B. —1 [PT. IV], Sup. TO 1940.

NEW ZEALAND REPARATION ESTATES —continued. Balance-sheet as at 31st March, 1940. Liabilities. Assets. £ Properties unoccupied— £ £ Capital Account .. .. .. •• •• 690,443 Land .. .. .. .. .. 82,779 Reserves— £ Buildings .. .. .. .. 40 Blackboys' Repatriation Contingency Account 1,779 Improvements .. .. .. .. 2,293 Plantation renewals .. .. •• 7,867 85,112 Niuean labour : Deferred pay .. .. 310 Properties occupied or leased— 9,956 Residential and Head Office — Sundry creditors — Land .. .. .. •• 16,965 Ordinary .. .. .. •• 651 Buildings .. .. .. .. 27,398 Personal accounts in credit .. .. 197 Plant and machinery: Saleufi Iceworks 684 848 Furniture and office plant .. .. 536 Deposits— 45,583 Land purchase .. .. . ■ • • 166 Plantations leased— Other .. .. .. •• • • 69 Land .. .. .. 87,966 235 Buildings .. .. •• 14,998 Banana Scheme Account .. .. ..18,430 Improvements .. .. .. 5,527 Less scheme assets .. .. •• 12,189 108,491 6,241 Plantations worked— Writings-off in Suspense .. .. .. •• 9,385 Land .. .. .. .. 313,350 Paymaster-General's Suspense Account .. .. 151 Buildings .. .. .. -• 23,389 Profit and Loss Appropriation Account .. .. 40,110 Other improvements .. .. ..30,634 Plant and machinery .. .. .. 2,014 Furniture .. .. .. .. 346 Stores .. .. .. . • 320 Live-stock .. .. .. 23,266 393,319 Plant and machinery— Engineers' and carpenters' shop .. .. 274 Weighbridge .. .. .. .. 41 Yard plant .. .. .. .. 171 486 Sundry assets — Motor-boats and equipment .. .. 749 Motor lorries and car .. .. .. 393 Leaupuni water-supply .. .. .. 158 —- 1,300 Sundry debtors — Rents, &c. .. .. .. .. 3,696 Ordinary debtors .. .. .. 182 3,878 Less reserve for bad and doubtful debts .. 869 3,009 Secured debtors — Land purchases .. .. .. 3,274 Mortgages .. .. .. 2,590 Bill of sale .. .. . • • • 667 6,531 Bank of New Zealand Account .. .. .. 2,251 Paymaster-General's Account .. .. 74,305 Payments in advance, &e.— Rent .. .. .. . • • • 155 Sundries .. .. .. • • 9 164 Stores and stocks on hand .. .. • • .. 5,493 Goods in transit .. .. .. .. .. 65 Produce on hand and consignment .. .. .. 15,430 Duty Deposit Account .. .. .. . ■ 4 Losses on realization .. .. . • . . 6,305 Outstanding losses in Suspense .. .. .. 9,385 Exchange Suspense Account .. .. . • 136 £757,369 £757,369 W. L. Edwards, 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.— Cyril G. Collins, Controller and Auditor-General.

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