8.—13

8

PUBLIC DEBT SINKING FUND BRANCH. Statement of Liabilities and Assets as at 31st March, 1920. Liabilities. £ s. d. Assets. Amount received from Treasury .. 1,386,790 0 0 Investment Account, less £ s. d. £ s. d. Suspense Account .. .. .. 50 14 11 total repayments .. 138,090 13 4 Profit and Loss Aocount .. .. 260,957 7 1 I Plus mortgage instalments overdue —prinoipal .. 196 5 5 Total prinoipal owing on mortgages advanced to settlers .. 138,286 18 9 Investment Aooount, less total repayments .. 812,039 8 5 Plus debenture instalments overdue —principal .. 578 0 6 Total prinoipal owing by local authorities.. 812,617 8 11 Interest on mortgages — Settlers— Overdue at 31st Maroh, 1920 .. .. 451 3 1 Aoorued but not due at 31st Maroh, 1920 .. 1,412 11 7 1,863 14 8 Interest on debentures — Local Authorities — Overdue at 31st Maroh, 1920 .. .. 2,020 10 3 Accrued but not due at 31st Maroh, 1920 .. 9,002 18 11 11,083 9 2 Temporary advances to Sottlers Branoh .. 491,962 0 0 Temporary advances to Local Authorities Branoh .. .. .. .. 155,038 0 0 Insuranoe Premiums Account .. .. 3 4 5 Cash in bank at 31st March, 1920 .. 36,943 6 1 £1,647,798 2 0 j £1,647,798 2 0 Statement of Profit and Loss Account for the Year ended 31st March, 1920. Dr. £ s. d. Cr. £ s. d. To Insurance premium unrecoverable .. 112 6 By Interest Account .. .. .. 61,545 6 5 Balance—net profits for the year .. 61,553 12 10 Management Acoount—sundry fees .. 918 11 £61,555 5 4 £61,555 5 4 £ s. d. £ s. d. Balance—net profits carried forward.. 260,957 7 1 Balance as at 31st March, 1919 ..199,403 14 3 Net profits for the year .. ..61,553 12 10 £260,957 7 1 £260,957 7 1 Statement of Interest Account for the Year ended 31st March, 1920. Dr. £ s. d. Cr. £ s. d. £ s. d. To Balance transferred to Profit and Loss By Interest on mortgages— Account .. .. .. .. 61,545 6 5 Settlers .. .. 7,026 5 7 Less interest overdue and accrued at 31st March, 1919 .. .. 2,275 9 4 4,750 16 3 Interest on debentures— Local Authorities .. 30,780 18 3 Less interest overdue and aoorued at 31st Maroh, 1919 .. .. 9,142 5 2 21,638 13 1 Interest on bank balances .. .. 9 12 Interest on amounts temporarily transferred to other branoh.es .. .. 22,199 1 3 Interest on mortgages— Settlers— Overdue at 31st £ s. d. Maroh, 1920 .. 451 3 1 Acorued but not due at 31st March, 1920 1,412 11 7 Interest on debentures— Local Authorities— Overdue at 31st March, 1920 .. 2,020 10 3 Accrued but not due at 31st March, 1920 9,062 18 11 12,947 3 10 £61,545 6 5 £61,545 6 5