B—l [Pt. IV]

Liabilities £ £ Assets £, £ Capital Account: Loan capital .. .. .. 498,241 Kaitaia Drainage Area— Less Land for Settlements Account .. .. 530 Allocated cost of work on which rates are levied— 497,711 Rural Subdivision .. .. .. .. 60,000 Reserve: Repayment of capital costs— Town Subdivision .. .. .. .. 8,200 Kaitaia Drainage Area— £ 68,200 Rural Subdivision .. .. .. 6,261 Excess cost of works not recoverable .. .. 164,378 Town Subdivision .. .. .. 856 Interest Account: Amount chargeable to area 7,117 capitalized to 31st March, 1940 .. ..168,958 Waihi Drainage Area — 333,336 Pukehina Subdivision.. .. .. 608 Waihi Drainage Area— Kaikokopu Subdivision .. .. 913 Allocated cost of work on which rates are levied— 1,521 Pukehina Subdivision.. .. .. .. 5,000 Poukawa Drainage Area .. .. .. 1,876 Kaikokopu Subdivision .. .. .. 7,500 10,514 Central Subdivision .. .. .. .. 46,295 Rate Accounts— 58,795 Special Rate Accounts: Capital— Excess cost of works not recoverable .. .. 28,587 Kaitaia Drainage Area— Interest Account: Amount chargeable to area, Rural Subdivision .. .. .. 1,205 capitalized to 31st March, 1940 .. .. 48,576 Town Subdivision .. .. .. 252 77,163 — 1,457 Poukawa Drainage Area— Waihi Drainage Area — Drainage works .. .. .. .. 17,494 Kaikokopu Subdivision .. .. 461 Interest Account: Amount chargeable to area .. 1,353 Pukehina Subdivision .... 736 18,847 1,197 Hikurangi Drainage Area— Poukawa Drainage Area .. .. .. 749 Drainage works .. .. .. .. 260,170 3,403 Less amount written off .. .. .. 184,389 General Rate Accounts : Maintenance— Kaitaia Drainage Area— 75,781 Rural Subdivision .. .. .. 2,401 Interest Account: Amount chargeable to area Town Subdivision .. .. .. 285 capitalized to 31st March, 1940 .. .. 163,068 2,686 238,849 Waihi Drainage Area— Mangawai Drainage Area— Pukehina Subdivision .. .. 892 Drainage works .. .. .. .. 1,878 Central Subdivision .. .. 204 Interest Account: Amount chargeable to works to Kaikokopu Subdivision .. .. 40 31st March, 1939 .. .. .. .. 1,606 1,136 Poukawa Drainage Area .. .. .. 1,271 3,484 5,093 Less amount written off .. .. .. 3,484 Sundry creditors .. .. .. .. .. 126 Rents charged in advance .. .. .. .. 97 Harihari Drainage Area— Payments in advance: Rates .. .. .. .. 926 Drainage works .. .. .. .. 4,355 Buildings Suspense .. .. .. .. .. 134 Interest Account: Amount chargeable to area Drainage Works Suspense .. .. .. 679 capitalized to 31st March, 1940 .. .. 3,429 7,784 Carried forward ~ 518,683 Carried forward .. .. .. 802,974

Balance-sheet as at 31st Maech, 1945

79