B.—l [Pt. IYI.

SWAMP-LAND DRAINAGE ACCOUNT —continued. Balance-sheet as at 31st March, 1924. Liabilities. ] Assets. Debentures issued under Swamp Land £ s. d. Kaitaia Drainage District— £ s. d. £ s. d. Drainage Act, 1915.. .. .. 331,000 0 0 Drainage-works ..124,267 11 2 Public Works Fund—Land Improvement Interest Account (proporvote .. .. .. .. 4,363 19 7 tion chargeable to disSundry creditors, for interest on deben- trict) .. .. 27,430 1 3 tures .. .. .. .. 4 18 7 151,697 12 5 Interest on debentures accrued but not Waihi Drainage District — due .. .. .. .. 5,938 8 8 Drainage-works .. 51,109 10 10 Sundry creditors —Miscellaneous .. 3,953 14 4 Interest Account (proportion chargeable to district) .. .. 8,347 18 5 59,457 9 3 Poukawa Drainage District — Drainage-works .. 2,727 12 2 Interest Account (proportion chargeable to district) .. .. 807 17 9 3,535 9 11 Hikurangi Drainage District— Drainage-works .. 44,923 13 10 Interest Account (proportion chargeable to district) .. .. 5,190 17 9 —— 50,114 11 7 Mangawai Drainage District — Drainage-works .. 1,872 13 2 Interest Account (proportion chargeable to district) .. .. 224 10 5 2,097 3 7 Harihari Drainage District — Drainage-works .. 3,181 1 2 Interest Account (proportion chargeable to works) .. .. 187 15 5 3,368 16 7 Buildings .. .. .. .. 2,535 17 2 Plant and machinery .. .. .. 60,149 17 8 Loose tools .. .. .. .. 735 5 3 Live-stock .. .. .. .. 147 19 0 Fuel .. .. .. . . 2,324 6 2 Stores on hand .. .. .. 3,431 16 11 Sundry debtors for rent .. . . 4 13 0 Sundry debtors—Miscellaneous .. 0 5 0 Cash in Public Account .. .. 5,859 17 8 £345,461 1 2 £345,461 1 2 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant. 11th September, 1924. I hereby certify that the Statement of Receipts and Payments and balance-sheet have been duly examined and compared with the copies of journal entries of the Chief Drainage Engineer, Auckland, submitted for audit, and correctly state the position as disclosed thereby. Certain audit requirements as regards future balance-sheets have been communicated to the Lands Department. —G. F. C. Campbell, Controller and Auditor-General.

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