B.—l [PT. IV], SUP. TO 1936.

PUBLIC TRUST OFFICE —continued. Balance-sheet of the Public Trust Office as at 31st March, 19.36. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Amounts held in Common Freehold and leasehold premises and sites .. 411,775 0 10 Fund for sundry estates Furniture and plant, &c. .. .. .. 38,706 6 0 and funds .. .. 24,480,143 4 8 Stationery and stores, &c. .. .. .. 4,765 19 2 Amounts held for special Stocks, bonds, and debeninvestment on behalf of tures (book value) — £ s. d. certain funds, but not yet Government securities .. 3,491,100 0 0 invested .. .. 259,069 19 9 Less reserve for preAmounts specially invested miums and discounts on behalf of certain on conversion or estates and funds .. 11,761,298 9 5 purchase .. .. 2,224 12 2 36,500,511 13 10 3.488,875 7 10 Sundry creditors, including Fixed deposits .. .. 14,742 9 6 accounts passed for pay- Local bodies'debentures.. 7,106,076 14 11 ment, but not yet paid .. .. 176,564 7 10 Less reserve for preReserve in respect of ex- miums and discounts enemy property moneys 20,028 3 9 on conversion or Special reserve for securities 70,179 0 4 purchase .. .. 212,905 17 0 General Legal Expenses ——* —— 6,893,170 17 11 Account .. .. 7,838 14 0 Mortgages, &c. (book value) 12,174,042 6 8 Investment Fluctuation Ac- Less reserve .. .. 100,810 111 count .. .. 70,135 16 8 12,073,232 4 9 168,181 14 9 Advances for protection of Assurance and Reserve Fund .. .. 413,715 16 1 securities acquired or in Profit and Loss Appropriation Account .. 2,709 12 8 possession, &c. .. .. 70,179 0 4 Properties acquired (book value) .. .. 209,703 19 6 Less reserve .. .. 15,854 18 8 : 193,849 0 10 Advances (on overdraft) to estates and accounts (book value) .. 582,050 6 2 Less reserve .. .. 2,788 8 5 579,261 17 9 Interest and rent accrued, due, and overdue — Interest accrued up to 31st March, 1936, but not yet due, and interest overdue .. .. 480,975 0 7 Rent due or accrued .. 356 4 8 481,331 5 3 Sundry debtors .. .. . . . . 39,962 11 2 Cash in hand, on current account and on deposit in New Zealand and London .. .. 1,176,150 2 8 Investments of reserve for mortgages —Mortgages, &c. .. .. . . .. 34,382: 11 9 Special investments (book value) held on behalf of certain estates and funds— £ s. d. Government securities .. 3,182,281 14 11 Rural Advances bonds .. 2,186,132 15 0 Mortgage Corporation of New Zealand stock .. 130,000 0 0 Local bodies' debentures 1,593,263 2 7 Private debentures and shares .. .. 16,285 4 I Realty and leasehold .. 1,878 18 10 Fixed deposits .. 2,473 14 0 Mortgages .. .. 4,507,122 7 10 Mortgage securities acquired .. .. 27,344 13 7 Financial assistance to mortgagors .. .. 126 16 10 Loans .. .. 6,161 14 11 Savings-banks accounts .. 6,356 2 7 Overdue interest on special investments.. .. 101,871 4 3 — — 11,761,298 9 5 £37,261,683 5 2 £37,261,683 5 2 E. 0. Hales, Public Trustee. F. Menneer, Chief Accountant. I hereby certify that the balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. P. C. Campbell, Controller and Auditor-General.

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