C.—s

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1933.

2—C. 5,

3

General. Cheviot. Hutt Valley. Total. Dr. £ s. d. £ s. d. £ s. d. £ s. d. To Interest on— Loans .. .. .. .. .. .. 446,620 11 11 5,632 2 7 .. 452,252 14 6 Capital from proceeds of sale of Crown lands .. .. 74,120 9 10 .. .. 74,120 9 10 Value of Crown lands in estates .. .. .. 8,477 12 0 .. .. 8,477 12 0 National Endowment Trust Funds .. .. •• 1,872 15 9 .. . • 1,872 15 9 Cheviot Estate accumulated funds transferred .. .. 18,508 0 10 .. ■■ 18,508 0 10 Deposits by lessees under section 208, Land Act, 1924 .. 292 13 5 .. .. 292 13 5 Capital from Land for Settlements Account .. .. .. .. 5,726 2 2 5,726 2 2 Administration expenses .. .. .. . ■ 6,288 8 6 738 14 3 196 2 1 7,223 4 10 Administration expenses, Land Laws Amendment Act, 1929 2,407 8 6 .. .. 2,407 8 6 Rebates: Rent and interest .. .. .. •• 17,364 4 0 1,190 18 6 .. 18,555 2 6 Remissions of rent and interest .. .. .. 113,180 16 8 336 7 10 .. 113,517 4 6 Irrecoverable rents, &c., transferred to Suspense Account .. 6,275 II 1 .. 3,040 19 3 9,316 10 4 Charges and expenses of raising loans .. .. .. 2,258 12 4 .. .. 2,258 12 4 Management charges of New Zealand consolidated stock .. 720 14 2 .. .. 720 14 2 Stamp duty on transfer of stock .. . • • • 8 5 10 .. .. 8 5 10 Land for settlements —Vote expenses — £ s. d. Audit fees .. .. .. ■ ■ 250 0 0 Compensation for injuries.. .. .. 596 9 8 Salaries .. .. .. ■ ■ 787 10 0 Preliminary expenses .. .. .. 71 0 10 Travelling-expenses .. .. .. ; 172 13 3 Miscellaneous .. .. .. .. 735 6 10 — 2,613 0 7 .. .. 2,613 0 7 Depreciation of plant .. .. ,. • • 179 18 0 .. •. 179 18 0 Miscellaneous expenses incidental to estates .. .. 48 17 9 .. 298 1 1 346 18 10 Interest on Cheviot Estate fixed capital (see contra) .. .. 8,199 7 2 .. 8,199 7 2 Gross loss on trading .. .. .. ■■ •• •• 13,475 4 11 13,475 4 11 Balance carried down .. .. .. .. .. •• 3,407 6 10 .. 3,407 6 10 £701,238 1 2 £19,504 17 2 £22,736 9 6 £743,479 7 10 £ s. d. £ s. d. £ ' s. d. £ s. d. To Balance brought forward .. .. •• 84,171 15 3 .. 14,312 5 3 98,484 0 6 Adjustment previous year (interest, section 5, Land Laws 2,001 8 7 .. .. 2,001 8 7 Amendment Act, 1912) Adjustment previous year (miscellaneous expenditure) .. .. .. 297 3 7 297 3 7 Transfer of reserve .. .. .. •• •• 3,407 6 10 .. 3,407 6 10 £86,173 3 10 £3,407 6 10 £14,609 8 10 £104,189 19 6 Cr £ s. d. £ s. d. £ s. d. £ s. d. By Rents, &c. .. .. •• ■■ •• •• 507,119 7 5 19,049 12 5 174 15 0 526,343 14 10 Interest on sales, &c. .. .. .. .. • • 34,561 9 11 330 2 0 8,249 9 3 43,141 1 2 Interest on capital expenditure — £ s. d. TeWera .. .. .. •• 5,660 16 10 Hutt Valley .. .. .. .. 5,726 2 2 Brinklands .. .. • • • • 702 19 7 Land development .. .. .. 434 7 6 12,524 6 1 .. .. 12,524 6 1 Interest on investments .. .. .. 4,673 18 5 .. .. 4,673 18 5 Interest on investments in Public Debt Redemption Fund .. 49,441 5 9 125 2 9 .. 49,566 8 6 Valuation fees, sections 7 and 14, Land Laws Amendment 395 17 0 .. .. 395 17 0 Act, 1929 , „ Miscellaneous .. .. . • • ■ • • 150 14 .2 .. .. 150 14 2 Interest on Cheviot Estate: Fixed capital (see contra) .. 8,199 7 2 .. .. 8,199 7 2 Balance carried down .. .. .. .. .. 84,171 15 3 .. 14,312 5 3 98,484 0 6 £701,238 1 2 £19,504 17 2 £22,736 9 6 £743,479 7 10 £ s. d. £ s. d. £ s. d. £ s. d. By Balance brought forward .. •• •• •• 3,407 6 10 .. 3,407 6 10 Transfer to Profit and Loss Appropriation Account .. .. .. 14,609 8.10 14,609 8 10 Transfer to reserve ., .. .. •• 86,173 3 10 .. 86.173 3 10 £86,173 3 10 £3,407 6 10 £14,609 8 10 £104,189 19 6