B—l3.

PUBLIC DEBT SINKING FUNDS BRANCH. Statement of Liabilities and Assets as at 31st March, 1932. Liabilities. £ s. d. Assets. Sinking Fund created under the provisions of Investment Account Princi- £ s. d. fc s. d. the Public Debt Extinction Act, 1910 .. 3,258,955 19 4 pal owing on loans to— Advances Suspense Account .. .. 10 0 0 Settlers .. 1,137,883 17 11 Fire Loss Suspense Account .. .. 1,550 0 0 Workers .. •• b2,0b5 12 A Suspense Account 717 9 4 Local bodies .. ..1,962,092 13 3 Sundry Creditors —Interest due to Consolidated IA Z' !w, a n Fund in accordance with section 12 (a) Temporary Advances to Settlers Branch .. 144,000 0 Repayment of Public Debt Act, 1925 .. 45,005 7 4 Sundry debtors .. .. •• •• 127-3 Interest due to Treasury — £ s. d. Interest overdue on loans to Overdue .. .. 28,069 18 7 Settlers .. .. 19,517 11 2 Accrued .. .. 35,768 8 7 Workers .. • • 562 15 1 63,838 7 2 Local bodies .. .. 7,989 12 4 28,069 18 7 Interest accrued on loans to — Settlers .. •• 15,204 8 11 Workers .. ■ • 797 13 6 Local bodies .. .. 19,766 6 2 35,768 8 7 Cash in hand and in bank at 31st March, 1932 69 10 4 £3,370,077 3 2 £3,370,077 3 2 Interest Account for the Year ended 31st March, 1932. Dr £ a . d. Cr. £ s. d. £ s. d. To Interest on Investments due to Consolidated By Interest on loans to Fund in accordance with section 12 (a), Settlers .. .. , Repayment of the Public Debt Act, 1925— Workers .. .. 3,010 9 A Paid to Treasury .. .. .. 100,952 7 4 Local bodies .. .. 87,621 1 4 In hand at 31st March, 1932 .. .. 45,005 7 4 Overdue at 31st March, 1932 .. .. 28,069 18 7 141,809,12 7 Accrued at 31st March, 1932 .. .. 35,768 8 7 Less overdue and accrued at 31st March, 1931.. 52,556 1 0 209,796 1 10 89,253 11 7 Less overdue and accrued at 31st March, Interest on bank balances .. .. .. 43 18 9 1931 .. 52,556 1 0 Interest on temporary advances to Settlers Branch .. .. •• •• 4,104 3 4 Interest overdue at 31st March, 1932, on loans to — £ s. d. Settlers .. .. 19,517 11 2 Workers .. •. 562 15 I Local bodies .. .. 7,989 12 4 28,069 18 7 Interest accrued at 31st March, 1932, on loans to — Settlers .. .. 15,204 8 11 Workers .. .. 797 13 6 Local bodies .. .. 19,766 6 2 35,768 8 7 £157,240 0 10 £157,240 0 10 E. 0. Hales, Superintendent. State Advances Office, Wellington, 23rd June, 1932. 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. J. H. Fowler, Deputy Controller and Auditor-General.

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