65

B.—l [Pt. IYI.

NATIVE LAND SETTLEMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1925. Receipts. Payments. To Balance, Ist April, .1924 — £ s. d. £ s. d. By Payments on account of pro- £ s. d. £ s. d. Cash in Public Account .. 29,118 12 1 claimed lands — Imprests outstanding .. 31 12 4 Charges on rents received — 29,150 4 5 Refunds of rents .. 1,067 1 1 Receipts by Lands Depart- Loan deductions (prinment— cipal and interest) on Rents, royalties, and in- account of roading, &c. 5,721 2 5 terest .. .. 6G,362 6 7 "Thirds" to local Sales of land .. .. 54,507 14 2 bodies .. .. 5,995 16 8 Survey liens .. .. 14,734 9 3 Miscellaneous receipts .. 476 10 0 12,784 0 2 136,081 0 0 Other payments — Repayment of Advances to Refund of deposits on Maori Land Boards — sales .. .. 2,71011 0 Principal .. .. 1,353 7 4 Compensation for roads Interest .. .. 885 9 1 taken, &c. .. .. 5 0 0 — 2,238 16 5 Cost of surveys of UreRepayment of mortgage ad- wera and other blocks 3,951 11 4 vance on Native land Cost of surveys secured from Public Works Fund by liens, &c. .. 22,114 8 3 (1913-14) — Refunds of survey liens 41 15 9 Principal .. .. 58 9 6 Administration expenses Interest .... 67 5 1 of above (Lands De125 14 7 partment) .. .. 4,718 9 8 Loans raised— 46,325 16 2 Proceeds of debentures Payments on account of unissued .. .. 89,323 8 4 proclaimed land — Proceeds of inscribed stock Purchase-money.. .. 87,560 10 4 issued .. .. 200,000 0 0 Purchase expenses .. 2,676 5 5 289,323 8 4 90,236 15 9 Transfer from Loans Stamp Recoupments to Consolidated Duty Deposit Account .. .. 116 19 8 Fund— Charges and expenses of raising loans .. .. 5,507 16 10 Charges and expenses of redemption . . . . 150 0 0 Management charges of stock .. .. 6 6 5 Stamp duty on transfers of stock .. . . 103 8 8 Interest on loans .. 150,707 10 11 Sinking Fund instalment-.. 5,986 3 10 162,461 6 8 Balance, 31st March, 1925— Investment Account .. 90,000 0 0 Cash in Public Account .. 67,982 15 6 Imprests outstanding .. 29 9 4 158,012 4 10 £457,036 3 5 j £457,036 3 5 Interest Account for the Year ended 31st March, 1925. Dr. £ s. d. £ s. d. Gr. £ s. d. To Interest on loan capital .. 153,391 7 0 By Interest on amounts held in Investment Account 1,200 0 0 Less amount transferred to Interest on advances to Maori Land Boards .. 650 17 10 block accounts as part of Interest on survey liens .. .. ... 9,320 2 4 purchase costs .. .. 15,285 2 7 Interest on unpaid principal of land-sales .. 7,657 15 8 138,106 4 5 Balance carried down .. .. .. 119,382 17 7 Interest on balance of amount transferred from Maori Land Settlement Account, 1913-14 .. 105 9 0 £138,211 13 5 £138,211 13 5

9—B. 1 [PT. IY].