B.—l [PT. IV].

STATE ADVANCES OFFICE —continued. COLD-STORAGE ADVANCES ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1936. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Investment Account .. .. .. .. 12,141 13 7 Sundry loans .. .. •• 36,500 0 0 Sinking Fund investments .. .. .. 1,383 9 3 Less loan liability redeemed and Interest on mortgages— £ s. d. discharged from Consolidated Overdue .. .. •• 1,228 410 Fund •• 7,500 0 0 Accrued .. .. .. 236 9 2 1,464 14 0 29,000 0 0 Suspense Account .. . . .. .. 33 5 0 Less loan liability redeemed by Profit and Loss Account .. .. .. 14,31118 6 Public Debt Repayment Account .. ■. • • 1,530 0 0 27,470 0 0 Less loan liability repaid .. 8,700 0 0 18,770 0 0 Capital Reduction Account .. • • • • 7,500 0 0 Liability to Consolidated Fund in terms of section 22, Finance Act, 1926 .. . . • . 1,530 0 0 Interest on loans accrued .. .. . • 678 5 9 Reserve for bad debts .. . • • • 61 16 5 Sinking Fund .. .. . • • • 794 18 2 £29,335 0 4 £29,335 0 4 Profit and Loss Account as at 31st March, 1936. Dr. £ s. d. Cr. £ s. d. Management Expenses Account .. .. 51 0 3 Balance : Loss for the year .. .. .. 325 13 10 Balance : Interest Account .. .. .. 274 13 7 £325 13 10 £325 13 10 £ s. d. £ s. d. Balance as at 31 st March, 1935 .. -. 13,986 4 8 Balance .. .. •• •• 14,311 18 6 Loss for the year .. .. •• •■ 325 13 10 £14,311 18 6 £14,311 18 6 Interest Account for the Year ended 31st March, 1936. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. Interest on loans .. • • ■ • 480 14 6 Interest on mortgages .. .. 571 15 10 Less accrued at 31st March, 1935 .. 197 11 3 Interest on mortgages— 283 3 3 Overdue at 31st March, 1936 .. 1,228 4 10 Interest overdue at 31st March, 1936 .. 480 14 6 Accrued at 31st March, 1936 .. 236 9 2 Interest accrued at 31st March, 1936 .. 197 11 3 678 5 9 2,036 9 10 Less overdue and accrued at 31st March, 1935 .. .. 1,399 0 9 637 9 1 Interest on temporary investment .. .. 49 6 4 Balance to Profit and Loss Account .. .. 274 13 7 £961 9 0 | £961 9 0 Management Expenses Account for the Year ended 31st March, 1936. Dr. £ s. d. Cr. £ s. d. Administration expenses .. .. •. • • 46 0 3 Balance transferred to Profit and Loss Account . . 51 0 3 Audit Office services .. ■ • • • • • 5 0 0 £51 0 3 £51 0 3 Geo. G. Rose, Superintendent. F. R. Jamieson, 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.—G. F. C. Campbell, Controller and Auditor-General.

143