fe.—l |Pt. IV, Sui>. A].

22

NATIVE LAND SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1923. Liabilities. Assets. Loan Capital Account— Land— Liability in respect Blocks fully acquired £ s. d. £ s. d of loans outstand- £ s. d. £ s. d. and proclaimed .. 1,800,018 (j 0 ing .. .. 3,039,420 9 0 West Coast SettleLiability in respect ment Reserve lands 42,800 9 0 of loans repaid .. 21,100 0 0 Blocks partly ac- — — 3,000,520 9 0 quired and unproMaori Land Settlement Account— claimed.. .. 009,397 15 5 Liability at 31st March, 1923 .. 3,844 0 11 Lands suspense—■ Interest accrued on loan capital .. 55,937 14 0 Lands proclaimed Sinking funds— but not yet adminIn respect of loans from istered by Lands Government Depart- £ s. d. Department .. 39,578 10 5 ments .. .. 11,970 15 4 2,551,795 1 4 In respect of the Public Unpaid purchase-money for buildings .. 2,014 9 10 Debt Extinction Act, Survey liens— £ s. d. 1910 .. .. 14,344 0 9 Principal .. .. 109,050 19 5 20,321 2 1 Interest .. .. 42,113 17 8 Sundry creditors— — 211,170 17 I Lands Department— Surveys in progress .. .. 4,372 7 10 Ronts paid in advance 24 14 9 Survey Account— £ s. d. Survey lien overpaid 0 10 0 Urewera blocks .. 12,592 12 1 Deposits on applica- Wharepuhunga blocks 4,920 17 7 tions to purchase Hauhungaroa blocks .. 1.124 18 5 land .. .. 12,940 7 9 18,038 8 1 Misc c 11 aneous ac- Sundry debtors, Lands counts .. .. 2,440 11 5 Department— 15,400 3 11 Sales of land .. 19,572 12 4 Native Department— Instalments on deferred Con so 1 idation ex- payments . . .. 258 14 8 penses .. .. 50 0 0 Interest on deferred Duo to other Depart- payment .. .. 190 9 0 ments .. .. 1,420 15 8 Instalment on buildings 97 12 11 1,470 15 8 Rent .. .. 53,487 5 3 Appreciation of Assets Reserve Account 20,100 14 0 Royalties .. .. 5,000 0 0 Writings off in Suspense— £ s. d. Miscellaneous .. 834 0 4 Rents .. .. 1,150 15 8 79,441 1 0 Liens .. .. 2 0 0 Interest on investments and advances 1,158 15 8 accrued but not due .. .. 1,205 10 7 Liability to Consolidated Fund in respect Postponed rents .. .. .. 11,321 19 (i of interest paid .. .. .. 1,550 10 3 Land Purchase Suspense Account .. 27 0 0 Depreciation reserve.. .. .. 36 15 0 Cash in Loans Stamp Duty Deposit Account .. . . . . .. 200 19 10 Motor-car . . . . . . . . 245 0 0 Maori Land Boards—Advances under section 274, Native Land Act, 1909 20,304 17 11 Sinking Fund Investment Accounts— New Zealand State - guaranteed Advances Act, 1909 —Held by £ s. d. Public Trustee .. 11,970 15 4 Public Debt Extinction Act, 1910—Held by State Advances Office 14,344 0 9 20,321 2 1 1 Balances, Native Land Settlement Account, at 31st March, 1923— £ s. d. Cash in Public Account 9,720 3 1 Imprests outstanding.. 489 8 0 Investment Account .. 20,000 0 0 30,209 11 7 j Revenue Account— Balance at Ist April, 1922 .. .. 136,673 3 10 Add not loss for year 80,309 10 0 222,982 14 4 £3,186,371 7 0 £3,180,371 7 0 R. N. Jones, Under-Secretary, Native Department. 1 hereby certify that the Revenue and Interest Accounts and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, except that — (I.) The Revenue Account includes rents due to 30th June, 1923. (2.) The portion of the accounts dealing with leased lands has been compiled from copies of journal entries of the District Land Offices. (3.) The advances to Maori Land Boards are incorrectly shown. (4.) Certain requirements as regard future balance-sheets, and with reference to the deduction from purchase-money payments, valuation of land handed to the Lands Department, and the capitalization of interest and administration expenses, have been communicated to the Native Department. G. F. C. Campbell, Controller and Auditor-General,