27. Statement of Advance Accounts – (Statement No. 15) 28. Statement of Cash and Bank Balances – (Statement No. 16) As in previous years, the verification of the cash and bank balances as  at 31 March 2018 had continued to reveal weaknesses and shortcomings in the reconciliation and monitoring of the accounts  As at 31 March 2018 the total outstanding balance under these  accounts was P1 675 596 251 and credits of P117 663 694 as well as a  system difference of P4 292 100.  A review of balances under this Statement gave rise to the undernoted  observations and comments.  (a) The balance of P1 675 496 251 indicated above included two  items totalling P885 541 752 which I considered not appropriate  to these accounts. An amount of P673 597 322 related to  balance of purchase of shares in De Beers for which the appropriate account of charge is yet to be identified. The  balance of P211 944 430 is in respect of purported loans/advances to be made from Public Debt Service Fund.  (b) After the adjustment of the figures in (a) above, the remaining  balance was P789 954 499. Out of this figure, the balances of  accounts totalling P68 861 304 (9%) were non-moving.  (c) The total amount owed to Government under the Motor Vehicle  and Residential Property Loan Scheme was P8 763 421 in respect  of the Residential Property Scheme and a credit of P860 482  under the Motor Vehicle Scheme. Of these amounts, a total of  P6 391 789 (81%) was non-moving, including P539 353 under the  Motor Vehicle Scheme.  (d) The total credit balance of P117 663 694 should be investigated  for clearance especially with respect to the long outstanding  matter of the Student Advance Loan Scheme balance of P3 272 951 and the Government Sponsorship Loans of P109 997 486 both under the Ministry of Tertiary Education  Research, Science and Technology.  (e) It is over 8 years since the functions of the Ministries of Works and  Communications and of Communications,  Science and Technology were redefined into other Ministries and dropped  from the establishment, and yet they continue to be reflected in  this Statement with outstanding balances.  23 