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Statement of Interest Account for the Year ended 31st March, 1923. Dr. £ s. d. Cr. £ g, <l, £ 8i d . To Interest earned transferred to the Sinking Fund By Interest on loans to— Account on investments of the— Settlers .. .. .. 32,776 16 11 Settlers Branch .. .. .. .. 57,693 19 3 Workers.. .. .. 2,346 9 5 Workers Branch .. .. .. .. 3,126 1 8 Local bodies .. .. 13,389 16 6 Local Authorities Branch .. .. .. 12,045 18 1 —. 48,513 2 10 Less overdue and accrued at 31st March, 1922 .. 14,378 Oil 34,135 I 11 Interest on bank balances .. .. .. 8 2 6 Interest on moneys temporarily transferred to Settlers Branoh .. .. .. 0,078 0 9 Interest on sinking funds held by Public Trustee .. 30,631 9 4 Less accrued at 31st March, 1922 .. .. .. 15,933 13 8 14,697 15 8 Interest overdue at 31st March, 1923, on loans to— Settlers .. .. .. 4,338 12 6 Workers .. .. .. 190 18 10 Local bodies .. . . 1,626 12 8 6,156 4 O Interest accrued at 31st March, 1923, on loans to- — Settlors .. .. .. 8,448 12 (i Workers .. .. .. 810 11 4 Local bodies .. .. 2,531 10 4 11,790 14 2 £72,865 19 0 £72,865 19 0 Wm. Waddel, Superintendent. State Advances Office, Wellington, sth June, 1923. R. Robertson, Accountant. The Audit Office having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith. — G. F. C. Campbell, Controller and Auditor-General.

MISCELLANEOUS BUSINESS BRANCH. Fishing Industry Promotion Account. Statement of Liabilities and Assets as at 31st March, 1923. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. •• 5,575 0 0 Investment Account— Fire Loss Suspense Account .. .. .. 18 110 Principal owing on bills of sale .. .. 3,423 12 3 Suspense Aooount .. .. .. .. 515 8 Sinking fund investments .. .. .. 217 8 Accrued interest payable .. .. .. 82 18 5 Interest on bills of sale— £ s. d. Sinking fund reserve .. .. .. .. 2 17 8 Overdue .. .. .. 57 5 3 Accrued .. .. . . 39 2 4 96 7 7 Insurance Premium Account . . .. .. .3 3 3 Realization Account .. .. .. .. 174 14 11 > Profit and Loss Account .. . . .. 220 1 0 Cash in hand and in bank at 31st March, 1923 .. 1,703 16 11 £5,684 13 7 £5,084 13 ~7 Statement of Profit and Loss Account for the Five Months ended 31st March, 1923. Dr. £ s. d. Cr. £ s . <i. To Management Expenses Account .. .. 10 0 0 By Balance .. .. .. .. .. 37 711 Interest Account .. .. .. .. 27 7 11 £37 7 11 £37 7 11 £ S. d. £ s . ,1. To Balance as at 31st October, 1922 .. .. 182 13 1 By Balance .. .. .. .. .. 220 1 0 Loss for the five months .. .. .. 37711 £220 1 0 | £220 1 0 Statement of Interest Account for the Five Months ended 31st March, 1923. Dr. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. .. 21 1 9 By Interest on bills of sale .. .. 58 3 1 Into rest on loans accrued but not due .. .. 82 18 5 Interest on bills of sale overdue at 31st Match, 1923 .. .. 57 5 3 Interest on bills of salo accrued at 31st March, 1923 .. .. 39 2 4 154 10 8 Less interest on bills of sale overdue and accrued at 31st October, 1922.. 7S 13 5 75 17 3: Interest on bank balances .. .. .. 0 15 0 Balance transferred to Profit and Loss Account .. 27 711 £104 0 2 £104 0 2

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