b.—a

STATEMENT of the RECEIPTS and EXPENDITURE of the STATE ADVANCES LOAN ACCOUNT for the Year ended 31st March, 1916, compared with the Financial Year ended 31st March, 1915.

31

1914-1915. EXPENDITURE. 1915 1916. r~ £ s. d. Amounts paid over to the State Advances Office Account on account of Loan, — Advances to Settlers Branch Advances tb Workers Branch Looal Authorities Branch .. £ s. d. £ s. a 550,000 0 0 300,000 0 0 200,000 0 0 273,200 0 0 773,200 0 0 500,000 0 0 1,050,000 0 0 4,980 15 8 4,980 15 8 9,961 11 4 The New Zealand Loans Act, 1908,— State Advances Aot, 1913— Charges and Expenses— Advances to Settlers Branch Advances to Workers Branoh Advanoes to Local Authorities Branch 19,923 2 8 Balance at end of Year, — Investment Aocount 773,200 0 0 i : Totals •«> £1,843,123 2 8 £773,200 0 0 L I , Ot.) , I z-i £ O I ObUlK .. .. .. .. .. ., CCOUNT 'or the Year ended 31st March, 1916, compared with the Financial Year eudod 31st March, 1915. £ s. a. £ s . a. 15,572 1 6 Expenditure under the Aot .. £ s. d. 15,572 1 6 £ s. d. 14,328 15 4 417 10 8 Interest recouping the Consolidated Fund in respect of Debentures issued 417 10 8 2,545 7 9 New Zealand Loans Act, 1908, — Rangitaiki Land Drainage Amendment Acts, 1913 and 1914— 0 10 6 ! Charges and Expenses 0 10 6 0 17 6 Balance at end of Year, — 8,080 18 4 CaBh in the Publio Aocount 3,030 18 4 5,835 6 0 £19,021 1 0 Totals .. £19,021 1 0 £22,710 6 7