B.—l [PT. IV],

STATE ADVANCES OFFlCE— continued. PUBLIC DEBT SINKING FUNDS BRANCH— continued. Interest Account for the Year ended 31st March, 1933. Dr. Or. To Interest on investments due to Consolidated £ s. d. By Interest on loans to— £ a. d. £ s. d„ Fund in accordance with section 12 (o) Settlers .. .. 47,904 9 11 Repayment of the Public Debt Act, Workers .. .. 2,582 9 8 1925— Local bodies .. .. 85,698 18 0 Paid to Treasury .. .. .. 96,504 15 11 In hand at 31st March, 1933 .. .. 48,305 15 8 136,185 17 7 Overdue at 31st March, 1933 .. .. 37,508 19 2 Less overdue and accured Accrued at 31st March, 1933 .. .. 33,803 2 10 at 31st March, 1932 .. 63,838 7 2 72,347 10 5 216,122 13 7 Interest on bank balances .. .. .. 78 11 11 Less overdue and accrued at 31st March, Interest on temporary advances to Settlers 1932 .. .. .. .. 63,838 7 2 Branch .. .. .. .. 8,545 16 8 Interest on outstanding payments .. .. 0 5 5 Interest overdue at 31st March, 1933, on loans to — £ s. d. Settlers .. .. 27,374 14 8 Workers .. .. 958 15 9 Local bodies .. .. 9,175 8 9 37,508 19 2 Interest accrued at 31st March, 1933, on loans to— Settlers .. .. 13,707 12 6 Workers .. .. 740 17 0 Local bodies .. .. 19,354 13 4 33,803 2 10 £152,284 6 5 £152,284 6 5 E. 0. Hales, Superintendent. State Advances Office, Wellington, 30th June, 1933. 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. ADVANCES OFFICE SINKING FUND ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1933. Liabilities. Assets. Principal received as at 31st March, 1932, with £ s. d. Investment Account—Princi- £ s. d. £ s. d. accumulated interest from— pal owing on loans to— Settlers Branch .. .. .. 2,308,052 18 6 Settlers .. .. 873,721 14 6 Workers Branch .. .. .. 290,446 4 3 Workers .. .. 49,140 13 6 Local Authorities Branch .. .. 415,552 14 0 Local bodies .. .. 369,158 3 4 1,292,020 11 4 3,014,05116 9 Temporary advances to Settlers Branch .. 853,000 0 0 Interest earned for the year Sundry debtors .. .. .. .. 320 12 0 ended 31st March, 1933— £ s. d. Interest overdue on loans to — £ s. d. Settlers Branch .. 88,258 11 7 Settlers .. .. 16,966 3 0 Workers Branch .. 3,987 16 6 Workers .. .. 990 7 2 Local Authorities Branch 8,509 14 3 Local bodies .. .. 2,525 10 3 100,756 2 4 20,482 0 5 Interest accrued on loans to— 3,114,807 19 1 Settlers .. .. 9,963 3 7 Less redemption of loans — Workers .. .. 553 5 2 Settlers Branch .. 485,365 111 Local bodies .. .. 3,099 510 Workers Branch .. 208,091 711 13,615 14 7 Local Authorities Branch 239,812 13 8 Cash in hand and in bank at 31st March, 1933.. 3,494 2 11 933,269 3 6 Total funds as at 31st March, 1933 .. .. 2,181,538 15 7 Weekly rental and instalment collections held pending allocation .. .. .. 1,373 8 10 Sundry creditors .. .. .. .. 1260 Fire Loss Suspense .. .. .. 8 10 10 £2,182,933 1 3 £2,182,933 1 3

20— B. 1 [PT. IV],

153