B.—l |TT. IV

STATE ADVANCES OFFICE —continued. PUBLIC DEBT SINKING FUND BRANCH. Statement of Liabilities and Assets as at 31st Maeoh, 1935. T . | Assets. Sinking Fund created under the provisions of £ s. d. Investment Account— £ s. d. the Public Debt Extinction Act, 1910 ■■ 3,258,955 19 4 Advances not due- 1>000)80fl 10 10 Weekly rental and instalment collections held Workers •• 50,749 5 2 JgSfSSST :: :: ,:: .:« »» •• , i-u™« a Debt Act, 1925— £ a. d overaue g In hand at 31st March, 1935 38,026 0 9 Workers .. I^2Bo 10 7 S5:: :: ftffi 17 > 5 i(r4|r 7 4 •• «o on 105,415 7 4 , n ' Principal owing by mortgagors and local bodies .. • • • • • • 2,343,992 19 2 Temporary advances to Settlers Branch .. 150,000 0 0 Sundry debtors .. • • • • • • Half-yearly instalments postponed— £ s - '' ■ Interest .. • • • • 560 13 4 Principal . ■ • • 234 12 0 795 5 4 Interest overdue on loans to — Settlers .. •• •• 32,670 7 6 Workers .. .. • • 822 1 1 Local bodies .. .. 8,543 8 7 42(085 17 2 Interest accrued on loans to — < Settlers .. •• •• 12,729 15 7 Workers .. • • • • 645 10 7 Local bodies .. .. 11,978 * * 0 5 Realization Suspense Account .. iLi'l™ J 8 Cash in hand and in bank at 31st March, 1935.. 806,690 13 10 £3,370,111 0 2 £3,370,111 0 2 Interest Account for the Yeae ended 31st March, 1935. Or. ■ i r'nnanliHntpd £ s. d. By Interest on loans to — £ s. d. £ s. d. To Interest on investments due to Consoliaatea is. y «uhi pt .„ .. 51,666 9 6 Fund in accordance with section 12 (a), ~ «04. 4 2 ii-sn :: :: AS I . ■ " S>S '5 I — ■"»" 1 Accrued at 31st March, 1935 .. •• at 31st March, 1934 . . 76,016 16 4 200,005 18 3 49 ' 3 ®2 0 9 i j n „ nvnai a Okf March Interest on bank balances .. .. •• ot o o Less overdue and accrued at 31st Mai eh, temporary advanoesJ to Sett l ers 1934 •• •• •• •• ' Branch •• •• •• 4,576 13 4 Interest on temporary investments .. 2,316 15 9 Conversion premiums (local bodies) ■ • 303 16 2 Interest on outstanding payments .. .. 6 3 8 Interest overdue at 31st March, 1935, on loans to — £ s. d. Settlers .. *. ■ 32,670 7 6 Workers •. • • 822 1 1 Local bodies .. .. 8,543 g Interest accrued at 31st March, 1935, on loans to — Settlers ... •• 12,729 15 7 Workers .. • • 645 10 7 Local bodies .. .. 11,978 3 3 q _ £123,989 1 11 £123,989 1 11 G. E. Miller, Superintendent. E. Robertson, Accountant. T hereby certify that the Balance-sheet and accompanying accounts have been diily examined and compared with the boofe and documents submitted for audit, and correctly state the posxfaon as disclosed thereby.J. H. Fowler, Deputy Controller and Auditor-General. THE LIBRARY UNIVERSITY OF CANTERBUtS" CHRISTCHURCH. N:*' "*

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