23

8.—5

OFFICE LOAN ACCOUNT for the Year ended 31st March, 1904, compared with the Financial Year ended 31st March, 1903.

JAMES B. HEYWOOD, Secretary to the Treasury. ROBERT J. COLLINS, Assistant Secretary and Aooountant. The foregoing accounts have been examined and found correct, eubjeot to the following remarks : — 1. The " Customs," " Railways," and " Territorial Revenue " receipts are not now examined by the Audit Office. 2. The Audit Office is unable satisfactorily to verify the receipts of gold revenue, through the failure of the Mines Department to comply with a requisition for a certified statement of the amounts collectible as such revenue. 3. The " Advanoea in the hands of officers of the Government " include payments to the amount of £12,751 ss. 4d., though the accounts of the same were received at the Treasury before the close of the year. J. K. WARBURTON, Controller and Auditor-General.

NEW ZEALAND ACT, 1903, ACCOUNT for the Year ended 31st March, 1904.

ACCIDENT INSURANCE LOAN ACCOUNT for the Year ended 31st March, 1904.

I Securities transferred and delivered to the Bank of New Zealand under section 9 .. Balance at end of Year,— Investment Account— 75,000 preference shares issued by the Bank of New Zealand Total 500,000 0 0 500,000 0 0 £1,000,000 0 0

Temporary advances made under section 6 of "The Government Accident Insurance Act, 1899," repaid to Government Life Insurance Account .. .. ..I £1,000 0 0

19O2-19O3. EXPENDITURE. 19O3-19O4. £ s. d. 249,713 11 7 £ b. d. £ s. d. 220,349 19 2 Amount paid over to Government Advances to Settlers Office Account.. Temporary Advances paid off 200,000 0 0 43,998 11 3 Charges and expenses of raising Loans, — In respect of Loan issued in London 20,547 1 0 64,955 0 8 Balance at end of Year, — Cash in the Public Account Investment Account 9,393 15 7 9,393 15 7 £358,667 3 6 Total £450,290 15 9