B.—l [Pt. IV], Sup. to 1934.

NATIVE DEPARTMENT—continued. NATIVE LAND SETTLEMENT ACCOUNT. Obakei Block Account. Trading Account for Year ended 31st March, 1933. Dr. Cr. £ s. d. £ s. d. To Land on hand (at cost, plus expenses of sub- £ s. d. By Sales .. . . .. 950 0 0 division, roading, &c.), as at Ist April, 1932 364,886 14 4 Less value of section forfeited . . 600 0 0 £ s. d. 350 0 0 Internal roading . . .. 81 10 0 Land on hand (at cost, plus expenses of Surveys and contingencies : Adver- subdivision, roading, &c.), as at 31st March, tising, 18s. 9d. ; building repairs, 1933 .. .. .. .. .. 364,802 18 9 £15 12s. sd. ; insurance premiums, £3 4s. 2d.; rates (net), £18 2s. 2d. .. .. .. 37 17 6 Orakei Channel (Purewa) Bridge (adjustment) .. .. . . 137 7 2 256 14 8 Balance transferred to Profit and Loss Account (gross profit) .. .. .. .. 9 9 9 £365,152 18 9 £365,152 18 9 Profit and Loss Account for the Year ended 31st March, 1933. Dr. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 99 10 7 By Gross profit transferred from Trading Account.. 9 9 9 Loss on building sold for removal .. .. 489 9 0 Accrued interest (deferred pay- £ s. d. Depreciation Reserve: Buildings .. .. 90 0 8 ments) .. .. .. 2,997 14 8 Interest on capital— £ s. d. Accrued, rent .. . . 339 0 2 Interest on purchase-money 6,974 7 0 3,336 14 10 Interest on expenditure under Forfeited deposits .. .. .. .. 35 15 5 section 417 .. .. 14,521 6 9 Balance, being net loss for year ended 31st 21,495 13 9 March, 1933, transferred, to Appropriation Writings-off in Suspense (irrecoverable deferred- Account .. .. .. .. 18,881 7 5 payment interest) .. .. .. 88 13 5 £22,263 7 5 £22,263 7 5 Appropriation Account. £ s. d. £ s. d. To Balance as at Ist April, 1932 .. .. 61,451 10 5 By Recovery of previous year's expenditure .. 137 7 2 Profit and Loss Account .. .. .. 18,881 7 5 Balance (31st March, 1933) carried forward .. 80,195 10 8 £80,332 17 10 £80,332 17 10 Balance-sheet as at 31st Mabch, 1933. Liabilities. Assets. £ s. d. Sundry creditors for payment in ad- Land (at cost, plus expenses of roading, subdivivance— £ s. d. £ s. d. sion, &c.) .. .. .. .. 364,802 .18 9 Rent •.. .. .. .. 013 0 Buildings .. .1 .. .. .. 2,597 10 0 Deferred-payment interest .. 0 0 1 Debtors for deferred-payment in013 1 stalment— £ s. d. Rent Adjustment Account .. .. .. 58 14 4 Principal .. .. .. 768 11 8 Depreciation Reserve : : Buildings .. .. 279 12 8 Deferred-payment interest .. 3,280 2 0 Native Land Settlement Account .. .. 510,463 16 0 Rent .. .. .. 124 8 0 Sales of land .. .. 58,286 18 10 62,460 0 6 Rent Adjustment Account . . . . .. 746 16 2 Profit and Loss Appropriation Account .. 80,195 10 8 £510,802 16 1 £510,802 16 1

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