43

B.—l [Pt. IV, Sup. A].

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1923. Dr. £ a. d. Or. £ g. d. To Interest on loans.. .. .. 371,545 4 3 By Accrued rent, &c. .. .. 487,717 9' 7 Rebates of rent .. .. .. 28,687 14 0 Accrued royalties .. .. 88 5 0 Remissions of rent .. .. 7,494 18 8 Interest on investments .. .. 6,762 8 8 Rents written off suspense .. 3,088 9 9 Interest on amount set aside under Reserve for irrecoverable rents .. 2,500 0 0 section 63, Land Laws Amendment Refunds of revenue .. .. 40 7 9 Act, 1913 .. .. .. 16,380 18 10 Insurance premiums .. .. 6 5 11 Profit on farming operations .. 8,024 9 5 Interest under section 191, Land Act, 1908 .. .. .. . . 156 7 4 Inquiry Board expenses .. .. 437 0 4 Administration expenses .. .. 8,770 5 1 Reserve for depreciation .. .. 179 16 6 Maintenance, &c., Makareao Railway 66 13 11 Miscellaneous expenses .. .. 32 15 2 Management charges on bonds and stock .. .. .. 716 14 5 Expenses of redemption of loans . . 130 0 0 Sinking Fund reserve .. .. 40,960 12 II Land Purchase Controller — Expenses of Board, &c. — Salaries .. .. .. CIO 11 9 Preliminary expenses .. .. 82 11 6 Advertising .. .. .. 212 6 Maintenance office fittings .. 35 4 6 Telephones .. .. .. 17 0 0 Postages, &c. .. .. .. 56 0 0 Audit of accounts .. .. 75 0 0 Land for Settlements expenses vote 1,812 4 6 Balance carried down .. .. 51,569 0 9 £518,973 11 6 £518,973 11 6 £ s. d. £ s. d. Balance .. .. .. 89,745 19 11 Balance brought down .. .. 51,569 0 9 Balance from previous year .. 38,176 19 2 £89,745 19 11 £89,745 19 11