B—l [Pt. IV]

Sundry creditors— , Hari Hari Drainage AreaDepartmental .. .. .. .. 26 Drainage works .. .. .. .. 4,355 General .. .. .. .. .. 153 Interest Account: Amount chargeable to area 179 capitalized to 31st March, 1940 .. .. 3,429 ■ - Payments in advance : Rates .. .. .. .. 394 j 734. Building Suspense .. .. .. .. . . 48 Unpaid purchase-money on land sold on deferred payment .. 649 Drainage Works Suspense .. .. .. .. 649 Buildings .. .. .. .. .. .. 542 Plant Working Account .. .. .. .. .. 1,093 Buildings : Loading .. .. 1" " 48 Writing-off in Suspense .. .. .. .. .. 959 Plant and machinery .. .. . .. .. 14,029 Treasury Adjustment Account .. .. .. .. 388,199 Loose tools .. .. .. .. .. .. 79 Stores on hand .. .. .. ... .. .. 827 Sundry debtors for rates:— .. . Capital. Maintenance. Drainage Area. £ £ Kaitaia .. .. .. .. 2,565 1,279 3,844 Waihi .. .. .. .. 2,032 1,548 3,580 Poukawa .. .. 4,332 1,143 5,475 Sundry debtors : Rent under section 4 (2), Swamp Land Drainage * Amendment Act, 1926 .. .. .. 12 Law-costs .. .. .. .. .. 56 Departmental.. .. .. .. .. 1,669 1,737 Revenue Account— Waihi Drainage Area: Central Subdivision 27,137 General Revenue Account .. .. .. .. 34,947 Suspense Account— Capital rates remitted : Kaitaia Drainage Area ... .. .. .. .. .. 14,202 Losses in Suspense 1 .. .. .. ' .. .. 959 Cash in transit from post-office .. .. .. .. 346 £911,236 £911,236 Note.—Up to 31st March, 1940, interest on the recoverable expenditure was charged against the Rate Accounts and interest on the balance of the expenditure was capitalized, but, in terms of Treasury Instructions No. 81, Treasury agreed that thereafter interest on irrecoverable . expenditure need not be brought into the accounts. D. M. Greig, Director-General of Lands. Y. J. H. Pledger, A.R.A.N.Z., Chief Accountant. I hereby certify that the Rate Accounts 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, subject to the departmental note enfaced thereon and to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return B-l [Pt. IV].— J. P. Rutherford, Controller and Auditor-General.

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