B.—l [PT. IV

HAURAKI PLAINS SETTLEMENT ACCOUNT —continued. Balance-sheet as at 31st March, 1924. Liabilities. Assets. Debentures— £ s. d. Improved land —• £ s. d. £ s. d. Local Bodies' Loans Act, 1908 .. 31,000 0 0 Handed over to Board Hauraki Plains Amendment Act, 1913 529,000 0 0 for settlement .. 326,885 911 Hauraki Plains— Less sales .. .. 73,504 19 5 Land set apart under the Act .. 45,000 0 0 253,380 10 6 Appreciation in value of lands trans- Unimproved lands not yet disposed of.. 44,474 10 9 ferred to control of Land Board .. 23,905 19 11 Improvements on adjoining Crown lands 7,710 0 0 Public Works Fund— Permanent reserves .. .. .. 8,646 0 0 Expenditure under Land Improve- Works in progress— ment vote .. .. .. 5,070 0 0 Expenditure on land in process of reConsolidated Fund— clamation, including formation and Interest on debentures issued under metalling of roads .. .. 246,325 15 8 Local Bodies' Loans Act, 1908 .. 24,607 9 5 Artesian wells —- Interest accrued but unpaid on deben- Hauraki Plains Crown £ s. d. tures issued under Hauraki Plains tenants .. .. 2,150 9 10 Amendment Act, 1913 .. .. 4,817 12 6 Permanent reserves Consolidated Fund—Liability for rates 163 8 5 and Crown lands .. 169 13 8 Sinking fund reserve .. .. 4,852 19 11 — 2,320 3 6 Sundry creditors .. .. .. 8,480 9 8 Buildings .. .. .. 7,506 15 0 Rates paid in advance .. .. 0 111 Wharves .. .. .. 6,220 0 0 Tram freights paid in advance .. 0 4 9 Machinery and plant .. 69,573 1 0 Suspense Account .. .. .. 126 5 6 Live-stock .. .. .. 327 0 0 Writings off in suspense .. .. 91 2 3 Loose tools .. .. .. 1,489 14 8 Revenue Account balance .. .. 1,314 1 11 Stores and fuel .. .. 4,618 7 0 Sundry debtors for— Rents .. .. 9,458 4 9 Sales .. .. 2,628 10 7 Interest on sales, &c. 172 3 10 Rates .. .. 3,237 4 5 Tram freights .. 466 4 10 Miscellaneous .. 1,978 7 11 17,940 16 4 Postponed rent .. .. .. 1,258 7 0 Writings off in suspense .. •. 91 2 3 Sinking Fund —• In hands of Public Trustee .. 2,176 5 6 Proportion under Public Debt Extinction Act .. .. .. 2,676 14 5 Cash in Public Account .. .. 1,694 12 7 £678,429 16 2 £678,429 16 2 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant. 19th September, 1924. I hereby certify that the balance-sheet and Revenue Account have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that in the opinion of the Audit Office interest charged on uncompleted works should be capitalized, and that lands in respect of which expenditure has been incurred subsequent to date when handed over for settlement should be loaded to cover such expenditure. Certain Audit requirements as regards future balance-sheets have been communicated to the Lands Department. The Revenue Account includes rents due for the period Ist July, 1923, to 30th June, 1924. — 6. F. C. Campbell, Controller and Auditor-General.

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