8.—13.

FISHING-INDUSTRY PROMOTION ACCOUNT. Statement of Liabilities and Assets as at 31st Maech, 1935. Liabilities. £ s. d. £ s. d. Assets. _ £ s. d. Sundry loans .. •■ 2,521 19 2 Investment Account: Instalments of'principal overLess loan liability redeemed and due .. .. _ .. . "v 75 8 6 discharged from Consolidated Sinking Fund investments held by Public Debt p un d .. .. 1,036 19 2 Redemption Fund .. .. .. .. *59 1 2 Interest on bills of sale overdue.. .. • • 8 18 1,485 0 0 Sundry debtors .'. .. .. .. 19 5 0 Less loan liability redeemed by Profit and Loss Account .. .. .. 252 2 9 Public Debt Repayment Account 1,060 0 0 Cash m hand and m bank at 31st March, 1935 .. 1,094 19 b 425 0 0 Liability to Consolidated Fund in terms of section 22, Finance Act, 1926 .. .. •• •• 1.060 0 0 Interest on loans — Overdue .. .. •• 0 10 0 Accrued .. .. •• 5 10 10 6 0 10 Sinking Fund .. .'. .. •• 17 17 9 _______ £1,508 18 7 £1,508 18 7 * This amount includes the sum of £41 3s. 5d., capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account foe the Yeae ended 31st March, 1935. Dr £ s. d. I Or. £ s. d. To Management Expenses Account .. . • 15 0 0 By Balance: Loss for the year 21 010 Balance: Interest Account .. .. • ■ 6 010 £21 0 10 £21 0 10 £ s. d. £ s. d. To Balance at 31st March, 1934 238 7 2 By Income-tax: Refunded 7 5 3 Loss for the year 21 010 Balance 252 2 9 £259 8 0 £259 8 0 Interest Account for the Year ended 31st March, 1935. Dr £ s. d. £s.d. I Or. £ s. d. £s. d. To Interest on loans .. .. .. 14 17 6 By Interest on bills of sale .. .. 210 0 Less accrued at 31st March, 1934 .. 510 10 Interest on temporary advances to 9 6 8 Settlers Branch .. .. .. 8 16 8 Interest on loans accrued but not due .. • • 510 10 Interest on bills of sale overdue at 31st March, 1935 .. .. .. 8 18 19 8 4 Less interest on bills of sale overdue at 31st March, 1934 .. .. 10 11 8 8 16 8 Balance transferred to Profit and Loss Account .. 6 0 10 £14 17 6 £14 17 6 Management Expenses Account for the Year ended 31st March, 1935. Dr £ s. d. Or. £ s. d. To Administration expenses 10 0 0 By Balance transferred to Profit and Loss Account .. 15 0 0 Audit Office services .. •• ••. ■•• 500 £15 0 0 - £15 0 0 G. E. Miller, Superintendent. State Advances Office, Wellington, 17th June, 1935. R. Robertson, Accountant. I hereby 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.— J. H. Fowler, Deputy Controller and Auditor-General.

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