B.—l [PT. IV], SUP. TO 1934.

LANDS AND SURVEY DEBASEMENT— continued. surveys of native land account. Revenue Account foe the Year ended 31st Maboh, 1934. £ s. d. £ s. d. To Irrecoverable interest .. .. .. 1,735 5 0 By Interest on liens .. .. ' .. .. 9,543 12 2 Interest on Public Works Fund: Capital .. 8,976 14 9 Balance carried forward .. .. .. 1,168 7 7 £10,711 19 9 £10,711 19 9 Balance-sheet as at 31st March, 1934. Liabilities. • Assets. £ S. d. Capital— £ s. d. Liens .. .. .. .. .. 199,175 18 1 Public Works Fund .. .. .. 196,699 1 5 Interest on liens .. .. .. .. 121,849 8 4 Reserve Account: Losses on liens included in con- Suspense Account: Liens not yet established .. 12,789 13 6 solidation schemes .. .. .. .. 14,526 10 8 Losses in suspense .. .. .. ■• 1,795 7 6 Sundry creditors : Departmental .. .. 335 16 10 Revenue Account: Loss for year .. .. 1,168 7 7 Payments in advance — £ s. d. On account principal .. 404 15 8 On account interest .. 0 2 4 404 18 0 Writings-off in suspense .. .. .. 1,795 7 6 Treasury Adjustment Account .. .. 123,017 0 7 £336,778 15 0 £336,778 15 0 Note.—( a ) The Revenue Account includes a charge for interest for which the department has no parliamentary appropriation; (b) No part of the premium on conversion of the loan liability of the Public Works Fund General Purposes Account is reflected in this Account. W. Robertson, Under-Secretary for Lands. Wμ. E. Shaw, Accountant. I hereby certify that the Revenue Account 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, subject to the above departmental notes.—G. F. C. Campbell, Controller and Auditor-General.

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