C.—s

4

LAND FOB SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1929. Liabilities. Assets. Capital— £ s. d. £ s. d. Land— £ s. d. £ s. d. Loan Account .. .. 8,168,965 14 I Leased .. .. 8,484,501 8 4 Crown land included in Unleased .. .. 214,258 5 5 estates .. .. 208.428 0 0 8,698,759 13 9 Sales of Crown lands .. 2,014,959 13 4 Unpaid purchase price (not yet payable)— 10,392,353 7 5 Buildings .. .. 74,895 18 10 Less amount expended in Sales of settlement land .. 415,008 15 8 opening up land for Sales of Crown land. .. 277,691 14 3 settlement .. .. 647,528 1 5 — 767,596 8 9 9,744,825 6 0 Hutt Valley estates — Deposits by lessees of Crown land under sec- Purchases .. .. 162,812 17 1 tion 208, Land Act, 1924 .. .. 7,853 0 3 Roading and incidental Sundry creditors — expenses .. .. 175,927 10 2 Interest on loans — £ s. d. Interest .. .. 36,226 7 5 Due and unpaid .. 1,036 0 0 Accruod but not due .. 64,917 9 3 374,966 14 8 ■ Less receipts, section 11 65,953 9 3 (2) (a) Hutt Valley Interest under section 13, Land Settlement Act, Land Laws Amendment 1925 .. .. 193,866 11 5 Act, 1926 .. .. 7,533 14 1 181,100 3 3 Departmental .. .. 1,165 17 1 Te Wera Estate —Stock, inplcinents, &c. .. 18,881 14 1 Miscellaneous .. .. 940 3 11 Plant and machinery .. .. .. 3,872 10 0 • 75,593 4 4 Furniture .. .. .. .. 27 0 0 Payments in advance — Mechanical office appliances .. .. 23 0 0 Insurance premiums .. 10 2 Sundry debtors — £ s. d. Interest on sales of Crown Rents, <fce. .. .. 74,855 14 7 land .. .. 17 1 8 Less reserve .. .. 2,500 0 0 Interest on sales of settleland .. .. 483 8 2 72,355 14 7 Rents .. .. 4,285 18 4 Interest on sales of Crown Principal instalments on land .. .. 981 18 3 buildings .. .. 160 2 8 Interest on sales of settlePrincipal instalments on ment land .. .. 2,905 12 9 sales of Crown land .. 1,891 0 5 Principal instalments on Principal instalments on buildings .. .. 2,967 2 1 sales of settlement land 2,384 2 5 Principal instalments on 9,222 13 10 sales of Crown land .. 7,180 7 6 Amount held under Reserves and other Lands Principal instalments on Disposal Act, 1927, section 25 (2) —Turakina sale of settlement land 5,067 13 6 Domain .. .. .. .. 317 3 1 Departmental .. .. 3,319 8 1 Rents, &c., charged in advance .. .. 105,256 11 5 Miscellaneous .. .. 3,172 9 6 Depreciation—Reserve, plant, &c. .. .. 1,372 10 6 97,950 6 3 Reserve Account, including unexpended load- Postponements .. .. .. .. 56,501 3 4 ing for roads .. .. .. .. 1,277,640 8 6 Interest accrued but not due— Writings-off in Suspense .. .. .. 7,541 15 4 Investments .. .. 3,447 1 2 Accumulated revaluation losses written off under Licenses under deferredsection 22, Finance Act, 1927 (No. 2), by payment system .. 5,382 10 1 discharge of liabilities — 8,829 11 3 Interest due on liability to Outstanding rents, &c., Suspense .. .. 7,541 15 4 Consolidated Fund for £ s. d. Accumulated revaluation losses, written off loans redeemed .. 32,688 0 0 under section 22, Finance Act, 1927 (No. 2), Consolidated Fund, for as per contra .. .. .. .. 808,185 0 1 loans redeemed .. 115,900 0 0 Investment in Public Debt Redemption Fund 1,091,724 16 0 Reserve .. .. 659,597 0 1 £ s. d. 808,185 0 1 Cash in Public Account .. 32,752 0 3 Imprests outstanding .. 1,512 11 0 Investments Account .. 262,550 0 0 296,814 11 3 £12,037,807 13 4 £12,037,807 13 4 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts.