B.—l [PT. IV],

PUBLIC TRUST OFFlCE—cojrfrawee?. Balance-sheet op the Public Trust Office as at 31st March, 1937. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold premises and sites .. 382,788 16 5 Fund for sundry estates Furniture and plant, &c. .. .. .. 39,455 16 4 and funds .. .. 24,044,359 0 2 Stationery and stores, &e. .. .. 5,068 16 8 Amounts held for special Stocks, bonds, and debeninvestment on behalf of tures (book value) — £ s. d. certain funds, but not yet Government securities invested .. .. 147,100 15 7 (£4,113,435), plus preAmounts specially invested miums on purchase on behalf of certain estates (£10,617 17s. Id.), less and funds .. .. 12,362,188 1 6 reserve for premiums 36,553,647 17 3 on conversion and disSundry creditors, including counts on purchase accounts passed for pay- (£5,761 16s. 9d.) .. 4,118,291 0 4 ment, but not yet paid .. .. 11l ,951 18 1 Fixed deposits Reserve in lespect of ex- (£7,448 13s. 3d.), less enemy property moneys.. 21,372 14 3 discount on purchase Special reserve for securities 60,924 4 8 (6s. 9d.) .. .. 7,448 6 6 General Legal Expenses Local bodies' debentures Account .. .. 7,806 9 6 (£6,994,663 7s. 4d.), Investment Fluctuation less reserve for premiums Account .. .. 96,000 3 10 and discounts on con- — — 186,103 12 3 version or purchase Assurance and Reserve Fund .. 413,715 16 1 (£213,160 17s. 6d.) .. 6,781,502 910 Profit and Loss Appropria- 10,907,241 16 8 tion Account .. .. .. 10,946 5 9 Mortgages, &c. (book value) 11,907,023 16 11 Less reserve .. .. 95,261 11 7 11,811,762 5 4 Advances for protection of securities acquired or in possession, &c. .. .. 60,924 4 8 Properties acquired (book value) .. .. 209,235 5 4 Less reserve .. .. 15,854 18 8 193,380 6 8 Advan«es (on overdraft) to estates and accounts (book value) .. 609,205 19 5 Less reserve .. .. 2,788 8 5 606,417 11 0 Interest and rent accrued, due, and overdue— Interest accrued up to 31st March, 1937, but not yet due, and interest overdue .. .. 414,411 1 6 Rent due or accrued .. 547 5 6 414,958 7 0 Sundry debtors .. .. .. .. 68,575 6 8 Cash in hand, on current account, and on deposit in New Zealand and London .. 387,221 8 9 Investments of reserve for mortgages—Mortgages, &c. .. .. .. .. 36,382 11 9 Special investments (book value) held on behalf of certain estates and funds — £ s. d. Government securities . . 3,668,359 6 1 Rural Advances bonds .. 2,189,182 15 0 State Advances Corporation of New Zealand Stock .. .. 130,000 0 0 Local bodies'debentures 1,895,718 9 4 Private debentures and shares .. .. 30,282 8 3 . Realty and leasehold .. 2,185 4 6 Fixed deposits .. 19,500 0 0 Mortgages .. . . 4, 289, 925 6 0 Mortgage securities acquired .. .. 29,773 8 1 Financial assistance to mortgagors .. .. 145 9 4 Loans .. .. 5,996 14 11 Savings-banks accounts .. 13,287 14 1 Overdue interest on special investments.. .. 87,831 5 11 12,362,188 1 6 £37,276,365 9 5 £37,276,365 9 5 : ! K. 0. Hales, Public Trustee. F. Menneer, Chief Accountant. I 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.—J. H. Fowler, Controller and Auditor-General. 11— B. 1 [PT. IVI.

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