8.—13

8

Statement of Interest Account for the Year ended 31st March, 1914. Dβ. £ s. d. Cβ. £ a. d. £ s. d. To Balance transferred to Profit and Loss By Interest on mortgages, Account .. .. .. .. 11,410 3 7 "Settlers" .. .. 6,398 12 4 Less interest overdue and acorued at 31st March, 1913 .. .. 2,021 3 5 4,377 8 11 Interest on mortgages, " Local Authorities " .. .. .. .. 2,209 9 6 Interest on amount temporarily transferred to Settlers Branch .. .. 1,329 6 1 Interest on mortgages— Advanced to Settlers — overdue at 31st March, 1914 .. .. 494 3 8 Advanced to Looal Authorities .. 6 14 1 500 17 9 Advanced to Settlers— acorued but not due at 31st March, 1914 .. 1,416 4 8 Advanoed to Local Authorities .. 1,408 2 8 2,824 7 4 Interest on bank balanoes .. .. 168 14 0 £11,410 3 7 £11,410 3 7

Statement of Management Expenses Account for the Year ended 31st March, 1914. Dβ. £ s. d. Or. £ s. d. To Balance transferred to Profit and Loss By Certificate fees .. .. .. 33 12 0 Account .. .. .. .. 37 13 1 Consent fees.. .. .. .. 010 0 Production fee .. .. .. 0 5 0 Release fees .. .. .. .. 3 5 0 Sundries .. .. .. .. 0 11 £37 13 1 £37 13 1 G. F. C. Campbell, Superintendent. W. N. HiNCHLippE, Accountant. State Advances Office, Wellington, 23rd June, 1914. Examined and found correct.—Bobekt J. Collins, Controller and Auditor-General.

ADVANCES TO LOCAL AUTHOEITIES BRANCH. Statement of Liabilities and Assets as at 31st March, 1914. Liabilities. £ s. d. I Assets. Sundry loans.. .. .. .. 2,410,807 0 0 Investment Account, less £ s. d. £ s. d. Moneys received from Treasury in accord- total repayments of ance with section 72, Local Bodies' . principal — Loans Act, 1913 .. ' .. .. 3,082 13 0 Local bodies ..1,882,90111 5 Interest on loan moneys, acorued but not Scot i on 70, Looal due .. .. .. .. 30,326 18 0 Bodies' Loans Act, 1913 .. .. 6,780 0 0 Hauraki Plains .. 92,178 10 10 Opening up land for settlement .. 210,623 14 10 Rangitaiki land drainage .. .. 39,044 7 6 2,231,528 4 7 Plus mortgage instalments overdue .. 1,100 2 2 Total balance of principal owing on mortgages .. .. .. 2,232,628 6 9 Mortgage instalments overdue —interest 2,715 6 2 Interest on mortgages, accrued but not due .. .. .. .. 16,178 11 5 Loan Charges Account .. .. 21,651 5 0 Sinking Fund—Publio TruEtee .. .. 48,461 0 5 Sinking Fund—Advances Office, Sink- ■ ing Fund Branch.. 22,518 15 3 70,979 15 8 ■ Profit and Loss Account 32,818 12 4 Suspense Account .. .. .. 11,789 10 0 Cash in hand and in bank at 31st March, 1914 .. .. .. 55,455 3 8 £2,444,216 11 0 £2,444,216 11 0