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PUBLIC DEBT SINKING FUNDS BRANCH. Statement op Liabilities and Assets as at 31st March, 1931. Liabilities. Assets. Sinking Fund created under the provisions of £ s. d. Investment Account—Prinoi- £ s. d. £ s. d. the Public Debt Extinction Act, 1910 .. 3,258,955 19 4 pal owing on loans to — Advances Suspense Account .. .. 3,095 0 0 j Settlers .. .. 1,172,797 8 4 Fire Loss Suspense Account .. .. 899 10 0 Workers .. .. 65,138 9 9 Sundry creditors —Interest due to Consolidated Local bodies .. .. 2,004,275 12 5 Fund in accordance with section 12 (a), 3,242,211 10 6 Repayment of the Public Debt Act, 1925 .. 45,235 1 7 Temporary advances to Settlers Branch .. 65,000 0 0 Interest due to Treasury— £ s. d. Sundry debtors .. .. .. .. 156 11 9 Overdue .. .. 16,223 10 11 Interest overdue on loans to — £ s. d. Accrued .. .. 36,332 10 1 Settlers .. .. 9,728 1 1 52,556 1 0 Workers .. .. 407 2 6 Local bodies .. .. 6,088 7 4 16,223 10 11 Interest accrued on loans to — Settlers .. .. 15,333 13 1 Workers .. .. 814 19 11 Local bodies .. .. 20,183 17 1 36,332 10 1 Cash in hand and in bank at 31st March, 1931.. 817 8 8 £3,360,741 11 11 £3,360,741 11 11 Interest Account for the Year ended 31st March, 1931. Dr. £ s. d. Cr. To Interest on investments due to Consolidated By Interest on loans to — £ s. d. £ s. d. Fund in accordance with section 12 (a), Settlers .. .. .. 53,958 16 3 Repayment of the Public Debt Act, Workers.. .. .. 3,257 15 7 1925— Local bodies .. .. 88,493 11 2 Paid to Treasury .. .. .. 103,689 14 11 In hand at 31st March, 1931 .. .. 45,235 1 7 145,710 3 0 Overdue at 31st March, 1931 .. .. 16,223 10 11 Less overdue and accrusd Accrued at 31st March, 1931 .. .. 36,332 10 1 at 31st March, 1930 .. 45,155 10 11 100,554 12 1 201,480 17 6 Interest on bank balances .. .. .. 39 4 10 Less overdue and accrued at 31st March, Interest on outstanding payments .. .. 0 8 8 1930 .. .. .. .. 45,155 10 11 Interest on temporary advances to Settlers Branch .. .. .. .. 3,175 0 0 Interest overdue at 31st March, 1931, on loans to — £ s. d. Settlers .. .. .. 9,728 1 1 Workers.. .. .. 407 2 6 Local bodies .. .. 6,088 7 4 16,223 10 11 Interest accrued at 31st March, 1931, on loans to — Settlers .. . . .. 15,333 13 1 Workers.. .. .. 814 19 11 Local bodies .. .. 20,183 17 1 36,332 10 1 £156,325 6 7 £156,325 6 7 E. 0. Hales, Superintendent. State Advances Office, Wellington, 13th June, 1931. E. 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.

3—B. 13.

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