B.—l [Pt. IV|

PUBLIC WORKS DEPARTMENT— continued. ELLESMERE AND FORSYTH RECLAMATION AND AKAROA TRUST ACCOUNT (PUBLIC WORKS FUND). (Section 383, Land Act, 1924.) Income and Expenditure Account foe the Year ended 31st March, 1931. Expenditure. Income £ s d To Expenditure under section 6, Ellesmere Land £ s. d. By Rents from Crown lands 1 881 5* 7 Drainage Act, 1905— ' Interest on loans raised by Board .. .. 439 5 0 Rebates and remission of rent .. .. 137 18 9 Cost of administration .. .. 84 11 8 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. 1,219 10 2 *l>BBl 5 7 £1,881 6 7 Balance-sheet as at 31st March, 1931. Liabilities. ssets. Sundry creditors— Receipts from the sale or lease of Ellesmere Lake £ s d Interest under section 6, Elles- £ s. d. £ s. d. lands ..... 125 600 15 11 mere Land Drainage Act, 1905 439 5 0 Less expenditure on construction',' &c 'of Rents paid or charged in advance 499 7 5 Lincoln-Akaroa Railway .. 110 852 18 10 938 12 5 '■ Accumulated Fund- Balance in General Purposes Account .. .. 14,747 17 1 Balance at Ist April, 1930 .. 12,930 16 3 Sundry debtors—Rents .. 341 l 9 Excess of income over expenditure for 1930-31 .. .. 1,219 10 2 14,150 6 5 £15,088 18 10 £15,088 18 10 J. J. Gibson, Accountant, Public Works Department. 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.— J. H. Fowler, Deputy Controller and Auditor-General.

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