B—9a

Profit and Loss Account for the Year Ended 31st March, 1950 Dr. £ p r ' . KAsf Qoi Salaries and general working-expenses .. .. •• 522,583 Commission and other income (net) Losses on realization of mortgages .. . ■ • • 2,209 Depreciation on Office premises, furniture, &e. .. .. 17,113 Balance, being net profit for year, transferred to Appropriation Account .. .. •• •• •• •• 7 > 016 £548,921. £548,921 Profit and Loss Appropriation Account for the Year Ended 31st March, 1950 Cv Transfer to"Assurance and Reserve Fund £7,016 Profit and Loss Account: Balance transferred .. .. £7,016 H. Pearce, Public Trustee. A. J. Anderson, F.R.A.N.Z., 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.— J. P. Rutherford, Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not given ; printing (634 copies), £6.

By Authority: R. E. Owen, Government Printer, Wellington.— 1950.

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