9

8.—13

Statement of Management Expenses Account for tho Year ended 31st Marcli, 1919. Dr. £ s. d. i Or. £ s. d, To Balance transferred to Profit and Loss By Release fees .. .. .. .. ••-'.'B 15 0 Account .. .. .. .. 10 6 Sundries .. .. .. .. 0 5 6 £4 0 6 £4 0 6 G. F. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 10th July, 1919. -Examined and found correct. —Robekt J. Collins, Controller and Auditor-General. ADVANCES OFFICE SINKING FUND ACCOUNT. Statement of Liabilities and Assets as at 81st March, 1919. Liabilities Assets. Total amount paid in as at £ a. d. £ s. d. Investment Account, less total repay- £ s. d. 31st March, 1918 ..753,042 1 0 ments— Less redemption ol loan.. 175,000 0 0 Advances made to £ s. d. 578,042 1 0 settlers .. 445,629 4 4 Amounts paid in for year ended 31st Advances made to Maroh, 1919— local bodies .. 85,311 0 7 Advances to Settlers £ s. d. 530,940 411 Branch .. .. 84,512 12 7 Plus mortgage instalments overdue — Advanoes to Workers prinoipal— Branoh .. .. 21,106 8 1 £ s. d. Advances to Looal Settlers .. ..692 211.. . Authorities Branch.. 20,580 13 7 Local bodies .. .. 126 8 0 126,199 9 8 818 10 11 Advances Suspense Acoount .. .. 1,050 0 0 Fire Loss Suspense Aocount .. .. 55 0 0 Total balance of prinoipal owing by Suspense Account .. .. •■ 237 9 9 mortgagors at 31st March, 1919 .. 531,758 15 10 Profit, and Loss Account .. .. 166,030 16 1 Temporary advances to Settlers Branch 320,000 0 0 Insurance Premiums Account.. .. 15 8 11 Interest on mortgages — SettlersOverdue at 31st March, £ s. d. 1919 .. .. 1,836 15 11 Aoorued but not due at 31st Maroh, 1919 .. 4,723 15 0' : . ;>' Local bodies— Overdue at 31st Maroh, 1919 .. .. 454 15 4 Accrued but not due at 31st March, 1919 .. 899 8 9 7,914 10 0 Cash in bank at 31st Maroh, 1919 .. 11,926 1 4 £871,614 16 1 £871,614 16 1 Statement of Profit and Loss Account for the Year ended 31st March, 1919. Dr. £ s. d. Or. £ B . d. To Balance—net profits for the year .. 45,682 12 3 By Interest Aooount .. .. .. 45,674 13 3 Management Aooount—sundry fees .. 719 0 £45,682 12 3 ! £45,682 12 3 & s. d. - £ s. d. Balance—net profits carried forward 166,030 16 l 1 Balance at 31st Maroh, 1918 .. 120,348 310 Net profits for the year .. .. 45,682 12 3 £166,030 16 1 £166,030 16 1

■I— B. 13.