7

B.—l [Pt. IV, Sup. B].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT— continued. Balance-sheet as at 31st March, 1924. Liabilities. £ s. d. Assets. Capital Account — £ s. d. Advanoes on mortgages— £ s. d. £ s. d. Securities issued .. 6,569,065 16 8 Current Account .. 3,202,084 9 8 Transferred from Con- Farms, orchards, &o. 7,549,760 17 0 solidatedFund .. 13,500,000 0 0 Dwellings, business — 20,069,065 16 8 premises, &c. ..7,054,118 0 10 Interest on loans accrued to 31st March, ■ 17,805,963 7 6 1924, but not payable on that date .. 102,323 911 Instalments of principal Sundry creditors —Interest on seourities .. 2,106 18 2 outstanding— Consolidated Fund — £ s. d. Farms, orchards, &c. .. 117,122 17 9 For loans redeemed .. 2,500 0 0 Dwellings, business preFor interest unpaid ..540,000 0 0 mises, &c. .. .. 19,549 13 11 542,500 0 0 136,672 11 8 Sundry creditors —Payments in advance.. 2,893 16 5 Unpaid purchase price (not yet payable) Land for Settlements Account —Accrued of buildings .. .. .. 1,677 18 2 interest on purchase-money, Mataikona Sundry debtors, for instalments of principal Settlement.. .. .. .. 12,954 0 0 on buildings .. .. .. 7 17 7 Sundry creditors for — Instalment of principal postponed .. 5,544 17 7 Miscellaneous services .. .. 62 8 0 Interest outstanding— £ s. d. Advances from State Advances on pro- Current Account .. 161,455 17 6 perties acquired by Crown .. .. 9,562 9 3 Farms, orchards, &o. .. 429,312 19 7 Property Account —Deposits on sales nn- Dwellings, business procompleted .. .. .. .. 2,374 13 2 mises, &c. .. .. 24,112 17 0 Suspense Account .. .. .. 525 .11 2 614,881 14 1 Realization Suspense Aooount .. .. 543 11 II Sundry debtors for interest on buildings .. 14 14 10 Writings off in Suspense .. .. 89,741 4 5 Interest accrued but not duo .. .. 143,756 2 2 Fire Loss Suspense Account .. .. 5,770 16 4 Interest postponed .. .. .. 25,005 16 1 Depreciation Reserve .. .. .. 705 17 4 Interest accrued and unpaid on surplus Sinking Fund Reserve Account.. .. 44,396 7 7 funds temporarily invested .. .. 1,133 6 4 Sundry debtors for sale of stock .. 1,622 15 7 Sundry debtors for interest on sales of stock 15 4 5 Sundry debtors for rent of properties .. 2,521 4 4 Bills receivable .. .. .. 781 7 10 Sundry debtors for miscellaneous advances 932 5 10 Sundry debtors for other accounts — Land for Settlements Ac- £ s. d. count .. .. 601 7 6 Land for Settlements 'Account (Discharged Soldiers Settlement Account) 1,546 5 11 Lands and Survey vote .. 86 18 3 2,234 11 8 Machinery and plant .. .. .. 3,219 11 5 Sundry debtors for sales of plant .. 10 0 0 Property Account —Properties acquired by Crown .. .. .. .. 751,458 8 6 Crown land under section 20, Discharged Soldiers Settlement Amendment Act, 1923 .. .. .. .. 4,890 16 7 Realization Account—Properties in course of realization .. .. .. 479,443 12 9 Losses in Suspense .. .. .. 89,741 4 5 Live stock on hand .. .. .. 35,688 10 3 Dead stock on hand .. .. .. 1,577 1 10 Chattels on hand .. .. .. 3,975 18 6 Sundry Estate Accounts —Live and dead stock .. .. .. .. 15,194 1 11 Office requisites .. .. .. 12 9 7 Interest paid in advance .. .. 7,245 14 5 Sinking fund.. .. .. .. 44,396 7 7 Charges and expenses, raising loans .. 175,000 0 0 Cash in Loan Stamp Duty Deposit Account 116 19 7 Expenses of Dominion Re- £ s. d. valuation Board .. 2,025 2 9 Expenses of Revaluation Committees .. .. 9,950 310 Reductions in mortgage value by Dominion Revaluation Board .. 13,506 2 11 Interest losses through reduction by Dominion Revaluation Board .. 1,839 10 10 27,321 0 4 Revenue Account—Net loss .. .. 270,908 14 11 Cash in hand—Balance as £ s. d. per Treasury Account .. 237,974 8 11 Less accounts paid by imprestees but not cleared in Treasury .. .. 5,413 16 10 232,560 12 1 £20,885,527 0 4 £20,885,527 0 4 J. 15. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant.