2

B.—lda,

B.— Peoeit and Loss Account for Twelve Months ending 31st Maech, 1899. Balance at 31st March, 1898 .. .. 67,202 14 8 Net profit on stations.. .. •• v * Land-tax .. 9,736 19 7 Revenue from freeholds and other proUtoeral charges '.'. 4,233 19 11 perties,13,970 19 6 Rent .. .. 5,949 16 8 Interest on debentures .. .. 90,075 010 j Interest .. .. 3. 18 * 01Q Revenue accrued, reversal of entry at 31st March, 1898 2,034 13 4 9,133 17 6 Deduct expenditure on account of properties 2,102 6 9 ■■ ■ jjCJol 1U J Interest, bank agencies 1,131 4 6 Exchange .. .. 0 8 Revenue accrued .. .. ■• 2 . 051 15 3 53,070 6 0 Bank of New Zealand, payment in terms of " Bank of New Zealand and Bank- . '. ing Ao-t, 1895,"— Arrears 1896-1897 .. 24,900 0 1 Payment for 1898 .. 50,000 0 0 . .—- 74,900 0 X Balance 2 3 Total .. ~ .. £173,283 8 4 - (Initialled) A.M. Total £173,283 8 4 • - • ' Contingent Asset. £ s. d. I Amount outstanding at 31st March, 1899, and due by Bank of New Zealand in terms of Act .. .. .. £50,000 0 0 ._ . . ,Z. .. - ". • • W. C. Cuff, Accountant.••

Statement of Receipts and Expenditure for the Year ending 31st March, 1899.

Recei ipts. Expem iture. Capital. Properties sold and purchased ... Live-stock and implements sold and purchased Eedemption of debentures Permanent improvements £ 8. 60,022 11 76,096 15 a. 5 7 £ s. d. £ s. (1. 75 19 6 32,792 10 2 £ s. d. i,119 7 0 75,000 0 0 9,651 2 10 117,519 12 6 General. Interest, &c. Interest on debentures Eent Payment by Bank of New Zealand Maintenance of properties Realisation expenses Land-tax Charges 4,326 1 5,949 16 74,900 0 6 8 1 90,075 0 10 2,102 6 9 2,089 18 6 9,736 19 7 4,233 19 11 85,175 18 3 Stations. Wool and other produce Eent... Sundry receipts and disbursements Wages Miscellaneous... Bush-felling, clearing, and fencing Eepairs Eates and taxes Cost, growing.turnips ... Stock feed Eenewing pastures for grassing ... Eabbiting Interest Manure Accident insurance j 90,565 578 54 2 0 8 7 0 8 26,004 7 11 2,454 19 11 4,622 4 10 11,569 3 1 954 14 10 7,254 16 10 3,724 2 2 4,043 5 10 8,408 2 6 7,367 16 1 9,532 16 0 1,494 9 9 1,357 17 6 8,629 13 10 382 19 9 91,197 11 3 97,801 10 10 I 312,492 16 6 8,951 6 1 Expenditure on permanent improvements charged to capital on account of stations Balance 2,115 6 88,850 4 £ 314,608 2 10 314,608 2 li W. C. Cuff Accountant.