7

8.—13

Statement of Profit and Loss Account for the Year ended 31st March. 1918. m rPI- ~ , , £ s. d. i Cr. £ a . d. lo Balance—net profits for the year .. 44,811 8 4! By Interest Account .. .. .. 44,807 12 8 Management Account—sundry fees .. 3 16 1 £44,811 8 4 £44,811 8 4 £ s. d. £ s d Balance-net profits carried forward.. 116,285 12 5 Balance as at 31st Matob, 1917 ..101,474 4 1 Net profits for the year .. .. 44,811 8 4 £146,285 12 5 £146,285 12 5 Statement of Interest Account for the Year ended 31st March, 1918. Dr - £ 8. d. Cr. £ s d £ s d To Balance transferred to Profit and Lobs By Interest on mortgages Account .. ~ .. .. 44,807 12 8 "Settlers" .. .. 7,592 1 2 Less interest overdue and accrued at 31st March, 1917 .. .. 2,564 16 10 ■ 5,027 4 4 Interest on mortgages, " Loonl Authorities".. 20,691 14 5 Less interest overdue and accrued at 31st Maroh, 1917 .. .. 6,116 3 8 14,575 11 2 Interest on amounts temporarily transferred to Settlers Branch .. .. 14,952 6 10 Interest on mortgages— Settlers— Overdue at 31st £ s. d. March, 1918 .. 742 5 4 Acorued but not due at 31st March, 1918 1,560 0 10 Local Authorities— Overdue at 31st March, 1918 .. 1,099 3 11 Accrued but not due at 31st Marcb, 1918 6,250 19 10 10,252 9 11 £44,807 12~3 ' '' i ~■■ '■ aasi ssm ■

Statement of Management Expenses Account for the Year ended 31st March, 1918. Dr. £ s. d. I Cr. £ s d To Balance transferred to Profit and Loss I By Consent fees.. . 0 10 0 Account .. .. .. .. 3.16 1 I Release foes .. " '' 35 0 Sundries .. .. .. ~ 0 11 £iLi' £3 16 1 G. F. C. Campbell, Superintendent. W. N. Hinchuffe, Accountant. State Advances Office, Wellington, 26th July, 1918. Examined and found correct.— Robebt J. Collins, Controller and Auditor-General.