B.—l [PT. IV],

LANDS AND SURVEY DEPARTMENT—continued. OTAGO UNIVERSITY ENDOWMENT ACCOUNT—continued. Balance-sheet as at 31st Maech, 1936. Liabilities. £ s. d. Assets. £ 8. d. £ s. d. Capital .. .. .. .. .. 128,718 15 11 Endowment lands— Loan for roading, section 47, Land Leased land .. .. 129,656 0 0 for Settlements Act, 1925 — £ s. d. Unleased land .. .. 760 0 0 Advances .. .. .. 1,657 5 1 130,416 0 0 Principal instalments .. .. 39 19 0 Sundry debtors for rents .. .. 7,557 5 6 Interest .. .. .. 66 11 9 Cash on hand, 31st March, 1936, 1,763 15 10 in the Local Bodies' Deposit Sundry creditors — Account of the Receiver of Administration expenses (depart- Land Revenue at— mental) .. .. .. 29 16 4 Dunedin .. .. .. 951 1 0 Otago University Council amount Invercargill .. . . 672 4 6 not yet paid over .. .. 1,550 13 2 1,623 5 6 Amount due to Dunedin Athenaeum under Otago Museum Act, 1877 .. .. .. 42 16 0 Rents charged in advance .. 3,092 2 8 4,715 8 2 Revenue Account : Balance carried forward .. 4,398 11 1 £139,596 11 0 £139,596 11 0 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant. I hereby certify that the Statement of Receipts and Payments, 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.—J. H. Fowleb, Deputy Controller and Auditor-General. PRIMARY EDUCATION ENDOWMENT DEPOSIT ACCOUNT. Receipts and Payments Account fob the Yeab ended 31st Maech, 1936. Receipts. £ s. d. £ s. d. Payments. £ s. d. Balance — Payments for primary education purposes .. 106,451 7 6 Cash in Deposit Account .. 14,735 17 10 Administration expenses .. .. .. 5,263 12 4 Investment Account . . 11,850 0 0 Maintenance and repairs .. .. .. 203 5 6 26,585 17 10 Survey costs, &c. .. .. .. .. 861 15 5 Rents, &c., under section 30, Education Reserves Balance— £ s. d. Act, 1928 .. .. .. .. 111,977 7 8 Cash in Deposit Account .. 19,761 1 0 Interest on cash and investments held by the Investment Account.. . . 11,850 0 0 Public Trustee .. .. .. .. 802 13 1 31,611 1 0 Sales under section 27, Education Reserves Act, 1928 .. .. .. .. .. 4,542 3 2 Interest on sales .. .. .. .. 9 0 0 Interest on investments .. . . . . 474 0 0 £144,391 1 9 £144,391 1 9 Revenue Account fob the Yeab ended 31st Maech, 1936. Dr. £ s. d. Cr. £ s. d. Administration expenses .. .. .. 5,604 9 2 Accrued rents .. .. .. .. 116,556 2 1 Maintenance and repairs .. .. .. 127 10 2 Accrued royalties .. .. .. .. 408 10 6 Survey costs, &c. .. .. .. .. 144 13 1 Accrued interest on sales .. .. .. 108 18 11 Remissions of rents, &c., granted— £ s. d. Interest on improvements under section 42, ReLand Act, 1924 .. .. 9,866 9 10 serves and other Lands Disposal Act, 1923 .. 236 5 0 Mortgagors' and Tenants Relief Interest on cash and investments held by the Public Act, 1933 .. .. .. 2,441 18 6 Trustee .. .. .. '.. .. 771 5 11 Deteriorated Lands Act, 1925 .. 44 19 4 Interest on investments .. .. .. 474 0 0 12,353 7 8 Depreciation reserve on buildings .. .. 24 11 0 Irrecoverable rents .. .. .. .. 557 16 4 Interest under section 20, Discharged Soldiers Settlement Amendment Act, 1923 .. .. 20 1 8 Balance carried down .. .. .. 99,722 13 4 £118,555 2 5 £118,555 2 5 £ s. d. £ s. d. Payments for primary education purposes .. 106,451 7 6 Balance from previous year .. .. .. 64,156 17 4 Balance .. .. .. .. .. 57,42832 Balance brought down .. .. .. 99,722 13 4 £163,879 10 8 £163,879 10 8

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