8.—13

7

Statement of Profit and Loss Account for the Year ended 31st March, 1920. Dr. £ s. d. Cr. £ s. d. To Balanoe —Interest Account .. .. 1,334 15 2 By Balance —loss for the year .. .. 2,059 12 8 Balance—ManagementExpensesAcoount 724 17 6 £2,059 12 8 £2,059 12 8 ~~£ s. d. £ s. d. Balance as at 31st Maroh, 1919 .. ..58,836 17 7 Balanoe .. .. .. ..60,896 10 3 Loss for the year .. .. .. 2,059 12 8 £60,896 10 3 £60,896 10 3 Statement of Interest Account for the Year ended 31st March, 1920. Dr. £ s. d. £ s. d. Gr. £ s. d. & s. d. To Interest paid on loans .. 103,195 12 6 By Interest on debentures — Less accrued interest at Local bodies .. 77,369 4 6 31st March, 1919 .. 36,385 6 7 Section 70 .. .. 1,651 3 3 66,810 5 11 Interest paid on temporary loans .. 6,801 10 4 79,020 7 9 Interest payable on loans, accrued but Less interest overdue and not due at 31st Maroh, 1920 ..36,385 6 7 accrued at 31st March, 1919 .. .. 24,878 14 7 54,14113 2 Interest on temporary investments .. .. 27,512 19 2 Less interest accrued at 31st March, 1919 .. 9,351 3 5 18,161 15 9 Interest on bank balances .. .. 113 0 Interest on temporary investments, aoorued but not due at 31st Maroh, 1920 9,351 3 5 Interest on debentures— Overdue at 31st March, £ s. d. 1920 .. .. 7,995 11 4 Aoorued but not due at 31st March, 1920.. 19,001 1 0 20,996 12 4 Balance transferred to Profit and Loss Aooount .. .. .. .. 1,334 15 2 £109,997 2 10 £109,997 2 10 Statement of Management Expenses Account for the Year ended 31st March, 1920. Dr. £ s. d. : Cr. £ s. d. To Audit Offioe services .. .. .. 50 00j By Sundries .. .. .. .. 02 6 Post Office services .. .. .. 100 0 0 ; Balance transferred to Profit and Loss Postages and telegrams .. .. 150 0 0 Account .. .. .. .. 724 17 6 Printing and stationery .. .. 125 0 0 Salaries .. .. .. 300 0 0 £725 0 0 £725 0 0 Wm. Waddel, Deputy Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 25th June, 1920. Examined and found correct.—Robert J. Collins, Controller and Auditor-General.