B.—l [Pγ. IV].

LANDS AND SURVEY DEPARTMENT— continued. PRIMARY EDUCATION ENDOWMENT DEPOSITS ACCOUNT. Keckipts and Payments Account for the Year ended 31st March, 1931. Receipts. Payments. £ B. d. To Balance— £ s. d. £ s. d. By Payments for primary -education purposes .. 94,4(>y 13 11 Cash in Deposit Account .. 959 8 6 Administration expenses .. .. .. 6,828 15 11 Investment Account .. 11,850 0 0 Maintenance and repairs .. .. .. 499 8 11 12,809 8 5 Purchase of land .. .. .. 5 0 0 Rents under section 30, Education Reserves Survey costs, &c. .. .. .. 437 10 4 Act, 1928 .. .. .. .. 101,956 15 5 Refunds of revenue .. .. .. 406 7 6 Sales under section 27, Education Reserves Compensation for improvements .. .. 498 18 9 Act, 1928 .. .. .. .. 697 11 6 ; £ s. d. Interest on cash and investments held by Cash in Deposit Account .. 2,145 7 5 Public Trustee .. .. .. 1,138 2 5 Investment Account .. 11,850 0 0 Interest on investments .. .. .. 533 5 0 13 995 7 5 ■ ■ ■—: £117,135 2 9 , £117,135 2 9 Kevenue Account for the Year ended 31st March, 1931. ■£"■. £ s. d. Or. £ s. d. To Administration expenses .. .. .. 5,167 3 7 By Accrued rents, &e. .. .. .. 121,703 13 4 Survey costs .. .. .. .. 437 10 4 Accrued royalties, &c. .. .. .. 1,384 3 2 Maintenance and repairs .. .. .. 414 80 j Interest on cash and investments held by Depreciation reserve on buildings .. .. 167 16 4 Public Trustee .. .. .. 1,163 19 10 Remissions of rent .. .. .. 719 19 10 ' Interest on investments .. .. .. 533 5 0 Remissions under Deteriorated Lands Act, 1925 .. .. .. .. .. 422 0 1 Irrecoverable rents .. .. .. 670 12 2 Interest under section 20, Discharged Soldiers Settlement Amendment Act, 1023 .. 25 2 11 Payments for primary-education purposes .. 94,463 13 11 Balance carried down .. .. .. 22,296 15 2 £124,785 1 4 £124,785 1 4 £ s. d. £ s. d. To Balance from previous year .. .. 8,111 2 6 By Balance brought down .. .. .. 22.296 15 2 Balance .. .. .. .. 14,185 12 8 £22,296 15 2 £22,296 15 2 Certificate. —Owing to the loss of all records for the Hawke's Bay Land District as a result of the earthquake and fire of 3rd February, 1931, the figures relating to the accrued rent, royalties, and interest for that district have been estimated pending the re-establishment of records. Balance-sheet as at 31st March, 1931. Liabilities. £ s. d. Assets. Capital, including loading for roads, &c. .. 2,315,690 18 3 Endowment lands— £ s. d. £ s. d. Appreciation in land-values .. .. 200,660 12 7 1 Leased .. .. 2,411,025 1 5 Public Works Fund—Roading (section 17, Land Unleased .. .. 70,334 I 5 Laws Amendment Act, 1927) .. .. 3,757 1!) 6 2,481,359 2 10 Discharged Soldiers Settlement Account — Buildings .. .. 5,970 14 3 Merged interest under section 20, Discharged Less Depreciation Reserve 167 15 4 Soldiers Settlement Amendment Act, 1923 .. V.M 10 11 5,802 IS 11 (Sundry creditors —Departmental .. .. 1,755 4 0 Sundry debtors— Rents, &c, charged in advance .. .. 23,861 1 3 ' Rents, £31,876 12s. 1 Id. ; Payments in advance— £ s. d. less reserve for irreRents .. .. .. 1,010 111 coverable rents, £200.. 31,676 12 11 Royalties.. .. .. 0 4 0 Royalties .. .. 1,571 18 4 Sales .. .. .. 7 0 0 Principal instalments on 1,017 611 buildings .. .. 93 13 6 Writings-off in Suspense .. .. .. 644 '.) 7 Interest on cash and inRevenue Account—Balance .. .. 14,185 12 8 vestments .. .. 14 12 6 Departmental .. 45 16 7 Miscellaneous . . .. 42 3 2 33,444 17 0 Postponed rent .. .. .. .. 4,858 14 11 Interest accrued but not due on investments .. 206 8 11 Losses in Suspense .. .. . . 644 9 7 Investments held by Public £ s. d. Trustee .. .. 1,600 0 0 Cash held by Public Trustee 20,257 15 1 21,857 15 1 Cash in Deposit Account .. 2,145 7 5 Investment Account .. 11,850 0 0 13,995 7 5 £2,562,169 14 8 j £2,562,169 14 8 Certificate. — Owing to the loss of all records for the Hawke's Bay Land District as a result of the earthquake and fire of .'ird February last, aooroing charges for the year relating to thai district have been estimated. The following assets are .subject to amendment : Sundry debtors (rents), sundry debtors (royalties), and postponed rent. A sum of £14,747 is also in Consolidated Fund, Deposits Account —Miscellaneous, pending identification when portion may be allocated to Primary Education Endowment Deposits Account. W. Robertson, Under-Secretary for Lands. Wμ. E. Shaw, Accountant. I hereby certify that the Statement of Receipts mid Payments, 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, .subject to the above departmental note. The following comment is appended : The charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (/;) of the Land Laws Amendment Act, 1927. —G. F. C. Campbell, Controller and Auditor-General.

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