8.~13

8

Statement of Profit and Loss Account for the Year ended 31st March, 1916. Db. £ s. d. Cb. £ s. d. To Balanoe—net profits for the year .. 27,642 10 9 By Interest Aooount .. .. .. 27,639 510 Management Aooount —sundry fees reoeived .. .. .. 3 4 11 £27,642 10 9 £27,642 10 9 £ s. d. j £ s. d. Balanoe—net profits oarried forward ..65,554 0 8 Balanoe at 31st Maroh, 1915 .. .. 37,911 9 11 Net profits for the year .. .. 27,642 10 9 £65,554 0 8 £65,554 0 8

Statement of Interest Account for the Year ended 31st March, 1916. Da. £ s. d. | Ob. £ s. d. £ s. d. To Balance transferred to Profit and Lose ' By Interest on mortgages, Aooount .. .. .. .. 27,639 510 "Settlers" .. .. 8,196 4 0 Less interest overdue and aoorued at 31st Maroh, 1915 .. .. 2,668 15 11 5,527 8 1 Interest on mortgagee, " Loosl Authorities ".. 10,160 11 8 Less interest overdue and accrued at 31st Maroh, 1915 .. .. 2,736 3 2 7,424 8 6 Interest on amounts temporarily transferred to Settlers Branoh .. .. 7,352 11 5 Interest on mortgages— Settlers — Overdue at £ s. d. 31st Maroh, 1916 .. 598 1 11 Aoorued but not due at 31st Maroh, 1916 .. 1,992 8 9 Looal Authorities—Overdue at 31st Maroh, 1916 435 11 9 Accrued but not due at 31st Maroh, 1916 .. 4,308 15 5 7,334 17 10 £27,639 5 10 £27,639 5 10

Statement of Management Expenses Account for the Year ended 31st March, 1916. D K , £ b. d. I Ce. £ s. d. To Balanoe transferred to Profit and Loss \ By Release fees .. .. .. .. 215 0 Acoount .. .. .. ■• 3 411 Sundries .. .. .. .. 0 911 £3 4 11 £3 4 11 G. F. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 17th May, 1916. Examined and found correct. —Robert J. Collins, Controller and Auditor-General.