C.—s.

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1935.

2—C. 5.

3

General. Cheviot. Hutt Valley. Total. m t a £ s. d. £ s. d. £ s. d. £ s. d. To Interest on 403,569 11 6 5,638 8 7 .. 409,208 0 1 Capital from proceeds of Crown lands .. •• in n " " ? 8'477 12 0 Value of Crown lands in estates 8,477 12 0 .. .. 12 0 National Endowment Trust Funds .. .. A'zjd L A " " is'sns n in Cheviot Estate accumulated funds transferred .. .. 18,508 0 10 .. •• '„930 Deposits by lessees under section 208, Land Act, 1924 .. -7„ .. . J™ ,1 .. Capital from Land for Settlements Account .. .. •• 4,973 15 O Sundry charges re Loans— 5 299 0 1Q Expenses of raising loans .. .. •• •• » ±w •• 5 0 8 Stamp duty on transfer of stock .. .. • • j> " ° • • • • ' _ Management charges of New Zealand consolidated stock 360 b 5 .. • • < Proportion of premium on loan conversions .. .. £■> 5o3 U U Administration expenses- 10 970 17 10 968 7 9 156 5 8 12,095 11 3 Snd Laws Amendment Act,' 1929 !! .. .. 1/728 6 0 .. .. 1,728 6 0 from estates .. .. •• •• 23.036 1 3 1,418 2 8 .. 24,454 3 11 Rents and interest: Land Laws Amendment Act, 1929 .. 182 6 - Remissions of rent and interest — ■tg&gaS'r. •• •• ««•» »»« 300182 '»«g J Rents, &c., under Land Laws Amendment Act, 1929 .. 238 Under Mortgagors and Tenants Relief Act, 1933— 11,458 2 11 Rents, &c., from estates .. •• •• •• 10 . 9 04 6 . 553 1b 9 .. t " Rents, &c., under Land Laws Amendment Act, 1929 .. 74 3 < Under Deteriorated Lands Act, 1925 Irrecoverable rents, &c transferred to Suspense Account- 701 19 1 13,461 19 0 Rents, &c., from estates .. •• • • •• 9 Lvt A A 715 0 6 Rents, &c., under Land Laws Amendment Act, 1929 .. 715 0 o Annual Appropriation : Vote, Land for SettlementsExpenses— £ B - es .. :: :: :: ««« Travelling-expenses .. • • 4b b b Compensation for injuries on develop- 505 19 J ment works Miscellaneous .. •• 2 346 16 11 .. •• 2,346 16 11 193 17 0 • • 193 17 0 Depreciation of plant, &c. .. • • •• " 358 6 9 1,144 12 6 Miscellaneous expenses incidental to estates . . J s qd.fi' 1 1 8*946 1 I Interest on Cheviot Estate fixed capital (see contra) .. •• l'o70 6 4 ',899 4 3 2'969 10 7 Balance carried down . ■ • • ■ • • • ' ' ' * £696,832 13 11 £18,936 5 7 £8,290 3 11 £724,059 3 5 £ s. d. £ s. d. £ s. d. £ s. d. , „ 81 317 1 1 •• 81,317 1 1 To Balance brought forward .. •• •; " ōl '° " 1 899 4 3 1,899 4 3 Transfer to Profit and Loss Appropriation Account .. • • 6 4 ' 1,070 6 4 Transfer to reserves . . .. • • • • ■ • ' £81,317 1 I £1,070 6 4 £1,899 4 3 £84,286 11 8 Cr - £ s d. £ s. d. £ s. d. £ s. d. By Rents and royalties— 511 249 13 4 18.496 10 7 205 17 4 529,952 1 3 Estates .. •• •• •• *• _' „ o cot 17 9 Land Laws Amendment Act, 1929 .. •• •• 2,632 Interest on sales— 15 151 12 10 304 8 0 6,497 8 10 21,953 9 8 Estates •• •• •• * * io o 64Q 19 2 Land Laws Amendment Act, 1929 .. • • ■ • Interest on capital expenditure— £ d - TeWera Estate .. •• •• 3,960 18 8 Hutt Valley s 10 Brinklands Estate .. .. •• 5 10 Land development .. .. •• 4,/b» 13,881 12 7 .. •• 13,88112 7 Interest on advances— £ d - Land Laws Amendment Act, 1929 .. 8,253 15 1 Deteriorated Lands Act, 1925 .. 596 8 850 1 7 •• •• 8,850 1 7 Interest on loans for roading of endowment lands under section 47, Land for Settlements Act, 1925— £ s. d Wanganui River Trust Endowment .. 95 10 10 Otago University Endowment .. 263 14 * 359 5 6 .. • • 359 5 6 2 719 16 1 •• •• 2,719 16 1 Interest on investments .. •• ,'' en'oin 19 fi 135 7 0 51 075 19 6 Interest on investments in Public Debt Redemption Fund 50,940 2 0 135 7 0 .. 'noil 0 Valuation fees, sections 7 and 14, Land Laws Amendment 119 11 0 Act, 1929 14 9 5 .. .. 14 9 5 Miscellaneous " " s <146 1 1 .. .. 8,946 1 1 Interest on Cheviot Estate (see contra) .. •• >• 1,586 17 9 1,586 17 9 Gross profit on trading .. •• •• 81 317 1 1 •• ■■ 81,317 1 1 Balance carried down ■ • • • • • • • L £696,832 13 11 £18,936 5 7 £8,290 3 11 £724,059 3 5 £ s. d. £ S. d. £ s. d. £ s. d. , . , 1.070 6 4 1,899 4 3 2,969 10 7 By Balance brought forward e" . U n 1« 11 1 140 16 11 Adjustment previous year : Accrued interest on loans for 1,140 16 11 roading of endowment lands under section 47, Land tor Settlements Act, 1925 80 176 4 2 .. •• 80,176 4 2 Transfer from reserve • • ■ • • • ■ • ; £81,317 1 1 £1,070 6 4 £1,899 4 3 £84,286 11 8