B—l [PT. IV]

Payments in advance : Rates .. .. .. .. 616 Hari Hari Drainage Area— Building Suspense .. .. .. .. .. 78 Drainage works .. .. .. .. 4,355 Drainage Works Suspense .. .. .. .. 660 Interest Account: Amount chargeable to area Writings-off in Suspense .. .. .. .. .. 5,875 capitalized to 31st March, 1940 .. .. 3,429 Treasury Adjustment Account .. .. .. .. 380,888 7,784 Unpaid purchase-money on land sold on deferred payment .. 660 Buildings .. .. .. .. .. .. 915 Buildings: Loading .. .. .. .. .. 78 Plant and machinery .. .. .. .. .. 8,926 Loose tools .. .. .. .. .. .. 63 Stores on hand .. .. .. .. .. .. 877 Motor-vehicles .. .. .. .. .. .. 50 Plant Working Account .. .. .. .. .. 101 Sundry debtors for rates : Drainage Area. Capital. Maintenance. Total. £ £ £ Kaitaia .. .. .. .. 2,475 1,211 3,686 Waihi .. .. .. .. 2,234 2,012 4,246 Poukawa .. .. .. .. 3,946 1,023 4,969 Sundry debtors— Rent under section 4 (2), Swamp Land Drainage Amendment Act, 1926 .. .. .. 43 Law-costs .. .. .. .. .. 54 Departmental ... ... ... ... 747 844 Revenue Account— Waihi Drainage Area : Central Subdivision 25,667 General Revenue Account ... ... .. .. 34,424 Suspense Account— Capital rates remitted Kaitaia Drainage Area .. .. .. .. .. 14,202 Losses in Suspense .. .. .., .. ... 5,875 Cash in transit from post-office .. .. ... .. 367 £908,781 £908,781 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 terms of Treasury Instructions No. 81, Treasury agreed that thereafter interest on irrecoverable expenditure need not be brought into the accounts. D. M. GrREiG, Under-Secretary for Lands. V. J. H. Pledger, A.R.A.N.Z., Chief Accountant. 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, Controller and Auditor-General.

4—B 1 [Pt. Vl]

81