8.—13

12

Statement of Receipts■ and Expenditure for the Year ended 31st March; 1912. Receipts. £ s. d. Expenditure. £ s. d. To Amount of loan .. .. .. 5,000 0 0 By Advance on mortgage .. .. 5,000 0 0 Temporary advances from Local Temporary advance fr im Local AutboAuthorities Branch .. .. 5,025 0 0 rities Branch refunded .. .. 5,000 0 0 Interest on mortgage .. .. 112 10 0 Interest paid on temporary advance.. 112 10 0 Interest overpaid to Local Authorities Sinking fund .. .. .. 50 0 0 Branch refunded .. .. 25 0 0 £10,162 10 0 £10,]62 10 0 J. W. Poynton, Superintendent. W. N. Hinchljffe, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 11th June, 1912. Examined and found correct —Bobeht J. Collins, Controller and Auditor-General. LAND FOE SETTLEMENTS BEANCH. £ s. d. Capital liabilities transferred from Treasury, 81st March, 1910 . .. .. 5,874,938 0 0 Less debentures redeemed and renewed .. .. .. .. .. 412,415 0 0 5,462,523 0 0 Total debentures issued under the New Zealand State-guaranteed Advances Act 852,915 0 0 Total liability at-31st March, 1912 .. .. .. £6,315,438 0 0 Transactions for the Year ended 31st March, 1912. £ s. d. £ s. d. £ s. d> To Debentures issued.. .. .. 819,915 0 0 By Advances made to Amount of sinking fund received Land for Settlefrom Treasury .. .. .. 63,154 7 7 ments Branch — Interest received on advances .. 935 13 8 Purchase of estates 407,500 0 0 Temporary advance from Local Au- Redemption of dethorities Branch .. .. 25,000 0 0 bentures .. 200,850 0 0 Renewal of debentures .. '211,565 0 0 819,915 0 0' Sinking fund paid to Public Trusteu 63,151 7 7 Interest paid on debentures .. 815 16 5Interest paid on temporary advance 119 17 3 Temporary advance from Local Au thorities Branch refunded .. 25,000 0 0 £909,005 1 3 £909,005 1 3 Statement of Sinking Fund as at 31st March, 19.12. £ s. d. Balance as at 31st March, 1911 .. .. .. .. .. .. 301,057 511 Amount paid to Public Trustee for the year ended 31st March, 1912 .. .. 63,154 7 7 Interest added by Public Trustee for year ended 31st March, 1912 .. .. 14,49119 3 £378,703 12 9 NATIVE LAND SETTLEMENT BEANCH. Transactions for the Year ended 31st March, 1912. £ s. d. i £ s. d. To Amount of loans .. .. .. 254,500 0 0 By Advances made to Native Land SetTemporary advances from Local tlement Account .. .. 254,500 0 0 Authorities Branoh .. .. 204,500 0 0 Temporary advances from Local Interest reoeived on advanoes .. 5,422 2 1 Authorities Branch refunded .. 204,500 0 0' Amount of sinking fund received Interest paid on loans .. .. 3,605 9 6 from Treasury .. .. .. 4,361 00J Interest paid on temporary advances 1,816 12 7 Sinking fund paid to Public Trustee 4,361 0 0 £468,783 2 1 £468,783 2 1 Statement of Sinking Fund as at 31st March, 1912. £ s. d. Balance as at 31st March, 1911 .. .. .. .. .. .. 1,816 0 0 Amounts paid to Public Trustee for year ended 31st March, 1912 .. .. 4,361 0 0 Interest added by Public Trustee for year ended 31at March, 1912 .. .. 73 2 5 £6,250 2 5 J. W. Poynton, Superintendent. W. N. Hinchliffe, Accountant.. New Zealand State-guaranteed Advances Office, Wellington, 11th June, 1912. Examined and found correct. —Eobeet J. Collins, Controller and Auditor-General. Approximate Coat ol Paper .—Preparation, not given; printing (1,900 copies), £12 lO.<.

By Authority : John Mackay, Government Printer, Wellington. —1912.

Price 6d.]