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Receipts and Payments Account for Year ended 31st March, 1931. Receipts. £ s. d. Payments. £ s. d. To Cash in Public Account, Ist April, 1930 .. 2,418 4 2 By Drainage-works, stop-banks, clearing channels, R en t s ~ - .. .. .. 11586 and other expenditure incidental to drainage Rates .. .... 7,824 16 8 operations .. .. .. .. 4,772 9 5 " Thirds" .. .. • • • • 12 1 5 Engineering and administration expenses .. 399 17 7 Interest on investments .. .. .. 16 17 3 Fuel .. .. .. .. .. 16 6 4 Temporary advances from other accounts under Legal expenses .. .. .. .. 63 3 0 section 40, Public Revenues Act, 1926 .. 1,000 0 0 Material and stores .. .. .. 68 12 9 Sundries .. .. .. . • ■ • 382 13 .10 Plant and machinery .. .. .. 101 12 9 Loose tools .. .. .. .. 1 18 4 Compensation for accident .. .. .. 17 16 0 Refund of rates .. .. .. .. 6195 Exchange on cheque recouped to Consolidated Fund .. .. .. .. .. 15 3 3 Temporary transfers from other accounts repaid 1,000 0 0 Balance —Cash in Public Account .. .. 6,306 3 0 £11,770 1 10 £11,770 1 10 Revenue Account for Year ended 31st March, 1931. Dr. £ s. d. | Cr. £ s. d. To Interest on debentures .. .. .. 20,257 6 10 ! By Interest on investments .. .. .. 16 17 3 Interest on temporary advances .. .. 23 610 Accrued rent .. .. .. .. 154 17 10 Exchange recouped to Consolidated Fund .. 15 3 3 "Thirds" .. .. .. .. 12 1 5 Capitalized interest under section 12, Finance Act, 1927 (No. 2) .. .. .. 7,874 18 2 Interest recoverable by rates .. .. 4,000 0 0 Balance transferred to Drainage Works Account 8,237 2 3 £20,295 16 11 £20,295 16 11 Balance-sheet as at 31st March, 1931. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Drainage-works — Expenditure in Loan Account.. .. .. 515,500 0 0 connection therewith (includLess loans redeemed under ing wages, supplies, administraPublic Debt Repayment Act, tion and engineering expenses, 1925 —Securities cancelled and depreciation of plant and amount written off as per capitalized interest charges— contra .. .. ■■ 15,500 0 0 Reduction under section 22, Loan capital as under — Finance Act, 1925 .. 375,131 0 4 ' Debentures at — £ Less securities and amounts 3£ percent... 25,000 written off as per contra .. 15,500 0 0 3| per cent... 10,000 359,631 0 4 4 per cent. .. 405,000 Drainage-works—cost recoverable 4| per cent... 55,000 out of rates .. .. 205,000 0 0 5J percent... 5,000 Capitalized interests—Section 12, 500,000 0 0 Finance Act, 1927 (No. 2) .. 40,373 1 4 Loans redeemed from Consolidated 245,373 1 4 Fund .. .. .. 2,500 0 0 Plant and machinery .. .. .. 11,740 18 8 Less sinking fund in hands of Buildings . . .. .. .. 1,153 5 5 Public Trustee .. .. 1,525 16 0 Loose tools .. .. .. .. 253 16 9 974 4 0 Live-stock . . .. .. .. 1 13 7 Consolidated Fund — Material and stores .. .. .. 769 6 4 Interest paid on loan capital .. 120,920 3 1 Fuel .. .. .. .. 28 9 0 Interest on temporary advances 387 2 3 Land for Settlements Account .. .. 20 0 0 121,307 5 4 Sundry debtorsUnpaid purchase-money for land Rates .. .. .. 6,821 011 taken .. .. .. • • 210 1 1 Law-costs . . .. .. 121 8 4 Sundry creditors — Rents .. .. .. 5 2 4 Interest on debentures .. 96 13 2 Miscellaneous .. .. 36 7 2 Miscellaneous .. .. 617 14 5 Departmental .. .. 28 1 11 Departmental .. .. 49 5 4 7,012 0 8 763 12 11 Stamps on hand .. .. .. 0 6 0 Interest on debentures accrued Losses in Suspense .. .. .. 6 4 2 but not due.. .. .. .. 4,665 6 4 Cash.. .. .. • .. .. 5,306 3 0 Rate Account— Capital .. .. .. 752 7 5 Maintenance .. .. 1,976 7 11 ■ 2,728 15 4 Suspense Account .. .. ■• 606 11 2 Writings off in Suspense Account .. 6 4 2 Payments in advance — Rates .. .. .. 33 13 5 Rent 0 2 6 Miscellaneous .. .. 0 9 0 34 4 11 £631,296 5 3 £631,296 5 3 W. Robertson, Under-Secretary for Lands. 6th July, 1931. W. E. Shaw, Accountant. I hereby certify that the Receipts and Payments, Rate, and Revenue Accounts 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.- —G-. F. C. Campbell, Controller and Auditor-General.

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