59

B.—l [Pt. Ill]

RANGITAIKI land drainage. Balance-sheet. Liabilities. £ s. d. ! Assets. £ s. d. Debentures—Rangitaiki Land Drainage Drainage - works — Expenditure in conAct, 1910 .. .. .. .. 280,000 0 0 nection therewith, including wages, Consolidated Fund .. .. .. 375 10 6 supplies, administration, engineering Unpaid purchase-money—Sundry Natives 429 13 1 expenses, and depreciation of plant .. 246,069 1 1 Suspense Account .. .. .. 68 811 Sundry debtors for rates .. .. 14,332 10 4 Loan Redemption Account .. .. 9,230 11 5 Balance of interest on loan to 31st March, Sundry creditors .. .. .. 31 12 3 ■ 1917 (recoverable from ratepayers) ... 6,897 13 8 Interest unpaid .. .. .. 1,776 2 9 Land for Settlements Account .. .. 20 0 0 Investments—Public Trust Office '".. 904 5 4 • Loose tools .. .. .. .. 648 6 6 Plant and machinery.. .. .. 18,093 10 0 Stores .. .. .. .. 120 0 0 Sundry debtors .. .. .. 419 0 Cash in hand .. .. .. 4,821 13 0 £291,911 18 11 : £291,911 18 11 Receipts and Payments Account for the Year ended 31st March, 1921. Receipts. £ s. d. Expenditure. £ s. d. Cash in hand at Ist April, 1920 .. 50,754 7 5 Drainage - works, stop - banks, clearing Debentures issued under Rangitaiki Land channels, and other expenditure mci Drainage Act, 1910.. .. .. 30,000 0 0 dental to drainage operations .. 56,704 5 2 " Thirds" and " fourths" .. .. 17 9 2 Management and engineering expenses .. 2,253 610 Rates— £ s. d. Travelling-expenses .. .. .. 250 5 5 Year 1917-18 .. 276 18 11 Legal expenses .. .. .. 10 0 11 „ 1918-19 .. 703 4 5 Machinery and plant .. .. .. 2,668 17 7 „ 1919-20 .. 7,754 310 Stores .. .. .. .. 4,078 911 „ 1920-21 .. 795 19 0 Loose tools .. .. .. .. 271 13 0 9,530 6 2 Compensation for purchase of Native Rent of buildings .. .. .. 32 10 0 land under section 8 of the Rangitaiki Land Drainage Act .. .. 40 0 0 Rates refunded .. .. .. 171 6 8 Interest .. .. .. .. 19,064 14 3 Cash in hand .. .. .. 4,821 13 0 £90,334 12 9 £90,334 12 9 J. H. O'Donnell, Chief Accountant.