9

B.—lB

Statement of Receipts and Expenditueb for the Year ended 31st March, 1912. Receipts. £ s. d. j Expenditure. £ B. d. To Amount received from Treasury .. 144,885 0 0 By Advances on mortgage .. .. 61,410 0 0 Valuation fees .. .. .. 124 19 0 . Valuation fees paid ,to Valuation DeInterest on bank balances .. .. 150 0 0 partment .. .. .. 110 5 0 Advances Suspense Account .. 645 0 0 : Valuation fee refunded .. .. 0 10 6 Suspense Account .. .. .. 14 3 6 Valuation fees transferred .. .. 14 3 6 Temporary advance to Settlers Branch 83,475 0 0 Cash in band and in bank at 31st March, 1912 .. .. .. .. 809 3 6 £145,819 2 6 £145,819 2 6 J. W. Poynton, Superintendent. W. N. HiNCHLiPFB, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 11th June, 1912. Examined and found correct, Bobert J. Collins, Controller and Auditor-General. ADVANCES TO LOCAL AUTHOBITIES BBANCH. Statement of Liabilities and Assets as at 31st March, 1912. Liabilities. £ s. d. Assets. Sundry loans.. .. .. .. 1,597,000 0 0 Investment Account, £ s. d. £ s. d. Accrued interest payable on aooount of advances on loans .. .. .. .. 26,323 3 8 mortgageLocal bodies .. 1,195,680 0 0 Hauraki Plains .. 70,000 0 0 Opening up land for settlement .. 115,515 0 0 ■ Hangitaiki land drainage .... 25,000 0 0 Less repayments— Local bodies.. .. 9,18116 8 Hauraki Plains .. 1,013 2 6 Opening up land for . settlement .. 3,895 18 9 Rangitaiki land drainage .. .. 346 17 6 14,437 15 5 1,391,757 4 7 Mortgage instalments receivable—overdue .. .. .. .. 112 19 2 Interest receivable—overdue .. .. 284 4 9' Interest receivable—accrued : at 31st March, 1912— £ s. d. Local bodies .. 8,656 1 3 : Hauraki Plains .. 211 1 8 ; i :".':> Opening up land for settlement .. 363 5 10 Rangitaiki land drainage 70 18 3 ■ 9,801 7 0 Temporary advance to Guaranteed Mining Branch .. .. .. 25 0 0 Interest accrued on temporary advances to Native Land Settlement Branch .. 607 6 8 Interest accrued on temporary advances to Guaranteed Mining Advances Branch .. .. .. 46 10 2 Interest accrued on temporary investTrustee .. .. 199 9 1 Temporary investment—Public Trustee 20,000 0 0 , ~ Sinking Fund Account—Public Trustee 34,813 16 7 Profit and Loss Account .. .. 22,557 4 5 Cash in hand and in bank at 31st March, 1912. .. 143,618 1 3 £1,623,323 3 8 •- £1,623,323 3 8 J. W. Poynton, Superintendent. W. N. IJinchliffe, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 11th June, 1912. Examined and found correct—Bobert J. Collins, Controller and Auditor-General.

2—B. 13.