B.—l [Pt. IV].

STATE ADVANCES OFFlCE— continued. repatriation. Statement of Liabilities and Assets as at 31st Maech, 1931. Liabilities. Assets. Liability to Redemption Account as at Ist April, £ s. d. Investment Account —Principal £ s. d. £ a. d. 1925 .. .. .. .. 1,290,182 2 1 owing on bills of sale .. 227,454 0 0 Less repayments to 31st March, 1931 .. 168,246 010 Less suspense adjustments .. 152 12 4 227,301 7 8 1,121,936 1 3 Interest on bills of sale, overdue .. .. 5,258 0 1 Less expenditure irrecoverable £ s. d. Cash in hand and in bank at 31st March, 1931 .. 594 210 to 31st March, 1930 .. 879,972 16 0 Losses on realization for the year ended 31st March, 1931 12,403 0 9 Management Expenses Account for the year ended 31st March, 1931 .. 2,258 16 10 894,634 13 7 j Liability to Redemption Account as at 31st March, 1931 .. .. .. .. 227,301 7 8 Sundry creditors, Treasury— £ s. d. Interest .. .. .. 187 15 11 Principal .. .. 352 17 10 540 13 9 Suspense Account .. .. .. .. 53 9 1 Interest on advances from War Expenses Account, overdue .. .. .. 5,258 0 1 £233,153 10 7 ! £233,153 10 7 Interest Account foe the Year ended 31st March, 1931. Dr. £ s. d. Cr. £ s. d. £ s. d To Interest paid to Treasury .. .. .. 1,436 5 6 '• By Interest on bills of sale.. .. 1,874 7 10 Interest in hand due to Treasury at 31st March, Interest on bills of sale, overdue 1931 .. .. .. .. .. 187 15 11 at 31st March, 1931 .. 5,258 0 1 Interest due to Treasury, overdue at 31st March, 1931 .. .. .. .. .. 5,258 0 1 7,132 711 Less overdue at 31et March, 1930 5,847 5 7 6,882 1 6 —— Less interest due to Treasury, overdue at 1,285 2 4 31st March, 1930 .. .. .. 5,847 5 7 Less realizations—lnterest .. 324 4 7 960 17 9 Interest on bank balances .. .. 73 18 2 £1,034 15 11 £1,034 15 11 Management Expenses Account for the Year ended 31st March, 1931. Dr. £ s. d. Cr. £ s. d. To Audit Office services .. .. .. 60 0 0 By Sundry fees .. .. .. .. 615 10 Cleaning and messenger services .. .. 50 0 0 Balance recouped in accordance with section Commission .. .. .. .. 6 6 0 13 (3), State Advances Amendment Act, 1922 2,258 16 10 Postages and telegrams ... .. .. 175 0 0 Post Office services .. .. .. .. 230 0 0 Printing and stationery .. .. .. 25 0 0 Rent .. .. .. .. 170 0 0 Salaries .. .. .. .. .. 1,430 0 0 Solicitors' costs .. .. .. .. 64 16 8 Training-expenses . . .. .. .. 34 10 0 Travelling-expenses .. ' .. 20 0 0 £2,265 12 8 £2,265 12 8 E. O. Hales, Superintendent. R. Robertson, Accountant. I here by certify that the balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. — G. F. C. Campbell, Controller and Auditor-General.

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