C—9

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Receipts and Payments Account. Dr. . £ s. d. Or. Cash in hand, Ist April, 1922 .. .. 832,754 16 9 Advances on mortgage— £ s. d. £ s. d. Debentures issued .. .. • .. 304,434 16 11 Current Account .. 681,622 18 3 Premium on debentures .. .. 36 2 6 Section 2, farms, &c. .. 74,344 13 11 Repayment of advances — £ s. d. Section 2, dwellings . . 469,785 0 2 Current Account .. 346,737 18 7 . 1,225,752 12 4 Section 2, farms, &c. .. 82,684 14 4 Miscellaneous advances .. .. .. 1,876 13 2 Section 2, dwellings .. 286,031 0 8 Plant Account—Purchase of motor-cars .. 789 9 6 Miscellaneous advances.. 1,213 12 9 Office requisites .. .. .. 9 4 7 —■ 716,667 6 4 Purchases of and charges on dead and live Property Account .. .. .. 6,015 11 2 stock .. .. .. .. 762 13 11 Realization Account .. .. .. 29,881 7 0 Sundry Estates Account —Purchases of dead Sales of dead and live stock .. .. 1,217 17 11 and live stock and working-expenses .. 6,533 15 11 Sale of farm-produce .. .. .. 1,657 6 0 Working-expenses of farms acquired under Sundry Estates Account—Sales of live and exercise of power of sale .. .. 559 12 10 deadstock .. .. .. .. 8,693 13 1 Expenditure on development of land .. 21 7 2 Repayment of expenditure on development Property Account, Freehold and Leasehold— of land .. .. .. .. 695 10 6 Capital expenditure .. .. .. 1,472 11 8 Interest on advances— £ s. d. Instalments on State Advances mortgages 43 14 9 Current Account .. 117,716 2 4 Realization Account—Expenses incidental to Section 2. farms, &c. .. 229,689 2 7 acquisition by Crown and purchase of Section 2, dwellings, &c. 302,057 12 5 stock, &c. .. .. .. .. 12,255 14 0 649,462 17 4 Sundry Creditors Account—Accounts not Interest on investments .. .. 40,867 17 9 cleared in Treasury books in previous year 25,145 7 3 Interest on overdue instalment of loan .. 514 9 Sinking Fund Account—Section 4, Finance Rents and grazing-fees .. .. .. 2,102 3 6 Act, 1919 .. .. .. .. 21,042 9 5 Valuation fees .. .. .. .. 2,607 4 0 Interest on debentures .. .. .. 869,157 15 3 Suspenso Account .. .. .. 1,26 J. 6 7 Charges and expenses in raising loans .. 4,833 1 3 Fire Loss Suspense Account .. .. 9,028 11 6 Stamp duty on loans raised .. .. 457 8 11 Production and transfer fees .. .. 412 10 6 Loan Redemption Account —Loans redeemed 45,210 0 0 Sundries .. .. • • ■ • 25 3 8 Management expenses of Consols .. .. 28 7 0 Vote, Expenses of Management — Supervision and manage- £ s. d. ment of securities .. 39,170 11 0 Inquiry Board exponses 4,680 13 1 43,851 4 1 Less recoveries .. 951 14 11 42,899 9 2 Audit fees .. .. .. .. 359 0 0 Travelling-expenses of Supervisors and Inspectors .. .. .. .. 2,708 8 6 Maintenance and upkeep of plant .. 967 6 11 Rent of Supervisor's office .. .. 13 0 9 Printing and stationery .. .. .. 579 15 6 Valuation expenses .. ... .. 4,679 19 6 Suspense Account .. .. .. 649 12 11 Fire Loss Suspense Account .. .. 4,684 7 10 Realization Suspense Account .. .. 15 0 3 Rents on leasehold properties bought in 2 13 4 Sundries .. .. .. .. 731 11 1 Balance (vide Treasury Ac- £ s. d. counts) 31st March, 1923 355,781 18 1 Less accounts paid by imprestees but not cleared in Treasury books at 31st March, 1923 .. 22,196 5 0 333,585 13 1 £2,607,827 17 9 £2,607,827 17 9 Revenue Account. £ s. d. I £ s. d. £ s. d. Interest on debentures .. .. .. 873,294 1 2 I Interest on advances — Charges and expenses raising loans —Propor- Current Account .. 155,777 10 6 tion written off .. .. .. 14,833 1 3 Kannx, orchards, &c. .. 408,685 3 4 Management expenses of Consols .. 28 7 0 Dwellings, business preStamp duty ou loans raised .. .. 457 8 11 misc3, &c. .. .. 342,468 8 3 Expenses of management .. .. 38,989 9 0 906,931 2 1 Inquiry Board expenses .. .. 3,332 17 7 Interest on surplus funds temporarily inAudit fees .. .. .. .. 359 0 0 vested .. .. .. .. 33,103 11 :! Printing and stationery .. .. .. 579 15 6 Interest on sundry sales .. .. 80 14 1 Depreciation on plant .. .. .. 648 15 3 Interest on securities in Realization Account 537 9 4 Maintenance and upkeep of plant .. 952 4 5 Interest on purchase-price of stock, Matai-Travelling-expenses of Supervisors and In- kona Settlement .. .. .. 609 4 8 spectors .. •• •• •• 2,574 13 10 Interest on overdue instalments of loan .. 5 14 9 Rent of Supervisor's office .. .. 13 0 9 Premium on debentures .. .. 36 2 6 Valuation expenses .. .. .. 4,679 19 6 Rent of properties .. .. .. 2,944 10 4 Rebate of interest .. .. .. 39,465 15 4 Hire of buildings and plant, Swanson Block 249 18 11 Remission of interest .. .. .. 2,662 15 8 Profit on sale of properties .. .. 494 7 1 Loss on live and dead stock .. .. 741 12 3 Profit on sale of dead and live stock .. 173 2 2 Loss on realization of securities .. .. 38,622 14 6 Sale of farm-produce .. .. .. 1,057 6 0 Interest written off—Postponements under Valuation fees received .. .. .. 2,607 4 0 section 16 of Discharged Soldiers Settle- Production and transfer foes .. .. 412 10 6 mont Amendment Act, 1921 .. .. 5,154 7 3 Sundries .. .. .. .. 010 0 Rent on leasehold property acquired by Not loss for year .. .. .. 78,892 11 4 Crown .. ' .. •. • • 3 11 Working-expenses of farms acquired by Crown r>s9 12 10 Sundries .. .. .. •• 783 5 11 £1,028,735 19 0 £1,028,735 19 0 £ s. d. Net loss for year carried down .. .. 78,892 11 4 Loss forward from previous year .. 43,154 12 8 Balance —Net loss to 31st March, 1923 .. £122,047 4 0 £122,047 4 0 £122,047 4 0

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