B.—l [Pt. IV].

HAURAKI PLAINS SETTLEMENT ACCOUNT. Revenue Account fob the Year ended 31st March, 1941. Dr. £ Or. £ Interest on capital .. .. .. .. 20,123 Accrued rents .. .. .. .. .. 4,957 Kaihere Ferry (net cost of operating) .. .. 141 Accrued interest on sales of land, &c. .. .. 2,448 Administration expenses .. .. .. .. 325 Transfer from Suspense Account .. .. .. 1 Remissions of rent .. .. .. .. 71 Hire of plant .. .. .. .. .. 3 Remissions of interest .. .. .. .. 142 Transfer to works in Progress Account .. .. 205 Rebates .. .. .. .. .. 550 Net loss carried down .. .. .. .. 14,061 Irrecoverable rents, &c. .. .. .. .. 308 Premiums on conversion .. .. .. .. 15 £21,675 £21,675 £ £ Net loss brought down .. .. .. .. 14,061 Balance carried forward .. .. .. .. 378,575 Balance from previous year .. .. .. 364,514 £378,575 £378,575 Rate Account for the Year ended 31st March, 1941. Dr. £ Or. £ Maintenance of completed works .. .. .. 2,237 Balance at Ist April, 1940 .. .. .. .. 1,086 Remissions of rates .. . . .. .. 465 £ Balance at 31st March, 1941 .. .. .. 445 Rates levied .. .. .. .. 2,031 Penalty on 1939-40 rates .. .. .. 30 2,061 £3,147 £3,147 Balance-sheet as at 31st March, 1941. Liabilities. L Assets. Capital Account — £ £ Improved lands handed over to Land Board £ £ Public Works Fund .. .. 830,667 ! for settlement— Less redemptions during year .. 665,000 ! Leased .. .. ■■ •• 95,254 165,667 ; Unleased .. .. •• •• 897 Value of Crown land set apart under Act .. 45,000 Unpaid purchase-money for land sold on Transferred from Discharged Soldiers Settle- deferred payment .. . . .. 45,488 ment Account .. .. • • 405 Unpaid purchase-money for buildings sold on 211,072 | deferred payment ■ .. .. 55 Employment Promotion Fund: Capital .. .. 10,084 141,694 Consolidated Fund: Capital .. .. •• 6,112 Unimproved value .. •• •• .. 14,755 Sundry creditors' — £ Improvements on adjoining Crown lands .. .. 7,710 Miscellaneous .. .. .. •• 2,987 Works in progress: Expenditure on land Departmental .. .. . • •• 2,400 in course of reclamation, including for- £ 5,387 mation, metalling of roads .. .. 685,782 Rent charged in advance .. .. .. ■■ 1,069 Less amount written off .. .. 665,000 Rate Account .. .. • • • • • ■ 445 20,782 Payments in advance — £ Capital expenditure—■ Rent . .. .. 565 Employment Promotion Fund .. .. .. 10,084 Instalment of principal on deferred-payment Consolidated Fund .. .. .. .. 6,112 sales .. • ■ • • • • 17 Artesian wells — £ Instalment of interest on deferred-payment Crown tenants .. .. 116 sales .. . • • • • • 129 Crown lands .. .. .. • • 217 Rates .. .. . • • • • • 4 — 333 715 Buildings .. .. .. •• •• 2,118 Writings-off in Suspense .. . ■ • • • • 398 Wharves .. .. . ■ .. .. 50 Treasury Adjustment Account .. .. ..376,558 Machinery, plant, and tools .. .. .. 10,709 Live-stock .. .. .. .. • • 1 Stores .. .. .. •■ ■ • • ■ 9,612 •Sundry debtors— £ Rent .. .. .. . • ■ • 234 Rates .. .. .. • • ■ ■ 2,163 Instalment of principal on deferred-payment sales.. .. .. .. •• 3 Interest on well-boring .. .. .. 103 Interest on deferred-payment sales .. 5 Tram freights .. .. ■ • • • 6 Law-costs .. .. ■ ■ • • 63 Grazing .. •• •• 11 Miscellaneous .. .. . ■ .. 5,556 Departmental .. .. .. .. 5 8,149 Postponed rent — Land Act, 1924 . . .. .. 17 Mortgagors and Lessees Rehabilitation Act, 1936 .. .. ■■ 44 — 61 Cash in transit .. .. . • .. .. 101 Losses in Suspense .. .. ■ • • • 398 I Interest accrued but not due .. .. .. 567 Premiums on conversion .. .. .. .. 29 Revenue Account .. .. .. .. .. 378,575 £611,840 £611,840 R. G. Macmorran, Under-Secretary for Lands. G. I. Bbeson, Chief Accountant. I hereby certify that the Rate Account, the Revenue Account, and the Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV]. —Cyril Collins, Controller and Auditor General.

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