B.—l [Pt. IV].

NATIVE DEPARTMENT. NATIVE LAND SETTLEMENT ACCOUNT. Orakei Block Account. Trading Account for the Year ended 31 si March, 1931. Dr , ■ Or. £ s. d. To Land on hand (at cost, plus expenses of sub- £ s. d. By Sales .. .. .. •■ •• 11,365 0 0 division, &c.) as at Ist April, 1930 .. 327,395 17 4 Land on hand (at cost, plus expenses of subInternal roading (Orakei Block Reading Ac- division, reading, &c.) as at 31st March, 1931 353,698 b f> count) .. .. .. •• 2,876 6 6 Balance transferred to Profit and Loss Account 4,410 18 11 ' Surveys and contingencies— £ s. d. Advertising .. .. 92 0 6 Auction expenses .. 5 10 0 Electrical guarantee .. 307 0 1 Legal expenses .... 102 16 10 Orakei building repairs .. 17 18 6 Orakei survey expenditure 58 0 1 Insurance premiums .. 5 4 8 Rates .. .. .. 53 0 3 Valuation expenses .. 9 19 6 651 10 5 Waterfront Road — Waterfront Road to Orakei 11,388 1 3 Waterfront Road to Whakatakatakaßay .. .. 112 10 10 Waterfront Road to Mission Bay .. .. .. 22,627 9 11 34,128 2 0 Orakei Channel (Purewa) Bridge .. .. 4,422 11 2 £369,474 7 5 £369,474 7 5 Profit and Loss Account for the Year ended 31st March, 1931. Dr: £ s. d. Or. £ S. d. To Balance transferred from Trading Account .. 4,410 18 11 By Forfeited deposit on section .. .. 35 0 0 Administration expenses .. .. .. 180 8 7 £ s - d. Depreciation Reserve—Buildings .. .. 94 16 0 Accrued interest .. .. 6,155 A o Interest on capital— £ s. d. Accrued rent .. .. 708 510 Interest on purchase-money 7,263 0 5 3,963 9 4 Interest on expenditure under Balance, being net loss to 31st March, 1931, section 417, Native Land transferred to Appropriation Account .. 20,878 8 0 Act, 1909 .. .. 12,927 13 5 20,190 13 10 £24,876 17 ~4 £24,876 17 4 Appropriation Account. £ s. d. £ s. d. To Balance brought forward from previous year .. 28,281 9 3 By adjustment Account, previous year (part cost Balance from Profit and Loss Account .. 20,878 8 0 Purewa Bridge, incorrectly charged) .. 5,595 8 5 Balance carried forward .. .. .. 43,564 810 £49,159 17 3 £49,159 17 3 Balance-sheet as at 31st March, 1931. Liabilities. £ s. d. Assets. £ s. d. Sundry creditors for payments in" ad- Land (at cost, plus expenses of roading, &c.) .. 353,698 8 6 vance— £s. d. Buildings ■• 3,160 0 0 Rent .. .. .. .. 013 0 Debtors for— £ s. d. Deferred payment, interest .. 1 811 Deferred-payment instalment, 1 ' 2 111 principal.. .. .. 120 8 4 Rent Adjustment Account 178 6 6 Deferred payment, interest .. 722 11 11 Depreciation Reserve—Buildings .. .. 94 16 0 Rent 185 15 0 Native Land Settlement Account .. .. 429,429 2 3 Sales 60,960 19 ° 6] 989 u 3 Sundry debtors—Auckland City Council (halfshare of cost of Purewa Bridge) .. .. 10,017 19 8 Interest Adjustment Account.. .. •• 838 4 3 £429,704 6 8 £429,704 6 8

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