B,—9A.

PUBLIC TRUST OFFICE. Balance-sheet of the Public Tbust Office as at 31st March, 1936. Liabilities. Assets £ s. d. £ s. d. £ s d Amounts held in Common Freehold and leasehold premises and sites 411 775 0 10 I und for sundry estates Furniture and plant, &c. .. .. .. 38 706 6 0 and funds .. .. 24,480,143 4 8 Stationery and stores, &c. .. .. 4*765 19 2 Amounts held for special in- Stocks, bonds, and debenvestment on behalf of tures (book value) — £ s. d. certain funds, but not yet Government securities .. 3,491,100 0 0 invested .. .. 259,069 19 9 Less reserve for preAmounts specially invested miums and discounts on behalf of certain estates on conversion or purand funds .. .. 11,761,298 9 5 chase " 2 2''4 1' 9 36,500,511 13 10 " Sundry creditors, including o - j (| accounts passed for pay- Fixed deposits . . 14 742 9 6 ment, but not yet paid .. .. 176,564 710 Local bodies' debentures, Reserve m respect of ex- £7,106,076 14s. lid.; less enemy-property moneys 20,028 3 9 reserve for premiums Special reserve for securities 70,179 0 4 and discounts on conGeneral Legal Expenses version or purchase, Account •• .. 7,838 14 0 £212,905 17s. .. 6,893,170 17 11 Investment fluctuation Ac- jq connt •• 70,135 16 8 Mortgages, &c. (book value) 12,174,042 6 8 168,181 14 9 Less reserve .. .. 100,810 111 Assurance and Reserve Fund .. .. 413,715 16 1 1? 073 '?3° 4 9 Profit and Loss Appropriation Account .. 2,709 12 8 Advances for protection of securities acquired or in possession, &c. . . .. 70 179 0 4 Properties acquired (book value) .. .. 209,703 19 6 Less reserve .. .. 15,854 18 8 193,849 0 10 Advances (on overdraft) to estates and accounts (book value) .. 582,050 6 2 Less reserve .. . . 2,788 8 5 579,261 17 9 Interest and rent accrued, due, and overdue — Interest accrued up to 31st March, 1936, but not yet due, and interest overdue .. .. 480,975 0 7 Rent due or accrued .. 356 4 8 o i , 481,331 5 3 Sundry debtors .. .. .. .. 39,962 11 2 Cash in hand on current account and on deposit in New Zealand and London .. .. 1,176,150 2 8 Investments of reserve for mortgages : Mortgages, &c. .. .. .. .. 34,382 11 9 Special investments (book value) held on behalf of certain estates and funds— £ .s. a. Government securities .. 3,182,281 14 11 Rural Advances bonds .. 2,186,132 15 0 Mortgage Corporation of New Zealand Stock .. 130,000 0 0 Local bodies'debentures 1,593,263 2 7 Private debentures and shares .. .. 16,285 4 1 Realty and leasehold .. 1,'878 18 10 Fixed deposits .. 2,473 14 0 Mortgages .. .. 4,507,122 7 10 Mortgage securities acquired .. .. 27,344 13 7 Financial assistance to mortgagors .. .. 126 16 10 Loans .. .. 6,161 14 11 Savings-banks accounts 6,356 2 7 Overdue interest on special investments.. .. 101,871 4 3 11,761,298 9 5 £37,261,683 5 2 £37,261,683 5 2 E. 0. Hales, Public Trustee. F. Menneeb, Chief Accountant. 1 hereby certify that the balance-sheet and accompanying accounts 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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