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ADVANCES OFFICE SINKING FUND ACCOUNT. Statement op Liabilities and Assets as at 31st Maech, 1931. Liabilities. Assets. Principal received as at 31st March, 1930, with Investment Account —Princiaccumulated interest from— £ s. d. pal owing on loans to — £ s. d. £ s. d. Settlers Branch .. .. .. 2,129,279 8 0 Settlers .. .. 938,247 3 4 Workers Branch .. .. .. 283,121 17 11 Workers .. .. 55,145 2 5 Local Authorities Branch .. .. 399,928 10 4 Local bodies .. .. 386,297 15 9 1,379,690 1 6 2,812,329 16 3 Temporary advances to Settlers Branch .. 565,000 0 0 Interest earned for the year ended 31st March, Sundry debtors .. .. .. .. 63 0 9 1931 — ' Interest overdue on loans to— £ s. d. • ■ Settlers Branch .. .. .. 77,372 15 10 Settlers .. .. 6,269 5 5 i 1 Workers Branch .. .. .. 3,531 8 5 Workers .. .. 621 7 9 Local Authorities Branch .. .. 7,536 1 0 Local bodies .. .". . 1,264 11 4 8,155 4 6 2,900,770 1 6 Interest accrued on loans to— Net profits transferred from Settlers Branch .. 15,313 10 2 Settlers .. .. 10,845 14 11 :i '■<! :.;." .. Workers .. .. 596 10 8 2,916,083 11 8 Local bodies .. .. 3,243 5 2 Less redemption of loans— £ s. d. 14,685 10 9 Settlers Branch .. 485,365 111 Cash in hand and in bank at 31st March, 1931.. 15,650 10 8 Workers Branch .. 208,091 7 11 Local Authorities Branch 239,812 13 8 933,269 3 6 : Total fund as at 31st March, 1931 .. .. 1,982,814 8 2 Advances Suspense Account .. .. 430 0 0 £1,983,244 8 2 £1,983,244 8 2 j — ■ — — Interest Account foe the Year ended 31st March, 1931. Dr. ' Or. To Interest on investments — Transferred to £ s. d. By Interest on loans to — £ s. d. £ s. d. Sinking Fund Account .. .. .. 88,440 5 3 Settlers .. .. .. 43,638 510 * Workers .. .. .. 2,607 9 6 Local bodies .. .. 17,851 8 6 64,097 3 10 > Less overdue and accrued at : I-: ■' 31st March, 1930 .. 22,020 1 2 42,077 2 8 Interest on bank balances .. .. .. 43 10 9 Interest on outstanding payments .. .. 24 13 3 Interest on temporarv advances to Settlers Branch.. .. .. .. .. 23,454 3 4 Interest overdue at 31st March, 1931, on loans to — £ s. d. : Settlers .. .. .. 6,269 5 5 Workers .. .. .. 621 7 9 Local bodies .. .. 1,264 11 4 8,155 4 6 ; Interest accrued at 31st March, 1931, on loans to — Settlers .. .. .. 10,845 14 11 I i Workers .. .. .. 596 10 8 Local bodies ... .. 3,243 5 2 =i , 14,685 10 9 £88,440 5 3 £88,440 5 3 '•:■■■, ■'■■'• ' _ [ E. 0. Hales, Superintendent. • State Advances Office, Wellington, 13th June. 1931. 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.

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