0.—9

20

LAND FOR SETTLEMENTS ACCOUNT (DISCHARGED SOLDIERS SETTLEMENT ACCOUNT). Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Capital Account— £ s. d. £ s. d. Land .. .. .. .. 2,025,107 410 Debentures issued .. 3,222,050 0 0 Unpaid purchase price (not yet payable) of Crown lands —Estates 4,776 0 0 land .. .. .. .. 11,291 19 6 3,226,826 0 0 Unpaid purchase price (not yet payable) of Sundry creditors— buildings .. .. .. .. 79,758 3 8 Consolidated Fund—For interest due on Mount Pisa Estate—Stock, chattels, maloans .. .. .. .. 334,015 6 7 chinery, &c. .. .. .. 528 11. 7 Interest accrued but not due on loans .. 11,5.96 4 1 Sundry debtors— £ s. d. Miscellaneous .. .. .. 1,762 2 6 Rents, &c. .. .. 46,450 12 3 Payments in advance — Less reserve for irreRents .. .. .. .. 1,738 12 3 coverable rents .. 1,500 0 0 Principal instalments on buildings .. 158 15 2 44,950 12 3 Principal instalments on sales of lands.. 217 15 1 Principal instalments on buildings .. 3,018 2 9 Amounts charged in advance— Principal instalments on sales of land .. 119 19 3 Rents .. .. .. .. 20,240 15 1 Interest on sales of land .. .. 87 12 9 Interest .. .. .. . . 90 0 0 Interest on purchase price, Mataikona Sinking-fund reserve .. .. .. 27,175 1 8 Estate .. .. .. .. 20,139 9 6 Writings-off in Suspense Account .. 6,148 17 5 Interest on investments .. .. 67 16 2 Reserve for unexpended loading for roads 92,410 18 3 Insurance premiums.. .. .. 2 19 10 Miscellaneous .. .. .. 273 17 11 Bills receivable — Glencoe Settlement drains, &c. .. .. .. 690 0 0 Postponements outstanding— If Rent ■ • . ■ • ■ ■ • 54,084 15 1 instalments on buildings .. 1,379 18 7 Interest on sales .. .. .. 330 12 2 Buildings Suspense Account .. .. 550 0 0 Sinking Fund Account.. .. .. 27,175 1 8 Interest accrued but not due on sales of Qland .. .. . . .. 130 4 9 Losses in Suspense Account .. .. 6,148 17 5 Depreciation in land-values, &c. .. 89,856 19 9 Revaluation Board determinations — Reductions in value of £ s. d. land .. .. 866,796 3 6 Reductions in value of buildings .. .. 9,773 15 2 Rents written off .. 130,644 3 4 Remissions granted .. 47,118 17 10 Revaluation Committee's expenses .. .. 5,990 10 10 — 1,060,323 10 8 Balance of Revenue Account .. .. 225,090 15 6 £ s. d. Cash in Public Account .. 20,414 14 8 Imprests outstanding .. 858 710 Investment Account .. 50,000 0 0 71,273 2 6 £3,722,380 8 1 £3,722,380 8 1 Revenue Account foe the Year ended 31st March, 1926. £ s. d. £ s. d. Administration expenses .. .. 1,898 13 10 Accrued rents, &c. .. .. .. 3,553 8 3 Audit fees .. .. • ■ ■ • 55 0 0 Interest on sales .. .. .. 404 14 0 Improvements to settlements —Vote " Ex- Interest on purchase price Mataikona Settlepenses .. .. .. .. 802 4 3 ment .. .. .. .. 3,601 4 6 Interest on loans .. .. .. 133,176 2 1 Interest on investments.. .. .. 281 13 10 Loss on working of estates .. .. 84 19 2 Balance carried down .. .. .•. 56,469 15 2 Miscellaneous expenses .. .. .. 122 1 10 Rebates .. ■ ■ • • • • 4,886 11 11 Remissions of rents, &c. .. .. 982 0 1 Reserve for irrecoverable rents .. .. 2,303 2 7 £144,310 15 9 £144,310 15 9 £ s. d. £ s. d. Balance brought down .. .. .. 56,469 15 2 Balance carried forward .. .. 225,090 15 6 Balance from previous years .. .. 167,076 4 0 Adjustment on account of previous years— Amounts charged in error to rents written off by Revaluation Board .. .. 1,544 16 4 £225,090 15 6 £225,090 15 6 Receipts and Payments Account for the Year ended 31st March, 1926. Receipts. Payments. Balance at Ist April, 1925 — £ s. d. £ s. d. Expenditure under section 20 (4), Discharged £ s. d. Cash in Public Account 6,571 0 4 Soldiers Settlement Amendment Act, 1923, Imprests outstanding.. 1,060 11 2 in respect of amounts added to capital 7,631 11 6 values .. .. .. .. 6,408 9 9 Receipts from rents, &c. — .. ... 74,325 211 Refunds of revenue .. .. .. 905 17 10 Sales .. .. .. .. 6,220 9 3 Mount Pisa Estate .. .. .. 2,858 7 1 Interest on sales .. .. .. 765 11 5 Administration expenses .. .. .. 2,213 9 4 Miscellaneous receipts .. .. .. 219 16 5 Land for settlement of discharged soldiers — Mount Pisa Estate .. .. .. 3,042 15 0 Vote " Expenses" .. .. .. 1,443 6 7 Interest on securities held by Investment Road access, &c., to settlements .. .. 7,790 4 0 Account .. .. .. i. 687 10 7 Balance at 31st Maroh, 1926 — £ s. d. Cash in Public Account .. 20,414 14 8 Imprests outstanding .. 858 710 Investment Account .. 50,000 0 0 71,273 2 6 £92,892 17 1 £92,892 17 1