C.—s

LAND FOR SETTLEMENTS ACCOUNT —continued. Balance-sheet as at 31st March, 1939 —continued. Assets —continued.

R. G. Maomokkan, Under-Secretary for Lands. G. I. Beeson, Chief Accountant.

Approximate Cost of Paper.—Preparation, not given ; printing (560 copies), £15.

By Authority: E. V. Patjl, Government Printer, Wellington. —1939. Price 6(L

8

General. ! Cheviot. N& me£t »Sst° W " Hutt Vall6 y- T «to'- £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. 12,053,270 [8 0 346,877 3 9 45,395 4 9 183,765 0 6 12,629,307 17 0 Interest on capital expenditure: Land- 44,449 4 7 .. .. .. 44,449 4 7 development Station accounts, including improvements, 132,097 0 3 .. .. .. 132,097 0 3 live-stock, and equipment Plant and machinery .. .. .. 3,863 0 0 Less depreciation reserve thereon .. 3,334 3 0 528 17 0 .. .. .. 528 17 0 Postponements of rent, interest, &o. — Under Land Act, 1924— Bents, &c., from estates .. .. 8,801 4 2 Instalments: Sales of Crown lands, &c. 152 6 0 Land Laws Amendment Act, 1929: 184 3 5 Bents, &c., Under Mortgagors and Lessees B,ohabilitation Act, 1936 — Bents, &c., from estates .. .. 14,591 12 4 90 0 0 Land Laws Amendment Act, 1929: 244 7 9 Bents, &c. 23,973 13 8 90 0 0 .. .. 24,063 13 8 Sundry debtors for — Bents and royalties from estates .. 162,498 13 2 3,089 10 6 .. 197 14 11 Principal instalments— Buildings: Crown lands .. .. 1,290 1 1 .. 4 13 3 Buildings: Estates .. .. 5,136 3 2 Sales of Crown lands .. .. 11,483 11 8 .. 421 3 2 Sales of settlement lands .. .. 6,251 0 0 .. .. 3,005 7 5 Advances under Deteriorated Lands 38 3 2 Act, 1925 Loans for roading of endowment lands 562 1 3 under section 47, Land for Settlements Act, 1925 Interest on loans for roading of endow- 932 4 I ment lands under section 47, Land for Settlements Act, 1925 Interest on sales of — . Crown lands .. .. . . 141 7 1 Settlement lands .. .. 5,302 13 2 0 0 6 .. 4,246 2 1 Buildings: Estates .. .. 3,311 13 0 Interest on advances under Deteriorated 363 9 5 Lands Act, 1925 Land Laws Amendment Act, 1929 — Bents .. .. .. .. 2,133 12 6 Interest on sales .. .. .. 59171 Interest on advances under sections 7 8,097 8 J and 14 Principal instalments— Sales under section 8 .. 35 2 11 Buildings .. 10 2 2 Mortgages .. .. . . 185 10 3 Insurances, &c. . . .. .. 20 9 8 Departmental .. .. .. 2,178 17 9 57 19 8 Miscellaneous .. .. .. 420 8 10 210,452 9 6 3,147 10 8 426 16 5 7,449 4 5 221,475 1 0 Orakei Block (seo separate balancc-sheet) 33,379 8 2' .. .. .. 33,379 8 2 Interest accrued but not due on— Investments .. .. .. 6,204 15 0 .. .. .. 6,204 15 0 Sales under deferred-payment licenses 5,752 12 11 220 15 9 .. 439 0 0 6,412 8 8 Outstanding losses : Suspense Account— Estates .. .. .. .. 9,279 5 8 .. .. 78 11 7 Land Laws Amendment Act, 1929 .. 1,115 6 6 10,394 12 2 .. .. 78 11 7 10,473 3 9 Development expenditure— Employment Promotion Fund (contra).. 21,729 12 9 .. .. .. 21,729 12 9 Consolidated Fund (contra) .. .. 9,801 8 10 .. .. .. 9,801 8 10 Investments in Publio Debt Bedemption 1,496,025 6 3 3,958 10 2 .. .. 1,499,983 16 5 Fund Consolidated Fund: Proportion of interest 168,489 16 0 .. .. .. 168,489 16 0 on Loan Account Premium on loan conversions .. .. 10,252 0 0 .. .. .. 10,252 0 0 Dairy shares.. .. .. .. 71 0 8 .. .. .. 71 0 8 Land for Settlements Account: General, .. 291,400 9 2 116,321 14 10 .. 407,722 4 0 as per contra Cash .. .. .. .. 182,819 11 9 .. .. 17 17 0 182,837 8 9 Investment Account: Securities held .. 722,945 0 0 .. .. .. 722,945 0 0 £15,132,636 17 (i £645,094 9 6 £162,142 16 0 £191,749 13 6 £16,132,223 16 6