B.—l [Pt. IV].

MINES DEPARTMENT— continued. MINING ADVANCES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1931. Expenditure. £ s. d. Income. € s. d. To Interest on loan capita] .. .. .. 1,884 11 0 By Interest on advances .. .. .. 998 4 8 Exchange on capita] remitted to London for Interest on investments .. .. .. 115 4 1 investment .. .. .. .. 59 11 6 , Balance—Net loss.. .. .. .. 11,62!) 2 7 Reserve for losses in past years .. .. 10,798 810 I £12,742 11 4 £12,742 11 4 Balance-sheet as at 31st March, 1931. Liabilities. Assets. £ s. d. Loan capital —Securities at— £ 8. d. £ s. d. Advances .. .. .. .. .. 36,464 3 7 3J percent... .. .. 5,000 0 0 Sundry debtors .. .. .. -- 3,740 10 2 4 per cent. .. .. .. 23,500 0 0 Accrued interest on advances .. .. .. l(il r> :i ■ I. 1 , percent. .. .. .. 14,490 0 0 li in Public Account .. .. .. 362 611 5J per cent. .. .. .. 2,000 0 0 . Losses— E s. d. 44,990 (t 0 Losses in previous years .. 13,928 4 10 Liability to Consolidated Fund .. .. 2 15 Loss, per Income and Expenditure Interest due to Consolidated Fund .. .. 4,538 8 3 Account .. .. .. 11,629 2 7 Accrued interest on loan capital .. .. 695 14 1 25,557 7 5 Sundrv creditors .. .. .. .. 4 0 9 Reserve for losses .. .. .. .. 16,298 810 £66,528 13 4 £66,528 13 4 Note.—Loan capital amounting to £16,893 9s. lias been redeemed from the Consolidated Fund, being amount of capital losses, £16,849 4s. Bd., written off under the 1920, 1924, 11)27. and 1929 Appropriation Acts. £42 2s. Lid. redeemed from the investment in the Public Debi Redemption Fund, leaving a balance of £2 Is. r>d. due to the Consolidated Fund. The amount of interest due to the Consolidated Fund lias been reduced by the sum of £5,897 16k. lid., representing losses of interest due to this account. A. H. Kimbell, Under-Secretary for Mines. A. W. Gyles, A.R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. — J. H. Fowler, Deputy Controller and Auditor-General.

MISCELLANEOUS ADVANCES FROM CONSOLIDATED FUND. Income and Expenditure Account for the Year ended 31st March, 1931. Kxjii iiililure. £ s. d. Income. £ s. d. To Balance .. .. .. .. .. J4,2:54 5 9 By Interest on advances .. .. .. 14,234 5 9 Balance-sheet as at 31st March, 1931. Liabilities. Assets. Capital— £ s. d. Advances — £ s. d. £ s. d. Advances from Consolidated Fund .. .. 009,121 16 6 Bearing interest— Excess of income over expenditure .. .. 14,234 5 i) Westport Harbour Board .. 81,884 16 1 State Forests Account .. 104,250 0 0 Sundry .. .. .. 10,030 4 0 202,165 0 1 Non-interest-bearing — Rural Intermediate Credit Board .. .. 400,600 0 0 Sundry .. .. .. 6,356 16 5 406,9r.6 Iβ 6 Interest*— Due and unpaid on advances .. .. 4,11267 Accrued on advances .. .. .. 106 11 it Treasury Adjustment Account .. .. 10,015 7 5 £623,356 2 3 j £623,356 2 3 • Interest at 4 per cent, on £150,000 advanced to Working Railways Account on 31st March, IU3O, amounting to £3,410 19s. 2d., Is to be written off. G. C. Rodda, F.R.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — J. H. Fowler, Deputy Controller and Auditor-General.

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