B.—l [Ft. IV], Sup. to 1934.

NATIVE DEPARTMENT—continued. NATIVE LAND SETTLEMENT ACCOUNT—continued. Interest Account for the Year ended 31st March, 1933. £ s. d. • £ s. d. Gr. £ s. d. To Interest on loan capital .. 185,4-20 12 0 By Interest on amounts held in Investment AcLess amount transferred to count .. . . .. .. 354 16 0 blocks as part purchase Interest on cash paid to Public Debt Redempcosts .. .. 10,396 3 7 tion Fund .. .. .. .. 2,441 19 5 175,024 8 5 Interest capitalized on amounts expended on Interest on advances from Consolidated Fund 111 12 3 development schemes .. .. .. 22,224 19 11 Interest on balance of amount transferred from Interest on unpaid purchase of land sold on Maori Land Settlement Account, 1913-14 .. 105 9 8 deferred-payment license .. .. 22,219 911 Interest on resale of motor-cars to farm directors under hire-purchase agreements .. 2 10 11 Interest on advances under section 340, Native Land Act, 1931 (Maori Land Boards) .. 325 15 II Interest on advances under subsection (7), section 522, Native Land Act, 1931 (Native settlers) . . . . . . .. 260 0 0 Interest on advances under section 521, Native Land Act, 1931 (Native Trustee.) .. .. 1,742 19 7 Balance transferred to Revenue Account .. 125,668 18 8 £175,241 10 4 £175,241 10 4 Revenue Account fob the Year ended 31st March, 1933. Dr. £ s. d. Gr. £ s. d, £ s. d. To Balance transferred from Interest Account .. 125,668 18 8 By Rents .. .. .. 60,789 11 1 Charges on rents — £ s. d. Royalties .. .. .. 1,846 211 Local bodies: "Thirds" .. 1,317 3 7 Recovery of loss .. .. 26 16 2 Rebates of rents, &c. .. 2,208 1 8 Forfeited deposits .. .. 246 7 3 Remissions of rent: Ordi- — 62,908 17 5 nary, £21,122 7s. 9d. ; Balance transferred to Net Revenue Account 101,874 11 8 under Deteriorated Land Act, 1925, £69 os. 2d. .. 21,191 7 11 24,716 13 2 Irrecoverable expenditure on Crown land : Cost of roading, &c., £670 6s. 4d. ; improving and developing, &c., £769 6s. Bd. .. 1,439 13 0 Irrecoverable rents transferred to Suspense Account .. .. .. .. 559 8 10 Administration expenses (Lands Department) 1,754 15 7 Expenses (Native Department)— £ s. d. Purchase and general administration expenses .. 762 2 8 Native land - consolidation expenses .. .. 530 17 I Native land-development expenses .. .. .. 8,969 5 7 10,262 5 4 Miscellaneous expenses .. .. .. 215 15 11 Loan expenses : Stamp duty on transfers of stock, &c. .. .. .. .. 165 18 7 £164,783 9 1 £164,783 9 1 Net Revenue Account foe the Year ended 31st March, 1933. Dr. £ s. d. Gr. £ s. d. £ s. d. To Balance, Ist April, 1932 .. .. 1,259,275 15 3 By Adjustments on account of Adjustments on account of pre- previous years— vious years— £ s. d. Lands Department: AppreLand Account: Depreeia- ciation of assets .. 2,164 6 0 tion of assets . . .. 30,696 4 9 Lands Department: MiseelMiscellaneous: Lands De- laneous .. .. 20,323 1 6 partment, £16,722 16s. Id.; Native Department: MiscelNative Department, £139 laneous .. .. 134 18 11 ss. 2d. .. .. 16,862 1 3 22,622 6 5 47,558 6 0 Native Department: Capitalized interest .. 33,135 0 7 Accumulated loss: Orakei Block .. .. 80,195 10 8 Balance» 31st March, 1933 .. .. 1,433,146 16 7 Net loss for year ended 31st March, 1933 .. 101,874 11 8 £1,488,904 3 7 £1,488,904 3 7

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