B—l [Pt. IV]

LAND FOR SETTLEMENTS ACCOUNT— continued Balance-sheet as at 31st March, 1949 Liabilities I Assets General General £ Capital— £ £ Cash .. .. .. .. .. .. .. 653,291 Gross loan capital at 31st March, 1949 .. 19,398,109 Losses in Suspense .. .. .. .. .. 248 Less capital loan to— £ Revenue Account: Loss to 31st March, 1949 .. .. 163,498 Department of Maori Affairs 2,746,774 Small Farms Account .. 11,491,568 Estates 14,238,342 Land— £ Leased .. .. .. .. 8,618,744 Net loan capital, Land for Settlements Unleased .. .. .. .. 50,189 Account .. .. .. .. 5,159,767 8,668,933 Crown lands included in estates .. .. 211,940 Povisional State forest .. .. .. .. 3,158 Accumulated funds : Cheviot Estate .. 464,911 Buildings and improvements unsold .. .. 4,137 Sales of Crown land under section 20, Land Advances on mortgage: Section 35, Finance Act, 1940 .. 124 Act, 1924 .. .. .. .. 3,746,559 Sales debtors— Capital transferred from Discharged Soldiers Buildings, &c. .. .. .. .. 57,727 Settlement Account .. .. .. 12,980 Land .. .. .. .. .. 310,858 9,596,157 .. 368,585 Deposits by lessees : Section 208, Land Act, 1924 .. .. 36,293 Plant and machinery .. .. .. 3,835 Funds held under section 14 (1), Land Subdivision in Counties Less depreciation .. .. .. 3,451 Act, 1946 .. .. .. .. .. .. 15,797 384 Consolidated Fund: For interest due— Loading on Otago University endowment leases: Capital .. 823 On loan capital .. .. .. 351,318 Debtors for— On capital moneys received from sale of Crown Rents, royalties, instalments, &c. .. .. 20,601 lands (section 13, Land Laws Amendment Act, Postponed charges .. .. .. .. 3,162 1926) .. .. .. .. 92,373 Departmental and miscellaneous .. .. 1,685 443,691 25,448 Creditors : Departmental and miscellaneous .. .. 2 Realization Account .. .. .. .. .. 326 Writings -off in Suspense .. .. .. .. 248 Hutt Valley Land Settlement Account (see subsidiary accounts Land-development attached) .. .. .. .. .. .. 3,363 Land— Leased .. .. .. .. .. 74,115 Unleased .. .. .. .. .. 9,707 Estates 83,822 Payments in advance : Rents and instalments .. .. 7,870 Sales debtors— Sundry suspense accounts .. .. .. .. 364 Buildings, &c. .. .. .. .. 1,820 Creditors: Departmental and miscellaneous .. .. 71 Land .. .. .. .. .. 12,875 14,695

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