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DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1925. Liabilities. Assets. Capital Account— £ s. d. % s. d. Advances on mortgages— £ s. d. £ s. d. Securities issued .. 6)587,83!) 16 8 Current Account .. 3,128,911 4 7 Redeemed from Con* Section 2—Farms, &c. 6,971,773 15 9 solidated Fund .. 2,500 0 0 Section 2—-Dwellings, Transferred from Con- &c. .. .. 6,867,472 6 8 solida-ted Fund .. 13,500,000 0 0 —-—— ——■ —'16,968,157 7 0 ■—*— 4 —-—' 20,090,335 16 8 Instalments of principal Interest on loans accrued to 31st March, outstanding— 1925, but not payable on that date .. 101,838 4 8 Section 2 —Farms, &c. 79,041 5 2 Sundry creditors —Interest unpaid on de- Section 2 —Dwellings.. 21,714 19 7 bentures .. .. .. .. 2,316 10 6 —-—-— — 100,756 4 9 Consolidated —-For interest unpaid .. 540,000 0 0 Unpaid purchase price (not yet payable) of Sundry creditors—Payments in advance .. 16,357 16 6 buildings on Crown properties being paid Land for Settlements Account (Discharged off by instalments .. .. .. 6,547 2 5 Soldiers Settlement) —-Accrued interest on Sundry debtors for instalments of principal purchase-money, Mataikona Settlement.. 16,538 5 0 on buildings .. .. .. 92 I 7 Sundry creditors for— £ s. d. Postponed instalments of principal .. 41,059 12 5 Miscellaneous services 12,903 18 7 Interest outstanding—■ £ s. d. Advances from State Current Account .. 150,335 15 8 Advances Office on Section 2—-Farms, &e. 255,059 1 2 properties acquired Section 2—-Dwellings, by Crown .. 8,767 17 4 &c. .. .. 24,604 6 5 Private mortgages .800 0 0 — 429,999 3 3 22,471 15 11 Sundry debtors for interest on buildings on Suspense Account .. .. .. 319 18 5 Crown properties .. .. .. 123 18 4 Realization Suspense .. .. .. 2,636 0 9 Interest on advances accrued but not duo.. 134,698 16 6 Writings-off in Suspense .. .. 93,342 4 8 Postponed interest on advances .. .. 183,135 I 8 Property Account—Deposits on sales un- Interest accrued and unpaid on surplus completed .. .. .. .. 56 310 funds temporarily invested .. .. 6,702 11 0 Fire Loss Suspense .. .. .. 6,640 19 11 Sundry debtors — Rents charged in advance .. .. 453 12 7 For sale of stock .. .. .. 847 16 7 Depreciation reserve .. .. .. 1,632 6 3 For rent of properties .. .. 4,888 9 2 Sinking fund reserve .. .. .. 56,101 17 1 For working-expenses of tractor .. 213 19 9 Miscellaneous advances (rates, insurances, &o.) .. .. .. .. 1,178 12 2 Interest on miscellaneous advances .. 5 117 Miscellaneous —Expenses recoverable from other Departments, &c. .. .. 5,025 5 4 Bills receivable .. .. .. 686 5 4 Machinery and plant .. .. .. 5,119 18 8 Property Account —Properties acquired by Crown— £ s. d. Freehold .. .. 666,747 12 7 Leasehold .. .. 282.766 16 3 949,514 8 10 Sundry advances merged with value of Crown lands —-Section 20, Discharged Soldiers Settlement Amendment Act, 1923— £ s. d. Land. .. -. 14,093 6 4 Principal instalments due .. .. 152 10 3 Interest due . . 824 10 7 15,070 7 2 Realization Account —- Properties in course of realization .. 412,962 13 4 Live stock on hand . .. .. 36,651 9 9 Dead stock on hand .. .. . . 4,645 5 11 Losses in Suspense .. .. .. 93,342 4 8 Sundry Estates Account —Live and dead stock .. .. .. .. 20,031 7 9 Office requisites .. .. ■ . 20 7 I Loan interest paid in advance .. -. 11,258 2 8 Sinking fund .. .. .. 56,101 17 1 Charges and expenses of raising loans .. 165,000 0 0 Revaluation Board determinations, &c. — Reductions in mortgage £ s. d. values .. .. 508,379 11 5 Interest written off .. 149,350 10 1 Remissions of interest 16,185 17 1 Rent written off, &c... 89 3 4 Revaluation Committee expenses .. .. 27,095 13 9 Revaluation Board expenses .. .. 7,859 14 10 708,960 10 6 Revenue Account—-Net loss .. .. 410,231 5 0 Cash in Suspense Account .. .. 3 0 0 Balance— Cash in Public Account, £ s. d. 31st March, 1925 .. 6,388 16 9 Imprests outstanding.. 12,361 18 9 Investment Account .. 159,260 0 0 178,010 15 6 £20,951,041 12 9 £20,951,041 12 9 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Chief Accountant.

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