21

B.—l [Pt. IV, Sup. A].

NATIVE LAND SETTLEMENT ACCOUNT. Revenue Account for the Year ended 31st March. 1923. Dr. \ Cr. To Revenue expenditure, By Revenue Income, Lands Lands Department— £ s. d. £ a. d. Department—• £ s. d. £ s. d. Rebates of rent .. 1,409 19 7 J Accrued rent .. 00,931 12 3 "Thirds" .. .. 3,709 1 4 Accrued interest .. 8,214 5 1 Loan deductions— Accrued royalty .. 5,732 13 5 Local Bodies' Loans Valuation fees . . 5 5 0 Act, 1908 .. 20 8 10 — 74,883 15 9 Section 03, Land Laws Rent received, Native Department . . 10 10 0 Amendment Act, Premium on debentures issued and 1913 .. .. 5,004 2 7 interest on overdue instalments .. 41 17 4 Remission of rent .. 54 9 1 Balance, net loss for year, carried down 80,309 10 0 Rent written off . . 1,102 0 7 Survey lion written off.. 2 0 0 Refund of rent . . 10 0 0 Administration expenses 7,197 17 11 18,030 5 11 Administration expenses, Native Department—Salaries . . .. 940 0 0 Travelling and general expenses.. .. 2,231 14 8 Valuation fees .. 28 17 6 Consolidation expenses 275 0 0 3,475 12 2 Depreciation, motor-car . . .. 36 15 0 Sinking Fund recoupment under section 4, Finance Act, 1919 . . 9,154 8 5 Loan capital expenses .. .. 5,435 7 2 Balance, Interest Account .. .. 124,507 4 11 £101,245 13 7 £101,245 13 7 £ s. d. £ s. d. To Balance at Ist April, 1922 .. .. 130,073 310 By Balance at 31st March, 1923 .. 222,982 14 4 Net loss for year .. .. .. 86,309 10 0 £222,982 14 4 £222,982 14 4 Interest Account for the Year ended 31st March, 1923. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loan capital 125,021 17 2 By Interest received on Less accrued at 31st securities hold by 11lMarch, 1922 .. 52,698 7 4 vestment Account .. 2,009 5 3 72,323 9 10 Interest accrued .. 157 10 2 Interest on loan capital— 2,707 1 5 Accrued but not due 55,300 3 4 Interest received on AdDue and unpaid .. 037 10 8 vances to Maori Land 55,937 14 0 Boards .. .. 1,040 9 3 Interest charge on liability to Maori Less interest accrued at Land Settlement Account .. 172 19 7 31st March, 1922 .. 934 12 7 111 10 8 Interest accrued at 31st March, 1923 . . 1,048 0 5 1,159 17 1 Balance transferred to Revenue Account .. .. .. 124,507 4 11 £128,434 3 5 £128,434 3 5