C.—-4,

8

Balance-sheet as at 31st March, 1925. Liabilities. Assets. Debentures issued under Swamp Land £ s. d. Kaitaia Drainage District—• £ s. d. £ s. d. Drainage Act, 1915.. .. .. 421,000 0 0 Drainage-works .. 137,549 2 3 Public Works Fund —Land Improvement Interest Account (proporvote .. .. .. .. 4,563 19 7 tion chargeable to disConsolidated Fund—Accumulated interest trict) .. .. 33,223 8 8 on amounts expended out of Public — — - - 170,772 10 11 Works Fund .. .. .. 1,922 0 2 Waihi Drainage District— Sundry creditors, for interest on deben- Drainage-works .. 63,795 9 0 tures accrued but not due .. .. 6,988 7 3 Interest Account (proporSundry creditors, for interest on deben- tion chargeable to distures due and unpaid .. .. 418 8 trict) .. .. 14,500 7 5 Sundry creditors—Miscellaneous .. 4,125 8 8 ———— 78,295 16 5 Poukawa Drainage District— Drainage-works .. 2,902 9 7 Interest Account (proportion chargeable to district) .. .. 1,154 10 2 — 4,056 19 9 Hikurangi Drainage District— Drainage-works .. 64,007 12 11 Interest Account (proportion chargeable to district) .. .. 12,986 18 6 76,994 11 5 Mangawai Drainage District — Drainage-works .. 1,872 13 2 Interest Account (proportion chargeable to district) .. .. 256 2 5 2,128 15 7 H arihari Drainage Distric- — Drainage-works .. 4,354 15 1 Interest Account (proportion chargeable to district) .. .. 348 8 9 4,703 3 10 Buildings .. .. .. 2,483 11 1 Plant and machinery .. .. 59,582 011 Loose tools . . .. .. 816 11 7 Live-stock .. .. .. 16S 7 0 Fuel, &c. .. .. .. 2,655 18 9 Stores on hand .. .. .. 2,487 18 2 Sundry debtors —Advances on mortgage .. .. .. 260 0 0 Sundry debtors —Interest on mortgage .. .. .. 3 4 11 Sundry debtors for rent . . .. 4 13 0 Sundry debtors for interest ft on investments .. .. 263 14 0 Sundry debtors — Miscel - I® laneous .. .. .. 60 19 9 Cash in Public Account .. 7,865 17 3 Investment Account .. 25,000 0 0 32,865 17 3 £438,604 14 4 ( £438,604 14 4 J. B. Thompson, Under-Secretary. J. H. O'Donnell, Chief Accountant.

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