office services .. .. .. 150 0 0 By Production fees .. .. .. 219 6 Postages and telegrams .. .. 149 15 0 Releaso fees .. .. .. 36 15 0 Post Office services .. .. .. 400 0 0 Sundries .. .. .. .. 1 18 3 Printing and stationery .. .. 200 0 0 Balanoe transferred to Profit and Loss Salaries .. .. .. •• 1,994 0 0 Account .. .. .. .. 3,114 8 7 Sundries .. .. .. .. 12 6 4 Valuation Department—agency work .. 250 0 0 £3,156 1 4 £3,156 1 4 G. F. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 2nd July, 1917. Examined and found correct.-—Robert J. Collins, Controller and Auditor-General.

PUBLIC DEBT SINKING FUNDS BRANCH. Statement of Liabilities and Assets as at 31st March, 1917. Liabilities. £ s. d. ] Assets. £ s. d. Amount reoeived from Treasury .. 948,375 0 0 Investment Acoount, less £ s. d. Suspense Account .. .. .. 127 3 2 total repayments .. 167,278 9 8 Profit and Loss Account .. .. 101,474 4 1 Plus mortgage instalments overdue- —prinoipal .. 267 18 4 Total prinoipal owing on mortgages advanced to settlers .. —— 167,546 8 0 ■ Investment Aocount, less total repayments .. 458,822 14 0 Plus mortgage instalments overdue-principal .. 198 7 11 Total prinoipal owing on mortgages advanced to looal authorities .. 459,021 1 11 Interest on mortgages— Settlers—Overdue at 31st March, 1917 .. .. 838 17 6 Settlers —Accrued but not due at 31st Maroh. 1917 1,725 19 4 Local Authorities—Overdue at 31st March, 1917 763 13 6 Local Authorities — Aocrued but not due at 31st Maroh, 1917 .. 5,352 9 9 8,681 0 1 Temporary advances to Settlers Branch .. 392,000 0 0 Insurance Promiums Account .. ~ 2 0 11 Cash in hand and in bank at 31st March, 1917 .. .. .. .. 22,725 16 4 £1,049,976 7 3 £1,019,976 7 3