B—l [Pt. IV]

Liabilities—continued £ £ Assets— continued £ £ Brought forward .. .. .. .. 11,490,380 Brought forward .. .. .. .. 11,267,176 Deposits by lessees: Section 208, Land Act, Plant and machinery . . .. .. 3,835 1924 .. .. .. .. .. .. 35,228 Less depreciation .. .. .. .. 3,451 Consolidated Fund: For interest due— 384 On loan capital .. .. .. .. 424,369 Loading on Otago University endowment leases: On funds of other Departments and Capital .. .. .. .. .. .. 1,182 accounts— £ Debtors for— On Crown Lands Account .. 26 Royalties, rents, instalments, &c. .. .. 57,834 On Hauraki Plains Account .. 309 Postponed charges .. .. .. .. 7,581 On Native Housing Account .. 2,190 Departmental and miscellaneous .. .. 1,044 On Native Land Development Account 4,912 — —— 66,459 On Rangitaiki Drainage Account .. 2 Realization Account .. .. .. .. .. 380 On Survey Liens Account .. .. 301 Interest accrued but not due .. .. .. .. 5,585 On Swamp Land Drainage Account.. 50 7,790 Land-development On capital moneys received from sale of Crown Land— lands (section 13, Land Laws Amendment Leased .. .. .. .. .. 92,161 Act, 1926) .. .. .. .. 69,770 Unleased .. .. .. .. .. 12,134 501,929 104,295 Reserve for losses on assets transferred from Sales debtors— Discharged Soldiers Settlement Account .. .. 8,191 Buildings, &c. .. .. .. .. 4,021 Writings-off in Suspense .. .. .. .. 11,721 Land .. .. .. .. .. 14,809 Hutt Valley Land Settlement Account (see 18,830 subsidiary accounts attached) .. .. .. 760 Water-supply: Headworks .. .. .. .. 2,557 Disposal of blocks not finalized .. .. .. 4,750 Mortgage outstandings (not yet payable)— Current Account .. .. .. .. 66,177 Estates Instalment mortgage .. .. .. 106,861 Rents and interest charged in advance .. .. .. 92,232 173,038 Payments in advance : Rents and instalments .. .. 6,025 Crown and settlement lands under development .. 284,008 Sundry suspense accounts . . . . .. .. 558 Expenditure on development of Crown and SettleSundry creditors: Departmental and miscellaneous .. 1,712 ment lands— Improvements . . .. .. .. 313,989 Chattels .. .. .. .. .. 18,812 Seasonal and live-stock .. .. .. 6,829 339,630

LAND FOR SETTLEMENTS ACCOUNT— continued Balance-sheet as at 31st March, 1945— continued

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