B.—l [Pt. IV].

LAND FOR SETTLEMENTS ACCOUNT— continued. Balance-sheet as at 31st March, 1933. Liabilities.

85

General. Cheviot. Na mentTrart° W " Hutt Valley Land. Total. Loan capital— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 3 per cent. .. 69,165 0 0 3£ per cent. .. 1,457,432 5 11 .. 160,918 0 0 3f per cent. 535,000 0 0 4 per cent. .. 5,207,085 3 11 4£ per cent. .. 971,314 12 3 4| per cent. .. 46,100 0 0 £4 19s. 5-88d. per cent. 33,446 6 11 i 5 per cent. ..2,290,420 0 0 5J per cent. .. 1,500 0 0 5J per cent. .. 165,250 0 0 5* per cent. .. 1,335,170 0 0 I 12,111,883 9 0 Less reduction, Finance Act (No. 2), 1,138,600 0 0 1927 ! 10,973,283 9 0 Grown lands included in estates .. 211,940 0 0 Sales of Crown land .. .. 2,183,106 15 0 13,368,330 4 0 Less amount expended in opening up 429,788 1 5 Crown lands 12,938,542 2 7 160,918 0 0 .. .. 13,099,460 2 7 I Accumulated funds— Cheviot Estate .. .. .. .. 462,701 2 1 .. .. 462,701 2 1 National Endowment Trust .. .. .. .. 106,069 15 3 .. 106,069 15 3 Deposits by lessees under section 208, 8,846 3 3 .. .. .. 8,846 3 3 Land Act, 1924 Sundry creditors — Interest on capital from proceeds of 14,120 9 10 Crown land Interest on loans due and unpaid .. 13,910 18 3 Interest on National Endowment Trust 122 15 9 funds Turakina Domain .. .. .. 317 3 1 Departmental .. .. .. 6,163 3 4 .. 124 0 0 Miscellaneous .. .. .. 6,831 10 7 41,466 0 10 .. 124 0 0 .. 41,590 0 10 Interest on loans accrued but not due .. 83,664 8 9 j 1,373 6 3 .. .. 85,037 15 0 Hutt Valley estates — Purchases .. .. .. .. .. .. 164,760 11 9 Roading and incidental expenses .. .. .. .. 223,294 7 4 Interest .. .. .. .. .. .. .. 61,343 5 4 449,398 4 5 Less receipts, section 11 (2a), Hutt .. .. .. 280,258 19 9 Valley Land Settlement Act, 1925 169,139 4 8 169,139 4 8 Railway Improvements Authorization Act, .. .. .. 1,014 14 1 1,014 14 1 1914 : Interest on capital Land Laws Amendment Act, 1929, section 8 — Crown lands .. .. .. 30,136 6 10 National Endowment Account .. 7,643 13 5 Primary Education Account .. 177 19 1 Native Land Settlement Account .. 4,516 8 4 42,474 7 8 .. .. .. 42,474 7 8 Discharged Soldiers Settlement Account — Advances .. .. .. .. 2,715 16 5 Instalment, principal .. .. 41 13 7 2,757 10 0 .. .. .. 2,757 10 0 Payments in advance: Rents, &c. .. 12,682 11 2 13 2 9 75 13 1 0 5 10 12,77112 10 Rents, &c, Adjustment Account .. 129,229 7 9 6,369 10 8 .. 0 3 4 135,599 1 9 Depreciation Reserve : Plant, &c. .. 2,140 13 0 .. .. .. 2,140 13 0 Suspense Account: Deteriorated Land Act 1,052 12 0 .. .. .. 1,052 12 0 Suspense Account: Buildings .. .. 309 1 7 .. .. .. 309 1 7 Reserve for capitalized interest on develop- 17,545 0 0 .. .. .. 17,545 0 0 ment schemes Profit and Loss Appropriation Account .. .. .. .. 120,082 1 6 120,082 1 6 Reserve Account, including unexpended 957,482 17 10 4,636 10 4 .. .. 962,119 8 2 loading for roads Writings off, Suspense .. ..[ 3,377 15 5 .. .. 2,460 3 11 5,837 19 4 Cheviot Estate Account, as per contra .. 230,342 2 11 .. .. .. 230,342 2 11 National Endowment Trust, as per contra \ 47,523 2 11 .. .. .. 47,523 2 11 j£14,519,435 17 8 £636,011 12 1 £106,269 8 4 £292,696 13 4 £15,554,413 II 5