C—9

14

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Revenue Account for Year ended 31st March, 1930. Dr. £ s. d. Or. £ s. d. £ s. d. To Audit fees .. . . .. .. 700 0 0 By Interest on advances — Commission on sale of properties .. .. 7.1 14 0 Current account .. 102,380 11 0 Depreciation—Plant Account .. .. 248 6 2 Farms, orchards, &c. .. 332,239 13 5 Interest accrued on debentures .. .. 273,509 14 8 Dwellings, business preInterest accrued on advances from Consoli- mises, &c. .. .. 296,749 13 11 dated Fund .. .. .. .. 434,000 0 0 Miscellaneous.. .. 1,880 8 10 Management expenses .. .. .. 39,900 0 0 733,256 7 2 Miscellaneous expenses —Incidental expendi- Interest on surplus funds temporarily invested 23,959 10 3 ture in connection with properties acquired 2,011 15 5 Interest on investment in Public Debt RePrinting and stationery .. .. .. 29b 19 4 demotion Fund .. .. .. 1,061 5 11 Rebates .. .. .. .. 46,929 4 4 Profits on disposal of properties .. .. 900 18 6 Reductions in value of securities, &c. — Profit on disposal of plant, &c. .. .. 145 9 3 Losses written off — £ s. d. Recoveries of losses previously written off .. 285 10 11 Writings off in Suspense 241,108 14 6 Rents and royalties from properties acquired Section 4, Discharged by Crown .. .. .. .. 27,585 15 2 Soldiers Settlement Transfer and production foes .. .. 485 7 0 Amendment Act, 1924 615 12 11 Valuation fees .. .. .. .. 92 7 6 Amount written off capital Balance —Loss for year, carried down .. 301,861 12 6 value of leases under sections 4 and 5, Discharged Soldiers Settlement Amendment Act, 1921-22 465 0 0 Reductions by Dominion Revaluation Board .. 20,681 4 2 Reductions under Deteriorated Lands Act, 1925 .. 318 1 3 Reductions under section 210, Land Act, 1924 .. 5,599 12 8 Remissions under Deteriorated Lands Act, 1925 .. 2,000 8 1 Dominion Revaluation Board remissions . . 9,069 7 11 279,918 1 6 Remissions of rent and interest— Land Board recommendations .. .. 11,775 7 7 Remissions under section 16, Discharged Soldiers Settlement Amendment Act, 1921-22 .. .. 76 2 5 11,851 10 0 Revaluation Board expenses .. .. 59 14 3 Stamp duty on transfer of consolidated stock and management expenses .. .. 234 0 11 Travelling-expenses of Inspectors of Securities, &c. .. .. .. .. .. 368 1 8 Valuation expenses .. .. .. 135 1 11 £1,090,234 4 2 £1,090,234 4 2 £ s. d. To Balance—Loss for year, brought down .. 301,861 12 6 By Transfer from Reserve Account — £ s. d. Balance forward from previous year .. 15,133 13 10 Losses on abandoned properties .. .. 279,918 1 6 Adjustment on account previous years .. 5,375 18 1 Balance —Loss, carried forward .. .. 42,453 211 £322,371 4 5 £322,371 4 5