8.—13

12

FISHING-INDUSTRY PROMOTION ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1936. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. . ■ .. 2,521 19 2 Investment Account : Instalments of principal overLess loan liability redeemed and dis- due .. .. .. ■ • . ■ 75 8 6 charged from Consolidated Fund 1,036 19 2 Sinking Fund investments held by Public Debt Redemption Fund . . .. .. .. *60 14 0 1,485 0 0 Interest on bills of sale overdue .. .. •. 8 18 Less loan liability redeemed by Public Sundry debtors .. .. .. .. •• 1950 Debt Repayment Account .. 1,060 0 0 Profit and Loss Account .. .. .. .. 270 17 0 Cash in hand and in bank as at 31st March, 1936 .. 515 3 425 0 0 Less loan liability repaid . . .. 425 0 0 Liability to Consolidated Fund in terms of section 22, Finance Act, 1926 . . . . . . . ■ 415 0 0 Interest on loans accrued .. .. .. 5 10 10 Sinking Fund .. .. .. .. .. 19 10 7 £440 I 5 £440 1 5 * This amount includes the sum of £41 3s. sd. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1936. Dr. £ s. d. I Or. £ s. d. Management Expenses Account . . .. .. 10 0 0 Balance : Loss for year .. .. .. .. 18 14 3 Interest Account : Gross loss .. .. .. 8 14 3 £18 14 3 £18 14 3 £ s. d. £ s. d. Balance as at 31st March, 1935 .. .. • • 252 2 9 Balance .. .. .. .. .. 270 17 0 Loss for the year .. .. •. .■ 18 14 3 £270 17 0 £270 17 0 Interest Account for the Year ended 31st March, 1936. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. Interest on loans .. .. .. 14 17 6 Interest on temporary investments . . 6 3 3 Less accrued at 31st March, 1935 .. 5 10 10 Interest on bills of sale overdue at 31st March, 9 6 8 1936 .. . . .. ..8 1 8 Interest on loans accrued but not due .. . . 5 10 10 14 4 11 Less interest on bills of sale overdue at 31st March, 1935 .. .. .. .. .. ..818 6 3 3 Balance transferred to Profit and Loss Account .. 8 14 3 £14 17 6 £14 17 6 Management Expenses Account for the Year ended 31st March, 1936. Dr. £ s. d. Gr. £ s. d. Administration expenses .. .. .. .. 10 0 0 Balance transferred to Profit and Loss Account .. 10 0 0 £10 0 0 £10 0 0 Geo. G. Rose, Superintendent. F, R. Jamieson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. —G. F. C. Campbell, Controller and Auditor-General.