B—l [Pt. IV]

HAURAKI PLAINS SETTLEMENT ACCOUNT— continued Balance-sheet as at 31st March, 1947 Liabilities Assets Capital Account— £ £ £ Improved lands handed over to Land Board for Loan capital.. .. .. .. 800,371 settlement— £ £ Less redemption .. .. .. 677,134 Leased .. .. .. 73,914 123,237 Unleased .. .. .. .. .. 744 Capital provided from Ordinary Revenue Account .. 23,129 Unpaid purchase-money for land sold on deferred Value of Crown land set apart under Act .. .. 45,000 payment .. .. .. .. .. 34,403 Transferred from Discharged Soldiers Settlement 109,061 Account .. .. .. .. .. 405 Unimproved value of lands .. .. .. .. 14,664 Works in progress : Expenditure on land in course of 191,771 reclamation, including formation, metalling of roads 714,018 Less cash to credit of Land for Settlements Account 3,240 Less amount written off . . .. .. 665, 000 188,531 -—— 49,018 Employment Promotion Fund: Capital .. .. .. 10,084 Capital expenditure— Consolidated Fund: Capital .. .. .. .. 6,112 Employment Promotion Fund .. .. .. 10,084 Rate Account .. .. .. .. .. .. 33 Consolidated Fund .. .. .. .. 6,112 Sundry creditors: Departmental .. .. .. .. 5,160 16,196 Payments in advance .. .. .. .. .. 731 Artesian wells: Crown lands .. .. .. .. 217 Writings-off in Suspense .. .. .. .. .. 9 Buildings .. .. .. .. .. .. 476 Treasury Adjustment Account .. .. .. .. 380,734 Wharves .. .. .. .. .. .. 5 Machinery, plant, and tools .. .. .. .. 6,083 Stores .. .. .. .. .. .. .. 5,916 Debtors— Rates .. .. .. .. .. 314 Rents, &c. .. .. .. .. .. 89 Miscellaneous .. .. .. .. .. 6,572 6,975 Postponed rent .. .. .. .. .. .. 10 Losses in Suspense .. .. .. .. .. 9 Revenue Account .. .. .. .. .. 382,764 £591,394 £591,394 D. M. Greig, Under-Secretary for Lands. Y. J. H. Pledger, A.R.A.N.Z., 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 B-l [Pt. IV].—• J. P. Rutherford, Controller and Auditor-General.

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