B—l |PT. IV, Sup.] .

PUBLIC WORKS DEPARTMENT. PUBLIC WORKS FUND : ELLESMERE AND FORSYTH RECLAMATION AND AKAROA RAILWAY TRUST ACCOUNT. (Section 383, Land Act, 1924.) Income and Expenditure Account toe the Year ended 31st March, 1927. Expenditure. £ s. d. Income. £ s. d. To Expenditure under section 6, Ellesmere Land By Rents from Crown lands .. .. 1,826 1 9 3 Drainage Act, 1905 — Interest on loans raised by Board .. .. 439 5 0 Rebates of rent .. .. .. .. 134 .12 7 Cost of administration .. .. .. 80 19 0 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. .. .. .. 1,172 2 8 £1,826 19 3 £1,826 19 3 Balance-sheet as at 31st March, 1927. Liabilities. £ s. d. Assets. £ s. d. Sundry creditors— Sundry debtors for rent .. .. .. 123 10 7 Interest under section 6, Ellesmere £ s. d. Treasury Adjustment Account .. .. 10,233 18 11 Land Drainage Act, 1905 .. 439 5 0 Rents charged in advance .. 451 2 11 Administration .. .. 39 17 8 930 5 7 Accumulated Fund .. .. .. 9,427 3 11 £10,357 9 6 £10,357 9 6 sth July, 1927. J. J. Gibson, Accountant, Public Works Department. I hereby certify that the Income and Expenditure Account 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.—6. F. C. Campbell, Controller and Auditor-General.

103