B.—l [Pa?. IV]

SMALL FARMS SCHEME Revenue Account foe the Year ended 31st March, 1944 Dr. Or. £ Interest on capital— £ £ Rents receivable .. .. .. .. .. 4,010 ' Loan capital .. .. .. .. 90,562 Interest receivable— £ Consolidated Fund .. .. . . 1,560 Current Account mortgage .. .. 4,325 ■ —— 92,122 Instalment mortgages .. , .. 16,134 Rent payable .. .. .. .. .. 459 Share-milkers' loans .. .. .. 238 Rebates .. .. .. .. 1,278 Miscellaneous .. .. .. .. 494 Accident compensation .. .. .. ~ 289 — 21,191 Miscellaneous expenses .. .. .. .. 73 Interest accrued on loan to Napier Harbour Board .. 1,435 Deficit on redisposal of properties .. .. .. 936 Interest on development expenditure recouped .. 21,905 Losses on realization of advances to small-farm occupiers 3,010 Rebates on superphosphate .. .. .. 112 Losses on disposal of developed blocks .. .. 1,247 Surplus on redisposal of properties .. .. .. 590 Profit on disposal of developed blocks .. .. 1,222 Miscellaneous .. .. .. . . .. 18 Balance: Loss for year carried down .. .. 48,931 £99,414 £99,414 Balance— £ £ Loss brought forward from 31st March, 1943 .. 255,410 Balance: Loss to 31st March, 1944, carried forward .. 304,341 Loss for year brought down .. .. 48,931 £304,341 £304,341 Receipts and Payments Account for the Year ended 31st March, 1944 Receipts Payments £ Interest on other public moneys : Vote " Lands and Survey " —ltem " Payment of proInterest in respect of advances—- £ £ £ perties leased, &c." : Paid from Consolidated Fund 454 Current Account mortgages , 4,562 Vote "Small Farms Development"— £ Instalment mortgages .. .. 13,588 Acquisition of land and interest therein .. 105,355 Under share-milkers'agreement .. 332 Expenditure on blocks being Miscellaneous .. .. .. 5 developed— £ 18,487 Improvements .. .. 50,866 Territorial Revenue— Chattels .. .. .. 7,089 Rents under small-farms scheme .. .. 4,087 Wages— Credited to Consolidated Fund.. .. ——-— 22,574 Development .. 34,947 Credits-in-aid: Vote "Small Farms Seasonal .. .. .. 70,337 Development"— Seasonal expenditure and liveImprovements .. .. 34,849 stock .. .. .. 142,183 Seasonal and live-stock .. .. 294,274 — 305,422 Chattels .. .. .. 1,196 Advances to small-farm occupiers .. 45,288 Sales of land .. .. .. 712 _ Accident compensation .. .. .. 188 Water levies, &c. .. .. 882 Water-supply: Maintenance .. .. 593 331,913 Grants to County Councils .. .. 1,981 Capital receipts —Small-farms develop- Travelling-expenses, &c. .. .. 68 ment: Repayment of principal Payment to Anderson Trust Board .. 250 under mortgages, &c.— Contingencies .. .. .. .. 33 Current Account— Paid from Land for Settlements Account ... 459,178 Improvements .. .. 9,606 Transfer of balances: Treasury Adjustment Account 22,120 Stock and chattels .. .. 44,592 Instalment mortgages .. .. 4,526 Share-milkers' agreements .. 3,067 Realization Account .. .. 1,603 63,394 Credited to Land for Settlements Account —-—— 395,307 Transfer of balance : Land for Settlements Account .. 63,871 £481,752 £481/752

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