B.—l [PT. IV], SUP. TO 1938.

NEW ZEALAND REPARATION ESTATES—continued. Balance-sheet as at 31st March, 1938. Liabilities. Assets. £ s. d. £ s. d. Properties unoccupied— £ s. d. £ s. d Capital Account .. .. •• 700,497 611 Land .. 82,991 18 5 Reserves— Buildings . . .. 4:3 4 b Black Boys' Repatriation Con- 1,909 9 6 Improvements .. .. 2,292 711 tingency Account Total non-revenue-producing items — 85,317 10 10 Plantation renewals .. . . 6,920 1 6 Properties leased — 8,829 11 0 Residential buildMortgages payable in Samoa .. . . - ■ 1,469 2 6 ings— £ s. d. Sundry creditors 2,010 5 2 Land .. 16,965 5 8 Deposit Account .. .. •• ■■ 36 0 0 Buildings .. 30,282 15 2 Outstanding losses in Suspense Account .. 3, 322 8 9 Plant and £ s. d. machinery 956 8 0 Banana Scheme Account .. 20,325 711 Furniture and Less scheme assets .. .. 16,357 17 9 office plant 376 9 9 3,967 10 2 48,580 18 7 Profit and Loss Appropriation Account .. 34,739 1 3 Plantations— Land .. 96,652 5 4 Buildings .. 18,688 18 8 Improvements 7,390 1 9 122,731 5 9 Properties worked — Land .. 344,347 6 4 Buildings .. 23,818 18 3 Plant and machinery .. 2,678 18 8 Furniture .. 265 1 3 Stores .. 190 12 6 Live-stock .. 24,271 13 8 395,572 10 8 Plant and machinery : Head OfficeEngineers' and carpenters'shop 328 13 11 Weighbridge .. 41 0 0 Yard plant .. 205 6 5 575 0 4 Sundry assets— Motor-boats and equipment .. 1,334 9 6 Motor-lorries .. 792 10 4 Leaupuni watersupply .. 179 9 6 2,306 9 4 Total revenue-producing items — ; 569, 766 4 8 Sundry debtors — Ordinary debtors and rents owing .. 3,382 12 3 Survey fees recoverable .. 41 0 6 3,423 12 9 Secured debtors — Land purchases 3,084 510 Mortgages .. 5,343 17 11 Bills of sale .. 689 711 9,117 11 8 12,541 4 5 Less reserve for bad and doubtful debts .. 1,697 2 4 10,844 2 1 Bank of New Zealand Account 1,716 9 1 Paymaster General's Account, Wellington • • • • 64,454 16 8 j Paymaster General's Suspense Account, Wellington .. 76 6 10 Stamns • • 0 8 11 btampS " 66,248 1 6 Rent paid in advance .. .. 121 0 0 Stores and stocks on hand and Policing Account .. 4,732 9 8 Produce on hand and on consignment .. •• •• 11,872 6 0 Cocoa held on consignment for I6SSeeS _ 120 - 4 - 1 16,845 19 9 Losses on realization .. •• 2,485 11 2 Outstanding losses in Suspense Account . •• 3,322 8 9 Account '• J 5,807 19 11 Exchange Suspense Account .. • • 31 7 0 -—— £754,871 5 9 £754,871 5 9 =========== N. Wynyard, Accountant. I hereby certify that the Profit and Loss Account, Trading 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. Fowler, Controller and Auditor-General.

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