C.—9

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT —continued. Revenue Account for Year ended 31st March, 1931. Dr. £ s. d. Cr. To Interest accrued, on transfer from Consolidated By Interest on advances— £ s. d. £ s. d. Fund .. .. .. .. 434,000 0 0 Current account .. 97,218 12 5 Interest accrued on debentures .. .. 254,275 16 9 Farms, orchards, &c. .. 330,902 16 2 Rebates .. .. .. .. 42,176 13 5 Dwellings,business premises, Management expenses .. .. .. 39,950 0 0 &e. .. .. .. 286,074 4 3 Remissions of rent and interest— £ s. d. Miscellaneous .. .. 2,933 6 0 Land Board recommenda- • — 717,128 18 10 tions .. .. 10,142 4 7 Rents and royalties from properties acquired Remissions under Deterior- by Crown .. .. .. .. 28,543 12 0 ated Land Act, 1925 .. 687 1 5 Interest on surplus funds temporarily invested 7,706 8 8 Dominion Revaluation Interest on investment in Public Debt ReBoard remissions .. 5,185 4 4 demption Fund .. .. .. 1,727 15 0 16,014 10 4 Profit on disposal of properties .. .. 592 10 3 Reductions in value of se- Profit on disposal of plant .. .. 12 12 10 curities — Recoveries of losses previously written off .. 1,058 0 0 Losses written off —Writ- Transfer and production fees .. .. 422 3 7 ings-off in Suspense .. 174,988 11 9 Valuation fees .. .. .. .. 109 15 6 Losses written off under sec- Balance —Loss for year, carried down .. 234,007 15 6 tion 4, Discharged Soldiers Settlement Amendment Act, 1924 .. .. 227 0 2 Amount written off capital value of leases under sections 4 and 5, Discharged Soldiers Settlement Amendment Act, 1921-22 430 0 0 Reduction by Dominion Revaluation Board under section 9, Discharged Soldiers Settlement Amendment Act, 1923 .. 16,238 16 8 Reductions by Dominion Revaluation Board under section 3 (5), Discharged Soldiers Settlement Amendment Act, 1924 .. 6,600 0 0 Reductions under section 216, Land Act, 1924 .. 2,196 7 5 — 200,680 16 0 Miscellaneous expenses, &c.— Audit fees .. .. .. .. 700 0 0 Commission on sale of properties 13 15 7 Depreciation on plant, &c. .... 77 4 5 Incidental expenditure in connection with properties acquired .. .. .. 1,570 18 5 Printing and stationery .. .. 272 12 4 Recoupment to Consolidated Fund of cost of exchange on cash remitted to London for investment.. .. .. .. 1,038 16 9 Stamp duty and management expenses in connection with consolidated stock .. 182 3 10 Travelling-expenses of Inspectors of Securities .. .. .. .. 238 0 7 Valuation expenses .. .. .. 118 3 9 £991,309 12 2 £991,309 12 2 £ s. d. £ s. d. To Balance —Loss for year, brought down .. 234,007 15 6 By Transfer from Reserve for losses on abandoned Balance forward from previous year .. 42,453 211 holdings .. .. .. .. 81,202 3 0 Adjustment Account, previous year's .. 714 9 Transfer from General Reserve .. .. 26,849 0 9 Balance—Accumulated loss to 31st March, 1931 .. .. .. .. 168,417 9 5 £276,468 13 2 £276,468 13 2

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