8.--1S

8

Statkmknt of Receipts and Expenditure for the Year ended 31st March, 1911. Receipts. £ s. d. Expenditure. £ a. d. To Cash in hand and in bank at 31st By Advanoes on mortgage .. .. 407,760 0 0 March, 1910 .. .. .. 16,940 6 4 Advanoes Suspense Account .. 94,807 12 0 Advances Suspense Acoount.. .. 99,084 9 6 i Court costs .. .. .. 12 16 0 Court costs .. .. .. 915 0 Fire Loss Suspense Account .. 1,645 18 9 Fire Loss Suspense Aooount .. 1,897 6 9 Insurance Premiums Account .. 120 13 2 Insuranoe Premiums Acoount .. 93 2 7 i Interest on loans .. 25,90fi 13 3 Interest on bank balances .. .. 33 4 0 interest on amounts transferred from Interest on mortgages .. .. 39,825 2 6 Settlers Branch .. .. .. 6,979 17 3 Mortgages and instalments of principal Loan-flotation charges .. .. 952 S 1 repaid .. .. .. .. 47,925 2 9 Postages and telegrams .. .. 150 0 0 Produotion fees .. .. .. 112 0 Printing and stationery .. .. 100 19 3 Registration and search fees .. 580 6 4 Profit and Loss Account—losses on Release fees .. .. .. 28 10 0 realization of securities .. .. 88 8 4 Sundries.. .. .. .. 12 4 Production fees refunded .. .. 0 5 3 Sundry advances on account of loans 141,265 0 0 j Registration and search fees .. SSO 6 4 Suspense Account .. .. 1,662 12 7 Salaries .. .. .. .. 1,000 0 0 Temporary advanoes from Settlers Solicitors' costs .. .. .. 81 210 Branch .. .. .. .. 255,000 0 0 Sinking fund .. .. .. 10,000 10 0 Valuation tees .. .. .. 1,617 16 6 Sundries .. .. .. .. 100 0 0 Suspense Account .. .. .. 1,176 17 0 Temporary advances from Settlers Branch refunded .. .. 50,000 0 0 Travelling-expenses .. .. 0 15 4 Valuation Department— Agency work .. .. .. 250 0 0 Fees .. .. .. .. 1,338 17 6 Valuation fees refunded .. .. 239 2 0 Valuation fees transferred .. .. 39 17 0 Cash in hand and in bank at 31st March, 1911 .. .. .. 2,642 410 £605,974 19 2 £605,974 19 2 J. W. Poynton, Superintendent. W. N. Hinchliffe, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 27th May, 1911. Examined and found correct.—Robert J. Collins, Controller and Auditor-General,

ADVANCES TO LOCAL AUTHORITIES BRANCH. Statement of Liabilities and Assets as at 31st March, 1911. Liabilities. £ s. d. Assets. Sundry loans.. .. .. .. 1,375,000 0 0 Investment Acoount, ad- £ s. d. £ g. d. Accrued interest payable on acoount of vanoes on mortgage— loins .. .. .. .. 19,270 7 8 Local bodies .. .. 405,195 0 0 Hauraki Plains .. 50,000 0 0 Opening up land for settlement .. .. 54,265 0 0 Rangitaiki land drainage 25,000 0 0 534,460 0 0 Less repayments— Local bodies .. .. 1,172 5 8 Hauraki Plains .. 241 17 6 Opening up land for settlement .. .. 2,767 311 4,181 6 8 580,278 13 4 Mortgage instalments reoeivable—overdue (local bodies) .. .. .. 139 18 10 Interest receivable—overdue .. .. 356 4 3 Interest receivable—accrued— Local bodies .. .. 2,898 7 5 Hauraki Plains .. 176 13 11 Opening up land for settlement .. .. 181 2 8 Hangitaiki land drainage 105 9 7 2,861 18 '2 Interest accrued on advances to Native Land Settlement Branch .. .. 1,304 15 8 Sinking Fund Account—Public Trustee .. 17,970 0 0 Profit and Lots Account .. .. 11,978 13 7 Cash in hand and in bank at 31st March, 1911 .. .. .. .. 829,380 8 10 £1,394,270 7 3 £1,394,270 7 3 J. W. Poynton, Superintendent. W. N. Hinchliffe, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 27th May, 1911. Examined and found correct —Robeet J. Collins, Controller and Auditor-General.