C.—9

22

LAND FOR SETTLEMENTS ACCOUNT (DISCHARGED SOLDIERS SETTLEMENT ACCOUNT). Receipts and Payments Account for the Year ended 31st March, 1925. Receipts. Payments. Balance at Ist "April, 1924 — £ s. d. £ a. d. Recoupments to the Consolidated £ s. d. £ s. d. Cash in Public Account .. 32,282 3 8 Fund under section 4, PiImprests outstanding .. 916 14 0 nance Act, 1919 — — — 33,198 17 8 Interest .. .. .. 90,000 0 0 Receipts from rents, &c. .. .. .. 65,088 0 1 Sinking fund .. .. 5,741 8 1 Receipts from sales .. .. .. 1,585 19 11 — 95,741 8 1 Receipts from interest on sales .. .. 270 16 7 Expenditure on improvements under section 83 Miscellaneous receipts .. .. .. 248 11 8 of the Land Act, 1924 .. .. .. 800 0 0 Mount Pisa Estate .. •. .. 22,804 5 4 Refunds of revenue .. .. .. 1,013 19 11 Receipts under section 3 (4), Land Laws Amend- Mount Pisa Estate .. .. .. 13,089 6 1 ment Act, 1922, in connection with settlement Acquirement of estates .. .. .. 204 4 0 land proclaimed Crown land .. .. 14,299 7 6 Administration expenses, &c. .. .. 1,374 0 4 Interest on securities held by Investment Ac- Land for settlement of discharged soldiers — count .. .. .. .. 256 8 9 Vote "Expenses" .. .. .. 6,356 5 3 Road access, &<•., to settlements .. .. 11,541 12 4 Balance at 31st March, 1925 — £ s. d. Cash in Public Account .. 6,571 0 4 Imprests outstanding .. 1,060 11 2 ■ ■ ■ 7,631 11 6 £137,752 7 6 £137,752 7 6 Revenue Account for the Year ended 31st March, 1925. Debits. £ s. d. Credits. £ s. d. Interest on loans .. .. .. 144,013 19 3 Accrued rents, &c. .. .. .. 101,750 4 10 Rebates of rent .. .. .. .. 2,832 13 6 Accrued interest on sales .. .. .. 571 2 2 Remissions of rent, &c. .. .. .. 3,140 14 1 Miscellaneous receipts .. .. .. 166 2 5 Reserve for irrecoverable rents .. .. 698 17 1 Interest on purchase price, Mataikona SettleInsurance premiums .. .. .. 13 10 8 ment .. .. .. .. 3,584 5 0 Miscellaneous expenses .. . . .. 42 6 5 Interest on investments .. . . .. 730 1 8 Administration expenses .. .. .. 1,565 19 6 Balance carried down .. .. .. 50,882 9 4 Loss on working of estates .. ■■ 4,013 8 7 Depreciation reserve .. .. •. 5 0 0 Land Purchase Controller —- Expenses of Boards, &c. .. .. .. .. 731 19 1 Access to settlements —Vote " Expenses " .. 625 17 3 £157,684 5 5 £157,684 5 5 £ s. d. £ s. d. Balance brought down .. .. .. 50,882 9 4 Balance .. .. .. .. 167,438 18 4 Balance from previous years .. 81,134. 7 4 Adjustment on account of previous years— Rents charged in advance at 31st March, 1924, &o. .. .. .. .. 29,680 13 7 Sinking fund reserve .. .. .. 5,7418 1 £167,438 18 4 £167,438 18 4 Balance-sheet as at 31st March, 1925. Liabilities. £ s. d. Assets. £ s. d. Loan Account .. .. .. 3,222,050 0 0 Land.. .. .. .. .. 2,179,540 9 10 Interest accrued but not due on loans .. 11,703 15 4 Unpaid purchase price (not yet payable) of Sundry creditors — land .. .. .. .. 8,389 19 8 Consolidated Fund—For interest due on Unpaid purchase price (not yet payable) of loans .. .. .. .. 200,731 13 3 buildings .. .. .. .. 87,578 6 7 Unpaid miscellaneous services — Mount Plant, machinery .. .. .. 83 0 0 Pisa .. .. .. .. 945 4 10 Mount Pisa Estate —Stock, chattels, impleMiscellaneous .. .. .. 3,679 6 8 ments, &c. .. .. .. .. 1,233 18 8 Payments in advance—- Sundry debtors for—• £ s. d. Rents .. .. .. •• 5,287 3 1 Rent, &c. .. .. 77,278 18 7 Principal instalments on buildings .. 209 6 2 Less reserve for irrePrineipal instalments on sales of land .. 189 0 2 eoverable rents .. 1,500 0 0 Interest on sales of land .. .. 6 5 1 75,778 18 7 Depreciation reserve .. .. .. 20 17 6 Principal instalments on buildings .. 7,468 15 5 Writings off Suspense .. ■■ .. 4,379 6 3 Principal instalments on sales of land .. 222 10 0 Rents, &e., charged in advance .. .. 22,707 4 8 Interest on sales of land .. .. 410 16 7 Sinking fund reserve .. .. •• 27,175 1 8 Insurance premiums .. .. .. 6 13 Reserve for unexpended loading for roads, Interest on purchase price, Mataikona &c. .. .. .. .. 100,543 510 Estate .. .. .. .. 16,538 5 0 Interest on investments .. .. 473 12 11 Miscellaneous .. .. .. 963 13 1 Outstanding rents, Suspense .. .. 4,379 6 3 Postponed rent .. .. .. 72,303 1 7 Buildings Suspense Account .. .. 550 0 0 Interest accrued but not due on sales of land .. .. .. .. 117 5 7 Revaluation Board determinations, &e.— Reductions in value of £ s. d. land .. .. 745,244 0 0 Rents written oft .. 109,841 12 0 Remissions granted .. 22,338 16 9 Reductions in value of buildings .. .. 4,250 0 0 Revaluation Committee expenses .. .. 5,467 11 3 887,142 0 0 Sinking fund .. .. .. 27,175 1 8 Depreciation in land-values .. 54,055 7 6 ! Balance of Revenue Account .. 167,438 18 4 Cash in Suspense Account.. .. 146 10 6 Cash in Public Account, 31st £ s. d. 31st March, 1925 .. 6,571 0 4 Imprests outstanding, 31stMarch, 1925 .. .. 1,060 11 2 7,631 11 6 £3,599,627 10 6 £3,599,627 10 6