5

8.—13.

BALANOE-SHEE T. ADVANCES TO SETTLERS BRANCH. Statement of Liabilities and Assets as at 31st March, 1915. Liabilities. £ s. d. Assets. £ s. d. Sundry loanß .. .. .. 8,990,273 1 7 Investment Account, loss total repayTemporary advances from Public Debt ments .. .. .. .. 7,970,974 1 9 Sinking Fund Branch .. .. 76,572 0 0 *Plus mortgage instalments overdue Temporary advances from Advances —principal ~ .. .. 18,157 1 9 Office Sinking Fund Branch .. 60,000 0 0 Advances Suspense Aocount .. .. 25,781 1 0 Total principal owing by mortgagors Fire Loss Suspense Account .. .. 3,580 2 11 at 31st March, 1915 .. .. 7,990,131 3 6 Suspense Acoount .. .. .. 4,049 13 5 *Mortgago instalments overdue—interest 37,675 19 3 Reserve Fund .. .. .. 50,000 0 0 Intorest on mortgages, accrued but not Interest payablo on loans, accrued but due .. .. .. .. 95,216 18 8 not due .. .. .. .. 59,007 4 4 Loan Charges Account .. .. 30,000 0 0 Interest payable on deposits, accrued Temporary advances to Workers Branch 50,000 0 0 but not due .. .. .. 8 8 5 Office Furniture and Equipment Aocount 1,135 9 3 Profit and Loss Account .. .. 312,226 15 7 Insurance Premiums Account .. 496 11 2 Temporary investments .. .. 200,000 0 0 Interest on temporary investments, accrued but not due .. .. . 1,687 13 3 Sinking Funds — £ s. ri. Public Trustee .. 302,904 13 9 Advances Office Sinking Fund Acoount 182,180 2 2 Public Debt Sinking Fund Branch .. 568 10 0 485,653 5 11 Cash in hand and in bank at 31st Maroh, 1915 .. .. .. .. 689,501 6 3 £9,581,498 7__3 £9,581,498 7 3 * Of tire mortgage instalments overdue, a large percentage had been received by Postmasters at :Jlst March, 1015, and was in course of transit to this ofliee.

Statement of Pkofit and Loss Account for the Year ended 31st March, 1915. Dk. £ a. d. j Ck. £ s. d. To Management Fjxpenses Account .. 10,621 15 11, By Interest Account—gross profits .. 68,512 5 3 Doubtful securities written down .. 432 0 9 ' Losses on securities .. .. 23 9 6 Balanoe —net profits for the year ended 31st March, 1915.. .. .. 57,434 19 1 £68,512 5 3 £68,512 5 3 £ s. d. i £ s. d. Loan charges written down .. 31,325 4 0! Balance at 31st March, 1914 .. 286,243 3 9 Office Furniture and Equipment Ac- Net profits for the year .. .. 57,434 19 1 count written down .. .. 126 3 3 Balanoe—net profits carried forward.. 312,226 15 7 £343,678 2 10 £343,678 2 10 — ,■ — Statement of Interest Account for the Year ended 31st March, 1915. Db. £ s. d. £ s. d. Or. £ s. d. £ s. d. To Interest paid on loans.. 323,887 13 5 By Interest received on Less accrued interest at mortgages .. 350,252 2 3 31st March, 1914 .. 56,677 16 1 Loss overdue and 267,209 17 4 accrued at 31st Aoorued interest pay- Maroh, 1914 .. 118,429 5 9 able on loans at 31st 231,822 16 6 March, 1915 .. .. 59,007 4 4 Interest on bank balances .. .. 1,290 0 0 Interest paid on deposits 24 13 10 Interest on temporary advances to Less acorued interest at other branches .. .. 3,981 16 10 31st Maroh, 1914 .. 8 5 1 Interest on temporary £ s. d. 16 8 9 investments .. 33,936 14 4 Accrued interest payablo on deposits at Less accrued interest 31st March, 1915' .. .. 8 8 5 at 31st Maroh, 1914 1,700 0 0 Interest paid on amounts temporarily 32,236 14 4 transferred from other branches .. 9,157 14 9 Interest on mortgages— Balance—gross profits transferred to Overdue at 31st Profit and Loss Account .. .. 68,512 5 3 Maroh, 1915 .. 37,675 19 3 Accrued but not due at 31st March, 1915 .. .. 95,216 18 8 ■ 132,692 17 11 Interest on temporary investments accrued at 31st March, 1915 .. 1,687 13 3 £403,911 18 10 £403,911 18 10