B.—l [Pt. IVI

PUBLIC TRUST OFFlCE— continued. Balance-sheet as at 31st March, 1931. Liabilities. Assets. . ..„ . n £ s. d. £ s. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold preFund for sundry estates m i sea an d s ;t e s .. .. 455 738 16 6 and funds .. ..25,164,532 211 Furniture and plant, &c. .. .. 54,624 0 8 Amounts held for special Stationery and stores, &c. .. 6,364 14 4 investment on behalf of Business Extension Account .. 2,'693 11 7 certain funds, but not yet Stocks, bonds, and debeninvested .. .. 71,050 11 7 tures— Amounts speciaUy invested Government securities .. 2,238,54113 7 on behalf of certain Rural Intermediate Credit estates and funds .. 11,252,85111 8 Board debentures .. 72,050 0 0 36,488,434 6 2 Land Settlement Finance Sundry creditors, including Act debentures .. 38,500 0 0 accounts passed for pay- Local bodies'debentures 7,852,111 9 7 ment but not yet paid .. 112,724 6 5 10 201 203 3 2 Overdraft at Bank of New Mortgages, &c. .. .. 13,979,927 11 10 Zealand .. .. .. 93,489 12 4 Less reserve .. .. 64,593 .19 1 Reserve for land and in- 23 915 333 12 9 come tax .. .. 484 18 0 Advances for protection of Reserve in respect of enemy- securities acquired or in property moneys .. 9,070 7 4 possession, &c. .. .. 33,043 14 6 Special reserve for securities 33,043 14 6 Properties acquired .. 134,447 4 3 General Legal Expenses Less reserve .. .. 14 7 Account .. .. 16,023 1 1 118,365 9 8 Investment Fluctuation Advances (on overdraft) to Account .. .. 100,452 18 0 estates and accounts 656,989 8 7 159,074 18 11 Lees reserve .. .. 846 18 1 Assurance and Reserve 050 142 10 6 Fund .. .. .. 427,346 1 3 Interest and rent accrued, Profit and Loss Appropria- due, and overdue—tion Account .. .. .. 762 15 10 Interest accrued up to 31st March, 1931, but not yet due, and interest overdue .. 484,899 1 0 Rent due or accrued .. 399 18 7 485,298 19 7 Sundry debtors .. .. .. 15,705 10 3 ~ Cash in hand, on current account, and on deposit I in New Zealand and in London .. .. .. 50,083 14 0 Investments of reserve for mortgages — ■'.".'"'. Mortgages, &e. .. .. 34,382 11 9 Special investments held on behalf of certain estates and funds — Government securities .. 2,073,649 9 0 Rural Intermediate Credit Board debentures .. 29,000 0 0 Rural Advances bonds .. 2,011,857 15 0 Land Settlement Finance Act debentures .. 3,500 0 0 Local bodies'debentures 1,871,328 9 1 Private debentures and shares .. .. 29,359 19 5 Mortgages .. .. 5,184,457 1 2 Mortgage securities acquired .. • .. 9,667 12 3 Advances for protection of securities.. .. 4 2 10 Loans .. .. 446 14 11 Savings-banks accounts 577 9 8 Overdue interest on special investments .. 39,002 18 4 11,252,851 11 8 £37,281,832 0 11 £37,281,832 0 11 J. W. Macdonald, Public Trustee. F. Menneee, A.R.A.N.Z., Chief Accountant. I hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — 6. F. C. Campbell, Controller and Auditor-General.

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