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Statement of Interest Account for the Year ended 31st March, 1918. Dr. £ s. d. Cr. £ s. d. £ s. d. To Balance transferred to Profit and Loss By Interest on mortgagesAccount .. ■ .. .. 39,672 4 7 Settlers .. 16,797 12 8 Less interest overdue and acorued at 31st March, 1917 .. .. 4,719 3 11 12,078 8 9 Interest on mortgages — Local bodies .. 2,064 18 1 Less interest overdue and aocrued at 31st Maroh, 1917 .. .. 467 4 4 — 1,597 13 9 Interest on amounts temporarily transferred to Settlers Branch.. .. 3,643 1 7 Interest on sinking funds held by Public Trustee .. .. .. 15,579 12 1 Interest on mortgagesSettlers— Overdue at 31st £ s. d. Maron.,l9lB .. 1,684 6 1 Accrued but not due at 31st Maroh, 1918 .. .. 4,287 12 2 Looal bodies— Overdue at 31st March, 1918 .. 170 10' Accrued nut not due at 31st March, 1918 .. .. 630 19 10 6,773 8 5 £39,672 4 7 £39,672 4 7

Statement of Management Expenses Account for the Year ended 31st March, 1918. Dr. £ s. d. Cr. £ s. d. To Sundries .. .. .. ..104 By Consent fees .. .. .. 010 0 Balance transferred to Profit and Loss Release fees .. .. .. ..650 Acoount .. .. .. 5 14 8 £6 15 0 £6 15 0 G. F. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 26th July, 1918. Examined and found correct.—Robert J. Collins, Controller and Auditor-General.

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