B.—l [Pt. IV, Sup. A

36

WAIMARINO BUSH-FIRE RELIEF ACCOUNT. Receipts and Payments Account fob Period Ist April, 1922, to 31st October, 1922. Receipts. £ s. d. Payments. £ s. d. To Balance at Ist April, 1922 .. .. 39,517 19 6 By Advances on promissory note .. 30 0 0 Repayment of advances .. .. 520 11 7 Refund of interest .. .. 10 11 3 Interest on advances .. .. 866 1 3 Interest on debentures .. .. 1,500 0 0 Interest on surplus temporarily in- Balance at 31st October, 1922, transvested .. .. .. 879 0 0 ferred to General Purposes Relief Account .. .. 40,243 1 1 £41,783 12 4 £41,783 12 4 Income and Expenditure Account for Period Ist April, 1922, to 31st Octobee, 1922. Expenditure. £ s. d. ! Income. £ s. d. To Interest on debentures .. .. 1,743 3 0 By Interest on surplus funds temporarily Balance transferred to Investment invested .. .. .. 969 2 11 Reserve Account .. .. 217 3 8 Interest on advances .. .. 991 3 9 £1,960 6 8 £1,960 6 8 Balance-sheet as at 31st October, 1922. Liabilities. £ s. d. Assets. Loan capital .. .. .. 75,000 0 0 £ s. d. £ s. d. Interest on debentures accrued but not due 493 3 0 Advances secured by mortInvestments Reserve Account .. 1,624 14 9 gage .. .. .. 25,362 5 3 Sinking fund reserve .. .. 145 4 9 Advances on promissory notes 9,061 4 4 Suspense Account .. .. .. 4 511 34,423 9 7 Sundry creditors— Sundry debtors for interest Payments in advance .. .. 10 0 on mortgages .. .. 1,917 0 3 Unpaid account .. .. .. 600 0 0 Sundry debtors for interest on promissory notes .. 628 2 4 2,545 2 7 Interest accrued but not due on surplus funds temporarily invested .. .. 511 0 5 Sundry debtors, miscellaneous .. .. 010 0 Sinking fund .. .. .. .. 145 4 9 Cash in Public Account transferred to General Purposes Relief Account .. 40,243 1 1 £77,868 8 5 £77,868 8 5 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant. I hereby certify that the statement of receipts and payments, Income and Expenditure Account, and balance-sheet have been duly examined and compared with the relative, books and documents submitted for audit, and correctly state the position as disclosed thereby. Mortgage advances under the Appropriation Act, 1918, have been taken from unaudited District Land Office returns, and in the opinion of the Audit Office a bad-debts reserve should be created.—G. F. C. Campbell, Controller and Auditor-General. Note.—The Waimarino Bush-fire Relief Account was closed on 31st October, 1922, in terms of section 20, Finance Act, 1922, and the assets were transferred to the General Purposes Relief Account.