B.—l [PT. IY, Sup. B].

PUBLIC TRUST OFFlCE—continued. Balance-sheet op the Public Trust Office as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold premises and sites .. 438,377 13 7 Fund for sundry estates Furniture and plant, &e. .. .. .. 38,462 1 9 and funds .. .. 17,682,607 15 9 Stationery and stores, &e. .. .. .. 5,859 3 11 Amounts held for special Stocks, bonds, and debeninvestment on behalf of tures— £ s. d. certain funds, but not Government securities .. 1,105,419 010 yet invested .. .. 83,481 1 10 Land Settlement Finance Amount specially invested Act debentures .. 40,100 0 0 on behalf of certain Local bodies'debentures 5,824,922 13 3 estates and funds .. 6,659,920 12 2 6,970,441 14 ] 24,426,009 9 9 Mortgages, &c. .. .. 10,370,796 0 3 Sundry creditors, including Less reserve .. .. 37,309 10 7 accounts passed for pay- 10,333,486 9 8 ment but not yet paid .. .. 152,956 6 8 Advances for protection of Reserve for income-tax .. 4,370 3 11 securities acquired or in Reserve in respect oienemy- possession .. .. .. 6,658 5 1 property moneys .. 75,951 8 8 Properties acquired .. 39,936 16 1 Special resorve for securities 15,000 0 0 Less reserve .. .. 11,350 0 0 General Legal Expenses 28,586 16 1 Account .. .. 10,663 14 6 Advances (on overdraft) to Investment Fluctuation Ac- estates and accounts .. .. 332,694 15 10 count .. .. 120,278 0 2 Interest and rent accrued, 226,263 7 3 due and overdue — Assurance and Reserve Interest accrued up to Fund .. .. .. 427,346 I 3 31st March, 1926, but not yet due, and interest overdue .. 299,951 10 2 Rent due or accrued .. 597 19 5 300,549 9 7 Sundry debtors, including transactions in process of adjustment between Head Office and District Offices and Head Office and London .. .. .. 6,189 18 6 Cash in hand, on current account, and on deposit in New Zealand and in London .. .. .. 111,348 4 8 Special investments held on behalf of certain estates and funds— Government securities .. 549,173 4 10 Local bodies' debentures 1,589,143 4 4 Land Settlement Finance Act debentures .. 5,506 0 0 Private shares and debentures .. .. 10,789 1 6 Mortgages .. .. 4,489,783 17 2 Loan .. .. 100 0 0 Savings-bank accounts .. 374 7 0 Overdue interest on special investments .. 15,050 17 4 —— 6,659,920 12 2 5,232,575 4 11 £25,232,575 4 11 , , -T—. ' ' -=■* J. W. Macdonald, Public Trustee. W. Barr, Chief Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby. In the case of one mortgage a sum of £27 has been advanced in excess of the statutory limit. —6. F. C. Campbell, Controller and Auditor-General.

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