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DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Revenue Account for the Year ended 31st March, 1928. Dr. £ s. d. Cr. To Interest on debentures .. .. .. 326,051 010 By Interest on advances— £ s. d. £ s. d. Interest on advances from Consolidated Fund 540,000 0 0 Current Account .. 135,875 18 9 Stamp duty on transfers of consolidated stock 85 18 5 Section 2, Farms Account 319,306 0 11 Management charges on consolidated stock .. 157 19 3 Section 2, Dwellings AcAudit fees .. .. .. .. 500 0 0 count .. .. 321,404 10 4 Management expenses .. .. .. 39,876 4 0 Miscellaneous .. .. 59 311 Printing and stationery .. .. .. 296 9 2 — 776,645 13 11 Incidental expenses in connection with pro- Interest accrued under section 20 (3), Disperties acquired by the Crown .. .. 3,384 7 5 charged Soldiers Settlement Amendment Remissions of interest and rent .. .. 7,308 2 3 Act, .1923 .. .. .. .. 1,892 5 4 Rebates of interest and rent .. .. 42,892 8 2 Interest on value of buildings loaded on Valuation expenses .. .. .. 122 1 1 leases .. .. .. .. 946 4 8 Travelling-expenses of Inspectors of Sccu- Interest on surplus funds temporarily invested 33,013 14 0 rities, &c. .. .. .. .. 363 19 9 Interest on transfers under the Public Commissions on sales of properties, cSc. .. 457 0 3 Revenues Act, 1926 .. .. .. 5,635 8 2 Depreciation Reserve—Plant, &o. .. .. 793 11 10 Interest on'amount invested in Public Debt Interest written off —Postponements under Redemption Account .. .. .. 1,618 14 1 section 16, Discharged Soldiers Settlement Interest on purchase price of stock on MataiAmendment Act, 1921-22 .. .. 281 16 6 kona Settlement .. .. .. 670 15 1 Losses on realization of securities —Writings- Rents from properties bought in by Crown .. 26,594 17 2 off in Suspense .. .. .. 315,890 16 7 Profits from sales of properties, etc. .. 1,578 15 3 Losses written off under authority of section 4, Transfer and production fees .. .. 595 6 0 Discharged Soldiers Settlement Amendment Valuation fees .. .. .. .. 116 1 6 Aot, 1924 .. .. .. .. 1,080 8 8 Miscellaneous .. .. .. .. 413 9 1 Reduction in capital value of lease issued Net loss for year carried down .. .. 1,220,243 19 10 under section 4, Discharged Soldiers Settlement Amendment Act, 1921-22 .. .. 300 0 0 Reduction in capital value under section 216 of the Land Act, 1924 .. .. .. 1,536 7 0 Reductions of mortgages under section 6 (1) of the Deteriorated Lands Act, 1925 .. 29,173 11 9 Remissions of rent and interest under section 6 (1) of the Deteriorated Lands Act, 1925.. 9,413 1 8 Reserve for losses on abandoned properties, &c, on hand at 31st March, 1928 .. 750,000 0 0 £2,069,965 4 7 £2,069,965 4 7 £ s. d. £ s. d. To Net loss for year brought down .. ..1,220,243 19 10 By Adjustment of previous year's account .. 8,137 8 5 Bala.nce—Nct loss, 31st March, 1928 ..1,212,106 11 5 £1,220,243 19 10 £1,220,243 19 10 Balance-sheet as at 31st Maech, 1928. Liabilities. A ssets. Capital Account — £ s. d. £ s. d. Advances on mortgage— £ s. d. £ s. d. Securities issued .. 5,891,955 16 8 Current Account .. 2,575,311 14 4 Transferred from Con- Section 2, Farms Account 6,180,853 15 5 solidated Fund ..11,900,000 0 0 Section 2, Dwellings AcRedemption from Depre- count .. .. 6,136,899 18 0 ciation Fund Account.. 45,060 0 0 14,893,065 7 9 17,837,015 10 8 Land loased under sections 4 and 5, Disinterest on debentures accrued to 31st March, charged Soldiers Settlement Amendment but not payable on that date .. .. 101,990 4 5 Act, 1921-22 .. .. .. .. 358,501 0 0 Consolidated Fund, for interest unpaid on Unpaid purchase price (not yet payable) of amount transferred from Consolidated Fund 220,000 0 0 buildings on Crown properties .. .. 17,231 11 10 Interest due and unpaid on debentures .. 1,988 0 0 Sundry advances merged with value of Crown Sundry creditors—Payments in advance .. 7,046 11 10 lands, &c. (section 20 (3), Discharged Soldiers Land for Settlements Account—Accrued in- Settlement Amendment Act, 1923) .. 40,365 11 1 tcrest on purchase-money, Mataikona Estate 28,149 0 3 Property Account;— Proper creditors for — £ s. d. ties acquired by Crown— £ s. d. Miscellaneous sorvicos .. 5,012 1.0 9 Freehold .. .. 375,683 16 8 Advances from State Ad- Leasehold .. .. 255,240 12 2 vanoes Office on pro- . 630,924 8 10 perties acquired by Realization Account—Properties in course of Crown .. .". 7,654 7 2 realization .. .. .. .. 451,389 12 7 12,666 17 11 Sundry estates—Live and dead stock .. 27,906 13 7 Carried forward .. .. 18,206,806 11 1 Carried sorward .. .. .. 16,419,384 5 8