20

B.—l [Pt. lII].

STASE ADVANCES OFFICE.—ADVANCES OFFICE SINKING FUND ACCOUNT— continued. Statement of Profit and Loss Account for the Year ended 31st March, 1921. Dr. £ s. d. i Gr. £ a. d. To Profits as at 31st March, 1920, on By Balance as at 31st March, 1920 .. 219,240 19 10 amounts paid in by— Settlers Branch, transferred .. 175,043 13 5 Workers Branch, transferred .. 10,110 8 0 Local Authorities Branch, transferred 34,086 18 5 £219,240 19 10 £219,240 19 10 Statement of Interest Account for the Year ended 31st March, 1921. Dr. £ s. d. Gr. £ s. d. £ s. d. To Interest on amounts paid in by— By Interest on mortgagesSettlers Branch, transferred .. 48,804 1111 Settlers .. 23,352 0 6 Workers Branch, transferred .. 3,682 12 5 Less interest overdue and Local Authorities Branch, transferred 10,376 10 5 accrued at 31st March, 1920 .. .. 7,398 9 9 15,953 10 9 Interest on debentures— Local authorities .. 6,705 15 10 Less interest overdue and accrued at 31st March, 1920 .. .. 1,632 15 5 5,073' 0 5 Interest on bank balances .. .. 4 19 0 Interest on amounts temporarily transferred to Settlers Branch .. .. 13,163 5 5 Interest on sinking funds held by Public Trustee .. .. .. 17,349 19 7 Interest on mortgagesSettlers— Overdue at 31st £ s. d. Maroh, 1921 .. 2,229 8 2 Accrued but not due at 31st March, 1921 .. .. 5,208 14 4 7,438 2 6 Interest on debentures — Local authorities — Overdue at 31st March, 1921 .. 1,783 11 1 Accrued but not due at 31st March, 1921 .. .. 2,097 6 0 3,880 17 1 £62,863 14 9 £62,863 14 9 G. F. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 27th June, 1921. Examined and found correct. —Robert J. Collins, Controller and Auditor-General.