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ADVANCES OFFICE SINKING FUND ACCOUNT. Statement op Liabilities and Assets as at 31st March, 1930. Liabilities. Assets. Principal received as at 31st March, 1929, with Investment Account —Princiaccumulaterl interest from— £ s. d. pal owing on loans to— £ s. d. £ s. d. Settlers Branch .. .. ... 2,024,637 16 1 Settlers .. .. 977,603 9 7 Workers Branch .. .. .. 279,773 11 11 Workers .. .. 60,171 11 1 Local Authorities Branch .. .. 392,438 1 11 Local bodies .. .. 394,912 0 11 1,432,687 1 7 2,696,849 911 Temporary advances to Settlers Branch .. 390,000 0 0 Interest earned for the year ended 31st March, Sundry debtors .. .. .. .. 51 2 10 1930 — Interest overdue on loans to— £ s. d. Settlers Branch .. .. .. 71,899 14 0 Settlers .. .. 4,994 12 2 Workers Branch .. .. .. 3,348 6 0 Workers .. .. 512 7 9 Local Authorities Branch .. .. 7,490 8 5 Local bodies .. .. 1,411 6 3 6,918 6 2 2,779,587 18 4 Interest accrued on loans to —- Net profits transferred from Settlers Branch .. 32,741 17 11 Settlers .. .. 11,126 2 0 — — Workers .. .. 662 5 5 2,812,329 16 3 Local bodies .. .. 3,313 7 7 Less redemption of loans — £ s. d. 15,101 15 0 Settlers Branch .. 485,365 1 11 Cash in hand and in bank at 31st March, 1930 35,679 8 4 Workers Branch .. 208,091 7 11 Local Authorities Branch 239,812 13 8 933,269 3 6 Total fund as at 31st March, 1930 .. .. 1,879,060 12 9 Advances Suspense Account .. .. 540 0 0 Suspense Account .. .. .. 182 11 2 Fire Loss Suspense Account .. .. 654 10 0 £1,880,437 13 11 £1,880,437 13 11 Interest Account for the Year ended 31st March, 1930. Dr. £ s. d. Or. To Interest on investments — Transferred to By Interest on loans to— £ s. d, £ s. d. Sinking Fund Account .. .. .. 82,738 8 5 Settlers .. .. .. 49,275 0 3 Workers .. .. .. 3,004 0 1 Local bodies .. .. 18,659 9 2 70,938 9 6 Less overdue and accrued at 31st March, 1929 .. 25,115 16 8 45,822 12 10 Interest on bank balances .. .. .. 165 3 6 Interest on outstanding payments .. .. 9 14 3 Interest on temporary advances to Settlers Branch .. .. .. .. 14,720 16 8 Interest overdue at 31st March, 1930, on loans to— £ s. d. Settlers .. .. .. 4,994 12 2 Workers .. .. .. 512 7 9 Local bodies .. .. 1,411 6 3 6,918 6 2 Interest accrued at 31st March, 1930, on loans to— Settlers .. .. .. 11,126 2 0 Workers .. .. .. 662 5 5 Local bodies .. .. 3,313 7 7 ■ 15,101 15 0 £82,738 8 5 £82,738 8 5 Wm. Waddel, Superintendent. State Advances Office, Wellington, 23rd June, 1930. R. Robertson, 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. — G. F. C. Campbell, Controller and Auditor-General.