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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 .. .. ... 53,185 8 5 Settlers .. 21,194 13 5 Less interest overdue and accrued at 31st March, 1919 .. .. 6,560 10 11 14,634 2 6 Interest on debentures— Local authorities .. 4,106 13 8 Less interest overdue and accrued at 31st March, 1919 .. .. 1,353 19 1 2,752 14 7 Interest on bank balances .. .. 913 0 Interest on amounts temporarily transferred to Settlers Branch.. .. 11,178 1 2 Interest on sinking funds hold by Public Trustee .. .. .. 15,579 12 0 Interest on mortgages— Settlers— Overdue at 31st £ s. d. Maroh, 1920 .. 1,944 19 5 Accrued but not due at 31st Maroh, 1920 .. .. 5,453 10 4 7,398 9 9 Interest on debentures— Local authorities — Overdue at 31st March, 1920 .. 342 4 7 Accrued but not duo at 31st March, 1920 .. .. 1,290 10 10 1,632 15 5 £53,185 8 5 £53,185 8 5 Statement of Management Expenses Account for the Year ended 31st March, 1920. Dr. £ s. d. Cr. £ s. d. To Solicitor's oosts .. .. .. 112 0 By Consent fees .. .. .. ..050 Balance transferred to Profit and Loss Release fees .. .. .. 20 10 0 Account .. .. .. .. 24 15 4 Sundries .. .. .. ..5124 £26 7 4 £26 7 4 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.

Approximate Cost of Paper. —Preparation, not given; printing (550 copies), £12 10s.

Authority : Marcus F, Marks, Government Printer, Wellington.—l92o.

Price Bd.]