B.—l [Pt. IVJ.

28

FISHING INDUSTRY PROMOTION ACCOUNT. (STATE ADVANCES OFFICE.) Statement of Liabilities and Assets as at 31st March, 1923. Liabilities. £ s. d. Assets. £ 's. d. Sundry loans .. .. .. ..5,57500 Investment Account — Fire Loss Suspense Account .. .. .. 18 110 Principal owing on bills of sale .. .. 3,423 12 3 Suspense Account .. .. .. .. 515 8 Sinking fund investments .. .. .. 217 8 Accrued interest payable .. .. .. 82 18 5 Interest on bills of sale — £ s. d. Sinking fund reserve .. .. .. .. 217 8 Overdue . . .. .. 57 5 3 Accrued .. . . .. 39 2 4 96 7 7 Insurance Premium Account .. .. .. 3 3 3 Realization Account .. .. .. .. 174 14 11 Profit and Loss" Account .. .. .. 220 1 0 Cash in hand and in bank at 31st March, 1923 .. 1,763 16 11 £5,684 13 7 £5,684 13 7 Statement of Profit and Loss Account for the Five Months ended 31st March, 1923. Dr. £ s. cl. Cr. £ s. d. To Management Expenses Account .. .. 10 0 0 By Balance .. .. .. .. 37 711 Interest Account .. .. .. 27 7 11 £37 7 11 £37 7 11 £ s. d. £ s. d. To Balance as at 31st October, 1922 .. .. 182 13 1 By Balance .. .. .. .. .. 220 I 0 Lo3s for the five months .. .. .. 37 7 11 £220 1 0 £220 1 0 Statement of Interest Account for the Five Months ended 31st March, 1923. Dr. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. .. 21 1 9 By Interest on bills of salo .. 58 3 1 Interest on loans, accrued but not due .. . . 82 18 5 Interest on bills of sale overdue at 31st Match, 1923 .. .. 57 5 3 Interest on bills of sale accrued at 31st March, 1923 .. .. 39 2 4 154 10 8 Less interest on bills of sale overdue and accrued at 31st October, 1922.. 78 13 5 75 17 3 Interest on bank balances .. .. .. 015 0 Balance transferred to Profit and Loss Account ... 27 7 11 £104 0 2 £104 0 2 Statement op Management Expenses Account for the Five Months ended 31st March, 1923. Dr. £ s. d. Cr. £ s. d To Audit services .. .. .. .. 5 0 0 By Balance transferred to Profit and Loss Account .. 10 0 0 Administration expenses .. .. .. 5 0 0 £10 0 0 £10 0 0 Wm. Waddel, Superintendent. R. Robertson, Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.