B.—l [Pt. IV].

RESERVE FUND ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1936. Expenditure. £ s. d. Income. £ s. d. Excess of income over expenditure .. .. 18,035 17 9 Interest on investments .. .. .. 14,771 10 4 Interest on loans (section 38 (a), Hawke's Bay Earthquake Act, 1931) .. .. .. 3,264 7 5 £18,035 17 9 £18,035 17 9 Balance-sheet as at 31st March, 1936. Liabilities. £ s. d. Assets. Capital, Ist April, 1935 .. .. .. 1,252,394 311 Investment Account — £ s. d. Less Nominal Value. Loss on realization of 2-per- £ s. d. , s ; ~ ~. ~, . T F cent. Imperial Treasury 284,840 14 0 British Conversion Loan 1944-64 290,893 11 5 k on( j g 253 15 3 31,551 9 0 Imperial War Loan stock .. 33,760 2 7 Administration expenses (sec- ~ ~ tion 39, Hawke's Bay Earth- 316 ' 392 3 0 324 > 653 14 0 quake Act, 1931).. 10 16 9 • . Grants under section 38 («.), Interest accrued on investments .. .. 5,946 15 6 Hawke's Bay Earthquake Loans under Hawkes Bay EarthAct, 1931 .. .. 238 10 2 quake Act, 1931— £ s. d. 5Q3 22 Section 38 (a) (private mdividuals).. .. .. 656,088 8 4 1,251,891 1 9 Section 38 (b) (local authoriExcess of income over expenditure for year ties) •• •• *• 242,918 12 1 ended 31st March, 1936 .8,035 17 9 ~ 19 ° * Interest postponed .. .. .. 2,402 6 11 Sundry debtors .. .. .. • ■ 386 15 3 Treasury Adjustment Account .. .. 6,776 15 5 Cash in Public Account .. .. .. 27,843 12 1 £1,269,926 19 6 £1,269,926 19 6 B. C. Ashwin, 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.

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