B.—l [PT. IV].

STATE ADVANCES OFFICE —continued. COLD-STORAGE ADVANCES ACCOUNT. Statement op Liabilities and Assets as, at 31st March, 1932. Liabilities. Assets. £ s. d. £ s. d. * s * ' Sundry loans 82,750 0 Ô ' Investment Account — Principal owing by Less loan liability redeemed and mortgagors .. •« •• Josnn n n discharged from Consolidated Temporary advances to .Settlers Branch .. 42,500 0 0 Yund .. .. •• 7,500 0 0 Sinking Fund investments held by Public Debt Redemption Fund .. •• •• *1,235 5 11 75,250 0 0 Interest on mortgages— £ s. d. Less loan liability redeemed by Overdue .. •• a Public Debt Repayment Accrued ~ .. ■ • 39 . r(V , , , Account .. .. .. 1,530 0 0 < ' „ 73,720 0 0 Sundry debtors .. .. •• •• dl Id o Liability to Consolidated Fund in terms of Profit and Loss Account •• •• 13 ' ® section 22, Finance Act, 1926 .. .. 1,530 0 0 Cash in band and 1» bank at 31st March, 1932 .. 74 14 1 Income-tax Suspense Account.. .. .. 54 2 3 Interest on loans — £ s. d. Overdue .. .. ■■ 2,082 18 4 Accrued. •. • • ■ • 217 14 2 i 2,300 12 6 Sinking Fund .. .. . • 646 14 10 ________ £78,251 9 7 j £18,251 9 7 * This amount includes the sum of £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, 1932. Dr. 6 s. d. Cr. £ s - To Management Expenses Account .. .. 115 0 0 By Interest Account—Gross profits .. .. 300 7 9 Income-tax .. .. • • ■ • 54 2 3 Balance —Net profits for the year .. .. 131 5 6 £300 7 9 £30 ° 7 9 £ s. d. £ s - d - To Balance as at 31st March, 1931 .. .. 13,753 10 6 By Net profits for the year .. .. »31 8 6 Balance .. ■■ •• ' o u £13,753 10 6 £13,753 10 6 Interest Account for the Year ended 31st March, 1932. D r £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 2,853 10 6 By Interest on mortgages 1,085 12 2 Less accrued at 31st March, Interest on mortgages— ; , ... .. . iqo ■ . 244 3 5 Overdue at 31st March, 1932 1,112 19 5 2,609 7 1 Accrued at 31st March, 1932 390 I 8 Interest on loans accrued but not due .. 217 .14 2 „ ~ Balance —Gross profits transferred to Profit and Loss Account 300 7 9 Less overdue and accrued at 31st March, 1931 .. 1,500 13 5 1,087 19 10 Interest on bank balances .. .. .. 12 6 Interest on temporary advances to Settlers Branch .. .. • • ■ • 2,038 6 8 £3,127 9 0 £3,127 9 0 Management Expenses Account for the Year ended 31st March, 1932. j) r £ s. d. Cr. £ s- di To Administration expenses 110 0 0 By Balance transferred to Profit and Loss Account 115 0 0 Audit Office services .. .. • • 5 0 0 £115 0 0 £^ 15 0 0 E. 0. Hales, Superintendent. 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 diseased thereby,— J. H. Fowler, Deputy Controller and Auditor-General.

12 —B. 1 [PT IV].

89