B—l [Pt. J>\

LAND FOR SEITLEMENTS ACCOUNT— continued Balance-sheet as at 31st March, 1948 Liabilities General Assets Capital— £ £■ ' General L° a «s .. .. .. .. .. 16,948,109 n , £ Crown lands included in estates .. .. 211,940 ™ " •• •• ••• •• 850,550 Accumulated funds : Cheviot Estate , . 464' 877 ' I Moneys advanced to— £ Sales of Crown land under section 20, Land Act, ' ' Small Farms Account .. .. .. 8,704,506 1924 .. .. .. .. ..3 585 933 Maori Land Settlement Account .. .. 2,376,859 Capital transferred from Discharged Soldiers ' . 11,081,365 Settlement Account .. .. .. 12,980 Consolidated Fund : Interest, Small Farms Account .. 517,406 Cash referring to other Departments Losses in Suspense . . . . .. , , _ _ 1 705 and funds— £ Revenue Account : Loss to 31st March, 1948 .. 163,' 498 Rangitaiki Drainage District Account 96 I Hauraki Plains Account . . . . 3,240 I Crown Lands Account .. .. 1,273 Land— Estates Survey Liens Account .. ■ 8,944 ' Leaserl 0 , j Swamp Land Drainage Account .. 530 • tr i " " " .. 8,704,067 8 ut noo Unleased .. 47,025 l_ 91 237 922 ' 8,801,592 Deposits by lessees: Section 208, Land Act, 1924 .. " ' 37'584 P rovisional State forest .. .. • .. 3,153 Funds held under section 14 (-1), Land Subdivision in Counties ' Buddings and improvements unsold .. .. .. 4,440 Act, 1946 .. .. .. .. 5,577 Advances on mortgage : Section 35, Finance Act, 1940 .. 132 Consolidated Fund: For interest due— £ Sales debtors e On loan capital .. .. .. 712 40c t>, „ On fundp of other Departments and accounts : T m § s ' c< • • ■ • • • • • 59,926 On Maori Land Settlement Account .. 3,999 an '' '' 338,362 On capital moneys received from sale of Crown 398,288 lands (section 13, Land Laws Amendment Plant and machinery .. .. .. 3,835 Act, 1926) . . .. ~ ~ 80 845 Less depreciation . . .. . . .. 3 451 w ... 0 : 797,342 J 384 Writmgs-off m Suspense . . .. .. 1,706 Loading on Otago University endowment leases : Capital .. 906 Mutt V alley Land Settlement Account (see subsidiary accounts f n attached) .. .. .. .. 160 debtors for— £ Rents, royalties, instalments, &c. . . .. 34,125 Estates j Postponed charges .. .. .. 3,775 Payments in advance : Rents and instalments .. .. 5,830 j Departmental and miscellaneous .. .. 1,388 Sundry suspense accounts . . .... .. '414 39 288 Creditors, departmental and miscellaneous .. .. 2,078 j Realization Account .. .. .. . '32 c

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