B.—l [PT. IV].

136

STATE ADVANCES OFFlCE—continued. FISHING-INDUSTRY PROMOTION ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1930. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Sundry loans .. .. .. 5,571 19 2 Investment Account—Principal owing on bills of sale 878 0 5 Less loan liability redeemed and Temporary advances to Settlers Branch .. .. 3,380 0 0 discharged from Consolidated Sinking Fund investments hold by Public Debt Fund .. .. .. 1,036 19 2 Redemption Fund .. .. .. .. *50 17 0 Interest on bills of sale- — £ s. d. 4,535 0 0 Overdue.. .. . . 20 2 10 Less loan liability redeemed by Accrued .. .. .. 12197 Public Debt Repayment Account 1,060 0 0 33 2 5 3,475 0 0 Sundry debtors .. .. .. .. 5 0 6 Liability to Consolidated Fund in terms of sec- Profit and Loss Account . . .. .. 324 9 7 tion 22, Finance Act, 1926 .. .. 1,060 0 0 Cash in hand and in bank at 31st March, 1930 .. 33 18 0 Income-tax Suspense Account .. .. .. 6 6 0 Interest on loans — £ s. d. Overdue .. .. .. 103 8 5 Accrued .. .. .. 50 19 11 154 8 4 Sinking Fund .. .. .. .. 9 13 7 £4,705 7 11 £4,705 7 11 * This amount includes the sum of £41 3s. sd. 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 .. .. 14 7 2 By Interest Account—Gross profits .. .. 42 5 7 Income-tax .. .. .. .. 6 6 0 Balance—Net profits for the year .. .. 21 12 5 £42 5 7 £42 5 7 £ s. d. £ s. d. To Balance at 31st March, 1929 .. .. .. 346 2 0 By Net profits for the year .. .. .. 21 12 5 Balance .. .. .. .. .. 324 9 7 £346 2 0 £346 2 0 Interest Account for the Year ended 31st March, 1930. Dr. £ s. d. £ s. d. Gr. £ s. d. £ s. d. To Interest on loans .. .. .. 161 17 6 By Interest on bills of sale .. .. 47 3 9 Less accrued at 31st March, 1929 .. 50 19 11 Less overdue and accrued at 31st 110 17 7 March, 1929 .. .. .. 38 3 7 Interest on loans accrued but not due .. .. 50 19 11 9 0 2 Balance —Gross profits transferred to Profit and Interest on bank balances .. . . . . 110 6 Loss Account .. .. .. .. 42 5 7 Interest on temporary advances to Settlers Branch 160 10 0 Interest on bills of sale — £ s. d. Overdue at 31st March, 1930 .. 20 2 10 Accrued at 31st March, 1930 .. 12 19 7 33 2 5 £204 3 1 £204 3 1 Management Expenses Account for the Year ended 31st March, 1930. Dr. £ s. d. | Gr. £ s. d. To Administration expenses .. .. .. 10 0 0 By Sundry fees .. .. .. .. . . 012 10 Audit Office services .. .. .. .. 5 0 0 Balance transferred to Profit and Loss Account .. 14 7 2 £15 0 0 £15 0 0 1 | , Wm. Waddel, Superintendent. 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.