B.—l [PT. IV, SUP.].

LAND ASSURANCE FUND. Revenue Account for the Year ended 31st March, 1928. Dr. £ s. d. Cr. £ s. d. To Accumulated fund as at 31st March, 1927 .. 81,534 2 2 By Expenditure under Land Transfer Act, 1915- —■ Levy under section 185, Land Transfer Act, Claims admitted under section 188 .. 225 0 0 1915 .. .. .. .. .. 55 3 2 Costs incurred under section 190 .. 14 7 0 Fees under section 4, Mortgagees Indemnity Appropriation under section 18, Finance Act, (Workers' Charges) Act, 1927 .. .. 1,110 17 0 1924, for expenses of compulsory registration Interest on investments .. .. .. 3,406 2 3 of titles .. .. .. .. 3,000 0 0 Accumulated fund as at 31st March, 1928 .. 82,866 17 7 £86,106 4 7 £86,106 4 7 Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. Assets. £ s. d. Accumulated fund as at 31st March, 1928 .. 82,866 17 7 Investments .. .. .. .. 81,600 0 0 Sundry creditors .. .. .. .. 10 15 0 Interest accrued on investments .. .. 356 5 6 Interest due and unpaid on investments .. 120 10 11 Cash in Public Account .. .. .. 800 16 2 £82,877 12 7 £82,877 12 7 17tli August, 1928. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account 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.— G. F. C. Campbell, Controller and Auditor-General. LANDS AND DEEDS DEPARTMENT. Income and Expenditure Account for the Year ended 31st March, 1928. Expenditure. £ s. d. [ Income. £ s. dTo Advertising .. .. .. .. 677 14 10 jßy General fees .. .. .. .. 86,610 7 0 Draughtsmen's work .. .. .. 17,028 410 | Compulsory titles fees .. .. .. 6,580 0 0 Travelling-expenses .. .. .. 144 9 11 Income-tax registrations .. .. .. 281 7 7 Office-cleaning .. .. .. .. 74 6 1 j Land Assurance Fund .. .. .. 3,000 0 0 Binding .. .. .. .. .. 493 15 0 Salaries.. .. .. .. .. 44,201 5 5 j Postage and telephones .. .. .. 752 5 5 \ Fuel and light .. .. .. .. 388 15 3 Freight and cartage .. .. .. 45 1 4 | Relieving-allowances .. .. .. 27 16 6 Rent .. .. .. .. .. 8,395 4 0 Solicitor's admission fees .. .. .. 22 0 0 Office equipment .. .. .. 2,29811 2 Depreciation .. .. .. .. 1,198 5 6 Balance.. .. .. .. .. 20,723 19jg4 £96,471 14 7 £96,471 14 7 £ s. d. £ s. d. To Interest on capital .. .. .. 714 0 6 By Balance brought down .. .. .. 20,723 19J4 Excess of income over expenditure after j . charging interest on capital .. .. 20,009 18 10 fS £20,723 19 4 £20,723 19 4 Notes. —The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value as assessed by Public Works Department; (6) interest at 4| per cent, on capital as at Ist April, 1927. Depreciation has been allowed for on balance of assets as at Ist April, 1927, the total charge being carried to Depreciation Reserve. Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital as at Ist April, 1927 .. .. .. 15,867 3 6 Furniture .. .. .. 13,671 19 1 Sundry creditors .. .. .. .. 531 14 3 Additions .. .. .. 2,836 10 6 Depreciation Reserve .. .. ..5,703 102 • Writing off Suspense .. .. .. 501 13 7 16,508 9 7 Balance (excess of income over expenditure for Less disposals .. .. 51 16 4 year ending 31st March, 1928) .. .. 20,009 18 10 16,456 13 3 Mechanical appliances .. .. 1,728 15 5 Additions .. .. .. 46 14 3 1,775 9 8 Less disposals .. .. 40 0 0 1,735 9 8 Library .. .. .. .. .. 466 9 0 Treasury Adjustment .. .. .. .. 23,955 8 5 £42,614 0 4 £42,614 0 4 28th May, 1928. C. E. Nalder, Secretary for Land and Deeds. I hereby certify that the Income and Expenditure Account 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 above departmental notes. —G. F. C. Campbell, Controller and Auditor-General.

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