8.—13

16

COLD-STORAGE ADVANCES ACCOUNT. Statement op Liabilities and Assets as at 31st March, 1930. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 82,750 0 0 Investment Account—Principal owing by mortLess loan liability redeemed and gagors .. .. .. .. .. 35,870 5 0 discharged from Consolidated Temporary advances to Settlers Branch .. 33,850 0 0 Fund .. .. 7,500 0 0 Sinking Fund Investments held by Public Debt ■—— Redemption Fund ~ ~ *1,161 4 3 75,250 0 0 Interest on mortgages— £ s. d. Less loan liability redeemed by Overdue .. .. .. 3,112 It) 5 Public Debt Repayment Ac Accrued .. .. .. 705 12 1 count .. .. .. 1,530 0 0 3,818 11 6 73,720 0 0 Sundry debtors .. .. .. .. 23 2 0 Liability to Consolidated Fund in Realization Suspense Account .. .. 4,510 8 3 terms of section 22, Finance Act, Profit and Loss Account .. .. 3,729 6 1 1926 .. .. .. .. 1,530 0 0 Cash in hand and in bank at 31st March, 1930 .. 129 9 9 Interest on loans — Overdue .. .. .. 2,515 2 0 Accrued .. .. .. 244 3 5 2,759 5 5 Reserve for bad debts .. .. .. 4,510 8 3 Sinking Fund .. .. .. .. 572 13 2 £83,092 6 10 £83,092 6 10 * This amount includes the sum ol £588 lis. Id. capital paid into the Sinking Fund in accordance with the Public Debt Extinction Act, 1910. Profit and Loss Account for the Year ended 31st March, 1930. Dr. £ s. d. Cr. £ s. d. To Management Expenses Account .. .. 115 0 0 By Interest Account —Gross profits .. .. 896 2 2 Loss on realization of securities .. .. 4,510 8 3 Balance —Loss for the year .. .. .. 3,729 6 1 £4,625 8 3 £4,625 8 3 £ s. d. £ s. d. To Loss for the year .. .. .. .. 3,729 6 1 By Balance .. .. .. .. .. 3,729 6 1 £3,729 6 1 £3,729 6 1 Interest Account for the Year ended 31st March, 1930. jOr. £ s. d. £ s. d. Cr. £ s. d. £ s. dTo Interest on loans .. .. 2,948 16 0 By Interest on mortgages .. 1,736 18 4 Less accrued at 31st March, Interest on mortgages— 1929 .. .. .. 244 3 5 Overdue at 31st March, 1930.. 3,112 19 5 2,704 12 7 Accrued at 31st March, 1930 705 12 J Interest on loans accrued but not due .. 244 3 5 Balance—Gross profits transferred to Profit 5,555 9 10 and Loss Account .. .. • • 896 2 2 Less overdue and accrued at 31st March, 1929 .. 3,326 6 3 2,229 3 7 Interest on bank balances .. .. .. 2 12 1 Interest on temporary advances to Settlers Branch .. .. .. .. 1,613 2 6 £3,844 18 2 £3,844 18 2 Management Expenses Account for the Year ended 31st March, 1930. D r _ £ s. d. Cr. £ s. d. To Administration expenses .. . • • • HO 0 0 By Balance transferred to Profit and Loss Account .. 115 0 0 Audit Office services .. • • • • 5 0 0 £115 0 0 £115 0 0 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.