B—l [Pt. IV]

SMALL FARMS SCHEME EX-SERVICEMEN'S SECTION Revenue Account for the Year Ended 31st March, 1949 Dr. £ Or. £ Interest on capital: Loan capital .. .. .. 296,352 Rents receivable .. .. •. •• 42,957 Interest on capital funds of Anderson Grift Trust Account .. 131 Interest receivable : Water-supplies .. .. .. 742 Remissions of rent .. .. .. . . .. 578 Interest on disposal of land and improvements . . .. 53,441 Accident compensation . . .. .. .. .. 2,681 Interest on development expenditure recouped .. .. 128,482 Miscellaneous expenses .. .. .. .. .. 60 Balance: Loss for year carried down .. .. .. 75,698 Capital losses on revaluation, reallotment, &c. .. .. 1,518 Losses on disposal of properties to ex-servicemen— £ Ascertained loss for year .. .. .. 18,0 IT Less recovered from reserve for losses on development of land for ex-servicemen .. .. 18,017 ~ 1— £301,320 £301,320 £ Remission of interest in terms of section 3, Finance Act (No. 3), £ Loss to 31st March, 1948 .. .. .. .. 365,510 1943: Interest on Public Works capital to 31st March, 1948 .. 62,182 Loss brought down .. .. .. .. .. 75,698 Balance: Loss to 31st March, 1949 .. .. •• 379,026 £441,208 £441,208 Note.—In accordance with Treasury approval T. 40/436 of 25th March, 1946, no allowance has been made in the above Revenue Account for rent charged in advance of, or rent or interest accrued to but not payable at 31st March, 1949,

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