9

B.—l TPt. IYI

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Revenue Account for the Year ended 31st March, 1925. Dr. £ s. d. Or. £ s. d. £ g. d. To Interest on debentures, &c. .. .. 873,760 14 9By Interest on advances— Charges and expenses of raising Loans — Current Account .. 160,463 17 2 Proportion written off.. .. .. 11,503 311 Section 2—Farms .. 358,074 1 4 Stamp duty on loans raised .. .. 103 8 8 Section 2 —Dwellings .. 349,853 311 Sinking Fund Reserve .. .. .. 11,705 9 6 Miscellaneous .. 1,711 16 0 Audit fees .. .. .. .. 500 0 0 870,102 18 5 Management expenses .. .. .. 39,366 58 Interest on surplus funds temporarily inPrinting and stationery .. .. .. 29661 vested .. .. .. '.. 12,985 910 Working-expenses of farms acquired by the Interest on purchase price of stock—MataiCrown .. .. .. .. 2,428 1 10 kona Settlement .. .. .. 579 15 II Maintenance of plant .. .. .. 790 9 3 Rent from properties bought in by Crown .. 15,366 710 Rebate of interest .. .. .. 39,729 18 7 Profit from sale of properties and stock .. 1,262 6 9 Remission of interest .. .. .. 2,419 9 6 Sale of farm-produce, &c. .. .. 6,497 14 7 Valuation expenses .. .. .. 1,795 12 9 Transfer and production fees .. ' 934 18 0 Travelling-expenses of Meld Inspectors 2,641 16 2 Valuation fees .. .. .. .. 596 7 6 Rent of Field Inspector's office .. .. 610 0 Sundries .. .. ....78 0 0 Losses on realization of securities—Writings Net loss for year .. .. .. 139,557 18 11 off in Suspense .. .. .. 57,064 2 4 Interest written off —postponements under section 16, Discharged Soldiers Settlement Act, 1921 .. . . .. ..21 15 6 Depreciation Reserve —Plant, &c. .. 999 14 3 Sundries .. .. .. .. 2,828 19 0 £1,047,961 17 9 £1,047,961 17 9 £ s. d. £ s. d. To Net loss for year, carried down .. .. 139,557 18 11 By Adjustment on account of previous year .. 235 810 Loss forward from previous year .. .. 270,908 14 II Balance —Net loss to 31st March, 1925 .. 410,231 5 0 £410,466 13 10 £410,466 13 10 Receipts and Payments Account for the Year ended 31st March, 1925. Receipts. £ s. d. Payments. £ s. d. To Cash in hand, Ist April, 1924 .. .. 237,974 811 To Advances on mortgage— £s. d. £ s. d. Current Account .. 567,747 14 5 Debentures issued .. 22,870 0 0 Section 2—Farms .. 32,522 4 6 Transfers from Stamp Duties Section 2 —Dwellings .. 92,438 16 10 Deposit .. .. 116 19 7 692,708 15 9 — ' 22,986 19 7 Miscellaneous advances .. .. .. 2,059 12 7 Repayment of advances— Plant Account—Purchase of motor-cars, &c. 2,390 10 11 Current Account .. 543,975 7 7 Office requisites .. .. .. 717 6 Section 2—Farms .. 59,169 7 8 Purchase of live and dead stock .. .. 1,215 16 9 Section 2—Dwellings .. 278,150 14 11 Sundry estates —Purchase of stock and Buildings advances .. 125 12 7 working-expenses .. .. .. 5,002 0 8 Miscellaneous advances .. 1,556 7 3 Working-expenses of farms acquired under 882,977 10 0 power of sale.. .. .. 2,369 9 I Property Account — Capital expenditure on proFreehold .. .. 22,021 13 4 perties acquired through Leasehold .. .. 8,299 18 0 exercise of power of — 30,321 11 4 sale— £ s. d. Realization Account .. .. .. 29,181 0 3 Freehold property .. 3,742 510 Sale of farm-produce, &c. .. .. 4,345 910 Leasehold property .. 772 7 4 Sundry estates . . .. .. .. 3,804 8 1 4,514 13 2 Sale of live and dead stock .. .. 9,671 9 3 Instalments on State Advances mortgages.. 228 7 8 Sale of plant .. .. .. . . 293 9 8 Realization Account—Expenses incidental to Suspense Account .. .. .. 3,114 17 10 acquisition of properties .. .. 11,063 11 9 Fire Loss Suspense Account .. .. 11,794 14 I Sundry creditors—Accounts not cleared in Bills receivable.. .. .. .. 232 9 5 Treasury books in previous years .. 5,476 410 Interest on advances— £s. d. Sinking Fund Account—Section 4, Finance Current Account 119,015 5 5 Act, 1919 .. .. .. .. 11,705 9 6 Section 2—Farms .. 178,693 17 7 Interest on debentures .. .. .. 338,048 15 11 Section 2 —Dwellings .. 320,870 9 2 Interest on transfers from the Consolidated Buildings .. • • 208 5 6 Fund .. ...... .. 540,000 0 0 Miscellaneous .. .. 41 19 1 Stamp duty on loans raised .. .. 103 8 8 618,829 16 9 Management charges on stock .. .. 3 3 11 Interest on investments .. .. .. 7,416 5 2 Charges and expenses of raising loans .. 1,500 0 0 Rents and grazing fees .. .. .. 12,804 14 ' Loans repaid .. .. .. .. 4,100 0 0 Valuation fees .. .. .. .. 579 3 0 Vote " Expenses of manageProduction and transfer fees .. .. 947 17 0 ment"— £s. d. Sundries .. . • ■• • ■ 752 12 4 Supervision, management of securities .. .. 39,366 8 8 Expenses of Revaluation Committees .. .. 20,567 11 0 59,933 19 . 8 Fire Loss Suspense Account .. .. 6,699 0 1 Valuation expenses .. . , . . 1,778 3 1 Suspense Account .. .. .. 1,268 17 1 Printing and stationery .. .. . . 296 19 7 Travelling-expenses of Supervisors and Inspectors .. .. .. .. 2,692 8 10 Miscellaneous expenses in connection with properties acquired .through exercise of power of sale .. .. .. 3,331 12 7 Maintenance—Plant and machinery .. 828 3 9 Working-expenses—Tractor .. .. 166 16 8 Audit fees .. .. .. .. 500 0 0 Sundries .. .. .. .. 24 1 1 Balance — Cash, Public Account 31st £ s. d. March, 1925.. .. 6,388 16 9 Imprests outstanding .. 12,361 18 9 Investment Account .. 159,260 0 0 , 178,010 15 6 £1,878,028 16 7 £1,878,028 16 7 2—B. 1 [PT. IY].