B—l [PT. IY, Sup.]

14

LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1925. Receipts. Payments. £ e. d. £ s. d. £ s. d. £ s. d. To Cash in Public Account, let By Recoupment under section 4, April, 1924 .. .. 42,508 8 8 Finance Act, 1919— Imprests outstanding .. 4,290 15 5 Interest .. .. 372,299 4 6 Investment Account .. 100,000 0 0 Sinking Fund .. .. 11,762 9 6 146,799 4 1 384,061 14 0 Receipts under section 191, Land Act, 1908, Sinking Fund under section 26, State Advances and section 208, Land Act, 1924 .. .. 187 3 2 Act, 1913 .. .. .. .. 16,237 0 0 Receipts from rents .. .. .. 345,003 10 3 Amount set aside under section 63, Land Laws Receipts from sales .. .. .. 274,225 13 3 Amendment Act, 1913 .. .. .. 15,000 0 0 Teviot Estate .. .. .. .. 29,269 19 3 Transfer to Loans Redemption Account for Clifton Estate .. .. .. .. 15,005 15 4 redemption of debentures under Land for Credits in reduction of expenditure on estates 528 17 5 Settlements Act, 1908 .. .. .. 50,800 0 0 Interest on securities held by Investment Ac- Transfer to Loans Redemption Account for count .. .. .. .. 4,843 12 0 redemption of debentures under section 24, Stock (4£ per cent.) issued under New Zealand Finance Act, 1921-22 .. .. .. 100,000 0 0 State-guaranteed Advances Act, 1909, and Recoupment to Ordinary Revenue Account of 1910 (Land for Settlements Branch) .. 58 4 5 amount charged thereto for reduction of Recoveries on account of expenditure of funded debt under sections 82 and 42 (6), previous years (interest on value of workers' Land for Settlements Act, 1908 .. .. 411 19 8 dwellings taken over) .. .. .. 31,255 6 8 Management charges on bonds and consolidated Amount received from State Advances Office stock .. . . .. .. .. 26 8 9 under section 26, Finance Act, 1924 (value Expenses of redemption of loans .. . . 130 0 0 of workers'dwellings taken over) .. 10,715 2 10 Interest under subsection (8) of section 191, Miscellaneous .. .. .. .. 1,320 110 Land Act, 1908, and subsection (8) of section 208, Land Act, 1924 .. . . 160 6 1 ! Refunds of revenue— £ s. d. Rents .. .. 4,345 0 6 Sale of settlement land .. 1,364 3 8 Sale of Crown land .. 1,389 17 11 7,099 2 1 Land for settlement expenses (vote) .. 8,323 6 8 Acquirement of estates .. .. ..153,18112 6 Administration expenses, &c. .. .. 8,431 14 7 Teviot Estate .. .. .. .. 5,849 11 2 Clifton Estate .. .. .. .. 18,166 14 11 Road access, &c., to settlements .. .. 7,222 17 ,3 Miscellaneous expenses .. .. .. 81 7 5 Payment for buildings—Hikuai Settlement .. 6 0 0 Expenditure under section 20 (3), Land Act, 1924 .. .. .. .. .. 1,130 13 0 Expenditure under section 20 (4), Discharged Soldiers Settlement Amendment Act, 1922.. 6,910 0 0 j Expenditure under section 83, Land Act, 1924 780 0 0 Expenditure under section 3 (4), Land Laws Amendment Act, 1922 .. .. .. 14,299 7 6 £ s, d. Cash in Public Account, 31st March, 1925 .. .. 1,731 13 0 Imprests outstanding .. 1,671 1 11 Investment Account .. 57,500 0 0 60,902 14 11 £859,212 10 6 £859,212 10 6 Revenue Account for the Year ended 31st March, 1925. Dr. £ s. d. Gr. £ s. d. To Interest on loans .. .. .. .. 369,808 11 0 By Accrued rents, &c. .. .. .. 436,113 4 0 Rebates of rent .. .. .. .. 31,384 19 7 Accrued royalties .. .. .. 48 9 11 Remissions of rent .. .. .. 2,653 1 7 Accrued interest on sale of Crown land .. 12,646 17 0 Irrecoverable rents, &c. .. .. .. 1,909 13 4 Accrued interest on sale of settlement land .. 25,670 5 9 Insurance premiums .. .. .. 59 17 9 Accrued interest on investments .. .. 4,672 8 1 Advertising expenses .. .. .. 6 13 6 Miscellaneous .. .. . . .. 167 12 6 Depreciation on loose tools .. .. 37 14 6 Transfer from Reserve for Irrecoverable rents .. 2,500 0 0 Interest under section 191, Land Act, 1908, Interest on amounts set aside under section 63, and under section 208, Land Act, 1924 .. 160 6 1 Land Laws Amendment Act, 1913 .. 24,101 5 10 Administration expenses .. .. .. 9,053 9 4 Profit on working of estates .. .. 727 2 1 Miscellaneous expenses .. .. .. 81 7 5 Management charges of bonds and consolidated stock .. .. .. .. .. 26 8 9 Charges and expenses of raising loans . . 1,239 16 4 Reserve for depreciation .. .. .. 179 16 6 Sinking Fund Reserve Account .. .. 27,999 9 6 Land Purchase Controller —Expenses of Board, &e.—• Travelling-expenses .. .. .. 275 18 8 Telephone services .. .. .. 25 17 2 Preliminary expenses .. .. . . 311 12 5 Salaries .. .. .. .. 460 5 11 Postages, &c. .. .. .. .. 33 12 0 Office requisites, printing, &c. .. .. 36 8 6 Advertising .. .. .. .. 4 7 6 Audit fees ........ 45 0 0 Rent .. .. .. .. .. 43 0 0 Land for settlement expenses (vote) .. 86 3 8 Balance carried down .. .. .. 60,723 14 2 £506,647 5 2 ..£506,647 5 £ s. d. £ s. d. To Adjustment on account of previous years .. 113,371 14 11 By Balance brought down .. .. .. 60,723 14 2 Balance.. .. .. .. .. 77,759 10 11 Balance from previous year .. .. 130,407 11 8 £191,131 5 10 £191,131 5 10