8.—13

7

Statement of Profit and Loss Account for the Year ended 31st March, 1917. Db. £ s. d. Ob. £ s. d. To Balance—net profits for the year .. 35,920 3 5 By Interest Account .. .. .. 35,916 12 10 Management Acoount—sundry fees received .. .. .. .. 3 10 7 £35,920 3 5 £35,920 3 5 £ s. d. £ s. d. Balance—net profits carried forward.. 101,474 4 1 Balance as at 31st Marob, 1916 .. 65,554 0 8 Net profits for the year .. ..35,920 3 5 £101,474 4 1 | £101,474 4 1

Statement of Interest Account for the Year ended 31st March, 1917. Dr. £ s. d. Cb. £ s. d. £ s. d. To Balance transferred to Profit and Loss By Interest on mortgages, Acoount .. .. .. .. 35,916 12 10 "Settlers" .. .. 7,618 0 7 Less interest overdue and accrued at 31st March, 1916 .. .. 2,590 10 8 5,027 9 11 Interest on mortgages, " Local Authorities ".. 16,470 18 3 Less interest overdue and accrued at 31st Maroh, 1916 .. .. 4,744 7 2 11,726 11 1 Interest on amounts temporarily transferred to Settlers Branoh .. .. 10,48111 9 Interest on mortgages— Settlers — Overdue at 31st £ s. d. March, 1917 .. 838 17 6 Aocrued but not due at 31st March, 1917 1,725 19 4 Looal Authorities— Overdue at 31st March, 1917 .. 763 13 6 Accrued but not due at 31st March, 1917 5,352 9 9 8,681 0 1 £35,916 12 10 £35,916 12 10

Statement of Management Expenses Account for the Year ended 31st March, 1917. Dr. £ s. d. I Or. £ s. d. To Balance transferred to Profit and Loss I By Release fees .. .. .. .. 3 0 0 Account .. .. .. .. 3 10 7 Sundries .. .. .. .. 0 .10 7 ! £3 10 7 £3 10 7 G. P. C. Campbell, Superintendent. W. N. Hinchliffe, Accountant. State Advances Office, Wellington, 2nd July, 1917. Examined and found correct.—Robert J. Collins, Controller and Auditor-General.