G.—2

2

Balance-sheet as at 3.lst March, 1923. Amounts held under-— £ a. d. Sundry assets — £ «. d. £ s. d. £ s. d. West Coast Settlement Re- Office furniture .. 274 19 0 serves Act, 1892 .. 90,444 10 10 Less depreciation (10 Native Reserves Act, 1882 per cent.) .. 28 10 2 (as per statement at- 240 2 10 tached) .. .. 45,065 911 Office fittings .. 304 7 7 Native Land Act, 1909 Less depreciation (20 (Part X) .. .. 164,228 3 11 percent.) .. 73 10 0 Miscellaneous funds (including 230 17 7 Maori Land Board accounts) 484,294 9 9 Office instruments and Sundry creditors .. . . 268 7 4 machinery . . 246 12 (i Reserve and Assurance Fund 24,226 13 4 Less depreciation (15 Investment Fluctuation Fund 2,017 10 0 percent.) .. 41 0 0 205 12 6 Stationery .. ... .. 180 11 4 863 4 3 Stocks, bonds, and debentures — Ciovernment securities .. .. 05,000 0 0 Local bodies'securities.. .. 195,290 0 0 260,290 0 0 Mortgages (including special investments) .. .. .. .. 500,476 13 11 Interest due and accrued .. .. 11,695 0 8 Sundry debtors —Native Land Act, 1909 (Part X) .. .. .. 71 0 6 Cash on deposit .. .. 30,000 0 0 Cash on hand and in bank, and Agent's balances .. .. 7,749 12 3 37,749 12 3 £811,145 1.1. 7 £811,145 1.1 7 Revenue Account for the Year ended 31st March, 1923. Dr. £ s. d. £ s. d. £ s. d. Or. £ ». d. To Salaries— By Commission, fees, and charges 4,244 19 3 Permanent .. 4,070 12 6 Net interest on investments . . 14,485 2 11 Liability, 31st Mar. 10 4 2 4,680 16 8 Temporary .. 245 10 3 Liability, 31st Mar. 33 15 0 279 11 3 4,960 7 11 Additions, improvements, repairs, maintenance, and insurance of plant, ifec.— Office furniture .. 0 10 Liability, 31st Mar. 5 2 7 5 4 1. Office instruments and machinery 4 12 6 Insurance of premises .. 2 118 12 8 3 Audit fees for inspection of accounts .. .. 50 0 0 Overtime and meal allowances .. .. 10 0 2 Postages, telegrams, freight, cartage, and rent of boxes .. .. .. .. .. 180 3 9 Post and Telegraph Department— Payment for services .. 39 13 0 Liability, 31st March . . 16 3 0 55 16 0 Printing and stationery .. .. .. 271 4 4 Rent :. ' ... .. 62 10 0 Liability, 31st March .. 187 10 0 250 0 0 Stores for tleaning, lighting, firing, &c. .. 5 0 2 Telephone charges .. .. .. .. 08 5 9 Travelling-expenses— Removal of officers Officers on duty .. .. 174 6 0 174 6 0 Contingencies .. .. .. .. 53 11 0 Depreciation of office furniture, fittings, instruments, and machinery .. .. .. 143 6 2 Net profit to Appropriation Account .. .. 12,489 6 2 £18,730 2 2 £i8,7:;0 '.' :2 Appropriation Account for the Year ended 31st March, 1923. Dr. £ s. d. Or. £ s. d. To Reserve and Assurance Fund .. 11,240 0 2 By Net profit for year ending 31st March, Investment Fluctuation Fund .. 1,249 0 0 1923, transferred .. .. 12,489 6 2 £12,489 6 2 £12,489 6 2