B —1 [Pt. IV].

NATIVE DEPARTMENT—NATIVE LAND SETTLEMENT ACCOUNT—continued. Interest Account. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loan capital .. 154,348 7 4 By Interest on amount held in Less amount transferred to Investment Account .. 4,193 17 11 blocks as part of purchase Interest on advances to Maori costs .. .. .. 18,255 2 0 Land Boards .. .. 617 16 11 ■ —— 136,093 5 4 Interest on survey liens .. 9,357 1 0 Interest on balance of amount Interest on unpaid purchase - transferred from Maori Land money of land sold on de • Settlement Account, 1913-14 .. 105 9 8 ferred-payment license .. 8,514 7 0 22,683 2 10 Balance transferred to the debit of Revenue Account .. .. 113,515 12 2 £136,198 15 0 £136,198 15 0 Revenue Account for the Yeah ended 31st March, 1926. Revenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. To Balance transferred from In- By Rents .. .. .. .. .. 63,724 9 4 terest Account .. .. .. 113,515 12 2 Royalties .. .. .. .. 1,644 6 7 Charges on rents —Local bodies Miscellaneous .. .. .. .. 5 0 0 " thirds," " fourths," and Forfeited deposits .. .. .. 5 3 2 "halves" .. .. 5,613 11 5 Balance transferred to Net Revenue Account .. 73,863 8 5 Loan repayments —Loans raised under Local Bodies' Loans Act, 1908, and under section 47, Land for Settlements Act, 1925, for roading and other expenditure incurred in opening up land for settlements .. .. 5,404 0 0 11,017 11 5 Rebate of rents .. .. 3,272 4 7 Remission of rent .. .. 1,811 610 Rents irrecoverable .. 1,881 7 7 6,964 19 0 Administration expenses (Lands Department) .. .. 7,220 10 2 Miscellaneous expenses .. 93 16 4 7,314 (i o Loan expenses— Stamp duty on transfer of stock, cost of raising loans, and management charges of stock .. .. .. 429 18 5 £139,242 7 6 ' £139,242 7 6 Net Revenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. To Balance at Ist April, 1925 ..358,308 6 8 By Balance as at 31st March, 1926 .. .. 469,176 8 6 Adjustments on account for previous years .. .. 37,004 ] 3 5 — — 395,313 0 1 Net loss for year ended 31st March, 1926 .. .. .. 73,863 8 5 £469,176 8 6 £469,176 8 6 —■— i

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