B.—l [PT. IV], SUP. to 1938.

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1938 —continued. Liabilities—continued.

Assets.

9 —B. 1 [PT. IV] SUP. TO 1938.

65

General. Cheviot. Hutt VaIIe y- Total - £ s. d. £ s. d. £ s. d. £ s. d. £ g. d. Brought forward .. .. 14,245,424 13 2 633,127 15 9 151,603 19 4 55,442 10 2 15,085,598 18 5 Suspense Account: Deteriorated Lands 460 12 7 . . .. ., 460 12 7 Act, 1925 Suspense Account: Buildings and Im- 588 11 2 .. .. .. 588 11 2 provements Reserve for capitalized interest on land- 48,017 2 0 .. .. .. 48,017 2 0 development schemes Reserve Account, including unexpended 539,563 16 8 11,979 2 2 .. .. 551,542 18 10 loading for roads, &c. Reserve for transfers from Discharged 10,020 0 0 .. .. .. 10,020 0 0 Soldiers Settlement Account Development expenditure— Employment Promotion Fund (contra) 11,329 8 3 .. .. .. 11,329 8 3 Consolidated Fund (contra) .. .. 9,801 8 10 .. .. .. 9,801 8 10 Profit and Loss Appropriation .. .. .. .. .. 139,478 14 5 14 5 Cheviot Estate Account (contra) .. 286,993 7 9 .. .. .. 286,993 7 9 National Endowment Trust Account 105,174 11 11 .. .. .. 105,174 11 11 (contra) Cash (overdrawn) .. .. .. .. .. .. 0 10 0 0 10 0 £15,257,373 12 4 £645,106 17 11 £151,603 19 4 £194,921 14 7 £16,249,006 4 2

General. Cheviot. Hutt Va)Ie y- Total. Land Account— £ s. d. £ s. d. £ s. d. £ s. d. £ s d Estates leased .. .. .. 10,154,967 2 11 330,449 12 8 Estates unlet .. .. .. 273,691 16 8 325 0 0 .. 56,862 0 0 10,428,658 19 7 330,774 12 8 .. 56,862 0 0 10,816,295 12 3 Land Laws Amendment Act, 1929— Land leased .. .. .. 136,087 0 0 Land unlet .. .. .. 9,572 12 4 145,659 12 4 .. .. .. 145,659 12 4 Provisional State forest .. .. 3,158 6 6 .. .. .. 3,158 6 6 10,965,113 11 1 Unpaid purchase-price (not yet payable) — Buildings on Crown lands .. .. 31,643 8 7 Buildings on estates .. .. 93,979 6 8 3 3 2 Sales of settlement land .. .. 388,621 11 11 18,090 8 4 .. 101,848 13 11 Sales of Crown land .. .. 485,374 11 2 .. 45,828 4 10 Land Laws Amendment Act, 1929 — Buildings .. .. .. 2,705 2 3 Sales of land .. .. .. 10,691 16 3 1,013,015 16 10 18,093 11 6 45,828 4 10 101,848 13 11 1,178,786 7 1 Realization Account .. .. .. 10,104 7 10 .. .. .. 10,104 7 10 Hutt Valley estates— Purchases .. .. .. 164,760 11 9 Roading and incidental expenses .. 228,480 1 11 Interest .. .. .. .. 81,660 13 2 474,901 6 10 Less deductions section 11 (2) (a), 420,516 4 8 Finance Act, 1932 54,385 2 2 .. .. .. 54,385 2 2 Railways Department: Balance unpaid .. .. .. 26,389 8 0 26,389 8 0 on area taken for workshops Advances on mortgage— Land Laws Amendment Act, 1929— Current account: Crown lands .. 156,130 5 3 Current account: Settlement land 27,941 15 7 Instalment mortgage : Crown lands 21,822 1 4 Instalment mortgage: Settlement 7,133 13 9 land 213,027 15 11 .. .. .. 213,027 15 11 Carried forward .. .. 11,868,010 1 2 348,868 4 2 45,828 4 10 185,100 I 11 i 12,447,806 12 1