B. 9.\

2

PUBLIC TRUST OFFICE. Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold premises and sites, and Fund for sundry estates balance purchase-money of premises sold .. 460,135 6 9 and funds .. .. 21,943,047 13 10 Furniture and plant, &c. .. .. .. 38,631 18 4 Amount held for special Stationery and stores, &c. .. .. .. 6,194 9 0 investment on behalf of Stocks, bonds, and debencertain funds, but not tures— £ s. d. yet invested .. .. 67,521 19 6 Government securities .. 1,841,654 2 5 Amount specially invested Land Settlement Finance on behalf of certain Act debentures .. 38,500 0 0 estates and funds .. 9,032,602 1 1 Local bodies'debentures 6,782,042 18 11 31,043,171 14 5 8,662,197 1 4 Sundry creditors, including Mortgages, &c. .. .. 12,706,333 14 5 accounts passed for pay- Less reserve .. .. 62,502 11 6 ment, but not yet paid .. 155,198 13 9 12,643,831 2 11 Reserve for income-tax .. 194 0 11 Advances for protection of Reserve in respect of enemy- securities acquired or in property moneys .. 82,805 1 4 possession, &c. .. .. 18,047 4 0 Special reserve for securities 15,000 0 0 Properties acquired .. 158,392 3 6 General Legal Expenses Less reserve .. .. 34,040 2 6 Account .. .. 15,835 19 11 124,352 1 0 Investment Fluctuation Ac- Advances (on overdraft) to count .. .. 146,922 17 10 estates and accounts .. 371,031 1 5 260,758 0 0 Less reserve .. .. 893 11 6 Assurance and Reserve 370,137 911 Fund .. .. .. 427,346 1 3 Interest and rent accrued, due, and overdue — | Interest accrued up to 31st March, 1929, but not yet due, and interest overdue .. 356,684 15 8 Rent due or accrued .. 451 16 4 357,136 12 0 Sundry debtors, including transactions in process of adjustment between Head Office and London .. .. 57,141 14 1 Cash in hand, on current account, and on deposit in New Zealand and in London .. .. .. 116,067 9 0 Special investments held on behalf of certain estates and funds— Government securities .. 1,220,163 3 1 Rural Advances bonds .. 199,395 0 0 Land Settlement Finance Act debentures .. 4,500 0 0 Local bodies'debentures 2,137,140 19 1 Private debentures and shares .. .. 18,640 11 6 Mortgages .. .. 5,389,828 1 0 Mortgage securities acquired .. .. 47,921 10 5 Advances for protection of securities.. .. 51 12 11 Loans .... 946 14 11 Savings-bank accounts 319 5 5 Overdue interest on special investments .. 13,695 2 9 9,032,602 1 1 £31,886,474 9 5 £31,886,474 9 5 J. W. Macdonald, Public Trustee. W. Babr, Chief Accountant. I hereby certify that the Revenue 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.— €(. F. C. Campbell, Controller and Auditor-General.