B.—l [PT. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. £ -s. d. Interest on debentures, &c. .. .. 884,155 15 4 Interest on advances— Charges and expenses of raising loans .. 11,782 2 8 Current .. .. 154,744 1 9 Stamp duty on loans raised .. .. 106 19 5 Section 2—Farms .. 338,756 11 5 Audit i;ees .. .. .. .. 500 0 0 Section 2—Dwellings.. 344,016 15 3 Management expenses .. .. .. 38,768 0 6 Miscellaneous .. 1,450 6 2 Printing and stationery .. .. .. 332 11 5 838,967 14 7 Working-expenses of farms acquired by the Interest on surplus funds temporarily inCrown .. .. .. .. 1,675 1 0 vested .. ~ .. .. 6,478 9 6 Maintenance of plant .. .. .. 749 14 9 Interest on purchase price of stock, MataiRebate of interest .. .. .. 42,939 11 7 kona Settlement .. .. .. 645 0 1 Remission of interest and rent .. .. 2,178 12 2 Rent from properties bought-in by Crown. . 18,689 18 7 Valuation expenses .. .. .. 722 19 8 Profit from sale of properties and stock .. 2,875 0 6 Travelling-expenses of Field Inspectors and Profit from sale of plant .. .. 32 18 2 Inspectors of Securities .. .. 2,019 7 9 Sale of farm-produce, &c. .. .. 2,230 17 5 Loss on realization of securities—Writings- Transfer and production fees .. .. 859 9 6 off in Suspense .. .. .. 250,841 8 1 Valuation fees .. .. .. 330 13 6 Interest written off—Postponements undeT Net Joss for year .. .. .. 371,986 6 9 section 16, Discharged Soldiers Settlement Act, 1921 .. .. .. .. 998 17 10 Depreciation reserve —Plant, &c. .. 1,332 18 0 Reduction of land-value under section 216, Land Act, 1924 .. .. .. 500 0 0 Sundries .. .. .. .. 3,492 8 5 £1,243,096 8 7 £1,243,096 8 7 £ s. d. £ s. d. Net loss for year carried down .. .. 371,986 6 9 Adjustment on account of previous year .. 1,009 8 9 Loss forward from previous year .. .. 410,231 5 0 Balance—Net loss to 31st March, 1926 .. 781,208 3 0 £782,217 11 9 £782,217 11 9 Receipts and Payments "Account for the Year ended 31st March, 1926. Receipts. Payments. £ s. d. Advances on mortgage— £ s. d. £ s. d. Cash in hand .. .. .. .. 178,010 15 6 Current Account .. 588,412 0 9 Cash not cleared through Treasury in pre- Section 2 — Farms Acvious years .. .. •• •• 3 0 0 count .. .. 35,965. 710 Repayment of advances— £ s. d. Section 2—Dwellings AeCurrenl; Account .. 448,230 510 count .. .. 61,244 18 1 Section 2—Farms Account 92,261 15 5 Miscellaneous advances .. 2,594 5 5 Section 2—Dwellings Ac- 688,216 12 1 count .. .. 284,795 6 11 Plant Account—Purchase of motor-ears, &c. 2,269 1 4 Buildings advances .. 175 0 4 Purchase of live and dead stock .. .. 1,301 7 0 Miscellaneous advances .. 1,791 16 1 Sundry estates'—Purchase of stock, and 827,254 4 7 working-expenses .. « .. 3,579 2 1 Property Account — Working-expenses of farm properties acFreehold .. .. 21,604 10 2 quired under power of sale .. .. 1,794 1 11 Leasehold .. .. 11,535 210 Capital expenditure on farms acquired —— 33,139 13 0 through power of sale — £ s. d. Realization Account .. .. .. 55,108 9 1 Property, freehold .. 4,753 18 7 Sale of Farm-produce Account .. .. 2,901 11 4 Property, leasehold .. 2,054 2 4 Sundry estates .. .. .. 7,845 0 7 6,808 0 11 Sale of live and dead stock .. .. 9,211 1 3 Instalments on State Advances mortgages .. 901 18 4 Salfe of plant .. . . .. . • 236 0 9 Realization Account—Expenses incidental Suspense Account .. .. .. 1,953 18 5 to acquisition of properties .. .. 16,599 10 0 Fire Loss Suspense Account .. .. 15,569 8 3 Sundry creditors—Accounts not cleared in Bills receivable .. .. .. 77 4 0 Treasury books in previous years .. 12,900 12 7 Sundry debtors —accounts not cleared in Interest on debentures .. .. .. 340,690 16 2 Treasury in previous years .. .. 4,045 19 3 Interest on transfers from the Consolidated Interest on advances— £ s. d. Fund .. .. . . .. 540,000 0 0 Current Account .. 125,191 15 2 Stamp duties on transfers of stock .. 39 10 0 Section 2—Farms Account 219,022 7 0 Management charges on stock .. .. 106 19 5 Section 2 —Dwellings Ac- Charges and expenses of raising loans .. 1,742 12 8 count .. .. 312,426 3 i Refund of amount received on account Section 2—Buildings Ac- premium on loans .. .. .. 116 3 count .. .. 294 511 Loans repaid .. .. .. .. 13,250 0 0 Miscellaneous .. 281 12 6 Vote, " Expenses of Management"— 657,216 3 8 Supervision and manage- £ s. d. Interest on investments .. .. 11,224 5 0 ment of securities .. 38,810 16 8 Rent and grazing fees .. .. .. 13,987 6 3 Expenses of Revaluation Valuation fees .. ■■ •• 330 3 0 Committee .. .. 3,937 9 9 Production and transfer fees .. .. 846 18 0 42,748 6 5 Sundries .. .. .. 36 13 0 Fire Loss Suspense Account .. .. 10,365 17 2 Suspense Account .. .. .. 938 16 8 Valuation expenses .. .. .. 714 1 2 Printing and stationery .. .. 327 16 11 Travelling-expenses of Supervisors and Inspectors .. .. .. .. 2,023 15 3 Miscellaneous expenditure in connection with properties acquired through exercise of power of sale .. .. .. 3,632 4 11 Maintenance of plant and machinery .. 741 14 7 Working-expenses—Tractor .. .. 527 15 8 Audit fees .. .. .. .. 500 0 0 Sundries .. .. .. .. 1 13 0 Balance— £ s. d. Cash in Public Account .. 15,169 19 4 Imprest outstanding .. 11,284 12 4 Investment Account .. 99,819 0 9 126,273 12 5 £1,818,997 14 11 ' £1,818,997 14 11

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