8.—13

4

BALANCE-SHEET. ADVANCES TO SETTLERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1921. Liabilities. £ s. d. ] Assets. £ s. d. Sundry loans .. .. .. 9,283,193 1 10 ; Investment Acoount — Temporary advances from Public Debt Total principal owing by mortgagors Sinking Fund Branoh .. .. 459,962 0 0| at 31st March, 1921 ' .. ..6,918,274 3 3. Temporary advances from Advances ' Mortgage instalments overdue—interest 28,801 17 8 Office Sinking Fund Acoount .. 445,000 0 0 Interest on mortgages, accrued but not Advances Suspense Account .. .. 29,134 9 6: due .. .. .. .. 75,257 10 6 Fire Loss Suspense Aocount .. .. 3,189 6 8 Temporary advances to Local AuthoSuspense Acoount .. .. .. 6,133 3 6 I rities Branch .. .. .. 225,000 0 0 Reserve Fund .. .. .. 50,000 0 0 ! Temporary advances to Workers Branoh 330,000 0 0 Interest payable on loans, accruod but - ■ Temporary investments .. .. 2,139,773 7 9 not due .. .. .. .. 75,114 12 1 Interest on temporary investments, Profit and Loss Account .. .. 791,099 11 4 acorued but not due .. .. 34,302 1111 Insurance Premiums Account .. 392 11 4 Offioe Furniture and Equipment Aocount 1,566 16 8 Realization Account.. .. .. 639 2 8 Sinking Funds— £ s. d. Public Trustee .. 302,904 13 9 Advances Office Sinking Fund Acoount 963,034 811 Public Debt Sinking Fund Branch .. 10,525 10 7 1,276,464 13 3 Cash in hand and in bank at 31st Maroh, 1921 .. .." .. 112,353 911 £11,142,826 4 11 £11,142,826 4 11 Statement of Profit and Loss Account for the Year ended 31st March, 1921. Dr. £ s. d. Gr. , £ a. d. To Management Expenses Aocount .. 17,194 18 5 By Interest Aocount—Gross profits .. 110,086 15 8 Balance—Net profits for the year.ended 31st March, 1921.. .. .. 92,89117 3 £110,086 15 8 £110,086 15 8 £ s. d. £ s. d. Office Furniture and Equipment Ac- Balance as at 31st March, 1920 .. 522,028 1 11 count written down .. .. 174 1 10 Accumulated profits as at 31st March, Balance—Net profits oarried forward 791,099 11 4 1920, on amounts paid to Advances Office Sinking Fund Account .. 175,043 13 5 Accumulated profits as at 31st March, 1920, on amounts paid to Public Debt Sinking Fund Branch .. 850 5 1 Loss on realization, subsequently recovorod .. .. .. 459 15 6 Net profits for the yoar .. .. 92,89117 3 £791,273 13 2 , £791,273 13 2 Statement of Interest Account for the Year ended 31st March, 1921. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest paid on loans.. 345,702 5 4 By Interest received on Less acorued interest at mortgagos .. 313,941 12 10 31st March, 1920 .. 74,943 14 3 Less ovordue and 270,758 11 1 accrued at 31st Interest payable on loans, accrued but Maroh, 1920 .. 105,941 11 2 not due at 31st Maroh, 1921 .. 75,114 12 1 208,000 1 8 Interest paid on amounts temporarily Interest on bank balanoes .. .. 87 11 3 transferred from other branches .. 30,282 6 4 Interest on amount in Advances Offico Balance —Grosß profits transferred to Sinking Fund Acoount .. .. 48,804 11 11 Profit and Loss Acoount .. .. 110,086 15 8 Interest on temporary advances to other branches .. ~ 11,157 14 8 Interest on amount in Public Debt Sinking Fund Branch .. .. 385 16 0 Interest on temporary £ s. d. investments .. 112,668 19 1 Less accrued interest at 31st Maroh, 1920 33,224 9 6 79,444 9 7 Interest on temporary investments aoorued at 31st March, 1921 .. 34,302 1111 Interest on mortgages— Overdue at 31st £ s. d. March, 1921 .. 28,801 17 8 Acorued but not due at 31st Maroh, 1921 .. .. 75,257 10 6 104,059 8 2 £486,242 5 2 £486,242 5 2