B.—l [PT. IY, Sup.] .

PUBLIC TRUST OFFICE. Balance-sheet op the Publics Trust Office as at 31st March, 1925. Liabilities. Assets. £ s. d. £ a. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold preFund for sundry estates mises, sites, and balance and funds .. .. 10,573,026 19 3 purchase-money of preAmounts held for special mises sold .. .. .. 393,058 6 1 investment on behalf of Furniture and plant, &c. .. .. 34,287 15 2 certain funds, but not Stationery and stores, &c. .. 5,628 9 3 yet invested .. .. 74,339 15 0 Stocks, bonds, debentures — Amount specially invested Government securities .. 955,415 8 10 on behalf of certain Land Settlement Finance estates and funds .. 3,462,455 6 5 Act debentures .. 43,200 0 0 -20,109,822 0 8. Local bodies'debentures 4,827,646 13 3 Sundry creditors, including 5,826,262 2 1 accounts passed for pay- Mortgages .. .. 10,158,320 19 11 ment but not yet paid .. .. 125,621 8 11 Less reserve .. .. 54,917 0 0 Reserve for income-tax .. 19,659 15 10 —— 10,103,403 19 11 Reserve in respect of enemy- Advances for protection of property moneys .. 68,253 11 4 of securities acquired or Special reserve for securities 15,000 0 0 in possession .. .. .. 6,828 18 0 General Legal Expenses Properties acquired .. 45,598 17 2 Account .. .. 9,889 11 6 Less reserve .. .. 9,358 0 0 Investment Fluctuation Ac- 36,240 17 2 count .. .. 88,763 19 2 Advances (on overdraft) to 201,566 17 10 estates and accounts .. .. 318,426 2 5 Assurance and Reserve Interest and rent accrued, Fund .. .. .. 427,346 1 3 due and overdue — Interest accrued up to 31st March, 1925, but not yet due, and in- • terest overdue .. 282,467 9 0 Rent due or accrued .. 692 8 4 —- 283,059 17 4 Sundry debtors, including transactions in process of adjustment between Head Office and District Offices and Head Office and London .. .. .. 109,894 120 Cash in hand, on current account, and on deposit in New Zealand and in London .. .. .. 284,810 2 10 Special investments held on behalf of certain estates and funds— Government securities .. 188,509 18 0 Local bodies'debentures 919,379 10 0 Private shares and debentures .. .. 10,877 1 6 Mortgages .. .. 2,334,991 1 9 Savings-bank accounts .. 174 7 0 Overdue interest on investments .. .. 8,523 8 2 3,462,455 6 5 £20,864,356 8 8 £20,864,356 8 8 J. W. Macdonald, Public Trustee. W. Barr, Chief Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.

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