13.—1 [PT. IV]

SWAMP LAND DRAINAGE SCHEMES—continued Balance-sheet as at 3Lst March, 1943 Liabilities 4 ssets Capital Account £ £ £ Kaitaia Drainage Area— £ £ Loan capital . . .. . . . . 498,320 Allocated cost of work on which rates are Less Loans Redemption Account 61 levied Less Land for Settlements Account 402 Rural subdivision .. .. .. 60,000 523 Town subdivision . . . . , . 8,200 497,797 68 2 ()0 Reserve : Repayment of capital costs Excess cost of works not recoverable .. 164,254 Kaitaia Drainage Area £ Interest Account: Amount chargeable to Rural subdivision .. 5,171 area capitalized to 31st March, 1940 .. 168,958 Less capital remitted 1,893 ggg ... 3,278 Waihi Drainage AreaTown subdivision .. . . 707 Allocated cost of work on which rates are 3,985 levied— Waihi Drainage Area— Pukchina Subdivision.. .. 5 000 Pukohma Subdivision .. 502 Kaikokopu Subdivision .. .. 7,500 Less capital liability Central Subdivision .. .. 46 313 remitted.. .. 167 ' _1_ 58j813 .. . . . ~ Excess cost of works not recoverable .. 28,607 Kaikokopu Subdivision . . 752 Interest Account : Amount chargeable to T , , rA . A 1,087 area capitalized to 31st March, 1940 .. 48,576 roukawa Drainage Area .. 1,509 77 Less capital liability remitted .. 289 Poukawa Drainage Area — 1,220 Drainage-works .. .. .. 17,494 lt . J ._ _ , 6,292 Interest Account: Amount chargeable to area 1,446 Kate accounts—Special Rate Accounts: % Capital- Hikurangi Drainage Area— Kaitaia Drainage Area Drainage-works .. .. .. 260,219 Rural subdivision .. .. 2,633 Less amount written off .. .. 184 389 lown subdivision . . . . 184 2,817 75 ycjQ Waihi Drainage Area— Interest Account : Amount chargeable to Kaikokopu Subdivision .. 384 area capitalized to 31st March, 1940 .. 163,068 Pukehma Subdivision .. .. 592 238 898 ... . _ . — 976 Mangawai Drainage Area— loukawa Drainage Area .. .. .. 578 Drainage-works .. .. .. 1,878 n it> j. a . nj . 4,371 Interest Account: Amount chargeable to Ueneral Kate Accounts : Maintenance— works to 31st March, 1939 . . 1 606 Kaitaia Drainage Area— Rural subdivision . . . . 3,027 lown subdivision . . . . 205 Less amount written off . . 3 484 3,232 _L AY aihi Drainage Area Harihari Drainage Area— Pukehina Subdivision .. .. 1,082 Drainage-works .. .. .. 4 355 Central Subdivision . . . . 499 Interest Account : Amount chargeable to Kaikokopu Subdivision . . 173 area capitalized to 31st March, 1940 . . 3,429 1,754 7 Poukawa Drainage Area .. .. .. 1,010 Unpaid purchase-money on land sold on deferred payment '697 c, , ~ 5 ' 996 Buildings .. . . .. .... 1 226 Sundry creditors .. .. .. .. 60 Buildings: Loading .. .. .. '184 Hents charged m advance . . .. . , .. 98 Plant and machinery .. .. . . 1 682 ay merits m advance : Rates . . . . . . 1,102 Loose tools .. '63 Buildings Suspense 184 Stores on hand .. .. " " 904 Drainage Works Suspense .. .. .. .. 697 Motor-vehicles .... . ' 52 Writings off in Suspense .. .. .. .. 773 Sundry debtors for rates— Ireasury Adjustment Account .. , 369 804. ~ ' Drainage Capital. Maintenance. Area. £ £ Kaitaia .. .. 12,265 5,578 17,843 Waihi .. .. 2,745 .1,877 4,622 Poukawa .. .. 2,333 525 2,858 Sundry debtors— Rent under section 4 (2), Swamp Land Drainage Amendment Act, 1926 .. 84 Law-costs . . .. .. , . 575 House rents .. .. . . . . 3 Departmental .. .. . . . . 24 General . . . . . . .. 12 698 Revenue Account—Waihi Drainage Area : Central Subdivision . . . . .. . . , . 19 869 General Revenue Account .. . . ~ 32 571 Losses in Suspense .. .. .. .. 773 Interest accrued but not due .. .. .. 10 Cash in transit from post-office .. .. .. 92 £887,174 £887,174 R. G. Macmorran, Under-Socretary for Lands. G. I. Beeson, Chief Accountant. Note.—Up to 31st March, 1940, interest on the recoverable expenditure was charged against the Rate Accounts and interest on the balance of the expenditure was capitalized, but, in torms of Treasury Instruction No. 81, Treasury agreed that thereafter interest 011 irrecoverable expenditure need not bo brought into the accounts. I hereby certify that the Rate Accounts and 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 departmental note enfaced thereon and to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return B. l [Pt. IV].- ,J. P. Rutherford, Deputy Controller and Auditor-General.

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