B.—l [PT. IV], SUP. TO 1932.

RESERVE FUND ACCOUNT. Income and Expenditure Account foe the Year ended 31st March, 1932. Expenditure. £ s. d. Income. £ s - d. To Excess of income over expenditure .. .. 80,123 8 0 By Interest on investments .. •' , Interest on loans (section 38 (a), Hawke s Bay Earthquake Act, 1931) .. •• •• 155 7 9 £80,123 8 0 £80,123 8 0 Balance-sheet as at 31st March, 1932. Liabilities. Si s. d. Assets. Capital, Ist April, 1931 .. .. ..2,000,000 0 0 Investment Account— £ ess Nominal Value. Transfer to Consolidated £ s. d. £ s. d. Fund .. ..550,000 0 0 284,840 14 0 British Conversion Loan, £ s : f' T i • r • 1044—64 • • • ■ 2o4:,zyj I lu Loss on realization oi securi- _ , , , , 9« anu 11 u ties _ .. 157,913 11 8 38,171 8 4 India 3J-per-cent. stock .. 36,808 11 11 Administration expenses ~ 7 , Q Q (section 39, Hawke's Bay 323,012 2 4 *V'i<u O 4 Earthquake Act, 1931) .. 3,032 210 Interest accrued on investments .. .. b,ib4 O 4 Grants to earthquake Hawke's Bay Earthquake Act, 1931 . sufferers (section 38 (a), Loans to earthquake sufferers, section3B (a) .. 118,103 1 4 Hawke's Bay Earthquake Deposits with Public Trustee, section 38 .. ,» Act 1931) .. .. 9,449 16 4 Loans to local authorities, section 38 (6) .. iAs,yuu u v !— 720,395 10 10 Interest accrued on loans .. .. • • 155 7 9 Debtors.. .. • • • • • • 54 2 6 1,279,604 9 2 Cash in State Advances Account .. .. 426 14 6 Excess of income over expenditure for the year Cash in Public Account .. .. .. 701,628 7 6 ended 31st March, 1932 .. .. .. 80,123 8 0 Treasury Adjustment Account .. 80,398 J £1,359,727 17 2 £1,359,727 17 2 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.—G. F. C. Campbell, Controller and Auditor-General.

112