C—s.

LAND FOR SETTLEMENTS ACCOUNT— continued. Balance-sheet as at 31st March, 1931.

4

Liabilities. ... ... ._ Assets. — .. «enera.. | Cheviot. | H^™ QW " \ Total. | General. Cheviot. T ° tal - ! Loan capital — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. j Land Account — £ s, d. £ s. d. £ s. d. £ s. d. 3 percent. .. 69,165 0 0 Estates leased .. .. .. 10,505,474 16 9 385,193 9 1 3| „ .. 1,157,947 5 11 .. 160,918 0 0 Estates unlet .. .. .. 185,916 5 .8; . 325 0 0 _ ... 3| .. 530,425 0 0 4 .. 7,253,276 13 4 , 10,691,391 2 5 : 385,518 9 1 .. 11,076,909 11 6 4i .. 1,786,539 12 3 ; | £419s. 5-88d per 33;740 9 5 Estates in course of acquirement.. j 1,378 0 0 .. .. 1,378 0 0 cent. Land Laws Amendment Act. 1929 — j 5 percent. .. 159,380 0 0 Leased .. ..' .. I 9,010 0 0 5J .. 1,500 0 0 • • Unlet .. .. .. 4,340 0 0 5i „ .. 193,700 0 0 j — 5J „ .. 953,930 0 0 I 13,350 0 0 .. .. 13,350 0 0 6 „ .. 24,300 0 0 — 12,163,904 0 11 Unpaid purchase-price not yet payLess reduction, Finance Act 1,138,600 0 0 able — No. 2, 1927 Crops .. .. .. 272 0 9 : ' Buildings .. .. .. 145,396 18 11,025,304 0 11 Sales of settlement land .. 555,943 16 0 5,937 10 0 Crown lands included in estates .. 210,140 0 0 j Sales of Crown land .. .. 335,578 18 4 .. 79,683 16 11 Sales of Crown land .. .. 2,170,938 6 3 1 ; -' 1,037,190 16 9 5,937 10 0 79,683 16 11 j 1,122,812 3 8 13,406,382 7 2 Less amount expenses in opening 647, 528 1 5 Hutt Valley estates — up Crown land j •■ Purchases .. .. .. 164,715 11 9 12,758,854 5 9 160,918 0 0| .. 12,919,772 5 9 Roading and incidental expenditure 218,007 3 1 : Interest .. .. .. 49,477 9 2 Accumulated funds — 432,200 4 0 Cheviot Estate.. .. .. .. 463,388 2 1 .. 463,388 2 1 Less receipts under section 11 256,712 19 3 National Endowment Trust .. .. • .. 127,679 18 2 127,679 18 2 (2a), Hutt Valley Land Settle-- - ! Deposits by lessees under section 208, 8,362 12 3 .. .. 8,362 12 3 ment Act, 1925 175,487 4 9 .. .. 175,487 4 9 Land Act, 1924 : J Sundry creditors — Farm accounts — . Interest on capital from proceeds 7,532 0 11 j Mataikona .. .. .-. • ■ 99 3 1 of Crown land Te Wera .. .. .. 105,903 5 3 Interest on loans accrued but not 108,993 1 10 I 1,373 6 3 Brinklands .. .. ■• .. 15,946 6 3 due 1 Departmental .. .. .. 1,474 14 0 I . ' 121,948 14 7 .. .. 121,948 14 7 Miscellaneous .. .. .. 608 8 7 Turakina Domain .... 317 3 1 Plant and machinery .. .. -3,885 00 .. .. 3,885 0 0 : Advances under Deteriorated Land Act 12,071 8 0 .. .. 12,071 8 0 118,925 8 5 1,373 6 3 ..■ 120,298 14 8 Debtors' interest on advances under -544 3 7 .. .. 544 3 7 — Deteriorated Land Act Interest on loans due and unpaid .. 1,571 2 10 .. .. 1,571 2 10' Land Laws Amendment Act, 1929 — ■ • Land Laws Amendment Act, 1929, Advances to settlers .. .. 18,507 13 .. .. 18,507 1 3 section 8— Debtors for interest on advances .. j 268 18 5 .. - .. 268 18 5 Crown lands .. .. .. 8,021 6 6 - Advances for development of un- ;■ : National Endowment Account .. 1,095 4 2 occupied Crown and settlement .-.-,-■■ lands — . 9,116 10 8 .. .. 9,116 10 8 Crown lands— .•■-. Expenditure on improvements 45,881 2 1 Discharged Soldiers Settlement Ac- 2,118 11 3 .. .. 2,118 11 3 Expenditure on equipment .. 7,193 16 8 count —Advances Expenditure on stock .. 309 1 9