B.—l [PT. IV], SUP. TO 1935.

CROWN LANDS ACCOUNT. Revenue Account foe the Year ended 31st Mabch, 1935. Dr. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 13,015 15 2 By Accrued rent .. .. .. .. 252,274 4 3 Rebates.. .. .. .. .. 9,542 1 1 A*ceraed interest .. .. .. 25,417 3 9 Remissions — £ s. d. Accrued royalty .. .. .. .. 8,812 16 3 Under Land Act, 1924 .. 33,084 13 6 Residue of receipts from mining district landUnder Deteriorated Land occupation licenses paid to Public Account Act, 1925 .. .. 1,927 111 under section 317, Land Act, 1924 .. 900 12 11 Under Mortgagors and Ten- Interest under section 13, Land Laws Amendants Relief Act, 1933 .. 3,709 10 4 ment Act, 1926 .. .. .. 76,454 4 5 Under Discharged Soldiers Interest under section 47, Land Laws AmendSettlement Amendment ment Act, 1929 .. .. 8,477 12 0 Act, 1923 .. .. 32 5 4 Miscellaneous .. .. 511 13 1 38,753 11 1 " Thirds " under section 139 of Land Act, 1924 7,677 18 7 Irrecoverable rents : Writings-off in Suspense 4,551 15 7 Depreciation of buildings, Kapiti Island .. 15 18 0 Miscellaneous .. .. .. .. 2 19 10 Balance carried down .. .. .. 299,288 7 4 £372,848 6 8 £372,848 6 8 £ s. d. £ s. d. To Interest on capital .. .. .. 373,315 1 0 By Balance brought down .. .. .. 299,288 7 4 Adjustment Account previous years : Rents and interest .. .. .. .. 2,178 12 6 Balance, Thermal Springs District Act, 1910, Revenue Account .. .. .. 344 7 3 Balance, Mining District Land Occupation Account, Revenue Account .. .. 1,182 4 11 Balance, loss for year .. .. .. 70,321 9 0 £373,315 1 0 £373,315 1 0 ORAKEI BLOCK ACCOUNT. Teading Account foe the Year ended 31st March, 1935. Dr. £ s. d. Or. £ s. d. To Land on hand at cost, plus expenses of sub- By Sales .. .. .. .. .. 275 0 0 division, reading, &c, as at Ist April, 1934 364,718 16 6 Land on hand at cost, plus expenses of subExpenditure on— division, loading, &c, as at 31st March, 1935 371,168 5 9 Internal roading .. .. .. 55 0 3 Waterfront roading to Mission Bay (cutting back cliffs) .. .. .. .. 544 14 0 Surveys and contingencies— £ s. d. Buildings repairs .. 63 8 1 Insurance premiums .. 2 15 0 Rates .. .'. .. 20 0 7 86 3 8 Value of sections forfeited .. .. 6,037 15 4 Balance transferred to Profit and Loss Account 0 16 0 £371,443 5 9 £371,443 5' 9 Profit and Loss Account for the Year ended 31st Maech, 1935. Dr. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 108 11 9 By Balance transferred from Trading Account .. 016 0 Depreciation Reserve: Buildings .. .. 77 18 6 D.P. accrued interest .. .. .. 2,499 10 4 Interest on capital— £ s. d. Accrued rent .. .. .. .. 567 9 2 Interest on purchase-money 6,758 3 11 Balance: Net loss for year carried down .. 18,538 1 0 Interest on expenditure .. 14,529 10 4 21,287 14 3 Ordinary remissions .. .. .. 18 7 1 Writings-off in Suspense : Irrecoverable rents and interest .. .. .. .. 113 4 11 £21,605 16 6 = £21,605 16 6 £ s. d. To Balance brought down .. .. .. 18,538 1 0 By Balance : Loss to 31st March, 1935, carried £ s. d. Balance brought forward from previous year .. 98,411 14 4 forward, vide Crown Lands Account .. 116,949 15 4 £116,949 15 4 £116,949 15 4

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