8.—13

8

THE GOVERNMENT ADVANCES TO SETTLERS OFFICE. Statement of the Liabilities and Assets at 31st March, 1897. Dβ. ■ Liabilities. £ s. d. Cβ. Assets. £ s. d. 3-per-oent. loan, redeemable Ist April, Investment Account— 1945 .. .. .. .. 1,500,000 0 0 Advances on mortConsolidated Fund advances.. .. 46,500 0 0 gage .. ..£1,036,477 0 0 Suspense Account, sundry receipts .. 794 4 5 Leas repayments 27,546 10 3 Accrued interest payable .. .. 32 16 10 1,008,930 9 9 Temporary investments, Government securities .. .. .. 333,319 18 0 Debenture Sinking Fund Investment Account, Public Trustee .. .. 27,213 10 1 Mortgage instalments receivable —overdue .. .. .. .. 333 0 2 Interest receivable —overdue.. .. 1,558 1 10 accrued.. .. 15,416 8 2 Cash in hand and in bank .. .. 25,453 13 11 Loan floatation charges £105,897 7 5 Profit and Loss Account 29,204 11 11 . 135,101 19 4 £1,547,327 1 3 £1,547,327 1 3

Statement of Management Account for the Year ending 31st March, 1897. Dβ. £ s. d. £ s. d. Cβ. £ s. d. £ s. d. To Valuation-fees paid to By Valuation-fees received 2,966 111 Valuers .. .. 3,170 8 0 Eeceipts for mortgage-Valuation-fees refunded 141 17 0 forms .. .. 217 6 0 Printing and stationery 296 12 6 Eelease and consent fees 18 16 1 Travelling-expenses .. 426 14 0 3,202 4 0 Advertising .. .. 201 13 2 Balance of management expenses Law-costs .. .. 0 5 2 transferred to Profit and Loss AcFurnishing .. .. 50 4 6 count .. .. .. .. 8,092 111 Salaries .. .. 4,496 0 4 Eent, fire, and light .. 298 11 6 Contribution for services of Public Trust Office 125 0 0 Audit Department .. 75 0 0 Registering mortgages 17 10 0 Land-tax .. .. 1,774 3 5 Sundries .. .. 203 5 6 Unauthorised expenditure .. .. 17 0 10 11,294 5 11 11,294 5 11 Interest paid on loan, Interest received on £ s. d. £1,500,000 .. 67,500 0 0 mortgages .. .. 29,848 12 2 Less accrued at 31st Interest received on inMarch, 1896 .. 22,376 14 3 vestments .. .. 15,278 4 4 45,123 5 9 45,126 16 6 Interest paid on Less accrued at 31st repayments £5 13 4 March, 1896 .. 6,318 310 Less accrued at ■ 31st March, 38,808 12 8 1896 .. 0 15 2 Interest receivable — 418 2 ■ overdue .. .. 1,558 110 Interest on Consolidated Interest receivable—acPund advances .. 919 16 11 crued at 31st March, Interest on repayments 1897 .. .. 15,416 8 2 accrued at 31st March, : 55,783 2 8 1897 .. . • 32 16 10 46,080 17 8 57,375 3 7 Balance of interest transferred to Profit and Loss Account .. .. 9,702 5 0 £67,077 8 7 £67,077 8 7