B. —1 [PT. IV], SUP. TO 1932.

NATIVE DEPARTMENT—continued. NATIVE LAND SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1932. Liabilities. Assets. Loan Capital Account— £ s. d. £ s. d. Land— £ s. d. £ ' s. d. 3 per cent .. • • 2,382 1 1 Blocks fully acquired and 34 per cent. .. .. 381,600 0 0 proclaimed .. .. 2,328,274 7 5 3f per cent. .. .. 84,500 0 0 Orakei Block .. .. 432,707 3 7 4 per cent. .. .. 2.621,500 0 0 Blocks partly acquired and 41 per cent. .. .. 399,000 0 0 unproclaimed .. .. 224,560 18 6 s"per cent. .. .. 305,369 5 1 Interest and purchase ex--54-per cent. .. .. 135,600 0 0 penses capitalized— 54 per cent. .. .. 359,080 0 0 Interest .. .. 36,291 511 4,289,031 6 2 Purchase expenses .. 5,591 12 3 Liability to other accounts — »-3,027,425 7 8 Maori Land Settlement Ac- Unpaid purchase-money— count.. .. .. 2,344 0 11 Land sold on deferred payConsolidated Fund— ment licenses (principal Interest on loan capital .. 836,271 18 2 not yet due and payable) 197,266 11 1 Interest on amount trans- Buildings (subject to repayferred from Maori Land ment over a term of years Settlement Account .. 2,522 19 4 —principal not yet due Loan capital redeemed .. 0 12 3 and payable) .. .. 3,015 5 3 Advances under section 8, 200,281 16 4 Finance Act, 1929— SurveysPrincipal .. •• 1,500 0 0 LiensInterest .. .. 86 5 0 Principal .. .. 193,348 13 1 842,725 15 8 Interest .. .. 105,783 0 0 Sundry creditors— In progress : Native blocks Departmental .. .. 524 5 3 not acquired (survey liens Miscellaneous .. .. 27,096 611 to be registered) .. 5,966 12 10 Deposits on applications to Settlement: Blocks acquired acquire freehold .. 1,557 5 8 by Crown .. .. 11,211 2 6 _ Payments in advance on ac- - 316,309 8 5 count of rents, &c. .. 1,768 1 2 Native land-development— 30,945 19 0 Accounts of units (principal, Reserves, capital: Sinking £72,493 10s. Id.; interest, funds (as per contra) ... .. 38,296 19 0 £2,428 os. 9d.) .. 74,921 10 10 Reserves, revenue Settlement expenditure Orakei'Block (interest) .. 89,177 10 3 (settlers not yet deterAudit fees .. •• 45 0 0 mined) .. .. 239,009 4 8 Writirigs-ofi in Suspense .. 2,220 2 8 Advances under subsection Depreciation, motor-vehicles 111 15 6 (7) of section 522, Native 1 91,554 8 5 Land Act, 1931 .. 5,000 0 0 Rents charged in advance .. .. 14,322 14 9 318,930 15 6 Suspense Accounts — Advances Land-purchase .. •• 456 13 4 To Maori Land Boards under Buildings .. • • 388 12 10 section 340, Native Land Excess liens: Hawke's Bay Act, 1931 .. .. 8,335 4 2 District .. •• 39 18 0 To Native Trustee under sec- ■— 885 4 2 tion 521, Native Land Act, Interest accrued on loan capital (not yet due and 1931 .. .. .. 17,766 0 0 payable) 68,573 17 4 26,101 4 2 Sundry debtors — Departmental: Lands Department .. .. 6,277 9 8 Miscellaneous .. .. 7,068 5 1 Principal instalments on sales on deferred-payment license— Land.. .. .. 6,378 11 7 Buildings .. .. 186 4 9 Interest on sales of land .. 9,433 12 5 Rents .. .. .. 51,500 8 9 Royalties .. .. 521 0 0 Interest on advances under subsection (7) of section 522, Native Land Act, 1931 .. .. .. 24 15 10 — 81,390 8 1 Interest accrued (not yet due and payable)— On land sales .. .. 2,678 16 1 On advances to Maori Land Boards .. .. 107 10 6 On advances to Native Trustee .. .. 74 7 4 2,860 13 11 Losses in Suspense— Outstanding rents, &c. .. 2,187 17 4 Miscellaneous .. .. 32 5 4 2,220 2 8 Carried forward .. .. •• £5,376,336 4 6 Carried forward .. .. .. £3,975,519 16 9

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