B—l [Pt. IV]

HAURAKI PLAINS SETTLEMENT ACCOUNT— continued Balance-sheet as at 31st March, 1948 Liabilities | Assets Capital Accounts— £ £ £ j Improved lands handed over to Land Board for Loan capital, . .. .. .. 800,371 settlement— £ £ Less redemption .. .. .. 682,939 Leased .. .. .. .. .. 73,734 117,432 Unleased .. .. .. . . '745 Capital provided from Ordinary Revenue Account .. 26,130 Unpaid purchase-money for land sold on deferred 31,729 Value of Crown land set apart under Act .. .. 45,000 payment 1_ 106 208 Transferred from Discharged Soldiers Settlement 405 Unimproved value of lands .. .. .. ... 14^348 Account Works in progress : Expenditure on land in course of 188,967 reclamation, including formation, metalling of Less cash to credit of Land for Settlements Account 3,240 roads .. .. .. .. 714 385 185,727 Less amount written oft' .. .. .. 665,000 Capital subsidies— • • 49 ggg Employment Promotion Fund .. .. 10,084 Capital expenditure— Consolidated Fund .. .. .. .. 6,112 Employment Promotion Fund .. ... .. .. 10,084 16,196 Consolidated Fund .. .. .. .. .. 6,112 Sundry creditors .. ... .. .. .. 391 Artesian wells : Crown lands .. .. .. .. '217 Payments in advance .. ..... . . . 628 ' Buildings ...... . . . . '' 785 Writings-off in Suspense .. . . . . ~ 8 Wharves . , . . . . .. . , , [ g Treasury Adjustment Account .. .. .. .. 389,082 Machinery, plant, and tools .. .! . 1 !! 6,895 Stores . . .. . . . . ..• . . .. 6^755 Rate Account . . .. . . . . , . .. 346 Debtors— £ Rates- ... .. .. .. .. 178 Rents, &c. . . .. .. .. .. 40 Miscellaneous" .. .. .. .. .6,878 . ' 7,096 Losses in Suspense .. .. .. .. * .. 8 Revenue Account , .. .. .. .. 383, 788 £592,032 . £592,032 D. M. Greig, Under-Secretary for Lands. V. 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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