13

8.—13

LAND FOE SETTLEMENTS BEANCH. £ s. d. £ s. d. Capital liabilities transferred from Treasury—balance as at 31st March, 1912 .. 5,462,523 0 0 Less debentures redeemed and renewed during year ended 31at March, 1913 1,244,966 0 0 4,217,557 0 0 Total debentures issued under the New Zealand State-guaranteed Advances Act to 31st March, 1913.. .. .. .. .. .. .. .. .. .. .. 2,444,101 0 0 6,661,658 0 0 Plus amount for purchase of estates credited direot to Land for Settlements Account by Treasury .. .. .. .. .. .. .. .. .. 34,000 0 0 Plus amount of last loan raised in London not yet paid over .. .. .. .. 175,503 0 0 Total debt in accordance with Publio Debt Tables .. .. .. 6,871,161 0 0

Transactions for the Year ended 31st March, 1913. £ s. a. £ a. d. £ s. d. To Debentures issued and stock raised .. 706,920 0 0 By Advances made to Temporary advanoe from Settlers Land for SettleBranoh.. .. .. .. 60,000 0 0 ments Account— Sinking fund received from Treasury 66,856 11 7 Purchase of estates 399,497 0 0 Interest on loan-money Redemption of dereceived from Trea- bentures .. 360,700 0 0 eury .. ..£9,418 16 3 760,197 0 0 Interest on loan-money Sinking fund paid to Public Trustee 66,856 11 7 accrued but not due .. 8,080 9 5 Interest on loan-money 17,499 5 8 paid .. .. £9,418 16 3 Interest on loan-money aocrued but not due 8,080 9 5 17,499 5 8 Loan-flotation charges .. .. 6,723 0 0 £851,275 17 3 £851,275 17 3

Statement of Sinking Fund as at 31st March, 1913. £ s. d. Balanoe as at 31st March, 1912 .. .. .. .. .. .. 378,703 12 9 Amount paid to Public Trustee for the year ended 31st March, 1913 .. .. 66,856 11 7 Interest added by Public Trustee for year ended 31st March, 1913 .. .. 15,148 3 2 £460,708 7 6

NATIVE LAND SETTLEMENT BEANCH. Transactions for the Year ended 31st March, 1913. £ s. a. £ a. d. To Amount of loans .. .. .. 80,000 0 0 By Advances made to Native Land Interest on loan-money Settlement Account .. .. 103,500 0 0 received from Treasury 14,555 7 0 Interest paid on loanInterest on loan-money moneys .. .. 13,948 0 4 aocrued but not due .. 9,935 14 6 Interest paid on tern-. 24,491 1 6 porary loans from Sinking fund received from Treasury 5, IGI 0 0 Local Authorities Temporary advances from Workers Branch .. .. 607 6 8 Branch ..... .. .. 23,500 0 0 14,555 7 0 Interest accrued on loan-money .. 9,530 2 2 Interest accrued on temporary loans from Workers Branch .. .. 405 12 4 ■ 9,935 14 6 Sinking fund paid to Public Trustee 5,161 0 0 £133,152 1 6 £133,152 1 6