B.—l [Pt. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1936. Liabilities. Assets. Capital — £ s. d. £ s. d. Advances on mortgages — £ s. d. £ s. d. Transfer from Consoli- Current Account .. 1,476,501 5 3 dated Fund at 4 per Farms, orchards, &c. .. 5,563,461 14 10 cent. .. .. 13,500,000 0 0 Dwellings .. .. 3,897,943 0 4 Reduction under seotion 10,937,906 0 5 22, Finance Act, 1927 Land leased under sections 4 and 5 of Dis(No. 2) .. .. 2,650,000 0 0 charged Soldiers Settlement Amendment Act, 1921-22 .. .. .. .. 432,745 12 9 10,850,000 0 0 Buildings: Unpaid purchase price (not yet payLess repaid as per able) of buildings, &c., on Crown properties 19,686 4 8 Finance Act, 1931 Sundry advances merged with value of Crown (No. 4) .. 4,850,000 0 0 lands (section 20, Discharged Soldiers Settlement Amendment Act, 1923) .. .. 32,728 0 0 6,000,000 0 0 Deferred-payment sales under section 9, DisDepreciation Fund .. 46,160 0 0 charged Soldiers Settlement Amendment Redemption from Public Act, 1921-22 .. .. .. .. 2,027 8 5 Debt Repayment Ac- Realization Account: Properties in course of count .. .. 778,116 19 8 realization .. .. .. .. 195,687 19 8 Debentures issued (at 3 Properties acquired by the £ s. d. per cent., £265,483 18s. Crown on realization .. 739,263 8 7 Bd.; at 3£ per cent., Less Mortgage Corporation £416,130; at 3f per interests .. .. 911 16 6 cent., £136,500; at 4 738,351 12 I per cent., £2,956,880; Live-stock, &c. .. .. .. .. 14,046 17 6 at 5J per cent., £400) 3,775,393 18 8 Capital expenditure, Employment Promotion Hypothecation of securi- Fund .. .. .. .. 166 4 4 ties, section 7 (2), Fi- Sundry debtors for principal nance Act, 1931 (No. 4), instalments — £ s. d. at 3 per cent. .. 2,900,000 0 0 Farms Account .. .. 204,314 4 0 13,499,670 18 4 Dwellings .. .. 121,472 16 3 Employment Promotion Fund : Capital .. 166 4 4 Merged transactions .. 1,925 19 8 Sundry creditors for interest— Buildings Account .. 2,122 11 2 Interest due and unpaid £ s. d. Deferred-payment sales .. 914 5 on debentures .. 376 3 2 329,845 5 6 Interest due and unpaid Sundry debtors for interest — on transfer from Con- Current Account .. .. 102,410 1 8 solidated Fund .. 915,884 18 7 Farms Account .. .. 241,310 14 9 Interest accrued oil trans- Dwellings . . .. 36,649 8 3 fer from Consolidated Merged transactions .. 2,901 I 0 Fund .. .. 19,726 0 7 Buildings Account .. 1,28113 5 Interest accrued on de- Deferred-payment sales .. 29 6 6 bentures .. .. 38,662 1 3 Miscellaneous advances .. 121 2 6 Interest on redemptions 384,703 8 1 from Public Debt Re- Sundry debtors for — payment Account .. 99,754 10 10 Rents of properties .. 44,071 9 7 Interest paid from Con- Miscellaneous advances .. 3,754 16 8 solidated Fund .. 108 12 6 Departmental .. .. 492 0 4 1,074,512 6 11 48,318 6 7 Sundry creditors — Miscel- Postponements— laneous services— Under Discharged Soldiers Miscellaneous .. .. 7,378 9 10 Settlement Acts, &c.— Departmental .. .. 1,004 5 11 Instalments of principal— 8,382 15 9 Farms .. .. 74,204 18 1 Miscellaneous credit balances on Dwellings .. .. 3,079 18 2 debtors' accounts — Buildings .. .. 151 5 4 Advances—• — 77,436 1 7 Current Account .. .. 8,563 9 5 Interest — Dwellings .. .. 815 2 Current Account .. 5,366 18 10 Principal instalments — Farms .. .. 59,075 2 7 Farms, &c. .. .. 727 13 11 Dwellings .. .. 1,870 12 3 Dwellings, &c. .. .. 744 2 3 Buildings .. .. 36 2 6 Miscellaneous advances .. 904 17 0 Rent .. .. 3,048 9 2 Interest— 69,397 5 4 Current Account .. .. 154 6 2 Under Mortgagors and TenFarms, &c. .. .. 3,136 2 10 ants Relief Act, 1933— Dwellings .. .. 891 16 5 Instalments of principal— Buildings .. .. 84 5 4 Farms .. .. 5,213 411 Miscellaneous .. .. 0 19 9 Dwellings .. .. 158 0 8 Deferred payments .. 0 7 2 5,371 5 7 Rents .. .. .. 604 15 5 Interest— 15,821 10 10 Farms .. .. 3,598 22 Rents charged in advance .. .. 5,699 18 8 Dwellings .. .. 109 3 3 Interest charged in advance .. .. 114 17 6 Current Account .. 783 14 3 Suspense Accounts — £ s. d. 4,490 19 8 Fire Loss Account .. .. 4,114 7 8 Rent .. .. .. .. 15 0 0 Receipts unallocated .. 2,315 16 2 Interest on advances accrued but not due .. 94,454 17 8 Surpluses on realization not yet Losses in Suspense .. .. .. 92,18707 allocated .. .. 1,914 8 10 Remissions in Suspense: Rural Mortgagors' 8,344 12 8 Final Adjustment Act, 1934r-35 .. .. 1,415 4 6 Writings-off in Suspense .. .. .. 92,187 0 7 Cash balance —■ £ s. d. Liabilities discharged under section 22, Finance In Public Account .. 144,273 15 5 Act, 1927 (No. 2), to write ofl accumulated Imprests outstanding .. 7,477 8 10 losses, as per contra .. .. .. 3,969,759 10 11 — — 151,751 4 3 Revenue Account: Accumulated loss .. 1,072,168 6 5 Accumulated losses written ofi under section 22, Finanoe Act, 1927 (No. 2) .. .. 3,969,759 10 11 £18,674,659 16 6 £18,674,659 16 6 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Chief 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 comment that no charge for the cost of exchange on payments made in London is included in the account. — J. H. Fowler, Deputy Controller and Auditor-General.

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