7

C.—5

LAND FOR SETTLEMENTS ACCOUNT-continued. Balance-sheet as at 31st March, 1936. Liabilities.

J General. | Cheviot. Hutt Valle yLoan capital— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 3 per cent. . . 429,800 0 0 34 per cent. .. 4,863,133 5 11 .. 160,918 0 0 3f per cent. .. 364,150 0 0 4 per cent. .. 5,444,779 3 11 4J per cent. .. 37,739 12 3 5 per cent. . . 118,520 0 0 5J per cent. .. 1,500 0 0 5| per cent. .. 19,580 0 0 Funded, debt, £4 33,446 6 11 19s. 5-88d. Debentures not con- 200 0 0 verted 11,312,848 9 0 Crown lands included in estates .. 211,940 0 0 Sales of Crown land . . . 2,528,886 3 5 14,053,674 12 5 Less amount expended in opening up 425,473 1 10 Crown lands 13,628,201 10 7 160,918 0 0 .. .. 13,789,119 10 7 Accumulated funds— Cheviot Estate .. .. .. .. 463,353 15 4 .. .. 463,353 15 4 National Endowment Trust .. .. .. .. j 121,830 17 10 .. 121,830 17 10 Deposits by lessees under section 208, 9,738 5 7 .. .. .. 9,738 5 7 Land Act, 1924 Sundry creditors — Interest on capital from proceeds of 78,745 1 2 sales of Crown lands Interest on loans due and unpaid . . 52 0 4 Turakina Domain . . .. . . 317 3 1 Departmental .. .. .. 3,185 18 9 Miscellaneous .. .. .. 9,470 3 II 91,770 7 3 .. .. .. 91,770 7 3 Interest on loans accrued but not due .. 106,276 5 4 1,373 6 3 .. .. 107,649 11 7 Hutt Valley estates — Purchases .. .. .. .. .. .. 164,760 11 9 Reading and incidental expenses .. .. j .. .. j 228,173 4 4 Interest . . . . .. .. . . . . I . . 76,080 5 8 469,014 1 9 Less deductions section 11 (2a), .. ... 325,574 14 5 Finance Act, 1932 1 — 143,439 7 4 143,439 7 4 Railway Improvements Authorization Act, .. .. .. 1,014 14 I 1,014 14 l 1914 : Interest on capital Land Laws Amendment Act, 1929 — Land subject to section 8— Crown Lands Account . . . . 35,592 7 1 National Endowment Account .. | 8,711 10 2 Primary Education Endowment Ac- 177 19 I j count ; 44,481 16 4 .. , . .. 44,481 16 4 Discharged Soldiers Settlement Account — Merged interests under section 20, Discharged Soldiers Settlement Amendment Act, 1923 — Principal .. .. .. 4,051 .19 9 Instalments . . . . . . 98 0 6 4,150 0 3 .. .. .. 4,150 0 3 Payments in advance — Rents, Sc., on estates .. .. 3,580 6 0 543 12 8 .. 37 0 2 Principal instalments —Sales of Crown 3,343 17 8 .. 2 4 4 land Interest on advances under Deterio- 17 17 4 rated Lands Act, 1925 Land Laws Amendment Act, 1929 . . 69 2 10 7,011 3 10 543 12 8 j 2 4 4 37 0 2 7,394 1 0 Rents charged in advance .. . • j 129,027 9 0 5,158 19 7 .. 3 10 0 134,189 18 7 Suspense Account: Deteriorated Lands 733 10 2 .. .. .. 733 ]o 2 Act, 1925 Suspense Account: Buildings . . .. 333 3 1 . . . . . . 333 3 1 Writings-ofi in Suspense .. . . 13,381 1 8 .. .. 382 6 6 13,763 8 2 Reserve for capitalized interest on land- 29,024 4 5 .. .. j .. 29,024 4 5 development schemes Reserve Account, including unexpended 739,363 10 8 8,284 4 0 . .. .. 747,647 14 8 loading for roads, &c. Unemployment Fund capital .. .. 10,747 18 11 .. .. j .. 10,747 18 11 Profit and loss Appropriation Account .. .. .. : 123,706 9 1 123,706 9 1 Cheviot Estate Account (as per contra) .. 280,614 5 8 .. .. .. 280,614 5 8 National Endowment Trust Account (as 75,313 7 1 .. .. .. 75.313 7 1 per contra) -I £15,170,167 19 10 £639,631 17 10 £121,833 2 2 £268,583 7 2 £16,200,216 7 0