8.—13

Statement of Interest Account for the Year ended 31sfc March, 1913. de. £ a. a. £ s. a. Cβ. £ s. a. & s. a. To Interest paia on loans .. 56,683 17 1 By Interest on mortgages— Less accrued interest at Local bodies .. .. 45,568 18 11 31st March, 1912 .. 26,323 3 8 Opening up land for 30,360 13 5 settlement.. .. 2,184 3 3 Interest on amounts transferred from Hauraki Plains .. 1,315 19 0 Settlers Branch .. .. .. 3,117 17 4 Rangitaiki land drainage 431 5 0 Accrued interest payable on loans at 49,500 6 2 31st March, 1913 .. .. .. 31,357 11 9 Less interest overdue and accrued at 31st March, 1912 .. .. .. 9,585 11 9 39,914 14 5 Interest on bank balances .. .. 382 12 6 Interest on sinking fund —Public Trustee 1,392 11 2 Interest on temporary advance to Mining Branch 65 9 2 Less interest accrued at 31st March, 1912 .. 46 10 2 18 19 0 Interest accrued on temporary investment at 31st March, 1913 .. .. 37 5 2 Interest on temporary investment .. .. 800 0 0 Less interest accrued at 31st March, 1912 .. 199 9 1 600 10 11 Interest receivable on mortgages— Overdue at 31st Maroh, 1913 .. .. 1,995 4 8 Accrued but not aue at 31st March, 1913— Local bodies .. 13,347 16 7 Hauraki Plains .. 1,672 15 8 Opening up lana for settlement .. 3,026 3 8 Rangitaiki land drainage .. 523 3 7 20,565 4 2 Balance transferred to Profit and Loss Account .. .. .. .. 1,924 5 2 £64,836 2 6 £64,836 2 6

Statement of Management Expenses Account for the Year ended 31st March, 1913. Dβ. £ a. d. Oβ. £ s. d. To Fees paid to Grown Law Office .. 158 11 0 By Certificate fees .. .. .. 116 11 0 Contribution to Audit Office .. .. 50 0 0 Commission fees .. .. .. 2,077 17 6 Post Office services .. .. .. 100 0 0 Sundries .. .. .. .. 0 19 Postages and telegrams .. .. 149 7 0 Printing and stationery .. .. 100 0 0 Salaries .. .. .. 347 13 4 Balance transferred to Profit and Loss Account .. .. .. .. 1,288 18 11 £2,194 10 3 £2,194 10 3

Statement of Eeceipts and Expenditure for the Year ended 31st March, 1913. Receipts. £ s. <J. Expenditure. £ s. d. To Cash in hand and in bank at 31st By Advances on mortgage— March, 1912 .. .. .. 143,618 1 3 Looal bodies .. .. .. 547,295 0 0 Proceeds of debentures issued by Hauraki Plains .. .. 15,000 0 0 Superintendent .. .. 261,000 0 0 Opening up land for settlement .. 38,270 0 0 Temporary advances from Settlers Rangitaiki land drainage .. 10,000 0 0 Branch .. .. .. 200,000 0 0 Temporary advance to Guaranteed Temporary investment to Public Mining Branoh .. .. 640 0 0 Trustee refunded .. .. 20,000 0 0 Interest on loans .. .. 56,683 17 1 Part temporary advance to Mining Interest on temporary advances from Branch refunded .. .. 200 0 0 Settlers Branoh .. .. 3,117 17 4 Interest on bank balances .. .. 382 12 6 Audit Department .. .. 50 0 0 Interest on mortgages .. .. 49,500 6 2 Post Office services .. .. 100 0 0 Interest on temporary investment to Certificate fees, &c, paid to down Public Trustee.. .. .. 800 0 0 Law Office .. .. .. 158 11 0 Interest on temporary advances to Postages and telegrams .. .. 150 0 0 Guaranteed Mining Branch .. 65 9 2 Printing and stationery .. .. 100 0 0 Interest on temporary advances to Salaries .. .. .. .. 347 13 4 Native Land Settlement Branch.. 607 6 8 Sinking fund—amount paid to Public Mortgages and instalments of Trustee .. .. .. 18,580 0 0 principal repaid .. .. 21,737 1 8 Suspense Acoount .. .. 220 16 1 Certificate fees .. .. .. 116 11 0 Cash in hand and in bank at 31st Commission fees .. .. .. 2,077 17 6 ' March, 1913 .. .. .. 9,613 111 Postages refunded .. .. 0 13 0 Sundries ...... 0 19 Suspense Account .. .. 220 16 1 £700,326 16 9 £700,326 16 9

G. P. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. New Zealand State-guaranteed Advances Office, Wellington, 11th June, 1913. Examined and found correct—Bobert J. Collins, Controller and Auditor-General.

3—B. 13.

11