B.—l [PT. IY].

SWAMP LAND DRAINAGE ACCOUNT —continued. Balance Sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. Debentures issued under Swamp Land Kaitaia Drainage District— £ s. d. £ s. d. Drainage Act, 1915 .. .. 456,000 0 0 Drainage-works .. 153,339 0 8 Public Works Fund —Land-improvement Interest Account (proporvote .. .. .. .. 4,563 19 7 tion chargeable to disConsolidated Fund—Accumulated interest trict) .. .. 41,304 18 11 on amounts expended out of Public 194,643 19 7 Works Fund .. .. .. 2,127 7 8 Waihi Drainage District — Sundry creditors— Drainage-works .. 74,898 3 7 Interest accrued but not due .. 7,265 12 5 Interest Account (proporInterest on debentures due and unpaid 4 18 8 tion chargeable to disMiscellaneous .. .. .. 4,306 510 trict) .. .. 18,817 17 1 Consolidated Fund Account—lnterest 93,716 0 8 on debentures paid but not recouped Poukawa Drainage District— from Swamp Land Drainage Account 9,352 10 0 Drainage-works .. 3,048 8 7 Contract Deposit Account .. .. 90 0 0 Interest Account (proportion chargeable to district) .. .. 1,343 11 8 4,392 0 3 Hikurangi Drainage District — Drainage-works .. 85,594 11 4 Interest Account (proportion chargeable to district) .. .. 19,007 17 4 104,602 8 8 Mangawai Drainage District— Drainage-works .. 1,877 15 9 Interest Account (proportion chargeable to district) .. .. 345 12 9 2,223 8 6 Harihari Drainage District—■ Drainage-works .. 4,354 15 1 Interest Account (proportion chargeable to district) .. .. 544 12 6 4,899 7 7 Buildings .. .. .. .2,647 15 11 Plant and machinery .. .. 54,783 18 6 Loose tools .. .. .. 738 17 7 Live-stock .. .. .. 64 7 2 Fuel, &c. .. .. .. 2,762 19 0 Stores on hand .. .. .. 5,336 0 8 Sundry debtors — Advance on mortgage .. .. 260 0 0 Interest on mortgage .. .. 3 5 0 Rent .. . . .. 8 9 8 Miscellaneous.. .. .. 125 9 5 Cash in Public Account .. 12,430 6 0 Imprests outstanding .. 72 0 0 — 12,502 6 0 £483,710 14 2 £483,710 14 2 J. B. Thompson, Under-Secretary for Lands. 19th July, 1926. .J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Payments and Balance-sheet have been duly examined and compared with the unaudited copies of journal entries of Chief Drainage Engineer, Auckland, submitted for audit, and correctly state the position as disclosed thereby. — G. F. C. Campbell, Controller and Auditor-General.

165