B.—l |Pt. IY].

GENERAL PURPOSES RELIEF ACCOUNT. Income and Expenditure Account foe the Year ended 31st March, 1927. Expenditure. Income. To Losses written off—• £ s. d. £ s. d. By Interest on advances — £ s. d. £ s. d. Waimarino Bush-fire Relief— Fire relief .. .. .. 1,077 10 6 Principal .. .. 6,425 15 0 Flood relief .. .. .. 397 11 8 Interest .. .. 771 9 4 In aid of works of production— 7,197 4 4 Orchardists .. .. 104 19 1 Flood relief—- Murchison Lime Co., Ltd. .. 26 13 7 Principal .. .. 20 2 2 Nelson Farmers' Union Lime Interest.. .. .. 10 0 Co., Ltd. .. .. 184 7 11 —— 21 2 2 Cider-manufacturing .. 211 6 4 In aid of works of production— Ferngrove Sawmilling Co. .. 14 18 8 Orchardists — " 2,017 7 9 Principal .. .. 67 13 0 Interest on investments .. .. 871 10 10 Interest.. .. .. 4 14 11 Balance carried down .. .. .. 7,325 0 10 72 7 11 Interest on loans .. .. .. 2,923 5 0 £10,213 19 5 £10,213 19 5 £ s. d. £ s. d. To Balance at 31st March, 1926 .. .. 105 5 0 By Suspense Account—Unclaimed remittance .. 4 511 Balance brought down .. .. .. 7,325 010 Transfer of capital losses charged to revenue .. 6,513 10 2 Transfer of interest written off to Bad Debts Reserve .. .. .. .. 777 4 3 Balance .. .. .. .. .. 135 5 6 £7,430 5 10 £7,430 5 10 Balance-sheet as at 31st March, 1927. Liabilities. Asset?. Capital— £ s. d. Advances under Appropriation Act, £ s. d. £ s. d. Loan under Appropriation Act, 1918, section 33 1918, section 33, and Public (Waimarino Bush Fire Relief) .. .. 70,000 O 0 Revenues Act, 1926, section Plus liability to Consolidated Fund in terms of 136— section 13 (1) of Repayment of the Public Debt Fire relief .. .. .. 29,309 11 3 Act, 1925 .. .. .. .. 4,339 14 1 Flood relief .. .. .. 8,559 0 2 In aid of works of production— 74,339 14 1 Orchardists .. .. 1,943 4 9 Less written off — £ s. d. Murchison Lime Co., Ltd. .. 499 19 9 Approriation Act, 1924 .. 1,065 0 0 Nelson Farmers' Union Lime Co., Appropriation Act, 1925 .. 532 2 0 Ltd. .. .. .. 3,500 0 0 Appropriation Act, 1926 .. 219 1 4 Cider-manufacturing .. 4,350 16 8 Provisionally written off .. 7,846 6 8 Ferngrove Sawmilling Co. .. 104 13 8 9,662 10 0 48,267 6 3 64,677 4 1 Less provisionally written off .. 7,846 6 8 Interest accrued on debentures .. .. 230 2 9 40,420 19 7 Interest due and unpaid on debentures .. 16 8 9 Sundry debtors for interest — Payment in advance—Fire relief .. .. 10 0 Fire relief .. .. .. 2,964 10 10 Liability to Consolidated Fund for interest .. 4,076 19 9 Flood relief .. .. .. 388 13 11 Sundry creditors—Flood relief .. .. 10 0 In aid of works of production .. 774 5 0 Suspense Account .. .. .. .. 81 5 0 Reserve for bad debts .. .. .. 1,883 1 8 4,127 9 9 Less provisionally written off .. 1,048 18 8 3,078 11 1 Interest accrued on advances— Fire relief .. .. .. 212 7 5 Flood relief .. .. .. 715 11 In aid of works of production .. 167 11 10 451 5 2 Interest accrued on investments .. .. 240 8 2 Cash in State Advances .. . . 677 16 5 Cash in Public Account .. .. 5,962 16 1 6,640 12 6 Investment Account .. .. .. 20,000 0 0 Income and Expenditure Account .. .. 135 5 6 £70,967 2 0 £70,967 2 0 A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. Mortgage advances under the Appropriation Act, 1918, have been taken from audited copies of journal entries of the Otago District Land Office and from departmental figures, pending completion of the local audit of the Wellington District Land Office. —G. F. C. Campbell, Controller and Auditor-General.

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