B.—9a,

PUBLIC TRUST OFFICE. Balance-sheet of the Public Trust Office as at 31st March, 1935. Liabilities. Assets £ s. d. £ s. d. £ g> Amounts held in Common Freehold and leasehold premises and sites .. 419,141 12 11 Fund for sundry estates Furniture and plant, &c. .. .. .. 40 437 10 5 and funds .. .. 24,979,343 16 1 Stationery and stores, &c. .. .. 4'799 0 5 Amounts held for special in- Stock, bonds, and debenvestment on behalf of tures (book value)— £ s. d. certain funds, but not yet Government securities .. 3,359,375 0 0 invested .. .. 292,390 16 0 Less reserve for preAmounts specially invested miums and discounts on behalf of certain estates on conversion or purand funds .. .. 11,394,462 7 10 chase .. .. 10 002 0 7 36,666,196 19 11 Sundry creditors, including 3 349 372 19 5 accounts passed for pay- , Rural Intermediate Credit ment, but not yet paid .. .. 138,051 10 8 Board debentures .. 60,050 0 0 Reserve in respect of ex- Fixed deposits, £400 ; less enemy-property moneys 18,729 2 7 discount on purchase, £3 397 0 0 Special reserve for securities 56,051 4 10 Local bodies' debentures, General Legal Expenses £7,517,494105. Bd. ; less Account .. .. 7,860 17 0 reserve for premiums Investment Fluctuation Ac- fi nd discounts on eoncount .. .. 81,428 19 6 version or purchase, —— 164,070 3 11 £168,514 7s. 2d. .. 7,348,980 3 6 Assurance and Reserve Fund .. .. 413,715 16 1 _ 10 753 B qo 211 Profit and Loss Appropriation Account .. 3,359 0 10 Mortgages, &c. (book value) 12,543,984 5 10 Less reserve .. .. 107,408 19 10 — 12,436,575 6 0 Advances for protection of securities acquired or in possession, &c. .. .. * 56,051 4 10 Properties acquired (book value) .. .. 198,181 4 10 Less reserve .. .. 15,854 611 182,326 17 11 Advances (on overdraft) to estates and accounts (book-value)- 568,602 11 7 Less reserve .. 2,846 18 1 565,755 13 6 Interest and rent accrued, " " due, and overdue— - Interest accrued up to 31st March, 1935, but not yet due, and interest overdue .. .. 743,406 4 0 Rent due or accrued .. 194 19 8 743,601 3 8 Less reserve .. 206,018 5 6 » 537,582 18 2 Sundry debtors ~ .. .. . . 109,395 9 5 Cash in hand on current account and on deposit in New Zealand and London •• .. 845,682 15 4 Investments of reserve for mortgages : Mortgages, &c. . . .. .. .. 34,382 11 9 Special investments (book value) held on behalf of certain estates and funds— £ s. d. Government securities .. 3,089,157 3 11 Rural Intermediate Credit Board debentures .. 29,000 0 0 Rural Advances bonds .. 2,182,982 15 0 Local bodies'debentures 1,202,789 3 5 Private debentures and shares .. .. 16,567 4 4 Realty .. .. 600 0 0 Fixed deposits .. 273 14 0 Mortgages .. .. 4,726,483 5 4 Mortgage securities acquired .. .. 28,390 17 7 Loans .. .. 5,611 14 11 Savings-banks accounts 722 8 10 Overdue interest 011 special investments .. .. 111,884 0 6 — 11,394,462 7 10 £37,385,393 11 5 £37,385,393 11 5 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant. I hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.

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