B.—l [YT. IV].

4

CHEVIOT ESTATE ACCOUNT. Revenue Account foe the Year ended 31st March, 1929. Dr. £ s. d. j Cr. £ s. d. To Administration expenses .. .. .. 880 13 5I By Accrued rent .. .. .. .. 19,323 14 7 Interest on inscribed stock.. .. .. 5,632 2 6 I Interest on investments .. .. .. 8,602 17 7 Management charges of consolidated stock .. 23 14 3 Interest on temporary transfers to other DeRebates .. .. .. .. 1,846 14 6 partments .. .. .. .. 100 5 5 Remissions .. .. .. .. 22 11 6 Balance carried down .. .. .. 19,621 1 5 £28,026 17 7 £28,026 17 7 £ s. d. £ s. d. To Adjustment on account previous year .. 444 0 5 By Balance brought down .. .. .. 19,621 1 5 Balance carried forward .. .. .. 311,712 14 4 Balance from previous year .. .. 292,535 13 4 £312,156 14 9 £312,156 14 9 Balance-sheet as at 31st March, 1929. Liabilities. Assets. £ s. d. Land —• £ s. d. £ s. d. New Zealand consolidated stock .. .. 160,918 0 0 Leased .. .. .. 389,888 6 5 Sundry creditors for— £ s. d. Unleased .. .. .. 325 0 0 Rent .. .. .. .. 215 0 390,213 6 5 Sales .. .. .. .. 0 10 0 Buildings .. .. .. .. 48 1 3 Miscellaneous .. .. .. 176 18 2 Sundry debtors for — — 180 3 2 Rent .. .. .. 1,345 18 5 Interest on consolidated stock (accrued but not Sales .. .. .. 60 0 0 due) .. .. .. .. .. 1,373 6 3 Interest on investments .. 133 5 6 Rents charged in advance .. .. .. 6,475 18 8 1,539 311 Reserve Account .. .. .. .. 129,114 18 2 Postponed rent .. .. .. .. 1,239 8 4 Revenue Account .. .. .. .. 311,712 14 4 Interest accrued but not due on investments .. 3,267 11 6 Investments in Public Debt Redemption Fund .. 2,781 310 £ s. d. Cash in Public Account .. 9,006 5 4 Investment Account .. .. 201,680 0 0 ■ — 210,686 5 4 £609,775 0 7 £609,775 0 7 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell, Controller of Accounts. 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.